Document:

Exhibit 10.4

 

PRIVATE PLACEMENT UNITS PURCHASE AGREEMENT

 

THIS PRIVATE PLACEMENT UNITS PURCHASE AGREEMENT
(as it may from time to time be amended and including all exhibits referenced herein, this “Agreement”), dated
as of December 14, 2021, is entered into by and between EVe Mobility Acquisition Corp, a Cayman Islands exempted company (the “Company”),
and EVe Mobility Sponsor LLC, a Delaware limited liability company (the “Purchaser”).

 

WHEREAS, the Company intends to consummate an initial
public offering of the Company’s units (the “Public Offering”), each unit consisting of one Class A ordinary
share of the Company, par value $0.0001 per share (a “Share”), and one-half of one redeemable warrant, each
whole warrant entitling the holder to purchase one Share at an exercise price of $11.50 per Share, as set forth in the Company’s
Registration Statement on Form S-1, as amended, filed with the U.S. Securities and Exchange Commission, No. 333-261053 (the “Registration
Statement”), under the Securities Act of 1933, as amended (the “Securities Act”).

 

WHEREAS, the Purchaser has agreed to purchase an
aggregate of 922,857 units (and up to 988,857 units if the underwriters in the Public Offering exercise their over-allotment option in
full) (the “Private Placement Units”), each Private Placement Unit consisting of one Share and one-half of one
redeemable warrant (the “Private Placement Warrants”), each Private Placement Warrant entitling the holder to
purchase one Share at an exercise price of $11.50 per Share.

 

NOW THEREFORE, in consideration of the mutual promises
contained in this Agreement and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties to this Agreement hereby, intending legally to be bound, agree as follows:

 

AGREEMENT

 

Section
1. Authorization, Purchase and Sale; Terms of the Private Placement Units.

 

A. Authorization
of the Private Placement Units. The Company has duly authorized the issuance and sale of the Private Placement Units to the Purchaser.

 

B. Purchase
and Sale of the Private Placement Units.

 

(i) On the
date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company
(the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase
from the Company, 922,857 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $9,228,570 (the “Purchase
Price”). The Purchaser shall pay, at least one (1) business day prior to the IPO Closing Date, the Purchase Price by wire
transfer of immediately available funds, to accounts designated by the Company, including to the trust account (the “Trust
Account”), at a financial institution to be chosen by the Company, maintained by Continental Stock Transfer & Trust
Company, acting as trustee, in accordance with the Company’s wiring instructions. On the IPO Closing Date, subject to receipt of
funds pursuant to the immediately prior sentence, the Company shall effect such delivery in book-entry form.

 

    

     

    

 

(ii) On
the date of the consummation of the closing of the over-allotment option, if any, in connection with the Public Offering or on such earlier
time and date as may be mutually agreed by the Purchaser and the Company (an “Over-allotment Closing Date,”
and each Over-allotment Closing Date (if any) and the IPO Closing Date, a “Closing Date”), the Company shall
issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, up to 66,000 Private Placement Units (or, to the extent
the over-allotment option is not exercised in full, a lesser number of Private Placement Units in proportion to the portion of the over-allotment
option that is then exercised) at a price of $10.00 per Private Placement Unit for an aggregate purchase price of up to $660,000 (if the
over-allotment option is exercised in full) (the “Over-allotment Purchase Price”). The Purchaser shall pay the
Over-allotment Purchase Price in accordance with the Company’s wire instruction by wire transfer of immediately available funds
to the Company or the Trust Account (as set forth in the wire instructions), at least one (1) business day prior to the applicable Over-allotment
Closing Date. On each Over-allotment Closing Date, subject to receipt of funds pursuant to the immediately prior sentence, the Company
shall effect such delivery in book-entry form.

 

C. Terms
of the Private Placement Units.

 

(i) The
Private Placement Units are substantially identical to the units to be offered in the Public Offering except that (a) the Private Placement
Units (including the underlying Shares, Private Placement Warrants and the Shares issuable upon exercise of the Private Placement Warrants)
will not, except in limited circumstances, be transferable or salable until 30 days after the completion of the Company’s initial
business combination (the “Business Combination”), and (b) the Private Placement Units are being purchased pursuant
to an exemption from the registration requirements of the Securities Act and will become freely tradable only after the expiration of
the lockup described above in clause (a) and they are registered pursuant to the Registration Rights Agreement (as defined below) or an
exemption from registration is available, and the restrictions described above in clause (a) have expired.

 

(ii) The
Private Placement Warrant underlying the Private Placement Units shall have their terms set forth in a Warrant Agreement to be entered
into by the Company and a warrant agent in connection with the Public Offering (the “Warrant Agreement”).

 

(iii) On
or prior to the IPO Closing Date, the Company and the Purchaser shall enter into a registration rights agreement (the “Registration
Rights Agreement”) pursuant to which the Company will grant certain registration rights to the Purchaser relating to the
Private Placement Units and the underlying Shares and Private Placement Warrants (including the Shares underlying the Private Placement
Warrants).

 

Section 2. Representations and Warranties
of the Company.

 

As a material inducement to the Purchaser to enter
into this Agreement and purchase the Private Placement Units, the Company hereby represents and warrants to the Purchaser (which representations
and warranties shall survive each Closing Date) that:

 

A. Incorporation
and Corporate Power. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the Cayman
Islands and is qualified to do business in every jurisdiction in which the failure to so qualify would reasonably be expected to have
a material adverse effect on the financial condition, operating results or assets of the Company. The Company possesses all requisite
corporate power and authority necessary to carry out the transactions contemplated by this Agreement and the Warrant Agreement.

 

    2

     

    

 

B. Authorization;
No Breach.

 

(i) The
execution, delivery and performance of this Agreement and the Private Placement Units have been duly authorized by the Company. This Agreement
constitutes the valid and binding obligation of the Company, enforceable in accordance with its terms, subject to bankruptcy, insolvency,
fraudulent conveyance, reorganization, moratorium and other laws of general applicability relating to or affecting creditors’ rights
and to general equitable principles (whether considered in a proceeding in equity or law). Upon issuance in accordance with, and payment
pursuant to, the terms of the Warrant Agreement and this Agreement, the Private Placement Units and the underlying Shares and Private
Placement Warrants, will constitute valid and binding obligations of the Company, enforceable in accordance with their terms as of each
Closing Date.

 

(ii) The
execution and delivery by the Company of this Agreement and the Private Placement Units, the issuance of the Private Placement Warrants
and the Shares included in the Private Placement Units, the issuance and sale of the Private Placement Warrants, the issuance of the Shares
upon exercise of the Private Placement Warrants and the fulfillment of and compliance with the respective terms hereof and thereof by
the Company, do not and will not as of each Closing Date (a) conflict with or result in a breach of the terms, conditions or provisions
of, (b) constitute a default under, (c) result in the creation of any lien, security interest, charge or encumbrance upon the Company’s
share capital or assets under, (d) result in a violation of, or (e) require any authorization, consent, approval, exemption or other action
by or notice or declaration to, or filing with, any court or administrative or governmental body or agency pursuant to the Company’s
amended and restated memorandum and articles of association (each, in effect on the date hereof or as may be amended prior to completion
of the contemplated Public Offering) or any material law, statute, rule or regulation to which the Company is subject, or any agreement,
order, judgment or decree to which the Company is subject, except for any filings required after the date hereof under federal or state
securities laws.

 

C. Title
to Securities. Upon issuance in accordance with, and payment pursuant to, the terms hereof and the Warrant Agreement, the Shares included
in the private Placement Units and the Shares issuable upon exercise of the Private Placement Warrants will be duly and validly issued,
fully paid and nonassessable. On the date of issuance of the Private Placement Units, the Shares included in the Private Placement Units
and the Shares issuable upon exercise of the Private Placement Warrants shall have been reserved for issuance. Upon issuance in accordance
with, and payment pursuant to, the terms hereof and the Warrant Agreement (as applicable), the Purchaser will have good title to the Private
Placement Units purchased by it, the Private Placement Warrants and Shares included in the Private Placement Units and the Shares issuable
upon exercise of such Private Placement Warrants, free and clear of all liens, claims and encumbrances of any kind, other than (i) transfer
restrictions hereunder and under the other agreements contemplated hereby, (ii) transfer restrictions under federal and state securities
laws, and (iii) liens, claims or encumbrances imposed due to the actions of the Purchaser.

 

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D. Governmental
Consents. Assuming the accuracy of the representations and warranties made by the Purchaser in this Agreement, 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 Company in connection with the consummation of the transactions contemplated by this Agreement,
except for applicable requirements of the Securities Act.

 

Section 3.
Representations and Warranties of the Purchaser.

 

As a material inducement to the Company to enter
into this Agreement and issue and sell the Private Placement Units to the Purchaser, the Purchaser hereby represents and warrants to the
Company (which representations and warranties shall survive each Closing Date) that:

 

A. Organization
and Requisite Authority. The Purchaser possesses all requisite power and authority necessary to carry out the transactions contemplated
by this Agreement.

 

B. Authorization;
No Breach.

 

(i) This
Agreement constitutes a valid and binding obligation of the Purchaser, enforceable in accordance with its terms, subject to bankruptcy,
insolvency, fraudulent conveyance, reorganization, moratorium and other laws of general applicability relating to or affecting creditors’
rights and to general equitable principles (whether considered in a proceeding in equity or law).

 

(ii) The
execution and delivery by the Purchaser of this Agreement and the fulfillment of and compliance with the terms hereof by the Purchaser
do not and shall not as of each Closing Date (a) conflict with or result in a breach by the Purchaser of the terms, conditions or provisions
of, (b) constitute a default under, (c) result in the creation of any lien, security interest, charge or encumbrance upon the Purchaser’s
equity or assets under, (d) result in a violation of, or (e) require any authorization, consent, approval, exemption or other action by
or notice or declaration to, or filing with, any court or administrative or governmental body or agency pursuant to the Purchaser’s
organizational documents in effect on the date hereof or as may be amended prior to completion of the contemplated Public Offering, or
any material law, statute, rule or regulation to which the Purchaser is subject, or any agreement, instrument, order, judgment or decree
to which the Purchaser is subject, except for any filings required after the date hereof under federal or state securities laws.

 

C. Investment
Representations.

 

(i) The
Purchaser is acquiring the Private Placement Units, the Shares and Private Placement Warrants included in the Private Placement Units
and, upon exercise of the Private Placement Warrants, the Shares issuable upon such exercise (collectively, the “Securities”)
for its own account, for investment purposes only and not with a view towards, or for resale in connection with, any public sale or distribution
thereof.

 

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(ii) The
Purchaser understands that the Securities are being offered and will be sold to it in reliance on specific exemptions from the registration
requirements of the United States federal and state securities laws and that the Company is relying upon the truth and accuracy of, and
the Purchaser’s compliance with, the representations and warranties of the Purchaser set forth herein in order to determine the
availability of such exemptions and the eligibility of the Purchaser to acquire such Securities.

 

(iii) The
Purchaser is an “accredited investor” as such term is defined in Rule 501(a)(3) of Regulation D under the Securities Act,
and the Purchaser has not experienced a disqualifying event as enumerated pursuant to Rule 506(d) of Regulation D under the Securities
Act. The Purchaser did not decide to enter into this Agreement as a result of any general solicitation or general advertising within the
meaning of Rule 502(c) of Regulation D under the Securities Act.

 

(iv) The
Purchaser has been furnished with all materials relating to the business, finances and operations of the Company and materials relating
to the offer and sale of the Securities which have been requested by the Purchaser. The Purchaser has been afforded the opportunity to
ask questions of the executive officers and directors of the Company. The Purchaser understands that its investment in the Securities
involves a high degree of risk and it has sought such accounting, legal and tax advice as it has considered necessary to make an informed
investment decision with respect to the acquisition of the Securities.

 

(v) The
Purchaser understands that no United States federal or state agency or any other government or governmental agency has passed on or made
any recommendation or endorsement of the Securities or the fairness or suitability of the investment in the Securities by the Purchaser
nor have such authorities passed upon or endorsed the merits of the offering of the Securities.

 

(vi) The
Purchaser understands that: (a) the Securities have not been and are not being registered under the Securities Act or any state securities
laws, and may not be offered for sale, sold, assigned or transferred unless (1) subsequently registered thereunder or (2) sold in reliance
on an exemption therefrom; (b) except as specifically set forth in the Registration Rights Agreement, neither the Company nor any other
person is under any obligation to register the Securities under the Securities Act or any state securities laws or to comply with the
terms and conditions of any exemption thereunder; and (c) Rule 144 adopted pursuant to the Securities Act will not be available for resale
transactions of the Securities prior to a Business Combination and may not be available for resale transactions of the Securities after
a Business Combination.

 

(vii) The
Purchaser has such knowledge and experience in financial and business matters, knowledge of the high degree of risk associated with investments
in the securities of companies in the development stage such as the Company, is capable of evaluating the merits and risks of an investment
in the Securities and is able to bear the economic risk of an investment in the Securities in the amount contemplated hereunder for an
indefinite period of time. The Purchaser has adequate means of providing for its current financial needs and contingencies and will have
no current or anticipated future needs for liquidity which would be jeopardized by the investment in the Securities. The Purchaser can
afford a complete loss of its investments in the Securities.

 

(viii) The
Purchaser understands that the Private Placement Warrants shall bear the legend substantially in the form set forth in the Warrant Agreement
and be subject to appropriate “stop transfer restrictions”.

 

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Section 4. Conditions of the
Purchaser’s Obligations.

 

The obligations of the Purchaser to purchase and
pay for the Private Placement Units are subject to the fulfillment, on or before each Closing Date, of each of the following conditions:

 

A. Representations
and Warranties. The representations and warranties of the Company contained in Section 2 shall be true and correct at and as of such
Closing Date as though then made.

 

B. Performance.
The Company shall have performed and complied with all agreements, obligations and conditions contained in this Agreement that are required
to be performed or complied with by it on or before such Closing Date.

 

C. No
Injunction. No litigation, statute, rule, regulation, executive order, decree, ruling or injunction shall have been enacted, entered,
promulgated or endorsed by or in any court or governmental authority of competent jurisdiction or any self-regulatory organization having
authority over the matters contemplated hereby, which prohibits the consummation of any of the transactions contemplated by this Agreement
or the Warrant Agreement.

 

D. Warrant
Agreement and Registration Rights Agreement. The Company shall have entered into the Warrant Agreement and the Registration Rights
Agreement, in each case on terms satisfactory to the Purchaser.

 

Section 5. Conditions of the
Company’s Obligations.

 

The obligations of the Company to the Purchaser
under this Agreement are subject to the fulfillment, on or before each Closing Date, of each of the following conditions:

 

A. Representations
and Warranties. The representations and warranties of the Purchaser contained in Section 3 shall be true and correct at and as of
such Closing Date as though then made.

 

B. Performance.
The Purchaser shall have performed and complied with all agreements, obligations and conditions contained in this Agreement that are required
to be performed or complied with by the Purchaser on or before such Closing Date.

 

C. Corporate
Consents. The Company shall have obtained the consent of its Board of Directors authorizing the execution, delivery and performance
of this Agreement and the Warrant Agreement and the issuance and sale of the Private Placement Units hereunder.

 

D. No
Injunction. No litigation, statute, rule, regulation, executive order, decree, ruling or injunction shall have been enacted, entered,
promulgated or endorsed by or in any court or governmental authority of competent jurisdiction or any self-regulatory organization having
authority over the matters contemplated hereby, which prohibits the consummation of any of the transactions contemplated by this Agreement
or the Warrant Agreement.

 

E. Warrant
Agreement. The Company shall have entered into the Warrant Agreement.

 

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Section 6. Termination.

 

This Agreement may be terminated at any time after
March 31, 2022 upon the election by either the Company or the Purchaser upon written notice to the other party if the closing of the Public
Offering has not occurred prior to such date.

 

Section 7. Survival of Representations and
Warranties.

 

All of the representations and warranties contained
herein shall survive the applicable Closing Date.

 

Section 8. Definitions.

 

Terms used but not otherwise defined in this Agreement
shall have the meaning assigned to such terms in the Registration Statement.

 

Section 9. Miscellaneous.

 

A. Successors
and Assigns. Except as otherwise expressly provided herein, all covenants and agreements contained in this Agreement by or on behalf
of any of the parties hereto shall bind and inure to the benefit of the respective successors of the parties hereto whether so expressed
or not. Notwithstanding the foregoing or anything to the contrary herein, the parties may not assign this Agreement, other than assignments
by the Purchaser to affiliates thereof (including, without limitation, one or more of its members).

 

B. Severability.
Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable
law, but if any provision of this Agreement is held to be prohibited by or invalid under applicable law, such provision shall be ineffective
only to the extent of such prohibition or invalidity, without invalidating the remainder of this Agreement.

 

C. Counterparts.
This Agreement may be executed simultaneously in two or more counterparts, none of which need contain the signatures of more than one
party, but all such counterparts taken together shall constitute one and the same agreement. Signatures to this Agreement transmitted
via facsimile or e-mail shall be valid and effective to bind the party so signing.

 

D. Descriptive
Headings; Interpretation. The descriptive headings of this Agreement are inserted for convenience only and do not constitute a substantive
part of this Agreement. The use of the word “including” in this Agreement shall be by way of example rather than by limitation.

 

E. Governing
Law. This Agreement shall be deemed to be a contract made under the laws of the State of New York and for all purposes shall be construed
in accordance with the internal laws of the State of New York.

 

F. Amendments.
This Agreement may not be amended, modified or waived as to any particular provision, except by a written instrument executed by the parties
hereto.

 

[Signature page follows]

 

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IN WITNESS WHEREOF, the parties hereto have executed
this Agreement to be effective as of the date first set forth above.

 

	 	COMPANY:
	 	 	 	 
	 	EVE MOBILITY ACQUISITION CORP
	 	 	 	 
	 	By:	/s/ Scott Painter
	 	 	Name:	Scott Painter
	 	 	Title:	Chief Executive Officer
	 	 	 	 
	 	PURCHASER:
	 	 	 	 
	 	eve mobility sponsor llc
	 	 	 	 
	 	By:	/s/ Scott Painter
	 	 	Name:	Scott Painter
	 	 	Title:	Manager
	 	 	 	 

 

 

8Exhibit 10.5

 

UNIT SUBSCRIPTION AGREEMENT

 

This UNIT SUBSCRIPTION AGREEMENT
(this “Agreement”) is made as of the 14th day of December 2021, by and between EVe Mobility Acquisition Corp,
a Cayman Islands exempted company (the “Company”), Cantor Fitzgerald & Co. (“Cantor”)
and Moelis & Company Group LP, an affiliate of Moelis & Company, LLC (“Moelis,” and together with Cantor
the “Subscribers,” and each a “Subscriber”).

 

WHEREAS, the Company desires
to sell to the Subscribers on a private placement basis (the “Offering”) an aggregate of 157,143 units (the
“Units”) of the Company in accordance with the allocation set forth on Schedule A hereto, each Unit comprised
of one Class A ordinary share of the Company, par value $0.0001 per share (“Ordinary Shares”) and one-half
of one warrant, each whole warrant exercisable to purchase one Ordinary Share (“Warrant”), for a purchase price
of $10.00 per Unit. The Ordinary Shares underlying the Warrants are hereinafter referred to as the “Warrant Shares”.
The Ordinary Shares underlying the Units (excluding the Warrant Shares) are hereinafter referred to as the “Placement Shares.”
The Warrants underlying the Units are hereinafter referred to as the “Placement Warrants.” The Units, Placement
Shares, Placement Warrants and Warrant Shares, collectively, are hereinafter referred to as the “Securities.”
Each whole Placement Warrant is exercisable to purchase one Ordinary Share at an exercise price of $11.50 thirty (30) days following
the consummation of the Company’s initial business combination (the “Business Combination”), as such
term is defined in the registration statement in connection with the Company’s initial public offering (the “IPO”),
as amended at the time it becomes effective (the “Registration Statement”), and expiring on the fifth anniversary
of the consummation of the Business Combination (provided that, so long as the Placement Warrants are held by the Subscribers or their
designees, the Subscribers or their designees will not be permitted to exercise such Placement Warrants after the five year anniversary
of the effective date of the Registration Statement); and

 

WHEREAS, the Subscribers
wish to purchase an aggregate of 157,143 Units, and the Company wishes to accept such subscription from the Subscribers.

 

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

 

		1.	Agreement
                                            to Subscribe

 

		(a)	 Purchase
                                            and Issuance of the Units. Upon the terms and subject to the conditions of this Agreement,
                                            the Subscribers hereby agree to purchase from the Company, and the Company hereby agrees
                                            to sell to the Subscribers, on the Closing Date (as defined below) the Units in consideration
                                            of the payment of the Purchase Price (as defined below). On the Closing Date, the Company
                                            shall, at its option, deliver to each Subscriber a certificate representing the Units purchased
                                            or effect such delivery in book-entry form.

 

		(b)	Purchase Price.
                                            As payment in full for the Initial Units being purchased under this Agreement, the Subscribers
                                            shall pay an aggregate of $1,571,430, in accordance with the allocation set forth on Schedule
                                            A hereto (the “Purchase Price”) by wire transfer of immediately
                                            available funds or by such other method as may be reasonably acceptable to the Company, to
                                            the Company or to the trust account (the “Trust Account”) at a
                                            financial institution to be chosen by the Company, maintained by Continental Stock Transfer
                                            & Trust Company, acting as trustee (“Continental”), on or prior
                                            to the Closing Date.

 

		(c)	Closing. The closing of the purchase and sale of the Units
                                            shall take place simultaneously with the closing of the IPO (the “Closing Date”).
                                            The closing of the purchase and sale of the Units shall take place at the offices of Skadden,
                                            Arps, Slate, Meagher & Flom LLP, 525 University Avenue, Suite 1400, Palo Alto, California
                                            94301, or such other place as may be agreed upon by the parties hereto.

 

     

     

    

 

		(d)	Conditions to Closing. The obligation of the Subscribers to
                                            purchase and pay for the Units as provided herein shall be subject to the satisfaction of
                                            the conditions set forth in Section 5 of the Underwriting Agreement, dated as of the date
                                            hereof, by and between the Company, Cantor and Moelis & Company LLC, as representatives
                                            of the underwriters named therein (the “Underwriting Agreement”).

 

		(e)	Termination. This Agreement and each of the obligations of
                                            the undersigned shall be null and void and without effect if a Closing does not occur prior
                                            to March 31, 2022.

 

		2.	Representations and Warranties of the Subscribers

 

Each Subscriber, severally and not jointly, represents and
warrants to the Company that:

 

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

 

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

 

		(c)	Intent. Each Subscriber is purchasing the Securities solely
                                            for investment purposes, for such Subscriber’s own account (and/or for the account
                                            or benefit of its members or affiliates, as permitted, pursuant to the terms hereof), and
                                            not with a view to the distribution thereof.

 

		(d)	Restrictions on
                                            Transfer. Each Subscriber acknowledges and understands the Units are being offered in
                                            a transaction not involving a public offering in the United States within the meaning of
                                            the Securities Act. The Securities have not been registered under the Securities Act and,
                                            if in the future either Subscriber decides to offer, resell, pledge or otherwise transfer
                                            the Securities, such Securities may be offered, resold, pledged or otherwise transferred
                                            only (A) pursuant to an effective registration statement filed under the Securities Act,
                                            (B) pursuant to an exemption from registration under Rule 144 promulgated under the Securities
                                            Act, if available, or (C) pursuant to any other available exemption from the registration
                                            requirements of the Securities Act, and in each case in accordance with any applicable securities
                                            laws of any state or any other jurisdiction. Notwithstanding the foregoing, each Subscriber
                                            acknowledges and understands the Securities are subject to transfer restrictions as described
                                            in Section 7 hereof. Each Subscriber agrees that if any transfer of its Securities
                                            or any interest therein is proposed to be made, as a condition precedent to any such transfer,
                                            each Subscriber may be required to deliver to the Company an opinion of counsel satisfactory
                                            to the Company with respect to such transfer. Absent registration or another available exemption
                                            from registration, each Subscriber agrees it will not resell the Securities (unless otherwise
                                            permitted pursuant to the terms hereof). Each Subscriber further acknowledges that because
                                            the Company is a shell company, Rule 144 may not be available to either Subscriber for the
                                            resale of the Securities until the one year anniversary following consummation of the initial
                                            Business Combination of the Company, despite technical compliance with the requirements of
                                            Rule 144 and the release or waiver of any contractual transfer restrictions.

 

		(e)	Sophisticated Investor.

 

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

 

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

 

		(f)	Organization and Authority. Each Subscriber is duly organized,
                                            validly existing and in good standing under the laws of its state of incorporation or formation
                                            and it possesses all requisite power and authority necessary to carry out the transactions
                                            contemplated by this Agreement.

 

		(g)	Authority. This Agreement has been validly authorized, executed
                                            and delivered by each Subscriber and is a valid and binding agreement enforceable in accordance
                                            with its terms, subject to the general principles of equity and to bankruptcy or other laws
                                            affecting the enforcement of creditors’ rights generally.

 

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

 

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

 

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

 

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

 

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

 

    3

     

    

 

		3.	Representations, Warranties and Covenants of the Company

 

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

 

		(a)	Valid Issuance of Ordinary Shares. The total number
of shares of all classes which the Company has authority to issue is 500,000,000 Ordinary Shares, 50,000,000 Class B ordinary shares,
$0.0001 par value per share (the “Class B Ordinary Shares”), and 5,000,000 preference shares, $0.0001 par value
per share (“Preference Shares”). As of the date hereof, the Company has issued and outstanding 8,433,333 Class
B Ordinary Shares (of which up to 1,100,000 Class B Ordinary Shares are subject to forfeiture as described in the Registration Statement),
no Ordinary Shares and no Preference Shares. All of the issued ordinary shares of the Company have been duly authorized, validly issued,
and are fully paid and non-assessable.

 

		(b)	Title to Securities. Upon issuance in accordance with, and
                                            payment pursuant to, the terms hereof and that certain warrant agreement to be entered into
                                            between the Company and Continental, as warrant agent (the “Warrant Agreement”),
                                            as the case may be, each of the Units, Placement Shares, Placement Warrants and Warrant Shares
                                            (after issuance) will be duly and validly issued, fully paid and non-assessable. On the date
                                            of issuance of the Units, the Warrant Shares shall have been reserved for issuance. Upon
                                            issuance in accordance with, and payment pursuant to, the terms hereof and the Warrant Agreement,
                                            as the case may be, each Subscriber will have or receive good title to the Units, Placement
                                            Shares and Placement Warrants, free and clear of all liens, claims and encumbrances of any
                                            kind, other than (i) transfer restrictions hereunder and (ii) transfer restrictions under
                                            federal and state securities laws.

 

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

 

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

 

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

 

		(f)	Additional Representations and Warranties. The representations
                                            and warranties of the Company set forth in the Underwriting Agreement are hereby incorporated
                                            herein.

 

    4

     

    

 

		4.	Legends

 

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

 

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

 

“THE SECURITIES REPRESENTED BY
THIS CERTIFICATE ARE SUBJECT TO LOCKUP PURSUANT TO A UNIT SUBSCRIPTION AGREEMENT BETWEEN EVE MOBILITY ACQUISITION CORP, CANTOR FITZGERALD
& CO. AND MOELIS & COMPANY GROUP LP AND MAY ONLY BE OFFERED, SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED DURING THE TERM
OF THE LOCKUP PURSUANT TO THE TERMS SET FORTH IN THE UNIT SUBSCRIPTION AGREEMENT.”

 

		(b)	Subscribers’ Compliance. Nothing in this Section
                                            4 shall affect in any way the Subscribers’ obligations and agreements to comply
                                            with all applicable securities laws upon resale of the Securities.

 

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

 

		(d)	Registration Rights. The Subscribers will be entitled
to certain registration rights which will be governed by a registration and shareholder rights agreement (“Registration Rights
Agreement”) to be entered into between, among others, the Subscribers and the Company, on or prior to the effective date
of the Registration Statement. Pursuant to the Registration Rights Agreement, the Subscribers may not exercise their demand and “piggyback”
registration rights after five (5) and seven (7) years, respectively, after the effective date of the Registration Statement and may
not exercise their demand rights on more than one occasion.

 

		5.	Waiver of Liquidation Distributions.

 

In connection with the Securities purchased pursuant
to this Agreement, the Subscribers hereby waive any and all right, title, interest or claim of any kind in or to any distributions of
the amounts in the Trust Account with respect to the Securities, whether (i) in connection with the exercise of redemption rights if
the Company consummates the Business Combination, (ii) in connection with any tender offer conducted by the Company prior to a Business
Combination, (iii) upon the Company’s redemption of Ordinary Shares sold in the Company’s IPO upon the Company’s failure
to timely complete the Business Combination or (iv) in connection with a shareholder vote to approve an amendment to the Company’s
amended and restated memorandum and articles of association (A) to modify the substance or timing of the Company’s obligation to
redeem 100% of the Company’s public shares if the Company does not timely complete the Business Combination or (B) with respect
to any other provision relating to shareholders’ rights or pre-Business Combination activity. In the event the Subscribers purchase
Units or Ordinary Shares in the IPO or in the aftermarket, any additional Ordinary Shares so purchased shall not be subject to any restrictions
set forth herein with respect to the Securities (except as required by applicable law), and shall be eligible to receive the redemption
value of such Ordinary Shares upon the same terms offered to all other purchasers of Units in the IPO or Units or Ordinary Shares in
the aftermarket in the event the Company fails to consummate the Business Combination. Nothing herein shall preclude either Subscriber
from making any claim or seeking recourse against the Company’s funds held outside of the Trust Account or seeking to enforce the
terms of the Underwriting Agreement.

 

		6.	Terms of Placement Warrants.

 

Each Placement Warrant shall have the terms set
forth in the Warrant Agreement.

 

    5

     

    

 

		7.	Lock-Up Period.

 

		(a)	Lock-Up. The Subscribers agree that they shall
not Transfer any Securities until 30 days following the consummation of the Business Combination; provided, however, that Transfers of
Securities are permitted (a) to the Company’s directors or officers, any affiliates or family members of any of the Company’s
officers or directors or any affiliate of the Subscribers or to any member(s) of the Subscribers or any of their affiliates; (b) in the
case of an individual, by gift to a member of the individual’s immediate family or to a trust, the beneficiary of which is a member
of the individual’s immediate family or an affiliate of such person, or to a charitable organization; (c) in the case of an individual,
by virtue of laws of descent and distribution upon death of such individual; (d) in the case of an individual, pursuant to a qualified
domestic relations order; (e) by private sales or transfers made in connection with any forward purchase agreement or similar arrangement
or in connection with the consummation of the Business Combination at prices no greater than the price at which the shares or warrants
were originally purchased; (f) in the event of the Company’s liquidation prior to the completion of the Business Combination; (g)
by virtue of the laws of its jurisdiction or its organizational documents or operating agreement or (h) in the event of the Company’s
liquidation, merger, share exchange, asset acquisition, share purchase, reorganization or other similar transaction which results in
all of the Company’s shareholders having the right to exchange their Ordinary Shares for cash, securities or other property subsequent
to the Business Combination; provided, however, that in the case of clauses (a) through (e) or (g), these permitted transferees must
enter into a written agreement with the Company agreeing to be bound by the Transfer restrictions herein.

 

		(b)	Transfer. For purposes of Section 7(a), the term “Transfer”
                                            shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge,
                                            grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly
                                            or indirectly, or establishment or increase of a put equivalent position or liquidation with
                                            respect to or decrease of a call equivalent position within the meaning of Section 16 of
                                            the Securities Exchange Act of 1934, as amended, and the rules and regulations of the SEC
                                            promulgated thereunder with respect to, any of the Securities, (b) entry into any swap or
                                            other arrangement that transfers to another, in whole or in part, any of the economic consequences
                                            of ownership of any of the Securities, whether any such transaction is to be settled by delivery
                                            of such Securities, in cash or otherwise, or (c) public announcement of any intention to
                                            effect any transaction specified in clause (a) or (b).

 

		(c)	FINRA. In addition to the restrictions on transfer described
                                            in Section 7(a), the Subscribers acknowledge and agree that the Units and their component
                                            parts and the related registration rights will be deemed compensation by the Financial Industry
                                            Regulatory Authority (“FINRA”) and will therefore, pursuant to
                                            Rule 5110(e) of the FINRA Manual, be subject to lock-up for a period of 180 days immediately
                                            following the date of effectiveness or commencement of sales in the IPO, subject to FINRA
                                            Rule 5110(e)(2). Additionally, the Units and their component parts and the related registration
                                            rights may not be sold, transferred, assigned, pledged or hypothecated during the foregoing
                                            180 day period following the effective date of the Registration Statement except to any underwriter
                                            or selected dealer participating in the IPO and the bona fide officers or partners of any
                                            Subscriber and any such participating underwriter or selected dealer. Additionally, the Units
                                            and their component parts and the related registration rights will not be the subject of
                                            any hedging, short sale, derivative, put or call transaction that would result in the economic
                                            disposition of such securities by any person for a period of 180 days immediately following
                                            the date of effectiveness or commencement of sales in the IPO.

 

		8.	Terms of the Units

 

The Units and their component parts are
substantially identical to the units to be offered in the IPO except that: (i) the Units and component parts are subject to the
transfer restrictions described in Section 7 hereof, and (ii) the Units and component parts are being purchased pursuant to
an exemption from the registration requirements of the Securities Act and will become freely tradable only after the expiration of
the lockup described above in clause (i) and they are registered pursuant to the Registration Rights Agreement or an exemption from
registration is available, and the restrictions described above in clause (i) has expired.

 

		9.	Governing Law; Jurisdiction; Waiver of Jury Trial

 

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

 

    6

     

    

 

		10.	Assignment; Entire Agreement; Amendment

 

		(a)	Assignment. Neither this Agreement nor any rights hereunder
                                            may be assigned by any party to any other person other than by either of the Subscribers
                                            to a person agreeing to be bound by the terms hereof, including the transfer restrictions
                                            contained in Section 7 hereof.

 

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

 

		(c)	Amendment. Except as expressly provided in this Agreement,
                                            neither this Agreement nor any term hereof may be amended, waived, discharged or terminated
                                            other than by a written instrument signed by all of the parties hereto.

 

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

 

		11.	Notices

 

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

 

		12.	Counterparts

 

This 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 party, it being understood that both parties need not sign the same counterpart.
In the event that any signature is delivered by facsimile transmission or by e-mail delivery of a “pdf” format data file,
such signature shall create a valid and binding obligation of the party executing (or on whose behalf such signature is executed) with
the same force and effect as if such facsimile or “.pdf” signature page were an original thereof.

 

		13.	Survival; Severability

 

		(a)	Survival. The representations, warranties, covenants and agreements
                                            of the parties hereto shall survive the Closing Date.

 

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

 

		14.	Headings.

 

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

 

[remainder of page intentionally left blank]

 

    7

     

    

 

IN WITNESS WHEREOF, the parties hereto have executed
this Agreement to be effective as of the date first set forth above.

 

	 	COMPANY:
	 	 
	 	EVE MOBILITY ACQUISITION CORP
	 	 
	 	By:	/s/ Kash Sheikh
	 	 	Name: 	Kash Sheikh
	 	 	Title:	Chief Financial Officer
	 	 
	 	SUBSCRIBER:
	 	 
	 	CANTOR FITZGERALD & CO.
	 	 
	 	By:	/s/ Sage
    Kelly
	 	 	Name:	 Sage Kelly
	 	 	Title:	 
	 	 	 	 
	 	SUBSCRIBER:
	 	 
	 	MOELIS & COMPANY GROUP LP
	 	 
	 	By:	/s/ Osamu Watanabe
	 	 	Name: 	 Osamu Watanabe
	 	 	Title:	 General Counsel

 

[Signature Page to Unit Subscription Agreement]

 

     

     

    

 

SCHEDULE A

 	Subscriber	 	Number of

 Units	 	 	Purchase

 Price	 
	Cantor Fitzgerald & Co.	 	 	110,000	 	 	$	1,100,000	 
	Moelis & Company Group LP	 	 	47,143	 	 	$	471,430	 
	Total	 	 	157,143	 	 	$	1,571,430

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