SEC Contract Filing

Filing Date: 2020-12-21

Document Content:
<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>8
<FILENAME>tm2038766d1ex10-4.htm
<DESCRIPTION>EXHIBIT 10.4
<TEXT>
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<P STYLE="text-align: right; margin: 0"><B>Exhibit 10.4</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">KINS Technology Group Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Four Palo Alto Square, Suite 200<BR>
3000 El Camino Real<BR>
Palo Alto, CA 94306</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">December 14, 2020</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">KINS Capital LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">Four Palo Alto Square, Suite 200<BR>
3000 El Camino Real<BR>
Palo Alto, CA 94306</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Re: Administrative Services Agreement</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">Gentlemen:</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">This letter agreement by and between KINS Technology Group Inc.,
a Delaware corporation (the &ldquo;<B><I>Company</I></B>&rdquo;), and KINS Capital LLC, a Delaware limited liability company (&ldquo;<B><I>KINS
Capital</I></B>&rdquo;), dated as of the date hereof, will confirm our agreement that, commencing on the date the securities of
the Company are first listed on The Nasdaq Capital Market (the &ldquo;<B><I>Listing Date</I></B>&rdquo;) and continuing until the
earlier of the consummation by the Company of an initial business combination and the Company&rsquo;s liquidation (in each case
as described in the Registration Statement on Form S-1 (File No. 333-249177) filed with the Securities and Exchange Commission)
(such earlier date hereinafter referred to as the &ldquo;<B><I>Termination Date</I></B>&rdquo;):</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">1.</TD><TD>KINS Capital shall make available to the Company, at Four Palo Alto Square, Suite 200, 3000 El Camino Real, Palo Alto, CA 94306
(or any successor location or other existing office locations of KINS Capital or any of its affiliates), certain office space,
administrative and support services, including compliance services, as may be reasonably requested by the Company. In exchange
therefor, the Company shall pay, on the first day of each month, to KINS Capital the sum of $20,000 per month commencing on the
Listing Date and continuing monthly thereafter until the Termination Date; and</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">2.</TD><TD>KINS Capital hereby irrevocably waives any and all right, title, interest, causes of action and claims of any kind or nature
whatsoever (each, a &ldquo;<B><I>Claim</I></B>&rdquo;) in or to, and any and all right to seek payment of any amounts due to it
out of, the trust account established for the benefit of the public stockholders of the Company and into which substantially all
of the proceeds of the Company&rsquo;s initial public offering will be deposited (the &ldquo;<B><I>Trust Account</I></B>&rdquo;),
and hereby irrevocably waives any Claim it presently has or may have in the future as a result of, or arising out of, this letter
agreement, which Claim would reduce, encumber or otherwise adversely affect the Trust Account or any monies or other assets in
the Trust Account, and further agrees not to seek recourse, reimbursement, payment or satisfaction of any Claim against the Trust
Account or any monies or other assets in the Trust Account for any reason whatsoever.</TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This letter agreement constitutes the entire agreement and understanding
of the parties hereto in respect of its subject matter and supersedes all prior understandings, agreements, or representations
by or among the parties hereto, written or oral, to the extent they relate in any way to the subject matter hereof or the transactions
contemplated hereby.</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">This letter agreement may not be amended, modified or waived
as to any particular provision, except by a written instrument executed by all parties hereto.</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">No party hereto may assign either this letter agreement or any
of its rights, interests, or obligations hereunder without the prior written approval of the other party, provided that KINS Capital
may assign this letter agreement to an a