New York, NY 10166CC Neuberger Principal Holdings II • July 15th, 2020 • Blank checks • Delaware
This agreement (this “Agreement”) is entered into on May 19, 2020 by and between CC Neuberger Principal Holdings II Sponsor LLC, a Delaware limited liability company (the “Subscriber” or “you”), and CC Neuberger Principal Holdings II, a Cayman Islands exempted company (the “Company”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to subscribe for and purchase 7,875,000 Class B ordinary shares, US$0.0001 par value per share (the “Shares”), up to 375,000 of which are subject to surrender and cancellation by you if the underwriters of the initial public offering (“IPO”) of units (“Units”) of the Company do not fully exercise their over-allotment option (the “Over-allotment Option”). The Company and the Subscriber’s agreements regarding such Shares are as follows:
