Document:

Exhibit 10.1

 

[ ], 2020

 

Americas Technology Acquisition Corp.

 

16400 Dallas Pkwy #305

 

Dallas, TX 75248

 

EarlyBirdCapital, Inc.

 

366 Madison Avenue, 8th Floor

 

New York, NY 10017

 

	 	Re:	Initial Public Offering

 

Gentlemen:

 

This letter is being delivered to you in
accordance with the Underwriting Agreement (the “Underwriting Agreement”) entered into by and between
Americas Technology Acquisition Corp., a Cayman Islands exempted company (the “Company”), and EarlyBirdCapital, Inc.,
as representative (the “Representative”) of the several Underwriters named in Schedule I thereto (the
 “Underwriters”), relating to an underwritten initial public offering (the “IPO”)
of the Company’s units (the “Units”), each comprised of one ordinary share of the Company, par
value $0.0001 per share (the “Ordinary Shares”), and one-half of one redeemable warrant (the “Warrants”),
each whole redeemable Warrant entitling the holder thereof to purchase one Ordinary Share at a price of $11.50 per share. Certain
capitalized terms used herein are defined in paragraph 14 hereof.

 

In order to induce the Company and the Underwriters
to enter into the Underwriting Agreement and to proceed with the IPO, and in recognition of the benefit that such IPO will confer
upon the undersigned as a shareholder of the Company, and for other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the undersigned hereby agrees with the Company as follows:

 

1. If the Company solicits approval of its
shareholders of a Business Combination, the undersigned will vote all Ordinary Shares beneficially owned by it whether acquired
before, in or after the IPO, in favor of such Business Combination.

 

2. (a) In the event that the Company
fails to consummate a Business Combination within the time period set forth in the Charter, the undersigned shall take all reasonable
steps to (i) cause the Trust Fund to be liquidated and distributed to the holders of IPO Shares and (ii) cause the Company
to liquidate as soon as reasonably practicable.

 

(b) The undersigned hereby waives any
and all right, title, interest or claim of any kind (“Claim”) in or to any distribution of the Trust
Fund and any remaining net assets of the Company as a result of such liquidation with respect to its Insider Shares and hereby
waives any Claim the undersigned may have in the future as a result of, or arising out of, any contracts or agreements with the
Company and will not seek recourse against the Trust Fund for any reason whatsoever. The undersigned acknowledges and agrees that
there will be no distribution from the Trust Fund with respect to any Private Warrants, all rights of which will terminate on the
Company’s liquidation.

 

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(c) In the event of the liquidation
of the Trust Fund, ATAC Limited Partnership (the “Sponsor”) agrees to indemnify and hold harmless the
Company against any and all loss, liability, claims, damage and expense whatsoever (including, but not limited to, any and all
legal or other expenses reasonably incurred in investigating, preparing or defending against any litigation, whether pending or
threatened, or any claim whatsoever) which the Company may become subject as a result of any claim by any target business or vendor
or other person who is owed money by the Company for services rendered or products sold or contracted for, but only to the extent
necessary to ensure that such loss, liability, claim, damage or expense does not reduce the amount of funds in the Trust Fund provided,
however, that such indemnification of the Company by the Sponsor shall apply only to the extent necessary to ensure that such
claims by any target business or vendor or other person who is owed money by the Company for services rendered or products sold
or contracted for do not reduce the amount of funds in the Trust Fund to below (i) $10.10 per share of the Ordinary Shares
sold in the IPO or (ii) such lesser amount per share of the Ordinary Shares sold in the IPO held in the Trust Fund due to
reductions in the value of the trust assets as of the date of the liquidation of the Trust Fund, except as to any claims by a third
party listed above (including a target business) who executed a waiver of any and all rights to seek access to the Trust Fund and
except as to any claims under the Company’s indemnity of the Underwriters against certain liabilities, including liabilities
under the Securities Act of 1933, as amended. In the event that any such executed waiver is deemed to be unenforceable against
such third party, the Sponsor shall not be responsible to the extent of any liability for such third party claims.

 

3. The undersigned will escrow all of its
Insider Shares pursuant to the terms of a Share Escrow Agreement which the Company will enter into with the undersigned and an
escrow agent acceptable to the Company.

 

4. The undersigned agrees that until the
Company consummates a Business Combination, the undersigned’s Private Warrants, if any, will be subject to the transfer restrictions
described in the Subscription Agreement relating to the undersigned’s Private Warrants.

 

5. In order to minimize potential conflicts
of interest which may arise from multiple affiliations, the undersigned agrees to present to the Company for its consideration,
prior to presentation to any other person or entity, any suitable opportunity to acquire a target business, until the earlier of
the consummation by the Company of a Business Combination or the liquidation of the Company, subject to any pre-existing fiduciary
and contractual obligations the undersigned might have.

 

6. The undersigned acknowledges and agrees
that prior to entering into a Business Combination with a target business that is affiliated with any Insiders or their affiliates,
such transaction must be approved by a majority of the Company’s disinterested independent directors and the Company must
obtain an opinion from an independent investment banking firm or another independent entity that commonly renders valuation opinions
that such Business Combination is fair to the Company’s unaffiliated shareholders from a financial point of view.

 

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7. Neither the undersigned, any member of
the family of the undersigned, nor any affiliate of the undersigned will be entitled to receive and no such person will accept
any compensation or other cash payment prior to, or for services rendered in connection with, the consummation of the Business
Combination; provided that the Company shall be allowed to make the payments set forth in the Registration Statement under
the caption “Prospectus Summary – The Offering – Limited Payments to Insiders.”

 

8. Neither the undersigned, any member of
the family of the undersigned, nor any affiliate of the undersigned will be entitled to receive or accept a finder’s fee
or any other compensation in the event the undersigned, any member of the family of the undersigned or any affiliate of the undersigned
originates a Business Combination.

 

9. The undersigned’s biographical
information previously furnished to the Company and the Representative is true and accurate in all material respects, does not
omit any material information with respect to the undersigned’s biography and contains all of the information required to
be disclosed pursuant to Item 401 of Regulation S-K, promulgated under the Securities Act of 1933. The undersigned’s FINRA
Questionnaire previously furnished to the Company and the Representative is true and accurate in all material respects. The undersigned
represents and warrants that:

 

	 	(a) it has never had a petition under the federal bankruptcy laws or any state insolvency law been filed by or against (i) it or any partnership in which it was a general partner at or within two years before the time of filing; or (ii) any corporation or business association of which it was an executive officer at or within two years before the time of such filing;
	 	 
	 	(b) it has never had a receiver, fiscal agent or similar officer been appointed by a court for its business or property, or any such partnership;
	 	 
	 	(c)it has never been convicted of fraud in a civil or criminal proceeding;
	 	 
	 	(d) it has never been convicted in a criminal proceeding or named the subject of a pending criminal proceeding (excluding traffic violations and minor offenses);
	 	 
	 	(e) it has never been the subject of any order, judgment or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction, permanently or temporarily enjoining or otherwise limiting it from (i) acting as a futures commission merchant, introducing broker, commodity trading advisor, commodity pool operator, floor broker, leverage transaction merchant, any other person regulated by the Commodity Futures Trading Commission (“CFTC”) or an associated person of any of the foregoing, or as an investment adviser, underwriter, broker or dealer in securities, or as an affiliated person, director or employee of any investment company, bank, savings and loan association or insurance company, or from engaging in or continuing any conduct or practice in connection with any such activity; or (ii) engaging in any type of business practice; or (iii) engaging in any activity in connection with the purchase or sale of any security or commodity or in connection with any violation of federal or state securities or federal commodities laws;

 

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	 	(f) it has never been the subject of any order, judgment or decree, not subsequently reversed, suspended or vacated, of any federal or state authority barring, suspending or otherwise limiting for more than 60 days its right to engage in any activity described in 9(e)(i) above, or to be associated with persons engaged in any such activity;

 

	 	(g) it has never been found by a court of competent jurisdiction in a civil action or by the SEC to have violated any federal or state securities law, where the judgment in such civil action or finding by the SEC has not been subsequently reversed, suspended or vacated;

 

	 	(h) It has never been found by a court of competent jurisdiction in a civil action or by the CFTC to have violated any federal commodities law, where the judgment in such civil action or finding by the CFTC has not been subsequently reversed, suspended or vacated;

 

		(i) it has never been the subject of, or a
    party to, any Federal or State judicial or administrative order, judgment, decree or finding, not subsequently reversed,
    suspended or vacated, relating to an alleged violation of (i) any Federal or State securities or commodities law or
    regulation, (ii) any law or regulation respecting financial institutions or insurance companies including, but not
    limited to, a temporary or permanent injunction, order of disgorgement or restitution, civil money penalty or temporary or
    permanent cease-and desist order, or removal or prohibition order or (iii) any law or regulation prohibiting mail or
    wire fraud or fraud in connection with any business entity;

 

	 	(j) it has never been the subject of, or party to, any sanction or order, not subsequently reversed, suspended or vacated, or any self-regulatory organization, any registered entity, or any equivalent exchange, association, entity or organization that has disciplinary authority over its members or persons associated with a member;

 

	 	(k) it has never been convicted of any felony or misdemeanor: (i) in connection with the purchase or sale of any security; (ii) involving the making of any false filing with the SEC; or (iii) arising out of the conduct of the business of an underwriter, broker, dealer, municipal securities dealer, investment advisor or paid solicitor of purchasers of securities;

 

	 	(l) it was never subject to a final order of a state securities commission (or an agency of officer of a state performing like functions); a state authority that supervises or examines banks, savings associations, or credit unions; a state insurance commission (or an agency or officer of a state performing like functions); an appropriate federal banking agency; the CFTC; or the National Credit Union Administration that is based on a violation of any law or regulation that prohibits fraudulent, manipulative, or deceptive conduct;

 

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	 	(m) it has never been subject to any order, judgment or decree of any court of competent jurisdiction, that, at the time of such sale, restrained or enjoined it from engaging or continuing to engage in any conduct or practice: (i) in connection with the purchase or sale of any security; (ii) involving the making of any false filing with the SEC; or (iii) arising out of the conduct of the business of an underwriter, broker, dealer, municipal securities dealer, investment adviser or paid solicitor of purchasers of securities;

 

	 	(n) it has never been subject to any order of the SEC that orders it to cease and desist from committing or causing a future violation of: (i) any scienter-based anti-fraud provision of the federal securities laws, including, but not limited to, Section 17(a)(1) of the Securities Act, Section 10(b) of the Exchange Act and Rule 10b-5 thereunder, and Section 206(1) of the Advisers Act or any other rule or regulation thereunder; or (ii) Section 5 of the Securities Act;

 

	 	(o) it has never been named as an underwriter in any registration statement or Regulation A offering statement filed with the SEC that was the subject of a refusal order, stop order, or order suspending the Regulation A exemption, or is, currently, the subject of an investigation or proceeding to determine whether a stop order or suspension order should be issued;

 

	 	(p) it has never been subject to a United States Postal Service false representation order, or is currently subject to a temporary restraining order or preliminary injunction with respect to conduct alleged by the United States Postal Service to constitute a scheme or device for obtaining money or property through the mail by means of false representations;

 

	 	(q) it is not subject to a final order of a state securities commission (or an agency of officer of a state performing like functions); a state authority that supervises or examines banks, savings associations, or credit unions; a state insurance commission (or an agency or officer of a state performing like functions); an appropriate federal banking agency; the CFTC; or the National Credit Union Administration that bars the undersigned from: (i) association with an entity regulated by such commission, authority, agency or officer; (ii) engaging in the business of securities, insurance or banking; or (iii) engaging in savings association or credit union activities;

 

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	 	(r) it is not subject to an order of the SEC entered pursuant to section 15(b) or 15B(c) of the Securities Exchange Act of 1934 (the “Exchange Act”) or section 203(e) or 203(f) of the Investment Advisers Act of 1940 (the “Advisers Act”) that: (i) suspends or revokes the undersigned’s registration as a broker, dealer, municipal securities dealer or investment adviser; (ii) places limitations on the activities, functions or operations of, or imposes civil money penalties on, such person; or (iii) bars the undersigned from being associated with any entity or from participating in the offering of any penny stock; and

 

	 	(s) it has never been suspended or expelled from membership in, or suspended or barred from association with a member of, a securities self-regulatory organization (e.g., a registered national securities exchange or a registered national or affiliated securities association) for any act or omission to act constituting conduct inconsistent with just and equitable principles of trade.

 

10. The undersigned has full right and power,
without violating any agreement by which it is bound, to enter into this letter agreement.

 

11. The undersigned hereby waives its right
to exercise conversion rights with respect to any Ordinary Shares owned or to be owned by the undersigned, directly or indirectly,
whether purchased by the undersigned prior to the IPO, in the IPO or in the aftermarket, and agrees that it will not seek conversion
with respect to or otherwise sell, such shares in connection with any vote to approve a Business Combination with respect thereto
(or any tender offer related thereto) or a vote to amend the provisions of the Charter.

 

12. The undersigned hereby agrees to not
propose, or vote in favor of, an amendment to the Charter with respect to the Company’s pre-Business Combination activities
prior to the consummation of a Business Combination unless the Company offers holders the right to receive their pro rata portion
of the funds then held in the Trust Fund.

 

13. In connection with Section 5-1401
of the General Obligations Law of the State of New York, this letter agreement shall be governed by, and construed in accordance
with, the laws of the State of New York without regard to principles of conflicts of law that would result in the application of
the substantive law of another jurisdiction. The parties hereto agree that any action, proceeding or claim arising out of or relating
in any way to this letter agreement shall be resolved through final and binding arbitration in accordance with the International
Arbitration Rules of the American Arbitration Association (“AAA”). The arbitration shall be brought before the
AAA International Center for Dispute Resolution’s offices in New York City, New York, will be conducted in English and will
be decided by a panel of three arbitrators selected from the AAA Commercial Disputes Panel and that the arbitrator panel’s
decision shall be final and enforceable by any court having jurisdiction over the party from whom enforcement is sought. The cost
of such arbitrators and arbitration services, together with the prevailing party’s legal fees and expenses, shall be borne
by the non-prevailing party or as otherwise directed by the arbitrators. Each of the undersigned irrevocably appoints Ellenoff
Grossman & Schole LLP as agent for the service of process in the State of New York to receive, for the undersigned and
on his behalf, service of process in any proceeding relating to this letter agreement.

 

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14. In the event that the Company is not
able to consummate a Business Combination within 12 months and Sponsor requests that the Company extends the period of time to
consummate a business combination up to two times, each by an additional three-month period pursuant to the Charter (each an “Extension”),
for each Extension the Sponsor will, upon five days advance notice prior to the applicable deadline, deposit into the Trust Account
$1,000,000, or $1,150,000 if the underwriters’ over-allotment option is exercised in full ($0.10 per Unit in either case)
pursuant to the terms of the Charter and the Trust Agreement. Any such payments will be made in the form of non-interest bearing
loans. If the Company completes its initial Business Combination, the Company will, at the option of the lender, repay such loaned
amounts out of the proceeds of the Trust Account released to the Company or convert a portion or all of the total loan amount into
warrants at a price of $1.00 per warrant, which warrants will be identical to the Private Warrants. If the Company does not complete
a Business Combination within the applicable period of time, the loans will not be repaid, and Sponsor agrees to waive its right
to be repaid such loans. Sponsor is under no obligation to fund the Trust Account to extend the time for the Company to complete
its initial Business Combination.

 

15. The Representative is hereby granted,
for a period of one year from the closing of the Business Combination, so long as the Company retains at least 75% of the funds
held in the Trust Account for use in its initial Business Combination, the right to act as lead underwriter for the next U.S. registered
public offering of securities undertaken by Alberto Pontonio and/or Jorge Marcos for the purpose of raising capital and placing
90% or more of the proceeds in a trust or escrow account to be used to acquire one or more operating businesses that have not been
identified at the time of the public offering. The terms of such offering shall be mutually determined in good faith by such persons
and the Representative and will be based on the prevailing market for similar offerings.

 

16. As used herein, (i) a “Business
Combination” shall mean a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization
or other similar business combination with one or more businesses or entities; (ii) “Charter” shall
mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended and/or restated
from time to time; (iii) “Insiders” shall mean all officers, directors and shareholders of the Company
immediately prior to the IPO; (iv) “Insider Shares” shall mean all of the Ordinary Shares of the
Company acquired by an Insider prior to the IPO and any Ordinary Shares underlying the Private Warrants; (v) “IPO
Shares” shall mean the Ordinary Shares issued in the Company’s IPO; (vi) [intentionally omitted] (vii) “Private
Warrants” shall mean (x) the warrants purchased in the private placement taking place simultaneously with the
consummation of the Company’s IPO and (y) the additional warrants that may be purchased in connection with the exercise
of the over-allotment option by the underwriters in the IPO as described in the Registration Statement; (viii) “Registration
Statement” means the registration statements on Form S-1 filed by the Company with respect to the IPO; and (ix) “Trust
Fund” shall mean the trust fund into which a portion of the net proceeds of the Company’s IPO will be deposited.

 

17. Any notice, consent or request to be
given in connection with any of the terms or provisions of this letter agreement shall be in writing and shall be sent by express
mail or similar private courier service, by certified mail (return receipt requested), by hand delivery or facsimile transmission.

 

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If to the Representative:

 

EarlyBirdCapital, Inc.

366 Madison Avenue, 8th Floor

New York, NY 10017

Attn: Steven Levine

Facsimile: (212) 661-4936

 

If to the Company:

 

Americas Technology Acquisition Corp.

16400 Dallas Pkwy #305

Dallas, TX 75248

Attention: Jorge Marcos, Chief Executive Officer

 

with a copy (which copy shall not constitute notice)
to:

 

Ellenoff Grossman& Schole LLP

1345 Avenue of the Americas, 11th Floor

New York, NY 10105

Attn: Stuart Neuhauser, Esq.

Facsimile: (212) 370-7889

 

18. No party hereto may assign either this
letter agreement or any of its rights, interests, or obligations hereunder without the prior written consent of the other party.
Any purported assignment in violation of this paragraph shall be void and ineffectual and shall not operate to transfer or assign
any interest or title to the purported assignee. This letter agreement shall be binding on the parties hereto and any successors
and assigns thereof.

 

19. The undersigned acknowledges and understands
that the Underwriters and the Company will rely upon the agreements, representations and warranties set forth herein in proceeding
with the IPO.

 

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	 	ATAC Limited Partnership,	 
	 	 	 	 
	 	By:	ATAC Holdings LLC, its General Partner 	 
	 	 	 	 	 
	 	 	
        

        Name:
	
        

         
	 
	 	 	Title:	Authorized Signatory	 

 

	 	 	 
	Lisa Harris	 	 
	 	 	 
	 	 	 
	Jorge Marcos	 	 
	 	 	 
	 	 	 
	Juan Pablo Visoso	 	 
	 	 	 
	 	 	 
	Alberto Pontonio	 	 
	 	 	 
	 	 	 
	Maurizio Angelone	 	 
	 	 	 
	 	 	 
	Edward Wilson	 	 
	 	 	 
	 	 	 
	Antonio Garza	 	 

 

    9Exhibit 10.2

 

INVESTMENT MANAGEMENT TRUST AGREEMENT

 

This Agreement is made as of [ ], 2020 by
and between Americas Technology Acquisition Corp. (the “Company”) and Continental Stock Transfer & Trust Company,
as trustee (“Trustee”).

 

WHEREAS, the Company’s registration
statement on Form S-1, No. 333-250841 (“Registration Statement”) for its initial public offering of securities
(“IPO”) has been declared effective as of the date hereof (“Effective Date”) by the Securities and Exchange
Commission (capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Registration Statement);
and

 

WHEREAS, EarlyBirdCapital, Inc. (“EarlyBirdCapital”)
is acting as the representative of the underwriters in the IPO; and

 

WHEREAS, as described in the Registration
Statement, and in accordance with the Company’s Amended and Restated Memorandum and Articles of Association, $96,000,000
of the proceeds of the IPO ($110,700,000 if the over-allotment option is exercised in full), plus the net proceeds of a private
placement taking place simultaneously therewith in the amount of $5,000,000 (or $5,450,000 if the over-allotment option is exercised
in full), will be delivered to the Trustee to be deposited and held in the Trust Account (as defined below) for the benefit of
the Company and the holders of the Company’s ordinary shares, par value $0.0001 per share (“Ordinary Shares”),
issued in the IPO as hereinafter provided (the proceeds to be delivered to the Trustee, will be referred to herein as the “Property”;
the shareholders for whose benefit the Trustee shall hold the Property will be referred to as the “Public Shareholders,”
and the Public Shareholders and the Company will be referred to together as the “Beneficiaries”); and

 

WHEREAS, the Company and the Trustee desire
to enter into this Agreement to set forth the terms and conditions pursuant to which the Trustee shall hold the Property;

 

IT IS AGREED:

 

1. Agreements and Covenants of Trustee.
The Trustee hereby agrees and covenants to:

 

(a) Hold the Property in trust for
the Beneficiaries in accordance with the terms of this Agreement in (the “Trust Account”) established by the Trustee
in the United States, at J.P. Morgan Chase Bank, N.A. (or at another U.S. chartered commercial bank with consolidated assets of
$100 billion or more) maintained by Trustee, and at a brokerage institution selected by the Trustee that is reasonably satisfactory
to the Company;

 

(b) Manage, supervise and administer
the Trust Account subject to the terms and conditions set forth herein;

 

(c) In a timely manner, upon the written
instruction of the Company, invest and reinvest the Property solely in United States government securities within meaning of Section 2(a)(16)
of the Investment Company Act of 1940, as amended, having a maturity of 185 days or less, or in money in money market funds meeting
the conditions of Rule 2a-7(d) promulgated under the Investment Company Act of 1940, as amended, (or any successor rule),
which invest only in direct U.S. government treasury obligations, as determined by the Company, it being understood that the Trust
Account will earn no interest while account funds are uninvested awaiting the Company’s instructions hereunder and the Trustee
may earn bank credits or other consideration;

 

(d) Collect and receive, when due,
all interest or other income arising from the Property, which shall become part of the “Property,” as such term is
used herein;

 

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(e) Promptly notify the Company and
EarlyBirdCapital of all communications received by it with respect to any Property requiring action by the Company;

 

(f) Supply any necessary information
or documents as may be requested by the Company in connection with the Company’s preparation of its tax returns;

 

(g) Participate in any plan or proceeding
for protecting or enforcing any right or interest arising from the Property if, as and when instructed by the Company to do so;

 

(h) Render to the Company monthly written
statements of the activities of and amounts in the Trust Account reflecting all receipts and disbursements of the Trust Account;

 

(i) Commence liquidation of the Trust
Account only after and promptly after receipt of, and only in accordance with, the terms of a letter (“Termination Letter”),
in a form substantially similar to that attached hereto as either Exhibit A or Exhibit B, signed on behalf of the Company
by the Company’s Chairman and Chief Executive Officer, Chief Financial Officer, or other executive officer in the case of
a Termination Letter in a form substantially similar to that attached hereto as Exhibit A, acknowledged and agreed to by EarlyBirdCapital,
and complete the liquidation of the Trust Account and distribute the Property in the Trust Account only as directed in the Termination
Letter and the other documents referred to therein; provided, however, that in the event that a Termination Letter has not been
received by the Trustee prior to such date, the Trustee shall commence liquidation of the Trust Account upon the date which is
the latest of (1) 12 months after the closing of the IPO, (2) such later date upon one or more Extensions effectuated
pursuant to the terms hereof and (3) such later date as may be approved by the Company’s stockholders in accordance
with the Company’s amended and restated certificate of incorporation, in which case the Trust Account shall be liquidated
in accordance with the procedures set forth in the Termination Letter attached as Exhibit B and the Property in the Trust
Account, including interest (net of taxes), shall be distributed to the Public Shareholders of record as of such date;

 

(j) Upon receipt of an Amendment Notification
Letter (defined below), distribute to Public Shareholders who exercised their redemption rights in connection with an Amendment
(defined below) an amount equal to the pro rata share of the Property relating to the Ordinary Shares for which such Public Shareholders
have exercised redemption rights in connection with such Amendment; and

 

(i) Upon receipt of an extension letter
(“Extension Letter”) substantially similar to Exhibit E hereto at least five business days prior to the Applicable
Deadline, signed on behalf of the Company by an executive officer, and receipt of the dollar amount specified in the Extension
Letter on or prior to the Applicable Deadline, follow the instructions set forth in the Extension Letter.

 

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2. Limited Distributions of Income from
Trust Account.

 

(a) Upon written request from the Company,
which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the Trustee shall
distribute to the Company the amount of interest income earned on the Trust Account requested by the Company to cover any income
or other tax obligation owed by the Company.

 

(b) [intentionally omitted]

 

(c) The limited distributions referred
to in Section 2(a) above shall be made only from income collected on the Property. Except as provided in Section 2(a) above,
no other distributions from the Trust Account shall be permitted except in accordance with Sections 1(i) or 1(j) hereof.

 

(d) The Company shall provide EarlyBirdCapital
with a copy of any Termination Letters and/or any other correspondence that it issues to the Trustee with respect to any proposed
withdrawal from the Trust Account promptly after such issuance.

 

3. Agreements and Covenants of the Company.
The Company hereby agrees and covenants to:

 

(a) Give all instructions to the Trustee
hereunder in writing, signed by the Company’s Chairman and Chief Executive Officer, Chief Financial Officer, or other executive
officer. In addition, except with respect to its duties under paragraphs 1(i), 1(j) and 2(a) above, the Trustee shall
be entitled to rely on, and shall be protected in relying on, any verbal or telephonic advice or instruction which it in good faith
and with reasonable care believes to be given by any one of the persons authorized above to give written instructions, provided
that the Company shall promptly confirm such instructions in writing;

 

(b) Subject to the provisions of Sections
5 and 7(g) of this Agreement, hold the Trustee harmless and indemnify the Trustee from and against any and all expenses, including
reasonable counsel fees and disbursements, or loss suffered by the Trustee in connection with any claim, potential claim, action,
suit or other proceeding brought against the Trustee involving any claim, or in connection with any claim or demand which in any
way arises out of or relates to this Agreement, the services of the Trustee hereunder, or the Property or any income earned from
investment of the Property, except for expenses and losses resulting from the Trustee’s gross negligence or willful misconduct.
Promptly after the receipt by the Trustee of notice of demand or claim or the commencement of any action, suit or proceeding, pursuant
to which the Trustee intends to seek indemnification under this paragraph, it shall notify the Company in writing of such claim
(hereinafter referred to as the “Indemnified Claim”). The Trustee shall have the right to conduct and manage the defense
against such Indemnified Claim, provided, that the Trustee shall obtain the consent of the Company with respect to the selection
of counsel, which consent shall not be unreasonably withheld. The Trustee may not agree to settle any Indemnified Claim without
the prior written consent of the Company, which consent shall not be unreasonably withheld. The Company may participate in such
action with its own counsel;

 

(c) Pay the Trustee an initial acceptance
fee, an annual fee and a transaction processing fee for each disbursement made pursuant to Section 2(a) as set forth
on Schedule A hereto, which fees shall be subject to modification by the parties from time to time. It is expressly understood
that the Property shall not be used to pay such fees unless and until the Company consummates a Business Combination. The Company
shall pay the Trustee the initial acceptance fee and first year’s fee at the consummation of the IPO and thereafter on the
anniversary of the Effective Date;

 

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(d) In connection with any vote of
the Company’s shareholders regarding a Business Combination, provide to the Trustee an affidavit or certificate of a firm
regularly engaged in the business of soliciting proxies and/or tabulating shareholder votes verifying the vote of the Company’s
shareholders regarding such Business Combination;

 

(e) In the event that the Company directs
the Trustee to commence liquidation of the Trust Account pursuant to Section 1(i), the Company agrees that it will not direct
the Trustee to make any payments that are not specifically authorized by this Agreement;

 

(f) If the Company seeks to amend any
provisions of its Amended and Restated Memorandum and Articles of Association (in each case, an “Amendment”), provide
the Trustee with a letter (an “Amendment Notification Letter”) in the form of Exhibit D providing instructions
for the distribution of funds to Public Shareholders who exercise their redemption rights in connection with such Amendment.

 

4. Limitations of Liability. The
Trustee shall have no responsibility or liability to:

 

(a) Take any action with respect to
the Property, other than as directed in Sections 1 and 2 hereof, and the Trustee shall have no liability to any third party except
for liability arising out of the Trustee’s gross negligence, fraud or willful misconduct;

 

(b) Institute any proceeding for the
collection of any principal and income arising from, or institute, appear in or defend any proceeding of any kind with respect
to, any of the Property unless and until it shall have received instructions from the Company given as provided herein to do so
and the Company shall have advanced or guaranteed to it funds sufficient to pay any expenses incident thereto;

 

(c) Change the investment of any Property,
other than in compliance with Section 1(c);

 

(d) Refund any depreciation in principal
of any Property;

 

(e) Assume that the authority of any
person designated by the Company to give instructions hereunder shall not be continuing unless provided otherwise in such designation,
or unless the Company shall have delivered a written revocation of such authority to the Trustee;

 

(f) The other parties hereto or to
anyone else for any action taken or omitted by it, or any action suffered by it to be taken or omitted, in good faith and in the
exercise of its own best judgment, except for its gross negligence or willful misconduct. The Trustee may rely conclusively and
shall be protected in acting upon any order, notice, demand, certificate, opinion or advice of counsel (including counsel chosen
by the Trustee), statement, instrument, report or other paper or document (not only as to its due execution and the validity and
effectiveness of its provisions, but also as to the truth and acceptability of any information therein contained) which is believed
by the Trustee, in good faith, to be genuine and to be signed or presented by the proper person or persons. The Trustee shall not
be bound by any notice or demand, or any waiver, modification, termination or rescission of this Agreement or any of the terms
hereof, unless evidenced by a written instrument delivered to the Trustee signed by the proper party or parties and, if the duties
or rights of the Trustee are affected, unless it shall give its prior written consent thereto;

 

    4

     

    

 

(g) Verify the correctness of the information
set forth in the Registration Statement or to confirm or assure that any acquisition made by the Company or any other action taken
by it is as contemplated by the Registration Statement;

 

(h) File local, state and/or federal
tax returns or information returns with any taxing authority on behalf of the Trust Account and payee statements with the Company
documenting the taxes, if any, payable by the Company or the Trust Account, relating to the income earned on the Property;

 

(i) Pay any taxes on behalf of the
Trust Account (it being expressly understood that the Property shall not be used to pay any such taxes and that such taxes, if
any, shall be paid by the Company from funds not held in the Trust Account or released to it under Section 2(a) hereof);

 

(j) Imply obligations, perform duties,
inquire or otherwise be subject to the provisions of any agreement or document other than this agreement and that which is expressly
set forth herein;

 

(k) Verify calculations, qualify or
otherwise approve Company requests for distributions pursuant to Section 1(i) or 2(a) above; and

 

(l) Provide any assurance that a Business
Combination entered into by the Company or any other action taken by the Company is as contemplated by the Registration Statement.

 

5. Trust Account Waiver. The Trustee
has no right of set-off or any right, title, interest or claim of any kind (“Claim”) to, or to any monies in, the Trust
Account, and hereby irrevocably waives any Claim to, or to any monies in, the Trust Account that it may have now or in the future.
In the event the Trustee has any Claim against the Company under this Agreement, including, without limitation, under Section 3(b) or
Section 3(c) hereof, the Trustee shall pursue such Claim solely against the Company and its assets outside the Trust
Account and not against the Property or any monies in the Trust Account.

 

6. Termination. This Agreement shall
terminate as follows:

 

(a) If the Trustee gives written notice
to the Company that it desires to resign under this Agreement, the Company shall use its reasonable efforts to locate a successor
trustee during which time the Trustee shall act in accordance with this Agreement. At such time that the Company notifies the Trustee
that a successor trustee has been appointed by the Company and has agreed to become subject to the terms of this Agreement, the
Trustee shall transfer the management of the Trust Account to the successor trustee, including but not limited to the transfer
of copies of the reports and statements relating to the Trust Account, whereupon this Agreement shall terminate; provided, however,
that, in the event that the Company does not locate a successor trustee within ninety days of receipt of the resignation notice
from the Trustee, the Trustee may submit an application to have the Property deposited with any court in the State of New York
or with the United States District Court for the Southern District of New York and upon such deposit, the Trustee shall be immune
from any liability whatsoever; or

 

    5

     

    

 

(b) At such time that the Trustee has
completed the liquidation of the Trust Account in accordance with the provisions of Section 1(i) hereof, and distributed
the Property in accordance with the provisions of the Termination Letter, this Agreement shall terminate except with respect to
Section 3(b).

 

7. Miscellaneous.

 

(a) The Company and the Trustee each
acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust
Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures
to authorized persons. Each party must notify the other party immediately if it has reason to believe unauthorized persons may
have obtained access to such information, or of any change in its authorized personnel. In executing funds transfers, the Trustee
will rely upon all information supplied to it by the Company, including account names, account numbers and all other identifying
information relating to a beneficiary, beneficiary’s bank or intermediary bank. Except for any liability arising out of the
Trustee’s gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense
resulting from any error in the information or transmission of the wire.

 

(b) This Agreement shall be governed
by and construed and enforced in accordance with the laws of the State of New York, without giving effect to conflicts of law principles
that would result in the application of the substantive laws of another jurisdiction. This Agreement may be executed in several
original or facsimile counterparts, each one of which shall constitute an original, and together shall constitute but one instrument.

 

(c) This Agreement contains the entire
agreement and understanding of the parties hereto with respect to the subject matter hereof. Except for Sections 1(i), and 1(j) (which
may not be amended under any circumstances), this Agreement or any provision hereof may only be changed, amended or modified by
a writing signed by each of the parties hereto; provided, however, that no such change, amendment or modification may be made without
the prior written consent of EarlyBirdCapital. As to any claim, cross-claim or counterclaim in any way relating to this Agreement,
each party waives the right to trial by jury. The Trustee may require from Company counsel an opinion as to the propriety of any
proposed amendment.

 

(d) The parties hereto consent to the
jurisdiction and venue of any state or federal court located in the City of New York, Borough of Manhattan, for purposes of resolving
any disputes hereunder.

 

(e) Any notice, consent or request to be given in connection
with any of the terms or provisions of this Agreement shall be in writing and shall be sent by express mail or similar private
courier service, by certified mail (return receipt requested), by hand delivery or by facsimile transmission:

 

    6

     

    

 

if to the Trustee, to:

 

Continental Stock Transfer& Trust Company, LLC 

1 State Street, 30th Floor

 

New York, NY 10004 

Attn: Francis Wolf and Celeste Gonzalez 

Email: fwolf@continentalstock.com 

Email: cgonzalez@continentalstock.com

 

if to the Company, to:

 

Americas Technology Acquisition Corp. 

16400 Dallas Pkwy #305, 

Dallas, TX 75248 

Attention: Jorge Marcos, Chief Executive Officer

 

in either case with a copy (which copy shall not constitute
notice) to:

 

EarlyBirdCapital, Inc. 

366 Madison Avenue 

New York, NY 10017 

Attn: Steven Levine 

Facsimile: (212) 661-4936

 

and

 

Ellenoff Grossman& Schole LLP 

1345 Avenue of the Americas, 11th Floor 

New York, New York 10105 

Attn: Stuart Neuhauser, Esq. 

Fax No.: (212) 370-7889

 

and

 

Graubard Miller 

The Chrysler Building 

405 Lexington Avenue 

New York, NY 10174 

Attn: David Alan Miller, Esq. 

Fax: (212) 818-8881

 

(f) This Agreement may not be assigned
by the Trustee without the prior consent of the Company.

 

(g) Each of the Trustee and the Company
hereby represents that it has the full right and power and has been duly authorized to enter into this Agreement and to perform
its respective obligations as contemplated hereunder.

 

(h) Each of the Company and the Trustee
hereby acknowledge that EarlyBirdCapital is a third party beneficiary of this Agreement.

 

    7

     

    

 

IN WITNESS WHEREOF, the parties have duly
executed this Investment Management Trust Agreement as of the date first written above.

 

	 	CONTINENTAL STOCK TRANSFER & TRUST
	 	COMPANY, as Trustee
	 	 	 
	 	By:  	
	 	 	 
	 	 	Name: Francis Wolf 
	 	 	 
	 	 	Title: Vice President
	 	 	 
	 	AMERICAS TECHNOLOGY ACQUISITION CORP.
	 	 	 
	 	By:	
	 	 	Name: Jorge Marcos
	 	 	Title: Chief Executive Officer

 

    8

     

    

 

SCHEDULE A

 

	Fee Item	 	Time and method of payment	 	Amount	 
	 	 	 	 	 	 
	Initial set-up fee.	 	Initial closing of Offering by wire transfer.	 	$	3,500	 
	Trustee administration fee	 	Payable annually. First year fee payable, at initial closing of Offering by wire transfer, thereafter by wire transfer or check.	 	$	10,000	 
	Transaction processing fee for disbursements to Company under Sections 1(i) and 1(j)	 	Billed to Company following disbursement made to Company under Section 1	 	$	250	 
	Paying Agent services as required pursuant to Sections 1(i) and 1(k)	 	Billed to Company upon delivery of service pursuant to Section 1(i) and 1(k)	 	 	Prevailing rates	 

 

 

Sch A-1

 

    9

     

    

 

EXHIBIT A

 

[Letterhead of Company] 

[Insert date]

 

Continental Stock Transfer & Trust Company 

1 State Street, 30th Floor 

New York, NY 10004 

Attn: Francis Wolf and Celeste Gonzalez

 

Re: Trust Account No. [_____________] - Termination
Letter

 

Ladies and Gentlemen:

 

Pursuant to Section 1(i) of the Investment Management
Trust Agreement between Americas Technology Acquisition Corp. (“Company”) and Continental Stock Transfer &
Trust Company (“Trustee”), dated as of [ ], 2020 (“Trust Agreement”), this is to advise you that the Company
has entered into an agreement with [__________________] (“Target Business”) to consummate a business combination with
Target Business (“Business Combination”) on or about [insert date]. The Company shall notify you at least 72
hours in advance of the actual date of the consummation of the Business Combination (“Consummation Date”). Capitalized
terms used herein and not otherwise defined shall have the meanings set forth in the Trust Agreement.

 

In accordance with the terms of the Trust Agreement, we hereby
authorize you to liquidate the Trust Account investments and to transfer the proceeds to the above-referenced account at JPMorgan
Chase Bank, N.A. to the effect that, on the Consummation Date, all of funds held in the Trust Account will be immediately available
for transfer to the account or accounts that the Company shall direct on the Consummation Date. It is acknowledged and agreed that
while the funds are on deposit in the trust account awaiting distribution, the Company will not earn any interest or dividends.

 

On the Consummation Date (i) counsel for the Company shall
deliver to you written notification that the Business Combination has been consummated, and (ii) the Company shall deliver
to you (a) a certificate of the Chief Executive Officer, which verifies the vote of the Company’s shareholders in connection
with the Business Combination if a vote is held and (b) joint written instructions from the Company and EarlyBirdCapital, Inc.
with respect to the transfer of the funds held in the Trust Account (“Instruction Letter”). You are hereby directed
and authorized to transfer the funds held in the Trust Account immediately upon your receipt of the counsel’s letter and
the Instruction Letter, in accordance with the terms of the Instruction Letter. In the event that certain deposits held in the
Trust Account may not be liquidated by the Consummation Date without penalty, you will notify the Company of the same and the Company
shall direct you as to whether such funds should remain in the Trust Account and distributed after the Consummation Date to the
Company. Upon the distribution of all the funds in the Trust Account pursuant to the terms hereof, the Trust Agreement shall be
terminated.

 

    10

     

    

 

In the event that the Business Combination is not consummated
on the Consummation Date described in the notice thereof and we have not notified you on or before the original Consummation Date
of a new Consummation Date, then upon receipt by the Trustee of written instructions from the Company, the funds held in the Trust
Account shall be reinvested as provided in the Trust Agreement on the business day immediately following the Consummation Date
as set forth in the notice.

 

	 	Very truly yours,
	 	 
	 	AMERICAS TECHNOLOGY ACQUISITION CORP.
	 	
         

         

	 	By:	
	 	 	
        Jorge Marcos

        Chief Executive Officer

 

Acknowledged and Agreed:

 

EarlyBirdCapital, Inc.

 

	By:		 
	 	Name:	 
	 	Title:	 

 

    11

     

    

 

EXHIBIT B

 

[Letterhead of Company] 

[Insert date]

 

Continental Stock Transfer & Trust Company 

1 State Street, 30th Floor 

New York, NY 10004 

Attn: Francis Wolf and Celeste Gonzalez

 

Re: Trust Account No. [______________] - Termination
Letter

 

Ladies and Gentlemen:

 

Pursuant to Section 1(i) of the Investment Management
Trust Agreement between Americas Technology Acquisition Corp. (“Company”) and Continental Stock Transfer &
Trust Company (“Trustee”), dated as of [ ], 2020 (“Trust Agreement”), this is to advise you that the Company
has been unable to effect a Business Combination with a Target Company within the time frame specified in the Company’s Amended
and Restated Memorandum and Articles of Association, as described in the Company’s prospectus relating to its IPO. Capitalized
terms used herein and not otherwise defined shall have the meanings set forth in the Trust Agreement.

 

In accordance with the terms of the Trust Agreement, we hereby
authorize you to liquidate all the Trust Account investments on [______________] and to transfer the total proceeds to the Trust
Checking Account at JPMorgan Chase Bank, N.A. to await distribution to the Public Shareholders. The Company has selected [____________,
20__] as the date for the purpose of determining when the Public Shareholders will be entitled to receive their share of the liquidation
proceeds. It is acknowledged that no interest will be earned by the Company on the liquidation proceeds while on deposit in the
Trust Checking Account. You agree to be the Paying Agent of record and in your separate capacity as Paying Agent, to distribute
said funds directly to the Public Shareholders in accordance with the terms of the Trust Agreement and the Amended and Restated
Memorandum and Articles of Association of the Company. Upon the distribution of all the funds in the Trust Account, your obligations
under the Trust Agreement shall be terminated.

 

	 	Very truly yours,
	 	 
	 	AMERICAS TECHNOLOGY ACQUISITION CORP.
	 	
         

         

	 	By::	
	 	 	
        Jorge Marcos

        Chief Executive Officer

 

cc: EarlyBirdCapital, Inc.

 

    12

     

    

 

EXHIBIT C

 

[Letterhead of Company] 

[Insert date]

 

Continental Stock Transfer & Trust Company 

1 State Street, 30th Floor 

New York, NY 10004 

Attn: Francis E. Wolf, Jr. and Celeste Gonzalez

 

Re: Trust Account No. [___________] – Tax Withdrawal
Letter

 

Ladies and Gentlemen:

 

Pursuant to Section 2(a) of the Investment Management
Trust Agreement between Americas Technology Acquisition Corp. (“Company”) and Continental Stock Transfer &
Trust Company (“Trustee”), dated as of [ ], 2020, (“Trust Agreement”), the Company hereby requests that
you deliver to the Company [$_______] of the interest income earned on the Property as of the date hereof. Capitalized terms used
herein and not otherwise defined shall have the meanings set forth in the Trust Agreement. The Company needs such funds to pay
for its tax obligations. In accordance with the terms of the Trust Agreement, you are hereby directed and authorized to transfer
(via wire transfer) such funds promptly upon your receipt of this letter to the Company’s operating account at:

 

[WIRE INSTRUCTION INFORMATION]

 

	 	Very truly yours,
	 	 
	 	AMERICAS TECHNOLOGY ACQUISITION CORP.
	 	 
	 	By:	
	 	 	
        Jorge Marcos

        Chief Executive Officer

 

cc: EarlyBirdCapital, Inc.

 

    13

     

    

 

EXHIBIT D

 

[Letterhead of Company] 

[Insert date]

 

Continental Stock Transfer & Trust Company 

1 State Street, 30th Floor 

New York, NY 10004 

Attn: Francis E. Wolf, Jr. and Celeste Gonzalez

 

Re: Trust Account No. [___________]

 

Ladies and Gentlemen:

 

Pursuant to Section 3(f) of the Investment Management
Trust Agreement (the “Agreement”) between Americas Technology Acquisition Corp. (“Company”) and Continental
Stock Transfer & Trust Company (“Trustee”), dated as of [ ], 2020 (“Trust Agreement”), this letter
is to advise you that the Company has sought an Amendment (as defined in the Agreement). Accordingly, in accordance with the terms
of the Agreement, we hereby authorize you to liquidate a sufficient portion of the trust account and to transfer $______ of the
proceeds via wire transfer to the trust operating account at JPMorgan Chase Bank, N.A. for distribution to the shareholders that
have requested redemption of their shares in connection with such Amendment. Capitalized terms used herein and not otherwise defined
shall have the meanings set forth in the Trust Agreement.

 

	 	Very truly yours,
	 	 
	 	
        AMERICAS TECHNOLOGY ACQUISITION CORP.

         

	 	 
	 	By:	
	 	 	
        Jorge Marcos

        Chief Executive Officer

 

cc: EarlyBirdCapital, Inc.

 

    14

     

    

 

EXHIBIT E

 

[Letterhead
of Company]

 

[Insert date]

 

Continental Stock
Transfer & Trust Company

1 State Street,
30th Floor 

New York, New
York 10004

Attn: Francis
Wolf and Celeste Gonzalez

 

	 	Re:	Trust Account No. [     ] Extension Letter

 

Dear Mr. Wolf and Ms. Gonzalez:

 

Pursuant
to Section 1(i) of the Investment Management Trust Agreement between Americas Technology Acquisition Corp. (“Company”)
and Continental Stock Transfer & Trust Company, dated as of [ ], 2020 (“Trust Agreement”), this is
to advise you that the Company is extending the time available to consummate a Business Combination for an additional three (3) months,
from _______ to _________ (the “Extension”).

 

This
Extension Letter shall serve as the notice required with respect to Extension prior to the Applicable Deadline. Capitalized words
used herein and not otherwise defined shall have the meanings ascribed to them in the Trust Agreement.

 

In
accordance with the terms of the Trust Agreement, we hereby authorize you to deposit $1,000,000 [(or $1,150,000 if the underwriters’
over-allotment option was exercised in full)], which will be wired to you, into the Trust Account investments upon receipt.

 

This
is the [first/second] of up to two Extension Letters.

 

	 	Very truly yours,
	 	 
	 	Americas Technology Acquisition Corp.
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

cc: EarlyBirdCapital, Inc.

  

    15

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