Document:

Exhibit 10.6

 

THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”). THIS NOTE HAS
BEEN ACQUIRED FOR INVESTMENT ONLY AND MAY NOT BE SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF REGISTRATION OF THE RESALE THEREOF
UNDER THE SECURITIES ACT OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY IN FORM, SCOPE AND SUBSTANCE TO THE MAKER THAT SUCH REGISTRATION
IS NOT REQUIRED.

 

PROMISSORY NOTE

 

December 11, 2020

 

	$300,000	 
	No. A-1	 

 

Broadscale Acquisition Corp. (the “Maker”)
promises to pay to the order of Nokomis ESG Sponsor, LLC or its designee (collectively, the “Payee”) the principal
sum of up to Three Hundred Thousand ($300,000) in lawful money of the United States of America, on the terms and conditions described
below.

 

		1.	Principal. The principal balance of this Note shall
be repayable on earlier of (the “Maturity Date”) (a) the date on which Maker consummates its initial public
offering (“IPO”) and (b) March 31, 2021.

 

		2.	Interest. This Note shall bear no interest.

 

		3.	Application of Payments. All payments shall be applied
first to payment in full of any costs incurred in the collection of any sum due under this Note, including (without limitation)
reasonable attorneys’ fees, then to the payment in full of any late charges and finally to the reduction of the unpaid principal
balance of this Note.

 

		4.	Events of Default. The following shall constitute
Events of Default:

 

(a)  Failure
to Make Required Payments. Failure by Maker to pay the principal of, or other payments on, this Note within five (5) business
days following the date when due.

 

		5.	Remedies. Upon the occurrence of an Event of Default
specified in Section 4(a), Payee may, by written notice to Maker, declare this Note to be due and payable, whereupon the principal
amount of this Note, and all other amounts payable under this Note, shall become immediately due and payable without presentment,
demand, protest or other notice of any kind, all of which are hereby expressly waived, anything contained herein or in the documents
evidencing the same to the contrary notwithstanding.

 

		6.	Waivers. Maker and all endorsers and guarantors
of, and sureties for, this Note waive presentment for payment, demand, notice of dishonor, protest, and notice of protest with
regard to this Note, all errors, defects and imperfections in any proceedings instituted by Payee under the terms of this Note,
and all benefits that might accrue to Maker by virtue of any present or future laws exempting any property, real or personal,
or any part of the proceeds arising from any sale of any such property, from attachment, levy or sale under execution, or providing
for any stay of execution, exemption from civil process, or extension of time for payment; and Maker agrees that any real estate
that may be levied upon pursuant to a judgment obtained by virtue hereof, on any writ of execution issued hereon, may be sold
upon any such writ in whole or in part in any order desired by Payee.

 

		7.	Unconditional Liability. Maker hereby waives all
notices in connection with the delivery, acceptance, performance, default, or enforcement of the payment of this Note, and agrees
that its liability shall be unconditional, without regard to the liability of any other party, and shall not be affected in any
manner by any indulgence, extension of time, renewal, waiver or modification granted or consented to by Payee, and consents to
any and all extensions of time, renewals, waivers, or modifications that may be granted by Payee with respect to the payment or
other provisions of this Note, and agrees that additional makers, endorsers, guarantors, or sureties may become parties hereto
without notice to them or affecting their liability hereunder.

 

    

     

    

 

		8.	Notices. Any notice called for hereunder shall be
deemed properly given if (i) sent by certified mail, return receipt requested, (ii) personally delivered, (iii) dispatched by
any form of private or governmental express mail or delivery service providing receipted delivery, (iv) sent by facsimile or (v)
sent by e-mail, to the following addresses or to such other address as either party may designate by notice in accordance with
this Section:

 

If to Maker:

 

Broadscale Acquisition Corp.

1845 Walnut Street, Suite 1111

Philadelphia, PA 19103

Attention: Jeffrey F. Brotman

Email: jbrotman@hepcollc.com

 

  If
to Payee:

 

Nokomis ESG Sponsor, LLC

1845 Walnut Street, Suite 1111

Philadelphia, PA 19103

Attention: Corey Cannon

Email: ccannon@hepcollc.com

 

Notice shall be deemed given on the earlier of (i) actual receipt
by the receiving party, (ii) the date shown on a telefacsimile transmission confirmation, (iii) the date on which an e-mail transmission
was received by the receiving party’s on-line access provider, (iv) the date reflected on a signed delivery receipt, or (vi) two
(2) business days following tender of delivery or dispatch by express mail or delivery service.

 

		9.	Construction. THIS
NOTE SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICT OF LAW PROVISIONS
THEREOF.

 

		10.	Severability. Any provision contained in this Note
which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such
prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability
in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

 

		11.	Trust Waiver. Notwithstanding anything herein to
the contrary, the Payee hereby waives any and all right, title, interest or claim of any kind (“Claim”) in
or to any distribution of the trust account (other than interest income earned on such trust account) in which will be deposited
the proceeds of Maker’s IPO and the proceeds of the sale of the securities issued in a private placement to be consummated
concurrently with the completion of the Maker’s IPO, and hereby agrees not to seek recourse, reimbursement, payment or satisfaction
for any Claim against the trust account (other than interest income earned on such trust account) for any reason whatsoever.

 

		12.	Amendment; Waiver. Any amendment hereto
or waiver of any provision hereof may be made with, and only with, the written consent of the Maker and the Payee.

 

		13.	Assignment. No assignment or transfer of this Note
or any rights or obligations hereunder may be made by any party hereto (by operation of law or otherwise) without the prior written
consent of the other party hereto and any attempted assignment without the required consent shall be void.

 

[Signature Page Follows]

 

    2

     

    

 

IN WITNESS WHEREOF, Maker, intending to
be legally bound hereby, has caused this Note to be duly executed the day and year first above written.

 

	 	BROADSCALE ACQUISITION CORP. 
	 	 	 
	 	By:	 /s/ John P. Hanna

	 	Name:	 John P. Hanna
		Title:	Executive Vice President and

        Chief Financial Officer

 

[Signature Page – Promissory Note
Pre-IPO]Exhibit 10.7

 

BROADSCALE ACQUISITION CORP.

1845 Walnut Street, Suite 1111

Philadelphia, PA 19103

 

, 2021

 

[-------------------]

[2929 Arch Street, Suite 1703

Philadelphia, PA 19104]

 

Re: Administrative
Services Agreement

 

Gentlemen:

 

This letter agreement by and between Broadscale
Acquisition Corp. (the “Company”) and [------] (“Provider”), dated as of the date hereof, will confirm
our agreement that, commencing on the date the securities of the Company are first listed on the Nasdaq Capital Market (the “Listing
Date”), pursuant to a Registration Statement on Form S-1 and prospectus filed with the Securities and Exchange Commission
(the “Registration Statement”) and continuing until the earlier of the consummation by the Company of an initial business
combination or the Company’s liquidation (in each case as described in the Registration Statement) (such earlier date hereinafter
referred to as the “Termination Date”):

 

(i) Provider
or one of its affiliates shall make available to the Company, at [1845 Walnut Street, Philadelphia, PA (or any successor location
of Provider or its affiliates), certain office space, utilities, secretarial support and administrative services as may be reasonably
requested by the Company. In exchange therefor, the Company shall pay Provider the sum of $20,000 per month on the Listing Date
and continuing monthly thereafter until the Termination Date; and

 

(ii) Provider
hereby irrevocably waives any and all right, title, interest, causes of action and claims of any kind (each, a “Claim”)
in or to, and any and all right to seek payment of any amounts due to it out of, the trust account established for the benefit
of the public stockholders of the Company and into which substantially all of the proceeds of the Company’s initial public
offering will be deposited (the “Trust Account”), and hereby irrevocably waives any Claim it may have in the future
as a result of, or arising out of, this letter agreement, which Claim would reduce, encumber or otherwise adversely affect the
Trust Account or any monies or other assets in the Trust Account, and further agrees not to seek recourse, reimbursement, payment
or satisfaction of any Claim against the Trust Account or any monies or other assets in the Trust Account for any reason whatsoever.

 

This letter agreement may not be amended,
modified or waived as to any particular provision, except by a written instrument executed by the parties hereto.

 

No party hereto may assign either this letter
agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the other party. Any
purported assignment in violation of this paragraph shall be void and ineffectual and shall not operate to transfer or assign any
interest or title to the purported assignee.

 

This letter agreement, the entire relationship
of the parties hereto, and any litigation 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 Commonwealth of Pennsylvania, without
giving effect to its choice of laws principles.

 

[Signature pages follows]

 

     

     

    

  

	Very truly yours,	 
	 	 
	BROADSCALE ACQUISITION CORP. 	 
	 	 
	By:	 	 	 
	 	Name:	     	 
	 	Title:	 	 

 

[Signature Page to Administrative Services
Agreement]

 

     

     

    

 

AGREED TO AND ACCEPTED BY:

 

[----------------------]

 

	By:	 	 	 
	 	Name:	 	 
	 	Title:	 	 

 

 

[Signature Page to Administrative Services
Agreement]

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