Document:

Exhibit
10.135

 

NEITHER
THIS NOTE NOR THE SECURITIES THAT MAY BE ISSUED BY THE COMPANY UPON CONVERSION HEREOF (COLLECTIVELY, THE “SECURITIES”) HAVE
BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE”1933 ACT”), OR THE SECURITIES LAWS OF ANY STATE OR OTHER
JURISDICTION. NEITHER THE SECURITIES NOR ANY INTEREST OR PARTICIPATION THEREIN MAY BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED:
(I) IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER THE 1933 ACT, OR APPLICABLE STATE SECURITIES LAWS;
OR (II) IN THE ABSENCE OF AN OPINION OF COUNSEL, IN A FORM ACCEPTABLE TO THE ISSUER,THAT REGISTRATION IS NOT REQUIRED UNDER THE 1933
ACT, (III) MAY BE TRANSFERRED WITHOUT LIMITATION TO AN AFFILIATE OF THE HOLDER OR; (IV) UNLESS SOLD, TRANSFERRED OR ASSIGNEDPURSUANT
TO RULE 144 UNDER THE 1933 ACT.

 

2%
CONVERTIBLE PROMISSORY NOTE

 

	$650,000.00	New York, NY

 

MATURITY
DATE OF JUNE 21, 2022 THE “MATURITY DATE”

DECEMBER 27, 2021 ‘THE “ISSUANCE DATE”

 

FOR
VALUE RECEIVED, Clean Energy Technologies, Inc., a Nevada Corporation (the “Company”) doing business in Costa Mesa, CA, hereby
promises to pay to the order of Universal Scope Inc., a company incorporated in the British Virgin Islands under with registered number
440456 and an accredited investor or its assigns (the “Holder”), the principal amount (the “Principal Amount”)
of Six Hundred Fifty Thousand ($650,000) dollars (“Note”), at any time on or before June 21, 2022 (the “Maturity Date”),
and to pay interest on the unpaid principal balance hereof at the rate of Two Percent (2%) per annum (the “Interest Rate”)
commencing on the date hereof (the “Issuance Date”). The Company hereby acknowledges receipt of the Principal Amount from
Holder.

 

1.
Payments of Principal and Interest.

 

a.
Pre-payment Payment of Principal and Interest. The Company may pre-pay principal or interest on this Note at any time prior to the
Maturity Date, without penalty.

 

b.
Interest. This Note shall bear interest (“Interest”) at the rate of Two Percent (2%) per annum from the Issuance Date
until the same is paid in full, or otherwise converted in accordance with Section 2 below, and the Holder, at the Company’s sole
discretion, may include any accrued but unpaid Interest in the Conversion Amount. Interest shall commence accruing on the Issuance Date,
shall be computed on the basis of a 365-day year and the actual number of days elapsed and shall accrue daily and. Upon an Event of Default,
as defined in Section 10 below, the Interest Rate shall increase to Eight Percent (8%) per annum for so long as the Event of Default
is continuing (“Default Interest”).

 

    	1

     

    

 

c.
General Payment Provisions. This Note shall be paid in lawful money of the United States of America by check or wire transfer to
such account as the Holder may from time to time designate by written notice to the Company in accordance with the provisions of this
Note. Whenever any amount expressed to be due by the terms of this Note is due on any day which is not a Business Day (as defined below),
the same shall instead be due on the next succeeding day which is a Business Day and, in the case of any interest payment date which
is not the date on which this Note is paid in full, the extension of the due date thereof shall not be taken into account for purposes
of determining the amount of interest due on such date. For purposes of this Note, “Business Day” shall mean any day other
than a Saturday, Sunday or a day on which commercial banks in the State of New York are authorized or required by law or executive order
to remain closed.

 

2.
Conversion of Note. In accordance with the terms of subsection 2(b) below, the Conversion Amount (see Paragraph2(a)(i) of this Note
shall be convertible into shares of the Company’s common stock, par value $.001 per share (the “Common Stock”), according
to the terms and conditions set forth in this Paragraph 2.

 

a.
Certain Defined Terms. For purposes of this Note, the following terms shall have the following meanings:

 

i.
“Conversion Amount” means the sum of (a) the principal amount of this Note to be converted with respect to which this
determination is being made, (b) Interest; and (c) Default Interest, if any, if so included at the Holder’s sole discretion.

 

ii.
“Conversion Price” means a fix price $0.06 per share of company’s common stock.

 

iii.
“Person” means an individual, a limited liability company, a partnership, a joint venture, a corporation, a trust, an
unincorporated organization and a government or any department or agency thereof.

 

iv.
“Conversion Shares” means the Conversion Shares of the Common Stock of the Company into which any balance on this Note
may be converted upon submission of a “Conversion Notice” to the Company substantially in the form attached hereto as Exhibit
1.

 

b.
Holder’s Conversion Rights. At any time prior to Holder’s receipt of a payment notice from the Company of re-payment
of all outstanding interest and if such payment is made within five (5) Business Days of the date of such notice, the Holder shall be
entitled to convert all of the outstanding and unpaid principal and accrued interest of this Note into fully paid and non-assessable
shares of Common Stock in accordance with the stated Conversion Price.

 

c.
Fractional Conversion Shares. The Company shall not issue any fraction of a share of Common Stock upon any conversion; if such issuance
would result in the issuance of a fraction of a share of Common Stock, the Company shall round such fraction of a share of Common Stock
up to the nearest whole share except in the event that rounding up would violate the conversion limitation set forth in section 2(b)
above.

 

    	2

     

    

 

d.
Conversion Amount. The Conversion Amount shall be converted into shares of Common Stock at the Conversion Price.

 

e.
Mechanics of Conversion. The conversion of this Note shall be conducted in the following manner:

 

i.
Holder’s Conversion Requirements. To convert this Note into shares of Common Stock on any date set forth in the Conversion
Notice by the Holder (the “Conversion Date”), the Holder shall transmit by email, facsimile or otherwise deliver, for receipt
on or prior to 11:59 p.m., Eastern Time, on such date or on the next Business Day, a copy of a fully executed notice of conversion in
the form attached hereto as Exhibit 1 to the Company.

 

ii.
Company’s Response. Upon receipt by the Company of a copy of a Conversion Notice, the Company shall as soon as practicable,
but in no event later than three(3) Business Days after receipt of such Conversion Notice, send, via email, facsimile or overnight courier,
a confirmation of receipt of such Conversion Notice to such Holder indicating that the Company will process such Conversion Notice in
accordance with the terms herein. Within seven (7) Business Days after the date the Conversion Notice is delivered, the Company shall
have issued and electronically transferred the shares to the Broker indicated in the Conversion Notice; should the Company be unable
to transfer the shares electronically, it shall, within ten (10) Business Days after the date the Conversion Notice was delivered, have
surrendered to an overnight courier for delivery the next day to the address as specified in the Conversion Notice, a certificate, registered
in the name of the Holder, for the number of shares of Common Stock to which the Holder shall be entitled.

 

iii.
Record Holder. The person or persons in whose names the certificates or brokerage account the shares of Common Stock issuable upon
a conversion of this Note shall be treated for all purposes as the record holder or holders of such shares of Common Stock on the Conversion
Date.

 

iv.
Liquidated Damages for Delinquent Response. If the Company fails to deliver to Holder the Conversion Shares as requested in a Conversion
Notice within fifteen (15) business days of the Conversion Date, there shall accrue liquidated damages (the “Conversion Damages”)
of $500 per day for each day after the fifteenth (15th) Business Day until delivery of the Conversion Shares is made, and such penalty
will be added to the Note being converted. The Parties agree that, at the time of drafting of this Note, the Holder’s damages as
to the delinquent response are incapable or difficult to estimate and that the liquidated damages called for is a reasonable forecast
of just compensation.

 

    	3

     

    

 

v.
Rescindment of Conversion Notice. If: (i) the Company fails to respond to Holder within four (4) Business Days from the date of delivery
of a Conversion Notice confirming the details of the Conversion, (ii) the Company fails to provide the Conversion Shares requested in
the Conversion Notice within fifteen (15)Business Days from the date of the delivery of the Conversion Notice, (iii) the Holder is unable
to procure a legal opinion required to have the Conversion Shares issued unrestricted and/or deposited to sell for any reason related
to the Company’s standing with the SEC or FINRA, or any action or inaction by the Company, (iv) the Holder is unable to deposit
the Conversion Shares requested in the Conversion Notice for any reason related to the Company’s standing with the SEC or FINRA;
or any action or inaction by the Company, (v) if the Holder is informed that the Company does not have the authorized and issuable Conversion
Shares available to satisfy the Conversion, or (vi) if OTC Markets changes the Company’s designation to ‘Limited Information’
(Yield), ‘No Information’ (Stop Sign), ‘Caveat Emptor’ (Skull and Crossbones), or ‘OTC’, ‘Other
OTC’ or ‘Grey Market’ (Exclamation Mark Sign) on the day of or any day after the date of the Conversion Notice, the
Holder maintains the option and sole discretion to rescind the Conversion Notice (“Rescindment”) by delivering a notice of
rescindment to the Company in the same manner that a Conversion Notice is required to be delivered to the Company pursuant to the terms
of this Note.

 

vi.
Transfer Agent Fees and Legal Fees. The issuance of the certificates shall be without charge or expense to the Holder. The Company
shall pay any and all Transfer Agent fees and legal fees of up to $500 required for execution of this Note and processing of any Notice
of Conversion.

 

vii.
Conversion Right Unconditional. If the Holder shall provide a Notice of Conversion as provided herein, the Company’s obligations
to deliver Common Stock shall be absolute and unconditional, irrespective of any claim of setoff, counterclaim, recoupment, or alleged
breach by the Holder of any obligation to the Company.

 

3.
Other Rights of Holder: Reorganization, Reclassification, Consolidation, Merger or Sale. Any recapitalization, reorganization, reclassification,
consolidation, merger, sale of all or substantially all of the Company’s assets to another Person or other transaction which is
effected in such a way that holders of Common Stock are entitled to receive(either directly or upon subsequent liquidation) stock, securities,
cash or other assets with respect to or in exchange for Common Stock, whether such position is increased, decreased or remains the same,
is referred to herein as “Organic Change.” Prior to the consummation of any (i) Organic Change or(ii) other Organic Change
following which the Company is not a surviving entity, the Company will secure from the Person purchasing such assets or the successor
resulting from such Organic Change (in each case, the “Acquiring Entity”) a written agreement (in form and substance reasonably
satisfactory to the Holder) to deliver to Holder in exchange for this Note, a security of the Acquiring Entity evidenced by a written
instrument substantially similar inform and substance to this Note reasonably satisfactory to the Holder. Prior to the consummation of
any other Organic Change, the Company shall make appropriate provision (in form and substance reasonably satisfactory to the Holder)
to ensure that the Holder will thereafter have the right to acquire and receive in lieu of or in addition to (as the case may be) the
shares of Common Stock immediately theretofore acquirable and receivable upon the conversion of the Note, such shares of stock, securities,
cash or other assets that would have been Issued or payable in such Organic Change with respect to or in exchange for the number of shares
of Common Stock which would have been acquirable and receivable upon the conversion of the Note as of the date of such Organic Change
(without taking into account any limitations or restrictions on the convertibility of the Note set forth in Section 2(b) or otherwise).
All provisions of this Note must be included to the satisfaction of Holder in any new Note created pursuant to this section. In the event
of an Organic change that increases or decreases the number of shares Common Stock outstanding, on a fully diluted basis, the Conversion
Price shall be proportionally adjusted upward or down to preserve the percentage of Common Stock, on a fully diluted basis, that the
Holder would be issued if converting this Note in full on the date hereof.

 

    	4

     

    

 

4.
Reservation of Conversion Shares. The Company shall at all times, so long as any principal amount of the Note is outstanding, reserve
and keep available out of its authorized and unissued shares of Common Stock, solely for the purpose of effecting the conversion of the
Note, the number of shares of Common Stock as shall at all times be sufficient to effect the conversion of all of the principal amount,
plus Interest and Default Interest, if any, of the Note then outstanding (“Share Reserve”), unless the Holder stipulates
otherwise in the “Irrevocable Letter of Instructions to the Transfer Agent.” So long as this Note is outstanding, upon written
request of the Holder or via telephonic communication, the Company’s Transfer Agent shall furnish to the Holder the then-current
number of Common Stock issued and outstanding, the then-current number of Common Stock authorized, the then-current number of restricted
shares, and the then-current number of shares reserved for third parties. The provisions of this Section 4 shall constitute irrevocable
instructions to the Company’s Transfer Agent to provide Holder with the information provided in this Section.

 

5.
Voting Rights. The Holder of this Note shall have no voting rights as a note holder, except as required by law, however, upon the
conversion of any portion of this Note into Common Stock, Holder shall have the same voting rights as all other Common Stockholders with
respect to such shares of Common Stock then owned by Holder.

 

6.
Reissuance of Note. In the event of a conversion pursuant to this Note of less than all of the Conversion Amount represented by this
Note, the Company shall promptly cause to be issued and delivered to the Holder, upon tender by the Holder of the Note converted or redeemed,
a new note of like tenor representing the remaining principal amount of this Note which has not been so converted or redeemed and which
is in substantially the same form as this Note, as set forth above.

 

7.
Default and Remedies.

 

a.
Event of Default. For purposes of this Note, an “Event of Default” shall occur upon:

 

i.
the Company’s default in the payment of the outstanding principal, Interest or Default Interest of this Note when due, whether
at the Maturity Date, acceleration or otherwise, after being given 10 Business Days to cure;

 

ii.
the Company’s breach of any material covenants, warranties, or representations made by the Company herein;

 

iii.
the cessation of operations of the Company or a material subsidiary;

 

iv.
the Company pursuant to or within the meaning of any Bankruptcy Law; (a) commences a voluntary case; (b) consents to the entry of an
order for relief against it in an involuntary case; (c) consents to the appointment of a Custodian of it or for all or substantially
all of its property; or (d) makes a general assignment for the benefit of its creditors;

 

v.
a court of competent jurisdiction entering an order or decree under any Bankruptcy Law that: (a) is for relief against the Company in
an involuntary case; (b) appoints a Custodian of the Company or for all or substantially all of its property; or (c) orders the liquidation
of the Company or any subsidiary, and the order or decree remains unstayed and in effect for thirty (30) days;

 

    	5

     

    

 

v.
the Company files a Form 15 with the SEC; xi. the Company’s failure to timely file all reports required to be filed by it with
the Securities and Exchange Commission;

 

vi.
the Company directs its transfer agent not to transfer or issue (electronically or in certificated form) the Conversion Shares of Common
Stock to be issued to the Holder upon conversion of this Note.;

 

The
Term “Bankruptcy Law” means Title 11, U.S. Code, or any similar Federal or State Law for the relief of debtors. The term
“Custodian” means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law.

 

b.
Remedies. If an Event of Default occurs, the Holder may in its sole discretion determine to request immediate repayment of all or
any portion of the Note that remains outstanding; at such time the Company will be required to pay the Company the Default Amount (defined
herein) in cash. For purposes hereof, the “Default Amount” shall mean: the product of (A) the then outstanding principal
amount of the Note, plus accrued Interest and Default Interest, divided by (B) the Conversion Price as determined on the Issuance Date.
If the Company fails to pay the Default Amount within thirty (30) Business Days of written notice that such amount is due and payable,
then Holder shall have the right at any time, so long as the Company remains in default (and so long and to the extent there are a sufficient
number of authorized but unissued shares), to require the Company, upon written notice, to issue, in lieu of the Default Amount, the
number of shares of Common Stock of the Company equal to the Default Amount divided by the Conversion Price then in effect.

 

8.
Vote to Change the Terms of this Note. This Note and any provision hereof may only be amended by an instrument in writing signed
by the Company and the Holder.

 

9.
Lost or Stolen Note. Upon receipt by the Company of evidence satisfactory to the Company of the loss, theft, destruction or mutilation
of this Note, and, in the case of loss, theft or destruction, of an indemnification undertaking by the Holder to the Company in a form
reasonably acceptable to the Company and, in the case of mutilation, upon surrender and cancellation of the Note, the Company shall execute
and deliver a new Note of like tenor and date and insubstantially the same form as this Note; provided, however, the Company shall not
be obligated to re-issue a Note if the Holder contemporaneously requests the Company to convert such remaining principal amount, plus
accrued Interest and Default Interest, if any, into Common Stock.

 

    	6

     

    

 

10.
Payment of Collection, Enforcement and Other Costs. If: (i) this Note is placed in the hands of an attorney for collection or enforcement
or is collected or enforced through any legal proceeding; or (ii) an attorney is retained to represent the Holder of this Note in any
bankruptcy, reorganization, receivership or other proceedings affecting creditors’ rights and involving a claim under this Note,
then the Company shall pay to the Holder all reasonable attorneys’ fees, costs and expenses incurred in connection therewith, in
addition to all other amounts due hereunder.

 

11.
Cancellation. After all principal, accrued Interest and Default Interest, if any, at any time owed on this Note has been paid in
full or otherwise converted in full, this Note shall automatically be deemed canceled, shall be surrendered to the Company for cancellation
and shall not be reissued.

 

12.
Waiver of Notice. To the extent permitted by law, the Company hereby waives demand, notice, protest and all other demands and notices
in connection with the delivery, acceptance, performance, default or enforcement of this Note.

 

13.
Governing Law. This Note shall be construed and enforced in accordance with, and all questions concerning the construction, validity,
interpretation and performance of this Note shall be governed by, the laws of the State of New York, without giving effect to provisions
thereof regarding conflict of laws. Each party hereby irrevocably submits to the nonexclusive jurisdiction of the state and federal courts
sitting in New York, New York for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated
hereby or discussed herein, and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that
it is not personally subject to the jurisdiction of any such court, that such suit, action or proceeding is brought in an inconvenient
forum or that the venue of such suit, action or proceeding is improper. Each party hereby irrevocably waives personal service of process
and consents to process being served in any such suit, action or proceeding by sending, through certified mail or overnight courier,
a copy thereof to such party at the address for such notices to it under this Agreement and agrees that such service shall constitute
good and sufficient service of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to
serve process in any manner permitted by law. EACH PARTY HEREBY IRREVOCABLYWAIVES ANY RIGHT IT MAY HAVE, AND AGREES NOT TO REQUEST, A
JURY TRIAL FOR THE ADJUDICATION OFANY DISPUTE HEREUNDER OR IN CONNECTION HEREWITH OR ARISING OUT OF THIS AGREEMENT OR ANYTRANSACTION
CONTEMPLATED HEREBY.

 

14.
Remedies, Characterizations, Other Obligations, Breaches and Injunctive Relief. The remedies provided in this Note shall be cumulative
and in addition to all other remedies available under this Note, at law or in equity (including a decree of specific performance and/or
other injunctive relief), and no remedy contained herein shall be deemed a waiver of compliance with the provisions giving rise to such
remedy and nothing herein shall limit the Holder’s right to pursue actual damages for any failure by the Company to comply with
the terms of this Note. The Company covenants to the Holder that there shall be no characterization concerning this instrument other
than as expressly provided herein. Amounts set forth or provided for herein with respect to payments, conversion and the like (and the
computation thereof) shall be the amounts to be received by the Holder thereof and shall not, except as expressly provided herein, be
subject to any other obligation of the Company (or the performance thereof).

 

    	7

     

    

 

15.
Specific Shall Not Limit General; Construction. No specific provision contained in this Note shall limit or modify anymore general
provision contained herein. This Note shall be deemed to be jointly drafted by the Company and the Holder and shall not be construed
against any person as the drafter hereof.

 

16.
Failure or Indulgence Not Waiver. No failure or delay on the part of the Holder in the exercise of any power, right or privilege
hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such power, right or privilege preclude
further exercise thereof or of any other right, power or privilege.

 

17.
Partial Payment. In the event of partial payment by the Holder, the principal sum due to the Holder shall be prorated based on the
consideration actually paid by the Holder such that the Company is only required to repay the amount funded and the Company is not required
to repay any unfunded portion of this Note, with the exception of any contemplated herein.

 

18.
Entire Agreement. This Agreement constitutes the full and entire understanding and agreement between the parties with regard to the
subjects herein. None of the terms of this Note can be waived or modified, except by an amended Note acknowledged by and signed by all
parties hereto.

 

19.
Additional Representations and Warranties. The Company expressly acknowledges that the Holder, including but not limited to its officer,
directors, employees, agents, and affiliates, have not made any representation or warranty to it outside the terms of this Note. The
Company further acknowledges that there have been no representations or warranties about future financing or subsequent transactions
between the parties.

 

20.
Notices. All notices and other communications given or made to the Company pursuant hereto shall be in writing(including facsimile
or similar electronic transmissions) and shall be deemed effectively given: (i) upon personal delivery, (ii) when sent by electronic
mail or facsimile, as deemed received by the close of business on the date sent,(iii) five (5) days after having been sent by registered
or certified mail, return receipt requested, postage prepaid or(iv) one (1) day after deposit with a nationally recognized overnight
courier, specifying next day delivery. All communications shall be sent either by email, or fax, or to the email address or facsimile
number set forth on the signature page hereto. The physical address, email address, and phone number provided on the signature page hereto
shall be considered valid pursuant to the above stipulations; should the Company’s contact information change from that listed
on the signature page, it is incumbent on the Company to inform the Holder.

 

21.
Severability. If one or more provisions of this Agreement are held to be unenforceable under applicable law, such provision shall
be excluded from this Agreement and the rest of the Agreement shall be enforceable in accordance with its terms.

 

22.
Usury. If it shall be found that any interest or other amount deemed interest due hereunder violates the applicable law governing
usury, the applicable rate of interest due hereunder shall automatically be lowered to equal the maximum rate of interest permitted under
applicable law. The Company covenants (to the extent that it may lawfully do so) that it will not seek to claim or take advantage of
any law that would prohibit or forgive the Company from paying all or a portion of the principal, Interest or Default Interest on this
Note.

 

23.
Successors and Assigns. This Agreement shall be binding upon all successors and assigns hereto

 

This
Note has been duly authorized and validly executed by the authorized officer of the Company, on the Issuance Date

 

	CLEAN
    ENERGY TECHNOLOGIES, INC.	 
	 	 
	By:	 	 
	Name:	Kambiz
    Mahdi	 
	Title:	Chief
    Executive Officer	 

 

2990
Redhill Ave.

Costa
Mesa, Ca 92626

Email:
Kmahdi@cetyinc.com

Phone
949.273.4990 x814

 

    	8

     

    

 

Exhibit
I

 

Conversion
Notice Conversion Notice

 

Reference
is made to the 2% Convertible Note issued by Clean Energy Technologies, Inc. (the “Note”), dated December 27, 2021 in the
principal amount of $650,000.00 with 2% interest. The features of conversion stipulate a Conversion Price equal to the $0.06 per share
of the Company’s common stock, par value $.001 per share.

 

In
accordance with and pursuant to the Note, the undersigned hereby elects to convert the balance of the Note indicated below into shares
of Common Stock, par value $.001 (the “Common Stock”), of the Company, by tendering the Note specified as of the date specified
below.

 

Date
of Conversion: ____

 

Please
confirm the following information: Please confirm the following information:

 

Conversion
Amount: ___________

 

Conversion
Price: $ __________ (__) %discount from $_______________ )

 

Conversion
Price: $_____________________

 

Number
of Common Stock to be issued: _________________________

 

Current
Issued/Outstanding: _____________________

 

If
the Issuer is DWAC eligible, please issue the Common Stock into which the Note is being converted in the name of the Holder of the Note
and transfer the shares electronically to:

 

[BROKER
INFORMATION]

 

Holder
Authorization:

 

Do
not send certificates to this address,

 

[DATE]

[CONTINUED
ON NEXT PAGE]

 

    	9

     

    

 

PLEASE
BE ADVISED, pursuant to Section 2(e)(ii) of the Note, “Upon receipt by the Company of a copy of the Conversion Notice, the Company
shall as soon as practicable after receipt of such Conversion Notice, SEND, VIA EMAIL, FACSIMILE OR OVERNIGHT COURIER, A CONFIRMATION
OF RECEIPT OF SUCH CONVERSION NOTICE TO SUCH HOLDER INDICATING THAT THE COMPANY WILL PROCESS SUCH CONVERSION NOTICE in accordance with
the terms herein.

 

	Signature:	 
	 	 
	 	 
	Kambiz
    Mahdi	 
	CEO	 
	Clean
    Energy Technologies, Inc.	 

 

    	10Exhibit 10.1

 

EXECUTION VERSION

 

VOTING AGREEMENT

 

This Voting Agreement (this
“Agreement”) is made as of December 21, 2021, by and among (i) Gorilla Technology Group Inc., a
Cayman Islands exempted company (the “Company”), (ii) Global SPAC Partners Co., a Cayman Islands exempted
company (together with its successors, “SPAC”), and (iii) the undersigned shareholder of SPAC (“Holder”).
Any capitalized term used but not defined in this Agreement will have the meaning ascribed to such term in the Business Combination Agreement
(as defined below).

 

WHEREAS, on or about
the date hereof, the Company, Gorilla Merger Sub, Inc., a Cayman Islands exempted company and a direct wholly owned subsidiary of the
Company (“Merger Sub”), SPAC and other parties named therein have entered into that certain Business Combination
Agreement (as amended from time to time in accordance with the terms thereof, the “Business Combination Agreement”)
pursuant to which (and subject to the terms and conditions set forth therein) Merger Sub will merge with and into SPAC, with SPAC continuing
as the surviving entity (the “Merger”), and as a result of which, among other matters, (i) SPAC shall become
a wholly-owned subsidiary of the Company and (ii) each issued and outstanding ordinary share of SPAC immediately prior to the Merger Effective
Time shall no longer be outstanding and shall automatically be cancelled, in exchange for the right of the holder thereof to receive the
SPAC Shares Merger Consideration, all upon the terms and subject to the conditions set forth in the Business Combination Agreement and
in accordance with the provisions of applicable law;

 

WHEREAS, as of the date
hereof, the Holder is the record and “beneficial owner” (within the meaning of Rule 13d-3 under the Securities Exchange Act
of 1934, as amended (together with the rules and regulations promulgated thereunder, the “Exchange Act”)) of
and is entitled to dispose of and vote the SPAC Ordinary Shares set forth on the signature page of this Agreement which shares and any
additional SPAC Ordinary Shares (or any securities convertible into or exercisable or exchangeable for SPAC Ordinary Shares) in which
the Holder acquires record or beneficial ownership after the date hereof, including by purchase, as a result of a share dividend, share
split, recapitalization, combination, reclassification, exchange or change of such shares, or upon exercise or conversion of any securities,
the “Shares”);

 

WHEREAS, the Board of
Directors of SPAC has (a) approved and declared advisable the Business Combination Agreement, the Ancillary Documents, the Merger and
the other transactions contemplated by any such documents (collectively, the “Transactions”), (b) determined
that the Transactions are fair to and in the best interests of SPAC and its shareholders (the “SPAC Shareholders”)
and (c) recommended the approval and the adoption by each of SPAC Shareholders of the Business Combination Agreement, the Merger, the
Ancillary Documents, the Transactions and the other Required SPAC Shareholder Approval Matters; and

 

WHEREAS, as a condition
to the willingness of the Company to enter into the Business Combination Agreement, and as an inducement and in consideration therefor,
and in view of the valuable consideration to be received by Holder thereunder, and the expenses and efforts to be undertaken by the Company
and SPAC to consummate the Transactions, the Company, SPAC and Holder desire to enter into this Agreement in order for Holder to provide
certain assurances to the Company regarding the manner in which Holder is bound hereunder, in its capacity as a shareholder of SPAC, to
vote the Shares during the period from and including the date hereof through and including the date on which this Agreement is terminated
in accordance with its terms (the “Voting Period”) with respect to the Business Combination Agreement, the Merger,
the Ancillary Documents and the Transactions.

 

     

     

    

 

NOW, THEREFORE, in consideration
of the premises set forth above, which are incorporated in this Agreement as if fully set forth below, and intending to be legally bound
hereby, the parties hereby agree as follows:

 

1. Covenant to Vote
in Favor of Transactions. Holder agrees, with respect to all of the Shares, during the Voting Period, the Holder will:

 

(a) at each meeting of the
SPAC Shareholders or any class or series thereof, and in each written consent or resolutions of any of the SPAC Shareholders in which
Holder is entitled to vote or consent, Holder hereby unconditionally and irrevocably agrees to be present for such meeting and vote (in
person or by proxy), or consent to any action by written consent or resolution with respect to, as applicable, the Shares (A) in favor
of: (i) the adoption and approval of this Agreement and the Transactions, (ii) the approval of the issuance of PIPE Securities in the
PIPE Agreements, (iii) the approval of the Surviving Company Memorandum and Articles of Association, and (iv) such other matters as the
Company and SPAC shall hereafter mutually determine to be necessary or appropriate in order to effect the Transactions, and (v) the adjournment
of the Extraordinary General Meeting, if necessary or desirable in the reasonable determination of SPAC and (B) to vote the Shares in
opposition to: (i) any Acquisition Proposal and (ii) any other action or proposal involving SPAC that is intended, or would reasonably
be expected, to prevent, impede, interfere with, delay, postpone or adversely affect in any material respect the Transactions or would
reasonably be expected to result in any of the conditions to the Closing under the Business Combination Agreement not being fulfilled;

 

(b) to execute and deliver
all related documentation and take such other action in support of the Merger, the Business Combination Agreement, any Ancillary Documents
and any of the Transactions as shall reasonably be requested by the Company or SPAC in order to carry out the terms and provision of this
Section 1, including, without limitation, (i) any actions by written consent of SPAC Shareholders presented to Holder with respect
to the matters in Section 1(a), and (ii) any applicable Ancillary Documents, and any consent, waiver, governmental filing, and
any similar or related documents;

 

(c) not to deposit, and to
cause its Affiliates not to deposit, except as provided in this Agreement, any Shares owned by Holder or his/her/its Affiliates in a voting
trust or subject any Shares to any arrangement or agreement with respect to the voting of such Shares, unless specifically requested to
do so by SPAC and the Company in connection with the Business Combination Agreement, the Ancillary Documents and any of the Transactions;
and

 

(d) except as contemplated
by the Business Combination Agreement or the Ancillary Documents, not make, or in any manner participate in, directly or indirectly, a
“solicitation” of “proxies” or consents (as such terms are used in the rules of the SEC) or powers of attorney
or similar rights to vote, or seek to advise or influence any Person with respect to the voting of, any shares of the Company capital
stock in connection with any vote or other action with respect to the Transactions, other than to recommend that shareholders of SPAC
vote in favor of adoption of the Business Combination Agreement and the Transactions and any other proposal the approval of which is a
condition to the obligations of the Company or SPAC under the Business Combination Agreement (and any actions required in furtherance
thereof and otherwise as expressly provided by Section 1 of this Agreement).

 

2. Grant of Proxy. During
the Voting Period, Holder, with respect to all of the Shares, hereby irrevocably grants to, and appoints, SPAC and any designee of SPAC
(determined in SPAC’s sole discretion) as Holder’s attorney-in-fact and proxy, with full power of substitution and resubstitution,
for and in Holder’s name, to vote, or cause to be voted (including by proxy or written consent, if applicable) any Shares owned
(whether beneficially or of record) by Holder, solely on the matters and in the manner specified in Section 1 above. The proxy
and attorney-in-fact granted by Holder pursuant to this Section 2 are irrevocable and are granted in consideration of
SPAC entering into this Agreement and the Company and SPAC entering into the Business Combination Agreement and incurring certain related
fees and expenses. Holder hereby affirms that such irrevocable proxy is coupled with an interest by reason of the Business Combination
Agreement and, except upon the termination of this Agreement in accordance with Section 5(a), is intended to be irrevocable.
The proxy and power of attorney granted hereunder shall terminate upon the termination of this Agreement. Holder and SPAC each agrees
that SPAC shall exercise (and shall not fail to exercise) its rights as attorney-in-fact and proxy in accordance with the provisions of
Section 1 of this Agreement.

 

3. Other
Covenants.

 

(a) No Transfers.
Holder agrees that during the Voting Period it shall not, and shall cause its Affiliates not to, without the joint written consent of
SPAC and the Company, (A) offer for sale, sell (including short sales), transfer, tender, pledge, encumber, assign or otherwise dispose
of (including by gift) (collectively, a “Transfer”), or enter into any contract, option, derivative, hedging
or other agreement or arrangement or understanding (including any profit-sharing arrangement) with respect to, or consent to, a Transfer
of, any or all of the Shares; (B) grant any proxies or powers of attorney with respect to any or all of the Shares; or (C) permit to exist
any lien of any nature whatsoever (other than those imposed by this Agreement, applicable securities Laws or the SPAC Organizational Documents,
as in effect on the date hereof) with respect to any or all of the Shares; or (D) take any action that would have the effect of preventing,
impeding, interfering with or adversely affecting Holder’s ability to perform its obligations under this Agreement. SPAC hereby
agrees that it shall not permit any Transfer of the Shares in violation of this Agreement. Holder agrees with, and covenants to, the Company
and SPAC that Holder shall not request that SPAC register the Transfer (book-entry or otherwise) of any certificate or uncertificated
interest representing any Shares during the term of this Agreement without the prior written consent of the Company, and SPAC hereby agrees
that it shall not effect any such Transfer.

 

    2

     

    

 

(b) Permitted Transfers. Section
3(a) shall not prohibit a Transfer of Shares by Holder (i) to any family member or trust for the benefit of any family member,
(ii) to any shareholder, member or partner of Holder, if an entity, (iii) to any Affiliate of Holder, or (iv) to any person or entity
if and to the extent required by any non-consensual Order, by divorce decree or by will, intestacy or other similar Applicable Law so
long as, in the case of the foregoing clauses (i), (ii), (iii) and (iv), the assignee or transferee agrees to be bound by the terms of
this Agreement and executes and delivers to the parties hereto a written consent and joinder memorializing such agreement. During the
term of this Agreement, SPAC will not register or otherwise recognize the transfer (book-entry or otherwise) of any Shares or any certificate
or uncertificated interest representing any of Holder’s Shares, except as permitted by, and in accordance with, this Section
3(b).

 

(c) Changes to Shares.
In the event of a share dividend or distribution, or any change in the share capital of SPAC by reason of any share dividend or distribution,
share split, recapitalization, combination, conversion, exchange of shares or the like, the term “Shares” shall be deemed
to refer to and include the Shares as well as all such share dividends and distributions and any securities into which or for which any
or all of the Shares may be changed or exchanged or which are received in such transaction. Holder agrees, during the Voting Period, to
notify the Company and SPAC promptly in writing of any changes in Holder’s ownership of SPAC securities.

 

(d) Compliance with
Business Combination Agreement. Holder agrees that, during the Voting Period, Holder will not take or agree or commit to take any
action that would make any representation and warranty of Holder contained in this Agreement inaccurate in any material respect, except
for transfers as permitted by, and in accordance with, Section 3(b) above.

 

(e) Registration Statement.
During the Voting Period, Holder agrees to provide to the Company, SPAC and their respective Representatives any information regarding
Holder or the Shares that is reasonably requested by the Company, SPAC or their respective Representatives for inclusion in the Registration
Statement.

 

(f) Publicity.
Holder shall not issue any press release or otherwise make any public statements with respect to the Transactions or the transactions
contemplated herein without the prior written approval of SPAC and the Company, unless such information was already made available publicly
by SPAC or the Company. Nothing herein shall (a) restrict Holder’s right to furnish or disclose to its limited partners, members
or shareholders, any information with respect to the Transactions or the transactions contemplated herein or (b) grant Holder any right
to disclose information which Holder is prohibited from disclosing pursuant to a non-disclosure agreement. Holder understands that, prior
to the announcement by SPAC and the Company, the Business Combination Agreement and related agreements and the terms thereof constitute
material non-public information and may not be used or disclosed by the Holder. Holder hereby authorizes SPAC and the Company to publish
and disclose in any announcement or disclosure required by the SEC or Nasdaq (including all documents and schedules filed with the SEC
in connection with the foregoing), Holder’s identity and ownership of the Shares and the nature of Holder’s commitments and
agreements under this Agreement, the Business Combination Agreement and any other Ancillary Documents.

 

4. Representations
and Warranties of Holder. Holder hereby represents and warrants to the Company as follows, except to the extent set forth in a
schedule delivered by Holder to the Company and SPAC prior to the execution by the Holder of this Agreement:

 

(a) Binding Agreement.
Holder (i) if a natural person, is of legal age to execute this Agreement and is legally competent to do so and (ii) if not a natural
person, is (A) a corporation, limited liability company, company or partnership duly organized and validly existing under the laws of
the jurisdiction of its organization and (B) has all necessary power and authority to execute and deliver this Agreement, to perform its
obligations hereunder and to consummate the transactions contemplated hereby. If Holder is not a natural person, the execution and delivery
of this Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated hereby by Holder
has been duly authorized by all necessary corporate, limited liability or partnership action on the part of Holder, as applicable. This
Agreement, assuming due authorization, execution and delivery hereof by the other parties hereto, constitutes a legal, valid and binding
obligation of Holder, enforceable against Holder in accordance with its terms (except as such enforceability may be limited by bankruptcy,
insolvency, fraudulent transfer, reorganization, moratorium and other similar laws of general applicability relating to or affecting creditor’s
rights, and to general equitable principles). Holder understands and acknowledges that the Company is entering into the Business Combination
Agreement in reliance upon the execution and delivery of this Agreement by Holder.

 

    3

     

    

 

(b) Ownership of Shares.
As of the date hereof, Holder has beneficial ownership over the type and number of the Shares set forth under Holder’s name on the
signature page hereto, is the lawful owner of such Shares, has the sole power to vote or cause to be voted such Shares, and has good and
valid title to such Shares, free and clear of any and all pledges, mortgages, encumbrances, charges, proxies, voting agreements, liens,
adverse claims, options, security interests and demands of any nature or kind whatsoever, other than those imposed by this Agreement,
applicable securities Laws or SPAC Organizational Documents, as in effect on the date hereof. There are no claims for finder’s fees
or brokerage commission or other like payments in connection with this Agreement or the transactions contemplated hereby payable by the
Company or SPAC pursuant to arrangements made by Holder. Except for the Shares and other securities of SPAC set forth under Holder’s
name on the signature page hereto, as of the date of this Agreement, Holder is not a beneficial owner or record holder of any: (i) equity
securities of SPAC, (ii) securities of SPAC having the right to vote on any matters on which the holders of equity securities of SPAC
may vote or which are convertible into or exchangeable for, at any time, equity securities of SPAC or (iii) options, warrants or other
rights to acquire from SPAC any equity securities or securities convertible into or exchangeable for equity securities of SPAC.

 

(c) No Conflicts.
Other than the filings, notices and reports pursuant to, in compliance with or required to be made under the Exchange Act, if any, no
filing with, or notification to, any Governmental Authority, and no consent, approval, authorization or permit of any other person is
necessary for the execution of this Agreement by Holder, the performance of its obligations hereunder or the consummation by it of the
transactions contemplated hereby, which, if required, has not been obtained prior to the date hereof. None of the execution and delivery
of this Agreement by Holder, the performance of its obligations hereunder or the consummation by it of the transactions contemplated hereby
shall (i) conflict with or result in any breach of the certificate of incorporation, bylaws or other comparable organizational documents
of Holder, if applicable, (ii) result in, or give rise to, a violation or breach of or a default under any of the terms of any Contract
or obligation to which Holder is a party or by which Holder or any of the Shares or its other assets may be bound, or (iii) violate any
applicable Law or Order, except for any of the foregoing in clauses (i) through (iii) as would not reasonably be expected to impair Holder’s
ability to perform its obligations under this Agreement in any material respect.

 

(d) No Inconsistent
Agreements. Holder hereby covenants and agrees that, except for this Agreement, Holder (i) has not entered into, nor will enter into
at any time while this Agreement remains in effect, any voting agreement or voting trust with respect to the Shares inconsistent with
Holder’s obligations pursuant to this Agreement, (ii) has not granted, nor will grant at any time while this Agreement remains in
effect, a proxy, a consent or power of attorney with respect to the Shares and (iii) has not entered into any agreement or knowingly taken
any action (nor will enter into any agreement or knowingly take any action) that would make any representation or warranty of Holder contained
herein untrue or incorrect in any material respect or have the effect of preventing Holder from performing any of its material obligations
under this Agreement. Notwithstanding anything to the contrary contained in this Agreement, SPAC and the Company hereby acknowledge that
the Shares are subject to certain transfer restrictions and voting obligations (consistent with the obligations under this Agreement)
under the letter agreement, dated April 8, 2021 (the “Insider Letter”), among SPAC, Holder and other parties
hereto.

 

5. Miscellaneous.

 

(a) Termination.
Notwithstanding anything to the contrary contained herein, this Agreement shall automatically terminate, and none of the Company, SPAC
or Holder shall have any rights or obligations hereunder, upon the earliest to occur of (i) the mutual written consent of the Company,
SPAC and Holder, (ii) the Effective Time (following the performance of the obligations of the parties hereunder required to be performed
at or prior to the Effective Time), (iii) the date of termination of the Business Combination Agreement in accordance with its terms,
(iv) at the election of Holder, any amendment to the Business Combination Agreement or any waiver of any provision of the Business Combination
Agreement which amendment or waiver is adverse to Holder in a manner disproportionate to the other SPAC Shareholders as a whole and which
has not been approved by the Board of Directors of SPAC, and (v) if the Outside Date is extended for a period of more than thirty (30)
days unless such further extension has received the approval of the Board of Directors of SPAC. The termination of this Agreement shall
not prevent any party hereunder from seeking any remedies (at law or in equity) against another party hereto or relieve such party from
liability for such party’s material breach of, or fraud committed in connection with, this Agreement prior to such termination.
Notwithstanding anything to the contrary herein, the provisions of this Section 5(a) shall survive the termination of
this Agreement. 

 

    4

     

    

 

(b) Binding Effect;
Assignment. This Agreement and all of the provisions hereof shall be binding upon and inure to the benefit of the parties hereto and
their respective permitted successors and assigns. Except for transfers as permitted by, and in accordance with, Section 3(b) above,
this Agreement and all obligations of Holder are personal to Holder and may not be assigned, transferred or delegated by Holder at any
time without the prior written consent of the Company and SPAC, and any purported assignment, transfer or delegation without such consent
shall be null and void ab initio.

 

(c) Third Parties.
Nothing contained in this Agreement or in any instrument or document executed by any party in connection with the transactions contemplated
hereby shall create any rights in, or be deemed to have been executed for the benefit of, any person that is not a party hereto or thereto
or a successor or permitted assign of such a party.

 

(d) Governing Law;
Jurisdiction. This Agreement and any dispute or controversy arising out of or relating to this Agreement shall be governed by and
construed in accordance with the laws of the State of New York, without regard to the conflict of law principles thereof. All Actions
arising out of or relating to this Agreement shall be heard and determined exclusively in any state or federal court located in the County
of New York in the State of New York (or in any appellate courts thereof) (the “Specified Courts”). Each party
hereto hereby (i) submits to the exclusive jurisdiction of any Specified Court for the purpose of any Action arising out of or relating
to this Agreement brought by any party hereto and (ii) irrevocably waives, and agrees not to assert by way of motion, defense or
otherwise, in any such Action, 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 Action is brought in an inconvenient forum, that the venue of the Action is
improper, or that this Agreement or the transactions contemplated hereby may not be enforced in or by any Specified Court. Each party
agrees that a final judgment in any Action shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in
any other manner provided by Law. Each party irrevocably consents to the service of the summons and complaint and any other process in
any other action or proceeding relating to the transactions contemplated by this Agreement, on behalf of itself, or its property, by personal
delivery of copies of such process to such party at the applicable address set forth or referred to in Section 5(h). Nothing
in this Section 5(d) shall affect the right of any party to serve legal process in any other manner permitted by applicable
law.

 

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

 

(f) Interpretation.
The titles and subtitles used in this Agreement are for convenience only and are not to be considered in construing or interpreting this
Agreement. In this Agreement, unless the context otherwise requires: (i) any pronoun used shall include the corresponding masculine, feminine
or neuter forms, and the singular form of nouns, pronouns and verbs shall include the plural and vice versa; (ii) the term “including”
(and with correlative meaning “include”) shall be deemed in each case to be followed by the words “without limitation”;
(iii) the words “herein,” “hereto,” and “hereby” and other words of similar import shall be deemed
in each case to refer to this Agreement as a whole and not to any particular section or other subdivision of this Agreement; and (iv)
the term “or” means “and/or”. The parties have participated jointly in the negotiation and drafting of this Agreement.
Consequently, in the event an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted
jointly by the parties hereto, and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship
of any provision of this Agreement.

 

    5

     

    

 

(g) Capacity as a SPAC Shareholder.
Holder signs this Agreement solely in Holder’s capacity as a shareholder of SPAC, and not in Holder’s capacity as a director,
officer or employee of SPAC. Notwithstanding anything herein to the contrary, nothing herein shall in any way restrict a director or officer
of SPAC in the exercise of his or her fiduciary duties as a director or officer of SPAC or prevent or be construed to create any obligation
on the part of any director or officer of SPAC from taking any action in his or her capacity as such director or officer.

 

(h) Notices. All
notices, consents, waivers and other communications hereunder shall be in writing and shall be deemed to have been duly given (i) when
delivered in person, (ii) by email or other electronic means, with affirmative confirmation of receipt, (iii) one Business Day after being
sent, if sent by reputable, nationally recognized international overnight courier service or (iv) five (5) Business Days after being mailed,
if sent by registered or certified mail, pre-paid and return receipt requested, in each case to the applicable party at the following
addresses (or at such other address for a party as shall be specified by like notice):

 

	
    If to SPAC:

    Global SPAC Partners Co.

    2093 Philadelphia Pike #1968

    Claymont, DE 19703

    Attn: Bryant B. Edwards

    Telephone No.: (650) 560-4753

    Email: info@globalspac.com
	
    with a copy (which will not constitute notice) to:

    Ellenoff Grossman & Schole LLP

    1345 Avenue of the Americas, 11th Floor

    New York, NY 10105

    Attn:     Stuart Neuhauser and Matthew A. Gray

    Facsimile No.: (212) 370-7889

    Telephone No.: (212) 370-1300

    Email:  sneuhauser@egsllp.com

    mgray@egsllp.com

     

	
    If to the Company:

    Gorilla Technology Group Inc.

    7F-1, No.302, Ruey Kuang Road, Neihu, Taipei, Taiwan, R.O.C.

    Attn: Dr. Spincer Koh, CEO

    Facsimile No.: +886-2-2627-7698

    Telephone No.: +886-2-2627-7996

    Email: spkoh@gorilla-technology.com
	
    with a copy (which will not constitute notice) to:

    K&L Gates LLP

    30/F, 95 Dun Hua S. Road, Sec. 2

    Taipei 106, Taiwan

    Attn: James Chen and Billy M.C. Chen

    Facsimile No.: +886.2.2326.5188

    Telephone No.: +886.2.2325.5838

    Email: james.chen@klgates.com

    billy.chen@klgates.com

     

    and

     

    K&L Gates LLP

    599 Lexington Avenue

    New York, New York 10022

    Attn: Robert S. Matlin and Jonathan M. Barron

    Facsimile No.: +1-212-536-3901

    Telephone No.: +1-212-536-3900

     

    Email: robert.matlin@klgates.com

    jonathan.barron@klgates.com

	If to Holder, to: the address set forth under Holder’s name on the signature page hereto, with a copy (which will not constitute notice) to sneuhauser@egsllp.com, if not the party sending the notice, each of SPAC and the Company (and each of their copies for notices hereunder).

 

(h) Amendments and
Waivers. Any term of this Agreement may be amended and the observance of any term of this Agreement may be waived (either generally
or in a particular instance, and either retroactively or prospectively) only, in the case of an amendment, with the written consent of
the Company, SPAC and the Holder, or, in the case of a waiver, with the written consent of the party against whom the waiver is to be
effective. No failure or delay by a party in exercising any right hereunder shall operate as a waiver thereof. No waivers of or exceptions
to any term, condition, or provision of this Agreement, in any one or more instances, shall be deemed to be or construed as a waiver of
any other provisions hereof by such party, nor shall any such waiver be deemed to be or construed as a further or continuing waiver of
any such term, condition, or provision.

 

    6

     

    

 

(i) Severability.
In case any provision in this Agreement shall be held invalid, illegal or unenforceable in a jurisdiction, such provision shall be modified
or deleted, as to the jurisdiction involved, only to the extent necessary to render the same valid, legal and enforceable, and the validity,
legality and enforceability of the remaining provisions hereof shall not in any way be affected or impaired thereby nor shall the validity,
legality or enforceability of such provision be affected thereby in any other jurisdiction, so long as the economic or legal substance
of the transactions contemplated hereby is not affected in any manner materially adverse to any party. Upon such determination that any
term or other provision is invalid, illegal or incapable of being enforced, the parties will substitute for any invalid, illegal or unenforceable
provision a suitable and equitable provision that carries out, so far as may be valid, legal and enforceable, the intent and purpose of
such invalid, illegal or unenforceable provision.

 

(j) Specific Performance.
Holder acknowledges that its obligations under this Agreement are unique, recognizes and affirms that in the event of a breach of this
Agreement by Holder, money damages will be inadequate and that the Company will not have adequate remedy at law, and agrees that irreparable
damage would occur in the event that any of the provisions of this Agreement were not performed by Holder in accordance with their specific
terms or were otherwise breached. Accordingly, the Company shall be entitled to an injunction or restraining order to prevent breaches
of this Agreement by Holder and to enforce specifically the terms and provisions hereof, without the requirement to post any bond or other
security or to prove that money damages would be inadequate, this being in addition to any other right or remedy to which such party may
be entitled under this Agreement, at law or in equity.

 

(k) Expenses. Each
party shall be responsible for its own fees and expenses (including the fees and expenses of investment bankers, accountants and counsel,
if applicable) in connection with the entering into of this Agreement, the performance of its obligations hereunder and the consummation
of the transactions contemplated hereby; provided, that in the event of any Action arising out of or relating to this Agreement, the non-prevailing
party in any such Action will pay its own expenses and the reasonable documented out-of-pocket expenses, including reasonable attorneys’
fees and costs, reasonably incurred by the prevailing party.

 

(l) No Partnership,
Agency or Joint Venture. This Agreement is intended to create a contractual relationship among Holder, SPAC and the Company, and is
not intended to create, and does not create, any agency, partnership, joint venture or any like relationship among the parties hereto
or among any other SPAC shareholders entering into voting agreements with SPAC or the Company. Holder has acted independently regarding
its decision to enter into this Agreement. Nothing contained in this Agreement shall be deemed to vest in SPAC or the Company any direct
or indirect ownership or incidence of ownership of or with respect to any Shares. All rights, ownership and economic benefits of Holder
in and relating to the Shares of the Holder shall remain vested in and belong to the Holder, and the Company shall have no authority to
manage, direct, restrict, regulate, govern or administer any of the policies or operations of SPAC or exercise any power or authority
to direct the Holder in the voting or disposition of any of the Shares, except as otherwise provided herein.

 

(m) Further Assurances.
From time to time, at another party’s request and without further consideration, each party shall execute and deliver such additional
documents and take all such further action as may be reasonably necessary or desirable to consummate the transactions contemplated by
this Agreement.

 

    7

     

    

 

(n) Entire Agreement.
This Agreement (together with the Business Combination Agreement and the Insider Letter to the extent referred to herein) constitutes
the full and entire understanding and agreement among the parties with respect to the subject matter hereof, and any other written or
oral agreement relating to the subject matter hereof existing between the parties is expressly canceled; provided, that, for
the avoidance of doubt, the foregoing shall not affect the rights and obligations of the parties under the Business Combination Agreement,
any Ancillary Document or the Insider Letter. Notwithstanding the foregoing, nothing in this Agreement shall limit any of the rights or
remedies of SPAC or the Company or any of the obligations of Holder under any other agreement between Holder and SPAC or the Company or
any certificate or instrument executed by Holder in favor of SPAC or the Company, and nothing in any other agreement, certificate or instrument
shall limit any of the rights or remedies of SPAC or the Company or any of the obligations of Holder under this Agreement.

 

(o) Counterparts; Facsimile.
This Agreement may also be executed and delivered by facsimile or electronic signature or by email in portable document format in two
or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

 

(p) Non-Recourse.
This Agreement may only be enforced against, and any claim or cause of action based upon, arising out of, or related to this Agreement
or the transactions contemplated hereby may only be brought against, the entities that are expressly named as parties hereto, and then
only with respect to the specific obligations set forth herein with respect to such party. Except to the extent a named party to this
Agreement (and then only to the extent of the specific obligations undertaken by such named party in this Agreement), (a) no past, present
or future director, officer, employee, incorporator, member, partner, shareholder, affiliate, agent, attorney, advisor or representative
or affiliate of any named party to this Agreement and (b) no past, present or future director, officer, employee, incorporator, member,
partner, shareholder, affiliate, agent, attorney, advisor or representative or affiliate of any of the foregoing shall have any liability
(whether in contract, tort, equity or otherwise) for any one or more of the representations, warranties, covenants, agreements or other
obligations or liabilities of any one or more of SPAC, the Company or the Holder under this Agreement of or for any claim based on, arising
out of, or related to this Agreement or the transactions contemplated hereby provided that such other person does not take or direct or
cause Holder to take any action in contravention of the Holder’s obligations under this Agreement.

 

[Remainder of Page Intentionally Left Blank;
Signature Page Follows]

 

    8

     

    

 

 

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

 

	 	Company:
	 	 
	 	GORILLA TECHNOLOGY GROUP INC.
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 
	 	 	                                
	 	SPAC:
	 	 
	 	GLOBAL SPAC PARTNERS CO.
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 

 

{Signature Page to Sponsor Voting Agreement}

 

    9

     

    

 

	Holder:	 
	 	 
	
    [_______________________________________]
	 
	 	 
	By:	 	 
	Name:	                                                                      	 
	Title:	 	 

 

	
    Number and Type of Shares:

     

    SPAC Class A Ordinary Shares: __________________________________________________

     

    SPAC Class B Ordinary Shares: __________________________________________________

    ______________

    SPAC warrants or other convertible the SPAC securities: ______________________________

     

    Address for Notice:

     

    Address: _______________________________

     

    _______________________________________

     

    _______________________________________ 

     

    Facsimile No.: ____________________________

     

    Telephone No.: ___________________________

     

    Email: __________________________________

 

{Holder Signature Page to Sponsor Voting
Agreement}

 

 

10

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