Exhibit 10.10


 


UNIT SUBSCRIPTION AGREEMENT


 


This UNIT SUBSCRIPTION AGREEMENT
(this “Agreement”) is made as of the [●] day of 2021, by and between Newcourt Acquisition Corp, a Cayman Islands
company (the “Company”), having its principal place of business at 2201 Broadway, Suite 705, Oakland, CA 94612, and
Cohen & Company Capital Markets (the “Subscriber”).


 


WHEREAS, the Company desires
to sell on a private placement basis (the “Offering”) an aggregate of 30,000 units (“Units”) of
the Company (or up to 34,500 Units if the underwriters’ over-allotment option is exercised in full), each Unit comprised of one
Class A ordinary share of the Company, par value $0.0001 per share (“Common Shares”), and one-half of one warrant
to purchase one Class A ordinary share (“Warrant”), for a purchase price of $300,000 (or up to $345,000 if the underwriters’
over-allotment option is exercised in full), or $10.00 per Unit. The Common Shares underlying the Warrants are hereinafter referred to
as the “Warrant Shares.” The Common Shares underlying the Units (excluding the Warrant Shares) are hereinafter referred
to as the “Placement Shares.” The Warrants underlying the Units are hereinafter referred to as the “Placement
Warrants.” The Units, Placement Shares, Placement Warrants and Warrant Shares, collectively, are hereinafter referred to as
the “Securities.” Placement Warrants may be exercised only to the extent that, when aggregated with other Placement
Warrants being exercised, the exercise is for a whole share or whole shares; no fractional shares shall be issuable. The exercise price
for any Warrant Share shall be $11.50. Subject to the foregoing, the Placement Warrants are exercisable during the period commencing
on the later of (i) twelve (12) months from the date of the completion of the Company’s initial public offering of units (the “IPO”)
and (ii) 30 days following the consummation of the Company’s initial business combination (the “Business Combination”),
as such term is defined in the registration statement filed in connection with the IPO, as amended at the time it becomes effective (the
 “Registration Statement”), and expiring on the fifth anniversary of the consummation of the Business Combination;
and


 


WHEREAS, the Subscriber wishes
to purchase the Units from the Company and the Company wishes to accept such subscription from the Subscriber.


 


NOW, THEREFORE, in consideration
of the premises and the mutual covenants hereinafter set forth and other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the Company and the Subscriber hereby agree as follows:


 


	 	1.	Agreement to Subscribe


 


1.1 Purchase and Issuance
of the Units. Upon the terms and subject to the conditions of this Agreement, the Subscriber hereby agrees to purchase from the Company,
and the Company hereby agrees to sell to the Subscriber, on the Closing Date (as defined below), 30,000 Units at a price of $10.00 per
Unit for an aggregate purchase price of $300,000 (the “Purchase Price”). The
Purchase Price shall be paid by wire transfer of immediately available funds to the Company in accordance with the Company’s wiring
instructions at least one business day prior to the date of effectiveness of the registration statement to be filed in connection with
the IPO. On the Closing Date, the Company, shall either, at its option, deliver a certificate evidencing the Units purchased by the Subscriber
on such date duly registered in the Subscriber’s name to the Subscriber, or effect such delivery in book-entry form. On the date
of the consummation of the closing of the over-allotment option in connection with the IPO, and concurrently with the consummation thereof,
or on such earlier time and date as may be mutually agreed by the Subscriber and the Company (each such date, an “Over-allotment
Closing Date”; together with the Initial Closing Date, the “Closing Dates” and each, a “Closing
Date”), the Company shall issue and sell to the Subscriber, and the Subscriber shall purchase from the Company, up to an aggregate
of 4,500 Units, in the same proportion as the amount of the over-allotment option that is exercised, at a price of $10.00 per Unit for
an aggregate purchase price of up to $45,000 (if the over-allotment option in connection with the IPO is exercised in full) (the “Over-allotment
Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company in accordance with the
Company’s wiring instructions. On the Over-allotment Closing Date, upon the payment by the Subscriber of the Over-allotment Purchase
Price payable by it by wire transfer of immediately available funds to the Company, the Company shall either, at its option, deliver
a certificate evidencing the Units purchased by the Subscriber on such date duly registered in the Subscriber’s name to the Subscriber,
or effect such delivery in book-entry form.


 


1.2 Termination. This
Agreement and each of the obligations of the undersigned shall be null and void and without effect if the Closing does not occur prior
to December 31, 2021.


 


	 	2.	Representations and Warranties of Subscriber


 


The Subscriber represents
and warrants to the Company that:


 


2.1 No Government Recommendation
or Approval. Subscriber understands that no federal or state agency has passed upon or made any recommendation or endorsement of the
Company or the Offering of the Securities.


 






     


     


    

 


2.2 Accredited Investor.
Subscriber represents that it is an “accredited investor” as such term is defined in Rule 501(a) of Regulation D
under the Securities Act of 1933, as amended (the “Securities Act”), and acknowledges that the sale contemplated hereby
is being made in reliance, among other things, on a private placement exemption to “accredited investors” under the Securities
Act and similar exemptions under state law.


 


2.3
Intent. Subscriber is purchasing the Securities solely for investment purposes, for such Subscriber’s own account (and/or
for the account or benefit of its members or affiliates, as permitted, pursuant to the terms hereof), and not with a view to the distribution
thereof and Subscriber has no present arrangement to sell the Securities to or through any person or entity except as may be permitted
hereunder. Subscriber shall not engage in hedging transactions with regard to the Securities unless in compliance with the Securities
Act.


 


2.4 Restrictions on Transfer.
Subscriber acknowledges and understands the Units are being offered in a transaction not involving a public offering in the United States
within the meaning of the Securities Act. The Securities have not been registered under the Securities Act and, if in the future Subscriber
decides to offer, resell, pledge or otherwise transfer the Securities, such Securities may be offered, resold, pledged or otherwise transferred
only (A) pursuant to an effective registration statement filed under the Securities Act, (B) pursuant to an exemption from registration
under Rule 144 promulgated under the Securities Act, if available, or (C) pursuant to any other available exemption from the registration
requirements of the Securities Act, and in each case in accordance with any applicable securities laws of any state or any other jurisdiction.
Notwithstanding the foregoing, Subscriber acknowledges and understands the Securities are subject to transfer restrictions as described
in Section 8 hereof. Subscriber agrees that, if any transfer of its Securities or any interest therein is proposed to be made, as a condition
precedent to any such transfer Subscriber may be required to deliver to the Company an opinion of counsel satisfactory to the Company
with respect to such transfer. Absent registration or another available exemption from registration, Subscriber agrees it will not transfer
the Securities (unless otherwise permitted pursuant to the terms hereunder, as described in the Registration Statement). Subscriber further
acknowledges that because the Company is a shell company, Rule 144 may not be available to Subscriber for the resale of the Securities
until the one year anniversary following consummation of the Business Combination, despite technical compliance with the requirements
of Rule 144 and the release or waiver of any contractual transfer restrictions.


 


2.5 Sophisticated Investor.


 


(i) Subscriber is sophisticated in financial matters and is able to
evaluate the risks and benefits of the investment in the Securities.


 


(ii) Subscriber is aware
that an investment in the Securities is highly speculative and subject to substantial risks because, among other things, (a) the
Securities are subject to transfer restrictions and have not been registered under the Securities Act and therefore cannot be sold unless
subsequently registered under the Securities Act or an exemption from such registration is available and (b) Subscriber has waived
its redemption rights with respect to the Securities as set forth in Section 5 hereof, and the Securities held by Subscriber are
not entitled to, and have no right, interest or claim to any monies held in the Trust Account, and accordingly Subscriber may suffer a
loss of a portion or all of its investment in the Securities. Subscriber is able to bear the economic risk of its investment in the Securities
for an indefinite period of time.


 


2.6 Independent Investigation.
Subscriber, in making the decision to purchase the Units, has relied upon an independent investigation of the Company and has not relied
upon any information or representations made by any third parties or upon any oral or written representations or assurances from the Company,
its officers, directors or employees or any other representatives or agents of the Company, other than as set forth in this Agreement.
Subscriber is familiar with the business, operations and financial condition of the Company and has had an opportunity to ask questions
of, and receive answers from the Company’s officers and directors concerning the Company and the terms and conditions of the Offering
and has had full access to such other information concerning the Company as Subscriber has requested. Subscriber confirms that all documents
that it has requested have been made available and that Subscriber has been supplied with all of the additional information concerning
this investment which Subscriber has requested.


 






     


     


    

 


2.7 Organization and Authority.
Subscriber is duly organized, validly existing and in good standing under the laws of the State of Delaware and it possesses all requisite
power and authority necessary to carry out the transactions contemplated by this Agreement.


 


2.8 Authority. This
Agreement has been validly authorized, executed and delivered by Subscriber and is a valid and binding agreement enforceable in accordance
with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, fraudulent conveyance, moratorium,
reorganization, or similar laws relating to, or affecting generally the enforcement of, creditors’ rights and remedies or by equitable
principles of general application and except as enforcement of rights to indemnity and contribution may be limited by federal and state
securities laws or principles of public policy.


 


2.9 No Conflicts. The
execution, delivery and performance of this Agreement and the consummation by Subscriber of the transactions contemplated hereby do not
violate, conflict with or constitute a default under (i) Subscriber's charter documents, (ii) any agreement or instrument to
which Subscriber is a party or (iii) any law, statute, rule or regulation to which Subscriber is subject, or any agreement,
order, judgment or decree to which Subscriber is subject.


 


2.10 No Legal Advice from
Company. Subscriber acknowledges it has had the opportunity to review this Agreement and the transactions contemplated by this Agreement
and the other agreements entered into between the parties hereto with Subscriber’s own legal counsel and investment and tax advisors.
Except for any statements or representations of the Company made in this Agreement and the other agreements entered into between the parties
hereto, Subscriber is relying solely on such review, counsel and advisors and not on any statements or representations of the Company
or any of its representatives or agents for legal, tax or investment advice with respect to this investment, the transactions contemplated
by this Agreement or the securities laws of any jurisdiction.


 


2.11 Reliance on Representations
and Warranties. Subscriber understands the Units are being offered and sold to Subscriber in reliance on exemptions from the registration
requirements under the Securities Act, and analogous provisions in the laws and regulations of various states, and that the Company is
relying upon the truth and accuracy of the representations, warranties, agreements, acknowledgments and understandings of Subscriber set
forth in this Agreement in order to determine the applicability of such provisions.


 


2.12 No General Solicitation.
Subscriber is not subscribing for the Units as a result of or subsequent to any general solicitation or general advertising, including
but not limited to any advertisement, article, notice or other communication published in any newspaper, magazine, or similar media or
broadcast over television or radio, or presented at any seminar or meeting or in a registration statement with respect to the IPO filed
with the Securities and Exchange Commission (“SEC”).


 


2.13 Legend. Subscriber
acknowledges and agrees the certificates evidencing each of the Securities shall bear a restrictive legend (the “Legend”),
in form and substance substantially as set forth in Section 4 hereof.


 


	 	3.	Representations, Warranties and Covenants of the Company


 


The Company represents and
warrants to, and agrees with, Subscriber that:


 


3.1 Valid Issuance of Capital Stock. The total number of shares
of all classes of ordinary and preferred shares which the Company has authority to issue is 110,000,000 ordinary shares and 1,000,000
preference shares (“Preferred Shares”). As of the date hereof, the Company has issued and outstanding 6,015,000 Class
B ordinary shares (of which up to 765,000 shares are subject to forfeiture) and no Preferred Shares. All of the issued ordinary shares
of the Company have been duly authorized, validly issued, and are fully paid and non-assessable.


 


3.2 Title to Securities. Upon issuance in accordance with, and
payment pursuant to, the terms hereof and the Warrant Agreement (as defined in Section 9), as the case may be, each of the Units, Placement
Shares, Placement Warrants and the Warrant Shares will be duly and validly issued, fully paid and non-assessable. On the date of issuance
of the Units, the Warrant Shares shall have been reserved for issuance. Upon issuance in accordance with, and payment pursuant to, the
terms hereof and the Warrant Agreement, as the case may be, the Subscriber will have or receive good title to the Units, Placement Shares
and Placement Warrants, free and clear of all liens, claims and encumbrances of any kind resulting from actions of, or any failure to
act by, the Company, other than (i) transfer restrictions hereunder and (ii) transfer restrictions under federal and state securities
laws.


 






     


     


    

 


3.3 Organization and Qualification.
The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware and
has the requisite corporate power to own its properties and assets and to carry on its business as now being conducted.


 


3.4 Authorization; Enforcement.
(i) The Company has the requisite corporate power and authority to enter into and perform its obligations under this Agreement and
to issue the Securities in accordance with the terms hereof, (ii) the execution, delivery and performance of this Agreement by the
Company and the consummation by it of the transactions contemplated hereby have been duly authorized by all necessary corporate action,
and no further consent or authorization of the Company or its Board of Directors or shareholders is required, and (iii) this Agreement
constitutes a valid and binding obligation of the Company enforceable against the Company in accordance with its terms, except as such
enforceability may be limited by applicable bankruptcy, insolvency, fraudulent conveyance, moratorium, reorganization, or similar laws
relating to, or affecting generally the enforcement of, creditors’ rights and remedies or by equitable principles of general application
and except as enforcement of rights to indemnity and contribution may be limited by federal and state securities laws or principles of
public policy.


 


3.5 No Conflicts. The
execution, delivery and performance of this Agreement and the consummation by the Company of the transactions contemplated hereby do not
(i) result in a violation of the Company’s certificate of incorporation or by-laws, (ii) conflict with, or constitute
a default under any agreement or instrument to which the Company is a party or by which it is bound or (iii) violate any law statute,
rule or regulation to which the Company is subject or any agreement, order, judgment or decree to which the Company is subject. Other
than any SEC or state securities filings which may be required to be made by the Company subsequent to the Closing, and any registration
statement which may be filed pursuant thereto, the Company is not required under federal, state or local law, rule or regulation
to obtain any consent, authorization or order of, or make any filing or registration with, any court or governmental agency or self-regulatory
entity in order for it to perform any of its obligations under this Agreement or issue the Units, Placement Shares, Placement Warrants
or the Warrant Shares in accordance with the terms hereof.


 


	 	4.	Legends 


 


4.1 Legend. The Company
will issue the Units, Placement Shares and Placement Warrants, and, when issued, the Warrant Shares, purchased by Subscriber in the name
of Subscriber. The Securities will bear the following Legend and appropriate “stop transfer” instructions:


 


“THE SECURITIES REPRESENTED
HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE SECURITIES
LAWS AND NEITHER THESE SECURITIES NOR ANY INTEREST THEREIN MAY BE OFFERED, SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF EXCEPT
PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR SUCH LAWS OR AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES
ACT AND SUCH LAWS WHICH, IN THE OPINION OF COUNSEL FOR THIS CORPORATION, IS AVAILABLE.”


 


“THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO
RESTRICTIONS ON TRANSFER PURSUANT TO A UNIT SUBSCRIPTION AGREEMENT AMONG NEWCOURT ACQUISITION CORP AND CCM AND MAY ONLY BE OFFERED, SOLD,
TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF DURING THE TERM THEREOF PURSUANT TO THE TERMS SET FORTH IN THE UNIT SUBSCRIPTION AGREEMENT.”


 


4.2 Subscriber’s
Compliance. Nothing in this Section 4 shall affect in any way Subscriber’s obligations and agreements to comply with all
applicable securities laws upon resale of the Securities.


 






     


     


    

 


4.3 Company’s Refusal
to Register Transfer of the Securities. The Company shall refuse to register any transfer of the Securities if, in the sole judgment
of the Company, such purported transfer would not be made (i) pursuant to an effective registration statement filed under the Securities
Act, or (ii) pursuant to an available exemption from the registration requirements of the Securities Act and applicable state securities
laws and (iii) in compliance herewith.


 


4.4 Registration Rights.
The Subscriber will be entitled to certain registration rights which will be governed by a registration rights agreement (“Registration
Rights Agreement”) to be entered into between, among others, Subscriber and the Company, on or prior to the effective date of
the Registration Statement.


 


	 	5.	Waiver of Liquidation Distributions.


 


In connection with the Securities purchased pursuant to this Agreement,
the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions with respect to the Securities
in connection with (i) the exercise of redemption rights in connection with the Company’s consummation of the Business Combination,
or (ii) upon the Company’s redemption of Common Shares upon the Company’s failure to consummate the Business Combination within
18 months from the completion of the IPO or the liquidation of the Company prior to the expiration of such 18 month period. In the event
Subscriber purchases Common Shares in the IPO or in the aftermarket (“Public Shares”), Subscriber shall be eligible
to redeem any Public Shares upon the same terms offered to all other purchasers of Common Shares in the IPO.


 


	 	6.	Termination of Placement Warrants.


 


6.1 Failure to Consummate
Business Combination. The Placement Warrants shall be terminated upon the dissolution of the Company or in the event that the Company
does not consummate the Business Combination within 18 months from the completion of the IPO.


 


6.2 Termination of Rights
as Holder. If the Placement Warrants are terminated in accordance with Section 6.1, then after such time, Subscriber (or its
successor in interest) shall no longer have any rights as a holder of such Placement Warrants and the Company shall take such action as
is appropriate to cancel such Placement Warrants. The Subscriber hereby irrevocably grants the Company a limited power of attorney for
the purpose of effectuating the foregoing and agrees to take any and all measures reasonably requested by the Company necessary to effect
the foregoing.


 


	 	7.	Rescission Right Waiver and Indemnification.


 


7.1 The Subscriber
understands and acknowledges an exemption from the registration requirements of the Securities Act requires there be no general solicitation
of purchasers of the Units. In this regard, if the IPO were deemed to be a general solicitation with respect to the Units, the offer
and sale of such Units may not be exempt from registration and, if not, the Subscriber may have a right to rescind its purchases of the
Units. In order to facilitate the completion of the Offering and in order to protect the Company, its shareholders and the amounts in
the Trust Account from claims that may adversely affect the Company or the interests of its shareholders, Subscriber hereby agrees to
waive, to the maximum extent permitted by applicable law, any claims, right to sue or rights in law or arbitration, as the case may be,
to seek rescission of its purchase the Units to the extent that such rescission right results from actions of Subscriber that result
in the IPO being deemed a general solicitation with respect to of the Units. The Subscriber acknowledges and agrees this waiver is being
made in order to induce the Company to sell the Units to Subscriber. The Subscriber agrees the foregoing waiver of rescission rights
shall apply to any and all known or unknown actions, causes of action, suits, claims or proceedings (collectively, “Claims”)
and related losses, costs, penalties, fees, liabilities and damages, whether compensatory, consequential or exemplary, and expenses in
connection therewith, including reasonable attorneys’ and expert witness fees and disbursements and all other expenses reasonably
incurred in investigating, preparing or defending against any Claims, whether pending or threatened, in connection with any present or
future actual or asserted right to rescind the purchase of the Units hereunder or relating to the purchase of the Units and the transactions
contemplated hereby.


 






     


     


    

 


7.2
The Subscriber agrees not to seek recourse against the Trust Account for any reason whatsoever in connection with its purchase
of the Units or any Claim that may arise now or in the future, provided that nothing herein shall preclude Subscriber from making any
Claim or seeking recourse against the funds held outside of the Trust Account.


 


7.3 The Subscriber
acknowledges and agrees that the shareholders of the Company are and shall be third-party beneficiaries of this Section 7.


 


7.4 The Subscriber
agrees that, to the extent any waiver of rights under this Section 7 is ineffective as a matter of law, Subscriber has offered such
waiver for the benefit of the Company as an equitable right that shall survive any statutory disqualification or bar that applies to a
legal right. The Subscriber acknowledges the receipt and sufficiency of consideration received from the Company hereunder in this regard.


 


		8.	Lock-Up
Period





 


8.1
Subscriber agrees that it shall not Transfer any Securities until the earlier of (a) one year after the of the Company’s
initial Business Combination and (b) subsequent to the Company’s initial Business Combination, (x) the date on which the Company
completes a liquidation, merger, share exchange, reorganization or other similar transaction that results in the Company’s public
shareholders having the right to exchange their Common Shares for cash, securities or other property or (y) if the last reported sale
price of the Common Shares equals or exceeds $12.00 per share (as adjusted for share sub-divisions, share capitalizations, reorganizations,
recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after our initial
business combination; provided, however, that Transfers of Securities are permitted (a) to the Company's officers, our directors, the Initial Shareholders, Cantor, CCM, or Cantor or CCM’s officers, directors or direct
or indirect equityholders, (b) to an affiliate or immediate family member of any of our officers, directors, initial shareholders or Cantor
or CCM, (c) to any member, officer or director of Sponsor, or any immediate family member, partner, affiliate or employee of a member
of Sponsor, (d) by gift to any permitted transferee under any of the immediately preceding subsections (a) through (c), a trust, the beneficiaries
of which are one or more permitted transferees under any of the immediately preceding subsections (a) through (c), or a charitable organization,
(e) by virtue of laws of descent and distribution upon death of any of our officers, our directors, the initial shareholders, or members
of Sponsor, or any officers, directors or direct or indirect equityholders of Cantor or CCM, (f) pursuant to a qualified domestic relations
order, (g) in the event of our liquidation prior to consummation of our initial business combination, (h) by virtue of the laws of Delaware,
our sponsor’s limited liability company agreement upon dissolution of any sponsor, the organizational documents of Cantor upon dissolution
of Cantor or the organizational documents of CCM upon the dissolution of CCM, (i) subsequent to the initial Business Combination, upon
and in connection with a liquidation, merger, stock exchange or other similar transaction which results in all of our shareholders having
the right to exchange their ordinary shares for cash, securities or other property, (j) subsequent to the initial Business Combination,
in the event of a consolidation merger, stock exchange or similar transaction in which the company is the surviving entity that results
in a change in the majority of the Company's board of directors or management team and (k) through private sales or transfers made in
connection with any forward purchase agreement or similar arrangement or in connection with the consummation of the Company's initial
Business Combination at prices no greater than the price at which the Founder Shares, Placement Shares or Warrants were originally purchased;
provided, however, that in the case of clauses (a) through (f), (h) and (k) these permitted transferees must enter into a written agreement
agreeing to be bound by these transfer restrictions.


 


8.2 For purposes of Section 8.1, the term “Transfer”
shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise
dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation
with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as
amended, and the rules and regulations of the SEC promulgated thereunder with respect to, any of the Securities, (b) entry into any swap
or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any of the Securities,
whether any such transaction is to be settled by delivery of such Securities, in cash or otherwise, or (c) public announcement of any
intention to effect any transaction specified in clause (a) or (b).


 


	 	9.	Terms of the Units and Placement Warrant


 


The Units and their component parts are substantially identical to
the units to be offered in the IPO except that: (i) the Units and their component parts will be subject to transfer restrictions, except
in limited circumstances, until 30 days following the consummation of the Business Combination, (ii) the Placement Warrants will be non-redeemable
so long as they are held by Subscriber (or any of its permitted transferees), and will be exercisable on a “cashless” basis
if held by a Subscriber or its permitted transferees and will expire on the fifth anniversary of the commencement of sales in the IPO
and (iii) the Units and their component parts are being purchased pursuant to an exemption from the registration requirements of the Securities
Act and will become freely tradable only after they are registered or an exemption from registration is available, and the restrictions
described above in clause (i) have expired.


 


	 	10.	Governing Law; Jurisdiction; Waiver of Jury Trial


 


This Agreement shall be governed
by and construed in accordance with the laws of the State of New York for agreements made and to be wholly performed within such state.
The parties hereto hereby waive any right to a jury trial in connection with any litigation pursuant to this Agreement and the transactions
contemplated hereby.


 


	 	11.	Assignment; Entire Agreement; Amendment	
     



 


11.1 Assignment. Neither
this Agreement nor any rights hereunder may be assigned by any party to any other person other than by a Subscriber to a person agreeing
to be bound by the terms hereof, including the waiver contained in Section 7 hereof.


 


11.2 Entire Agreement.
This Agreement sets forth the entire agreement and understanding between the parties as to the subject matter hereof and merges and supersedes
all prior discussions, agreements and understandings of any and every nature among them.


 


11.3 Amendment. Except
as expressly provided in this Agreement, neither this Agreement nor any term hereof may be amended, waived, discharged or terminated other
than by a written instrument signed by the party against whom enforcement of any such amendment, waiver, discharge or termination is sought.


 


11.4 Binding upon Successors.
This Agreement shall be binding upon and inure to the benefit of the parties hereto and to their respective heirs, legal representatives,
successors and permitted assigns.


 


	 	12.	Notices


 


12.1 Notices. Unless
otherwise provided herein, any notice or other communication to a party hereunder shall be sufficiently given if in writing and personally
delivered or sent by facsimile or other electronic transmission with copy sent in another manner herein provided or sent by courier (which
for all purposes of this Agreement shall include Federal Express or other recognized overnight courier) or mailed to said party by certified
mail, return receipt requested, at its address provided for herein or such other address as either may designate for itself in such notice
to the other. Communications shall be deemed to have been received when delivered personally, on the scheduled arrival date when sent
by next day or 2nd-day courier service, or if sent by facsimile upon receipt of confirmation of transmittal or, if sent by mail, then
three days after deposit in the mail. If given by electronic transmission, such notice shall be deemed to be delivered (a) if by
electronic mail, when directed to an electronic mail address at which the shareholder has consented to receive notice; (b) if by
a posting on an electronic network together with separate notice to the stockholder of such specific posting, upon the later of (1) such
posting and (2) the giving of such separate notice; and (c) if by any other form of electronic transmission, when directed to
the shareholder.


 






     


     


    

 


	 	13.	Counterparts


 


This Agreement may be executed
in two or more counterparts, all of which when taken together shall be considered one and the same agreement and shall become effective
when counterparts have been signed by each party and delivered to the other party, it being understood that both parties need not sign
the same counterpart. In the event that any signature is delivered by facsimile transmission or by e-mail delivery of a “pdf”
format data file, such signature shall create a valid and binding obligation of the party executing (or on whose behalf such signature
is executed) with the same force and effect as if such facsimile or “.pdf” signature page were an original thereof.


 


	 	14.	Survival; Severability


 


14.1 Survival. The
representations, warranties, covenants and agreements of the parties hereto shall survive the Closing.


 


14.2 Severability.
In the event that any provision of this Agreement becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable
or void, this Agreement shall continue in full force and effect without said provision; provided that no such severability shall be effective
if it materially changes the economic benefit of this Agreement to any party.


 


	 	15.	Headings.


 


The titles and subtitles used
in this Agreement are used for convenience only and are not to be considered in construing or interpreting this Agreement.


 


[Remainder of page intentionally left blank]


 






     


     


    

 


Accepted and agreed on the date set forth above.


 


	 	NEWCOURT ACQUISITION CORP 
	 	 	 
	 	By:	 
	 	 	Name: Marc Balkin
	 	 	Title: Chief Executive Officer


 


Accepted and agreed on the date set forth above.


 


	 	
    SUBSCRIBER:

    

COHEN & COMPANY CAPITAL MARKETS

	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title: