SEC Contract Filing

Filing Date: 2023-07-27

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>6
<FILENAME>ea182296ex10-2_keenvision.htm
<DESCRIPTION>INVESTMENT MANAGEMENT TRUST AGREEMENT, DATED JULY 24, 2023, BY AND BETWEEN CONTINENTAL STOCK TRANSFER & TRUST COMPANY AND THE COMPANY
<TEXT>
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<P STYLE="margin: 0; text-align: right"><B>Exhibit 10.2</B></P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">INVESTMENT MANAGEMENT TRUST AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Investment Management
Trust Agreement (this &ldquo;Agreement&rdquo;) is made effective as of July 24, 2023 by and between Keen Vision Acquisition Corporation,
a British Virgin Islands company (the &ldquo;Company&rdquo;), and Continental Stock Transfer &amp; Trust Company, a New York limited liability
trust company (&ldquo;Trustee&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, the Company&rsquo;s
registration statement on Form S-1, No. 333-269659 (the &ldquo;Registration Statement&rdquo;) for the initial public offering of the Company&rsquo;s
units (the &ldquo;Units&rdquo;), each of which consists of one ordinary share of the Company, par value $0.0001 per share (the &ldquo;Ordinary
Share&rdquo;), and one redeemable warrant, each warrant to purchase one Ordinary Share at a price of $11.50 per full share, subject to
adjustment, terms and limitations as described in the Registration Statement (such initial public offering hereinafter referred to as
the &ldquo;IPO&rdquo;), has been declared effective as of the date hereof (&ldquo;Effective Date&rdquo;) by the U.S. Securities and Exchange
Commission (capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Registration Statement);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, the Company has entered
into an Underwriting Agreement, dated July 24, 2023 (the &ldquo;Underwriting Agreement&rdquo;), with EF Hutton, division of Benchmark
Investments, LLC (&ldquo;EF Hutton&rdquo;), and Brookline Capital Markets, a division of Arcadia Securities, LLC (&ldquo;Brookline&rdquo;),
the lead book running managing underwriters in the IPO;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, if a business combination
(&ldquo;Business Combination&rdquo;) is not consummated within the initial 9 month period following the closing of the IPO (&ldquo;Initial
Combination Period&rdquo;), the Company&rsquo;s insiders may extend such period two times by an additional three months each time, up
to a maximum of 15 months in the aggregate (the &ldquo;Paid Extension Period&rdquo;), to complete a Business Combination, with an automatic
six-month extension (the &ldquo;Automatic Extension Period&rdquo;) if the Company has executed a letter of intent, agreement in principle
or definitive agreement for an initial business combination during the Initial Combination Period or Paid Extension Period, to complete
a Business Combination. In order to avail itself of the Paid Extension Period to consummate a Business Combination, the insiders or their
affiliates or designees, upon five days advance notice prior to the applicable deadline (each, the &ldquo;Applicable Deadline&rdquo;),
shall deposit $1,300,000 (or $1,495,000 if the Underwriters&rsquo; over-allotment option is exercised in full) into the Trust Account
(as defined below) on or prior to the date of the Applicable Deadline for each three-month extension (each, an &ldquo;Extension&rdquo;),
in exchange for which the insiders will receive promissory notes;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, as described in the
Registration Statement, and in accordance with the Company&rsquo;s Amended and Restated Memorandum and Articles of Association, $131,625,000
of the gross proceeds of the IPO and a private placement taking place simultaneously therewith ($151,368,750 if the over-allotment option
is exercised in full), plus any amount eventually deposited on account of any Extension, will be delivered to the Trustee to be deposited
and held in the Trust Account for the benefit of the Company and the holders of the Ordinary Shares issued in the IPO as hereinafter provided
(the proceeds to be delivered to the Trustee, including the proceeds from any loans in connection with an Extension, if any, will be referred
to herein as the &ldquo;Property&rdquo;; the shareholders for whose benefit the Trustee shall hold the Property will be referred to as
the &ldquo;Public Shareholders,&rdquo; and the Public Shareholders and the Company will be referred to together as the &ldquo;Beneficiaries&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, pursuant to the Underwriting
Agreement, a portion of