Document:

Exhibit 10.2

 

INVESTMENT MANAGEMENT TRUST AGREEMENT

 

This Investment Management
Trust Agreement (this “Agreement”) is made effective as of July 27,
2017 by and between Pensare Acquisition Corp., a Delaware corporation (the “Company”),
and Continental Stock Transfer & Trust Company, a New York corporation (the “Trustee”).

 

WHEREAS, the Company’s
registration statements on Form S-1, Nos. 333-219162 and 333-219518 (collectively, the “Registration
Statement”) and prospectus (the “Prospectus”) for
the initial public offering of the Company’s units (the “Units”),
each of which consists of one share of the Company’s common stock, par value $0.001 per share (the “Common
Stock”), one right to receive one-tenth of one share of Common Stock upon a business combination and one-half
of one warrant, each whole warrant entitling the holder thereof to purchase one share of Common Stock (such initial public offering
hereinafter referred to as the “Offering”), has been declared effective
as of the date hereof by the U.S. Securities and Exchange Commission; and

 

WHEREAS, the Company
has entered into an Underwriting Agreement (the “Underwriting Agreement”)
with EarlyBirdCapital, Inc. as representative (“EBC” or the “Representative”) of the several
underwriters (the “Underwriters”) named therein; and

 

WHEREAS, as described
in the Registration Statement, $270,000,000 of the gross proceeds of the Offering and sale of the Private Placement Warrants (as
defined in the Underwriting Agreement) (or $310,500,000 if the Underwriters’ over-allotment option is exercised in full)
will be delivered to the Trustee to be deposited and held in a segregated trust account located at all times in the United States
(the “Trust Account”) for the benefit of the Company and the holders
of the Common Stock included in the Units issued in the Offering as hereinafter provided (the amount to be delivered to the Trustee
(and any interest subsequently earned thereon) is referred to herein as the “Property,”
the stockholders for whose benefit the Trustee shall hold the Property will be referred to as the “Public
Stockholders,” and the Public Stockholders 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.

 

NOW THEREFORE, 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 at J.P. Morgan Chase Bank, N.A. 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 in United States government
securities within the meaning of Section 2(a)(16) of the Investment Company Act of 1940, as amended, having a maturity of
180 days or less, or in money market funds meeting the conditions of paragraph (d) of Rule 2a-7 promulgated under the Investment
Company Act of 1940, as amended, which invest only in direct U.S. government treasury obligations, as determined by the Company;
the Trustee may not invest in any other securities or assets, 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 book credits or
other consideration during such periods;

 

(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;

 

     

    	 

    

 

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

 

(f)           Supply any necessary information or documents as may be requested by the Company (or its authorized agents) in connection
with the Company’s preparation of the tax returns relating to assets held in the Trust Account;

 

(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 (x) receipt of, and only in accordance with, the
terms of a letter from the Company (“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
its Chief Executive Officer, President, Chief Financial Officer, Secretary or Chairman of the board of directors (the “Board”)
or other authorized officer of the Company, and, 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, including interest not previously released to the Company to pay its franchise and income taxes,
only as directed in the Termination Letter and the other documents referred to therein, or (y) expiration of such time period
provided for in the Company’s amended and restated certificate of incorporation, as the same may be amended from time to
time (the “Last Date”), if a Termination Letter has not been received by the Trustee prior to such date, in
which case the Trust Account, including interest not previously released to the Company to pay its franchise and income taxes,
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 shall be distributed to the Public Stockholders of record as of such date; provided, however,
that in the event the Trustee receives a Termination Letter in a form substantially similar to Exhibit B hereto, or if the
Trustee begins to liquidate the Property because it has received no such Termination Letter by the Last Date, the Trustee shall
keep the Trust Account open until twelve (12) months following the date the Property has been distributed to the Public Stockholders;

 

(j)           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 (a “Tax Payment Withdrawal Instruction”),
withdraw from the Trust Account and distribute to the Company the amount of interest earned on the Property requested by the Company
to cover any income or franchise tax obligation owed by the Company as a result of assets of the Company or interest or other income
earned on the Property, which amount shall be delivered directly to the Company by electronic funds transfer or other method of
prompt payment, and the Company shall forward such payment to the relevant taxing authority; provided, however, that
to the extent there is not sufficient cash in the Trust Account to pay such tax obligation, the Trustee shall liquidate such assets
held in the Trust Account as shall be designated by the Company in writing to make such distribution; provided, further,
that if the tax to be paid is a franchise tax, the written request by the Company to make such distribution shall be accompanied
by a copy of the franchise tax bill from the State of Delaware for the Company and a written statement from the principal financial
officer of the Company setting forth the actual amount payable. The written request of the Company referenced above shall constitute
presumptive evidence that the Company is entitled to said funds, and the Trustee shall have no responsibility to look beyond said
request;

 

(k)          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 D (a “Stockholder Redemption Withdrawal Instruction”), the Trustee shall distribute
on behalf of the Company the amount requested by the Company to be used to redeem shares of Common Stock from Public Stockholders
properly submitted in connection with a stockholder vote to approve an amendment to the Company’s amended and restated certificate
of incorporation that would affect the substance or timing of the Company’s obligation to redeem 100% of its public shares
of Common Stock if the Company has not consummated an initial Business Combination within such time as is described in the Company’s
amended and restated certificate of incorporation. The written request of the Company referenced above shall constitute presumptive
evidence that the Company is entitled to distribute said funds, and the Trustee shall have no responsibility to look beyond said
request; and

 

    2 

    	 

    

 

(l)           Not make any withdrawals or distributions from the Trust Account other than pursuant to Section 1(i), (j)
or (k) above.

 

2.            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 of the Board, President,
Chief Executive Officer or Chief Financial Officer. In addition, except with respect to its duties under Sections 1(i) and
1(j) hereof, 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 Section 4 hereof, hold the Trustee harmless and indemnify the Trustee from and against any and all
expenses, including reasonable counsel fees and disbursements, or losses suffered by the Trustee in connection with any action
taken by it hereunder and in connection with any 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 interest earned on the Property, except for expenses and losses resulting from the Trustee’s
gross negligence, fraud 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 Section 2(b),
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 such
consent shall not be unreasonably withheld. The Company may participate in such action with its own counsel;

 

(c)          Pay the Trustee the fees set forth on Schedule A hereto, including an initial acceptance fee, annual administration
fee, and transaction processing fee 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 it is distributed to the Company pursuant to Sections
1(i) through 1(j) hereof. The Company shall pay the Trustee the initial acceptance fee and the first monthly fee at
the consummation of the Offering. The Trustee shall refund to the Company the monthly fee (on a pro rata basis) with respect to
any period after the liquidation of the Trust Account. The Company shall not be responsible for any other fees or charges of the
Trustee except as set forth in this Section 2(c), Schedule A and as may be provided in Section 2(b)
hereof;

 

(d)          In connection with any vote of the Company’s stockholders regarding a merger, capital stock exchange, asset acquisition,
stock purchase, reorganization or similar business combination involving the Company and one or more businesses (the “Business
Combination”), provide to the Trustee an affidavit or certificate of the inspector of elections for the stockholder
meeting verifying the vote of such stockholders regarding such Business Combination;

 

(e)          Provide EBC with a copy of any Termination Letter(s) and/or any other correspondence that is sent to the Trustee with respect
to any proposed withdrawal from the Trust Account promptly after it issues the same; and

 

(f)           Instruct the Trustee to make only those distributions that are permitted under this Agreement, and refrain from instructing
the Trustee to make any distributions that are not permitted under this Agreement.

 

    3 

    	 

    

 

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

 

(a)          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;

 

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

 

(c)          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;

 

(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 Trustee’s best judgment, except for the Trustee’s gross negligence, fraud 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, which counsel may be the Company’s counsel), 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 the Trustee believes, in good faith and with reasonable
care, 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;

 

(g)          Verify the accuracy of the information contained in the Registration Statement;

 

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

 

(i)           File information returns with respect to the Trust Account with any local, state or federal taxing authority or provide
periodic written statements to the Company documenting the taxes payable by the Company, if any, relating to any interest income
earned on the Property;

 

(j)           Prepare, execute and file tax reports, income or other tax returns and pay any taxes with respect to any income generated
by, and activities relating to, the Trust Account, regardless of whether such tax is payable by the Trust Account or the Company,
including, but not limited to, franchise and income tax obligations, except pursuant to Section 1(j) hereof; or

 

(k)          Verify calculations, qualify or otherwise approve the Company’s written requests for distributions pursuant to Sections
1(i), 1(j) and 1(k) hereof.

 

4.            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 2(b) or Section 2(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.

 

    4 

    	 

    

 

5.            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, pending which the Trustee shall continue to act in accordance with this Agreement.
At such time that the Company notifies the Trustee that a successor trustee has been appointed 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 (90) 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

 

(b)          At such time that the Trustee has completed the liquidation of the Trust Account and its obligations in accordance with
the provisions of Section 1(i) hereof (which section may not be amended under any circumstances) and distributed the
Property in accordance with the provisions of the Termination Letter, this Agreement shall terminate except with respect to Section 2(b).

 

6.            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 confidential information, or of any change in its authorized personnel.
In executing funds transfers, the Trustee shall 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 funds.

 

(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(k) hereof (which sections may not be modified, amended or deleted without
the affirmative vote of a majority of the then outstanding shares of Common Stock; provided that no such amendment will affect
any Public Stockholder who has otherwise indicated his election to redeem his shares of Common Stock in connection with a stockholder
vote sought to amend this Agreement), this Agreement or any provision hereof may only be changed, amended or modified (other than
to correct a typographical error) by a writing signed by each of the parties hereto.

 

(d)          The parties hereto consent to the jurisdiction and venue of any state or federal court located in the City of New York,
State of New York, for purposes of resolving any disputes hereunder. AS TO ANY CLAIM, CROSS-CLAIM OR COUNTERCLAIM IN ANY WAY RELATING
TO THIS AGREEMENT, EACH PARTY WAIVES THE RIGHT TO TRIAL BY JURY.

 

(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:

 

    5 

    	 

    

 

	
if
to the Trustee, to:

         

        Continental Stock Transfer & Trust Company

        One State Street Plaza, 30th Floor

        New York, New York 10004

        Attn: Steven G. Nelson or Sharmin Carter

        Fax No.: (212) 509-5150

         

	
        if to the Company, to:

         

        Pensare Acquisition Corp.

        1720 Peachtree Street

        Suite 629

        Atlanta, GA 30309

        Attn: Darrell J. Mays

         

	
        in each case, with copies to:

         

        Greenberg Traurig, LLP

        MetLife Building

        

        200 Park Avenue

        

        New York, New York 10166

        Attn: Alan I. Annex, Esq.

        Fax No.: (212) 801-9200

         

	
        and

         

        EarlyBirdCapital, Inc.

        One Huntington Quadrangle, Suite 4C18

        Melville, New York 11747

        Attn.: Eileen Moore

         

	
        and

         

        Graubard Miller

        The Chrysler Building

        

        405 Lexington Avenue, 11th Floor

        New York, New York 10174

        Attn: David Alan Miller, Esq.

        Fax No.: (212) 818-8881

        

 

(f)           Each of the Company and the Trustee 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. The Trustee acknowledges and
agrees that it shall not make any claims or proceed against the Trust Account, including by way of set-off, and shall not be entitled
to any funds in the Trust Account under any circumstance.

 

(g)          Each of the Company and the Trustee hereby acknowledges and agrees that EBC on behalf of the Underwriters, is a third party
beneficiary of this Agreement.

 

(h)          Except as specified herein, no party to this Agreement may assign its rights or delegate its obligations hereunder to any
other person or entity.

 

[Signature Page Follows]

 

    6 

    	 

    

 

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:	/s/ Francis G. Wolf
	 	 	Name:  Francis G. Wolf
	 	 	Title:    Vice President
	 	 	 
	 	Pensare Acquisition Corp.
	 	 	 
	 	By:	/s/ Darrell J. Mays
	 	 	Name:  Darrell J. Mays
	 	 	Title:    Chief Executive Officer

 

[Signature Page to Investment Management
Trust Agreement]

 

     

    	 

    

  

SCHEDULE A

 

	Fee
    Item	 	Time
    and method of payment	 	Amount	 
	Initial
    set-up fee.	 	Initial
    closing of Offering by wire transfer.	 	$	2,000.00	 
	 	 	 	 	 	 	 
	Trustee
    administration fee	 	Payable
    annually.  First year fee payable, at initial closing of Offering by wire transfer, thereafter by wire transfer
    or check.	 	$	10,000.00	 
	 	 	 	 	 	 	 
	Transaction
    processing fee for disbursements to Company under Sections 1(i), 1(j) and 1(k)	 	Deduction
    by Trustee from accumulated income following disbursement made to Company under Section 1	 	$	250	 
	 	 	 	 	 	 	 
	Paying
    Agent services as required pursuant to Section 1(i)	 	Billed
    to Company upon delivery of service pursuant to Section 1(i)	 	Prevailing rates	 

 

     

    	 

    

  

EXHIBIT A

 

[Letterhead of Company]

 

[Insert date]

 

Continental Stock Transfer & Trust Company

One State Street Plaza, 30th Floor

New York, New York 10004

Attn: Steven G. Nelson or Sharmin Carter

 

		Re:	Trust Account No.        Termination Letter

 

Sir or Madam:

 

Pursuant to Section 1(i)
of the Investment Management Trust Agreement between Pensare Acquisition Corp. (the “Company”)
and Continental Stock Transfer & Trust Company (the “Trustee”),
dated as of _____, 2017 (the “Trust Agreement”), this is to advise
you that the Company has entered into an agreement with ___________ (the “Target Business”)
to consummate a business combination with Target Business (the “Business Combination”)
on or about ____________. The Company shall notify you at least forty-eight (48) hours in advance of the actual date of
the consummation of the Business Combination (the “Consummation Date”).
Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement.

 

In accordance with
the terms of the Trust Agreement, we hereby authorize you to commence to liquidate all of the assets of the Trust Account on ___________,
and to transfer the proceeds into the trust checking account at [JP Morgan 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 checking
account at [JP Morgan Chase Bank, N.A.] 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,
or will be consummated concurrently with your transfer of funds to the accounts as directed by the Company (the “Notification”);
(ii) the Company shall deliver to you (a) [an affidavit] [a certificate] of the Chief Executive Officer, which verifies
that the Business Combination has been approved by a vote of the Company’s stockholders, if a vote is held and (b) joint
written instruction signed by the Company and EarlyBirdCapital, Inc. with respect to the transfer of the funds held in the Trust
Account (the “Instruction Letter”). You are hereby directed and authorized
to transfer the funds held in the Trust Account immediately upon your receipt of the Notification 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 in writing of the same and the Company shall direct you as
to whether such funds should remain in the Trust Account and be distributed after the Consummation Date to the Company. Upon the
distribution of all the funds, net of any payments necessary for reasonable unreimbursed expenses related to liquidating the Trust
Account, your obligations under the Trust Agreement shall be terminated.

 

     

    	 

    

 

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 Section 1(c) of the Trust Agreement
on the business day immediately following the Consummation Date as set forth in the notice as soon thereafter as possible.

 

	 	Very truly yours,
	 	 
	 	Pensare Acquisition Corp.
	 	 	 
	 	By:	
	 	 	Name: 
	 	 	Title: 

 

AGREED TO AND ACKNOWLEDGED BY

 

EARLYBIRDCAPITAL, INC.

 

	By:	 	 

 

     

    	 

    

 

EXHIBIT B

 

[Letterhead of Company]

 

[Insert date]

 

Continental Stock Transfer & Trust Company

One State Street Plaza, 30th Floor

New York, New York 10004

Attn: Steven G. Nelson or Sharmin Carter

 

		Re:	Trust Account No.         Termination Letter

 

Sir or Madam:

 

Pursuant to Section 1(i)
of the Investment Management Trust Agreement between Pensare Acquisition Corp. (the “Company”)
and Continental Stock Transfer & Trust Company (the “Trustee”),
dated as of _____, 2017 (the “Trust Agreement”), this is to advise
you that the Company has been unable to effect a business combination with a Target Business (the “Business
Combination”) within the time frame specified in the Company’s Amended and Restated Certificate of Incorporation,
as described in the Company’s Prospectus relating to the Offering. Capitalized terms used but not defined herein 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 of the assets in the Trust Account on ____________,
20___ and to transfer the total proceeds into the trust checking account at [JP Morgan Chase Bank, N.A.] to await distribution
to the Public Stockholders. The Company has selected [_________]1
as the record date for the purpose of determining the Public Stockholders entitled to receive their share of the liquidation proceeds.
You agree to be the Paying Agent of record and, in your separate capacity as Paying Agent, agree to distribute said funds directly
to the Company’s Public Stockholders in accordance with the terms of the Trust Agreement and the Amended and Restated Certificate
of Incorporation of the Company. Upon the distribution of all the funds, net of any payments necessary for reasonable unreimbursed
expenses related to liquidating the Trust Account, your obligations under the Trust Agreement shall be terminated, except to the
extent otherwise provided in Section 1(j) of the Trust Agreement.

 

	 	Very truly yours,
	 	 
	 	Pensare Acquisition Corp.
	 	 	 
	 	By:	
	 	 	Name: 
	 	 	Title: 

 

cc: EarlyBirdCapital, Inc.

 

 

1 18
months from the closing of the Offering.

 

     

    	 

    

  

EXHIBIT C

 

[Letterhead of Company]

 

[Insert date]

 

Continental Stock Transfer & Trust Company

One State Street Plaza, 30th Floor

New York, New York 10004

Attn: Accounting Department: Sharmin Carter and Celeste Gonzalez

 

		Re:	Trust Account No.         Tax Payment Withdrawal Instruction

 

Ladies:

 

Pursuant to Section 1(j)
of the Investment Management Trust Agreement between Pensare Acquisition Corp. (the “Company”)
and Continental Stock Transfer & Trust Company (the “Trustee”),
dated as of _____, 2017 (the “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 but not defined herein shall have the meanings set forth in the Trust Agreement.

 

The Company needs such
funds to pay for the tax obligations as set forth on the attached tax return or tax statement. 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,
	 	 
	 	Pensare Acquisition Corp.
	 	 	 
	 	By:	
	 	 	Name: 
	 	 	Title: 

 

cc: EarlyBirdCapital, Inc.

 

     

    	 

    

  

EXHIBIT D

 

[Letterhead of Company]

 

[Insert date]

 

Continental Stock Transfer & Trust Company

One State Street Plaza, 30th Floor

New York, New York 10004

Attn: Steven G. Nelson or Sharmin Carter

 

		Re:	Trust Account No.         Stockholder Redemption Withdrawal
Instruction

 

Sir or Madam:

 

Pursuant to Section 1(k)
of the Investment Management Trust Agreement between Pensare Acquisition Corp. (the “Company”)
and Continental Stock Transfer & Trust Company (the “Trustee”),
dated as of _____, 2017 (the “Trust Agreement”), the Company hereby
requests that you deliver to the redeeming Public Stockholders of the Company $_______ of the principal and interest income earned
on the Property as of the date hereof. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust
Agreement.

 

The Company needs such
funds to pay its Public Stockholders who have properly elected to have their shares of Common Stock redeemed by the Company in
connection with a stockholder vote to approve an amendment to the Company’s amended and restated certificate of incorporation
that affects the substance or timing of the Company’s obligation to redeem 100% of its public shares of Common Stock if the
Company has not consummated an initial Business Combination within such time as is described in the Company’s amended and
restated certificate of incorporation. As such, you are hereby directed and authorized to transfer (via wire transfer) such funds
promptly upon your receipt of this letter to the redeeming Public Stockholders in accordance with your customary procedures.

 

	 	Very truly yours,
	 	 
	 	Pensare Acquisition Corp.
	 	 	 
	 	By:	
	 	 	Name: 
	 	 	Title: 

 

cc: EarlyBirdCapital, Inc.Exhibit 10.3

 

STOCK ESCROW
AGREEMENT

 

STOCK ESCROW AGREEMENT,
dated as of July 27, 2017 (the “Agreement”) by and among Pensare Acquisition Corp., a Delaware corporation
(the “Company”), Pensare Sponsor Group LLC, a Delaware limited liability company (the “Sponsor”),
MasTec, Inc., a Florida corporation, and the other parties hereto named on Exhibit A attached hereto (together with the Sponsor,
the “Initial Holders”), and Continental Stock Transfer & Trust Company (the “Escrow Agent”).

 

WHEREAS, the Company
has entered into an Underwriting Agreement, dated July 27, 2017 (the “Underwriting Agreement”), with EarlyBirdCapital,
Inc. (the “Representative”), acting as representative of the several underwriters (collectively, the “Underwriters”),
pursuant to which, among other matters, the Underwriters have agreed to purchase in a public offering (the “IPO”)
27,000,000 units (plus up to 4,050,000 units to cover over-allotments, if any) (the “Units”) of the Company’s
securities, each Unit consisting of one share of the Company’s common stock, par value $0.001 per share (the “Common
Stock”), one right to receive one-tenth (1/10) of one share of Common Stock upon the consummation of an initial business
combination, and one-half of one warrant (a “Warrant”), each whole Warrant entitling the holder to purchase
one share of Common Stock, all as more fully described in the Company’s Prospectus dated July 27, 2017 (“Prospectus”),
comprising part of the Company’s Registration Statements on Form S-1 (File Nos. 333-219162 and 333-219518) under the
Securities Act of 1933, as amended (the “Registration Statement”), declared effective on July 27, 2017 (the
“Effective Date”);

 

WHEREAS, the Initial
Holders have agreed, as a condition to the Underwriters’ obligation to purchase the Units pursuant to the Underwriting Agreement
and to offer them to the public, to deposit all of the number of shares of Common Stock as set forth opposite each Initial Holder’s
name on Exhibit A attached hereto, in the aggregate 7,762,500 shares, which includes all shares of Common Stock outstanding
prior to the date of the closing of the IPO (the “Closing Date”), up to 1,012,500 shares of which will be forfeited
if the Underwriters’ over-allotment option is not exercised in full (the “Founder Shares” or “Escrow
Shares”), in escrow with the Escrow Agent as hereinafter provided; and

 

WHEREAS, the Company
and the Initial Holders desire that the Escrow Agent accept the Escrow Shares, in escrow, to be held and disbursed as hereinafter
provided.

 

IT IS AGREED:

 

1.            Appointment of Escrow Agent. The Company and the Initial Holders hereby appoint the Escrow Agent to act in accordance
with and subject to the terms of this Agreement, and the Escrow Agent hereby accepts such appointment and agrees to act in accordance
with and subject to such terms.

 

2.            Deposit of Escrow Shares. On or before the Closing Date, the Initial Holders shall deliver to the Escrow Agent certificates
representing their respective Escrow Shares, in proper transfer order with Medallion guaranteed stock powers, to be held and disbursed
subject to the terms and conditions of this Agreement. The Initial Holders acknowledge and agree that the certificates representing
the Escrow Shares will bear a legend to reflect the deposit of such Escrow Shares under this Agreement.

 

3.            Disbursement of the Escrow Shares. The Escrow Agent shall hold the Escrow Shares until the termination of the Escrow
Period (as defined below). In the case of the Escrow Shares, the “Escrow Period” shall be the period beginning on the
date the certificates representing the Escrow Shares are deposited with the Escrow Agent and ending on the earliest of (x) the
first anniversary of the completion of the Company’s initial business combination (as such term is defined in the Registration
Statement), (y) such time subsequent to the Company’s initial business combination as the last sales price of the Company’s
Common Stock equals or exceeds $12.50 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations
and the like) for any 20 trading days within any 30-trading day period, and (z) the date on which the Company completes a liquidation,
merger, stock exchange or other similar transaction after the Company’s initial business combination that results in all
of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

 

     

     

    

 

On
the termination date of the Escrow Period, the Escrow Agent shall, upon written instructions from the Company, disburse the Escrow
Shares to the Initial Holders; provided, however, that if the Escrow Agent is notified by the Company, with written
notice to the Initial Holders, pursuant to Section 6.6 hereof that up to an aggregate of 937,500 of the Escrow Shares have
been forfeited because the Underwriters did not exercise their over-allotment option in full then the Escrow Agent shall promptly
destroy the certificates representing such Escrow Shares (or portion thereof, as applicable). In addition, notwithstanding anything
to the contrary contained herein, the Escrow Agent shall disburse the Escrow Shares to the Initial Holders upon being notified
by the Company that the trust account into which substantially all of the proceeds of the IPO has been deposited as described
in the Prospectus (the “Trust Account”) is being liquidated because the Company has been unable to consummate
its initial business combination within the required time frame. The Escrow Agent shall have no further duties hereunder after
the disbursement or destruction of the Escrow Shares in accordance with this Section 3.

 

4.            Rights of Initial Holders in Escrow Shares.

 

4.1          Voting Rights as a Stockholder. Subject to the terms of the Insider Letter described in Section 4.4 hereof
and except as herein provided, the Initial Holders shall retain all of their rights as stockholders of the Company during the Escrow
Period, including, without limitation, the right to vote the Escrow Shares.

 

4.2          Dividends
and Other Distributions in Respect of the Escrow Shares. During the Escrow Period, all dividends payable in cash with respect
to the Escrow Shares shall be paid to the Initial Holders, but all dividends payable in stock or other non-cash property with
respect to all of the Escrow Shares (“Non-Cash Dividends”) shall be delivered to the Escrow Agent to hold in
accordance with the terms hereof. As used herein, the term “Escrow Shares” shall be deemed to include the Non-Cash
Dividends distributed thereon, if any.

 

4.3          Restrictions on Transfer. During the applicable Escrow Period, no sale, transfer or other disposition may be made
of any or all of the Escrow Shares except (i) to the Company’s officers, directors, employees, consultants or their affiliates,
(ii) to an Initial Holder’s officers, directors, employees or members; (iii) to relatives and trusts of the Initial Holder
for estate planning purposes; (iv) by virtue of the laws of descent and distribution upon death of an Initial Holder; (v) pursuant
to a qualified domestic relations order; (vi) by private sales made at or prior to the consummation of a business combination at
prices no greater than the price at which the shares were originally purchased; (vii) in the case of MasTec, by it to its direct
or indirect wholly-owned subsidiaries; or (viii) to the Company for no value for cancellation in connection with the consummation
of a business combination; provided, however, that in the case of clauses (i) through (vii), except with the
Company’s prior written consent, these permitted transferees must enter into a written agreement agreeing to be bound by
these transfer restrictions. Even if transferred in accordance with this Section 4.3, the Escrow Shares will remain subject
to this Agreement and may be released from escrow only in accordance with Section 3 hereof. During the applicable Escrow
Period, the Sponsor shall not pledge or grant a security interest in the Escrow Shares or grant a security interest in its rights
under this Agreement. The Escrow Shares shall bear the legend provided on Exhibit B attached hereto.

 

4.4          Insider
Letters. Each Initial Holder has executed a letter agreement with the Representative and the Company, dated as of the Effective
Date, and which is filed as an exhibit to the Registration Statement (each an “Insider Letter”), which contains
certain rights and obligations of such Initial Holder with respect to the Company, including, but not limited to, certain voting
obligations in respect of the Escrow Shares.

 

5.            Concerning the Escrow Agent.

 

5.1          Good Faith Reliance. The Escrow Agent shall not be liable for any action taken or omitted by it in good faith and
in the exercise of its own best judgment, and 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 Escrow Agent, which counsel may be company counsel),
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 Escrow
Agent to be genuine and to be signed or presented by the proper person or persons. The Escrow Agent shall not be bound by any notice
or demand, or any waiver, modification, termination or rescission of this Agreement unless evidenced by a writing delivered to
the Escrow Agent signed by the proper party or parties and, if the duties or rights of the Escrow Agent are affected, unless it
shall have given its prior written consent thereto.

 

    2 

     

    

 

5.2          Indemnification.
The Escrow Agent shall be indemnified and held harmless by the Company from and against any expenses, including reasonable counsel
fees and disbursements, or loss suffered by the Escrow Agent in connection with any action taken by it hereunder, action, suit
or other proceeding involving any claim which in any way, directly or indirectly, arises out of or relates to this Agreement,
the services of the Escrow Agent hereunder, or the Escrow Shares held by it hereunder, other than expenses or losses arising from
the gross negligence, willful misconduct or bad faith of the Escrow Agent. Promptly after the receipt by the Escrow Agent of notice
of any demand or claim or the commencement of any action, suit or proceeding, the Escrow Agent shall notify the other parties
hereto in writing. In the event of the receipt of such notice, the Escrow Agent, in its sole discretion, may commence an action
in the nature of interpleader in an appropriate court to determine ownership or disposition of the Escrow Shares or it may deposit
the Escrow Shares with the clerk of any appropriate court or it may retain the Escrow Shares pending receipt of a final, non-appealable
order of a court having jurisdiction over all of the parties hereto directing to whom and under what circumstances the Escrow
Shares are to be disbursed and delivered. The provisions of this Section 5.2 shall survive in the event the Escrow Agent
resigns or is discharged pursuant to Sections 5.5 or 5.6 below.

 

5.3          Compensation. The Escrow Agent shall be entitled to reasonable compensation from the Company for all services rendered
by it hereunder, as set forth on Exhibit C hereto. The Escrow Agent shall also be entitled to reimbursement from the Company
for all reasonable expenses paid or incurred by it in the administration of its duties hereunder including, but not limited to,
all counsel, advisors’ and agents’ fees and disbursements and all taxes or other governmental charges.

 

5.4          Further Assurances. From time to time on and after the date hereof, the Company and the Initial Holders shall deliver
or cause to be delivered to the Escrow Agent such further documents and instruments and shall do or cause to be done such further
acts as the Escrow Agent shall reasonably request to carry out more effectively the provisions and purposes of this Agreement,
to evidence compliance herewith or to assure itself that it is protected in acting hereunder.

 

5.5          Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder
by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such
resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by
the Company and approved by the Representative, which approval will not be unreasonably withheld, conditioned or delayed, the Escrow
Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation,
the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate in the State of New York.

 

5.6          Discharge of Escrow Agent. The Escrow Agent shall resign and be discharged from its duties as escrow agent hereunder
if so requested in writing at any time by all of the other parties hereto, jointly, provided, however, that such
resignation shall become effective only upon acceptance of appointment by a successor escrow agent as provided in Section 5.5.

 

5.7          Liability. Notwithstanding anything herein to the contrary, the Escrow Agent shall not be relieved from liability
hereunder for its own gross negligence, fraud or willful misconduct.

 

6.            Miscellaneous.

 

6.1          Governing Law. This Agreement shall for all purposes be deemed to be made under and shall be construed in accordance
with the laws of the State of New York without reference to its principles of conflicts of law which would require the application
of the laws of another jurisdiction. Each of the parties hereby agrees that any action, proceeding or claim against it arising
out of or relating in any way to this Agreement shall be brought and enforced in the courts of the State of New York or the United
States District Court for the Southern District of New York, and irrevocably submits to such personal jurisdiction, which jurisdiction
shall be exclusive. Each of the parties hereby waives any objection to such exclusive jurisdiction and that such courts represent
an inconvenient forum.

 

    3 

     

    

 

6.2          Entire Agreement. This Agreement and the Insider Letters contain the entire agreement of the parties hereto with
respect to the subject matter hereof and, except as expressly provided herein, may not be changed or modified except by an instrument
in writing signed by the party to be charged. In connection with any proposed amendment, the Escrow Agent may request an opinion
of the Company’s counsel as to the validity of the proposed amendment as a condition to its execution of said amendment.

 

6.3          Headings. The headings contained in this Agreement are for reference purposes only and shall not affect in any way
the meaning or interpretation thereof.

 

6.4          Binding Effect. This Agreement shall be binding upon and inure to the benefit of the respective parties hereto and
their legal representative, successors and assigns.

 

6.5          Notices. Any notice or other communication required or which may be given hereunder shall be in writing and either
be delivered personally or by private national courier service, or be mailed, certified or registered mail, return receipt requested,
postage prepaid, and shall be deemed given when so delivered personally or by private national courier service, or, if mailed,
four business days after the date of mailing, in the case of the Initial Holders to the addresses listed on Exhibit A attached
hereto, and to the other parties as follows:

 

if to the Escrow Agent, to:

 

Continental Stock Transfer & Trust Company

One State Street Plaza, 30th Floor

New York, New York 10004

Attn: Steven G. Nelson or Sharmin Carter

Fax No.: (212) 509-5150

 

if to the Company, to:

 

Pensare Acquisition Corp.

1720 Peachtree Street

Suite 629

Atlanta, Georgia 30309

Attn: Darrell J. Mays

 

and a copy, which shall not constitute notice, to:

 

Greenberg Traurig, LLP

Metlife Building

200 Park Avenue,

New York, New York 10166

Attn: Alan Annex, Esq.

Fax No.: (212) 801-6400
  

if to the Initial Holders, to the addresses set forth
in Exhibit A hereto.

 

A copy of any notice sent hereunder shall be sent to:

 

EarlyBirdCapital, Inc.

One Huntington Quadrangle, Suite 4C18

Melville, New York 11747

Attn: Eileen Moore

 

    4 

     

    

 

with a copy, to:

 

Graubard Miller

The Chrysler Building

405 Lexington Avenue, 11th Floor

New York, New York 10174

Attn: David Alan Miller, Esq.

Fax No.: (212) 818-8881

 

The parties may change
the persons and addresses to which the notices or other communications are to be sent by giving written notice to any such change
in the manner provided herein for giving notice.

 

6.6          Liquidation of Company; Forfeiture. The Company shall give the Escrow Agent prompt written notification of (i) the
liquidation of the Trust Account or (ii) forfeiture of up to an aggregate of 937,500 Escrow Shares held by the Initial Holders
to the extent the Underwriters’ over-allotment option is not exercised in full, as further described in the Registration
Statement.

 

6.7          Trust
Account Waiver. Notwithstanding anything herein to the contrary, the Escrow Agent hereby waives any and all right, title,
interest, demand, damages, action, causes of action or claim of any kind whatsoever, known or unknown, foreseen or unforeseen,
in law or equity (a “Claim”) that it has or may have against the Company or in or to any distribution of the
Trust Account, and hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim against the Trust
Account for any reason whatsoever.

 

6.8          Third-Party Beneficiaries. Each Initial Holder hereby acknowledges that the Underwriters, including, without limitation,
the Representative, are third-party beneficiaries of this Agreement and this Agreement cannot be modified or changed without the
prior written consent of the Representative.

 

6.9          Counterparts. This Agreement may be executed in several counterparts each one of which shall constitute an original
and may be delivered by facsimile transmission and together shall constitute one instrument.

 

[Remainder of page intentionally
left blank]

 

    5 

     

    

 

IN WITNESS WHEREOF,
the Company has caused the execution of this Agreement as of the date first above written.

	 	 	 
	 	PENSARE ACQUISITION CORP.
	 	 	 
	 	By:	/s/ Darrell J. Mays
	 	 	Name:  Darrell J. Mays
	 	 	Title:  Chief Executive Officer
	 	 	 
	 	CONTINENTAL STOCK TRANSFER & TRUST COMPANY
	 	 
	 	By:	/s/ Henry Farrell
	 	 	Name: Henry Farrell
	 	 	Title: Vice President
	 	 	 
	 	PENSARE SPONSOR GROUP, LLC
	 	 
	 	By:	/s/ Darrell J. Mays
	 	 	Name:  Darrell J. Mays
	 	 	Title:  Managing Member
	 	 	 
	 	MASTEC, INC.
	 	 	 
	 	By:	/s/ Paul DiMarco
	 	 	Name: Paul DiMarco
	 	 	Title: Senior Vice President & Treasurer
	 	 	 
	 	/s/ Klaas Baks
	 	Name: Klaas Baks
	 	 	 
	 	/s/ Suzanne Shank
	 	Name: Suzanne Shank
	 	 	 
	 	/s/ Dennis Lockhart
	 	Name: Dennis Lockhart
	 	 
	 	/s/ U. Bertram Ellis, Jr.
	 	Name: U. Bertram Ellis, Jr.
	 	 
	 	/s/ Karl Krapek
	 	Name: Karl Krapek
	 	 
	 	/s/ Rayford Wilkins, Jr.
	 	Name: Rayford Wilkins, Jr.

 

[Signature Page to Securities Escrow
Agreement]

 

     

     

    

  

EXHIBIT A

 

LIST OF INITIAL HOLDERS

 

	Name	 	Founder Shares
	 	 	 
	
        Pensare Sponsor Group, LLC

        1720 Peachtree Street, Suite 629

        

        Atlanta, GA 30309 
	 	5,818,500 (up to 783,460 of which will be forfeited if the Underwriters’ over-allotment option is not exercised in full)
	 	 	 
	
        MasTec, Inc.

        800 S. Douglas Road, 12th Floor

        

        Coral Gables, Florida 33134

        

        Attn:       Chief Financial Officer

        

        General Counsel
	 	1,701,000 shares (up to 229,040 of which will be forfeited if the Underwriters’ over-allotment option is not exercised in full)
	 	 	 
	
        Klaas Baks

        

        1720 Peachtree Street, Suite 629

        

        Atlanta, GA 30309 
	 	27,000
	 	 	 
	
        Suzanne Shank

        

        1720 Peachtree Street, Suite 629

        

        Atlanta, GA 30309

        
	 	27,000
	 	 	 
	
        Dennis Lockhart

        

        1720 Peachtree Street, Suite 629

        

        Atlanta, GA 30309

        
	 	27,000
	 	 	 
	
        U. Bertram Ellis, Jr.

        

        1720 Peachtree Street, Suite 629

        

        Atlanta, GA 30309

        
	 	27,000
	 	 	 
	
        Karl Krapek

        

        1720 Peachtree Street, Suite 629

        

        Atlanta, GA 30309

        
	 	27,000
	 	 	 
	
        Rayford Wilkins, Jr.

        

        1720 Peachtree Street, Suite 629

        

        Atlanta, GA 30309

        
	 	108,000

 

     Exhibit A-1

     

    

  

EXHIBIT B

 

LEGEND

 

The following legend shall be included
on the certificates representing the Founder Shares:

 

“THE SECURITIES REPRESENTED HEREBY
HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS AND NEITHER THE SECURITIES
NOR ANY INTEREST THEREIN MAY BE OFFERED, SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION
STATEMENT UNDER SUCH ACT OR SUCH LAWS OR AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT AND SUCH LAWS WHICH, IN THE OPINION OF COUNSEL,
IS AVAILABLE.

 

THE SECURITIES REPRESENTED BY THIS CERTIFICATE
ARE SUBJECT TO THE TERMS OF A STOCK ESCROW AGREEMENT AND MAY NOT BE OFFERED, SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED DURING
THE TERM OF THE ESCROW AGREEMENT.”

 

     Exhibit B-1

     

    

  

EXHIBIT C

 

ESCROW AGENT FEES

 

$200 escrow agent fee per month to be billed
on the Closing Date.

 

     Exhibit C-1

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00273-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00273-of-00352.parquet"}]]