Forest Road Acquisition Corp. III New York, NY 10036Forest Road Acquisition Corp. II • February 18th, 2021 • Blank checks • New York
This agreement (the “Agreement”) is entered into on December 23, 2020 by and between Forest Road Acquisition Sponsor III LLC, a Delaware limited liability company (the “Subscriber” or “you”), and Forest Road Acquisition Corp. III, 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 5,750,000 shares of Class B common stock, $0.0001 par value per share (the “Shares”), up to 750,000 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:
