Common use of Subscription and Purchase of Purchased Shares Clause in Contracts

Subscription and Purchase of Purchased Shares. The Company acknowledges receiving $5,149.16 from the Subscriber in the form of cash and hereby issues the Purchased Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases such Purchased Shares from the Company, 157,627 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to the Purchased Shares being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber’s name representing the Purchased Shares (the “Original Certificate”) and update its register of members accordingly, or record such delivery in book-entry form.

Subscription and Purchase of Purchased Shares. The Company acknowledges receiving $5,149.16 1,242.90 from the Subscriber in the form of cash and hereby issues the Purchased Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases such Purchased Shares from the Company, 157,627 38,048 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to the Purchased Shares being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber’s name representing the Purchased Shares (the “Original Certificate”) and update its register of members accordingly, or record such delivery in book-entry form.

Subscription and Purchase of Purchased Shares. The Company acknowledges receiving $5,149.16 10,652.61 from the Subscriber in the form of cash and hereby issues the Purchased Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases such Purchased Shares from the Company, 157,627 326,100 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to the Purchased Shares being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber’s name representing the Purchased Shares (the “Original Certificate”) and update its register of members accordingly, or record such delivery in book-entry form.

Subscription and Purchase of Purchased Shares. The Company acknowledges receiving $5,149.16 4,260.55 from the Subscriber in the form of cash and hereby issues the Purchased Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases such Purchased Shares from the Company, 157,627 130,425 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to the Purchased Shares being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber’s name representing the Purchased Shares (the “Original Certificate”) and update its register of members accordingly, or record such delivery in book-entry form.