SUBSCRIPTION AGREEMENT
Exhibit 10.10
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: Xxxxxx X. Xxxxx, Manager |
| 000 X. Xxxxx Xxxxxx | |
| Xxxxxx, XX 00000 | |
| Email: xxxxxx@xxxxxxxxxx.xxx |
| ALDEL INVESTORS LLC | ||
| Signed: | /s/ Xxxxxx Xxxx Baqar | |
| Name: | Xxxxxx Xxxx Baqar | |
| Title: | Manager | |
| Signed: | /s/ Xxxxxx X. Xxxxxxxx | |
| Name: | Xxxxxx X. Xxxxxxxx | |
| Title: | Manager | |
| Dated: | January 11, 2021 | |
| Accepted: | ||
| ALDEL FINANCIAL INC. | ||
| Signed: | /s/ Xxxxxx Xxxx Baqar | |
| Name: | Xxxxxx Xxxx Baqar | |
| Title: | Chief Financial Officer | |
| Dated: | January 11, 2021 | |
