Form of Securities Subscription Letter Agreement Terrapin 3 Acquisition Corporation Coral Gables, FL 33133Securities Subscription Letter Agreement • June 23rd, 2014 • Terrapin 3 Acquisition Corp • Blank checks • New York
We are pleased to accept the offer [SUBSCRIBER] (the “Subscriber” or “you”) has made to purchase an aggregate of [UNIT COUNT] units (the “Units”) of Terrapin 3 Acquisition Corporation, a Delaware corporation (the “Company), each Unit comprising one share of common stock of the Company, par value $0.0001 per share (“Common Stock” or “Share”) and one warrant to purchase one-half of one Share (“Warrant”) for a purchase price of $0.0047619 per Unit. The Units, Shares and Warrants, collectively, are hereinafter referred to as the “Securities”. Each Warrant is exercisable to purchase one-half of one Share at an exercise price of $11.50 per Share during the period commencing on the later of (i) twelve (12) months from the date of the closing of the Company’s initial public offering of units each comprising one share Common Stock and one Warrant ( (the “IPO”) and (ii) 30 days following the consummation of the Company’s initial business combination (the “Business Combination”) and expiring on t
