Document:

Exhibit
4.6

 

RIGHTS
AGREEMENT

 

This
Rights Agreement (this “Agreement”) is made as of [ ], 2020 between Edoc Acquisition Corp., a Cayman Islands exempted
company, with offices at 7612 Main Street Fishers, Suite 200, Victor, NY 14564 (“Company”), and Continental Stock
Transfer & Trust Company, a New York corporation, with offices at One State Street, 30th Floor, New York,
New York 10004 (“Rights Agent”).

 

WHEREAS,
the Company has received binding commitments from American Physicians LLC, a Delaware limited liability company (the “Sponsor”),
and from I-Bankers Securities, Inc. (the “Representative”) to purchase up to an aggregate of 479,000 units, each unit
(“Unit”) comprised of one Class A ordinary share of the Company, $0.0001 par value per share (“Class A Class
A Ordinary Share ”), one warrant to purchase one-half of one Class A Ordinary Share (“Warrant”) and one right
to receive one-tenth of one Class A Ordinary Share upon the happening of the triggering event described herein (“Right”),
and in connection therewith, will issue and deliver up to an aggregate of 479,000 Rights as part of such Units upon consummation
of such private placement (the “Private Offering”); and

 

WHEREAS,
the Company is engaged in a public offering (“Public Offering”) of Units and, in connection therewith, will issue
and deliver up to 11,500,000 Rights to the public investors; and

 

WHEREAS,
in order to finance the Company’s transaction costs in connection with an intended initial Business Combination (as defined
in the Company’s Amended and Restated Memorandum and Articles of Association), the Sponsor or an affiliate of the Sponsor
or certain of the Company’s executive officers and directors may loan to the Company funds as may be required, of which
up to $1,500,000 of such loans may be convertible into up to an additional 150,000 Units, and in connection therewith, will issue
and deliver up to an aggregate of 150,000 Rights; and

 

WHEREAS,
the Company has filed with the Securities and Exchange Commission (the “SEC”) a Registration Statement on Form S-1,
File No. 333-[ ] (“Registration Statement”), and related Prospectus (“Prospectus”) for the registration,
under the Securities Act of 1933, as amended (“Act”), of, among other securities, the Rights and the Class A Ordinary
Shares issuable to the holders of the Rights; and

  

WHEREAS,
the Company desires the Rights Agent to act on behalf of the Company, and the Rights Agent is willing to so act, in connection
with the issuance, registration, transfer and exchange of the Rights; and

 

WHEREAS,
the Company desires to provide for the form and provisions of the Rights, the terms upon which they shall be issued, and the respective
rights, limitation of rights, and immunities of the Company, the Rights Agent, and the holders of the Rights; and

 

WHEREAS,
all acts and things have been done and performed which are necessary to make the Rights, when executed on behalf of the Company
and countersigned by or on behalf of the Rights Agent, as provided herein, the valid, binding and legal obligations of the Company,
and to authorize the execution and delivery of this Agreement.

 

NOW,
THEREFORE, in consideration of the mutual agreements herein contained, the parties hereto agree as follows:

 

1.  Appointment
of Rights Agent. The Company hereby appoints the Rights Agent to act as agent for the Company for the Rights, and the Rights
Agent hereby accepts such appointment and agrees to perform the same in accordance with the terms and conditions set forth in
this Agreement.

 

2.  Rights.

 

2.1.
 Form of Right. Each Right shall be issued in registered form only, shall
be in substantially the form of Exhibit A hereto, the provisions of which are incorporated herein and shall be signed by, or bear
the facsimile signature of, the Chairman of the Board or Chief Executive Officer and the Secretary of the Company and shall bear
a facsimile of the Company’s seal. In the event the person whose facsimile signature has been placed upon any Right shall
have ceased to serve in the capacity in which such person signed the Right before such Right is issued, it may be issued with
the same effect as if he or she had not ceased to be such at the date of issuance.

 

     

     

    

 

2.2.  Effect
of Countersignature. Unless and until countersigned by the Rights Agent pursuant to this Agreement, a Right shall be invalid
and of no effect and may not be exchanged for Class A Ordinary Shares.

 

2.3.  Registration.

 

2.3.1.  Right
Register. The Rights Agent shall maintain books (“Right Register”) for the registration of original issuance and
the registration of transfer of the Rights. Upon the initial issuance of the Rights, the Rights Agent shall issue and register
the Rights in the names of the respective holders thereof in such denominations and otherwise in accordance with instructions
delivered to the Rights Agent by the Company.

 

2.3.2.  Registered
Holder. Prior to due presentment for registration of transfer of any Right, the Company and the Rights Agent may deem and
treat the person in whose name such Right shall be registered upon the Right Register (“registered holder”) as the
absolute owner of such Right and of each Right represented thereby (notwithstanding any notation of ownership or other writing
on the Right Certificate made by anyone other than the Company or the Rights Agent), for the purpose of the exchange thereof,
and for all other purposes, and neither the Company nor the Rights Agent shall be affected by any notice to the contrary.

 

2.4.
 Detachability of Rights. The securities comprising the Units, including
the Rights, will not be separately transferable until the earlier to occur of: (i) the 52nd day following the
date of the Prospectus or (ii) the announcement by the Representative, as representative of the underwriters in the Public Offering,
of its intention to allow separate earlier trading, except that in no event will the securities comprising the Units be separately
tradeable until the Company files a Current Report on Form 8-K with the SEC which includes an audited balance sheet reflecting
the receipt by the Company of the gross proceeds of the Public Offering including the proceeds received by the Company from the
exercise of the over-allotment option, if the over-allotment option is exercised by the date thereof and the Company issues a
press release and files a Current Report on Form 8-K with the SEC announcing when such separate trading shall begin.

 

3.
 Terms and Exchange of Rights

 

3.1.
 Rights. Each Right shall entitle the holder thereof to receive one-tenth
of one Class A Ordinary Share upon the happening of an Exchange Event (defined below). No additional consideration shall be paid
by a holder of Rights in order to receive his, her or its Class A Ordinary Shares upon an Exchange Event as the purchase price
for such Class A Ordinary Shares has been included in the purchase price for the Units. In no event will the Company be required
to net cash settle the Rights or issue fractional Class A Ordinary Shares.

 

3.2.  Exchange
Event. An “Exchange Event” shall occur upon the Company’s consummation of an initial Business Combination
(as defined in the Company’s Amended and Restated Memorandum and Articles of Association).

 

3.3.  Exchange
of Rights.

 

3.3.1.  Issuance
of Class A Ordinary Shares. As soon as practicable upon the occurrence of an Exchange Event, the Company shall direct holders
of the Rights to return their Rights Certificates to the Rights Agent. Upon receipt of a valid Rights Certificate, the Company
shall issue to the registered holder of such Right(s) the number of full Class A Ordinary Shares to which he, she or it is entitled,
registered in such name or names as may be directed by him, her or it and issue to such registered holder(s) a certificate or
book-entry position for the such shares. Notwithstanding the foregoing, or any provision contained in this Agreement to the contrary,
in no event will the Company be required to net cash settle the Rights. The Company shall not issue fractional shares upon exchange
of Rights. In the event that any holder would otherwise be entitled to any fractional share upon exchange of Rights, at the time
of an Exchange Event, the Company will instruct the Right Agent how any such entitlement will be addressed. To the fullest extent
permitted by the Company’s Amended and Restated Memorandum and Articles of Association the Company reserves the right to
deal with any such fractional entitlement at the relevant time in any manner permitted by the Act and the Amended and Restated
Memorandum and Articles of Association, which would include the rounding down of any entitlement to receive Class A Ordinary Shares
to the nearest whole share (and in effect extinguishing any fractional entitlement), or the holder being entitled to hold any
remaining fractional entitlement (without any share being issued) and to aggregate the same with any future fractional entitlement
to receive shares in the Company until the holder is entitled to receive a whole number. Any rounding down and extinguishment
may be done with or without any in lieu cash payment or other compensation being made to the holder of the relevant Rights, such
that value received on exchange of the Rights may be considered less than the value that the holder would otherwise expect to
receive.

 

    2

     

    

  

3.3.2.  Valid
Issuance. All Class A Ordinary Shares issued upon an Exchange Event in conformity with this Agreement shall be validly issued,
fully paid and nonassessable.

 

3.3.3.  Date
of Issuance. Each person in whose name any such certificate or book-entry position for Class A Ordinary Shares is issued shall
for all purposes be deemed to have become the holder of record of such shares on the date of the Exchange Event, irrespective
of the date of delivery of such certificate or entry of position.

 

3.3.4  Company
Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the publicly held
reporting entity, the definitive agreement will provide for the holders of Rights to receive the same per share consideration
the holders of the Class A Ordinary Shares will receive in such transaction, for the number of shares such holder is entitled
to pursuant to Section 3.3.1 above. If the Company does not continue as the publicly held reporting entity upon an Exchange Event,
each holder of a Right will be required to affirmatively convert his/her or its rights in order to receive the 1/10 share underlying
each right (without paying any additional consideration) upon consummation of the Exchange Event. In such a case, each holder
of a Right will be required to indicate his, her or its election to convert the Rights into underlying shares as well as to return
the original certificates evidencing the Rights to the Company.

 

3.5 Duration
of Rights. If an Exchange Event does not occur within the time period set forth in the Company’s Amended and Restated
Memorandum and Articles of Association, as the same may be amended from time to time, the Rights shall expire and shall be worthless;
provided that for as long as any of the Rights sold in the Private Offering are held by the Representative or its designees or
affiliates, such Rights may not be exercised after five years from the effective date of the Registration Statement.

 

4.
 Transfer and Exchange of Rights.

 

4.1.   Registration
of Transfer. The Rights Agent shall register the transfer, from time to time, of any outstanding Right upon the Right Register,
upon surrender of such Right for transfer, properly endorsed with signatures properly guaranteed and accompanied by appropriate
instructions for transfer. Upon any such transfer, a new Right representing an equal aggregate number of Rights shall be issued
and the old Right shall be cancelled by the Rights Agent. The Rights so cancelled shall be delivered by the Rights Agent to the
Company from time to time upon request.

 

4.2.   Procedure
for Surrender of Rights. Rights may be surrendered to the Rights Agent, together with a written request for exchange or transfer,
and thereupon the Rights Agent shall issue in exchange therefor one or more new Rights as requested by the registered holder of
the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right
surrendered for transfer bears a restrictive legend and the new Rights to be issued will not bear a restrictive legend, the Rights
Agent shall not cancel such Right and issue new Rights in exchange therefor until the Rights Agent has received an opinion of
counsel for the Company stating that such transfer may be made and indicating no restrictive legend is required.

  

4.3.   Fractional
Rights. The Rights Agent shall not be required to effect any registration of transfer or exchange which will result in the
issuance of a Right Certificate for a fraction of a Right.

 

4.4.
  Service Charges. No service charge shall be made for any exchange
or registration of transfer of Rights.

 

    3

     

    

 

4.5.
  Adjustments to Conversion Ratios. The number of Class A Ordinary
Shares that the holders of Rights are entitled to receive as a result of the occurrence of an Exchange Event shall be equitably
adjusted to reflect appropriately the effect of any share split, reverse share split, share dividend, reorganization, recapitalization,
reclassification, combination, exchange of shares or other like change with respect to the Class A Ordinary Shares occurring on
or after the date hereof and prior to the Exchange Event.

 

4.6.   Right
Execution and Countersignature. The Rights Agent is hereby authorized to countersign and to deliver, in accordance with the
terms of this Agreement, the Rights required to be issued pursuant to the provisions of this Section 4, and the Company, whenever
required by the Rights Agent, will supply the Rights Agent with Rights duly executed on behalf of the Company for such purpose.

 

5.
 Other Provisions Relating to Rights of Holders of Rights.

 

5.1.
  No Rights as Shareholder. Until exchange of a Right for Class A Ordinary
Shares as provided for herein, a Right does not entitle the registered holder thereof to any of the rights of a shareholder of
the Company, including, without limitation, the right to receive dividends, or other distributions, exercise any preemptive rights
to vote or to consent or to receive notice as shareholders in respect of the meetings of shareholders or the election of directors
of the Company or any other matter.

 

5.2.   Lost,
Stolen, Mutilated, or Destroyed Rights. If any Right is lost, stolen, mutilated, or destroyed, the Company and the Rights
Agent may on such terms as to indemnity or otherwise as they may in their discretion impose (which shall, in the case of a mutilated
Right, include the surrender thereof), issue a new Right of like denomination, tenor, and date as the Right so lost, stolen, mutilated,
or destroyed. Any such new Right shall constitute a substitute contractual obligation of the Company, whether or not the allegedly
lost, stolen, mutilated, or destroyed Right shall be at any time enforceable by anyone.

 

5.3.
  Reservation of Class A Ordinary Shares. The Company shall at all
times reserve and keep available a number of its authorized but unissued Class A Ordinary Shares that will be sufficient to permit
the exchange of all outstanding Rights issued pursuant to this Agreement.

 

6.
 Concerning the Rights Agent and Other Matters.

 

6.1.
  Payment of Taxes. The Company will from time to time promptly pay
all taxes and charges that may be imposed upon the Company or the Rights Agent in respect of the issuance or delivery of Class
A Ordinary Shares upon the exchange of Rights, but the Company shall not be obligated to pay any transfer taxes in respect of
the Rights or such Class A Ordinary Shares.

 

6.2.   Resignation,
Consolidation, or Merger of Rights Agent.

 

6.2.1.
   Appointment of Successor Rights Agent. The
Rights Agent, or any successor to it hereafter appointed, may resign its duties and be discharged from all further duties and
liabilities hereunder after giving sixty (60) days’ notice in writing to the Company. If the office of the Rights Agent
becomes vacant by resignation or incapacity to act or otherwise, the Company shall appoint in writing a successor Rights Agent
in place of the Rights Agent. If the Company shall fail to make such appointment within a period of 30 days after it has been
notified in writing of such resignation or incapacity by the Rights Agent or by the holder of the Right (who shall, with such
notice, submit his, her or its Right for inspection by the Company), then the holder of any Right may apply to the Supreme Court
of the State of New York for the County of New York for the appointment of a successor Rights Agent at the Company’s cost.
Any successor Rights Agent, whether appointed by the Company or by such court, shall be a corporation organized and existing under
the laws of the State of New York, in good standing and having its principal office in the Borough of Manhattan, City and State
of New York, and authorized under such laws to exercise corporate trust powers and subject to supervision or examination by federal
or state authority. After appointment, any successor Rights Agent shall be vested with all the authority, powers, rights, immunities,
duties, and obligations of its predecessor Rights Agent with like effect as if originally named as Rights Agent hereunder, without
any further act or deed; but if for any reason it becomes necessary or appropriate, the predecessor Rights Agent shall execute
and deliver, at the expense of the Company, an instrument transferring to such successor Rights Agent all the authority, powers,
and rights of such predecessor Rights Agent hereunder; and upon request of any successor Rights Agent the Company shall make,
execute, acknowledge, and deliver any and all instruments in writing for more fully and effectually vesting in and confirming
to such successor Rights Agent all such authority, powers, rights, immunities, duties, and obligations. 

 

    4

     

    

 

6.2.2.
   Notice of Successor Rights Agent. In the
event a successor Rights Agent shall be appointed, the Company shall give notice thereof to the predecessor Rights Agent and the
transfer agent for the Class A Ordinary Shares not later than the effective date of any such appointment.

 

6.2.3.
   Merger or Consolidation of Rights Agent.
Any corporation into which the Rights Agent may be merged or with which it may be consolidated or any corporation resulting from
any merger or consolidation to which the Rights Agent shall be a party shall be the successor Rights Agent under this Agreement
without any further act.

 

6.3.  Fees
and Expenses of Rights Agent.

 

6.3.1.
   Remuneration. The Company agrees to pay the
Rights Agent reasonable remuneration for its services as such Rights Agent hereunder and will reimburse the Rights Agent upon
demand for all expenditures that the Rights Agent may reasonably incur in the execution of its duties hereunder.

 

6.3.2.  Further
Assurances. The Company agrees to perform, execute, acknowledge, and deliver or cause to be performed, executed, acknowledged,
and delivered all such further and other acts, instruments, and assurances as may reasonably be required by the Rights Agent for
the carrying out or performing of the provisions of this Agreement.

 

6.4.  Liability
of Rights Agent.

 

6.4.1.  Reliance
on Company Statement. Whenever in the performance of its duties under this Agreement, the Rights Agent shall deem it necessary
or desirable that any fact or matter be proved or established by the Company prior to taking or suffering any action hereunder,
such fact or matter (unless other evidence in respect thereof be herein specifically prescribed) may be deemed to be conclusively
proved and established by a statement signed by the Chief Executive Officer or Chief Financial Officer and delivered to the Rights
Agent. The Rights Agent may rely upon such statement for any action taken or suffered in good faith by it pursuant to the provisions
of this Agreement.

 

6.4.2.  Indemnity.
The Rights Agent shall be liable hereunder only for its own gross negligence, willful misconduct or bad faith. Subject to Section
6.6 below, the Company agrees to indemnify the Rights Agent and save it harmless against any and all liabilities, including judgments,
costs and reasonable counsel fees, for anything done or omitted by the Rights Agent in the execution of this Agreement except
as a result of the Rights Agent’s gross negligence, willful misconduct, or bad faith.

 

6.4.3.  Exclusions.
The Rights Agent shall have no responsibility with respect to the validity of this Agreement or with respect to the validity or
execution of any Right (except its countersignature thereof); nor shall it be responsible for any breach by the Company of any
covenant or condition contained in this Agreement or in any Right; nor shall it by any act hereunder be deemed to make any representation
or warranty as to the authorization or reservation of any Class A Ordinary Shares to be issued pursuant to this Agreement or any
Right or as to whether any Class A Ordinary Shares will when issued be valid and fully paid and nonassessable. 

 

6.5.   Acceptance
of Agency. The Rights Agent hereby accepts the agency established by this Agreement and agrees to perform the same upon the
terms and conditions herein set forth.

 

6.6
   Waiver. The Rights Agent hereby waives any right of set-off
or any other right, title, interest or claim of any kind (“Claim”) in, or to any distribution of, the Trust Account
(as defined in that certain Investment Management Trust Agreement, dated as of the date hereof, by and between the Company and
the Rights Agent as trustee thereunder) and hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any
Claim against the Trust Account for any reason whatsoever.

 

    5

     

    

 

7.  Miscellaneous
Provisions.

 

7.1.
  Successors. All the covenants and provisions of this Agreement by
or for the benefit of the Company or the Rights Agent shall bind and inure to the benefit of their respective successors and assigns.

 

7.2.   Notices.
Any notice, statement or demand authorized by this Agreement to be given or made by the Rights Agent or by the holder of any Right
to or on the Company shall be sufficiently given when so delivered if by hand or overnight delivery or if sent by certified mail
or private courier service within five days after deposit of such notice, postage prepaid, addressed (until another address is
filed in writing by the Company with the Rights Agent), as follows:

 

Edoc
Acquisition Corp.

7612
Main Street Fishers

Suite
200

Victor,
NY 14564

Attn:
Kevin Chen, Chief Executive Officer

 

Any
notice, statement or demand authorized by this Agreement to be given or made by the holder of any Right or by the Company to or
on the Rights Agent shall be sufficiently given when so delivered if by hand or overnight delivery or if sent by certified mail
or private courier service within five days after deposit of such notice, postage prepaid, addressed (until another address is
filed in writing by the Rights Agent with the Company), as follows:

 

Continental
Stock Transfer & Trust Company

One
State Street, 30th Floor

New
York, New York 10004

Attn:
Compliance Department

 

with
a copy to:

Ellenoff
Grossman & Schole, LLP

1345
Avenue of the Americas

New
York, NY 10105

Attn:
Barry Grossman, Esq

 

and

 

Schiff
Hardin LLP

901
K Street NW

Suite
700

Washington,
D.C. 20001

Attn:
Ralph V. De Martino, Esq.

 

 

and

 

Maples
and Calder

P.O.
Box 309, Ugland House

Grand
Cayman

KY1-1104

Cayman
Islands

Attn:
Matthew Gardner 

 and

 

I-Bankers
Securities Inc

535
5th Ave.

New
York, NY 10017

Attn:
Shelley Leonard, President

 

    6

     

    

 

7.3.
  Applicable Law and Exclusive Forum. The validity, interpretation,
and performance of this Agreement and of the Rights shall be governed in all respects by the laws of the State of New York. Subject
to applicable law, the Company hereby agrees that any action, proceeding or claim against it arising out of or relating in any
way to this Agreement shall be brought and enforced in the courts of the State of New York or the United States District Court
for the Southern District of New York, and irrevocably submits to such jurisdiction, which jurisdiction shall be exclusive forum
for any such action, proceeding or claim. The Company hereby waives any objection to such exclusive jurisdiction and that such
courts represent an inconvenient forum. Notwithstanding the foregoing, the provisions of this paragraph will not apply to suits
brought to enforce any liability or duty created by the Exchange Act or any other claim for which the federal district courts
of the United States of America are the sole and exclusive forum.

 

Any
person or entity purchasing or otherwise acquiring any interest in the Rights shall be deemed to have notice of and to have consented
to the forum provisions in this Section 7.3. If any action, the subject matter of which is within the scope the forum provisions
above, is filed in a court other than a court located within the State of New York or the United States District Court for the
Southern District of New York (a “foreign action”) in the name of any Rights holder, such Rights holder shall be deemed
to have consented to: (x) the personal jurisdiction of the state and federal courts located within the State of New York or the
United States District Court for the Southern District of New York in connection with any action brought in any such court to
enforce the forum provisions (an “enforcement action”), and (y) having service of process made upon such Rights holder
in any such enforcement action by service upon such Rights holder’s counsel in the foreign action as agent for such Rights
holder.

 

7.4.
  Persons Having Rights under this Agreement. Nothing in this Agreement
expressed and nothing that may be implied from any of the provisions hereof is intended, or shall be construed, to confer upon,
or give to, any person or corporation other than the parties hereto and the registered holders of the Rights and, for the purposes
of Sections 7.4 and 7.8 hereof, the Representative, any right, remedy, or claim under or by reason of this Agreement or of any
covenant, condition, stipulation, promise, or agreement hereof. The Representative shall be deemed to be a third-party beneficiary
of this Agreement with respect to Sections 7.4 and 7.8 hereof. All covenants, conditions, stipulations, promises, and agreements
contained in this Agreement shall be for the sole and exclusive benefit of the parties hereto (and the Representative with respect
to the Sections 7.4 and 7.8 hereof) and their successors and assigns and of the registered holders of the Rights. The provisions
of this Section 7.4 may not be modified, amended or deleted without the prior written consent of the Representative.

 

    7

     

    

 

7.5.
  Examination of the Right Agreement. A copy of this Agreement shall
be available at all reasonable times at the office of the Rights Agent in the Borough of Manhattan, City and State of New York,
for inspection by the registered holder of any Right. The Rights Agent may require any such holder to submit his, her or its Right
for inspection by it.

 

7.6.   Counterparts.
This Agreement may be executed in any number of original or facsimile counterparts and each of such counterparts shall for all
purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.

 

7.7.   Effect
of Headings. The Section headings herein are for convenience only and are not part of this Agreement and shall not affect
the interpretation thereof.

 

7.8 Amendments.
This Agreement may be amended by the parties hereto without the consent of any registered holder for the purpose of curing any
ambiguity, or of curing, correcting or supplementing any defective provision contained herein or adding or changing any other
provisions with respect to matters or questions arising under this Agreement as the parties may deem necessary or desirable and
that the parties deem shall not adversely affect the interest of the registered holders. All other modifications or amendments
shall require the written consent or vote of the registered holders of a majority of the then outstanding Rights. The provisions
of this Section 7.8 may not be modified, amended or deleted without the prior written consent of the Representative.

 

 

 

7.9 Severability.
This Agreement shall be deemed severable, and the invalidity or unenforceability of any term or provision hereof shall not affect
the validity or enforceability of this Agreement or of any other term or provision hereof. Furthermore, in lieu of any such invalid
or unenforceable term or provision, the parties hereto intend that there shall be added as a part of this Agreement a provision
as similar in terms to such invalid or unenforceable provision as may be possible and be valid and enforceable.

 

[Signature
Page Follows]

 

    8

     

    

 

IN
WITNESS WHEREOF, this Agreement has been duly executed by the parties hereto as of the day and year first above written.

 

	 	EDOC
    ACQUISITION CORP.
	 	 	 
	 	By:	 
	 	 	Name:
    Kevin Chen
	 	 	Title:
    Chief Executive Officer

  

	 	CONTINENTAL
    STOCK TRANSFER & TRUST COMPANY
	 	 	 
	 	By:	 
	 	 	Name: 
	 	 	Title: 

 

[Signature
Page to Rights Agreement]

 

 

 

9Exhibit 10.9

 

I-Bankers Securities, Inc.

535 5th Avenue

Suite 423

New York, New York 10017

 

___, 2020

 

Edoc Acquisition Corp.

7612 Main Street Fishers

Suite 200

Victor, NY 14564

Attn: Kevin Chen, Chief Executive Officer

 

Ladies and Gentlemen:

 

This is to confirm
our agreement whereby Edoc Acquisition Corp., a Cayman Islands company (“Company”), has requested I-Bankers
Securities, Inc. (the “Advisor”) to serve as the Company’s advisor in connection with the Company acquiring,
engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of,
entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses
or entities (each a “Target”) (in each case, a “Business Combination”) as described in the
Company’s Registration Statement on Form S-1 (File No. 333-248819 filed with the U.S. Securities and Exchange Commission
(“Registration Statement”) in connection with its initial public offering (“IPO”).

 

	 	1.	Services and Fees.

 

(a) The Advisor
will, from time to time, upon the Company’s request and in consultation with the Company:

 

	 	(i)	Assist the Company in preparing presentations for each potential Business Combination;

 

	 	(ii)	Assist the Company in arranging meetings with Company shareholders, including making calls directly to shareholders, to discuss each potential Business Combination and each potential Target’s attributes and providing regular market feedback, including written status reports, from these meetings and participate in direct interaction with shareholders, in all cases to the extent legally permissible;

 

	 	(iii)	Introduce the Company to potential investors to purchase the Company’s securities in connection with each potential Business Combination; and

 

	 	(iv)	Assist the Company with the preparation of any press releases and filings related to each potential Business Combination or Target (the activities described in the foregoing clauses (i)-(iv), the “Services”).

 

(b) As compensation
for the Services, the Company will pay the Advisor a fee (the “Fee”) equal to 2.75% of the gross proceeds of
the IPO. The Fee shall be due and payable at the closing of the Business Combination (“Closing”). If a proposed
Business Combination is not consummated for any reason, no Fee shall be due or payable.

 

(c) The Fee shall
be exclusive of any finder’s fees which may become payable to the Advisor pursuant to any other agreement between the Advisor
and the Company or the Target.

 

     

     

    

 

	 	2.	Expenses.

 

At the Closing, the
Company shall reimburse the Advisor for all reasonable and documented costs and expenses incurred by the Advisor (including reasonable
fees and disbursements of counsel) in connection with the performance of the Services; provided, however, any costs and/or expenses
in excess of $5,000 in the aggregate shall be subject to the Company’s prior written approval, which approval will not be
unreasonably withheld. The expenses and costs will be charged at cost without markup.

 

	 	3.	Company Cooperation; Information.

 

(a) The Company
will provide full cooperation to the Advisor as may be necessary for the efficient performance by the Advisor of its obligations
hereunder, including, but not limited to, providing to the Advisor and its counsel, on a timely basis, all documents and information
regarding the Company and Target that the Advisor may reasonably request or that are otherwise relevant to the Advisor’s
performance of its obligations hereunder (collectively, the “Information”); making the Company’s management,
auditors, consultants, and advisors available to the Advisor; and, using commercially reasonable efforts to provide the Advisor
with reasonable access to the management, auditors, suppliers, customers, consultants and advisors of Target. The Company will
promptly notify the Advisor of any change in facts or circumstances or new developments affecting the Company or Target or that
might reasonably be considered material to the Advisor’s engagement hereunder.

 

(b) The Advisor
agrees to keep strictly confidential all information conveyed by the Company or the Company’s Representatives (as defined
below) to the Advisor in connection with this Agreement including, for the avoidance of doubt, the identities of any Targets and
any Business Combination, in whatever form, whether written, electronic or oral, and to execute a non-disclosure agreement in customary
form reasonably acceptable to the Advisor if requested to do so by the Company.

 

	 	4.	Representations, Warranties, and Covenants.

 

(a) The Company
represents, warrants, and covenants to the Advisor that all Information it makes available to the Advisor by or on behalf of the
Company in connection with the performance of its obligations hereunder will not, to the Company’s knowledge, contain any
untrue statement of a material fact or omit to state a material fact necessary in order to make statements made, in light of the
circumstances under which they were made, not misleading as of the date thereof and as of the consummation of the Business Combination.
The Company acknowledges and agrees that the Advisor will use and rely on the accuracy and completeness of the Information supplied
to the Advisor without having the obligation to independently verify the same.

 

(b) The Advisor
represents, warrants and covenants to the Company that it is not prohibited from entering into this Agreement by any other contract,
agreement, law or order.

 

	 	5.	Indemnity.

 

The Company shall indemnify
the Advisor and its affiliates and directors, officers, employees, shareholders, representatives, and agents in accordance with
the indemnification provisions set forth in Annex I hereto, all of which are incorporated herein by reference.
Notwithstanding the foregoing and Annex I, the Advisor hereby acknowledges that the Company has established a trust
account (the “Trust Account”) containing the proceeds of the IPO and from certain private placements occurring
simultaneously with the IPO (including interest accrued from time to time thereon) for the benefit of the Company’s public
shareholders and certain other parties. For and in consideration of the Company entering into this Agreement, and for other good
and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Advisor hereby agrees that it does
not now and shall not at any time hereafter have any right, title, interest or claim of any kind in or to any assets held in the
Trust Account as a result of entering into this Agreement, and shall not make any claim against the Trust Account as a result of
entering into this Agreement, regardless of whether such claim arises based on contract, tort, equity or any other theory of legal
liability (any and all such claims are collectively referred to hereafter as the “Released Claims”). The Advisor
hereby irrevocably waives any Released Claims that it may have against the Trust Account now or in the future as a result of, or
arising out of, any of the Services provided to the Company hereunder and will not seek recourse against the Trust Account with
respect thereto.

 

    2

     

    

 

	 	6.	Use of Name and Reports.

 

Without the Advisor’s
prior written consent, neither the Company nor any of its affiliates (nor any director, officer, manager, partner, member, employee,
or agent thereof) shall quote or refer to (i) the Advisor’s name or (ii) any advice rendered by the Advisor to the Company
or any communication from the Advisor in connection with performance of the Services, except as required by applicable federal
or state law, regulation, or securities exchange rule.

 

	 	7.	Status as Independent Contractor.

 

The Advisor shall perform
the Services as an independent contractor and not as an employee of the Company or affiliate thereof. It is expressly understood
and agreed to by the parties that the Advisor shall have no authority to act for, represent, or bind the Company or any affiliate
thereof in any manner, except as may be expressly agreed to by the Company in writing. In rendering the Services, the Advisor will
be acting solely pursuant to a contractual relationship on an arm’s-length basis. This Agreement is not intended to create
a fiduciary relationship between the parties and neither the Advisor nor any of the Advisor’s officers, directors or personnel
will owe any fiduciary duty to the Company or any other person in connection with any of the matters contemplated by this Agreement.

 

	 	8.	Potential Conflicts.

 

The Company acknowledges
that the Advisor is a full-service securities firms engaged in securities trading and brokerage activities and providing investment
banking and advisory services from which conflicting interests may arise. In the ordinary course of business, the Advisor and its
affiliates may at any time hold long or short positions, and may trade or otherwise effect transactions, for their own account
or the accounts of customers, in debt or equity securities of the Company, its affiliates, or other entities that may be involved
in the transactions contemplated hereby. Additionally, the Advisor regularly enters into agreements similar to this Agreement with
other companies. Nothing in this Agreement shall be construed to limit or restrict the Advisor or any of its affiliates in conducting
such business.

 

	 	9.	Entire Agreement.

 

This Agreement constitutes
the entire understanding between the Company and Advisor with respect to the subject matter hereof and supersedes all prior agreements
and understandings, oral or written, with respect thereto. This Agreement may not be modified or terminated orally or in any manner
other than by an agreement in writing signed by the Company and the Advisor.

 

	 	10.	Notices.

 

Any notices required
or permitted to be given hereunder shall be in writing and shall be deemed given when mailed by certified mail or private courier
service, return receipt requested, addressed to each party at its respective addresses set forth above, or such other address as
may be given by a party in a notice given pursuant to this Section.

 

	 	11.	Successors and Assigns.

 

This Agreement may
not be assigned by any party without the written consent of the other parties. This Agreement shall be binding upon and shall inure
to the benefit of the parties hereto and, except where prohibited, to their successors and assigns.

 

    3

     

    

 

	 	12.	Non-Exclusivity.

 

Nothing herein shall
be deemed to restrict or prohibit the engagement by the Company of other consultants providing the same or similar services or
the payment by the Company of fees to such other consultants. The Company’s engagement of any other consultant(s) shall not
affect the Advisor’s right to receive the Fee and reimbursement of expenses pursuant to this Agreement.

 

	 	13.	Applicable Law; Venue.

 

This Agreement
shall be construed and enforced in accordance with the laws of the State of New York without giving effect to conflict of laws.
In the event of any dispute under this Agreement, then and in such event, each party hereto agrees that the dispute shall be brought
and enforced in the courts of the State of New York, County of New York, or the United States District Court for the Southern District
of New York, in each event at the discretion of the party initiating the dispute. Each party irrevocably submits to such jurisdiction,
which jurisdiction shall be exclusive. Each party hereby waives any objection to such exclusive jurisdiction and that such courts
represent an inconvenient forum. Any such process or summons to be served upon a party may be served by transmitting a copy thereof
by registered or certified mail, postage prepaid, addressed to such party at the address set forth at the beginning of this Agreement.
Such mailing shall be deemed personal service and shall be legal and binding upon the party being served in any action, proceeding
or claim. The parties agree that the prevailing party(ies) in any such action shall be entitled to recover from the other party(ies)
all of its reasonable attorneys’ fees and expenses relating to such action or proceeding and/or incurred in connection with
the preparation therefor.

 

	 	14.	Counterparts.

 

This Agreement may
be executed in several original or facsimile counterparts, each one of which shall constitute an original, and together shall constitute
but one instrument.

 

[Signature Page Follows]

 

    4

     

    

 

If the foregoing correctly
sets forth the understanding between the Advisor and the Company with respect to the foregoing, please so indicate your agreement
by signing in the place provided below, at which time this letter shall become a binding contract.

 

	 	I-Bankers Securities, Inc.
	 	 	 
	 	By:	 
	 	Name:	Mike McCrory
	 	Title:	CEO

 

	AGREED AND ACCEPTED BY:	 
	 	 
	Edoc Acquisition Corp. 	 
	 	 	 
	By:	 	 
	Name:	Kevin Chen	 
	Title:	Chief Executive Officer	 

 

[Signature
Page to Business Combination Marketing Agreement]

 

    5

     

    

 

ANNEX I

 

Indemnification

 

In connection with
Edoc Acquisition Corp.’s (the “Company”) engagement of I-Bankers Securities, Inc. (the “Advisor”)
pursuant to that certain letter agreement (“Agreement”) of which this Annex forms a part, the Company hereby
agrees, subject to Section 5 of the Agreement, to indemnify and hold harmless the Advisor and its affiliates and their respective
directors, officers, shareholders, agents and employees of any of the foregoing (collectively the “Indemnified Persons”),
from and against any and all claims, actions, suits, proceedings (including those of shareholders), damages, liabilities and expenses
incurred by any of them (including the reasonable fees and expenses of counsel), as incurred, (collectively a “Claim”),
that are related to or arise out of the Agreement and any actions taken or omitted to be taken by any Indemnified Person as contemplated
by the Agreement or in accordance with and at the Company’s request or with the Company’s consent in connection with
the Agreement, and the Company shall advance or reimburse, at the Indemnified Person’s option, any Indemnified Person for
all expenses (including the reasonable fees and expenses of counsel) as incurred by such Indemnified Person in connection with
investigating, preparing or defending any such claim, action, suit or proceeding, in connection with pending or threatened litigation
in which any Indemnified Person is a party. The Company will not, however, be responsible for any Claim that is finally judicially
determined to have resulted from the gross negligence or willful misconduct of any person seeking indemnification for such Claim.
The Company further agrees that no Indemnified Person shall have any liability to the Company for or in connection with the Company’s
engagement of the Advisor except for any Claim incurred by the Company as a result of such Indemnified Person’s gross negligence
or willful misconduct.

 

The Company further
agrees that it will not, without the prior written consent of the Advisor, settle, compromise or consent to the entry of any judgment
in any pending or threatened Claim in respect of which indemnification may be sought hereunder (whether or not any Indemnified
Person is an actual or potential party to such Claim), unless such settlement, compromise or consent (i) includes an unconditional,
irrevocable release of each Indemnified Person from any and all liability arising out of such Claim, and (ii) does not include
a statement as to or an admission of fault, culpability or a failure to act, by or on behalf of any Indemnified Person.

 

Promptly upon receipt
by an Indemnified Person of notice of any complaint or the assertion or institution of any Claim with respect to which indemnification
is being sought hereunder, such Indemnified Person shall notify the Company in writing of such complaint or of such assertion or
institution but failure to so notify the Company shall not relieve the Company from any obligation it may have hereunder, except
and only to the extent such failure results in the forfeiture by the Company of substantial rights and defenses. If the Company
so elects or is requested by such Indemnified Person, the Company will assume the defense of such Claim, including the employment
of counsel reasonably satisfactory to such Indemnified Person and the payment of the fees and expenses of such counsel. In the
event, however, that legal counsel to such Indemnified Person reasonably determines that having common counsel would present such
counsel with a conflict of interest or if the defendant in, or target of, any such Claim, includes an Indemnified Person and the
Company, and legal counsel to such Indemnified Person reasonably concludes that there may be legal defenses available to it or
other Indemnified Persons different from or in addition to those available to the Company, then such Indemnified Person may employ
its own separate counsel to represent or defend him, her or it in any such Claim and the Company shall pay the reasonable fees
and expenses of such counsel. Notwithstanding anything herein to the contrary, if the Company fails timely or diligently to defend,
contest, or otherwise protect against any Claim, the relevant Indemnified Party shall have the right, but not the obligation, to
defend, contest, compromise, settle, assert crossclaims, or counterclaims or otherwise protect against the same, and shall be fully
indemnified by the Company therefor, including without limitation, for the reasonable fees and expenses of its counsel and all
amounts paid as a result of such Claim or the compromise or settlement thereof.

 

In addition, with respect
to any Claim in which the Company assumes the defense, the Indemnified Person shall have the right to participate in such Claim
and to retain his, her or its own counsel therefor at his, her or its own expense.

 

    6

     

    

 

The Company agrees
that if any indemnity sought by an Indemnified Person hereunder is held by a court to be unavailable for any reason then (whether
or not the Advisor is an Indemnified Person), the Company and the Advisor shall contribute to the Claim for which such indemnity
is held unavailable in such proportion as is appropriate to reflect the relative benefits to the Company, on the one hand, and
the Advisor on the other, in connection with the Advisor’s engagement referred to above, subject to the limitation that in
no event shall the amount of Advisor’s contribution to such Claim exceed the amount of fees actually received by Advisor
from the Company pursuant to the Advisor’s engagement hereunder. The Company hereby agrees that the relative benefits to
the Company, on the one hand, and the Advisor on the other, with respect to the Advisor’s engagement shall be deemed to be
in the same proportion as (a) the total value paid or proposed to be paid or received by the Company or its shareholders as the
case may be, pursuant to the transaction (whether or not consummated) for which the Advisor is engaged to render services bears
to (b) the fee paid or proposed to be paid to the Advisor in connection with such engagement.

 

The Company’s
indemnity, reimbursement and contribution obligations under this Agreement (a) shall be in addition to, and shall in no way limit
or otherwise adversely affect any rights that any Indemnified Party may have at law or at equity and (b) shall be effective whether
or not the Company is at fault in any way.

 

 

7

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