ARGUS CAPITAL CORP. New York, NY 10065 April 22, 2021 (“Effective Date”)Letter Agreement • June 7th, 2021 • Argus Capital Corp. • Blank checks • New York
This letter agreement (this “Agreement”) is entered into as of the Effective Date between Argus Sponsor LLC, a Delaware limited liability company (the “Subscriber” or “you”), and Argus Capital Corp., a Delaware corporation (the “Company,” “we” or “us”) and confirms the Company’s acceptance of the offer the Subscriber has made to purchase 11,500,000 shares of Class B common stock, $0.0001 par value per share (the “Shares”), up to 1,500,000 of which are subject to forfeiture by you if the underwriters of the initial public offering (“IPO”) of units (“Units”) of the Company do not fully exercise their over-allotment option (the “Over-allotment Option”). The Company and the Subscriber’s agreements regarding such Shares are as follows:
