Form of Insurer Letter AgreementInsurer Letter Agreement • June 24th, 2024 • Eos Energy Enterprises, Inc. • Miscellaneous electrical machinery, equipment & supplies • New York
The parties specified under the heading “Specified Insurer” on Annex A hereto (the “Specified Insurers”) have issued the Insurance Policy to certain Lenders listed on Annex A, each holding a percentage of the aggregate principal amount of the Loans as indicated next to its name (such portion of the aggregate principal amount of the Loans, the “Applicable Percentage”). The Specified Insurers understand that the Borrower intends to (i) payoff all outstanding Loans (including any other Obligations) pursuant to that certain Payoff Letter, dated as of the date hereof (the “Payoff Letter”), by and among the Borrower, ACP and the Lenders party thereto and (ii) enter into that certain Credit and Guaranty Agreement, dated as of the date hereof (the “New Credit Agreement”), by and among the Borrower, the guarantors party thereto, the various lenders party thereto and CCM Denali Debt Holdings, LP, as administrative agent and collateral agent (in such capacity, “Agent”). The Specified Insurers, in
