Company: COPL-UN
Filing Date: 2025-02-03
Form Type: S-1/A
Source: 0001829126-25-000620
Chunk: 191

Company: Copley Acquisition Corp
Filing Date: 2025-02-03
Form: S-1/A
Chunk 191
---
 individual, by virtue of laws of descent and distribution upon death of such person; (d) in the        
 case of an individual, pursuant to a qualified domestic relations order; (e) in the case of a trust by distribution to one or more         
 permissible beneficiaries of such trust; (f) by private sales or transfers made in connection with any forward purchase agreement          
 or similar arrangement, in connection with an extension of the completion window or in connection with the consummation of a business      
 combination at prices no greater than the price at which the securities were originally purchased; (g) to us for no value for cancellation 
 in connection with the consummation of the initial business combination; (h) in the event of our liquidation prior to our consummation     
 of our initial business combination; (i) by virtue of the laws of the State of Delaware, the Sponsor’s limited liability company           
 agreement, upon dissolution of the Sponsor; and (j) in the event that, subsequent to our consummation of an initial business combination,  
 we complete a liquidation, merger, share exchange or other similar transaction which results in all of our shareholders having the         
 right to exchange their Class A ordinary shares for cash, securities or other property; provided, however, that in the case of clauses     
 (a) through (f) these permitted transferees must enter into a written agreement agreeing to be bound by these transfer restrictions        
 and the other restrictions contained in the letter agreement.                                                                              |

<div align='center'>123</div>

| Subject Securities               |     | Expiration Date                                                  |     | Natural Persons and                       
 Entities Subject to Restrictions          |     | Exceptions to Transfer Restrictions |
| Placement Units Placement Shares 
 Placement Warrants               |     | 30 days after the completion of our initial business combination |     | Our sponsor,                              
 officers, directors and director nominees |     | Same as above.                      |

While the non-managing sponsor member will not be a party to the letter agreement discussed above with each of our sponsor, directors and officers, and it does not fall under the definition of an “Insider” contained in such letter agreement, it will be bound by the restrictions set forth above with respect to its allocated founder shares and placement units or securities comprising the placement units to the extent of, and as a result of, its ownership of membership interests in the sponsor and their control by the sponsor’s manager. The non-managing sponsor member will not otherwise be bound by the terms of the letter agreement and is not