Subscription Agreement between NewHold Investment Corp. and NewHold Industrial Technology Holdings LLC (February 28, 2020)
NewHold Industrial Technology Holdings LLC agrees to purchase 4,312,500 shares of Class B common stock from NewHold Investment Corp. for $25,000. The agreement is subject to the company's Certificate of Incorporation and By-laws. The shares will be registered in the name and address provided by NewHold Industrial Technology Holdings LLC. Both parties signed the agreement on February 28, 2020.
Exhibit 10.5
SUBSCRIPTION AGREEMENT
TO: The Directors of NewHold Investment Corp. (the “Company”).
I hereby subscribe for 4,312,500 shares (the “Shares”) of Class B common stock of the Company. In consideration for the issue of the shares, we hereby agree and undertake to pay $25,000 to the Company.
We agree to accept the Shares subject to the Certificate of Incorporation and By-laws of the Company and we authorize you to enter the following name and address in the stockholders ledger of the Company:
| Name: | NewHold Industrial Technology Holdings LLC |
| Address: | 52 Vanderbilt Avenue, Suite 1501 |
| New York, NY 10017 |
NEWHOLD INDUSTRIAL TECHNOLOGY HOLDINGS LLC
| Signed: | /s/ Adam Deutsch | |
| Name: | Adam Deutsch |
Dated: February 28, 2020
Accepted:
NEWHOLD INVESTMENT CORP.
| Signed: | /s/ Kevin Charlton | |
| Name: | Kevin Charlton | |
| Title: | Chief Executive Officer | |
| Dated: | February 28, 2020 |
