SUPPORT SERVICES AGREEMENT
This Support Services Agreement (this Agreement), dated as of March 15, 2021, is made and entered into by and between Reinvent Technology Partners Y, a Cayman Islands exempted company (the Company), and Reinvent Capital LLC, a Delaware limited liability company (the Service Provider and, together with the Company, the Parties and, each individually, a Party).
WHEREAS, the Company intends to consummate an initial public offering of the Companys securities (the Public Offering); and
WHEREAS, the Company wishes to retain the Service Provider to provide certain support and administrative services, and provide access to certain office space, commencing on the date the securities of the Company are first listed on the New York Stock Exchange (the Listing Date) and continuing until the earlier of the consummation by the Company of an initial business combination and the Companys liquidation (in each case, as described in the Registration Statement on Form S-1 (File No. 333-253075) filed with the Securities and Exchange Commission related to the Public Offering) (such earlier date hereinafter referred to as the Termination Date).
NOW, THEREFORE, in consideration of the mutual covenants and undertakings contained in this Agreement, the Company and the Service Provider, intending to be legally bound, agree as follows:
Section 1.1 Services Generally. Commencing on the Listing Date and continuing until the Termination Date, to the extent reasonably requested by the Company, the Service Provider shall render to the Company, by and through such of the Service Providers officers, employees, agents, representatives and affiliates as the Service Provider, in its sole discretion, may designate from time to time, support and administrative services (collectively, the Services), including research, due diligence, transaction process management and execution, information technology, public and investor relations, legal, facilities management, back office, vendor management, accounting, book and record keeping, cash management and secretarial services; provided that the Service Provider shall not provide any investment advice to the Company.
Section 1.2 Office Space. Commencing on the Listing Date and continuing until the Termination Date, to the extent reasonably requested by the Company, the Service Provider shall provide the Company with access to, and use of, the Office Space. For the purposes of this Agreement, the term Office Space shall mean the offices of the Service Provider located at 215 Park Avenue, Floor 11, New York, New York 10003 (or any successor location or other existing office space of the Service Provider or any of its affiliates).