Re: CityBase, Inc.GTY Technology Holdings Inc. • October 16th, 2018 • Blank checks • Delaware
This letter is written in connection with the investment by [_______], a [_______] (the “Investor”) in CityBase, Inc., a Delaware corporation (the “Company”). It is currently contemplated that GTY Technology Holdings, Inc., a Cayman Islands exempted company (“GTY”), will enter into a transaction with the Company pursuant to an Agreement and Plan of Merger (the “Merger Agreement”) by and among the Company, GTY, and certain other parties thereto. Capitalized terms used but not defined herein shall have the meanings set forth in the draft of the Merger Agreement previously provided to the Investor. Reference is hereby made to that certain Subscription Agreement (the “Series C Subscription Agreement”) dated August [___], 2018 by and between the Investor and the Company, pursuant to which the Investor is subscribing for shares of Series C Preferred Stock of the Company.
