Securities Subscription Agreement between the Registrant and Aldel Investors LLC
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EX-10.10 20 tm213277d2_ex10-10.htm EXHIBIT 10.10
Exhibit 10.10
SUBSCRIPTION AGREEMENT
TO: The Directors of Aldel Financial Inc. (the “Company”).
The undersigned hereby subscribes for 2,760,000 shares of Class B common stock (the “Shares”) of the Company. In consideration for the issue of the Shares, the undersigned hereby agrees and undertakes to pay $20,000 to the Company.
We agree to take the Shares subject to the Certificate of Incorporation and By-laws of the Company and we authorize you to enter the following name and address in the stockholders ledger of the Company:
| Name: | Aldel Investors LLC |
| Address: | Attn: Hassan R. Baqar, Manager |
| 105 S. Maple Street | |
| Itasca, IL 60143 | |
| Email: ***@*** |
| ALDEL INVESTORS LLC | ||
| Signed: | /s/ Hassan Raza Baqar | |
| Name: | Hassan Raza Baqar | |
| Title: | Manager | |
| Signed: | /s/ Robert I. Kauffman | |
| Name: | Robert I. Kauffman | |
| Title: | Manager | |
| Dated: | January 11, 2021 | |
| Accepted: | ||
| ALDEL FINANCIAL INC. | ||
| Signed: | /s/ Hassan Raza Baqar | |
| Name: | Hassan Raza Baqar | |
| Title: | Chief Financial Officer | |
| Dated: | January 11, 2021 | |
