SUBSCRIPTION AGREEMENT
Exhibit 10.7
Execution Version
TO: The Directors of Xxxxxxx Silicon Valley Acquisition Corp. (the “Company”).
The undersigned hereby subscribes for 5,750,000 shares of common stock (the “Shares”) of the Company. In consideration for the issue of the Shares, the undersigned hereby agrees and undertakes to pay $25,000 to the Company.
We agree to take the Shares subject to the Certificate of Incorporation and By-laws of the Company and we authorize you to enter the following name and address in the stockholders ledger of the Company:
Name: | Xxxxxxx Capital, LLC |
Address: | 000 Xxxxxxxx Xxx |
Xxxxxxxx, XX 00000
Dated: September 24, 2020
Signed: | /s/ Xxxxxxx X. Xxxxxxx |
Name: Xxxxxxx X. Xxxxxxx
Title: Manager
Dated: September 24, 2020
Accepted:
XXXXXXX SILICON VALLEY ACQUISITION CORP.
Signed: | /s/ Xxxxxxx X. Xxxxxxx |
Name: Xxxxxxx X. Xxxxxxx
Title: Chief Executive Officer
Dated: September 24,, 2020