Document:

Exhibit
4.5

 

DESCRIPTION
OF SECURITIES

 

The following summary
of the material terms of the securities of Vy Global Growth (“we,” “us,” “our” or “the company”)
is not intended to be a complete summary of the rights and preferences of such securities and is subject to and qualified by reference
to our amended and restated memorandum and articles of association incorporated by reference as an exhibit to the company’s Annual
Report on Form 10-K for the year ended December 31, 2020, and applicable Cayman Islands law. We urge you to read our amended
and restated memorandum and articles of association in their entirety for a complete description of the rights and preferences of our
securities.

 

Certain Terms

 

Unless otherwise stated in this Exhibit or
the context otherwise requires, references to:

 

	 	•	“Companies Act” are to the Companies Act (2021 Revision) of the Cayman Islands as the same may be amended from time to time;
	 	 	 
	 	• 	“founder shares” are to our Class B ordinary shares outstanding as of this Annual Report on Form 10-K and the Class A ordinary shares that will be issued upon the automatic conversion of the Class B ordinary shares at the time of our initial business combination (for the avoidance of doubt, such Class A ordinary shares will not be “public shares”)
	 	 	 
	 	•	“Initial Public Offering” are to the company’s offering on October 6, 2020;
	 	 	 
	 	•	“initial shareholders” are to our sponsor and each other holder of founder shares upon the consummation of our Initial Public Offering;
	 	 	 
	 	•	“ordinary shares” are to our Class A ordinary shares and our Class B ordinary shares;
	 	 	 
	 	•	“private placement warrants” are to the warrants sold to our sponsor in a private placement simultaneously with the closing of our Initial Public Offering and to be issued upon conversion of working capital loans, if any;
	 	 	 
	 	•	“public shareholders” are to the holders of our public shares, including our sponsor and founding team to the extent our sponsor and/or members of our founding team purchase public shares, provided that our sponsor’s and each member of our founding team’s status as a “public shareholder” will only exist with respect to such public shares;
	 	 	 
	 	•	“public shares” are to our Class A ordinary shares sold as part of the units in our Initial Public Offering (whether they were purchased in our Initial Public Offering or thereafter in the open market);
	 	 	 
	 	•	“sponsor” are to Vy Global Growth Management Co., a Cayman Islands limited liability company; and
	 	 	 
	 	•	“Vy Capital” are to Vy Capital Holding Company (Cayman) and its affiliates, an affiliate of our sponsor.

 

General

 

We are a Cayman Islands exempted company and our
affairs are governed by our amended and restated memorandum and articles of association, the Companies Act and the common law of the Cayman
Islands. Pursuant to our amended and restated memorandum and articles of association, we are authorized to issue 200,000,000 Class A
ordinary shares and 20,000,000 Class B ordinary shares, as well as 1,000,000 preference shares, $0.0001 par value each. The following
description summarizes certain terms of our shares as set out more particularly in our amended and restated memorandum and articles of
association. Because it is only a summary, it may not contain all the information that is important to you.

 

    1

     

    

 

Units

 

Each unit consists of one Class A ordinary
share and one-fifth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share
at a price of $11.50 per share, subject to adjustment as described in this Annual Report on Form 10-K. Pursuant to the warrant agreement,
a warrant holder may exercise its warrants only for a whole number of the company’s Class A ordinary shares. This means only
a whole warrant may be exercised at any given time by a warrant holder.

 

Ordinary Shares

 

Upon the closing of the Initial Public Offering,
72,250,000 of our ordinary shares were outstanding, including:

 

•      57,500,000 Class A
ordinary shares underlying the units issued as part of the Initial Public Offering;

and

 

•      14,750,000 Class B
ordinary shares held by our initial shareholders.

 

Ordinary shareholders of
record are entitled to one vote for each share held on all matters to be voted on by shareholders. Except as described below, holders
of Class A ordinary shares and holders of Class B ordinary shares will vote together as a single class on all matters submitted
to a vote of our shareholders except as required by law. Unless specified in our amended and restated memorandum and articles of association,
or as required by applicable provisions of the Companies Act or applicable stock exchange rules, the affirmative vote of a majority of
our ordinary shares that are voted is required to approve any such matter voted on by our shareholders. Approval of certain actions will
require a special resolution under Cayman Islands law, being the affirmative vote of at least two-thirds of our ordinary shares that are
voted, and pursuant to our amended and restated memorandum and articles of association; such actions include amending our amended and
restated memorandum and articles of association and approving a statutory merger or consolidation with another company. Our board of directors
is divided into three classes, each of which will generally serve for terms of three years with only one class of directors being
appointed in each year. There is no cumulative voting with respect to the appointment of directors, with the result that the holders of
more than 50% of the shares voted for the appointment of directors can appoint all of the directors. Our shareholders are entitled to
receive ratable dividends when, as and if declared by the board of directors out of funds legally available therefor.

 

Prior to our initial business
combination, only holders of our founder shares will have the right to vote on the appointment of directors. Holders of our public shares
will not be entitled to vote on the appointment of directors during such time. In addition, prior to the completion of an initial business
combination, holders of a majority of our founder shares may remove a member of the board of directors for any reason. The provisions
of our amended and restated memorandum and articles of association governing the appointment or removal of directors prior to our initial
business combination may only be amended by a special resolution passed by holders representing at least two- thirds of our issued and
outstanding Class B ordinary shares.

 

Because our amended and restated
memorandum and articles of association authorizes the issuance of up to 200,000,000 Class A ordinary shares, if we were to enter
into a business combination, we may (depending on the terms of such a business combination) be required to increase the number of Class A
ordinary shares which we are authorized to issue at the same time as our shareholders vote on the business combination to the extent we
seek shareholder approval in connection with our initial business combination.

 

Our board of directors is
divided into three classes with only one class of directors being appointed in each year and each class (except for those directors appointed
prior to our first annual general meeting) serving a three-year term. In accordance with NYSE corporate governance requirements, we are
not required to hold an annual general meeting until one year after our first fiscal year end following our listing on NYSE. As an exempted
company, there is no requirement under the Companies Law for us to hold annual or extraordinary general meetings to appoint directors.
We may not hold an annual or extraordinary general meeting to appoint new directors prior to the consummation of our initial business
combination. Prior to the completion of an initial business combination, any vacancy on the board of directors may be filled by a nominee
chosen by holders of a majority of our founder shares. In addition, prior to the completion of an initial business combination, holders
of a majority of our founder shares may remove a member of the board of directors for any reason.

 

    2

     

    

 

We will provide our public
shareholders with the opportunity to redeem all or a portion of their public shares upon the completion of our initial business combination
at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account calculated as of two business
days prior to the consummation of our initial business combination, including interest earned on the funds held in the trust account and
not previously released to us to pay our income taxes, if any, divided by the number of the then-outstanding public shares, subject to
the limitations described herein. The per share amount we will distribute to investors who properly redeem their shares will not be reduced
by the deferred underwriting commissions we will pay to the underwriters. The redemption rights may include the requirement that a beneficial
owner must identify itself in order to valid redeem its shares. Our sponsor and our founding team have entered into an agreement with
us, pursuant to which they have agreed to waive their redemption rights with respect to their founder shares and any public shares purchased
during or after the Initial Public Offering in connection with (i) the completion of our initial business combination and (ii) a
shareholder vote to approve an amendment to our amended and restated memorandum and articles of association (A) that would modify
the substance or timing of our obligation to provide holders of our Class A ordinary shares the right to have their shares redeemed
in connection with our initial business combination or to redeem 100% of our public shares if we do not complete our initial business
combination within 24 months from the Initial Public Offering, or 27 months from the closing of the Initial Public Offering
if we have executed a letter of intent, agreement in principle or definitive agreement for an initial business combination within 24 months
from the Initial Public Offering, or (B) with respect to any other provision relating to the rights of holders of our Class A
ordinary shares or pre-initial business combination activity. Unlike many blank check companies that hold shareholder votes and conduct
proxy solicitations in conjunction with their initial business combinations and provide for related redemptions of public shares for cash
upon completion of such initial business combinations even when a vote is not required by law, if a shareholder vote is not required by
applicable law or stock exchange rule and we do not decide to hold a shareholder vote for business or other reasons, we will, pursuant
to our amended and restated memorandum and articles of association, conduct the redemptions pursuant to the tender offer rules of
the SEC, and file tender offer documents with the SEC prior to completing our initial business combination. Our amended and restated memorandum
and articles of association requires these tender offer documents to contain substantially the same financial and other information about
the initial business combination and the redemption rights as is required under the SEC’s proxy rules. If, however, a shareholder
approval of the transaction is required by applicable law or stock exchange rule, or we decide to obtain shareholder approval for business
or other reasons, we will, like many blank check companies, offer to redeem shares in conjunction with a proxy solicitation pursuant to
the proxy rules and not pursuant to the tender offer rules. If we seek shareholder approval, we will complete our initial business
combination only if we receive approval pursuant to an ordinary resolution under Cayman Islands law, which requires the affirmative vote
of a majority of the shareholders who attend and vote at a general meeting of the company. However, the participation of our sponsor,
officers, directors, advisors or their affiliates in privately- negotiated transactions (as described in this Annual Report on Form 10-K),
if any, could result in the approval of our initial business combination even if a majority of our public shareholders vote, or indicate
their intention to vote, against such initial business combination unless restricted by applicable NYSE rules. For purposes of seeking
approval of the majority of our issued and outstanding ordinary shares, non-votes will have no effect on the approval of our initial business
combination once a quorum is obtained. Our amended and restated memorandum and articles of association will require that at least five
days’ notice will be given of any general meeting.

 

If we seek shareholder approval
of our initial business combination and we do not conduct redemptions in connection with our initial business combination pursuant to
the tender offer rules, our amended and restated memorandum and articles of association provides that a public shareholder, together with
any affiliate of such shareholder or any other person with whom such shareholder is acting in concert or as a “group” (as
defined under Section 13 of the Exchange Act), will be restricted from redeeming its shares with respect to Excess Shares, without
our prior consent. However, we would not be restricting our shareholders’ ability to vote all of their shares (including Excess
Shares) for or against our initial business combination. Our shareholders’ inability to redeem the Excess Shares will reduce their
influence over our ability to complete our initial business combination, and such shareholders could suffer a material loss in their investment
if they sell such Excess Shares on the open market.

 

Additionally, such shareholders
will not receive redemption distributions with respect to the Excess Shares if we complete our initial business combination. And, as a
result, such shareholders will continue to hold that number of shares exceeding 15% and, in order to dispose such shares would be required
to sell their shares in open market transactions, potentially at a loss.

 

    3

     

    

 

If we seek shareholder approval,
we will complete our initial business combination only if we receive approval pursuant to an ordinary resolution under Cayman Islands
law, which requires the affirmative vote of a majority of the shareholders who attend and vote at a general meeting of the company. In
such case, our sponsor and each member of our founding team have agreed to vote their founder shares and public shares purchased during
or after the Initial Public Offering in favor of our initial business combination. As a result, in addition to our initial shareholders’
founder shares, we would need 21,562,501, or 37.5%, of the 57,500,000 public shares to be voted in favor of an initial business combination
in order to have our initial business combination approved (assuming all issued and outstanding shares are voted). The other members of
our founding team are subject to the same arrangements with respect to any public shares acquired by them in or after the Initial Public
Offering. Additionally, each public shareholder may appoint to redeem their public shares irrespective of whether they vote for or against
the proposed transaction or vote at all.

 

Pursuant to our amended and
restated memorandum and articles of association, if we do not consummate an initial business combination within 24 months from the
Initial Public Offering, or 27 months from Initial Public Offering if we have executed a letter of intent, agreement in principle
or definitive agreement for an initial business combination within 24 months from the Initial Public Offering, we will (i) cease
all operations except for the purpose of winding up; (ii) as promptly as reasonably possible but no more than ten business days thereafter,
redeem the public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including
interest earned on the funds held in the trust account and not previously released to us to pay our income taxes, if any (less up to $100,000
of interest to pay dissolution expenses), divided by the number of the then-outstanding public shares, which redemption will completely
extinguish public shareholders’ rights as shareholders (including the right to receive further liquidation distributions, if any);
and (iii) as promptly as reasonably possible following such redemption, subject to the approval of our remaining shareholders and
our board of directors, liquidate and dissolve, subject in each case of clause (ii) and (iii), to our obligations under Cayman Islands
law to provide for claims of creditors and the requirements of other applicable law. Our sponsor and each member of our founding team
have entered into an agreement with us, pursuant to which they have agreed to waive their rights to liquidating distributions from the
trust account with respect to any founder shares they hold if we fail to consummate an initial business combination within 24 months
from the Initial Public Offering, or 27 months from the Initial Public Offering if we have executed a letter of intent, agreement
in principle or definitive agreement for an initial business combination within 24 months from the Initial Public Offering (although
they will be entitled to liquidating distributions from the trust account with respect to any public shares they hold if we fail to complete
our initial business combination within 24 months from the Initial Public Offering, or 27 months from the Initial Public Offering
if we have executed a letter of intent, agreement in principle or definitive agreement for an initial business combination within 24 months
from the Initial Public Offering ).

 

In the event of a liquidation, dissolution or
winding up of the company after a business combination, our shareholders are entitled to share ratably in all assets remaining available
for distribution to them after payment of liabilities and after provision is made for each class of shares, if any, having preference
over the ordinary shares. Our shareholders have no preemptive or other subscription rights. There are no sinking fund provisions applicable
to the ordinary shares, except that we will provide our public shareholders with the opportunity to redeem their public shares for cash
at a per share price equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held in
the trust account and not previously released to us to pay our income taxes, if any, divided by the number of the then-outstanding public
shares, upon the completion of our initial business combination, subject to the limitations described herein.

 

Founder Shares

 

The founder shares are designated as Class B
ordinary shares and, except as described below, are identical to the Class A ordinary shares included in the units sold in the
Initial Public Offering, and holders of founder shares have the same shareholder rights as public shareholders, except that:

 

		•	prior to our initial business combination, only holders of our founder shares will have the right to vote on the appointment of directors;

 

		•	the founder shares are subject to certain transfer restrictions, as described in more detail below;

 

    4

     

    

 

		•	our sponsor and our founding team have entered into an agreement with us, pursuant to which they have agreed to (i) waive their
redemption rights with respect to any founder shares and public shares they hold, (ii) to waive their redemption rights with respect
to any founder shares and any public shares purchased during or after the Initial Public Offering in connection with a shareholder vote
to approve an amendment to our amended and restated memorandum and articles of association (A) that would modify the substance or
timing of our obligation to provide holders of our Class A ordinary shares the right to have their shares redeemed in connection
with our initial business combination or to redeem 100% of our public shares if we do not complete our initial business combination within
24 months from the Initial Public Offering, or 27 months from the Initial Public Offering if we have executed a letter of intent,
agreement in principle or definitive agreement for an initial business combination within 24 months from the Initial Public Offering,
(B) with respect to any other provision relating to the rights of holders of our Class A ordinary shares or pre-initial business
combination activity and (iii) waive their rights to liquidating distributions from the trust account with respect to any founder
shares or private placement warrants they hold if we fail to consummate an initial business combination within 24 months from the
Initial Public Offering, or 27 months from the Initial Public Offering if we have executed a letter of intent, agreement in principle
or definitive agreement for an initial business combination within 24 months from the Initial Public Offering (although they will
be entitled to liquidating distributions from the trust account with respect to any public shares they hold if we fail to complete our
initial business combination within 24 months from the Initial Public Offering, or 27 months from the Initial Public Offering
if we have executed a letter of intent, agreement in principle or definitive agreement for an initial business combination within 24 months
from the Initial Public Offering);

 

		•	the founder shares will automatically convert into our Class A ordinary shares at the time of our initial business combination
as described below adjacent to the caption “Founder shares conversion and antidilution rights” and in our amended and restated
memorandum and articles of association; and

 

		•	the founder shares are entitled to registration rights.

 

If
we submit our initial business combination to our public shareholders for a vote, our sponsor and our founding team have agreed to vote
their founder shares and any public shares purchased during or after the Initial Public Offering in favor of our initial business combination.
If we seek shareholder approval, we will complete our initial business combination only if a majority of the ordinary shares, represented
in person or by proxy and entitled to vote thereon, voted at a general meeting are voted in favor of the business combination. In such
case, our sponsor and each member of our founding team have agreed to vote their founder shares and any public shares purchased during
or after the Initial Public Offering in favor of our initial business combination. As a result, in addition to our initial shareholders’
founder shares, we would need 21,562,501, or 37.5%, of the 57,500,000 public shares sold in the Initial Public Offering to be voted
in favor of an initial business combination in order to have our initial business combination approved (assuming all issued and outstanding
shares are voted).

 

The founder shares will automatically convert
into Class A ordinary shares on the first business day following the consummation of our initial business combination at a ratio
such that the number of Class A ordinary shares issuable upon conversion of all founder shares will equal, in the aggregate, on an
as-converted basis, 20% of the sum of (i) the total number of ordinary shares issued and outstanding upon completion of the Initial
Public Offering, plus (ii) the sum of the total number of Class A ordinary shares issued or deemed issued or issuable upon conversion
or exercise of any equity-linked securities or rights issued or deemed issued, by the Company in connection with or in relation to the
consummation of the initial business combination, excluding any Class A ordinary shares or equity-linked securities exercisable for
or convertible into Class A ordinary shares issued, deemed issued, or to be issued, to any seller in the initial business combination
and any private placement warrants issued to our sponsor, members of our founding team or any of their affiliates upon conversion of working
capital loans. In no event will the Class B ordinary shares convert into Class A ordinary shares at a rate of less than one
to one.

 

Except as described herein, our sponsor and our
founding team have agreed not to transfer, assign or sell (i) any of their founder shares until the earliest of (A) one year
after the completion of our initial business combination and (B) subsequent to our initial business combination, (x) if the
closing price of our Class A ordinary 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, or (y) the date on which we complete a liquidation, merger, share exchange, reorganization
or other similar transaction that results in all of our public shareholders having the right to exchange their ordinary shares for cash,
securities or other property and (ii) any of their private placement warrants and Class A ordinary shares issued upon conversion
or exercise thereof until 30 days after the completion of our initial business combination. Any permitted transferees will be subject
to the same restrictions and other agreements of our sponsor and our founding team with respect to any founder shares, private placement
warrants and Class A ordinary shares issued upon conversion or exercise thereof. We refer to such transfer restrictions throughout
this Annual Report on Form 10-K as the lock-up. Notwithstanding the foregoing, if the closing price of our Class A ordinary
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,
the founder shares will be released from the lock-up.

 

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Prior to the completion of our initial business
combination, only holders of our founder shares will have the right to vote on the appointment of directors. Holders of our public shares
will not be entitled to vote on the appointment of directors during such time. In addition, prior to the completion of an initial business
combination, holders of a majority of our founder shares may remove a member of the board of directors for any reason. These provisions
of our amended and restated memorandum and articles of association may only be amended by a special resolution passed by holders representing
at least two-thirds of our issued and outstanding Class B ordinary shares. With respect to any other matter submitted to a vote of
our shareholders, including any vote in connection with our initial business combination, except as required by law, holders of our founder
shares and holders of our public shares will vote together as a single class, with each share entitling the holder to one vote.

 

Register of Members

 

Under the Companies Act, we must keep a register
of members and there should be entered therein:

 

		•	the names and addresses of the members of the company, a statement of the shares held by each member, which:

 

		•	distinguishes each share by its number (so long as the share
has a number);

 

		•	confirms the amount paid, or agreed to be considered as paid, on the shares of each member; confirms the number and category of shares
held by each member; and

 

		•	confirms whether each relevant category of shares held by a member carries voting rights under the Articles, and if so, whether such
voting rights are conditional;

 

		•	the date on which the name of any person was entered on the register as a member; and

 

		•	the date on which any person ceased to be a member.

 

For these purposes, “voting rights”
means rights conferred on shareholders, including the right to appoint or remove directors, in respect of their shares to vote at general
meetings of the company on all or substantially all matters. A voting right is conditional where the voting right arises only in certain
circumstances.

 

Under Cayman Islands law, the register of members
of our company is prima facie evidence of the matters set out therein (i.e. the register of members will raise a presumption of fact on
the matters referred to above unless rebutted) and a member registered in the register of members will be deemed as a matter of Cayman
Islands law to have legal title to the shares as set against its name in the register of members. However, there are certain limited circumstances
where an application may be made to a Cayman Islands court for a determination on whether the register of members reflects the correct
legal position.

 

Further, the Cayman Islands court has the power
to order that the register of members maintained by a company should be rectified where it considers that the register of members does
not reflect the correct legal position. If an application for an order for rectification of the register of members were made in respect
of our ordinary shares, then the validity of such shares may be subject to re-examination by a Cayman Islands court.

 

Preference Shares

 

Our amended and restated memorandum and articles
of association authorizes 1,000,000 preference shares and provides that preference shares may be issued from time to time in one or more
series. Our board of directors is authorized to fix the voting rights, if any, designations, powers, preferences, the relative, participating,
optional or other special rights and any qualifications, limitations and restrictions thereof, applicable to the shares of each series.
Our board of directors is able to, without shareholder approval, issue preference shares with voting and other rights that could adversely
affect the voting power and other rights of the holders of the ordinary shares and could have anti- takeover effects. The ability of our
board of directors to issue preference shares without shareholder approval could have the effect of delaying, deferring or preventing
a change of control of us or the removal of our existing management. We have no preference shares issued and outstanding at the date hereof.
Although we do not currently intend to issue any preference shares, we cannot assure you that we will not do so in the future. No preference
shares have been issued or registered as of the date of this Annual Report on Form 10-K.

 

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Warrants

 

Public Shareholders’ Warrants

 

Each whole warrant entitles the registered holder
to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment as discussed below, at any time commencing
on the later of one year from the closing of the Initial Public Offering and 30 days after the completion of our initial business
combination, provided in each case that we have an effective registration statement under the Securities Act covering the Class A
ordinary shares issuable upon exercise of the warrants and a current prospectus relating to them is available (or we permit holders to
exercise their warrants on a cashless basis under the circumstances specified in the warrant agreement) and such shares are registered,
qualified or exempt from registration under the securities, or blue sky, laws of the state of residence of the holder. Pursuant to the
warrant agreement, a warrant holder may exercise its warrants only for a whole number of Class A ordinary shares. This means only
a whole warrant may be exercised at a given time by a warrant holder. No fractional warrants will be issued upon separation of the units
and only whole warrants will trade. Accordingly, unless you purchase at least five units, you will not be able to receive or trade
a whole warrant. The warrants will expire five years after the completion of our initial business combination, at 5:00 p.m.,
New York City time, or earlier upon redemption or liquidation.

 

We will not be obligated to deliver any Class A
ordinary shares pursuant to the exercise of a warrant and will have no obligation to settle such warrant exercise unless a registration
statement under the Securities Act with respect to the Class A ordinary shares underlying the warrants is then effective and a prospectus
relating thereto is current, subject to our satisfying our obligations described below with respect to registration, or a valid exemption
from registration is available. No warrant will be exercisable and we will not be obligated to issue a Class A ordinary share upon
exercise of a warrant unless the Class A ordinary share issuable upon such warrant exercise has been registered, qualified or deemed
to be exempt under the securities laws of the state of residence of the registered holder of the warrants. In the event that the conditions
in the two immediately preceding sentences are not satisfied with respect to a warrant, the holder of such warrant will not be entitled
to exercise such warrant and such warrant may have no value and expire worthless. In no event will we be required to net cash settle any
warrant. In the event that a registration statement is not effective for the exercised warrants, the purchaser of a unit containing such
warrant will have paid the full purchase price for the unit solely for the Class A ordinary share underlying such unit.

 

We
have agreed that as soon as practicable, but in no event later than 20 business days after the closing of our initial business combination,
we will use our commercially reasonable efforts to file with the SEC a registration statement covering the Class A ordinary shares
issuable upon exercise of the warrants, and we will use our commercially reasonable efforts to cause the same to become effective within
60 business days after the closing of our initial business combination, and to maintain the effectiveness of such registration statement
and a current prospectus relating to those Class A ordinary shares until the warrants expire or are redeemed, as specified in the
warrant agreement; provided that if our Class A ordinary shares are at the time of any exercise of a warrant not listed on a national
securities exchange such that they satisfy the definition of a “covered security” under Section 18(b)(1) of the
Securities Act, we may, at our option, require holders of public warrants who exercise their warrants to do so on a “cashless basis”
in accordance with Section 3(a)(9) of the Securities Act and, in the event we so appoint, we will not be required to file or
maintain in effect a registration statement. If a registration statement covering the Class A ordinary shares issuable upon exercise
of the warrants is not effective by the 60th day after the closing of the initial business
combination, warrant holders may, until such time as there is an effective registration statement and during any period when we will have
failed to maintain an effective registration statement, exercise warrants on a “cashless basis” in accordance with Section 3(a)(9) of
the Securities Act or another exemption, but we will use our best efforts to register or qualify the shares under applicable blue sky
laws to the extent an exemption is not available.

 

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In addition, if (x) we issue additional Class A
ordinary shares or equity linked securities for capital raising purposes in connection with the closing of our initial business combination
at an issue price or effective issue price of less than $9.20 per Class A ordinary share (with such issue price or effective issue
price to be determined in good faith by our board of directors and, in the case of any such issuance to our initial shareholders or their
affiliates, without taking into account any founder shares held by our initial shareholders or such affiliates, as applicable, prior to
such issuance including any transfer or reissuance of such shares (the “Newly Issued Price”)), (y) the aggregate gross
proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of
our initial business combination, and (z) the volume-weighted average trading price of our Class A ordinary shares during the
10 trading day period starting on the trading day after the day on which we consummate our initial business combination is below $9.20
per share, the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value
and the Newly Issued Price, and the $10.00 and $18.00 per share redemption trigger prices adjacent to “Redemption of warrants
for cash when the price per Class A ordinary share equals or exceeds $10.00” and “Redemptions of warrants for
cash when the price per Class A ordinary share equals or exceeds $18.00” will be adjusted (to the nearest cent) to be equal
to 100% and 180% of the higher of the Market Value and the Newly Issued Price, respectively.

 

Redemptions
of warrants for cash when the price per Class A ordinary share equals or exceeds $18.00.    Once the warrants
become exercisable, we may call the warrants for redemption (except as described herein with respect to the private placement warrants):

 

		•	in whole and not in part;

 

		•	at a price of $0.01 per warrant;

 

		•	upon not less than 30 days’ prior written notice of redemption to each warrant holder; and

 

		•	if, and only if, the closing price of the Class A ordinary shares equals or exceeds $18.00 per share (as adjusted for share sub-divisions,
share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within a 30-trading day period ending
on the third trading day prior to the date on which notice of the redemption is given to the warrant holders (the “Reference Value”).

 

We will not redeem the warrants as described above
unless a registration statement under the Securities Act covering the issuance of the Class A ordinary shares issuable upon exercise
of the warrants is then effective and a current prospectus relating to those shares is available throughout the 30-day redemption period.
If and when the warrants become redeemable by us, we may exercise our redemption right even if we are unable to register or qualify the
underlying securities for sale under all applicable state securities laws. As a result, we may redeem the warrants as set forth above
even if the holders are otherwise unable to exercise the warrants.

 

We have established the last of the redemption
criterion discussed above to prevent a redemption call unless there is at the time of the call a significant premium to the warrant exercise
price. If the foregoing conditions are satisfied and we issue a notice of redemption of the warrants, each warrant holder will be entitled
to exercise his, her or its warrant prior to the scheduled redemption date. However, the price of the Class A ordinary shares may
fall below the $18.00 redemption trigger price (as adjusted for share sub-divisions, share capitalizations, reorganizations, recapitalizations
and the like) as well as the $11.50 (for whole shares) warrant exercise price after the redemption notice is issued.

 

Redemption
of warrants for cash when the price per Class A ordinary share equals or exceeds $10.00.    Once the warrants
become exercisable, we may redeem the outstanding warrants:

 

		•	in whole and not in part;

 

		•	at $0.10 per warrant upon a minimum of 30 days’ prior written notice of redemption; provided that during such 30
day period holders will be able to exercise their warrants on a cashless basis prior to redemption and receive that number of shares determined
by reference to the table below, based on the redemption date and the “fair market value” of our Class A ordinary shares
(as defined below) except as otherwise described below; provided, further, that if the warrants are not exercised on a cashless
basis or otherwise during such 30 day period, we shall redeem such warrants for $0.10 per share;

 

		•	if, and only if, the Reference Value (as defined above under “Redemption of Warrants When the Price per Class A Ordinary
Share Equals or Exceeds $18.00”) equals or exceeds $10.00 per share (as adjusted for share subdivisions, share dividends, reorganizations,
recapitalizations and the like) on the trading day before we send the notice of redemption to the warrant holders; and

 

    8

     

    

 

		•	if the Reference Value is less than $18.00 per share (as adjusted for share subdivisions, share dividends, reorganizations, recapitalizations
and the like), the private placement warrants must also be concurrently called for redemption on the same terms as the outstanding public
warrants, as described above.

 

The numbers in the table below represent the number
of Class A ordinary shares that a warrant holder will receive upon exercise in connection with a redemption by us pursuant to this
redemption feature, based on the “fair market value” of our Class A ordinary shares on the corresponding redemption date
(assuming holders elect to exercise their warrants and such warrants are not redeemed for $0.10 per warrant), determined based on volume-weighted
average price of our Class A ordinary shares as reported during the 10 trading days immediately following the date on which the notice
of redemption is sent to the holders of warrants, and the number of months that the corresponding redemption date precedes the expiration
date of the warrants, each as set forth in the table below. We will provide our warrant holders with the final fair market value no later
than one business day after the 10-trading day period described above ends.

 

Pursuant to the warrant agreement, references
above to Class A ordinary shares shall include a security other than Class A ordinary shares into which the Class A ordinary
shares have been converted or exchanged for in the event we are not the surviving company in our initial business combination. The numbers
in the table below will not be adjusted when determining the number of Class A ordinary shares to be issued upon exercise of the
warrants if we are not the surviving entity following our initial business combination.

 

The share prices set forth in the column headings
of the table below will be adjusted as of any date on which the number of shares issuable upon exercise of a warrant or the exercise price
of the warrant is adjusted as set forth under the heading “Anti-dilution Adjustments” below. If the number of shares issuable
upon exercise of a warrant is adjusted, the adjusted share prices in the column headings will equal the share prices immediately prior
to such adjustment, multiplied by a fraction, the numerator of which is the exercise price of the warrant after such adjustment and the
denominator of which is the price of the warrant immediately prior to such adjustment. In such an event, the number of shares in the table
below shall be adjusted by multiplying such share amounts by a fraction, the numerator of which is the number of shares deliverable upon
exercise of a warrant immediately prior to such adjustment and the denominator of which is the number of shares deliverable upon exercise
of a warrant as so adjusted. If the exercise price of the warrant is adjusted as a result of raising capital in connection with the initial
business combination, the adjusted share prices in the column headings will by multiplied by a fraction, the numerator of which is the
higher of the Market Value and the Newly Issued Price as set forth under the heading “Anti-dilution Adjustments” and the denominator
of which is $10.00.

 

	 	 	Fair Market Value of Class A Ordinary Shares	 
	Redemption Date (period to
 expiration of warrants)
	 	<$10.00	 	 	$11.00	 	 	$12.00	 	 	$13.00	 	 	$14.00	 	 	$15.00	 	 	$16.00	 	 	$17.00	 	 	>$18.00	 
	60 months	 	 	0.261	 	 	 	0.281	 	 	 	0.297	 	 	 	0.311	 	 	 	0.324	 	 	 	0.337	 	 	 	0.348	 	 	 	0.358	 	 	 	0.361	 
	57 months	 	 	0.257	 	 	 	0.277	 	 	 	0.294	 	 	 	0.310	 	 	 	0.324	 	 	 	0.337	 	 	 	0.348	 	 	 	0.358	 	 	 	0.361	 
	54 months	 	 	0.252	 	 	 	0.272	 	 	 	0.291	 	 	 	0.307	 	 	 	0.322	 	 	 	0.335	 	 	 	0.347	 	 	 	0.357	 	 	 	0.361	 
	51 months	 	 	0.246	 	 	 	0.268	 	 	 	0.287	 	 	 	0.304	 	 	 	0.320	 	 	 	0.333	 	 	 	0.346	 	 	 	0.357	 	 	 	0.361	 
	48 months	 	 	0.241	 	 	 	0.263	 	 	 	0.283	 	 	 	0.301	 	 	 	0.317	 	 	 	0.332	 	 	 	0.344	 	 	 	0.356	 	 	 	0.361	 
	45 months	 	 	0.235	 	 	 	0.258	 	 	 	0.279	 	 	 	0.298	 	 	 	0.315	 	 	 	0.330	 	 	 	0.343	 	 	 	0.356	 	 	 	0.361	 
	42 months	 	 	0.228	 	 	 	0.252	 	 	 	0.274	 	 	 	0.294	 	 	 	0.312	 	 	 	0.328	 	 	 	0.342	 	 	 	0.355	 	 	 	0.361	 
	39 months	 	 	0.221	 	 	 	0.246	 	 	 	0.269	 	 	 	0.290	 	 	 	0.309	 	 	 	0.325	 	 	 	0.340	 	 	 	0.354	 	 	 	0.361	 
	36 months	 	 	0.213	 	 	 	0.239	 	 	 	0.263	 	 	 	0.285	 	 	 	0.305	 	 	 	0.323	 	 	 	0.339	 	 	 	0.353	 	 	 	0.361	 
	33 months	 	 	0.205	 	 	 	0.232	 	 	 	0.257	 	 	 	0.280	 	 	 	0.301	 	 	 	0.320	 	 	 	0.337	 	 	 	0.352	 	 	 	0.361	 
	30 months	 	 	0.196	 	 	 	0.224	 	 	 	0.250	 	 	 	0.274	 	 	 	0.297	 	 	 	0.316	 	 	 	0.335	 	 	 	0.351	 	 	 	0.361	 
	27 months	 	 	0.185	 	 	 	0.214	 	 	 	0.242	 	 	 	0.268	 	 	 	0.291	 	 	 	0.313	 	 	 	0.332	 	 	 	0.350	 	 	 	0.361	 
	24 months	 	 	0.173	 	 	 	0.204	 	 	 	0.233	 	 	 	0.260	 	 	 	0.285	 	 	 	0.308	 	 	 	0.329	 	 	 	0.348	 	 	 	0.361	 
	21 months	 	 	0.161	 	 	 	0.193	 	 	 	0.223	 	 	 	0.252	 	 	 	0.279	 	 	 	0.304	 	 	 	0.326	 	 	 	0.347	 	 	 	0.361	 
	18 months	 	 	0.146	 	 	 	0.179	 	 	 	0.211	 	 	 	0.242	 	 	 	0.271	 	 	 	0.298	 	 	 	0.322	 	 	 	0.345	 	 	 	0.361	 
	15 months	 	 	0.130	 	 	 	0.164	 	 	 	0.197	 	 	 	0.230	 	 	 	0.262	 	 	 	0.291	 	 	 	0.317	 	 	 	0.342	 	 	 	0.361	 
	12 months	 	 	0.111	 	 	 	0.146	 	 	 	0.181	 	 	 	0.216	 	 	 	0.250	 	 	 	0.282	 	 	 	0.312	 	 	 	0.339	 	 	 	0.361	 
	9 months	 	 	0.090	 	 	 	0.125	 	 	 	0.162	 	 	 	0.199	 	 	 	0.237	 	 	 	0.272	 	 	 	0.305	 	 	 	0.336	 	 	 	0.361	 
	6 months	 	 	0.065	 	 	 	0.099	 	 	 	0.137	 	 	 	0.178	 	 	 	0.219	 	 	 	0.259	 	 	 	0.296	 	 	 	0.331	 	 	 	0.361	 
	3 months	 	 	0.034	 	 	 	0.065	 	 	 	0.104	 	 	 	0.150	 	 	 	0.197	 	 	 	0.243	 	 	 	0.286	 	 	 	0.326	 	 	 	0.361	 
	0 months	 	 	—	 	 	 	—	 	 	 	0.042	 	 	 	0.115	 	 	 	0.179	 	 	 	0.233	 	 	 	0.281	 	 	 	0.323	 	 	 	0.361	 

 

    9

     

    

 

The exact fair market value and redemption date
may not be set forth in the table above, in which case, if the fair market value is between two values in the table or the redemption
date is between two redemption dates in the table, the number of Class A ordinary shares to be issued for each warrant exercised
will be determined by a straight-line interpolation between the number of shares set forth for the higher and lower fair market values
and the earlier and later redemption dates, as applicable, based on a 365 or 366-day year, as applicable. For example, if the volume-weighted
average price of our Class A ordinary shares as reported during the 10 trading days immediately following the date on which the notice
of redemption is sent to the holders of the warrants is $11.00 per share, and at such time there are 57 months until the expiration
of the warrants, holders may choose to, in connection with this redemption feature, exercise their warrants for 0.277 Class A ordinary
shares for each whole warrant. For an example where the exact fair market value and redemption date are not as set forth in the table
above, if the volume-weighted average price of our Class A ordinary shares as reported during the 10 trading days immediately following
the date on which the notice of redemption is sent to the holders of the warrants is $13.50 per share, and at such time there are 38 months
until the expiration of the warrants, holders may choose to, in connection with this redemption feature, exercise their warrants for 0.298
Class A ordinary shares for each whole warrant. In no event will the warrants be exercisable in connection with this redemption feature
for more than 0.361 Class A ordinary shares per warrant (subject to adjustment).

 

This redemption feature
is structured to allow for all of the outstanding warrants to be redeemed when the Class A ordinary shares are trading at or
above $10.00 per share, which may be at a time when the trading price of our Class A ordinary shares is below the exercise
price of the warrants. We have established this redemption feature to provide us with the flexibility to redeem the warrants without
the warrants having to reach the $18.00 per share threshold set forth above under “Redemptions of warrants for cash when
the price per Class A ordinary share equals or exceeds $18.00”. Holders choosing to exercise their warrants in
connection with a redemption pursuant to this feature will, in effect, receive a number of shares for their warrants based on an
option pricing model with a fixed volatility input as of the date of the prospectus relating to our Initial Public Offering. This
redemption right provides us with an additional mechanism by which to redeem all of the outstanding warrants, and therefore have
certainty as to our capital structure as the warrants would no longer be outstanding and would have been exercised or redeemed. We
will be required to pay the applicable redemption price to warrant holders if we choose to exercise this redemption right and it
will allow us to quickly proceed with a redemption of the warrants if we determine it is in our best interest to do so. As such, we
would redeem the warrants in this manner when we believe it is in our best interest to update our capital structure to remove the
warrants and pay the redemption price to the warrant holders.

 

As stated above, we can redeem the warrants when
the Class A ordinary shares are trading at a price starting at $10.00, which is below the exercise price of $11.50, because it will
provide certainty with respect to our capital structure and cash position while providing warrant holders with the opportunity to exercise
their warrants on a cashless basis for the applicable number of shares. If we choose to redeem the warrants when the Class A ordinary
shares are trading at a price below the exercise price of the warrants, this could result in the warrant holders receiving fewer Class A
ordinary shares than they would have received if they had chosen to wait to exercise their warrants for Class A ordinary shares if
and when such Class A ordinary shares were trading at a price higher than the exercise price of $11.50.

 

No fractional Class A ordinary shares will
be issued upon exercise. If, upon exercise, a holder would be entitled to receive a fractional interest in a share, we will round down
to the nearest whole number of the number of Class A ordinary shares to be issued to the holder. If, at the time of redemption, the
warrants are exercisable for a security other than the Class A ordinary shares pursuant to the warrant agreement (for instance, if
we are not the surviving company in our initial business combination), the warrants may be exercised for such security. At such time as
the warrants become exercisable for a security other than the Class A ordinary shares, the Company (or surviving company) will use
its commercially reasonable efforts to register under the Securities Act the security issuable upon the exercise of the warrants.

 

    10

     

    

 

 

A holder of a warrant may notify us in writing
in the event it elects to be subject to a requirement that such holder will not have the right to exercise such warrant, to the extent
that after giving effect to such exercise, such person (together with such person’s affiliates), to the warrant agent’s actual
knowledge, would beneficially own in excess of 4.9% or 9.8% (as specified by the holder) of the Class A ordinary shares issued and
outstanding immediately after giving effect to such exercise.

 

Anti-dilution
Adjustments.   If the number of outstanding Class A ordinary shares is increased by a capitalization or
share dividend payable in Class A ordinary shares, or by a sub-divisions of ordinary shares or other similar event, then, on the
effective date of such capitalization or share dividend, sub- divisions or similar event, the number of Class A ordinary shares issuable
on exercise of each warrant will be increased in proportion to such increase in the outstanding ordinary shares. A rights offering made
to all or substantially all holders of ordinary shares entitling holders to purchase Class A ordinary shares at a price less than
the “historical fair market value” (as defined below) will be deemed a share dividend of a number of Class A ordinary
shares equal to the product of (i) the number of Class A ordinary shares actually sold in such rights offering (or issuable
under any other equity securities sold in such rights offering that are convertible into or exercisable for Class A ordinary shares)
and (ii) one minus the quotient of (x) the price per Class A ordinary share paid in such rights offering and (y) the
historical fair market value. For these purposes, (i) if the rights offering is for securities convertible into or exercisable for
Class A ordinary shares, in determining the price payable for Class A ordinary shares, there will be taken into account any
consideration received for such rights, as well as any additional amount payable upon exercise or conversion and (ii) “historical
fair market value” means the volume-weighted average price of Class A ordinary shares as reported during the 10 trading day
period ending on the trading day prior to the first date on which the Class A ordinary shares trade on the applicable exchange or
in the applicable market, regular way, without the right to receive such rights.

 

In addition, if we, at any time while the warrants
are outstanding and unexpired, pay a dividend or make a distribution in cash, securities or other assets to all or substantially all the
holders of Class A ordinary shares on account of such Class A ordinary shares (or other securities into which the warrants are
convertible), other than (a) as described above, (b) any cash dividends or cash distributions which, when combined on a per
share basis with all other cash dividends and cash distributions paid on the Class A ordinary shares during the 365-day period ending
on the date of declaration of such dividend or distribution does not exceed $0.50 (as adjusted to appropriately reflect any other adjustments
and excluding cash dividends or cash distributions that resulted in an adjustment to the exercise price or to the number of Class A
ordinary shares issuable on exercise of each warrant) but only with respect to the amount of the aggregate cash dividends or cash distributions
equal to or less than $0.50 per share, (b) to satisfy the redemption rights of the holders of Class A ordinary shares in connection
with a proposed initial business combination, (d) to satisfy the redemption rights of the holders of Class A ordinary shares
in connection with a shareholder vote to amend our amended and restated memorandum and articles of association (A) to modify the
substance or timing of our obligation to provide holders of our Class A ordinary shares the right to have their shares redeemed in
connection with our initial business combination or to redeem 100% of our public shares if we do not complete our initial business combination
within 24 months from the Initial Public Offering, or 27 months from the Initial Public Offering if we have executed a letter
of intent, agreement in principle or definitive agreement for an initial business combination within 24 months from the Initial Public
Offering, or (B) with respect to any other provision relating to the rights of holders of our Class A ordinary shares or pre-initial
business combination activity, or (e) in connection with the redemption of our public shares upon our failure to complete our initial
business combination, then the warrant exercise price will be decreased, effective immediately after the effective date of such event,
by the amount of cash and/or the fair market value of any securities or other assets paid on each Class A ordinary share in respect
of such event.

 

If the number of outstanding Class A ordinary
shares is decreased by a consolidation, combination, reverse share sub-division or reclassification of Class A ordinary shares or
other similar event, then, on the effective date of such consolidation, combination, reverse share sub-division, reclassification or similar
event, the number of Class A ordinary shares issuable on exercise of each warrant will be decreased in proportion to such decrease
in outstanding Class A ordinary shares.

 

Whenever the number of Class A ordinary shares
purchasable upon the exercise of the warrants is adjusted, as described above, the warrant exercise price will be adjusted by multiplying
the warrant exercise price immediately prior to such adjustment by a fraction (x) the numerator of which will be the number of Class A
ordinary shares purchasable upon the exercise of the warrants immediately prior to such adjustment and (y) the denominator of which
will be the number of Class A ordinary shares so purchasable immediately thereafter.

 

    11

     

    

In case of any reclassification or reorganization
of the outstanding Class A ordinary shares (other than those described above or that solely affects the par value of such Class A
ordinary shares), or in the case of any merger or consolidation of us with or into another corporation (other than a consolidation or
merger in which we are the continuing corporation and that does not result in any reclassification or reorganization of our issued and
outstanding Class A ordinary shares), or in the case of any sale or conveyance to another corporation or entity of the assets or
other property of us as an entirety or substantially as an entirety in connection with which we are dissolved, the holders of the warrants
will thereafter have the right to purchase and receive, upon the basis and upon the terms and conditions specified in the warrants and
in lieu of the Class A ordinary shares immediately theretofore purchasable and receivable upon the exercise of the rights represented
thereby, the kind and amount of Class A ordinary shares or other securities or property (including cash) receivable upon such reclassification,
reorganization, merger or consolidation, or upon a dissolution following any such sale or transfer, that the holder of the warrants would
have received if such holder had exercised their warrants immediately prior to such event. If less than 70% of the consideration receivable
by the holders of Class A ordinary shares in such a transaction is payable in the form of Class A ordinary shares in the successor
entity that is listed for trading on a national securities exchange or is quoted in an established over-the-counter market, or is to be
so listed for trading or quoted immediately following such event, and if the registered holder of the warrant properly exercises the warrant
within thirty days following public disclosure of such transaction, the warrant exercise price will be reduced as specified in the warrant
agreement based on the Black-Scholes value (as defined in the warrant agreement) of the warrant. The purpose of such exercise price reduction
is to provide additional value to holders of the warrants when an extraordinary transaction occurs during the exercise period of the warrants
pursuant to which the holders of the warrants otherwise do not receive the full potential value of the warrants.

 

The warrants wereissued in registered form under
a warrant agreement between Continental Stock Transfer & Trust Company, as warrant agent, and us. The warrant agreement provides
that the terms of the warrants may be amended without the consent of any holder to cure any ambiguity or correct any defective provision
or correct any mistake, including to conform the provisions of the warrant agreement to the description of the terms of the warrants and
the warrant agreement set forth in this Annual Report on Form 10-K, but requires the approval by the holders of at least 50% of the
then outstanding public warrants to make any change that adversely affects the interests of the registered holders. You should review
a copy of the warrant agreement, which on file with the SEC, for a complete description of the terms and conditions applicable to the
warrants.

 

The warrant holders do not have the rights or
privileges of holders of ordinary shares and any voting rights until they exercise their warrants and receive Class A ordinary shares.
After the issuance of Class A ordinary shares upon exercise of the warrants, each holder will be entitled to one vote for each share
held of record on all matters to be voted on by shareholders.

 

No fractional shares will be issued upon exercise
of the warrants. If, upon exercise of the warrants, a holder would be entitled to receive a fractional interest in a share, we will, upon
exercise, round down to the nearest whole number the number of Class A ordinary shares to be issued to the warrant holder.

 

We have agreed that, subject to applicable law,
any action, proceeding or claim against us arising out of or relating in any way to the warrant agreement will 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 we irrevocably submit
to such jurisdiction, which jurisdiction will be the exclusive forum for any such action, proceeding or claim. This provision applies
to claims under the Securities Act but does not apply to claims under the Exchange Act or any claim for which the federal district courts
of the United States of America are the sole and exclusive forum.

 

    12

     

    

Private placement warrants

 

Except as described below, the private placement
warrants have terms and provisions that are identical to those of the warrants sold to the public. The private placement warrants (including
the Class A ordinary shares issuable upon exercise of the private placement warrants) will not be transferable, assignable or salable
until 30 days after the completion of our initial business combination (except pursuant to limited exceptions as described under
 “Transfers of Founder Shares and Private Placement Warrants,” to our officers and directors and other persons or entities
affiliated with the initial purchasers of the private placement warrants) and they will not be redeemable by us (except as described above
under “Redemption of warrants for cash when the price per Class A ordinary share equals or exceeds $10.00”) so
long as they are held by our sponsor or its permitted transferees. Our sponsor, or its permitted transferees, has the option to exercise
the private placement warrants on a cashless basis. If the private placement warrants are held by holders other than our sponsor or its
permitted transferees, the private placement warrants will be redeemable by us in all redemption scenarios and exercisable by the holders
on the same basis as the warrants included in the units sold to the public. Any amendment to the terms of the private placement warrants
or any provision of the warrant agreement with respect to the private placement warrants will require a vote of holders of at least 50%
of the number of the then outstanding private placement warrants.

 

If holders of the private placement warrants elect
to exercise them on a cashless basis, they would pay the exercise price by surrendering his, her or its warrants for that number of Class A
ordinary shares equal to the quotient obtained by dividing (x) the product of the number of Class A ordinary shares underlying
the warrants, multiplied by the excess of the “historical fair market value” (defined below) over the exercise price of the
warrants by (y) the historical fair market value. The “historical fair market value” will mean the average reported closing
price of the Class A ordinary shares for the 10 trading days ending on the third trading day prior to the date on which the notice
of warrant exercise is sent to the holders of warrants. The reason that we have agreed that these warrants will be exercisable on a cashless
basis so long as they are held by our sponsor and permitted transferees is because it is not known at this time whether they will be affiliated
with us following a business combination. If they remain affiliated with us, their ability to sell our securities in the open market will
be significantly limited. We expect to have policies in place that restrict insiders from selling our securities except during specific
periods of time. Even during such periods of time when insiders will be permitted to sell our securities, an insider cannot trade in our
securities if he or she is in possession of material non-public information. Accordingly, unlike public shareholders who could exercise
their warrants and sell the Class A ordinary shares received upon such exercise freely in the open market in order to recoup the
cost of such exercise, the insiders could be significantly restricted from selling such securities. As a result, we believe that allowing
the holders to exercise such warrants on a cashless basis is appropriate.

 

In order to fund working capital deficiencies
or finance transaction costs in connection with an intended initial business combination, our sponsor or an affiliate of our sponsor or
certain of our officers and directors may, but are not obligated to, loan us funds as may be required. Up to $1,500,000 of such loans
may be convertible into warrants of the post-business combination company at a price of $1.50 per warrant at the option of the lender.
Such warrants would be identical to the private placement warrants.

 

Dividends

 

We have not paid any cash dividends on our ordinary
shares to date and do not intend to pay cash dividends prior to the completion of a business combination. The payment of cash dividends
in the future will be dependent upon our revenues and earnings, if any, capital requirements and general financial condition subsequent
to completion of a business combination. The payment of any cash dividends subsequent to a business combination will be within the discretion
of our board of directors at such time, and we will only pay such dividend out of our profits or share premium (subject to solvency requirements)
as permitted under Cayman Islands law. Further, if we incur any indebtedness in connection with a business combination, our ability to
declare dividends may be limited by restrictive covenants we may agree to in connection therewith.

 

Our Transfer Agent and Warrant Agent

 

The transfer agent for our ordinary shares and
warrant agent for our warrants is Continental Stock Transfer & Trust Company. We have agreed to indemnify Continental Stock Transfer &
Trust Company in its roles as transfer agent and warrant agent, its agents and each of its shareholders, directors, officers and employees
against all claims and losses that may arise out of acts performed or omitted for its activities in that capacity, except for any claims
and losses due to any gross negligence or intentional misconduct of the indemnified person or entity.

 

Certain Differences in Corporate Law

 

Cayman Islands companies are governed by the Companies
Act. The Companies Act is modeled on English Law but does not follow recent English Law statutory enactments, and differs from laws applicable
to United States corporations and their shareholders. Set forth below is a summary of the material differences between the provisions
of the Companies Act applicable to us and the laws applicable to companies incorporated in the United States and their shareholders.

 

    13

     

    

Mergers
and Similar Arrangements.   In certain circumstances, the Companies Act allows for mergers or consolidations
between two Cayman Islands companies, or between a Cayman Islands exempted company and a company incorporated in another jurisdiction
(provided that is facilitated by the laws of that other jurisdiction) so as to form a single surviving company.

 

Where the merger or consolidation is between two
Cayman Islands companies, the directors of each company must approve and enter into a written plan of merger or consolidation containing
certain prescribed information. That plan or merger or consolidation must then be authorized by either (a) a special resolution (usually
a majority of two-thirds in value of the voting shares voted at a general meeting) of the shareholders of each company; or (b) such
other authorization, if any, as may be specified in such constituent company’s articles of association. No shareholder resolution
is required for a merger between a parent company (i.e., a company that owns at least 90% of the issued shares of each class in a subsidiary
company) and its subsidiary company. The consent of each holder of a fixed or floating security interest of a constituent company must
be obtained, unless the court waives such requirement. If the Cayman Islands Registrar of Companies is satisfied that the requirements
of the Companies Act (which includes certain other formalities) have been complied with, the Registrar of Companies will register the
plan of merger or consolidation.

 

Where the merger or consolidation involves a foreign
company, the procedure is similar, save that with respect to the foreign company, the directors of the Cayman Islands exempted company
are required to make a declaration to the effect that, having made due enquiry, they are of the opinion that the requirements set out
below have been met: (i) that the merger or consolidation is permitted or not prohibited by the constitutional documents of the foreign
company and by the laws of the jurisdiction in which the foreign company is incorporated, and that those laws and any requirements of
those constitutional documents have been or will be complied with; (ii) that no petition or other similar proceeding has been filed
and remains outstanding or order made or resolution adopted to wind up or liquidate the foreign company in any jurisdictions; (iii) that
no receiver, trustee, administrator or other similar person has been appointed in any jurisdiction and is acting in respect of the foreign
company, its affairs or its property or any part thereof; and (iv) that no scheme, order, compromise or other similar arrangement
has been entered into or made in any jurisdiction whereby the rights of creditors of the foreign company are and continue to be suspended
or restricted.

 

Where the surviving company is the Cayman Islands
exempted company, the directors of the Cayman Islands exempted company are further required to make a declaration to the effect that,
having made due enquiry, they are of the opinion that the requirements set out below have been met: (i) that the foreign company
is able to pay its debts as they fall due and that the merger or consolidated is bona fide and not intended to defraud unsecured creditors
of the foreign company; (ii) that in respect of the transfer of any security interest granted by the foreign company to the surviving
or consolidated company (a) consent or approval to the transfer has been obtained, released or waived; (b) the transfer is permitted
by and has been approved in accordance with the constitutional documents of the foreign company; and (c) the laws of the jurisdiction
of the foreign company with respect to the transfer have been or will be complied with; (iii) that the foreign company will, upon
the merger or consolidation becoming effective, cease to be incorporated, registered or exist under the laws of the relevant foreign jurisdiction;
and (iv) that there is no other reason why it would be against the public interest to permit the merger or consolidation.

 

Where the above procedures are adopted, the Companies
Act provides certain limited appraisal rights for dissenting shareholders to be paid a payment of the fair value of his shares upon their
dissenting to the merger or consolidation if they follow a prescribed procedure. In essence, that procedure is as follows: (a) the
shareholder must give his written objection to the merger or consolidation to the constituent company before the vote on the merger or
consolidation, including a statement that the shareholder proposes to demand payment for his shares if the merger or consolidation is
authorized by the vote; (b) within 20 days following the date on which the merger or consolidation is approved by the shareholders,
the constituent company must give written notice to each shareholder who made a written objection; (c) a shareholder must within
20 days following receipt of such notice from the constituent company, give the constituent company a written notice of his intention
to dissent including, among other details, a demand for payment of the fair value of his shares; (d) within seven days following
the date of the expiration of the period set out in paragraph (b) above or seven days following the date on which the plan of merger
or consolidation is filed, whichever is later, the constituent company, the surviving company or the consolidated company must make a
written offer to each dissenting shareholder to purchase his shares at a price that the company determines is the fair value and if the
company and the shareholder agree the price within 30 days following the date on which the offer was made, the company must pay the
shareholder such amount; and (e) if the company and the shareholder fail to agree a price within such 30 day period, within 20 days
following the date on which such 30 day period expires, the company (and any dissenting shareholder) must file a petition with the Cayman
Islands Grand Court to determine the fair value and such petition must be accompanied by a list of the names and addresses of the dissenting
shareholders with whom agreements as to the fair value of their shares have not been reached by the company. At the hearing of that petition,
the court has the power to determine the fair value of the shares together with a fair rate of interest, if any, to be paid by the company
upon the amount determined to be the fair value. Any dissenting shareholder whose name appears on the list filed by the company may participate
fully in all proceedings until the determination of fair value is reached. These rights of a dissenting shareholder are not available
in certain circumstances, for example, to dissenters holding shares of any class in respect of which an open market exists on a recognized
stock exchange or recognized interdealer quotation system at the relevant date or where the consideration for such shares to be contributed
are shares of any company listed on a national securities exchange or shares of the surviving or consolidated company.

 

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Moreover, Cayman Islands law has separate statutory
provisions that facilitate the reconstruction or amalgamation of companies in certain circumstances, schemes of arrangement will generally
be more suited for complex mergers or other transactions involving widely held companies, commonly referred to in the Cayman Islands as
a “scheme of arrangement” which may be tantamount to a merger.

 

In the event that a merger was sought pursuant
to a scheme of arrangement (the procedures for which are more rigorous and take longer to complete than the procedures typically required
to consummate a merger in the United States), the arrangement in question must be approved by a majority in number of each class of shareholders
and creditors with whom the arrangement is to be made and who must in addition represent three-fourth in value of each such class of shareholders
or creditors, as the case may be, that are present and voting either in person or by proxy at a meeting, or meeting summoned for that
purpose. The convening of the meetings and subsequently the terms of the arrangement must be sanctioned by the Grand Court of the Cayman
Islands. While a dissenting shareholder would have the right to express to the court the view that the transaction should not be approved,
the court can be expected to approve the arrangement if it satisfies itself that:

 

		•	we are not proposing to act illegally or beyond the scope of our corporate authority and the statutory provisions as to majority vote
have been complied with;

 

		•	the shareholders have been fairly represented at the meeting in question; the arrangement is such as a businessman would reasonably
approve; and

 

		•	the arrangement is not one that would more properly be sanctioned under some other provision of the Companies Act or that would amount
to a “fraud on the minority.”

 

If a scheme of arrangement or takeover offer (as
described below) is approved, any dissenting shareholder would have no rights comparable to appraisal rights (providing rights to receive
payment in cash for the judicially determined value of the shares), which would otherwise ordinarily be available to dissenting shareholders
of United States corporations.

 

Squeeze-out
Provisions.   When a tender offer is made and accepted by holders of 90% of the shares to whom the offer relates
within four months, the offeror may, within a two-month period, require the holders of the remaining shares to transfer such shares
on the terms of the offer. An objection can be made to the Grand Court of the Cayman Islands, but this is unlikely to succeed unless there
is evidence of fraud, bad faith, collusion or inequitable treatment of the shareholders.

 

Further, transactions similar to a merger, reconstruction
and/or an amalgamation may in some circumstances be achieved through means other than these statutory provisions, such as a share capital
exchange, asset acquisition or control, or through contractual arrangements of an operating business.

 

Shareholders’
Suits.   Campbells, our Cayman Islands legal counsel, is not aware of any reported class action having been
brought in a Cayman Islands court. Derivative actions have been brought in the Cayman Islands courts, and the Cayman Islands courts have
confirmed the availability for such actions. In most cases, we will be the proper plaintiff in any claim based on a breach of duty owed
to us, and a claim against (for example) our officers or directors usually may not be brought by a shareholder. However, based both on
Cayman Islands authorities and on English authorities, which would in all likelihood be of persuasive authority and be applied by a court
in the Cayman Islands, exceptions to the foregoing principle apply in circumstances in which:

 

		•	a company is acting, or proposing to act, illegally or ultra vires (beyond the scope of its authority);

 

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		•	the act complained of, although not beyond the scope of the authority, could be effected if duly authorized by more than the number
of votes which have actually been obtained; or

 

		•	those who control the company are perpetrating a “fraud on the minority.”

 

A shareholder may have a direct right of action
against us where the individual rights of that shareholder have been infringed or are about to be infringed.

 

Enforcement
of Civil Liabilities.   The Cayman Islands has a different body of securities laws as compared to the United
States and provides less protection to investors. Additionally, Cayman Islands companies may not have standing to sue before the Federal
courts of the United States.

 

We have been advised by Campbells, our Cayman
Islands legal counsel, that the courts of the Cayman Islands are unlikely (i) to recognize or enforce against us judgments of courts
of the United States predicated upon the civil liability provisions of the federal securities laws of the United States or any state;
and (ii) in original actions brought in the Cayman Islands, to impose liabilities against us predicated upon the civil liability
provisions of the federal securities laws of the United States or any state, so far as the liabilities imposed by those provisions are
penal in nature. In those circumstances, although there is no statutory enforcement in the Cayman Islands of judgments obtained in the
United States, the courts of the Cayman Islands will recognize and enforce a foreign money judgment of a foreign court of competent jurisdiction
without retrial on the merits based on the principle that a judgment of a competent foreign court imposes upon the judgment debtor an
obligation to pay the sum for which judgment has been given provided certain conditions are met. For a foreign judgment to be enforced
in the Cayman Islands, such judgment must be final and conclusive and for a liquidated sum, and must not be in respect of taxes or a fine
or penalty, inconsistent with a Cayman Islands judgment in respect of the same matter, impeachable on the grounds of fraud or obtained
in a manner, and or be of a kind the enforcement of which is, contrary to natural justice or the public policy of the Cayman Islands (awards
of punitive or multiple damages may well be held to be contrary to public policy). A Cayman Islands Court may stay enforcement proceedings
if concurrent proceedings are being brought elsewhere.

 

Special
Considerations for Exempted Companies.   We are an exempted company with limited liability (meaning our public
shareholders have no liability, as members of the company, for liabilities of the company over and above the amount paid for their shares)
under the Companies Act. The Companies Act distinguishes between ordinary resident companies and exempted companies. Any company that
is registered in the Cayman Islands but conducts business mainly outside of the Cayman Islands may apply to be registered as an exempted
company. The requirements for an exempted company are essentially the same as for an ordinary company except for the exemptions and privileges
listed below:

 

		•	annual reporting requirements are minimal and consist mainly of a statement that the company has conducted its operations mainly outside
of the Cayman Islands and has complied with the provisions of the Companies Act;

 

		•	an exempted company’s register of members is not open to inspection;

 

		•	an exempted company does not have to hold an annual general meeting;

 

		•	an exempted company may issue negotiable shares or shares with no par value;

 

		•	an exempted company may obtain an undertaking against the imposition of any future taxation (such undertakings are usually given for
20 years in the first instance);

 

		•	an exempted company may register by way of continuation in another jurisdiction and be deregistered in the Cayman Islands;

 

		•	an exempted company may register as a limited duration company; and an exempted company may register as a segregated portfolio company.

 

Amended and Restated Memorandum and Articles of Association

 

Our amended and restated memorandum and articles
of association contains provisions designed to provide certain rights and protections relating to the Initial Public Offering that will
apply to us until the completion of our initial business combination. These provisions cannot be amended without a special resolution.
As a matter of Cayman Islands law, a resolution is deemed to be a special resolution where it has been approved by either (i) the
affirmative vote of at least two-thirds (or any higher threshold specified in a company’s articles of association) of a company’s
shareholders entitled to vote and so voting at a general meeting for which notice specifying the intention to propose the resolution as
a special resolution has been given; or (ii) if so authorized by a company’s articles of association, by a unanimous written
resolution of all of the company’s shareholders. Our amended and restated memorandum and articles of association provides that special
resolutions must be approved either by at least two-thirds of our shareholders who attend and vote at a general meeting of the company
(i.e., the lowest threshold permissible under Cayman Islands law), or by a unanimous written resolution of all of our shareholders.

 

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Further, our amended and restated memorandum and
articles of association provides that a quorum at our general meetings will consist of one-third of the ordinary shares entitled to vote
at such meeting and present in person or by proxy; provided that a quorum in connection with any meeting that is convened to vote on a
business combination or any amendment to our amended and restated memorandum and articles of association (A) that would modify the
substance or timing of our obligation to provide holders of our Class A ordinary shares the right to have their shares redeemed in
connection with our initial business combination or to redeem 100% of our public shares if we do not complete our initial business combination
within 24 months from the Initial Public Offering, or 27 months from the Initial Public Offering if we have executed a letter
of intent, agreement in principle or definitive agreement for an initial business combination within 24 months from the Initial Public
Offering, or (B) with respect to any other provision relating to the rights of holders of our Class A ordinary shares or pre-initial
business combination activity shall be a majority of the ordinary shares entitled to vote at such meeting being individuals present in
person or by proxy or if a corporation or other non-natural person by its duly authorized representative or proxy.

 

Our initial shareholders and their permitted transferees,
if any, who collectively beneficially own approximately 20% of our ordinary shares upon the closing of the Initial Public Offering, will
participate in any vote to amend our amended and restated memorandum and articles of association and will have the discretion to vote
in any manner they choose. Specifically, our amended and restated memorandum and articles of association provides, among other things,
that:

 

		•	if we do not consummate an initial business combination within 24 months from the Initial Public Offering, or 27 months
from the Initial Public Offering if we have executed a letter of intent, agreement in principle or definitive agreement for an initial
business combination within 24 months from the Initial Public Offering, we will (i) cease all operations except for the purpose
of winding up; (ii) as promptly as reasonably possible but no more than ten business days thereafter, redeem the public shares, at
a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the
funds held in the trust account and not previously released to us to pay our income taxes, if any (less up to $100,000 of interest to
pay dissolution expenses), divided by the number of the then- outstanding public shares, which redemption will completely extinguish public
shareholders’ rights as shareholders (including the right to receive further liquidation distributions, if any); and (iii) as
promptly as reasonably possible following such redemption, subject to the approval of our remaining shareholders and our board of directors,
liquidate and dissolve, subject in the case of clauses (ii) and (iii) to our obligations under Cayman Islands law to provide
for claims of creditors and the requirements of other applicable law;

 

		•	prior to the completion of our initial business combination, we may not issue additional securities that would entitle the holders
thereof to (i) receive funds from the trust account or (ii) vote as a class with our public shares (a) on our initial business
combination or on any other proposal presented to shareholders prior to or in connection with the completion of an initial business combination
or (b) to approve an amendment to our amended and restated memorandum and articles of association to (x) extend the time we
have to consummate a business combination beyond 24 months from the Initial Public Offering, or 27 months from the Initial Public
Offering if we have executed a letter of intent, agreement in principle or definitive agreement for an initial business combination within
24 months from the Initial Public Offering, or (y) amend the foregoing provisions;

 

		•	although we do not intend to enter into a business combination with a partner business that is affiliated with our sponsor, our directors
or our executive officers, we are not prohibited from doing so. In the event we enter into such a transaction, we, or a committee of independent
directors, will obtain an opinion from an independent investment banking firm which is a member of FINRA or an independent valuation or
accounting firm that such a business combination or transaction is fair to our company from a financial point of view;

 

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		•	if a shareholder vote on our initial business combination is not required by applicable law or stock exchange rule and we do
not decide to hold a shareholder vote for business or other reasons, we will offer to redeem our public shares pursuant to Rule 13e-4
and Regulation 14E of the Exchange Act, and will file tender offer documents with the SEC prior to completing our initial business
combination which contain substantially the same financial and other information about our initial business combination and the redemption
rights as is required under Regulation 14A of the Exchange Act;

 

		•	our initial business combination must occur with one or more partner businesses that together have an aggregate fair market value
of at least 80% of the net assets held in the trust account (excluding the amount of deferred underwriting discounts held in trust and
taxes payable on the interest earned on the trust account) at the time of signing the agreement to enter into the initial business combination;

 

		•	if our shareholders approve an amendment to our amended and restated memorandum and articles of association (A) that would modify
the substance or timing of our obligation to provide holders of our Class A ordinary shares the right to have their shares redeemed
in connection with our initial business combination or to redeem 100% of our public shares if we do not complete our initial business
combination within 24 months from the Initial Public Offering, or 27 months from the Initial Public Offering if we have executed
a letter of intent, agreement in principle or definitive agreement for an initial business combination within 24 months from the
Initial Public Offering, or (B) with respect to any other provision relating to the rights of holders of our Class A ordinary
shares or pre-initial business combination activity, we will provide our public shareholders with the opportunity to redeem all or a portion
of their ordinary shares upon such approval at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the
trust account, including interest earned on the funds held in the trust account and not previously released to us to pay our income taxes,
if any, divided by the number of the then-outstanding public shares, subject to the limitations described herein; and

 

		•	we will not effectuate our initial business combination solely with another blank check company or a similar company with nominal
operations.

 

In addition, our amended and restated memorandum
and articles of association provides that under no circumstances will we redeem our public shares in an amount that would cause our net
tangible assets to be less than $5,000,001.

 

The Companies Act permits a company incorporated
in the Cayman Islands to amend its memorandum and articles of association with the approval of a special resolution. A company’s
articles of association may specify that the approval of a higher majority is required but, provided the approval of the required majority
is obtained, any Cayman Islands exempted company may amend its memorandum and articles of association regardless of whether its memorandum
and articles of association provides otherwise. Accordingly, although we could amend any of the provisions relating to our proposed offering,
structure and business plan which are contained in our amended and restated memorandum and articles of association, we view all of these
provisions as binding obligations to our shareholders and neither we, nor our officers or directors, will take any action to amend or
waive any of these provisions unless we provide dissenting public shareholders with the opportunity to redeem their public shares.

 

Anti-Money Laundering — Cayman Islands

 

In order to comply with legislation or regulations
aimed at the prevention of money laundering, we are required to adopt and maintain anti-money laundering procedures, and may require subscribers
to provide evidence to verify their identity and source of funds. Where permitted, and subject to certain conditions, we may also delegate
the maintenance of our anti-money laundering procedures (including the acquisition of due diligence information) to a suitable person.

 

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We reserve the right to request such information
as is necessary to verify the identity of a subscriber. In some cases the directors may be satisfied that no further information is required
since an exemption applies under the Anti- Money Laundering Regulations (2020 Revision) of the Cayman Islands, as amended and revised
from time to time (the “Regulations”). Depending on the circumstances of each application, a detailed verification of identity
might not be required where:

 

		(a)	the subscriber makes the payment for their investment from an account held in the subscriber’s name at a recognized financial
institution;

 

		(b)	the subscriber is regulated by a recognized regulatory authority and is based or incorporated in, or formed under the law of, a recognized
jurisdiction; or

 

		(c)	the application is made through an intermediary which is regulated by a recognized regulatory authority and is based in or incorporated
in, or formed under the law of a recognized jurisdiction and an assurance is provided in relation to the procedures undertaken on the
underlying investors.

 

For the purposes of these exceptions, recognition
of a financial institution, regulatory authority or jurisdiction will be determined in accordance with the Regulations by reference to
those jurisdictions recognized by the Cayman Islands Monetary Authority as having equivalent anti-money laundering regulations.

 

In the event of delay or failure on the part of
the subscriber in producing any information required for verification purposes, we may refuse to accept the application, in which case
any funds received will be returned without interest to the account from which they were originally debited.

 

We also reserve the right to refuse to make any
distribution payment to a shareholder if our directors or officers suspect or are advised that the payment of such distribution to such
shareholder might result in a breach of applicable anti-money laundering or other laws or regulations by any person in any relevant jurisdiction,
or if such refusal is considered necessary or appropriate to ensure our compliance with any such laws or regulations in any applicable
jurisdiction.

 

If any person resident in the Cayman Islands knows
or suspects, or has reasonable grounds for knowing or suspecting, that another person is engaged in criminal conduct or is involved with
terrorism or terrorist property and the information for that knowledge or suspicion came to their attention in the course of business
in the regulated sector or other trade, profession, business or employment, the person will be required to report such knowledge or suspicion
to (i) the Financial Reporting Authority of the Cayman Islands, pursuant to the Proceeds of Crime Law (2020 Revision) of the Cayman
Islands if the disclosure relates to criminal conduct or money laundering or (ii) a police officer of the rank of constable or higher,
or the Financial Reporting Authority, pursuant to the Terrorism Law (2018 Revision) of the Cayman Islands, if the disclosure relates to
involvement with terrorism or terrorist financing and property. Such a report will not be treated as a breach of confidence or of any
restriction upon the disclosure of information imposed by any enactment or otherwise.

 

Data Protection in the Cayman Islands — Privacy
Notice

 

We have certain duties under the Data Protection
Act, 2017 of the Cayman Islands (the “DPA”) based on internationally accepted principles of data privacy.

 

Introduction

 

This privacy notice puts our shareholders on notice
that through your investment in the company you will provide us with certain personal information which constitutes personal data within
the meaning of the DPA (“personal data”).

 

In the following discussion, the “company”
refers to us and our affiliates and/or delegates, except where the context requires otherwise.

 

Investor Data

 

We will collect, use, disclose, retain and secure
personal data to the extent reasonably required only and within the parameters that could be reasonably expected during the normal course
of business. We will only process, disclose, transfer or retain personal data to the extent legitimately required to conduct our activities
of on an ongoing basis or to comply with legal and regulatory obligations to which we are subject. We will only transfer personal data
in accordance with the requirements of the DPA, and will apply appropriate technical and organizational information security measures
designed to protect against unauthorized or unlawful processing of the personal data and against the accidental loss, destruction or damage
to the personal data.

 

In our use of this personal data, we will be characterized
as a “data controller” for the purposes of the DPA, while our affiliates and service providers who may receive this personal
data from us in the conduct of our activities may either act as our “data processors” for the purposes of the DPA or may process
personal information for their own lawful purposes in connection with services provided to us.

 

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We may also obtain personal data from other public
sources. Personal data includes, without limitation, the following information relating to a shareholder and/or any individuals connected
with a shareholder as an investor: name, residential address, email address, contact details, corporate contact information, signature,
nationality, place of birth, date of birth, tax identification, credit history, correspondence records, passport number, bank account
details, source of funds details and details relating to the shareholder’s investment activity.

 

Who this Affects

 

If you are a natural person, this will affect
you directly. If you are a corporate investor (including, for these purposes, legal arrangements such as trusts or exempted limited partnerships)
that provides us with personal data on individuals connected to you for any reason in relation your investment in the Company, this will
be relevant for those individuals and you should transmit the content of this Privacy Notice to such individuals or otherwise advise them
of its content.

 

How the Company May Use Your Personal Data

 

The company, as the data controller, may collect,
store and use personal data for lawful purposes, including, in particular:

 

		(i)	where this is necessary for the performance of our rights and obligations under any purchase agreements;

 

		(ii)	where this is necessary for compliance with a legal and regulatory obligation to which we are subject (such as compliance with anti-money
laundering and FATCA/CRS requirements); and/or

 

		(iii)	where this is necessary for the purposes of our legitimate interests and such interests are not overridden by your interests, fundamental
rights or freedoms.

 

Should we wish to use personal data for other
specific purposes (including, if applicable, any purpose that requires your consent), we will contact you.

 

Why We May Transfer Your Personal Data

 

In certain circumstances, we may be legally obliged
to share personal data and other information with respect to your shareholding with the relevant regulatory authorities such as the Cayman
Islands Monetary Authority or the Tax Information Authority. They, in turn, may exchange this information with foreign authorities, including
tax authorities.

 

We anticipate disclosing personal data to persons
who provide services to us and their respective affiliates (which may include certain entities located outside the US, the Cayman Islands
or the European Economic Area), who will process your personal data on our behalf.

 

The Data Protection Measures We Take

 

Any transfer of personal data by us or our duly
authorized affiliates and/or delegates outside of the Cayman Islands shall be in accordance with the requirements of the DPA.

 

We and our duly authorized affiliates and/or delegates
shall apply appropriate technical and organizational information security measures designed to protect against unauthorized or unlawful
processing of personal data, and against accidental loss or destruction of, or damage to, personal data.

 

We shall notify you of any personal data breach
that is reasonably likely to result in a risk to your interests, fundamental rights or freedoms or those data subjects to whom the relevant
personal data relates.

 

If you consider that your personal data has not
been handled correctly, or you are not satisfied with the company’s responses to any requests you have made regarding the use of
your personal data, you have the right to complain to the Cayman Islands’ Ombudsman. The Ombudsman can be contacted by calling +1
(345) 946-6283 or by email at info@ombudsman.ky.

 

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Certain Anti-Takeover Provisions of our Amended and Restated Memorandum
and Articles of Association

 

Our amended and restated memorandum and articles
of association provides that our board of directors is classified into three classes of directors. As a result, in most circumstances,
a person can gain control of our board only by successfully engaging in a proxy contest at two or more annual general stock meetings.

 

Our authorized but unissued Class A ordinary
shares and preference shares are available for future issuances without shareholder approval and could be utilized for a variety of corporate
purposes, including future offerings to raise additional capital, acquisitions and employee benefit plans. The existence of authorized
but unissued and unreserved Class A ordinary shares and preference shares could render more difficult or discourage an attempt to
obtain control of us by means of a proxy contest, tender offer, merger or otherwise.

 

Securities Eligible for Future Sale

 

Immediately after the Initial Public Offering
we had 57,500,000 Class A ordinary shares issued and outstanding on an as-converted basis. Of these shares, the Class A ordinary
shares sold in the Initial Public Offering will be freely tradable without restriction or further registration under the Securities Act,
except for any Class A ordinary shares purchased by one of our affiliates within the meaning of Rule 144 under the Securities
Act. All of the outstanding founder shares (14,375,000 founder shares) and all of the outstanding private placement warrants (5,180,000
private placement warrants) are are restricted securities under Rule 144, in that they were issued in private transactions not involving
a public offering.

 

Rule 144

 

Pursuant to Rule 144, a person who has beneficially
owned restricted shares or warrants for at least six months would be entitled to sell their securities provided that (i) such
person is not deemed to have been one of our affiliates at the time of, or at any time during the three months preceding, a sale
and (ii) we are subject to the Exchange Act periodic reporting requirements for at least three months before the sale and have
filed all required reports under Section 13 or 15(d) of the Exchange Act during the 12 months (or such shorter period as
we were required to file reports) preceding the sale.

 

Persons who have beneficially owned restricted
shares or warrants for at least six months but who are our affiliates at the time of, or at any time during the three months
preceding, a sale, would be subject to additional restrictions, by which such person would be entitled to sell within any three-month
period only a number of securities that does not exceed the greater of:

 

		•	1% of the total number of ordinary shares then outstanding, which equals 718,750 shares immediately after the Initial Public Offering;
and

 

		•	the average weekly reported trading volume of the Class A ordinary shares during the four calendar weeks preceding the filing
of a notice on Form 144 with respect to the sale.

 

Sales by our affiliates under Rule 144 are
also limited by manner of sale provisions and notice requirements and to the availability of current public information about us.

 

Restrictions on the Use of Rule 144 by Shell Companies or
Former Shell Companies

 

Rule 144 is not available for the resale
of securities initially issued by shell companies (other than business combination related shell companies) or issuers that have been
at any time previously a shell company. However, Rule 144 also includes an important exception to this prohibition if the following
conditions are met:

 

		•	the issuer of the securities that was formerly a shell company has ceased to be a shell company;

 

		•	the issuer of the securities is subject to the reporting requirements of Section 13 or 15(d) of the Exchange Act;

 

		•	the issuer of the securities has filed all Exchange Act reports and material required to be filed, as applicable, during the preceding
12 months (or such shorter period that the issuer was required to file such reports and materials), other than Form 8-K reports;
and

 

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		•	at least one year has elapsed from the time that the issuer filed current Form 10 type information with the SEC reflecting its
status as an entity that is not a shell company.

 

As a result, our initial shareholders will be
able to sell their founder shares and our sponsor will be able to sell its private placement warrants, and the securities underlying the
foregoing, pursuant to Rule 144 without registration one year after we have completed our initial business combination.

 

Registration and Shareholder Rights

 

The holders of the founder shares, private placement
warrants, Class A ordinary shares underlying the private placement warrants and warrants that may be issued upon conversion of working
capital loans (and any Class A ordinary shares issuable upon the exercise of the private placement warrants and warrants that may
be issued upon conversion of working capital loans) will be entitled to registration rights pursuant to a registration and shareholder
rights agreement that the holders signed at the closing of our Initial Public Offering. The holders of these securities are entitled to
make up to three demands, excluding short form demands, that we register such securities. In addition, the holders have certain “piggy-
back” registration rights with respect to registration statements filed subsequent to our completion of our initial business combination.
However, the registration and shareholder rights agreement provides that we will not permit any registration statement filed under the
Securities Act to become effective until termination of the applicable lock-up period, which occurs (i) in the case of the founder
shares, as described in the following paragraph, and (ii) in the case of the private placement warrants and the respective Class A
ordinary shares underlying such warrants, 30 days after the completion of our initial business combination. We will bear the expenses
incurred in connection with the filing of any such registration statements.

 

Except as described herein, our sponsor and our
directors and executive officers have agreed not to transfer, assign or sell (i) any of their founder shares until the earliest of
(A) one year after the completion of our initial business combination and (B) subsequent to our initial business combination,
(x) if the closing price of our Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share 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, or (y) the date on which we complete a liquidation, merger, share
exchange, reorganization or other similar transaction that results in all of our public shareholders having the right to exchange their
ordinary shares for cash, securities or other property, and (ii) any of their private placement warrants and Class A ordinary
shares issued upon conversion or exercise thereof until 30 days after the completion of our initial business combination. Any permitted
transferees will be subject to the same restrictions and other agreements of our sponsor and directors and executive officers with respect
to any founder shares, private placement warrants and Class A ordinary shares issued upon conversion or exercise thereof. We refer
to such transfer restrictions throughout this Annual Report on Form 10-K as the lock-up.

 

In addition, pursuant to the registration and
shareholder rights agreement, our sponsor, upon and following consummation of an initial business combination, will be entitled to nominate
three individuals for appointment to our board of directors, as long as the sponsor holds any securities covered by the registration and
shareholder rights agreement.

 

Listing of Securities

 

Our units, Class A ordinary shares and warrants
are listed on NYSE under the symbols “VYGG.U,” “VYGG” and “VYGG.W,” respectively. The units will
automatically separate into their component parts and will not be traded following the completion of our initial business combination.

 

    22Exhibit 10.1

 

 

 

 

ASSET PURCHASE AGREEMENT

 

BY AND BETWEEN

 

ALTAIR INTERNATIONAL CORP.

 

AND 

 

CRYPTOSOLAR LTD

 

 

 

 

 

Dated as of March 19, 2021

 

     

     

    

 

ASSET PURCHASE AGREEMENT

 

THIS ASSET PURCHASE AGREEMENT
(this “Agreement”), dated as of the 19th day of March, 2021, is made and entered into by and between Altair
International Corp., a Nevada corporation under company number NV201217590013773 with its registered office at Howard Hughes Pkwy, Suite
500S, Las Vegas, NV 89169 - 6014 (“Purchaser”), and CryptoSolar LTD, a company organized under the laws of the United Kingdom
under company number 11254049 with its registered office situate at 20 Clarks Mead, Bushey, Hertforshire WD23 4JZ (“Seller”).
Purchaser and Seller are individually referred to herein as a “Party” and collectively as the “Parties”.

 

Recitals:

 

A.               
Seller has energy storage technology for a variety of industries, including electric vehicles, to
be used in place of traditional batteries that rely upon chemical reactions rather than an electric field for higher energy output and
a longer life than traditional batteries (the “Business”).

 

B.               
The Parties desire to enter into this Agreement pursuant to which Seller shall sell to Purchaser,
and Purchaser shall purchase from Seller, substantially all of the assets of Seller relating to the Business, as more fully set forth
below (the “Transaction”).

 

C.               
Purchaser intends to place the assets it purchases from Seller into a wholly-owned subsidiary, EVL
Lithium Solutions, Inc. (“EVL”).

 

D.               
The Parties desire to make certain representations, warranties and agreements in connection with
the Transaction.

 

NOW, THEREFORE, in consideration
of the foregoing and the respective representations, warranties, covenants, agreements and conditions hereinafter set forth, and intending
to be legally bound hereby, the Parties agree as follows:

 

article
1

DEFINITIONS

 

1.1 
Definitions. The following terms, as used herein, have the
following meanings:

 

“Accounting Principles”
means historical accounting principles used by Seller applied on a consistent basis of accounting.

 

“Accounts
Receivable” means trade receivables of Seller, and any security, claims, remedies or other rights related thereto.

 

“Affiliate”
means, with respect to any Person, any other Person directly or indirectly controlling, controlled by, or under common control with such
other Person. For purposes of this definition, “control,” when used with respect to any specified Person, means the power
to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract
or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

 

     

     

    

  

“Assumed Contracts”
means the Contracts set forth on Schedule 2.2(i) that are identified as being assumed by Purchaser.

 

“Business Day”
means any day except Saturday, Sunday or any day on which banks are generally not open for business in the State of Nevada.

 

“Code”
means the Internal Revenue Code of 1986, as amended.

 

“Company Employee
Benefit Plan” means each plan, fund, program, agreement or arrangement (a) with respect to which Seller has any liability, whether
actual or contingent, direct or indirect and (b) which provide employee benefits or for the remuneration, direct or indirect, of employees,
former employees, directors, officers, consultants, independent contractors, contingent workers or leased employees of Seller or any Person
that together with Seller would be a single employer within the meaning of Section 414 of the Code (whether written or oral), including
each “welfare” plan (within the meaning of Section 3(1) of ERISA) and each “pension” plan (within the meaning
of Section 3(2) of ERISA) or under U.K Law, as applicable.

 

“Contract”
means any written or oral contract, loan or credit agreement, note, bond, mortgage, indenture, lease, sublease, purchase order or other
agreement, instrument, concession or license.

 

“Customer Information”
means all non-public records, books, reports, data and other information concerning customers.

 

“Effective Date”
means the date on which the Purchase and Seller have fully executed this Agreement and a fully signed copy of this Agreement has been
duly delivered to each party.

 

“Environmental Laws”
means any Law, whether now or hereafter in effect, relating to the environment, human health and safety or to pollutants, contaminants,
wastes or chemicals or any toxic, radioactive, ignitable, corrosive, reactive or otherwise hazardous substances, wastes or materials.

 

“Environmental Liabilities”
means any and all liabilities arising in connection with or in any way relating to Seller any property leased or operated by Seller, the
Business, the Purchased Assets or any activities or operations occurring or conducted at the offices of the Seller (including offsite
disposal), whether accrued, contingent, absolute, determined, determinable or otherwise, which (a) arise under or relate to any Environmental
Law and (b) relate to actions occurring or conditions existing on or prior to the Closing Date.

 

“Environmental Permits”
mean all permits, licenses, franchises, certificates, approvals and other similar authorizations of Governmental Entities relating to
or required by Environmental Laws and affecting, or relating in any way to, the Business or Seller.

 

“Equipment”
means all equipment, machinery, computers, office equipment, furniture, fixtures, samples, marketing materials, tools, supplies, telephones,
and all other tangible personal property used in the operation of or relating to the Business.

 

“ERISA”
means the Employee Retirement Income Security Act of 1974, as amended.

 

    	 	-2-	 

     

    

 

“Governmental Entity”
means any federal, state or local or foreign government, including the U.K. Government, or any court, administrative or regulatory agency
or commission or other governmental authority or agency, domestic or foreign, including in the U.K.

 

“Hazardous Materials”
mean any waste, pollutant, contaminant, hazardous substance, toxic, ignitable, reactive or corrosive substance, hazardous waste, special
waste, industrial substance, by-product, process intermediate product or waste, petroleum or petroleum-derived substance or waste, chemical
liquids or solids, liquid or gaseous products or any constituent of any such substance or waste, the use, handling or disposal of which
by Seller is in any way governed by or subject to any applicable Environmental Law.

 

“Indebtedness”
means the aggregate amount (including the current portions thereof), without duplication, of all (a) indebtedness for money borrowed from
others and purchase money indebtedness; (b) indebtedness of the type described in clause (a) above guaranteed in any manner by Seller
or in effect guaranteed, directly or indirectly, in any manner by Seller through an agreement, contingent or otherwise, to supply funds
to, or in any other manner invest in, the debtor, or to purchase indebtedness, or to purchase and pay for property if not delivered or
pay for services if not performed, primarily or exclusively, for the purpose of enabling the debtor to make payment of the indebtedness
or to insure the owners of the indebtedness against loss (any such arrangement being hereinafter referred to as a “Guaranty”),
but excluding endorsements of checks and other instruments in the ordinary course; (c) all indebtedness of the type described in clauses
(a) and (b) above secured by any Lien upon property owned by Seller or used by the Business, even though Seller has not in any manner
become liable for the payment of such indebtedness; (d) interest expense accrued but unpaid, and all prepayment premiums and penalties,
fees and charges on, or relating to, any of such indebtedness; (e) cash overdrafts and advances on lines of credit of Seller and (f) obligations
of Seller to pay rent or other amounts under any lease of (or other arrangement covering the right to use) real or personal property,
whether an operating lease or whether a capital lease which is required to be classified and accounted for as capital leases on the balance
sheet of Seller as of such date.

 

“Intellectual
Property” means all intangible assets, property and rights used in or relating to the Business, solely to the extend owned
by Seller, including without limitation: (i) all registered and unregistered trademarks, service marks, trade names, brand names, logos,
trade dress, design rights and other similar designations of source, sponsorship, or origin, and all registrations, applications
and renewals for, any of the foregoing; (ii) all works of authorship, expressions, designs and design
registrations, whether or not copyrightable, including copyrights, author, performer, moral and neighboring rights, and all registrations,
applications for registration and renewals of such copyrights; (iii) registered and unregistered patents
(including all reissues, divisionals, provisionals, continuations and continuations-in-part, re-examinations, renewals, substitutions
and extensions thereof), patent applications, and other patent rights and any other Governmental Authority-issued indicia of invention
ownership (including inventor’s certificates, petty patents and patent utility models); (iv) all
internet domain names, whether or not trademarks, registered in any top-level domain by any authorized private registrar or Governmental
Authority, and any reservations or registrations therefor, and all content thereon, including without limitation, http://altairinternationacorp.com,
web pages, websites and related content, accounts with Twitter, Facebook and other social media companies and the content found
thereon and related thereto, and URLs; (v) all trade secrets and proprietary information or material of
any type not otherwise listed above, including, without limitation, technical data, customer lists, sales data, purchase data, corporate
and business names, trade names, know-how, formulae, methods (whether or not patentable), designs, processes, procedures, technology,
software programs, databases, data collections and all derivatives, improvements and refinements thereof, howsoever recorded or unrecorded;
(vi) all inventions, discoveries, trade secrets, business and technical information and know-how, databases, data collections
and other confidential and proprietary information and all rights therein; (vii) software and firmware, including data files, source
code, object code, application programming interfaces, architecture, files, records, schematics, computerized databases and other related
specifications and documentation; (h) royalties, fees, income, payments and other proceeds now or hereafter due or payable with respect
to any and all of the foregoing; (viii) all rights to any Actions of any nature available to or being pursued by Seller to the extent
related to the foregoing, whether accruing before, on or after the date hereof, including all rights to and claims for damages, restitution
and injunctive relief for infringement, dilution, misappropriation, violation, misuse, breach or default, with the right but no obligation
to sue for such legal and equitable relief, and to collect, or otherwise recover, any such damages; (ix) all other rights, interests
and protections that are associated with, similar to, or required for the exercise of, any of the foregoing, however arising;
(x) all good will associated with any of the foregoing; and (xi) licenses, sublicenses, consent to use agreements, settlements,
coexistence agreements, covenants not to sue, permissions and other Contracts (including any right to receive or any other consideration),
whether written or oral, relating to any of the foregoing.

 

    	 	-3-	 

     

    

 

“Inventory”
means all new saleable inventory and all certified saleable inventory of the Business, including all finished goods, raw materials,
work in progress, and parts in connection therewith.

 

“Law” means
any federal, state, local or foreign law (both common and statutory law and civil and criminal law), including U.K. law, treaty, convention,
rule, directive, legislation, ordinance, regulatory code or similar provision having the force of law or an Order of any Governmental
Entity or any self-regulatory organization.

 

“Leased Real Property”
means, collectively, each parcel of real property leased by Seller and used in or necessary for the conduct of the Business as currently
conducted (together with all rights, title and interest of Seller in and to leasehold improvements relating thereto, including, but not
limited to, security deposits, reserves or prepaid rents paid in connection therewith.

 

“Liability”
means any actual or potential liability or obligation, whether known or unknown, asserted or unasserted, absolute or contingent, accrued
or unaccrued, liquidated or unliquidated and whether due or to become due, regardless of when asserted.

 

“Lien”
means, with respect to any property or asset, any mortgage, lien (statutory or otherwise), pledge, charge, security interest, encumbrance,
option, right of first refusal or other adverse claim of any kind in respect of such property or asset, including any restriction on use,
transfer, receipt of income, or other exercise of any other attribute of ownership. For the purposes of this Agreement and without limiting
the foregoing, a Person shall be deemed to own subject to a Lien any property or asset which it has acquired or holds subject to the interest
of a vendor or lessor under any conditional sale agreement, capital lease or other title retention agreement relating to such property
or asset.

 

“Material Adverse
Effect” means (a) a change to earnings before interest, taxes, depreciation, and amortization in excess of Fifty Thousand Dollars
($50,000.00) on an annualized basis, or (b) any other material adverse effect on the condition (financial or otherwise), properties, assets,
liabilities, businesses, and results of operations of Seller.

 

    	 	-4-	 

     

    

 

“Orders”
means judgments, writs, decrees, compliance agreements, injunctions or judicial or administrative orders and legally binding determinations
of any Governmental Entity or arbitrator.

 

“Permits”
means all permits, licenses, authorizations, filings or registrations, franchises, approvals, certificates, qualifications, exemptions,
variances and similar rights obtained, or required to be obtained, from Governmental Entities.

 

“Person”
means an individual, corporation, partnership, limited liability company, association, trust or other entity or organization, including
a government or political subdivision or an agency or instrumentality thereof.

 

“Proceedings”
means actions, suits, claims, reviews and investigations and legal, administrative or arbitration proceedings.

 

“Taxes”
means all taxes, assessments, charges, duties, fees, levies or other governmental charges (including interest, penalties or additions
associated therewith), including all federal, state, local and other income, franchise, capital stock, real property, personal property,
tangible, withholding, employment, payroll, social security, social contribution, unemployment compensation, charges, duties, fees, levies
or other governmental charges of any kind whatsoever (whether payable directly or by withholding and whether or not requiring the filing
of a Tax Return) imposed by any Governmental Entity, whether disputed or not, and together with all estimated taxes, deficiency assessments,
additions to tax, interest and penalties imposed by any Governmental Entity.

 

“Tax Return”
shall mean any report, return, declaration or other information required to be supplied to a Governmental Entity in connection with Taxes,
including estimated returns and reports of every kind with respect to Taxes.

 

“Websites”
means all series of interconnected pages on the World Wide Web, documents, files, content, written materials, web-based social media accounts
(including Facebook, Twitter, LinkedIn, and blogs), graphics and designs, formatted using HTML code or another web-based code, located
at, or otherwise intended to be accessible by Internet users with web browsers and all content, information and other materials associated
therewith, including (i) any computer software, script, programming code, formatting code, data, methodologies and processes used in the
operation thereof or otherwise related thereto; (ii) all versions, works in process, updates, fixes, enhancements, and releases thereof;
and (iii) all mirror sites associated with the foregoing.

 

    	 	-5-	 

     

    

 

 

ARTICLE TWO

 

PURCHASE AND SALE 

 

2.1       Agreement
to Purchase and Sell. Subject to the terms and conditions of this Agreement, at the Closing Seller shall
grant, sell, assign, transfer and deliver to Purchaser, and Purchaser shall purchase and acquire from Seller, all of Seller’s right,
title and interest in, to and under all of the assets, properties, and rights of Seller of
every kind and nature, whether real, personal or mixed, tangible or intangible (including goodwill), wherever located and whether now
existing or hereafter acquired on or before the Closing Date (other than Excluded Assets), that relate
to, or are used or held for use in connection with, the Business, including, without limitation, those assets,
properties, and rights set forth in Section 2.2 hereof, free and clear of all security interests, Liens, encumbrances and third
party claims (which assets are collectively referred to in this Agreement as the “Purchased Assets”). 

 

2.2       Purchased
Assets. Except as otherwise expressly set forth in Section 2.3, the Purchased Assets shall include
the following assets, properties and rights of Seller as of the close of business on the Closing Date:

 

(a)               
all Equipment;

 

(b)              
all Inventory;

 

(c)               
all supplies and packaging used in the operation of the Seller’s Business;

 

(d)              
all Accounts Receivable, including all Accounts Receivable listed on Schedule 2.2(d);

 

(e)               
all Intellectual Property,

 

(f)                
all state, federal and local Permits and licenses used by Seller to own and operate the Business for the ownership and use of the
Purchased Assets, to the extent assignable to Purchaser, including those listed on Schedule 2.2(f);

 

(g)              
prepaid expenses, credits, advance payments, claims, security, refunds, rights of recovery, rights of set off, rights of recoupment,
and deposits, including those listed on Schedule 2.2(g);

 

(h)              
 all telephone numbers which are used in the Business and listed on Schedule 2.2(h);

 

(i)                
all rights of Seller under the Assumed Contracts listed on Schedule 2.2(i);

 

(j)                
all Leased Real Property;

 

(k)              
all rights under warranties, indemnities and all similar rights against third parties to the extent related to any Purchased
Assets;

 

    	 	-6-	 

     

    

 

(l)                
all insurance benefits, including rights and proceeds, arising from or relating to the Business, the Purchased Assets or
the Assumed Liabilities;

 

(m)            
originals, or where not available, copies, of all books and records, including, but not limited to, books of account, ledgers
and general, financial and accounting records, machinery and equipment maintenance files, customer lists, customer purchasing histories,
price lists, distribution lists, supplier lists, production data, quality control records and procedures, customer complaints and inquiry
files, research and development files, records and data (including all correspondence with any Governmental Authority), sales material
and records (including pricing history, total sales, terms and conditions of sale, sales and pricing policies and practices), strategic
plans, internal Financial Statement, marketing and promotional surveys, material and research and files relating to the Intellectual Property
Assets and the Intellectual Property Agreements (”Books and Records”); and

 

(n)              
all goodwill and going concern value of the Business.

 

2.3       Excluded
Assets. Notwithstanding anything to the contrary set forth in this Agreement, the Purchased Assets shall
not include the following assets, properties and rights of Seller (collectively, the “Excluded Assets”):

 

		(a)	the corporate entity;

 

		(b)	all state, federal and local Permits and licenses used by Seller to operate the Business to the extent
they are not assignable to Purchaser;

 

 

 

(c)       
all rights of Seller under Contracts other than the Assumed Contracts;

 

(d)       the
charter documents, minute books, stock ledgers, Tax Returns, books of account and other constituent records relating to the corporate
organization of Seller;

 

(e)       Seller’s
records and financial records to the extent not otherwise delivered pursuant to this Agreement; and

 

(f)       all
other legal documents belonging to Seller and not otherwise required to be delivered to Purchaser pursuant to the terms of this Agreement.

 

2.4       Assumed
Liabilities.

 

(a)       Effective
as of the close of business on the Closing Date, Purchaser shall assume and agree to pay, discharge or perform the liabilities of Seller
with respect to all obligations relating to the period on and after the Closing Date with respect to the Purchased Assets. (the “Assumed
Liabilities”).

 

(b)       Except
for the Assumed Liabilities, Purchaser shall not assume and shall not be responsible to pay, perform or discharge any of the Liabilities
of Seller or any of its Affiliates of any kind or nature whatsoever.

 

    	 	-7-	 

     

    

 

2.5       Purchase
Consideration. Purchaser shall issue the following shares of its common stock to Seller: (i) 2,500,000 shares upon the Closing; (ii)
200,000 shares for the successful development of the scaled-up EV battery prototype and demonstration of its operational effectiveness;
(iii) 200,000 shares upon the completion of the EV battery patent filing; and (iv) 500,000 shares upon the successful completion of a
small manufacturing facility for the EV battery.

 

2.6       Net
Profits Interest. Seller shall receive a 20% net profits interest in all products sold by Purchaser incorporating or based upon the
Purchased Assets (“EVL Products”). Net profits shall mean gross revenue from the sale of EVL products less EVL’s
operating expenses, interest paid, depreciation and taxes.

 

 

 

2.7       Closing.
The closing (the “Closing”) of the Transaction shall take place on or before
March 25, 2021 (the date of Closing shall be referred to as the “Closing Date”). The Parties agree that the delivery
of executed documents at Closing may be made by facsimile or other electronic media signature. 

 

ARTICLE 3

CONDITIONS PRECEDENT TO CLOSING

 

3.1       Conditions
to Purchaser’s Obligation. The obligation of Purchaser to effect the Closing of the transactions
contemplated by this Agreement is subject to the satisfaction of the following conditions as of the Closing:

 

(a)       The
representations and warranties made by Seller in this Agreement and in any certificate delivered by Seller pursuant hereto, that are qualified
by or subject to Material Adverse Effect or materiality qualifications, shall be true and correct in all respects., and the representations
and warranties made by Seller in this Agreement and in any certificate delivered by Seller pursuant hereto that are not qualified by or
subject to Material Adverse Effect or materiality qualifications shall be true and correct in all material respects, in each case at and
as of the Closing as though then made and as though the Closing Date was substituted for the date of this Agreement throughout such representations
and warranties.

 

(b) Seller shall have performed
in all material respects all of the covenants and agreements required to be performed by it under this Agreement on or prior to the Closing
Date.

 

Any conditions specified in this Section 3.1
may be waived only in a writing executed and delivered by Purchaser to Seller specifying the condition being waived.

 

3.2       Conditions
to Seller’s Obligations. The obligation of Seller to effect the Closing of the transactions contemplated
by this Agreement is subject to the satisfaction of the following conditions as of the Closing:

 

(a)       The
representations and warranties made by Purchaser in this Agreement and in any certificate delivered by Purchaser pursuant hereto shall
be true and correct in all material respects at and as of the Closing as though then made and as though the Closing Date was substituted
for the date of this Agreement throughout such representations and warranties.

 

    	 	-8-	 

     

    

 

(b)       Purchaser
shall have performed in all material respects all the covenants and agreements required to be performed by it under this Agreement on
or prior to the Closing Date.

 

(c)       Except
for any pending or threatened suit, action or other Proceedings directly or indirectly initiated by Seller or Purchaser, no suit, action
or other Proceedings shall be pending or threatened before any court or governmental or regulatory official, body or authority or any
arbitrator that could reasonably be expected to (i) prevent the performance of this Agreement or the consummation of any of the transactions
contemplated hereby or declare unlawful any of the transactions contemplated hereby or (ii) cause any of the transactions contemplated
by this Agreement to be rescinded following the Closing, and no such injunction, judgment, order, decree, ruling or charge shall be in
effect.

 

(d)       Seller
shall have received the duly endorsed Series A Preferred Certificate and all of the documents and other instruments that are required
to be delivered at the Closing by Purchaser pursuant to this Agreement.

 

Any conditions specified in this Section 3.2 may be waived only
in a writing executed and delivered by Seller to Purchaser specifying the condition being waived.

 

ARTICLE 4

CLOSING COVENANTS

 

4.1       Deliveries
by Seller. At the Closing, Seller shall deliver, or cause to be delivered, the following items to Purchaser,
each in form and substance reasonably satisfactory to Purchaser and Purchaser’s counsel:

 

(a)       all
written consents, to the extent required, for the assignment to Purchaser of the Assumed Contracts;

 

(b)       executed
bills of sale, instruments of assignment, certificates of title and other conveyance documents, dated the Closing Date, transferring to
Purchaser all of Seller’s rights, titles and interests in and to the Purchased Assets, together with possession of the Purchased
Assets;

 

(c)       certificate
executed by Seller certifying to Purchaser that the representations and warranties made by Seller herein shall are being remade again
and as of the time of Closing are true and correct in all material respects as of the time of Closing;

 

(d)       all
other documents required to be entered into by Seller pursuant to this Agreement or reasonably requested by Purchaser to convey the Purchased
Assets to Purchaser or to otherwise consummate the transactions contemplated by this Agreement.

 

ARTICLE
5

REPRESENTATIONS AND WARRANTIES OF SELLER

 

In order to induce Purchaser
to enter into this Agreement, Seller hereby represents and warrants to Purchase that the statements in this Article 5 are
true and correct except to the extent that any statement in this Article 5 is qualified or limited by an exception in a Schedule:

 

    	 	-9-	 

     

    

 

5.1       Organization.
Seller is a corporation duly formed, validly existing, and in good standing under the laws of the United Kingdom and has all requisite
power and authority to own, lease and operate its assets and to carry on the Business. 

 

5.2       Authorization.
Seller has full power and authority to execute and deliver this Agreement and any other certificate,
agreement, document or instrument to be executed and delivered by it in connection with the transactions contemplated by this Agreement
(collectively, the “Seller Ancillary Documents”) and to perform its obligations under this Agreement and Seller Ancillary
Documents and to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Seller
Ancillary Documents by Seller and/or the performance by Seller of its obligations hereunder and thereunder and the consummation of the
transactions provided herein and therein have been duly and validly authorized by all necessary board of directors and shareholder action
on the part of Seller. The shareholders of Seller have approved the execution, delivery and performance of this Agreement and the Seller
Ancillary Documents and the consummation of the transactions contemplated by this Agreement and by the Seller Ancillary Documents. This
Agreement and the Seller Ancillary Documents have been duly executed and delivered by Seller and constitute the valid and binding agreements
of Seller, enforceable against Seller in accordance with their respective terms.

 

5.3       Absence
of Restrictions and Conflicts. The execution, delivery and performance of this Agreement and the Seller
Ancillary Documents, the consummation of the transactions contemplated by this Agreement and the Seller Ancillary Documents and the fulfillment
of and compliance with the terms and conditions of this Agreement and the Seller Ancillary Documents do not or shall not, as the case
may be, with the passing of time or the giving of notice or both, violate or conflict with, constitute a breach of or default under, result
in the loss of any benefit under, permit the acceleration of any obligation under or create in any Person the right to terminate, modify
or cancel, or otherwise require any action, consent, approval, order, authorization, registration, declaration or filing with respect
to, (a) any term or provision of the charter documents of Seller, (b) except as indicated on any schedule any Assumed Contract or any
other Contract applicable to Seller or the Business, (c) any judgment, decree or order of any court or Governmental Entity or agency to
which Seller is a party or by which the Business or any of the Purchased Assets are bound or (d) any Permit, Law or arbitration award
of any Governmental Entity applicable to Seller or the Business. To the knowledge of Seller there are no facts or circumstances that might
delay, impede or prevent any Person in obtaining any approval, consent, license and authorization contemplated by this Agreement.

 

5.4       Title
to Purchased Assets; Related Matters. The Purchased Assets constitute all the assets utilized by Seller
to conduct the operations of the Business in accordance with Seller’s past practices. Seller has (and is conveying to Purchaser)
good and marketable title to the Purchased Assets, free and clear of all Liens. No Person other than Seller owns the Purchased Assets
and any personal property leases are in force and disclosed to Purchaser on Schedule 5.4. Since December 31, 2020 (the “Latest
Balance Sheet Date”), Seller has not sold, transferred or disposed of any assets other than Inventory sold in the ordinary course
of business. Schedule 5.4 sets forth a true, correct and complete list and general description of each item of tangible personal
property of Seller. 

 

5.5       Books
and Records. The books of account, minute books, stock record books, and other records of Seller, all
of which have been made available to Purchaser, are complete and correct in all material respects and have been maintained in accordance
with sound business practices. 

 

    	 	-10-	 

     

    

 

5.6       Financial
Statement. Schedule 5.6 contains complete copies of the unaudited balance sheet of Seller as
of the fiscal year ended December 31, 2020 and the related notes thereto (collectively, the “Financial Statement”).
The Financial Statement (a) presents fairly, in all material respects, the financial condition and results of operations of Seller, as
of the dates thereof or for the periods covered thereby, (b) are in conformity with historical Accounting Principles and (c) are based
on the books and records of Seller which have been kept and are consistent with past practice. Since the Latest Balance Sheet Date, there
has been no change in any of the accounting (and Tax accounting) policies, practices or procedures of Seller.

 

5.7       No
Undisclosed Liabilities. Seller does not have any Liabilities which are not adequately reflected or
provided for in the Financial Statement, except Liabilities that are not (singly or in the aggregate) material to Seller and have been
incurred since the Latest Balance Sheet Date in the ordinary course of business and are reflected on the Seller’s balance sheet.

 

5.8       Absence
of Certain Changes. Since December 31, 2020, no event or series of events has occurred that could have
a Material Adverse Effect on Seller. Without limiting the generality of the foregoing, since December 31, 2020, there has not been: (a)
any sale, transfer, license, pledge, mortgage or disposal of any tangible or intangible assets of Seller other than Inventory sold in
the ordinary course of business and consistent with past practices; (b) any damage, destruction, loss or casualty to property or assets
of the Business, whether or not covered by insurance; (c) any settlement of any Proceeding against Seller, the Business or the Purchased
Assets for an amount (paid or payable by Seller) in excess of $10,000; (d) any change in any of the accounting (and Tax accounting) policies,
practices or procedures of Seller; (e) any transfer or grant of any license under any principal patent, registered trademark, trade name,
copyright (including any pending application therefor), service mark, trade secret, license or other material intellectual property right
owned or used by Seller in the Business; (f) any grant of any general increase in the compensation of Seller’s employees, other
than customary adjustments in compensation consistent with past practice, made or granted any material increase in the compensation of
any of its employees outside the ordinary course of business, or entry into any employment, sale bonus, stay bonus or severance contract
with any officer or employee of Seller; (g) any loss, damage, or destruction to Seller's property or assets in an aggregate amount (based
upon the cost of repair or replacement) exceeding $20,000; or (h) any Contract for Seller to take any of the actions specified in this
Section 5.8.

 

5.9       Legal
Proceedings. There are no Proceedings pending or to the best of Seller’s knowledge, threatened
against, relating to or involving the Business, the Purchased Assets or the Assumed Liabilities. There are no Proceedings that (a) resulted
in any criminal sanctions or (b) within the last five years, resulted in any payments, in each case by or against Seller, or any of its
officers, directors or shareholders in their capacity as officers, directors or shareholders (whether as a result of a judgment, civil
fine, settlement or otherwise).

 

5.10       Compliance
with Laws. To the best of Seller’s knowledge, Seller is in compliance with all applicable Laws
and Orders applicable to Seller, the Purchased Assets or the Business. With respect to the Business, the Purchased Assets or the Assumed
Liabilities, (a) Seller has not been charged and, to Seller’s knowledge, is not now under investigation with respect to any actual
or alleged violation of any applicable Law or Order, (b) Seller is not a party to or bound by any Order of any Governmental Entity and
(c) Seller has filed all reports required to be filed with any Governmental Entity and has all Permits required to be held on or before
the date hereof and all such reports are accurate and complete in all material respects and in material compliance with all applicable
Laws.

 

    	 	-11-	 

     

    

 

		5.11	Contracts.

 

(a)       Schedule
5.11 sets forth a true, correct and complete list of the following Contracts to which Seller is a party:

 

(ii)             
all commitments, or other Contracts relating to the borrowing of money or binding upon any of the
Purchased Assets;

 

(iii)           
all office leases relating to the Business or other leases or licenses involving any properties or
assets (whether real, personal or mixed, tangible or intangible) involving an annual commitment or payment of more than $5,000; 

 

(iv)            
all Contracts which limit or restrict Seller or any officers or key employees of Seller from engaging
in any business in any jurisdiction;

 

(v)              
all employment, agent or consulting Contracts;

 

(vi)            
all licensing Contracts;

 

(vii)         
all Contracts for capital expenditures or the acquisition or construction of fixed assets requiring
the payment by Seller of an amount in excess of $10,000; 

 

(viii)       
all Contracts that provide for an increased payment or benefit, or accelerated vesting, upon the
execution of this Agreement or in connection with the transactions contemplated hereby;

 

(ix)            
all Contracts granting any Person a Lien on all or any part of any of the Purchased Assets, which
will not be released as of the Closing Date;

 

(x)              
all Contracts for the cleanup, abatement or other actions in connection with any Hazardous Materials,
the remediation of any existing environmental condition or relating to the performance of any environmental audit or study;

 

(xi)            
all Contracts granting to any Person an option or a first refusal, first-offer or similar preferential
right to purchase or acquire any assets, terminable without penalty on 30 calendar days' or less notice;

 

(xii)         
all Contracts for the granting or receiving of a license or sublicense or under which any Person
is obligated to pay or have the right to receive a royalty, license fee or similar payment;

 

(xiii)       
all Contracts providing for the indemnification or holding harmless of any officer, director, shareholder,
member, manager, employee or other Person;

 

(xiv)        
all joint venture or partnership Contracts; 

 

(xv)          
all outstanding powers of attorney empowering any Person to act on behalf of Seller; 

 

    	 	-12-	 

     

    

 

(xvi)        
all Contracts with vendors and suppliers; and

 

(xvii)     
all Contracts and commitments (other than those described in subparagraphs (i) through (xv) of this
Section 5.11) to which Seller is a party or by which any of the Purchased Assets is bound involving an annual commitment or annual
payment to or from Seller of more than $10,000 individually or which is otherwise material to the Business.

 

True, correct and complete copies
of all the written Contracts set forth on Schedule 5.11 have been made available to Seller.

 

5.12       Insurance
Policies. Schedule 5.12 contains a complete and correct list of all insurance policies relating
to Seller carried by or for the benefit of Seller. There is no claim by Seller pending under any of such policies as to which coverage
has been denied or disputed by the underwriters of such policies or in respect of which such underwriters have reserved their rights.
All premiums payable under all such policies have been timely paid, and Seller has otherwise complied fully with the terms and conditions
of all such policies and bonds. Seller has no knowledge of any threatened termination of, material premium increase with respect to, or
material alteration of coverage under, any of such policies.

 

		5.13	Environmental, Health and Safety Matters. With respect to Seller:

 

(a)       To
the best of Seller’s knowledge, Seller possesses and is in all material respects in compliance with all Permits and has filed all
notices that are required under Environmental Laws and Seller is in compliance with all applicable limitations, restrictions, conditions,
standards, prohibitions, requirements, obligations, schedules and timetables contained in such Laws or contained in any Law issued, entered,
promulgated or approved thereunder;

 

(b)       To
the best of Seller’s knowledge, there are no liabilities arising in connection with or in any way relating to the Seller of any
kind whatsoever, whether accrued, contingent, absolute, determined, determinable or otherwise, arising under or relating to any Environmental
Laws, and there are no facts, events, conditions, situations or set of circumstances which could reasonably be expected to result in or
be the basis for any such Liability;

 

(c)       No
notice, notification, demand, request for information, citation, summons or Order has been received, no complaint has been filed, no penalty
has been assessed and no investigation, action, claim, suit, proceeding or review is pending or, to the best of Seller’s knowledge,
threatened by any Governmental Entity or other Person with respect to any matters relating to Seller and relating to or arising out of
any Environmental Law;

 

(d)Seller is not subject
to any Liability, incurred or imposed or based upon any provision of any Environmental Law or arising out of any act or omission of Seller,
or Seller’s employees, agents or representatives or arising out of the ownership, use, control or operation by Seller of any plant,
facility, site, area or property from which any Hazardous Materials were released into the environment (the term “release”
meaning any spilling, leaking, pumping, pouring, emitting, emptying, discharging, injecting, escaping, leaching, dumping or disposing
into the environment, and the term “environment” meaning any surface or ground water, drinking water supply, soil, surface
or subsurface strata or medium, or the ambient air); and

 

    	 	-13-	 

     

    

 

(e)       To
the best of Seller’s knowledge, Seller has not imported, manufactured, stored, used, operated, transported, treated or disposed
of any Hazardous Materials other than in compliance with all Environmental Laws and, to Seller’s knowledge no Hazardous Material
has been discharged, disposed of, dumped, injected, pumped, deposited, spilled, leaked, emitted or released at, on or under the U.K. offices
or any other property now or previously owned, leased or operated by Seller.

 

5.14       Intellectual
Property. Schedule 5.14 sets forth a true and correct list of all copyrights, trade names, trademarks,
service marks or patents (or applications therefor) which are owned by Seller and the jurisdictions in which each is registered (if any),
with a designation of whether said item is owned or licensed by Seller. Seller has good and marketable title to or possesses adequate
licenses or other valid rights to use the Intellectual Property, free and clear of all Liens and has paid all maintenance fees, renewals
or expenses related to the Intellectual Property. To the best of OD’s knowledge, neither the use of the Intellectual Property, nor
the conduct of the Business in accordance with Seller’s past practices, misappropriates, infringes upon or conflicts with any patent,
copyright, trade name, trade secret, trademark or other Intellectual Property rights of any Person. No Person has filed a claim, or to
OD’s knowledge, threatened to file a claim, against Seller alleging that Seller has violated, infringed on or otherwise improperly
used the Intellectual Property rights of such Person and Seller has not violated or infringed any patent, trademark, trade name, service
mark, service name, copyright or trade secret held by other Persons.

 

		5.15	Employee Matters.

 

(a)        Schedule
5.15 contains a true and complete list of all of the employees and independent contractors of Seller as of the execution date of this
Agreement and of the Closing Date, specifying the annual salary, hourly wages, bonuses, commissions or independent contractor fees and
position for such employee or independent contractor. Seller has not received a claim from any Governmental Entity that Seller improperly
classified as an independent contractor any Person named on Schedule 5.15. Seller has not made any written or oral commitment to
any employee or independent contractor with respect to compensation, promotion, retention, termination, severance or similar matters in
connection with the Transaction. Seller’s employees are duly licensed, if applicable, to and qualified to perform his or her responsibilities
to Seller. Any and all documentation prepared in conjunction with the hiring of employees were completed in compliance with all applicable
Laws.

 

(b)       Seller
is not delinquent in payments to any of its employees for any wages, salaries, commissions, bonuses or other direct compensation for any
services performed by them to date or amounts required to be reimbursed to such employees. To the best of Seller’s knowledge, Seller
is in compliance with all Laws respecting labor, employment and employment practices, terms and conditions of employment and wages and
hours.

 

(c)       The
employees of Seller have not been, and currently are not, represented by any labor organization or group whatsoever. Seller has not been
and is not a signatory to any collective bargaining agreement, and no union organizing campaign or other attempt to organize or establish
a labor union, employee organization or labor organization involving or representing employees of Seller has occurred, is in progress
or is threatened.

 

(d)       Except
as set forth on Schedule 5.15(d), workers' compensation or retaliation claim, complaint, charge or investigation has been filed
or is pending against Seller, and Seller has maintained and currently maintains adequate insurance as required by applicable Law with
respect to workers' compensation claims and unemployment benefits claims.

 

    	 	-14-	 

     

    

 

(e)       To
the best of Seller’s knowledge, Seller is in compliance, in all material respects, with all applicable Laws and Orders governing
or concerning labor relations, unions and collective bargaining, conditions of employment, employment discrimination and harassment, wages,
hours or occupations safety and health under U.K. law.

 

5.16       Permits.
Seller has all Permits necessary for its operations in the conduct of the Business and any other business
in which it is engage; such Permits are in full force and effect and no violations are or have been recorded in respect of any thereof;
and no Proceeding is pending or, to Seller’s knowledge, threatened to revoke or limit any thereof. Schedule 5.16 contains
a true, correct and complete list of all such Permits under which Seller is operating or bound, and Seller has furnished or made available
to Purchaser true, correct and complete copies of the Permits set forth on Schedule 4.15. To Seller’s knowledge there is
no proposed change in any applicable Law which would require Seller to obtain any Permits not set forth on Schedule 5.16 in order
to conduct the Business and any other business in which it is engaged as presently conducted.

 

		5.17	Taxes.

 

(a)            
Seller has timely filed (or caused to be filed) all Tax Returns required to be filed by it that will
have been required to be paid on or prior to the Closing Date. Seller has timely paid (or caused to be timely paid) all Taxes, and all
interest and penalties due thereon that shall have been required to be paid on or prior to the Closing Date. Seller has complied with
all applicable Laws relating to the collection, withholding and payment of Taxes (such as sales or use Taxes or Taxes required to have
been withheld and paid in connection with amounts paid or owing to any employee, independent contractor, creditor, member, shareholder
or any other third party).

 

(b)            
Seller has not been notified that any Tax authority has raised any issues in connection with any
Tax Return relating to Taxes, and no basis exists for any such issues to be raised; there are no pending Tax audits and no waivers of
statutes of limitations have been given or requested and Seller has not otherwise agreed to any extension of time with respect to a tax
assessment or deficiency. None of Seller’s Tax Returns is currently being audited by any taxing authority. 

 

(c)            
There are no Liens for Taxes (other than Taxes not yet due and payable) upon any of the Purchased
Assets.

 

		5.18	Employee Benefit Plans.

 

(a) Schedule 5.18 attached hereto set forth an accurate and complete list
of each “Employee Benefit Plan”, pension plan, plan of deferred compensation, medical plan, life insurance plan, long-term
disability plan, dental plan or other plan providing for the welfare of any of the employees or former employees or beneficiaries thereof
of Seller, personnel policy (including vacation time, holiday pay, bonus programs, moving expense reimbursement programs and sick leave),
excess benefit plan, bonus or incentive plan (including equity options, restricted equity, equity bonus and deferred bonus plans), salary
reduction agreement, change-of-control agreement, employment agreement, consulting agreement or any other benefit, program or other Contract,
whether or not written or pursuant to a collective bargaining agreement, which could give rise to or result in Seller having any debt,
liability, claim or obligation of any kind or nature, whether accrued, absolute, contingent, direct, indirect, known or unknown, perfected
or inchoate or otherwise and whether or not due or to become due. No Employee Benefit Plan that provides severance benefits is subject
to ERISA.

 

    	 	-15-	 

     

    

 

(b)       None
of the assets of Seller is subject to any Lien under applicable Law.

 

(c)       Each
of the Company Employee Benefit Plans and all related trusts, insurance contracts and funds have been maintained, funded and administered
in compliance with their terms and the terms of any applicable collective bargaining agreement, and in compliance with the applicable
Law. With respect to each Company Employee Benefit Plan, all required payments, premiums, contributions, distributions or reimbursements
for all periods ending prior to or as of the date hereof have been made or properly accrued.

 

5.19       Brokers,
Finders and Investment Bankers. Neither Seller nor any officer, director, or employee of Seller or any
Affiliate of Seller, has employed any broker, finder or investment banker or incurred any Liability for any investment banking fees, financial
advisory fees, brokerage fees or finders' fees in connection with the transactions contemplated by this Agreement. 

 

5.20       Ethical
Practices. Neither Seller nor any of Seller’s employees, agents or representatives, has offered
or given, and OD has no knowledge of any Person that has offered or given on Seller’s behalf, anything of value to: (a) any official
of a Governmental Entity, any political party or official thereof, or any candidate for political office; (b) any customer or member of
the government; or (c) any other Person, in any such case while knowing or having reason to know that all or a portion of such money or
thing of value may be offered, given or promised, directly or indirectly, to any customer, member of the government or candidate for political
office for the purpose of the following: (i) influencing any action or decision of such Person, in such Person's official capacity, including
a decision to fail to perform such Person's official function; (ii) inducing such Person to use such Person's influence with any government
or instrumentality thereof to affect or influence any act or decision of such government or instrumentality to assist Seller in obtaining
or retaining business for, or with, or directing business to, any Person; or (iii) where such payment would constitute a bribe, kickback
or illegal or improper payment to assist Seller in obtaining or retaining business for, or with, or directing business to, any Person.

 

5.21       Solvency.
Seller is not insolvent and, immediately after giving effect to the transactions contemplated hereby,
Seller shall not be insolvent. Seller has assets, and immediately after giving effect to the transactions contemplated hereby, shall have
assets (both tangible and intangible) with a fair saleable value in excess of the amount required to pay its Liabilities as they come
due. Seller has adequate capital for the conduct of its business and discharge of its debts. Seller is not involved in any Proceeding
by or against it as a debtor before any Governmental Entity under any insolvency or debtors' relief act, whether state, federal or foreign,
or for the appointment of a trustee, receiver, liquidator, assignee, sequestrator or other similar official for any part of Seller’s
property.

 

5.22       Disclosure.
No representation, warranty or covenant made by Seller in this Agreement, the Schedules or the Exhibits
attached to this Agreement, or any of Seller Ancillary Documents contains an intended untrue statement of a material fact or omits to
state a material fact required to be stated herein or therein or necessary to make the statements contained herein or therein not misleading.
Seller does not have knowledge of any fact that has specific application to Seller or the Business (other than general economic or industry
conditions) that may materially adversely affect the assets, Business, prospects, financial condition or results of operations of Seller
or the Business that has not been set forth in this Agreement or the Schedules.

 

    	 	-16-	 

     

    

 

ARTICLE 6

FURTHER REPRESENTATIONS AND WARRANTIES OF PURCHASER

 

In
order to induce Seller to enter into this Agreement, Purchaser hereby represents and warrants to Seller that the statements in this Article 6
are true and correct.

 

6.1       Organization.
Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the
State of Nevada and has all requisite corporate power and authority to own, lease and operate its properties and to carry on its business
as now being conducted.

 

6.2       Authorization.
Purchaser has full corporate power and authority to execute and deliver this Agreement and any other
certificate, agreement, document or instrument to be executed and delivered by it in connection with the transactions contemplated by
this Agreement (collectively, the “Purchaser Ancillary Documents”), to perform its obligations under this Agreement
and Purchaser Ancillary Documents and to consummate the transactions contemplated by this Agreement and Purchaser Ancillary Documents.
The execution and delivery of this Agreement and Purchaser Ancillary Documents by Purchaser, the performance by Purchaser of its obligations
under this Agreement and Purchaser Ancillary Documents, and the consummation of the transactions provided in this Agreement and Purchaser
Ancillary Documents have been duly and validly authorized by all necessary corporate action on the part of Purchaser. This Agreement and
Purchaser Ancillary Documents have been duly executed and delivered by Purchaser and constitute the valid and binding agreements of Purchaser,
enforceable against Purchaser in accordance with their respective terms, subject to applicable bankruptcy, insolvency and other similar
laws affecting the enforceability of creditors' rights generally, general equitable principles and the discretion of courts in granting
equitable remedies.

 

6.3       Absence
of Restrictions and Conflicts. The execution, delivery and performance of this Agreement and Purchaser
Ancillary Documents, the consummation of the transactions contemplated by this Agreement and Purchaser Ancillary Documents and the fulfillment
of and compliance with the terms and conditions of this Agreement and Purchaser Ancillary Documents do not or shall not, as the case may
be, with the passing of time or the giving of notice or both, violate or conflict with, constitute a breach of or default under, result
in the loss of any benefit under, or permit the acceleration of any obligation under, or otherwise require any action, approval, order,
authorization, registration, declaration or filing with respect to (a) any term or provision of the charter documents of Purchaser, (b)
any Contract to which Purchaser is a party, (c) any judgment, decree or order of any Governmental Entity to which Purchaser is a party
or by which Purchaser or any of its properties is bound or (d) any Permit or Law of any Governmental Entity applicable to Purchaser, that
in any case would be reasonably likely to prevent or materially delay the performance by Purchaser of any of its obligations under this
Agreement or the consummation of any of the transactions contemplated hereby.

 

6.4       Solvency.
Purchaser is not insolvent and, immediately giving effect to the transactions contemplated herein, Purchaser
shall not be insolvent.

 

6.5       Brokers,
Finders and Investment Bankers. Neither Purchaser, nor any officers, directors, managers, members,
shareholders or employees of Purchaser nor any Affiliate of Purchaser, has employed any broker, finder or investment banker or incurred
any Liability for any investment banking fees, financial advisory fees, brokerage fees or finders' fees in connection with the transactions
contemplated by this Agreement.

 

    	 	-17-	 

     

    

 

ARTICLE 7

CONDUCT PENDING CLOSING

 

Seller
hereby agrees, from the date of execution of this Agreement to Closing, to carry on Seller’s business activities and operations
diligently and in substantially the same manner as has been customary in the past. Seller hereby agrees, from the date of execution of
this Agreement to Closing, Seller shall not take any action so as to cause or permit any Seller to do any of the following without the
prior written Consent of Seller: (i) transfer any of the Purchased Assets outside of the ordinary course of business; (ii) purchase Inventory
outside of the ordinary course of business; (iii) accelerate the sale of goods, or the payment of any Accounts Receivable, by offering
any discounts or incentives to customers not currently stated in Seller’s standard terms and conditions; (iv) fail to comply with
the obligations under its Contracts and not cure any technical defaults, if any; and (v) take any action, refrain from taking any action,
permit any action to be taken or not taken, inconsistent with this Agreement.

 

ARTICLE 8

TERMINATION OF AGREEMENT

 

8.1       Termination.
This Agreement may be terminated by mutual written consent of Seller and Purchaser prior to the Closing
Date.

 

8.2       Effect
of Termination. In the event this Agreement is terminated pursuant to Section 8.1, the provisions
of this Agreement immediately shall be of no further force and effect and no party shall have any further obligation or liability to the
other party.

 

ARTICLE
9

CERTAIN COVENANTS AND AGREEMENTS

 

9.1       Purchaser
and Seller Goals.

 

(a)        Purchaser
shall make available to Seller up to $20,000 in cash following the Closing to accelerate the development by Seller of a scaled-up prototype
for the EV battery.

 

(b)       Seller
agrees to use its best efforts to achieve the following milestones after the Closing and Purchaser agrees to cover the following expenses
Seller incurs in doing so: (i) $25,000 for the filing of a patent for the EV battery inventions, (ii) $100,000 for development of a small
manufacturing facility to develop commercial and manufacturing viability and (iii) $1,000,000 for construction of a fully-developed manufacturing
facility.

 

9.2       Survival
of Representations and Warranties. The representations and warranties in this Agreement shall survive
the Closing as follows: 

 

(i)       The
representations set forth in (i) Sections 5.1 (Organization), 5.2 (Authorization), 5.4 (Title to Purchased Assets), 5.19 (Brokers, Finder
and Investment Bankers), 6.1 (Organization), 6.2 (Authorization) and 6.5 (Brokers, Finder and Investment Bankers) shall survive indefinitely;
and (ii) Sections 5.15 (Employee Matters) and 5.17 (Taxes) shall survive until the expiration of the applicable statute of limitations
for such matters, at which time such representations and warranties and any cause of action based thereon shall terminate (all representations
and warranties noted in 9.1(a)(i) and (ii) are collectively the “Fundamental Representations”);

 

    	 	-18-	 

     

    

 

(ii)       All
other representations and warranties in this Agreement shall terminate on the nine (9) month anniversary of the Closing Date, at which
time such representations and warranties and any cause of action based thereon shall terminate.

 

9.3       Public
Announcements. Subject to their respective legal obligations, Seller shall have the right to issue a
public announcement regarding the completion of the Transaction and shall use reasonable efforts to agree upon the text of any such announcement
with the Purchaser prior to its release.

 

9.4       Tax
Cooperation. Purchaser and Seller shall reasonably cooperate with each other in connection with the
preparation or audit of any Tax Returns and any Tax claim or litigation in respect of the Business and the Purchased Assets, which cooperation
shall include making reasonably available documents and employees, if any, capable of providing information or testimony.

 

9.5       Transfer
Taxes. All excise, sales, use, value added, registration stamp, recording, documentary, conveyancing,
franchise, property, transfer, gains and similar Taxes, levies, charges and fees (collectively, “Transfer Taxes”) incurred
in connection with the transactions contemplated by this Agreement shall be borne by Purchaser. The Parties shall cooperate in providing
each other with any appropriate resale exemption certifications and other similar documentation. The Party that is required by applicable
law to make the filings, reports, or returns with respect to any applicable Transfer Taxes shall do so, and the other Party shall cooperate
with respect thereto as necessary.

 

9.6       Bulk
Transfer Laws. Purchaser waives compliance by Seller with the provisions of any so-called bulk transfer
laws of any jurisdiction in connection with the sale of the Purchased Assets. Purchaser agrees to indemnify Seller against all liability,
damage or expense which Seller may suffer due to the failure to so comply or to provide notice required by any such law.

 

		9.7	Employees.

 

(a)       Purchaser
shall be solely responsible and Seller shall have no obligations whatsoever for any compensation or other amounts payable to any employee
(or former employee) of Seller, including bonus, salary, accrued vacations, fringe, pension or profit sharing benefits, or severance pay
payable to any employee (or former employee) of Seller for any period relating to the service with Seller at any time prior to the Closing
Date.

 

(c)       Purchaser
shall remain solely responsible for the satisfaction of all claims for medical, dental, life insurance, health accident or disability
benefits, including COBRA obligations, brought by or in respect of employees (or former employees), agents or “leased” employees
of Seller, which claims relate to events occurring prior to the Closing Date. Purchaser also shall remain solely responsible for all worker's
compensation claims of any employees (or former employees), agents or “leased” employees of Seller which relate to events
occurring prior to the Closing Date. Purchaser shall pay, or cause to be paid, all such amounts to the appropriate persons as and when
due.

 

    	 	-19-	 

     

    

 

9.8       Retention
of Records. Purchaser and Seller shall retain all books, records and other data pertaining to Tax matters
with respect to the Business for all open periods through the Closing Date. In particular, Purchaser and Seller shall retain all Tax Returns,
schedules and work papers, and all material records and other documents relating thereto with respect to the operation of the Business
prior to the Closing Date, until the expiration of the statute of limitations (including any extensions thereof) of the respective Tax
periods. Seller agrees that it will retain for a period of time not less than three years after the Closing any books and records (including
accounting records) relating to the Business and not included in the Purchased Assets. At Purchaser’s request, Seller will make
such books and records available to and otherwise cooperate with Purchaser and its representatives so that an audit of the Financial Statement
of the Business for periods prior to the Closing can be performed in accordance with generally accepted auditing standards. Such cooperation
may include causing management representation letters to be delivered to any accounting firm retained by Purchaser in connection with
such audit by any current or former officers or employee of Seller as shall be reasonably requested by Purchaser or its representatives.

 

9.9       Judgment,
Tax and Lien Searches. Within twenty (20) days of the execution of this Agreement, Seller, at its expense,
shall provide Purchaser with current judgment, tax, pending suits and lien searches limited to the county in which the business is operated
and the State of Illinois, where applicable, showing that the Purchased Assets are free and clear of all liens, claims and encumbrances
of every nature and kind, other than as relating to the Assumed Contracts and that Seller is not a party in any state or federal lawsuit
or bankruptcy proceeding. The foregoing shall be in form and substance reasonably satisfactory to Purchaser’s counsel. 

 

ARTICLE 10

INDEMNIFICATION

 

10.1       Indemnification
Obligations of Purchaser. Purchaser shall indemnify Seller and its Affiliates, shareholders, officers,
directors, employees, agents, representatives, successors and permitted assigns (collectively, the “Seller Indemnified Parties”)
and save and hold each of them harmless from and against any Losses which Seller Indemnified Parties may suffer, sustain or become subject
to as a result of, in connection with or by virtue of (i) any breach of any representation or warranty of Purchaser under this Agreement;
(ii) any non-fulfillment or breach of any covenant, agreement or other provision by Purchased under this Agreement; (iii) any Assumed
Liability; and/or (iv) the operation of the Seller’s business and/or the use of the Purchased Assets from and after the date of
the Closing. In addition, Purchaser shall indemnify the Seller Indemnified Parties for any and all liability relating to or resulting
from the operation of Purchaser’s business from and after the date of Closing, including any and all environmental claims.

 

		10.2	General Indemnification Obligations.

 

(a)       Any
indemnification of Seller Indemnified Parties pursuant to Section 10.1 shall be made directly by Purchaser to Seller by wire transfer
of immediately available funds. Any indemnification of Seller Indemnified Parties pursuant to Section 10.2 shall be made directly
by Purchaser to Seller by wire transfer of immediately available funds.

 

(b)       For
purposes of determining whether there has been a breach or inaccuracy of a representation or warranty and the amount of losses that are
the subject matter of a claim for indemnification hereunder, each representation and warranty in this Agreement and the schedules and
exhibits hereto shall be read without regard and without giving effect to the term “material” or “Material Adverse Effect”
or similar phrases contained in such representation or warranty which has the effect of making such representation and warranty less restrictive
(as if such word was deleted from such representation and warranty).

    	 	-20-	 

     

    

 

(c)       For
purposes of determining the amount of any losses, such amount shall be reduced by the amount of any insurance benefits and proceeds actually
received by the Indemnified Party making a claim for indemnification in respect of such Losses (net of any applicable deductible amounts
and costs of collection).

 

(d)       Purchaser
shall have any liability hereunder for any punitive, special or exemplary damages, either in contract or in tort, or any damages that
are not reasonably foreseeable or that are speculative or remote, except to the extent any such damages are recovered by a third party
from an Indemnitee in connection with a third party claim.

 

(e)       Seller
agrees to take all reasonable steps to mitigate its respective losses, but solely to the extent required by applicable law, upon and after
becoming aware of any event or condition which could reasonably be expected to give rise to any Losses that are indemnifiable hereunder.

 

(f)       If
a party entitled to indemnity pursuant to Article 10 (the "Indemnitee") believes that it has suffered or incurred
any indemnifiable loss, it shall so notify the party which the Indemnitee believes has an obligation to indemnify (the "Indemnitor")
promptly in writing describing such indemnifiable loss in reasonable detail, the amount thereof, if known, and the method of computation
of such indemnifiable loss, all with reasonable particularity (the "Indemnification Notice").

 

(g)       With
respect to a third party claim, the Indemnitee shall notify the Indemnitor of the claim in writing promptly after receiving written notice
of any action, lawsuit, Proceedings, investigation or other claim against or by third party, describing the claim, the amount thereof
(if known and quantifiable), and the basis thereof (the "Litigation Notice") in lieu of an Indemnification Notice; provided
that the failure to so notify an Indemnitor shall not relieve the Indemnitor of its obligations hereunder, except to the extent that
(and only to the extent that) the Indemnitor is prejudiced thereby. Any Indemnitor shall be entitled to participate in the defense of
such action, lawsuit, Proceedings, investigation or other claim giving rise to an Indemnitee’s claim for indemnification at such
Indemnitor’s expense, and at its option (subject to the limitations set forth below) shall be entitled to assume the defense thereof
by appointing counsel reasonably acceptable to the Indemnitee to be the lead counsel in connection with such defense; provided that,
prior to the Indemnitor assuming control of such defense it shall first verify to the Indemnitee in writing that such Indemnitor shall
be fully responsible for all liabilities and obligations relating to such claim for indemnification and that it will provide full indemnification
to the Indemnitee with respect to such action, lawsuit, Proceedings, investigation or other claim giving rise to such claim for indemnification
hereunder; and provided further, that (1) the Indemnitee shall be entitled to participate in the defense of such claim and to employ
counsel of its choice for such purpose; provided that the fees and expenses of such separate counsel shall be borne by the Indemnitee
(other than any fees and expenses of such separate counsel that are incurred prior to the date the Indemnitor effectively assumes control
of such defense which, notwithstanding the foregoing, shall be borne by the Indemnitor); (2) the Indemnitor shall not be entitled to assume
control of such defense and shall pay the fees and expenses of counsel retained by the Indemnitee if (A) the claim for indemnification
relates to or arises in connection with any criminal Proceedings, action, indictment, allegation or investigation; (B) the claim primarily
seeks an injunction or other equitable relief against the Indemnitee; (C) upon petition by the Indemnitee, the appropriate court rules
that the Indemnitor failed or is failing to vigorously prosecute or defend such claim; or (D) the Indemnitee reasonably believes
that the Loss relating to such claim could exceed the maximum amount that such Indemnitee could then be entitled to recover under the
applicable provisions of this Article; and (3) if the Indemnitor shall control the defense of any such claim, the Indemnitor shall
obtain the prior written consent of the Indemnitee (which shall not be unreasonably withheld or delayed) before entering into any settlement
of a claim or ceasing to defend such claim if, pursuant to or as a result of such settlement or cessation, injunctive or other equitable
relief will be imposed against the Indemnitee or if such settlement does not expressly and unconditionally release the Indemnitee from
all liabilities and obligations with respect to such claim, without prejudice.

 

    	 	-21-	 

     

    

 

If the Indemnitor does not assume
the defense of the claim in accordance with the terms hereof within 30 days after the receipt of Litigation Notice, the Indemnitee
may, at the Indemnitor’s expense, defend against the claim in a reasonable manner, subject to the right of the Indemnitor to participate
reasonably in such defense.

 

(h)       Indemnitor
shall be deemed to accept Indemnitee's claim unless, within ten (10) business days after receipt of any Indemnification Notice or Litigation
Notice, Indemnitor delivers to Indemnitee notice of non-acceptance of the indemnification claim which must (a) be in writing and (b) include
the basis for the disagreement. If the parties have still not agreed, they shall attempt in good faith to resolve any remaining issues
concerning liability and the amount of such claim and any issues which they cannot resolve within thirty (30) days shall be settled by
litigation.

 

(i)       Any
indemnity payment under this Agreement shall be treated as an adjustment to the Purchase Price for Tax purposes to the extent permitted
by applicable law.

 

ARTICLE
11

MISCELLANEOUS PROVISIONS

 

11.1       Notices.
All notices, communications and deliveries under this Agreement shall be made in writing signed by or
on behalf of the Party making the same, shall specify the Section under this Agreement pursuant to which it is given or being made, and
shall be delivered personally or by facsimile or other electronic transmission, including email, or sent by registered or certified mail
(return receipt requested) or by next day courier (with evidence of delivery and postage and other fees prepaid) as follows:

 

 

	To Purchaser:	Altair International Corp.
	 	322 North Shore Drive
	 	Building 1B
	 	Suite 200
	 	Pittsburgh, PA 15212
	 	Attn: Leonard Lovallo, President and CEO
	 	Email: leonardlovallo@gmail.com
	 	 
	with a copy to:	Culhane Meadows PLLC
	 	1101 Pennsylvania Avenue, N.W.
	 	Suite 300
	 	Washington, D.C. 20004
	 	Attention: Ernest M. Stern, Esq.
	 	Email: estern@cm.law

 

    	 	-22-	 

     

    

 

	To Seller:	CryptoSolar LTD
	 	20 Clarks Mead
	 	 Bushey UK WD234 JZ
	 	Attn: Andreas Tapakoudes 
	 	Email: tapakoudes2003@yahoo.com
	 	 
	with a copy to:	Macalvins
	 	7 St John’s Road, 
	 	Harrow, Middlesex HA1 2EY
	 	Attention: Karen Millie-James
	 	Email: karen@macalvins.com

 

or to such other representative or at such other
address of a Party as such Party may furnish to the other Parties in writing. Any notice which is delivered personally or by facsimile
or other electronic transmission in the manner provided herein shall be deemed to have been duly given to the Party to whom it is directed
upon actual receipt by such Party or its agent. Any notice which is addressed and mailed in the manner herein provided shall be conclusively
presumed to have been duly given to the Party to which it is addressed at the close of business, local time of the recipient, on the fourth
Business Day after the day it is so placed in the mail (or on the first Business Day after placed in the mail if sent by overnight courier)
or, if earlier, the time of actual receipt.

 

11.2       Schedules
and Exhibits. The Schedules and Exhibits to this Agreement are hereby incorporated into this Agreement
and are hereby made a part of this Agreement as if set out in full in this Agreement.

 

11.3       Assignment;
Successors in Interest. No assignment or transfer by any Party of such Party's rights and obligations
under this Agreement shall be made except with the prior written consent of the other Parties to this Agreement; provided, however, that
Purchaser may assign any or all of its rights, obligations and interests hereunder without any such written consent to any Affiliate of
Purchaser or to any of Purchaser's lenders as security for any obligations arising in connection with the financing of the transactions
contemplated hereby. This Agreement shall be binding upon and shall inure to the benefit of the Parties and their successors and permitted
assigns, and any reference to a Party shall also be a reference to a successor or permitted assign.

 

11.4       Number;
Gender. Whenever the context so requires, the singular number shall include the plural and the plural
shall include the singular, and the gender of any pronoun shall include the other genders.

 

11.5       Captions.
The titles, captions and table of contents contained in this Agreement are inserted in this Agreement
only as a matter of convenience and for reference and in no way define, limit, extend or describe the scope of this Agreement or the intent
of any provision of this Agreement. Unless otherwise specified to the contrary, all references to Articles and Sections are references
to Articles and Sections of this Agreement and all references to Schedules or Exhibits are references to Schedules and Exhibits, respectively,
to this Agreement.

 

11.6       Controlling
Law; Amendment; Jurisdiction. This Agreement shall be governed by and construed and enforced in accordance
with the internal laws of the State of Nevada without reference to its choice of law rules. This Agreement may not be amended, modified
or supplemented except by written agreement of the Parties. All claims arising under this Agreement will be asserted in and subject to
the jurisdiction of the state and Federal courts in Allegheny County, Pennsylvania. Additionally, with respect any suit of other action
under or related to this Agreement, the Parties agree and consent to submit to the personal jurisdiction of the state and Federal court
of competent subject matter jurisdiction in Allegheny County, Pennsylvania.

 

    	 	-23-	 

     

    

 

11.7       Severability.
Any provision of this Agreement which is prohibited or unenforceable in any jurisdiction shall, as to
such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions
of this Agreement, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such
provision in any other jurisdiction. To the extent permitted by law, the Parties waive any provision of law which renders any such provision
prohibited or unenforceable in any respect.

 

11.8       Counterparts.
This Agreement may be executed in one or more counterparts, each of which shall be deemed an original
instrument and all of which together shall constitute a single instrument. Execution and delivery of this Agreement by electronic exchange
bearing the copies of a Party's signature shall constitute a valid and binding execution and delivery of this Agreement by such Party.
Such electronic copies shall constitute enforceable original documents.

 

11.9       Enforcement
of Certain Rights. Nothing expressed or implied in this Agreement is intended, or shall be construed,
to confer upon or give any Person other than the Parties, and their successors or permitted assigns, any rights, remedies, obligations
or liabilities under or by reason of this Agreement or result in such Person being deemed a third party beneficiary of this Agreement.

 

11.10       Waiver.
Any agreement on the part of a Party to any extension or waiver of any provision of this Agreement shall
be valid only if set forth in an instrument in writing signed on behalf of such Party. A waiver by a Party of the performance of any covenant,
agreement, obligation, condition, representation or warranty shall not be construed as a waiver of any other covenant, agreement, obligation,
condition, representation or warranty. A waiver by a Party of a condition to Closing shall not be considered as a waiver of any rights
to indemnification that may be claimed by such Party with respect to the matters relating to such waived condition. A waiver by any Party
of the performance of any act shall not constitute a waiver of the performance of any other act or an identical act required to be performed
at a later time.

 

11.11       Non-Reliance.
The Parties hereby acknowledge and agree that they are not relying upon any oral or written promise,
inducement, representation, statement, disclosure of the other party entering into the agreement, except to the extent that the same has
been reduced to writing and included as a term of this Agreement. 

 

11.12       Integration.
This Agreement and the documents executed pursuant to this Agreement supersede all negotiations, agreements
and understandings (both written and oral) among the Parties with respect to the subject matter of this Agreement. The Parties hereby
agree that for purposes of this Agreement no Party has made to the other any representations, warranties or covenants or other disclosures
other than those contained in this Agreement.

 

11.13       Cooperation
Following the Closing. Following the Closing, each of the Parties shall deliver to the others such further
information and documents and shall execute and deliver to the others such further instruments and agreements as the other Party shall
reasonably request to consummate or confirm the transactions provided for in this Agreement, to accomplish the purpose of this Agreement
or to assure to the other Party the benefits of this Agreement.

 

    	 	-24-	 

     

    

 

11.14       Transaction
Costs. Except as provided above or as otherwise expressly provided herein, (a) Purchaser shall pay its
own fees, costs and expenses incurred in connection with this Agreement and the transactions contemplated by this Agreement, including
the fees, costs and expenses of its financial advisors, accountants and counsel, and (b) Seller shall pay the fees, costs and expenses
of Seller incurred in connection with this Agreement and the transactions contemplated by this Agreement, including the fees, costs and
expenses of their financial advisors, accountants and counsel.

 

		11.15	Interpretation; Constructions.

 

(a)       The
term “Agreement” means this agreement together with all Schedules, Annexes and Exhibits hereto, as the same may from
time to time be amended, modified, supplemented or restated in accordance with the terms hereof. Unless the context otherwise requires,
words importing the singular shall include the plural, and vice versa. The use in this Agreement of the term “including” means
 “including, without limitation” The words “herein”, “hereof , “hereunder”, “hereby”,
 “hereto”, “hereinafter”, and other words of similar import refer to this Agreement as a whole, including the Schedules,
Annexes and Exhibits, as the same may from time to time be amended, modified, supplemented or restated, and not to any particular article,
section, subsection, paragraph, subparagraph or clause contained in this Agreement. All references to articles, sections, subsections,
clauses, paragraphs, schedules and exhibits mean such provisions of this Agreement and the Schedules, Annexes and Exhibits attached to
this Agreement, except where otherwise stated. The use herein of the masculine, feminine or neuter forms shall also denote the other forms,
as in each case the context may require. The use in this Agreement of the terms “furnished,” “provided,” “delivered,”
 “made available” and similar terms refers, with respect to the provision of information and documents to Purchaser, in addition
to the physical delivery of such information or documents to Purchaser, to such information and/or documents as are made available by
Seller or any of their respective employees, consultants, advisors or attorneys.

 

(b)       The
language used in this Agreement shall be deemed to be the language chosen by the Parties to express their mutual intent, and no rule of
strict construction shall be applied against any Party.

 

11.16       Made
Available. The phrases “made available”, “delivered to” or phrases similar thereto
in this Agreement shall mean that true and correct copies of the subject documents were posted to Seller’s due diligence data site
two Business Days prior to, and remain accessible to Purchaser and its counsel on, the date of this Agreement.

 

[SIGNATURE
PAGE FOLLOWS]

 

    	 	-25-	 

     

    

 

IN WITNESS WHEREOF, the
Parties have caused this Agreement to be duly executed, as of the date first above written.

  

 

	 	SELLER:
	 	 
	 	CRYPTOSOLAR LTD 
	 	 
	 	 
	 	By:	/s/ Andreas Tapakoudas
	 	Name: Andreas Tapakoudas
	 	Title:Managing Director
	 	 
	 	 
	 	 
	 	PURCHASER:
	 	 
	 	ALTAIR INTERNATIONAL CORP.
	 	 
	 	By:	/s/ Leonard Lovallo
	 	Name: Leonard Lovallo
	 	Title: President and CEO

 

 

 

     

     

    

 

 

SCHEDULES

 

  

Schedule;

 

	2.2(i)	None
	 	 
	2.2 (d)	None
	 	 
	2.2 (f)	None
	 	 
	2.2 (g)	None
	 	 
	2.2 (h)	None
	 	 
	2.2 (i)	None
	 	 
	4.14	None
	 	 
	5.4	None
	 	 
	5.6	Attached dormant accounts to 31st March 2020
	 	 
	5.11	None
	 	 
	5.12	None
	 	 
	5.14	See attached
	 	 
	5.15	None
	 	 
	5.16	None
	 	 
	5.18	None

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