Dundon Capital Acquisition Corporation 2100 Ross Avenue, Suite 800 Dallas, Texas 75201Dundon Capital Acquisition Corp • November 9th, 2015 • New York
We are pleased to accept the offer DCAC Sponsor LLC (the “Subscriber” or “you”) has made to purchase 11,500,000 shares of common stock (“Shares”), $0.0001 par value per share (the “Common Stock”), up to 1,500,000 of which are subject to complete or partial forfeiture by you if the underwriter of the initial public offering (“IPO”) of units (“Units”) of Dundon Capital Acquisition Corporation, a Delaware corporation (the “Company”), does not fully exercise its over-allotment option (the “Over-allotment Option”). The terms (this “Agreement”) on which the Company is willing to sell the Shares to the Subscriber, and the Company and the Subscriber’s agreements regarding such Shares, are as follows:
