FOUNDERS UNIT ISSUANCE AGREEMENTFounders Unit Issuance Agreement • March 9th, 2021 • Beard Energy Transition Acquisition Corp. • Delaware
Contract Type FiledMarch 9th, 2021 Company JurisdictionThis Founders Unit Issuance Agreement (this “Agreement”) is executed and agreed to as of February 10, 2021 (the “Effective Date”), by and between Beard Energy Acquisition Holdings LLC, a Delaware limited liability company (the “Company”), and Beard Energy Acquisition Sponsor LLC (the “Grantee”). Capitalized terms used in this Agreement but not defined herein shall have the meanings assigned to them in the Limited Liability Company Agreement of the Company dated February 9, 2021 (the “LLC Agreement”), as may be amended from time to time.