Document:

EXHIBIT 10.2

Execution Version

SHARE TRANSFER AGREEMENT

THIS SHARE TRANSFER AGREEMENT, dated as of March 14, 2019 (this “Agreement”), is made by and among the persons and entity (the “Public Float Holders”) set forth on Schedule 1 hereto and, without duplication, the individuals and entities set forth on Schedule 2 hereto (“the “30% Holders,” together with the Public Float Holders, the “Founders”) and Bioceres LLC (formerly Bioceres Inc.), a limited liability company organized under the laws of the State of Delaware (“Bioceres”). Capitalized terms used but not otherwise defined herein have the meanings ascribed to such terms in the Share Exchange Agreement (as defined below).

WHEREAS, reference is made to that certain Share Exchange Agreement (the “Share Exchange Agreement”), dated as of November 8, 2018, by and among Union Acquisition Corp. (“Union”), Joseph J. Schena, solely in his capacity as representative of the holders of Union Ordinary Shares immediately prior to the Closing and their successors (and any successor representative appointed in accordance therewith) (the “Pre-Closing Representative”) and Bioceres.

WHEREAS, as additional consideration to Bioceres for the share exchange contemplated under the Share Exchange Agreement, the 30% Holders have agreed to transfer to Bioceres eight hundred sixty-two thousand, five hundred (862,500) ordinary shares of Union (the “30% Shares”).

WHEREAS, pursuant to the Side Letter to the Share Exchange Agreement, dated as of even date herewith, by and among Bioceres, the Pre-Closing Representative and Union, Bioceres has agreed that five hundred seventy nine thousand, nine hundred and twenty nine (579,929) Closing Exchange Shares that it is entitled to receive under the Share Exchange Agreement shall be issued by Union, in book entry form, on the Closing Date, to the Public Float Holders and Vellar Opportunities Fund Master, Ltd. in exchange for five hundred seventy nine thousand, nine hundred and twenty nine (579,929) unregistered ordinary shares of Union (the “Public Float Shares,” and together with the 30% Shares, the “Founder Shares”).

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

	1.	     	

   On the Closing Date (as defined in the Share Exchange Agreement), the Founders shall assign, transfer and deliver, free and clear of all Liens, all of the Founder Shares to Bioceres.

	 					
	2.		

   Each Founder hereby represents and warrants to Bioceres as follows:

		     	     		     	
			     	a.	     	

   To the extent applicable, it is duly organized, validly existing and in good standing under the laws of the jurisdiction in which it is incorporated and has all requisite power and authority to carry on its businesses as now being conducted, except where the failure to have such power or authority would not prevent or materially delay the consummation of the transaction contemplated hereby. It is not in default under or in violation of any material provision of its Governing Documents.

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	 	     	     	b.	     	

   It has all necessary power and authority to execute and deliver this Agreement and to consummate the transaction contemplated hereby. The execution and delivery of this Agreement and the consummation of the transaction contemplated hereby have been duly authorized by all necessary action on the part of each Founder and no other proceeding on the part of any Founder is necessary to authorize this Agreement or to consummate the transaction contemplated hereby. This Agreement has been duly and validly executed and delivered by each Founder and constitutes a valid, legal and binding agreement of each Founder, enforceable against each Founder in accordance with its terms, except (a) to the extent that enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting the enforcement of creditors’ rights generally and (b) that the availability of equitable remedies, including specific performance, is subject to the discretion of the court before which any proceeding thereof may be brought.

	 					
				c.		

   The execution and delivery of this Agreement does not, and the consummation of the transaction hereunder by each Founder and performance by each Founder of its obligations hereunder will not: (a) result in any violation of such Founder’s Governing Documents, to the extent applicable; (b) conflict with, or result in a breach of any of the terms or provisions of, or constitute a default under, or result in the termination, cancellation, acceleration or modification (whether after the giving of notice or the lapse of time or both) of any right or obligation of any Founder under, any Contract to which such Founder is a party or by which it is bound or to which its assets or properties are subject; (c) violate or result in a breach of or constitute a default under any Law, judgment, order, injunction or decree applicable to such Founder or by which Union or its assets or properties are bound; and (d) require any Consent of any Governmental Entity or any party to any material Contract to which such Founder is a party or by which such Founder is bound or to which such Founder’s assets or properties are subject. No Consent or Permit with respect to any Person or Governmental Entity is required on the part of such Founder in connection with the execution and delivery of this Agreement thereby, the performance of its obligations hereunder, and the consummation of the transaction contemplated hereby.

	 					
				d.		

   As of immediately prior to the transactions contemplated hereby, the Founders will be the record and beneficial owner of the Founder Shares and will have good and valid title to the Founder Shares, free and clear of all Liens (other than restrictions under applicable federal, state and other securities laws).

	 					
				e.		

   The offer and the issuance of the Founder Shares by the Founders as described in this Agreement have not been accompanied by any form of general solicitation or general advertising. The Founder Shares are being issued and/or offered only to a limited number of sophisticated purchasers. The Founders reasonably believe that the purchaser of the Founder Shares is an “accredited investor” as that term is defined in Rule 501 of Regulation D promulgated under the Securities Act of 1933 (the “Securities Act”) and that the purchaser of the Founder Shares is able to fend for himself, herself or itself and has such knowledge and experience in financial and business matters the purchaser is capable of evaluating the merits and risks of investing in the Founder Shares and has the capacity to protect such purchaser’s interests.

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				f.		

   None of the Founders have in their possession any material non-public information related to the transactions contemplated by the Share Exchange Agreement that has not been disclosed to the purchaser.

	 	     	     		     	     
				g.		

   It is not necessary in connection with the transfer and delivery of the Founder Shares at the Closing to register the Founder Shares under the Securities Act. None of the Founders nor anyone acting on their behalf has taken, or will take, any action that would subject the transfer and delivery of the Founder Shares to the registration requirements of section 5 of the Securities Act or to the registration requirements of any securities or blue sky laws of any applicable jurisdiction, including the jurisdiction of organization of Union.

	 					
	3.		

   Miscellaneous.

	 					
				a.		

   Governing Law: This Agreement and any claim, controversy or dispute arising under or related in any way to this Agreement, the relationship of the parties hereto, the transaction leading to this Agreement or contemplated hereby and/or the interpretation and/or enforcement of the respective rights and duties of the parties hereunder or related in any way to the foregoing, shall be governed by and construed in accordance with the internal, substantive laws of the State of New York applicable to agreements entered into and to be performed solely within such state, without giving effect to any choice of law or conflict of law provision or rule (whether of the State of New York or any other jurisdiction) that would cause the application of the law of any jurisdiction other than the State of New York.

	 					
				b.		

   Counterparts; Facsimile: This Agreement may also be executed and delivered by facsimile signature or by email in portable document format in two (2) or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

[Signatures pages follow]

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IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the date first specified above.

	FOUNDERS:
	 
	 
	Haddock Enterprises, LLC
	 
	 
	By:     	/s/ Gerald Haddock
		Name: Gerald Haddock
		Title: President
	 
	/s/ Gerald Haddock
	Name: Gerald Haddock
	 
	/s/ Daniel Fink
	Name: Daniel Fink
	 
	/s/ Joseph Schena
	Name: Joseph Schena
	 
	/s/ Nathan Bohn
	Name: Nathan Bohn
	 
	/s/ Edgar Janotta
	Name: Edgar Janotta
	 
	/s/ Joan Fink
	Name: Joan Fink
	 
	/s/ Peter Fink
	Name: Peter Fink
	 
	/s/ Adam Hinman
	Name: Adam Hinman
	 
	/s/ Asad Husain
	Name: Asad Husain

[Signature Page to Share Transfer Agreement]

	/s/ Eric Lev
	Name: Eric Lev
	 
	/s/ Kevin McNamara
	Name: Kevin McNamara
	 
	/s/ Barbara Newman
	Name: Barbara Newman
	 
	/s/ Paul Sohn
	Name: Paul Sohn
	 
	/s/ Daniel Wolford
	Name: Daniel Wolford
	 
	/s/ William B. Buchanan
	Name: William B. Buchanan
	 
	/s/ Michael Fontaine
	Name: Michael Fontaine
	 
	/s/ Scott Katzmann
	Name: Scott Katzmann
	 
	/s/ Joseph LaSala
	Name: Joseph LaSala
	 
	/s/ Harris Lydon
	Name: Harris Lydon
	 
	/s/ Graham A. Powis
	Name: Graham A. Powis
	 
	/s/ Patrick A. Sturgeon
	Name: Patrick A. Sturgeon
	 
	/s/ Jim Manley
	Name: Jim Manley

[Signature Page to Share Transfer Agreement]

	Ladenburg Thalmann & Co. Inc. 
	 	
	 	
	By:     	/s/ Steven Kaplan
		Name: Steven Kaplan
		Title: Head of Capital Markets
	 	
	 	
	Union Acquisition Associates, LLC 
	 	
	 	
	By:	/s/ Kyle P. Bransfield
		Name: Kyle P. Bransfield
		Title: Member
	 	
	 	
	Edgar D. Jannotta, Jr. Nonexempt Family Trust 
	 	
	 	
	By:	/s/ Erika C. Pearsall
		Name: Erika C. Pearsall
		Title: Trustee

[Signature Page to Share Transfer Agreement]

	BIOCERES LLC 
	 	
	 	
	By:     	/s/ Federico Trucco
		Name: Federico Trucco
		Title: President and Chief Executive Officer

[Signature Page to Share Transfer Agreement]

Schedule 1

	Jim Manley
	Ladenburg Thalmann & Co. Inc.
	Haddock Enterprises, LLC
	Joseph J. Schena
	Daniel Fink
	Nathan Bohn
	Edgar D. Jannotta, Jr. Nonexempt Family Trust
	Joan Fink
	Peter Fink
	Adam Hinman
	Asad Husain
	Eric Lev
	Kevin McNamara
	Barbara Newman
	Paul Sohn
	Daniel Wolford
	William Buchanan
	Michael Fontaine
	Scott Katzmann
	Joseph Lasala
	Harris Lydon
	Graham Powis
	Patrick Sturgeon

Schedule 2

	
Daniel W Fink
	
Gerald W Haddock
	
Joseph J Schena
	
William B Buchanan Jr
	
Michael Fontaine
	
Scott A Katzmann
	
Ladenburg Thalmann & Co Inc
	
Joseph Anthony Lasala
	
Harris Lydon
	
Jim Manley
	
Graham A Powis
	
Patrick A Sturgeon
	
Union Acquisition Associates LLCEXHIBIT 10.3

EXECUTION VERSION

AMENDMENT No. 1 to STOCK ESCROW AGREEMENT

This AMENDMENT No. 1 to STOCK ESCROW AGREEMENT (this “Amendment”), dated as of March 14, 2019, by and among UNION ACQUISITION CORP., a Cayman Islands exempted company (“Company”), UNION GROUP INTERNATIONAL HOLDINGS LIMITED (“Union Group”), UNION ACQUISITION ASSOCIATES, LLC (“Union Associates”), KYLE P. BRANSFIELD, GERALD W. HADDOCK, DANIEL W. FINK, JOSEPH J. SCHENA, JIM MANLEY, WILLIAM B. BUCHANAN JR., MICHAEL FONTAINE, SCOTT A. KATZMANN, JOSEPH ANOTHONY LASALA, HARRIS LYDON, GRAHAM A. POWIS, PATRICK A STURGEON (the “CIM Transferees”), and LADENBURG THALMANN & CO. INC. (collectively, the “Initial Shareholders”) and CONTINENTAL STOCK TRANSFER & TRUST COMPANY, a New York corporation (“Escrow Agent”) hereby amends that certain amends that certain STOCK ESCROW AGREEMENT (the “Initial Agreement”), dated as of February 27, 2018, by and among the Company, Union Group, Union Associates, KYLE P. BRANSFIELD, GERALD W. HADDOCK, DANIEL W. FINK, JOSEPH J. SCHENA, JIM MANLEY, CIM SECURITIES, LLC, and LADENBURG THALMANN & CO. INC. and the Escrow Agent. Capitalized terms used herein but not otherwise defined shall have the meanings ascribed to them in the Initial Agreement.

WHEREAS, on November 8, 2018, the Company entered into a Share Exchange Agreement (the “Share Exchange Agreement”) by and between the Company, Joseph J. Schena, solely in his capacity as representative of the holders of Ordinary Shares immediately prior to the closing of the business combination contemplated by the Share Exchange Agreement and their successors, and Bioceres, Inc. and its successor.

WHEREAS, in order to meet certain conditions to closing set forth in the Share Exchange Agreement, the parties hereto have determined to release a certain number of Escrow Shares held by the Initial Shareholders from escrow (the “Release”) and to subsequently “unlock” (the “Unlocking”) such shares so that they are no longer subject to the restrictions on transfer set forth in Section 3.2 of the Initial Agreement.

WHEREAS, the Company has approved the Release and Unlocking of Ordinary Shares held by the Initial Shareholders.

WHEREAS, the purpose of this Amendment is to set forth provisions permitting the Release and Unlocking of Ordinary Shares and to update Exhibit A to the Initial Agreement to reflect the number of Ordinary Shares held in escrow by the Escrow Agent following the applicable Release.

WHEREAS, shortly after the execution of the Initial Agreement, CIM SECURITIES, LLC transferred its Ordinary Shares to the CIM Transferees in accordance with Section 4.3 of the Initial Agreement and the Ordinary Shares held by the CIM Transferees as of the date hereof and held in escrow by the Escrow Agent are properly reflected on Exhibit A hereto.

NOW, THEREFORE, in consideration of the foregoing premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto intending to be legally bound, hereby agree as follows:

	1.	     	

   The following section shall be incorporated into the Initial Agreement:

	 		
			

   “4.5 Early Release of Escrow Shares. Notwithstanding the provisions of Section 4.3., during the Escrow Period, all or any portion of the Escrow Shares may be released from escrow and/or the restrictions on transfer set forth herein may be removed (other than the customary restrictions on transfer applicable to privately held and/or control securities), provided, that all of the parties to this Agreement, or their permitted transferees, provide their mutual written consent and all reasonable requirements of the Escrow Agent necessary to effect any such release and/or removal of restrictions on transfer are satisfied.”

	 		
	2.		

   Exhibit A to the Initial Escrow Agreement shall be replaced in its entirety with Exhibit A attached hereto.

	 		
	3.		

   All other terms and conditions as contained in the Initial Agreement shall remain binding on the parties hereto and are incorporated herein by reference.

[Signature Page Follows]

WITNESS the execution of this Agreement as of the date first above written.

	

   UNION ACQUISITION CORP.

	 	
	 	
	

   By:      
	/s/ Kyle Bransfield
		

   Name: Kyle Bransfield

		

   Title: Chief Executive Officer

	 	
	

   INITIAL SHAREHOLDERS:

	 	
	

   UNION GROUP INTERNATIONAL HOLDINGS LIMITED

	 	
	 	 
	By:      	/s/ Juan Sartori
	

   
	

   Name: Juan Sartori

		

   Title: Chairman

	 	
	UNION ACQUISITION ASSOCIATES, LLC 
	 	
	By: 	/s/ Kyle Bransfield
		

   Name: Kyle Bransfield

		

   Title: Member

	 	
	LADENBURG THALMANN & CO. INC. 
	 	
	By: 	/s/ Steven Kaplan
		

   Name: Steven Kaplan

		

   Title: Head of Capital Markets

	 	
	/s/ William B. Buchanan Jr.
	Name: William B. Buchanan Jr.
	 	
	/s/ Michael Fontaine
	Name: Michael Fontaine
	 	
	/s/ Scott A. Katzmann
	Name: 	

   Scott A. Katzmann

	 	
	/s/ Joseph Anthony Lasala
	Name: Joseph Anthony Lasala
	 	
	/s/ Harris Lydon
	Name: Harris Lydon

[Signature Page to Amendment No. 1 to Stock Escrow Agreement]

	/s/ Graham A. Powis
	

   Name: Graham A. Powis

	 	
	/s/ Patrick A. Sturgeon
	

   Name: Patrick A. Sturgeon

	 	
	/s/ Kyle P. Bransfield
	

   Name: Kyle P. Bransfield

	 	
	/s/ Jim Manley
	

   Name: Jim Manley

	 	
	/s/ Gerald W. Haddock
	

   Name: Gerald W. Haddock

	 	
	/s/ Daniel W. Fink
	

   Name: Daniel W. Fink

	 	
	/s/ Joseph J. Schena
	

   Name: Joseph J. Schena

	 	
	 	
	

   CONTINENTAL STOCK TRANSFER & TRUST COMPANY

	 	
	 	
	By: 	/s/ Ana Gois
		

   Name: Ana Gois

		

   Title: Vice President

[Signature Page to Amendment No. 1 to Stock Escrow Agreement]

EXHIBIT A

			Number		Stock		Date of
	Name and Address		of Shares		Certificate Number		Insider Letter
	Union Group International Holdings Limited	     	1,107,216	     	1	     	February 27, 2018
	 						
	Union Acquisition Associates, LLC		121,449		2		February 27, 2018
	 						
	Jim Manley		45,673		3		February 27, 2018
	 						
	Ladenburg Thalmann & Co. Inc.		18,389		4		February 27, 2018
	 						
	William B. Buchanan Jr.		4,910				February 27, 2018
	 						
	Michael Fontaine		360				February 27, 2018
	 						
	Scott A. Katzmann		4,910				February 27, 2018
	 						
	Joseph Anthony Lasala		721				February 27, 2018
	 						
	Harris Lydon		4,910				February 27, 2018
	 						
	Graham A. Powis		776				February 27, 2018
	 						
	Patrick A. Sturgeon		1,803				February 27, 2018
	 						
	PENSCO Trust Company (on behalf of Kyle P. Bransfield)		75,000		6		February 27, 2018
	 						
	Gerald W. Haddock		12,500		7		February 27, 2018
	 						
	Daniel W. Fink		12,500		8		February 27, 2018
	 						
	Joseph J. Schena		12,500		9		February 27, 2018
	 						
	Kyle P. Bransfield		8,954		10		February 27, 2018

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