Document:

EX-10.1

 Exhibit 10.1 

AMENDMENT NO. 3 TO FORWARD SHARE PURCHASE AGREEMENT 

This Amendment No. 3 to Forward Share Purchase Agreement (this “Amendment”) is entered into as of January 23, 2020
(the “Effective Date”), by and among Kaleyra, Inc. (f/k/a GigCapital, Inc.), a Delaware corporation (the “Company”), Greenhaven Road Capital Fund 1, LP, a Delaware limited partnership (“Greenhaven Fund
1”), and Greenhaven Road Capital Fund 2, LP, a Delaware limited partnership (“Greenhaven Fund 2” and together with Greenhaven Fund 1, “Greenhaven”). All capitalized terms used herein and not defined shall
have the meanings ascribed to them in the Purchase Agreement (as defined below). 
 Recitals 

WHEREAS, the Company and Greenhaven desire to amend the Forward Stock Purchase Agreement (the “Purchase Agreement”), dated
September 27, 2019, as amended on October 3, 2019 and December 13, 2019, as provided below. 
 NOW, THEREFORE, in
consideration of the premises, representations, warranties and the mutual covenants contained in this Amendment, and for other good and valuable consideration, the receipt, sufficiency and adequacy of which are hereby acknowledged, the parties
hereto agree as follows: 
 Agreement 

1. Amendment to Purchase Agreement. 
  

	 	a.	 Section 1.a. of the Purchase Agreement is hereby amended and restated in its entirety as follows:

 “a. Forward Share Purchase. Subject to the conditions set forth in Section 4, Greenhaven shall sell
and transfer to the Company, and the Company shall purchase from Greenhaven, that number of Shares that the Rights (including the Additional Rights (as defined below)) convert into upon the closing of the Business Combination at the following
purchase price: (1) $11.00 per Share for the 248,963 Shares sold to the Company on February 21, 2020; and (2) $11.70 per Share for the next 700,000 Shares held by Greenhaven sold to the Company on August 30, 2020 (collectively, the
“Share Purchase Price”).” 
  

	 	b.	 Section 1.b of the Purchase Agreement is hereby amended and restated in its entirety as follows:

 “b. Closing. The Company shall purchase the applicable Shares (including the Additional Shares (as
defined below)) pursuant to Section 1.a. on February 21, 2020 or August 30, 2020 (each, a “Closing Date”). No later than two Business Days before the applicable Closing Date, Greenhaven shall deliver a written notice
to the Company specifying the number of Shares the Company is required to purchase, the aggregate Share Purchase Price and instructions for wiring the Share Purchase Price to Greenhaven (the “Purchase Notice”). The closing of the
sale of the Shares (the “Closing”) shall occur on the applicable Closing Date. On the applicable Closing Date, Greenhaven shall deliver the Shares (including the Additional Shares) to the Company’s transfer agent, Continental
Stock Transfer & Trust Company (“CST”), via a medallion guaranteed stock power, and the Company will submit a written instruction letter to CST directing CST to accept receipt of the applicable Shares. The Company will pay the
Share Purchase Price via wire transfer of immediately available funds to the accounts designated by Greenhaven on the applicable Closing Date. For purposes of this Agreement, “Business Day” means any day, other than a Saturday or a
Sunday, that is neither a legal holiday nor a day on which banking institutions are generally authorized or required by law or regulation to close in San Francisco, California. 

 

	 	c.	 Section 4.c. of the Purchase Agreement is hereby amended and restated in its entirety as follows:

 c. Open Market Sale. Notwithstanding anything to the contrary herein, the parties agree that Greenhaven shall,
for the period commencing on the Effective Date and continuing until February 21, 2020, have the right but not the obligation to sell its Shares that the Rights convert into in the open market if the sale price exceeds $8.50 per Share. The
parties 

 
acknowledge and agree that prior to the Effective Date, Greenhaven has previously sold in the open market 47,232 Shares (the “Previously Sold Shares”). Upon the Company’s
written request, Greenhaven shall inform the Company of the number of Shares (including any Additional Shares) that were sold in the open market prior to February 21, 2020 as well as the date of such sales and confirmation that the sale price
per Share was greater than $8.50.    On February 21, 2020, the Company shall pay Greenhaven in accordance with Greenhaven’s written instructions an amount equal to (x) the sum of (I) the number of Shares
(including any Additional Shares) sold by it pursuant to this Section 4.c plus (II) the Previously Sold Shares, multiplied by (y) the amount by which $11.00 exceeds the sale price per Share. With respect to the Shares (including any
Additional Shares) held by Greenhaven after February 21, 2020 and before August 30, 2020, Greenhaven shall have the right but not the obligation to sell such Shares (including any Additional Shares) in the open market if the sale price
exceeds $8.50 per Share. Upon the Company’s written request, Greenhaven shall inform the Company of the number of Shares (including any Additional Shares) that were sold in the open market after February 21, 2020 and before August 30,
2020 as well as the date of such sales and confirmation that the sale price per Share was greater than $8.50. On August 30, 2020, the Company shall pay Greenhaven in accordance with Greenhaven’s written instructions an amount equal to
(A) the number of Shares (including any Additional Shares) sold between February 21, 2020 and August 30, 2020 multiplied by (B) the amount by which $11.70 exceeds the sale price per Share.” 

2. Effect of Amendment. Except as specifically set forth in this Amendment, all the terms, conditions and covenants set forth in the
Purchase Agreement shall remain unmodified and in full force and effect and are ratified in all respects. 
 3. General
Provisions. 
 a. After the effective date of this Amendment, any reference to the Purchase Agreement shall mean the Purchase
Agreement as supplemented by this Amendment. Notwithstanding anything to the contrary in the Purchase Agreement, in the event of a conflict between the terms and conditions of this Amendment and those contained within the Purchase Agreement, the
terms and conditions of this Amendment shall prevail. 
 b. By signing below, each of the signatories hereto represent that they have the
authority to execute this Amendment and to bind the party on whose behalf this Amendment is executed. 
 c. This Amendment may be executed
in two or more counterparts, each of which will be deemed an original but all of which together will constitute one and the same instrument. 

[Signature Page Follows] 

  
 2 

 IN WITNESS WHEREOF, the undersigned have executed this Amendment to
be effective as of the date first set forth above. 
  

			
	GREENHAVEN:
	
	Greenhaven Road Capital Fund 1, LP,
		
	By:	 	 /s/ Scott Miller

	Name: Scott Miller
	Title: Authorized Person
	Address: 8 Sound Shore Drive, Suite 190, Greenwich CT 06830
	
	Greenhaven Road Capital Fund 2, LP
		
	By:	 	 /s/ Scott Miller

	Name: Scott Miller
	Title: Authorized Person
	Address: 8 Sound Shore Drive, Suite 190, Greenwich CT 06830
	
	COMPANY:
	
	Kaleyra, Inc.
		
	By:	 	 /s/ Dario Calogero

		 	Name: Dario Calogero
		 	Title: Chief Executive Officer and President

  

  
 [Signature Page to
Amendment No. 3 to Forward Share Purchase Agreement]EX-10.2

 Exhibit 10.2 

AMENDMENT NO. 3 TO FORWARD SHARE PURCHASE AGREEMENT 

This Amendment No. 3 to Forward Share Purchase Agreement (this “Amendment”) is entered into as of January 23, 2020,
by and among Kaleyra, Inc. (f/k/a GigCapital, Inc.), a Delaware corporation (the “Company”), Kepos Alpha Master Fund L.P., a Cayman Islands limited partnership (“KAF”). All capitalized terms used herein and not
defined shall have the meanings ascribed to them in the Purchase Agreement (as defined below). 
 Recitals 

WHEREAS, the Company and KAF desire to amend the Forward Stock Purchase Agreement (the “Purchase Agreement”), dated
October 1, 2019, as amended on October 2, 2019 and December 13, 2019 as provided below. 
 NOW, THEREFORE, in consideration
of the premises, representations, warranties and the mutual covenants contained in this Amendment, and for other good and valuable consideration, the receipt, sufficiency and adequacy of which are hereby acknowledged, the parties hereto agree as
follows: 
 Agreement 

1. Correction of Entity Name. The correct entity name for KAF is Kepos Alpha Master Fund L.P., not Kepos Alpha Fund L.P. 

2. Amendment to Purchase Agreement. 
  

	a.	 Section 1.a. of the Purchase Agreement is hereby amended and restated in its entirety as follows:

 “a. Forward Share Purchase. Subject to the conditions set forth in Section 4, KAF shall sell and
transfer to the Company, and the Company shall purchase from KAF, that number of Shares that the Rights (including the Additional Rights (as defined below)) convert into upon the closing of the Business Combination at the following purchase price:
(1) $10.92 per Share for the first 102,171 Shares sold to the Company; and (2) $10.71 per Share for the next 93,676 Shares sold to the Company (collectively, the “Share Purchase Price”).” In the event the Closing occurs after
April 1, 2020, the Share Purchase Price shall increase by 1% per full month until the Closing Date.” 
  

	b.	 Section 1.b. of the Purchase Agreement is hereby amended and restated in its entirety as follows:

 “b. Closing. 

i. The Company shall purchase the Shares (including the Additional Shares (as defined below)) on April 1, 2020 or such later date as may
be determined in accordance with Section 1.b.ii. below (the “Closing Date”). No later than two Business Days before the Closing Date, KAF shall deliver a written notice to the Company specifying the number of Shares the Company
is required to purchase, the aggregate Share Purchase Price and instructions for wiring the Share Purchase Price to KAF (the “Purchase Notice”). The closing of the sale of the Shares (the “Closing”) shall occur on
the Closing Date. On the Closing Date, KAF shall deliver the Shares (including the Additional Shares) to the Company’s transfer agent, Continental Stock Transfer & Trust Company (“CST”), via a medallion guaranteed
stock power, and the Company will submit a written instruction letter to CST directing CST to accept receipt of the applicable Shares. The Company will pay the Share Purchase Price via wire transfer of immediately available funds to the accounts
designated by KAF on the applicable Closing Date. For purposes of this Agreement, “Business Day” means any day, other than a Saturday or a Sunday, that is neither a legal holiday nor a day on which banking institutions are generally
authorized or required by law or regulation to close in San Francisco, California. 

 ii. In its sole and absolute discretion, KAF may elect to defer the Closing Date one
calendar month at a time by giving written notice to the Company; provided, that should KAF fail to deliver the Purchase Notice, the Closing Date shall automatically be rolled to the subsequent month. For purposes of illustration only, KAF may elect
to defer April 1, 2020 Closing Date to May 1, 2020 Closing Date by giving the Company written notice no later than March 30, 2020 or by failing to deliver the Purchase Notice by March 30, 2020, and the Closing Date may
subsequently be deferred.” 
  

	b.	 Section 4.c. of the Purchase Agreement is hereby amended and restated in its entirety as follows:

 “c. Open Market Sale. Notwithstanding anything to the contrary herein, the parties agree that KAF shall
after the closing of the Business Combination have the right but not the obligation to sell any or all of its Shares that the Rights convert into in the open market if the share price equals or exceeds $8.50 per Share. In furtherance of the
foregoing, KAF shall have the right to sell such Shares at any time provided that the price received by KAF (not including any commissions due by KAF for the sale) is at least $8.50. In the event that KAF sells any Shares (including and Additional
Shares), as provided in this Section 4.c., at a sale price of less than $10.92 per Share for the first 102,171 Shares and $10.71 per Share for the next 93,676 Shares, it shall provide notice to the Company within three (3) Business Days of
such sale, and such notice shall include the date of the sale, the number of Shares sold, and confirmation that the sale price per Share was greater than $8.50, and the Company shall pay KAF, no later than five (5) Business Days after its
receipt of the notice, in accordance with KAF’s written instructions an amount equal to (x) the number of Shares (including any Additional Shares) sold multiplied by (y) the amount by which $10.92 or $10.71, as applicable, exceeds the
sale price per Share. Should the Company fail to make the payment required under this Section 4.c., the Company shall, without prejudice or limitation to any other remedies available to KAF in law or equity, pay a penalty on such amount due at
the rate of 18% per annum from the due date until the date of payment in full.” 
 3. Effect of Amendment. Except as
specifically set forth in this Amendment, all the terms, conditions and covenants set forth in the Purchase Agreement shall remain unmodified and in full force and effect and are ratified in all respects. 

4. General Provisions. 

a. After the effective date of this Amendment, any reference to the Purchase Agreement shall mean the Purchase Agreement as supplemented by
this and all prior Amendments. Notwithstanding anything to the contrary in the Purchase Agreement, in the event of a conflict between the terms and conditions of this Amendment and those contained within the Purchase Agreement or previous
amendments, the terms and conditions of this Amendment shall prevail. 
 b. By signing below, each of the signatories hereto represent that
they have the authority to execute this Amendment and to bind the party on whose behalf this Amendment is executed. 
 c. This Amendment may
be executed in two or more counterparts, each of which will be deemed an original but all of which together will constitute one and the same instrument. 

[Signature Page Follows] 

 IN WITNESS WHEREOF, the undersigned have executed this Amendment to
be effective as of the date first set forth above. 
  

			
	KAF:
	
	Kepos Alpha Master Fund L.P.
	By: Kepos Capital LP, its Investment Manager
		
	By:	 	 /s/ Simon Raykher

	Name: Simon Raykher
	Title: Authorized Person
	
	COMPANY:
	
	Kaleyra, Inc.
		
	By:	 	 /s/ Dario Calogero

	Name: Dario Calogero
	Title: Chief Executive Officer and President

 [Signature Page to Amendment No. 3 to Forward Share Purchase Agreement]

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