Exhibit 10.2
Execution Version
STOCK PURCHASE AGREEMENT
This STOCK PURCHASE AGREEMENT (the “Agreement”), dated as of May 9, 2020, is entered into by and between Eventbrite, Inc., a Delaware corporation (the “Company”), and FP EB Aggregator, L.P., a Cayman Islands limited partnership (the “Buyer”).
WHEREAS, simultaneously with the execution and delivery of this Agreement, the Company is entering into that certain Credit Agreement, by and among the Company, the lenders party thereto and FP Credit Partners, L.P., as Administrative Agent (as defined therein) (the “Credit Agreement”);
WHEREAS, the Company wishes to issue and sell to the Buyer, and the Buyer wishes to purchase from the Company, an aggregate of 2,599,174 shares of Class A Common Stock, par value $0.00001 per share, of the Company (the “Class A Common Stock”) on the terms and conditions stated in this Agreement; and
WHEREAS, the Company and the Buyer will execute and deliver, among other things, a Registration Rights Agreement, substantially in the form attached hereto as Exhibit A (the “Registration Rights Agreement”), and a Nomination Agreement, substantially in the form attached hereto as Exhibit B (the “Nomination Agreement” and, together with the Registration Rights Agreement, the “Ancillary Agreements”), in connection with the purchase and sale of the Class A Common Stock.
NOW, THEREFORE, the Company and the Buyer hereby agree as follows:
1.PURCHASE AND SALE OF PURCHASED SHARES.
(a)Purchase and Sale of the Class A Common Stock. On the terms and subject to the conditions herein, at the Closing, the Company shall issue and sell to the Buyer, and the Buyer agrees to purchase from the Company, 2,599,174 shares of Class A Common Stock free and clear of any liens and other encumbrances (other than liens incurred by the Buyer and restrictions arising under applicable securities laws). The shares of Class A Common Stock to be issued and sold by the Company to the Buyer pursuant to this Agreement are referred to as the “Purchased Shares”.
(b)Purchase Price. The Buyer shall pay $.01 for each Purchased Share to be purchased by the Buyer at the Closing (the “Purchase Price”), for an aggregate Purchase Price of $ 25,991.74 (the “Aggregate Purchase Price”).
(c)Closing Date. The closing (the “Closing”) of the purchase and sale of the Purchased Shares shall occur simultaneously with the Deferred Upfront Fee (as defined in the Credit Agreement) becoming payable pursuant to the terms of Credit Agreement, remotely by electronic exchange of Closing documentation. The date on which the Closing occurs is referred to as the “Closing Date.” For the avoidance of doubt, if a Failure to Fund (as defined in the Credit Agreement) occurs, the Company shall have no obligation to sell or issue the Purchased Shares to the Buyer.