Examples of Sponsor Letter Agreement in a sentence
A copy of the Sponsor Letter Agreement is attached hereto as Annex D-1 and Annex D-2 and is incorporated by reference into this proxy statement/prospectus.
You are encouraged to read the Sponsor Letter Agreement in its entirety.
An Atlas Change in Recommendation will not limit or otherwise affect the agreements and covenants set forth in the Sponsor Letter Agreement (as defined below).
Immediately prior to the consummation of the Business Combination, the Sponsor will exchange all 5,933,333 of its Private Placement Warrants for an aggregate of 890,000 Founder Shares that, upon the consummation of the Business Combination, will be converted into FVAC Class A common stock (which will not be subject to vesting or forfeiture restrictions under the Amended and Restated Parent Sponsor Letter Agreement).
Additionally, Xxxxxxx agrees that the lock-up and transfer provisions in this Agreement shall supersede and replace its obligations in respect of lock-up and transfer provisions currently contained in the Sponsor Letter Agreement effective upon the Acquisition Merger Effective Time.