L&F Acquisition Corp.Securities Subscription Agreement • October 15th, 2020 • L&F Acquisition Corp. • Blank checks • Delaware
This agreement (this “Agreement”) is entered into on August 28, 2020 by and between JAR Sponsor, LLC, a Delaware limited liability company (the “Subscriber” or “you”), and L&F Acquisition Corp., a Cayman Islands exempted company (the “Company”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to purchase 5,750,000 Class B ordinary shares, $0.0001 par value per share (the “Shares”), up to 750,000 of which are subject to surrender and cancellation 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:
