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 EXHIBIT 10.7

 

 AMENDMENT NO. 1 TO THE
 SHARE EXCHANGE AGREEMENT
 

 AMENDMENT NO. 1 TO THE SHARE EXCHANGE AGREEMENT, dated as of September 21, 2020 (the “Agreement”), by and among GLOBAL BOATWORKS HOLDINGS, INC., a Florida corporation (“Purchaser”), R3 SCORE TECHNOLOGIES, INC., a Delaware corporation, (the “Company”), and each of the shareholders of the Company set forth on the signature page hereof (collectively, the “Sellers”) amending the terms of the Share Exchange Agreement dated September 3, 2020 (the “Original Agreement”).  Each of the Company, Purchaser and each Seller is referred to herein as a “Party” and collectively, as the “Parties”.  All terms not defined herein shall have the meaning ascribed to them in the Original Agreement.
 

 WITNESSETH
 

 WHEREAS, the Parties desire to amend the Original Agreement as set forth herein;
 

 NOW THEREFORE, in consideration of the mutual covenants and agreements contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned hereby agree that the Original Agreement shall be amended as follows:
 

  1.

 Section 2.4 shall be amended and restated as follows:
 

  2.4

 Closing.  The Parties hereto shall use their best efforts to close the transactions contemplated by this Agreement (the “Closing”), by September 18, 2020 pursuant to which the Purchaser will acquire 95% of the Company; provided, however, there may be more than one closing with additional closings occurring no later than October 31, 2020.  Additional Closings will occur pursuant to which the Purchaser will acquire up to 100% of the Company.  Following the initial Closing, additional Sellers may become party to this Agreement.  In connection with an additional Seller becoming a party to this Agreement, such additional Seller shall execute a copy of this Agreement.   
 

  2.

 Section 2.6 shall be amended and restated as follows:
 

  2.6

 Cash Proceeds.  Concurrent with the initial Closing, the Purchaser shall close on a convertible note financing in the amount of $135,000, which will be wired to the escrow account of Fleming PLLC. Robert Rowe, as representative of Purchaser, will direct Fleming PLLC to disburse such amount to existing trade payables and consultants of Purchaser. 
 

  3.

 Section 5.17 shall be amended and restated as follows:
 

 

  5.17

 Litigation.
 

 

 

 

  
 
 

 

 Except for (Complaint and Demand for Jury Trial filed by Gordon McNichols against the Purchaser in the Circuit Court of the Seventeenth Judicial Circuit in and for Broward County, Florida (Case No.: CACE-20-015122), there is no suit, action, proceeding, investigation, claim or order pending or, to the knowledge of Purchaser, overtly threatened against Purchaser (or to the knowledge of Purchaser, pending or threatened, against any of the officers, directors or key employees of Purchaser with respect to their business activities on behalf of Purchaser), or to which Purchaser is otherwise a party, before any court, or before any governmental department, commission, board, agency, or instrumentality which, if adversely determined, would have a Purchaser Material Adverse Effect; nor to the knowledge of Purchaser is there any reasonable basis for any such action, proceeding, or investigation.  Purchaser is not subject to any judgment, order or decree of any court or governmental agency except to the extent the same are not reasonably likely to have a Purchaser Material Adverse Effect and Purchaser is not engaged in any legal action to recover monies due it or for damages sustained by it.
 

 [Remainder of page intentionally left blank.]
 

  
 

 

  
 
 

 

 

 

 

 

 

 IN WITNESS WHEREOF the Parties have executed this Agreement effective as of the day and year first above written.
 PURCHASER: 
 GLOBAL BOATWORKS HOLDINGS, INC.
 

 

 By:  /s/ Robert Rowe
 Name: Robert Rowe
 Title: Chief Executive Officer
 

 

 COMPANY:
 R3 SCORE TECHNOLOGIES, INC.
 

 

 By:  /s/ Teresa Y. Hodge
 Name: Teresa Y. Hodge
 Title: CEO
 

 

  By: /s/ Robert Rowe
 Name: Robert Rowe, Individually 
 Solely with respect to his obligations 
 pursuant to Article 12 hereof
  
 

 SELLER SIGNATURE PAGE FOLLOWS:
 

  
 

 

  
 
 

 

 

 

  /s/ Teresa Y. Hodge

 /s/ Laurin Leonard
  Teresa Y. Hodge

 Laurin Leonard
 

  /s/ Aliya Rahman

 /s/ Pamela Keye
  Aliya Rahman

 Pamela Keye
 

 Mission Launch, Inc.
 

  /s/ Shelby Carl

 By: /s/ Laurin Leonard
  Shelby Carl

 Name:
 Title:
 

  Gilmore & Kandhar

 The Innovashion Group
 

  By:_/s/ Dorcas R. Gilmore

 By: /s/Jilian Baker
  Name:

 Name:
  Title:

 Title:Exhibit 4.1

 

	 	NUMBER UNITS

U-
	SEE REVERSE FOR CERTAIN

DEFINITIONS	CUSIP                       

 

Social
Capital Hedosophia Holdings Corp. V

 

UNITS CONSISTING OF ONE CLASS A
ORDINARY SHARE AND ONE-FOURTH OF ONE

 REDEEMABLE WARRANT, EACH WHOLE WARRANT ENTITLING THE HOLDER TO

PURCHASE ONE CLASS A ORDINARY
SHARE

 

THIS CERTIFIES THAT                                               is the owner of                             Units.

 

Each Unit (“Unit”) consists of one
(1) Class A Ordinary Share, par value $0.0001 per share (“Class A Ordinary Shares”), of Social Capital
Hedosophia Holdings Corp. V, a Cayman Islands exempted company (the “Company”), and one-fourth (1/4)
of one redeemable warrant (the “Warrant”). Each whole Warrant entitles the holder to purchase one (1)
Class A Ordinary Share (subject to adjustment) for $11.50 per share (subject to adjustment). Only whole Warrants are exercisable.
Each Warrant will become exercisable on the later of (i) thirty (30) days after the Company’s completion of a merger, share
exchange, asset acquisition, share purchase, reorganization or other similar business combination with one or more businesses (each
a “Business Combination”), and (ii) twelve (12) months from the closing of the Company’s initial
public offering, and will expire, unless exercised before 5:00 p.m., New York City Time, on the date that is five (5) years after
the date on which the Company completes its initial Business Combination, or earlier upon redemption or liquidation. The Class A
Ordinary Shares and Warrants comprising the Units represented by this certificate will begin separate trading on                      ,
2020 unless Credit Suisse Securities (USA) LLC elects to allow separate trading earlier, subject to the Company’s filing
of a Current Report on Form 8-K with the Securities and Exchange Commission containing an audited balance sheet reflecting the
Company’s receipt of the gross proceeds of its initial public offering and, if the separation date is earlier than trading
on , 2020, issuing a press release announcing when separate trading will begin. No fractional Warrants will be issued upon separation
of the Units. The terms of the Warrants are governed by a Warrant Agreement, dated as of                                , 2020, between the Company and Continental
Stock Transfer & Trust Company, as Warrant Agent, and are subject to the terms and provisions contained therein, all of which
terms and provisions the holder of this certificate consents to by acceptance hereof. Copies of the Warrant Agreement are on file
at the office of the Warrant Agent at One State Street, 30th Floor, New York, New York 10004, and are available to any Warrant
holder on written request and without cost.

 

Upon the consummation of the Business Combination,
the Units represented by this certificate will automatically separate into the Class A Ordinary Shares and Warrants comprising
such Units.

 

This certificate is not valid unless countersigned
by the Transfer Agent and registered by the Registrar of the Company.

 

This certificate shall be governed by and
construed in accordance with the laws of the State of New York.

 

Witness the facsimile signature of its duly
authorized officers.

 

	 	 	 
	[TITLE]  	 	[TITLE]  

 

     

     

    

 

Social Capital Hedosophia Holdings
Corp. V

 

The Company will furnish without charge
to each unitholder who so requests, a statement of the powers, designations, preferences and relative, participating, optional
or other special rights of each class of shares or series thereof of the Company and the qualifications, limitations, or restrictions
of such preferences and/or rights.

 

The following abbreviations, when used in
the inscription on the face of this certificate, shall be construed as though they were written out in full according to applicable
laws or regulations:

 

	TEN COM	—
    as tenants in common	UNIF GIFT MIN ACT —	________Custodian

________
	TEN ENT	—
    as tenants by the entireties	 	(Cust)

(Minor)

under Uniform Gifts to Minors
	JT TEN	—
    as joint tenants with right of survivorship and not as tenants in common	 	Act
                                    

    (State)

 

Additional abbreviations may also be used though
not in the above list.

 

For value received, ______________ hereby sell, assign and
transfer unto ______________

 

	PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE
	(PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE)
	 
	 
	___ Units represented by the within Certificate, and does hereby irrevocably constitute and appoint
	                                Attorney to transfer the said Units on the register of members of the within named Company with full power of substitution in the premises.
	Dated:                              

 

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	 	Notice:       The signature to this assignment must correspond with the name as written upon the face of the certificate in every particular, without alteration or enlargement or any change whatever.
	 	 
	Signature(s) Guaranteed:	 
	 	 
	 	 
	THE SIGNATURE(S) MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15 UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED). 	 

 

In
each case, as more fully described in the Company’s final prospectus dated               ,
2020, the holder(s) of this certificate shall be entitled to receive a pro rata portion of certain funds held in the trust account
established in connection with its initial public offering only in the event that (i) the Company redeems the Class A Ordinary
Shares sold in its initial public offering and liquidates because it does not consummate an initial business combination by                     ,
2022, or by such later date approved by the Company’s shareholders in accordance with the Company’s amended and restated
memorandum and articles of association, (ii) the Company redeems the Class A Ordinary Shares sold in its initial public
offering in connection with a shareholder vote to amend the Company’s amended and restated memorandum and articles of association
(A) to modify the substance or timing of the Company’s obligation to allow redemption in connection with the Company’s
initial business combination or to redeem 100% of the Class A Ordinary Shares if it does not complete its initial business combination
by                     , 2022,
or by such later date approved by the Company’s shareholders in accordance with the Company’s amended and restated
memorandum and articles of association, or (B) with respect to any other provision relating to the holder(s)’(s) rights or
pre-initial business combination activity, or (iii) if the holder(s) seek(s) to redeem for cash his, her, its or their respective
Class A Ordinary Shares in connection with a tender offer (or proxy solicitation, solely in the event the Company seeks shareholder
approval of the proposed initial business combination) setting forth the details of a proposed initial business combination. In
no other circumstances shall the holder(s) have any right or interest of any kind to or in the trust account.

 

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