Exhibit 10.11

SUBSCRIPTION AGREEMENT

AND INVESTMENT REPRESENTATION

CONFIDENTIAL

Mr. Daniel W. Dowe
American Home Foods, Inc.
Investors Relations and Legal Affairs
67 Wall Street, Suite 2001
New York, New York 10005

Dear Mr. Dowe:

This letter will acknowledge that the undersigned hereby irrevocably subscribes
to purchase shares of common stock in American Home Food Products, Inc. (the
“Company”) as set forth below for a purchase price of $.15 per share (“Common
Stock”) price set forth herein. The Company is offering (the “Offering Shares”)
pursuant to the Company’s publicly-filed reports with the United States
Securities and Exchange Commission (“SEC Reports”). The undersigned has received
and reviewed the SEC Reports and is not relying upon any statement,
representation or information that is not expressly set forth therein. The
undersigned hereby agrees to be bound by all the provisions of this Agreement
and further agrees that this Subscription Agreement may be rejected by the
Company, in whole or in part, and is irrevocable, except as otherwise provided
under applicable law.

The undersigned, and its representatives (as defined below), should it elect to
seek the advice of a representative, understands that the Offering Shares being
offered are not subject to an effective registration statement under the
Securities Act of 1933, as amended (the “Securities Act”) and applicable state
securities laws (“State Acts”), although the Company intends to register for
resale all Offering Shares and may include other shares in the registration
statement. It is further understood that the Offering Shares are being made
pursuant to a limited number of accredited investors in reliance on exemptions
provided by Section 4(2) of the Securities Act and applicable exemptions under
State Acts. The undersigned further understands that no governmental authority
has made any finding or determination relating to the fairness or the merits of
the Offering.

The undersigned also understands that the representations, understandings and
agreements of the undersigned set forth herein are being relied upon by the
Company in connection with the offer and sale of the Offering Shares to qualify
such offer and sale for exemptions from registration under the Securities Act
and the State Acts. The undersigned understands that the information

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supplied in this Agreement will be disclosed to no one other than the Company
and its financial advisors, counsel and accountants without the undersigned’s
consent, unless it is necessary for the Company to use such information to
support the exemption from registration which it claims under the Securities Act
and the State Acts, or any other lawful purpose.

I. REPRESENTATIONS, WARRANTIES AND COVENANTS

In order to induce the Company to permit the undersigned to purchase all, or a
designated number of the Offering Shares, the undersigned hereby warrants and
represents to the Company, as follows:

 

 

 

 

(A)

The undersigned’s name is: (please type or print)

 

 

 

 

 

Thomas Thornton, Jr.

 

 

 

 

 

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          (B)     The address of the undersigned’s principal place of business
is: 55 Curlew Road, Point Manalapan, Florida 33462 (please type or print)

          (C)     The undersigned is a natural person __x__, or a non-natural
person (specific whether corporation, partnership, trust, LLC)
__________________ duly formed and validly existing under the laws of the state
of __________________. (describe the legal entity making the purchase).

          (D)     The undersigned and its representatives, if any, have had full
and complete access to all SEC Reports regarding the offer and sale of the
Offering Shares and all of the documents referred to therein and have reviewed
the same. The undersigned is particularly familiar with the portion of any SEC
Report titled “Risk Factors” and that the pro forma forward looking information.
The undersigned understands that it may not rely on any information or
representations that are not contained in the SEC Reports.

          (E)     The undersigned acknowledges that it, along with its attorney,
accountant and any other person(s) it has retained to advise it with respect to
this investment (collectively, “representatives”), have had the opportunity to
ask questions of and receive answers from representatives of the Company
concerning the Offering Shares. The undersigned further acknowledges that the
undersigned was informed that all documents, records and books pertaining to the
Offering and the Company were at all times available to it. All such documents,
records and books requested by it have been made available to it and its
representatives. The undersigned and its representatives have been supplied with
all additional information concerning the Offering Shares and the Company as
they have requested.

          (F)     The undersigned acknowledges that it, or its representatives,
have enough knowledge and experience in financial and business matters to
evaluate the merits and risks of the investment.

          (G)     The undersigned is able to bear the economic risk of an
investment in the Offering Shares including the risk of losing part or all of
its investment in the Offering Shares.

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          (H)     The undersigned’s financial condition is such that the
undersigned is under no present or contemplated future need to dispose of all or
any portion of the Offering Shares to satisfy any existing or contemplated
undertaking, need or indebted­ness.

          (I)      The undersigned understands the illiquid nature of this
investment and acknowledges that the Offering Shares is subject to restrictions
on transfer imposed by the Securities Act and the State Acts.

          (J)      The undersigned is purchasing the Offering Shares for its own
account for investment and not with a view to divide, resell, or distribute all
or any portion of the Offering Shares.

          (K)     The undersigned agrees that the Offering Shares it purchases
may not be offered, sold or otherwise transferred unless the offer and sale is
made pursuant to: (i) an effective registration statements under the Securities
Act, (ii) an exemption from registration under the Securities Act or in a
transaction that does not otherwise require registration under the Securities
Act or any State Act, and an opinion of counsel reasonably satisfactory to the
Company has been provided to that effect.

          (L)      The undersigned understands and acknowledges that upon the
original issuance thereof, and until such time as the same is no longer required
under applicable requirements of the Securities Act or the State Acts,
certificates representing the Offering Shares, and all certificates issued in
exchange therefor or in substitution thereof, shall bear a legend similar to the
following:

 

 

 

 

“THE SHARES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT
OF 1933, AS AMENDED (THE ‘SECURITIES ACT’), AND MAY NOT BE OFFERED, SOLD OR
OTHERWISE TRANSFERRED UNLESS (i) THE OFFER AND SALE IS MADE PURSUANT TO
EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OR IN A TRANSACTION THAT
DOES NOT OTHERWISE REQUIRE REGISTRATION UNDER THE SECURITIES ACT OR ANY
APPLICABLE STATE SECURITIES LAWS, AND AN OPINION OF COUNSEL REASONABLY
SATISFACTORY TO THE COMPANY HAS BEEN PROVIDED TO THAT EFFECT; OR (ii) THE OFFER
AND SALE IS REGISTERED UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES
LAWS.”

 

 

 

 

 

Check if applicable:

 

 

 

 

x

The undersigned is an “accredited investor” within the meaning of Rule 501(a) of
Regulation D of the Securities Act because it is (please check all of the
following that are applicable):

 

 

 

 

o

A bank as defined in Section 3(a)(2) of the Securities Act, or a savings and
bank loan association or other institution as defined in Section 3(a)(5)(A) of
the

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Securities Act whether acting in its individual or fiduciary capacity; a broker
or dealer registered pursuant to Section 15 of the Securities Exchange Act of
1934; an insurance company as defined in Section 2(13) of the Securities Act; an
investment company registered under the Investment Company Act of 1940 or a
business development company as defined in Section 2(a)(48) of that Act; a Small
Business Investment Company licensed by the U.S. Small Business Administration
under Section 301(c) or (d) of the Small Business Investment Act of 1958; a plan
established and maintained by a state, its political subdivisions, or any agency
or instrumentality of a state or its political subdivisions for the benefit of
its employees, if such plan has total assets in excess of $5,000,000; an
employee benefit plan within the meaning of the Employee Retirement Income
Security Act of 1974, if the investment decision is made by a plan fiduciary as
defined in Section 3(21) of such Act, which is either a bank, savings and loan
association, insurance company, or registered investment adviser, or if the
employee benefit plan has total assets in excess of $5,000,000 or, if a
self-directed plan, with investment decisions made solely by persons that are
accredited investors;

 

 

 

 

o

A private business development company under Section 202(a)(22) of the
Investment Advisers Act of 1940;

 

 

 

 

o

An organization described in Section 501(c)(3) of the Internal Revenue Code,
corporation, Massachusetts or similar business trust, or partnership, not formed
for the specific purpose of acquiring the securities offered, with total assets
in excess of $5,000,000;

 

 

 

 

o

A director, executive officer, or general partner of the issuer of the
securities being offered or sold, or a director, executive officer, or general
partner of a general partner of the issuer;

 

 

 

 

o

A trust with total assets in excess of $5,000,000 not formed for the specific
purpose of acquiring the securities offered, whose purchase is directed by a
sophisticated person as described in Section 230.506(b)(2)(ii) of Regulation D;
and

 

 

 

 

x

An entity in which all of the equity owners are accredited investors.

II. SUBSCRIPTION

          The undersigned hereby agrees to purchase 100,000 Offering Shares for
$.15 per share pursuant to the terms, conditions and representations set forth
in the Memorandum for an aggregate purchase price of $15,000.00.

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III. PAYMENT OF SUBSCRIPTION AND CONDITIONS TO PURCHASE

The undersigned agrees that in addition to completing and executing this
Subscription Agreement, it must submit the executed Subscription Agreement along
with a check payable for the full amount of the subscription to the order of AHF
Acquisition Corporation (for the benefit of American Home Food Products, Inc.),
42 Forest Lane, Bronxville, New York 10708. If the undersigned shall elect to
make payment for the subscription by wire transfer any such transfer shall be
pursuant to written wire instructions to be furnished by the Company.

The Subscription Agreement shall be deemed accepted by the Company and become
binding on the parties upon the Company’s delivery of a fully executed copy of
the Subscription Agreement to the undersigned acknowledging its acceptance of
the Agreement. In the event the Company accepts the undersigned’s Subscription
Agreement the purchase of the Offering Shares will be irrevocable.

IV. SUCCESSORS AND ASSIGNS

This Agreement shall be binding upon and shall inure to the benefit of the
parties hereto and to the successors and assigns of the Company and to the
personal and legal representatives, successors and permitted assignees of the
undersigned. The undersigned specifically understands that it shall not assign,
or transfer this Subscription Agreement or any right or obligation arising
thereunder to any person, natural or non-natural, without the Company’s prior
written consent.

V. APPLICABLE LAW

This Agreement shall be governed by and construed in accordance with the laws of
the State of New York without reference to the New York choice of law provisions
and to the extent it involves any United States statute, in accordance with the
laws of the United States. Any action or proceeding arising hereunder or to
enforce this Agreement shall be brought exclusively in the federal or state
courts situated in the County of New York, State of New York and the parties
hereby irrevocably consent to the exclusive jurisdiction and venue of those
courts for such purposes.

VI. INDEMNIFICATION

The undersigned agrees to indemnify and hold harmless the Company, any
corporation or entity affiliated with Company and all of its officers, directors
and employees of any of the foregoing and any attorneys or other advisors
thereto, from and against any and all loss, damage, liability or expense,
including costs and reasonable attorneys’ fees, to which they or the Company may
incur by reason of or in connection with any misrepresentation made by the
undersigned, any breach of any warranties, or the undersigned’s failure to
fulfill any of the undersigned’s covenants or agreements under this Agreement.

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VII. NOTICE

Any notice required to be given under this Agreement shall be sufficient if in
writing and sent by registered or certified mail, return receipt requested, or
by telex or facsimile at the respective addresses set forth below for the
Company or at the name and address appearing in Section I (A) and (B) above for
the undersigned or such other address or addresses as may be designated by a
party to the other in writing. Any such notice shall be effective when delivered
by hand or when received by the party being noticed.

 

 

 

 

If to the Company:

 

 

 

 

American Home Food Products, Inc.

 

 

42 Forest Lane

 

 

Bronxville, New York, New York 10708

 

 

Telephone - 914-441-3591

 

 

Facsimile – 914-337-0846

 

 

Email – ddowe@ix.netcom.com

VIII. MISCELLANEOUS

It is understood and agreed that this Subscription Agreement constitutes the
full, complete and final expression of the parties’ understanding with respect
to the subject matter hereof and that any and all negotiations and
representations not included herein or referred to herein are hereby abrogated,
and that this Agreement may only be changed, amended or modified, in writing,
signed by all parties hereto.

This Agreement may be executed in one or more counterparts, each of which, when
so executed and delivered shall be an original, and all of which together shall
constitute one agreement binding upon parties hereto.

If any one clause or clauses shall be deemed illegal or unenforceable for
whatever reason, the remaining portion of this Subscription Agreement shall
continue to be binding on the parties.

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IN WITNESS WHEREOF, the undersigned has executed this Agreement as of the 12th
day of January, 2006.

 

 

 

Signed in the Presence of:

 

SUBSCRIBER

 

 

 

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Witness’ Signature

 

Print Name of Subscriber

 

 

 

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Employer Identification Number

 

Signature

 

 

 

 

 

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Name and Title of Signator

 

 

 

 

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   100,000

Number of Units Subscribed for:

 

 

 

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$15,000.00

 

 

 

Total Purchase Price:

 

 

 

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Method of Payment:

o

 

Wire

 

x

 

Personal check

 

o

 

Certified check

 

o

 

Bank check

(check one)

 

 

o

Corporation

o

Limited Liability Company

o

Partnership

o

Trust

x

Individual

o

Other (please specify)

 

 

Accepted by Issuer:

 

AMERICAN HOME FOOD PRODUCTS, INC.

 

By:

 

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