EXHIBIT 2.2
PLAN OF DOMESTICATION
This PLAN OF DOMESTICATION (the “Plan of Domestication”) is made on May 6, 2021 and sets forth the terms and conditions pursuant to which Reinvent Technology Partners, a Cayman Islands exempted company limited by its shares (“RTP”), shall effect a domestication into a Delaware corporation (the “Domestication”) to be known as Joby Aviation, Inc., pursuant to Sections 265 and 388 of the General Corporation Law of the State of Delaware (the “DGCL”).
RECITALS
WHEREAS, RTP is a Cayman Islands exempted company limited by its shares duly formed and validly existing under the laws of the Cayman Islands;
WHEREAS, the Board of Directors of RTP (the “Board”) has determined that it is advisable and in the best interests of RTP that RTP be converted into and thereafter become, and continue to exist as, a corporation in accordance with Sections 265 and 388 of the DGCL; and
WHEREAS, pursuant to Section 265(h) of the DGCL, the Board has duly approved, authorized, adopted, ratified and confirmed the Domestication pursuant to Sections 265 and 388 of the DGCL.
NOW, THEREFORE, in consideration of the covenants and agreements set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound hereby, RTP agrees as follows:
1. Domestication. Upon the Certificate of Domestication and the Certificate of Incorporation becoming effective under Section 103 of the DGCL (the “Effective Time”), RTP will be converted into a Delaware corporation, pursuant to Sections 265 and 388 of the DGCL, under the name “Joby Aviation, Inc.” (the “Corporation”) and will, for all purposes of the laws of the State of Delaware, be deemed to be the same entity as RTP. RTP will not be required to wind up its affairs or pay its liabilities and distribute its assets, and the Domestication will not be deemed to constitute a dissolution of RTP and will constitute a continuation of the existence of RTP in the form of a Delaware corporation.
2. Effective Time. RTP shall file the Certificate of Domestication, in the form attached hereto as Exhibit A, and the Certificate of Incorporation, in the form attached hereto as Exhibit B (the “Certificate of Incorporation”), with the Secretary of State of the State of Delaware pursuant to Sections 103 and 265 of the DGCL.
3. Conversion of Securities. As a result of and at the Effective Time, pursuant to the Domestication:
| (a) | each of the then issued and outstanding Class A ordinary shares par value $0.0001 per share, of RTP will convert automatically, on a one-for-one basis, into a share of Common Stock, par value $0.0001 per share, of the Corporation (“Common Stock”) having the rights, powers and privileges, and the obligations, set forth in the Certificate of Incorporation; |