WARRANT AGREEMENT GLOBAL STAR ACQUISITION, INC. and CONTINENTAL STOCK TRANSFER & TRUST COMPANYWarrant Agreement • April 29th, 2022 • Global Star Acquisition Inc. • Blank checks • New York
This Warrant Agreement (this “Agreement”), is made as of [ ], 2022, between Global Star Acquisition, Inc., a Delaware corporation (the “Company”), and Continental Stock Transfer & Trust Company, a limited purpose trust company, as warrant agent (in such capacity, the “Warrant Agent”).
GLOBAL STAR ACQUISITION INC.Global Star Acquisition Inc. • April 29th, 2022 • Blank checks • New York
This agreement (the “Agreement”) is entered into on February 14, 2022 by and between Global Star Acquisition 1 LLC, a Delaware limited liability company (the “Subscriber” or “you”), and Global Star Acquisition Inc., a Delaware corporation (the “Company,” “we” or “us”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to purchase 2,875,000 shares of Class B common stock, $0.0001 par value per share (the “Shares”), up to 375,000 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:
