Flame Acquisition Corp.Flame Acquisition Corp. • November 30th, 2020 • Blank checks • New York
This agreement (the “Agreement”) is entered into on November 18, 2020 by and between Intrepid Financial Partners, L.L.C., a Delaware limited liability company (the “Subscriber” or “you”), and Flame Acquisition Corp., a Delaware corporation (the “Company”, “we” or “us”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to purchase 1,257,812 shares (the “Shares”) of Class B common stock, $0.0001 par value per share (the “Class B Common Stock”), up to 164,062 of which are subject to forfeiture by you if the underwriters of the initial public offering (“IPO”) of units (“Units”) of the Company, do not fully exercise their over-allotment option (the “Over-allotment Option”). The Company and the Subscriber’s agreements regarding such Shares are as follows:
