TPB Acquisition Corporation I Floor 4, Willow House, Cricket Square Grand Cayman, KY1-9010, Cayman IslandsSecurities Subscription Agreement • February 19th, 2021 • TPB Acquisition Corp I • New York
This agreement (this “Agreement”) is entered into on February 8, 2021 by and between TPB Acquisition Sponsor I, LLC, a Delaware limited liability company (the “Subscriber” or “you”), and TPB Acquisition Corporation I, a Cayman Islands exempted company (the “Company”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to purchase 7,187,500 Class B ordinary shares, $0.0001 par value per share (the “Shares”), up to 937,500 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’s and the Subscriber’s agreements regarding such Shares are as follows:
