SUPPORT SERVICES AGREEMENT
This Support Services Agreement (this Agreement), dated as of [●], 2021, is made and entered into by and between Crucible Acquisition Corp. III, a Delaware corporation (the Company), and Foundry Crucible III, LLC, a Delaware limited liability company (the Service Provider and, together with the Company, the Parties and, each individually, a Party).
WHEREAS, the Company intends to consummate an initial public offering of the Companys securities (the Public Offering);
WHEREAS, the Company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (a Business Combination); and
WHEREAS, the Company wishes to retain the Service Provider to provide certain support and administrative services, commencing on the date the securities of the Company are first listed on the New York Stock Exchange (the Listing Date) and continuing until the earlier of the consummation by the Company of an initial Business Combination and the Companys liquidation (in each case, as described in the Registration Statement on Form S-1 (File No. 333-) filed with the Securities and Exchange Commission related to the Public Offering) (such earlier date hereinafter referred to as the Termination Date).
NOW, THEREFORE, in consideration of the mutual covenants and undertakings contained in this Agreement, the Company and the Service Provider, intending to be legally bound, agree as follows:
Section 1.1 Services Generally. Commencing on the Listing Date and continuing until the Termination Date, to the extent reasonably requested by the Company, the Service Provider shall render to the Company, by and through such of the Service Providers officers, employees, independent contractors, consultants, agents, representatives and affiliates as the Service Provider, in its sole discretion, may designate from time to time, support and administrative services (collectively, the Services), including research, due diligence, transaction process management and execution, information technology, public and investor relations, legal, facilities management, back office, vendor management, accounting, book and record keeping, cash management, secretarial services and other services in connection with identifying and evaluating potential initial Business Combination targets that the Service Provider may recommend to the Company; provided that the Service Provider shall not provide any investment advice to the Company.
Section 1.2 No Authority to Bind Principal. Notwithstanding any provision to the contrary in this Agreement, the Service Provider shall not represent to any party that it possesses, and it does not in fact possess, the authority to execute binding contracts on behalf of the Company with any third party.