Document:

EXHIBIT 10.1

 

FORM
OF SHAREHOLDER SUPPORT AGREEMENT

 

THIS
SHAREHOLDER SUPPORT AGREEMENT (the “Shareholder Support Agreement”), dated as of [●],
2022, is entered into by and between The Flexi Group Limited, a business company with limited liability incorporated under the laws
of the British Virgin Islands (the “Company”), The Flexi Group Holdings Ltd, a business company
with limited liability incorporated under the laws of the British Virgin Islands and a direct wholly owned subsidiary of the Company
(“PubCo”), and each of the undersigned individuals, each of whom is a
shareholder of the Company (each, a “Holder”).

 

W I T N E S
S E T H:

 

WHEREAS,
concurrently with the execution of this Shareholder Support Agreement, TG Venture Acquisition Corp., a Delaware corporation, the Company,
PubCo, Flexi Merger Co. Ltd., a business company with limited liability incorporated under the laws of the British Virgin Islands
and a direct wholly owned subsidiary of PubCo, and Flexi Merger Co. LLC, a Delaware limited liability company and a direct wholly owned
subsidiary of PubCo, will enter into that certain Business Combination Agreement, dated as of the
date hereof (the “Business Combination Agreement” and the transactions contemplated thereby, the “Business
Combination”);

 

WHEREAS,
each Holder has agreed to vote each share Company stock they own (the “Flexi Shares”) in favor of the Business
Combination, subject to the terms and conditions specified herein;

 

NOW,
THEREFORE, in consideration of the premises and the mutual agreements herein contained,
and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree
as follows:

 

1.       Definitions.
Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Business Combination Agreement.

 

2.       Voting
Support. At any meeting of the Stockholders of the Company, however called (including any adjournment or postponement thereof), and
in any action by written resolution of the stockholders of the Company, each Holder hereby unconditionally and irrevocably agrees to (i)
if applicable, appear at each such meeting or otherwise cause all of its Flexi Shares to be counted as present thereat for purposes of
calculating a quorum, (ii) vote, and in any action by written resolution of the stockholders of the Company, provide written consent with
respect to, all of its Flexi Shares in favor of the Transaction Proposals, and (iii) vote, or cause to be voted, against or withhold written
consent, or cause written consent to be withheld, with respect to, as applicable, any other matter, action or proposal that would reasonably
be expected to result in (x) a material breach of any of the Company’s or its Affiliates’ covenants, agreements or obligations
under the Business Combination Agreement, as appliable or (y) any of the conditions to the Closing of the Company or its Affiliates set
forth in Section 9.1 or Section 9.2 of the Business Combination Agreement not being satisfied.

 

    1

     

    

 

3.       Holder
Representations and Warranties. Each Holder, severally and not jointly, hereby represents and warrants as of the date hereof that
(a) such Holder is the beneficial and record owner of the number of Flexi Shares set forth opposite such Holder’s name on Exhibit A hereto,
(b) has all requisite power and authority to execute and deliver this Shareholder Support Agreement and to consummate the transactions
contemplated hereby and to perform all of such Holder’s obligations hereunder, and (c) this Shareholder Support Agreement has
been duly and validly executed and delivered by such Holder and, assuming this Shareholder Support Agreement has been duly authorized,
executed and delivered by the other parties hereto, this Shareholder Support Agreement constitutes, and upon its execution will constitute,
a legal, valid and binding obligation of Such Holder enforceable against it in accordance with its terms.

 

4.       Appraisal
Rights Waiver. Each Holder hereby irrevocably and unconditionally waives, and agrees to cause to be waived, any rights to seek appraisal,
rights of dissent or any similar rights in connection with the Business Combination Agreement, the Business Combination and the transactions
contemplated thereby, including under Section 179 of the BVI Act, that such Holder may have with respect to the Shareholder Shares owned
beneficially or of record by such Holder.

 

5.       Termination
of Shareholders Agreement. Subject to and conditioned upon the Closing, each Holder hereby agrees that each of the following to which
such Holder is a party shall terminate (provided that all Terminating Rights (as defined below) between the Company or any of its Subsidiaries
and any other holder of Company Shares shall also terminate at such time), effective immediately prior to the Closing: (i) the Amended
and Restated Shareholders’ Agreement Relating to the Hive Worldwide Limited, dated as of June 1, 2022; (ii) any subscription or
other purchase agreements relating to Company Shares; and (iii) if applicable to any Holder, any rights under any agreement providing
for redemption rights, put rights, purchase rights or other similar rights not generally available to shareholders of the Company (the
“Terminating Rights”) between Holder and the Company, but excluding, for the avoidance of doubt, any rights
such Holder may have that relate to any non-disclosure agreements, employment agreements, offer letters, consulting agreements, indemnification
agreements, invention assignment agreements or any other agreements providing the Company rights in intellectual property by and between
such Holder and the Company or any Subsidiary, which shall survive in accordance with their terms.

 

6.       Entire
Agreement. This Shareholder Support Agreement constitutes the entire agreement and understanding of the parties hereto in respect
of the subject matter hereof and supersedes all prior understandings, agreements, or representations by or among the parties hereto, written
or oral, to the extent they relate in any way to the subject matter hereof or the transactions contemplated hereby. This Shareholder Support
Agreement may not be changed, amended, modified or waived (other than to correct a typographical error) as to any particular provision,
except by a written instrument executed by all parties hereto (including, as to any change, amendment or waiver sought prior to the SPAC
Merger Effective Time, the Company).

 

7.       Successors
and Assigns. No party hereto may assign this Shareholder Support Agreement or any of its rights, interests, or obligations hereunder
without the prior written consent of the other parties (including, with respect to any assignment prior to the SPAC Merger Effective Time,
the Company). 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 Shareholder Support Agreement shall be binding on the Holder, their successors,
heirs, and assigns, and permitted transferees; provided, that any such permitted transferees execute a joinder to this Shareholder Support
Agreement in the form reasonably acceptable to the Company.

 

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8.       Third-Party
Beneficiaries. Nothing in this Shareholder Support Agreement shall be construed to confer upon, or give to, any person or corporation
other than the parties hereto any right, remedy or claim under or by reason of this Shareholder Support Agreement or of any covenant,
condition, stipulation, promise or agreement hereof. All covenants, conditions, stipulations, promises, and agreements contained in this
Shareholder Support Agreement shall be for the sole and exclusive benefit of the parties hereto and their successors, heirs, personal
representatives and assigns and permitted transferees.

 

9.       Counterparts.
This Shareholder Support Agreement may be executed in any number of original or facsimile counterparts and each of such counterparts shall
for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.

 

10.       Notices.
Any notice, consent, or request to be given in connection with any of the terms or provisions of this Shareholder Support Agreement shall
be in writing and shall be sent by express mail or similar private courier service, by hand delivery, or e-mail.

 

11.       Termination.
This Shareholder Support Agreement shall automatically terminate, and have no further force and effect upon the termination of the Business
Combination Agreement in accordance with its terms prior to the Company Merger Effective Time.

 

12.       Specific
Performance. The parties hereto agree that irreparable damage may occur in the event that any of the provisions of this Shareholder
Support Agreement were not performed in accordance with their specific terms or were otherwise breached. It is accordingly agreed that
the parties hereto shall be entitled to seek an injunction or injunctions to prevent breaches of this Shareholder Support Agreement and
to enforce specifically the terms and provisions of this Shareholder Support Agreement, this being in addition to any other remedy to
which such party is entitled at law or in equity.

 

13.       Amendment.
This Shareholder Support Agreement may not be amended, changed, supplemented, waived or otherwise modified or terminated, except upon
the execution and delivery of a written agreement executed by each of the parties hereto (including, as to any amendment, change, supplement,
waiver, modification or termination sought to be effected prior to the SPAC Merger Effective Time, the Company).

 

14.       Severability.
This Shareholder Support Agreement shall be deemed severable, and the invalidity or unenforceability of any term or provision hereof shall
not affect the validity or enforceability of this Shareholder Support Agreement or of any other term or provision hereof. Furthermore,
in lieu of any such invalid or unenforceable term or provision, the parties hereto intend that there shall be added as a part of this
Shareholder Support Agreement a provision as similar in terms to such invalid or unenforceable provision as may be possible and be valid
and enforceable.

 

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15.       Governing
Law. This Shareholder Support Agreement, the rights of the parties hereunder, and all Actions arising in whole or in part under or
in connection herewith, shall be governed by and construed in accordance with the internal Laws of the State of Delaware, without giving
effect to any choice of law or conflict of law provision or rule (whether of the State of Delaware or any other jurisdiction) that would
cause the application of the Law of any jurisdiction other than the State of Delaware. The parties hereto expressly incorporate by reference
Section 11.7 and Section 11.14 (Governing Law; Jurisdiction; Waiver of Jury Trial) of the Business Combination Agreement to apply
to this Agreement mutatis mutandis, with references to the Business Combination Agreement therein deemed to reference this
Agreement and references to the “Parties” thereunder deemed to reference the parties hereto.

  

[signature page
follows]

 

    4

     

    

 

IN WITNESS WHEREOF, each
of the parties has caused this Shareholder Support Agreement to be duly executed on its behalf as of the day and year first above written.  

	 	 	
	 	PUBCO:
	 	 
	 	The Flexi Group
    Holdings Ltd

 

	 	By:	 
	 	 	Name:
Chris Edwards
	 	 	Title:
Chief Executive Officer

    

	 	COMPANY:
	 	 
	 	The Flexi Group
Limited  
	 	 	 
	 	By:	 
	 	 	Name:
Chris Edwards
	 	

                              
	Title:
Chief Executive Officer

  

[Signature
Page to Shareholder Support Agreement]

 

    

     

    

 

IN WITNESS WHEREOF, each
of the parties has caused this Shareholder Support Agreement to be duly executed on its behalf as of the day and year first above written.

 

	HOLDER:
	 
	Name
of Holder:	 

 

	By:	 
	Name:
	Title:

 

	Number
and Type of Securities:
	 
	[Company Ordinary Shares:]	 

 

	Address for Notice:
	 
	Address:	 	 
	 	 	 
	 	 
	 	 
	 	 
	 	 
	Telephone No.:	 	 
	 	 	 
	Email:	 	 

  

[Signature
Page to Shareholder Support Agreement]EXHIBIT 10.2

 

FORM OF
SPONSOR SUPPORT AGREEMENT

 

THIS
SPONSOR SUPPORT AGREEMENT (the “Sponsor Support Agreement”), dated as of [●],
2022, is entered into by and between Tsangs Group Holdings Limited, a Hong Kong company (“Sponsor”), TG
Venture Acquisition Corp., a Delaware corporation (“SPAC”), each of the undersigned individuals, each of
whom is a member of SPAC’s board of directors and/or management team (each, a “Holder”), The Flexi
Group Limited, a business company with limited liability incorporated under the laws of the British Virgin Islands (the
“Company”), and The Flexi Group Holdings Ltd, a business company with limited liability
incorporated under the laws of the British Virgin Islands and a direct wholly owned subsidiary of the Company
(“PubCo”).

 

W I T N E S
S E T H:

 

WHEREAS,
concurrently with the execution of this Sponsor Support Agreement, SPAC, the Company, PubCo, The Flexi Merger Co. Ltd, a business
company with limited liability incorporated under the laws of the British Virgin Islands and a direct wholly owned subsidiary of PubCo,
and The Flexi Merger Co. LLC, a Delaware limited liability company and a direct wholly owned subsidiary of PubCo,
will enter into that certain Business Combination Agreement, dated as of the date hereof (the “Business Combination Agreement”
and the transactions contemplated thereby, the “Business Combination”);

 

WHEREAS,
Sponsor and each Holder has agreed to vote each share of SPAC Class B Common Stock (the “Founder Shares”)
and any shares of SPAC Class A Common Stock shares owned by them in favor of the Business Combination, subject to the terms and conditions
specified herein;

 

NOW,
THEREFORE, in consideration of the premises and the mutual agreements herein contained,
and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree
as follows:

 

1.       Definitions.
Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Business Combination Agreement.

 

2.       Voting
Support. At any meeting of the Stockholders of SPAC, however called (including any adjournment or postponement thereof), and in any
action by written resolution of the stockholders of SPAC, the Sponsor and each Holder hereby unconditionally and irrevocably agrees to
(i) if applicable, appear at each such meeting or otherwise cause all of its Founder Shares and any shares of SPAC Class A Common Stock
acquired prior to such meeting or action by written resolution, to be counted as present thereat for purposes of calculating a quorum,
(ii) vote, and in any action by written resolution of the stockholders of SPAC, provide written consent with respect to, all of its Founder
Shares in favor of the Transaction Proposals, and (iii) vote, or cause to be voted, against or withhold written consent, or cause written
consent to be withheld, with respect to, as applicable, any other matter, action or proposal that would reasonably be expected to result
in (x) a material breach of any of SPAC’s or its Affiliates’ covenants, agreements or obligations under the Business Combination
Agreement, as appliable or (y) any of the conditions to the Closing of SPAC or its Affiliates set forth in Section 9.1 or Section
9.3 of the Business Combination Agreement not being satisfied.

 

    1

     

    

 

3.       Sponsor
Representations and Warranties. Sponsor hereby represents and warrants as of the date hereof that (a) Sponsor (i) is the
beneficial and record owner of the Founder Shares set forth opposite its name on Exhibit A hereto, (ii) is
duly organized, validly existing and in good standing under the laws of Hong Kong, (iii) has all requisite power and authority to
execute and deliver this Sponsor Support Agreement and to consummate the transactions contemplated hereby and to perform all of its obligations
hereunder, (b) the execution and delivery of this Sponsor Support Agreement has been, and the consummation of the transactions contemplated
hereby have been, duly authorized by all requisite action by Sponsor, and (c) this Sponsor Support Agreement has been duly and validly
executed and delivered by Sponsor and, assuming this Sponsor Support Agreement has been duly authorized, executed and delivered by the
other parties hereto, this Sponsor Support Agreement constitutes, and upon its execution will constitute, a legal, valid and binding obligation
of Sponsor enforceable against it in accordance with its terms.

 

4.       Holder
Representations and Warranties. Each Holder, severally and not jointly, hereby represents and warrants as of the date hereof that
(a) such Holder is the beneficial and record owner of the number of Founder Shares set forth opposite such Holder’s name on Exhibit A hereto,
(b) has all requisite power and authority to execute and deliver this Sponsor Support Agreement and to consummate the transactions
contemplated hereby and to perform all of such Holder’s obligations hereunder, and (c) this Sponsor Support Agreement has been
duly and validly executed and delivered by such Holder and, assuming this Sponsor Support Agreement has been duly authorized, executed
and delivered by the other parties hereto, this Sponsor Support Agreement constitutes, and upon its execution will constitute, a legal,
valid and binding obligation of Such Holder enforceable against it in accordance with its terms.

 

5.       Entire
Agreement. This Sponsor Support Agreement constitutes the entire agreement and understanding of the parties hereto in respect of the
subject matter hereof and supersedes all prior understandings, agreements, or representations by or among the parties hereto, written
or oral, to the extent they relate in any way to the subject matter hereof or the transactions contemplated hereby. This Sponsor Support
Agreement may not be changed, amended, modified or waived (other than to correct a typographical error) as to any particular provision,
except by a written instrument executed by all parties hereto (including, as to any change, amendment or waiver sought prior to the SPAC
Merger Effective Time, the Company).

 

6.       Successors
and Assigns. No party hereto may assign this Sponsor Support Agreement or any of its rights,
interests, or obligations hereunder without the prior written consent of the other parties (including, with respect to any assignment
prior to the SPAC Merger Effective Time, the Company). 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 Sponsor Support Agreement shall be binding
on the Sponsor its successors, heirs and assigns and permitted transferees; provided, that any such permitted transferees execute a joinder
to this Sponsor Support Agreement in the form reasonably acceptable to SPAC.

 

7.       Third-Party
Beneficiaries. Nothing in this Sponsor Support Agreement shall be construed to confer upon, or give to, any person or corporation
other than the parties hereto any right, remedy or claim under or by reason of this Sponsor Support Agreement or of any covenant, condition,
stipulation, promise or agreement hereof. All covenants, conditions, stipulations, promises and agreements contained in this Sponsor Support
Agreement shall be for the sole and exclusive benefit of the parties hereto and their successors, heirs, personal representatives and
assigns and permitted transferees.

 

8.       Counterparts.
This Sponsor Support Agreement may be executed in any number of original or facsimile counterparts and each of such counterparts shall
for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.

 

9.       Notices.
Any notice, consent or request to be given in connection with any of the terms or provisions of this Sponsor Support Agreement shall be
in writing and shall be sent by express mail or similar private courier service, by hand delivery or e-mail.

    2

     

    

 

 

10.       Termination.
This Sponsor Support Agreement shall automatically terminate, and have no further force and effect upon the termination of the Business
Combination Agreement in accordance with its terms prior to the SPAC Merger Effective Time.

 

11.       Specific
Performance. The parties hereto agree that irreparable damage may occur in the event that any of the provisions of this Sponsor Support
Agreement were not performed in accordance with their specific terms or were otherwise breached. It is accordingly agreed that the parties
hereto shall be entitled to seek an injunction or injunctions to prevent breaches of this Sponsor Support Agreement and to enforce specifically
the terms and provisions of this Sponsor Support Agreement, this being in addition to any other remedy to which such party is entitled
at law or in equity.

 

12.       Amendment.
This Sponsor Support Agreement may not be amended, changed, supplemented, waived or otherwise modified or terminated, except upon the
execution and delivery of a written agreement executed by each of the parties hereto (including, as to any amendment, change, supplement,
waiver, modification or termination sought to be effected prior to the SPAC Merger Effective Time, the Company).

 

13.       Severability.
This Sponsor Support Agreement shall be deemed severable, and the invalidity or unenforceability of any term or provision hereof shall
not affect the validity or enforceability of this Sponsor Support Agreement or of any other term or provision hereof. Furthermore, in
lieu of any such invalid or unenforceable term or provision, the parties hereto intend that there shall be added as a part of this Sponsor
Support Agreement a provision as similar in terms to such invalid or unenforceable provision as may be possible and be valid and enforceable.

 

14.       Governing
Law. This Sponsor Support Agreement, the rights of the parties hereunder, and all Actions arising in whole or in part under or in
connection herewith, shall be governed by and construed in accordance with the internal Laws of the State of Delaware, without giving
effect to any choice of law or conflict of law provision or rule (whether of the State of Delaware or any other jurisdiction) that would
cause the application of the Law of any jurisdiction other than the State of Delaware. The parties hereto expressly incorporate by reference
Section 11.7 and Section 11.14 (Governing Law; Jurisdiction; Waiver of Jury Trial) of the Business Combination Agreement to apply
to this Agreement mutatis mutandis, with references to the Business Combination Agreement therein deemed to reference this
Agreement and references to the “Parties” thereunder deemed to reference the parties hereto.

  

[signature page
follows]

 

    3

     

    

 

IN WITNESS WHEREOF, each
of the parties has caused this Sponsor Support Agreement to be duly executed on its behalf as of the day and year first above written.

 

	 	SPAC:
	 	 
	 	TG Venture Acquisition Corp.
	 	 
	 	By:	 
	 	 	Name: Patrick Tsang
	 	 	Title: Chief Executive Officer

 

	 	SPONSOR:
	 	 
	 	Tsangs Group Holdings Limited
	 	 
	 	By:	 
	 	 	Name: Patrick Tsang
	 	 	Title: Managing Member

 

[Signature
Page to Sponsor Support Agreement]

 

    

     

    

 

 

IN WITNESS WHEREOF, each
of the parties has caused this Sponsor Support Agreement to be duly executed on its behalf as of the day and year first above written.

  

	 	PUBCO:
	 	 
	 	The
Flexi Group Holdings Ltd
	 	 
	 	By:	 
	 	 	Name:
Chris Edwards
	 	 	Title:
Chief Executive Officer

  

	 	Company:
	 	 
	 	The
Flexi Group Limited 
	 	 	 
	 	By:	 
	 	 	Name:
Chris Edwards
	 	 	Title:
Chief Executive Officer

  

[Signature
Page to Sponsor Support Agreement]

 

    

     

    

 

IN
WITNESS WHEREOF, each of the parties has caused this Sponsor Support Agreement to be duly executed on its behalf as of the day and
year first above written.

 

	 	HOLDERS:
	 	 
	 	Dragon Active Limited
	 	 
	 	By:	 
	 	 	Name: Kelvin Liu
	 	 	Title: Managing Member

 

	 	ThinkEquity, LLC
	 	 
	 	By:	 
	 	 	Name: Eric Lord
	 	 	Title: Head of Investment Banking

 

	 	TriPoint Capital Management, LLC
	 	 
	 	By:	 
	 	 	Name: Michael Boswell
	 	 	Title: Managing Director

 

	 	HFI Limited
	 	 
	 	By:	 
	 	 	Name: Simon Powell
	 	 	Title: Managing Director

 

[Signature
Page to Sponsor Support Agreement]

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