Subscription Letter, dated May 24, 2017, between the Registrant and Capitol Acquisition Founder V LLC
Exhibit 10.6
May 24, 2017
To the Board of Directors of Capitol Investment Corp. V
Dear Sirs:
The undersigned hereby offers to purchase an aggregate of 1,437,500 Class B ordinary shares (“Shares”) of Capitol Investment Corp. V (“Company”) for an aggregate purchase price, and total consideration, of US$8,333.33.
The undersigned represents and warrants that it has been advised that the Shares have not been registered under the United States Securities Act of 1933, as amended (“Securities Act”); that it is acquiring the Shares for its account for investment purposes only; that it has no present intention of selling or otherwise disposing of the Shares in violation of the securities laws of the United States; that it is an “accredited investor” as defined by Rule 501 of Regulation D promulgated under the Securities Act; and that it is familiar with the proposed business, management, financial condition and affairs of the Company.
This letter agreement shall be governed by the laws of the Cayman Islands.
| Very truly yours, | ||
| CAPITOL ACQUISITION FOUNDER V LLC | ||
| By: | /s/ L. Dyson Dryden | |
| Name: L. Dyson Dryden | ||
| Title: Chief Executive Officer |
Accepted and Agreed:
| CAPITOL INVESTMENT CORP. V | ||
| By: | /s/ Mark D. Ein | |
| Name: Mark D. Ein | ||
| Title: Chief Executive Officer | ||
