Exhibit 10.16


 


 


January 5, 2021


 


Edoc Acquisition Corp.


7612 Main Street Fishers


Suite 200


Victor, NY 14564


Attention: Kevin Chen


 


I-Bankers Securities
Inc.


535 5th Ave


Suite 423


New York, New York
10017


Attention: Mike McCrory


 


Dear Messrs. Chen and
McCrory:


 


Reference is made to the Letter
Agreement, dated November 9, 2020 (the “Letter Agreement”) by and among Edoc Acquisition Corp., a Cayman Islands
exempted company (the “Company”), American Physicians LLC (“Sponsor”) and the Insiders
(as defined in the Letter Agreement). The Letter Agreement was delivered to you in accordance with the Underwriting Agreement (the “Underwriting
Agreement”) entered into by and between the Company and I-Bankers Securities Inc., as Representative (the “Representative”)
of the several Underwriters named in Schedule A thereto (the “Underwriters”), relating to an underwritten initial
public offering (the “IPO”) of the Company’s units (the “Units”), each comprised
of one Class A ordinary share, $0.0001 par value per share, of the Company (the “Class A Ordinary Shares”) and
one redeemable warrant (the “Warrant”) to purchase one-half of one Class A Ordinary Share and one right to receive
one-tenth (1/10) of one Class A Ordinary Share upon the consummation of the Company’s initial business combination (the “Right”).
Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Letter Agreement.


 


The undersigned, Christine Zhao,
Chief Financial Officer of the Company, is an Insider and a signatory to the Letter Agreement. As you are aware, pursuant to Section 15
of the Letter Agreement, the undersigned agreed not to become involved with another publicly listed blank check company with a class of
securities registered under the Exchange Act prior to the Company announcing an agreement with an acquisition target for its initial Business
Combination, or the expiration of the period for the Company to announce and/or complete the Company’s initial Business Combination.


 


In view of the fact that the Registration
Statement permits Insiders to participate in other blank check companies, whether or not the Company has announced an agreement for its
initial Business Combination, the undersigned hereby requests that each of the Company and the Representative partially waive compliance
by the undersigned with Section 15 of the Letter Agreement, to enable the undersigned to serve as an independent director of one other
publicly listed blank check company prior to the completion of the Company’s initial Business Combination (the “Other
Directorship”, subject to the following conditions:


 


		(a)	Such other publicly listed blank check company shall focus on acquisition targets outside of the health
care and health care provider space in North America and Asia-Pacific;



 


		(b)	The undersigned agrees that, if she becomes aware of a business combination opportunity through her Other
Directorship that might be suitable to the Company’s business or investment strategy (a “Competitive Opportunity”),
she will recuse herself from all discussions, deliberations, or decisions of the other publicly listed blank check company with respect
to such Competitive Opportunity.



 


		(c)	On or prior to the date hereof, such publicly listed blank check company has submitted written acknowledgement
to each of the Company and the Representative that the undersigned’s entry into this letter and fulfillment of obligations herein
does and will not violate any of her contractual or fiduciary obligations to such company.



 


By signing the counterpart to
this letter, each of the Company and the Representative, for good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, hereby (i) consents to the Other Directorship and waives in part the compliance by the undersigned with Section 15
of the Letter Agreement, and (ii) confirms and acknowledges that, subject to the satisfaction of the conditions stated herein, the Other
Directorship shall not constitute a breach of the Company’s covenant under Section 15 of the Letter Agreement. Except as specifically
waived herein, the Company retains all rights, and the undersigned retains all obligations, as set forth in the Letter Agreement, and
the Representative retains all rights as set forth in the Underwriting Agreement.


 


[Signature page follows]


 






     


     


    




 


 


If you are in agreement with the
foregoing, kindly indicate such agreement by signing the counterpart to this letter and returning the signed copy thereof to the Company
at the address first written above or by e-mail at kevin.chen@edocmed.net.





 


	 	Sincerely,
	 	 
	 	/s/ Christine Zhao
	 	Christine Zhao
	 	 
	 		









 


  


ACKNOWLEDGED AND AGREED TO:


 


EDOC ACQUISITION CORP.


 


 


By: /s/ Kevin Chen___________________


Name: Kevin Chen


Title: Chief Executive Officer


 


Date: January 5, 2021


 


 


I-BANKERS SECURITIES INC.


 


 


By: /s/ Mike McCrory_________________


Name: Mike McCrory


Title: Chief Executive Officer


 


Date: January 5, 2021


 


 


[Signature Page to Zhao Insider Waiver Letter]