FORM OF REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • March 15th, 2023 • AI Transportation Acquisition Corp • New York
REGISTRATION RIGHTS AGREEMENT (this “Agreement”), dated as of [ ], 2023, is made and entered into by and among AI TRANSPORTATION ACQUISITION CORP, a Cayman Islands exempted company (the “Company”), AI TRANSPORTATION CORP, a British Virgin Islands company (the “Sponsor”), and each of the undersigned parties listed on the signature page hereto under “Holders” (each such party, together with the Sponsor and any person or entity who hereafter becomes a party to this Agreement pursuant to Section 5.2 of this Agreement, a “Holder” and collectively the “Holders”).
AI TRANSPORTATION ACQUISITION CORPSecurities Subscription Agreement • March 15th, 2023 • AI Transportation Acquisition Corp • New York
This agreement (the “Agreement”) is entered into on January 1, 2023, by and between AI TRANSPORTATION CORP, a British Virgin Islands business company (the “Subscriber” or “you”), and AI TRANSPORTATION ACQUISITION CORP, a Cayman Islands exempted company (the “Company,” “we” or “us”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to purchase 1,437,500 ordinary shares, $0.0001 par value per share (the “Shares”), up to 187,500 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:
FORM OF INVESTMENT MANAGEMENT TRUST AGREEMENTInvestment Management Trust Agreement • March 15th, 2023 • AI Transportation Acquisition Corp
This Investment Management Trust Agreement (this “Agreement”) is made effective as of _____, 2023, by and between AI TRANSPORTATION ACQUISITION CORP, a Cayman Islands exempted company (the “Company”), and Continental Stock Transfer & Trust Company, a New York corporation (the “Trustee”).
FORM OF INDEMNITY AGREEMENTIndemnification & Liability • March 15th, 2023 • AI Transportation Acquisition Corp • New York
This INDEMNITY AGREEMENT (this “Agreement”) is effective as of [ ], 2023, by and between AI TRANSPORTATION ACQUISITION CORP, a Cayman Islands exempted company (the “Company”), and _______, an individual (“Indemnitee”).
AI TRANSPORTATION ACQUISITION CORP RIGHTS AGREEMENTRights Agreement • March 15th, 2023 • AI Transportation Acquisition Corp • New York
This Rights Agreement (this “Agreement”) is made as of [______], 2023 between AI TRANSPORTATION ACQUISITION CORP, a Cayman Islands exempted company, with offices at 10 East 53rd Street, Suite 3001, New York, NY 10022 (the “Company”), and Continental Stock Transfer & Trust Company, a New York corporation, with offices at One State Street, 30th Floor, New York, New York 10004 (“Rights Agent”).
Form of Placement Unit Purchase AgreementPlacement Unit Purchase Agreement • March 15th, 2023 • AI Transportation Acquisition Corp
FORM OF LETTER AGREEMENTUnderwriting Agreement • March 15th, 2023 • AI Transportation Acquisition Corp
This letter (this “Letter Agreement”) is being delivered to you in accordance with the Underwriting Agreement (the “Underwriting Agreement”) entered into by and between AI TRANSPORTATION ACQUISITION CORP, a Cayman Islands exempted company (the “Company”), and EF Hutton, division of Benchmark Investments, LLC, as representative of the several underwriters (the “Underwriter”), relating to an underwritten initial public offering (the “Public Offering”), of up to 5,000,000 of the Company’s units (the “Units”), each comprised of one of the Company’s ordinary shares, par value $0.0001 per share (the Ordinary Shares”), three-quarters of one redeemable warrant, and one right to receive one-tenth of one Ordinary Share (the “Public Rights”). Each whole warrant (each, a “Public Warrant”) entitles the holder thereof to purchase one Ordinary Share at a price of $11.50 per share, subject to adjustment as described in the Prospectus (as defined below). Holders of each of the Public Rights are entitle
WARRANTS THIS WARRANT SHALL BE VOID IF NOT EXERCISED PRIOR TO THE EXPIRATION OF THE EXERCISE PERIOD PROVIDED FOR IN THE WARRANT AGREEMENT DESCRIBED BELOW AI TRANSPORTATION ACQUISITION CORP INCORPORATED UNDER THE LAWS OF THE CAYMAN ISLANDSWarrant Agreement • March 15th, 2023 • AI Transportation Acquisition Corp
This Warrant Certificate certifies that ______________________, or registered assigns, is the registered holder of ____________ warrant(s) evidenced hereby (the “Warrants” and each, a “Warrant”) to purchase _________ ordinary shares, $0.0001 par value per share (“ordinary shares”), of AI TRANSPORTATION ACQUISITION CORP, a Cayman Islands exempted company (the “Company”).
WARRANT AGREEMENT between AI TRANSPORTATION ACQUISITION CORP and CONTINENTAL STOCK TRANSFER & TRUST COMPANYWarrant Agreement • March 15th, 2023 • AI Transportation Acquisition Corp • New York
THIS WARRANT AGREEMENT (this “Agreement”), dated as of [●], 2023, is by and between AI TRANSPORTATION ACQUISITION CORP, a Cayman Islands exempted company (the “Company”), and Continental Stock Transfer & Trust Company, a New York corporation, as warrant agent (the “Warrant Agent”).
AI TRANSPORTATION ACQUISITION CORPAdministrative Support Agreement • March 15th, 2023 • AI Transportation Acquisition Corp
This letter agreement will confirm our agreement that, commencing on the effective date (the “Effective Date”) of the registration statement (the “Registration Statement”) for the initial public offering (the “IPO”) of the securities of AI TRANSPORTATION ACQUISITION CORP (the “Company”) and continuing until the earlier of (i) the consummation by the Company of an initial business combination and (ii) the Company’s liquidation (in each case as described in the Registration Statement) (such earlier date hereinafter referred to as the “Termination Date”):
