Restricted Class A Shares. The Restricted Class A Shares shall be substantially identical to the Class A ordinary shares underlying the Units, except the Restricted Class A Shares: (i) will vest upon the consummation of a Business Combination, (ii) will be subject to the transfer restrictions described herein, and (iii) are being purchased pursuant to an exemption from the registration requirements of the Securities Act and will become freely tradable only after certain conditions are met or the resale of the Restricted Class A Shares is registered under the Securities Act.
Appears in 3 contracts
Sources: Unit and Restricted Share Subscription Agreement (Plum Acquisition Corp, IV), Unit and Restricted Share Subscription Agreement (Plum Acquisition Corp, IV), Unit and Restricted Share Subscription Agreement (Plum Acquisition Corp, IV)