Exhibit 10.2

   

  INVESTMENT MANAGEMENT TRUST AGREEMENT

   

  This Investment Management Trust Agreement (this “Agreement”) is made effective
      as of January [__], 2021 by and between Climate Real Impact Solutions II Acquisition Corporation, a Delaware corporation (the “Company”), and Continental Stock Transfer & Trust Company, a New York limited purpose trust company (the
      “Trustee”).

   

  WHEREAS, the Company’s registration statement on Form S-1, File No. 333-[______] ( the “Registration

          Statement”) and prospectus (the “Prospectus”) for the initial public offering of the Company’s units (the “Units”), each of which consists of one share of the Company’s Class A common stock, par value $0.0001
      per share (the “Common Stock”), and one-third of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Common Stock (such initial public offering hereinafter referred to as the “Offering”),

      has been declared effective as of the date hereof by the U.S. Securities and Exchange Commission;

   

  WHEREAS, the Company has entered into an Underwriting Agreement (the “Underwriting
          Agreement”) with Barclays Capital Inc. and BofA Securities, Inc., as representatives (the “Representatives”) of the several underwriters (the “Underwriters”) named therein;

   

  WHEREAS, as described in the Prospectus, $210,000,000 of the proceeds of the Offering and
      sale of the Private Placement Warrants (as defined in the Underwriting Agreement) (or $241,500,000, if the Underwriters’ over-allotment option is exercised in full) will be delivered to the Trustee to be deposited and held in a segregated trust
      account located at all times in the United States (the “Trust Account”) for the benefit of the Company and the holders of the Common Stock included in the Units issued in the Offering as hereinafter provided (the amount to be delivered
      to the Trustee (and any interest subsequently earned thereon) is referred to herein as the “Property,” the stockholders for whose benefit the Trustee shall hold the Property will be referred to as the “Public Stockholders,”
      and the Public Stockholders and the Company will be referred to together as the “Beneficiaries”);

   

  WHEREAS, pursuant to the Underwriting Agreement, a portion of the Property equal to
      $7,350,000, or $8,452,500 if the Underwriters’ over-allotment option is exercised in full, is attributable to deferred underwriting discounts and commissions that will be payable by the Company to the Underwriters upon and concurrently with the
      consummation of the Business Combination (as defined below) (the “Deferred Discount”); and

   

  WHEREAS, the Company and the Trustee desire to enter into this Agreement to set forth the
      terms and conditions pursuant to which the Trustee shall hold the Property.

   

  NOW THEREFORE, IT IS AGREED:

   

  1. Agreements and Covenants of Trustee. The Trustee hereby agrees and covenants to:

   

  (a) Hold the Property in trust for the Beneficiaries in accordance with the terms of this
      Agreement in the Trust Account established by the Trustee in the United States at J.P. Morgan Chase Bank, N.A., (or at another U.S.-chartered commercial bank with consolidated assets of $100 billion or more) in the United States, maintained by the
      Trustee and at a brokerage institution selected by the Trustee that is reasonably satisfactory to the Company;

   

  (b) Manage, supervise and administer the Trust Account subject to the terms and conditions set
      forth herein;

   

  (c) In a timely manner, upon the written instruction of the Company, invest and reinvest the
      Property solely in United States government securities within the meaning of Section 2(a)(16) of the Investment Company Act of 1940, as amended, having a maturity of 185 days or less, or in money market funds meeting the conditions of paragraphs
      (d)(1), (d)(2), (d)(3) and (d)(4) of Rule 2a-7 promulgated under the Investment Company Act of 1940, as amended (or any successor rule), which invest only in direct U.S. government treasury obligations, as determined by the Company; it being
      understood that the Trust Account will earn no interest while account funds are uninvested awaiting the Company’s instructions hereunder and the Trustee may earn bank credits or other consideration;

   

  
     

    
      
 

  

   

  (d) Collect and receive, when due, all principal, interest or other income arising from the
      Property, which shall become part of the “Property,” as such term is used herein;

   

  (e) Promptly notify the Company and the Representatives of all communications received by the
      Trustee with respect to any Property requiring action by the Company;

   

  (f) Supply any necessary information or documents as may be requested by the Company (or its
      authorized agents) in connection with the Company’s preparation of the tax returns relating to assets held in the Trust Account;

   

  (g) Participate in any plan or proceeding for protecting or enforcing any right or interest
      arising from the Property if, as and when instructed by the Company to do so;

   

  (h) Render to the Company monthly written statements of the activities of, and amounts in, the
      Trust Account reflecting all receipts and disbursements of the Trust Account;

   

  (i) Commence liquidation of the Trust Account only after and promptly after (x) receipt of, and
      only in accordance with, the terms of a letter from the Company (“Termination Letter”) in a form substantially similar to that attached hereto as either Exhibit A or Exhibit B, as applicable, signed on behalf of the Company by its Chief
      Executive Officer, Chief Financial Officer, President, Executive Vice President, Vice President, Secretary or Chairman of the board of directors of the Company (the “Board”) or other authorized officer of the Company, and complete the
      liquidation of the Trust Account and distribute the Property in the Trust Account, including interest not previously released to the Company to pay its franchise and income taxes (less up to $100,000 of interest that may be released to the Company to
      pay dissolution expenses), only as directed in the Termination Letter and the other documents referred to therein, or (y) upon the date which is, the later of (1) 24 months after the closing of the Offering and (2) such later date as may be approved
      by the Company’s stockholders in accordance with the Company’s amended and restated certificate of incorporation if a Termination Letter has not been received by the Trustee prior to such date, in which case the Trust Account shall be liquidated in
      accordance with the procedures set forth in the Termination Letter attached as Exhibit B and the Property in the Trust Account, including interest not previously released to the Company to pay its franchise and income taxes (less up to $100,000 of
      interest that may be released to the Company to pay dissolution expenses) shall be distributed to the Public Stockholders of record as of such date;

   

  (j) Upon written request from the Company, which may be given from time to time in a form
      substantially similar to that attached hereto as Exhibit C, withdraw from the Trust Account and distribute to the Company the amount of interest earned on the Property requested by the Company to cover any tax obligation, including any franchise tax
      obligations, owed by the Company as a result of assets of the Company or interest or other income earned on the Property, which amount shall be delivered directly to the Company by electronic funds transfer or other method of prompt payment, and the
      Company shall forward such payment to the relevant taxing authority, as applicable; provided, however, that to the extent there is not sufficient cash in the Trust Account to pay such tax obligation, the Trustee shall liquidate such assets held in
      the Trust Account as shall be designated by the Company in writing to make such distribution, so long as there is no reduction in the principal amount per share initially deposited in the Trust Account; provided, further, that if the tax to be paid
      is a franchise tax, the written request by the Company to make such distribution shall be accompanied by a copy of the franchise tax bill from the State of Delaware for the Company (it being acknowledged and agreed that any such amount in excess of
      interest income earned on the Property shall not be payable from the Trust Account). The written request of the Company referenced above shall constitute presumptive evidence that the Company is entitled to said funds, and the Trustee shall have no
      responsibility to look beyond said request;

   

  (k) Upon written request from the Company, which may be given from time to time in a form
      substantially similar to that attached hereto as Exhibit D, the Trustee shall distribute on behalf of the Company the amount requested by the Company to be used to redeem shares of Common Stock from Public Stockholders properly submitted in
      connection with a stockholder vote to approve an amendment to the Company’s amended and restated certificate of incorporation to (i) modify the substance or timing of the Company’s obligation to allow redemption in connection with a Business
      Combination or to redeem 100% of the shares of Common Stock included in the Units sold in the Offering if the Company does not complete a Business Combination within the time period

   

  
     

    
      
 

  

   

  set forth in the Company’s amended and restated certificate of incorporation or (ii) with respect to any other provision relating to
      stockholders’ rights or pre-initial Business Combination activity; and

   

  (l) Not make any withdrawals or distributions from the Trust Account other than pursuant to
      Section 1(i), (j) or (k) above.

   

  2. Agreements and Covenants of the Company. The Company hereby agrees and covenants
      to:

   

  (a) Give all instructions to the Trustee hereunder in writing, signed by the Company’s Chairman
      of the Board, Chief Executive Officer, Chief Financial Officer, President, Executive Vice President, Vice President or Secretary. In addition, except with respect to its duties under Sections 1(i), 1(j) and 1(k) hereof, the Trustee shall be entitled
      to rely on, and shall be protected in relying on, any verbal or telephonic advice or instruction which it, in good faith and with reasonable care, believes to be given by any one of the persons authorized above to give written instructions, provided
      that the Company shall promptly confirm such instructions in writing;

   

  (b) Subject to Section 4 hereof, hold the Trustee harmless and indemnify the Trustee from and
      against any and all expenses, including reasonable counsel fees and disbursements, or losses suffered by the Trustee in connection with any action taken by it hereunder and in connection with any action, suit or other proceeding brought against the
      Trustee involving any claim, or in connection with any claim or demand, which in any way arises out of or relates to this Agreement, the services of the Trustee hereunder, or the Property or any interest earned on the Property, except for expenses
      and losses resulting from the Trustee’s gross negligence, fraud or willful misconduct. Promptly after the receipt by the Trustee of notice of demand or claim or the commencement of any action, suit or proceeding, pursuant to which the Trustee intends
      to seek indemnification under this Section 2(b), it shall notify the Company in writing of such claim (hereinafter referred to as the “Indemnified Claim”). The Trustee shall have the right to conduct and manage the defense against such
      Indemnified Claim; provided that the Trustee shall obtain the consent of the Company with respect to the selection of counsel, which consent shall not be unreasonably withheld. The Trustee may not agree to settle any Indemnified Claim without the
      prior written consent of the Company, which such consent shall not be unreasonably withheld. The Company may participate in such action with its own counsel;

   

  (c) Pay the Trustee the fees set forth on Schedule A hereto, including an initial acceptance
      fee, annual administration fee, and transaction processing fee which fees shall be subject to modification by the parties from time to time. It is expressly understood that the Property shall not be used to pay such fees unless and until the closing
      of the Business Combination (defined below). The Company shall pay the Trustee the initial acceptance fee and the first annual administration fee at the consummation of the Offering. The Company shall not be responsible for any other fees or charges
      of the Trustee except as set forth in this Section 2(c), Schedule A and as may be provided in Section 2(b) hereof;

   

  (d) In connection with any vote of the Company’s stockholders regarding a merger, capital stock
      exchange, asset acquisition, stock purchase, reorganization or similar business combination involving the Company and one or more businesses (the “Business Combination”), provide to the Trustee an affidavit or certificate of the
      inspector of elections for the stockholder meeting verifying the vote of such stockholders regarding such Business Combination;

   

  (e) Provide the Representatives with a copy of any Termination Letter(s) and/or any other
      correspondence that is sent to the Trustee with respect to any proposed withdrawal from the Trust Account promptly after it issues the same;

   

  (f) Unless otherwise agreed among the Company and the Representatives, ensure that any
      Instruction Letter (as defined in Exhibit A) delivered in connection with a Termination Letter in the form of Exhibit A expressly provides that the Deferred Discount is paid directly to the account or accounts directed by the Representatives on
      behalf of the Underwriters prior to any transfer of the funds held in the Trust Account to the Company or any other person;

   

  (g) Instruct the Trustee to make only those distributions that are permitted under this
      Agreement, and refrain from instructing the Trustee to make any distributions that are not permitted under this Agreement; and

   

  
     

    
      
 

  

   

  (h) Within five (5) business days after the Representatives, on behalf of the Underwriters,
      exercise the over-allotment option (or any unexercised portion thereof) or such over-allotment option expires, provide the Trustee with a notice in writing of the total amount of the Deferred Discount, which shall in no event be less than $7,350,000.

   

  3. Limitations of Liability. The Trustee shall have no responsibility or liability
      to:

   

  (a) Imply obligations, perform duties, inquire or otherwise be subject to the provisions of any
      agreement or document other than this Agreement and that which is expressly set forth herein;

   

  (b) Take any action with respect to the Property, other than as directed in Section 1 hereof,
      and the Trustee shall have no liability to any third party except for liability arising out of the Trustee’s gross negligence, fraud or willful misconduct;

   

  (c) Institute any proceeding for the collection of any principal and income arising from, or
      institute, appear in or defend any proceeding of any kind with respect to, any of the Property unless and until it shall have received instructions from the Company given as provided herein to do so and the Company shall have advanced or guaranteed
      to it funds sufficient to pay any expenses incident thereto;

   

  (d) Refund any depreciation in principal of any Property;

   

  (e) Assume that the authority of any person designated by the Company to give instructions
      hereunder shall not be continuing unless provided otherwise in such designation, or unless the Company shall have delivered a written revocation of such authority to the Trustee;

   

  (f) The other parties hereto or to anyone else for any action taken or omitted by it, or any
      action suffered by it to be taken or omitted, in good faith and in the Trustee’s best judgment, except for the Trustee’s gross negligence, fraud or willful misconduct. The Trustee may rely conclusively and shall be protected in acting upon any order,
      notice, demand, certificate, opinion or advice of counsel (including counsel chosen by the Trustee, which counsel may be the Company’s counsel), statement, instrument, report or other paper or document (not only as to its due execution and the
      validity and effectiveness of its provisions, but also as to the truth and acceptability of any information therein contained) which the Trustee believes, in good faith and with reasonable care, to be genuine and to be signed or presented by the
      proper person or persons. The Trustee shall not be bound by any notice or demand, or any waiver, modification, termination or rescission of this Agreement or any of the terms hereof, unless evidenced by a written instrument delivered to the Trustee,
      signed by the proper party or parties and, if the duties or rights of the Trustee are affected, unless it shall give its prior written consent thereto;

   

  (g) Verify the accuracy of the information contained in the Registration Statement;

   

  (h) Provide any assurance that any Business Combination entered into by the Company or any
      other action taken by the Company is as contemplated by the Registration Statement;

   

  (i) File information returns with respect to the Trust Account with any local, state or federal
      taxing authority or provide periodic written statements to the Company documenting the taxes payable by the Company, if any, relating to any interest income earned on the Property;

   

  (j) Prepare, execute and file tax reports, income or other tax returns and pay any taxes with
      respect to any income generated by, and activities relating to, the Trust Account, regardless of whether such tax is payable by the Trust Account or the Company, including, but not limited to, franchise and income tax obligations, except pursuant to
      Section 1(j) hereof; or

   

  (k) Verify calculations, qualify or otherwise approve the Company’s written requests for
      distributions pursuant to Sections 1(i), 1(j) or 1(k) hereof.

   

  
     

    
      
 

  

   

  4. Trust Account Waiver. The Trustee has no right of set-off or any right, title,
      interest or claim of any kind (“Claim”) to, or to any monies in, the Trust Account, and hereby irrevocably waives any Claim to, or to any monies in, the Trust Account that it may have now or in the future. In the event the Trustee has
      any Claim against the Company under this Agreement, including, without limitation, under Section 2(b) or Section 2(c) hereof, the Trustee shall pursue such Claim solely against the Company and its assets outside the Trust Account and not against the
      Property or any monies in the Trust Account.

   

  5. Termination. This Agreement shall terminate as follows:

   

  (a) If the Trustee gives written notice to the Company that it desires to resign under this
      Agreement, the Company shall use its reasonable efforts to locate a successor trustee, pending which the Trustee shall continue to act in accordance with this Agreement. At such time that the Company notifies the Trustee that a successor trustee has
      been appointed by the Company and has agreed to become subject to the terms of this Agreement, the Trustee shall transfer the management of the Trust Account to the successor trustee, including but not limited to the transfer of copies of the reports
      and statements relating to the Trust Account, whereupon this Agreement shall terminate; provided, however, that in the event that the Company does not locate a successor trustee within ninety (90) days of receipt of the resignation notice from the
      Trustee, the Trustee may submit an application to have the Property deposited with any court in the State of New York or with the United States District Court for the Southern District of New York and upon such deposit, the Trustee shall be immune
      from any liability whatsoever; or

   

  (b) At such time that the Trustee has completed the liquidation of the Trust Account and its
      obligations in accordance with the provisions of Section 1(i) hereof (which section may not be amended under any circumstances) and distributed the Property in accordance with the provisions of the Termination Letter, this Agreement shall terminate
      except with respect to Section 2(b) and Section 4.

   

  6. Miscellaneous.

   

  (a) The Company and the Trustee each acknowledge that the Trustee will follow the security
      procedures set forth below with respect to funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify
      the other party immediately if it has reason to believe unauthorized persons may have obtained access to such confidential information, or of any change in its authorized personnel. In executing funds transfers, the Trustee shall rely upon all
      information supplied to it by the Company, including, account names, account numbers, and all other identifying information relating to a Beneficiary, Beneficiary’s bank or intermediary bank. Except for any liability arising out of the Trustee’s
      gross negligence, fraud or willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or transmission of the funds.

   

  (b) This Agreement shall be governed by and construed and enforced in accordance with the laws
      of the State of New York, without giving effect to conflicts of law principles that would result in the application of the substantive laws of another jurisdiction. This Agreement may be executed in several original or facsimile counterparts, each
      one of which shall constitute an original, and together shall constitute but one instrument.

   

  (c) This Agreement contains the entire agreement and understanding of the parties hereto with
      respect to the subject matter hereof. This Agreement or any provision hereof may only be changed, amended or modified (other than to correct a typographical error) by a writing signed by each of the parties hereto.

   

  (d) This Agreement or any provision hereof may only be changed, amended or modified pursuant to
      Section 6(c) hereof with the Consent of the Stockholders. For purposes of this Section 6(d), the “Consent of the Stockholders” means (i) receipt by the Trustee of a certificate from the inspector of elections of the stockholder meeting
      certifying that the Company’s stockholders of record as of a record date established in accordance with Section 213(a) of the Delaware General Corporation Law, as amended (or any successor rule), who hold sixty-five percent (65%) or more of all then
      outstanding shares of the Common Stock and Class B common stock, par value $0.0001 per share, of the Company voting together as a single class, have voted in favor of such change, amendment or modification, or (ii) the Company’s stockholders of
      record as of the record date who hold sixty-five percent

   

  
     

    
      
 

  

   

  (65%) or more of all then outstanding shares of the Common Stock and Class B common stock, par value $0.0001 per share, of the
      Company voting together as a single class, have delivered to the Trustee a signed writing approving such change, amendment or modification. No such amendment will affect any Public Stockholder who has otherwise indicated his, her or its election to
      redeem his, her or its shares of Common Stock in connection with a stockholder vote sought to amend this Agreement, including a corresponding change to the Company’s amended and restated certificate of incorporation. Except for any liability arising
      out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee may rely conclusively on the certification from the inspector or elections referenced above and shall be relieved of all liability to any party for executing the proposed
      amendment in reliance thereon.

   

  (e) The parties hereto consent to the jurisdiction and venue of any state or federal court
      located in the City of New York, State of New York, for purposes of resolving any disputes hereunder. AS TO ANY CLAIM, CROSS-CLAIM OR COUNTERCLAIM IN ANY WAY RELATING TO THIS AGREEMENT, EACH PARTY WAIVES THE RIGHT TO TRIAL BY JURY.

   

  (f) Any notice, consent or request to be given in connection with any of the terms or
      provisions of this Agreement shall be in writing and shall be sent by express mail or similar private courier service, by certified mail (return receipt requested), by hand delivery or by electronic mail:

   

  if to the Trustee, to:

   

  Continental Stock Transfer & Trust Company

      1 State Street, 30th Floor

      New York, NY 10004

      Attn: Francis Wolf and Celeste Gonzalez

      Email: fwolf@continentalstock.com

      cgonzalez@continentalstock.com

   

  if to the Company, to:

   

  Climate Real Impact Solutions II Acquisition Corporation

      300 Carnegie Center, Suite 150

  

  Princeton, NJ 08540

    Attn: John Cavalier 

  Email: johncavalier818@gmail.com

   

  in each case, with copies, which shall not constitute notice, to:

   

  Ropes & Gray LLP

  

  1211 Avenue of the Americas 

  New York, NY 10036

  

  Attn: Paul Tropp and Emily Oldshue 

  Email: paul.tropp@ropesgray.com, emily.oldshue@ropesgray.com

   

  and

   

  Barclays Capital Inc.

  

  745 Seventh Avenue 

  New York, NY 10019

  

  Attn: Syndicate Registration 

  Fax: 646-834-8133

   

  and

   

  BofA Securities, Inc.

  

  One Bryant Park, 

  New York, NY 10010

  

  Syndicate Department 

  with a copy to:

  

  Facsimile: (212) 230-8730

   

  
     

    
      
 

  

   

  Attention: ECM Legal]  

   

  and

   

  Mayer Brown LLP

      1221 Avenue of the Americas

      New York, NY 10020

  

  Attn: James B. Carlson 

  E-mail: jcarlson@mayerbrown.com

   

  and

   

  Davis Polk & Wardwell LLP

  

  450 Lexington Avenue 

  New York, NY 10017

  

  Attn: Derek J. Dostal and Deanna L. Kirkpatrick 

  Email:derek.dostal@davispolk.com, deanna.kirkpatrick@davispolk.com

   

  (g) Each of the Company and the Trustee hereby represents that it has the full right and power
      and has been duly authorized to enter into this Agreement and to perform its respective obligations as contemplated hereunder. The Trustee acknowledges and agrees that it shall not make any claims or proceed against the Trust Account, including by
      way of set-off, and shall not be entitled to any funds in the Trust Account under any circumstance.

   

  (h) This Agreement is the joint product of the Trustee and the Company and each provision
      hereof has been subject to the mutual consultation, negotiation and agreement of such parties and shall not be construed for or against any party hereto.

   

  (i) This Agreement may be executed in any number of counterparts, each of which shall be deemed
      to be an original, but all such counterparts shall together constitute one and the same instrument. Delivery of a signed counterpart of this Agreement by facsimile or electronic transmission shall constitute valid and sufficient delivery thereof.

   

  (j) Each of the Company and the Trustee hereby acknowledges and agrees that the Representatives
      on behalf of the Underwriters are third party beneficiaries of this Agreement.

   

  (k) Except as specified herein, no party to this Agreement may assign its rights or delegate
      its obligations hereunder to any other person or entity.

   

  [Signature Page Follows]

   

  
     

    
      
 

  

   

  IN WITNESS WHEREOF, the parties have duly executed this Investment Management Trust
      Agreement as of the date first written above.

   

  	 	CONTINENTAL STOCK TRANSFER &
              TRUST COMPANY, as Trustee
	 	 
	 	By: 	 
	 	Name:	Francis Wolf
	 	Title:	Vice President
	 	 	 
	 	Climate Real Impact Solutions II Acquisition Corporation
	 	 
	 	By:	 
	 	Name:	John A. Cavalier
	 	Title:	Chief Financial Officer


   

  [Signature Page to Investment Management Trust Agreement]

   

  
     

    
      
 

  

   

  SCHEDULE A

   

  	Fee Item	 	Time and method of payment	 	Amount	 
	Initial set-up fee	 	Initial closing of Offering by wire transfer	 	$	3,500.00	 
	Trustee administration fee	 	First year, initial closing of Offering by wire transfer,
            thereafter on the anniversary of the effective date of the Offering by wire transfer or check	 	$	10,000.00	 
	Transaction processing fee for disbursements to Company under Sections 1(i) and 1(j)	 	Billed to Company following disbursement made to Company under
            Section 1	 	$	250.00	 
	Paying Agent services as required pursuant to Sections 1(i) and 1(k)	 	Billed to Company upon delivery of service pursuant to Sections
            1(i) and 1(k)	 	 	Prevailing rates	 


   

  
     

    
      
 

  

   

  EXHIBIT A

  

  [Letterhead of Company]

  

  [Insert date]

   

  Continental Stock Transfer & Trust Company

      1 State Street, 30th Floor

      New York, New York 10004

      Attn: Francis Wolf and Celeste Gonzalez

   

  Re: Trust Account - Termination Letter

   

  Mr. Wolf and Ms. Gonzalez:

   

  Pursuant to Section 1(i) of the Investment Management Trust Agreement between Climate Real
      Impact Solutions II Acquisition Corporation (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of _________, 2021 (the “Trust Agreement”), this is to advise you that
      the Company has entered into an agreement with [__________] (the “Target Business”) to consummate a business combination with the Target Business (the “Business Combination”) on or about [insert date]. The Company shall
      notify you at least seventy-two (72) hours in advance (or such shorter time as you may agree) of the actual date of the consummation of the Business Combination (the “Consummation Date”). Capitalized terms used but not defined herein
      shall have the meanings set forth in the Trust Agreement.

   

  In accordance with the terms of the Trust Agreement, we hereby authorize you to commence to
      liquidate all of the assets of the Trust Account and transfer the proceeds to a segregated account held by you on behalf of the Beneficiaries to the effect that, on the Consummation Date, all of the funds held in the Trust Operating Account at JP
      Morgan Chase Bank, N.A. will be immediately available for transfer to the account or accounts that the Company shall direct on the Consummation Date (including as directed to it by the Representatives on behalf of the Underwriters (with respect to
      the Deferred Discount)). It is acknowledged and agreed that while the funds are on deposit in the trust operating account at J.P. Morgan Chase Bank, N.A. awaiting distribution, the Company will not earn any interest or dividends.

   

  On the Consummation Date (i) counsel for the Company shall deliver to you written
      notification that the Business Combination has been consummated, or will be consummated substantially concurrently with your transfer of funds to the accounts as directed by the Company (the “Notification”) and (ii) the Company shall
      deliver to you (a) a certificate of the Chief Executive Officer, which verifies that the Business Combination has been approved by a vote of the Company’s stockholders, if a vote is held and (b) a joint written instruction signed by the Company and
      the Representatives with respect to the transfer of the funds held in the Trust Account, including payment of amounts owed to public stockholders who have properly exercised their redemption rights and payment of the Deferred Discount to the
      Representatives from the Trust Account (the “Instruction Letter”). You are hereby directed and authorized to transfer the funds held in the Trust Account immediately upon your receipt of the Notification and the Instruction Letter, in
      accordance with the terms of the Instruction Letter. In the event that certain deposits held in the Trust Account may not be liquidated by the Consummation Date without penalty, you will notify the Company in writing of the same and the Company shall
      direct you as to whether such funds should remain in the Trust Account and be distributed after the Consummation Date to the Company. Upon the distribution of all the funds, net of any payments necessary for reasonable unreimbursed expenses related
      to liquidating the Trust Account, your obligations under the Trust Agreement shall be terminated.

   

  In the event that the Business Combination is not consummated on the Consummation Date
      described in the notice thereof and we have not notified you on or before the original Consummation Date of a new Consummation Date, then upon receipt by the Trustee of written instructions from the Company, the funds held in the Trust Account shall
      be reinvested as provided in Section 1(c) of the Trust Agreement on the business day immediately following the Consummation Date as set forth in such notice as soon thereafter as possible.

   

  	 	 	Very truly yours,
	 	 	Climate Real Impact Solutions II Acquisition Corporation


  

  

  
     

    
      


  

  
  	 	 	 
	 	 	By:	 
	 	 	Name:	 
	 	 	Title:	 
	cc:	Barclays Capital Inc.	 
	 	BofA Securities, Inc.	 
	 	 	 


   

  
    A-2 

    
      
 

  

   

  EXHIBIT B 

  [Letterhead of Company]

  

  [Insert date]

   

  Continental Stock Transfer & Trust Company

      1 State Street, 30th Floor

      New York, New York 10004

      Attn: Francis Wolf and Celeste Gonzalez

   

  Re: Trust Account - Termination Letter

   

  Mr. Wolf and Ms. Gonzalez:

   

  Pursuant to Section 1(i) of the Investment Management Trust Agreement between Climate Real
      Impact Solutions II Acquisition Corporation (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of _________, 2021 (the “Trust Agreement”), this is to advise you that
      the Company did not effect a business combination with a Target Business (the “Business Combination”) within the time frame specified in the Company’s amended and restated certificate of incorporation, as described in the Company’s
      Prospectus relating to the Offering. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement.

   

  In accordance with the terms of the Trust Agreement, we hereby authorize you to liquidate all
      of the assets in the Trust Account and transfer the total proceeds into a segregated account held by you on behalf of the Beneficiaries to await distribution to the Public Stockholders. The Company has selected [_________, 20__]1 as the effective date for the purpose of determining when the Public Stockholders will be entitled to receive their share of the liquidation proceeds. You agree to be the
      Paying Agent of record and, in your separate capacity as Paying Agent, agree to distribute said funds directly to the Company’s Public Stockholders in accordance with the terms of the Trust Agreement and the Company’s amended and restated certificate
      of incorporation. Upon the distribution of all the funds, net of any payments necessary for reasonable unreimbursed expenses related to liquidating the Trust Account, your obligations under the Trust Agreement shall be terminated, except to the
      extent otherwise provided in Section 1(i) of the Trust Agreement.

   

  	 	 	Very truly yours,
	 	 	Climate Real Impact Solutions II Acquisition Corporation
	 	 	By:	 
	 	 	Name:	 
	 	 	Title:	 
	cc:	Barclays Capital Inc.	 
	 	BofA Securities, Inc.	 


   

  
  
     

  

  
  1 24 months from the closing of
      the Offering or at a later date, if extended.

   

  
     

    
      
 

  

   

  EXHIBIT C

  

  [Letterhead of Company]

  

  [Insert date]

   

  Continental Stock Transfer & Trust Company

      1 State Street, 30th Floor

      New York, New York 10004

      Attn: Francis Wolf and Celeste Gonzalez

   

  Re: Trust Account - Withdrawal Instruction

   

  Mr. Wolf and Ms. Gonzalez:

   

  Pursuant to Section 1(j) of the Investment Management Trust Agreement between Climate Real
      Impact Solutions II Acquisition Corporation (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of _________, 2021 (the “Trust Agreement”), the Company hereby requests
      that you deliver to the Company $[_____] of the interest income earned on the Property as of the date hereof. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement.

   

  The Company needs such funds [to pay for the tax obligations as set forth on the attached tax
      return or tax statement]. In accordance with the terms of the Trust Agreement, you are hereby directed and authorized to transfer (via wire transfer) such funds promptly upon your receipt of this letter to the Company’s operating account at:

   

  [WIRE INSTRUCTION INFORMATION]

   

  	 	 	Very truly yours,
	 	 	Climate Real Impact Solutions II Acquisition Corporation
	 	 	By:	 
	 	 	Name:	 
	 	 	Title:	 
	cc:	Barclays Capital Inc.	 
	 	BofA Securities, Inc.	 


   

  
     

    
      
 

  

   

  EXHIBIT D

  

  [Letterhead of Company]

  

  [Insert date]

   

  Continental Stock Transfer & Trust Company

      1 State Street, 30th Floor

      New York, New York 10004

      Attn: Francis Wolf and Celeste Gonzalez

   

  Re: Trust Account - Stockholder Redemption Withdrawal Instruction

   

  Mr. Wolf and Ms. Gonzalez:

   

  Pursuant to Section 1(k) of the Investment Management Trust Agreement between Climate Real
      Impact Solutions II Acquisition Corporation (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of _________, 2021 (the “Trust Agreement”), the Company hereby requests
      that you deliver to the redeeming Public Stockholders of the Company $[_____] of the principal and interest income earned on the Property as of the date hereof to a segregated account held by you on behalf of the Beneficiaries for distribution to the
      Public Stockholders who have requested redemption of their shares of Common Stock. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement.

   

  The Company needs such funds to pay its Public Stockholders who have properly elected to have
      their shares of Common Stock redeemed by the Company in connection with a stockholder vote to approve an amendment to the Company’s amended and restated certificate of incorporation to (i) modify the substance or timing of the Company’s obligation to
      allow redemption in connection with a Business Combination or to redeem 100% of the shares of Common Stock included in the Units sold in the Offering if the Company does not complete a Business Combination within the time period set forth in the
      Company’s amended and restated certificate of incorporation or (ii) with respect to any other provision relating to stockholders’ rights or pre-initial Business Combination activity. As such, you are hereby directed and authorized to transfer (via
      wire transfer) such funds promptly upon your receipt of this letter.

   

  	 	 	Very truly yours,
	 	 	Climate Real Impact Solutions II Acquisition Corporation
	 	 	By:	 
	 	 	Name:	 
	 	 	Title:	 
	cc:	Barclays Capital Inc.	 
	 	BofA Securities, Inc.