Company: TGE
Filing Date: 2025-01-27
Form Type: 425
Source: 0001213900-25-006762
Chunk: 1

Company: Generation Essentials Group
Filing Date: 2025-01-27
Form: 425
Chunk 1
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 which is acquired by such Sponsor Party by exchange or conversion of any other security acquired after the date of
this Agreement, or (d) as to which such Sponsor Party acquires the right to vote or share in the voting, in each case after the
date of this Agreement and during the term of this Agreement, but, for the avoidance of doubt, excluding any BSII Units, BSII Warrants
and BSII Ordinary Shares acquired on or prior to the date of this Agreement, the “”).

WHEREAS, as a condition to
their willingness to enter into the Business Combination Agreement, BSII and the Company have requested that the Sponsor Parties enter
into this Agreement.

NOW, THEREFORE, in consideration
of the mutual covenants and agreements herein contained, and for other good and valuable consideration the receipt and sufficiency of
which are hereby acknowledged, the parties hereto, intending to be legally bound, agree as follows:

1. definitions; interpretation

Capitalized terms used but
not defined in this Agreement shall have the meaning ascribed to such terms in the Business Combination Agreement, and this Agreement
shall be interpreted, construed and applied in accordance with the rules of construction set forth in Section 1.02 (Construction)
of the Business Combination Agreement.

2. REPRESENTATIONS AND WARRANTIES OF THE sponsor PARTIES

Each Sponsor Party, severally
and not jointly, hereby represents and warrants to BSII and the Company as of the date of this Agreement as follows:

2.1 .
If such Sponsor Party is not a natural person, such Sponsor Party has been duly incorporated or registered and is validly existing and
in good standing (to the extent such concept is applicable in such Sponsor Party’s jurisdiction of incorporation or registration)
under the laws of its jurisdiction of incorporation or registration and has the requisite corporate power and authority to own, lease
or operate all of its properties and assets and to conduct its business as it is now being conducted. If such Sponsor Party is not a natural
person, such Sponsor Party is duly licensed or qualified and in good standing (to the extent such concept is applicable in such Sponsor
Party’s jurisdiction of incorporation or registration) as a foreign corporation or company (or other entity, if applicable) in all
jurisdictions in which its ownership of property or the character of its activities is such as to require it to be so licensed or qualified
or in good standing (to the extent such concept is applicable in such Sponsor Party’s jurisdiction of incorporation or registration),
as applicable, except where