Irrevocable Surrender of Class B Ordinary Shares Agreement between Worldwide Webb Acquisition Sponsor, LLC and Worldwide Webb Acquisition Corp.

Contract Categories: Business Finance Stock Agreements
Summary

Worldwide Webb Acquisition Sponsor, LLC has agreed to irrevocably surrender 2,875,000 of its Class B ordinary shares in Worldwide Webb Acquisition Corp. for no payment. This action is taken in accordance with Cayman Islands law and is confirmed in writing to the company's directors. The Sponsor also confirms that it has not received any share certificates for these shares as of the date of the notice.

EX-10.9 17 tm2110970d7_ex10-9.htm EXHIBIT 10.9

 

Exhibit 10.9

 

Worldwide Webb Acquisition Corp. (the "Company")

770 E Technology Way F13-16

Orem, UT 84097

Attention: The Directors

 

16 September 2021

 

Irrevocable notice of surrender of Class B ordinary shares for nil consideration, in accordance with section 37B of the Companies Act (As Revised) of the Cayman Islands

 

Worldwide Webb Acquisition Sponsor, LLC, a Cayman Islands limited liability company (“Sponsor”), hereby irrevocably surrenders to the Company for cancellation and for nil consideration 2,875,000 Class B ordinary shares of a par value of US$0.0001 each standing in its name in the register of members of the Company.

 

Sponsor hereby confirms that the Company has not, as at the date of this letter, issued any share certificates to it.

 

 

WORLDWIDE WEBB ACQUISITION SPONSOR, LLC

 

 

By: /s/ Daniel S. Webb  
  Name: Daniel S. Webb  
  Title: Chief Executive Officer