SEC Contract Filing

Filing Date: 2022-03-23

Document Content:
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<TYPE>EX-10.2
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<FILENAME>d299964dex102.htm
<DESCRIPTION>EX-10.2
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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="right">EXECUTION VERSION </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">SPONSOR SUPPORT
DEED </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">This Sponsor Support Deed (as may be amended, supplemented, modified or varied in accordance with the terms herein, this
&#147;<U>Deed</U>&#148;) is dated as of March&nbsp;23, 2022, by and among Primavera Capital Acquisition Corporation, an exempted company incorporated with limited liability under the laws of the Cayman Islands (&#147;<U>SPAC</U>&#148;), Fosun
Fashion Group (Cayman) Limited, an exempted company incorporated with limited liability under the laws of the Cayman Islands (the &#147;<U>Company</U>&#148;), Lanvin Group Holdings Limited
<FONT STYLE="font-family:pmingliu; font-size:9pt">&#22797;&#26391;&#38598;&#22242;</FONT><FONT STYLE="font-family:Times New Roman; font-size:10pt">, an exempted company incorporated with limited liability under the laws of the Cayman Islands
(&#147;<U>PubCo</U>&#148;), Primavera Capital Acquisition LLC, a Cayman Islands limited liability company (the &#147;<U>Sponsor</U>&#148;) and the other Persons set forth on <U>Schedule I</U> hereto (together with the Sponsor, each, a
&#147;<U>Sponsor Party</U>&#148; and, together, the &#147;<U>Sponsor Parties</U>&#148;). Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Business Combination Agreement (as defined below).
</FONT></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">RECITALS </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS,
as of the date hereof, each Sponsor Party is the holder of record and the &#147;beneficial owners&#148; (within the meaning of Rule <FONT STYLE="white-space:nowrap">13d-3</FONT> under the Exchange Act) of such number of SPAC Class&nbsp;B Ordinary
Shares (such SPAC Class&nbsp;B Ordinary Shares, together with any SPAC Shares acquired by such Sponsor Party after the date of this Deed and during the term of this Deed, collectively referred to herein as the &#147;<U>Subject Shares</U>&#148; of
such Sponsor Party) and such number of SPAC Warrants (such SPAC Warrants, together with any SPAC Warrants acquired by such Sponsor Party after the date of this Deed and during the term of this Deed, the &#147;<U>Subject Warrants</U>&#148; of such
Sponsor Party) set forth opposite its name on <U>Schedule I</U> hereto; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, concurrently with the execution and delivery of this
Deed, SPAC, the Company, PubCo and certain other parties thereto are entering into a Business Combination Agreement (as may be amended, restated, modified or supplemented from time to time, the &#147;<U>Business Combination Agreement</U>&#148;),
pursuant to which, among other things, SPAC will merge with and into Merger Sub 1 (with Merger Sub 1 surviving such merger as a wholly-owned subsidiary of PubCo) and Merger Sub 2 will merge with and into the Company (with the Company surviving such
merger as a wholly-owned subsidiary of PubCo) upon the terms and subject to the conditions set forth therein; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, as a condition
to the willingness of the Company and PubCo to enter into the Business Combination Agreement and to consummate the transactions contemplated therein, the parties hereto desire to agree to certain matters as set forth herein. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">NOW, THEREFORE, in consideration of the foregoing and the mutual agreements contained herein, and intending to be legally bound hereby, the
parties hereto agree as follows: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center">ARTICLE I </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><U>SPONSOR SUPPORT AGREEMENT; COVENANTS </U></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">1.1 <U>Binding Effect of Business Combination Agreement</U>. Each Sponsor Party hereby acknowledges that it has read the Business Combination
Agreement and this Deed. Each Sponsor Party shall be bound by and comply with Section&nbsp;8.2 (<I><FONT STYLE="white-space:nowrap">Non-Solicit</FONT></I>), Section&nbsp;8.3 (<I>Preparation of Joint Proxy Statement/Prospectus; SPAC
Shareholders&#146; Meeting and </I><I>Approvals; Company Shareholders&#146; Meeting and Approvals</I>) and Section&nbsp;11.11 (<I>Publicity</I>) of the Business Combination Agreement as if such Sponsor Party was an original signatory to the Business
Combination Agreement with respect to such provisions. </P> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">1.2 <U>No Transfer</U>. Other than pursuant to this Deed, each Sponsor Party shall