Warburg Pincus Capital Corporation I-B New York, New York 10017Securities Subscription Agreement • February 17th, 2021 • Warburg Pincus Capital Corp I-B • Blank checks • New York
This agreement (this “Agreement”) is entered into on December 9, 2020 by and between Warburg Pincus Capital Corporation I-B Sponsor, L.P., a Cayman Islands exempted limited partnership (the “Subscriber” or “you”), and Warburg Pincus Capital Corporation I-B, a Cayman Islands exempted company (the “Company”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to purchase 14,375,000 Class B ordinary shares, $0.0001 par value per share (the “Shares”), up to 1,875,000 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 and the Subscriber’s agreements regarding such Shares are as follows:
