SPONSOR AGREEMENTSponsor Agreement • May 19th, 2023 • Beard Energy Transition Acquisition Corp. • Blank checks
Contract Type FiledMay 19th, 2023 Company IndustryThis SPONSOR AGREEMENT (this “Agreement”), dated as of May 18, 2023, is made by and among Beard Energy Transition Acquisition Sponsor LLC, a Delaware limited liability company (the “Sponsor”), Beard Energy Transition Acquisition Corp., a Delaware corporation (“Acquiror”), Beard Energy Transition Acquisition Holdings LLC, a Delaware limited liability company and subsidiary of Acquiror (“OpCo”), Suntuity Inc., a Delaware corporation and wholly owned subsidiary of Acquiror (“New PubCo”), Suntuity Renewables, LLC, a New Jersey limited liability company (the “Company”), and Gregory A. Beard, an individual residing in New York (“Beard”). Sponsor, Acquiror, OpCo, New PubCo, Beard and the Company shall be referred to herein from time to time collectively as the “Parties” and individually as a “Party.” Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Business Combination Agreement (as defined below).
SPONSOR AGREEMENTSponsor Agreement • May 19th, 2023 • Beard Energy Transition Acquisition Corp. • Blank checks
Contract Type FiledMay 19th, 2023 Company IndustryThis SPONSOR AGREEMENT (this “Agreement”), dated as of May 18, 2023, is made by and among Beard Energy Transition Acquisition Sponsor LLC, a Delaware limited liability company (the “Sponsor”), Beard Energy Transition Acquisition Corp., a Delaware corporation (“Acquiror”), Beard Energy Transition Acquisition Holdings LLC, a Delaware limited liability company and subsidiary of Acquiror (“OpCo”), Suntuity Inc., a Delaware corporation and wholly owned subsidiary of Acquiror (“New PubCo”), Suntuity Renewables, LLC, a New Jersey limited liability company (the “Company”), and Gregory A. Beard, an individual residing in New York (“Beard”). Sponsor, Acquiror, OpCo, New PubCo, Beard and the Company shall be referred to herein from time to time collectively as the “Parties” and individually as a “Party.” Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Business Combination Agreement (as defined below).