SEC Contract Filing

Filing Date: 2021-04-19

Document Content:
<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>7
<FILENAME>nt10020227x19_ex10-4.htm
<DESCRIPTION>EXHIBIT 10.4
<TEXT>
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 <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 10.4</font><br>
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 <div style="text-align: right;">&#160;April 13, 2021</div>
 <div>&#160;</div>
 <div>TCV Acquisition Corp.</div>
 <div>250 Middlefield Road </div>
 <div>Menlo Park, CA 94025 </div>
 <div>&#160;</div>
 <div style="text-indent: 36pt;">Re: Initial Public Offering</div>
 <div>&#160;</div>
 <div>Ladies and Gentlemen:</div>
 <div>&#160;</div>
 <div>This letter (this &#8220;<font style="font-weight: bold; font-style: italic;">Letter Agreement</font>&#8221;) is being delivered to you in accordance with the Underwriting Agreement (the &#8220;<font style="font-weight: bold; font-style: italic;">Underwriting
 Agreement</font>&#8221;) entered into by and among TCV Acquisition Corp., a Cayman Islands exempted company (the &#8220;<font style="font-weight: bold; font-style: italic;">Company</font>&#8221;), <font style="color: #000000;">Citigroup Global Markets Inc.,
 Goldman Sachs &amp; Co. LLC and Morgan Stanley &amp; Co. LLC</font>, as representatives (the &#8220;<font style="font-weight: bold; font-style: italic;">Representatives</font>&#8221;) of the several underwriters (the &#8220;<font style="font-weight: bold; font-style: italic;">Underwriters</font>&#8221;), relating to an underwritten initial public offering (the &#8220;<font style="font-weight: bold; font-style: italic;">Public Offering</font>&#8221;) of 40,000,000 of the Company&#8217;s Class A ordinary shares, par value
 $.0001 (the &#8220;<font style="font-weight: bold; font-style: italic;">Ordinary Shares</font>&#8221;) (including 5,000,000 Ordinary Shares that may be purchased pursuant to the Underwriters&#8217; option to purchase Ordinary Shares to cover over-allotments. The
 Ordinary Shares will be sold in the Public Offering pursuant to a registration statement on Form S-1 and a prospectus (the &#8220;<font style="font-weight: bold; font-style: italic;">Prospectus</font>&#8221;) filed by the Company with the U.S. Securities and
 Exchange Commission (the &#8220;<font style="font-weight: bold; font-style: italic;">Commission</font>&#8221;). Certain capitalized terms used herein are defined in <u>paragraph 1</u> hereof.</div>
 <div>&#160;</div>
 <div>In order to induce the Company and the Underwriters to enter into the Underwriting Agreement and to proceed with the Public Offering and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, TCV
 Acquisition Holdings, L.P. and TCV Acquisition Holdings 2, L.P. (collectively, the &#8220;<font style="font-weight: bold; font-style: italic;">Sponsor</font>&#8221;), and each of the undersigned (each, an &#8220;<font style="font-weight: bold; font-style: italic;">Insider</font>&#8221;
 and, collectively, the &#8220;<font style="font-weight: bold; font-style: italic;">Insiders</font>&#8221;) hereby agree with the Company as follows:</div>
 <div>&#160;</div>
 <div>1. <u>Definitions</u>. As used herein, (i) &#8220;<font style="font-weight: bold; font-style: italic;">Business Combination</font>&#8221; shall mean a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination
 with one or more businesses or entities; (ii) &#8220;<font style="font-weight: bold; font-style: italic;">Founder Shares</font>&#8221; shall mean the 10,000,000 Class B ordinary shares of the Company, par value $0.0001 per share, outstanding prior to the
 consummation of the Public Offering; (iii) &#8220;<font style="font-weight: bold; font-style: italic;">Private Placement Shares</font>&#8221; shall mean the Ordinary Shares of the Company that will be acquired by the Sponsor&#160; for an aggregate purchase price of
 $10,000,000 (or up to $11,000,000 if the Underwriters&#8217; exercise their option to purchase additional Ordinary Shares in full), at $10.00 per share, in a private placement that shall close simultaneously with the consummation of the Public Offering;
 (iv) &#8220;<font style="font-weight: bold; font-style: italic;">Public Shareholders</font>&#8221; shall mean the holders of Ordinary Shares issued in the Public Offering; (v) &#8220;<font style="font-weight: bold; font-style: italic;">Public Shares</font>&#8221; shall
 mean the Ordinary Shares issued in the Public Offering; (vi) &#8220;<font style="font-weight: bold; font-style: italic;">Trust Account</font>&#8221; shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of
 the Private Placement Shares shall be deposited; (vii) &#8220;<font style="font-weight: bold; font-style: italic;">Transfer</font>&#8221; shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to
 purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16
 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part,
 any of the economic consequences of ownership of any security, whether any such t