Document:

EX-10.11

 EXHIBIT 10.11 

FORWARD PURCHASE AGREEMENT 
 This Forward
Purchase Agreement (as the same may be amended, supplemented or otherwise modified from time to time in accordance with the terms hereof, this “Agreement”) is entered into and effective as of August 23, 2021, by and between
Integral Acquisition Corporation 1, a Delaware corporation (the “Company”), and Carnegie Park Capital LLC, a Delaware limited liability company (the “Purchaser”). 

Recitals 
 WHEREAS,
the Company was incorporated for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (a “Business Combination”);

 WHEREAS, the Company has filed with the U.S. Securities and Exchange Commission (the “SEC”) a registration statement on
Form S-1 (File No. 333-257058) (the “Registration Statement”) for its initial public offering (“IPO”) of 10,000,000 units (or
11,500,000 units if the underwriters’ over-allotment option (the “IPO Over-Allotment Option”) is exercised in full) (the “Public Units”) at a price of $10.00 USD per Public Unit, each Public Unit comprised of
one share of Class A common stock, par value $0.0001 per share, of the Company (the “Class A Common Stock,” and the shares of Class A Common Stock included in the Public Units, the “Public
Shares”), and one-half of one redeemable warrant, where each whole redeemable warrant is exercisable to purchase one share of Class A Common Stock at an exercise price of $11.50 USD per share,
subject to adjustment as described in the Registration Statement, and only whole redeemable warrants are exercisable (the “Warrants,” and the Warrants included in the Public Units, the “Public Warrants”); 

WHEREAS, the Company’s sponsor, Integral Sponsor LLC, a Delaware limited liability company (the “Sponsor”), has agreed
to purchase an aggregate of 4,860,000 Warrants (or 4,935,000 Warrants if the IPO Over-Allotment Option is exercised in full) at a price of $1.00 USD per Warrant, for an aggregate purchase price of $4,860,000 USD (or $4,935,000 USD if the IPO
Over-Allotment Option is exercised in full), each exercisable to purchase one share of the Class A Common Stock at a price of $11.50 USD per share, in a private placement that will close concurrently with the closing of the IPO (the
“Private Placement Warrants”); 
 WHEREAS, following the closing of the IPO (the “IPO Closing”), the
Company will seek to identify and consummate a Business Combination; 
 WHEREAS, the parties wish to enter into this Agreement, pursuant to
which concurrently with the closing of the Company’s initial Business Combination (the “Business Combination Closing”), the Company will offer to issue and sell to the Purchaser, and the Purchaser may elect to purchase from the
Company, on a private placement basis, the number of shares of Class A Common Stock (the “Forward Purchase Shares”) determined pursuant to Sections 1(a)(ii), (iii) and (iv) hereof on the terms and
conditions set forth herein; and 
 WHEREAS, proceeds from the IPO and the sale of the Private Placement Warrants in an aggregate amount
equal to the gross proceeds from the IPO will be deposited into a trust account for the benefit of the holders of the Public Shares (the “Trust Account”), as described in the Registration Statement. 

NOW, THEREFORE, in consideration of the premises, representations, warranties and the mutual covenants contained in this Agreement, and for
other good and valuable consideration, the receipt, sufficiency and adequacy of which are hereby acknowledged, the parties hereto agree as follows: 

 Agreement 

1. Sale and Purchase. 
 (a) Forward
Purchase Shares. 
 (i) Subject to Sections 1(a)(ii), (iii), (iv) and (v) and the other terms and conditions set forth
herein, the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, either directly or through one or more of its Affiliates pursuant to Section 4(b), up to a maximum of 500,000
Forward Purchase Shares (the “Maximum Shares”) for a purchase price of $10.00 USD per Forward Purchase Share; provided, that the purchase price per Forward Purchase Share may be reduced to $9.20 USD per Forward Purchase Share
for all or part of the Forward Purchase Shares that are purchased or further reduced to below $9.20 USD per Forward Purchase Share for all or part of the Forward Purchase Shares that are purchased in the manner set forth in the immediately following
sentence (the aggregate purchase price for the Forward Purchase Shares at the purchase price per Forward Purchase Share determined in such manner being referred to herein as the “Forward Purchase Price”), or up to $5,000,000 USD in
the aggregate if all of the Forward Purchase Shares are purchased at $10.00 USD per Forward Purchase Share (or up to $4,600,000 USD in the aggregate if all of the Forward Purchase Shares are purchased at $9.20 USD per Forward Purchase Share). If the
Forward Purchase Price calculated at a price per Forward Purchase Share equal to $10.00 USD is at least equal to the lesser of (i) $2,000,000 USD or (ii) 2% of the aggregate purchase price paid by the purchasers of the Company’s Class A
common stock in private placements for the purchase of the Company’s Class A common stock that occur prior to or on the date of the Business Combination Closing (“PIPEs”) including, without limitation, the purchase of the
Forward Purchase Shares by the Company and its Affiliates and the purchase of forward purchase shares by any other forward purchasers and their respective Affiliates pursuant to their forward purchase agreements assuming a price per Forward Purchase
Share of $10.00 USD in making such calculation, then the Forward Purchase Price shall be calculated at a price per Forward Purchase Share equal to $9.20 USD (the “Discounted Purchase Price”); provided, further, that
the Discounted Purchase Price may be reduced to below $9.20 USD per Forward Purchase Share if the Company engages in one or more PIPEs in which the Company sells Class A Common Stock at an effective price (the “PIPE Price”) of
less than $9.20 per Forward Purchase Share in the manner set forth in Section 1(a)(v). 
 For example, if the Purchaser and/or its
Affiliates purchase 200,000 Forward Purchase Shares, then the Purchaser and its Affiliates shall meet the threshold to pay the Discounted Purchase Price set forth above. 

As a further example, if the Purchaser and/or its Affiliates purchase 150,000 Forward Purchase Shares which constitutes more than 2% of the aggregate purchase
price paid by the purchasers of the Company’s Class A common stock in PIPEs, then the Purchaser and its Affiliates shall meet the threshold to pay the Discounted Purchase Price set forth above. 

(ii) The number of Forward Purchase Shares to be issued and sold by the Company and purchased by the Purchaser hereunder shall be determined as follows: 

(A) As soon as reasonably practicable, but in no event less than twenty (20) Business Days (as defend below) after the Company has identified a target for
the initial Business Combination and that target has indicated a willingness to enter into definitive negotiations for the initial Business Combination, the Company shall provide the Purchaser with written notice (the “Initial Company
Notice”) setting forth (i) that the Company is offering to the Purchaser the right to purchase up to 500,000 Forward Purchase Shares pursuant to this Agreement; (ii) the identity of the counterparty or parties to the initial
Business Combination (the “Target”); (iii) the complete draft terms of the Business Combination; and (iv) the proposed timeline for the initial Business Combination. Along with delivery of the Initial Company Notice, the
Company shall provide the Purchaser such other information related to the initial Business Combination that the Company determines is appropriate, including such other information as the Purchaser (or any applicable Transferee pursuant to
Section 4(b) hereof) may request in writing. The Company shall keep the Purchaser informed of the progress of the negotiations with the Target, and shall regularly update the information provided to the Purchaser as
may be necessary to keep the Purchaser fully informed of the status of the Target and the initial Business Combination. 
 (B) The Company shall deliver
written notice to the Purchaser of the entry into one or more definitive binding agreements with the Target for the initial Business Combination promptly following the entry into such definitive binding agreements together with copies of all such
agreements (the “Transaction Agreements”). Prior to the later of twenty (20) Business Days after this written notification to the Purchaser or twenty (20) Business Days before the

  
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Business Combination Closing, the Purchaser shall provide the Company with written notice of its decision as to the approval or non-approval of the
purchase of Forward Purchase Shares, and, in the case of approval, the amount of Forward Purchase Shares that the Purchaser intends to purchase. For the avoidance of doubt, if the Purchaser provides the Company with written notice of its decision
not to purchase any of the Forward Purchase Shares, the Purchaser shall have no obligation to purchase Forward Purchase Shares hereunder and shall not purchase Forward Purchase Shares hereunder. Written notice to the Company of Purchaser’s
approval of the purchase of the specified amount of Forward Purchase Shares shall constitute the binding obligation of the Purchaser to purchase the Forward Purchase Shares indicated in its written notice to the Company, subject to the terms and
conditions of this Agreement. The determination of the Purchaser’s Investment Committee as to whether, and how much, of the Forward Purchase Shares offered to the Purchaser are to be purchased by the Purchaser shall be made in the Investment
Committee’s sole and absolute discretion. 
 (iii) At least ten (10) Business Days before the Business Combination Closing, the Company shall
provide the Purchaser with an updated written notice (the “Final Company Notice”) including: 
 (A) the anticipated date of the Business
Combination Closing; 
 (B) the purchase price per Forward Purchase Share and the Forward Purchase Price determined in the manner set forth in
Section 1(a)(i); and 
 (C) instructions for wiring the Forward Purchase Price in the manner set forth in Section 1(a)(iv). 

(iv) The closing of the sale of Forward Purchase Shares if Forward Purchase Shares are to be sold pursuant to this Agreement (the “Forward
Closing”) shall be held on the same date and concurrently with the Business Combination Closing (such date being referred to as the “Forward Closing Date”). At least one (1) Business Day prior to the Forward Closing
Date, the Purchaser shall deliver to the Company the Forward Purchase Price for the Forward Purchase Shares by wire transfer of U.S. dollars in immediately available funds to the account specified by the Company in such written notice (which shall
be an escrow account maintained by Continental Stock Transfer & Trust Company) to be held in escrow without the payment of interest thereon until the Forward Closing on the Forward Closing Date. Immediately prior to the Forward Closing on
the Forward Closing Date, (i) the Forward Purchase Price shall be released from escrow automatically and without further action by the Company or the Purchaser, and (ii) upon such release, the Company shall issue the Forward Purchase
Shares to the Purchaser in book-entry form, free and clear of any liens or other restrictions whatsoever (other than those arising under state or federal securities laws), registered in the name of the Purchaser (or its nominee in accordance with
its delivery instructions), or to a custodian designated by the Purchaser, as applicable. In the event the Business Combination Closing does not occur within five (5) Business Days of the date scheduled for closing, the Forward Closing shall
not occur and the Company shall promptly (but not later than one (1) Business Day thereafter) return the Forward Purchase Price to the Purchaser. For purposes of this Agreement, “Business Day” means any day, other than a
Saturday or a Sunday, that is neither a legal holiday nor a day on which banking institutions are generally authorized or required by law or regulation to close in the City of New York, New York excluding as a result of “stay at home”, “shelter-in-place”, “non-essential employee” or any other similar orders or restrictions or the closure of any
physical branch locations at the direction of any governmental authority so long as the electronic funds transfer systems, including for wire transfers, of commercially banking institutions in the City of New York, New York are generally open for
use by customers on such day. 
 (v) Notwithstanding anything contained herein to the contrary, if the Company will be engaging in one or more PIPEs and the
terms of any such PIPE provide for the investor (or investors) to be purchasing shares of Class A Common Stock at an effective price of less than $9.20 USD per Forward Purchase Share, then the Purchaser shall be offered the right to purchase up
to a maximum of 500,000 Forward Purchase Shares in the manner set forth herein except that for all purposes hereunder the Discounted Purchase Price will be at an 8% discount from the PIPE Price. 

(b) Legends. Each register and book entry for the Forward Purchase Shares shall contain a notation, and each certificate (if any) evidencing the Forward
Purchase Shares shall be stamped or otherwise imprinted with a legend, in substantially the following form: 

  
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 “THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS
AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION, AND MAY NOT BE TRANSFERRED IN VIOLATION OF THE SECURITIES ACT OR SUCH OTHER LAWS. THE SALE, PLEDGE, HYPOTHECATION, OR TRANSFER OF THE SECURITIES
REPRESENTED HEREBY ARE SUBJECT TO THE TERMS AND CONDITIONS OF A CERTAIN FORWARD PURCHASE AGREEMENT, DATED AS OF AUGUST 23, 2021, BY AND BETWEEN THE HOLDER AND THE COMPANY. COPIES OF SUCH AGREEMENT MAY BE OBTAINED UPON WRITTEN REQUEST TO THE
SECRETARY OF THE COMPANY.” 
 (c) Legend Removal. If the Forward Purchase Shares are eligible to be sold without restriction under, and without
the Company being in compliance with the current public information requirements of, Rule 144 under the U.S. Securities Act of 1933, as amended (the “Securities Act”), then, at the Purchaser’s request, the Company will, at its
sole expense, cause the Company’s transfer agent to remove the legend set forth in Section 1(b) hereof. In connection therewith, if required by the Company’s transfer agent, the Company will promptly cause an
opinion of counsel to be delivered to and maintained with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent, that authorize and direct the transfer agent to transfer such Forward
Purchase Shares without any such legend; provided, however, that the Company will not be required to deliver any such opinion, authorization or certificate or direction if it reasonably believes that removal of the legend could
reasonably be expected to result in or facilitate transfers of Forward Purchase Shares in violation of applicable law. 
 (d) Registration Rights. The
Purchaser shall have registration rights with respect to the Forward Purchase Shares as set forth the registration rights agreement referenced in Section 4 hereof (the “Registration Rights”). 

2. Representations and Warranties of the Purchaser. The Purchaser represents and warrants to the Company as follows, as of the date hereof
and as of the Forward Closing Date: 
 (a) Organization and Power. The Purchaser is duly organized, validly existing, and in good standing under the
laws of the jurisdiction of its formation and has all requisite power and authority to carry on its business as presently conducted and as proposed to be conducted. 

(b) Authorization. The Purchaser has full power and authority to enter into this Agreement. This Agreement, when executed and delivered by the
Purchaser, will constitute the valid and legally binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium,
fraudulent conveyance and any other laws of general application affecting enforcement of creditors’ rights generally, (ii) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable
remedies, or (iii) to the extent the indemnification provisions contained in the Registration Rights may be limited by applicable federal or state securities laws. 

(c) Governmental Consents and Filings. No consent, approval, order or authorization of, or registration, qualification, designation, declaration or
filing with, any federal, state or local governmental authority is required on the part of the Purchaser in connection with the consummation of the transactions contemplated by this Agreement. 

(d) Compliance with Other Instruments. The execution, delivery and performance by the Purchaser of this Agreement and the consummation by the Purchaser
of the transactions contemplated by this Agreement will not result in any violation or default (i) of any provisions of its organizational documents, (ii) of any instrument, judgment, order, writ or decree to which it is a party or by
which it is bound, (iii) under any note, indenture or mortgage to which it is a party or by which it is bound, (iv) under any lease, agreement, contract or purchase order to 

which it is a party or by which it is bound or (v) of any provision of federal or state statute, rule or regulation applicable to the Purchaser, in each
case (other than clause (i)), which would have a material adverse effect on the Purchaser or its ability to consummate the transactions contemplated by this Agreement. 

(e) Purchase Entirely for Own Account. This Agreement is made with the Purchaser in reliance upon the Purchaser’s representation to the Company,
which by the Purchaser’s execution of this Agreement, the Purchaser hereby confirms, that the Forward Purchase Shares to be acquired by the Purchaser will be acquired for investment for the Purchaser’s own account, not as a nominee or
agent, and not with a view to the resale or distribution of any part thereof in violation of any state or federal securities laws, and that the Purchaser has no present intention of reselling, granting any participation in, or otherwise distributing
the same in violation of law. By executing this 

  
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Agreement, the Purchaser further represents that the Purchaser does not presently have any contract, undertaking, agreement or arrangement with any Person to sell, transfer or grant
participations to such Person or to any third Person, with respect to any of the Forward Purchase Shares. 
 (f) Disclosure of Information. The
Purchaser has had an opportunity to discuss the Company’s business, management, financial affairs and the terms and conditions of the offering of the Forward Purchase Shares, as well as the terms of the Company’s proposed IPO, with the
Company’s management. 
 (g) Restricted Securities. The Purchaser understands that the offer and sale of the Forward Purchase Shares to the
Purchaser has not been, and will not be, registered under the Securities Act, by reason of a specific exemption from the registration provisions of the Securities Act which depends upon, among other things, the bona fide nature of the investment
intent and the accuracy of the Purchaser’s representations as expressed herein. The Purchaser understands that the Forward Purchase Shares are “restricted securities” under applicable U.S. federal and state securities laws and that,
pursuant to these laws, the Purchaser must hold the Forward Purchase Shares indefinitely unless they are registered with the SEC and qualified by state authorities, or an exemption from such registration and qualification requirements is available.
The Purchaser acknowledges that the Company has no obligation to register or qualify the Forward Purchase Shares, except for the Registration Rights. The Purchaser further acknowledges that if an exemption from registration or qualification is
available, it may be conditioned on various requirements including, but not limited to, the time and manner of sale, the holding period for the Forward Purchase Shares, and on requirements relating to the Company which are outside of the
Purchaser’s control, and which the Company is under no obligation and may not be able to satisfy. The Purchaser acknowledges that the Company filed the Registration Statement. The Purchaser understands that the offering of the Forward Purchase
Shares is not, and is not intended to be, part of the IPO, and that the Purchaser will not be able to rely on the protection of Section 11 of the Securities Act with respect to the Forward Purchase Shares. 

(h) No Public Market. The Purchaser understands that no public market now exists for the Forward Purchase Shares, and that the Company has made no
assurances that a public market will ever exist for the Forward Purchase Shares. 
 (i) High Degree of Risk. The Purchaser understands that its
agreement to purchase the Forward Purchase Shares involves a high degree of risk which could cause the Purchaser to lose all or part of its investment. 

(j) Accredited Investor. The Purchaser is an “accredited investor” as defined in Rule 501(a) of Regulation D promulgated under the Securities
Act. 
 (k) No General Solicitation. Neither the Purchaser, nor any of its officers, directors, employees, agents, shareholders or partners has either
directly or indirectly, including, through a broker or finder (i) engaged in any general solicitation, or (ii) published any advertisement in connection with the offer and sale of the Forward Purchase Shares. 

(l) Residence. The Purchaser’s principal place of business is the office or offices located at the address of the Purchaser set forth on the
signature page hereof. 
 (m) Non-Public Information. The Purchaser acknowledges its obligations under
applicable securities laws with respect to the treatment of non-public information relating to the Company. 
 (n)
Adequacy of Financing. At the time of the Forward Closing, the Purchaser will have available to it sufficient funds to satisfy its obligations under this Agreement. 

(o) No Other Representations and Warranties; Non-Reliance. Except for the specific representations and
warranties contained in this Section 2 and in any certificate or agreement delivered pursuant hereto, none of the Purchaser nor any person acting on behalf of the Purchaser nor any of the Purchaser’s Affiliates (the
“Purchaser Parties”) has made, makes or shall be deemed to make any other express or implied representation or warranty with respect to the Purchaser and this offering, and the Purchaser Parties disclaim any such representation or
warranty. Except for the specific representations and warranties expressly made by the Company in Section 3 of this Agreement and in any certificate or agreement delivered pursuant hereto, the Purchaser Parties specifically
disclaim that they are relying upon any other representations or warranties that may have been made by the Company, any person on behalf of the Company or any of the Company’s Affiliates (collectively, the “Company Parties”).

  
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 3. Representations and Warranties of the Company. The Company represents and warrants
to the Purchaser as of the date hereof and (except as indicated below) as of the Forward Closing Date as follows: 
 (a) Incorporation and Corporate
Power. The Company is duly incorporated and validly existing and in good standing as a corporation under the laws of the State of Delaware and has all requisite corporate power and authority to carry on its business as presently conducted and as
proposed to be conducted. The Company has no subsidiaries. 
 (b) Capitalization. On the date hereof, the authorized share capital of the Company
consists of: 
 (i) 100,000,000 shares of Class A Common Stock, none of which are issued and outstanding. 

(ii) 10,000,000 shares of Class B common stock, par value $0.0001 per share, of the Company (the “Class B Common
Stock”), 2,875,000 of which are issued and outstanding (up to 375,000 shares of which are subject to forfeiture by the Sponsor depending on the extent to which the IPO Over-Allotment Option is exercised), which will automatically convert
into shares of Class A Common Stock at the time of the initial Business Combination. All of the outstanding shares of Class B Common Stock have been duly authorized, are fully paid and non-assessable
and were issued in compliance with all applicable federal and state securities laws. 
 (iii) 1,000,000 shares of preference stock, none of which are issued
and outstanding. 
 (c) Authorization. All corporate action required to be taken by the Company’s Board of Directors and shareholders in order to
authorize the Company to enter into this Agreement and to issue the Forward Purchase Shares at the Forward Closing has been taken or will be taken prior to the Forward Closing. All action on the part of the shareholders, directors and officers of
the Company necessary for the execution and delivery of this Agreement, the performance of all obligations of the Company under this Agreement to be performed as of the Forward Closing, and the issuance and delivery of the Forward Purchase has been
taken or will be taken prior to the Forward Closing. This Agreement, when executed and delivered by the Company, shall constitute the valid and legally binding obligation of the Company, enforceable against the Company in accordance with its terms
except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance, or other laws of general application relating to or affecting the enforcement of creditors’ rights generally, (ii) as
limited by laws relating to the availability of specific performance, injunctive relief, or other equitable remedies, or (iii) to the extent the indemnification provisions contained in the Registration Rights may be limited by applicable
federal or state securities laws. 
 (d) Valid Issuance of Securities. The Forward Purchase Shares, when issued, sold and delivered in accordance with
the terms and for the consideration set forth in this Agreement, will be validly issued, fully paid and nonassessable, as applicable, and free of all preemptive or similar rights, taxes, liens, encumbrances and charges with respect to the issue
thereof and restrictions on transfer other than restrictions on transfer specified under this Agreement, applicable state and federal securities laws and liens or encumbrances created by or imposed by the Purchaser. Assuming the accuracy of the
representations of the Purchaser in this Agreement and subject to the filings described in Section 3(e) below, the Forward Purchase Shares will be issued in compliance with all applicable federal and state securities laws.

 (e) Governmental Consents and Filings. Assuming the accuracy of the representations and warranties made by the Purchaser in this Agreement, no
consent, approval, order or authorization of, or registration, qualification, designation, declaration or filing with, any federal, state or local governmental authority is required on the part of the Company in connection with the consummation of
the transactions contemplated by this Agreement, except for filings pursuant to Regulation D of the Securities Act, and applicable state securities laws, if any, and pursuant to the Registration Rights. 

  
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 (f) Compliance with Other Instruments. The execution, delivery and performance of this Agreement and
the consummation of the transactions contemplated by this Agreement will not result in any violation or default (i) of any provisions of the Company’s amended and restated articles of incorporation, as it may be further amended from time
to time (the “Charter”), or other governing documents of the Company, (ii) of any material instrument, judgment, order, writ or decree to which the Company is a party or by which it is bound, (iii) under any material note,
indenture or mortgage to which the Company is a party or by which it is bound, (iv) under any material lease, agreement, contract or purchase order to which the Company is a party or by which it is bound or (v) of any provision of federal
or state statute, rule or regulation applicable to the Company. 
 (g) Operations. As of the date hereof, the Company has not conducted, and prior to
the IPO Closing the Company will not conduct, any operations (including any discussions regarding a potential Business Combination) other than organizational activities and activities in connection with offerings of its securities. 

(h) No General Solicitation. Neither the Company, nor any of its officers, directors, employees, agents or shareholders has either directly or
indirectly, including, through a broker or finder (i) engaged in any general solicitation, or (ii) published any advertisement in connection with the offer and sale of the Forward Purchase Shares. 

(i) Compliance with Anti-Money Laundering Laws. The operations of the Company are and have been conducted at all times in compliance with applicable
financial recordkeeping and reporting requirements and all applicable U.S. and non-U.S. anti-money laundering laws, rules and regulations, including those of the Currency and Foreign Transactions Reporting Act
of 1970, as amended, the USA Patriot Act of 2001 and the applicable money laundering statutes of all applicable jurisdictions, the rules and regulations thereunder and any related or similar rules, regulations or guidelines, issued, administered or
enforced by any governmental agency (collectively, the “Anti-Money Laundering Laws”), and no action, suit or proceeding by or before any court or governmental agency, authority or body or any arbitrator involving the Company with
respect to the Anti-Money Laundering Laws is pending or, to the knowledge of the Company, threatened. 
 (j) Absence of Litigation. There is no
action, suit, proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of the Company, threatened against or affecting the Company or any of the
Company’s officers or directors, whether of a civil or criminal nature or otherwise, in their capacities as such. 
 (k) No Other Representations and
Warranties; Non-Reliance. Except for the specific representations and warranties contained in this Section 3 and in any certificate or agreement delivered pursuant hereto, none of
the Company Parties has made, makes or shall be deemed to make any other express or implied representation or warranty with respect to the Company, this offering, the proposed IPO or a potential Business Combination, and the Company Parties disclaim
any such representation or warranty. Except for the specific representations and warranties expressly made by the Purchaser in Section 2 of this Agreement and in any certificate or agreement delivered pursuant hereto, the
Company Parties specifically disclaim that they are relying upon any other representations or warranties that may have been made by the Purchaser Parties. 

4. Registration Rights; Transfer 
 (a) Registration
Rights. The Purchaser shall be granted registration rights by the Company with respect to the Forward Purchase Shares pursuant to a registration rights agreement to be entered into with the Company, a form of which has been filed with the
Registration Statement (the “Registration Rights”). For the avoidance of any doubt, the Purchaser’s Registration Rights shall require the Company to file a resale registration statement for the resale of the Forward Purchase
Shares within fifteen (15) days after the Forward Closing and shall be no less favorable to Purchaser than the most favorable registration rights granted to participants in any PIPE. 

(b) Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the
Forward Purchase Shares) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more Affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment: 

  
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 (i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of
the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Shares to be purchased by such Transferee (the “Transferee Securities”), and, upon such
execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any
such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be
made as to the Purchaser or any such Transferee, as applicable, as to itself only; and 
 (ii) upon a Transferee’s execution and delivery of a Joinder
Agreement, the number of Forward Purchase Shares to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Shares to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement,
which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Shares” and “Aggregate Purchase Price for Forward
Purchase Shares” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Shares, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities
hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser
and the Company upon the occurrence of any such transfer of Transferee Securities. 
 For purposes of this Agreement, (i) “Affiliate” means,
with respect to any Person, any other Person that, directly or indirectly, through one or more intermediaries, controls, is controlled by or is under common control with the first mentioned Person, where “control” means the possession,
directly or indirectly, of the power to direct the management and policies of a Person whether through the ownership of voting securities, contract or otherwise; and (ii) Person” means an individual, a limited liability company, a
partnership, a joint venture, a corporation, a trust, and unincorporated organization, any other entity or any government or any department or agency thereof. 

5. Additional Agreements, Acknowledgements and Waivers of the Purchaser. 

(a) Lock-up; Transfer Restrictions. The Purchaser agrees that it shall not Transfer any Forward Purchase Shares
until thirty (30) days after the completion of the initial Business Combination. Notwithstanding the foregoing, Transfers of the Forward Purchase Shares are permitted (any such transferees, the “Permitted Transferees”): (A) to
the Company’s officers or directors, any Affiliates or family members of any of the Company’s officers or directors, any members of the Purchaser, or any affiliates of the Purchaser, (B) in the case of an individual, by gift to a
member of one of the members of the individual’s immediate family or to a trust, the beneficiary of which is a member of one of the individual’s immediate family, an affiliate of such person or to a charitable organization; (C) in the
case of an individual, by virtue of laws of descent and distribution upon death of the individual; (D) in the case of an individual, pursuant to a qualified domestic relations order; (E) by private sales or transfers made in connection
with the consummation of the initial Business Combination at prices no greater than the price at which the Forward Purchase Shares were originally purchased; (F) by virtue of the laws of State of Delaware or the Company’s limited liability
company agreement upon dissolution of the Company; (G) in the event of the Company’s liquidation prior to the completion of the Company’s initial Business Combination; (H) in the event that, subsequent to the completion of the
initial Business Combination, the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction which results in all of the Company’s stockholders having the right to exchange their shares of
Class A Common Stock for cash, securities or other property; (I) as a distribution to limited partners, members or shareholders of the Purchaser; (J) to the Purchaser’s Affiliates, to any investment fund or other entity
controlled or managed by the Purchaser or any of its Affiliates, or to any investment manager or investment advisor of the Purchaser or an affiliate of any such investment manager or investment advisor; (K) to a nominee or custodian of a Person
to whom a disposition or transfer would be permissible under clauses (A) through (J) above; (L) to the Purchaser or any Transferee hereunder; (M) by virtue of the laws of the Purchaser’s jurisdiction of formation or its
organizational documents upon dissolution of the Purchaser; and (N) pursuant to an order of a court or regulatory agency; provided, however, that in the case of clauses (A) through (F) and (I) through (M) these
Permitted Transferees must enter into a written agreement agreeing to be bound by these transfer restrictions. “Transfer” shall mean the (x) sale or assignment of, offer to sell, contract or agreement to sell, hypothecation,
pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation 

  
 8 

 
with respect to or decrease of a call equivalent position (within the meaning of Section 16 of the U.S. Securities Exchange Act of 1934, as amended, and the rules and regulations of the SEC
promulgated thereunder) with respect to, any of the Forward Purchase Shares (excluding any pledges in the ordinary course of business for bona fide financing purposes or as part of prime brokerage arrangements), (y) entry into any swap or other
arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any of the Forward Purchase Shares, whether any such transaction is to be settled by delivery of such Forward Purchase Shares, in cash or
otherwise, or (z) public announcement of any intention to effect any transaction specified in clause (x) or (y). 
 (b) Trust Account. 

(i) The Purchaser hereby acknowledges that it is aware that the Company will establish the Trust Account for the benefit of its public shareholders upon the
IPO Closing. The Purchaser, for itself and its Affiliates, hereby agrees that it has no right, title, interest or claim of any kind in or to any monies held in the Trust Account, or any other asset of the Company as a result of any liquidation of
the Company, except for redemption and liquidation rights, if any, the Purchaser may have in respect of any Public Shares held by it. 
 (ii) The Purchaser
hereby agrees that it shall have no right of set-off or any right, title, interest or claim of any kind (“Claim”) to, or to any monies in, the Trust Account, and hereby irrevocably waives any
Claim to, or to any monies in, the Trust Account that it may have now or in the future, except for redemption and liquidation rights, if any, the Purchaser may have in respect of any Public Shares held by it. In the event the Purchaser has any Claim
against the Company under this Agreement, the Purchaser shall pursue such Claim solely against the Company and its assets outside the Trust Account and not against the property or any monies in the Trust Account, except for redemption and
liquidation rights, if any, the Purchaser may have in respect of any Public Shares held by it. 
 (c) No Material
Non-Public Information. The Company agrees that no information provided to the Purchaser in connection with this Agreement will, upon the IPO Closing, constitute material
non-public information of the Company and following the IPO Closing, neither the Company nor the Sponsor will provide the Purchaser with any material non-public
information of the Company (including any material non-public information with respect to any other Person in connection with any proposed Business Combination) without the prior written consent of the
Purchaser. 
 6. Nasdaq Listing. The Company will use commercially reasonable efforts to effect the listing of the Class A Common Stock
and Public Warrants on the Nasdaq Capital Market (or another national securities exchange) at and after the time of the IPO Closing. 
 7. Forward
Closing Conditions. 
 (a) The obligation of the Purchaser to purchase the Forward Purchase Shares at the Forward Closing under this Agreement shall be
subject to the fulfillment, at or prior to the Forward Closing of each of the following conditions, any of which, to the extent permitted by applicable laws, may be waived by the Purchaser upon written notice to the Company: 

(i) The Business Combination shall be consummated substantially concurrently with the purchase of the Forward Purchase Shares on terms substantially similar to
those set forth in the Transaction Agreements delivered pursuant to Section 1(a)(ii)(B); 
 (ii) The Purchaser and any applicable
Transferee shall have obtained the approval of their respective Investment Committee to consummate the purchase of the Forward Purchase Shares hereunder as contemplated by Section 1(a)(ii) hereof and the Purchaser and any
applicable Transferee shall have delivered to the Company notices of such approvals; 
 (iii) The Company shall have delivered to the Purchaser a certificate
issued by the Secretary of State of the State of Delaware dated within five (5) Business Days of the Forward Closing evidencing the Company’s good standing; 

  
 9 

 (iv) The representations and warranties of the Company set forth in Section 3 of
this Agreement shall have been true and correct as of the date hereof and shall be true and correct as of the Forward Closing Date, as applicable, with the same effect as though such representations and warranties had been made on and as of such
date (other than any such representation or warranty that is made by its terms as of a specified date, which shall be true and correct as of such specified date), except where the failure to be so true and correct would not have a material adverse
effect on the Company or its ability to consummate the transactions contemplated by this Agreement; 
 (v) The Company shall have performed, satisfied and
complied in all material respects with the covenants, agreements and conditions required by this Agreement to be performed, satisfied or complied with by the Company at or prior to the Forward Closing; and 

(vi) No order, writ, judgment, injunction, decree, determination, or award shall have been entered by or with any governmental, regulatory, or administrative
authority or any court, tribunal, or judicial, or arbitral body, and no other legal restraint or prohibition shall be in effect, preventing the purchase by the Purchaser of the Forward Purchase Shares. 

(b) The obligation of the Company to sell the Forward Purchase Shares at the Forward Closing under this Agreement shall be subject to the fulfillment, at or
prior to the Forward Closing of each of the following conditions, any of which, to the extent permitted by applicable laws, may be waived by the Company upon written notice to the Purchaser: 

(i) The Business Combination shall be consummated substantially concurrently with the purchase of Forward Purchase Shares; 

(ii) The representations and warranties of the Purchaser set forth in Section 2 of this Agreement shall have been true and correct as
of the date hereof and shall be true and correct as of the Forward Closing Date, as applicable, with the same effect as though such representations and warranties had been made on and as of such date (other than any such representation or warranty
that is made by its terms as of a specified date, which shall be true and correct as of such specified date), except where the failure to be so true and correct would not have a material adverse effect on the Purchaser or its ability to consummate
the transactions contemplated by this Agreement; 
 (iii) The Purchaser shall have performed, satisfied and complied in all material respects with the
covenants, agreements and conditions required by this Agreement to be performed, satisfied or complied with by the Purchaser at or prior to the Forward Closing; and 

(iv) No order, writ, judgment, injunction, decree, determination, or award shall have been entered by or with any governmental, regulatory, or administrative
authority or any court, tribunal, or judicial, or arbitral body, and no other legal restraint or prohibition shall be in effect, preventing the purchase by the Purchaser of the Forward Purchase Shares. 

8. Termination. This Agreement may be terminated at any time prior to the Forward Closing: 

(a) by mutual written consent of the Company and the Purchaser; 

(b) by written notice by the Purchaser to the Company of the Purchaser’s non-approval of purchase of Forward
Purchase Shares, which shall be delivered to the Company pursuant to Section 1(a)(ii)(B) of this Agreement; 
 (c) automatically: 

(i) if the IPO is not consummated on or prior to twelve (12) months from the date of this Agreement; or 

(ii) if the Business Combination is not consummated within eighteen (18) months from the closing of the IPO, or such later date as may be approved by the
Company’s shareholders. 

  
 10 

 In the event of any termination of this Agreement pursuant to this Section 8, the
Forward Purchase Price (without the payment of interest thereon), if previously paid, and all Purchaser’s funds paid in connection herewith shall be promptly returned to the Purchaser, and thereafter this Agreement shall forthwith become null
and void and have no effect, without any liability on the part of the Purchaser or the Company and their respective directors, officers, employees, partners, managers, members, or shareholders and all rights and obligations of each party shall
cease; provided, however, that nothing contained in this Section 8 shall relieve either party from liabilities or damages arising out of any fraud or willful breach by such party of any of its representations,
warranties, covenants or agreements contained in this Agreement. 
 9. General Provisions. 

(a) Notices. All notices and other communications given or made pursuant to this Agreement shall be in writing and shall be deemed effectively given
upon the earlier of actual receipt, or (i) personal delivery to the party to be notified, (ii) when sent, if sent by electronic mail or facsimile (if any) during normal business hours of the recipient, and if not sent during normal
business hours, then on the recipient’s next Business Day, (iii) five (5) Business Days after having been sent by registered or certified mail, return receipt requested, postage prepaid, or (iv) one (1) Business Day after deposit with
a nationally recognized overnight courier, freight prepaid, specifying next Business Day delivery, with written verification of receipt. All communications sent to the Company shall be sent to: Integral Acquisition Corporation 1, 667 Madison Avenue,
New York, New York 10065, Attention: Enrique Klix (Chairman and Chief Executive Officer). All communications to the Purchaser shall be sent to the Purchaser’s address as set forth on the signature page hereof, or to such e-mail address, facsimile number (if any) or address as subsequently modified by written notice given in accordance with this Section 9(a). 

(b) No Finder’s Fees. Each party represents that it neither is nor will be obligated for any finder’s fee or commission in connection with
this transaction. The Purchaser agrees to indemnify and to hold harmless the Company from any liability for any commission or compensation in the nature of a finder’s or broker’s fee arising out of this transaction (and the costs and
expenses of defending against such liability or asserted liability) for which the Purchaser or any of its officers, employees or representatives is responsible. The Company agrees to indemnify and hold harmless the Purchaser from any liability for
any commission or compensation in the nature of a finder’s or broker’s fee arising out of this transaction (and the costs and expenses of defending against such liability or asserted liability) for which the Company or any of its officers,
employees or representatives is responsible. 
 (c) Survival of Representations and Warranties. All of the representations and warranties contained
herein shall survive the Forward Closing on the Forward Closing Date. 
 (d) Entire Agreement. This Agreement, together with any documents,
instruments and writings that are delivered pursuant hereto or referenced herein, constitutes the entire agreement and understanding of the parties hereto in respect of its subject matter and supersedes all prior understandings, agreements, or
representations by or among the parties hereto, written or oral, to the extent they relate in any way to the subject matter hereof or the transactions contemplated hereby. 

(e) Successors and Assigns. All of the terms, agreements, covenants, representations, warranties, and conditions of this Agreement are binding upon, and
inure to the benefit of and are enforceable by, the parties hereto and their respective successors and permitted assigns. Nothing in this Agreement, express or implied, is intended to confer upon any party other than the parties hereto or their
respective successors and assigns any rights, remedies, obligations or liabilities under or by reason of this Agreement as a third party beneficiary or otherwise, except as expressly provided in this Agreement. 

(f) Assignments. Except as otherwise specifically provided herein, no party hereto may assign either this Agreement or any of its rights, interests, or
obligations hereunder without the prior written approval of the other party hereto. 
 (g) Counterparts. This Agreement may be executed in any number
of counterparts, each of which will be deemed an original but all of which together will constitute one and the same instrument. This Agreement may be executed by signatures provided by facsimile, PDF or other electronic data delivery. 

  
 11 

 (h) Headings. The section headings contained in this Agreement are inserted for convenience only and
will not affect in any way the meaning or interpretation of this Agreement. 
 (i) Governing Law. This Agreement, the entire relationship of the
parties hereto, and any dispute between the parties (whether grounded in contract, tort, statute, law or equity) shall be governed by, construed in accordance with, and interpreted pursuant to the laws of the State of New York, without giving effect
to its choice of laws principles. 
 (j) Jurisdiction. The parties (i) hereby irrevocably and unconditionally submit to the exclusive
jurisdiction of the state courts of New York and to the jurisdiction of the United States District Court for the Southern District of New York for the purpose of any suit, action or other proceeding arising out of or based upon this Agreement,
(ii) agree not to commence any suit, action or other proceeding arising out of or based upon this Agreement except in state courts of New York or the United States District Court for the Southern District of New York, and (iii) hereby
waive, and agree not to assert, by way of motion, as a defense, or otherwise, in any such suit, action or proceeding, any claim that it is not subject personally to the jurisdiction of the above-named courts, that its property is exempt or immune
from attachment or execution, that the suit, action or proceeding is brought in an inconvenient forum, that the venue of the suit, action or proceeding is improper or that this Agreement or the subject matter hereof may not be enforced in or by such
court. 
 (k) WAIVER OF JURY TRIAL. THE PARTIES HERETO HEREBY WAIVE ANY RIGHT TO A JURY TRIAL IN CONNECTION WITH ANY LITIGATION PURSUANT TO THIS
AGREEMENT AND THE TRANSACTIONS CONTEMPLATED HEREBY. 
 (l) Amendments. This Agreement may not be amended, modified or waived as to any particular
provision except with the prior written consent of the Company and the Purchaser. 
 (m) Severability. The provisions of this Agreement will be deemed
severable and the invalidity or unenforceability of any provision will not affect the validity or enforceability of the other provisions hereof; provided, that if any provision of this Agreement, as applied to any party hereto or to any
circumstance, is adjudged by a governmental authority, arbitrator, or mediator not to be enforceable in accordance with its terms, the parties hereto agree that the governmental authority, arbitrator, or mediator making such determination will have
the power to modify the provision in a manner consistent with its objectives such that it is enforceable, and/or to delete specific words or phrases, and in its reduced form, such provision will then be enforceable and will be enforced and that
otherwise the parties shall modify the provision in such manner by mutual agreement in writing as an amendment or other modification to this Agreement pursuant to Section 9(l). 

(n) Expenses. Each of the Company and the Purchaser will bear its own fees, costs and expenses incurred in connection with the preparation, execution
and performance of this Agreement and the consummation of the transactions contemplated hereby, including all fees, costs and expenses of agents, representatives, financial advisors, legal counsel and accountants. The Company shall be responsible
for the fees of its transfer agent; stamp taxes and all of The Depository Trust Company’s fees associated with the issuance of the Forward Purchase Shares and the securities issuable upon conversion or exercise of the Forward Purchase Shares.

 (o) Construction. The parties hereto have participated jointly in the negotiation and drafting of this Agreement. If an ambiguity or question of
intent or interpretation arises, this Agreement will be construed as if drafted jointly by the parties hereto and no presumption or burden of proof will arise favoring or disfavoring any party hereto because of the authorship of any provision of
this Agreement. Any reference to any federal, state, local, or foreign law will be deemed also to refer to law as amended and all rules and regulations promulgated thereunder, unless the context requires otherwise. The words
“include,” “includes,” and “including” will be deemed to be followed by “without limitation.” Pronouns in masculine, feminine, and neuter genders will be construed to include any
other gender, and words in the singular form will be construed to include the plural and vice versa, unless the context otherwise requires. The words “this Agreement,” “herein,” “hereof,”
“hereby,” “hereunder,” and words of similar import refer to this Agreement as a whole and not to any particular subdivision unless expressly so limited. The parties hereto intend that each representation, warranty,
and covenant contained herein will have independent significance. If any party hereto has breached any representation, warranty, or covenant contained herein in any respect, the fact that /there exists another representation, warranty or covenant
relating to the same subject matter (regardless of the relative levels of specificity) which such party hereto has not breached will not detract from or mitigate the fact that such party hereto is in breach of the first representation, warranty, or
covenant. 

  
 12 

 (p) Waiver. No waiver by any party hereto of any default, misrepresentation, or breach of warranty or
covenant hereunder, whether intentional or not, may be deemed to extend to any prior or subsequent default, misrepresentation, or breach of warranty or covenant hereunder or affect in any way any rights arising because of any prior or subsequent
occurrence. 
 (q) Specific Performance. Each of the Purchaser and the Company agrees that irreparable damage may occur in the event any provision of
this Agreement was not performed by the Purchaser (on the part of the Company) or the Company (on the part of the Purchaser) in accordance with the terms hereof and that the Company or the Purchaser (as the case may be) shall be entitled to seek
specific performance of the terms hereof, in addition to any other remedy at law or equity, to protect its rights under this Agreement without the requirement to post a bond or other security or to prove that money damages would be inadequate. 

[Signature Page Follows] 

  
 13 

 IN WITNESS WHEREOF, the undersigned have executed this Agreement to be effective as of the date first
set forth above. 
  

			
	PURCHASER:
	
	CARNEGIE PARK CAPITAL LLC
		
	By:	 	
                     
    

		 	Name:
		 	Title:
	
	Address for notices:
	  

	  

	  

			
	Attention:	 	  

			
	
	COMPANY:
	
	INTEGRAL ACQUISITION CORPORATION 1
		
	By:	 	
                     
        

		 	Name:
		 	Title:

 Address for notices: 
 Integral
Acquisition Corporation 1 
 667 Madison Avenue 
 New York, New
York 10065 
 Attention: Enrique Klix (Chairman and CEO). 

[Signature Page to Forward Purchase Agreement] 

  
 14 

 TO BE EXECUTED UPON ANY ASSIGNMENT AND/OR REVISION IN ACCORDANCE WITH THIS AGREEMENT TO “NUMBER OF
FORWARD PURCHASE SHARES” AND “AGGREGATE PURCHASE PRICE FOR FORWARD PURCHASE SHARES” SET FORTH BELOW 
  

					
	 Number of Forward Purchase Shares: _____________
	  			
	 Aggregate Purchase Price for Forward Purchase Shares:
	  	$	 	 
		  	  
	  
	 

 Number of Forward Purchase Shares and Aggregate Purchase Price for Forward Purchase Shares as of [     ],
202[ ], accepted and agreed to as of [    ], 202[ ]. 
  

			
	[__________]
		
	By:	 	
                     

	Name:
	Title:
	
	Integral Acquisition Corporation 1
		
	By:	 	
                     

	Name:
	Title:

  
 15 

 SCHEDULE A 

SCHEDULE OF TRANSFERS OF FORWARD PURCHASE SHARES 

The following transfers of a portion of the original number of Forward Purchase Shares have been made: 

 

							
	 Date of

Transfer
	 	 Transferee
	 	 Number of
Forward Purchase
Shares
Transferred
	  	 Purchaser Revised
Forward Purchase Shares

Amount

 TO BE EXECUTED
UPON ANY ASSIGNMENT OR FINAL DETERMINATION OF FORWARD PURCHASE SHARES: 
 Schedule A as of , 202[ ], accepted and agreed to as of this day of , 202[ ]
by: 
  

									
	[__________]	  		  	Integral Acquisition Corporation 1
					
	By:	  	  
	  		  	By:	  	  

	Name:	  	  
	  		  	Name:	  	  

	Title:	  	  
	  		  	Title:	  	  

  
 16Document

Exhibit 10.1

ROMEO POWER, INC.
EXECUTIVE SEVERANCE AND CHANGE IN CONTROL PLAN
1.Purpose.  The purpose of this Romeo Power, Inc. Executive Severance and Change in Control Plan (the “Plan”) is to encourage employees of Romeo Power, Inc. (the “Company”) to remain in the employ of the Company and its Affiliates by providing severance protections to such employees in the event that their employment is terminated under the circumstances described in this Plan.  Nothing in this Plan shall be construed as creating an express or implied contract of employment and nothing shall alter the “at will” nature of the Participants’ employment with the Company or its Affiliates.  This Plan document also serves as the Summary Plan Description for the Plan.  All capitalized terms shall have the meanings ascribed to them in the Plan.   
2.Definitions.  The following terms shall be defined as set forth below: 
(a)“Administrator” means the Company’s board of directors or such committee of the Company’s board of directors that has been delegated administrative authority with respect to this Plan by the Company’s board of directors. 
(b)“Affiliate” means, with respect to any person or entity, any other person or entity that, directly or indirectly, through one or more intermediaries, controls, or is controlled by, or is under common control with, such person or entity.  For purposes of this definition, “control,” when used with respect to any person or entity, means the power to direct the management and policies of such person or entity, directly or indirectly, whether through ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing.
(c)“Cause” shall have the meaning ascribed to such term in the Company’s 2020 Long-Term Incentive Plan, as may be amended or restated from time to time. 
(d)“CEO Participant” means the Participant serving as the Company’s Chief Executive Officer as of immediately prior to his or her Separation Date (or the date on which a reduction of his or her title occurred without his or her consent).
(e)“Change in Control” shall have the meaning ascribed to such term in the Company’s 2020 Long-Term Incentive Plan, as may be amended or restated from time to time.
(f)“CIC Period” means that period commencing on the date that is three (3) months prior to a Change in Control and ending on the date that is twelve (12) months following a Change in Control.
(g)“CIC Severance Period” shall mean with respect to a Participant, the period beginning on the Participant’s Separation Date through the date occurring the applicable number of months thereafter as specified on Exhibit A.
(h)“COBRA” shall mean the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended. 
(i)“Code” shall mean the Internal Revenue Code of 1986, as amended. 

(j)“Covered Termination” shall mean a termination of the Participant’s employment (i) by the Participant for Good Reason, (ii) by the Company or one of its Affiliates (or any successor to the Company or one of its Affiliates) without Cause, (iii) due to the Participant’s death,  or (iv) by the Company of one of its Affiliates (or any successor to the Company or one of its Affiliates) due to the Participant’s Disability.  
(k)“Disability” shall mean a physical or mental condition under which the Participant is receiving benefits under the long-term disability plan of the Company or its Affiliates applicable to such Participant, and in the absence of such a plan, that the Participant is unable to perform the essential duties of the Participant’s position with the Company or its Affiliates for a period of 120 days (whether or not consecutive) in any consecutive 365-day period as determined by a physician acceptable to the Company. 
(l)“Eligible Executives” shall mean, as of the applicable measurement date, all individuals employed by the Company at the C-Suite level (as determined by the Administrator), and any other employee of the Company or one of its Affiliates expressly designated by the Administrator as an “Eligible Executive” for purposes of this Plan.
(m)“Equity Awards” shall mean a Participant’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares and performance stock units of the Company and any other Company equity compensation awards.  For purposes of this “Equity Award” definition, the term “Company” will be interpreted to include any Company Affiliate and any successor to the Company or any Company Affiliate.
(n)“ERISA” shall mean the Employee Retirement Income Security Act of 1974, as amended.
(o)“Good Reason” shall mean, with respect to any Participant, any one of the following that occurs without the consent of the Participant:  (i) a material reduction in the Participant’s duties, authority, or responsibilities relative to Participant’s duties, authority, or responsibilities as in effect immediately prior to such reduction; provided, however, that continued employment following a Change in Control with substantially the same responsibility with respect to the Company’s business and operations will not constitute a material reduction in title, duties, authority, or responsibilities, (ii) a material reduction in the Participant’s annual base salary, other than a reduction that occurs in connection with a Company-wide decrease in executive team compensation, (iii) a relocation of the Participant’s principal workplace by more than 50 miles that increases the Participant’s one way commute based on his or her residence as of immediately prior to the time that the relocation is announced by at least 50 miles, or (iv) the Company’s material breach of any written compensatory agreement as to which both the Company (or a Company Affiliate) and the Participant are parties; provided, however, that in each such case, the Participant must provide 90 days’ notice of the Participant’s intent to resign for Good Reason within 30 days after the Participant learns of a potential Good Reason trigger, and the resignation shall be for Good Reason only if the potential Good Reason trigger remains substantially uncured as of the specified date of resignation. 
(p)“Participant” shall mean an Eligible Executive who has satisfied all conditions of participation specified in this Plan.
(q)“Participation Agreement” shall mean an agreement between a Participant and the Company that acknowledges the Participant’s participation in the Plan. 
2

(r)“Separation Date” shall mean the date that a Participant’s employment with the Company (or any successor) or any of its Affiliates ends.  Notwithstanding the foregoing, a Participant’s employment shall not be deemed to have been terminated solely as a result of (i) the Participant becoming an employee of any direct or indirect successor to the business or assets of the Company, (ii) the Participant being transferred to, between or among Company Affiliates, or (iii) the sale by the Company or one of its Affiliates of the employing Affiliate of the Participant. 
(s)“Severance Period” shall mean, with respect to a Participant, the period beginning on the Participant’s Separation Date through the date that is the applicable number of months thereafter as specified on Exhibit A.
3.Administration of the Plan. 
(a)Administrator. The Plan shall be administered by the Administrator. 
(b)Powers of Administrator. Subject to the provisions of Section 21, the Administrator shall have all powers necessary to enable it properly to carry out its duties with respect to the complete control of the administration of the Plan.  Not in limitation, but in amplification of the foregoing, the Administrator shall have the power and authority in its discretion to: 
(i)construe the Plan to determine all questions that shall arise as to interpretations of the Plan’s provisions; 
(ii)determine which individuals are and are not Participants, the benefits to which any Participants may be entitled, the eligibility requirements for participation in the Plan and all other matters pertaining to the Plan; 
(iii)adopt amendments to the Plan which are deemed necessary or desirable to comply with all applicable laws and regulations, including but not limited to Section 409A of the Code and the guidance thereunder; 
(iv)make all determinations it deems advisable for the administration of the Plan, including the authority and ability to delegate administrative functions to a third party; 
(v)decide all disputes arising in connection with the Plan; 
(vi)in the event of an impending Change in Control, the Administrator may appoint a person (or persons) independent of the third-party effectuating the Change in Control to be the Administrator effective upon the occurrence of a Change in Control (which may be one or more members of the Company’s Board of Directors prior to such Change in Control) and such Administrator shall not be removed or modified following a Change in Control, other than at its own initiative (the “Independent Administrator”); and 
(vii)otherwise supervise the administration of the Plan. 
(c)If, due to errors in drafting, any Plan provision does not accurately reflect its intended meaning, as demonstrated by consistent interpretations or other evidence of intent (by the Company or the Administrator), or as determined by the Administrator in its sole and absolute discretion, the provision shall be considered ambiguous and shall be interpreted by the Administrator and all Plan representatives in a fashion consistent with its intent, as determined in the sole and 
3

absolute discretion of the Administrator, but in no event shall such interpretation result in a vesting of Plan benefits.
(d)All decisions and interpretations of the Administrator (including the Independent Administrator) shall be final and binding on all persons, including the Company and Participants; provided that in the event that no Independent Administrator is appointed, any determination after a Change in Control by the Administrator of whether “Cause” or “Good Reason” exists shall be subject to de novo review.
4.Participation.  All Eligible Executives who have executed and timely submitted to the Company a Participation Agreement shall become Participants in the Plan.  A Participation Agreement shall be timely submitted if returned to the Company by the deadline specified by the Administrator.  A Participation Agreement may set forth an end date for a Participant’s participation in the Plan, at which time a Participant automatically shall cease to be a Participant.
5.Termination Benefits Generally.  In the event that a Participant’s employment with the Company or one of its Affiliates is terminated for any reason, the Company shall (or shall use commercially reasonable efforts to cause the employing Affiliate to) pay or provide, to the extent applicable, to the Participant any earned but unpaid salary, unpaid expense reimbursements in accordance with the policy of the Company or the employing Affiliate, and accrued but unused vacation to the extent required by applicable law or Company policy, if any, within the time required by law but in no event more than 60 days after the Separation Date and the Participant shall remain entitled to any vested benefits the Participant may have under any employee benefit plan of the Company or its Affiliates in accordance with the terms and conditions of such employee benefit plan (collectively, the “Accrued Benefits”) 
6.Severance Benefits Upon a Covered Termination Not in Connection with a Change in Control. 
(a)If a Covered Termination occurs outside of the CIC Period with respect to a Participant, in addition to the Accrued Benefits, subject to his or her execution of a separation agreement in a form satisfactory to the Company containing, among other provisions, a general release of claims in favor of the Company and related persons and entities, confidentiality, return of property, non-disparagement and reaffirmation of the Participant’s post-termination restrictive covenants pursuant to any agreement entered into between the Participant and the Company or any Company Affiliate (the “Separation Agreement”) and the Separation Agreement becoming effective and irrevocable, all within the time period set forth in the Separation Agreement but in no event more than 60 days after the Separation Date, and subject to the Participant complying with the Separation Agreement (provided, however, that no Separation Agreement will be required in the event of a Covered Termination due to a Disability resulting from the Participant’s mental incapacity or the Participant’s death): 
(i)the Company shall (or shall use commercially reasonable efforts to cause the employing Affiliate to) pay the Participant his or her base salary in effect immediately prior to the Covered Termination for the duration of the Participant’s Severance Period;
(ii)provided the Participant timely elects continued coverage under COBRA, the Company shall (or shall use commercially reasonable efforts to cause the employing Affiliate to) reimburse the Participant in an amount equal to the Participant’s COBRA premiums sufficient to 
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continue group health insurance coverage for the Participant and any covered dependents, less the employee portion of such coverage in effect as of the Separation Date, until the sooner of (A) the end of the Participant’s Severance Period; (B) the date the Participant is no longer eligible for COBRA coverage; or (C) the date the Participant becomes eligible for health insurance coverage through another employer; and
(iii)with respect to the CEO Participant, the Company shall (or shall use commercially reasonable efforts to cause the employing Affiliate to) pay the CEO Participant an amount equal to the greater of (A) the projected amount of the CEO Participant's annual bonus for the fiscal year in which the Covered Termination occurs based on actual performance through the termination date or (B) the CEO Participant’s target bonus amount for such fiscal year. 
(b)Subject to Section 9 and Section 12 below, the cash severance payable pursuant to Section 6(a)(i) shall be paid out in substantially equal installments in accordance with the Company’s (or the applicable Company Affiliate’s) payroll practices over the Severance Period, commencing within 70 days after the Separation Date following the date on which the Separation Agreement becomes effective and irrevocable and the cash severance payable to the CEO Participant pursuant to Section 6(a)(ii) shall be paid in a lump sum within  70 days after the Separation Date following the date on which the Separation Agreement becomes effective and irrevocable; provided, however, if Section 409A of the Code applies to such payments and the 60-day release consideration period begins in one calendar year and ends in a second calendar year, the severance shall begin to be paid in the second calendar year by the last day of such 60-day release consideration period; and provided further, that the initial payment shall include a catch-up payment to cover amounts retroactive to the day immediately following the Separation Date.
(c)If a Participant’s employment is terminated in any circumstance outside of the CIC Period other than as a result of a Covered Termination, the Participant will not be entitled to any compensation or benefits under this Plan other than the Accrued Benefits.
7.Severance Benefits Upon a Covered Termination in Connection with a Change in Control. 
(a)If a Covered Termination occurs within the CIC Period with respect to a Participant, in addition to the Accrued Benefits, subject to his or her execution of a Separation Agreement and the Separation Agreement becoming effective and irrevocable, all within the time period set forth in the Separation Agreement but in no event more than 60 days after the Separation Date, and subject to the Participant complying with the Separation Agreement (provided, however, that no Separation Agreement will be required in the event of a Covered Termination due to a Disability resulting from the Participant’s mental incapacity or the Participant’s death): 
(i)the Company shall (or shall use commercially reasonable efforts to cause the employing Affiliate to) pay the Participant a lump sum amount equal to his or her base salary in effect immediately prior to the Covered Termination for the number of months in the CIC Severance Period; 
(ii)the Company shall (or shall use commercially reasonable efforts to cause the employing Affiliate to) pay the Participant a lump sum amount equal to the greater of (A) the projected amount of the Participant's annual bonus for the fiscal year in which the Covered Termination occurs based on actual performance through the termination date or (B) the Participant’s target bonus amount for such fiscal year; 
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(iii)all of such Participant’s outstanding (as of immediately prior to the Covered Termination, but subject to any maximum term) Equity Awards shall vest in full; provided, however, if vesting is otherwise based on satisfaction of performance objectives, such objectives shall be deemed satisfied at the greater of actual performance measured as of the date of termination or 100% of target; and 
(iv)provided the Participant timely elects continued coverage under COBRA, the Company shall (or shall use commercially reasonable efforts to cause the employing Affiliate to) reimburse the Participant in an amount equal to the Participant’s COBRA premiums sufficient to continue group health insurance coverage for the Participant and any covered dependents, less the employee portion of such coverage in effect as of the Separation Date, until the sooner of (A) the end of the Participant’s CIC Severance Period; (B) the date the Participant is no longer eligible for COBRA coverage; or (C) the date the Participant becomes eligible for health insurance coverage through another employer. 
(b)Subject to Section 9 and Section 12 below, the severance benefits payable pursuant to Section 7(a) (i) and (ii) shall be paid within 70 days after the Separation Date following the date on which the Separation Agreement becomes effective and irrevocable; provided, however, if Section 409A of the Code applies to such payment and the 60-day period begins in one calendar year and ends in a second calendar year, the severance shall be paid in the second calendar year by the last day of such 60-day period.
(c)If a Participant’s employment is terminated in any circumstance during the CIC Period other than as a result of a Covered Termination, the Participant will not be entitled to any compensation or benefits under this Plan other than the Accrued Benefits.
(d)Severance benefits under this Section 7 are not meant to duplicate severance benefits received under Section 6, and will be offset for any prior amounts or benefits previously received by the Participant pursuant to Section 6.
8.Withholding.  All payments made pursuant to this Plan shall be subject to any tax or other amounts required to be withheld by the Company or an Affiliate of the Company under applicable law. 
9.Section 409A. 
(a)The payments under this Plan are intended to comply with or be exempt from Section 409A of the Code and, accordingly, to the maximum extent permitted, this Plan shall be interpreted to be in compliance therewith.  Notwithstanding any provision of this Plan to the contrary, in the event that the Administrator determines that any amounts payable hereunder will be subject to Section 409A of the Code, the Administrator may (without any obligation to do so or to indemnify the Participant for failure to do so) (i) adopt such amendments to this Plan or adopt such other policies and procedures (including amendments, policies and procedures with retroactive effect) that it determines to be necessary or appropriate to preserve the intended tax treatment of the benefits provided by this Plan, to preserve the economic benefits of this Plan and/or (ii) take such other actions it determines to be necessary or appropriate to exempt the amounts payable hereunder from Section 409A of the Code or to comply with the requirements of Section 409A of the Code and thereby avoid the application of penalty taxes thereunder.  Each payment pursuant to this Plan is intended to constitute a separate payment for purposes of Treasury Regulation Section 1.409A-2(b)(2).
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(b)To the extent that any payment or benefit described in this Plan constitutes “non-qualified deferred compensation” under Section 409A of the Code, and to the extent that such payment or benefit is payable upon the Participant’s termination of employment, then such payments or benefits shall be payable only upon the Participant’s “separation from service” within the meaning of Section 409A of the Code.  The determination of whether and when a separation from service has occurred shall be made in accordance with the presumptions set forth in Treasury Regulation Section 1.409A-1(h).
(c)Anything in this Plan to the contrary notwithstanding, if at the time of a Participant’s “separation from service” within the meaning of Section 409A of the Code, the Company determines that the Participant is a “specified employee” within the meaning of Section 409A(a)(2)(B)(i) of the Code, then to the extent any payment or benefit that the Participant becomes entitled to under this Plan would be considered deferred compensation subject to the twenty percent (20%) additional tax imposed pursuant to Section 409A(a) of the Code as a result of the application of Section 409A(a)(2)(B)(i) of the Code, such payment shall not be payable and such benefit shall not be provided until the date that is the earlier of (i) six (6) months and one (1) day after the Participant’s separation from service, or (ii) the Participant’s death.  If any such delayed cash payment is otherwise payable on an installment basis, the first payment shall include a catch-up payment covering amounts that would otherwise have been paid during such period but for the application of this provision, and the balance of the installments shall be payable in accordance with their original schedule.
(d)Any reimbursement provided hereunder shall be provided in accordance with the Company’s standard expense reimbursement procedures, but in no event later than the end of the calendar year following the calendar year in which the applicable expense was incurred.
(e)The Company makes no representation or warranty and shall have no liability to the Participant or any other person if any provisions of this Plan are determined to constitute deferred compensation subject to Section 409A of the Code but do not satisfy an exemption from, or the conditions of, such Section. 
10.Limitation on Payments. In the event that the severance and other benefits provided for under this Plan or otherwise payable to a Participant (i) constitute “parachute payments” within the meaning of Section 280G of the Code, and (ii) but for this Section 10, would be subject to the excise tax imposed by Section 4999 of the Code, then the Participant’s benefits under this Plan will be either:
(a)delivered in full, or
(b)delivered as to such lesser extent which would result in no portion of such benefits being subject to excise tax under Section 4999 of the Code, whichever of the foregoing amounts, taking into account the applicable federal, state and local income taxes and the excise tax imposed by Section 4999, results in the receipt by the Participant on an after-tax basis of the greatest amount of benefits, notwithstanding that all or some portion of such benefits may be taxable under Section 4999 of the Code.  If a reduction in severance and other benefits constituting “parachute payments” is necessary so that benefits are delivered to a lesser extent, reduction will occur in the following order: (i) reduction of cash payments; (ii) cancellation of awards granted “contingent on a change in ownership or control” (within the meaning of Section 280G of the Code); (iii) cancellation of accelerated vesting of Equity Awards; and (iv) reduction of employee benefits.  In the event that acceleration of vesting of Equity Award compensation is to be reduced, such acceleration of vesting will be cancelled in the reverse order of the date of grant of the Participant’s Equity Awards.
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Any determination required under this Section 10 will be made in writing by the Company’s independent public accountants immediately prior to a Change in Control, the Company’s legal advisors immediately prior to a Change in Control or such other person or entity to which the parties mutually agree (the “Firm”), whose determination will be conclusive and binding upon the Participant and the Company.  For purposes of making the calculations required by this Section 10, the Firm may make reasonable assumptions and approximations concerning applicable taxes and may rely on reasonable, good faith interpretations concerning the application of Sections 280G and 4999 of the Code.  The Company and the Participant will furnish to the Firm such information and documents as the Firm may reasonably request in order to make a determination under this Section 10.  The Company will bear all costs the Firm may incur in connection with any calculations contemplated by this Section 10.
11.Notice and Date of Termination.  Any notices, requests, demands, and other communications provided for by this Plan shall be sufficient if in writing and delivered in person or sent by registered or certified mail, postage prepaid, to a Participant at the last known address as set forth in the Company’s records, or to the Company as follows:
Romeo Power, Inc.
4380 Ayers Avenue
Vernon, CA  90058
Attention:  General Counsel
legal@romeopower.com

12.No Mitigation; Indebtedness.  The Participant is not required to seek other employment or to attempt in any way to reduce any amounts payable to the Participant by the Company under this Plan.  Subject to compliance with Section 409A of the Code and other applicable law, if a Participant is indebted to the Company or any of its Affiliates as of his or her Separation Date, the Company and its Affiliates reserve the right to offset any severance payments under the Plan by the amount of such indebtedness.
13.No Required Benefits Funding .   When benefits are due pursuant to the Plan, they will be paid on an unfunded basis from the general assets of the Company or the employing Affiliate.  The Company is not required to establish a trust to fund the Plan.  In all instances, a Participant shall have no greater claim than a general unsecured creditor of the Company or, if employed by an Affiliate of the Company, than of a general unsecured creditor of that employing Affiliate.
14.Successors and Assigns.  This Plan shall inure to the benefit of and be binding upon the Company and the Participants, and, to the extent relevant, their respective successors, executors, administrators, heirs and permitted assigns.  In the event of a Participant’s death or Disability after a Covered Termination but prior to the completion by the Company of all payments due to him or her under this Plan, the Company shall continue such payments to the Participant’s beneficiary designated in writing to the Company prior to his or her death (or to his or her estate, if the Participant fails to make such designation).
15.Enforceability.  If any portion or provision of this Plan shall to any extent be declared illegal or unenforceable by a court of competent jurisdiction, then the remainder of this Plan, or the application of such portion or provision in circumstances other than those as to which it is so declared illegal or unenforceable, shall not be affected thereby, and each portion and provision of this Plan shall be valid and enforceable to the fullest extent permitted by law. 
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16.Reimbursement for Expenses.  If any contest or dispute shall arise under this Plan involving termination of a Participant’s employment with the Company or the employing Affiliate or involving the failure or refusal of the Company or the employing Affiliate to perform fully in accordance with the terms hereof, the Company shall reimburse the Participant, on a current basis, for all reasonable legal fees and expenses, if any, incurred by the Participant in connection with such contest or dispute (regardless of the result thereof), together with interest in an amount equal to ten percent (10%)  from time to time in effect, but in no event higher than the maximum legal rate permissible under applicable law, such interest to accrue from the date that is thirty (30) days after the Company receives the Participant's statement for such fees and expenses through the date of payment thereof.
17.Waiver.  No waiver of any provision hereof shall be effective unless made in writing and signed by the waiving party.  The failure of any party to require the performance of any term or obligation of this Plan, or the waiver by any party of any breach of this Plan, shall not prevent any subsequent enforcement of such term or obligation or be deemed a waiver of any subsequent breach. 
18.Non-Duplication of Benefits and Effect on Other Plans.  Notwithstanding any other provision in the Plan to the contrary, the benefits provided hereunder are not intended to be paid in addition to other severance-type benefits provided by the Company or any affiliate of the Company (such as statutory termination entitlements, employment contract termination benefits, or any severance benefits provided in an offer letter or employment agreement or otherwise) or any amounts due under any law that requires notice of termination of employment (such as the Worker Adjustment and Retraining Notification Act (WARN Act) and any similar applicable law).  To the extent that a Participant becomes eligible for such other pay or benefits, and to the extent permitted by applicable law, the benefits provided pursuant to the Plan will be offset and reduced by the amount of such category of other pay or benefits or, alternatively, Plan benefits previously paid or provided to the Participant will be treated as having been paid or provided to satisfy such category of other pay or benefit obligations, in all cases as administered by the Administrator; provided, however, that the Participant shall receive at least 10 days’ written notice of any proposed offset (except that offsets set forth in Section 7(d) shall not require any prior notice).
19.No Contract of Employment.  Nothing in this Plan shall be construed as giving any Participant any right to be retained in the employ of the Company or any of its Affiliates or shall affect the terms and conditions of a Participant’s employment with the Company or any of its Affiliates. 
20.Amendment or Termination of Plan.  The Company may amend or terminate this Plan at any time or from time to time, but no such action shall adversely affect the rights of any Participant without the Participant’s written consent (which the Participant may withhold for any or no reason).  This provision shall survive any purported amendment or termination of the Plan which would adversely affect the rights of the Participant and to which the Participant has not consented.  
21.Governing Law.  To the extent not governed by U.S. federal law, this Plan shall be construed under and be governed in all respects by the laws of the State of Delaware, without giving effect to the conflict of laws principles.
22.Obligations of Successors.  In addition to any obligations imposed by law or contract upon any successor to the Company, any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) shall expressly assume and agree to perform this Plan in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place.
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23.Effective Date.  This Plan shall become effective as of August 30, 2021.
24.Other Plan Information .  This Plan is designed to be an “employee welfare benefit plan,” as defined in Section 3(1) of ERISA.  This Plan also is designed to be a “top hat” welfare benefit plan under Section 104(a)(3) of ERISA and, if ever considered a “pension plan,” it shall be a top hat pension plan.  If this Plan is ever determined to be a non-top hat “pension plan” rather than a “welfare plan,” the Plan shall retroactively terminate as of its adoption and no individual shall have any rights with respect to the Plan.
(a)The Employer Identification Number assigned to the Company (which is the “Plan Sponsor” as that term is used in ERISA) by the Internal Revenue Service is 83-2289787.  The Plan Number assigned to the Plan by the Plan Sponsor pursuant to the instructions of the Internal Revenue Service is 510.
(b)The Plan year is the calendar year.
(c)The agent for the service of legal process with respect to the Plan is the General Counsel, c/o Romeo Power, Inc., 4380 Ayers Avenue, Vernon, CA  90058.  The service of legal process may also be made on the Plan by serving the Plan Administrator.
(d)The “Plan Sponsor” of the Plan is Romeo Power, Inc.  Each of the Plan Sponsor and the Administrator can be reached by contacting the Company in writing 4380 Ayers Avenue, Vernon, CA  90058, Attention:  General Counsel and by telephone at (833) 467-2237. The Administrator is the named fiduciary charged with the responsibility for administering the Plan; however, because the plan is a top-hat plan, it has no fiduciary duties with respect to the Plan.
25.ERISA Rights .  Participants in this Plan are entitled to certain rights and protections under ERISA if the participant is employed in the United States.  Participants in are entitled to:
(a)Examine, without charge, at the Administrator’s office and at other specified locations, such as work sites, all Plan documents and copies of all documents filed by the Plan with the U.S. Department of Labor;
(b)Obtain copies of all Plan documents and Plan information upon written request to the Administrator. The Administrator may make a reasonable charge for the copies; and
(c)Receive a summary of the Plan’s annual financial report, in the case of a plan which is required to file an annual financial report with the Department of Labor. 
(d)In addition to creating rights for Plan participants, ERISA imposes duties upon the people responsible for the operation of the employee benefit plan. The people who operate the Plan, called “fiduciaries” of the Plan, have a duty to do so prudently and in the interest of each Plan Participant and beneficiary.
No one, including the Company, any employing Affiliate or any other person, may fire a Participant or otherwise discriminate against a Participant in any way to prevent a Participant from obtaining a Plan benefit or exercising his or her rights under ERISA.  If a Participant’s claim for a Plan benefit is denied in whole or in part, the Participant must receive a written explanation of the reason for the denial.  A Participant has the right to have the Administrator review and reconsider the Participant’s claim.
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Under ERISA, there are steps a Participant can take to enforce the above rights. For instance, if a Participant requests materials from the Plan and does not receive them within 30 days, the Participant may file suit in a U.S. federal court.  In such a case, the court may require the Plan Administrator to provide the materials and pay the Participant up to $110, as periodically adjusted, a day until the Participant receives the materials, unless the materials were not sent because of reasons beyond the control of the Administrator.  If a Participant has a claim for benefits that is denied or ignored, in whole or in part, the Participant may file suit in a U.S. state or U.S. federal court.  If it should happen that the Plan fiduciaries misuse the Plan’s money, or if a Participant is discriminated against for asserting his or her rights, the Participant may seek assistance from the U.S. Department of Labor, or the Participant may file suit in a U.S. federal court.  The court will decide who should pay court costs and legal fees.  If the Participant is successful, the court may order the person that the Participant has sued to pay these costs and fees.  If the Participant loses, the court may order the Participant to pay these costs and fees, for example, if it finds that the claim is frivolous.
If a Participant has any questions about the Plan, the Participant should contact the Administrator.  If a Participant has any questions, about his or her rights under ERISA, the Participant should contact the nearest area office of the U.S. Employee Benefits Security Administration, U.S. Department of Labor, listed in his or her telephone directory or the Division of Technical Assistance and Inquires, Employee Benefits Security Administration, U.S. Department of Labor, 200 Constitution Avenue N.W., Washington, D.C. 20210.  A Participant may also obtain certain publications about his or her rights and responsibilities under ERISA by calling the publications hotline of the U.S. Employee Benefits Security Administration.
26.Claims Procedure .  If a Participant or his or her beneficiary feels that he or she has not received the Plan benefits that he or she is entitled to receive, the Participant must file a written claim with the Administrator within six months of the Participant’s termination date.  Any claim filed after such date will be untimely.  The Administrator will review the claim and notify the Participant of its decision in writing within 90 days after the Administrator receives the claim, unless the Administrator determines that special circumstances require an extension of time for processing the claim.  If the Administrator determines that an extension of time for processing is required, written notice of the extension shall be furnished to the Participant prior to the termination of the initial 90-day period.  Any such extension may be for up to 90 days from the end of such initial period.  The extension notice shall indicate the special circumstances requiring an extension of time and the date by which the Plan representative expects to render the benefit determination.
If the Plan Administrator denies a claim, in whole or in part, the Plan Administrator’s notice will set forth:
●    The specific reason(s) for the denial;
●    The Plan provision(s) on which the denial is based;
●    A description of any material or information necessary for the Participant to perfect the claim, and an explanation of why such material or information is necessary; and
●    A description of the Plan’s claim review procedures and the time limits applicable to such procedures, including a statement of the Participant’s right to bring a civil action under Section 502(a) of ERISA following an adverse benefit determination on review.
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If a Participant or his or her beneficiary feels the denial of the claim is improper, the Participant or his or her duly authorized representative must file a written request for a full review of the claim.  A request for review must be filed with the Plan Administrator within 60 days after the Participant receives the notice of denial and should set forth all of the grounds upon which it is based, all facts in support of the request, and any other matters the Participant or his or her representative deems pertinent.  The Participant may submit any written comments, documents, records, and other information relating to the claim for benefits that the Participant wishes.  The Plan Administrator will give the Participant, or his or her representative, upon request and free of charge, reasonable access to, and copies of, all documents, records, and other information relevant to the Participant’s claim for benefits.  Any such review shall take into account all comments, documents, records, and other information submitted by the Participant relating to the claim, without regard to whether such information was submitted or considered in the initial benefit determination.
The Plan Administrator will furnish the Participant with a final written decision within 60 days after receipt of the request for review, unless the Plan Administrator determines that special circumstances require an extension of time for processing the claim.  If the Plan Administrator determines that an extension of time for processing is required, written notice of the extension shall be furnished to the Participant prior to the termination of the initial 60-day period.  Any such extension may be for up to 60 days from the end of the initial period.  The extension notice shall indicate the special circumstances requiring an extension of time and the date by which the plan expects to render the determination on review.
If the Plan Administrator denies a claim on review, in whole or in part, the Plan Administrator’s notice will set forth:
●    The specific reason(s) for the denial;
●    The Plan provision(s) on which the denial is based;
●    A statement that the Participant is are entitled to receive, upon request and free of charge, reasonable access to, and copies of, all documents, records, and other information relevant to the Participant’s claim for benefits; and
●    A statement of the Participant’s right to bring a civil action under Section 502(a) of ERISA.
If the claim is denied on review and the Participant wishes to file a lawsuit, the Participant must do so within six months of the date the claim was denied on review.  Any lawsuit filed after such date will be untimely.  In any event, the Participant must timely exhaust the Plan’s claims procedures set forth above before filing a lawsuit to recover Plan benefits.  Notwithstanding anything to the contrary, claims and appeals shall be handled in accordance with the United States Department of Labor’s claims procedure regulations, currently set forth in Sections 2560.503-1 et seq. of Title 29 of the Code of Federal Regulations, which are incorporated by reference.
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EXHIBIT A
Severance Period:
CEO Participant:  12 months
Other Executive Officer Participants:  12 months
Other non-Executive Officer Participants: 6 months 

CIC Severance Period:
CEO Participant:  18 months
Other Executive Officer Participants:  12 months
Other non-Executive Officer Participants: 12 months

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