0000950170-24-082847 Sample Contracts

COLLABORATION AGREEMENT
Collaboration Agreement • July 11th, 2024 • QuantumScape Corp • Miscellaneous electrical machinery, equipment & supplies • Delaware

This COLLABORATION AGREEMENT (the “Agreement”) is made and entered into as of July 5, 2024 (the “Effective Date”) by and between QuantumScape Battery, Inc., a Delaware corporation having its principal place of business at 1730 Technology Drive, San Jose CA 95110 (“QS”), and PowerCo SE, a societas europaea having its principal place of business at Industriestrasse Nord 38239, Salzgitter, Germany (“PowerCo”) (QS and PowerCo also each a “Party” and together the “Parties”).

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JOINT VENTURE TERMINATION AND RELEASE AGREEMENT
Joint Venture Termination and Release Agreement • July 11th, 2024 • QuantumScape Corp • Miscellaneous electrical machinery, equipment & supplies

This Joint Venture Termination and Release Agreement (this “JV Termination Agreement”), dated as of July 5, 2024, is entered into by and among VOLKSWAGEN GROUP OF AMERICA, INC, a New Jersey corporation, (“VWGoA”), VOLKSWAGEN GROUP OF AMERICA INVESTMENTS, LLC, a Delaware limited liability company (“VW Member”), QUANTUMSCAPE CORPORATION (F/K/A KENSINGTON CAPITAL ACQUISITION CORP.), a Delaware corporation (“QS Corp”) QUANTUMSCAPE BATTERY, INC. (F/K/A QUANTUMSCAPE CORPORATION), a Delaware corporation (“QS”) and QSV OPERATIONS LLC, a Delaware limited liability company (the “JV Entity”). Each of VWGoA, VW Member, QS, and the JV Entity are sometimes referred to herein individually as a “Party” and, together, as the “Parties.”

Re: QuantumScape Corporation — Amended & Restated Letter Agreement Re: Board Designees and Committee Representation
Letter Agreement • July 11th, 2024 • QuantumScape Corp • Miscellaneous electrical machinery, equipment & supplies

This letter agreement amends and supersedes that certain letter agreement dated December 7, 2020, regarding board designees and committee representation, by and among the Company, the Subsidiary and VWGoAI. In consideration of the mutual promises and covenants set forth herein, the Company, the Subsidiary and VWGoAI (collectively, the “Parties”) hereby agree as follows:

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