Document:

Exhibit 10.9

 

FORM OF
SECURITIES ASSIGNMENT AGREEMENT

 

This Securities Assignment
Agreement is dated as of ____, 2021 (this “Assignment”), by and among Glenfarne Sponsor, LLC, a Delaware limited
liability company (the “Seller”), and the parties identified on the signature page hereto (each a “Buyer”
and collectively, the “Buyers”).

 

WHEREAS, on
the terms and subject to the conditions set forth in this Assignment, the Seller wishes to assign to the Buyers an aggregate of
57,500 shares (the “Shares”) of Class B common stock, par value $0.0001 per share (“Common Stock”),
of Glenfarne Merger Corp. (the “Company”), and the Buyers wish to purchase and receive the Shares from the Seller.

 

NOW, THEREFORE,
in consideration of the premises, representations, warranties and the mutual covenants contained in this Assignment, and for other
good and valuable consideration, the receipt, sufficiency and adequacy of which are hereby acknowledged, the parties hereto, intending
to be legally bound, hereby agree as follows:

 

Section
1 Assignment of Shares. Seller hereby assigns 28,750 Shares to each of the Buyers. Each
Buyer has paid to the Seller an aggregate amount of One Hundred Dollars ($100.00), for an aggregate purchase price of Two Hundred
Dollars ($200.00) (the “Purchase Price”), in consideration of the assignment
of the Shares. Notwithstanding the foregoing, in the event that the Company determines for any reason not to nominate, elect or
appoint any Buyer as a member of the board of directors of the Company, or if any Buyer otherwise does not become a member of
the board of directors of the Company for any reason, on or prior to the closing of the Public Offering (as defined below), such
Buyer shall automatically forfeit all of the Shares held by such Buyer, which shall automatically be assigned and returned to
the Seller, and the Seller shall promptly return the applicable portion of the Purchase Price to such Buyer.

 

Section
2 No Conflicts. Each party represents and warrants that neither the execution and delivery
of this Assignment by such party, nor the consummation or performance by such party of any of the transactions contemplated hereby,
will with or without notice or lapse of time, constitute, create or result in a breach or violation of, default under, loss of
benefit or right under or acceleration of performance of any obligation required under any agreement to which it is a party.

 

Section
3 Investment Representations. Each Buyer represents and warrants, with respect to himself
or herself only, as set forth herein. Such Buyer hereby acknowledges that an investment in the Shares involves certain significant
risks. Such Buyer has no need for liquidity in its investment in the Shares for the foreseeable future and is able to bear the
risk of that investment for an indefinite period. Such Buyer acknowledges and hereby agrees that the Shares will not be transferable
under any circumstances unless registered by the Company in accordance with federal and state securities laws or sold in compliance
with an exemption under such laws and such transfer complies with all applicable lock-up restrictions on such Buyer (as described
in the Company’s draft registration statement on Form S-1, as may be amended (the “Registration Statement”),
under the Securities Act of 1933, as amended (the “Act”), relating to a contemplated
underwritten public offering by the Company (the “Public Offering”)). Such
Buyer further understands that Buyer will be required to execute and deliver a letter agreement including, among other provisions,
the foregoing transfer restrictions, and that any certificates evidencing the Shares bear a legend referring to such transfer
restrictions.

 

The Shares are being
acquired solely for such Buyer’s own account, for investment purposes only, and are not being purchased with a view to or
for the resale, distribution, subdivision or fractionalization thereof; and such Buyer has no present plans to enter into any contract,
undertaking, agreement or arrangement for such resale, distribution, subdivision or fractionalization. Such Buyer has been given
the opportunity to (i) ask questions of and receive answers from the Seller and the Company concerning the terms and conditions
of the Shares, and the business and financial condition of the Company and (ii) obtain any additional information that the Seller
possesses or can acquire without unreasonable effort or expense that is necessary to assist such Buyer in evaluating the advisability
of the purchase of the Shares and an investment in the Company. Such Buyer is not relying on any oral representation made by any
person as to the Company or its operations, financial condition or prospects. Such Buyer is an “accredited investor”
as defined in Regulation D promulgated by the Securities and Exchange Commission under the Act. In the event such Buyer does not
join the Board of Directors of the Company upon the consummation of the Public Offering (whether and either at the election of
the Company or such Buyer for any reason), then the Buyer shall promptly return the Shares to the Company.

 

Section
4 Miscellaneous. This Assignment, together with the certificates, documents, instruments
and writings that are delivered pursuant hereto, constitutes the entire agreement and understanding of the parties hereto in respect
of its subject matter. This Assignment may be executed in two or more counterparts, each of which will be deemed an original but
all of which together will constitute one and the same instrument. This Assignment may not be amended, modified or waived as to
any particular provision, except by a written instrument executed by all parties hereto. Except as otherwise provided herein, no
party hereto may assign either this Assignment or any of its rights, interests, or obligations hereunder without the prior written
approval of the other party.

 

[SIGNATURE
PAGE FOLLOWS]

 

     

     

    

 

IN WITNESS WHEREOF,
the undersigned have executed this Assignment to be effective as of the date first set forth above.

 

	   	GLENFARNE SPONSOR, LLC By its Manager: GLENFARNE INFRASTRUCTURE HOLDINGS, LLC
	 	 
	 	By:	 
	 	 	Name: Brendan Duval
	 	 	Title: Chief Executive Officer
	 	 	 
	 	BUYERS:
	 	 
	 	Anthony Otten
	 	   
	 	William Mack
	 	   

 

[Signature Page to Securities Assignment
Agreement]Exhibit 10.10

 

GLENFARNE
MERGER Corp.

292 Madison Avenue, 19th Floor

New York, NY 10017

 

[●], 2021

 

Glenfarne Sponsor, LLC

292 Madison Avenue, 19th Floor

New York, NY 10017

 

		Re:	Administrative Services Agreement

 

Ladies and Gentlemen:

 

This letter agreement by and between Glenfarne
Merger Corp. (the “Company”) and Glenfarne Sponsor, LLC (“Provider”), dated as of the date hereof, will
confirm our agreement that, commencing on the effective date (the “Effective Date”) of the Registration Statement
on Form S-1 filed with the U.S. Securities and Exchange Commission (the “Registration Statement”) for the
Company’s initial public offering and continuing until the earlier of the consummation by the Company of an initial business
combination or the Company’s liquidation (in each case as described in the Registration Statement) (such earlier date hereinafter
referred to as the “Termination Date”):

 

		i.	Provider shall make available, or cause to be made available, to the Company, at 292 Madison Avenue, 19th Floor, New York,
NY 10017 (or any successor location of Provider), certain office space and administrative support services as may be reasonably
required by the Company. In exchange therefor, the Company shall pay Provider the sum of $10,000 per month on the Effective Date
and continuing monthly thereafter until the Termination Date; and

 

		ii.	Provider hereby irrevocably waives any and all right, title, interest, causes of action and claims of any kind as a result
of, or arising out of, this letter agreement (each, a “Claim”) in or to, and any and all right to seek payment
of any amounts due to it out of, the trust account established for the benefit of the public stockholders of the Company and into
which substantially all of the proceeds of the Company’s initial public offering will be deposited (the “Trust Account”),
and hereby irrevocably waives any Claim it may have in the future, which Claim would reduce, encumber or otherwise adversely affect
the Trust Account or any monies or other assets in the Trust Account, and further agrees not to seek recourse, reimbursement, payment
or satisfaction of any Claim against the Trust Account or any monies or other assets in 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 all parties hereto.

 

No party hereto may assign either this letter
agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the other party. 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 constitutes the entire
relationship of the parties hereto, and any litigation between the parties (whether grounded in contract, tort, statute, law or
equity) 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.

 

     

     

    

 

	 	Very truly yours,
	 	GLENFARNE MERGER Corp.
	 	 
	 	By:	 
	 	Name:  	               
	 	Title:	 

 

	AGREED TO AND ACCEPTED BY:	 
	GLENFARNE SPONSOR, LLC	 
	 	 
	By:	 	 
	Name:  	             	 
	Title:	 	 

 

[Signature
Page to Administrative Services Agreement]

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