Company: VGASW
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001628280-25-020032
Chunk: 51

Company: Verde Clean Fuels, Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 51
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together with the Initial Holders, the “

#### Reg Rights Holders
”) (the “

#### BCA

#### Registration Rights Agreement
”). Pursuant to the BCA Registration Rights Agreement, we filed and obtained effectiveness of a registration statement registering the resale of certain securities held by or issuable to the Reg Rights Holders. In certain circumstances, the Reg Rights Holders can demand the Company’s assistance with underwritten offerings and block trades, and the Reg Rights Holders are entitled to certain piggyback registration rights. The BCA Registration Rights Agreement does not provide for the payment of any cash penalties by the Company if it fails to satisfy any of its obligations under the BCA Registration Rights Agreement.

In connection with the closing of the 2025 PIPE Investment (as defined below), on January 29, 2025, the BCA Registration Rights Agreement was amended and restated by the Company, Cottonmouth and the other parties thereto to add Cottonmouth as a party (the “

#### A&R Registration Rights Agreement
”), as further described in the section entitled “ – Cottonmouth Transactions – 2025 PIPE Financing ” below.

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#### Amended Equity Participation Right Agreement
In connection with CENAQ entering into the New Subscription Agreement with Cottonmouth in February 2023, on February 13, 2023, CENAQ and OpCo entered into an equity participation right agreement (the “

#### Participation Right Agreement
”), with Cottonmouth, pursuant to which, among other things, CENAQ and OpCo granted Cottonmouth the right to participate between 50% to 65% in the ownership of certain future project facilities of the Company through December 31, 2043. In addition, the Participation Right Agreement allows the Company and OpCo to participate in certain future project facilities brought forth by Cottonmouth. Additionally, we granted certain contractual preemptive rights to Cottonmouth relating to the sale of equity securities in the Company for a period of five years.

In connection with the closing of the 2025 PIPE Investment, on January 29, 2025, the Participation Right Agreement was amended by the Company and Cottonmouth to remove the contractual preemptive rights with respect to the Company’s equity securities granted to Cottonmouth under the Participation Right Agreement (the “

#### Amended Participation Right Agreement
”), as further described in the section entitled “ – Cottonmouth Transactions – 2025 PIPE Financing ” below.

#### Cottonmouth Transactions

#### 2025 PIPE