Common use of Purchase and Sale of the Founding Director Warrants Clause in Contracts

Purchase and Sale of the Founding Director Warrants. The Company shall sell to the Purchasers, and subject to the terms and conditions set forth herein, the Purchasers shall severally purchase from the Company, prior to the effectiveness of the Registration Statement, an aggregate of 900,000 Founding Director Warrants. Each Purchaser shall purchase that number of the Founding Director Warrants as is set forth opposite his name in the table contained in Exhibit A hereto. The purchase price of each Founding Director Warrant shall be $1.20 per warrant (the "Purchase Price"), which shall be paid in immediately available funds through wire transfers to the trust account (the "Trust Account") to be established pursuant to that certain Investment Management Trust Agreement by and between the Company and American Stock Transfer & Trust Company ("American"). The Purchase Price shall be wired to the Trust Account by the Purchasers so as to be on deposit in the Trust Account not less than 24 hours prior to the effectiveness of the Registration Statement. Amounts so received in the Trust Account shall be credited against the respective purchase obligations of the Purchasers as described on Exhibit A hereto.

Purchase and Sale of the Founding Director Warrants. The Company shall sell to the Purchasers, and subject to the terms and conditions set forth herein, the Purchasers shall severally purchase from the Company, prior to contemporaneously with the effectiveness closing of the Registration StatementOffering, an aggregate of 900,000 458,333 Founding Director Warrants. Each Purchaser shall purchase that number of the Founding Director Warrants as is set forth opposite his name in the table contained in Exhibit A hereto. The purchase price of each Founding Director Warrant shall be $1.20 per warrant (the "“Purchase Price"”), which shall be paid in immediately available funds through wire transfers to the trust account (the "“Trust Account"”) to be established pursuant to that certain Investment Management Trust Agreement by and between the Company and American Corporate Stock Transfer & Trust Company Transfer, Inc. ("American"“CST”). The Purchase Price shall be wired to the Trust Account by the Purchasers so as to be on deposit in the Trust Account not less than 24 hours prior to the effectiveness closing of the Registration StatementOffering. Amounts so received in the Trust Account shall be credited against the respective purchase obligations of the Purchasers as described on Exhibit A hereto.

Purchase and Sale of the Founding Director Warrants. The Company shall sell to the Purchasers, and subject to the terms and conditions set forth herein, the Purchasers shall severally purchase from the Company, prior to the effectiveness of the Registration Statement, an aggregate of 900,000 1,800,000 Founding Director Warrants. Each Purchaser shall purchase that number of the Founding Director Warrants as is set forth opposite his name in the table contained in Exhibit A hereto. The purchase price of each Founding Director Warrant shall be $1.20 1.00 per warrant (the "Purchase Price"), which shall be paid in immediately available funds through wire transfers to the trust account (the "Trust Account") to be established pursuant to that certain Investment Management Trust Agreement by and between the Company and American Stock Transfer & Trust Company ("American"). The Purchase Price shall be wired to the Trust Account by the Purchasers so as to be on deposit in the Trust Account not less than 24 hours prior to the effectiveness of the Registration Statement. Amounts so received in the Trust Account shall be credited against the respective purchase obligations of the Purchasers as described on Exhibit A hereto.

Purchase and Sale of the Founding Director Warrants. The Company shall sell to the Purchasers, and subject to the terms and conditions set forth herein, the Purchasers shall severally purchase from the Company, prior to contemporaneously with the effectiveness closing of the Registration StatementIPO, an aggregate of 900,000 1,500,000 Founding Director Warrants. Each Purchaser shall purchase that number of the Founding Director Warrants as is set forth opposite his name in the table contained in Exhibit A hereto. The purchase price of each Founding Director Warrant shall be $1.20 1.00 per warrant (the "“Purchase Price"”), which shall be paid in immediately available funds through wire transfers to the trust account (the "“Trust Account"”) to be established pursuant to that certain Investment Management Trust Agreement by and between the Company and American Stock Transfer & Trust Company ("“American"”). The Purchase Price shall be wired to the Trust Account by the Purchasers so as to be on deposit in the Trust Account not less than 24 hours prior to the effectiveness closing of the Registration StatementOffering. Amounts so received in the Trust Account shall be credited against the respective purchase obligations of the Purchasers as described on Exhibit A hereto.

Purchase and Sale of the Founding Director Warrants. The Company shall sell to the Purchasers, and subject to the terms and conditions set forth herein, the Purchasers shall severally purchase from the Company, prior to contemporaneously with the effectiveness closing of the Registration StatementIPO, an aggregate of 900,000 1,000,000 Founding Director Warrants. Each Purchaser shall purchase that number of the Founding Director Warrants as is set forth opposite his name in the table contained in Exhibit A hereto. The purchase price of each Founding Director Warrant shall be $1.20 1.70 per warrant (the "“Purchase Price"”), which shall be paid in immediately available funds through wire transfers to the trust account (the "“Trust Account"”) to be established pursuant to that certain Investment Management Trust Agreement by and between the Company and American Continental Stock Transfer & Trust Company ("American"“Continental”). The Purchase Price shall be wired to the Trust Account by the Purchasers so as to be on deposit in the Trust Account not less than 24 hours prior to the effectiveness closing of the Registration StatementOffering. Amounts so received in the Trust Account shall be credited against the respective purchase obligations of the Purchasers as described on Exhibit A hereto.

Purchase and Sale of the Founding Director Warrants. The Company shall sell to the Purchasers, and subject to the terms and conditions set forth herein, the Purchasers shall severally purchase from the Company, prior to the effectiveness of the Registration Statement, an aggregate of 900,000 2,250,000 Founding Director Warrants. Each Purchaser shall purchase that number of the Founding Director Warrants as is set forth opposite his name in the table contained in Exhibit A hereto. The purchase price of each Founding Director Warrant shall be $1.20 1.00 per warrant (the "“Purchase Price"”), which shall be paid in immediately available funds through wire transfers to the trust account (the "“Trust Account"”) to be established pursuant to that certain Investment Management Trust Agreement by and between the Company and American Stock Transfer & Trust Company ("“American"”). The Purchase Price shall be wired to the Trust Account by the Purchasers so as to be on deposit in the Trust Account not less than 24 hours prior to the effectiveness of the Registration Statement. Amounts so received in the Trust Account shall be credited against the respective purchase obligations of the Purchasers as described on Exhibit A hereto.

Purchase and Sale of the Founding Director Warrants. The Company shall sell to the Purchasers, and subject to the terms and conditions set forth herein, the Purchasers shall severally purchase from the Company, prior to contemporaneously with the effectiveness closing of the Registration StatementIPO, an aggregate of 900,000 2,000,000 Founding Director Warrants. Each Purchaser shall purchase that number of the Founding Director Warrants as is set forth opposite his name in the table contained in Exhibit A hereto. The purchase price of each Founding Director Warrant shall be $1.20 0.60 per warrant (the "“Purchase Price"”), which shall be paid in immediately available funds through wire transfers to the trust account (the "“Trust Account"”) to be established pursuant to that certain Investment Management Trust Agreement by and between the Company and American Stock Transfer & Trust Company ("“American"”). The Purchase Price shall be wired to the Trust Account by the Purchasers so as to be on deposit in the Trust Account not less than 24 hours prior to the effectiveness closing of the Registration StatementOffering. Amounts so received in the Trust Account shall be credited against the respective purchase obligations of the Purchasers as described on Exhibit A hereto.

Purchase and Sale of the Founding Director Warrants. The Company shall sell to the Purchasers, and subject to the terms and conditions set forth herein, the Purchasers shall severally purchase from the Company, prior to the effectiveness of the Registration Statement, an aggregate of 900,000 2,100,000 Founding Director Warrants. Each Purchaser shall purchase that number of the Founding Director Warrants as is set forth opposite his name in the table contained in Exhibit A hereto. The purchase price of each Founding Director Warrant shall be $1.20 1.00 per warrant (the "Purchase Price"), which shall be paid in immediately available funds through wire transfers to the trust account (the "Trust Account") to be established pursuant to that certain Investment Management Trust Agreement by and between the Company and American Stock Transfer & Trust Company ("American"). The Purchase Price shall be wired to the Trust Account by the Purchasers so as to be on deposit in the Trust Account not less than 24 hours prior to the effectiveness of the Registration Statement. Amounts so received in the Trust Account shall be credited against the respective purchase obligations of the Purchasers as described on Exhibit A hereto.