SEC Contract Filing

Filing Date: 2021-12-13

Document Content:
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<TYPE>EX-10.1
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<FILENAME>d254561dex101.htm
<DESCRIPTION>EX-10.1
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.1 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">December&nbsp;8, 2021 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Target Global Acquisition I
Corp. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">PO Box 1093, Boundary Hall, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Cricket Square, Grand
Cayman, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap">KY1-1102,</FONT> Cayman Islands </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">Re:</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><U>Initial Public Offering</U> </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ladies and Gentlemen: </P> <P STYLE="margin-top:6pt; 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 Target Global Acquisition I Corp., a Cayman Islands exempted company
(the &#147;<B><I>Company</I></B>&#148;), and UBS Securities LLC and BofA Securities, Inc., as underwriters (the &#147;<B><I>Underwriters</I></B>&#148;), relating to an underwritten initial public offering (the
&#147;<B><I>Public</I></B><B><I></I></B><B><I>&nbsp;Offering</I></B>&#148;), of up to 23,000,000 of the Company&#146;s units (including up to 3,000,000 units that may be purchased to cover over-allotments, if any) (the
&#147;<B><I>Units</I></B>&#148;), each comprised of one of the Company&#146;s Class&nbsp;A ordinary shares, par value $0.0001 per share (the &#147;<B><I>Class</I></B><B><I></I></B><B><I>&nbsp;A Ordinary Shares</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 Class&nbsp;A Ordinary Share 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 Company has applied to have the Units listed on the Nasdaq Stock Market LLC. Certain
capitalized terms used herein are defined in paragraph 14 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 Target Global Sponsor Ltd. (the &#147;<B><I>Sponsor</I></B>&#148;) and the
undersigned individuals, each of whom is, or will be, a member of the Company&#146;s board of directors and/or management team or an employee of the Company (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="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">1.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">It is acknowledged and agreed that the Company shall not enter into a definitive agreement regarding a proposed
Business Combination without the prior written consent of the Sponsor. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="5%" VALIGN="top" ALIGN="left">2.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The Sponsor and each Insider agrees with the Company that if the Company seeks shareholder approval of a
proposed Business Combination, then in connection with such proposed Business Combination, it, he or she shall (i)&nbsp;vote any Ordinary Shares (as defined below) owned by it, him or her in favor of any proposed Business Combination and
(ii)&nbsp;not redeem any Ordinary Shares owned by it, him or her in connection with such shareholder 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 Ordinary Shares owned by it, him o