SEC Contract Filing

Filing Date: 2021-01-11

Document Content:
<DOCUMENT>
<TYPE>EX-10.5
<SEQUENCE>8
<FILENAME>nt10017539x11_ex10-5.htm
<DESCRIPTION>EXHIBIT 10.5
<TEXT>
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 <p style="margin: 0; text-align: right">&#160;<b>Exhibit 10.5</b></p>
 <p style="margin: 0">&#160;</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>ALTIMETER GROWTH CORP. 2</b></p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">2550 Sand Hill Road, Suite 150</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Menlo Park, CA 94025</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">January 6, 2021</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Altimeter Growth Holdings 2</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">2550 Sand Hill Road, Suite 150</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Menlo Park, CA 94025</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ladies and Gentlemen:</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This letter will confirm our agreement that,
 commencing on the effective date (the &#8220;<b><i>Effective Date</i></b>&#8221;) of the registration statement (the &#8220;<b><i>Registration
 Statement</i></b>&#8221;) for the initial public offering (the &#8220;<b><i>IPO</i></b>&#8221;) of the securities of Altimeter
 Growth Corp. 2 (the &#8220;<b><i>Company</i></b>&#8221;) and continuing until the earlier of (i) the consummation by the Company
 of an initial business combination and (ii) the Company&#8217;s liquidation (in each case as described in the Registration Statement)
 (such earlier date hereinafter referred to as the &#8220;<b><i>Termination Date</i></b>&#8221;), Altimeter Growth Holdings 2 (the
 &#8220;<b><i>Sponsor</i></b>&#8221;) shall take steps directly or indirectly to make available to the Company certain office space,
 secretarial and administrative services as may be required by the Company from time to time, situated at 2550 Sand Hill Road, Suite
 150, Menlo Park, CA 94025 (or any successor location). In exchange therefore, the Company shall pay the Sponsor a sum of $20,000
 per month on the Effective Date and continuing monthly thereafter until the Termination Date. The Sponsor hereby agrees that it
 does not have any right, title, interest or claim of any kind (a &#8220;<b><i>Claim</i></b>&#8221;) in or to any monies that may
 be set aside in a trust account (the &#8220;<b><i>Trust Account</i></b>&#8221;) that may be established upon the consummation of
 the IPO and hereby irrevocably waives any Claim it may have in the future as a result of, or arising out of, any negotiations,
 contracts or agreements with the Company and will not seek recourse against the Trust Account for any reason whatsoever.</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This letter agreement constitutes the entire
 agreement and understanding of the parties hereto in respect of its subject matter and supersedes all prior understandings, agreements,
 or representations by or among the parties hereto, written or oral, to the extent they relate in any way to the subject matter
 hereof or the transactions contemplated hereby.</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This letter agreement may not be amended,
 modified or waived as to any particular provision, except by a written instrument executed by the parties hereto.</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The parties may not assign this letter agreement
 and any of their rights, interests, or obligations hereunder without the consent of the other party.</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This letter agreement shall be governed
 by, construed in accordance with, and interpreted pursuant to the laws of the State of New York, without giving effect to its choice
 of laws principles that will apply the laws of another jurisdiction.</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</p>
 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This letter agreement may be executed in
 one or more counterparts, each of which shall for all purpos