SEC Contract Filing

Filing Date: 2017-05-10

Document Content:
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<TYPE>EX-10.2
<SEQUENCE>4
<FILENAME>d393508dex102.htm
<DESCRIPTION>EX-10.2
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<TITLE>EX-10.2</TITLE>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.2 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>INVESTMENT MANAGEMENT TRUST AGREEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This Investment Management Trust Agreement (this &#147;<B><I>Agreement</I></B>&#148;) is made effective as of May&nbsp;4, 2017, by and between
TPG Pace Energy Holdings Corp., a Delaware corporation (the &#147;<B><I>Company</I></B>&#148;), and Continental Stock Transfer&nbsp;&amp; Trust Company, a New York corporation (the &#147;<B><I>Trustee</I></B>&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, the Company&#146;s registration statement on Form <FONT STYLE="white-space:nowrap">S-1,</FONT> Registration Statement <FONT
STYLE="white-space:nowrap">No.&nbsp;333-217338</FONT><B> </B>(the &#147;<B><I>Registration Statement</I></B>&#148;) and prospectus (the &#147;<B><I>Prospectus</I></B>&#148;) for the initial public offering of the Company&#146;s units (the
&#147;<B><I>Units</I></B>&#148;), each of which consists of one share of the Company&#146;s Class&nbsp;A common stock, par value $0.0001 per share (the &#147;<B><I>Common Stock</I></B>&#148;), and <FONT STYLE="white-space:nowrap">one-third</FONT> of
one warrant, each whole warrant entitling the holder thereof to purchase one share of Common Stock (such initial public offering hereinafter referred to as the &#147;<B><I>Offering</I></B>&#148;), has been declared effective as of the date hereof by
the U.S. Securities and Exchange Commission; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, the Company has entered into an Underwriting Agreement (the
&#147;<B><I>Underwriting Agreement</I></B>&#148;) with Deutsche Bank Securities Inc., Goldman Sachs&nbsp;&amp; Co. LLC, Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC, as representatives (the
&#147;<B><I>Representatives</I></B>&#148;) of the several underwriters (the &#147;<B><I>Underwriters</I></B>&#148;) named therein; and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, as described in the Registration Statement, an aggregate of $600,000,000 from the proceeds of the Offering and sale of the
Private Placement Warrants (as defined in the Underwriting Agreement) (or $690,000,000 if the Underwriters&#146; over-allotment option is exercised in full) will be delivered to the Trustee to be deposited and held in a segregated trust account
located at all times in the United States (the &#147;<B><I>Trust Account</I></B>&#148;) for the benefit of the Company and the holders of the Common Stock included in the Units issued in the Offering as hereinafter provided (the amount to be
delivered to the Trustee (and any interest subsequently earned thereon) is referred to herein as the &#147;<B><I>Property</I></B>,&#148; the stockholders for whose benefit the Trustee shall hold the Property will be referred to as the
&#147;<B><I>Public Stockholders</I></B>,&#148; and the Public Stockholders and the Company will be referred to together as the &#147;<B><I>Beneficiaries</I></B>&#148;); and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, pursuant to the Underwriting Agreement, a portion of the Property equal to $21,000,000, or $24,150,000 if the
Underwriters&#146; over-allotment option is exercised in full, is attributable to deferred underwriting discounts and commissions that may be payable by the Company to the Underwriters upon the consummation of the Business Combination (as defined
below) (the &#147;<B><I>Deferred Discount</I></B>&#148;); and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, the Company and the Trustee desire to enter into this
Agreement to set forth the terms and conditions pursuant to which the Trustee shall hold the Property. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">NOW THEREFORE, IT IS AGREED: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp;<U>Agreements and Covenants of Trustee</U>. The Trustee hereby agrees and covenants to: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;Hold the Property in trust for the Beneficiaries in accordance with the terms of this Agreement in the Trust
Account established by the Trustee at a branch office of J.P. Morgan Chase Bank, N.A. located in the United States<B> </B>and at a brokerage institution selected by the Trustee that is reasonably satisfactory to the Company; </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;Manage, supervise and administer the Trust Account subject to the
terms and conditions set forth herein; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(c)&nbsp;&nbsp;&nbsp;&nbsp;In a timely manner, upon the written instruction of the Company, invest
and reinvest the Property in United States government securities within the meaning of Section 2(a)(16) of the Investment Company Ac