Document:

Exhibit 10.5

 

AMENDMENT OF AGREEMENT OF PURCHASE AND SALE

 

This Amending Agreement (this “Amendment”)
dated as of the 1st day of June, 2021 (the "Effective Date"), is entered into

 

	BETWEEN:	ALTERNATIVE MEDICAL SOLUTIONS INC.

(hereinafter referred to as the "Vendor")
	 	 
	AND:	JUST IN TIME CAPITAL INC.
	 	(hereinafter referred to as the "Purchaser")

 

WHEREAS by an agreement of purchase and
sale dated December 22, 2020, between the Vendor, as vendor, and the Purchaser, as purchaser, as amended from time to time (the "Purchase
Agreement"), the Purchaser agreed to purchase from the Vendor all the Vendor's right, title, estate and interest in and to the
land and premises described as the Property in the Purchase Agreement;

 

AND WHEREAS on May 17, 2021, the Purchaser
and the Vendor had agreed to extend the Closing Date (as defined in the Purchase Agreement) to June 4, 2021;

 

AND WHEREAS the parties hereto wish to
amend the Purchase Agreement by further amending the Closing Date (as defined in the Purchase Agreement) on the terms and subject to the
conditions set forth herein;

 

NOW THEREFORE in consideration of the sum
of $10.00, the mutual covenants, terms, and conditions set forth herein, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties agree as follows:

 

1.           
Definitions. In this agreement, except as otherwise set forth herein, capitalized terms used and not defined in this Amendment
shall have the respective meanings given to them in the Purchase Agreement.

 

2.           
Amendments. The Purchase Agreement is amended, as of the Effective Date, as follows:

 

(a)         
The Closing Date of the Purchase Agreement is hereby amended and changed to “30th day of June, 2021”.

 

(b)         
The Purchaser hereby agrees to pay to the Vendor a further deposit in the amount of Fifty Thousand ($50,000.00) dollars
to the Vendor (the "Additional Deposit"), payable to the Deposit Holder (as defined in the Purchase Agreement) on or
by June 4, 2021.

 

(c)          
The Purchaser and Vendor agree that the Deposit and the Additional Deposit (collectively, the "Deposits") shall
be deemed non-refundable, and the Purchaser hereby authorizes the Deposit Holder to release the Deposits to the Vendor, upon receipt
of the Additional Deposit. For clarity, notwithstanding the release of the Deposits by the Deposit Holder to the Vendor, the Deposits
shall be credited to the Purchaser, towards the Purchase Price, on completion of the transaction contemplated in the Purchase Agreement.

 

3.           
No Other Amendments; Time of the Essence. Except as amended in this Amendment, all other terms and conditions of the Purchase
Agreement remain the same and unmodified and in full force and effect, and time continues to be of the essence.

 

 

 

 

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4.           
Successor and Assigns. This Agreement shall be binding upon and shall enure to the benefit of the parties hereto and their
respective successors and assigns.

 

5.           
Counterparts. This Agreement may be executed in counterparts, each of which is deemed an original, but all of which together
are deemed to be one and the same agreement. A signed copy of this Agreement delivered by facsimile, email, or other means of electronic
transmission is deemed to have the same legal effect as delivery of an original signed copy of this Agreement.

 

6.           
Governing Law. All matters arising out of or relating to this Agreement are] governed by and construed in accordance with
the laws of the Province of Ontario, and the federal laws of Canada applicable in that Province.

 

7.           
Entire Agreement. This Amendment constitutes the sole and entire agreement of the parties with respect to the subject matter
contained herein, and supersedes all prior and contemporaneous understandings, agreements, representations, and warranties, both written
and oral, with respect to such subject matter.

 

 

[SIGNATURE PAGE FOLLOWS]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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IN WITNESS WHEREOF, the parties hereto have executed this
Agreement as of the date written above.

 

 

	 	ALTERNATIVE MEDICAL SOLUTIONS INC.
	 	 	 
	 	 	 
	 	Per:	/s/ Dominic Colvin
	 	 	Dominic Colvin
	 	 	President and CEO
	 	 	 
	 	 	I have authority to bind the corporation
	 	 	 
	 	 	 
	 	 	 
	 	JUST IN TIME CAPITAL INC.
	 	 	 
	 	Per:	/s/ Jit Lal Sharma
	 	 	Jit Lal Sharma
	 	 	President
	 	 	 
	 	 	I have authority to bind the corporation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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AGREEMENT OF PURCHASE AND SALE

(595 1ST STREET, HANOVER, ONTARIO)

 

THIS AGREEMENT is dated, for the purposes of reference, the
22nd day of December, 2020

 

	BETWEEN:	ALTERNATIVE MEDICAL SOLUTIONS INC.                        ,
                                      as vendor

                                      (hereinafter referred to as the "Vendor")
	 	 
	AND:	JUST IN TIME CAPITAL INC.                                       ,
             as purchaser
	 	(hereinafter referred to as the "Purchaser")

 

ARTICLE ONE - THE OFFER

 

Section 1.01 The Property. The
Vendor agrees to sell to the Purchaser and the Purchaser agrees to purchase from the Vendor, on the terms and conditions set out in this
Agreement, the lands and premises legally described in Schedule "A" attached hereto together with all chattels and fixtures
located in the building(s) on the property as of the date of this Agreement (the "Property").

 

Section 1.02 The Closing Date.
The closing of the transaction of purchase and sale contemplated by this Agreement (the "Closing") shall take place
on the 28th day of May, 2021 (the "Closing Date").

 

Section 1.03 Possession on Closing.
On the Closing Date, the Vendor shall deliver vacant possession of the Property to the Purchaser on Closing.

 

Section 1.04 Irrevocability. The
offer to purchase the Property under this Agreement shall be irrevocable by the Purchaser until 11:59 PM on the 6th
day of January, 2021, after which time, if not accepted, this offer shall be null and void.

 

ARTICLE TWO - PURCHASE
PRICE

 

Section 2.01 Purchase Price. The
purchase price (the "Purchase Price") for the Property shall be TWO MILLION ($2,000,000.00 CDN) dollars, which
shall be payable as follows:

 

	 	(a) 	Deposit(s):

 

		(i)	The Purchaser shall deliver to the Vendor
                                            the sum of FIFTY THOUSAND ($50,000.00) dollars (the "Deposit"), made payable
                                            to the Vendor's lawyer, in trust (the "Deposit Holder") within FIVE (5)
                                            Days of the Acceptance Date, as an initial deposit.

 

		(ii)	The Deposit Holder shall hold the Deposit in trust on behalf of the parties, as their respective interests
may appear and in accordance with Section 2.02 hereof, pending completion or termination of this Agreement and to be credited to the Purchase
Price payable hereunder to the Vendor on completion of the transaction contemplated in this Agreement.

 

 

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	 	(b)	Balance.
  The Purchaser shall pay the balance of the Purchase Price, subject to Adjustments, to the Vendor on completion of the
  transaction contemplated herein, with funds drawn from the Purchaser's lawyer's trust account in the form of a bank draft, certified
  cheque or wire transfer of immediately available funds using the Large Value Transfer System.

 

Section 2.02 Forfeiture of Deposit. If the transaction
contemplated by this Agreement is not completed by reason of default by the Purchaser, then the Deposit including any interest accrued
thereon become non-refundable, and the Vendor shall be entitled to retain the Deposit together with any interest accrued thereon, without
limiting any other rights and remedies which it may have in law and in equity against the Purchaser. In the event the Purchaser does not
deliver a Waiver Notice, or advises that it will not be doing so ("Non-Waiver Notice") prior to the Due Diligence Date,
provided that the Purchaser is not in default, any Deposit shall be returned in full within five (5) business days after the earlier of:
(i) the Due Diligence Date, (ii) or the date when such Non-Waiver Notice is provided. If the transaction is not completed by reason of
default by the Vendor, the Deposit shall be returned to the Purchaser without limiting any other rights and remedies which it may have
in law and in equity against the Vendor. The Deposit Holder is hereby authorized and directed to pay the Deposit to the Vendor or the
Purchaser, as the case may be, in the circumstances described in this Section 2.02.

 

ARTICLE
THREE - PURCHASER’S CONDITIONS

 

Section 3.01 Purchaser's Conditions.
The obligation of the Purchaser to complete the transaction contemplated by this Agreement on Closing shall be subject to the following
conditions:

 

	 	(a)	Due Diligence Condition. On or before the 14th day of May, 2021
    (the "Due Diligence Date") the
    Purchaser having conducted a site investigation and whatever searches and investigations the Purchaser, in its sole, absolute, subjective
    and unfettered discretion, deems advisable with respect to the Property and all matters relating to the Property, whether by, on
    behalf of, or in connection with, the Purchaser, or any related, associated, affiliated or contracted, persons or partners or representatives,
    including, without limitation, searches, investigations, opinions, proposals, inquiries, planning submissions, letters, emails and
    reports with respect to environmental, geotechnical, conservation limitations, engineering, parking, zoning, developability, marketing,
    feasibility, communications with consultants, city planners, and architects with respect to any proposed development of the Property,
    appraisal reports, architecture drawings or plans, serviceability and economic viability for its intended use of the Property, whether
    in draft or final, (collectively, the "Due Diligence Materials"), and the Purchaser being satisfied, in its sole
    discretion and unfettered discretion with the results of all such matters.

 

If the Purchaser is satisfied, in its
sole, absolute, subjective and unfettered discretion, with the results of its investigations and due diligence review as aforesaid, it
shall deliver written notice (a "Waiver Notice") to the Vendor or its lawyer to this effect on or before the Due Diligence
Date. If no such notice is delivered to the Vendor or its solicitors as aforesaid, the Purchaser shall be deemed to have elected to terminate
this Agreement and the Deposit shall be returned to the Purchaser in accordance with section 2.02.

 

Section 3.02 Vendor's Deliveries. Forthwith
after the Acceptance Date, and in any event not later than three (3) business days thereafter (the "Deliveries Date"), the
Vendor shall deliver to the Purchaser or make available for review by the Purchaser or the Purchaser's representatives, the following,
but only to the extent they are in the possession or control of the Vendor (the "Vendor's Deliveries"):

 

		(a)	any surveys or reference plans pertaining to the Property, draft or final, prepared
by a qualified Ontario land surveyor;

 

		(b)	copies of any engineering reports, audits and studies relating to the soil and
structure of the Property;

 

		(c)	copies of any reports relating to the environmental or physical condition of the Property;

 

		(d)	copies of all existing work orders, notices, directives, or letters of non-compliance
received by the Vendor from any governmental or other authority affecting the Property;

 

 

 

 

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		(e)	any appraisal reports on the Property;

 

		(f)	all authorizations to governmental authorities and all other authorities that the
Purchaser may deem necessary or relevant, acting reasonably, to permit the Purchaser to obtain information from their files with respect
to the Property, including an Authorization and Direction in the forms attached hereto at Schedule "B":

 

		(g)	all relevant information and documentation regarding any and all litigation which,
to the best of the Vendor's knowledge and belief, affect(s) or may affect the Property;

 

		(h)	copies of the current and previous two years' property tax assessment notices for the Property;

 

		(i)	copies of the current and previous two years' final property tax bills for the Property;

 

		(j)	all other material and relevant information which
is in the possession or control of the Vendor pertaining to the ownership, leasing, management, operation, financing or development of
the Property;

 

		(k)	all letters addressed to consultants, city planners, and architects of the Vendor who were previously
involved in the redevelopment of the Property;

 

		(l)	copies of all written service and maintenance contracts and the Vendor's certificate summarizing material
terms or any oral service and maintenance contracts related to the Property, if any; and

 

		(m)	copies of documentation relating to the zoning of the Property.

 

		(n)	Vendor is to supply copy of mortgage payout

 

		(o)	Vendor is to supply Town of Hanover municipal property tax certificate for the
subject property.

 

In the event the Vendor's Deliveries are not
provided to the Purchaser within the time provided for herein, the Conditional Date shall be automatically extended by the number of
days that elapse until the Vendor completes the Vendor's Deliveries.

 

Section
3.03 Reliance Letters, Assignments, Delivery of Due Diligence Materials. Should the Purchaser, at its sole cost and expense,
wish to have finalized or obtain reliance letters or assignments from any third-party consultant that has prepared a report that the
Purchaser has received pursuant to Section 3.02 hereof, the Vendor shall cooperate with the Purchaser in its endeavours to obtain same.
The Purchaser shall pay a reasonable deposit to the Vendor's solicitor, to be credited towards any efforts by or on behalf of the Vendor,
should the Purchaser request such cooperation. Any costs or expenses associated with inquiring about or acquiring any reliance letter
or assignment, including any costs or expenses incurred by the Vendor or the Vendor's solicitor, respecting same, shall be borne by the
Purchaser and shall be paid forthwith upon delivery of an invoice. In the event that this Agreement is terminated or not completed for
any reason other than a default by the Vendor, the Purchaser shall, upon the request of the Vendor, forthwith provide the Vendor with
a list of all Due Diligence Materials, and the Due Diligence Materials themselves in their original form without restriction on their
use or disclosure, and at the request of the Vendor shall assign or cause to be assigned to the Vendor, or as the Vendor may otherwise
direct, all or part of the Due Diligence Materials, provided that in the event an assignment is not permitted the Purchaser shall assist
the Vendor in obtaining, at the Vendor's sole cost and expense, reliance letters from any third party consultant that prepared such material.

 

 

 

 

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Section 3.04 Purchaser's Inspection.
Following the Acceptance Date and prior to the Due Diligence Date, the Purchaser and its employees, contractors and agents may, upon two
(2) days' written notice to the Vendor, enter upon the Property during normal business hours for the purpose of carrying out survey work,
soil tests, engineering tests and any other work or inspection as the Purchaser may consider necessary, including, without limitation,
a Phase I and/or Phase ll Environmental Site Assessment, provided however that the Purchaser shall:

 

		(a)	indemnify
and save harmless the Vendor from and against all costs, expenses, losses, claims, damages and/or liabilities arising from the Purchaser's
inspections and testings of the Property;

 

		(b)	promptly repair any damage resulting from any such inspections and testings;

 

		(c)	fully comply with all laws, by-laws, ordinances, and regulations in connection
with such inspections and testings;

 

		(d)	shall not permit any inspections, investigations or other due diligence activities
that results in liens, judgements or other encumbrances relating to the Property, whether registered or not (including, without limitation,
work orders or deficiency notices), and shall, and its own expense, promptly and fully rectify the matter, including the discharge of
any such liens or encumbrances; and

 

		(e)	promptly following termination of this Agreement for any reason, provide the Vendor
with copies of any inspection reports and studies prepared by third parties in connection with the Purchaser's inspections and due diligence.

 

ARTICLE FOUR - TITLE

 

Section 4.01 Title Search.
The Purchaser shall be allowed until TEN (10) DAYS prior to Closing (the "Requisition Date"), to investigate
the title to the Property, to satisfy itself that the title to the Property and such other property is free and clear of all encumbrances,
and to submit any valid objections to title or encumbrances or requisitions with respect to compliance with work orders, zoning, fire,
health, building and other off-title matters or matters relating to a survey.

 

Section
4.02 Title. Provided that the title to the Property is good and free from all registered restrictions, charges, liens and
encumbrances except as otherwise specifically provided in this Agreement and save and except (a) any registered restrictions or covenants
that run with the land providing that such are complied with; (b) any registered municipal agreements and registered agreements with
publicly regulated utilities providing such have been complied with, or security has been posted to ensure compliance and completion,
as evidenced by a letter from the relevant municipality or regulated utility; (c) any minor easements for the supply of domestic utility
or telephone services to the property or adjacent properties; and (d) any easements for drainage, storm or sanitary sewers, public utility
lines, telephone lines, cable television lines or other services which do not materially affect the use of the property. If within the
time frame referred to in Section 4.01 any valid objection to title or encumbrances to the Property or to any such off-title matters
is made in writing to the Vendor, which the Vendor is unable to remove or satisfy and which the Purchaser will not waive, then, at the
option of the Purchaser, exercisable by written notice within five (5) days of receipt of the Vendor's notice that it is unable to remove
or satisfy the Purchaser's objection (or within ten (10) days of the Purchaser's requisition, if the Vendor has not provided notice that
it is able to remove or satisfy the Purchaser's objection), this Agreement shall, notwithstanding any intermediate acts or negotiations
in respect of such objection or other requisition, be null and void and of no further force or effect whatsoever and the Deposit, together
with all applicable interest, shall be returned to the Purchaser forthwith without penalty or deduction. The Vendor shall use its commercially
reasonable efforts to satisfy all valid objections to title and other requisitions submitted by the Purchaser pursuant to this Section.
Except for any valid objection to title or other requisition so made on or before the Requisition Date, any objection thereafter going
to the root of title and any subsequent title matters, the Purchaser shall be deemed to have accepted the title to the Property.

 

 

 

 

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Section
4.03 Institutional Lender Discharge. In the event that the discharge of any mortgage or charge held by a chartered bank, trust
company, credit union or insurance company which is not to be assumed by the Purchaser on Closing is not available in registerable form
on the Closing Date, the Purchaser agrees to accept the Vendor's solicitor's undertaking to obtain, out of the closing funds, a discharge
of charge/mortgage in registerable form and to register the same within a reasonable period of time after Closing; provided that on or
before Closing, the Vendor shall provide to the Purchaser a mortgage statement prepared by the mortgagee addressed to the Purchaser setting
out the balance required to obtain a discharge, together with a direction executed by the Vendor directing payment to the mortgagee of
the amount required to obtain the discharge out of the balance due on Closing. Any discharge fees in the defeasance of any mortgage not
assumed by the Purchaser, if applicable, shall be the sole cost of the Vendor and shall be paid at the time of discharge.

 

ARTICLE FIVE - REPRESENTATIONS, WARRANTIES AND
COVENANTS

 

Section 5.01 Vendor's Representations.
The Vendor hereby represents and warrants to and in favour of the Purchaser that, to its knowledge, as of the Acceptance Date and as of
the Closing Date:

 

		(a)	the Vendor is the registered owner of the Property and has the full power and authority
to transfer title to the Property to the Purchaser in accordance with the terms of this Agreement;

 

		(b)	the Vendor is not and will
not be at the Closing Date a non-resident of Canada within the meaning of Section 116 of the Income Tax Act (Canada);

 

		(c)	none
of the execution and delivery of this Agreement, the performance of the Vendor's obligations under this Agreement, or the completion of
the transactions contemplated by this Agreement, will result in or constitute a breach of any term or provision of, or constitute a default
under, the articles or by-laws of the Vendor or any agreement or other commitment to which the Vendor is a party;

 

		(d)	if
applicable, the Vendor is a corporation existing and governed by the laws of Ontario and has the necessary authority, power and capacity
to own the Property, to enter into this Agreement and to carry out and deliver the documents and transactions contemplated herein on the
terms and conditions herein contained;

 

		(e)	if
applicable, the Agreement and the obligations of the Vendor hereunder, and the documents and transactions contemplated herein have been
duly and validly authorized by all requisite corporate proceedings;

 

		(f)	the Property is not now and shall not be at the Closing Date subject to any claim
for a lien pursuant to the Construction Act (Ontario) arising as a result of the supply of services or materials to an improvement
of the Property for the Vendor or its contractors or subcontractors;

 

		(g)	there are no material actions, suits or proceedings commenced or pending against
or affecting the Vendor in relation to the Property or the occupancy or use of the Property by the Vendor;

 

		(h)	no notice has been received by the Vendor regarding the Property which remains
outstanding from any governmental or quasi-governmental authority relating to any work order, deficiency or non-compliance with any zoning
by-laws, environmental protection legislation or other regulations;

 

		(i)	neither the Property nor any part of the Property has been expropriated and there
are no existing, or, to the knowledge of the Vendor, contemplated expropriation proceedings or other similar public or private proceedings
affecting the Property or any part of the Property;

 

	 	(j)	to
the best of the Vendor's knowledge and belief, except as otherwise disclosed to the Purchaser, in writing, the Vendor is not aware, after
due inquire, including with its senior management and environmental consultants, of any environmental matters or hazardous substances
affecting the Property;

 

 

 

 

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		(k)	there are no service or maintenance contracts that shall bind the Purchaser after Closing;

 

		(l)	the Property is not and, prior to Closing, shall not be restricted by or subject
to any interest contemplated in the Family Law Act (Ontario); such restrictions/interests shall include, without limitation, designation
of part or all of the Property as a "matrimonial home" thereunder; and

 

		(m)	there are no options to purchase or rights of first refusal to purchase with respect to the Property
or any part thereof that have not expired or been waived.

 

ARTICLE SIX - PLANNING APPLICATIONS

 

Section
6.01 Planning Applications. Following the Acceptance Date, the Purchaser shall be entitled, if it elects to do so in its sole
discretion, to submit to relevant authorities, such applications for site plan approval or rezoning of the Property (including any required
amendments to the Official Plan) that may be required by the Purchaser with respect to the Purchaser's intended residential development
of the Property (collectively, the "Planning Applications"), provided that:

 

		(a)	all costs associated therewith shall be borne by the Purchaser;

 

		(b)	the
Purchaser shall forthwith inform the Vendor of and when each and any of the Planning Applications, including amendments thereto, are made
by the Purchaser and shall forthwith deliver true and complete copies of same to the Vendor;

 

		(c)	the
                                            Purchaser shall indemnify and save harmless the Vendor from all claims or suits brought against
                                            the Vendor in the Vendor's capacity as owner of the Property as a result of the Planning
                                            Applications made by the Purchaser;

 

		(d)	no registrations or encumbrances are made on or in respect of the title of the
Property in connection with or arising out of the Planning Applications made by the Purchaser until Closing has occurred;

 

		(e)	any
acts of the Purchaser as a representative or agent of the Vendor are null and void unless the Vendor has provided written consent; and

 

		(f)	the Vendor must be a recipient of any application or other document or materials,
and any correspondence relating to same, where the Purchaser holds itself out as a representative or agent of the Vendor. The Vendor's
contact information is provided in Section 7.06.

 

Section
6.02 Vendor Cooperation. The Vendor, shall execute any documents necessary to permit the Purchaser to make the Planning Applications
and is willing to authorize the Purchaser to act as its agent in making such applications on its behalf provided that: (i) the Purchaser
is not in default of any term or condition of this Agreement; (ii) the Vendor has provided written consent; and (iii) the Vendor is a
recipient of each application or other document or materials, and any correspondence relating to same. The Purchaser shall be responsible
for all costs relating to the Planning Applications, including the cost of complying with any conditions that are imposed by any relevant
authority in respect to same, and, in the event a Waiver Notice is not provided, or a Non-Waiver Notice is provided, all costs for withdrawal,
termination or removal of any Planning Applications or conditions affecting the property as a result of the Purchaser's efforts, and
which shall be withdrawn, terminated, removed or restored forthwith unless requested otherwise, in writing, by the Vendor. The Purchaser
shall forthwith inform and provide copies of any Due Diligence Materials at the time of their receipt or preparation, including correspondence
or materials relating to any matter for which the Purchaser is acting, or representing itself, as an agent of the Vendor. The Purchaser,
if acting or representing itself as an agent to a third party, shall disclose the name and contact information of the third party to
the Vendor and inform the third party in writing of the provisos in Section 6.01(a) to (f) and 7.06.

 

Section 6.03 Intentionally
Deleted. 

 

 

 

 

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ARTICLE
SEVEN - MISCELLANEOUS

 

Section 7.01 Confidentiality and Non-Disclosure.
The Purchaser acknowledges and agrees:

 

		(a)	that the
information contained in this Agreement, including any documents obtained, received, delivered or produced in relation to this transaction
from the Vendor, and any discussions between the Vendor and the Purchaser regarding the transaction contemplated herein, are strictly
confidential (the "Confidential Information");

 

		(b)	that the Confidential Information received by the Purchaser or its representatives
shall be used only for purposes of discussing and evaluating this transaction and for no other reason;

 

		(c)	that the Confidential Information may not be used by the Purchaser or its representatives
to the detriment of the Vendor;

 

		(d)	that the Purchaser shall take all reasonable steps to safeguard and protect Confidential
Information disclosed by the Vendor from any theft, loss, unauthorized access, unauthorized use or disclosure and accord it at least the
same degree of confidential and proprietary treatment as it gives its own confidential and proprietary information;

 

		(e)	that information contained in Confidential Information that becomes part of the
business records of the Purchaser as a result of notes, e-mail, correspondence and reports prepared by the Purchaser in connection with
the subject discussions, need not be returned or destroyed, provided, however, the above limits on disclosure and use shall nonetheless
fully apply to all such business records;

 

		(f)	that unless otherwise required by law, the Confidential Information received by
the Purchaser shall only be disclosed to those of its representatives or advisors on a need-to-know basis and will notify such representatives
who are provided any of the Confidential Information, or who are involved in such discussions or evaluation, or who may otherwise have
occasion to view, handle, or obtain any Confidential Information, of the terms of this Agreement and their obligation to comply with each
of them;

 

		(g)	not
                                            to disclose any of the Confidential Information to any person, firm or corporation whatsoever
                                            other than to their respective professional advisors and consultants for the purpose of assisting
                                            the Purchaser in considering this transaction. Prior to making such disclosure to
                                            any such advisor, the Purchaser shall inform such person of the confidential nature of the
                                            Confidential Information, shall direct such person to treat the Confidential Information
                                            as being in the strictest confidence and shall require such person to agree to treat the
                                            Confidential Information as such;

 

		(h)	that
the provisions set out in Sections 7.01(a) to (h) herein shall survive this Agreement and shall continue to be binding on the Purchaser
if the transaction contemplated herein is not completed; and

 

		(i)	in the event the transaction contemplated herein is not completed, the Purchaser shall promptly return
all Confidential Information received from the Vendor.

 

Section 7.02 Planning Act. This
Agreement is subject to the express condition that this Agreement is effective only if the provisions of Section 50 of the Planning
Act (Ontario), as amended from time to time, have been complied with.

 

 

 

 

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Section
7.03 Electronic Registration. The parties agree that this transaction will be closed using electronic registration and that
it shall be conducted in accordance with the unamended terms of the Document Registration Agreement in effect on the Acceptance Date
as adopted by the Joint Law Society of Ontario — Ontario Bar Association Committee on Electronic Registration of Title Documents.
The Purchaser agrees to abide by, and to instruct the Purchaser's solicitor to abide by, the closing procedures set forth for electronic
registration in the said Document Registration Agreement.

 

Section 7.04 Vendor's Closing Documents.
On or before closing, subject to the provisions of this Agreement, the Vendor shall execute or cause to be executed and shall deliver
or cause to be delivered to the Purchaser's solicitor the following:

 

		(a)	Transfer of the Property in
favour of the Purchaser with the Planning Act statements by the Vendor and the Vendor's solicitors included;

 

		(b)	The Statement of Adjustments
together with all documentation required to support the calculations contained therein;

 

	 	(c)	A certificate
of an officer of the Vendor confirming:

 

		(i)	the Vendor is not a non-resident of Canada within the meaning of the Income Tax Act (Canada);

 

		(ii)	that the warranties and representations contained in this Agreement are true correct as at the Closing
date; and

 

		(iii)	that the Property has not been used by the Vendor or any officer, director or shareholder as a matrimonial
home as defined in the Family Law Act;

 

	 	(d)	A Bill of Sale
transferring any chattels to the Purchaser;

 

		(e)	An Assignment of all of the Vendor's rights under all warranties
and guarantees relating to the Property, in form and substance satisfactory to the Purchaser, acting reasonably, insofar as such rights
can be assigned, together with the right in favour of the Purchaser to enforce any such unassignable warranties, guarantees or contractual
benefits with any legal proceedings initiated by the Purchaser in the name of the Vendor with respect thereto subject to the Purchaser's
indemnity of the Vendor regarding any legal costs relating to such legal proceedings;

 

		(f)	 A declaration of possession of a senior officer
of the Vendor in a form acceptable to the Purchaser's solicitors, acting reasonably;

 

		(g)	An assignment of any licences or permits required in connection with the operation
of the Property;

 

		(h)	Originals of the Vendor's Deliveries to the extent that they are in the Vendor's
possession;

 

		(i)	An undertaking and agreement with respect to re-adjustments of any item on or omitted
from the Statement of Adjustments and to address any outstanding post-closing matters ("Undertaking Agreement");

 

		(j)	Master keys, pass cards, all key cards and security code and like devices in the
possession and control of the Vendor;

 

		(k)	A bring down certificate with respect to the representations and warranties of the
Vendor set out in Section 5.01 above;

 

 

 

 

    	 	11	 

     

    

 

	 	(l)	An estoppel
certificate from any and all tenants under the Existing Leases;

 

		(m)	Such further deeds, acts, things, certificates and assurances as may be required
in the opinion of the Purchaser's solicitors, acting reasonably, in order to carry out the terms of this Agreement.

 

Section 7.05 Purchaser's
Closing Documents. On or before closing, subject to the provisions of this Agreement, the Purchaser shall execute or cause to
be executed and shall deliver or cause to be delivered to the Vendor's solicitor the following:

 

		(a)	The Purchaser's counterpart of the Undertaking Agreement;

 

		(b)	A certificate of an officer of the beneficial purchaser of the Property and an undertaking
to file all required documents and to make any payments required to be made under the Excise Tax Act (Canada) in respect of the
purchase of the Property, which shall include the Buyer's registration number under the Excise Tax Act (Canada) and indemnity in
favour of the Vendor in respect thereof;

 

		(c)	The
Purchaser's counterpart of the Undertaking Agreement; and

 

		(d)	Such further deeds, acts, things, certificates and assurances as may be required
in the opinion of the Vendor's solicitors, acting reasonably, in order to carry out the terms of this Agreement.

 

All
documentation shall be in form and substance acceptable to the Purchaser and the Vendor, acting reasonably and in good faith, provided
that none of the Closing Documents shall contain covenants, representations or warranties that are in addition to those expressly set
forth in this Agreement.

 

Section 7.06 Notice. Whenever notice is required, it shall
be in writing and shall be either:

 

		(i)	personally delivered;

 

		(ii)	sent by prepaid registered mail or courier; or and

 

		(iii)	transmitted by facsimile or email.

 

Any such notice shall be sent to the intended recipient at its address
as follows:

 

	in the case of the Vendor:	Address:	3600-888, 3rd Street SW
	 	 	Calgary, AB, T2P 5C5
	 	 	Canada
	 	Fax
No.:	 
	 	Email:	ncolvin@cannapharmarx.com
	 	Attention:	Dominic Colvin
	 	 	President and CEO
	 	 	 
	with a copy to (Vendor's solicitor):	Address:	Suite 3810 - 888-3rd street SW,
	 	 	Calgary AB, T2P 5C5
	 	Fax
No.:	 
	 	Email:	elow@cassels.com
	 	Attention:	Evan Low
	 	 	 

 

 

 

    	 	12	 

     

    

 

	in the case of the Purchaser:	Address:	illegible
	 	 	 
	 	Fax
No.:	illegible
	 	Email:	illegible
	 	Attention:	Jit Lal Sharma
	 	 	 
	with a copy to (Purchaser's solicitor):	Address:	106-3410 South Service Road
	 	 	Burlington,
                                            Ontario, L7N 3T2 

	 	Fax
No.:	289-812-1027
	 	Email:	sgill@oakmontlaw.com
	 	Attention:	Sharoon J. Gill

 

Any
party may from time to time change its address by written notice to the other party given in accordance with the provisions of this Section
7.06. Any notice given by personal delivery, registered mail or courier shall be deemed to be received on the date of delivery. Any notice
sent by facsimile or email shall be deemed to be received on transmission. If notice is received on a day which is not a business day,
then such notice shall be deemed to have been received on the next succeeding business day.

 

Section 7.07 Tender. Tender may
be validly and effectively made upon the designated solicitors for the party being tendered upon. Payment must be made or tendered by
cash or by certified cheque drawn on any Canadian chartered bank or trust company.

 

Section 7.08 Time of the Essence.
The parties expressly declare that time shall be of the essence in all respects hereof except as expressly provided otherwise.

 

Section
7.09 Headings. The headings in this Agreement are inserted for convenience and identification only and are in no way intended
to describe, interpret, define or limit the scope, extent or intent of this Agreement or any provisions hereof.

 

Section 7.10 Assignment. The
Purchaser shall have the right, in its sole and absolute discretion, at any time prior to Closing, to assign this Agreement and all benefits
contained herein to any person, corporation, limited partnership, partnership or any other entity, whether or not presently in existence,
without prior notice to the Vendor. Upon the assignment of this Agreement, the Purchaser herein named shall stand released from all further
liability hereunder and shall have no further obligations, duties or responsibilities with respect to this Agreement.

 

Section 7.11 Binding. All of
the covenants and agreements contained in this Agreement shall be binding upon the parties hereto and their respective heirs, executors,
administrators, successors and permitted assigns and shall enure to the benefit of and be enforceable by the parties and their respective
heirs, executors, administrators, successors and permitted assigns pursuant to the terms and conditions of this Agreement.

 

Section 7.12 Entire Agreement.
This Agreement, together with any agreements, instruments, certificates and other documents contemplated to be executed and delivered
pursuant to this Agreement, constitutes the entire agreement between the parties and, except as stated in this Agreement or in the agreements,
instruments, certificates and other documents to be executed and delivered pursuant to this Agreement, contains all of the representations,
undertakings and agreements of the parties. This Agreement supersedes all prior negotiations, discussions or agreements between the parties,
whether written or verbal. There are no representations, warranties, agreements or inducements in connection with this Agreement or this
transaction, except as set forth in this Agreement including the Schedules hereto.

 

Section
7.13 Gender. This Agreement of Purchase and Sale and its acceptance shall be read with all changes of gender or number as
required by the context hereof.

 

 

 

 

    	 	13	 

     

    

 

Section
7.14 Adjustments.

 

		(a)	Save
as otherwise expressly provided for herein, the adjustments (the "Adjustments") shall include all operating costs, realty
taxes, local improvements rates and charges, water and assessment rates, current rents (but specifically excluding arrears), utility
deposits (including replacement letters of credit or letters of guarantee therefor), and other adjustments established by the usual practice
for the purchase. and sale of similar property. In addition, the Adjustments shall include the other matters referred to in this Agreement,
which are stated to be the subject of adjustment and shall exclude the other matters in this Agreement, which are stated not to be the
subject of adjustment. The Vendor shall deliver to the Purchaser at least five (5) Business Days prior to the Closing Date a draft Statement
of Adjustment.

 

		(b)	Adjustments shall be made as of the Closing Date. From and after the Closing Date,
the Purchaser shall be responsible for (expect as otherwise provided in this Agreement) all expenses and shall be entitled to all income
from the Property. The Vendor shall be responsible for all expenses and entitled to all income from the Property for that period ending
on the day prior to the Closing Date. Arrears of rent as of the Closing Date are the responsibility of and are to be collected by the
Vendor and Adjustments shall be made without reference to arrears.

 

		(c)	 If
any item subject to adjustment cannot be determined on Closing, an estimate shall be made for purposes of Closing and a final adjustment
shall be made when the particular item can be determined which in any event shall not be later than six (6) months following the Closing
Date.

 

Section
7.16 Items to be Paid by the Vendor. The Vendor and the Purchaser hereby acknowledge and agree that the Vendor shall
pay and be responsible and liable for the following amounts, to the extent such amounts are payable prior to the Closing Date:

 

		(a)	any outstanding real estate or leasing commissions payable in connection with the Existing Leases;

 

		(b)	any tenant inducements or tenant allowances;

 

		(e)	realty taxes incurred or arising in respect of or for the period prior to the Closing Date; and

 

		(d)	all other costs and expenses that the Vendor would be required to pay as the owner of the Property and
as landlord.

 

Section
7.16 HST. No harmonized sales tax ("HST")
shall be paid by the Purchaser to the Vendor with respect to the purchase by the Purchaser of the Property provided that the
Purchaser provides to the Vendor on or prior to the Closing Date a certificate of the Purchaser, in the form provided by the Vendor, containing,
among other things, the Purchaser's registration number for the
purposes of GSTIHST imposed under the Excise Tax Act. In the event that the Purchaser is not so registered, it shall pay to
the Vendor on the Closing Date, HST in addition to the Purchase Price.

 

Section
7.17 Insurance. All buildings on the property and all other things being purchased shall be and remain until Closing
at the risk of Vendor. Pending Closing, the Vendor
shall hold all insurance policies, if any, and the proceeds thereof in trust for the parties as their interests may appear and in the
event of substantial damage, the Purchaser may either terminate this Agreement and have all monies paid returned without interest or deduction
or else take the proceeds of any insurance and complete the purchase. No insurance shall be transferred on completion.

 

Section
7.18 Electronic Counterpart. This Agreement may be executed electronically and in any number of counterparts, each of
which counterparts so executed shall be deemed to be an original and all of which taken together shall be deemed to constitute one and
the same instrument.

 

Section
7.19 Business Day. A Business Day means a day in the week other than a Saturday, Sunday or any other day which is a
statutory holiday in the Province of Ontario. if any date referred to in this Agreement falls on a day that is not a Business Day, it
shall be deemed to be the next Business Day following such date.

 

 

 

 

    	 	14	 

     

    

 

Section
7.20 Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the Province of
Ontario and the laws of Canada applicable therein.

 

Section
7.21 Severability. If any provision contained in this Agreement other than a provision respecting an obligation
that forms a material part of the consideration for this Agreement, or the application to any person or circumstance of such a
provision shall, to any extent, be invalid or unenforceable,
the remainder of this Agreement or the application of such provision to persons or circumstances other than those to which it is
held invalid or unenforceable, shall not be affected, and each provision of this Agreement shall be separately valid and enforceable
to the fullest extent permitted by law.

 

Section 7.22 Non-merger.
Unless specifically stated otherwise, the covenants, representations, warranties and indemnities set forth in this Agreement shall not
merge in, but be deemed to apply to, all assignments, conveyances, transfers and other documents conveying the Property to the Purchaser
or otherwise provided with respect to the transactions herein, despite the actual terms of such agreements, notwithstanding any rule of
law, equity or statute to the contrary, and all such rules are hereby waived.

 

Section
7.23 Schedules. The following Schedules attached hereto form part of this Agreement:

 

Schedule "A" — The Property

Schedule "B" — Authorization and Direction

Schedule “C” — Right to Show

Schedule “D” — Seller’s
condition

 

[SIGNATURES ON FOLLOWING PAGE]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	15	 

     

    

 

IN WITNESS WHEREOF, the Purchaser has executed this Agreement this
22nd day of December, 2020.

 

	 	JUST IN TIME CAPITAL INC.
	 	 	 
	 	Per:	/s/ signature illegible
	 	 	Name: 
	 	 	Title:
	 	 	 
	 	 	I have authority to bind the corporation

 

IN WITNESS WHEREOF, the Purchaser has executed this Agreement this
6th day of January, 2021.

 

	 	ALTERNATIVE MEDICAL SOLUTIONS INC.
	 	 	 
	 	 	 
	 	Per:	/s/ Dominic Colvin
	 	 	Name: Dominic Colvin
	 	 	Title: President and CEO
	 	 	 
	 	 	I have authority to bind the corporation
	 	 	 
	 	 	 

 

 

	 	JUST IN TIME CAPITAL INC.
	 	 	 
	 	Per:	/s/ signature illegible
	 	 	Name: 
	 	 	Title:
	 	 	 
	 	 	I have authority to bind the corporation

 

CONFIRMATION
OF ACCEPTANCE: Notwithstanding anything contained herein to the contrary, the undersigned confirm this Agreement with all its changes
both typed and written was finally accepted by all parties the ______ day of ___________, 20___ (the “Acceptance Date”).

 

 

	ALTERNATIVE MEDICAL SOLUTIONS INC.	 	JUST IN TIME CAPITAL INC.
	 	 	 	 	 
	 	 	 	 	 
	Per:	/s/ Dominic Colvin	 	Per:	/s/ signature illegible
	 	  Name: Dominic Colvin	 	 	   Name: 
	 	  Title: President and CEO	 	 	   Title: 
	 	 	 	 	 
	 	I have authority to bind the corporation	 	 	I have authority to bind the corporation

 

 

 

 

    	 	16	 

     

    

 

SCHEDULE
“A”

 

THE
PROPERTY

 

	
 

 

 

	THE PROPERTY	 	 
	Legal Description	 	PT LT 7 CON 2 SDR BENTINCK PTS 2 AND 3 16R10457; TOWN OF HANOVER
	PIN No.	 	37211-0962
	Municipal Address	 	595 1st Street Hanover, Ontario

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	17	 

     

    

 

SCHEDULE
“B”

 

AUTHORIZATION AND DIRECTION 

 

	TO:	All Governmental, Quasi-Governmental
and Other Agencies having jurisdiction over the Property

 

	RE:	JUST IN TIME CAPITAL INC. (the "Purchaser") purchase from ALTERNATIVE MEDICAL SOLUTIONS
INC. (the "Owner")

 

	Municipal Address:	595 1st Street, Hanover, Ontario
                                            (the "Property")
	 	 
	Legal Description:	PT LT 7 CON 2 SDR BENTINCK PTS 2 and 3 16R10457; TOWN OF HANOVER
	 	 
	PIN No.:	37211-0962

 

THE
OWNER hereby authorizes and directs you to release true copies of any information in your files with respect to the Property
including results of past inspection visits and copies of any deficiency notices, to the Purchaser, or its solicitors
_____________________________

 

AND
FOR SO DOING a signed facsimile or other copy of this Authorization
and Direction shall be your good and sufficient authority. Please note that this Authorization and Direction does not authorize nor permit
any inspection of the Property.

 

THIS AUTHORIZATION is not a request for, and shall not
authorize, any inspection of the Property.

 

ANY ADDRESSEE may rely on an executed copy of this Authorization
and Direction delivered by electronic transmission, including via facsimile or internet transmission, as if such executed copy were an
original document.

 

DATED thisday of___________________ 20_____

 

ALTERNATIVE MEDICAL SOLUTIONS INC.

 

 

 

Per: _____________________________________

       Name:

       Title:

 

       I have authority to bind the corporation

 

 

 

 

 

 

    	 	18	 

     

    

 

SCHEDULE “C”

 

This Schedule
is attached to and forms part of the Agreement of Purchase and Sale dated December 22, 2020 (the "Purchase Agreement"),

 

	BETWEEN:	ALTERNATIVE MEDICAL SOLUTIONS INC.                        ,
                                      as vendor

                                      (hereinafter referred to as the "Vendor")
	 	 
	AND:	JUST IN TIME CAPITAL INC.                                       ,
             as purchaser
	 	(hereinafter referred to as the "Purchaser")

 

for the purchase and sale of 595 1st Street,
Hanover, Ontario (the "Property")

 

 

All
capitalized terms used herein shall bear the same meaning as prescribed to them in the Purchase Agreement, unless otherwise defined
herein.

 

	1. 	RIGHT TO
  SHOW. The Vendor hereby agrees that after the acceptance date the Purchaser shall be permitted (i) to
advertise or list for lease the Property, or any part thereof; (ii) to show the Property to prospective tenants; (Hi) and to permit anyone
having written authority of the Purchaser to view the Property at reasonable hours, provided, that any lease agreement(s) that the Purchaser
may enter into with such prospective tenants shall be conditional upon the completion of the transaction contemplated in the Purchase
Agreement.

 

SIGNED
the 22nd day of December, 2020

 

 

	ALTERNATIVE MEDICAL SOLUTIONS INC.	 	JUST IN TIME CAPITAL INC.
	 	 	 	 	 
	 	 	 	 	 
	Per:	/s/  Jit Lal Sharma	 	Per:	 
	 	  Name: Jit Lal Sharma	 	 	   Name: 
	 	  Title: President	 	 	   Title: 
	 	 	 	 	 
	 	I have authority to bind the corporation	 	 	I have authority to bind the corporation

 

 

    	 	19	 

     

    

 

 

 

    	 	20EX-10.1

 Exhibit 10.1 

Execution Version 

CONTRIBUTION AND EXCHANGE AGREEMENT 

This Contribution and Exchange Agreement, dated as of June ___, 2021 (this “Agreement”), is entered into by and among Wallbox
B.V., a private company with limited liability incorporated under the Laws of the Netherlands (besloten vennootschap met beperkte aansprakelijkheid), having its official seat in Amsterdam, the Netherlands (“Holdco”) (it being
understood that prior to the Exchange Effective Time, the legal form of Holdco will be changed into a public limited liability company (naamloze vennootschap)), Wallbox Chargers, S.L., a Spanish limited liability company (sociedad
limitada) (the “Company”), the holders of the Company Ordinary Shares and the holders of the Company Convertible Notes (each such holder, a “Company Shareholder” and collectively, the “Company
Shareholders”). Capitalized terms used but not defined in this Agreement have the meanings assigned to them in the business combination agreement dated as of the date of this Agreement (as it may be amended from time to time, the
“BCA”) among Holdco, the Company, Orion Merger Sub Corp., a Delaware corporation and wholly owned subsidiary of Holdco, and Kensington Capital Acquisition Corp. II, a Delaware corporation (“Kensington”). 

WHEREAS, Holdco, the Company, Merger Sub and Kensington are concurrently herewith entering into the BCA; 

WHEREAS, each Company Shareholder holds Class A shares of the Company, par value €0.50 per share and/or Class B shares of the
Company, par value €0.50 per share (together, the “Company Ordinary Shares”), or Company Convertible Notes, or both; 

WHEREAS, the BCA contemplates that on the date to be determined by the board of directors of the Company, which date will be after execution
of the BCA and prior to the Convert Exchange (such date, the “Conversion Date”), each Company Convertible Noteholder will convert its Company Convertible Notes in exchange for the issuance of Company Ordinary Shares to be subscribed
for by such Company Convertible Noteholder pursuant to the terms of the note purchase agreements related to such Company Convertible Notes (by means of a share capital increase by compensation of credit rights, the “Capital
Increase”), upon which any such Company Convertible Noteholder will be deemed to be for all purposes hereunder as holder of Company Ordinary Shares (the “Notes Conversion”); 

WHEREAS, the Conversion Date will be set so as to ensure that the Capital Increase at the Company is fully recorded at the Company’s
Commercial Registry prior to Closing Date in accordance with section 34 of the Spanish Corporations Act (“Ley de Sociedades de Capital”); 

WHEREAS, the BCA contemplates that, on the Closing Date effective as of the Exchange Effective Time, each holder of Company Ordinary Shares
(including the Company Ordinary Shares issued upon the Notes Conversion) will contribute its Company Ordinary Shares to Holdco in exchange for the issuance by Holdco of Holdco Ordinary A Shares and/or Holdco Ordinary B Shares (collectively, the
“Exchanges”); 

 WHEREAS, each Company Shareholder wishes to make an
in-kind contribution (collective, the “Contributions”) of all of its Company Ordinary Shares (collectively, the “Contributed Shares”) to Holdco against the issuance
(collectively, the “Issuances”) by Holdco of new Holdco Ordinary Shares in the numbers, proportions and classes as set forth on Section 3.01(b) of the Company Disclosure Schedule (such schedule, the
“Exchange Schedule” and such newly issued Holdco Ordinary Shares, collectively, the “Issued Shares”) and according to the Exchange Ratio to be determined on the Determination Date (as defined in the BCA), with
effect on the Exchange Effective Time; and 
 WHEREAS, each Company Shareholder wishes to pay for the Issuance of the applicable Issued
Shares by way of a Contribution of the applicable Contributed Shares, which Contribution includes all the rights, commitments and obligations, known or unknown, which can or could be attached thereto in any manner whatsoever. 

NOW THEREFORE, in consideration of the foregoing, the parties hereby agree as follows: 

1.    Consent. Each Company Shareholder and each Company Convertible Noteholder irrevocably consents to the
Exchanges and the Contributions contemplated hereby, and each Company Shareholder irrevocably consents to all the transactions contemplated under the BCA and the Ancillary Agreements (as defined in the BCA) to which such Company Shareholder is a
party. 
 2.    Conversion Undertaking. Each of the Company Convertible Noteholders hereby undertakes that on the
Conversion Date each of them shall carry out all the actions required to carry out the Notes Conversion. For such purposes, each of the Company Shareholders (including the Company Convertible Noteholders) hereby, in order to approve the Notes
Conversion, authorizes and grants powers of attorney to Mr. Enric Asuncion Sousa, so that he may (i) represent each of the Company Shareholders (including the Company Convertible Noteholders) for the purposes of section 183 of the Spanish
Corporations Act; (ii) contribute the Convertible Notes on behalf of each Company Convertible Noteholder; and (iii) sign on behalf of the Company Shareholders (including the Company Convertible Noteholders) as applicable the minutes of the
general shareholders’ meeting of the Company attached hereto as Annex C (the “Minutes of the General Shareholders’ Meeting”). For these purposes the Noteholders undertake to grant a public deed before
Notary Public in favor of Mr. Enric Asuncion Sousa no later than the Business Day immediately preceding the Closing Date. 

Mr. Enric Asuncion Sousa hereby undertakes to carry out all necessary actions to implement actions described under (i), (ii) and
(iii) above and to follow the instructions by the board of directors of the Company to sign the Minutes of the General Shareholders’ Meeting on the Conversion Date, procure their raising to public document status in accordance with the
relevant corporate regulations and file them for the registration at the Commercial Registry the Capital Increase as soon as possible thereafter (the “Conversion Actions”). 

  
 2 

 Furthermore, Mr. Enric Asuncion Sousa hereby undertakes to follow Kensington’s
direct instructions to carry out and implement all of the Conversion Actions if on the date that is 5 days after the date on which the SEC declares effective the registration statement on Form F-4 or a similar
form relating to the business combination under the BCA, any of such Conversion Actions have not been carried out for any reason. 
 The
Company Shareholders (including the Company Convertible Noteholders) hereby acknowledge the commitments assumed by Mr. Enric Asunción Sousa in the two previous paragraphs. Furthermore, the Noteholders and Mr. Enric Asunción
Sousa hereby undertake to make express reference to the commitments assumed by Mr. Enric Asunción in the two previous paragraphs in the public deed to be granted by the Noteholders before Notary Public in relation with the Conversion
Undertaking in favor of Mr. Enric Asuncion Sousa no later than the Business Day immediately preceding the Closing Date. 
 The Exchange
Schedule includes a description and numbering of the Company Ordinary Shares each Company Convertible Noteholder will subscribe for upon the Notes Conversion. 

3.    Contribution and Issuance. 

(a)    The approvals and authorizations required from the relevant corporate bodies of Holdco under the articles of
association and statutory law in respect of the Contributions and the issuances of the Issued Shares shall be obtained by Holdco before the Exchange Effective Time, including the Holdco Shareholder Approval (as defined in the BCA), a resolution of
the board of directors of Holdco for the description of the Contributions and an audit statement concerning the value of the Contributions, all in accordance with article 2:94b of the Dutch Civil Code (Burgelijk Wetboek) (the
“DCC”); 
 (b)    Upon the terms and subject to the conditions set forth in the BCA (including Article
IX thereof) and in accordance with the provisions of Section 2:94b of the DCC, at the Exchange Effective Time, the Contributions shall be contributed to Holdco; 

(c)    The Contributions shall be contributed in full and complete satisfaction of the issuance to the Company
Shareholders of the Issued Shares by Holdco; 
 (d)    Each Company Shareholder and Holdco shall enter into a private
deed of issue governed by the laws of the Netherlands for the issuance of such number of Issued Shares to the respective Company Shareholder, in a form and substance reasonably satisfactory to Kensington (the “Dutch Deed of Issue”);

 (e)    The Issued Shares shall be issued by Holdco to the Company Shareholders in the numbers, proportions and
classes as set forth on the Exchange Schedule and the Company Shareholders shall accept such issuance; 
 (f)    The
Issued Shares shall be issued to the Company Shareholders as fully-paid shares; 

  
 3 

 (g)    Holdco shall register the applicable Issued Shares in the name of
the applicable Company Shareholder in Holdco’s shareholders’ register as at the date of issue; 

(h)    Pursuant to sections 104 and 106 of the Spanish Corporations Act, on the Closing Date effective as of the Exchange
Effective Time, (i) the Company and all Company Shareholders shall grant a public deed before a Spanish Public Notary confirming and ratifying the transfer of the Contributed Shares to HoldCo under the Exchanges by raising to public document
status the Dutch Deed of Issue, (ii) the Company shall grant a public deed declaring the sole shareholder status, and (iii) the Company shall record the transfer of the Company Ordinary Shares in the Shareholders Registry Book
(“Libro Registro de Socios”); and 
 (i)    Each Company Shareholder, prior to the Business Day
immediately preceding the Closing Date, shall grant before a Spanish Notary Public a power of attorney in favor of Mr. Enric Asuncion Sousa (in accordance with the template attached hereto as Annex B, which shall include for the
avoidance of doubt the authority required to carry out the actions set out in Section 6(a) below), so he shall grant, execute and sign the public deed of transfer of Company Ordinary Shares and execute and sign all
necessary public or private documents and carry out all necessary actions to implement the transfer of the Company Ordinary Shares, including any statutory requisite sole shareholder status declaration and UBO notarial deed (such actions
collectively, “Transfer Actions”). 
 4.    Representations and Warranties. Each Company
Shareholder represents and warrants that: 
 (a)    it is the sole lawful owner of the Contributed Shares set forth
opposite such Company Shareholder’s name on Exchange Schedule, and that such Contributed Shares are free and clear of any liens, encumbrances, pre-emption rights or other similar rights and are freely
transferable and/or assignable to Holdco, and are not subject to any third party rights and that any and all necessary consents for transfer that may be required under (A) any shareholder agreement existing between such Company Shareholder and
any other shareholders of the Company or (B) articles of association of the Company, has been complied with or waived; 

(b)    with respect to the Contributed Shares that are acquired as a result of the Notes Conversion and as of the
Conversion Date, it is the sole lawful owner of such Contributed Shares set forth opposite such Company Shareholder’s name on Exchange Schedule, and that such Contributed Shares are free and clear of any liens, encumbrances, pre-emption rights or other similar rights and are freely transferable and/or assignable to Holdco, and are not subject to any third party rights and that any and all necessary consents for transfer that may be
required under (A) any shareholder agreement existing between such Company Shareholder and any other shareholders of the Company or (B) articles of association of the Company, has been complied with or waived; 

(c)    with respect to a Company Shareholder who is also a holder of Company Convertible Notes, it is the sole lawful
owner of the Company Convertible Notes set forth opposite such Company Shareholder’s name on Exchange Schedule, and that such Company 

  
 4 

 
Convertible Notes are, and the Contributed Shares upon the Notes Conversion of such Company Ordinary Shares will be as of the Conversion Date, free and clear of any liens, encumbrances, pre-emption rights or other similar rights and are freely transferable and/or assignable to Holdco, and are not subject to any third party rights and that any and all necessary consents for transfer that may be
required under (A) any shareholder agreement existing between such Company Shareholder and any other shareholders of the Company or (B) articles of association of the Company, has been complied with or waived; 

(d)    such Company Shareholder has all necessary power and authority (or, in the case of any Company Shareholder that is
a natural person, capacity) to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby; 

(e)    the execution and delivery by such Company Shareholder of this Agreement, the performance by such Company
Shareholder of its obligations hereunder and the consummation by such Company Shareholder of the transactions contemplated hereby, have been duly and validly authorized by all necessary corporate, limited liability company, limited partnership, or
other entity action, and no other corporate, limited liability company, limited partnership, or other entity actions on the part of such Company Shareholder are necessary to authorize this Agreement or to consummate the transactions contemplated
hereby; 
 (f)    this Agreement has been duly and validly executed and delivered by such Company Shareholder and,
assuming due authorization, execution and delivery by the Company and Holdco, constitutes a legal, valid and binding obligation of such Company Shareholder, enforceable against such Company Shareholder in accordance with its terms (subject to the
Remedies Exceptions); 
 (g)    its Contribution will not conflict with or violate its organizational or governance
documents, conflict with or violate any Law applicable to such Company Shareholder, or result in any breach of any agreement to which it is a party or otherwise bound; 

(h)    there is no Action pending or threatened in writing against such Company Shareholder or any property or asset of
such Company Shareholder that would prevent, materially delay or materially impede the performance by such Company Shareholder of its obligations under this Agreement; 

(i)    no broker, finder, or investment banker is entitled to any brokerage, finder’s or other fee or commission in
connection with the Contribution by such Company Shareholder based on arrangements made by or on behalf of such Company Shareholder; 

(j)    (i) it is an “accredited investor” as defined in Rule 501 under the U.S. Securities Act of 1933, as
amended (the “Securities Act”) or (ii) it is not a U.S. Person and is acquiring the Issued Shares in offshore transactions outside the U.S. pursuant to the requirements of Rule 904 of Regulation S under the Securities Act
(“Regulation S”) where the terms “offshore transaction,” “U.S.” and “U.S. Person” have the respective meanings given to them in Regulation S; 

  
 5 

 (k)    it has received and reviewed all information such Company
Shareholder considers necessary or advisable in entering into this Agreement; 
 (l)    it is acquiring the Issued
Shares for its own account and not with a view to the distribution thereof in violation of the Securities Act and the rules and regulations of the Securities and Exchange Commission (the “SEC”) promulgated thereunder; and 

(m)    it understands that there are substantial restrictions on the transferability of the Issued Shares and that the
certificates or book-entry positions representing the Issued Shares shall bear a restrictive legend in substantially the following form (and a stop-transfer order may be placed against transfer of such certificates or other instruments): 

THE SECURITIES REPRESENTED BY THIS BOOK-ENTRY POSITION HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND THE RULES AND
REGULATIONS PROMULGATED THEREUNDER (THE “SECURITIES ACT”), OR ANY STATE SECURITIES LAWS, AND NEITHER SUCH SECURITIES NOR ANY INTEREST THEREIN MAY BE OFFERED, SOLD, PLEDGED, ASSIGNED OR OTHERWISE TRANSFERRED UNLESS (1) A REGISTRATION
STATEMENT WITH RESPECT THERETO IS EFFECTIVE UNDER THE SECURITIES ACT AND ANY APPLICABLE STATE SECURITIES LAWS, OR (2) AN EXEMPTION FROM SUCH REGISTRATION EXISTS AND THE COMPANY RECEIVES AN OPINION OF COUNSEL, WHICH COUNSEL AND OPINION ARE
REASONABLY SATISFACTORY TO THE COMPANY, THAT SUCH SECURITIES MAY BE OFFERED, SOLD, PLEDGED, ASSIGNED OR TRANSFERRED IN THE MANNER CONTEMPLATED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR APPLICABLE STATE SECURITIES LAWS
OR (3) SOLD PURSUANT TO RULE 144 UNDER THE SECURITIES ACT. 
 If it is an acquirer in a transaction that occurs outside
the U.S. within the meaning of Regulation S, it acknowledges that until the expiration of the “40-day distribution compliance period” within the meaning of Rule 903 of Regulation S under the
Securities Act, any offer or sale of the Issued Shares shall not be made by you to a U.S. person or for the account or benefit of a U.S. person within the meaning of Rule 902 under the Securities Act, except in accordance with all applicable
securities laws of the states of the U.S. 
 In addition, if it is an “affiliate” (as such term is defined in Rule 12b-2 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) of Holdco, certificates or book-entry positions evidencing the Issued Shares issued to it may bear a customary
“affiliates” legend. 
 5.    Transferability. Each Company Shareholder agrees that, notwithstanding
any rights or privileges that the Company Shareholder may have regarding the ability to Transfer (as defined below) any of its Contributed Shares, Company Convertible Notes or Issued Shares 

  
 6 

 
pursuant to applicable Law, the Company Organizational Documents, the Holdco Organizational Documents or any other agreements or arrangements to which the Company Shareholder is a party, not to
Transfer any of its Contributed Shares, Company Convertible Notes or Issued Shares before the earlier of the Exchange Effective Time or the termination of the BCA in accordance with its terms, which termination (if applicable), shall be confirmed by
the Company to the Company Shareholders at the latest five (5) Business Days following such termination. Each Company Shareholder acknowledges that in addition to the restrictions set forth herein, the Issued Shares may be subject to
additional, legal or contractual restrictions with respect to the transferability of such shares, including but not limited to restrictions under U.S. securities laws and pursuant to the Registration Rights and
Lock-up Agreement. Any Transfer or attempted Transfer of any Contributed Shares, Company Convertible Notes or Issued Shares in violation of this Section 5 shall be null and void and
have no effect towards the Company or Holdco, as the case may be, and the Company and Holdco, as the case may be, shall refuse to record in the shareholders’ register of the Company or Holdco, as the case may be, any Transfer or other
transaction made in respect of such Contributed Shares, Company Convertible Notes or Issued Shares and to recognize in that case any right to third parties in or against the Company or Holdco, as the case may be. 

For purposes of this Section 5, the “Transfer” of any Contributed Share, Company Convertible Note or Issued Share
shall mean the transfer of either or both of the legal and beneficial ownership in such Contributed Share, Company Convertible Note or Issued Share, and/or the grant of an option or right to acquire either or both of the legal and beneficial
ownership in such Contributed Share, Company Convertible Note or Issued Share, and shall include: (i) any direction (by way of renunciation or otherwise) by a person entitled to an allotment or issue of any Contributed Share, Company
Convertible Note or Issued Share, that such Contributed Share, Company Convertible Note or Issued Share be allotted or issued to some other person; (ii) any sale or other disposition of any legal or equitable interest in a Contributed Share,
Company Convertible Note or Issued Share (including any attached voting right) and whether or not by the registered holder thereof and whether or not for consideration or otherwise and whether or not effected by an instrument in writing;
(iii) any grant or creation of a Lien over any Contributed Share, Company Convertible Note or Issued Share; and (iv) any agreement, whether or not subject to any conditions, to do any of the foregoing. 

6.    Power of Attorney. Each Company Shareholder hereby irrevocably instructs, authorizes and empowers any
director of Holdco or any manager of the Company, each of them acting individually, with power of substitution, as such Company Shareholder’s true and lawful agent and
attorney-in-fact, to: 
 (a)    sign and
execute on its behalf the Dutch Deed of Issue, register, in its name and on its behalf, the transfer of such Company Shareholder’s Contribution in the share register of the Company and the issuance of such Company Shareholder’s Issued
Shares in the shareholders’ register of Holdco, and perform any and all publication or registration formalities that may be necessary in relation to such Contribution of the applicable Contributed Shares and such Issuance of the applicable
Issued Shares; 

  
 7 

 (b)    record the nominal amount of the applicable Issued Shares and the
final amount of the applicable share premium of the applicable Issued Shares in the accounts of Holdco as a result of the applicable Exchange; 

(c)    take all actions and do such things on behalf and in the name of such Company Shareholder that are necessary or
desirable for such Company Shareholder to take or to do in order for the Exchanges, or the other Transactions to occur; 

(d)    represent such Company Shareholder at any meeting or any adjourned meeting of the general meeting of shareholders
of the Company or Holdco convened for the purpose of implementing any of the Transactions, waive any convening formalities, vote in the name and on behalf of such Company Shareholder on any resolution submitted to said meeting, sign any documents,
shareholder proxy, written consent or resolutions, delegate under his own responsibility the present proxy to another representative and, in general, do whatever seems appropriate or useful; and 

(e)    agree or amend the form, terms and conditions of, to certify any and all documents as certified true copies and to
make, sign, execute and do, and all such deeds, instruments, share registers, agreements, applications, forms, declarations, confirmations, notices, acknowledgements, letters, certificates, minutes, powers-of-attorney, general assignments, and any other documents relating to and required or desirable to implement the Transactions promising ratification. 

7.    Termination. This Agreement and the obligations of the parties hereunder shall automatically terminate upon
the earliest to occur of (a) the termination of the BCA in accordance with its terms, (b) as to any Company Shareholder, the time of any modification, amendment or waiver of the BCA without such Company Shareholder’s prior written
consent that decreases or changes the form of the Aggregate Exchange Consideration payable to Company Shareholders, and (c) the effective date of a written agreement of the parties hereto terminating this Agreement (the time of termination
pursuant to this Section 7, whether pursuant to subsection (a), (b), or (c), herein referred to as the “Termination Time”). Upon termination of this Agreement, neither party shall have any further
obligations or liabilities under this Agreement; provided, however, that nothing in this Section 7 shall relieve any party of liability for any breach of this Agreement occurring prior to termination. 

 8.    Miscellaneous. 

(a)    Notices. All notices, requests, claims, demands and other communications hereunder shall be in writing and
shall be given (and shall be deemed to have been duly given upon receipt) by delivery in person, by email or by registered or certified mail (postage prepaid, return receipt requested) to the respective parties at the following addresses (or at such
other address for a party as shall be specified in a notice given in accordance with this Section 7(a): 
 if to
the Company: 
 Wallbox Chargers, S.L. 

Carrer del Foc, 68 
 Barcelona,
Spain 08038 
 Attention: Enric Asuncion Sousa 

Email: enric@wallbox.com 

  
 8 

 with a copy to: 

Latham & Watkins LLP 

811 Main Street 
 Suite 3700 

Houston, TX 77002 
 United States

 Attention: Ryan Maierson 

Email: Ryan.Maierson@lw.com 
 and

 Plaza de la Independencia 6 

28001 Madrid 
 Spain 

Attention: José Antonio Sánchez 

Email: Jose.Sanchez@lw.com 
 if
to Holdco: 
 Wallbox B.V. 

Carrer del Foc, 68 
 Barcelona,
Spain 08038 
 Attention: Enric Asuncion Sousa 

Email: enric@wallbox.com 
 with a
copy to: 
 Latham & Watkins LLP 

811 Main Street 
 Suite 3700 

Houston, TX 77002 
 United States

 Attention: Ryan Maierson 

Email: Ryan.Maierson@lw.com 

Plaza de la Independencia 6 

28001 Madrid 
 Spain 

Attention: José Antonio Sánchez 

Email: Jose.Sanchez@lw.com 

  
 9 

 and 

Hughes Hubbard & Reed LLP 

One Battery Park Plaza 
 New York,
NY 10004 
 Attention: Charles A. Samuelson 

Email: chuck.samuelson@hugheshubbard.com 

and, if to a Company Shareholder or Company Convertible Noteholder, to the address or email address set forth for the Company Shareholder or
Company Convertible Noteholder on the signature page hereof. 
 (b)    Severability. If any term or other
provision of this Agreement is invalid, illegal or incapable of being enforced by any rule of law, or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or
legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any party. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties hereto
shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally
contemplated to the fullest extent possible. 
 (c)    Entire Agreement; Assignment. The BCA and the Ancillary
Agreements (including this Agreement) constitute the entire agreement among the parties with respect to the subject matter hereof and supersede, except as set forth in Section 8.03(b) of the BCA concerning the Confidential Agreement between the
Company and Kensington, all prior agreements and undertakings, both written and oral, among the parties, or any of them, with respect to the subject matter hereof. This Agreement shall not be assigned (whether pursuant to a merger, by operation of
law or otherwise), by any Company Shareholder without the prior express written consent of each of the Company, Holdco and Kensington. 

(d)    Parties in Interest. This Agreement shall be binding upon and inure solely to the benefit of each party
hereto, and nothing in this Agreement, express or implied, is intended to or shall confer upon any other person any right, benefit or remedy of any nature whatsoever under or by reason of this Agreement except that Kensington is an intended third
party beneficiary and is entitled to rely on the representations, warranties, covenants and remedies set forth herein as if an original party to this Agreement with rights to enforce this Agreement. 

(e)    Governing Law. This Agreement shall be governed by, and construed in accordance with, the Laws of the State
of Delaware applicable to contracts executed in and to be performed in that State. All Actions arising out of or relating to this Agreement shall be heard and determined exclusively in the Delaware Chancery Court; provided, however,
that if 

  
 10 

 
jurisdiction is not then available in the Delaware Chancery Court, then any such legal Action may be brought in any federal court located in the State of Delaware or any other Delaware state
court. The parties hereto hereby (i) irrevocably submit to the exclusive jurisdiction of the aforesaid courts for themselves and with respect to their respective properties for the purpose of any Action arising out of or relating to this
Agreement brought by any party hereto, and (ii) agree not to commence any Action relating thereto except in the courts described above in Delaware, other than Actions in any court of competent jurisdiction to enforce any judgment, decree or
award rendered by any such court in Delaware as described herein. Each of the parties further agrees that notice as provided herein shall constitute sufficient service of process and the parties further waive any argument that such service is
insufficient. Each of the parties hereby irrevocably and unconditionally waives, and agrees not to assert, by way of motion or as a defense, counterclaim or otherwise, in any Action arising out of or relating to this Agreement or the transactions
contemplated hereby, (A) any claim that it is not personally subject to the jurisdiction of the courts in Delaware as described herein for any reason, (B) that it or its property is exempt or immune from jurisdiction of any such court or
from any legal process commenced in such courts (whether through service of notice, attachment prior to judgment, attachment in aid of execution of judgment, execution of judgment or otherwise) and (C) that (i) the Action in any such court is
brought in an inconvenient forum, (ii) the venue of such Action is improper or (iii) this Agreement, or the subject matter hereof, may not be enforced in or by such courts. 

(f)    WAIVER OF JURY TRIAL. EACH OF THE PARTIES HERETO HEREBY WAIVES TO THE FULLEST EXTENT PERMITTED BY APPLICABLE
LAW ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY WITH RESPECT TO ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. EACH OF THE PARTIES HERETO (I) CERTIFIES THAT
NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THAT FOREGOING WAIVER AND (II) ACKNOWLEDGES THAT IT AND THE OTHER
PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED HEREBY, AS APPLICABLE, BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 8(f). 

(g)    Headings. The descriptive headings contained in this Agreement are included for convenience of reference
only and shall not affect in any way the meaning or interpretation of this Agreement. The parties have participated jointly in the negotiation and drafting of this Agreement. If any ambiguity or question of intent arises, this Agreement will be
construed as if drafted jointly by the parties and no presumption or burden of proof will arise favoring or disfavoring any party because of the authorship of any provision of this Agreement. Unless the context of this Agreement clearly requires
otherwise, use of the masculine gender shall include the feminine and neutral genders and vice versa, and the definitions of terms contained in this Agreement are applicable to the singular as well as the plural forms of such terms. The words
“includes” or “including” shall mean “including without limitation.” The 

  
 11 

 
words “hereof,” “hereby,” “herein,” “hereunder” and similar terms in this Agreement shall refer to this Agreement as a whole and not any particular section
or article in which such words appear, the word “extent” in the phrase “to the extent” shall mean the degree to which a subject or other thing extends and such phrase shall not mean simply “if.” Defined terms used
herein but not otherwise defined herein shall have the meanings ascribed to such terms in the BCA. 

(h)    Counterparts. This Agreement may be executed and delivered (including by facsimile or portable document
format (pdf) transmission) in one or more counterparts, and by the different parties hereto in separate counterparts, each of which when executed shall be deemed to be an original but all of which taken together shall constitute one and the same
agreement. 
 (i)    Specific Performance. The parties hereto agree that irreparable damage would occur in the
event any provision of this Agreement was not performed in accordance with the terms hereof and, accordingly, that the parties hereto and Kensington shall be entitled to an injunction or injunctions to prevent breaches of this Agreement or to
enforce specifically the performance of the terms and provisions hereof in the Court of Chancery of the State of Delaware or, if that court does not have jurisdiction, any court of the United States located in the State of Delaware without proof of
actual damages or otherwise, in addition to any other remedy to which they are entitled at law or in equity as expressly permitted in this Agreement. Each of the parties hereby further waives (i) any defense in any action for specific
performance that a remedy at law would be adequate and (ii) any requirement under any Law to post security or a bond as a prerequisite to obtaining equitable relief. 

(j)    Expenses. Except as set forth in this Section 7(j) or elsewhere in this Agreement,
all costs and expenses incurred in connection with this Agreement and the transactions contemplated hereby shall be paid by the party incurring such costs and expenses, whether or not the transactions contemplated hereby are consummated. 

(k)    Amendment. This Agreement may be amended in writing by the parties hereto with Kensington’s prior
written consent at any time prior to the Exchange Effective Time. This Agreement may not be amended except by an instrument in writing signed by each of the parties hereto. This Amendment may not be amended without Kensington’s prior written
consent. 
 (l)    Further Action. At the request of the Company or Holdco, and without further consideration,
each Company Shareholder shall execute and deliver or cause to be executed and delivered such additional documents and instruments and take such further action as may be reasonably necessary to consummate the transactions contemplated by this
Agreement 
 [Signature pages follow] 

  
 12 

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

			
	WALLBOX B.V.
		
	By:	 	  

	 Print
 Name:
	 	
		
	Title:	 	  

	
	WALLBOX CHARGERS, S.L.
		
	By:	 	  

	 Print
 Name:
	 	
		
	Title:	 	  

 [Signature Page to Contribution and Exchange Agreement] 

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

			
	[Name of Company Shareholder]
		
	By:	 	  

	 Print
 Name:
	 	
		
	Title:	 	  

		
	Address:	 	  

		 	  

		
	 Email:
	 	  

 [Signature Page to Contribution and Exchange Agreement] 

 ANNEX B 

 

			
	 SPECIAL POWER OF

ATTORNEY
  

On the [day] day of [month], [year], appeared before me, [name of the notary], Notary Public, resident and officiating in
[country of the notary].
	  	 PODER ESPECIAL
  

El día [day, month and year] comparece ante mí, [name of the notary], Notario Público con residencia y ejercicio en
[country of the notary].

		
	[Mr./Mrs.] [appearer’s name], of legal age, of [country of the appearer] nationality, domiciled at [domicile of the appearer] born in [city, country] on [month day, year] and
holder of [valid passport number [passport number]/ valid Spanish ID number [Spanish ID number]], (hereinafter, the “Appearer”).	  	[D./D.a] [appearer’s name], mayor de edad, de nacionalidad [country of the appearer], con domicilio en [domicile of the appearer] nacido en [city, country], en fecha [day, month and year]
y provisto de [pasaporte número [passport number], vigente /DNI número [Spanish ID number], vigente] (en adelante, el “Compareciente”).
		
	[He/She] is acting in [his/her] capacity of [position] and in representation of the company [company name], a company duly organized and incorporated under the laws of [country of the company], with registered
office in [registered office of the company], registered with the Commercial Registry of [place of the Commercial Registry] under number [company’s number] (hereinafter [company name] will be
referred to as the “Grantor”)1.	  	Actúa en su calidad de [position] y representante apoderado de la sociedad [company name], debidamente constituida y existente de conformidad con las leyes vigentes en [country of the company], con
domicilio social en [registered office of the company], e inscrita en el Registro Mercantil de [place of the Commercial Registry], bajo el no [company’s number] (en adelante [company name] se refiere como el
“Otorgante”).

  

	1 	 Note to draft: these paragraphs should be adapted if the shareholder is a natural person.

			
	I, Notary Public, certify that the Appearer has presented to me conclusive evidence of the existence of the Grantor, its identification details (specifically, its name, legal form, registered office and corporate purpose) and
[his/her] appointment as empowered representative, and that the subject matter of the powers being granted in this power of attorney is included within the corporate purpose of the Grantor.	  	Yo, el Notario, certifico que el Compareciente ha aportado pruebas concluyentes de la existencia del Otorgante, de sus datos de identificación (en especial, denominación, forma jurídica, domicilio y objeto
social) y de su nombramiento como representante apoderado, y que el objeto del presente apoderamiento está incluido en el objeto social del Otorgante.
		
	The Appearer declares that the powers on the basis of which [he/she] appears have not been revoked, suspended or limited and that the circumstances of the Grantor have not changed.	  	El Compareciente declara que las facultades en base a las que otorga el presente poder no han sido revocadas, suspendidas o limitadas, y que las circunstancias del Otorgante no han cambiado.
		
	 On the basis of the above, the Appearer has, in my opinion as Notary Public, the required legal capacity to execute the present power of
attorney on behalf of the Grantor.
  
 Therefore, the Grantor,
	  	 En vista de lo anterior, el Compareciente tiene, a mi juicio, la capacidad legal suficiente para el otorgamiento del presente poder en nombre
y representación del Otorgante.
  
 En consecuencia, el Otorgante,

			
	 GRANTS:
  

A special power of attorney, as broad and sufficient as may be necessary in Law, in favor of

 
 •   [Mr./Mrs.] [any
person you may consider appropriate, including full name, domicile, nationality and passport number]; and
  

•   [D./D.a] [any person you may consider appropriate, including full name, domicile,
nationality and passport number];
  
	  	 OTORGA:
  

Un poder especial, tan amplio y suficiente como en Derecho sea menester, a favor de
  

•   [D./D.a] [any person you may consider appropriate, including full name, domicile,
nationality and passport number]; y
  

•   [D./D.a] [any person you may consider appropriate, including full name, domicile,
nationality and passport number];

		
	 so that any of them, jointly and severally (“solidariamente”), with [his/her] own signature, in the name and
on behalf of the Grantor, may exercise all and any of the following faculties, without limitations:
  

a.- To grant and sign, execute, ratify and, if applicable, formalize before a Spanish Notary Public of his or her choice, any public or private document for
the purposes of confirming, ratifying and implementing the contribution of [number of shares contributed] shares of Class [A/B], numbered from [first number] to [last number], representing [% of share capital] of the
share capital of WALLBOX CHARGERS, S.L., a Spanish company with tax identification number (NIF) B-88015649, to
	  	 para que, cualquiera de ellos, de forma indistinta y solidaria pueda, por cuenta del Otorgante y en su nombre y representación,
ejercer todas y cada una de las siguientes facultades, sin limitaciones:
  
 a.-
Otorgar y firmar, suscribir, ratificar y, en su caso, formalizar ante Notario español de su elección, cualesquiera documentos públicos o privados a los efectos de confirmar, ratificar y perfeccionar la aportación de
[number of shares contributed] participaciones sociales de Clase [A/B], numeradas de la [first number] a la [last number], representativas del [% of share capital] del capital social de WALLBOX CHARGERS, S.L.,
sociedad de nacionalidad española con NIF B-88015649, 

			
	[HoldCo], a Dutch company against the issuance of its shares pursuant to the Contribution and Exchange Agreement, entered into on [date], all this in the terms and conditions the representative may consider necessary or
convenient.	  	realizada en favor de [HoldCo], sociedad de nacionalidad holandesa de la que recibirá acciones como contraprestación en virtud del Contrato de Contribución y Canje (Contribution and Exchange
Agreement), suscrito en fecha [date], todo ello en los términos y condiciones que el representante considere necesarios o convenientes.
		
	b.- To carry out as many actions as may be required or convenient for the effective transfer of shares foreseen in paragraph a) above.	  	b.- Realizar cuantos actos sean necesarios o convenientes para la efectiva transmisión de participaciones contemplada en la facultad a) anterior.
		
	c.- To carry out any other lawful acts and to grant whichever public or private documents, that may be necessary or convenient for the acceptance, granting, ratification, release, amendment, complementation, rectification, or
clarification and, if necessary, enforcement of the documents referred to in the previous paragraphs, until the total contribution of the abovementioned shares.	  	c. Llevar a cabo cualesquiera otros actos legítimos y otorgar cualesquiera otros documentos públicos o privados, necesarios para la aceptación, otorgamiento, ratificación, cancelación,
modificación, complementación, subsanación, o clarificación y, en caso de que sea necesario, ejecución de los documentos referidos en los apartados anteriores, hasta la total aportación de las citadas
participaciones sociales.
		
	d.- To carry out as many acts as may be required or convenient to exercise the above-mentioned powers, being able to appear to this effect before any kind of public or private officer,	  	d.- Realizar cuantos actos sean necesarios o convenientes para el ejercicio de las facultades anteriormente mencionadas, pudiendo a tal efecto comparecer ante cualquier tipo de

			
	stockbroker, bank entity, notary, commercial registrar, being authorized to present petitions before any kind of entity including the tax authorities and/or the Spanish foreign investments authorities (Dirección General de
Comercio Internacional e Inversiones), to substitute this power and to grant and sign any private or public documents they may deem convenient, and to obtain any copies, even certified copies, of any public or private documents, including this
power of attorney.	  	funcionarios, agencias de valores, instituciones bancarias, notarios, registradores, estando autorizado para presentar solicitudes ante cualquier organismo incluyendo la administración fiscal y/o la Dirección General
de Comercio Internacional e Inversiones y para sustituir el presente poder y otorgar y firmar cuantos documentos públicos o privados crea convenientes, así como para obtener copias, aún auténticas, de cualesquiera
documentos públicos o privados, incluyendo el presente poder.
		
	e.- To carry out as many statements as necessary in order to duly identify the real owner of the Grantor pursuant to Law 10/2010 of 28 of April and the Royal Decree 304/2014 of 5 May for the prevention of money laundering and
the financing of terrorism as required by the Spanish Law.	  	e.- Realizar las declaraciones que sean necesarias para la debida identificación del titular real de la Poderdante conforme a la Ley 10/2010, de 28 de abril y al Real Decreto 304/2014 de 5 de mayo, de prevención
del blanqueo de capitales y de la financiación del terrorismo, conforme sea requerido por las leyes españolas.
		
	f.- Appear before the Spanish tax authorities in order to request, on behalf of the Grantor, its Tax Identification Number.	  	f.- Comparecer ante los órganos de la Administración Tributaria a los efectos de solicitar, en nombre y por cuenta del Otorgante, su Número de Identificación Fiscal.
		
	g.- Being expressly authorized to have or represent interests which are equal or contrary to those of the Grantor and/or the company, including the faculty of self-contracting.	  	g.- Se le autoriza expresamente para representar intereses iguales, análogos o contrarios a los del Otorgante, incluyendo la facultad de autocontratar.

			
	The Grantor hereby undertakes to confirm and ratify, if so requested by the persons empowered by this document, each and every action taken by these persons by virtue of this power of attorney, and to indemnify them for any cost,
loss or damage they may incur or suffer as a consequence of such actions.	  	El Otorgante se compromete a confirmar y ratificar, si es requerido para ello por las personas apoderadas en el presente documento, todas y cada una de las actuaciones realizadas por dichas personas en virtud de este poder,
así como a indemnizar a tales personas, por cualesquiera costes, daños y perjuicios que se pudieran derivar para las mismas como consecuencia de dichas actuaciones.
		
	It is agreed to submit all conflicts arising from or related to this power of attorney to the Spanish courts of the city of Barcelona, and to waive any other jurisdiction to which they may be entitled.	  	Se acuerda someter toda cuestión litigiosa derivada o relacionada con este poder a los juzgados y tribunales españoles de la ciudad de Barcelona, con renuncia expresa al propio fuero, si otro correspondiere.
		
	This, the Grantor states and grants in my presence, and after reading this instrument to him, I certify that the Grantor ratifies the contents thereof and signs with me. Likewise, I certify that in the execution of this document all
the forms and solemnities required by the Law in force in the place of its execution have been fulfilled.	  	Así lo dice y otorga el Otorgante en mi presencia y, tras leer este documento, el Otorgante lo encuentra conforme y ratifica su contenido, firmándolo conmigo de lo cual yo, el Notario, doy fe. Asimismo doy fe de que en
su redacción se han respetado todas las formas y solemnidades requeridas por la Ley del lugar del otorgamiento.
		
	I certify that I know the personal particulars of the Appearer from his statements and from his/her valid personal documentation, which he shows to me.	  	Doy fe de conocer las circunstancias personales del Compareciente por sus declaraciones y por los documentos vigentes que me exhibe.

			
	In [place], on [date]	  	En [place], a [date]
		
	 Signed by:
  

Mr./Mrs. [appearer’s name]
	  	 Firmado por:
  

D./D.a [appearer’s name]

		
	[Signature of the Appearer]	  	[Signature of the Appearer]
		
	In the presence of:	  	En presencia de:
		
	[Signature of Notary Public]	  	[Signature of Notary Public]

			
	 NOTARIAL CERTIFICATE2

 
 I, [name of the notary] Notary Public of [country of the
notary], DO HEREBY CERTIFY that (i) the forms and solemnities required under the laws of [country of the notary] for the granting of this power of attorney have been complied with; (ii) that [name of the grantor] is an
existing company duly incorporated under the laws of [country of the company]; and (iii) that [name of the appearer] has executed this document in the name and on behalf of [name of the grantor], and that he/she has due
capacity to validly execute this power of attorney.
	  	 CERTIFICADO NOTARIAL
  

Yo, [name of the notary], Notario Público de [country of the notary], DOY FE de que (i) se han cumplido los requisitos formales
exigibles de acuerdo con las leyes de [country of the notary] para el otorgamiento de los poderes; (ii) que [name of the grantor] es una sociedad existente y debidamente constituida e inscrita de acuerdo con las leyes de
[country of the company]; y (iii) que [name of the appearer] ha otorgado el presente documento en nombre y representación de [name of the grantor], y que posee las facultades necesarias para otorgar
válidamente el presente poder.

		
	 [Date]
  

[Signature of Notary Public]
	  	 [Date]
  

[Signature of Notary Public]

	
	[Legalization of Notary’s signature by means of “Apostille” for member countries of the Hague Convention of October 5, 1961.]

  
  

	2 	 Note to draft: this will only be required if the PoA is granted in any country other than Spain.

 ANNEX C 

[To be included]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00328-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00328-of-00352.parquet"}]]