SEC Contract Filing

Filing Date: 2025-07-31

Document Content:
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<DESCRIPTION>EX-10.2
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<DIV><FONT size="1" style="font-size:1pt;color:white">Exhibit 10.2 PARENT GUARANTEE AND PLEDGE AGREEMENT THIS PARENT GUARANTEE AND PLEDGE AGREEMENT (as it may be amended, restated, amended and restated, supplemented or otherwise modified from time to time, this &#8220;Agreement&#8221;) is entered into as of July 28, 2025, by CoreWeave, Inc., a Delaware corporation (the &#8220;Guarantor&#8221;), CCAC VII Holdco LLC, a Delaware limited liability company (the &#8220;Pledgor&#8221;) and U.S. Bank Trust Company, National Association, in its capacity as collateral agent (the &#8220;Collateral Agent&#8221;) for the Lenders and the other Secured Parties. PRELIMINARY STATEMENTS A. On even date herewith, CoreWeave Compute Acquisition Co. VII, LLC, a Delaware limited liability company (the &#8220;Initial Borrower&#8221;), CoreWeave Compute Acquisition Co. V, LLC, a Delaware limited liability company (the &#8220;Co-Borrower&#8221; and together with the Initial Borrower, the &#8220;Borrowers&#8221; and each a &#8220;Borrower&#8221;) entered into that certain Credit Agreement with MUFG Bank, Ltd. as the Administrative Agent, U.S. Bank Trust Company, National Association as the Collateral Agent, U.S. Bank National Association, as Depositary Bank and the financial institutions party thereto as &#8220;Lenders&#8221; (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the &#8220;Credit Agreement&#8221;), pursuant to which the Lenders have agreed to make loans to the Borrowers for the purposes and subject to the terms and conditions set forth therein. B. The Pledgor and the Guarantor have each determined that valuable benefits will be derived by it as a result of the Credit Agreement and the extensions of credit made (and to be made) by the Lenders thereunder. ACCORDINGLY, the Guarantor, the Pledgor and the Collateral Agent, on behalf of the Secured Parties, hereby act and agree as follows: ARTICLE I. DEFINITIONS Section 1.1 Terms Defined in Credit Agreement. All capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the Credit Agreement. Section 1.2 Terms Defined in UCC. Terms defined in the UCC which are not otherwise defined in this Agreement or the Credit Agreement are used herein as defined in the UCC. Section 1.3 Definitions of Certain Terms Used Herein. As used in this Agreement, in addition to the terms defined in the introductory paragraph hereto and in the Preliminary Statements, the following terms shall have the following meanings: &#8220;Amendment&#8221; shall have the meaning set forth in Section 6.2 hereof. &#8220;Article&#8221; shall mean a numbered article of this Agreement, unless another document is specifically referenced. &#8220;Bankruptcy Code&#8221; shall mean Title 11 of the United States Code entitled &#8220;Bankruptcy&#8221;, as now and hereafter in effect, or any successor statute. &#8220;Collateral&#8221; shall have the meaning set forth in Article III. </FONT></DIV>
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<DIV><FONT size="1" style="font-size:1pt;color:white"> 2 &#8220;Control&#8221; shall have the meaning contemplated by Article 8 or, if applicable, by Section 9-106 of Article 9 of the UCC. &#8220;Consolidated Adjusted EBITDA&#8221; shall have the meaning assigned to such term under the Revolving Credit Agreement. &#8220;Depositary Bank&#8221; shall mean a nationally recognized depositary bank acceptable to the Administrative Agent (acting reasonably). &#8220;Exhibit&#8221; shall refer to a specific exhibit to this Agreement (unless another document is specifically referenced) as from time to time supplemented by any Amendment. &#8220;General Intangible&#8221; shall have the meaning set forth in Article 9 of the UCC. &#8220;Governing Documents&#8221; shall mean the certificate of formation, the limited liability company agreement, and any other governing or organizational document of the Initial Borrower, together with all of the other agreements or understandings of any kind, nature, or description relating to the governance and management of the Initial Borrower and the corresponding legal and economic relationships of the owners of the Equity Interests in the Initial Borrower. &#8220;Guarantee&#8221; shall mean the guarantee pursuant to Article II hereof. &#8220;Guarantee Termination Date&#8221; shall mean the earlier to occur of (a) the Termination Date and (b) the first date on which the Parent Guarantee Fallaway Conditions are satisfied (or waived by the Required Lenders). &#8220;Guaranteed Obligations&#8221; shall mean Obligations of the Initial Borrower. For the avoidance of doubt, the Guaranteed Obligations shall exclude any and all Obligations of the Co-Borrower. &#8220;Guarantor&#8221; shall mean CoreWeave, Inc., a Delaware corporation. &#8220;Guarantor Bankruptcy Event&#8221; shall be deemed to occur if, at any time: (a) an involuntary proceeding shall be commenced or an involuntary petition shall be filed in a court of competent jurisdiction seeking (i) relief in respect of the Guarantor or of a substantial part of the property or assets of the Guarantor under Title 11 of the United States Code, as now constituted or hereafter amended, or any other federal, state or foreign bankruptcy, insolvency, receivership or similar law, (ii) the