SEC Contract Filing

Filing Date: 2021-03-01

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>d138495dex101.htm
<DESCRIPTION>EX-10.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-10.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

<Center><DIV STYLE="width:8.5in" align="left">
 <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="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt">

<IMG SRC="g138495dsp1logo1.gif" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>DEED OF ADAPTATION OF THE COVENANTS RELATING TO LOAN </U></B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>No. 0IC1043966578 </U></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">With this private agreement </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>- INTESA
SANPAOLO S.p.A.</B> <B>-</B> hereinafter called &#147;Bank&#148; - the <B>parent company of the INTESA SANPAOLO</B> Banking Group enrolled in the Association of Banking Groups, with registered office in Turin, Piazza San Carlo, 156 and secondary
office in Milan, Via Monte di Piet&agrave;, 8, Tax&nbsp;ID&nbsp;no.&nbsp;<B>00799960158, </B>Representative of the &#147;Intesa Sanpaolo&#148; VAT Group, VAT no. <B>11991500015 (IT11991500015)</B>, Member of the Interbank Deposit-Security Fund and
the National Guarantee Fund, share capital (fully paid up) <B>Euro 10,084,445,147.92, </B>registered at the Business Register - <B>Turin </B>Office under no. <B>00799960158 </B>and the Bank Register under no. <B>5361, </B>in the person of GIORGIO
GARBERI, born in Voghera on 04/05/1964 as Middle Manager domiciled for the purpose in Milan, Piazza Emilia no. 6, at the Milan Porta Vittoria Business Branch of Intesa Sanpaolo S.p.A., as authorised by the
<FONT STYLE="white-space:nowrap">by-laws</FONT> in force; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">- The Company <B>KALEYRA SPA</B> with registered office in Milan (MI), Via Teodosio no. 65,
share capital of Euro 117,408.00, paid up for Euro 110,593.00, Tax ID and Business Register &#151; Milan, Monza, Brianza, Lodi Office no. 12716960153, VAT no. 12716960153, in the person of GIARDINA PAPA LUCA, born on 29/04/1963, in Limbiate, as the
legal representative and Board Member of the Company, domiciled for the purpose at the registered office, as authorised by the minutes of the Board of Directors&#146; meeting of 26/06/2018, hereinafter also called &#147;Borrower&#148;. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">******** </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Whereas: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">- with deed of 23/07/2018 no. 01C1048337871 the bank <B>INTESA SANPAOLO S.p.A.</B>&nbsp;(now the &#147;Bank&#148;) entered with KALEYRA S.p.A. (tax ID
12716960153) a loan contract for a value of euro 1,500,000.00 (euro one million five hundred thousand /00) and with a duration of 36 months (the &#147;Contract&#148; or the &#147;Loan Contract&#148;), </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">- with deed dated 25/07/2019 the Loan Contract was renegotiated and the Parties agreed some variations, including the adjustment of the financial parameters
in art. 7 point <I>f) </I>of the Contract (hereinafter the &#147;<B>Deed of Renegotiation</B>&#148;) which led to the replacement of Annex B of the Contract with Annex B1; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">- which, until the definitive extinguishment of all the obligations deriving from the above-mentioned loan, the Borrower has undertaken, <I>inter alia,</I>
pursuant to the aforesaid art. 7 point <I>f)</I> of the Loan Contract to respect the financial parameters detailed in annex &#147;B&#148; to the Contract; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">- in the event of default, the Bank, without prejudice to the right to terminate the Loan Contract pursuant to Articles 7(<I>f)</I> and 9(<I>B)</I> of the
Loan Contract, is entitled to apply an increase in the spread of 0.50% per annum on the residual debt arising from the aforesaid loan, as set forth in Annex&#147;B1&#148; to the Loan Agreement; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In light of the foregoing, which is considered to be an integral and substantive part of this Contract, the Parties hereby agree as follows: </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #ff0000">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Intesa Sanpaolo S.p.A. Sede Legale: Piazza S. Carlo, 156 10121 Torino Sede Secondaria: Via Monte di Piet&#224;, 8 20121 Milano Capitale Sociale Euro
10.084.445.147,92 Registro delle Imprese di Torino e Codice Fiscale 00799960158 Representante del Gruppo IVA &#147;Intesa Sanpaolo&#148; Partita IVA 11991500015 (IT11991500015) N. Iscr. Albo Banche 5361 Codice ABI 3069.2 Aderente al Fondo
Interbancario di Tutela dei Depositi e al Fondo Nazionale di Garanzia Copogruppo del gruppo bancario &#147;Intesa Sanpaolo&#148; iscritto all&#146;Albo dei Gruppi Bancari </P>

</DIV></Center>

<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt;