Pontem Corporation The Woodlands, Texas 77380Insider Agreement • April 14th, 2023 • Pontem Corp • Blank checks
Contract Type FiledApril 14th, 2023 Company IndustryThis letter (this “Letter Agreement”) is being delivered to you in connection with the appointment of the undersigned, David Hagen (the “Insider”), as a director of Pontem Corporation, a Cayman Islands exempted company (the “Company”). The Insider acknowledges that the Company has consummated it initial public offering (the “Public Offering”), of up to 69,000,000 of the Company’s units (including 9,000,000 units purchased to cover over-allotments) (the “Units”), each comprised of one of the Company’s Class A ordinary shares, par value $0.0001 per share (the “Class A Ordinary Shares”), and one-third of one redeemable warrant. Each whole warrant (each, a “Warrant”) entitles the holder thereof to purchase one Class A Ordinary Share at a price of $11.50 per share, subject to adjustment as described in the Prospectus (as defined below).