OTR Acquisition Corp. Suite 800 Miami, FL 33131Securities Subscription Agreement • August 18th, 2020 • OTR Acquisition Corp. • New York
This agreement (the “Agreement”) is entered into on August 3, 2020 by and between OTR Acquisition Sponsor LLC, a Delaware limited liability company (the “Subscriber” or “you”), and OTR Acquisition 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 7,187,500 shares of Class B common stock, $0.0001 par value per share (the “Shares”), up to 937,500 of which are subject to forfeiture 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:
