Newbury Street Acquisition Corporation Boston, MA 02116Securities Subscription Agreement • February 1st, 2021 • Newbury Street Acquisition Corporation • New York
This agreement (the “Agreement”) is entered into on the date hereof by and between Newbury Street Acquisition Sponsor LLC, a Delaware limited liability company (the “Subscriber” or “you”), and Newbury Street Acquisition Corporation, 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 4,312,500 shares of common stock, $0.0001 par value per share (the “Shares”), up to 562,500 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:
