Subscription Agreement between Frontier Investment Corp and Frontier Disruption Capital for Class B Ordinary Shares
Frontier Disruption Capital agrees to purchase 7,187,500 Class B ordinary shares of Frontier Investment Corp for $25,000. The agreement states that up to 937,500 of these shares may be forfeited if the underwriters of the company's initial public offering do not fully exercise their over-allotment option. The shares are subject to the company's Memorandum and Articles of Association. Both parties have signed the agreement on March 24, 2021.
Exhibit 10.6
SUBSCRIPTION AGREEMENT
| TO: | The Directors of Frontier Investment Corp (the “Company”). |
The undersigned hereby subscribes for 7,187,500 Class B ordinary shares (the “Shares”) of the Company. In consideration for the issue of the Shares, the undersigned hereby agrees and undertakes to pay $25,000 to the Company.
The undersigned agrees to take the Shares subject to the Memorandum and Articles of Association, as may be amended and restated from time to time, of the Company and authorizes you to enter the following name and address in the shareholder ledger of the Company:
| Name: | Frontier Disruption Capital |
| Address: | PO Box 309, Ugland House, |
| Grand Cayman, KY1-1104, | |
| Cayman Islands |
The undersigned acknowledges and agrees that up to 937,500 of the Shares are subject to forfeiture by you if the underwriters of the initial public offering of units of the Company do not fully exercise their over-allotment option.
Frontier Disruption Capital
| /s/ Arif Mansuri | ||
| Signed: | ||
| Name: | Arif Mansuri | |
| Title: | Director | |
| Dated: | 24 March, 2021 | |
| Accepted: | ||
| Frontier Investment Corp | ||
| /s/ Arif Mansuri | ||
| Signed: | ||
| Name: | Arif Mansuri | |
| Title: | Director | |
| Dated: | 24 March, 2021 | |
