EX-10.5
from S-1
10 pages
Crucible Acquisition Corp. III, a Delaware Corporation (The “Company”), Is Pleased to Accept the Offer Foundry Crucible III, LLC, a Delaware Limited Liability Company (The “Subscriber” or “You”), Has Made to Subscribe for 10,062,500 Shares of Class B Common Stock (The “Shares”), $0.0001 Par Value Per Share, of the Company (The “Class B Shares”), Up to 1,312,500 of Which Are Subject to Forfeiture by You if the Underwriters of the Company’s Initial Public Offering of Its Securities (“Ipo”), if Any, Do Not Fully Exercise Their Over-Allotment Option (The “Over-Allotment Option”). for the Purposes of This Agreement (This “Agreement”), References to “Common Stock” Are To, Collectively, the Class B Shares and the Company’s Shares of Class a Common Stock, $0.0001 Par Value Per Share (The “Class a Shares”). Upon Certain Terms and Conditions, the Class B Shares Will Automatically Convert Into Class a Shares on a One-For-One Basis, Subject to Adjustment. Unless the Context Otherwise Requires, as Used Herein “Shares” Shall Be Deemed to Include Any Class a Shares Issued Upon Conversion of the Class B Shares Comprising the Shares. the Terms on Which the Company Is Willing to Issue the Shares to the Subscriber, and the Company and the Subscriber’s Agreements Regarding Such Shares, Are as Follows: 1. Subscription of Shares
12/34/56