Social Capital Hedosophia Holdings Corp. Palo Alto, CA 94301 May 10, 2017Social Capital Hedosophia Holdings Corp. • May 25th, 2017 • Blank checks • New York
Social Capital Hedosophia Holdings Corp., a Cayman Islands exempted company (the “Company”), is pleased to accept the offer SCH Sponsor Corp., a Cayman Islands exempted company (the “Subscriber” or “you”), has made to subscribe for 14,375,000 of the Company’s Class B ordinary shares (the “Shares”), $0.0001 par value per share (the “Class B Shares”), up to 1,875,000 of which are subject to forfeiture by you if the underwriters of the Company’s initial public offering (“IPO”) of units (“Units”) do not fully exercise their over-allotment option (the “Over-allotment Option”) as described below. For the purposes of this agreement, references to “Ordinary Shares” are to, collectively, the Class B Shares and the Company’s Class A ordinary shares, $0.0001 par value per share (the Class A Shares”). Pursuant to the Company’s memorandum and articles of association, as amended from time to time (the “Articles”), Class B Shares will convert into Class A shares on a one-for-one basis, subject to adj
