SPACknowledgement and disclosure form

SPECIAL PURPOSE ACQUISITION COMPANY (SPAC) INVESTMENT DISCLOSURE AND ACKNOWLEDGEMENT

TO: Granite Financial Group, Inc.
FROM: ______________________________________________
ACCOUNT NUMBER: ___________________________________
RE: InterAmerican Acquisition Company, Inc. SPAC Investment

LADIES AND GENTLEMEN:

The undersigned Authorized Agent hereby acknowledges the following information and fully understands the investment in this Special Purpose Acquisition Company (SPAC).

I hereby represent that I have completely read the preliminary prospectus and understand what a Special Purpose Acquisition Company is and what an investment in this product represents.

I understand that the proceeds of this offering will be deposited into a trust account, less the fees and costs associated with the underwriting, until a proposed business combination (proposed acquisition) is identified. I understand that I have the right to vote for or against a proposed acquisition. I understand that if 80% or less of the public stockholders vote against the proposed acquisition, my Organization’s pro rata share of the trust account will be returned to us. I understand that if more than 80% vote for the proposed acquisition and I vote against the proposed acquisition, I will be entitled to convert our Organization’s stock into a pro rata share of the trust account, including any interest earned (net of taxes payable) on their pro rata share, if the business combination is approved and consummated.

I hereby represent that I have the requisite authority to enter orders to purchase, sell or sell short securities of every kind and description for and on behalf of this Organization and to sell, assign and endorse or transfer certificates representing stocks, bonds or other securities registered in the name or for the account of this Organization.

I also represent that I have completed the IPO Certification form indicating that this Organization is eligible to purchase Initial Public Offering shares.

You may follow the instructions of the Authorized Agent in every respect concerning the undersigned’s account with you. In all matters and things aforementioned, as well as in all other things necessary or incidental to the furtherance or conduct of the account of the undersigned, the Authorized Agent is authorized to act for the undersigned and in the undersigned’s behalf in the same manner and with the same force and effect as the undersigned might or could do.

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Signature of Authorized Agent Printed Name of Authorized Agent
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Title of Authorized Agent Date

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