Document:

Exhibit 10.3

 

FORM OF

 

SUPPORT AGREEMENT

 

This Support Agreement (this “Agreement”),
dated as of December 14, 2020, is entered into by and among Experience Investment Corp., a Delaware corporation (“Acquiror”),
Experience Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of Acquiror (“Merger Sub”),
and [    ] (the “Stockholder”).

 

RECITALS

 

WHEREAS, concurrently herewith, Acquiror,
BLADE Urban Air Mobility, Inc., a Delaware corporation (“Company”), and Merger Sub are entering into an Agreement
and Plan of Merger (as amended, supplemented, restated or otherwise modified from time to time, the “Merger Agreement”;
capitalized terms used but not otherwise defined in this Agreement shall have the meanings ascribed to them in the Merger Agreement),
pursuant to which (and subject to the terms and conditions set forth therein) Merger Sub will merge with and into the Company,
with the Company surviving the merger (the “Merger”);

 

WHEREAS, as of the date hereof, the Stockholder
is the record and “beneficial owner” (within the meaning of Rule 13d-3 under the Securities Exchange Act of 1934, as
amended (together with the rules and regulations promulgated thereunder, the “Exchange Act”)) of and is entitled
to dispose of and vote [        ] Company Common Shares and [        ] Company Preferred Shares (the “Owned Shares”;
the Owned Shares and any additional shares of Company Stock (or any securities convertible into or exercisable or exchangeable
for Company Stock) in which the Stockholder acquires record or beneficial ownership after the date hereof, including by purchase,
as a result of a stock dividend, stock split, recapitalization, combination, reclassification, exchange or change of such shares,
or upon exercise or conversion of any securities, the “Covered Shares”); and

 

WHEREAS, as a condition and inducement to
the willingness of Acquiror and Merger Sub to enter into the Merger Agreement, the parties hereto are entering into this Agreement.

 

AGREEMENT

 

NOW, THEREFORE, in consideration of the
foregoing and the mutual covenants and agreements herein contained, and intending to be legally bound hereby, the parties hereto
hereby agree as follows:

 

1.             Agreement
to Vote. Unless this Agreement has been terminated in accordance with Section 3, the Stockholder, in its capacity as a
stockholder of the Company, irrevocably and unconditionally agrees that it shall, and shall cause any other holder of record
of any of the Covered Shares to, validly execute and deliver to the Company, as promptly as practicable, and in any event
within ten (10) Business Days after the Registration Statement is declared effective by the SEC), the written consent in the
form attached hereto as Exhibit A in respect of all of the Covered Shares. In addition, prior to the Termination Date
(as defined herein), the Stockholder, in its capacity as a stockholder of the Company, irrevocably and unconditionally agrees
that, at any other meeting of the stockholders of the Company (whether annual or special and whether or not an adjourned or
postponed meeting, however called and including any adjournment or postponement thereof) and in connection with any written
consent of stockholders of the Company, the Stockholder shall, and shall cause any other holder of record of any of the
Covered Shares to:

 

(a)              
when such meeting is held, appear at such meeting or otherwise cause the Covered Shares to be counted as present thereat
for the purpose of establishing a quorum;

 

     

     

    

 

(b)              
vote (or execute and return an action by written consent), or cause to be voted at such meeting (or validly execute and
return and cause such consent to be granted with respect to), all of the Covered Shares owned as of the record date for such meeting
(or the date that any written consent is executed by the Stockholder or other record holder of the Covered Shares) in favor of
the Merger and the other transactions contemplated by the Merger Agreement and the adoption of the Merger Agreement and any other
matters necessary or reasonably requested by the Company for consummation of the Merger and the other transactions contemplated
by the Merger Agreement; and

 

(c)              
vote (or execute and return an action by written consent), or cause to be voted at such meeting, or validly execute and
return and cause such consent to be granted with respect to, all of the Covered Shares against any Company Acquisition Proposal
and any other action that would reasonably be expected to materially impede, interfere with, delay, postpone or adversely affect
the Merger or any of the other transactions contemplated by the Merger Agreement or result in a breach of any covenant, representation
or warranty or other obligation or agreement of the Company under the Merger Agreement or result in a breach of any covenant, representation
or warranty or other obligation or agreement of the Stockholder contained in this Agreement.

The obligations of the Stockholder specified in this Section
1 shall apply whether or not the Merger or any action described above is recommended by the Company Board or the Company Board
has withdrawn or modified the Company Board Recommendation.

 

2.             No Inconsistent Agreements. The Stockholder hereby covenants and agrees that the Stockholder shall not, at any time
prior to the Termination Date, (i) enter into any voting agreement or voting trust with respect to any of the Covered Shares that
is inconsistent with the Stockholder’s obligations pursuant to this Agreement, (ii) grant a proxy or power of attorney with
respect to any of the Covered Shares that is inconsistent with the Stockholder’s obligations pursuant to this Agreement,
or (iii) enter into any agreement or undertaking that is otherwise inconsistent with, or would interfere with, or prohibit or prevent
it from satisfying, its obligations pursuant to this Agreement.

 

3.             Termination.
This Agreement shall terminate upon the earliest of (i) the Effective Time, (ii) the termination of the Merger Agreement in
accordance with its terms and (iii) the time this Agreement is terminated upon the mutual written agreement of Acquiror and
the Stockholder (the earliest such date under clause (i), (ii) and (iii) being referred to herein as the
 “Termination Date”); provided, that the provisions set forth in Sections 10 to 21 shall survive the
termination of this Agreement; provided further, that termination of this Agreement shall not relieve any party hereto
from any liability for any willful breach of, or actual fraud in connection with, this Agreement prior to such
termination.

 

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4.             Representations and Warranties of the Stockholder. The Stockholder hereby represents and warrants to Acquiror as
to itself as follows:

 

(a)              
The Stockholder is the sole record owner of and a beneficial owner (within the meaning of Rule 13d-3 under the Exchange
Act) of, and has good, valid and marketable title to, the Covered Shares, free and clear of Liens other than as created by this
Agreement. As of the date hereof, other than the Owned Shares, the Stockholder does not own beneficially or of record any shares
of capital stock of the Company (or any securities convertible into shares of capital stock of the Company) or any interest therein.

 

(b)              
The Stockholder (i) except as provided in this Agreement, has full voting power, full power of disposition and full power
to issue instructions with respect to the matters set forth herein, in each case, with respect to the Covered Shares, (ii) has
not entered into any voting agreement or voting trust with respect to any of the Covered Shares that is inconsistent with the Stockholder’s
obligations pursuant to this Agreement, (iii) has not granted a proxy or power of attorney with respect to any of the Covered Shares
that is inconsistent with the Stockholder’s obligations pursuant to this Agreement and (iv) has not entered into any agreement
or undertaking that is otherwise inconsistent with, or would interfere with, or prohibit or prevent it from performing and satisfying,
its obligations pursuant to this Agreement.

 

(c)              
If the Stockholder is an entity, the Stockholder (i) is a legal entity duly organized, validly existing and, to the extent
such concept is applicable, in good standing under the Laws of the jurisdiction of its organization, and (ii) has all requisite
corporate or other power and authority and has taken all corporate or other action necessary in order to, execute, deliver and
perform its obligations under this Agreement and to consummate the transactions contemplated hereby. If the Stockholder is an individual,
the Stockholder has legal competence, capacity and the authority to enter into, deliver and perform its obligations under this
Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Stockholder
and constitutes a valid and binding agreement of the Stockholder enforceable against the Stockholder in accordance with its terms,
subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and similar Laws affecting creditors’
rights generally and subject, as to enforceability, to general principles of equity.

 

(d)              
Other than the filings, notices and reports pursuant to, in compliance with or required to be made under the Exchange Act,
no filings, notices, reports, consents, registrations, approvals, permits, waivers, expirations of waiting periods or authorizations
are required to be obtained by the Stockholder from, or to be given by the Stockholder to, or be made by the Stockholder with,
any Governmental Authority in connection with the execution, delivery and performance by the Stockholder of this Agreement, the
consummation of the transactions contemplated hereby or the Merger and the other transactions contemplated by the Merger Agreement.

 

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(e)              
 The execution, delivery and performance of this Agreement by the Stockholder do not, and the consummation of the transactions
contemplated hereby or the Merger and the other transactions contemplated by the Merger Agreement will not, constitute or result
in (i) if the Stockholder is an entity, a breach or violation of, or a default under, the certificate of incorporation, bylaws,
limited liability company agreement or similar governing documents of the Stockholder, (ii) with or without notice, lapse of time
or both, a breach or violation of, a termination (or right of termination) of or a default under, the loss of any benefit under,
the creation, modification or acceleration of any obligations under or the creation of a Lien on any of the properties, rights
or assets of the Stockholder pursuant to any Contract binding upon the Stockholder or, assuming (solely with respect to performance
of this Agreement and the transactions contemplated hereby), compliance with the matters referred to in Section 4(d), under any
applicable Law to which the Stockholder is subject or (iii) any change in the rights or obligations of any party under any Contract
legally binding upon the Stockholder, except, in the case of clause (ii) or (iii) directly above, for any such breach, violation,
termination, default, creation, acceleration or change that would not, individually or in the aggregate, reasonably be expected
to prevent or materially delay or impair the Stockholder’s ability to perform its obligations hereunder or to consummate
the transactions contemplated hereby, the consummation of the Merger or the other transactions contemplated by the Merger Agreement.

 

(f)               
As of the date of this Agreement, there is no action, proceeding or investigation pending against the Stockholder or, to
the knowledge of the Stockholder, threatened against the Stockholder that questions the beneficial or record ownership of the Covered
Shares, the validity of this Agreement or the performance by the Stockholder of its obligations under this Agreement.

 

(g)              
The Stockholder understands and acknowledges that Acquiror is entering into the Merger Agreement in reliance upon the Stockholder’s
execution and delivery of this Agreement and the representations, warranties, covenants and other agreements of the Stockholder
contained herein.

 

(h)              
No investment banker, broker, finder or other intermediary is entitled to any broker’s, finder’s, financial
advisor’s or other similar fee or commission for which Acquiror or the Company is or will be liable in connection with the
transactions contemplated hereby based upon arrangements made by or, to the knowledge of the Stockholder, on behalf of the Stockholder.

 

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5.             Certain Covenants of the Stockholder. Except in accordance with the terms of this Agreement, the Stockholder hereby
covenants and agrees as follows:

 

(a)              
No Solicitation.

 

(i)                 Prior
to the Termination Date, the Stockholder shall not, and shall use its reasonable best efforts to cause its Affiliates or any
of its and their respective representatives not to, directly or indirectly: (i) solicit, initiate, knowingly encourage or
knowingly facilitate any inquiries regarding a Company Acquisition Proposal; (ii) enter into discussions or negotiations
with, or provide any confidential information or access to confidential information to, any Person relating to any proposal,
offer, inquiry or request for information that constitutes, or could reasonably be expected to result in or lead to, a
possible Company Acquisition Proposal; (iii) approve, endorse or recommend, or propose publicly to approve, endorse or
recommend, any Company Acquisition Proposal; (iv) execute or enter into any agreement or other document or instrument
(whether or not binding) regarding a Company Acquisition Proposal; or (v) resolve or agree to do any of the foregoing. The
Stockholder agrees that promptly following the execution of this Agreement it shall immediately cease and cause to be
terminated, and shall use its reasonable best efforts to cause its Affiliates and all of its and their representatives to
immediately cease and cause to be terminated, all existing discussions or negotiations with any Persons (other than the other
party hereto and its representatives) conducted heretofore with respect to any Company Acquisition Proposal.

 

(ii)               
In addition to the other obligations under this Section 5(a), the Stockholder shall promptly (and in any event within
one (1) Business Day after receipt by the Stockholder) advise the Acquiror orally and in writing of any Company Acquisition Proposal
received by the applicable party, or any inquiry with respect to or which could reasonably be expected to lead to or result in
any Company Acquisition Proposal, the material terms and conditions of such Company Acquisition Proposal, and the identity of the
Person making the same.

 

(b)               Notwithstanding
anything in this Agreement to the contrary: (i) the Stockholder shall not be responsible for the actions of the Company
or the Company Board (or any Committee thereof), any Subsidiary of the Company, or any officers, directors (in their capacity
as such), employees and professional advisors of any of the foregoing (the “Company Related Parties”),
including with respect to any of the matters contemplated by Section 5(a); (ii) the Stockholder makes no
representations or warranties with respect to the actions of any of the Company Related Parties; and (iii) any breach by
the Company of its obligations under Section 6.14 of the Merger Agreement shall not be considered a breach
of Section 5(a) (it being understood for the avoidance of doubt that the Stockholder shall remain
responsible for any breach by it or its representatives (other than any such representative that is a Company Related Party)
of Section 5(a)). Other than as contemplated by the Merger Agreement or the other Ancillary Agreements, the
Stockholder hereby agrees not to, directly or indirectly, (i) sell, transfer, pledge, encumber, assign, hedge, swap, convert
or otherwise dispose of (including by merger (including by conversion into securities or other consideration), by tendering
into any tender or exchange offer, by testamentary disposition, by operation of Law or otherwise), either voluntarily or
involuntarily (collectively, “Transfer”), or enter into any Contract or option with respect to the
Transfer of any of the Covered Shares, or (ii) take any action that would make any representation or warranty of the
Stockholder contained herein untrue or incorrect or have the effect of preventing or disabling the Stockholder from
performing its obligations under this Agreement; provided, however, that nothing herein shall prohibit a
Transfer to an Affiliate of the Stockholder or, if Stockholder is an individual, to any member of Stockholder’s
immediate family or to a trust for the benefit of Stockholder or any member of Stockholder’s immediate family (a
 “Permitted Transfer”); provided, further, that any Permitted Transfer shall be permitted
only if, as a precondition to such Transfer, the transferee agrees in a writing, reasonably satisfactory in form and
substance to Acquiror, to assume all of the obligations of the Stockholder under, and be bound by all of the terms of, this
Agreement; provided, further, that any Transfer permitted under this Section 5(b) shall not relieve the
Stockholder of its obligations under this Agreement. Any Transfer in violation of this Section 5(b) with respect to the
Covered Shares shall be null and void.

 

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(c)              
In furtherance of this Agreement, the Stockholder hereby authorizes and will instruct the Company, promptly after the date
hereof, to prevent any Transfer not permitted hereunder, including by entering a stop transfer order with respect to all of the
Covered Shares and by recording in the books and records of the Company that this Agreement imposes certain transfer restrictions
with respect to the Covered Shares.

 

(d)              
In the event that the Stockholder intends to undertake a Permitted Transfer of any of the Covered Shares, the Stockholder
shall provide notice thereof to Acquiror and shall authorize the Company to, or authorize the Company to instruct any transfer
agent to, (i) lift any stop transfer order in respect of the Covered Shares to be so Transferred in order to effect such Permitted
Transfer only upon certification by Acquiror that the written agreement to be entered into by the transferee agreeing to be bound
by this Agreement pursuant to Section 5(b) hereof is satisfactory to Acquiror and (ii) re-enter any stop transfer order in respect
of the Covered Shares to be so Transferred upon completion of the Permitted Transfer.

 

(e)              
The Stockholder hereby authorizes the Company to maintain a copy of this Agreement at either the executive office or the
registered office of the Company.

 

6.             Further
Assurances. From time to time, at Acquiror’s request and without further consideration, the Stockholder shall execute
and deliver such additional documents and take all such further action as may be reasonably necessary or reasonably requested
to effect the actions and consummate the transactions contemplated by this Agreement (including the Merger). The Stockholder further
agrees not to commence or participate in, and to take all actions necessary to opt out of any class in any class action with respect
to, any action or claim, derivative or otherwise, against Acquiror, Acquiror’s Affiliates, the Company or any of their respective
successors and assigns relating to the negotiation, execution or delivery of this Agreement, the Merger Agreement (including the
Closing Per Share Stock Consideration) or the consummation of the transactions contemplated hereby and thereby.

 

7.             Disclosure. The Stockholder hereby authorizes the Company and Acquiror to publish and disclose in any announcement
or disclosure required by the SEC the Stockholder’s identity and ownership of the Covered Shares and the nature of the Stockholder’s
obligations under this Agreement; provided, that prior to any such publication or disclosure the Company and Acquiror have
provided the Stockholder with an opportunity to review and comment upon such announcement or disclosure, which comments the Company
and Acquiror will consider in good faith; provided, further, that the foregoing proviso shall not apply to any such
publication or disclosure the content of which concerning the foregoing does not substantially differ from any prior such publication
or disclosure.

 

8.             Changes
in Capital Stock. In the event of a stock split, stock dividend or distribution, or any change in the Company’s capital
stock by reason of any split-up, reverse stock split, recapitalization, combination, reclassification, exchange of shares or the
like, the terms “Owned Shares” and “Covered Shares” shall be deemed to refer to and include such shares
as well as all such stock dividends and distributions and any securities into which or for which any or all of such shares may
be changed or exchanged or which are received in such transaction.

 

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9.             Amendment and Modification. This Agreement may not be amended, modified or supplemented in any manner, whether by
course of conduct or otherwise, except by an instrument in writing signed by Acquiror and the Stockholder.

 

10.           Waiver. No failure or delay by any party hereto exercising any right, power or privilege hereunder shall operate
as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise
of any other right, power or privilege. The rights and remedies of the parties hereto hereunder are cumulative and are not exclusive
of any rights or remedies which they would otherwise have hereunder. Any extension or waiver shall be valid only if set forth in
a written instrument signed on behalf of such party, but such extension or waiver or failure to insist on strict compliance with
an obligation, covenant, agreement or condition shall not operate as a waiver of, or estoppel with respect to, any subsequent or
other failure..

 

11.           Notices. All notices and other communications among the parties shall be in writing and shall be deemed to have been
duly given (i) when delivered in person, (ii) when delivered after posting in the United States mail having been sent registered
or certified mail return receipt requested, postage prepaid, (iii) when delivered by FedEx (or other nationally recognized overnight
delivery service) or (iv) when e-mailed, addressed as follows:

 

if to the Stockholder, to it at:

 

[       ]

Attention:       [       ]

Email:            
[       ]

 

with a copy (which shall not constitute notice) to:

 

[     ]

[     ]

Attn:    [     ]

E-mail:[     ]

 

if to Acquiror, to it at:

 

Experience Investment Corp.

100 St. Paul St., Suite 800

Denver, CO 80206

Attn:       Kevin Rohnstock

               Michael Mohapp

E-mail:
  Kevin.Rohnstock@kslcapital.com

               Michael.Mohapp@kslcapital.com

 

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with a copy (which shall not constitute notice) to:

 

Simpson Thacher & Bartlett LLP

425 Lexington Avenue

New York, New York 10017

Attention:     Michael Wolfson

                     Benjamin P. Schaye

Email:           mwolfson@stblaw.com

                      ben.schaye@stblaw.com

 

12.           No Ownership Interest. Nothing contained in this Agreement shall be deemed to vest in Acquiror any direct or indirect
ownership or incidence of ownership of or with respect to the Covered Shares. All rights, ownership and economic benefits of and
relating to the Covered Shares shall remain vested in and belong to the Stockholder, and Acquiror shall have no authority to direct
the Stockholder in the voting or disposition of any of the Covered Shares, except as otherwise provided herein.

 

13.           Entire Agreement. This Agreement and the Merger Agreement constitute the entire agreement and supersede all prior
agreements and understandings, both written and oral, between the parties hereto with respect to the subject matter hereof and
thereof.

 

14.           No
Third-Party Beneficiaries. The Stockholder hereby agrees that its representations, warranties and covenants set forth herein
are solely for the benefit of Acquiror in accordance with and subject to the terms of this Agreement, and this Agreement is not
intended to, and does not, confer upon any Person other than the parties hereto any rights or remedies hereunder, including the
right to rely upon the representations and warranties set forth herein, and the parties hereto hereby further agree that this
Agreement may only be enforced against, and any Action that may be based upon, arise out of or relate to this Agreement, or the
negotiation, execution or performance of this Agreement may only be made against, the Persons expressly named as parties hereto;
provided, that the Company shall be an express third party beneficiary with respect to Section 4 and Section 5(b) hereof.

 

15.           Governing
Law and Venue; Service of Process; Waiver of Jury Trial.

 

(a)              
This Agreement, the rights and duties of the parties hereto, and any disputes (whether in contract, tort or statute) arising
out of, under or in connection with this Agreement will be governed by and construed and enforced in accordance with the Laws of
the State of Delaware, without giving effect to any principles or rules of conflict of Laws to the extent such principles or rules
would require or permit the application of the Laws of another jurisdiction.

 

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(b)              Each
of the parties hereto hereby irrevocably and unconditionally (i) submits, for itself and its property, to the exclusive
jurisdiction of the Delaware Court of Chancery (or, only if the Delaware Court of Chancery declines to accept jurisdiction
over a particular matter, the United States District Court for the Southern District of New York located in New York, New
York or, if such court declines to accept jurisdiction, then any court of the State of New York sitting in the borough of
Manhattan), and any appellate court from any thereof, in any Action arising out of or relating to this Agreement or the
negotiation, execution or performance of this Agreement (including any Action based upon, arising out of or related to any
representation or warranty made in or in connection with this Agreement), or for recognition or enforcement of any judgment,
and agrees that all claims in respect of any such Actions shall be heard and determined in such Delaware Court of Chancery
(or, only if the Delaware Court of Chancery declines to accept jurisdiction over a particular matter, the United States
District Court for the Southern District of New York located in New York, New York or, if such court declines to accept
jurisdiction, then any court of the State of New York sitting in the borough of Manhattan), (ii) waives, to the fullest
extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any
Action arising out of or relating to this Agreement or the negotiation, execution or performance of this Agreement (including
any Action based upon, arising out of or related to any representation or warranty made in or in connection with this
Agreement) in the Delaware Court of Chancery, the United States District Court for the Southern District of New York located
in New York, New York or any court of the State of New York sitting in the borough of Manhattan, (iii) waives, to the fullest
extent permitted by Law, the defense of an inconvenient forum to the maintenance of such Action in any such court and (iv)
agrees that a final judgment in any such Action shall be conclusive and may be enforced in other jurisdictions by suit on the
judgment or in any other manner provided by Law. Each of the parties hereto agrees that service of process, summons, notice
or document by registered mail addressed to it at the applicable address in Section 11 shall be effective service of process
for any Action brought in any such court or in such other manner as may be permitted by Law, will be valid and sufficient
service thereof.

 

(c)              
To the extent not prohibited by applicable Law that cannot be waived, each of the
parties hereto irrevocably waives any right it may have to trial by jury in respect of any litigation based on, arising out of,
under or in connection with this Agreement, including but not limited to any course of conduct, course of dealing, verbal or written
statement or action of any party hereto.

 

16.           Assignment; Successors. Neither this Agreement nor any of the rights, interests or obligations hereunder shall be
assigned by any of the parties hereto in whole or in part (whether by operation of Law or otherwise) without the prior written
consent of each other party, and any such assignment without such consent shall be null and void. This Agreement shall be binding
upon, inure to the benefit of and be enforceable by the parties hereto and their respective successors and permitted assigns.

 

17.           Enforcement.
The rights and remedies of the parties shall be cumulative with and not exclusive of any other remedy conferred hereby. The
parties agree that irreparable damage would occur and that the parties would not have any adequate remedy at law in the event
that any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise
breached. It is accordingly agreed that the parties shall be entitled to an injunction or injunctions to prevent breaches or
threatened breaches of this Agreement and to enforce specifically the terms and provisions of this Agreement, including the
Stockholder’s obligations to vote or provide its written consent with respect to the Covered Shares as provided in this
Agreement, in the applicable court as determined in accordance with Section 15(b) hereof, without proof of actual damages or
otherwise (and each party hereby waives any requirement for the securing or posting of any bond in connection with such
remedy), this being in addition to any other remedy to which they are entitled at law or in equity.

 

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18.           Severability. If any provision of this Agreement is held invalid or unenforceable by any court of competent jurisdiction,
the other provisions of this Agreement shall remain in full force and effect. The parties further agree that if any provision contained
herein is, to any extent, held invalid or unenforceable in any respect under the Laws governing this Agreement, they shall take
any actions necessary to render the remaining provisions of this Agreement valid and enforceable to the fullest extent permitted
by Law and, to the extent necessary, shall amend or otherwise modify this Agreement to replace any provision contained herein that
is held invalid or unenforceable with a valid and enforceable provision giving effect to the intent of the parties.

 

19.           Counterparts.
This Agreement may be executed in two or more counterparts for the convenience of the parties hereto, each of which shall be deemed
an original and all of which together will constitute one and the same instrument. Delivery of an executed counterpart of a signature
page, including any electronic signature complying with the U.S. federal ESIGN Act of 2000 (e.g. www.docusign.com), to this Agreement
by facsimile or by e-mail in “portable document format” shall be effective as delivery of a mutually executed counterpart
to this Agreement.

 

20.           Interpretation and Construction. The words “hereof,” “herein” and “hereunder”
and words of like import used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of
this Agreement. The descriptive headings used herein are inserted for convenience of reference only and are not intended to be
part of or to affect the meaning or interpretation of this Agreement. References to Sections are to Sections of this Agreement
unless otherwise specified. Any singular term in this Agreement shall be deemed to include the plural, and any plural term the
singular. The definitions contained in this Agreement are applicable to the masculine as well as to the feminine and neuter genders
of such term. Whenever the words “include,” “includes” or “including” are used in this Agreement,
they shall be deemed to be followed by the words “without limitation,” whether or not they are in fact followed by
those words or words of like import. “Writing,” “written” and comparable terms refer to printing, typing
and other means of reproducing words (including electronic media) in a visible form. References to any statute shall be deemed
to refer to such statute and to any rules or regulations promulgated thereunder. References to any person include the successors
and permitted assigns of that person. References from or through any date mean, unless otherwise specified, from and including
such date or through and including such date, respectively. In the event an ambiguity or question of intent or interpretation arises,
this Agreement will be construed as if drafted jointly by the Parties, and no presumption or burden of proof will arise favoring
or disfavoring any Party by virtue of the authorship of any of the provisions of this Agreement.

 

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21.           Capacity
as a Stockholder. Notwithstanding anything herein to the contrary, the Stockholder signs this Agreement solely in the Stockholder’s
capacity as a stockholder of the Company, and not in any other capacity and this Agreement shall not limit or otherwise affect
the actions of any Affiliate, employee or designee of the Stockholder or any of its Affiliates in his or her capacity, if applicable,
as an officer or director of the Company or any other Person.

 

[The remainder of this page is intentionally
left blank.]

 

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IN WITNESS WHEREOF, the parties hereto have
caused this Agreement to be executed (where applicable, by their respective officers or other authorized Persons thereunto duly
authorized) as of the date first written above.

 

	 	EXPERIENCE INVESTMENT CORP.
	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

	 	EXPERIENCE MERGER SUB, INC.
	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

     

     

    

 

		[STOCKHOLDER]

 

	 	By:	 
	 	 	Name:
	 	 	Title:

 

     

     

    

 

Exhibit A

 

WRITTEN CONSENT

IN LIEU OF A

MEETING OF STOCKHOLDERS

OF

BLADE URBAN AIR MOBILITY, INC.

 

 

 

[●], 20[●]

 

 

 

The undersigned (the “Stockholder”),
being the holder of shares of common stock [and preferred stock] of BLADE Urban Air Mobility, Inc., a Delaware corporation, (the
 “Company”), acting pursuant to Section 228(a) and Section 251 of the General Corporation Law of the State of
Delaware (the “DGCL”), does hereby irrevocably and unconditionally consent to the adoption of the following
resolutions in lieu of a meeting with respect to all of the shares of common stock and preferred stock of the Company held by the
Stockholder:

 

MERGER AGREEMENT

 

WHEREAS, the Company has entered into an
Agreement and Plan of Merger, dated as of December 14, 2020 (the “Merger Agreement”), by and among the Company,
Experience Investment Corp., a Delaware corporation (“Acquiror”) and Experience Merger Sub, Inc., a Delaware
corporation (“Merger Sub”), a copy of which has been provided to the undersigned Stockholder (capitalized terms
used herein without definition shall have the respective meaning ascribed to them in the Merger Agreement);

 

WHEREAS,
pursuant to the Merger Agreement, Merger Sub will be merged with and into the Company (the “Merger”),
with the Company continuing as the surviving corporation of the Merger, upon the terms and subject to the conditions set forth
in the Merger Agreement;

 

WHEREAS, the Board has (i) determined that
it is in the best interests of the Company and its stockholders, and declared it advisable, to enter into the Merger Agreement
and to consummate the transactions contemplated thereby, including the Merger, (ii) approved the Merger Agreement and the execution,
delivery and performance thereof and the consummation of the transactions contemplated thereby, including the Merger, upon the
terms and subject to the conditions set forth in the Merger Agreement, and (iii) subject to Section 6.08 of the Merger Agreement,
resolved to recommend the adoption of the Merger Agreement and the approval of the transactions contemplated thereby, including
the Merger, by the holders of the shares of the Company Stock, upon the terms and subject to the conditions set forth therein;
and

 

     

     

    

 

WHEREAS, the affirmative vote in favor of
the adoption of the Merger Agreement by a majority of the votes entitled to be cast thereon by the stockholders of the Company
is required pursuant to Section 251 of the DGCL, upon the terms and subject to the conditions set forth in the Merger Agreement;
now, therefore, be it

 

RESOLVED, that the Merger Agreement and
the transactions contemplated thereby, including the Merger, are hereby adopted and approved in all respects, and the undersigned
Stockholder hereby votes and provides its written consent with respect to all of the shares of common stock and preferred stock
held by the Stockholder in favor of the adoption and approval of the Merger Agreement and the transactions contemplated thereby,
including the Merger; and

 

FURTHER RESOLVED, that the undersigned Stockholder
hereby waives any and all irregularities of notice, with respect to the time and place of meeting, and any and all other procedural
deficiencies and consents to the transaction of all business represented by this written consent.

 

[Remainder of page intentionally
left blank.

Signature page follows.]

 

    2

     

    

 

IN
WITNESS WHEREOF, the undersigned stockholder has caused this consent to be duly executed as of the date first written above.

 

		[STOCKHOLDER]

 

	 	By:	 
	 	 	Name:
	 	 	[Title:]Exhibit 10.4

 

FORM OF SUBSCRIPTION AGREEMENT

 

This SUBSCRIPTION AGREEMENT
(this “Subscription Agreement”) is entered into as of December 14, 2020 by and between Experience Investment
Corp., a Delaware corporation (the “Issuer”), and the undersigned (“Subscriber”). Defined
terms used but not otherwise defined herein shall have the respective meanings ascribed thereto in the Merger Agreement (as defined
below).

 

WHEREAS, the Issuer,
BLADE Urban Air Mobility, Inc., a Delaware corporation (“Blade”), and Experience Merger Sub, Inc., a Delaware
corporation (“Merger Sub”), are entering into that certain Agreement and Plan of Merger, dated on or around
the date hereof (as amended, modified, supplemented or waived from time to time in accordance with its terms, the “Merger
Agreement”), pursuant to which, inter alia, Merger Sub will be merged with and into Blade, with Blade surviving
as a wholly owned subsidiary of the Issuer, on the terms and subject to the conditions set forth therein (the “Merger”
and, together with the other transactions contemplated by the Merger Agreement, the “Transactions”);

 

WHEREAS, in connection
with the Transactions, Subscriber desires to subscribe for and purchase from the Issuer the number of shares of the Issuer’s
Class A common stock, par value $0.0001 per share (the “Class A common stock”), set forth on Subscriber’s
signature page hereto (the “Shares”) for a purchase price of $10.00 per share and an aggregate purchase price
as set forth on Subscriber’s signature page hereto (the “Purchase Price”), and the Issuer desires to issue
and sell to Subscriber the Shares in consideration of the payment of the Purchase Price therefor by or on behalf of Subscriber
to the Issuer, all on the terms and conditions set forth herein; and

 

WHEREAS, certain other
investors (excluding Experience Sponsor LLC and its Affiliates (collectively, the “Sponsor”)) (each, an “Other
Subscriber”) are entering into separate subscription agreements with the Issuer (each, an “Other Subscription
Agreement”), pursuant to which such investors have agreed or will agree to purchase Class A common stock (collectively
with the Shares to be purchased hereunder, the “PIPE Securities”) on the Closing Date at the same per share
purchase price as Subscriber;

 

NOW, THEREFORE, in consideration
of the foregoing and the mutual representations, warranties and covenants, and subject to the conditions, herein contained, and
intending to be legally bound hereby, the parties hereto hereby agree as follows:

 

For ease of administration,
this single Subscription Agreement is being executed so as to enable each Subscriber identified on the signature page to enter
into a Subscription Agreement, severally, but not jointly. The parties agree that (i) the Subscription Agreement shall be
treated as if it were a separate agreement with respect to each Subscriber listed on the signature page, as if each Subscriber
entity had executed a separate Subscription Agreement naming only itself as Subscriber, and (ii) no Subscriber listed on the
signature page shall have any liability under the Subscription Agreement for the obligations of any other Subscriber so listed.

 

1.                  
Subscription. Subject to the terms and conditions hereof, at the Closing (as
defined below), Subscriber hereby agrees to irrevocably subscribe for and purchase, and the Issuer hereby agrees to issue and sell
to Subscriber, upon the payment of the Purchase Price, the Shares (such subscription and issuance, the “Subscription”).

 

    	 	 	 

     

    

 

2.           Representations,
Warranties and Agreements.

 

2.1         Subscriber’s Representations, Warranties and Agreements. To induce the Issuer to issue the Shares to
Subscriber, Subscriber hereby represents and warrants to the Issuer and acknowledges and agrees with the Issuer as follows:

 

2.1.1      If Subscriber is not an individual, Subscriber has been duly formed or incorporated and is validly existing in good
standing under the laws of its jurisdiction of incorporation or formation, with power and authority to enter into, deliver and
perform its obligations under this Subscription Agreement. If Subscriber is an individual, Subscriber has the authority to enter
into, deliver and perform its obligations under this Subscription Agreement.

 

2.1.2      If Subscriber is not an individual, this Subscription Agreement has been duly authorized, validly executed and delivered
by Subscriber. If Subscriber is an individual, the signature on this Subscription Agreement is genuine, and Subscriber has legal
competence and capacity to execute the same. Assuming that this Subscription Agreement constitutes the valid and binding agreement
of the Issuer, this Subscription Agreement is the valid and binding obligation of Subscriber, is enforceable against Subscriber
in accordance with its terms, except as may be limited or otherwise affected by (i) bankruptcy, insolvency, fraudulent conveyance,
reorganization, moratorium or other laws relating to or affecting the rights of creditors generally, and (ii) principles of
equity, whether considered at law or equity.

 

2.1.3      The execution, delivery and performance by Subscriber of this Subscription Agreement and the consummation of the
transactions contemplated herein do not and will not (i) conflict with or result in a breach or violation of any of the terms
or provisions of, or constitute a default under, or result in the creation or imposition of any lien, charge or encumbrance upon
any of the property or assets of Subscriber or any of its subsidiaries pursuant to the terms of any indenture, mortgage, deed of
trust, loan agreement, lease, license or other agreement or instrument to which Subscriber or any of its subsidiaries is a party
or by which Subscriber or any of its subsidiaries is bound or to which any of the property or assets of Subscriber or any of its
subsidiaries is subject, which would reasonably be expected to have a material adverse effect on the legal authority or ability
of Subscriber to enter into or timely perform its obligations under this Subscription Agreement (a “Subscriber Material
Adverse Effect”), (ii) if Subscriber is not an individual, result in any breach or violation of the provisions of
the organizational documents of Subscriber or any of its subsidiaries or (iii) result in any violation of any statute or any
judgment, order, rule or regulation of any court or governmental agency or body, domestic or foreign, having jurisdiction over
Subscriber or, if applicable, any of its subsidiaries or any of their respective properties that would reasonably be expected to
have a Subscriber Material Adverse Effect.

 

2.1.4      Subscriber
(i) is a “qualified institutional buyer” (as defined in Rule 144A under the Securities Act of 1933, as
amended (the “Securities Act”)) or an “accredited investor” (within the meaning of
Rule 501(a)(1), (2), (3), (5), (6) or (7)  under the Securities Act) satisfying the applicable requirements set
forth on Schedule I hereto, (ii) is acquiring the Shares only for its own account and not for the account of
others, or if Subscriber is subscribing for the Shares as a fiduciary or agent for one or more investor accounts, each owner
of such account is a qualified institutional buyer, and Subscriber has full investment discretion with respect to each such
account, and the full power and authority to make the acknowledgements, representations, warranties and agreements herein on
behalf of each owner of each such account and (iii) is not acquiring the Shares with a view to, or for offer or sale in
connection with, any distribution thereof in violation of the Securities Act (and shall provide the requested information on Schedule
I hereto). If Subscriber is not an individual, Subscriber is not an entity formed for the specific purpose of acquiring
the Shares and is an “institutional account” as defined by FINRA Rule 4512(c).

 

    	 	2	 

     

    

 

2.1.5      Subscriber understands that the Shares are being offered in a transaction not involving any public offering within
the meaning of the Securities Act and that the Shares have not been registered under the Securities Act. Subscriber understands
that the Shares may not be resold, transferred, pledged or otherwise disposed of by Subscriber absent an effective registration
statement under the Securities Act, except (i) to the Issuer or a subsidiary thereof, (ii) to non-U.S. persons pursuant
to offers and sales that occur solely outside the United States within the meaning of Regulation S under the Securities Act or
(iii) pursuant to another applicable exemption from the registration requirements of the Securities Act, and in each of cases
(i) and (iii), in accordance with any applicable securities laws of the states and other jurisdictions of the United States,
and that any certificates representing the Shares shall contain a legend, or each register for the Shares in book entry form shall
contain a notation, to such effect. Subscriber acknowledges that the Shares will not be eligible for resale pursuant to Rule 144A
promulgated under the Securities Act. Subscriber understands and agrees that the Shares will be subject to transfer restrictions
and, as a result of these transfer restrictions, Subscriber may not be able to readily resell the Shares and may be required to
bear the financial risk of an investment in the Shares for an indefinite period of time. Subscriber understands that it has been
advised to consult legal counsel prior to making any offer, resale, pledge or transfer of any of the Shares.

 

2.1.6      Subscriber understands and agrees that Subscriber is purchasing the Shares directly from the Issuer. Subscriber further
acknowledges that there have not been, and Subscriber hereby agrees that it is not relying on, any representations, warranties,
covenants or agreements made to Subscriber by Deutsche Bank Securities Inc., Credit Suisse Securities (USA) LLC, Citigroup Global
Markets Inc. and J.P. Morgan Securities LLC (collectively, the “Placement Agents”), the Issuer, Blade, or any
of their respective affiliates or any control persons, officers, directors, partners, agents or representatives, any other party
to the Transaction or any other person or entity, expressly or by implication, other than those representations, warranties, covenants
and agreements expressly set forth in this Subscription Agreement.

 

2.1.7      Subscriber’s acquisition and holding of the Shares will not constitute or result in a non-exempt prohibited
transaction under Section 406 of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”),
Section 4975 of the Internal Revenue Code of 1986, as amended (the “Code”), or any applicable similar law.

 

    	 	3	 

     

    

 

2.1.8      In
making its decision to purchase the Shares, Subscriber has relied solely upon independent investigation made by Subscriber.
Without limiting the generality of the foregoing, Subscriber has not relied on any statements or other information provided
by anyone other than the Issuer and its representatives concerning the Issuer or the Shares or the offer and sale of the
Shares. Subscriber acknowledges and agrees that Subscriber has received access to, and has had an adequate opportunity to
review, such information as Subscriber deems necessary in order to make an investment decision with respect to the Shares,
including with respect to the Issuer, Blade and the Transactions, and made its own assessment and is satisfied concerning the
relevant tax and other economic considerations relevant to the Subscriber’s investment in the Shares. Without limiting
the generality of the foregoing, Subscriber acknowledges that it has reviewed (i) the Issuer’s filings with the
Securities and Exchange Commission (the “Commission”) and (ii) a presentation with respect to Blade
provided to Subscriber by the Issuer (the “Target Disclosure”). Subscriber represents and agrees that
Subscriber and Subscriber’s professional advisor(s), if any, have had the full opportunity to ask such questions,
receive such answers and obtain such information as Subscriber and such Subscriber’s professional advisor(s), if any,
have deemed necessary to make an investment decision with respect to the Shares. Subscriber further acknowledges that any
information contained in Target Disclosure is preliminary and subject to change, and that any changes to the information
contained in the Target Disclosure, including, without limitation, any changes based on updated information or changes in
terms of the Transaction, shall in no way affect Subscriber’s obligation to purchase the Shares hereunder, except as
otherwise provided herein. Subscriber acknowledges and agrees that (i) none of the Placement Agents, or any affiliate of the
Placement Agents, has provided Subscriber with any information or advice with respect to the Shares nor is such information
or advice necessary or desired and (ii) none of the Placement Agents nor any of their respective affiliates has prepared any
disclosure or offering document in connection with the offer and sale of the Shares. None of the Placement Agents or any of
their respective affiliates has made or makes any representation as to the Issuer, Blade or the quality or value of the
Shares and the Placement Agents and any of their respective affiliates may have acquired non-public information with respect
to the Issuer or Blade which Subscriber agrees need not be provided to it. In connection with the issuance of the Shares to
Subscriber, none of the Placement Agents or any of their respective affiliates has acted as a financial advisor or fiduciary
to Subscriber. Subscriber agrees that none of the Placement Agents shall be liable to any Subscriber for any action
heretofore or hereafter taken or omitted to be taken by any of them in connection with the Subscriber’s purchase of the
Shares.

 

2.1.9      Subscriber became aware of this offering of the Shares solely by means of direct contact between Subscriber and the
Issuer or its representatives. Subscriber has a pre-existing substantive relationship (as interpreted in guidance from the Commission
under the Securities Act) with the Issuer or its representatives, and the Shares were offered to Subscriber solely by direct contact
between Subscriber and the Issuer or its representatives. Subscriber did not become aware of this offering of the Shares, nor were
the Shares offered to Subscriber, by any other means. Subscriber acknowledges that the Issuer represents and warrants that the
Shares (i) were not offered by any form of general solicitation or general advertising, including methods described in Section
502(c) of Regulation D under the Securities Act and (ii) are not being offered in a manner involving a public offering
under, or in a distribution in violation of, the Securities Act, or any state securities laws.

 

2.1.10    Subscriber acknowledges that it is aware that there are substantial risks incident to the purchase and ownership
of the Shares. Subscriber has such knowledge and experience in financial and business matters as to be capable of evaluating the
merits and risks of an investment in the Shares, and Subscriber has sought such accounting, legal and tax advice as Subscriber
has considered necessary to make an informed investment decision. Subscriber (i) if not an individual, is an institutional account
as defined in FINRA Rule 4512(c), (ii) is a sophisticated investor, experienced in investing in private equity transactions and
capable of evaluating investment risks independently, both in general and with regard to all transactions and investment strategies
involving a security or securities, and (iii) has exercised independent judgment in evaluating its participation in the purchase
of the Shares. If the Subscriber is not an individual, Subscriber understands and acknowledges that the purchase and sale of the
Shares hereunder meets (i) the exemptions from filing under FINRA Rule 5123(b)(1)(A) and (ii) the institutional customer exemption
under FINRA Rule 2111(b).

 

2.1.11    Alone, or together with any professional advisor(s), Subscriber has adequately analyzed and fully considered the
risks of an investment in the Shares and determined that the Shares are a suitable investment for Subscriber and that Subscriber
is able at this time and in the foreseeable future to bear the economic risk of a total loss of Subscriber’s investment in
the Issuer. Subscriber acknowledges specifically that a possibility of total loss exists.

 

    	 	4	 

     

    

 

2.1.12     Subscriber
understands and agrees that no federal or state agency has passed upon or endorsed the merits of the offering of the Shares or
made any findings or determination as to the fairness of an investment in the Shares.

 

2.1.13     Subscriber is not (i) a person or entity named on the List of Specially Designated Nationals and Blocked Persons
administered by the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) or in any Executive
Order issued by the President of the United States and administered by OFAC (“OFAC List”), or a person or entity
prohibited by any OFAC sanctions program, (ii) a Designated National as defined in the Cuban Assets Control Regulations, 31
C.F.R. Part 515 or (iii) a non-U.S. shell bank or providing banking services indirectly to a non-U.S. shell bank. Subscriber
agrees to provide law enforcement agencies, if requested thereby, such records as required by applicable law, provided that
Subscriber is permitted to do so under applicable laws. If Subscriber is a financial institution subject to the Bank Secrecy Act
(31 U.S.C. Section 5311 et seq.) (the “BSA”), as amended by the USA PATRIOT Act of 2001 (the “PATRIOT
Act”), and its implementing regulations (collectively, the “BSA/PATRIOT Act”), that Subscriber maintains
policies and procedures reasonably designed to comply with applicable obligations under the BSA/PATRIOT Act. To the extent required,
Subscriber maintains policies and procedures reasonably designed for the screening of its investors against the OFAC sanctions
programs, including the OFAC List. Subscriber further represents and warrants that, to the extent required, it maintains policies
and procedures reasonably designed to ensure that the funds held by Subscriber and used to purchase the Shares were legally derived.

 

2.1.14     If Subscriber is an employee benefit plan that is subject to Title I of ERISA, a plan, an individual retirement account
or other arrangement that is subject to Section 4975 of the Code or an employee benefit plan that is a governmental plan (as defined
in Section 3(32) of ERISA), a church plan (as defined in Section 3(33) of ERISA), a non-U.S. plan (as described in Section 4(b)(4) of
ERISA) or other plan that is not subject to the foregoing but may be subject to provisions under any other federal, state, local,
non-U.S. or other laws or regulations that are similar to such provisions of ERISA or the Code (collectively, “Similar
Laws”), or an entity whose underlying assets are considered to include “plan assets” of any such plan, account
or arrangement (each, a “Plan”) subject to the fiduciary or prohibited transaction provisions of ERISA or Section
4975 of the Code, Subscriber represents and warrants that neither Issuer, nor any of its respective affiliates (the “Transaction
Parties”) has acted as the Plan’s fiduciary, or has been relied on for advice, with respect to its decision to
acquire and hold the Shares, and none of the Transaction Parties shall at any time be relied upon as the Plan’s fiduciary
with respect to any decision to acquire, continue to hold or transfer the Shares.

 

2.1.15     Except (i) as expressly disclosed in a Schedule 13D or Schedule 13G (or amendments thereto) filed by Subscriber
with the Commission with respect to the beneficial ownership of the Issuer’s common stock prior to the date hereof and (ii) as
a result of the entry into this Subscription Agreement, Subscriber is not currently (and at all times through Closing will refrain
from being or becoming) a member of a “group” (within the meaning of Section 13(d)(3) or Section 14(d)(2) of
the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or any successor provision), including
any group acting for the purpose of acquiring, holding or disposing of equity securities of the Issuer (within the meaning of Rule 13d-5(b)(1) under
the Exchange Act).

 

2.1.16     No
foreign person (as defined in 31 C.F.R. Part 800.224) in which the national or subnational governments of a single foreign
state have a substantial interest (as defined in 31 C.F.R. Part 800.244) will acquire a substantial interest in the Issuer as
a result of the purchase and sale of Shares hereunder such that a declaration to the Committee on Foreign Investment in the
United States would be mandatory under 31 C.F.R. Part 800.401, and no foreign person will have control (as defined in 31
C.F.R. Part 800.208) over the Issuer from and after the Closing as a result of the purchase and sale of Shares hereunder.

 

    	 	5	 

     

    

 

2.1.17     Subscriber has (or has access to), and on each date the Purchase Price would be required to be funded to the Issuer
pursuant to Section ‎3.1 will have, sufficient immediately available funds to pay the Purchase Price pursuant
to Section ‎3.1. Subscriber was not formed for the purpose of acquiring the Shares.

 

2.1.18     Subscriber agrees that, from the date of this Subscription Agreement, none of Subscriber, its controlled affiliates,
or any person or entity acting on behalf of Subscriber or any of its controlled affiliates or pursuant to any understanding with
Subscriber or any of its controlled affiliates will engage in any hedging or other transactions or arrangements (including, without
limitation, any short sale or the purchase or sale of, or entry into, any put or call option, or combination thereof, forward,
swap or any other derivative transaction or instrument, however described or defined) designed or intended, or which could reasonably
be expected to lead to or result in, a sale, loan, pledge or other disposition or transfer (whether by Subscriber or any other
person) of any economic consequences of ownership, in whole or in part, directly or indirectly, of any securities of the Issuer
prior to the Closing, whether any such transaction or arrangement (or instrument provided for thereunder) would be settled by delivery
of securities of the Issuer, in cash or otherwise, or to publicly disclose the intention to undertake any of the foregoing; provided
that, for the avoidance of doubt, this Section 2.1.18 shall not apply to (a) any sale (including the exercise of any redemption
right) of securities of the Issuer (i) held by Subscriber, its controlled affiliates or any person or entity acting on behalf of
Subscriber or any of its controlled affiliates prior to the execution of this Subscription Agreement or (ii) purchased by Subscriber,
its controlled affiliates or any person or entity acting on behalf of Subscriber or any of its controlled affiliates in open market
transactions after the execution of this Agreement or (b) ordinary course, non-speculative hedging transactions. Nothing in this
Section 2.1.18 prohibits any other investment portfolios of the Subscriber that have no knowledge of this Subscription Agreement
or of Subscriber’s participation in this transaction (including Subscriber’s controlled affiliates and/or affiliates)
from entering into any short sales or engaging in other hedging transactions; provided that neither Subscriber nor any of its affiliates
with such knowledge have directed or otherwise caused such investment portfolios or other affiliates to become involved with, enter
into, or engage in, short sales or other hedging transactions involving the Issuer.

 

2.1.19     Subscriber represents that no disqualifying event described in Rule 506(d)(1)(i)-(viii) under the Securities Act
(a “Disqualification Event”) is applicable to Subscriber or any of its Rule 506(d) Related Parties (as defined below),
except, if applicable, for a Disqualification Event as to which Rule 506(d)(2)(ii) or (iii) or (d)(3) is applicable. Subscriber
hereby agrees that it shall notify the Issuer promptly in writing in the event a Disqualification Event becomes applicable to Subscriber
or any of its Rule 506(d) Related Parties, except, if applicable, for a Disqualification Event as to which Rule 506(d)(2)(ii) or
(iii) or (d)(3) is applicable. For purposes of this Section 4(q), “Rule 506(d) Related Party” shall mean a person or
entity that is a beneficial owner of Subscriber’s securities for purposes of Rule 506(d) under the Securities Act.

 

2.1.20     No broker, finder or other financial consultant has acted on behalf of Subscriber in connection with this Subscription
Agreement or the transactions contemplated hereby in such a way as to create any liability on the Issuer.

 

2.1.21     If
Subscriber is an individual, then the Subscriber resides in the state or province identified in the address of the Subscriber
set forth on the signature page hereto. If Subscriber is not an individual, then the office or offices of Subscriber where
its principal place of business is located is identified in the address or addresses of Subscriber set forth on the signature
page hereto.

 

    	 	6	 

     

    

 

2.2         Issuer’s Representations, Warranties and Agreements. To induce Subscriber to purchase the Shares, the
Issuer hereby represents and warrants to Subscriber and agrees with Subscriber as follows:

 

2.2.1       The Issuer has been duly incorporated and is validly existing as a corporation in good standing under the Delaware
General Corporation Law (“DGCL”), with corporate power and authority to own, lease and operate its properties
and conduct its business as presently conducted and to enter into, deliver and perform its obligations under this Subscription
Agreement.

 

2.2.2       The Shares have been duly authorized and, when issued and delivered to Subscriber against full payment for the Shares
in accordance with the terms of this Subscription Agreement and registered with the Issuer’s transfer agent, the Shares will
be validly issued, fully paid and non-assessable and will not have been issued in violation of or subject to any preemptive or
similar rights created under the Issuer’s amended and restated certificate of incorporation or under the DGCL.

 

2.2.3       This Subscription Agreement has been duly authorized, validly executed and delivered by the Issuer and, assuming
that this Subscription Agreement constitutes the valid and binding obligation of Subscriber, is the valid and binding obligation
of the Issuer, is enforceable against the Issuer in accordance with its terms, except as may be limited or otherwise affected by
(i) bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or other laws relating to or affecting the rights
of creditors generally and (ii) principles of equity, whether considered at law or equity.

 

2.2.4       The execution, delivery and performance of this Subscription Agreement (including compliance by the Issuer with all
of the provisions hereof), issuance and sale of the Shares and the consummation of the certain other transactions contemplated
herein will not (i) conflict with or result in a breach or violation of any of the terms or provisions of, or constitute a
default under, or result in the creation or imposition of any lien, charge or encumbrance upon any of the property or assets of
the Issuer or any of its subsidiaries pursuant to the terms of any indenture, mortgage, deed of trust, loan agreement, lease, license
or other agreement or instrument to which the Issuer or any of its subsidiaries is a party or by which the Issuer or any of its
subsidiaries is bound or to which any of the property or assets of the Issuer or any of its subsidiaries is subject, which would
reasonably be expected to have a material adverse effect on the legal authority or ability of the Issuer to enter into or timely
perform its obligations under this Subscription Agreement (a “Issuer Material Adverse Effect”), (ii) result
in any breach or violation of the provisions of the organizational documents of the Issuer or any of its subsidiaries or (iii) result
in any violation of any statute or any judgment, order, rule or regulation of any court or governmental agency or body, domestic
or foreign, having jurisdiction over the Issuer or any of its subsidiaries or any of their respective properties that would reasonably
be expected to have an Issuer Material Adverse Effect.

 

2.2.5       Neither
the Issuer, nor any person acting on its behalf has, directly or indirectly, made any offers or sales of any Issuer security
or solicited any offers to buy any security under circumstances that would adversely affect reliance by the Issuer on
Section 4(a)(2) of the Securities Act for the exemption from registration for the transactions contemplated hereby
or would require registration of the issuance of the Shares pursuant to this Subscription Agreement under the Securities
Act.

 

    	 	7	 

     

    

 

2.2.6       Neither the Issuer nor any person acting on its behalf has conducted any general solicitation or general advertising,
including methods described in Section 502(c) of Regulation D under the Securities Act, in connection with the offer or sale
of any of the Shares and neither the Issuer nor any person acting on its behalf offered any of the Shares in a manner involving
a public offering under, or in a distribution in violation of, the Securities Act or any state securities laws.

 

2.2.7       Concurrently with the execution and delivery of this Subscription Agreement, the Issuer is entering into the Other
Subscription Agreements providing for the sale of certain PIPE Securities and a subscription agreement with Sponsor (any such agreement,
the “Sponsor Subscription Agreement”) for the sale of certain shares of Class A common stock. Neither Issuer
nor any of its Affiliates has entered into any side letter agreements or other agreements or understandings (including written
summaries of any oral understandings) with any Other Subscriber in connection with the transactions contemplated by the Other Subscription
Agreements, other than (a) Other Subscription Agreements and (b) as disclosed to Subscriber by Issuer prior to the date
hereof. No Other Subscription Agreement or any Sponsor Subscription Agreement includes or will include terms and conditions materially
more advantageous to any Other Subscriber or to the Sponsor with respect to the purchase and sale of Class A common stock by the
Sponsor than to Subscriber hereunder and any Sponsor Subscription Agreement and the Other Subscription Agreements reflect the same
purchase price per share.

 

2.2.8       The
authorized capital stock of the Issuer immediately prior to the Closing will consist of 111,000,000 shares of capital stock
as follows: (a) 100,000,000 shares of Class A common stock, (b) 10,000,000 shares of Class B common
stock, par value $0.0001 per share (“Authorized Class B Shares”); and (c) 1,000,000 shares of
preferred stock, par value $0.0001 per share (“Authorized Preferred Shares”). As of the date hereof, and
as of immediately prior to the completion of the Transactions (prior to giving effect to (x) any redemption of any
Class A common stock held by the Issuer’s public shareholders in connection with the consummation of the
Transactions and (y) the issuance of the PIPE Securities): (i) no Preferred Shares are and will be issued and
outstanding; (ii) 27,500,000 Authorized Class A Shares are and will be issued and outstanding; (iii) 6,875,000
Authorized Class B Shares are and will be issued and outstanding; (iv) up to 5,000,000 warrants to purchase up to
an aggregate of 5,000,000 shares of Class A common stock (the “Private Placement Warrants”) are and
will be outstanding; and (v) 9,166,667 warrants to purchase an aggregate of 9,166,667 shares of Class A common
stock (the “Public Warrants”) are and will be outstanding. All (i) issued and outstanding shares of
Class A common stock and Authorized Class B Shares have been duly authorized and validly issued, are fully paid and
are non-assessable and are not subject to preemptive rights and (ii) outstanding Private Placement Warrants and Public
Warrants have been duly authorized and validly issued, are fully paid and are not subject to preemptive rights. Except as set
forth above and pursuant to any Sponsor Subscription Agreement, Other Subscription Agreements and the Merger Agreement, there
are no outstanding options, warrants or other rights to subscribe for, purchase or acquire from the Issuer any shares of
Class A common stock or Class B common stock, or any other equity interests in the Issuer, or securities
convertible into or exchangeable or exercisable for such equity interests. Other than the Merger Sub, the Issuer has no
subsidiaries and does not own, directly or indirectly, interests or investments (whether equity or debt) in any person,
whether incorporated or unincorporated. There are no stockholder agreements, voting trusts or other agreements or
understandings to which the Issuer is a party or by which it is bound relating to the voting of any securities of the Issuer,
other than (A) as set forth in the SEC Documents (as defined below) and (B) as contemplated by the Merger Agreement
and the Transaction Agreements.

 

    	 	8	 

     

    

 

2.2.9      Assuming the accuracy of Subscriber’s representations and warranties set forth in Section ‎2.1
of this Subscription Agreement, (x) no registration under the Securities Act is required for the offer and sale of the Shares
by the Issuer to Subscriber contemplated by this Subscription Agreement and (y) no consent, approval, order or authorization
of, or registration, qualification, designation, declaration or filing with, any federal, state or local Governmental Authority
is required on the part of the Issuer in connection with such offer and sale of Shares contemplated by this Subscription Agreement,
except for filings pursuant to Regulation D of the Securities Act and applicable state securities laws.

 

2.2.10    The Issuer has made available to Subscriber (including via the Commission’s EDGAR system) a true, correct and
complete copy of each form, report, statement, schedule, prospectus, proxy, registration statement and other documents filed by
the Issuer with the Commission prior to the date of this Subscription Agreement (the “SEC Documents”). None
of the SEC Documents filed under the Exchange Act, contained, when filed or, if amended prior to the date of this Subscription
Agreement, as of the date of such amendment with respect to those disclosures that are amended, any untrue statement of a material
fact or omitted to state a material fact required to be stated therein or necessary to make the statements therein, in light of
the circumstances under which they were made, not misleading; provided that the Issuer makes no such representation
or warranty with respect to the proxy statement and registration statement to be filed by the Issuer with respect to the Transactions
or with respect to any other information relating to Blade or any of its affiliates included in any SEC Document or filed as an
exhibit thereto. The Issuer has timely filed each report, statement, schedule, prospectus, and registration statement that the
Issuer was required to file with the Commission since its inception and through the date hereof.

 

2.2.11    As of the date hereof, there are no pending or, to the knowledge of the Issuer, threatened, Actions, which, if determined
adversely, would, individually or in the aggregate, reasonably be expected to have a material adverse effect on the ability of
the Issuer to enter into and perform its obligations under this Subscription Agreement. As of the date hereof, there is no unsatisfied
judgment or any open injunction binding upon the Issuer which would, individually or in the aggregate, reasonably be expected to
have a material adverse effect on the ability of the Issuer to enter into and perform its obligations under this Subscription Agreement.

 

2.2.12    No broker, finder or other financial consultant has acted on behalf of Issuer in connection with this Subscription
Agreement or the transactions contemplated hereby in such a way as to create any liability on Subscriber.

 

    	 	9	 

     

    

 

3.           Settlement Date and Delivery.

 

3.1         Closing.
The closing of the Subscription contemplated hereby (the “Closing”) shall occur on the date of, and immediately
prior to, the consummation of the Transactions; provided that, it is understood and agreed that such date must be a day
that is neither a legal holiday nor a day on which banking institutions are generally authorized or required by law or regulation
to close in New York, New York. Upon written notice from (or on behalf of) the Issuer to Subscriber (the “Closing Notice”)
at least five (5)  Business Days prior to the date that the Issuer reasonably expects all conditions to the closing of the
Transactions to be satisfied (the “Expected Closing Date”), Subscriber shall deliver to the Issuer immediately
prior to the Closing, the Purchase Price for the Shares, by wire transfer of United States dollars in immediately available funds
to the account specified by the Issuer in the Closing Notice; provided that prior to the delivery of the Closing Notice,
Issuer may establish an escrow account in the United States with Citibank N.A. or another nationally recognized financial institution
selected by the Issuer for purposes of holding the Purchase Price for purposes of consummating the Transactions (it being understood
that the costs and expenses of the escrow account shall be borne by the Issuer), provided further that Subscriber
shall use reasonable best efforts to cooperate with Issuer in the establishment of such account (including by timely complying
with all “know your customer” and similar requirements for establishment of such account and executing any necessary
instruments or documentation) and, to the extent such account is so established, cause the Purchase Price to be delivered to such
escrow account at least two (2) Business Days prior to the Expected Closing Date for release to the Issuer at the Closing.
Notwithstanding the preceding sentence, (i) a failure to close on the Expected Closing Date shall not, by itself, be deemed
to be a failure of any of the conditions to Closing set forth in this Section 3 to be satisfied or waived on or prior
to the Closing Date, and (ii) Subscriber shall remain obligated to consummate the Closing upon satisfaction of the conditions
set forth in this Section 3. At the Closing, upon satisfaction (or, if applicable, waiver) of the conditions set forth
in this Section 3, the Issuer shall deliver to Subscriber the Shares in book entry form in the name of Subscriber
(or its nominee in accordance with its delivery instructions) or to a custodian designated by Subscriber, as applicable. For purposes
of this Subscription Agreement, “Business Day” means a day other than a Saturday, Sunday or any other day on
which commercial banks in New York, New York are authorized or required by Law to close. Each register and book entry for the
Shares shall contain a notation with a legend substantially to the effect described in Section 2.1.5 hereof. If the Transaction
is not consummated on or prior to the fifth (5th) Business Day after the Expected Closing Date, the Issuer shall promptly
(but not later than two (2) Business Days thereafter) return the Purchase Price to Subscriber by wire transfer of United States
dollars in immediately available funds to an account specified by Subscriber.

 

3.2         Conditions to Closing of the Issuer.

 

The Issuer’s obligations
to sell and issue the Shares at the Closing are subject to the fulfillment or (to the extent permitted by applicable law) written
waiver by Issuer, on or prior to the Closing Date, of each of the following conditions:

 

3.2.1       Representations and Warranties Correct. The representations and warranties made by Subscriber in Section ‎2.1
hereof shall be true and correct in all material respects when made (other than representations and warranties that are qualified
as to materiality or Subscriber Material Adverse Effect, which representations and warranties shall be true and correct in all
respects), and shall be true and correct in all material respects on and as of the Closing Date (unless they specifically speak
as of another date in which case they shall be true and correct in all material respects as of such date) (other than representations
and warranties that are qualified as to materiality or Subscriber Material Adverse Effect, which representations and warranties
shall be true in all respects) with the same force and effect as if they had been made on and as of said date, but in each case
without giving effect to consummation of the Transactions.

 

3.2.2       Compliance with Covenants. Subscriber shall have performed, satisfied and complied in all material respects
with the covenants, agreements and conditions required by this Subscription Agreement to be performed, satisfied or complied with
by Subscriber at or prior to the Closing.

 

3.2.3       Closing
of the Transactions. All conditions precedent to the Issuer’s obligations to consummate, or cause to be
consummated, the Transactions set forth in the Merger Agreement shall have been satisfied or waived by the party entitled to
the benefit thereof under the Merger Agreement (other than those conditions that may only be satisfied at the consummation of
the Transactions, but subject to satisfaction or waiver by such party of such conditions as of the consummation of the
Transactions), and such Transactions will be consummated immediately following the Closing.

 

    	 	10	 

     

    

 

3.2.4       Legality. There shall not be in force any order, judgment, injunction, decree, writ, stipulation, determination
or award, in each case, entered by or with any Governmental Authority, statute, rule or regulation enjoining or prohibiting
the consummation of the Subscription.

 

3.3         Conditions to Closing of Subscriber.

 

Subscriber’s obligation
to purchase the Shares at the Closing is subject to the fulfillment or (to the extent permitted by applicable law) written waiver
by Subscriber, on or prior to the Closing Date, of each of the following conditions:

 

3.3.1       Representations and Warranties Correct. The representations and warranties made by the Issuer in Section ‎2.2
hereof shall be true and correct in all material respects when made (other than representations and warranties that are qualified
as to materiality or Issuer Material Adverse Effect, which representations and warranties shall be true and correct in all respects),
and shall be true and correct in all material respects on and as of the Closing Date (unless they specifically speak as of another
date in which case they shall be true and correct in all material respects as of such date) (other than representations and warranties
that are qualified as to materiality or Issuer Material Adverse Effect, which representations and warranties shall be true and
correct in all respects) with the same force and effect as if they had been made on and as of said date, but in each case without
giving effect to consummation of the Transactions; provided that in the event this condition would otherwise fail to be
satisfied as a result of a breach of one or more of the representations and warranties of the Issuer contained in this Subscription
Agreement and the facts underlying such breach would also cause a condition to Blade’s obligations under the Merger Agreement
to fail to be satisfied, this condition shall nevertheless be deemed satisfied in the event Blade waives such condition with respect
to such breach under the Merger Agreement.

 

3.3.2       Compliance with Covenants. The Issuer shall have performed, satisfied and complied in all material respects
with the covenants, agreements and conditions required by this Subscription Agreement to be performed, satisfied or complied with
by the Issuer at or prior to the Closing, except where the failure of such performance or compliance would not or would not reasonably
be expected to materially and adversely affect the economic benefits that Subscriber would reasonably expect to receive under this
Agreement.

 

3.3.3       Closing of the Transactions. (i) All conditions precedent to the consummation of the Transactions set forth
in the Merger Agreement shall have been satisfied or waived by the party entitled to the benefit thereof under the Merger Agreement
(other than those conditions that may only be satisfied at the consummation of the Transactions, but subject to satisfaction or
waiver by such party of such conditions as of the consummation of the Transactions) and (ii) no amendment or modification of, or
waiver with respect to Issuer’s obligation to effect the Closing under, the Merger Agreement shall have occurred that would
reasonably be expected to materially, adversely and disproportionately as compared to Other Subscribers affect the economic benefits
to Subscriber under this Subscription Agreement without having received Subscriber’s prior written consent.

 

3.3.4       Legality.
There shall not be in force any order, judgment, injunction, decree, writ, stipulation, determination or award, in each case,
entered by or with any governmental authority, statute, rule or regulation enjoining or prohibiting the transactions
contemplated by this Subscription Agreement.

 

    	 	11	 

     

    

 

4.           Registration Rights Agreement.

 

4.1         The Issuer agrees that, within 45 calendar days after the consummation of the Transactions (the “Filing
Date”), the Issuer will file with the Commission (at the Issuer’s sole cost and expense) a registration statement
(the “Registration Statement”) registering the resale of the Shares (the “Registrable Securities”),
and the Issuer shall use its commercially reasonable efforts to have the Registration Statement declared effective as soon as practicable
after the filing thereof, but no later than the earlier of (i) the 60th calendar day (or 90th calendar day if the Commission
notifies the Issuer that it will “review” the Registration Statement) following the filing thereof and (ii) the
10th Business Day after the date the Issuer is notified (orally or in writing, whichever is earlier) by the Commission that the
Registration Statement will not be “reviewed” or will not be subject to further review (such earlier date, the “Effectiveness
Date”); provided, however, that if the Commission is closed for operations due to a government shutdown,
the Effectiveness Date shall be extended by the same amount of days that the Commission remains closed for operations; provided,
further, that the Issuer’s obligations to include the Registrable Securities in the Registration Statement are contingent
upon Subscriber furnishing a completed and executed selling shareholder questionnaire in customary form to the Issuer that contains
the information required by Commission rules for a Registration Statement regarding Subscriber, the securities of the Issuer held
by Subscriber and the intended method of disposition of the Registrable Securities to effect the registration of the Registrable
Securities, and Subscriber shall execute such documents in connection with such registration as the Issuer may reasonably request
that are customary of a selling stockholder in similar situations, including providing that the Issuer shall be entitled to postpone
and suspend the effectiveness or use of the Registration Statement during any customary blackout or similar period or as permitted
hereunder. The Issuer agrees that the Issuer will cause such Registration Statement or another registration statement (which may
be a “shelf” registration statement) to remain effective at least until the earliest of (i) two (2) years from the
issuance of the Shares, (ii) the date on which Subscriber no longer owns any Shares acquired pursuant to this Agreement or (iii)
the first date on which Subscriber can sell all of its Shares (or shares received in exchange therefor) without restriction under
Rule 144, including without limitation, any volume and manner of sale restrictions which may be applicable to affiliates under
Rule 144 and without the requirement for the Issuer to be in compliance with the current public information requirement under Rule
144(c)(1) or Rule 144(i)(2), as applicable (the “Registration Period”). Subscriber agrees to disclose its beneficial
ownership, as determined in accordance with Rule 13d-3 of the Exchange Act, of Shares to the Issuer (or its successor) upon request
to assist the Issuer in making the determination described above. The Issuer may amend the Registration Statement so as to convert
the Registration Statement to a Registration Statement on Form S-3 at such time after the Issuer becomes eligible to use such Form
S-3. Notwithstanding the foregoing, if the Commission prevents the Issuer from including any or all of the shares proposed to be
registered under the Registration Statement due to limitations on the use of Rule 415 under the Securities Act for the resale of
the Shares by the applicable stockholders or otherwise, such Registration Statement shall register for resale such number of Shares
which is equal to the maximum number of Shares as is permitted to be registered by the Commission. In such event, the number of
Shares to be registered for each selling stockholder named in the Registration Statement shall be reduced pro rata among all such
selling stockholders and as promptly as practicable after being permitted to register additional Shares under Rule 415 under the
Securities Act, the Issuer shall amend the Registration Statement or file a new Registration Statement to register such additional
Shares and cause such amendment or Registration Statement to become effective as promptly as practicable. For purposes of clarification,
any failure by the Issuer to file the Registration Statement by the Filing Date or to effect such Registration Statement by the
Effectiveness Date shall not otherwise relieve the Issuer of its obligations to file or effect the Registration Statement as set
forth above in this Section 4.

 

    	 	12	 

     

    

 

4.2         In
the case of the registration effected by the Issuer pursuant to this Subscription Agreement, the Issuer shall, upon reasonable
request, inform Subscriber as to the status of such registration. At its expense the Issuer shall:

 

4.2.1      except for such times as the Issuer is permitted hereunder to suspend the use of the prospectus forming part of a
Registration Statement, use its commercially reasonable efforts to keep such registration, and any qualification, exemption or
compliance under state securities laws which the Issuer determines to obtain, continuously effective with respect to Subscriber,
and to keep the applicable Registration Statement or any subsequent shelf registration statement free of any material misstatements
or omissions during the Registration Period;

 

4.2.2      advise Subscriber within five (5) Business Days:

 

(a)         when a Registration Statement or any post-effective amendment thereto has become effective;

 

(b)         of the issuance by the Commission of any stop order suspending the effectiveness of any Registration Statement or
the initiation of any proceedings for such purpose;

 

(c)         of the receipt by the Issuer of any notification with respect to the suspension of the qualification of the Registrable
Securities included therein for sale in any jurisdiction or the initiation or threatening of any proceeding for such purpose;
and

 

(d)         subject to the provisions in this Subscription Agreement, of the occurrence of any event that requires the making
of any changes in any Registration Statement or prospectus so that, as of such date, the statements therein are not misleading
and do not omit to state a material fact required to be stated therein or necessary to make the statements therein (in the case
of a prospectus, in the light of the circumstances under which they were made) not misleading.

 

Notwithstanding
anything to the contrary set forth in this Section 4.2.2, the Issuer shall not, when so advising Subscriber of such events,
provide Subscriber with any material, nonpublic information regarding the Issuer other than to the extent that providing notice
to Subscriber of the occurrence of the events listed in (a) through (d) above constitutes material, nonpublic information
regarding the Issuer;

 

4.2.3      use its commercially reasonable efforts to obtain the withdrawal of any order suspending the effectiveness of any
Registration Statement as soon as reasonably practicable;

 

4.2.4      upon the occurrence of any event contemplated in Section 4.2.2(d), except for such times as the Issuer
is permitted hereunder to suspend, and has suspended, the use of a prospectus forming part of a Registration Statement, the Issuer
shall use its commercially reasonable efforts to as soon as reasonably practicable prepare a post-effective amendment to such Registration
Statement or a supplement to the related prospectus, or file any other required document so that, as thereafter delivered to purchasers
of the Registrable Securities included therein, such prospectus will not include any untrue statement of a material fact or omit
to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made,
not misleading; and

 

4.2.5      use its commercially reasonable efforts to cause all Shares to be listed on each securities exchange or market, if
any, on which the Issuer’s Class A common stock is then listed.

 

    	 	13	 

     

    

 

4.3         Notwithstanding
anything to the contrary in this Subscription Agreement, the Issuer shall be entitled to delay or postpone the effectiveness of
the Registration Statement, and from time to time to require Subscriber not to sell under the Registration Statement or to suspend
the effectiveness thereof, if the filing, effectiveness or continued use of any Registration Statement would require the Issuer
to make any public disclosure of material non-public information, which disclosure, in the good faith determination of the board
of directors of the Issuer, after consultation with counsel to the Issuer, (a) would be required to be made in any Registration
Statement in order for the applicable Registration Statement not to contain any untrue statement of a material fact or omit to
state a material fact necessary to make the statements contained therein not misleading, (b) would not be required to be
made at such time if the Registration Statement were not being filed, and (c) the Issuer has a bona fide business
purpose for not making such information public (each such circumstance, a “Suspension Event”); provided,
however, that the Issuer may not delay or suspend the Registration Statement on more than three (3) occasions or for more
than sixty (60) consecutive calendar days, or more than one hundred and twenty (120) total calendar days, in each case during
any twelve-month period. Upon receipt of any written notice from the Issuer of the happening of any Suspension Event during the
period that the Registration Statement is effective or if as a result of a Suspension Event the Registration Statement or related
prospectus contains any untrue statement of a material fact or omits to state any material fact required to be stated therein
or necessary to make the statements therein, in light of the circumstances under which they were made (in the case of the prospectus)
not misleading, Subscriber agrees that (i) it will immediately discontinue offers and sales of the Shares under the Registration
Statement until Subscriber receives copies of a supplemental or amended prospectus (which the Issuer agrees to promptly prepare)
that corrects the misstatement(s) or omission(s) referred to above and receives notice that any post-effective amendment
has become effective or unless otherwise notified by the Issuer that it may resume such offers and sales, and (ii) it will
maintain the confidentiality of any information included in such written notice delivered by the Issuer except (A) for disclosure
to Subscriber’s employees, agents and professional advisers who need to know such information and are obligated to keep
it confidential, (B) for disclosures to the extent required in order to comply with reporting obligations to its limited
partners who have agreed to keep such information confidential and (C) as required by law. If so directed by the Issuer,
Subscriber will deliver to the Issuer or, in Subscriber’s sole discretion destroy, all copies of the prospectus covering
the Shares in Subscriber’s possession; provided, however, that this obligation to deliver or destroy
all copies of the prospectus covering the Shares shall not apply (i) to the extent Subscriber is required to retain a copy
of such prospectus (a) in order to comply with applicable legal, regulatory, self-regulatory or professional requirements
or (b) in accordance with a bona fide pre-existing document retention policy or (ii) to copies stored electronically
on archival servers as a result of automatic data back-up.

 

5.           Termination. This Subscription Agreement shall terminate and be void and of
no further force and effect, and all rights and obligations of the parties hereunder shall terminate without any further liability
on the part of any party in respect thereof, upon the earliest to occur of (i) such date and time as the Merger Agreement
is validly terminated in accordance with its terms, (ii)  the mutual written agreement of each of the parties hereto to terminate
this Subscription Agreement and (iii) August 31, 2021 if the Closing shall not have occurred on or before such date; provided
that nothing herein will relieve any party from liability for any willful breach hereof prior to the time of termination, and each
party will be entitled to any remedies at law or in equity to recover losses, liabilities or damages arising from such breach.
The Issuer shall promptly notify Subscriber of the termination of the Merger Agreement promptly after the termination of such agreement.

 

6.           Miscellaneous.

 

6.1         Further
Assurances. At the Closing, the parties hereto shall execute and deliver such additional documents and take such
additional reasonable actions as the parties reasonably may deem to be practical and necessary in order to consummate the
Subscription as contemplated by this Subscription Agreement.

 

    	 	14	 

     

    

 

6.1.1      Subscriber and the Issuer acknowledge that Subscriber, the Issuer, Blade and the Placement Agents will rely on the
acknowledgments, understandings, agreements, representations and warranties made by Subscriber contained in this Subscription Agreement.
Prior to the Closing, each of Subscriber and the Issuer agrees to promptly notify the other party, Blade and the Placement Agents
if any of its acknowledgments, understandings, agreements, representations and warranties set forth herein are no longer accurate
in all material respects.

 

6.1.2      Each of the Issuer, the Subscriber and Blade is entitled to rely upon this Subscription Agreement and is irrevocably
authorized to produce this Subscription Agreement or a copy hereof to any interested party in any administrative or legal proceeding
or official inquiry with respect to the matters covered hereby; provided, however, that the foregoing clause of this
Section 6.1.2 shall not give Blade any rights other than those expressly set forth herein and, without limiting the generality
of the foregoing and for the avoidance of doubt, in no event shall Blade be entitled to rely on any of the representations and
warranties of Issuer set forth in this Subscription Agreement.

 

6.1.3      Each of Subscriber and the Issuer shall pay all of its own expenses in connection with this Subscription Agreement
and the transactions contemplated herein.

 

6.1.4      The Issuer may request from Subscriber such additional information as the Issuer may deem necessary to evaluate the
eligibility of Subscriber to acquire the Shares, and Subscriber shall promptly provide such information as may reasonably be requested.

 

6.2         Notices. Any notice or communication required or permitted hereunder shall be in writing and either delivered
personally, emailed or sent by overnight mail via a reputable overnight carrier, or sent by certified or registered mail, postage
prepaid, and shall be deemed to be given and received (i) when so delivered personally, (ii) when sent, with no mail
undeliverable or other rejection notice, if sent by email, or (iii) three (3) Business Days after the date of mailing
to the address below or to such other address or addresses as such person may hereafter designate by notice given hereunder:

 

(i)          if to Subscriber, to such address or addresses set forth on the signature page hereto;

 

(ii)         if to the Issuer, to:

 

Experience Investment Corp.

100 St. Paul St., Suite 800

Denver, CO 80206

Attention:     Kevin Rohnstock and Michael Mohapp

Email:           Kevin.Rohnstock@kslcapital.com and

                     Michael.Mohapp@kslcapital.com

 

with a required copy (which copy shall not constitute
notice) to:

 

Simpson Thacher & Bartlett LLP

425 Lexington Avenue

New York, NY 10017

Attention:     Michael Wolfson
and Ben Schaye

Email:           MWolfson@stblaw.com and Ben.Schaye@stblaw.com

 

    	 	15	 

     

    

 

(iii)         if to Blade, to it at its address set forth in the Merger Agreement, with a required copy (which copy shall not constitute
notice) to:

 

Proskauer Rose LLP

Eleven Times Square

New York, NY 10036

Attn:      Lauren Boglivi

               Daniel Forman

E-mail:   lboglivi@proskauer.com and dforman@proskauer.com

 

6.3         Entire Agreement. This Subscription Agreement constitutes the entire agreement, and supersedes all other prior
agreements, understandings, representations and warranties, both written and oral, among the parties, with respect to the subject
matter hereof, including any commitment letter entered into relating to the subject matter hereof.

 

6.4         Modifications and Amendments. This Subscription Agreement may not be amended, modified, supplemented or waived
except by an instrument in writing, signed by the party against whom enforcement of such amendment, modification, supplement or
waiver is sought; provided that any rights (but not obligations) of a party under this Agreement may be waived, in whole
or in part, by such party on its own behalf without the prior consent of any other party; provided, however, that
no modification or waiver by Issuer of the provisions of this Subscription Agreement shall be effective without the prior written
consent of Blade (other than modifications or waivers that are solely ministerial in nature or otherwise immaterial and do not
affect any economic or any other material term of this Subscription Agreement).

 

6.5         Assignment. Neither this Subscription Agreement nor any rights, interests or obligations that may accrue to
the parties hereunder (including Subscriber’s rights to purchase the Shares) may be transferred or assigned without the prior
written consent of the other party hereto (other than the Shares acquired hereunder, if any, and the Subscriber’s rights
under Section 4 hereof, and then only in accordance with this Subscription Agreement); provided that Subscriber’s rights
and obligations hereunder may be assigned to any fund or account managed by the same investment manager as Subscriber, without
the prior consent of the Issuer, provided that such assignee(s) agrees in writing to be bound by the terms hereof, and upon such
assignment by a Subscriber, the assignee(s) shall become Subscriber hereunder and have the rights and obligations and be deemed
to make the representations and warranties of Subscriber provided for herein to the extent of such assignment; provided further
that, no assignment shall relieve the assigning party of any of its obligations hereunder.

 

6.6         Benefit. Except as otherwise provided herein, this Subscription Agreement shall be binding upon, and inure
to the benefit of the parties hereto and their heirs, executors, administrators, successors, legal representatives, and permitted
assigns, and the agreements, representations, warranties, covenants and acknowledgments contained herein shall be deemed to be
made by, and be binding upon, such heirs, executors, administrators, successors, legal representatives and permitted assigns. This
Subscription Agreement shall not confer rights or remedies upon any person other than the parties hereto and their respective successors
and permitted assigns.

 

6.7         Governing
Law. This Subscription Agreement, and any claim or cause of action hereunder based upon, arising out of or related to
this Subscription Agreement (whether based on law, in equity, in contract, in tort or any other theory) or the negotiation,
execution, performance or enforcement of this Subscription Agreement, shall be governed by and construed in accordance with
the Laws of the State of Delaware, without giving effect to the principles of conflicts of law thereof.

 

    	 	16	 

     

    

 

6.8          Consent to Jurisdiction; Waiver of Jury Trial. Each of the parties irrevocably consents to the exclusive jurisdiction
and venue of the Court of Chancery of the State of Delaware, provided that if subject matter jurisdiction over the matter
that is the subject of the legal proceeding is vested exclusively in the U.S. federal courts, such legal proceeding shall be heard
in the U.S. District Court for the Southern District of New York (together with the Court of Chancery of the State of Delaware
 “Chosen Courts”), in connection with any matter based upon or arising out of this Subscription Agreement. Each
party hereby waives, and shall not assert as a defense in any legal dispute, that (i) such person is not personally subject
to the jurisdiction of the Chosen Courts for any reason, (ii) such legal proceeding may not be brought or is not maintainable
in the Chosen Courts, (iii) such person’s property is exempt or immune from execution, (iv) such legal proceeding
is brought in an inconvenient forum or (v) the venue of such legal proceeding is improper. Each Party hereby consents to service
of process in any such proceeding in any manner permitted by Delaware law, further consents to service of process by nationally
recognized overnight courier service guaranteeing overnight delivery, or by registered or certified mail, return receipt requested,
at its address specified pursuant to Section 6.2 and waives and covenants not to assert or plead any objection which
they might otherwise have to such manner of service of process. Notwithstanding the foregoing in this Section 6.8,
a party may commence any action, claim, cause of action or suit in a court other than the Chosen Courts solely for the purpose
of enforcing an order or judgment issued by the Chosen Courts. TO THE EXTENT NOT PROHIBITED BY APPLICABLE LAW WHICH CANNOT BE WAIVED,
EACH OF THE PARTIES WAIVES ANY RIGHT TO TRIAL BY JURY ON ANY CLAIMS OR COUNTERCLAIMS ASSERTED IN ANY LEGAL DISPUTE RELATING TO
THIS SUBSCRIPTION AGREEMENT WHETHER NOW EXISTING OR HEREAFTER ARISING. IF THE SUBJECT MATTER OF ANY SUCH LEGAL DISPUTE IS ONE IN
WHICH THE WAIVER OF JURY TRIAL IS PROHIBITED, NO PARTY SHALL ASSERT IN SUCH LEGAL DISPUTE A NONCOMPULSORY COUNTERCLAIM ARISING
OUT OF OR RELATING TO THIS SUBSCRIPTION AGREEMENT. FURTHERMORE, NO PARTY SHALL SEEK TO CONSOLIDATE ANY SUCH LEGAL DISPUTE WITH
A SEPARATE ACTION OR OTHER LEGAL PROCEEDING IN WHICH A JURY TRIAL CANNOT BE WAIVED.

 

6.9          Severability. If any provision of this Subscription Agreement shall be invalid, illegal or unenforceable,
the validity, legality or enforceability of the remaining provisions of this Subscription Agreement shall not in any way be affected
or impaired thereby and shall continue in full force and effect.

 

6.10        No Waiver of Rights, Powers and Remedies. No failure or delay by a party hereto in exercising any right, power
or remedy under this Subscription Agreement, and no course of dealing between the parties hereto, shall operate as a waiver of
any such right, power or remedy of such party. No single or partial exercise of any right, power or remedy under this Subscription
Agreement by a party hereto, nor any abandonment or discontinuance of steps to enforce any such right, power or remedy, shall preclude
such party from any other or further exercise thereof or the exercise of any other right, power or remedy hereunder. The election
of any remedy by a party hereto shall not constitute a waiver of the right of such party to pursue other available remedies. No
notice to or demand on a party not expressly required under this Subscription Agreement shall entitle the party receiving such
notice or demand to any other or further notice or demand in similar or other circumstances or constitute a waiver of the rights
of the party giving such notice or demand to any other or further action in any circumstances without such notice or demand.

 

    	 	17	 

     

    

 

6.11       Remedies.

 

6.11.1    The
parties agree that irreparable damage would occur if this Subscription Agreement was not performed or the Closing is not consummated
in accordance with its specific terms or was otherwise breached and that money damages or other legal remedies would not be an
adequate remedy for any such damage. It is accordingly agreed that the parties hereto shall be entitled to equitable relief, including
in the form of an injunction or injunctions, to prevent breaches or threatened breaches of this Subscription Agreement and to
enforce specifically the terms and provisions of this Subscription Agreement in an appropriate court of competent jurisdiction
as set forth in Section 6.8, this being in addition to any other remedy to which any party is entitled at law or in
equity, including money damages.  The right to specific enforcement shall include the right of the parties hereto to cause
the other parties hereto to cause the Issuer to cause the transactions contemplated hereby to be consummated on the terms and
subject to the conditions and limitations set forth in this Subscription Agreement. The parties hereto further agree (i) to
waive any requirement for the security or posting of any bond in connection with any such equitable remedy, (ii) not to assert
that a remedy of specific enforcement pursuant to this Section 6.11 is unenforceable, invalid, contrary to applicable
law or inequitable for any reason and (iii) to waive any defenses in any action for specific performance, including the defense
that a remedy at law would be adequate. The parties hereto further acknowledge and agree that Blade shall be entitled to specifically
enforce the Subscriber’s obligations to fund the Purchase Price and the provisions of the Subscription Agreement of which
Blade is an express third party beneficiary, in each case, on the terms and subject to the conditions set forth herein.

 

6.11.2    The parties acknowledge and agree that this Section 6.11 is an integral part of the transactions contemplated
hereby and without that right, the parties hereto would not have entered into this Subscription Agreement.

 

6.12       Survival of Representations and Warranties. All representations and warranties made by the parties hereto
in this Subscription Agreement shall survive the Closing. For the avoidance of doubt, if for any reason the Closing does not occur
prior to the consummation of the Transactions, all representations, warranties, covenants and agreements of the parties hereunder
shall survive the consummation of the Transactions and remain in full force and effect.

 

6.13       No Broker or Finder. Each of the Issuer and Subscriber agrees to indemnify and hold the other parties hereto
harmless from any claim or demand for commission or other compensation by any broker, finder, financial consultant or similar agent
claiming to have been employed by or on behalf of such party and to bear the cost of legal expenses incurred in defending against
any such claim.

 

6.14       Headings and Captions. The headings and captions of the various subdivisions of this Subscription Agreement
are for convenience of reference only and shall in no way modify or affect the meaning or construction of any of the terms or provisions
hereof.

 

6.15       Counterparts.
This Subscription Agreement may be executed in one or more counterparts, all of which when taken together shall be considered
one and the same agreement and shall become effective when counterparts have been signed by each party and delivered to the
other parties, it being understood that the parties need not sign the same counterpart. In the event that any signature is
delivered by facsimile transmission or any other form of electronic delivery, such signature shall create a valid and binding
obligation of the party executing (or on whose behalf such signature is executed) with the same force and effect as if such
signature page were an original thereof. The words “execution,” “signed,”
 “signature,” “delivery,” and words of like import in or relating to this Subscription Agreement or
any document to be signed in connection with this Subscription Agreement shall be deemed to include electronic signatures,
deliveries or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or
enforceability as a manually executed signature, physical delivery thereof or the use of a paper-based recordkeeping system,
as the case may be, and the parties hereto consent to conduct the transactions contemplated hereunder by electronic
means.

 

    	 	18	 

     

    

 

6.16        Construction. The words “include,” “includes,” and “including”
will be deemed to be followed by “without limitation.” Pronouns in masculine, feminine, and neuter genders will
be construed to include any other gender, and words in the singular form will be construed to include the plural and vice versa,
unless the context otherwise requires. The words “this Subscription Agreement,” “herein,”
 “hereof,” “hereby,” “hereunder,” and words of similar import refer to
this Subscription Agreement as a whole and not to any particular subdivision unless expressly so limited. The parties hereto intend
that each representation, warranty, and covenant contained herein will have independent significance. If any party hereto has breached
any representation, warranty, or covenant contained herein in any respect, the fact that there exists another representation, warranty
or covenant relating to the same subject matter (regardless of the relative levels of specificity) which such party hereto has
not breached will not detract from or mitigate the fact that such party hereto is in breach of the first representation, warranty,
or covenant. All references in this Subscription Agreement to numbers of shares, per share amounts and purchase prices shall be
appropriately adjusted to reflect any stock split, stock dividend, stock combination, recapitalization or the like occurring after
the date hereof.

 

6.17        Mutual Drafting. This Subscription Agreement is the joint product of the parties hereto and each provision
hereof has been subject to the mutual consultation, negotiation and agreement of the parties and shall not be construed for or
against any party hereto by virtue of the authorship of any of the provisions of this Subscription Agreement.

 

7.           Cleansing Statement; Disclosure.

 

7.1          The Issuer shall, by 9:00 a.m., New York City time, on the first (1st) Business Day immediately following the date
of this Subscription Agreement, issue one or more press releases or file with the Commission a Current Report on Form 8-K
(collectively, the “Disclosure Document”) disclosing, to the extent not previously publicly disclosed, all material
terms of the transactions contemplated hereby and by any Sponsor Subscription Agreement and the Other Subscription Agreements executed
and delivered at such time and the Transactions.

 

7.2          Subscriber hereby consents to the publication and disclosure in (x) any Form 8-K filed by the Issuer with
the Commission in connection with the execution and delivery of the Merger Agreement, the Proxy Statement or any other filing with
the Commission pursuant to applicable securities laws, in each case, as and to the extent required by the federal securities laws
or the Commission or any other securities authorities, and (y) any other documents or communications provided by the Issuer
to any Governmental Authority or to securityholders of the Issuer, in each case, as and to the extent required by applicable law
or the Commission or any other Governmental Authority, of Subscriber’s name and identity and the nature of Subscriber’s
commitments, arrangements and understandings under and relating to this Subscription Agreement and, if deemed required or appropriate
by the Issuer, a copy of this Subscription Agreement. Other than as set forth in the immediately preceding sentence, without Subscriber’s
prior written consent, the Issuer will not publicly disclose the name of Subscriber, other than to the Issuer’s lawyers,
independent accountants and to other advisors and service providers who reasonably require such information in connection with
the provision of services to such person, are advised of the confidential nature of such information and are obligated to keep
such information confidential. Subscriber will promptly provide any information reasonably requested by the Issuer or Blade for
any regulatory application or filing made or approval sought in connection with the Transactions (including filings with the Commission).

 

    	 	19	 

     

    

 

 

8.                  Trust Account Waiver. Notwithstanding anything to the contrary set forth herein,
Subscriber acknowledges that the Issuer has established a trust account containing the proceeds of its initial public offering
and from certain private placements (collectively, with interest accrued from time to time thereon, the “Trust Account”).
Subscriber agrees that (i) it has no right, title, interest or claim of any kind in or to any monies held in the Trust Account,
and (ii) it shall have no right of set-off or any right, title, interest or claim of any kind (“Claim”)
to, or to any monies in, the Trust Account, in each case in connection with this Subscription Agreement, and hereby irrevocably
waives any Claim to, or to any monies in, the Trust Account that it may have in connection with this Subscription Agreement; provided,
however, that nothing in this Section 8 shall be deemed to limit Subscriber’s right, title, interest
or claim to the Trust Account by virtue of such Subscriber’s record or beneficial ownership of securities of the Issuer
acquired by any means other than pursuant to this Subscription Agreement, including, but not limited to, any redemption right
with respect to any such securities of the Issuer. In the event Subscriber has any Claim against the Issuer under this Subscription
Agreement, Subscriber shall pursue such Claim solely against the Issuer and its assets outside the Trust Account and not against
the property or any monies in the Trust Account. Subscriber agrees and acknowledges that such waiver is material to this Subscription
Agreement and has been specifically relied upon by the Issuer to induce the Issuer to enter into this Subscription Agreement and
Subscriber further intends and understands such waiver to be valid, binding and enforceable under applicable law. In the event
Subscriber, in connection with this Subscription Agreement, commences any action or proceeding which seeks, in whole or in part,
relief against the funds held in the Trust Account or distributions therefrom or any of the Issuer’s stockholders, whether
in the form of monetary damages or injunctive relief, Subscriber shall be obligated to pay to the Issuer all of its legal fees
and costs in connection with any such action in the event that the Issuer prevails in such action or proceeding.

 

9.                  Non-Reliance.
Subscriber acknowledges that it is not relying upon, and has not relied upon, any statement, representation or warranty made by
any person, firm or corporation (including, without limitation, the placement agents), other than the representations and warranties
of the Issuer expressly set forth in this Subscription Agreement, in making its investment or decision to invest in the Issuer.
Subscriber agrees that neither the Sponsor, Blade nor any Other Subscriber pursuant to this Subscription Agreement, the Sponsor
Subscription Agreement or an Other Subscription Agreement or any other agreement related to the private placement of shares of
the Issuer’s capital stock (including the controlling persons, officers, directors, partners, agents or employees of any
such Subscriber) shall be liable to Subscriber, the Sponsor or any Other Subscriber pursuant to this Subscription Agreement, the
Sponsor Subscription Agreement, an Other Subscription Agreement or any other agreement related to the private placement of shares
of the Issuer’s capital stock for any action heretofore or hereafter taken or omitted to be taken by any of them in connection
with the purchase of the Shares hereunder.

 

10.                Rule 144.
From and after such time as the benefits of Rule 144 promulgated under the Securities Act or any other similar rule or
regulation of the Commission that may allow Subscriber to sell securities of the Issuer to the public without registration are
available to holders of the Issuer’s common stock and until the second anniversary of the Closing Date, the Issuer agrees
to:

 

10.1.1     
make and keep public information available, as those terms are understood and defined in Rule 144;

 

10.1.2     
file with the Commission in a timely manner all reports and other documents required of the Issuer under the Securities
Act and the Exchange Act so long as the Issuer remains subject to such requirements and the filing of such reports and other documents
is required for the applicable provisions of Rule 144; and

 

10.1.3      furnish
to Subscriber, promptly upon request, (x) a written statement by the Issuer, if true, that it has complied with the
reporting requirements of Rule 144, the Securities Act and the Exchange Act, (y) a copy of the most recent annual
or quarterly report of the Issuer and such other reports and documents so filed by the Issuer and (z) such other
information as may be reasonably requested to permit Subscriber to sell such securities pursuant to Rule 144 without
registration.

 

    20

     

    

 

If the Shares are eligible
to be sold without restriction under, and without the Issuer being in compliance with the current public information requirements
of, Rule 144 under the Securities Act, then at Subscriber’s request in connection with a transfer of Shares, the Issuer
will cause its transfer agent to remove the legend set forth in Section 2.1.5. In connection therewith, if required
by the Issuer’s transfer agent, the Issuer will promptly cause an opinion of counsel to be delivered to and maintained with
its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that authorize
and direct the transfer agent to issue such Shares without any such legend; provided that, notwithstanding the foregoing, Issuer
will not be required to deliver any such opinion, authorization, certificate or direction if it reasonably believes that removal
of the legend could result in or facilitate transfers of securities in violation of applicable law.

 

11.              
Tax Matters. Subscriber agrees to complete and return with this Subscription
Agreement, and to update as necessary, a valid and properly executed Internal Revenue Service (“IRS”) Form W-9 or
W-8, as applicable. Subscriber further agrees that, in the event that (i) the information contained on such IRS Form W-9 or W-8
is no longer true and correct or (ii) upon reasonable request of the Issuer, Subscriber will provide a new IRS Form W-9 or W-8
to the Issuer. 

 

[Signature Page Follows]

 

    21

     

    

 

IN WITNESS WHEREOF,
each of the Issuer and Subscriber has executed or caused this Subscription Agreement to be executed by its duly authorized representative
as of the date first written above.

 

	 	ISSUER:
	 	 
	 	EXPERIENCE INVESTMENT CORP.
	 	 
	 	 
	 	By:	       
	 	Name:	 
	 	Title:	 

 

Signature Page

Subscription Agreement between Subscriber and Experience Investment Corp.

 

    

     

    

 

Accepted and agreed:

 

SUBSCRIBER:

 

	 	 	 
	Signature of Subscriber:	 	Signature of Joint Subscriber, if applicable:
	 	 	 
	By:	 	 	By:	 
	Name:	 	 	Name:	 
	Title:	 	 	Title:	 
	 	 	 

 

	Name of Subscriber:  	 	Name of Joint Subscriber, if applicable:
	 	 	 
	 	 	 
	(Please print. Please indicate name and capacity of

 person signing above)	 	(Please Print. Please indicate name and capacity of person 

signing above)
	 	 	 
	 	 	 
	Name in which securities are to be registered (if different from the name of Subscriber listed directly above):	 	 
	 	 	 
	Email Address:	 	 
	 	 	 
	If there are joint investors, please check one:	 	 
	 	 	 
	 ̈  Joint Tenants with Rights of Survivorship	 	 
	 	 	 
	 ̈ Tenants-in-Common	 	 
	 	 	 
	 ̈  Community Property	 	 
	 	 	 

 

	Subscriber’s EIN:	 	 	Joint Subscriber’s EIN:	 
	 	 	 	 	 
	 	 	 	 	 
	Business Address-Street:	 	Mailing Address-Street (if different):	 
	 	 	 
	 	 	 
	 	 	 

 

	City, State, Zip:	City, State, Zip:
	 	 

 

Signature Page

Subscription Agreement between Subscriber and Experience Investment Corp.

 

    

     

    

 

	Attn:	 	Attn:
	 	 	 
	Telephone No.:	 	 	Telephone No.:	 
	 	 	 	 	 
	Facsimile No.:	 	 	Facsimile No.:	 
	 	 	 	 	 
	 	 	 	 	 

 

	Aggregate Number of Shares subscribed for:	 
	 	 
	 	 

 

Aggregate Purchase Price: $ ._______________

 

You must pay the Purchase Price by wire
transfer of U.S. dollars in immediately available funds, to be held in escrow until the Closing if required, to the account specified
by the Issuer in the Closing Notice.

 

Signature Page

Subscription Agreement between Subscriber and Experience Investment Corp.

 

    

     

    

 

Schedule I

 

ELIGIBILITY REPRESENTATIONS OF THE SUBSCRIBER

 

FOR INDIVIDUALS:

 

		1.	INDIVIDUAL ACCREDITED INVESTOR STATUS:

(Please check the applicable subparagraphs):

 

 ̈   A
natural person with individual net worth (or joint net worth with spouse or spousal equivalent (i.e., a cohabitant occupying
a relationship generally equivalent to that of a spouse)) in excess of $1 million. For purposes of this item, “net worth”
means the excess of total assets at fair market value, including automobiles and other personal property but excluding the value
of the primary residence of such natural person (and including property owned by a spouse or spousal equivalent other than the
primary residence of the spouse or spousal equivalent), over total liabilities. (For this purpose, the amount of any mortgage
or other indebtedness secured by an investor’s primary residence should not be included as a “liability”, except
to the extent (i) the fair market value of the residence is less than the amount of such mortgage or other indebtedness) or (ii)
such indebtedness existing on the date of the acceptance of the investor’s subscription for Interests exceeds the indebtedness
that existed sixty (60) days preceding such date and such indebtedness was not as a result of the acquisition of the investor’s
primary residence).

 

 ̈
   A natural person with individual income (without including any income of the Investor’s spouse or spousal equivalent) in
excess of $200,000, or joint income with spouse or spousal equivalent of $300,000, in each of the two most recent years and who
reasonably expects to reach the same income level in the current year.

 

 ̈   A
natural person holding in good standing one or more of the following certifications: General Securities Representative license
(Series 7), Private Securities Offerings Representative license (Series 82), and Investment Adviser Representative license (Series
65).

 

FOR ENTITIES:

 

		1.	QUALIFIED INSTITUTIONAL BUYER STATUS

(Please check the applicable subparagraphs):

 

		1.	 ̈ We are a “qualified institutional buyer”
(as defined in Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”)).

 

    

     

    

 

		2.	INSTITUTIONAL ACCREDITED INVESTOR STATUS

(Please check the applicable subparagraphs):

 

		1.	 ̈ We are an “accredited investor” (within
the meaning of Rule 501(a) under the Securities Act) for one or more of the following reasons (Please check the applicable subparagraphs):

 

		 ̈	We are a bank, as defined in Section 3(a)(2) of the Securities Act or any savings and loan association or other institution
as defined in Section 3(a)(5)(A) of the Securities Act, whether acting in an individual or a fiduciary capacity.

 

		 ̈	We are a broker or dealer registered under Section 15 of the Securities Exchange Act of 1934, as amended.

 

		 ̈	We are an insurance company, as defined in Section 2(13) of the Securities Act.

 

		 ̈	We are an investment company registered under the Investment Company Act of 1940 or a business development company, as defined
in Section 2(a)(48) of that act.

 

		 ̈	We are a Small Business Investment Company licensed by the U.S. Small Business Administration under Section 301(c) or (d) of
the Small Business Investment Act of 1958.

 

		 ̈	We are a plan established and maintained by a state, its political subdivisions or any agency or instrumentality of a state
or its political subdivisions for the benefit of its employees, if the plan has total assets in excess of $5 million.

 

		 ̈	We are an employee benefit plan within the meaning of Title I of the Employee Retirement Income Security Act of 1974, if the
investment decision is being made by a plan fiduciary, as defined in Section 3(21) of such act, and the plan fiduciary is either
a bank, a savings and loan association, an insurance company, or a registered investment adviser, or if the employee benefit plan
has total assets in excess of $5 million.

 

		 ̈	We are a private business development company, as defined in Section 202(a)(22) of the Investment Advisers Act of 1940.

 

		 ̈	We are a corporation, Massachusetts or similar business trust, or partnership, or an organization described in Section 501(c)
(3) of the Internal Revenue Code of 1986, as amended, that was not formed for the specific purpose of acquiring the Shares, and
that has total assets in excess of $5 million.

 

		 ̈	We are a trust with total assets in excess of $5 million not formed for the specific purpose of acquiring the Shares, whose
purchase is directed by a sophisticated person as described in Rule 506(b)(2)(ii) under the Securities Act.

 

		 ̈	We are an entity in which all of the equity owners are accredited investors.

 

    

     

    

 

		3.	AFFILIATE STATUS

 

(Please check the applicable box)

 

THE SUBSCRIBER:

 

 ̈          is:

 

 ̈          is
not:

 

an “affiliate” (as defined in Rule 144
under the Securities Act) of the Issuer or acting on behalf of an affiliate of the Issuer.

 

This page should be completed by the
Subscriber and constitutes a part of the Agreement

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