Integral Acquisition Corporation 1
Exhibit 10.2
Integral Acquisition Corporation 1
000 Xxxxxxx Xxxxxx
New York, New York 10065
December 12, 2023
Crescent Park Management, L.P.
0000 Xxxxxxxxxx Xxx, Xxxxx 000
East Palo Alto, CA 94303
Attention: Xxx Xxxxx and Xxxxxxxxx Xxxxxxxxxx
Re: | Termination of Forward Purchase Agreement |
Dear Mr. Xxx Xxxxx and Xx. Xxxxxxxxxx:
Pursuant to Section 8 of the forward purchase agreement (the “FPA”) by and between Integral Acquisition Corporation 1 (the “Company”) and Crescent Park Management, L.P., dated August 23, 2021, this letter serves as the Company’s notice that it is terminating the FPA with an effective termination date of November 30, 2023. Except as specifically provided in the section labeled “General Provisions” in the FPA, the FPA is hereby deemed null, void and of no further force or effect, and all obligations and liabilities of the parties under the FPA or otherwise related to any proposed offering under the FPA are terminated. Capitalized terms used and not otherwise defined herein shall have the meanings set forth in that certain FPA.
Sincerely, | ||
By: | /s/ Xxxxxxx Xxxx | |
Name: | Xxxxxxx Xxxx | |
Title: | Chief Executive Officer |
Accepted: As of the date first written above | ||
Crescent Park Management, L.P. | ||
By: | /s/ Xxx Xxxxx | |
Name: | Xxx Xxxxx | |
Title: | Managing Partner |