Common use of Contingent Rights Clause in Contracts

Contingent Rights. Each Contingent Right shall entitle the holder thereof to receive at least two-ninths of one Distributable Warrant at the Distribution Time (as defined in the Warrant Agreement), as follows: (i) to the extent that no public holders of Ordinary Shares (such holders, “Public Shareholders”) redeem their Ordinary Shares in connection with the Business Combination (as defined in the Warrant Agreement) each Public Shareholder will receive two-ninths of a Distributable Warrant, and (ii) to the extent that any Public Shareholders redeem any of their Ordinary Shares in connection with the Business Combination, then (A) two-ninths of a Distributable Warrant will be issued for each Ordinary Share that was not redeemed (the “remaining public shares”), and (B) the aggregate amount of 1,777,778 Distributable Warrants less the number of warrants issued pursuant to the foregoing clause (A) will be issued on a pro rata basis to the holders of the remaining public shares based on their percentage of Ordinary Shares held after redemptions. To the extent that a Public Shareholder redeems any of their Ordinary Shares in connection with the Business Combination, that Public Shareholder will receive no portion of any Distributable Warrant per Ordinary Share redeemed. No additional consideration shall be paid by a holder of Contingent Rights in order to receive his, her or its Distributable Warrants at the Distribution Time. In no event will the Company be required to net cash settle any Contingent Rights or distribute any fractional Distributable Warrants.

Contingent Rights. Each Contingent Right shall entitle the holder thereof to receive at least twoone-ninths fifteenth of one Distributable Warrant Share immediately following the time at which the Company redeems the shares of Class A Common Stock included as part of the Units that the holders thereof have elected to redeem in connection with the Business Combination and immediately prior to the closing of the Business Combination (the “Distribution Time (as defined in the Warrant AgreementTime”), as follows: (i) to the extent that if no public holders of Ordinary Shares Class A Common Stock (such holders, “Public ShareholdersStockholders”) redeem their Ordinary Shares Class A Common Stock in connection with the Business Combination (as defined in the Warrant Agreement) Combination, each Public Shareholder Stockholder will receive twoone-ninths fifteenth (1/15) of a Distributable Warrant, share of Class A Common Stock and (ii) to the extent that any Public Shareholders Stockholders redeem any of their Ordinary Shares public shares of Class A Common Stock in connection with the Company’s Business Combination, then one-fifteenth (A1/15) two-ninths of a Distributable Warrant share of Class A Common Stock will be issued for each Ordinary Share per public share that was is not redeemed (the “remaining Remaining Public Shares”). Public Stockholders who exercise their redemption rights are not entitled to receive any Distributable Shares in respect of such redeemed public shares”), and (B) the aggregate amount of 1,777,778 Distributable Warrants less the number of warrants issued pursuant to the foregoing clause (A) will be issued on a pro rata basis to the holders of the remaining public shares based on their percentage of Ordinary Shares held after redemptions. To the extent that a Public Shareholder redeems any of their Ordinary Shares in connection with the Business Combination, that Public Shareholder will receive no portion The holder of any Contingent Rights underlying the Private Placement Units shall be entitled to receive one-fifteenth (1/15) of one Distributable Warrant Share per Ordinary Share redeemedContingent Right at the Distribution Time. No additional consideration shall be paid by a holder of Contingent Rights in order to receive his, her or its Distributable Warrants Shares at the Distribution Time. In no event will the Company be required to net cash settle any Contingent Rights or distribute any fractional Distributable WarrantsShares. No fractional shares will be issued upon conversion of any contingent rights. As a result, you must have fifteen (15) contingent rights to receive a distributable share at the distribution time. If, upon conversion of the contingent rights, a holder would be entitled to receive a fractional interest in a share, fractional shares will either be rounded up to the nearest whole share or otherwise addressed in accordance with the applicable provisions of Delaware Law.

Contingent Rights. Each Contingent Right shall entitle the holder thereof to receive at least twoone-ninths fifteenth of one Distributable Warrant Share immediately following the time at which the Company redeems the shares of Class A Common Stock included as part of the Units that the holders thereof have elected to redeem in connection with the Business Combination and immediately prior to the closing of the Business Combination (the “Distribution Time (as defined in the Warrant AgreementTime”), as follows: (i) to the extent that if no public holders of Ordinary Shares Class A Common Stock (such holders, “Public ShareholdersStockholders”) redeem their Ordinary Shares Class A Common Stock in connection with the Business Combination (as defined in the Warrant Agreement) Combination, each Public Shareholder Stockholder will receive twoone-ninths fifteenth (1/15) of a Distributable Warrant, share of Class A Common Stock and (ii) to the extent that any Public Shareholders Stockholders redeem any of their Ordinary Shares public shares of Class A Common Stock in connection with the Company’s Business Combination, then one-fifteenth (A1/15) two-ninths of a Distributable Warrant share of Class A Common Stock will be issued for each Ordinary Share per public share that was is not redeemed (the “remaining Remaining Public Shares”). Public Stockholders who exercise their redemption rights are not entitled to receive any Distributable Shares in respect of such redeemed public shares”), and (B) the aggregate amount of 1,777,778 Distributable Warrants less the number of warrants issued pursuant to the foregoing clause (A) will be issued on a pro rata basis to the holders of the remaining public shares based on their percentage of Ordinary Shares held after redemptions. To the extent that a Public Shareholder redeems any of their Ordinary Shares in connection with the Business Combination, that Public Shareholder will receive no portion The holder of any Contingent Rights underlying the Private Placement Units shall be entitled to receive one-fifteenth (1/15) of one Distributable Warrant Share per Ordinary Share redeemedContingent Right at the Distribution Time. No additional consideration shall be paid by a holder of Contingent Rights in order to receive his, her or its Distributable Warrants Shares at the Distribution Time. In no event will the Company be required to net cash settle any Contingent Rights or distribute any fractional Distributable WarrantsShares. No fractional shares will be issued upon conversion of any contingent rights. As a result, you must have fifteen (15) contingent rights to receive a distributable share at the distribution time. If, upon conversion of the contingent rights, a holder would be entitled to receive a fractional interest in a share, fractional shares will be rounded up to the nearest whole share.