Exhibit 10.1


 


FORM OF

NON-REDEMPTION AGREEMENT AND ASSIGNMENT OF ECONOMIC INTEREST


 


This Non-Redemption Agreement and Assignment of
Economic Interest (this “Agreement”) is entered as of                              , 2022 by and among Belong Acquisition Corp. (“BLNG”),
Belong Acquisition Sponsor, LLC (the “Sponsor”) and the undersigned investor (“Investor”).


 


RECITALS


 


WHEREAS, the Sponsor currently holds all
of the shares of Class B common stock, par value $0.0001 per share (the “Founder Shares”), of BLNG;


 


WHEREAS, BLNG expects to hold a special
meeting of stockholders (the “Meeting”) for the purpose of approving, among other things, an amendment to BLNG’s
Amended and Restated Certificate of Incorporation (the “Charter”) to extend the date by which BLNG must consummate
an initial business combination (the “Initial Business Combination”) by six (6) months (the “Extension”);


 


WHEREAS, the Charter provides
that a stockholder of BLNG may redeem its shares of Class A common stock, par value $0.0001 per share (the “Public Shares”
and together with the Founder Shares, the “Common Shares”) in connection with the Charter amendment, on the terms set
forth in the Charter (“Redemption Rights”);


 


WHEREAS, subject to the terms and conditions
of this Agreement, the Sponsor desires to transfer to Investor, and Investor desires to acquire from the Sponsor, that number of Founder
Shares set forth opposite such Investor’s name on Exhibit A (the “Assigned Securities”), to be transferred
to Investor in connection with BLNG’s completion of its Initial Business Combination, and, prior to the transfer of the Assigned
Securities to Investor, the Sponsor desires to assign the economic benefits of the Assigned Securities to Investor.


 


NOW THEREFORE, in consideration of
the mutual covenants and agreements set forth herein and for good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, Investor and the Sponsor hereby agree as follows:


 


		1.	Terms of Transfer.



 


		1.1.	Upon the terms and subject to the conditions of this Agreement, the Sponsor agrees that if (a) as of 5:00 PM, New York time, on the
date of the Meeting, Investor holds the Investor Shares (as defined below), (b) Investor does not exercise its Redemption Rights with
respect to such Investor Shares in connection with the Meeting, and (c) the Extension is approved at the Meeting and is effected by BLNG’s
filing with the Secretary of State of the State of Delaware of a Certificate of Amendment to the Charter, then the Sponsor hereby agrees
to assign to Investor for no additional consideration the Assigned Securities set forth on Exhibit A, and the Sponsor agrees to
assign to Investor the Economic Interest (as defined below) associated with the Assigned Securities that the Sponsor has agreed to assign
to Investor. “Investor Shares” shall mean the lesser of (i) 350,000 Public Shares, and (ii) 9.9% of the Public Shares subject
to non-redemption agreements with other BLNG stockholders similar to this Agreement as of December , 2022. The Sponsor and BLNG agree
to provide Investor with the final number of Investor Shares subject to this Agreement no later than 9:00 a.m. Eastern on December , 2022.



 






     


     


    

 


		1.2.	The Sponsor and Investor hereby agree that the assignment of the Assigned Securities shall be subject to the conditions that (i) the
Initial Business Combination is consummated; and (ii) Investor (or its Permitted Transferees (as such term is defined in the Amended and
Restated Limited Liability Company Agreement of the Sponsor (as it exists on the date hereof, the “Sponsor LLC Agreement”)
executes a joinder to that certain Letter Agreement, dated July 22, 2021 (as it exists on the date hereof, the “Letter Agreement”),
by and among the Company, the Sponsor, officers and directors of the Company, and the other stockholders of the Company signatory thereto,
as described in Section 1.8 hereof.



 


Upon the satisfaction of the foregoing
conditions, as applicable, the Sponsor shall promptly transfer the Assigned Securities to Investor (or its Permitted Transferees). The Sponsor covenants
and agrees to facilitate such transfer to Investor (or its Permitted Transferees) in accordance with the foregoing.


 


		1.3.	Adjustment to Share Amounts. If at any time the number of outstanding Founder Shares is increased or decreased by a consolidation,
combination, split or reclassification of the common stock of BLNG or other similar event (other than the conversion of Founder Shares
to shares of Class A common stock following an Initial Business Combination in accordance with BLNG’s Charter), then, as of the
effective date of such consolidation, combination, split, reclassification or similar event, all share numbers referenced in this Agreement
shall be adjusted in proportion to such increase or decrease in outstanding common stock of BLNG.



 


		1.4.	Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or
merger involving BLNG in which its common stock is converted into or exchanged for securities, cash or other property, then, following any
such reorganization, recapitalization, reclassification, consolidation or merger, in lieu of common shares of BLNG, the Sponsor shall
transfer, with respect to each Founder Share to be transferred hereunder, upon the Sponsor’s receipt thereof, the kind and amount
of securities, cash or other property into which such Assigned Securities converted or exchanged.



 






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		1.5.	Forfeitures, Transfers, etc. Investor shall not be required to forfeit or transfer the Assigned Securities. Investor acknowledges
that, pursuant to the Sponsor LLC Agreement, prior to, or at the time of, the Initial Business Combination, the Managers of the Sponsor
have the authority to cause the Sponsor to subject the Founder Shares to earn-outs, forfeitures, transfers or other restrictions, or amend
the terms under which the Founder Shares were issued or any restrictions or other provisions relating to the Founder Shares set forth
in the instruments establishing the same (including voting in favor of any such amendment) or enter into any other arrangements with respect
to the Founder Shares, and that the Managers are authorized to effectuate such earn-outs, forfeitures, transfers, restrictions, amendments
or arrangements, including arrangements relating to the relaxation or early release of restrictions, in such amounts and pursuant to such
terms as they determine in their sole and absolute discretion for any reason. Sponsor acknowledges and agrees that any such earn-outs,
forfeitures, transfers, restrictions, amendments or arrangements shall apply only to the Founder Shares other than the Assigned Securities
and the terms and conditions applicable to the Assigned Securities shall not be changed as a result of any such earn-outs, forfeitures,
transfers, restrictions, amendments or arrangements.



 


		1.6.	Delivery of Shares; Other Documents. At the time of the transfer of Assigned Securities hereunder, the Sponsor shall deliver
the Assigned Securities to Investor by transfer of book-entry shares effected through BLNG’s transfer agent. The parties to this
Agreement agree to execute, acknowledge and deliver such further instruments and to do all such other acts, as may be necessary or appropriate
to carry out the purposes and intent of this Agreement.



 


		1.7.	Assignment of Registration Rights. Concurrent with the transfer of Assigned Securities to Investor under this Agreement, the
Sponsor hereby assigns all of its rights, duties and obligations to Investor with respect to the Assigned Securities under that certain
Registration Rights Agreement, dated July 22, 2021 (as it exists on the date of the Agreement, the “Registration Rights Agreement”),
by and among the Company, the Sponsor, and the other stockholders of the Company signatory thereto, and hereby represents and confirms
to Investor that, upon Investor’s receipt of the Assigned Securities, (i) Investor shall be a “Holder” under the Registration
Rights Agreement and (ii) the Assigned Securities shall be “Registrable Securities” under the Registration Rights Agreement.
The Sponsor shall provide written notice to BLNG of such assignment in accordance with the Registration Rights Agreement. Investor shall
provide to BLNG a written agreement in accordance with the Registration Rights Agreement agreeing to be bound by the terms and provisions
of the Registration Rights Agreement as a “Holder” thereunder with respect to the Assigned Securities (upon acquisition thereof)
as “Registrable Securities” thereunder.



 






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		1.8.	Joinder to Letter Agreement. In connection with the transfer of the Assigned Securities to Investor, Investor shall execute
a joinder to the Letter Agreement in substantially the form attached here to as Exhibit B (the “Joinder”) pursuant
to which Investor shall agree with BLNG to be bound solely by Section 7 of the Letter Agreement solely with respect to the Assigned Securities.



 


		1.9.	Termination. This Agreement and each of the obligations of the undersigned shall terminate on earlier of (a) the failure of
BLNG’s stockholders to approve the Extension at the Meeting, or the determination of BLNG not to proceed to effect the Extension,
(b) the fulfillment of all obligations of parties hereto, (c) the liquidation or dissolution of BLNG, (d) the mutual written agreement
of the parties hereto, or (e) December 15, 2023.



 


		2.	Assignment of Economic Interest.



 


		2.1.	Upon satisfaction of the conditions set forth in Section 1.1, the Sponsor hereby assigns to Investor all of its economic right, title
and interest in and to that number of Assigned Securities set forth on Exhibit A (the “Economic Interest”),
subject to adjustment as set forth in Section 2.2. The Economic Interest represents the Sponsor’s right to receive dividends and
other distributions made by the Sponsor pursuant to the Sponsor LLC Agreement allocated to that number of Assigned Securities set forth
on Exhibit A represented by the Founder Shares held directly by the Sponsor.



 


		2.2.	If at any time the number of outstanding shares of common stock of BLNG is increased or decreased by a consolidation, combination,
split or reclassification or other similar event (other than the conversion of Founder Shares to shares of Class A common stock following
an Initial Business Combination), then, as of the effective date of such consolidation, combination, split, reclassification or similar
event, the number of shares underlying the Economic Interest shall be adjusted in proportion to such increase or decrease in outstanding
shares of common stock.



 


		2.3.	Investor acknowledges and agrees that it is not a member of the Sponsor, it has no right to vote on matters of the Sponsor or to vote
with respect to any Assigned Securities, and it has no right to vote Founder Shares prior to transfer of any such shares to Investor pursuant
to this Agreement.



 


		2.4.	Investor acknowledges and agrees that if it has a right pursuant to its Economic Interest to receive any dividends or other distributions
paid in shares of common stock or other non-cash property that is subject to the transfer restrictions and/or the lockup period set forth
in Section 7 of the Letter Agreement, the Sponsor shall transfer all of its right, title and interest in such dividends or distributions
concurrently with the transfer of the Assigned Securities to such Investor pursuant to Section 1.



 






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		2.5.	If the conditions to the transfer of the Founder Shares in Section 1 are not satisfied with respect to any Founder Shares, then Investor
shall automatically assign its Economic Interests in such Founder Shares back to the Sponsor, for no consideration.



 


		3.	Representations and Warranties of Investor. Investor represents and warrants to, and agrees with, the Sponsor that:



 


		3.1.	No Government Recommendation or Approval.  Investor understands that no federal or state agency has passed upon or
made any recommendation or endorsement of the offering of the Assigned Securities.



 


		3.2.	Accredited Investor. Investor is an “accredited investor” as such term is defined in Rule 501(a) of Regulation
D under the Securities Act of 1933, as amended (the “Securities Act”), and acknowledges that the sale contemplated
hereby is being made in reliance, among other things, on a private placement exemption to “accredited investors” under the
Securities Act and similar exemptions under state law.



 


		3.3.	Intent.  Investor is acquiring the Assigned Securities solely for investment purposes, for such Investor’s
own account (and/or for the account or benefit of its members or affiliates, as permitted), and not with a view to the distribution thereof
in violation of the Securities Act and Investor has no present arrangement to sell Assigned Securities to or through any person or entity
except as may be permitted hereunder.  



 


		3.4.	Restrictions on Transfer; Trust Account; Redemption Rights.  



 


		3.4.1.	Investor acknowledges and agrees that, prior to their transfer hereunder, the Assigned Securities are, and following any transfer
to Investor may continue to be, subject to the Transfer Restrictions and certain other restrictions as set forth in the Letter Agreement.



 


		3.4.2.	Investor acknowledges and agrees that the Assigned Securities are not entitled to, and have no right, interest or claim of any kind
in or to, any monies held in the trust account into which the proceeds of BLNG’s initial public offering were deposited (the “Trust
Account”) or distributed as a result of any liquidation of the Trust Account.



 


		3.4.3.	Investor waives any right that it may have to elect to have BLNG redeem any Investor Shares and agrees not to redeem or otherwise
exercise any right to redeem, the Investor Shares and to reverse and revoke any prior redemption elections made with respect to the Investor
Shares in connection with the Extension. For the avoidance of doubt, nothing in this Agreement is intended to restrict or prohibit Investor’s
ability to redeem any Public Shares other than the Investor Shares, or to trade or redeem any Public Shares (other than the Investor Shares)
in its discretion and at any time or any Investor Shares in its discretion and at any time after December 14, 2022.



 






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		3.4.4.	Investor acknowledges and understands the Assigned Securities are being offered in a transaction not involving a public offering in
the United States within the meaning of the Securities Act and have not been registered under the Securities Act and, if in the future
Investor decides to offer, resell, pledge or otherwise transfer Assigned Securities, such Assigned Securities may be offered, resold,
pledged or otherwise transferred only (A) pursuant to an effective registration statement filed under the Securities Act, (B) pursuant
to an exemption from registration under Rule 144 promulgated under the Securities Act, if available, or (C) pursuant to any other
available exemption from the registration requirements of the Securities Act, and in each case in accordance with any applicable securities
laws of any state or any other jurisdiction.  Investor agrees that, if any transfer of the Assigned Securities or any interest
therein is proposed to be made, as a condition precedent to any such transfer, Investor may be required to deliver to BLNG an opinion
of counsel satisfactory to BLNG that registration is not required with respect to the Assigned Securities to be transferred. Absent registration
or another available exemption from registration, Investor agrees it will not transfer the Assigned Securities.  



 


		3.5.	Voting. Investor agrees that it will and will cause its controlled affiliates to vote (or cause to be voted) or execute and
deliver a written consent (or cause a written consent to be executed and delivered) all of BLGN Common Shares owned, as of the applicable
record date, by any of them at the Meeting in favor of the Extension and cause all such shares to be counted as present at the Meeting
for purposes of establishing a quorum.



 


		3.6.	Sophisticated Investor. Investor is sophisticated in financial matters and able to evaluate the risks and benefits of the investment
in the Assigned Securities.



 


		3.7.	Risk of Loss. Investor is aware that an investment in the Assigned Securities is highly speculative and subject to substantial
risks. Investor is cognizant of and understands the risks related to the acquisition of the Assigned Securities, including those restrictions
described or provided for in this Agreement, the Sponsor LLC Agreement and the Letter Agreement pertaining to transferability.  Investor
is able to bear the economic risk of its investment in the Assigned Securities for an indefinite period of time and able to sustain a
complete loss of such investment.



 






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		3.8.	Independent Investigation.  Investor has relied upon an independent investigation of BLNG and has not relied upon
any information or representations made by any third parties or upon any oral or written representations or assurances, express or implied,
from the Sponsor or any representatives or agents of the Sponsor, other than as set forth in this Agreement. Investor is familiar with
the business, operations and financial condition of BLNG and has had an opportunity to ask questions of, and receive answers from BLNG’s
management concerning BLNG and the terms and conditions of the proposed sale of the Assigned Securities and has had full access to such
other information concerning BLNG as Investor has requested. Investor confirms that all documents that it has requested have been made
available and that Investor has been supplied with all of the additional information concerning this investment which Investor has requested.



 


		3.9.	Organization and Authority.  If any entity, Investor is duly organized and existing under the laws of the jurisdiction
in which it was organized and it possesses all requisite power and authority to acquire the Assigned Securities, enter into this Agreement
and perform all the obligations required to be performed by Investor hereunder.



 


		3.10.	Non-U.S. Investor. If Investor is not a United States person (as defined by Section 7701(a)(30) of the U.S. Internal Revenue
Code of 1986, as amended, and the regulations promulgated thereunder (collectively, the “Code”)), Investor hereby represents
that it has satisfied itself as to the full observance of the laws of its jurisdiction in connection with any invitation to subscribe
for the Assigned Securities or any use of this Agreement, including (i) the legal requirements within its jurisdiction for the acquisition
of the Assigned Securities, (ii) any foreign exchange restrictions applicable to such acquisition, (iii) any governmental or other consents
that may need to be obtained, and (iv) the income tax and other tax consequences, if any, that may be relevant to the acquisition, holding,
redemption, sale, or transfer of the Assigned Securities. Investor’s subscription and payment for and continued beneficial ownership
of the Assigned Securities will not violate any applicable securities or other laws of Investor’s jurisdiction.



 


		3.11.	Authority. This Agreement has been validly authorized, executed and delivered by Investor and is a valid and binding agreement
enforceable in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, fraudulent
conveyance, moratorium, reorganization, or similar laws relating to, or affecting generally the enforcement of, creditors’ rights
and remedies or by equitable principles of general application and except as enforcement of rights to indemnity and contribution may be
limited by federal and state securities laws or principles of public policy.



 






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		3.12.	No Conflicts. The execution, delivery and performance of this Agreement and the consummation by Investor of the transactions
contemplated hereby do not violate, conflict with or constitute a default under (i) Investor’s organizational documents, (ii)
any agreement or instrument to which Investor is a party or (iii) any law, statute, rule or regulation to which Investor is subject, or
any order, judgment or decree to which Investor is subject, in the case of clauses (ii) and (iii), that would reasonably be expected to
prevent Investor from fulfilling its obligations under this Agreement.



 


		3.13.	No Advice from Sponsor. Investor has had the opportunity to review this Agreement and the transactions contemplated by this
Agreement, the Sponsor LLC Agreement and the form of Letter Agreement with Investor’s own legal counsel and investment and tax advisors.  Except
for any statements or representations of the Sponsor explicitly made in this Agreement, Investor is relying solely on such counsel and
advisors and not on any statements or representations, express or implied, of the Sponsor or any of its representatives or agents for
any reason whatsoever, including without limitation for legal, tax or investment advice, with respect to this investment, the Sponsor,
BLNG, the Assigned Securities, the transactions contemplated by this Agreement or the securities laws of any jurisdiction.



 


		3.14.	Reliance on Representations and Warranties.  Investor understands that the Assigned Securities are being offered
and sold to Investor in reliance on exemptions from the registration requirements under the Securities Act, and analogous provisions in
the laws and regulations of various states, and that the Sponsor is relying upon the truth and accuracy of the representations, warranties,
agreements, acknowledgments and understandings of Investor set forth in this Agreement in order to determine the applicability of such
provisions.



 


		3.15.	No General Solicitation.  Investor is not subscribing for Assigned Securities as a result of or subsequent to any
general solicitation or general advertising, including but not limited to any advertisement, article, notice or other communication published
in any newspaper, magazine, or similar media or broadcast over television or radio or any seminar or meeting whose attendees have been
invited by any general solicitation or general advertising.



 


		3.16.	Brokers. No broker, finder or intermediary has been paid or is entitled to a fee or commission from or by Investor in
connection with the acquisition of the Assigned Securities nor is Investor entitled to or will accept any such fee or commission.



 






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		4.	Representations and Warranties of Sponsor. The Sponsor represents and warrants to, and agrees with, the Investor that:



 


		4.1.	Power and Authority.  The Sponsor is a limited liability company duly formed and validly existing and in good standing
as a limited liability company under the laws of the State of Delaware and possesses all requisite limited liability company power and
authority to enter into this Agreement and to perform all of the obligations required to be performed by the Sponsor hereunder, including
the assignment, sale and transfer the Assigned Securities.



 


		4.2.	Authority. All corporate action on the part of the Sponsor and its officers, directors and members necessary for the authorization,
execution and delivery of this Agreement and the performance of all obligations of the Sponsor required pursuant hereto has been taken.
This Agreement has been duly executed and delivered by the Sponsor and (assuming due authorization, execution and delivery by Investor)
constitutes the Sponsor’s legal, valid and binding obligation, enforceable against the Sponsor in accordance with its terms, except
as such enforceability may be limited by applicable bankruptcy, insolvency, fraudulent conveyance, moratorium, reorganization, or similar
laws relating to, or affecting generally the enforcement of, creditors’ rights and remedies or by equitable principles of general
application and except as enforcement of rights to indemnity and contribution may be limited by federal and state securities laws or principles
of public policy.



 


		4.3.	Title to Securities. The Sponsor is the record and beneficial owner of, and has good and marketable title to, the Assigned
Securities and will, immediately prior to the transfer of the Assigned Securities to Investor, be the record and beneficial owner of the
Assigned Securities, in each case, free and clear of all liens, pledges, security interests, charges, claims, encumbrances, agreements,
options, voting trusts, proxies and other arrangements or restrictions of any kind (other than transfer restrictions and other terms and
conditions that apply to the Founder Shares generally and applicable securities laws). The Assigned Securities to be transferred, when
transferred to Investor as provided herein, will be free and clear of all liens, pledges, security interests, charges, claims, encumbrances, agreements,
options, voting trusts, proxies and other arrangements or restrictions of any kind (other than transfer restrictions and other terms and
conditions that apply to the Founder Shares generally and applicable securities laws).



 


		4.4.	No Conflicts. The execution, delivery and performance of this Agreement and the consummation by the Sponsor of the transactions
contemplated hereby do not violate, conflict with or constitute a default under (i) the certificate of formation or the Sponsor LLC Agreement,
(ii) any agreement or instrument to which the Sponsor is a party or by which it is bound (including the Letter Agreement and the Sponsor
LLC Agreement) or (iii) any law, statute, rule or regulation to which the Sponsor is subject or any order, judgment or decree to which
the Sponsor is subject. The Sponsor is not required under federal, state or local law, rule or regulation to obtain any consent, authorization
or order of, or make any filing or registration with, any court or governmental agency or self-regulatory entity in order for it to perform
any of its obligations under this Agreement or transfer the Assigned Securities in accordance with the terms hereof.



 






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		4.5.	No General Solicitation.  The Sponsor has not offered the Assigned Securities by means of any general solicitation
or general advertising within the meaning of Regulation D of the Securities Act, including but not limited to any advertisement, article,
notice or other communication published in any newspaper, magazine, or similar media or broadcast over television or radio or any seminar
or meeting whose attendees have been invited by any general solicitation or general advertising.



 


		4.6.	Brokers. No broker, finder or intermediary has been paid or is entitled to a fee or commission from or by the Sponsor
in connection with the sale of the Assigned Securities nor is the Sponsor entitled to or will accept any such fee or commission.



 


		4.7.	Transfer Restrictions. Until termination of this Agreement, the Sponsor shall not transfer any of its Restricted Units and
Founder Shares representing the economic benefit of the Assigned Securities other than any transfer pursuant to the Sponsor LLC Agreement
in connection with an Initial Business Combination.



 


		4.8.	Reliance on Representations and Warranties.  The Sponsor understands and acknowledges that Investor is relying upon
the truth and accuracy of the representations, warranties, agreements, acknowledgments and understandings of the Sponsor set forth in
this Agreement.



 


		5.	Trust Account. Until the earlier of (a) the consummation of BLNG’s initial business combination; (b) the liquidation
of the Trust Account; and (c) 24 months from consummation of BLNG’s initial public offering, BLNG will maintain the investment of
funds held in the Trust Account in interest-bearing 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, which invest
only in direct U.S. government treasury obligations. BLNG further confirms that it will not utilize any funds from its Trust Account to
pay any potential excise taxes that may become due upon a redemption of the Public Shares, including in connection with a liquidation
of BLNG if it does not effect a business combination prior to its termination date.



 






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		6.	Governing Law; Jurisdiction; Waiver of Jury Trial. 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 its principles or rules of conflict of laws to the extent such principles
or rules would require or permit the application of the laws of another jurisdiction. The parties hereto hereby waive any right to a jury
trial in connection with any litigation pursuant to this Agreement and the transactions contemplated hereby. With respect to any suit,
action or proceeding relating to the transactions contemplated hereby, the undersigned irrevocably submit to the jurisdiction of the United
States District Court or, if such court does not have jurisdiction, the New York state courts located in the Borough of Manhattan, State
of New York, which submission shall be exclusive.



 


		7.	Assignment; Entire Agreement; Amendment.



 


		7.1.	Assignment. Any assignment of this Agreement or any right, remedy, obligation or liability arising hereunder by either
the Sponsor or Investor to any person that is not an affiliate of such party shall require the prior written consent of the other party.



 


		7.2.	Entire Agreement. This Agreement sets forth the entire agreement and understanding between the parties as to the subject matter
thereof and merges and supersedes all prior discussions, agreements and understandings of any and every nature among them.



 


		7.3.	Amendment. Except as expressly provided in this Agreement, neither this Agreement nor any term hereof may be amended, waived,
discharged or terminated other than by a written instrument signed by the party against whom enforcement of any such amendment, waiver,
discharge or termination is sought.



 


		7.4.	Binding upon Successors. This Agreement shall be binding upon and inure to the benefit of the parties hereto and to their respective
heirs, legal representatives, successors and permitted assigns. 



 


		8.	Notices. Unless otherwise provided herein, any notice or other communication to a party hereunder shall be sufficiently given
if in writing and personally delivered or sent by facsimile or other electronic transmission with copy sent in another manner herein provided
or sent by courier (which for all purposes of this Agreement shall include Federal Express or another recognized overnight courier) or
mailed to said party by certified mail, return receipt requested, at its address provided for herein or such other address as either may
designate for itself in such notice to the other.  Communications shall be deemed to have been received when delivered personally,
on the scheduled arrival date when sent by next day or 2nd-day courier service, or if sent by facsimile upon receipt of confirmation of
transmittal or, if sent by mail, then three days after deposit in the mail. If given by electronic transmission, such notice shall be
deemed to be delivered (a) if by electronic mail, when directed to an electronic mail address at which the party has provided to
receive notice; and (b) if by any other form of electronic transmission, when directed to such party.



 






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		9.	Counterparts. This Agreement may be executed in two or more counterparts, all of which when taken together shall be considered
one and the same agreement and shall become effective when counterparts have been signed by each party and delivered to the other party,
it being understood that both parties need not sign the same counterpart. Counterparts may be delivered via facsimile, electronic
mail (including any electronic signature covered by the U.S. federal ESIGN Act of 2000, Uniform Electronic Transactions Act, the Electronic
Signatures and Records Act or other applicable law, e.g., www.docusign.com) or other transmission method and any counterpart so delivered
shall be deemed to have been duly and validly delivered and be valid and effective for all purposes.



 


		10.	Survival; Severability



 


		10.1.	Survival. The representations, warranties, covenants and agreements of the parties hereto shall survive the closing of the
transactions contemplated hereby.



 


		10.2.	Severability. In the event that any provision of this Agreement becomes or is declared by a court of competent jurisdiction
to be illegal, unenforceable or void, this Agreement shall continue in full force and effect without said provision; provided that no
such severability shall be effective if it materially changes the economic benefit of this Agreement to any party.



 


		11.	Headings. The titles and subtitles used in this Agreement are used for convenience only and are not to be considered
in construing or interpreting this Agreement.



 


		12.	No Publicity; Disclosure. The Sponsor agrees that it will not, without the prior written consent of Investor, publicly disclose
the name of Investor or any of its affiliates or investment advisors, other than as required by applicable law, rule or regulation, in
which case Sponsor shall provide Investor with prior written notice of such disclosure. The Company shall, by 9:00 a.m., New York City
time, on the first business day immediately following the date of this Agreement, issue one or more press releases or file with the United
States Securities and Exchange Commission a Current Report on Form 8-K (collectively, the “Disclosure Document”) disclosing,
to the extent not previously publicly disclosed, all material terms of the transactions contemplated hereby and any other material, nonpublic
information that the Company has provided to Investor at any time prior to the filing of the Disclosure Document. The Disclosure Document
shall also provide that until the earlier of (a) the consummation of BLNG’s initial business combination; (b) the liquidation
of the Trust Account; and (c) 24 months from consummation of BLNG’s initial public offering, BLNG will maintain the investment of
funds held in the Trust Account in interest-bearing 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, which invest
only in direct U.S. government treasury obligations. Such Disclosure Document shall further provide that BLNG will not utilize any funds
from its Trust Account to pay any potential excise taxes that may become due upon a redemption of the Public Shares, including in connection
with a liquidation of BLNG if it does not effect a business combination prior to its termination date. Upon
the issuance of the Disclosure Document, to the Company’s knowledge, Investor shall not be in possession of any material, nonpublic
information received from the Company or any of its officers, directors or employees.



 






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		13.	Independent Nature of Rights and Obligations. Nothing contained herein, and no action taken by any party pursuant hereto, shall
be deemed to constitute Investor and the Sponsor as, and the Sponsor acknowledges that Investor and the Sponsor do not so constitute,
a partnership, an association, a joint venture or any other kind of entity, or create a presumption that Investor and the Sponsor are
in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Agreement or any
matters, and the Sponsor acknowledges that Investor and the Sponsor are not acting in concert or as a group, and the Sponsor shall not
assert any such claim, with respect to such obligations or the transactions contemplated by this Agreement.



 


		14.	Most Favored Nation. In the event the Sponsor enters one or more other non-redemption or forward share purchase agreements
before or after the execution of this Agreement, the Sponsor represents that the terms of such other agreements are not materially more
favorable to such other investors thereunder than the terms of this Agreement are in respect of the Investor. In the event that another
investor is afforded any such more favorable terms than the Investor, the Sponsor shall promptly inform the Investor of such more favorable
terms in writing, and the Investors shall have the right to elect to have such more favorable terms included herein, in which case the
parties hereto shall promptly amend this Agreement to effect the same.



 




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IN WITNESS WHEREOF, the parties
hereto have caused this Agreement to be duly executed as of the date first above written.


 


	 	INVESTOR
	 	 	                    
	 	By:	 
	 	Name: 	 
	 	Title:	 


 


[Signature Page to Non-Redemption Agreement]


 




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	 	SPONSOR:
	 	 
	 	BELONG ACQUISITION SPONSOR, LLC
	 	 	 
	 	By:	 
	 	Name: 	 Peter Saldarriaga
	 	Title:  	Manager
	 	 
	 	BLNG:
	 	 
	 	BELONG ACQUISITION CORP.
	 	 	 
	 	By:	 
	 	Name:	Peter Saldarriaga
	 	Title: 	Chief Executive Officer and Chief Financial Officer


 


[Signature Page to Non-Redemption Agreement]


 






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Exhibit A


 


	Investor	Founder Shares to

 be Transferred / 

Economic Interest 

Assigned 
	
     

    Address:

     

    SSN/EIN:
	
     

    [---]1



 





 



1 NTD: Equal to 1 Founder Share for every 3.5 Investor Shares,
up to 100,000 Founder Shares.


 




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EXHIBIT B


 


FORM OF JOINDER


 


TO


 


LETTER AGREEMENT


 


AND


 


REGISTRATION RIGHTS AGREEMENT


 


______, 20_


 


Reference is made to that certain
                                               
Agreement, dated as of                            , 2022 (the “Agreement”), by and between                                         (“Investor”) and
Belong Acquisition Sponsor, LLC (the “Sponsor”), pursuant to which Investor acquired securities of Belong
Acquisition Corp. (the “Company”) from the Sponsor. Capitalized terms used and not otherwise defined herein shall
have the meanings given to such terms in the Agreement.


 


By executing this joinder, Investor hereby agrees,
as of the date first set forth above, that Investor (i) shall become a party to that certain Letter Agreement, dated July 22, 2021 (as
it exists on the date of the Agreement, the “Letter Agreement”), by and among the Company, the Sponsor, officers and
directors of the Company, and the other stockholders of the Company signatory thereto, solely with respect to Section 7 of the Letter
Agreement, and shall be bound by, and entitled to the rights provided under, the terms and provisions of such section of the Letter Agreement
as an Insider (as defined therein) solely with respect to its Assigned Securities; and (ii) shall become a party to that certain Registration
Rights Agreement, dated July 22, 2021 (as it exists on the date of the Agreement, the “Registration Rights Agreement”),
by and among the Company, the Sponsor, and the other stockholders of the Company signatory thereto, and shall be bound by the terms and
provisions of the Registration Rights Agreement as a Holder (as defined therein) and entitled to the rights of a Holder under the
Registration Rights Agreement and the Assigned Securities (together with any other equity security of the Company issued or issuable with
respect to any such Assigned Securities by way of a stock dividend or stock split or in connection with a combination of shares, recapitalization,
merger, consolidation or reorganization) shall be “Registrable Securities” thereunder.


 


For the purposes of clarity, it is expressly understood
and agreed that each provision contained herein, in the Letter Agreement (to the extent applicable to Investor) and the Registration Rights
Agreement is between the Company and Investor, solely, and not between and among Investor and the other stockholders of the Company signatory
thereto.


 






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This joinder may be executed in two or more counterparts,
and by facsimile, all of which shall be deemed an original and all of which together shall constitute one instrument.


 


	 	[INVESTOR]
	 	 	                  
	 	By:	 
	 	Name: 	 
	 	Title: 	 


 


	ACKNOWLEDGED AND AGREED:	 
	 	 
	BELONG ACQUISITION CORP.	 
	 	                               	 
	By:	 	 
	Name: 	 	 
	Title:	 	 


 


 


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