Common use of Duration of Contingent Rights Clause in Contracts

Duration of Contingent Rights. If a holder of Ordinary Shares submits an Ordinary Share for redemption in accordance with the Company’s Amended and Restated Memorandum and Articles of Association, the Contingent Right attached to such Ordinary Share shall expire and shall be worthless. If the Company is unable to complete a Business Combination within the required time period described in the Company’s Amended and Restated Memorandum and Articles of Association, the Company shall liquidate the funds held in the Company’s Trust Account (as defined in that certain Investment Management Trust Agreement, dated as of the date hereof, by and between the Company and the Rights Agent as trustee), holders of Contingent Rights will not receive any such funds with respect to any of their Contingent Rights, nor will they receive any distribution from our assets held outside of the trust account with respect to such Contingent Rights, and all Contingent Rights will expire worthless.

Duration of Contingent Rights. If a holder Public Stockholder submits a share of Ordinary Shares submits an Ordinary Share Class A Common Stock for redemption in accordance with the Company’s Amended and Restated Memorandum and Articles Certificate of AssociationIncorporation, the Contingent Right attached to such Ordinary Share share of Class A Common Stock shall expire and shall be worthless. If the Company is unable to complete a the Business Combination within the required time period described in the Company’s Amended and Restated Memorandum and Articles Certificate of AssociationIncorporation, the Company shall liquidate the funds held in the Company’s Trust Account (as defined in that certain Investment Management Trust Agreement, dated as of the date hereof, by and between the Company and the Rights Agent as trustee), holders of Contingent Rights will not receive any such funds with respect to any of their Contingent Rights, nor will they receive any distribution from our assets held outside of the trust account with respect to such Contingent Rights, and all Contingent Rights will expire worthless.