Form of Co-Investment Subscription AgreementCo-Investment Subscription Agreement • December 7th, 2007 • Kanders Acquisition CO • Blank checks
The undersigned hereby subscribes for and agrees, in connection with an initial Business Combination (as defined below), to purchase such number of units (the “Co-Investment Units”) at $10.00 per Co-Investment Unit, as shall be necessary to reach an aggregate purchase price (the “Purchase Price”) equal to the difference between $25,000,000 and the aggregate purchase price for the number of shares purchased by the undersigned pursuant to that certain Rule 10b5-1 Stock Purchase Plan, dated [______], 2007 by and among the undersigned, Citigroup Global Markets Inc. and Kanders Acquisition Company Inc., a Delaware corporation (the “Corporation”) (the “Stock Purchase Plan”). Each Co-Investment Unit shall include (i) one share of common stock, par value $0.0001 per share (the “Co-Investment Common Stock”) of the Corporation and (ii) one warrant (the “Co-Investment Warrant”) of the Corporation to purchase one share of common stock, par value $0.0001 per share (the “Common Stock”) at an exercis
