Exhibit 10.1
ASSIGNMENT, NOVATION AND AMENDMENT AGREEMENT
This ASSIGNMENT, NOVATION AND AMENDMENT AGREEMENT (this Agreement) is made by and among FB Parent Limited (Company Number:
15181508), a limited company incorporated under the laws of England and Wales (the Assignor), Flybondi Holdings plc (Company Number: 15529690), a public limited company incorporated under the laws of England and Wales (the
Assignee), Integral Acquisition Corporation 1, a Delaware corporation (SPAC), Gaucho MS, Inc., a Delaware corporation (Merger Sub), Flybondi Limited (Company Number: 10178160), a private
limited company incorporated under the laws of England and Wales (Flybondi) and the Joining Sellers set forth on the signature pages hereto (the Joining Sellers and, together with the Assignor, SPAC, Merger Sub
and Flybondi, the BCA Parties) as of July 2, 2024 (Effective Date).
RECITALS
WHEREAS, the BCA Parties are parties to that certain Business Combination Agreement dated as of October 19, 2023 (the
BCA);
WHEREAS, as of the Effective Date, pursuant to Section 14.4 of the BCA, Assignor wishes to assign
and transfer to Assignee, and Assignee wishes to accept and assume from Assignor, all of Assignors right, title and interest in the BCA and all of Assignors liabilities, agreements, obligations, rights and duties in, under, and arising
from the BCA;
WHEREAS, it is consistent with the BCA Parties interests to recognize Assignee as the successor party to the
BCA and release Assignor from any and all liabilities, agreements, obligations, rights and duties in, under and arising from the BCA;
WHEREAS, the BCA Parties are willing to release Assignor from the obligations enumerated in the BCA and to consent to Assignee assuming
and being directly obligated and liable for such obligations and becoming party to the BCA in place of Assignor; and
WHEREAS, the
parties hereto wish to amend the BCA pursuant to Section 14.11 thereof as hereinafter set forth.
AGREEMENT
NOW THEREFORE, in consideration of the representations, warranties, covenants and agreements set forth herein and for good and valuable
consideration, the receipt and adequacy of which are hereby acknowledged, the parties agree as follows:
1. Amendments to the BCA.
(a) Each reference to FB Parent Limited, a limited company incorporated under the laws of England and Wales in the BCA shall
be hereby deemed to be a reference to Flybondi Holdings plc, a public limited company incorporated under the laws of England and Wales and, as an effect thereof, each reference to TopCo in the BCA shall be hereby deemed a
reference to Assignee.
(b) Clause (a) of Section 6.2 of the BCA is hereby amended and restated in its entirety as follows:
(a) As of July 2, 2024, (i) TopCo has issued 1 TopCo Share, and (ii) no other classes or series of TopCo capital
stock are issued or outstanding.