Document:

EX-10.3

 Exhibit 10.3 

Performance Fees Agreement 
 Between

 Madeleine Charging B.V., a company incorporated under Dutch law whose registered office is located at Zuidplein 126, WTC Toren H, 15e, 1077 XV
Amsterdam, the Netherlands, registered under number 71768068, duly represented, hereinafter referred to as ‘‘Madeleine”, 
 On the one hand,

 And 
 E8 Partenaires, a French
société par actions simplifiée with a share capital of 8,000 euros, whose registered office is located at 75 avenue des Champs Elysées, 75008 Paris, registered with the Paris Trade and Companies Register under
number 440 366 334 and represented by Mr Bruno Heintz, duly authorised, hereinafter referred to as “E8”, 
 On the other hand, 

Hereinafter also referred to individually as a “Party” and collectively as the “Parties”. 

Whereas: 
 1.E8 provides advice to the Allego Group, controlled
by Meridiam EI SAS, a French société par actions simplifiée, whose registered office is located at 4 place de l’Opéra, 75002 Paris, registered with the Paris Trade and Companies Register under number 839 874
583, hereinafter “Meridiam”), as part of a consulting service agreement signed on 31 October 2019 between E8 and Meridiam, (the “Consulting service agreement”), it being specified that Meridiam substituted Madeleine in its
rights and obligations under the Consulting service agreement, pursuant to a novation deed dated 28 February 2020. 
 2. The Parties have agreed that
E8 will receive specific fees for its performance in connection with the commercial development of the Allego Group. 
 3. Accordingly, the Parties wished
to enter into this agreement in order to set out the terms of those performance fees (the “Agreement”). 
 The Parties have therefore agreed as
follows.  
 Preliminary Article—Definitions 

Capitalized terms and expressions shall, for the purposes of the Agreement, have the meaning set out in this Article. 

Affiliates: means, for any entity (i) an entity that directly or indirectly Controls, or is Controlled by such entity, (ii) if such entity is
a management or consulting company, any mutual fund or other investment structure of which such entity, or any Affiliate of such entity, is the management or consulting company or the general partner, (iii) if such entity is a mutual fund or
other investment structure, any person who is the management company, the general manager and majority shareholder or the general partner of such entity, or an Affiliate of the management company, the general manager and majority shareholder or the
general partner of such entity; it being specified that (i) neither the portfolio companies managed by Meridiam, nor (ii) the entities of the Allego Group are included in the definition of Meridiam Affiliates for the purposes of this
Agreement. 

 Allego: means Allego Holding B.V. a company incorporated under Dutch law whose registered office is
located at Westervoortsedijk 73 KB, 6827 AV Arnhem, registered under number 73283752, as well as any entity into which Allego would be merged.  

Control: means, for a given entity, the holding (directly or indirectly) of more than 50% of the share capital and voting rights of that entity, the
terms “Control”, “Controlling” and “Controlled” shall be construed accordingly. 
 Allego Group: means Allego and any
entity Controlled by Allego (currently or in the future) or in which Allego holds a direct or indirect interest. 
 Opera: means Opera Charging B.V.,
a company incorporated under Dutch law whose registered office is located at Zuidplein 126, WTC Toren H, 15th, 1077 XV Amsterdam, the Netherlands, registered under number 71766308. 

First Listing: means the first (i) direct or indirect acquisition (including by way of transfer, merger, contribution, exchange or any combination
thereof) of all (or substantially all) of the Securities of any Allego Group entity, Madeleine or Opera, by a Third Party whose Securities are listed on a regulated or organised market or (ii) listing on a regulated or organised market of the
Securities of any Allego Group entity, Madeleine or Opera, as applicable. 
 Third Party: means any entity, other than (i) Meridiam, (ii)
Meridiam Affiliates and (iii) any Allego Group entity. 
 Securities: for an entity, the shares of that entity or any other security giving
immediate or deferred access to the capital of that entity. 
 Article 1—E8 Fees 

The Parties hereby agree that E8 shall receive performance fees in consideration for the development of the Allego Group (hereinafter the “Fees”)
under the following conditions. 
 Article 2—Calculation of Fees 

2.1 Principle 
 The purpose of the Fees is to remunerate E8 (or
its subcontractors or advisers) for its performance in connection with the conclusion of contracts by the Allego Group, as well as its contribution to the performance and management of the contracts for the Allego Group. If a contract is composed of
several subcontracts, it is understood that the Fees will apply to each individual subcontract. 
 These Fees are based on the turnover (excluding tax)
achieved by the Allego Group under the contracts entered into since E8 (or its subcontractors or advisers) started its mission and for which the gross margin is strictly greater than 25% of the turnover (excluding taxes) for the relevant entity of
the Allego Group. Within the meaning hereof, gross margin means turnover (excluding taxes) less external costs (COGS, cost of goods sold) and any discounts or rebates granted under the relevant contract. 

The Fees for a given contract (hereinafter the “Contract”) will be paid to E8 by Madeleine in accordance with the following terms and conditions,
where the variables below have the following meanings. 
 M is the total amount of Fees in respect of such Contract. M is equal to: 

  
 2 

	1.	 0.023 multiplied by the amount of the turnover (excluding tax) anticipated upon the conclusion of said Contract
which would be financed by an Affiliate of Meridiam or the Allego Group 

  

	2.	 0.027 multiplied by the amount of turnover (excluding tax) anticipated upon the conclusion of said Contract
which would be financed by a Third Party 

  

	3.	 If a Contract is jointly financed, in this case: 

 

	 	(i)	 the coefficient mentioned in 1. above shall apply to the product of (i) the overall turnover (excluding
tax) anticipated upon the conclusion of said Contract and (ii) the share (expressed as a percentage) of the financing provided by an Affiliate of Meridiam or the Allego Group 

 

	 	(ii)	 the coefficient mentioned in 2. above shall apply to the product of (i) the overall turnover (excluding
tax) anticipated upon the conclusion of said Contract and (ii) the share (expressed as a percentage) of the financing provided by a Third Party 

The Fees under each Contract shall be paid as follows: 
  

	 	•	 	 40% x M shall be paid to E8 upon conclusion of the Contract, 

 

	 	•	 	 the balance (after deduction of any discounts or rebates granted under the Contract) shall be paid to E8 at the
end of the performance of the Contract once the gross margin of the Contract has remained strictly above 25% of the turnover (excluding tax) of the entity concerned, in accordance with the following terms: 

As from the first commissioning date under a Contract (the “First Fully Performed Contract”), and in order to take into account the
portfolio effect of the Contracts performed, the calculation shall be as follows: 
  

	 	•	 	 the sum of the gross margins of the Contracts performed in full, since the start date of those Contracts
(including the First Fully Performed Contract) in relation to the turnover generated by those Contracts, gives a margin known as “portfolio” “m”; 

 

	 	•	 	 in the event that m is less than 25%, the payment to E8 related to the full performance of a Contract
(i.e. commissioning date) shall then be equal to 60% x (m / 25%) x M, it being specified that if (i) “m” is negative, the amount to be paid shall be equal to zero and (ii) “m” is greater than 25%, the amount to be paid
shall be equal to 60% x M. 

 Digital application illustrating the preceding terms and conditions 

If the turnover generated from the contracts entered into has an aggregate value of €600 million (excluding tax) and are financed by Third Parties
with a minimum gross margin recorded for Allego of €150 million (excluding tax), then the total amount of the Fees shall be €16.2 million (excluding tax). 

Every year, on the anniversary date of this Agreement, Madeleine and E8 shall draw up a list of contracts entered into by the Allego Group, or in the process
of being validated, falling within the scope of the Fees. An initial list specifying the contracts entered into since 1 January 2020, and giving rise to Fees since that date, shall be drawn up between the Parties within fifteen days of the
signing of this Agreement. 
 2.2 Fees following a First Listing 

As an exception to the foregoing, the Parties agree that as from the First Listing, (i) the Fees shall relate exclusively to a list of contracts
concluded or to be concluded within twenty-four (24) months with the clients mentioned in the Appendix (until their respective terms) and (ii) subject to compliance with the criteria referred to in Article 2.1 above, the amount M
will be determined on the basis of the turnover generated by each of said contracts, it being specified, however, that in the event the turnover generated by each of said contracts is greater than the amounts indicated in the Appendix (the
“Maximum  

  
 3 

 
Turnover”), only the Maximum Turnover will be taken into account for the calculation of the amount M. As a result, as from the First Listing, the provisions of this article will cease
to apply to any contract other than those listed in the Appendix. 
 Article 3—Catch-Up Right

 The Parties agree that E8 shall be entitled to all Fees referred to in Article 2.1, corresponding to contracts entered into prior to the date on which
this Agreement terminates and generating turnover after this Agreement up to the end of those contracts. In addition, fifteen (15) days prior to the end of this Agreement, the Parties shall determine the list of contracts entered into, under
development or in the process of being concluded to which the Fee mechanism referred to in Article 2.1 shall apply. 
 As from the First Listing, the
Parties agree that the provisions of this article 3 shall cease to apply, without prejudice to article 2.2. 
 Article 4—Entry into force 

The Parties agree that this Agreement is entered into on this date, with retroactive effect on 31 October 2019. 

Article 5—Term 
 This Agreement shall terminate on
the earlier of (i) the termination date of the Consulting service agreement (for whatever reason) or (ii) 31 December 2023. 
 At the end of the
initial period, the Contract may be renewed by Madeleine for successive periods of one year, provided that (i) such renewal is notified in writing at least two months before the end of the initial period, or any renewal period, as the case may
be, and (ii) E8 agrees to it. 
 This article 5 is provided for without prejudice to articles 2.2 and 3, such that the rights granted to E8 shall be
fully effective, without it being possible to enforce the effects of termination of the contract. Similarly, any act which, after the termination of the Agreement, would be contrary to the exercise of said rights, shall be unenforceable against E8.

 Article 6—Acting in Good faith 
 6.1 If any of
the provisions of the Agreement becomes void, unenforceable, invalid, illegal or inapplicable, it shall not call into question the validity, enforceability, legality or applicability of the other provisions of the Agreement. In this case, the
Parties shall negotiate in good faith in order to substitute the void; unenforceable, invalid, illegal or inapplicable provision with a lawful provision corresponding to the spirit and purpose of the Agreement. 

Likewise, the Parties agree that in the event that, for technical reasons, in particular, the mechanisms provided for in this Agreement cannot be put in place
or could not be fully implemented, they shall negotiate in good faith any adaptations that may be made to it in accordance with the spirit of the Agreement. 

Each Party undertakes to sign any deed or document necessary for the purpose of implementing the transactions provided for in the Agreement and to provide
each other with all necessary information for this purpose. 

  
 4 

 6.2 The Parties agree that in the event of disagreement regarding the application of the formulae referred
to in Article 2 above, they shall appoint an independent expert by mutual agreement, whose mission shall be strictly limited to determining the outcome of the application of the formula (the “Expert”). In the absence of agreement on the
appointment of said Expert within 15 days following the date on which one of the Parties has indicated to the other its wish to appoint an Expert, the Expert shall be appointed by the President of the Commercial Court of Paris, to which the matter
is referred by the first party to take action. 
 The decision of the Expert shall not be open to appeal, except in the event of manifest or gross error on
his part or violation of the law and regulations in force. 
 The costs of the expert shall, unless otherwise agreed by the Parties, be borne equally by the
Parties. 
 The Expert shall notify his findings in writing to the Parties as soon as possible and where possible, within thirty days of his appointment.

 Article 7—Notifications 
 Any notice or
communications under this Agreement shall only be effective if they are given in writing and sent by registered letter with acknowledgement of receipt (or any equivalent concerning international mail), or by fax (the fax shall be confirmed on the
same day by registered letter with acknowledgement of receipt) to the address and for the attention of the Party concerned. 
 Such notice shall be deemed
to be received, in the case of faxes, on the business day following the day of sending, in the case of registered letters with acknowledgement of receipt, on the third business day following the day of sending and in the case of notice delivered by
hand, on the day of delivery. 
 In the event of a change of address or recipient, the Party concerned shall notify the other Parties in the aforementioned
forms. 
 Article 8—Applicable law and disputes 

The Agreement is governed by, and shall be construed in accordance with the laws of France. 

In the event of a dispute regarding the interpretation or performance of the Agreement, the Parties shall endeavour to resolve their dispute privately, within
a maximum period of one month. 
 At the end of this period, this dispute shall be exclusively submitted to the Courts within the jurisdiction of the Paris
Court of Appeal. 

  
 5 

 Signed in Paris, on 16 December 2020 

In two original copies, each Party acknowledging that it has received its own copy. 

Madeleine 
  

	
	 /s/ Julien Touati

	 By: Julien Touati

	
	E8
	
	 /s/ Bruno Heintz

	 By: Bruno Heintz

  
 6 

 

AMENDMENT TO THE PERFORMANCE FEES AGREEMENT 

BETWEEN: 
  

	(1)	 Madeleine Charging B.V., a company incorporated under Dutch law whose registered office is located at
Zuidplein 126, WTC Toren H, 15e, 1077 XV Amsterdam, the Netherlands, registered under number 71768068, duly represented; 

(hereinafter referred to as “Madeleine”) 

AND 
  

	(2)	 E8 Partenaires, a French société par actions simplifiée with capital of
8,000 euros, whose registered office is located at 75 avenue des Champs-Elysées, 75008 Paris, registered with the Paris Trade and Companies Register under number 440 366 334, duly represented; 

(hereinafter referred to as “E8”)  

Hereinafter also referred to individually as a “Party” and collectively as the “Parties”. 

WHEREAS: 
  

	(A)	 On 16 December 2020, the Parties entered into a special fees agreement in connection with E8’s
assistance in connection with the commercial development of the Allego Group (the “Contract”). 

  

	(B)	 The Parties wishes to specify certain terms relating to the determination of the Fees that would be payable to
E8 upon the occurrence of the First Listing. 

  

	(C)	 As a result of the foregoing, the Parties decided to enter into this amendment to the Contract (the
“Amendment”). 

 IT IS AGREED AS FOLLOWS: 
  

	1.	 DEFINITIONS AND INTERPRETATION 

Capitalized terms and expressions not otherwise defined herein shall have the meaning ascribed to them in the Contract. 

 

	2.	 AMENDMENT TO THE CONTRACT 

 

	2.1.	 The Preliminary Article — Definitions of the Contract is amended as follows: 

“Preliminary Article — Definitions  

Capitalized terms and expressions shall, for the purposes of the Agreement, have the meaning set out in this Article. 

Affiliates: means, for any entity (i) an entity that directly or indirectly Controls, or is Controlled by such entity,
(ii) if such entity is a management or consulting company, any mutual fund or other investment structure of which such entity, or any Affiliate of such entity, is the management or consulting company or the general partner, (iii) if such
entity is a mutual fund or other investment structure, any person who is the management company, the general manager and majority shareholder or the general partner of such entity, or an Affiliate of the management company, the general manager and
majority shareholder or the general partner of such entity; it being specified that (i) neither the portfolio companies managed by Meridiam, nor (ii) the entities of the Allego Group are included in the definition of Meridiam Affiliates
for the purposes of this Agreement. 
 Allego: means Allego Holding B.V. a company incorporated under Dutch law whose
registered office is located at Westervoortsedijk 73 KB, 6827 AV Arnhem, registered under number 73283752, as well as any entity into which Allego would be merged. 

Control: means, for a given entity, the holding (directly or indirectly) of more than 50% of the share capital and voting
rights of that entity, the terms “Control”, “Controlling” and “Controlled” shall be construed accordingly. 

Allego Group: means Allego and any entity Controlled by Allego (currently or in the future) or in which Allego holds a direct
or indirect interest. 
 Opera: means Opera Charging B.V., a company incorporated under Dutch law whose registered
office is located at Zuidplein 126, WTC Toren H, 15th, 1077 XV Amsterdam, the Netherlands, registered under number 71766308. 

First Listing: means the first (i) direct or indirect acquisition (including by way of transfer, merger, contribution, exchange
or any combination thereof) of all (or substantially all) of the Securities of any Allego Group entity, Madeleine or Opera, by a Third Party whose Securities are listed on a regulated or organised market or (ii) listing on a regulated or
organised market of the Securities of any Allego Group entity, Madeleine or Opera, as applicable. 
 Third Party:
means any entity, other than (i) Meridiam, (ii) Meridiam Affiliates and (iii) any Allego Group entity. 

Securities: for an entity, the shares of that entity or any other security giving immediate or deferred access to the capital of that
entity.” 

  
 2 

	2.2.	 Article 2 of the Contract is amended as follows: 

“Article 2 — Calculation of Fees 

2.1 Principle 

The purpose of the Fees is to remunerate E8 (or its subcontractors or advisers) for its performance in connection with the conclusion of
contracts by the Allego Group, as well as its contribution to the performance and management of the contracts for the Allego Group. If a contract is composed of several subcontracts, it is understood that the Fees will apply to each individual
subcontract. 
 These Fees are based on the turnover (excluding tax) achieved by the Allego Group under the contracts entered into
since E8 (or its subcontractors or advisers) started its mission and for which the gross margin is strictly greater than 25% of the turnover (excluding taxes) for the relevant entity of the Allego Group. Within the meaning hereof, gross margin means
turnover (excluding taxes) less external costs (COGS, cost of goods sold) and any discounts or rebates granted under the relevant contract. 

The Fees for a given contract (hereinafter the “Contract”) will be paid to E8 by Madeleine in accordance with the following terms
and conditions, where the variables below have the following meanings. 
 M is the total amount of Fees in respect of such Contract. M
is equal to: 
  

	 	1.	 0.023 multiplied by the amount of the turnover (excluding tax) anticipated upon the conclusion of said
Contract which would be financed by an Affiliate of Meridiam or the Allego Group 

  

	 	2.	 0.027 multiplied by the amount of turnover (excluding tax) anticipated upon the conclusion of said Contract
which would be financed by a Third Party 

  

	 	3.	 If a Contract is jointly financed, in this case: 

 

	 	(i)	 the coefficient mentioned in 1. above shall apply to the product of (i) the overall turnover (excluding
tax) anticipated upon the conclusion of said Contract and (ii) the share (expressed as a percentage) of the financing provided by an Affiliate of Meridiam or the Allego Group 

 

	 	(ii)	 the coefficient mentioned in 2. above shall apply to the product of (i) the overall turnover (excluding
tax) anticipated upon the conclusion of said Contract and (ii) the share (expressed as a percentage) of the financing provided by a Third Party 

The Fees under each Contract shall be paid as follows: 
  

	 	•	 	 40% x M shall be paid to E8 upon conclusion of the Contract, the balance (after deduction of any discounts or
rebates granted under the Contract) shall be paid to E8 at the end of the performance of the Contract once the gross margin of the Contract has remained strictly above 25% of the turnover (excluding tax) of the entity concerned, in accordance with
the following terms: 

  

	 	•	 	 As from the first commissioning date under a Contract (the “First Fully Performed Contract”), and in
order to take into account the portfolio effect of the Contracts performed, the calculation shall be as follows: 

  
 3 

	 	•	 	 the sum of the gross margins of the Contracts performed in full, since the start date of those Contracts
(including the First Fully Performed Contract) in relation to the turnover generated by those Contracts, gives a margin known as “portfolio” “m”;  

 

	 	•	 	 in the event that m is less than 25%, the payment to E8 related to the full performance of a Contract (i.e.
commissioning date) shall then be equal to 60% x (m / 25%) x M, it being specified that if (i) “m” is negative, the amount to be paid shall be equal to zero and (ii) “m” is greater than 25%, the amount to be paid shall be equal
to 60% x M.  

 Digital application illustrating the preceding terms and conditions 

If the turnover generated from the contracts entered into has an aggregate value of €600 million (excluding tax) and are financed
by Third Parties with a minimum gross margin recorded for Allego of €150 million (excluding tax), then the total amount of the Fees shall be €16.2 million (excluding tax). 

Every year, on the anniversary date of this Agreement, Madeleine and E8 shall draw up a list of contracts entered into by the Allego Group,
or in the process of being validated, falling within the scope of the Fees. An initial list specifying the contracts entered into since 1 January 2020, and giving rise to Fees since that date, shall be drawn up between the Parties within
fifteen days of the signing of this Agreement. 
 2.2 Fees following a First Listing 

As an exception to the foregoing, the Parties agree that as from the First Listing, (i) the Fees shall relate exclusively to a
list of contracts concluded or to be concluded within twenty-four (24) months with the clients mentioned in the Appendix (until their respective terms) and (ii) subject to compliance with the criteria referred to in Article 2.1 above, the
amount M will be determined on the basis of the turnover generated by each of said contracts, it being specified, however, that in the event the turnover generated by each of said contracts is greater than the amounts indicated in the Appendix (the
“Maximum Turnover”), only the Maximum Turnover will be taken into account for the calculation of the amount M. As a result, as from the First Listing, the provisions of this article will cease to apply to any contract other than those
listed in the Appendix.” 
  

	2.3.	 Article 3 of the Contract is amended as follows: 

“Article 3 — Catch-Up Right  

The Parties agree that E8 shall be entitled to all Fees referred to in Article 2.1, corresponding to contracts entered into prior to the
date on which this Agreement terminates and generating turnover after this Agreement up to the end of those contracts. In addition, fifteen (15) days prior to the end of this Agreement, the Parties shall determine the list of contracts entered
into, under development or in the process of being concluded to which the Fee mechanism referred to in Article 2.1 shall apply. 

  
 4 

 As from the First Listing, the Parties agree that the provisions of this article 3
shall cease to apply, without prejudice to article 2.2.”  
  

	2.4.	 Article 5 of the Contract is amended as follows: 

“Article 5 — Term  

This Agreement shall terminate on the earlier of (i) the termination date of the Consulting service
agreement (for whatever reason) or (ii) 31 December 2023. 
 At the end of the initial period, the
Contract may be renewed by Madeleine for successive periods of one year, provided that (i) such renewal is notified in writing at least two months before the end of the initial period, or any renewal period, as the case may be, and (ii) E8
agrees to it. 
 This article 5 is provided for without prejudice to articles 2.2
and 3, such that the rights granted to E8 shall be fully effective, without it being possible to enforce the effects of termination of the contract. Similarly, any act which, after the termination of the Agreement, would be contrary
to the exercise of said rights, shall be unenforceable against E8.” 
  

	3.	 MISCELLANEOUS 

This Amendment shall enter into force from the date of its execution by all the Parties hereto. Except as set forth in Article 2 of this
Amendment, all provisions of the Contract remain unchanged and fully enforceable. 
  

	4.	 APPLICABLE LAW AND COMPETENT COURTS 

This Amendment as well as any contractual or non-contractual obligation arising out of or in connection
with this Amendment shall be exclusively governed by French law and shall be construed accordingly. 
 Any disputes relating to this
Amendment (including without limitation, those relating to the existence, the validity, the enforcement, the termination or the construction of this Amendment as well as any contractual or non-contractual
obligation arising out of or in connection with this Amendment) shall be submitted to the Commercial Court of Paris (Tribunal de Commerce de Paris). 

  
 5 

	
	In Paris, on 29, April 2021
	
	 /s/ Julien Touati

	Madeleine Charging B.V.
	By : Julien Touati, duly authorized
	
	 /s/ Bruno Heintz

	E8 Partenaires
	By : Bruno Heintz, duly authorized

  
 6 

 Execution Version 

 

NOVATION AGREEMENT 

BETWEEN THE UNDERSIGNED: 
  

	(1)	 Madeleine Charging B.V., a Dutch besloten vennootschap met beperkte aansprakelijkheid, having its
registered office at Zuidplein 126, WTC Toren H, 15e, 1077 XV Amsterdam, the Netherlands, registered under number 71768068, duly represented for the purposes hereof; 

(hereafter referred to as the “Transferor”) 
  

	(2)	 Allego Holding B.V., a Dutch besloten vennootschap met beperkte aansprakelijkheid, having its
registered office at Westernoortsedijk 73 KB, 6827 AV Arnhem, the Netherlands, registered under number 73283754, duly represented for the purposes hereof; 

(hereafter referred to as the “Transferee”) 

AND 
  

	(3)	 E8 Partenaires, a French société par actions simplifiée, having its
registered office at 75 avenue des Champs Elysées, 75008 Paris, registered with the Paris Trade and Companies Register under number 440 366 334, duly represented for the purposes hereof; 

(hereafter referred to as the “Remaining Party”) 

The above parties listed in (1) to (3) are hereafter collectively referred to as the “Parties” and individually as a
“Party”. 
 WHEREAS: 
  

	(A)	 The Transferor and the Remaining Party are parties to a convention d’honoraires de performance;
dated as of 16 December 2020, as amended on 29 April 2021 (the “ Performance Fee Agreement”) 

  

	(B)	 With effect from the Novation Time on the Novation Date, the Transferor wishes to transfer its rights and
obligations under the Performance Fee Agreement to the Transferee. The Remaining Party agrees to such transfer by way of novation of the Performance Fee Agreement in accordance with the terms set out in this Agreement. 

 

	(C)	 With effect from the Novation Time on the Novation Date, the Transferee agrees to such transfer by way of a
novation of the Performance Fee Agreement in accordance with the terms set out in this Agreement. 

 THE PARTIES TO THIS AGREEMENT AGREE AS FOLLOWS: 

 

	1	 Definitions and Interpretation 

 

	1.1	 Capitalized terms and expressions shall, save where defined in Clause 1.5 below, bear the meanings set out in
the Performance Fee Agreement. 

  

	1.2	 The headings in this Agreement are for convenience only and shall not affect the interpretation hereof.

  

	1.3	 References to recitals and clauses are to the recitals and clauses of this Agreement, unless specified
otherwise. 

  

	1.4	 References to any agreement or instrument shall mean a reference to that agreement or instrument as amended,
supplemented, restated and/or modified from time to time. 

  

	1.5	 In this Agreement, the following words and expressions shall, unless the context otherwise requires, bear the
following meanings: 

 Agreement means this Novation Agreement; 

Novation Date means 6 August 2021; 

Novation Time means 00:00 CET. 
  

	2	 Novation 

 

	2.1	 In consideration of the mutual undertakings of the Parties in this Agreement, and with effect as of the
Novation Time on the Novation Date, the Parties agree as follows: 

  

	 	(i)	 the Performance Fee Agreement is hereby transferred by way of novation in accordance with articles 1329 and
seq. of the French Civil Code, such that the Transferee assumes all of the Transferor’s rights, claims, liabilities and obligations under the Performance Fee Agreement, whenever created or incurred to the same extent as if the Transferee
had been an original party thereto and both the Remaining Party and the Transferee shall perform their rights, claims, liabilities and obligations under the Performance Fee Agreement and be bound by its terms as if the Transferee had at all times
been a party to the Performance Fee Agreement in place of the Transferor; 

  

	 	(ii)	 As a result of such transfer by way of novation, the Transferor and the Remaining Party are each released and
discharged from further obligations to each other, and their respective rights against each other are hereby cancelled, in respect of the Performance Fee Agreement. 

 

	2.2	 The Parties agree that (i) the Transferee may, at its entire discretion, decide to delegate any of its
subsidiaries (the “Délégué”) to the Remaining Party for the payment of all sums due under the Performance Fee Agreement to the Remaining Party, under the meaning of Articles 1336 to 1340 of the French Civil
Code, and that, as the case may be, (ii) this delegation of payment shall be “perfect” (delegation parfaite) under the meaning of Article 1337, first Paragraph, of the French Civil Code, which means that the commitment taken by
the Délégué vis-a-vis the Transferee shall substitute in all respects to the obligation of payment subscribed by the Transferee vis-a-vis the Remaining Party. The terms and conditions of such delegation are attached hereto. 

 For the avoidance of doubt, the Remaining Party hereby agrees the
Délégué as substituted debtor, and acknowledges that, if such delegation is decided by the Transferee and a copy of the executed delegation notified to the Remaining Party, (i) Transferee’s debt shall be purely
and simply substituted by the Délégué‘s debt, as provided by Article 1337, first Paragraph of the French Civil Code, and (ii) the Remaining Party shall therefore have no remedy against the Transferee. However,
the Transferee hereby agrees, in accordance with Article 1337 of the French Civil Code, to guarantee the Remaining Party against the insolvency of the Délégué; it being however specified that any recourse by the Remaining
Party against the Transferee may only be initiated after a judicial determination of the Délégué‘s insolvency or bankruptcy. 
  

	3	 Representations and Warranties 

Each Party represents and warrants to the others that as at the date hereof (with such representations and warranties being deemed to be
repeated at the Novation Time on the Novation Date): 
  

	 	(i)	 it is duly organized and validly existing under the laws of the jurisdiction of its incorporation, and has the
corporate power and authority to execute, deliver and perform the terms and provisions of this Agreement; 

  

	 	(ii)	 the performance of this Agreement does not and will not violate or conflict with its charter or by-laws, any law or order of any court or other agency of government applicable to it, or any agreement to which it is a party or by which it or any of its property is bound; 

 

	 	(iii)	 this Agreement constitutes its legally valid and binding obligation, is enforceable against it in accordance
with its terms and the enforceability of this Agreement is not limited by the effect of any applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rights or by general principles of equity;

  

	 	(iv)	 no actual or potential default, event of default or material reason (or other 1ike event or circumstance
however described in the Performance Fee Agreement) with respect to it has occurred and is continuing immediately prior to it entering into this Agreement and no such event or circumstance would occur as a result of its entering into or performing
its obligations under this Agreement. 

  

	4	 Further Assurances 

The Parties shall perform, execute and deliver such further acts and documents as may be required by law or reasonably requested by each other
to implement the purposes of this Agreement. 
  

	5	 Invoicing &VAT 

Notwithstanding any other provision of this Agreement, the Parties agree that for VAT and invoicing purposes deliveries, which take place:
(a) before the Novation Time, are invoiced as between the Remaining Party and the Transferor; and (b) at and after the Novation Time, are invoiced as between the Remaining Party and the Transferee or between the Remaining Party and the
Délégué the Transferee will have delegated for the payment of all sums due. 
 For the avoidance of doubt, invoicing
also includes the correction or amendment of invoices and the issuing of credit notes. 

	6	 Costs 

Parties shall bear their own costs, charges and expenses (including, without limitation, legal expenses) in relation to the preparation,
negotiation and execution of this Agreement. 
  

	7	 Amendments 

No amendment, modification or waiver in respect of this Agreement, including this clause, will be effective unless in writing and executed by
each of the Parties. 
  

	8	 Severability 

If any of the provisions of this Agreement is or becomes ineffective, the effectiveness of the other provisions shall not be affected. In such
case, the Parties undertake to replace the ineffective provision by an effective provision which achieves an economic result as similar as possible to that of the provision so replaced. This shall apply mutatis mutandis to any lacuna
in this Agreement. 
  

	9	 Law and Jurisdiction 

This Agreement, and any dispute or claim arising out of or in connection with this Agreement or it subject matter or formation, including any non-contractual disputes or claims, will be exclusively governed by and construed in accordance with French law. 

All disputes relating to this agreement shall be resolved exclusively by the Tribunal de Commerce of Paris. 

 

	10	 Electronic Signature 

 

	10.1	 The Parties hereto hereby agree that, as a matter of evidence agreement (convention de preuve), this
Agreement is signed electronically in accordance with the European and French regulations in force, in particular Regulation (EU) No. 910/2014 of the European Parliament and of the Council dated 23 July 2014 and articles 1367 et seq.
of the French Code civil. For this purpose, the Parties hereto agree to use the online platform DocuSign (www.docusign.com). Each of the Parties hereto decides (i) that the electronic signature which it attaches to this
Agreement has the same legal value as its handwritten signature and (ii) that the technical means implemented in the context of this signature confer a definite date (date certaine) to this Agreement. 

 

	10.2	 Each of the Parties hereto acknowledges and accepts that the signature process used to electronically sign this
Agreement enables each of them to have a copy of this Agreement on a durable medium or to have access to it, in accordance with Article 1375 paragraph 4 of the French Code civil 

 Made in Paris on 10 August 2021.     

 

					
	The Transferor	  		  	The Transferee
			
	 /s/ Julien Touati
	  		  	 /s/ Mathieu Bonnet

	Madeleine Charging B.V.	  		  	Allego Holding B.V.
	By: Julien Touati	  		  	By: Mathieu Bonnet
	Title: authorized signatory	  		  	Title: authorized signatory
			
	The Remaining Party	  		  	
			
	 /s/ Bruno Heintz
	  		  	
	E8 Partenaires	  		  	
	By: Bruno Heintz	  		  	
	Title: authorized signatoryEX-10.4

 Exhibit 10.4 

EMPLOYMENT AGREEMENT 
 THE UNDERSIGNED:

  

	(1)	 Allego Holding B.V., a private company with limited liability (besloten vennootschap met
beperkte aansprakelijkheid) incorporated under the laws of The Netherlands, having its seat (statutaire zetel) in Arnhem, The Netherlands and its office address at Westervoortsedijk 73 LB1, 6827 AV Arnhem with
registration number 73282754 (the “Company”); and 

  

	(1)	 M.J.J. Bonnet, born on 28 April 1973 and residing at 6 Impasse de Hurlevent, 69270 Saint Romain au Mont
d’Or, France (the “Executive”); 

 WHEREAS: 

 

	(a)	 The Company wishes to employ the Executive as CEO per Tuesday 10 December 2019 whereby it is also intended
that the Executive will be appointed to the board of the Company (the “Company’s Board”); 

  

	(b)	 The Executive will be appointed by the general meeting of shareholders as managing director of the Company on
Tuesday 10 December whereby a copy of the shareholders resolution is attached as Schedule 1; 

  

	(c)	 The appointment of the Executive to the Company’s Board will take place after the relevant works council
of the Company has rendered its advice, in accordance with the provisions of the Dutch Works Council Act (Wet op de ondernemingsraden); 

 

	(d)	 The Executive has confirmed not to be bound by any non-compete
undertaking or other obligations restricting him to work for the Company or another group company as from the start date of the employment; and 

  

	(e)	 The Company and the Executive wish to record the applicable terms of employment agreed between them in writing.

 THE PARTIES HEREBY AGREE AS FOLLOWS: 
  

	1.	 COMMENCEMENT, TERM AND NOTICE 

 

	1.1	 This employment agreement (the “Agreement”) is entered into with effect from Tuesday
10 December 2019 (the “Start Date”) for a definite period of 12 months and it will therefore terminate by operation of law without prior written notice being required on 10 December 2020. 

 

	1.2	 This Agreement may be prematurely terminated by either party as per the last day of any calendar month,
observing the legal statutory notice period. 

  

	1.3	 At the termination of this Agreement or suspension, the Executive shall voluntarily resign from the statutory
position(s) held by him within the Company or any affiliated company. 

 Draft Date: 22 November 2019 

 

	1.4	 The employment will end in any event without notice being required on the last day of the month in which the
Executive will be entitled to receive his state pension (AOW gerechtigde leeftijd). 

  

	2.	 DUTIES AND POWERS 

 

	2.1	 The Executive will be employed in the position of CEO. 

 

	2.2	 During the term of his employment the Executive shall: 

 

	 	2.2.1	 devote the necessary time, energy and skills to the business of the Company and its affiliated companies;

  

	 	2.2.2	 faithfully and diligently perform such duties and exercise such powers as may from time to time be assigned to
or conferred upon the Executive by law, the Company’s articles of association or any (management) regulation; 

  

	 	2.2.3	 aim to look after the interest and reputation of the Company and/or its shareholders; and

  

	 	2.2.4	 refrain from action that could be damaging to the Company and/or its shareholders. 

 

	2.3	 If and so long as the Company’s non-executive board members so
direct and/or approve, the Executive shall perform and exercise the said duties and power also on behalf of any affiliated companies. Such duties shall be governed by the terms and conditions contained in this Agreement and shall not entitle the
Executive to any further remuneration. 

  

	3.	 WORKING HOURS / OVERTIME AND PLACE OF EMPLOYMENT 

 

	3.1	 The Executive will devote the necessary time to perform his task. 

 

	3.2	 The principal place of employment of the Executive will be the office of the Company in Arnhem. The Company
reserves the right to change this place of employment and to transfer the Executive to such other place, as reasonably determined by the Company. 

  

	4.	 SALARY AND HOLIDAY ALLOWANCE 

 

	4.1	 The Executive shall receive a base salary of EUR 60,000 gross per annum (which is considered to include holiday
allowance) (the “Base Salary”), to be paid in twelve equal monthly instalments payable on the last day of every calendar month. 

  

	4.2	 The Executive may be eligible to the 30% ruling, as defined and included in Schedule 2. 

 

	5.	 EXPENSES AND OTHER BENEFITS 

The Company shall pay the Executive any out-of-pocket expenses
reasonably incurred by the Executive in the performance of his duties under this Agreement, upon submission of written evidence of such expenses and in accordance with the Company’s expense policy in force from time to time and subject to prior
written approval by the Company. 

 Draft Date: 22 November 2019 

 

	6.	 PENSIONS 

For the duration of the Agreement, the Executive will be registered as a participant in the General Pension fund for Public Employees
(‘Algemeen Burgerlijk Pensioenfonds (ABP)’), if and as soon as the Executive meets the relevant requirements set out in the Pension scheme. Contribution to the ABP will be deducted and paid in accordance with the applicable
rules. 
  

	7.	 VACATION DAYS 

 

	7.1	 The Executive shall be entitled to 25 per calendar year in addition to public holidays in The Netherlands. In
the event that this agreement starts or ends during the course of a calendar year the Executive shall be entitled to a pro rata number of holidays with regard to that calendar year. The statutory expiry periods apply. 

 

	7.2	 The Executive shall take his holidays in consultation with the other members of the Board.

  

	8.	 ILLNESS OR DISABILITY 

 

	8.1	 In the event that the Executive is prevented from performing his duties under this Agreement as a result of
illness or disability, the Executive shall be required to give immediate notice thereof to the Company in accordance with the illness policy of the Company. 

  

	8.2	 During a period of illness or disability, the Executive shall comply with all provisions of Dutch law regarding
illness and disability and follow and comply with all instructions or directions given by or on behalf of the Company in that regard. 

  

	8.3	 In the event that the Executive is unable to fully perform his duties due to illness or disability, the Company
shall, pay 70 percent of the Base Salary to the Executive during the first 52 weeks of such illness or disability. During the second 52 weeks of illness or disability of the Executive, the Company shall pay 70 percent of the Base Salary to
the Executive. 

  

	8.4	 Consecutive periods of illness, injury or other incapacity interrupted by one or more periods of less than four
weeks each during which the Executive performs his duties under this Agreement, will be deemed to be one period of illness or disability for the determination of the time during which the Company shall continue to pay the Base Salary of the
Executive as referred to in the aforesaid clause 8.3. 

  

	8.5	 The payments as referred to in clause 8.3 will be made less any amounts paid directly to the Executive under
any insurance taken out by the Executive or the Company in this respect and/or benefits of and/or claims in respect of loss of income vis-à-vis third
parties in connection with said illness or disability. 

  

	8.6	 In the event that a third party or parties may be liable for the illness or disability of the Executive, the
Company shall only make payments where there is no recourse of the Executive against such third party. The Company may however advance to the Executive during such period sums not yet recovered by the Executive from such third party, against such
security as may be required by the Company. 

 Draft Date: 22 November 2019 

 

	9.	 INTELLECTUAL AND INDUSTRIAL PROPERTY RIGHTS 

 

	9.1	 Insofar as the rights specified hereinafter are not vested in the Company by operation of law on the grounds of
the employment relation between the parties, the Executive hereby explicitly states that he will transfer and, insofar as possible, hereby transfers (draagt over) to the Company in advance (bij voorbaat) all
rights, title and interest in any intellectual and/or industrial property rights of whatever nature in or arising from work, ideas, concepts, discoveries, inventions, improvements and/or developments made or acquired by the Executive in the
discharge of the duties under this Agreement, both in the Netherlands and abroad, which transfer the Company hereby accepts (aanvaardt). In so far as permitted by law, the Executive waives, for now and for then, his/her global
moral rights under the intellectual property rights, such as Section 25 of the Dutch Copyright Act and similar stipulations in foreign legislation and regulations and covenants; 

 

	9.2	 The Executive will at the Company’s request assist the Company in obtaining, any intellectual property
rights or similar rights in respect of any work, ideas, concepts, discoveries, inventions, improvements and/or developments as referred to in paragraph 1 of this article and to vest the same solely in the Company and for the exclusive
benefit of the Company, to the extent that the same have not already vested in the Company by law. In so far as the intellectual and/or industrial property rights of whatever nature cannot be transferred, the Executive hereby grants the Company the
free, global, perpetual, transferable and exclusive right to use such rights. 

  

	9.3	 The Executive will promptly disclose to the Company fully and completely any ideas, concepts, discoveries,
inventions, improvements and developments, made or acquired by the Executive in the discharge of the duties under this Agreement, both in the Netherlands and abroad. 

 

	9.4	 The Executive guarantees that any intellectual property rights or similar rights to be transferred are
unencumbered and that no third-party rights are vested in them. The Executive also guarantees the Company the unchallenged use of the intellectual property rights and similar rights and will refrain from registering any work or having it registered,
in his/her own name or that of a third party, as a brand, a model, a patent or any other intellectual property right. 

  

	9.5	 The Executive acknowledges that the salary mentioned under article 4.1 of this Agreement includes reasonable
compensation for the fact that the intellectual and industrial property rights, referred to above, will vest in the Company by operation of law or for the transfer to the Company of such rights pursuant to section 1 of this article.

  

	10.	 SIDE ACTIVITIES 

 

	10.1	 During the term of this Agreement, the Executive is authorized to perform any paid or unpaid side activities
assuming no conflict of interest that has not been raised and dealt with at Board level has been identified. Any such activities undertaken upon signing of this Agreement should be disclosed to the board. For the avoidance of doubt, the Executive
activities as CEO of E6 and of OVM Energies are considered as disclosed. 

 Draft Date: 22 November 2019 

 

	10.2	 During his employment hereunder, the Executive shall not be permitted to have or take in any way, whether
directly or indirectly, any interest in companies pursuing activities in direct competition with or similar or related to the activities of the Company and its affiliated companies Any interest in companies who are suppliers, licensors, principals,
buyers or licensees of the Company held upon signing of this Agreement should be disclosed prior to signing. 

  

	11.	 CONFIDENTIALITY, NON DISCLOSURE AND COMPANY PROPERTY 

 

	11.1	 The Executive shall not during the continuance of his employment with the Company or at any time after the
termination thereof, print, publish or communicate or otherwise disclose to any person, firm or company or use directly or indirectly (except in the proper performance of his duties hereunder among other the Board members of the Board of Directors
of the Company): any trade secret or know-how, or any information of knowledge concerning or in any way relating to the business of the Company and its affiliated companies, or any information or knowledge
relating to the clients, affairs, finances, dealings and concerns of the Company and its affiliated companies which may become known to the Executive during the course of his employment and the Executive shall use his best endeavour to prevent the
publication or disclosure thereof. 

  

	11.2	 In the event that the Executive is ordered to refrain from active duty and upon termination of this Agreement -
irrespective of the manner in which and the reasons for which his employment may be terminated - the Executive shall at the Company’s first request to that effect surrender to the Company all property of the Company in his possession as well as
all documents which in any way relate to the Company and/or the companies affiliated with the Company and/or its customers and other business relations, all this in the broadest sense, as well as all copies of such documents and property. The
Executive shall not withhold any (electronic) copies of these items. 

  

	12.	 COLLECTIVE LABOUR AGREEMENT 

No collective labour agreement applies to this Agreement. 
  

	13.	 D&O INSURANCE 

The Company will include the Executive in its existing (group) D&O insurance policy for executive directors, as amended from time to time.

  

	14.	 PERSONNEL HANDBOOK 

 

	14.1	 The Personnel Handbook of the Company is made available to the Executive on intranet, which the Executive
hereby confirms to have received and accepted. 

  

	14.2	 The (contents of the) Personnel Handbook, as amended from time to time by the Company, is considered to form an
integral part of this Agreement. In case of conflict between a provision of the Personnel Handbook on the one hand and a provision of this Agreement on the other hand, the latter shall prevail. 

 

	14.3	 The Company is entitled to unilaterally change any provision of the Personnel Handbook, as far as such changes
are reasonable. Any changes made in the Personnel Handbook will as soon as possible be made available to the Executive. 

 Draft Date: 22 November 2019 

 

	15.	 DATA PROTECTION 

 

	15.1	 The Company will possess and collect personal data about the Executive in the course of his employment. The
Company respects the Executive’s privacy and will treat the Executive’s personal data in compliance with the applicable employment laws and data protection laws, including the General Data Protection Regulation. The Company will act in
accordance with its own privacy policies. 

  

	15.2	 Reference is made to the HR Privacy Notice, which describes the Executive’s personal data that the Company
collects and how and for what purposes the Company collects and uses this data (including the role of third parties). By signing this Agreement, the Executive confirms that he has read and understood the processing of personal data relating to the
Employee as described in the HR privacy policy. 

  

	15.3	 The Executive acknowledges that the processing (including transfer) of data described herein is essential for
the administration of the employment and the operation of the Company’s or the business of any associated company. 

  

	15.4	 The Executive agrees to treat any data to which he has access in the course of the employment in accordance
with the Company’s policies and procedures as applicable from time to time. 

  

	16.	 CHANGES 

The Company reserves its rights to unilaterally change the employment terms and conditions contained in this Agreement, to the extent, these
changes are reasonable and take into account clause 7:613 of the Dutch Civil Code. 
  

	17.	 FINAL PROVISIONS 

 

	17.1	 The invalidity (nietigheid) of one or more provisions of this Agreement shall not result in the
invalidity of the remaining provisions of this Agreement. The Parties undertake to immediately hold consultations with each other in case any provision is void with a view to replace the relevant provision with a provision that is as similar as
possible, without being void. 

  

	17.2	 This Agreement shall be governed by and construed in accordance with the laws of The Netherlands. Any dispute
arising out of or in connection with this Agreement shall be submitted to the competent courts in The Netherlands. 

  

	17.3	 All payments under this Agreement will be made less the usual deductions and withholding under the applicable
tax and social security laws to be withheld by employers unless it follows from the nature of the payment and applicable tax and social security laws that it may be made tax-free and premium.

  

	17.4	 The foregoing constitutes the entire Agreement between the parties and supersedes all (employment or services)
agreements previously entered into by and between the Executive and the (bodies of the) Company and its affiliated companies. 

 Draft Date: 22 November 2019 

 

 This Agreement was entered into in twofold and signed by the parties on the dates mentioned below. 

 

									
	For and on behalf of,	 		 		 	
	Allego Holding B.V.,	 		 		 	
			
	 

  
	 		 	 

  

	Name:	 	Clive Pitt	 		 	Name:	 	Mathieu Bonnet
	Title:	 	Executive Director	 		 	Title:	 	
	Date:	 	19-12-19	 		 	Date:	 	10/12/2019

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