0001193125-22-303285 Sample Contracts

CONFIDENTIAL December 11, 2022 VIA EMAIL/DOCUSIGN Dear ,
Retention Agreement • December 13th, 2022 • Quanergy Systems, Inc. • Motor vehicle parts & accessories • Delaware

This letter is to inform you that, in recognition of your critical role with Quanergy Systems, Inc. (the “Company”), the Company hereby offers you the opportunity to participate in the Company’s newly adopted retention plan (the “Retention Plan”), subject to your agreement to the terms and conditions of this letter agreement (this “Agreement”).

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December 9, 2022 Kevin Kennedy VIA EMAIL/DOCUSIGN Dear Kevin:
Separation Agreement • December 13th, 2022 • Quanergy Systems, Inc. • Motor vehicle parts & accessories

This letter sets forth the substance of the separation agreement (the “Agreement”) that Quanergy Systems, Inc. (the “Company”) is offering to you.

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