SEC Contract Filing

Filing Date: 2024-01-19

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>tm243726d1_ex10-1.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 5.55pt; margin-bottom: 0pt; text-align: right"><B>Exhibit 10.1</B></P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 5.35pt; margin-bottom: 0pt">THIS PROMISSORY NOTE (THIS &ldquo;NOTE&rdquo;)
AND THE SECURITIES INTO WHICH THE NOTE MAY BE CONVERTED HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE &ldquo;SECURITIES
ACT&rdquo;), OR UNDER THE SECURITIES LAWS OF ANY STATE. THIS NOTE HAS BEEN ACQUIRED FOR INVESTMENT ONLY AND THIS NOTE AND THE SECURITIES
INTO WHICH THIS NOTE MAY BE CONVERTED MAY NOT BE SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF REGISTRATION OF THE RESALE THEREOF UNDER
THE SECURITIES ACT OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY IN FORM, SCOPE AND SUBSTANCE TO THE MAKER THAT SUCH REGISTRATION IS
NOT REQUIRED.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0.5pt; margin-bottom: 0pt; text-align: center"><B>PROMISSORY NOTE</B></P>

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 <TD STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif; text-align: left">Principal Amount: $250,000</TD>
 <TD STYLE="text-align: right; width: 50%; font: 10pt Times New Roman, Times, Serif">Dated as of January 19, 2024</TD></TR>
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<P STYLE="text-indent: 0.25in; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 9.75pt; margin-bottom: 0pt">Cartesian Growth Corporation II,
a Cayman Islands exempted company (&ldquo;<B>Maker</B>&rdquo;), promises to pay to the order of CGC II Sponsor LLC, a Cayman Islands limited
liability company, or its registered assigns or successors in interest (&ldquo;<B>Payee</B>&rdquo;), the principal sum of Two Hundred
Fifty Thousand Dollars ($250,000) in lawful money of the United States of America, on the terms and conditions described below. All payments
on this Note shall be made by check or wire transfer of immediately available funds or as otherwise determined by Maker to such account
as Payee may from time to time designate by written notice in accordance with the provisions of this Note.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0.1in; margin-bottom: 0pt"><B>1.<FONT STYLE="font-family: Times New Roman, Times, Serif">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
</FONT>Principal. </B>The principal balance of this Note shall be payable on the earliest to occur of (i) the date on which Maker consummates
its initial business combination and (ii) the date that the winding up of Maker is effective (such date, the &ldquo;<B>Maturity Date</B>&rdquo;).
The principal balance may be prepaid at any time. Under no circumstances shall any individual, including but not limited to any officer,
director, employee or shareholder of Maker, be obligated personally for any obligations or liabilities of Maker hereunder.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> <B>2.</B> <B>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Interest.</B> No interest shall accrue on the unpaid principal balance of this Note.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> <B>3.</B> <B>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Drawdown.</B> Upon execution of this Note, Payee shall fund Two Hundred Fifty Thousand Dollars ($250,000).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 11.8pt; margin-bottom: 0pt"><B>4.<FONT STYLE="font-family: Times New Roman, Times, Serif">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
</FONT>Application of Payments.</B> All payments shall first be applied to the payment in full of any costs incurred in connection with
the collection of any sum due under this Note, including (without limitation) reasonable attorney&rsquo;s fees, then to the payment in
full of any late charges and finally to the reduction of the unpaid principal balance of this Note.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> <B>5.</B> <B>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Conversion.</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.25in; margin-top: 0pt; margin-right: 6.1pt; margin-bottom: 0pt">&#8239;&#8239;&#8239;(a)<FONT STYLE="font-family: Times New Roman, Times, Serif">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>At Payee&rs