PropTech Acquisition Corporation Teton Village, WY 83014Securities Subscription Agreement • November 5th, 2019 • PropTech Acquisition Corp • Blank checks • New York
This agreement (the “Agreement”) is entered into on the date hereof by and between HC PropTech Partners I LLC, a Delaware limited liability company (the “Subscriber” or “you”), and PropTech Acquisition Corporation, a Delaware corporation (the “Company”, “we” or “us”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to purchase 3,881,250 shares of Class B common stock, $0.0001 par value per share (the “Shares”), up to 506,250 of which are subject to forfeiture 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:
