20,000,000 Units Waverley Capital Acquisition Corp. 1 UNDERWRITING AGREEMENTUnderwriting Agreement • August 25th, 2021 • Waverley Capital Acquisition Corp. 1 • Blank checks • New York
Waverley Capital Acquisition Corp. I, a Cayman Islands exempted company (the “Company”), proposes to sell to the several underwriters named in Schedule I hereto (collectively, the “Underwriters”), for whom you are acting as representatives (the “Representatives”), 20,000,000 units (the “Units”) of the Company (said Units to be issued and sold by the Company being hereinafter called the “Underwritten Securities”). The Company also proposes to grant to the Underwriters an option to purchase up to 3,000,000 additional Units to cover over-allotments, if any (the “Option Securities”; the Option Securities, together with the Underwritten Securities, being hereinafter called the “Securities”). To the extent there are no additional Underwriters listed on Schedule I other than you, the term Representatives as used herein shall mean you, as Underwriters, and the term Underwriter shall mean either the singular or plural as the context requires. Certain capitalized terms used herein and not otherw
WAVERLEY CAPITAL ACQUISITION CORP. 1 Palo Alto, California 94301Waverley Capital Acquisition Corp. 1 • March 30th, 2021 • New York
We are pleased to accept the offer WCAC1 Sponsor LLC (the “Subscriber” or “you”) has made to purchase 8,625,000 of Class B ordinary shares (the “Shares”), $0.0001 par value per share (the “Class B Ordinary Shares” and, together with all other classes of the Company’s (as defined below) ordinary shares, the “Ordinary Shares”), up to 1,125,000 Shares of which are subject to complete or partial forfeiture by you if the underwriters of the initial public offering (“IPO”) of Waverley Capital Acquisition Corp. 1, a Cayman Islands exempted company (the “Company”), do not fully exercise their over-allotment option (the “Over-allotment Option”). The terms (this “Agreement”) on which the Company is willing to sell the Shares to the Subscriber, and the Company and the Subscriber’s agreements regarding the Shares, are as follows:
REGISTRATION AND SHAREHOLDER RIGHTS AGREEMENTRegistration and Shareholder Rights Agreement • August 25th, 2021 • Waverley Capital Acquisition Corp. 1 • Blank checks • New York
THIS REGISTRATION AND SHAREHOLDER RIGHTS AGREEMENT, dated as of August 19, 2021 (as amended, supplemented or otherwise modified from time to time, this “Agreement”), is made and entered into by and among Waverley Capital Acquisition Corp. 1, a Cayman Islands exempted company (the “Company”), WCAC1 Sponsor LLC, a Delaware limited liability company (the “Sponsor”), and the undersigned parties listed under “Holders” on the signature pages hereto (each such party, together with the Sponsor and any person or entity who hereafter becomes a party to this Agreement pursuant to Section 6.2 of this Agreement, a “Holder” and, collectively, the “Holders”).
FORM OF INDEMNITY AGREEMENTForm of Indemnity Agreement • March 30th, 2021 • Waverley Capital Acquisition Corp. 1 • New York
THIS INDEMNITY AGREEMENT is made as of [ ], 2021 (as amended, supplemented or otherwise modified from time to time, this “Agreement”), by and between Waverley Capital Acquisition Corp. 1, a Cayman Islands exempted company (the “Company”), and [ ] (“Indemnitee”).
PRIVATE PLACEMENT WARRANTS PURCHASE AGREEMENTPrivate Placement Warrants Purchase Agreement • August 25th, 2021 • Waverley Capital Acquisition Corp. 1 • Blank checks • New York
THIS PRIVATE PLACEMENT WARRANTS PURCHASE AGREEMENT, dated as of August 19, 2021 (as amended, supplemented or otherwise modified from time to time, this “Agreement”), is entered into by and between Waverley Capital Acquisition Corp. 1, a Cayman Islands exempted company (the “Company”), and WCAC1 Sponsor LLC, a Delaware limited liability company (the “Purchaser”).
INDEMNITY AGREEMENTIndemnity Agreement • August 25th, 2021 • Waverley Capital Acquisition Corp. 1 • Blank checks • New York
THIS INDEMNITY AGREEMENT is made as of August 19, 2021 (as amended, supplemented or otherwise modified from time to time, this “Agreement”), by and between Waverley Capital Acquisition Corp. 1, a Cayman Islands exempted company (the “Company”), and Alfred E. Osborne, Jr. (“Indemnitee”).
INVESTMENT MANAGEMENT TRUST AGREEMENTInvestment Management Trust Agreement • August 25th, 2021 • Waverley Capital Acquisition Corp. 1 • Blank checks • New York
THIS INVESTMENT MANAGEMENT TRUST AGREEMENT is made effective as of August 19, 2021 (as amended, supplemented or otherwise modified from time to time, this “Agreement”), by and between Waverley Capital Acquisition Corp. 1, a Cayman Islands exempted company (the “Company”), and Continental Stock Transfer & Trust Company, a New York limited purpose trust company (the “Trustee”).
PUBLIC WARRANT AGREEMENTPublic Warrant Agreement • August 25th, 2021 • Waverley Capital Acquisition Corp. 1 • Blank checks • New York
THIS PUBLIC WARRANT AGREEMENT, dated as of August 19, 2021 (as amended, supplemented or otherwise modified from time to time, this “Agreement”), is by and between Waverley Capital Acquisition Corp. 1, a Cayman Islands exempted company (the “Company”), and Continental Stock Transfer & Trust Company, a New York limited purpose trust company, as warrant agent (in such capacity, the “Warrant Agent”).
PRIVATE WARRANT AGREEMENTPrivate Warrant Agreement • August 25th, 2021 • Waverley Capital Acquisition Corp. 1 • Blank checks • New York
THIS PRIVATE WARRANT AGREEMENT, dated as of August 19, 2021 (as amended, supplemented or otherwise modified from time to time, this “Agreement”), is by and between Waverley Capital Acquisition Corp. 1, a Cayman Islands exempted company (the “Company”), and Continental Stock Transfer & Trust Company, a New York limited purpose trust company, as warrant agent (in such capacity, the “Warrant Agent”).
Waverley Capital Acquisition Corp. 1 Palo Alto, CA 94301Letter Agreement • August 25th, 2021 • Waverley Capital Acquisition Corp. 1 • Blank checks • New York
This letter (this “Letter Agreement”) is being delivered to you in accordance with the underwriting agreement (the “Underwriting Agreement”) entered into by and among Waverley Capital Acquisition Corp. 1, a Cayman Islands exempted company (the “Company”), Evercore Group L.L.C. and Morgan Stanley & Co. LLC, as representatives (the “Representatives”) of the several underwriters (the “Underwriters”), relating to an underwritten initial public offering (the “Public Offering”) of 20,000,000 of the Company’s units (including 3,000,000 units that may be purchased pursuant to the Underwriters’ option to purchase additional units, the “Units”), each comprised of one of the Company’s Class A ordinary shares, par value $0.0001 per share (the “Ordinary Shares”), and one-third of one redeemable public warrant (each whole public warrant, a “Public Warrant”). Each Public Warrant entitles the holder thereof to purchase one Ordinary Share at a price of $11.50 per share, subject to adjustment. The Units
FORM OF WARRANT AGREEMENTForm of Warrant Agreement • June 9th, 2021 • Waverley Capital Acquisition Corp. 1 • Blank checks • New York
THIS WARRANT AGREEMENT, dated as of [ ], 2021 (as amended, supplemented or otherwise modified from time to time, this “Agreement”), is by and between Waverley Capital Acquisition Corp. 1, a Cayman Islands exempted company (the “Company”), and Continental Stock Transfer & Trust Company, a New York limited purpose trust company, as warrant agent (in such capacity, the “Warrant Agent”).
FORM OF INVESTMENT MANAGEMENT TRUST AGREEMENTInvestment Management Trust Agreement • August 2nd, 2021 • Waverley Capital Acquisition Corp. 1 • Blank checks • New York
THIS INVESTMENT MANAGEMENT TRUST AGREEMENT is made effective as of [ ], 2021 (as amended, supplemented or otherwise modified from time to time, this “Agreement”), by and between Waverley Capital Acquisition Corp. 1, a Cayman Islands exempted company (the “Company”), and Continental Stock Transfer & Trust Company, a New York limited purpose trust company (the “Trustee”).
WAVERLEY CAPITAL ACQUISITION CORP. 1Waverley Capital Acquisition Corp. 1 • August 25th, 2021 • Blank checks • New York
This letter will confirm our agreement that, commencing on the effective date (the “Effective Date”) of the registration statement on Form S-1 (the “Registration Statement”) for the initial public offering (the “IPO”) of the securities of Waverley Capital Acquisition Corp. 1, a Cayman Islands exempted company (the “Company”), and continuing until the earlier of (i) the consummation by the Company of an initial business combination and (ii) the Company’s liquidation (in each case, as described in the Registration Statement) (such earlier date hereinafter referred to as the “Termination Date”), WCAC1 Sponsor LLC, a Delaware limited liability company (the “Sponsor”), shall take steps directly or indirectly to make available to the Company office space and secretarial and administrative services as may be required by the Company from time to time. In exchange therefor, the Company shall pay the Sponsor a sum of $20,000 per month on the Effective Date and continuing monthly thereafter until
WAVERLEY CAPITAL ACQUISITION CORP. 1Waverley Capital Acquisition Corp. 1 • March 30th, 2021 • New York
This letter will confirm our agreement that, commencing on the effective date (the “Effective Date”) of the registration statement on Form S-1 (the “Registration Statement”) for the initial public offering (the “IPO”) of the securities of Waverley Capital Acquisition Corp. 1, a Cayman Islands exempted company (the “Company”), and continuing until the earlier of (i) the consummation by the Company of an initial business combination and (ii) the Company’s liquidation (in each case, as described in the Registration Statement) (such earlier date hereinafter referred to as the “Termination Date”), WCAC1 Sponsor LLC, a Delaware limited liability company (the “Sponsor”), shall take steps directly or indirectly to make available to the Company office space and secretarial and administrative services as may be required by the Company from time to time. In exchange therefor, the Company shall pay the Sponsor a sum of $20,000 per month on the Effective Date and continuing monthly thereafter until
