Common use of Other Forfeitures Clause in Contracts

Other Forfeitures. The Subscriber further acknowledges and agrees that, in addition to the forfeiture provisions of Sections 3.1 and 3.2, the Shares shall be subject to further forfeiture, and the Subscriber acknowledges and agrees that it shall forfeit any and all rights to such number of Shares as it may be required to forfeit, under and in accordance with the provisions of one or more written agreements (collectively, the “Forfeiture Agreements”) to be dated on or prior to the closing of the IPO by and among the Subscriber, the Company and any other persons or entities that may be deemed appropriate to be parties thereto, including forfeitures of the Shares in connection with certain redemptions of the Units, as well as the implementation of a post-business combination price protection feature for the benefit of holders of the Company’s Class A Ordinary Shares included in the Units.