Securities Subscription Agreement between the Registrant and FG SPAC Partners LP
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EX-10.11 21 tm213277d2_ex10-11.htm EXHIBIT 10.11
Exhibit 10.11
SUBSCRIPTION AGREEMENT
TO: The Directors of Aldel Financial Inc. (the “Company”).
The undersigned hereby subscribes for 690,000 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 $5,000 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: | FG SPAC Partners LP | |
| Address: | Attn: Larry G. Swets, Jr., CEO of the Manager |
105 S. Maple Street
Itasca, IL 60143
Email: ***@***
FG SPAC PARTNERS LP
| Signed: | /s/ Larry G. Swets | |
| Name: Larry G. Swets, Jr. | ||
| Title: CEO of the Manager of FG SPAC Partners LP | ||
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
