LUCID GROUP, INC. (a Delaware corporation) 262,446,931 Shares of Class A Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • October 18th, 2024 • Lucid Group, Inc. • Motor vehicles & passenger car bodies • New York
The Company understands that BofA proposes to make a public offering of the Securities as soon as BofA deems advisable after this Agreement has been executed and delivered. Ayar Third Investment Company (“Ayar”) has agreed to purchase 374,717,927 shares of Common Stock from the Company pursuant to the Subscription Agreement between Ayar and the Company, dated as of the date hereof (the “Ayar Agreement”), as Placement Shares (as defined in the Ayar Agreement) with respect to the transactions contemplated hereby (the “Ayar Investment”).
SUBSCRIPTION AGREEMENT by and between LUCID GROUP, INC. and AYAR THIRD INVESTMENT COMPANY Dated as of the Date Set Forth in Schedule 1Subscription Agreement • October 18th, 2024 • Lucid Group, Inc. • Motor vehicles & passenger car bodies • New York
SUBSCRIPTION AGREEMENT, dated as of the date set forth on Schedule 1 hereto (this “Agreement”), by and between Lucid Group, Inc., a Delaware corporation (the “Company”), and Ayar Third Investment Company, a single shareholder limited liability company organized under the laws of the Kingdom of Saudi Arabia (the “Investor”).
FORM OF AMENDMENT NO. 5 TO INVESTOR RIGHTS AGREEMENT]Investor Rights Agreement • October 18th, 2024 • Lucid Group, Inc. • Motor vehicles & passenger car bodies
This Amendment No. 5 (this “Amendment”), effective as of the date of the Subscription Agreement (as defined below), is made to that certain Investor Rights Agreement, dated as of February 22, 2021, as amended from time to time, (the “Agreement”), by and among (i) Churchill Capital Corp IV, a Delaware corporation (“PubCo”); (ii) Ayar Third Investment Company, a single shareholder limited liability company organized under the laws of the Kingdom of Saudi Arabia (“Ayar”); (iii) each of the Persons identified on the signature pages to the Agreement or on the signature pages to a joinder to the Agreement; and (iv) Churchill Sponsor IV LLC, a Delaware limited liability company. Unless otherwise defined herein, capitalized terms used herein shall have the meanings given to such terms in the Agreement.
