SEC Contract Filing

Filing Date: 2023-07-21

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>4
<FILENAME>tm2321641d1_ex10-2.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; margin: 0"><B>Exhibit 10.2</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SHAREHOLDER SUPPORT AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
Shareholder Support Agreement (this &ldquo;<U>Agreement</U>&rdquo;) is dated as of July&nbsp;21, 2023, by and among Chenghe Acquisition
Co., a Cayman Islands exempted company limited by shares (&ldquo;<U>SPAC</U>&rdquo;), the Persons set forth on Part&nbsp;I of <U>Schedule
I</U> hereto (each, a &ldquo;<U>Company Shareholder</U>&rdquo; and, collectively, the &ldquo;<U>Company Shareholders</U>&rdquo;), Taiwan
Color Optics,&nbsp;Inc., a company incorporated and in existence under the Laws of Taiwan with uniform commercial number of 25052644
(the &ldquo;<U>Company</U>&rdquo;), the Persons set forth on Part&nbsp;II of <U>Schedule I</U> hereto (each, a &ldquo;<U>CayCo Shareholder</U>&rdquo;,
and collectively, the &ldquo;<U>CayCo Shareholders</U>&rdquo;, and together with the Company Shareholders, the &ldquo;<U>Shareholders</U>&rdquo;)
and </FONT>SEMILUX INTERNATIONAL LTD., a Cayman Islands exempted company limited by shares (&ldquo;<U>CayCo</U>&rdquo;). Capitalized
terms used but not defined herein shall have the respective meanings ascribed to such terms in the Business Combination Agreement (as
defined below).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>RECITALS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">WHEREAS, as of the date hereof,
the Company Shareholders and CayCo Shareholders are the holders of record and the &ldquo;beneficial owners&rdquo; (within the meaning
of Rule&nbsp;13d-3 under the Exchange Act) of such number of Company Shares or CayCo Ordinary Shares, as applicable, as are indicated
opposite each of their names on <U>Schedule I</U> attached hereto (all such Company Shares and CayCo Ordinary Shares, together with any
Company Shares or CayCo Ordinary Shares of which ownership of record or the power to vote (including, without limitation, by proxy or
power of attorney) is hereafter acquired by any such Company Shareholder or CayCo Shareholder during the period from the date hereof
through the Expiration Time (as defined below) are referred to herein as the &ldquo;<U>Subject Shares</U>&rdquo;);</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
contemporaneously with the execution and delivery of this Agreement, SPAC, the Company, </FONT>CayCo and SEMILUX LTD., a Cayman Islands
exempted company limited by shares and a direct wholly owned subsidiary of the CayCo (&ldquo;<U>Merger Sub</U>&rdquo;), have entered
into a Business Combination Agreement (as amended, restated, modified or supplemented from time to time, together with any letter, schedule,
attachment, appendix and exhibit attached or referenced thereto, the &ldquo;<U>Business Combination Agreement</U>&rdquo;), dated as of
the date hereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">WHEREAS, CayCo and the Company
have delivered to SPAC the fully executed Phase I Restructuring Documents as of the date of this Agreement, and CayCo and the Company
will conduct and consummate the TCO Restructuring at least one (1)&nbsp;Business Day before the Closing Date;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">WHEREAS, upon the terms and
subject to the conditions of the Business Combination Agreement and in accordance with the applicable provisions of the Companies Act
(As Revised) of the Cayman Islands, the parties thereto desire to enter into a business combination transaction, whereby immediately
after the TCO Restructuring Closing and at the Merger Effective Time, Merger Sub will merge with and into SPAC, the separate corporate
existence of Merger Sub will cease and SPAC will be the surviving corporation and a wholly owned subsidiary of CayCo (the &ldquo;<U>Merger</U>&rdquo;),
and SPAC will change its name to &ldquo;SEMILUX LTD.&rdquo;;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">WHEREAS, as a condition and
inducement to SPAC&rsquo;s willingness 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="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">NOW, THER