Document:

Exhibit 10.4

 

January
14, 2021

 

Authentic
Equity Acquisition Corp.

32
Elm Place, 2nd Floor

Rye,
NY 10580

 

Re:Initial
Public Offering

 

Ladies
and Gentlemen:

 

This
letter (this “Letter Agreement”) is being delivered to you in accordance with the Underwriting Agreement
(the “Underwriting Agreement”) entered into by and among Authentic Equity Acquisition Corp., a Cayman
Islands exempted company (the “Company”), Jefferies LLC and BMO Capital Markets Corp., as representatives
(the “Representatives”) of the several underwriters (the “Underwriters”),
relating to an underwritten initial public offering (the “Public Offering”) of 23,000,000 of the Company’s
units (including 3,000,000 units that may be purchased pursuant to the Underwriters’ option to purchase additional units,
the “Units”), each comprising of one of the Company’s Class A ordinary shares, par value $0.0001
per share (the “Ordinary Shares”), and one-half of one redeemable warrant (each whole warrant, a “Warrant”).
Each Warrant entitles the holder thereof to purchase one Ordinary Share at a price of $11.50 per share, subject to adjustment.
The Units will be sold in the Public Offering pursuant to a registration statement on Form S-1 and a prospectus (the “Prospectus”)
filed by the Company with the U.S. Securities and Exchange Commission (the “Commission”). Certain capitalized
terms used herein are defined in paragraph 1 hereof.

 

In
order to induce the Company and the Underwriters to enter into the Underwriting Agreement and to proceed with the Public Offering
and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Authentic Equity
Sponsor LLC (the “Sponsor”) and each of the undersigned (each, an “Insider”
and, collectively, the “Insiders”) hereby agree with the Company as follows:

 

1.
Definitions. As used herein, the term:

 

(a)
“Business Combination” shall mean a merger, share exchange, asset acquisition, share purchase, reorganization
or similar business combination with one or more businesses or entities;

 

(b)
“Forward Purchase Agreement” shall mean that certain forward purchase agreement entered into between
the Company and GEPT, dated as of the date hereof, pursuant to which (i) GEPT may purchase, in its discretion, a number of units
designated by the Company, up to the lesser of (i) $50,000,000 of units from the Company and (ii) a number of units equal to 19.99%
of the pro forma equity outstanding at the time of the closing of our initial Business Combination, including but not limited
to, any Ordinary Shares issued in connection with this offering, the Forward Purchase Agreement or any private placement or other
offering or to any seller in the initial business combination, with each unit consisting of one Ordinary Share and 0.425 of one
redeemable warrant, for a purchase price of $10.00 per unit, in a private placement transaction to occur concurrently with the
closing of the initial Business Combination, and (ii) if GEPT makes the purchase described in clause (i) above, the Company will
issue to GEPT a number of Class B ordinary shares of the Company, par value $0.0001 per share (the “Class B Shares”)
and warrants, each exercisable to purchase one Ordinary Share at $11.50 per share, subject to adjustment as specified therein;

 

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(c)
“Founder Shares” shall mean (i) the Class B Shares outstanding prior to the consummation of the Public
Offering and (ii) the Class B Shares, if any, issued to GEPT pursuant to the Forward Purchase Agreement;

 

(d)
“GEPT” shall mean General Electric Pension Trust;

 

(e)
“Private Placement Warrants” shall mean (i) the warrants to purchase Ordinary Shares of the Company
that will be acquired by the Sponsor for an aggregate purchase price of $5,175,500 (or up to $5,775,500 if the Underwriters’
exercise their option to purchase additional units), in a private placement that shall close simultaneously with the consummation
of the Public Offering (including Ordinary Shares issuable upon conversion thereof) and (ii) the warrants, if any, issued to GEPT
pursuant to clause (ii) of the definition of “Forward Purchase Agreement” (including Ordinary Shares issuable upon
conversion thereof);

 

(f)
“Public Shareholders” shall mean the holders of Ordinary Shares included in the Units issued in the
Public Offering;

 

(g)
“Public Shares” shall mean the Ordinary Shares included in the Units issued in the Public Offering;

 

(h)
“Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public
Offering and the sale of the Private Placement Warrants and the net proceeds from the Forward Purchase Agreement shall be deposited;

 

(i)
“Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge,
grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or
increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning
of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated
thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or
in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery
of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause
(a) or (b); and

 

(j)
“Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association,
as the same may be amended from time to time.

 

2.
Representations and Warranties.

 

(a)
The Sponsor and each Insider, with respect to itself, herself or himself, represent and warrant to the Company that it, she or
he has the full right and power, without violating any agreement to which it, she or he is bound (including, without limitation,
any non-competition or non-solicitation agreement with any employer or former employer), to enter into this Letter Agreement,
as applicable, and to serve as an officer of the Company and/or a director on the Company’s Board of Directors (the “Board”),
as applicable, and each Insider hereby consents to being named in the Prospectus, road show and any other materials as an officer
and/or director of the Company, as applicable.

 

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(b)
Each Insider represents and warrants, with respect to herself or himself, that such Insider’s biographical information furnished
to the Company (including any such information included in the Prospectus) is true and accurate in all material respects and does
not omit any material information with respect to such Insider’s background. The Insider’s questionnaire furnished
to the Company is true and accurate in all material respects. Each Insider represents and warrants that such Insider is not subject
to or a respondent in any legal action for, any injunction, cease-and-desist order or order or stipulation to desist or refrain
from any act or practice relating to the offering of securities in any jurisdiction; such Insider has never been convicted of,
or pleaded guilty to, any crime (i) involving fraud, (ii) relating to any financial transaction or handling of funds of another
person, or (iii) pertaining to any dealings in any securities and such Insider is not currently a defendant in any such criminal
proceeding; and such Insider has never been suspended or expelled from membership in any securities or commodities exchange or
association or had a securities or commodities license or registration denied, suspended or revoked.

 

3.
Business Combination Vote. It is acknowledged and agreed that the Company shall not enter into a definitive agreement regarding
a proposed Business Combination without the prior consent of the Sponsor. The Sponsor and each Insider, with respect to itself
or herself or himself, agrees that if the Company seeks shareholder approval of a proposed initial Business Combination, then
in connection with such proposed initial Business Combination, it, she or he, as applicable, shall vote all Founder Shares and
any Public Shares held by it, her or him, as applicable, in favor of such proposed initial Business Combination (including any
proposals recommended by the Board in connection with such Business Combination) and not redeem any Public Shares held by it,
her or him, as applicable, in connection with such shareholder approval.

 

4.
Failure to Consummate a Business Combination; Trust Account Waiver.

 

(a)
The Sponsor and each Insider hereby agree, with respect to itself, herself or himself, that in the event that the Company fails
to consummate its initial Business Combination within the time period set forth in the Charter, the Sponsor and each Insider shall
take all reasonable steps to cause the Company to (i) cease all operations except for the purpose of winding up; (ii) as promptly
as reasonably possible but not more than 10 business days thereafter, redeem 100% of the Public Shares, at a per-share price,
payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held
in the Trust Account and not previously released to the Company to pay income taxes (less up to $100,000 of interest to pay dissolution
expenses), divided by the number of then outstanding Public Shares, which redemption will completely extinguish Public Shareholders’
rights as shareholders (including the right to receive further liquidation distributions, if any); and (iii) as promptly
as reasonably possible following such redemption, subject to the approval of the Company’s remaining shareholders and the
Board, liquidate and dissolve, subject in the case of clauses (ii) and (iii) to the Company’s obligations under Cayman Islands
law to provide for claims of creditors and in all cases subject to the other requirements of applicable law. The Sponsor and each
Insider agree not to propose any amendment to the Charter (i) that would modify the substance or timing of the Company’s
obligation to provide holders of the Public Shares the right to have their shares redeemed in connection with an initial Business
Combination or to redeem 100% of the Public Shares if the Company does not complete an initial Business Combination within the
required time period set forth in the Charter or (ii) with respect to any provision relating to the rights of holders of
Public Shares, unless the Company provides its Public Shareholders with the opportunity to redeem their Public Shares upon approval
of any such amendment at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account,
including interest earned on the funds held in the Trust Account and not previously released to the Company to pay taxes, if any,
divided by the number of then-outstanding Public Shares.

 

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(b)
The Sponsor and each Insider, with respect to itself, herself or himself, acknowledges that it, she or he has no right, title,
interest or claim of any kind in or to any monies held in the Trust Account or any other asset of the Company as a result of any
liquidation of the Company with respect to the Founder Shares held by it, her or him, if any. The Sponsor and each of the Insiders
hereby further waive, with respect to any Founder Shares and Public Shares held by it, her or him, as applicable, any redemption
rights it, she or he may have in connection with the consummation of a Business Combination, including, without limitation, any
such rights available in the context of a shareholder vote to approve such Business Combination or a shareholder vote to approve
an amendment to the Charter (i) that would modify the substance or timing of the Company’s obligation to provide holders
of the Public Shares the right to have their shares redeemed in connection with an initial Business Combination or to redeem 100%
of the Public Shares if the Company has not consummated an initial Business Combination within the time period set forth in the
Charter or (ii) with respect to any provision relating to the rights of holders of Public Shares (although the Sponsor and the
Insiders shall be entitled to liquidation rights with respect to any Public Shares they hold if the Company fails to consummate
a Business Combination within the required time period set forth in the Charter).

 

5.
Lock-up; Transfer Restrictions.

 

(a)
The Sponsor and the Insiders agree that they shall not Transfer any Founder Shares (the “Founder Shares Lock-up”)
until the earliest of (A) one year after the completion of an initial Business Combination and (B) the date following the completion
of an initial Business Combination on which the Company completes a liquidation, merger, share exchange or other similar transaction
that results in all of the Company’s shareholders having the right to exchange their Ordinary Shares for cash, securities
or other property (the “Founder Shares Lock-up Period”). Notwithstanding the foregoing, if, subsequent
to a Business Combination, the closing price of the Ordinary Shares equals or exceeds $12.00 per share (as adjusted for share
sub-divisions, share capitalizations, share consolidations, reorganizations, recapitalizations and the like) for any 20 trading
days within a 30-trading day period commencing at least 150 days after the Company’s initial Business Combination, the Founder
Shares shall be released from the Founder Shares Lock-up.

 

(b)
The Sponsor and Insiders agree that they shall not effectuate any Transfer of Private Placement Warrants or Ordinary Shares underlying
such warrants until 30 days after the completion of an initial Business Combination.

 

(c)
Notwithstanding the provisions set forth in paragraphs 5(a) and (b), Transfers of the Founder Shares, Private Placement
Warrants and Ordinary Shares underlying the Private Placement Warrants are permitted (a) to the Company’s officers or directors,
any affiliate or family member of any of the Company’s officers or directors, any members or partners of the Sponsor or
their affiliates, any affiliates of the Sponsor, or any employees of such affiliates; (b) in the case of an individual, by
gift to a member of one of the individual’s immediate family or to a trust, the beneficiary of which is a member of the
individual’s immediate family, an affiliate of such person or to a charitable organization; (c) in the case of an individual,
by virtue of laws of descent and distribution upon death of the individual; (d) in the case of an individual, pursuant to
a qualified domestic relations order; (e) by private sales or transfers made in connection with any forward purchase agreement
or similar arrangement or in connection with the consummation of a Business Combination at prices no greater than the price at
which the Founder Shares, Private Placement Warrants or Ordinary Shares, as applicable, were originally purchased; (f) by virtue
of the Sponsor’s organizational documents upon liquidation or dissolution of the Sponsor; (g) to the Company for no value
for cancellation in connection with the consummation of the transactions contemplated by the Forward Purchase Agreement or of
an initial Business Combination; (h) in the event of the Company’s liquidation prior to the completion of a Business
Combination; or (i) in the event of completion of a liquidation, merger, share exchange or other similar transaction which
results in all of the Company’s Public Shareholders having the right to exchange their Ordinary Shares for cash, securities
or other property subsequent to the completion of an initial Business Combination; provided, however, that in the
case of clauses (a) through (f) these permitted transferees must enter into a written agreement agreeing to be bound by these
transfer restrictions.

 

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(d)
During the period commencing on the effective date of the Underwriting Agreement and ending 180 days after such date, the Sponsor
and each Insider shall not, without the prior written consent of the Representatives, Transfer any Units, Ordinary Shares, Warrants
or any other securities convertible into, or exercisable or exchangeable for, Ordinary Shares held by it, her or him, as applicable,
subject to certain exceptions enumerated in [Section 6(h) of the Underwriting Agreement].

 

6.
Remedies. The Sponsor and each of the Insiders hereby agree and acknowledge that (i) each of the Underwriters and
the Company would be irreparably injured in the event of a breach by the Sponsor or such Insider of its, her or his obligations,
as applicable under paragraphs 3, 4, 5, 7, 10 and 11, (ii) monetary damages may not be an adequate remedy for such breach and
(iii) the non-breaching party shall be entitled to injunctive relief, in addition to any other remedy that such party may have
in law or in equity, in the event of such breach.

 

7.
Payments by the Company. Except as disclosed in the Prospectus, neither the Sponsor nor any affiliate of the Sponsor nor
any director or officer of the Company nor any affiliate of the officers shall receive from the Company any finder’s fee,
reimbursement, consulting fee, monies in respect of any payment of a loan or other compensation prior to, or in connection with
any services rendered in order to effectuate the consummation of the Company’s initial Business Combination (regardless
of the type of transaction that it is).

 

8.
Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’
and officers’ liability insurance, and the Insiders shall be covered by such policy or policies, in accordance with its
or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

 

9. Termination.
This Letter Agreement shall terminate on the earlier of (i) the expiration of the Founder Shares Lock-up Period and (ii)
the liquidation of the Company.

 

10. Indemnification.
In the event of the liquidation of the Trust Account upon the failure of the Company to consummate its initial Business
Combination within the time period set forth in the Charter, the Sponsor (the “Indemnitor”) agrees
to indemnify and hold harmless the Company against any and all loss, liability, claim, damage and expense whatsoever
(including, but not limited to, any and all legal or other expenses reasonably incurred in investigating, preparing or
defending against any litigation, whether pending or threatened) to which the Company may become subject as a result of any
claim by (i) any third party for services rendered or products sold to the Company (except for the Company’s
independent auditors) or (ii) any prospective target business with which the Company has discussed entering into a
transaction agreement (a “Target”); provided, however, that such indemnification of the Company by
the Indemnitor (x) shall apply only to the extent necessary to ensure that such claims by a third party for services rendered
or products sold to the Company or a Target do not reduce the amount of funds in the Trust Account to below the lesser of (i)
$10.00 per Public Share and (ii) the actual amount per Public Share held in the Trust Account as of the date of the
liquidation of the Trust Account if less than $10.00 per Public Share due to reductions in the value of the trust assets, in
each case net of the interest that may be withdrawn to pay the Company’s tax obligations, (y) shall not apply to any
claims by a third party or Target who executed a waiver of any and all rights to the monies held in the Trust Account
(whether or not such waiver is enforceable) and (z) shall not apply to any claims under the Company’s indemnity of the
Underwriters against certain liabilities, including liabilities under the Securities Act of 1933, as amended. The Indemnitor
shall have the right to defend against any such claim with counsel of its choice reasonably satisfactory to the Company if,
within 15 days following written receipt of notice of the claim to the Indemnitor, the Indemnitor notifies the Company in
writing that it shall undertake such defense.

 

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11. Forfeiture
of Founder Shares. To the extent that the Underwriters do not exercise their option to purchase additional Units within
45 days from the date of the Prospectus in full (as further described in the Prospectus), the Sponsor agrees to automatically
surrender to the Company for no consideration, for cancellation at no cost, an aggregate number of Founder Shares so that the
number of Founder Shares will equal 20% of the sum of the total number of Public Shares and Founder Shares outstanding at
such time plus the maximum number of Ordinary Shares to be sold pursuant to clause (i) of the definition of “Forward
Purchase Agreement”. The Sponsor and Insiders further agree that to the extent that the size of the Public Offering is
increased or decreased, the Company will effect a share capitalization or a share repurchase, as applicable, with respect to
the Founder Shares immediately prior to the consummation of the Public Offering in such amount as to maintain the number of
Founder Shares at 20% of the sum of the total number of Public Shares and Founder Shares outstanding at such time plus the
number of Ordinary Shares to be sold pursuant to clause (i) of the definition of “Forward Purchase
Agreement”.

 

12. Entire
Agreement. This Letter Agreement constitutes the entire agreement and understanding of the parties hereto in respect of
the subject matter hereof 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 changed, amended, modified or waived (other than to correct a typographical error)
as to any particular provision, except by a written instrument executed by all parties hereto.

 

13. Assignment.
No party hereto may assign either this Letter Agreement or any of its rights, interests, or obligations hereunder without the
prior written consent of the other parties. Any purported assignment in violation of this paragraph shall be void and
ineffectual and shall not operate to transfer or assign any interest or title to the purported assignee. This Letter
Agreement shall be binding on the Sponsor, each of the Insiders and each of their respective successors, heirs, personal
representatives and assigns and permitted transferees.

 

14. Counterparts.
This Letter Agreement may be executed in any number of original or facsimile counterparts, and each of such counterparts
shall for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same
instrument.

 

15. Effect
of Headings. The paragraph headings herein are for convenience only and are not part of this Letter Agreement and shall
not affect the interpretation thereof.

 

16. Severability.
This Letter Agreement shall be deemed severable, and the invalidity or unenforceability of any term or provision hereof shall
not affect the validity or enforceability of this Letter Agreement or of any other term or provision hereof. Furthermore, in
lieu of any such invalid or unenforceable term or provision, the parties hereto intend that there shall be added as a part of
this Letter Agreement a provision as similar in terms to such invalid or unenforceable provision as may be possible and be
valid and enforceable.

 

17. Governing
Law. This Letter Agreement shall be governed by and construed and enforced in accordance with the laws of the State of
New York, without giving effect to conflicts of law principles that would result in the application of the substantive laws
of another jurisdiction. The parties hereto (i) all agree that any action, proceeding, claim or dispute arising out of, or
relating in any way to, this Letter Agreement shall be brought and enforced in the courts of New York City, in the State of
New York, and irrevocably submit to such jurisdiction and venue, which jurisdiction and venue shall be exclusive, and (ii)
waive any objection to such exclusive jurisdiction and venue or that such courts represent an inconvenient forum.

 

18. Notices.
Any notice, consent or request to be given in connection with any of the terms or provisions of this Letter Agreement shall
be in writing and shall be sent by express mail or similar private courier service, by certified mail (return receipt
requested), by hand delivery or facsimile transmission.

 

[Signature
Page Follows]

 

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	 	Sincerely,
	 	 	 
	 	AUTHENTIC
    EQUITY SPONSOR LLC
	 	 	 
	 	By:	/s/
    David Hooper
	 	Name: 	David
    Hooper
	 	Title:	President
    and Secretary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Signature Page to Letter Agreement

 

     

     

    

 

	 	/s/
    Thomas Flocco
	 	Thomas
    Flocco

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Signature Page to Letter Agreement

     

     

    

 

	 	/s/
    Todd Khoury
	 	Todd
    Khoury

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Signature Page to Letter Agreement

     

     

    

 

	 	/s/
    David Hooper
	 	David
    Hooper

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Signature Page to Letter Agreement

     

     

    

 

	 	/s/
    Michael Weinstein
	 	Michael
    Weinstein

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Signature Page to Letter Agreement

     

     

    

 

	 	/s/
    Tim O’Connor
	 	Tim
    O’Connor

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Signature Page to Letter Agreement

     

     

    

 

	 	/s/
    Kathleen Griffin Stack
	 	Kathleen
    Griffin Stack

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Signature Page to Letter Agreement

     

     

    

 

	 	/s/
    Joe Baker
	 	Joe
    Baker

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Signature Page to Letter Agreement

     

     

    

 

	Acknowledged
    and Agreed:	 
	 	 	 
	AUTHENTIC
    EQUITY ACQUISITION CORP.	 
	 	 	 
	By:	/s/
    David Hooper	 
	Name: 	David
    Hooper	 
	Title:	Chairman
    and Chief Executive Officer	 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Signature Page to Letter AgreementExhibit 10.5

 

AUTHENTIC EQUITY ACQUISITION CORP.

 

32 Elm Place, 2nd Floor

Rye, NY 10580

January 20, 2021

 

Authentic Equity Sponsor LLC

32 Elm Place, 2nd Floor

Rye, NY 10580

 

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 Authentic Equity 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”), Authentic Equity 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 32 Elm Place, 2nd Floor, Rye, NY 10580 (or any successor location). In exchange therefor, the Company
shall pay an affiliate of 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]

 

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	 	Very truly yours, 
	 	 
	 	AUTHENTIC EQUITY ACQUISITION CORP.
	 	 	 
	 	By:	/s/ David Hooper
	 	Name:	David Hooper
	 	Title:	Chairman and Chief Executive Officer

 

Signature Page to Administrative Services
Agreement

 

     

     

    

 

 

	AGREED TO AND ACCEPTED BY:	 
	 	 
	AUTHENTIC EQUITY SPONSOR LLC 	 
	 	 
	/s/ David Hooper	 
	Name:	David Hooper	 
	Title:	President and Secretary	 

 

Signature Page to Administrative Services
Agreement

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