ECP Environmental Growth Opportunities Corp. 40 Beechwood Road Summit, NJ 07901Securities Subscription Agreement • December 23rd, 2020 • ECP Environmental Growth Opportunities Corp. • Blank checks • New York
This agreement (the “Agreement”) is entered into on November 30, 2020 by and between ENNV Holdings, LLC, a Delaware limited liability company (the “Subscriber” or “you”), and ECP Environmental Growth Opportunities Corp., a Delaware corporation (the “Company”, “we” or “us”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to purchase 8,625,000 shares (the “Shares”) of Class B common stock, $0.0001 par value per share (the “Class B Common Stock”), up to 1,125,000 of which are subject to forfeiture by you in the event of an initial public offering (“IPO”) of units of the Company if the underwriters of such an IPO, do not fully exercise their over-allotment option (the “Over-allotment Option”). The Company’s and the Subscriber’s agreements regarding such Shares are as follows:
