The Woodlands, TX 77380Graf Acquisition Corp. III • April 12th, 2021 • Blank checks • New York
This agreement (the “Agreement”) is entered into on January 29, 2021 by and between Graf Acquisition Partners LLC, a Delaware limited liability company (the “Subscriber” or “you”), and Graf Acquisition Corp. III, 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 8,625,000 shares of common stock, $0.0001 par value per share (the “Shares”), up to 1,125,000 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:
