SEC Contract Filing

Filing Date: 2019-09-20

Document Content:
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<TYPE>EX-10.1
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<FILENAME>d801480dex101.htm
<DESCRIPTION>EX-10.1
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<TITLE>EX-10.1</TITLE>
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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="center"><B>AMENDMENT NO. 1 TO THE INVESTMENT MANAGEMENT TRUST AGREEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This Amendment No.&nbsp;1 (this &#147;<I>Amendment</I>&#148;) to the Investment Management Trust Agreement (as defined below) is made by and
between TPG Pace Holdings Corp., a Cayman Islands exempted company (the &#147;<I>Company</I>&#148;) and Continental Stock Transfer&nbsp;&amp; Trust Company, a New York corporation (the &#147;Trustee&#148;). Capitalized terms used herein but not
specifically defined shall have the meanings ascribed to such terms in the Investment Management Trust Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, the Company
and the Trustee are parties to the Investment Management Trust Agreement, dated as of June&nbsp;27, 2017 (the &#147;<I>Investment Management Trust Agreement</I>&#148;); </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, Section&nbsp;1(i) of the Investment Management Trust Agreement sets forth the terms that govern the liquidation of the Trust Account
under circumstances described therein; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, at an extraordinary general meeting of shareholders of the Company held on
September&nbsp;20, 2019, the Company&#146;s shareholders approved (i)&nbsp;a proposal (the &#147;<I>Extension Amendment Proposal</I>&#148;) to amend the Company&#146;s amended and restated memorandum and articles of association (the
&#147;<I>Articles</I>&#148;) to extend the date by which the Company has to consummate a business combination (the &#147;<I>Extension</I>&#148;) from September&nbsp;30, 2019 to December&nbsp;31, 2019 (the &#147;<I>Extended Date</I>&#148;) and
(ii)&nbsp;a proposal to extend the date on which to commence liquidating the Trust Account established in connection with the Company&#146;s initial public offering in the event the Company has not consummated a business combination to the Extended
Date; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, on the date hereof, the Company is filing the amendment to the Company&#146;s Articles with the Cayman Islands. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">NOW, THEREFORE, IT IS AGREED: </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">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">Section&nbsp;1(i) of the Investment Management Trust Agreement is hereby amended and restated in its entirety
to read as follows: </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">&#147;(i) Commence liquidation of the Trust Account only after and promptly after (x)&nbsp;receipt
of, and only in accordance with, the terms of a letter from the Company (&#147;<B><I>Termination Letter</I></B>&#148;) in a form substantially similar to that attached hereto as either Exhibit A or Exhibit B signed on behalf of the Company by its
Chief Executive Officer, Chief Financial Officer, or Chairman of the board of directors (the &#147;<B><I>Board</I></B>&#148;) of the Company or other authorized officer of the Company, and complete the liquidation of the Trust Account and distribute
the Property in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to the Company to fund its working capital requirements, subject to an annual limit of $750,000, and/or to pay its taxes
(less up to $100,000 of interest that may be released to the Company to pay dissolution expenses), only as directed in the Termination Letter and the other documents referred to therein; provided, that, in the case a Termination Letter in the form
of Exhibit A is received, or (y)&nbsp;on December&nbsp;31, 2019, if a Termination Letter has not been received by the Trustee prior to such date, in which case the Trust Account shall be liquidated in accordance with the procedures set forth in the
Termination Letter attached as Exhibit B and the Property in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to the Company to fund its working capital requirements, subject to an
annual limit of $750,000, and/or to pay its taxes (less up to $100,000 of interest that may be released to the Company to pay dissolution expenses), shall be distributed to the Public Shareholders of record as of such date; provided, however, that
in the event the Trustee receives a Termination Letter in a form substantially similar to Exhibit B hereto, or if the Trustee begins to liquidate the Property because it has received no such Termination Letter by December&nbsp;31, 2019, the Trustee
shall keep the Trust Account open until twelve (12)&nbsp;months following the date the Property has been distributed to the Public Shareholders;&#148; </P>
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