SEC Contract Filing

Filing Date: 2020-02-13

Document Content:
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<TYPE>EX-10.3
<SEQUENCE>7
<FILENAME>d886016dex103.htm
<DESCRIPTION>EX-10.3
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<TITLE>EX-10.3</TITLE>
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<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 10.3 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>REGISTRATION RIGHTS AGREEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">THIS REGISTRATION RIGHTS AGREEMENT (this &#147;<B><I>Agreement</I></B>&#148;), dated as of February&nbsp;10, 2020, is made and entered into by
and among CITIC Capital Acquisition Corp., a Cayman Islands exempted company (the &#147;<B><I>Company</I></B>&#148;), CITIC Capital Acquisition LLC, a Cayman Islands limited liability company (the &#147;<B><I>Sponsor</I></B>&#148;) and each of the
undersigned parties listed on the signature page hereto under &#147;Holders&#148; (each such party, together with the Sponsor and any person or entity who hereafter becomes a party to this Agreement pursuant to <U>Section</U><U></U><U>&nbsp;5.2</U>
of this Agreement, a &#147;<B><I>Holder</I></B>&#148; and collectively the &#147;<B><I>Holders</I></B>&#148;). </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>RECITALS </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, the Company has 6,900,000 Class&nbsp;B ordinary shares, par value $0.0001 per share (the &#147;<B><I>Founder
Shares</I></B>&#148;), issued and outstanding, up to 900,000 of which will be surrendered to the Company for no consideration depending on the extent to which the underwriters of the Company&#146;s initial public offering exercise their
over-allotment option; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, the Founder Shares are convertible into Class&nbsp;A ordinary shares of the Company, par value
$0.0001 per share (the <B>&#147;</B><B><I>Ordinary Shares</I></B>&#148;), on the terms and conditions provided in the Company&#146;s amended and restated memorandum and articles of association; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, on the date hereof, the Company and the Sponsor entered into that certain Private Placement Warrants Purchase Agreement (the
&#147;<B><I>Private Placement Warrants Purchase Agreement</I></B>&#148;), pursuant to which the Sponsor agreed to purchase an aggregate of 6,800,000 private placement warrants (or up to 7,520,000 warrants to the extent that the over-allotment option
in connection with the Company&#146;s initial public offering is exercised) (the &#147;<B><I>Private Placement Warrants</I></B>&#148;) in a private placement transaction occurring simultaneously with the closing of the Company&#146;s initial public
offering; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, in order to finance the Company&#146;s transaction costs in connection with its search for and consummation of
an initial Business Combination (as defined below), the Sponsor, its affiliates or any of the Company&#146;s officers and directors may loan to the Company funds as the Company may require, of which up to $1,500,000 of such loans may be convertible
into private placement-equivalent warrants (&#147;<B><I>Working Capital Warrants</I></B>&#148;) at a price of&nbsp;$1.00 per warrant at the option of the lender; and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, the Company and the Holders desire to enter into this Agreement, pursuant to which the Company shall grant the Holders certain
registration rights with respect to certain securities of the Company, as set forth in this Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>NOW</B>,<B> THEREFORE</B>, in
consideration of the representations, covenants and agreements contained herein, and certain other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound,
hereby agree as follows: </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE I </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>DEFINITIONS </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">1.1
<U>Definitions</U>. The terms defined in this <I><U>Article I</U></I> shall, for all purposes of this Agreement, have the respective meanings set forth below: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Adverse</I></B> <B><I>Disclosure</I></B>&#148; shall mean any public disclosure of material
<FONT STYLE="white-space:nowrap">non-public</FONT> information, which disclosure, in the good faith judgment of the Chief Executive Officer or principal financial officer of the Company, after consultation with counsel to the Company, (i)&nbsp;would
be required to be made in any Registration Statement or Prospectus in order for the applicable Registration Statement or Prospectus not to contain any untrue statement of a material fact or omit to state a material fact necessary to make the
statements contained therein (in the case of any prospectus and any preliminary prospectus, in the light of the circumstances under which they were made) not misleading, (ii)&nbsp;would