SEC Contract Filing

Filing Date: 2021-12-10

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>tm2135046d1_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">CC Neuberger Principal Holdings II</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">200 Park Avenue, 58th Floor</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">New York, NY 10166</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">December 9, 2021</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">Neuberger Berman Opportunistic Capital Solutions Master Fund LP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">c/o Neuberger Berman Investment Advisers LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">1290 Avenue of the Americas</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">New York, New York 10104</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><U>Letter Agreement re: Forward Purchase Agreement
and Backstop Agreement</U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Ladies and Gentlemen:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Reference is hereby made to
(a) that certain Forward Purchase Agreement, dated as of August 4, 2021 (the &#8220;<U>Forward Purchase Agreement</U>&#8221;), by and
among CC Neuberger Principal Holdings II, a Cayman Islands exempted limited company (&#8220;<U>CCNB</U>&#8221;) and Neuberger Berman Opportunistic
Capital Solutions Master Fund LP, a Cayman Islands exempted limited partnership (&#8220;<U>Purchaser</U>&#8221;), pursuant to which Purchaser
has agreed, subject to the terms and conditions set forth therein, to purchase from CCNB the Forward Purchase Shares for the FPS Purchase
Price and (b) that certain Backstop Agreement, dated as of November 16, 2020 (the &#8220;<U>Backstop Agreement</U>&#8221;), by and between
CCNB and Purchaser, pursuant to which Purchaser has agreed, subject to the terms and conditions set forth therein, to purchase from CCNB
the Backstop Purchase Shares for the BPS Purchase Price. Unless otherwise provided herein, capitalized terms used but not defined in this
letter agreement shall have the meanings ascribed to such terms in the Forward Purchase Agreement or the Backstop Agreement, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Simultaneously with the
execution of this letter agreement, CCNB has entered into that certain Business Combination Agreement, by and among CCNB, Vector
Holding, LLC, a Delaware limited liability company and wholly-owned subsidiary of CCNB (&#8220;<U>New CCNB</U>&#8221;), Vector
Merger Sub 1, LLC, a Delaware limited liability company (&#8220;<U>G Merger Sub 1</U>&#8221;), Vector Merger Sub 2, LLC, a Delaware
limited liability company (&#8220;<U>G Merger Sub 2</U>&#8221;), Vector Domestication Merger Sub, LLC, a Delaware limited liability
company (&#8220;<U>Domestication Merger Sub</U>&#8221;), Griffey Global Holdings, Inc., a Delaware corporation (the
 &#8220;<U>Company</U>&#8221;), and the other parties thereto (as the same may be amended, modified or supplemented from time to
time, the &#8220;<U>Business Combination Agreement</U>&#8221;), pursuant to which, among other things, (a) (i) on the Business Day
(as defined in the Business Combination Agreement) prior to the Closing, New CCNB will convert into a Delaware corporation with a
certificate of incorporation (the &#8220;<U>New CCNB Pre-Closing Certificate of Incorporation</U>&#8221;) in a form consistent with
the articles of incorporation of CCNB prior to the Domestication Merger, and (ii) prior to the Closing, on the Closing Date, CCNB
will merge with and into Domestication Merger Sub, with Domestication Merger Sub surviving (the &#8220;<U>Domestication
Merger</U>&#8221;) as a direct subsidiary of New CCNB and New CCNB will continue as the public company, (b) on the Closing Date at
the Closing, (i) G Merger Sub 1 will merge with and into the Company, with the Company surviving as a subsidiary of Domestication
Merger Sub and an indirect subsidiary of New CCNB, and (ii) the Company will merge with and into G Merger Sub 2, with G Merger Sub 2
surviving as a direct subsidiary of Domestication Merger Sub and an indirect subsidiary of New CCNB, (c) on the Closing Date, at the
Closing, and following the consummation of the PIPE Investment (as defined in the Business Combination Agreement), New CCNB will
amend and restate the New CCNB Pre-Closing Certificate of Incorporation to provide for, among other things, Class A common stock,
par value $0.0001 per share (the &#8220;<U>New CCNB Class A Common Shares</U>&#8221;), and Class B common stock, par value $0.0001
per share (the &#8220;<U>New CCNB Class B Common Shares</U>&#8221;), whi