SUBSCRIPTION AGREEMENT
Exhibit 10.11
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: Xxxxx X. Xxxxx, Xx., CEO of the Manager |
000 X. Xxxxx Xxxxxx
Xxxxxx, XX 00000
Email: xxxxxx@xxxxxxxxxxxxxxx.xxx
FG SPAC PARTNERS LP
| Signed: | /s/ Xxxxx X. Xxxxx | |
| Name: Xxxxx X. Xxxxx, Xx. | ||
| Title: CEO of the Manager of FG SPAC Partners LP | ||
Dated: January 11, 2021
Accepted:
| Signed: | /s/ Xxxxxx Xxxx Baqar | |
| Name: Xxxxxx Xxxx Baqar | ||
| Title: Chief Financial Officer | ||
Dated: January 11, 2021
