SEC Contract Filing

Filing Date: 2021-03-10

Document Content:
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<TYPE>EX-10.4
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<FILENAME>d152799dex104.htm
<DESCRIPTION>EX-10.4
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<TITLE>EX-10.4</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 10.4 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">March&nbsp;3, 2021 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap">M3-Brigade</FONT> Acquisition II Corp. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">1700 Broadway, 19th Floor </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">New York, NY 10019 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B>Re: Initial Public Offering </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ladies and
Gentlemen: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This letter (this &#147;<B><I>Letter Agreement</I></B>&#148;) is being delivered to you in accordance with the Underwriting Agreement (the
&#147;<B><I>Underwriting Agreement</I></B>&#148;) entered into by and between <FONT STYLE="white-space:nowrap">M3-Brigade</FONT> Acquisition II Corp., a Delaware corporation (the &#147;<B><I>Company</I></B>&#148;), and Cantor Fitzgerald&nbsp;&amp;
Co., as representative (the &#147;<B><I>Representative</I></B>&#148;) of the several underwriters (each, an &#147;<B><I>Underwriter</I></B>&#148; and collectively, the &#147;<B><I>Underwriters</I></B>&#148;), relating to an underwritten initial
public offering (the &#147;<B><I>Public Offering</I></B>&#148;), of up to 46,000,000 of the Company&#146;s units (including up to 6,000,000 units that may be purchased to cover over-allotments, if any) (the &#147;<B><I>Units</I></B>&#148;), each
comprised of one share of the Company&#146;s Class&nbsp;A common stock, par value $0.0001 per share (the &#147;<B><I>Class</I></B><B><I></I></B><B><I>&nbsp;A Common Stock</I></B>&#148;), and <FONT STYLE="white-space:nowrap">one-third</FONT> of one
redeemable warrant. Each whole warrant (each, a &#147;<B><I>Warrant</I></B>&#148;) entitles the holder thereof to purchase one share of Class&nbsp;A Common Stock at a price of $11.50 per share, subject to adjustment as described in the Prospectus
(as defined below). The Units will be sold in the Public Offering pursuant to a registration statement on Form <FONT STYLE="white-space:nowrap">S-1</FONT> and prospectus (the &#147;<B><I>Prospectus</I></B>&#148;) filed by the Company with the U.S.
Securities and Exchange Commission (the &#147; <B><I>Commission</I></B>&#148;) and the Units have been approved for listing on the New York Stock Exchange. Certain capitalized terms used herein are defined in paragraph 11 hereof. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In order to induce the Company and the Underwriters to enter into the Underwriting Agreement and to proceed with the Public Offering and for other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, each of <FONT STYLE="white-space:nowrap">M3-Brigade</FONT> Sponsor II LP (the &#147;<B><I>Sponsor</I></B>&#148;) and the undersigned individuals, each of whom is a
member of the Company&#146;s board of directors and/or management team (each of the undersigned individuals, an &#147;<B><I>Insider</I></B>&#148; and collectively, the &#147;<B><I>Insiders</I></B>&#148;), hereby agrees with the Company as follows:
</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;The Sponsor and each Insider agrees that if the Company seeks stockholder approval of a proposed Business
Combination, then in connection with such proposed Business Combination, it, he or she shall (i)&nbsp;vote any shares of Common Stock (as defined below) owned by it, him or her in favor of any proposed Business Combination and (ii)&nbsp;not redeem
any shares of Common Stock owned by it, him or her in connection with such stockholder approval. If the Company seeks to consummate a proposed Business Combination by engaging in a tender offer, the Sponsor and each Insider agrees that it, he or she
will not sell or tender any shares of Common Stock owned by it, him or her in connection therewith. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp;The Sponsor
and each Insider hereby agrees that in the event that the Company fails to consummate a Business Combination within 24 months from the closing of the Public Offering, or such later period approved by the Company&#146;s stockholders in accordance
with the Company&#146;s amended and restated certificate of incorporation (as it may be amended from time to time, the &#147;<B><I>Charter</I></B>&#148;), the Sponsor and each Insider shall take all reasonable steps to cause the Company to
(i)&nbsp;cease all operations except for the purpose of winding up, (ii)&nbsp;as promptly as reasonably possible but not more than ten business days thereafter, redeem 100% of the shares of Class&nbsp;A Common Stock sold as part of the Units in the
Public Offering (the &#147;<B><I>Offering Shares</I></B>&#148;), at a <FONT STYLE="white-space:nowrap">per-share</FONT> price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account (as defined below), including interest
earned on the funds held in the Trust Account (which interest shall be net of taxes payable and up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding Offering Share