Document:

vctr-ex101_31.htm

Exhibit 10.1

AMENDMENT NO. 2 TO STOCK PURCHASE AGREEMENT

This Amendment No. 2 to the Stock Purchase Agreement (this “Amendment”), dated as of April 15, 2021, is made by and among Victory Capital Holdings, Inc., a Delaware corporation (“Buyer”), USAA Investment Corporation, a Delaware corporation (“Seller”) and USAA Capital Corporation, a Delaware corporation, (“Seller Parent”). Seller, Buyer, and Seller Parent shall be referred to herein collectively as the “Parties”.

RECITALS:

WHEREAS, Seller, Buyer, and solely for the purposes of Section 6.12, Section 6.13, Section 6.15, Section 6.19, Section 6.25, and Article 11 thereto, Seller Parent, are party to that certain Stock Purchase Agreement, dated as of November 6, 2018 and amended by Amendment No. 1 thereto as of June 28, 2019 (the “Purchase Agreement”)

WHEREAS, the Parties desire to amend the Purchase Agreement and certain Exhibits to the Purchase Agreement as set forth herein. 

NOW, THEREFORE, in consideration of the foregoing and the respective covenants and agreements set forth herein, and subject to the terms and conditions set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, hereby agree as follows:

SECTION 1. Definitions.Unless otherwise defined herein, capitalized terms used herein shall have the respective meanings set forth in the Purchase Agreement.

SECTION 2.Amendments.  Section 6.19 of the Purchase Agreement is hereby deleted in its entirety; including all pertinent definitions and exhibits referenced therein.

SECTION 3.No Other Variation.Except to the extent set forth in this Amendment, none of the terms and conditions of the Purchase Agreement or the obligations and rights of the parties to the Purchase Agreement, as previously amended, shall be deemed amended, modified, or waived; and such terms, provisions, obligations, and rights shall continue unaffected in accordance with the Purchase Agreement. 

SECTION 4.Effectiveness.This Amendment No. 2 shall become effective as of the date first written above.  Upon the effectiveness hereof, all references in the Purchase Agreement to “this Agreement” or the like shall refer to the Purchase Agreement as previously amended and further amended hereby. 

SECTION 5.Counterparts.This Amendment No. 2 may be executed in any number of counterparts and by the different parties hereto in separate counterparts, each of which shall be deemed an original, and all of which shall together constitute one and the same instrument. The word “executed,” and words of like import in this Amendment No. 2 shall include images of manually executed signatures transmitted by facsimile or other electronic format (including, without limitation, “pdf”, “tif” or “jpg”) and other electronic signatures (including, without limitation, DocuSign and AdobeSign).  The use of electronic signatures and electronic records 

1

Confidential – USAA Information

 Attorney Work Product

 

(including, without limitation, any contract or other record created, generated, sent, communicated, received, or stored by electronic means) shall be of the same legal effect, validity and enforceability as a manually executed signature or use of a paper-based record-keeping system to the fullest extent permitted by applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act and any other applicable law, including, without limitation, any state law based on the Uniform Electronic Transactions Act or the Uniform Commercial Code.

SECTION 6.Governing Law.THIS AMENDMENT NO. 2 SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICTS OF LAW PRINCIPLES THEREOF.

SECTION 7.Entire Agreement.This Amendment No. 2 and the Purchase Agreement as previously amended and further amended hereby constitute the entire agreement and understanding between the parties hereto and supersede any and all prior agreements and understandings relating to the subject matter hereof.

  

 

[Signature Pages Follow]

2

Confidential – USAA Information

 Attorney Work Product

 

 

IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 2 to be duly executed on their behalf by their respective officers duly authorized thereunto, as of the date first above written.

VICTORY CAPITAL HOLDINGS, INC.

	
 
	
By:
	
/s/ David C. Brown
Name: David C. Brown
Title:   Chairman and Chief Executive Officer

USAA INVESTMENT CORPORATION

	
 
	
By:
	
/s/ Jeff Tucker
Name: Jeff Tucker
Title:   Senior Vice President 

USAA CAPITAL CORPORATION,

solely for the limited purposes described herein

	
 
	
By:
	
/s/ Brett Seybold
Name: Brett Seybold
Title:   Senior Vice President, Treasurer

 

 

 

Confidential – USAA Information

 Attorney Work ProductExhibit 4.1

 

	NUMBER	UNITS
	U- 	 

 

 

SEE REVERSE FOR
CERTAIN DEFINITIONS 

 

CUSIP        

 

CORSAIR PARTNERING CORPORATION

UNITS CONSISTING OF ONE CLASS A ORDINARY SHARE AND ONE-THIRD OF ONE WARRANT TO PURCHASE ONE CLASS A ORDINARY SHARE

 

THIS CERTIFIES THAT is the owner of Units.

 

Each unit (“Unit”) consists
of one (1) Class A ordinary share, par value $0.0001 per share (“Ordinary Shares”), of Corsair Partnering Corporation,
a Cayman Islands exempted company (the “Company”), and one-third (1/3) of one warrant (a “Warrant”).
Each whole Warrant entitles the holder to purchase one (1) Ordinary Share (subject to adjustment) for $11.50 per share (subject to adjustment).
Each Warrant will become exercisable on the later of (i) thirty (30) days after the Company’s completion of a merger, share capital
exchange, asset acquisition, share purchase, reorganization or other similar Partnering Transaction with one or more businesses (each
a “Partnering Transaction”), or (ii) twelve (12) months from the closing of the Company’s initial public
offering, and will expire unless exercised before 5:00 p.m., New York City Time, on the date that is five (5) years after the date on
which the Company completes its initial Partnering Transaction, or earlier upon redemption or liquidation (the “Expiration
Date”). The Ordinary Shares and Warrants comprising the Units represented by this certificate are not transferable separately
prior to       , 2021 unless Evercore Group L.L.C. or BofA Securities, Inc. elect to allow separate trading
earlier, subject to the Company’s filing of a Current Report on Form 8-K with the Securities and Exchange Commission containing
an audited balance sheet reflecting the Company’s receipt of the gross proceeds of the Company’s initial public offering and
issuing a press release announcing when separate trading will begin. No fractional warrants will be issued upon separation of the Units.
The terms of the Warrants are governed by a Warrant Agreement, dated as of    , 2021, between the Company and Continental
Stock Transfer & Trust Company, as Warrant Agent, and are subject to the terms and provisions contained therein, all of which terms
and provisions the holder of this certificate consents to by acceptance hereof. Copies of the Warrant Agreement are on file at the office
of the Warrant Agent at 1 State Street, 30th Floor, New York, New York 10004, and are available to any Warrant holder on written
request and without cost.

 

This certificate is not valid unless countersigned
by the Transfer Agent and registered by the Registrar of the Company.

 

This certificate shall be governed by and construed
in accordance with the internal laws of the State of New York.

 

Witness the facsimile signature of its duly authorized
officers.

 

	 	 	 	 	 
	President	 	 	 	Chief Financial Officer

 

    	 

    	 

    

Corsair Partnering Corporation

 

The Company will furnish without charge to each
holder of Units who so requests, a statement of the powers, designations, preferences and relative, participating, optional or other special
rights of each class of equity or series thereof of the Company and the qualifications, limitations, or restrictions of such preferences
and/or rights.

 

The following abbreviations, when used in the
inscription on the face of this certificate, shall be construed as though they were written out in full according to applicable laws or
regulations:

 

	TEN COM	—	as tenants in common	UNIF GIFT MIN ACT	 	—	 	 	 	Custodian	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	TEN ENT	—	as tenants by the entireties	 	 	 	 	(Cust)	 	 	 	(Minor)
	JT TEN	—	as joint tenants with right of survivorship and not as tenants in common	 	 	 	under Uniform Gifts to Minors Act
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	(State)

 

Additional abbreviations may also be used though
not in the above list.

 

    	 

    	 

    

For value received,                             
hereby sells, assigns and transfers unto 

 

	 
	PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE
	 
	 
	(PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE)
	 
	Units represented by the within Certificate, 

and does hereby irrevocably constitute and appoint     Attorney

to transfer the said Units on the books of the within named Company with full power of 

substitution in the premises.

 

	Dated	 	 	 
	 	 	 	 
	 	 	 	Notice: The signature to this assignment must correspond with the name as written upon the face of the certificate in every particular, without alteration or enlargement or any change whatever.

 

	Signature(s) Guaranteed:
	 
	 
	THE SIGNATURE(S) MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM, PURSUANT TO SEC RULE 17Ad-15 UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED (OR ANY SUCCESSOR RULE).

 

In each case, as more fully described in the Company’s final
prospectus dated       , 2021, the holder(s) of this certificate shall be entitled to receive a pro-rata
portion of certain funds held in the trust account established in connection with its initial public offering only in the event that (i)
the Company redeems the Ordinary Shares sold in its initial public offering and liquidates because it does not consummate an initial Partnering
Transaction within the period of time set forth in the Company’s amended and restated memorandum and articles of association, as
the same may be amended from time to time, (ii) the Company redeems the Ordinary Shares sold in its initial public offering in connection
with a shareholder vote to amend the Company’s memorandum and articles of association to modify the substance or timing of the Company’s
obligation to redeem 100% of the Ordinary Shares if it does not consummate an initial Partnering Transaction within the period of time
set forth in the Company’s amended and restated memorandum and articles of association, as the same may be amended from time to
time, or with respect to any other provisions relating to the rights of holders of Ordinary Shares, or (iii) if the holder(s) seek(s)
to redeem for cash his, her or its respective Ordinary Shares in connection with a tender offer (or proxy solicitation, solely in the
event the Company seeks shareholder approval of the proposed initial Partnering Transaction) setting forth the details of a proposed initial
Partnering Transaction. In no other circumstances shall the holder(s) have any right or interest of any kind in or to the trust account.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00327-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00327-of-00352.parquet"}]]