ION ACQUISITION CORP 2 LTD.Administrative Services Agreement • March 29th, 2021 • ION Acquisition Corp 2 Ltd. • Blank checks • New York
This letter agreement (this “Agreement”) by and between ION Acquisition Corp 2 Ltd. (the “Company”) and ION Holdings 2, LP (the “Sponsor”), dated as of the date hereof, will confirm our agreement that, commencing on the date the Registration Statement (as defined below) is declared effective (the “Effective Date”), pursuant to a Registration Statement on Form S-1 and prospectus filed with the U.S. Securities and Exchange Commission (the “Registration Statement”) and continuing until the earlier of the consummation by the Company of an initial business combination or the Company’s liquidation(in each case as described in the Registration Statement) (such earlier date hereinafter referred to as the “Termination Date”):
