Subscription Agreement, dated September 24, 2020, by and between the Registrant and the Sponsor

Contract Categories: Business Finance - Subscription Agreements
EX-10.7 11 tm2033307d14_ex10-7.htm EXHIBIT 10.7

 

Exhibit 10.7 

 

Execution Version

 

SUBSCRIPTION AGREEMENT

 

TO:      The Directors of Rodgers Silicon Valley Acquisition Corp. (the “Company”).

 

The undersigned hereby subscribes for 5,750,000 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:Rodgers Capital, LLC

 

Address:535 Eastview Way

Woodside, CA 94062

 

Dated:   September 24, 2020

 

Signed:/s/ Thurman J. Rodgers  

Name:  Thurman J. Rodgers 

Title:  Manager

 

Dated:     September 24, 2020

 

Accepted:

 

RODGERS SILICON VALLEY ACQUISITION CORP.

 

Signed:/s/ Thurman J. Rodgers  

Name:  Thurman J. Rodgers 

Title:  Chief Executive Officer

 

Dated:     September 24,, 2020