SEC Contract Filing

Filing Date: 2019-02-26

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>6
<FILENAME>tv514540_ex10-1.htm
<DESCRIPTION>EXHIBIT 10.1
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<P STYLE="margin: 0; text-align: right"><B>Exhibit 10.1</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">February 21, 2019</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">Acamar Partners Acquisition Corp.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">1450 Brickell Avenue, Suite 2130</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Miami, Florida 33131</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">Re:&nbsp;&nbsp;&nbsp;&nbsp;<U>Initial Public Offering</U></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">Ladies and Gentlemen:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 24.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 24.5pt">This letter (this
&ldquo;<B><I>Letter Agreement</I></B>&rdquo;) is being delivered to you in accordance with the Underwriting Agreement (the &ldquo;<B><I>Underwriting
Agreement</I></B>&rdquo;) entered into or proposed to be entered into by and between Acamar Partners Acquisition Corp., a Delaware
corporation (the &ldquo;<B><I>Company</I></B>&rdquo;), and Goldman Sachs&nbsp;&amp; Co. LLC and Deustche Bank Securities Inc.,
as the representatives (the &ldquo;<B><I>Representatives</I></B>&rdquo;) of the several underwriters (each an &ldquo;<B><I>Underwriter</I></B>&rdquo;
and collectively, the &ldquo;<B><I>Underwriters</I></B>&rdquo;), relating to an underwritten initial public offering (the &ldquo;<B><I>Public
Offering</I></B>&rdquo;), of 34,500,000 of the Company&rsquo;s units (including up to 4,500,000 units that may be purchased to
cover the Underwriters&rsquo; option to purchase additional units, if any) (the &ldquo;<B><I>Units</I></B>&rdquo;), each comprised
of one share of Class&nbsp;A common stock of the Company, par value $0.0001 per share (the &ldquo;<B><I>Class&nbsp;A Common Stock</I></B>&rdquo;),
and&nbsp;one-third&nbsp;of one warrant (each, a &ldquo;<B><I>Warrant</I></B>&rdquo;). Each whole Warrant entitles the holder thereof
to purchase one share of Class&nbsp;A Common Stock at a price of $11.50 per share, subject to adjustment. The Units shall be sold
in the Public Offering pursuant to a registration statement on Form&nbsp;S-1&nbsp;and prospectus (the &ldquo;<B><I>Prospectus</I></B>&rdquo;)
filed by the Company with the Securities and Exchange Commission (the &ldquo;<B><I>Commission</I></B>&rdquo;). Certain capitalized
terms used herein are defined in paragraph&nbsp;11 hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 24.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 24.5pt">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, Acamar Partners Sponsor I LLC, a
Delaware limited liability company (the &ldquo;<B><I>Sponsor</I></B>&rdquo;) and each of the undersigned persons, each of whom
is an officer and/or director of the Company (each, such other undersigned persons, an &ldquo;<B><I>Insider</I></B>&rdquo; and
collectively, the &ldquo;<B><I>Insiders</I></B>&rdquo;), hereby agrees with the Company as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 24.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 24.5pt">1. The Sponsor and
each Insider agrees that if the Company seeks stockholder approval of a proposed Business Combination, then in connection with
such proposed Business Combination, it, he or she shall (i)&nbsp;vote any Shares owned by it, him or her in favor of such proposed
Business Combination and (ii)&nbsp;not redeem any Shares owned by it, him or her in connection with such stockholder approval.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 24.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 24.5pt">2. The Sponsor and
each Insider hereby agrees that in the event that the Company fails to consummate a Business Combination within 24 months from
the date of the closing of the Public Offering, or such later period approved by the Company&rsquo;s stockholders in accordance
with the Company&rsquo;s amended and restated certificate of incorporation, the Sponsor and each Insider shall take all reasonable
steps to cause the Company to (i)&nbsp;cease all operations except for the purpose of winding up, (ii)&nbsp;as promptly as reasonably
possible but not more than ten (10)&nbsp;business days thereafter, subject to lawfully available funds therefor, redeem 100% of
the shares of Class&nbsp;A Common Stock sold as part of the Units in the Public Offering (the &ldquo;<B><I>Offering Shares</I></B>&rdquo;),
at a per share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest (which
interest shall be net of taxes payable and less up to $100,000 of interest to pay dissolution expenses), divided by the number
of then outstanding Offering Shares, which redemption