Common use of Forward Purchase Shares Clause in Contracts

Forward Purchase Shares. (i) The Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company 2,500,000 Class A Shares (the “Forward Purchase Shares”) for an aggregate purchase price of $10.00 per share (the “Forward Purchase Price”), or $25,000,000 in the aggregate. (ii) The Company shall require the Purchaser to purchase the Forward Purchase Shares by delivering notice to the Purchaser, at least five (5) Business Days before the Business Combination Closing, specifying the date of the Business Combination Closing, the aggregate Forward Purchase Price and instructions for wiring the Forward Purchase Price. The closing of the sale of Forward Purchase Shares (the “Forward Closing”) shall be held on the same date and immediately prior to the Business Combination Closing (such date being referred to as the “Forward Closing Date”). No later than one (1) Business Day prior to the Forward Closing Date, the Purchaser shall deliver to the Company, to be held in escrow until the Forward Closing, the Forward Purchase Price for the Forward Purchase Shares by wire transfer of U.S. dollars in immediately available funds to the account specified by the Company in such notice. Immediately prior to the Forward Closing on the Forward

Forward Purchase Shares. (i) The Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company 2,500,000 1,000,000 Class A Shares (the “Forward Purchase Shares”) for an aggregate purchase price of $10.00 per share (the “Forward Purchase Price”), or $25,000,000 10,000,000 in the aggregate. (ii) The Company shall require the Purchaser to purchase the Forward Purchase Shares by delivering notice to the Purchaser, at least five (5) Business Days before the Business Combination Closing, specifying the date of the Business Combination Closing, the aggregate Forward Purchase Price and instructions for wiring the Forward Purchase Price. The closing of the sale of Forward Purchase Shares (the “Forward Closing”) shall be held on the same date and immediately prior to the Business Combination Closing (such date being referred to as the “Forward Closing Date”). No later than one (1) Business Day prior to the Forward Closing Date, the Purchaser shall deliver to the Company, to be held in escrow until the Forward Closing, the Forward Purchase Price for the Forward Purchase Shares by wire transfer of U.S. dollars in immediately available funds to the account specified by the Company in such notice. Immediately prior to the Forward Closing on the ForwardForward Closing Date, (A) the Forward Purchase Price shall be released from escrow automatically and without further

Forward Purchase Shares. (i) The Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company 2,500,000 1,000,000 Class A Shares (the “Forward Purchase Shares”) for an aggregate purchase price of $10.00 per share (the “Forward Purchase Price”), or $25,000,000 10,000,000 in the aggregate. (ii) The Company shall require the Purchaser to purchase the Forward Purchase Shares by delivering notice to the Purchaser, at least five (5) Business Days before the Business Combination Closing, specifying the date of the Business Combination Closing, the aggregate Forward Purchase Price and instructions for wiring the Forward Purchase Price. The closing of the sale of Forward Purchase Shares (the “Forward Closing”) shall be held on the same date and immediately prior to the Business Combination Closing (such date being referred to as the “Forward Closing Date”). No later than one (1) Business Day prior to the Forward Closing Date, the Purchaser shall deliver to the Company, to be held in escrow until the Forward Closing, the Forward Purchase Price for the Forward Purchase Shares by wire transfer of U.S. dollars in immediately available funds to the account specified by the Company in such notice. Immediately prior to the Forward Closing on the Forward Closing Date, (A) the Forward Purchase Price shall be released from escrow automatically and without further action by the Company or the Purchaser, and (B) upon such release, the Company shall issue the Forward