Document:

Exhibit 10.2

 

COMPANY SUPPORT AGREEMENT

 

This COMPANY SUPPORT AGREEMENT, dated as of July
7, 2022 (this “Agreement”), by and among KINGSWOOD ACQUISITION CORP., a Delaware corporation (“KWAC”),
WENTWORTH MANAGEMENT SERVICES, LLC, a Delaware limited liability company (the “Company”), and MHC SECURITIES LLC (the
 “Company Member”).

 

WHEREAS, KWAC, the Company,
Binah Capital Group, Inc., a Delaware corporation (“Holdings”), Wentworth Merger Sub LLC, a Delaware limited liability
company (“Wentworth Merger Sub”), and Kingswood Merger Sub Inc., a Delaware corporation (“Kingswood Merger
Sub”), propose to enter into, simultaneously herewith, an agreement and plan of merger (the “Merger Agreement”;
terms used but not defined in this Agreement shall have the meanings ascribed to them in the Merger Agreement), a copy of which has been
made available to the Company Member, which provides, among other things, that, upon the terms and subject to the conditions thereof,
Kingswood Merger Sub will be merged with and into KWAC (the “Kingswood Merger”), with KWAC surviving the Kingswood
Merger as a wholly owned subsidiary of Holdings and Wentworth Merger Sub will be merged with and into the Company (the “Wentworth
Merger”), with the Company surviving the Wentworth Merger as wholly-owned subsidiary of Holdings;

 

WHEREAS, as a result of the
Kingswood Merger and Wentworth Merger, KWAC and the Company will become wholly-owned subsidiaries of Holdings, and Holdings will become
a publicly traded company listed on a National Exchange;

 

WHEREAS, as of the date hereof,
the Company Member owns of record the number of Company Class A Units as set forth opposite the Company Member’s name on Exhibit
A hereto (all such Company Class A Units and any Company Class A Units of which ownership of record or the power to vote is hereafter
acquired by the Company Member prior to the termination of this Agreement being referred to herein as the “Units”).

 

NOW, THEREFORE, in consideration
of the foregoing and of the mutual covenants and agreements contained herein, and intending to be legally bound hereby, the Company Member,
KWAC and the Company hereby agrees as follows:

 

		1.	Agreement to Vote. The Company Member, by this Agreement, with respect to its Units, severally
and not jointly, hereby agrees to execute such documents or certificates evidencing such agreement as KWAC may reasonably request in connection
therewith, to vote at any meeting of the members of the Company, and in any action by written consent of the members of the Company, all
Company Member’s Units (a) in favor of the approval and adoption of the Merger Agreement, the transactions contemplated by the Merger
Agreement and this Agreement, (b) in favor of any other matter reasonably necessary to the consummation of the transactions contemplated
by the Merger Agreement and considered and voted upon by the members of the Company, (c) against any action, agreement or transaction
(other than the Merger Agreement or the transactions contemplated thereby) or proposal that would result in a breach of any covenant,
representation or warranty or any other obligation or agreement of the Company under the Merger Agreement or that would reasonably be
foreseeable to result in the failure of the transactions contemplated by the Merger Agreement from being consummated. The Company Member
acknowledges receipt and review of a copy of the Merger Agreement.

 

     

     

    

 

		2.	Transfer of Units. The Company Member, agrees that it shall not, directly or indirectly, (a) sell,
assign, transfer (including by operation of law), dispose of any of the Units or otherwise agrees to do any of the foregoing (unless the
transferee or any lender to whom the Units are pledged agrees to be bound by this Agreement), (b) deposit any Units into a voting trust
or enter into a voting agreement or arrangement or grant any proxy or power of attorney with respect thereto that is inconsistent with
this Agreement, (c) enter into any contract, option or other arrangement or undertaking with respect to the direct or indirect acquisition
or sale, assignment, transfer (including by operation of law) or other disposition of any Units (unless the transferee agrees to be bound
by this Agreement), or (d) take any action that would have the effect of preventing or disabling the Company Member from performing its
obligations hereunder or any action reasonably likely to impair or impede the Closing under the Merger Agreement, or cause the failure
of the conditions set forth in Article VIII thereof.

 

		3.	Representations and Warranties. The Company Member, represents and warrants for and on behalf of
itself to KWAC as follows:

 

		(a)	the execution, delivery and performance by the Company Member of this Agreement and the consummation by
the Company Member of the transactions contemplated hereby do not and will not (i) conflict with or violate any Law or Order applicable
to the Company Member, (ii) require any consent, approval or authorization of, declaration, filing or registration with, or notice to,
any person or entity, (iii) conflict with or result in a breach of or constitute a default under any provision of the Company Member’s
organizational documents.

 

		(b)	that the Company Member has the power, authority, and capacity to execute, deliver and perform this Agreement
and that this Agreement has been duly authorized, executed and delivered by the Company Member.

 

		(c)	except as disclosed on schedule 3.21 of the Merger Agreement, the Company Member is not a party to any
outstanding loans, advances, pledge agreements, or other extensions of credit made by Company Member to any third party or affiliate of
Company Member or the Company.

 

		4.	Termination. This Agreement and the obligations of the Company Member under this Agreement shall
automatically terminate upon the earliest of (a) the Effective Time; (b) the termination of the Merger Agreement in accordance with its
terms; and (c) the mutual agreement of KWAC and the Company. Upon termination or expiration of this Agreement, no party shall have any
further obligations or liabilities under this Agreement; provided, however, such termination or expiration shall not relieve
any party from liability for any willful breach of this Agreement occurring prior to its termination.

 

 

		5.	Miscellaneous.

 

		(a)	Except as otherwise provided herein or in the Merger Agreement, all costs and expenses incurred in connection
with this Agreement and the transactions contemplated hereby shall be paid by the party incurring such costs and expenses, whether or
not the transactions contemplated hereby are consummated.

 

     

     

    

 

		(b)	All notices, requests, claims, demands and other communications hereunder shall be in writing and shall
be given (and shall be deemed to have been duly given upon receipt) by delivery in person, by telecopy or e-mail or by registered or certified
mail (postage prepaid, return receipt requested) to the respective parties at the following addresses (or at such other address for a
party as shall be specified in a notice given in accordance with this Section 5(b)):

 

If to Holdings or KWAC, to it at:

 

Kingswood Acquisition Corp.

17 Battery Place, Room 625

New York, NY 10004

Attention: Michael Nessim

Email: mnessim@kingswoodus.com

 

with a copy to:

 

Shearman & Sterling, LLP

401 9th Street, NW, Suite 800

Washington, DC 20004-2128

Attention: Christopher M. Zochowski; Bradley Noojin

E-mail: chris.zochowski@shearman.com and brad.noojin@shearman.com

 

If to the Company Member,
to the address set forth for Company Member on the signature page hereof.

 

		(c)	If any term or other provision of this Agreement is invalid, illegal, or incapable of being enforced by
any rule of law, or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect
so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to
any party. Upon such determination that any term or other provision is invalid, illegal, or incapable of being enforced, the parties hereto
shall negotiate in good faith to modify this Agreement so as to affect the original intent of the parties as closely as possible in a
mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the fullest
extent possible.

 

		(d)	This Agreement and the Merger Agreement constitute the entire agreement among the parties with respect
to the subject matter hereof and supersede all prior agreements and undertakings, both written and oral, among the parties, or any of
them, with respect to the subject matter hereof. This Agreement shall not be assigned (whether pursuant to a merger, by operation of law
or otherwise).

 

		(e)	This Agreement shall be binding upon and inure solely to the benefit of each party hereto, and nothing
in this Agreement, express or implied, is intended to or shall confer upon any other person any right, benefit or remedy of any nature
whatsoever under or by reason of this Agreement.

 

     

     

    

 

		(f)	The parties hereto agree that irreparable damage may occur in the event any provision of this Agreement
was not performed in accordance with the terms hereof and that the parties shall be entitled to specific performance of the terms hereof,
in addition to any other remedy at law or in equity. Each of the parties agrees that it shall not oppose the granting of an injunction,
specific performance, and other equitable relief when expressly available pursuant to the terms of this Agreement on the basis that the
other parties have an adequate remedy at law or an award of specific performance is not an appropriate remedy for any reason at law or
equity. Any party seeking an injunction or injunctions to prevent breaches or threatened breaches of, or to enforce compliance with this
Agreement when expressly available pursuant to the terms of this Agreement shall not be required to provide any bond or other security
in connection with any such Order.

 

		(g)	This Agreement shall be governed by, and construed in accordance with, the Laws of the State of New York
applicable to contracts executed in and to be performed in that State without giving effect to principles or rules of conflict of laws
to the extent such principles or rules would require or permit the application of Laws of another jurisdiction. All actions, suits, or
proceedings (collectively, “Action”). All Actions arising out of or relating to this Agreement shall be heard and determined
exclusively in any federal or state court having jurisdiction within the State of New York. The parties hereto hereby (i) submit to the
to the exclusive jurisdiction of federal or state courts within the State of New York for the purpose of any Action arising out of or
relating to this Agreement brought by any party hereto, and (ii) irrevocably waive, and agree not to assert by way of motion, defense,
or otherwise, in any such Action, any claim that it is not subject personally to the jurisdiction of the above-named courts, that its
property is exempt or immune from attachment or execution, that the Action is brought in an inconvenient forum, that the venue of the
Action is improper, or that this Agreement or the transactions contemplated hereunder may not be enforced in or by any of the above-named
courts.

 

		(h)	This Agreement may be executed and delivered (including by facsimile or portable document format (pdf)
transmission) in one or more counterparts, and by the different parties hereto in separate counterparts, each of which when executed shall
be deemed to be an original but all of which taken together shall constitute one and the same agreement.

 

		(i)	Without further consideration, each party shall use commercially reasonable efforts to execute and deliver
or cause to be executed and delivered such additional documents and instruments and take all such further action as may be reasonably
necessary or desirable to consummate the transactions contemplated by this Agreement.

 

     

     

    

 

		(j)	This Agreement shall not be effective or binding upon the Company Member until such time as the Merger
Agreement is executed by each of the parties thereto.

 

		(k)	If, and as often as, there are any changes in the Company or the Company Member’s Units by way of
equity split, dividend, combination or reclassification, or through merger, consolidation, reorganization, recapitalization or business
combination, or by any other means, equitable adjustment shall be made to the provisions of this Agreement as may be required so that
the rights, privileges, duties and obligations hereunder shall continue with respect to the Company Member and its Units as so changed.

 

		(l)	Each of the parties hereto hereby waives to the fullest extent permitted by applicable law any right it
may have to a trial by jury with respect to any litigation directly or indirectly arising out of, under or in connection with this Agreement.
Each of the parties hereto (i) certifies that no representative, agent or attorney of any other party has represented, expressly or otherwise,
that such other party would not, in the event of litigation, seek to enforce that foregoing waiver and (ii) acknowledges that it and the
other parties hereto have been induced to enter into this Agreement and the transactions contemplated hereby, as applicable, by, among
other things, the mutual waivers and certifications in this Paragraph (l).

 

[Signature pages follow]

 

     

     

    

 

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

 

	 	KINGSWOOD ACQUISITION CORP.
	 	 
	 	By: 	/s/ Michael Nessim
	 	Name: Michael Nessim 
	 	Title: Chief Executive Officer

 

     

     

    

 

	 	WENTWORTH MANAGEMENT SERVICES LLC
	 	 
	 	By: 	/s/ Craig Gould
	 	Name: Craig Gould
	 	Title: President

 

     

     

    

 

	 	COMPANY MEMBER:
	 	 
	 	MHC SECURITIES LLC
	 	 
	 	By: 	/s/ Alexander C. Markowits
	 	Name: Alexander C. Markowits
	 	Title: Manager
	 	
    Address: 515 Plainfield Ave. #200

     Edison, NJ 08817

 

     

     

    

 

	 	Accepted and agreed to as of the date first written above:
	 	 
	 	
    BERKELEY STREET INCOME FUND LLC

    in its capacity as lender to the Company Member

	 	 
	 	By:	BERKELEY STREET REAL ESTATE ADVISORS LLC, its manager
	 	 	 
	 	By: 	/s/ Andrew Magliochetti

	 	Name:  Andrew Magliochetti
	 	Title:	PresidentExhibit 10.1

 

THIS PROMISSORY NOTE (“NOTE”) HAS
NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”).  THIS NOTE HAS BEEN ACQUIRED
FOR INVESTMENT ONLY AND MAY NOT BE SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF REGISTRATION OF THE RESALE THEREOF UNDER THE SECURITIES
ACT OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY IN FORM, SCOPE AND SUBSTANCE TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED.
 

 

PROMISSORY NOTE

 

	 	Dated as of July 7, 2022
	 	 
	Principal Amount: Up to $2,060,070 	New York, New York

  

KludeIn I Acquisition Corp.,
a Delaware corporation and blank check company (the “Maker”), promises to pay to the order of KludeIn Prime LLC,
a Delaware limited liability company, or its registered assigns or successors in interest (the “Payee”), or order,
the principal sum of up to Two Million Sixty Thousand and Seventy U.S. Dollars ($2,060,070) (the “Principal Amount”)
in lawful money of the United States of America, on the terms and conditions described below.  All payments on this Note shall
be made by check or wire transfer of immediately available funds or as otherwise determined by the Maker to such account as the Payee
may from time to time designate by written notice in accordance with the provisions of this Note.

 

1. Maturity.
Subject to Section 12 below, the principal balance of this Note shall be due and payable by the Maker on the earlier of (such date,
the “Maturity Date”), (a) the date that the Maker consummates its Business Combination (as that term is defined in
the Merger Agreement, which is defined in Section 12 herein) and (b) the date of the liquidation of the Maker. Under no circumstances
shall any individual, including, but not limited to, any officer, director, employee or shareholder of the Maker, be obligated personally
for any obligations or liabilities of the Maker hereunder.

 

2.  Drawdown
Requests. The Payee will fund the Principal Amount into the trust account of the Maker established in connection with its initial
public offering (the “Trust Account”), such amounts to be for the benefit of the holders of the Maker’s then
outstanding shares of Class A common stock upon redemption or liquidation of the Maker in accordance with the Maker’s amended and
restated certificate of incorporation. The principal of this Note may be drawn down in six equal amounts of $343,345 per withdrawal, upon
written request from the Maker to the Payee, in each of July, August, September, October, November and December 2022, up until the date
on which the Maker consummates its initial business combination (each, a “Drawdown Request”). Each Drawdown Request
must be made before the 12th of each applicable month and state the amount to be drawn
down. The Payee shall fund each Drawdown Request via a wire transfer directly to the Trust Account no later than the 17th
day of each applicable month; provided, however, that the maximum amount of drawdowns collectively under this Note shall not exceed
the Principal Amount. Once an amount is drawn down under this Note, it shall not be available for future Drawdown Requests. Except as
set forth herein, no fees, payments or other amounts shall be due to the Payee in connection with, or as a result of, any Drawdown Request
by the Maker.

 

3.  Interest. This
Note will be non-interest bearing and unsecured.

 

4.  Application
of Payments.  All payments shall be applied first to payment in full of any costs incurred in the collection of any sum due under
this Note, including, without limitation, reasonable attorneys’ fees, and then to the payment in full of any late charges and finally
to the reduction of the unpaid principal balance of this Note.

 

     

     

    

 

5.  Events
of Default.  The following shall constitute an event of default (“Event of Default”):

 

(a)  Failure
to Make Required Payments. Failure by the Maker to pay the principal amount due pursuant to this Note within one (1) business day
of the Maturity Date.

 

(b)  Voluntary
Bankruptcy, Etc. The commencement by the Maker of a voluntary case under any applicable bankruptcy, insolvency, reorganization, rehabilitation
or other similar law, or the consent by it to the appointment of or taking possession by a receiver, liquidator, assignee, trustee, custodian,
sequestrator (or other similar official) of the Maker or for any substantial part of its property, or the making by it of any assignment
for the benefit of creditors, or the failure of the Maker generally to pay its debts as such debts become due, or the taking of corporate
action by the Maker in furtherance of any of the foregoing.

  

(c)  Involuntary
Bankruptcy, Etc. The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of the Maker
in an involuntary case under any applicable bankruptcy, insolvency or other similar law, or appointing a receiver, liquidator, assignee,
custodian, trustee, sequestrator (or similar official) of the Maker or for any substantial part of its property, or ordering the winding-up
or liquidation of its affairs, and the continuance of any such decree or order unstayed and in effect for a period of sixty (60) consecutive
days.

 

6.  Remedies.

 

(a)  Upon
the occurrence of an Event of Default specified in Section 5(a) hereof, the Payee may, by written notice to the Maker, declare this Note
to be due immediately and payable, whereupon the unpaid principal amount of this Note, and all other amounts payable hereunder, shall
become immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby expressly
waived, anything contained herein or in the documents evidencing the same to the contrary notwithstanding.

 

(b)  Upon
the occurrence of an Event of Default specified in Sections 5(b) and 5(c), the unpaid principal balance of this Note, and all other sums
payable with regard to this Note, shall automatically and immediately become due and payable, in all cases without any action on the part
of the Payee.

 

7.  Waivers. 
The Maker and all endorsers and guarantors of, and sureties for, this Note waive presentment for payment, demand, notice of dishonor,
protest, and notice of protest with regard to this Note, all errors, defects and imperfections in any proceedings instituted by the Payee
under the terms of this Note, and all benefits that might accrue to the Maker by virtue of any present or future laws exempting any property,
real or personal, or any part of the proceeds arising from any sale of any such property, from attachment, levy or sale under execution,
or providing for any stay of execution, exemption from civil process, or extension of time for payment, and the Maker agrees that any
real estate that may be levied upon pursuant to a judgment obtained by virtue hereof or any writ of execution issued hereon, may be sold
upon any such writ in whole or in part in any order desired by the Payee.

 

8.  Unconditional
Liability.  The Maker hereby waives all notices in connection with the delivery, acceptance, performance, default, or enforcement
of the payment of this Note, and agrees that its liability shall be unconditional, without regard to the liability of any other party,
and shall not be affected in any manner by any indulgence, extension of time, renewal, waiver or modification granted or consented to
by the Payee, and consents to any and all extensions of time, renewals, waivers, or modifications that may be granted by the Payee with
respect to the payment or other provisions of this Note, and agrees that additional makers, endorsers, guarantors, or sureties may become
parties hereto without notice to the Maker or affecting the Maker’s liability hereunder.

 

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9.  Notices. 
All notices, statements or other documents which are required or contemplated by this Note shall be made in writing and delivered: (a)
personally or sent by first class registered or certified mail, overnight courier service or facsimile or electronic transmission to the
address designated in writing, (b) by facsimile to the number most recently provided to such party or such other address or fax number
as may be designated in writing by such party or (c) by electronic mail, to the electronic mail address most recently provided to such
party or such other electronic mail address as may be designated in writing by such party.  Any notice or other communication
so transmitted shall be deemed to have been given on the day of delivery, if delivered personally, on the business day following receipt
of written confirmation, if sent by facsimile or electronic transmission, one (1) business day after delivery to an overnight courier
service or five (5) days after mailing if sent by mail.

  

10.  Construction. 
THIS NOTE SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF NEW YORK, WITHOUT REGARD TO CONFLICT OF LAW PROVISIONS THEREOF.

 

11.  Severability. 
Any provision contained in this Note which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or
unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

 

12.  Trust
Waiver.  Notwithstanding anything herein to the contrary, the Payee hereby waives any and all right, title, interest or
claim of any kind (“Claim”) in or to any distribution of or from the trust account (the “Trust Account”)
established in which the proceeds of the initial public offering (“the “IPO”) conducted by the Maker (including
the deferred underwriters’ discounts and commissions) and the proceeds of the sale of the warrants issued in a private placement
that occurred simultaneously with the closing of the IPO were deposited, as described in greater detail in the Maker’s Registration
Statement on Form S-1 (333-251337) filed with the Securities and Exchange Commission in connection with the IPO, and hereby agrees not
to seek recourse, reimbursement, payment or satisfaction for any Claim against the Trust Account for any reason whatsoever. The provisions
of this Section 12 shall be in addition to, and not in limitation of, any releases of Claims provided by the Payee pursuant to any other
agreement between the Payee and the Maker, including, without limitation, that certain Agreement and Plan of Merger, dated as of May 18,
2022 (as it may be amended or supplemented from time to time, the “Merger Agreement”), by and among the Maker, Near
Intelligence Holdings Inc., a Delaware corporation, Paas Merger Sub 1 Inc., a Delaware corporation and wholly owned subsidiary of KludeIn,
and Paas Merger Sub 2 LLC, a Delaware limited liability company and wholly owned subsidiary of KludeIn.

 

13.  Amendment;
Waiver.  Any amendment hereto or waiver of any provision hereof may be made with, and only with, the written consent of
the Maker and the Payee.

 

14.  Assignment.  No
assignment or transfer of this Note or any rights or obligations hereunder may be made by the Maker (by operation of law or otherwise)
without the prior written consent of the Payee and any attempted assignment without the required consent shall be void.

 

[Remainder of page intentionally left blank.
Signature page follows.]

 

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IN WITNESS WHEREOF,
the Maker, intending to be legally bound hereby, has caused this Note to be duly executed by the undersigned as of the day and year first
above written. 

 

	 	KludeIn I Acquisition Corp.
	 	 	 
	 	By:	/s/ Narayan Ramachandran
	 	 	Name: 	Narayan Ramachandran
	 	 	Title:	Chief Executive Officer

 

 

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