Document:

Exhibit 10.6

   

  INDEMNIFICATION AGREEMENT

   

  This Indemnification Agreement (“Agreement”)
    is made and entered into as of this [●] day of December, 2020, by and between HumanCo Acquisition Corp., a Delaware corporation
    (the “Company”), and                     
    (“Indemnitee”).

   

  WHEREAS, in light of the litigation costs and
    risks to directors and officers resulting from their service to companies, and the desire of the Company to attract and retain
    qualified individuals to serve as directors and officers, it is reasonable, prudent and necessary for the Company to indemnify
    and advance expenses on behalf of its directors and/or officers to the fullest extent permitted by applicable law so that they
    will serve or continue to serve the Company free from undue concern regarding such risks;

   

  WHEREAS, the Company has requested that Indemnitee
    serve or continue to serve as a director and/or an officer of the Company and may have requested or may in the future request that
    Indemnitee serve in other capacities;

   

  WHEREAS, one of the conditions that Indemnitee
    requires in order to serve as a director and/or an officer of the Company is that Indemnitee be so indemnified; and

   

  WHEREAS, Indemnitee does not regard the advancement
    or indemnification protections provided for in the Bylaws or the Certificate of Incorporation to be adequate protection against
    personal liability.

   

  NOW, THEREFORE, in consideration of the premises
    and the covenants contained herein, the Company and Indemnitee do hereby covenant and agree as follows:

   

  1.           Services
      by Indemnitee. Indemnitee agrees to serve as an officer, director, advisor, key employee or in any other capacity of the Company.
    Indemnitee may at any time and for any reason resign from such position (subject to any contractual obligation the Indemnitee may
    have under any other agreement). The foregoing notwithstanding, this Agreement shall continue in full force and effect after Indemnitee
    has ceased to serve as a director, officer, advisor, key employee or in any other capacity of the Company. This Agreement, however,
    shall not impose any obligation on Indemnitee or the Company to continue Indemnitee’s service to the Company beyond any period
    otherwise required by law or by other agreements or commitments of the parties, if any.

   

  2.           Indemnification
      - General. On the terms and subject to the conditions of this Agreement, the Company shall, to the fullest extent permitted
    by law, indemnify Indemnitee with respect to, and hold Indemnitee harmless from and against, all losses, liabilities, judgments,
    fines, penalties, costs, amounts paid in settlement, Expenses (as hereinafter defined) and other amounts that Indemnitee incurs
    and that result from, arise in connection with or are by reason of Indemnitee’s Corporate Status (as hereinafter defined)
    and shall advance Expenses to Indemnitee.

   

  
  
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  3.           Indemnity
      in Third-Party Proceedings. If in connection with or by reason of Indemnitee’s Corporate Status, Indemnitee was, is,
    or is threatened to be made, a party to or a participant in any Proceeding (as hereinafter defined) other than a Proceeding by
    or in the right of the Company to procure a judgment in its favor, the Company shall, to the fullest extent permitted by law, indemnify
    Indemnitee with respect to, and hold Indemnitee harmless from and against, all Expenses, liabilities, judgments, penalties, fines
    and amounts paid in settlement (including all interest, assessments and other charges paid or payable in connection with or in
    respect of such liabilities, judgments, penalties, fines and amounts paid in settlement) actually and reasonably incurred by Indemnitee
    or on behalf of Indemnitee in connection with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in good
    faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company and, in the case
    of a criminal Proceeding, had no reasonable cause to believe that his or her conduct was unlawful.

   

  4.           Indemnity
      in Proceedings by or in the Right of the Company. If in connection with or by reason of Indemnitee’s Corporate Status,
    Indemnitee was, is, or is threatened to be made, a party to or a participant in any Proceeding by or in the right of the Company
    to procure a judgment in the Company’s favor, the Company shall, to the fullest extent permitted by law, indemnify Indemnitee
    with respect to, and hold Indemnitee harmless from and against, all Expenses actually and reasonably incurred by Indemnitee or
    on behalf of Indemnitee in connection with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in good faith
    and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company. No indemnification,
    hold harmless or exoneration for Expenses shall be made under this Section 4 in respect of any claim, issue or matter as to which
    Indemnitee shall have been finally adjudged by a court to be liable to the Company, unless and only to the extent that any court
    in which the Proceeding was brought or the Delaware Court (as hereinafter defined) shall determine upon application that, despite
    the adjudication of liability but in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to
    indemnification, to be held harmless or to exoneration.

   

  5.           Mandatory
      Indemnification in Case of Successful Defense. Notwithstanding any other provisions of this Agreement, to the extent that Indemnitee
    is, by reason of Indemnitee’s Corporate Status, a party to (or a participant in) and is successful, on the merits or otherwise,
    in defense of any Proceeding or any claim, issue or matter therein (including, without limitation, any Proceeding brought by or
    in the right of the Company), the Company shall, to the fullest extent permitted by applicable law, indemnify Indemnitee with respect
    to, and hold Indemnitee harmless from and against, all Expenses actually and reasonably incurred by Indemnitee or on behalf of
    Indemnitee in connection therewith. If Indemnitee is not wholly successful in defense of such Proceeding but is successful, on
    the merits or otherwise, as to one or more but less than all claims, issues or matters in such Proceeding, the Company shall, to
    the fullest extent permitted by law, indemnify Indemnitee against all Expenses actually and reasonably incurred by Indemnitee or
    on behalf of Indemnitee in connection with each successfully resolved claim, issue or matter. For purposes of this Section 5
    and without limitation, the termination of any claim, issue or matter in such a Proceeding by dismissal, with or without prejudice,
    on substantive or procedural grounds, or settlement of any such claim prior to a final judgment by a court of competent jurisdiction
    with respect to such Proceeding, shall be deemed to be a successful result as to such claim, issue or matter.

   

  
  
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  6.           Partial
      Indemnification. If Indemnitee is entitled under any provision of this Agreement or otherwise to indemnification by the Company
    for some or a portion of the Expenses, liabilities, judgments, penalties, fines and amounts paid in settlement (including all interest,
    assessments and other charges paid or payable in connection with or in respect of such liabilities, judgments, penalties, fines
    and amounts paid in settlement) actually and reasonably incurred by Indemnitee or in connection with a Proceeding or any claim,
    issue or matter therein, in whole or in part, the Company shall, to the fullest extent permitted by law, indemnify Indemnitee to
    the fullest extent to which Indemnitee is entitled to such indemnification.

   

  7.           Indemnification
      for Additional Expenses Incurred to Secure Recovery or as Witness.

   

  (a)          The
    Company shall, to the fullest extent permitted by law, indemnify Indemnitee with respect to, and hold Indemnitee harmless from
    and against, any and all Expenses and, if requested by Indemnitee, shall advance on an as-incurred basis (as provided in Section
      8 of this Agreement) such Expenses to Indemnitee, which are actually and reasonably incurred by Indemnitee in connection with
    any action or proceeding or part thereof brought by Indemnitee for (i) indemnification or advance payment of Expenses by the Company
    under this Agreement, any other agreement, the Certificate of Incorporation or Bylaws of the Company as now or hereafter in effect;
    or (ii) recovery under any director and officer liability insurance policies maintained by the Company.

   

  (b)          To
    the extent that Indemnitee is, by reason of Corporate Status, a witness (or is forced or asked to respond to discovery requests)
    in any Proceeding to which Indemnitee is not a party, the Company shall, to the fullest extent permitted by law, indemnify Indemnitee
    with respect to, and hold Indemnitee harmless from and against, and the Company will advance on an as-incurred basis (as provided
    in Section 8 of this Agreement), all Expenses actually and reasonably incurred by Indemnitee or on behalf of Indemnitee
    in connection therewith.

   

  8.           Advancement
      of Expenses. The Company shall, to the fullest extent permitted by law, pay on a current and as-incurred basis all Expenses
    actually and reasonably incurred by Indemnitee in connection with any Proceeding in any way connected with, resulting from or relating
    to Indemnitee’s Corporate Status. Such Expenses shall be paid in advance of the final disposition of such Proceeding, without
    regard to whether Indemnitee will ultimately be entitled to be indemnified for such Expenses and without regard to whether an Adverse
    Determination (as hereinafter defined) has been or may be made, except as contemplated by the last sentence of Section 9(f)
    of this Agreement. Upon submission by the Indemnitee and receipt by the Company of a request for advancement of Expenses pursuant
    to Section 9(c) of this Agreement, Indemnitee shall be entitled to advancement of Expenses as provided in this Section
      8, and such advancement of Expenses shall continue until such time (if any) as there is a final non-appealable judicial determination
    that Indemnitee is not entitled to indemnification. Indemnitee shall repay such amounts advanced if and to the extent that it shall
    ultimately be determined in a decision by a court of competent jurisdiction from which no appeal can be taken that Indemnitee is
    not entitled to be indemnified by the Company for such Expenses. Such repayment obligation shall be unsecured and shall not bear
    interest. The Company shall not impose on Indemnitee additional conditions to advancement or require from Indemnitee additional
    undertakings regarding repayment.

   

  
  
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  9.           Indemnification
      Procedures.

   

  (a)          Notice
      of Proceeding. Indemnitee agrees to notify the Company promptly upon being served with any summons, citation, subpoena, complaint,
    indictment, information or other document relating to any Proceeding or matter which may be subject to indemnification or advancement
    of Expenses hereunder. Any failure by Indemnitee to notify the Company will relieve the Company of its advancement or indemnification
    obligations under this Agreement only to the extent the Company can establish that such omission to notify resulted in actual and
    material prejudice to it which cannot be reversed or otherwise eliminated without any material negative effect on the Company,
    and the omission to notify the Company will, in any event, not relieve the Company from any liability which it may have to indemnify
    Indemnitee otherwise than under this Agreement. If, at the time of receipt of any such notice, the Company has director and officer
    insurance policies in effect, the Company will promptly notify the relevant insurers in accordance with the procedures and requirements
    of such policies.

   

  (b)          Defense;
      Settlement. Indemnitee shall have the sole right and obligation to control the defense or conduct of any claim or Proceeding
    with respect to Indemnitee. The Company shall not, without the prior written consent of Indemnitee, which may be provided or withheld
    in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought
    against Indemnitee or which potentially or actually imposes any cost, liability, exposure or burden on Indemnitee unless (i) such
    settlement solely involves the payment of money or performance of any obligation by persons other than Indemnitee and includes
    an unconditional release of Indemnitee by all relevant parties from all liability on any matters that are the subject of such Proceeding
    and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters and (ii) the Company has fully indemnified
    the Indemnitee with respect to, and held Indemnitee harmless from and against, all Expenses actually and reasonably incurred by
    Indemnitee or on behalf of Indemnitee in connection with such Proceeding. The Company shall not be obligated to indemnify Indemnitee
    against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the
    Company’s prior written consent, which consent shall not be unreasonably withheld, delayed or conditioned, unless such settlement
    solely involves the payment of money or performance of any obligation by persons other than the Company and includes an unconditional
    release of the Company by any party to such Proceeding other than the Indemnitee from all liability on any matters that are the
    subject of such Proceeding and an acknowledgment that the Company denies all wrongdoing in connection with such matters.

   

  (c)          Request
      for Advancement; Request for Indemnification.

   

  (i)          To
    obtain advancement of Expenses under this Agreement, Indemnitee shall submit to the Company a written request therefor, together
    with such invoices or other supporting information as may be reasonably requested by the Company and reasonably available to Indemnitee,
    and, only to the extent required by applicable law which cannot be waived, an unsecured written undertaking to repay amounts advanced.
    The Company shall make advance payment of Expenses to Indemnitee no later than ten (10) business days after receipt of the written
    request for advancement (and each subsequent request for advancement) by Indemnitee. If, at the time of receipt of any such written
    request for advancement of Expenses, the Company has director and officer insurance policies in effect, the Company will promptly
    notify the relevant insurers in accordance with the procedures and requirements of such policies. The Company shall thereafter
    keep such director and officer insurers informed of the status of the Proceeding or other claim and take such other actions, as
    appropriate to secure coverage of Indemnitee for such claim.

   

  
  
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  (ii)         To
    obtain indemnification under this Agreement, Indemnitee may submit a written request for indemnification hereunder. The time at
    which Indemnitee submits a written request for indemnification shall be determined by the Indemnitee in the Indemnitee's sole discretion.
    Once Indemnitee submits such a written request for indemnification (and only at such time that Indemnitee submits such a written
    request for indemnification), a Determination (as hereinafter defined) shall thereafter be made, as provided in and only to the
    extent required by Section 9(d) of this Agreement. In no event shall a Determination be made, or required to be made, as
    a condition to or otherwise in connection with any advancement of Expenses pursuant to Section 8 and Section 9(c)(i)
    of this Agreement. If, at the time of receipt of any such request for indemnification, the Company has director and officer insurance
    policies in effect, the Company will promptly notify the relevant insurers and take such other actions as necessary or appropriate
    to secure coverage of Indemnitee for such claim in accordance with the procedures and requirements of such policies.

   

  (d)          Determination.
    The Company agrees that Indemnitee shall be indemnified to the fullest extent permitted by law and that no Determination shall
    be required in connection with such indemnification unless specifically required by applicable law which cannot be waived. In no
    event shall a Determination be required in connection with indemnification for Expenses pursuant to Section 7 of this Agreement
    or incurred in connection with any Proceeding or portion thereof with respect to which Indemnitee has been successful on the merits
    or otherwise. Any decision that a Determination is required by law in connection with any other indemnification of Indemnitee,
    and any such Determination, shall be made within twenty (20) days after receipt of Indemnitee’s written request for indemnification
    pursuant to Section 9(c)(ii) and such Determination shall be made either (i) by the Disinterested Directors (as hereinafter
    defined), even though less than a quorum, so long as Indemnitee does not request that such Determination be made by Independent
    Counsel (as hereinafter defined), or (ii) if so requested by Indemnitee, in Indemnitee’s sole discretion, by Independent
    Counsel in a written opinion to the Company and Indemnitee. If a Determination is made that Indemnitee is entitled to indemnification,
    payment to Indemnitee shall be made within ten (10) business days after such Determination. Indemnitee shall reasonably cooperate
    with the person, persons or entity making such determination with respect to Indemnitee’s entitlement to indemnification,
    including providing to such person, persons or entity upon reasonable advance request any documentation or information which is
    not privileged or otherwise protected from disclosure and which is reasonably available to Indemnitee and reasonably necessary
    to such Determination. Any Expenses actually and reasonably incurred by Indemnitee in so cooperating with the Disinterested Directors
    or Independent Counsel, as the case may be, making such determination shall be advanced and borne by the Company (irrespective
    of the Determination as to Indemnitee’s entitlement to indemnification) and the Company is liable to indemnify and hold Indemnitee
    harmless therefrom. If the person, persons or entity empowered or selected under Section 9(d) of this Agreement to determine
    whether Indemnitee is entitled to indemnification shall not have made a determination within twenty (20) days after receipt by
    the Company of the request therefor, the requisite determination of entitlement to indemnification shall, to the fullest extent
    not prohibited by law, be deemed to have been made and Indemnitee shall be entitled to such indemnification, absent (i) a misstatement
    by Indemnitee of a material fact, or an omission of a material fact necessary to make Indemnitee’s statement not materially
    misleading, in connection with the request for indemnification, or (ii) a prohibition of such indemnification under applicable
    law; provided, however, that such twenty (20) day period may be extended for a reasonable time, not to exceed an additional twenty
    (20) days, if the person, persons or entity making the determination with respect to entitlement to indemnification in good faith
    requires such additional time for the obtaining or evaluating of documentation and/or information relating thereto; and provided,
    further, that the foregoing provisions of this Section 9(d) shall not apply if the determination of entitlement to indemnification
    is to be made by Independent Counsel pursuant to Section 9(e).

   

  
  
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  (e)          Independent
      Counsel. In the event a Determination is to be made by Independent Counsel pursuant to Section 9(d) of this Agreement,
    the Independent Counsel shall be selected as provided in this Section 9(e). The Independent Counsel shall be selected by
    Indemnitee (unless Indemnitee shall request that such selection be made by the Board of Directors, in which event the Board of
    Directors shall make such selection on behalf of the Company, subject to the remaining provisions of this Section 9(e)),
    and Indemnitee or the Company, as the case may be, shall give written notice to the other, advising the Company or Indemnitee of
    the identity of the Independent Counsel so selected. The Company or Indemnitee, as the case may be, may, within ten (10) days after
    such written notice of selection shall have been received, deliver to Indemnitee or the Company, as the case may be, a written
    objection to such selection; provided, however, that such objection may be asserted only on the ground that the Independent
    Counsel so selected does not meet the requirements of “Independent Counsel” as defined in Section 15 of this
    Agreement, and the objection shall set forth with particularity the factual basis of such assertion. Absent a proper and timely
    objection, the person so selected shall act as Independent Counsel. If such written objection is so made and substantiated, the
    Independent Counsel so selected may not serve as Independent Counsel unless and until such objection is withdrawn or a court of
    competent jurisdiction has determined that such objection is without merit. If, within twenty (20) days after submission by Indemnitee
    of a written request for indemnification pursuant to Section 9(c)(ii) of this Agreement and after a request for the appointment
    of Independent Counsel has been made, no Independent Counsel shall have been selected and not objected to, either the Company or
    Indemnitee may petition a court of competent jurisdiction for resolution of any objection which shall have been made by the Company
    or Indemnitee to the other’s selection of Independent Counsel and/or for the appointment as Independent Counsel of a person
    selected by the court or by such other person as the court shall designate, and the person with respect to whom all objections
    are so resolved or the person so appointed shall act as Independent Counsel under Section 9(d) of this Agreement. Upon the
    due commencement of any judicial proceeding or arbitration pursuant to Section 9(f) of this Agreement, Independent Counsel
    shall be discharged and relieved of any further responsibility in such capacity (subject to the applicable standards of professional
    conduct then prevailing). Any expenses actually and reasonably incurred by or in connection with the appointment of Independent
    Counsel shall be borne by the Company (irrespective of the Determination of Indemnitee's entitlement to indemnification) and not
    by Indemnitee.

   

  
  
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  (f)           Consequences
      of Determination; Remedies of Indemnitee. The Company shall be bound by and shall have no right to challenge a Favorable Determination.
    If an Adverse Determination is made, or if for any other reason the Company does not make timely indemnification payments or advances
    of Expenses, Indemnitee shall have the right to commence a Proceeding before a court of competent jurisdiction to challenge such
    Adverse Determination and/or to require the Company to make such payments or advances (and the Company shall have the right to
    defend its position in such Proceeding and to appeal any adverse judgment in such Proceeding). Indemnitee shall be entitled to
    be indemnified for all Expenses incurred in connection with such a Proceeding and to have such Expenses advanced by the Company
    in accordance with Section 8 of this Agreement. If Indemnitee fails to challenge an Adverse Determination within fifteen
    (15) business days, or if Indemnitee challenges an Adverse Determination and such Adverse Determination has been upheld by a final
    judgment of a court of competent jurisdiction from which no appeal can be taken, then, to the extent and only to the extent required
    by such Adverse Determination or final judgment, the Company shall not be obligated to indemnify or advance Expenses to Indemnitee
    under this Agreement.

   

  (g)          Presumptions;
      Burden and Standard of Proof. The parties intend and agree that, to the extent permitted by law, in connection with any Determination
    with respect to Indemnitee’s entitlement to indemnification hereunder by any person, including a court:

   

  (i)          it
    will be presumed that Indemnitee is entitled to indemnification under this Agreement (notwithstanding any Adverse Determination),
    and the Company or any other person or entity challenging such right will have the burden of proof to overcome that presumption
    in connection with the making by any person, persons or entity of any determination contrary to that presumption;

   

  (ii)         the
    termination of any action, suit or proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere
    or its equivalent, shall not, of itself, create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee
    reasonably believed to be in or not opposed to the best interests of the Company, and, with respect to any criminal action or proceeding,
    had reasonable cause to believe that Indemnitee’s conduct was unlawful;

   

  (iii)        For
    purposes of any determination of good faith, Indemnitee will be deemed to have acted in good faith if Indemnitee’s action
    is based on the records or books of account of the Company, including financial statements, or on information supplied to Indemnitee
    by the officers, employees, or committees of the board of directors of the Company in the course of their duties, or on the advice
    of legal counsel or other advisors (including financial advisors and accountants) for the Company or on information or records
    given in reports made to the Company by an independent certified public accountant or by an appraiser or other expert or advisor
    selected by the Company; and

   

  (iv)        the
    knowledge and/or actions, or failure to act, of any director, officer, agent or employee of the Company or relevant enterprises
    will not be imputed to Indemnitee in a manner that limits or otherwise adversely affects Indemnitee’s rights hereunder.

   

  
  
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  The provisions of this Section 9(g) shall
    not be deemed to be exclusive or to limit in any way the other circumstances in which Indemnitee may be deemed to have met the
    applicable standard of conduct set forth in this Agreement.

   

  10.         Remedies
      of Indemnitee.

   

  (a)          Subject
    to Section 10(e), in the event that (i) a determination is made pursuant to Section 9(d) of this Agreement that Indemnitee
    is not entitled to indemnification under this Agreement, (ii) advancement of Expenses is not timely made pursuant to Section 9(c)
    of this Agreement, (iii) no determination of entitlement to indemnification shall have been made pursuant to Section 9(d)
    of this Agreement within twenty (20) days after receipt by the Company of the request for indemnification, (iv) payment of indemnification
    is not made pursuant to Section 5, 6 or 7 of this Agreement within ten (10) business days after receipt
    by the Company of a written request therefor, (v) payment of indemnification pursuant to Section 3, 4 or 7
    of this Agreement is not made within five (5) business days after a determination has been made that Indemnitee is entitled to
    indemnification, or (vi) in the event that the Company or any other person takes or threatens to take any action to declare this
    Agreement void or unenforceable, or institutes any litigation or other action or Proceeding designed to deny, or to recover from,
    the Indemnitee the benefits provided or intended to be provided to the Indemnitee hereunder, Indemnitee shall be entitled to an
    adjudication by a court of his entitlement to such indemnification or advancement of Expenses. Alternatively, Indemnitee, at his
    option, may seek an award in arbitration to be conducted by a single arbitrator pursuant to the Commercial Arbitration Rules of
    the American Arbitration Association. Indemnitee shall commence such proceeding seeking an adjudication or an award in arbitration
    within one hundred eighty (180) days following the date on which Indemnitee first has the right to commence such proceeding pursuant
    to this Section 10(a); provided, however, that the foregoing clause shall not apply in respect of a proceeding
    brought by Indemnitee to enforce his rights under Section 5 of this Agreement. The Company shall not oppose Indemnitee’s
    right to seek any such adjudication or award in arbitration.

   

  (b)          In
    the event that a determination shall have been made pursuant to Section 9(d) of this Agreement that Indemnitee is not entitled
    to indemnification, any judicial proceeding or arbitration commenced pursuant to this Section 10 shall be conducted
    in all respects as a de novo trial, or arbitration, on the merits, in which (i) Indemnitee shall not be prejudiced by reason of
    that adverse determination, and (ii) the Company shall bear the burden of establishing that Indemnitee is not entitled to indemnification.

   

  (c)          If
    a determination shall have been made pursuant to Section 9(d) of this Agreement that Indemnitee is entitled to indemnification,
    the Company shall be bound by such determination in any judicial proceeding or arbitration commenced pursuant to this Section
      10, absent (i) a misstatement by Indemnitee of a material fact, or an omission of a material fact necessary to make Indemnitee’s
    statement not materially misleading, in connection with the request for indemnification, or (ii) a prohibition of such indemnification
    under applicable law.

   

  (d)          The
    Company shall, to the fullest extent not prohibited by law, be precluded from asserting in any judicial proceeding or arbitration
    commenced pursuant to this Section 10 that the procedures and presumptions of this Agreement are not valid, binding and
    enforceable and shall stipulate in any such court or before any such arbitrator that the Company is bound by all the provisions
    of this Agreement.

   

  
  
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  (e)          Notwithstanding
    anything in this Agreement to the contrary, no determination as to entitlement of Indemnitee to indemnification under this Agreement
    shall be required to be made prior to the final disposition of the Proceeding.

   

  11.         Insurance;
      Subrogation; Other Rights of Recovery, etc.

   

  (a)          The
    Company shall use its reasonable best efforts to purchase and maintain a policy or policies of insurance with reputable insurance
    companies with A.M. Best ratings of “A” or better, providing Indemnitee with coverage for any liability asserted against,
    and incurred by, Indemnitee or on Indemnitee’s behalf by reason of Indemnitee’s Corporate Status, or arising out of
    Indemnitee’s status as such, whether or not the Company would have the power to indemnify Indemnitee against such liability.
    Such insurance policies shall have coverage terms and policy limits at least as favorable to Indemnitee as the insurance coverage
    provided to any other director or officer of the Company. If the Company has such insurance in effect at the time it receives from
    Indemnitee any notice of the commencement of an action, suit, proceeding or other claim, the Company shall give prompt notice of
    the commencement of such action, suit, proceeding or other claim to the insurers and take such other actions in accordance with
    the procedures set forth in the policy as required or appropriate to secure coverage of Indemnitee for such action, suit, proceeding
    or other claim. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of
    Indemnitee, all amounts payable as a result of such action, suit, proceeding or other claim in accordance with the terms of such
    policy. The Company shall continue to provide such insurance coverage to Indemnitee for a period of at least ten (10) years after
    Indemnitee ceases to serve as a director or an officer or in any other Corporate Status.

   

  (b)          The
    Company shall not be liable to pay or advance to Indemnitee any amounts otherwise indemnifiable under this Agreement or under any
    other indemnification agreement if and to the extent that Indemnitee has otherwise actually received such payment under any insurance
    policy, contract, agreement or otherwise; provided, however, that (i) the Company hereby agrees that it is the indemnitor of first
    resort under this Agreement and under any other indemnification agreement (i.e., its obligations to Indemnitee under this Agreement
    or any other agreement or undertaking to provide advancement and/or indemnification to Indemnitee are primary and any obligation
    of any other entity to provide advancement or indemnification, or any obligation of any insurer of any other entity to provide
    insurance coverage, for the same Expenses, liabilities, judgments, penalties, fines and amounts paid in settlement (including all
    interest, assessments and other charges paid or payable in connection with or in respect of such Expenses, liabilities, judgments,
    penalties, fines and amounts paid in settlement) incurred by Indemnitee are secondary), and (ii) if any other entity pays or causes
    to be paid, for any reason, any amounts otherwise indemnifiable hereunder or under any other indemnification agreement (whether
    pursuant to contract, bylaws or charter) with Indemnitee in connection with Indemnitee’s service to the Company, then (x)
    such other entity shall be fully subrogated to all rights of Indemnitee with respect to such payment and (y) the Company shall
    fully indemnify, reimburse and hold harmless such other entity for all such payments actually made by such other entity.

   

  
  
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  (c)          Except
    as provided in Section 11(b) of this Agreement, the rights to indemnification and advancement of Expenses as provided by
    this Agreement shall not be deemed exclusive of any other rights to which Indemnitee may at any time, whenever conferred or arising,
    be entitled under applicable law, under the Certificate of Incorporation or Bylaws, or under any other agreement, or otherwise.
    Indemnitee’s rights under this Agreement are present contractual rights that fully vest upon Indemnitee’s first service
    as a director or an officer of the Company. The Parties hereby agree that Section 11(b) of this Agreement shall be deemed
    exclusive and shall be deemed to modify, amend and clarify any right to indemnification or advancement provided to Indemnitee under
    any other contract, agreement or document with the Company.

   

  (d)          No
    amendment, alteration or repeal of this Agreement or of any provision hereof shall limit or restrict any right of Indemnitee under
    this Agreement in respect of any action taken or omitted by such Indemnitee in Indemnitee’s Corporate Status prior to such
    amendment, alteration or repeal. To the extent that a change in the General Corporation Law of the State of Delaware (or other
    applicable law), whether by statute or judicial decision, permits greater indemnification or advancement of Expenses than would
    be afforded currently under the Certificate of Incorporation or Bylaws and this Agreement, it is the intent of the parties hereto
    that Indemnitee enjoy by this Agreement the greater benefits so afforded by such change. The assertion or employment of any right
    or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other right or remedy.

   

  12.         Employment
      Rights; Successors; Third Party Beneficiaries.

   

  (a)          This
    Agreement shall not be deemed an employment contract between the Company and Indemnitee. This Agreement shall continue in force
    as provided above after Indemnitee has ceased to serve as a director and/or an officer of the Company or any other Corporate Status.

   

  (b)          This
    Agreement shall be binding upon the Company and its successors and assigns and shall inure to the benefit of Indemnitee and Indemnitee’s
    heirs, executors and administrators. If the Company or any of its successors or assigns shall (i) consolidate with or merge into
    any other corporation or entity and shall not be the continuing or surviving corporation or entity of such consolidation or merger
    or (ii) transfer all or substantially all of its properties and assets to any individual, corporation or other entity, then, and
    in each such case, proper provisions shall be made so that the successors and assigns of the Company shall assume all of the obligations
    set forth in this Agreement.

   

  13.         Severability.
    If any provision or provisions of this Agreement shall be held to be invalid, illegal or unenforceable for any reason whatsoever:
    (a) the validity, legality and enforceability of the remaining provisions of this Agreement (including without limitation, each
    portion of any section of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that is not
    itself invalid, illegal or unenforceable) shall not in any way be affected or impaired thereby; (b) such provision or provisions
    shall be deemed reformed to the extent necessary to conform to applicable law and to give the maximum effect to the intent of the
    parties hereto; and (c) to the fullest extent possible, the provisions of this Agreement (including, without limitation, each portion
    of any section of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that is not itself
    invalid, illegal or unenforceable) shall be construed so as to give effect to the intent manifested thereby.

   

  
  
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  14.         Exception
      to Right of Indemnification or Advancement of Expenses. Notwithstanding any other provision of this Agreement and except as
    provided in Section 7(a) of this Agreement or as may otherwise be agreed by the Company, Indemnitee shall not be entitled
    to indemnification or advancement of Expenses under this Agreement with respect to any Proceeding brought by Indemnitee (other
    than a Proceeding by Indemnitee (i) by way of defense or counterclaim or other similar portion of a Proceeding, (ii) to enforce
    Indemnitee’s rights under this Agreement or (iii) to enforce any other rights of Indemnitee to indemnification, advancement
    or contribution from the Company under any other contract, bylaws or charter or under statute or other law, including any rights
    under Section 145 of the Delaware General Corporation Law), unless the bringing of such Proceeding or making of such claim shall
    have been approved by the Board of Directors of the Company.

   

  15.         Definitions.
    For purposes of this Agreement:

   

  (a)          “Board
      of Directors” means the board of directors of the Company.

   

  (b)          “Bylaws”
    means (i) in the case of the Company, its Bylaws and (ii) in the case of any other entity, its bylaws or similar governing document.

   

  (c)          “Certificate
      of Incorporation” means (i) in the case of the Company, its Amended & Restated Certificate of Incorporation and (ii)
    in the case of any other entity, its certificate of incorporation, articles of incorporation or similar constituting document.

   

  (d)          “Corporate
      Status” describes the status of a person by reason of such person’s past, present or future service as a director,
    officer, general partner, manager, managing member, employee, fiduciary, trustee, or agent of the Company (including, without limitation,
    one who serves at the request of the Company as a director, officer, general partner, manager, managing member, employee, fiduciary,
    trustee or agent of any other entity).

   

  (e)          “Determination”
    means a determination that either (x) there is a reasonable basis for the conclusion that indemnification of Indemnitee is proper
    in the circumstances because Indemnitee met a particular standard of conduct (a “Favorable Determination”) or
    (y) there is no reasonable basis for the conclusion that indemnification of Indemnitee is proper in the circumstances because Indemnitee
    met a particular standard of conduct (an “Adverse Determination”). An Adverse Determination shall include the
    decision that a Determination was required in connection with indemnification and the decision as to the applicable standard of
    conduct.

   

  (f)           “Disinterested
      Director” means a director of the Company who is not and was not a party to the Proceeding in respect of which indemnification
    is sought by Indemnitee and does not otherwise have an interest materially adverse to any interest of the Indemnitee.

   

  
  
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  (g)          “Expenses”
    shall mean all direct and indirect costs, fees and expenses of any type or nature whatsoever and shall specifically include, without
    limitation, all reasonable attorneys’ fees, retainers, court costs, transcript costs, fees and costs of experts, witness
    fees and costs, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees,
    ERISA excise taxes and penalties, and all other disbursements or expenses of the types customarily incurred in connection with
    prosecuting, defending, preparing to prosecute or defend, investigating, being or preparing to be a witness, in, or otherwise participating
    in, a Proceeding or an appeal resulting from a Proceeding, including, but not limited to, the premium for appeal bonds, attachment
    bonds or similar bonds and all interest, assessments and other charges paid or payable in connection with or in respect of any
    such Expenses, and shall also specifically include, without limitation, all reasonable attorneys’ fees and all other expenses
    actually and reasonably incurred by or on behalf of Indemnitee in connection with preparing and submitting any requests or statements
    for indemnification, advancement, contribution or any other right provided by this Agreement. Expenses, however, shall not include
    amounts of judgments or fines against Indemnitee.

   

  (h)          “Independent
      Counsel” means, at any time, any law firm, or a member of a law firm, that (a) is experienced in matters of corporation
    law and (b) is not, at such time, or has not been in the five years prior to such time, retained to represent: (i) the Company
    or Indemnitee in any matter material to either such party (other than with respect to matters concerning Indemnitee under this
    Agreement, or of other indemnities under similar indemnification agreements), or (ii) any other party to the Proceeding giving
    rise to a claim for indemnification hereunder. Notwithstanding the foregoing, the term “Independent Counsel” shall
    not include any person who, under the applicable standards of professional conduct then prevailing, would have a conflict of interest
    in representing either the Company or Indemnitee in an action to determine Indemnitee’s rights under this Agreement. The
    Company agrees to pay the reasonable fees and expenses of the Independent Counsel referred to above and to fully indemnify such
    counsel against any and all Expenses, claims, liabilities and damages arising out of or relating to this Agreement or its engagement
    pursuant hereto and to be jointly and severally liable therefor.

   

  (i)           “Insider
      Letter” means that certain letter agreement, by and among the Company, the Sponsor, HMCO Acquisition, LLC, CAVU Venture
    Partners III, LP, and each of the Company’s executive officers and directors, dated as of December [●], 2020.

   

  (j)           “Proceeding”
    includes any actual, threatened, pending or completed action, suit, arbitration, alternate dispute resolution mechanism, investigation
    (formal or informal), inquiry, administrative hearing or any other actual, threatened, pending or completed proceeding, whether
    brought by or in the right of the Company or otherwise and whether civil, criminal, administrative or investigative in nature,
    in which Indemnitee was, is, may be or will be involved as a party, witness or otherwise, by reason of Indemnitee’s Corporate
    Status or by reason of any action taken by Indemnitee or of any inaction on Indemnitee’s part while acting as director, officer,
    general partner, manager, managing member, employees, fiduciary, trustee or agent of the Company, in each case whether or not he
    is acting or serving in any such capacity or has such status at the time any liability or expense is incurred for which indemnification
    or advancement of Expenses can be provided under this Agreement. If the Indemnitee believes in good faith that a given situation
    may lead to or culminate in the institution of a Proceeding, this shall be considered a Proceeding under this paragraph.

   

  (k)          “Registration
      and Stockholder Rights Agreement” means that Registration and Stockholder Rights Agreement by and among the Company,
    the Sponsor, HMCO Acquisition, LLC, CAVU Venture Partners III, LP and the initial stockholders or other stockholders of the Company
    identified therein, dated as of December [●], 2020.

   

  
  
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  (l)           “Sponsor”
    means HumanCo Acquisition Holdings, LLC.

   

  16.         Construction.
    Whenever required by the context, as used in this Agreement the singular number shall include the plural, the plural shall include
    the singular, and all words herein in any gender shall be deemed to include (as appropriate) all genders.

   

  17.         Reliance.
    The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby
    in order to induce Indemnitee to serve as a director and/or an officer of the Company, and the Company acknowledges that Indemnitee
    is relying upon this Agreement in serving as a director and/or an officer of the Company.

   

  18.         Modification
      and Waiver. No supplement, modification or amendment of this Agreement shall be binding unless executed in a writing identified
    as such by all of the parties hereto. Except as otherwise expressly provided herein, the rights of a party hereunder (including
    the right to enforce the obligations hereunder of the other parties) may be waived only with the written consent of such party,
    and no waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions hereof
    (whether or not similar) nor shall such waiver constitute a continuing waiver.

   

  19.         Notice
      Mechanics. All notices, requests, demands and other communications hereunder shall be in writing and shall be deemed to have
    been duly given if (i) delivered by hand and receipted for by the party to whom said notice or other communication shall have been
    directed, or (ii) mailed by certified or registered mail with postage prepaid, on the third business day after the date on which
    it is so mailed:

   

  (a)          If
    to Indemnitee to:

   

  ______________

  ______________

  Attn:

   

  
  
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            13 - 

  

  
     

  

  
   

  (b)          If
    to the Company, to:

   

  HumanCo Acquisition Corp.

  P.O. Box 90608

  Austin, TX 78709

  Attn: Amy Zipper

  Email: amy@humanco.com

   

  	 	with a copy to:	Ropes & Gray LLP
	 	 	1211 Avenue of the Americas
	 	 	New York, NY 10036
	 	 	Attention: Paul Tropp 
	 	 	Email: paul.tropp@ropesgray.com

   

  or to such other address as may have been furnished (in the manner
    prescribed above) as follows: (a) in the case of a change in address for notices to Indemnitee, furnished by Indemnitee to the
    Company and (b) in the case of a change in address for notices to the Company, furnished by the Company to Indemnitee.

   

  20.         Contribution.
    To the fullest extent permissible under applicable law, if the indemnification provided for in this Agreement is unavailable to
    Indemnitee for any reason whatsoever, the Company, in lieu of indemnifying Indemnitee, shall contribute to the amount incurred
    by Indemnitee, whether for judgments, fines, penalties, excise taxes, amounts paid or to be paid in settlement and/or for reasonably
    incurred Expenses, in connection with any claim relating to an indemnifiable event under this Agreement, in such proportion as
    is deemed fair and reasonable in light of all of the circumstances of such Proceeding in order to reflect (i) the relative benefits
    received by the Company and Indemnitee as a result of the event(s) and/or transaction(s) giving cause to such Proceeding; and/or
    (ii) the relative fault of the Company (and its other directors, officers, employees and agents) and Indemnitee in connection with
    such event(s) and/or transaction(s).

   

  21.         Governing
      Law; Submission to Jurisdiction; Appointment of Agent for Service of Process. This Agreement and the legal relations among
    the parties shall, to the fullest extent permitted by law, be governed by, and construed and enforced in accordance with, the laws
    of the State of Delaware, without regard to its conflict of laws rules. The Company and Indemnitee hereby irrevocably and unconditionally
    (i) agree that any action or proceeding arising out of or in connection with this Agreement shall be brought only in the Court
    of Chancery of the State of Delaware (the “Delaware Court”), and not in any other state or federal court in the United
    States of America or any court in any other country, (ii) consent to submit to the exclusive jurisdiction of the Delaware Court
    for purposes of any action or proceeding arising out of or in connection with this Agreement, (iii) waive any objection to the
    laying of venue of any such action or proceeding in the Delaware Court, and (iv) waive, and agree not to plead or to make, any
    claim that any such action or proceeding brought in the Delaware Court has been brought in an improper or otherwise inconvenient
    forum.

   

  
  
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  22.         Headings.
    The headings of the paragraphs of this Agreement are inserted for convenience only and shall not be deemed to constitute part of
    this Agreement or to affect the construction thereof.

   

  23.         Counterparts.
    This Agreement may be executed in one or more counterparts, each of which shall for all purposes be deemed to be an original but
    all of which together shall constitute one and the same Agreement.

   

  24.         Waiver
      of Claims to Trust Account. Indemnity hereby agrees that it does not have any right, title, interest or claim of any kind (each,
    a “Claim”) in or to any monies in the trust account established in connection with the Company’s initial public
    offering for the benefit of the Company and holders of shares issued in such offering, and hereby waives any Claim it may have
    in the future as a result of, or arising out of, any services provided to the Company and will not seek recourse against such trust
    account for any reason whatsoever.

   

  [Remainder of Page Intentionally Blank]

   

  
  
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            15 - 

  

  
     

  

  
   

  IN WITNESS WHEREOF, the parties hereto have
    executed this Agreement on the day and year first above written.

   

  	Company:	HumanCo Acquisition Corp.
	 	 	 
	 	By:	              
	 	Name:
	 	Title:   

   

  	 	 
	Indemnitee:	Name:

   

  [Signature Page to Indemnification Agreement]form8-kex1012021stipprog

2021 Short Term Incentive Program (STIP)  Plan Provision Terms of the Plan Program Participation  Section 16(b) Officers  All exempt, non-exempt and hourly employees eligible for variable compensation Financial Objectives  Corporate – Adjusted EBITDA, Levered Free Cash Flow  Division – Adjusted EBITDA, Adjusted Cash Flow Non-Financial Objectives  For both Corporate and Divisions includes Safety and Environmental objectives Weighting  Corporate – Adjusted EBITDA (50%); Levered Free Cash Flow (30%); Non-Financial (20%)  Divisions – Adjusted EBITDA (60%); Cash Flow (20%); Non-Financial (20%) Target Setting  Adjusted EBITDA Target set by averaging prior year actual performance and current year budget  Cash Flow Target is equal to current year budget Leverage  Threshold – 75%  Maximum – 125%  No individual award may exceed 200% of target Financial Objectives Payouts  Payout at Threshold is 50%   Payout Below Threshold is Zero   If Adjusted EBITDA is less than Threshold, all financial payouts become discretionary  Payout at Maximum for financial objectives is 160%, based on weighting  Payouts scale down 2.0% for every 1% below target; Scale up 4.0% for every 1% above target  Non-Financial Objectives  Payouts  Payout on achievement of Non-Financial Objectives is independent of performance on Financial Objectives    Payout at 100% achievement of Non-Financial Objectives for Section 16(b) Officers and all other participants  is 20%    CEO/Leadership Team Non-Financial Objectives Results payout will be determined by the Compensation  Committee for Section 16(b) Officers    For all other STIP participants payout on Non-Financial Objectives will be based on performance against  individual objectives aligned with CEO/Leadership Team Non-Financial Objectives, to be reviewed and  approved by Executive Leadership Team  Exhibit 10.1 Page  1 

 

2021 Short Term Incentive Program (STIP) Target Achievement Payout Percentage Total Payout On Financial Targets  after Weighting Below 75%  0% 0% 75%  50% 40% 80%  60% 48% 85%  70% 56% 90%  80% 64% 95%  90% 72% 100% 100% 80% 105% 120% 96% 110% 140% 112% 115% 160% 128% 120% 180% 144% 125% 200% 160% Financial Objectives Payout Scale (Example) Note:  This scale will be applied to each financial objective independently. However, if Adjusted EBITDA is less than Threshold (75% of Target),  then all financial payouts are subject to Compensation Committee discretion.    Page  2

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