Navigation Capital Acquisition VII Corp. Atlanta, Georgia 30305Subscription Agreement • May 4th, 2021 • Navigation Capital Acquisition VII Corp. • Blank checks • New York
We are pleased to accept the offer Navigation Capital Holdings VII, LLC, a Delaware limited liability company (the “Subscriber” or “you”), has made to purchase 4,312,500 shares (“Founder Shares”) of the common stock, $.0001 par value per share (“Common Stock”), of Navigation Capital Acquisition VII Corp., a Delaware corporation (the “Company”), up to 562,500 Founder Shares of which are subject to complete or partial forfeiture by you if the underwriters of the initial public offering (“IPO”) of the Company pursuant to the registration statement on Form S-1 (the “Registration Statement”) do not fully exercise their over-allotment option (the “Over-allotment Option”). The terms (this “Agreement”) on which the Company is willing to sell the Founder Shares to the Subscriber, and the Company and the Subscriber’s agreements regarding such Founder Shares, are as follows:
