Document:

Exhibit 10.6

      

      

      L&F ACQUISITION CORP.

      150 North Riverside Plaza, Suite 5200

      Chicago, IL 60606

       

      

      November 23, 2020

       

      

      JAR Sponsor, LLC

      150 North Riverside Plaza, Suite 5200

      Chicago, IL 60606

       

      

      Ladies and Gentlemen:

       

      

      This letter will confirm our agreement that, commencing on the effective date (the “Effective Date”) of the registration statement (the “Registration Statement”) for the initial public offering (the “IPO”) of the securities of L&F Acquisition Corp. (the “Company”)
        and continuing until the earlier of (i) the consummation by the Company of an initial business combination and (ii) the Company’s liquidation (in each case as described in the Registration Statement) (such earlier date hereinafter referred to as
        the “Termination Date”), JAR Sponsor, LLC (the “Sponsor”) shall take steps directly or indirectly to make available to the Company certain office space, secretarial
        and administrative services as may be required by the Company from time to time, situated at 150 North Riverside Plaza, Suite 5200, Chicago, Illinois (or any successor location). In exchange therefore, the Company shall pay the Sponsor a sum of
        $10,000 per month on the Effective Date and continuing monthly thereafter until the Termination Date. The Sponsor hereby agrees that it does not have any right, title, interest or claim of any kind (a “Claim”)
        in or to any monies that may be set aside in a trust account (the “Trust Account”) that may be established upon the consummation of the IPO and hereby irrevocably waives any Claim it may have in the future
        as a result of, or arising out of, any negotiations, contracts or agreements with the Company and will not seek recourse against the Trust Account for any reason whatsoever.

       

      

      This letter agreement constitutes the entire agreement and understanding of the parties hereto in respect of its subject matter and supersedes all prior understandings, agreements, or
        representations by or among the parties hereto, written or oral, to the extent they relate in any way to the subject matter hereof or the transactions contemplated hereby.

       

      

      This letter agreement may not be amended, modified or waived as to any particular provision, except by a written instrument executed by the parties hereto.

       

      

      The parties may not assign this letter agreement and any of their rights, interests, or obligations hereunder without the consent of the other party.

       

      

      This letter agreement shall be governed by, construed in accordance with, and interpreted pursuant to the laws of the State of New York, without giving effect to its choice of laws principles that
        will apply the laws of another jurisdiction.

       

      

      This letter agreement may be executed in one or more counterparts, each of which shall for all purposes be deemed to be an original but all of which together shall constitute one and the same
        agreement. Only one such counterpart signed by the party against whom enforceability is sought needs to be produced to evidence the existence of this letter agreement.

       

      

      [Signature Page Follows]

      

      

      
        
          

      

      
      	 	
              Very truly yours,

            
	 	 	 
	 	
              L&F ACQUISITION CORP.

            
	 	 	 
	 	
              By:

            	/s/ Adam Gerchen

            
	 	
              Name:

            	Adam Gerchen

            
	 	
              Title:

            	Chief Executive Officer

            

       

      

      	
              AGREED AND ACCEPTED BY:

            	 
	 	 	 
	
              JAR SPONSOR, LLC

            	 
	 	 	 
	
              By:

            	/s/ Zachary Malkin

            	 
	
              Name:

            	Zachary Malkin

            	 
	
              Title:

            	Secretary	 

      

      

      

      

      2EX-4.1

 EXHIBIT 4.1 
  

			
	 NUMBER
	  	SAILSM securities

 U-             

SEE REVERSE FOR CERTAIN DEFINITIONS 

CUSIP [                    ] 

CBRE ACQUISITION HOLDINGS, INC. 

SAILSM (STAKEHOLDER ALIGNED INITIAL LISTING) SECURITY CONSISTING OF ONE SHARE OF
CLASS A COMMON STOCK AND ONE-FIFTH OF ONE WARRANT TO PURCHASE ONE SHARE OF CLASS A COMMON STOCK 

THIS CERTIFIES THAT
                     is the owner of
                     SAILSM securities. 

Each SAILSM security (“SAILSM security”) consists of one (1) share of Class A common stock, par value $0.0001 per share (“Common Stock”), of CBRE Acquisition Holdings,
Inc., a Delaware corporation (the “Company”), and one-fifth (1/5) of one warrant (a “Warrant”). Each whole Warrant entitles the holder to purchase one
(1) share (subject to adjustment) of Common Stock for $11.00 per share (subject to adjustment). Each Warrant will become exercisable on the later of (i) thirty (30) days after the Company’s completion of a merger, capital
stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses (each, a “Business Combination”), or (ii) twelve (12) months from the closing of
the Company’s initial public offering, and will expire unless exercised before 5:00 p.m., New York City Time, on the date that is five (5) years after the date on which the Company completes its initial Business Combination, or earlier
upon redemption or liquidation (the “Expiration Date”). The Common Stock and Warrants comprising the SAILSM securities represented by this certificate are not
transferable separately prior to                 ,                 unless Morgan
Stanley & Co. LLC elects to allow separate trading earlier, subject to the Company’s filing of a Current Report on Form 8-K with the Securities and Exchange Commission containing an audited
balance sheet reflecting the Company’s receipt of the gross proceeds of the Company’s initial public offering and issuing a press release announcing when separate trading will begin. No fractional warrants will be issued upon separation of
the SAILSM securities. The terms of the Warrants are governed by a Warrant Agreement, dated as of             , 2020, between the
Company and Continental Stock Transfer & Trust Company, as Warrant Agent, and are subject to the terms and provisions contained therein, all of which terms and provisions the holder of this certificate consents to by acceptance
hereof. Copies of the Warrant Agreement are on file at the office of the Warrant Agent at 1 State Street, 30th Floor, New York, New York 10004, and are available to any Warrant holder on written request and without cost. 

This certificate is not valid unless countersigned by the Transfer Agent and Registrar of the Company. 

This certificate shall be governed by and construed in accordance with the internal laws of the State of New York. 

Witness the facsimile signature of its duly authorized officers. 
  

 
  

					
	  
	 		 	  

	Chief Executive Officer	 		 	President, Chief Financial Officer and Secretary

 CBRE Acquisition Holdings, Inc. 

The Company will furnish without charge to each holder of a SAILSM security who so
requests, a statement of the powers, designations, preferences and relative, participating, optional or other special rights of each class of stock or series thereof of the Company and the qualifications, limitations, or restrictions of such
preferences and/or rights. 
 The following abbreviations, when used in the inscription on the face of this certificate, shall be construed
as though they were written out in full according to applicable laws or regulations: 
  

													
	TEN COM	 	—	  	as tenants in common	  	UNIF GIFT MIN ACT            —	  	Custodian	  	
							
		 		  		  	    	  	                    	  		  	                    
	TEN ENT	 	—	  	as tenants by the entireties	  		  	(Cust)    	  		  	    (Minor)
					
	JT TEN	 	—	  	as joint tenants with right of survivorship and not as tenants in common	  		  	under Uniform Gifts to Minors Act
		 		  		  		  	                    (State)             
       

 Additional abbreviations may also be used though not in the above list. 

 
  

For value received,                      hereby
sells, assigns and transfers unto 
  
  

PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE 
  

 
 (PLEASE PRINT OR TYPEWRITE NAME AND
ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE) 

                       
                                         
                 SAILSM securities represented by the within Certificate, 

and does hereby irrevocably constitute and appoint
                         Attorney 

to transfer the said SAILSM securities on the books of the within named Company with full
power of substitution in the premises. 
  

			
	Dated                     	 	
		 	  
 Notice: The signature to this assignment
must correspond with the name as written upon the face of the certificate in every particular, without alteration or enlargement or any change whatever.

 Signature(s) Guaranteed: 

 
  

THE SIGNATURE(S) MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH
MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15 (OR ANY SUCCESSOR RULE). 

In each case, as more fully described in the Company’s final prospectus dated            ,
2020, the holder of this certificate shall be entitled to receive a pro-rata portion of certain funds held in the trust account established in connection with its initial public offering only in the event
that (i) the Company redeems the shares of Common Stock sold in its initial public offering and liquidates because it does not consummate an initial Business Combination within the period of time set forth in the Company’s amended and
restated certificate of incorporation, as the same may be amended from time to time, (ii) the Company redeems the shares of Common Stock sold in its initial public offering in connection with a stockholder vote to amend the Company’s
amended and restated certificate of incorporation to modify the substance or timing of the Company’s obligation to redeem 100% of the Common Stock if it does not consummate an initial Business Combination within the period of time set forth in
the Company’s amended and restated certificate of incorporation, as the same may be amended from time to time, or with respect to any other provisions relating to the rights of holders of Common Stock, or (iii) if the
holder seeks to redeem for cash such holder’s respective shares of Common Stock in connection with a tender offer (or proxy solicitation, solely in the event the Company seeks stockholder approval of the proposed initial Business
Combination) setting forth the details of a proposed initial Business Combination. In no other circumstances shall the holder have any right or interest of any kind in or to the trust account.

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