Subscription Agreement between OPY Acquisition I LLC and OPY Acquisition Corp. I for Common Stock Purchase
OPY Acquisition I LLC agrees to purchase 2,875,000 shares of common stock from OPY Acquisition Corp. I for $25,000. The shares will be issued subject to the company's Certificate of Incorporation and By-laws. The agreement is signed by representatives of both parties and dated August 20, 2020.
Exhibit 10.5
SUBSCRIPTION AGREEMENT
TO: The Directors of OPY Acquisition Corp. I (the “Company”).
The undersigned hereby subscribes for 2,875,000 shares of common stock (the “Shares”) of the Company. In consideration for the issue of the Shares, the undersigned hereby agrees and undertakes to pay $25,000 to the Company.
We agree to take 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: Address: | OPY ACQUISITION I LLC c/o Oppenheimer & Co. Inc 85 Broad Street, 22nd Floor New York, NY 10004 |
OPY ACQUISITION I LLC]
Signed: /s/ Robert S. Lowenthal
Name: Robert S. Lowenthal
Title: President
Dated: August 20, 2020
Accepted:
OPY ACQUISITION CORP. I
Signed: /s/ Dennis P. McNamara
Name: Dennis P. McNamara
Title: Senior Vice President and Secretary
Dated: August 20, 2020
