Document:

EXHIBIT 10.3

 

FORM OF SUBSCRIPTION AGREEMENT

 

This SUBSCRIPTION
AGREEMENT (this “Subscription Agreement”) is entered into this 16th day of November, 2020, by and among Roth
CH Acquisition I Co., a Delaware corporation (the “Company”), Roth CH Acquisition I Co. Parent Corp., a Delaware
corporation (“Pubco”), and the undersigned (“Subscriber” or “you”). Defined
terms used but not otherwise defined herein shall have the respective meanings ascribed thereto in the Transaction Agreement (as
defined below).

 

WHEREAS, the Company
and the other parties named therein propose to enter into a Business Combination Agreement (the “Transaction Agreement”),
pursuant to which the Company will be combined with PureCycle Technologies LLC (“PureCycle”), through a series
of transactions resulting in the Company and PureCycle being wholly owned subsidiaries of Pubco and Pubco being listed on the Nasdaq
Capital Market (“Nasdaq”), on the terms and subject to the conditions set forth therein (the “Transaction”);

 

WHEREAS, in connection
with the Transaction, Subscriber desires to subscribe for and purchase from the Company that number of the Company’s common
stock, par value $0.001 per share (the “Common Stock”), set forth on the signature page hereto (the “Shares”)
for a purchase price of $10.00 per share (the “Per Share Price”), or the aggregate purchase price set forth
on the signature page hereto (the “Purchase Price”), which payment (other than the aggregate par value of the
Shares) will be directed to Pubco and such Shares will be exchanged into shares of common stock of Pubco (the “Pubco Shares,”
such stock “Pubco Common Stock”) upon consummation of the Transaction as set forth in the Transaction Agreement,
and the Company desires to issue and sell to Subscriber the Shares in consideration of the payment of the Purchase Price by or
on behalf of Subscriber to the Company on or prior to the Closing (as defined below); and

 

WHEREAS, in connection
with the Transaction, certain other “accredited investors” (within the meaning of Rule 501(a) under the Securities
Act of 1933, as amended (the “Securities Act”)) have entered into separate subscription agreements with the
Company (“Other Subscription Agreements”) substantially similar to this Subscription Agreement, pursuant to
which all such investors have, together with the Subscriber pursuant to this Subscription Agreement, agreed to purchase an aggregate
of up to 25,000,000 shares of Common Stock at the Per Share Price.

 

NOW, THEREFORE, in
consideration of the foregoing and the mutual representations, warranties and covenants, and subject to the conditions, herein
contained, and intending to be legally bound hereby, the parties hereto hereby agree as follows:

 

1.        Subscription.
Subject to the terms and conditions hereof, Subscriber hereby irrevocably subscribes for, and the Company hereby agrees to issue
to Subscriber, upon the payment of the Purchase Price, the Shares on the terms and conditions set forth herein (such subscription
and issuance, the “Subscription”).

 

2.        Representations,
Warranties and Agreements.

 

2.1        Subscriber’s
Representations, Warranties and Agreements. To induce the Company to issue the Shares to Subscriber, Subscriber hereby represents
and warrants to the Company and Pubco and agrees with the Company and Pubco as follows:

 

2.1.1        
If Subscriber is not an individual, Subscriber has been duly formed or incorporated and is validly existing in good standing under
the laws of its jurisdiction of incorporation or formation, with power and authority to enter into, deliver and perform its obligations
under this Subscription Agreement. If Subscriber is an individual, Subscriber has the authority to enter into, deliver and perform
its obligations under this Subscription Agreement.

 

2.1.2
        If Subscriber is not an individual, this Subscription Agreement has been duly
authorized, executed and delivered by Subscriber. If Subscriber is an individual, the signature on this Subscription
Agreement is genuine, and Subscriber has legal competence and capacity to execute the same. This Subscription Agreement is
enforceable against Subscriber in accordance with its terms, except as may be limited or otherwise affected by
(i) bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or other laws relating to or affecting the
rights of creditors generally, and (ii) principles of equity, whether considered at law or equity.

 

    

     

    

 

2.1.3        The
execution, delivery and performance by Subscriber of this Subscription Agreement and the consummation of the transactions contemplated
herein will not (i) conflict with or result in a breach or violation of any of the terms or provisions of, or constitute a
default under, or result in the creation or imposition of any lien, charge or encumbrance upon any of the property or assets of
Subscriber or any of its subsidiaries pursuant to the terms of any indenture, mortgage, deed of trust, loan agreement, lease, license
or other agreement or instrument to which Subscriber or any of its subsidiaries is a party or by which Subscriber or any of its
subsidiaries is bound or to which any of the property or assets of Subscriber or any of its subsidiaries is subject, which would
reasonably be expected to have a material adverse effect on the business, properties, financial condition, stockholders’
equity or results of operations of Subscriber and its subsidiaries, taken as a whole (a “Subscriber Material Adverse Effect”),
or materially affect the legal authority of Subscriber to comply in all material respects with the terms of this Subscription Agreement;
(ii) if Subscriber is not an individual, result in any violation of the provisions of the organizational documents of Subscriber
or any of its subsidiaries; or (iii) result in any violation of any statute or any judgment, order, rule or regulation of
any court or governmental agency or body, domestic or foreign, having jurisdiction over Subscriber or any of its subsidiaries or
any of their respective properties that would reasonably be expected to have the Subscriber Material Adverse Effect or materially
affect the legal authority of Subscriber to comply in all material respects with this Subscription Agreement.

 

2.1.4        Subscriber
(i) is a “qualified institutional buyer” (as defined in Rule 144A under the Securities Act) or an “accredited
investor” (within the meaning of Rule 501(a) under the Securities Act) satisfying the applicable requirements set forth on
Schedule A, (ii) is acquiring the Shares only for its own account and not for the account of others, or if Subscriber
is subscribing for the Shares as a fiduciary or agent for one or more investor accounts, each owner of such account is an accredited
investor and Subscriber has full investment discretion with respect to each such account, and the full power and authority to make
the acknowledgements, representations and agreements herein on behalf of each owner of each such account, and (iii) is not
acquiring the Shares with a view to, or for offer or sale in connection with, any distribution thereof in violation of the Securities
Act (and shall provide the requested information on Schedule A following the signature page hereto). Subscriber is not an
entity formed for the specific purpose of acquiring the Shares. Subscriber understands and acknowledges that the purchase of the
Shares pursuant to this Agreement meets the exemptions from filing under FINRA Rule 5123(b)(1)(C) or (J).

 

2.1.5        Subscriber
understands that the Shares are being offered in a transaction not involving any public offering within the meaning of the Securities
Act and that the Shares have not been registered under the Securities Act. Subscriber understands that the Shares may not be resold,
transferred, pledged or otherwise disposed of by Subscriber any investment fund or managed account managed by the same investment
adviser as the Subscriber or having the same general partner or an affiliated general partner and which investment fund or managed
account shall be deemed to make the same representations as Subscriber hereunder (each “Subscriber Affiliate”)
absent an effective registration statement under the Securities Act with respect to the Shares or an opinion of counsel satisfactory
to the Company that such registration statement is not required and an applicable exemption from the registration requirements
of the Securities Act is available, and that any certificates or book entries representing the Shares shall contain a legend to
such effect. Subscriber acknowledges that the Shares will not be eligible for resale pursuant to Rule 144A promulgated under the
Securities Act. Subscriber understands and agrees that the Shares will be subject to transfer restrictions and, as a result of
these transfer restrictions, Subscriber may not be able to readily resell the Shares and may be required to bear the financial
risk of an investment in the Shares for an indefinite period of time. Subscriber understands that it has been advised to consult
legal counsel prior to making any offer, resale, pledge or transfer of any of the Shares.

 

2.1.6        Subscriber
acknowledges that there have been no representations, warranties, covenants and agreements made to Subscriber by the Company or
Pubco or any of its officers or directors, expressly or by implication, other than those representations, warranties, covenants
and agreements included in this Subscription Agreement.

 

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2.1.7        Subscriber
represents and warrants that (i) it is not a Benefit Plan Investor as contemplated by the Employee Retirement Income Security
Act of 1974, as amended (“ERISA”), or (ii) its acquisition and holding of the Shares will not constitute
or result in a non-exempt prohibited transaction under Section 406 of the Employee Retirement Income Security Act of 1974,
as amended, Section 4975 of the Internal Revenue Code of 1986, as amended, or any applicable similar law.

 

2.1.8        In
making its decision to purchase the Shares, Subscriber represents that it has relied solely upon independent investigation made
by Subscriber. The Subscriber acknowledges and agrees that the Subscriber has received and has had an adequate opportunity to review,
and ask questions with respect to, such financial and other information as the Subscriber deems necessary in order to make an investment
decision with respect to the Shares and made its own assessment and is satisfied concerning the relevant tax, legal and other economic
considerations relevant to the Subscriber’s investment in the Shares. Without limiting the generality of the foregoing, the
Subscriber acknowledges that it has reviewed the documents provided to the Subscriber by the Company. The Subscriber represents
and agrees that the Subscriber have had the full opportunity to ask such questions, receive such answers and obtain such information
regarding the Company, the Target and the Transaction, as the Subscriber have deemed necessary to make an investment decision with
respect to the Shares. The Subscriber acknowledges that no disclosure or any information received by the Subscriber has been prepared
by any of Roth Capital Partners, LLC, Craig-Hallum Capital Group LLC or Oppenheimer & Co. Inc. (collectively, the “Placement
Agents”) and that the Placement Agents and their respective directors, officers, employees, representatives and controlling
persons have made no independent investigation with respect to the Company or the Shares or the accuracy, completeness or adequacy
of any information supplied to the Subscriber by the Company. The Subscriber acknowledges that it has not relied on any statements
or other information provided by the Placement Agents or any of the Placement Agents’ affiliates with respect to its decision
to invest in the Shares, including information related to the Company, the Shares and the offer and sale of the Shares. The information
provided to the Subscriber is preliminary and subject to change, and that any changes to such information, including, without limitation,
any changes based on updated information or changes in terms of the Transaction, shall in no way affect the Subscriber’s
obligation to purchase the Shares hereunder.

 

2.1.9        Subscriber
became aware of this offering of the Shares solely (a) by means of direct contact from the Placement Agents or (b) directly from
the Company as a result of a pre-exiting, substantial relationship with the Company, and the Shares were offered to Subscriber
solely by direct contact between Subscriber and any of the Placement Agents or the Company. Subscriber did not become aware of
this offering of the Shares, nor were the Shares offered to Subscriber, by any other means. Subscriber acknowledges that the Placement
Agents have not acted as its financial advisor or fiduciary. Subscriber acknowledges that the Company represents and warrants that
the Shares (i) were not offered by any form of general solicitation or general advertising and (ii) are not being offered
in a manner involving a public offering under, or in a distribution in violation of, the Securities Act, or any other federal,
state or foreign securities laws.

 

2.1.10        Subscriber
acknowledges that it is aware that there are substantial risks incident to the purchase and ownership of the Shares. Subscriber
has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of an investment
in the Shares, and Subscriber has sought such accounting, legal and tax advice as Subscriber has considered necessary to make an
informed investment decision. Subscriber understands and acknowledges that the purchase and sale of the Shares hereunder meets
(i) the exemptions from filing under FINRA Rule 5123(b)(1)(A) and (ii) the institutional customer exemption under FINRA Rule
2111(b).

 

2.1.11 Subscriber
represents and acknowledges that Subscriber has such knowledge and experience in financial and business matters as to be capable
of evaluating the merits and risks of the investment in the Shares, has adequately analyzed and fully considered the risks of an
investment in the Shares and determined that the Shares are a suitable investment for Subscriber and that Subscriber is able at
this time and in the foreseeable future to bear the economic risk of a total loss of Subscriber’s investment in the Company.
Subscriber further acknowledges specifically that a possibility of total loss of investment exists and that it is able to fend
for itself in the transactions contemplated herein.

 

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2.1.12        Subscriber
understands and agrees that no federal, state or other agency has passed upon or endorsed the merits of the offering of the Shares
or made any findings or determination as to the fairness of this investment.

 

2.1.13        Subscriber
represents and warrants that Subscriber is not (i) a person or entity named on the List of Specially Designated Nationals
and Blocked Persons administered by the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”)
or in any Executive Order issued by the President of the United States and administered by OFAC (“OFAC List”),
or a person or entity prohibited by any OFAC sanctions program, (ii) a Designated National as defined in the Cuban Assets
Control Regulations, 31 C.F.R. Part 515, or (iii) a non-U.S. shell bank or providing banking services indirectly to a non-U.S.
shell bank (collectively, a “Prohibited  Investor”). Subscriber agrees to provide law enforcement
agencies, if requested thereby, such records as required by applicable law, provided that Subscriber is permitted to do so under
applicable law. Subscriber represents that if it is a financial institution subject to the Bank Secrecy Act (31 U.S.C. Section 5311
et seq.) (the “BSA”), as amended by the USA PATRIOT Act of 2001 (the “PATRIOT Act”), and
its implementing regulations (collectively, the “BSA/PATRIOT Act”), that Subscriber maintains policies and procedures
reasonably designed to comply with applicable obligations under the BSA/PATRIOT Act. Subscriber also represents that, to the extent
required, it maintains policies and procedures reasonably designed for the screening of its investors against the OFAC sanctions
programs, including the OFAC List. Subscriber further represents and warrants that, to the extent required, it maintains policies
and procedures reasonably designed to ensure that the funds held by Subscriber and used to purchase the Shares were legally derived.

 

2.1.14        Subscriber
has, and at the Closing will have, sufficient available funds to pay the Purchase Price pursuant to Section 3.1.

 

2.1.15        Subscriber
represents that no disqualifying event described in Rule 506(d)(1)(i)-(viii) under the Securities Act (a “Disqualification
Event”) is applicable to Subscriber or any of its Rule 506(d) Related Parties (as defined below), except, if applicable,
for a Disqualification Event as to which Rule 506(d)(2)(ii) or (iii) or (d)(3) is applicable. Subscriber hereby agrees that
it shall notify the Company promptly in writing in the event a Disqualification Event becomes applicable to Subscriber or any of
its Rule 506(d) Related Parties, except, if applicable, for a Disqualification Event as to which Rule 506(d)(2)(ii) or (iii) or
(d)(3) is applicable. For purposes of this Section 2.1.15, “Rule 506(d) Related Party” shall mean a person
or entity that is a direct beneficial owner of Subscriber’s securities for purposes of Rule 506(d) under the Securities Act.

 

2.2        Company’s
Representations, Warranties and Agreements. To induce Subscriber to purchase the Shares, the Company or Pubco (as applicable)
hereby represents and warrants to Subscriber and agrees with Subscriber as follows:

 

2.2.1        Each
of the Company and Pubco has been duly incorporated and is validly existing as a corporation in good standing under the Delaware
General Corporation Law (the “DGCL”), with corporate power and authority to own, lease and operate its properties
and conduct its business as presently conducted and to enter into, deliver and perform its obligations under this Subscription
Agreement.

 

2.2.2        The
Shares have been duly authorized and, when issued and delivered to Subscriber against full payment for the Shares in accordance
with the terms of this Subscription Agreement and registered with the Company’s transfer agent, the Shares will be validly
issued, fully paid and non-assessable and the Shares will not have been authorized in violation of or subject to any preemptive
or similar rights created under the Company’s amended and restated certificate of incorporation or under the DGCL.

 

2.2.3        This
Subscription Agreement has been duly authorized, executed and delivered by each of the Company and Pubco and is enforceable against
it in accordance with its terms, except as may be limited or otherwise affected by (i) bankruptcy, insolvency, fraudulent
conveyance, reorganization, moratorium or other laws relating to or affecting the rights of creditors generally, and (ii) principles
of equity, whether considered at law or equity.

 

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2.2.4        The
execution, delivery and performance of this Subscription Agreement (including compliance by each of the Company and Pubco with
all of the provisions hereof), issuance and sale of the Shares and the consummation of the certain other transactions contemplated
herein will not (i) conflict with or result in a breach or violation of any of the terms or provisions of, or constitute a default
under, or result in the creation or imposition of any lien, charge or encumbrance upon any of the property or assets of the Company
or Pubco pursuant to the terms of any indenture, mortgage, deed of trust, loan agreement, lease, license or other agreement or
instrument to which the Company or Pubco is a party or by which the Company or Pubco is bound or to which any of the property or
assets of the Company or Pubco is subject, which would reasonably be expected to have a material adverse effect on the business,
properties, financial condition, stockholders’ equity or results of operations of the Company or Pubco (a “Material
Adverse Effect”) or materially affect the validity of the Shares or the legal authority of the Company or Pubco to comply
in all material respects with the terms of this Subscription Agreement; (ii) result in any violation of the provisions of
the organizational documents of the Company or Pubco; or (iii) result in any violation of any statute or any judgment, order,
rule or regulation of any court or governmental agency or body, domestic or foreign, having jurisdiction over the Company, Pubco
or any of their respective properties that would reasonably be expected to have a Material Adverse Effect or materially affect
the validity of the Shares or the legal authority of the Company or Pubco to comply in all material respects with this Subscription
Agreement.

 

2.2.5        None
of the Company, Pubco, nor any person acting on its or their behalf has, directly or indirectly, made any offers or sales of any
Company or Pubco security or solicited any offers to buy any security, under circumstances that would adversely affect reliance
by the Company or Pubco, as applicable, on Section 4(a)(2) of the Securities Act for the exemption from registration for the
transactions contemplated hereby or would require registration of the Shares under the Securities Act.

 

2.2.6        None
of the Company, Pubco nor any person acting on its behalf has conducted any general solicitation or general advertising (as those
terms are used in Regulation D under the Securities Act) in connection with the offer or sale of any of the Shares.

 

2.2.7        The
Company and Pubco has each provided Subscriber an opportunity to ask questions regarding the Company and Pubco and made available
to Subscriber all the information reasonably available to the Company or Pubco that Subscriber has requested for deciding whether
to acquire the Shares.

 

2.2.8        No
Disqualification Event is applicable to the Company or, to the Company’s knowledge, any Company Covered Person (as defined
below), except for a Disqualification Event as to which Rule 506(d)(2)(ii)-(iv) or (d)(3) under the Securities Act is applicable.
The Company has complied, to the extent applicable, with any disclosure obligations under Rule 506(e) under the Securities Act.
 “Company Covered Person” means, with respect to the Company as an “issuer” for purposes of Rule
506 under the Securities Act, any person listed in the first paragraph of Rule 506(d)(1) under the Securities Act.

 

2.2.9
        Until the earliest of (i) the first date on which the undersigned can sell all of
its Pubco Shares, under Rule 144 of the Securities Act without limitation as to the manner of sale or the amount of such
securities that may be sold and (ii) two years from the Closing Date, Pubco covenants to maintain the registration of the
Pubco Common Stock under Section 12(b) or 12(g) of the Exchange Act of 1934, as amended (the “Exchange
Act”) and to timely file (or obtain extensions in respect thereof and file within the applicable grace period) all
reports required to be filed by Pubco after the date hereof pursuant to the Exchange Act. At any time during the period
commencing from the 12-month anniversary of the Closing and ending at such time that all of the Pubco Shares may be sold
without the requirement for Pubco to be in compliance with Rule 144(c)(1) (as defined below) and otherwise without
restriction or limitation pursuant to Rule 144, if Pubco shall fail for any reason to satisfy the current public information
requirement under Rule 144(c) and the Shares are not then registered for resale by the Subscriber under the Securities Act (a
 “Public Information Failure”) then, in addition to such Subscriber’s other available remedies and
unless all of the Pubco Shares were registered Pubco’s registration statement on Form S-4 to be declared effective by
the Commission on the Closing Date, the Company shall pay to a Subscriber, in cash, as partial liquidated damages and not as
a penalty, by reason of any such delay in or reduction of its ability to sell the Shares, an amount in cash equal to one (1%)
of the aggregate Purchase Price of the Subscriber’s Shares on the day of a Public Information Failure and on every
thirtieth (30th) day (pro-rated for periods totaling less than thirty days) (“Monthly Liquidated
Damage”) thereafter until the earlier of (a) the date such Public Information Failure is cured and (b) such time
that such public information is no longer required  for the Subscriber to transfer the Shares pursuant to Rule 144;
provided that in no event shall the Monthly Liquidated Damage hereunder plus the monthly liquidated damage defined in the
Registration Rights Agreement shall exceed one (1%) of the aggregate Purchase Price of the Subscriber’s Shares. 
The payments to which the Subscriber shall be entitled pursuant to this Section 2.2.9 are referred to herein as
 “Public Information Failure Payments.”  Public Information Failure Payments shall be paid on the last
day of the calendar month during which such Public Information Failure Payments are incurred. In no event shall the Company
be required hereunder and under the Registration Rights Agreement to pay to such Subscriber an aggregate amount that exceeds
6.0% of the aggregate Purchase Price paid by such Subscriber for its Shares pursuant to this Subscription Agreement. The
Company may suspend the use of any such registration statement if it determines that in order for the registration statement
to not contain a material misstatement or omission, an amendment thereto would be needed to include information that would at
that time not otherwise be required in a current, quarterly, or annual report under the Exchange Act, as amended; provided,
that, the Company shall use commercially reasonable efforts to make such registration statement available for the sale by the
undersigned of such securities as soon as practicable thereafter.

 

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2.2.10       Following
the Disclosure Time (as defined in Section 7) or otherwise as required by applicable law, the Company covenants and agrees that
neither it, nor any other Person acting on its behalf will provide any Subscriber or its agents or counsel with any information
that constitutes, or the Company reasonably believes constitutes, material non-public information, unless prior thereto the Subscriber
shall have consented to the receipt of such information and agreed with the Company to keep such information confidential. The
Company understands and confirms that the Subscriber shall be relying on the foregoing covenant in effecting transactions in securities
of the Company; provided, that each Subscriber shall be solely responsible for its compliance with federal, state and foreign securities
laws.

 

2.2.11       From
the date hereof until 60 days after the date Effective Date (as defined in Section 4.4), neither the Company nor any
Subsidiary shall issue, enter into any agreement to issue or announce the issuance or proposed issuance of any shares of
Common Stock or Common Stock Equivalents. Notwithstanding the foregoing, this Section 2.2.11 shall not apply in respect
of an Exempt Issuance. “Common Stock Equivalents” means any securities of the Company or the subsidiaries
which would entitle the holder thereof to acquire at any time Common Stock, including, without limitation, any debt,
preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or
exchangeable for, or otherwise entitles the holder thereof to receive, Common Stock. “Exempt Issuance”
means the issuance of (a) shares of Common Stock or options to employees, officers or directors of the Company pursuant to
any stock or option plan duly adopted for such purpose, by the board of directors of the Company, (b) securities exercisable
or exchangeable for or convertible into shares of Common Stock issued and outstanding as of the Closing Date, provided that
such securities have not been amended since the date of the Closing to increase the number of such securities or to decrease
the exercise price, exchange price or conversion price of such securities (other than in connection with stock splits or
combinations) or to extend the term of such securities, (c) equity securities issued pursuant to acquisitions or strategic
transactions approved by the board of directors of the Company, provided that such securities are issued as “restricted
securities” (as defined in Rule 144) and carry no registration rights that require or permit the filing of any
registration statement in connection therewith during the prohibition period in this Section 2.2.11, and provided that
any such issuance shall only be to a counterparty (or to the equityholders of a counterparty) which is, itself or through its
subsidiaries, an operating company or an owner of an asset in a business synergistic with the business of the Company and
shall provide to the Company additional benefits in addition to the investment of funds, but shall not include a transaction
in which the Company is issuing securities primarily for the purpose of raising capital or to an entity whose primary
business is investing in securities, (d) shares and securities issued in connection with the Transaction and (e) shares of
Common Stock (i) issuable pursuant to Other Subscription Agreements on the same terms and conditions hereunder entered into
after the date hereof and prior to the earlier of (A) the initial filing of the registration statement required pursuant to
the Registration Rights Agreement and (B) the Filing Date (as defined in the Registration Rights Agreement), and (ii) that,
together with the shares of Common Stock issuable pursuant to this Subscription Agreement, do not exceed $250 million of
shares of Common Stock. Other than (i) the Other Subscription Agreements and (ii) the definitive documentation of a purchase
of securities of PureCycle entered into prior to the date hereof and not conditioned on the consummation of the Transaction,
the Company has not entered into any side letter or similar agreement with a subscriber under any Other Subscription
Agreement (an “Other Subscriber”) in connection with such Other Subscriber’s direct or indirect
investment in the Company.  No Other Subscription Agreements have been amended in any material respect following the
date of this Subscription Agreement, and each Other Subscription Agreement reflects the same Per Share Purchase Price and
terms that are not materially more favorable to such Other Subscriber thereunder than the terms of this Subscription
Agreement.

 

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2.2.12       As
of the date of this Subscription Agreement, the authorized capital stock of the Company consists of 50,000,000 shares of Common
Stock. As of the date of this Subscription Agreement, 9,828,000 shares of Common Stock are issued and outstanding and (ii) 5,936,625
shares of Common Stock are reserved for issuance upon the exercise of warrants (“Warrants”) to purchase shares
of Common Stock. All (i) issued and outstanding shares of Common Stock have been duly authorized and validly issued, are fully
paid and are non-assessable and are not subject to preemptive rights and (ii) outstanding Warrants have been duly authorized and
validly issued, are fully paid and are not subject to preemptive rights. As of the date hereof, except as set forth above pursuant
to the organizational documents or IPO of the Company, the Other Subscription Agreements, the Transaction Agreement and any promissory
notes that may be issued by the Company’s sponsor to the Company for working capital purposes, there are no outstanding options,
warrants or other rights to subscribe for, purchase or acquire from the Company any shares of Common Stock or other equity interests
in the Company, or securities convertible into or exchangeable or exercisable for such equity interests. As of the date hereof,
other than the subsidiary created for purposes of the Transaction, the Company has no subsidiaries and does not own, directly or
indirectly, interests or investments (whether equity or debt) in any person, whether incorporated or unincorporated. There are
no stockholder agreements, voting trusts or other agreements or understandings to which the Company is a party or by which it is
bound relating to the voting of any securities of the Company, other than (A) as set forth in the Company’s filings with
the Securities and Exchange Commission (the “Commission”), together with any amendments, restatements or supplements
thereto (the “SEC Documents”) and (B) as contemplated by the Transaction Agreement. Except as disclosed in the
SEC Documents, the Company had no outstanding indebtedness and will not have any outstanding long-term indebtedness as of immediately
prior to the Closing.

 

3.        Settlement
Date and Delivery.

 

3.1        Closing.
The closing of the Subscription contemplated hereby (the “Closing”) is contingent upon the substantially concurrent
consummation of the merger transactions as described in the Transaction Agreement. The Closing shall occur on the closing date
of, and immediately prior to, the consummation of the Transaction. Upon not less than three business days’ written notice
from (or on behalf of) the Company to Subscriber (the “Closing Notice”) that the Company reasonably expects
all conditions to the closing of the Transaction to be satisfied on a date that is not less than three (3) business days from
the date of the Closing Notice, Subscriber shall deliver to an independent third party escrow agent to the Closing selected by
the Placement Agents and reasonably acceptable to the Company (the “Escrow Agent”), at least one business day
prior to the closing date specified in the Closing Notice (the “Closing Date”), to be held in escrow until the
Closing pursuant to the terms of that certain Escrow Agreement entered into prior to the Closing, by and among the Company, Pubco,
the Escrow Agent and the Placement Agents (the “Escrow Agent”), the Purchase Price for the Shares by wire transfer
of United States dollars in immediately available funds to the account specified by the Escrow Agent in the Closing Notice against
delivery by the Company to Subscriber of the Shares in book-entry form (or in certificated form if indicated by the Subscriber
on the Subscriber’s signature page hereto) for disbursement to Pubco in connection with the consummation of the transaction
contemplated by the Transaction Agreement (other than the aggregate par value of the Shares, which will be paid to the Company).
All costs related to engagement of the Escrow Agent shall be paid by the Company. In the event the Closing does not occur within
two business days of the Closing Date, the Escrow Agent shall promptly (but not later than two business days thereafter) return
the Purchase Price to Subscriber otherwise pursuant to the terms of the Escrow Agreement.

 

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3.       Conditions
to Closing.

 

3.2.1       The
Closing shall be subject to the satisfaction or valid waiver by the Company, on the one hand, or the Subscriber, on the other,
of the conditions that, on the Closing Date:

 

(i)        No
suspension of the qualification of the Shares for offering or sale or trading in any jurisdiction, or initiation or threatening
of any proceedings for any of such purposes, shall have occurred.

 

(ii)        No
governmental authority shall have enacted, issued, promulgated, enforced or entered any judgment, order, rule or regulation (whether
temporary, preliminary or permanent) which is then in effect and has the effect of making consummation of the transactions contemplated
hereby illegal or otherwise preventing or prohibiting consummation of the transactions contemplated hereby.

 

(iii)        All
conditions precedent to the consummation of the Transaction set forth in the Transaction Agreement shall have been satisfied or
waived (other than those conditions that, by their nature, may only be satisfied at the consummation of the Transaction, but subject
to satisfaction of such conditions as of the consummation of the Transaction).

 

(iv)        No
Material Adverse Effect (as defined in the Transaction Agreement) shall have occurred between the date of the Transaction Agreement
and the Closing Date that is continuing.

 

3.2.2        The
obligation of the Company to consummate the Closing shall be subject to the satisfaction or valid waiver by the Company of the
additional conditions that, on the Closing Date:

 

(i)        All
representations and warranties of the Subscriber contained in this Subscription Agreement shall be true and correct in all material
respects as of the Closing Date (other than those representations and warranties expressly made as of an earlier date, which shall
be true and correct in all material respects as of such date), and consummation of the Closing shall constitute a reaffirmation
by Subscriber of each of the representations, warranties and agreements contained in this Subscription Agreement as of the Closing
Date (other than those representations and warranties expressly made as of an earlier date, which shall be true and correct in
all respects as of such date).

 

(ii)        The
Subscriber shall have performed or complied in all material respects with all agreements and covenants required by this Subscription
Agreement.

 

(iii)        The
Subscriber shall have delivered a duly executed Registration Rights Agreement in the form of Exhibit A attached hereto (the
 “Registration Rights Agreement”).

 

3.2.3        The
obligation of the Subscriber to consummate the Closing shall be subject to the satisfaction or valid waiver by the Subscriber of
the additional conditions that, on the Closing Date:

 

(i)        All
representations and warranties of the Company contained in this Subscription Agreement shall be true and correct in all material
respects as of the Closing Date (other than those representations and warranties expressly made as of an earlier date, which shall
be true and correct in all material respects as of such date), and consummation of the Closing shall constitute a reaffirmation
by the Company of each of the representations, warranties and agreements contained in this Subscription Agreement as of the Closing
Date (other than those representations and warranties expressly made as of an earlier date, which shall be true and correct in
all respects as of such date).

 

(ii)        The
Company shall have performed or complied in all material respects with all agreements and covenants required by this Subscription
Agreement.

 

(iii)        Pubco
shall have delivered a duly executed Registration Rights Agreement.

 

(iv)        Pubco
shall have filed with the Nasdaq Capital Market (“Nasdaq”) an application for the listing of the Shares and
Nasdaq shall have raised no objection with respect thereto.

 

(v)        The
Transaction Agreement (as the same exists on the date of this Subscription Agreement) shall not have been amended to materially
adversely affect the economic benefits that the Subscriber would reasonably expect to receive under this Subscription Agreement
without having received Subscriber’s prior written consent.

 

(vi)
        All conditions precedent to the closing of the Transaction set forth in the
Transaction Agreement shall have been satisfied or waived (other than those conditions that may only be satisfied at the
closing of the Transaction, but subject to the satisfaction or waiver of such conditions as of the closing of the
Transaction).

 

    8

     

    

 

4.       Transfer
Restrictions.

 

4.1       The
Shares, and after the consummation of the Transaction, the Pubco Shares, may only be resold, transferred, pledged or otherwise
disposed of in compliance with state and federal securities laws. In connection with any transfer of Shares other than pursuant
to an effective registration statement, Rule 144 under the Securities Act (“Rule 144”) or pursuant to another
applicable exemption from the registration requirements of the Securities Act, or a transfer to the Company or Pubco, as applicable
or to one or more Subscriber Affiliates or to a lender to Subscriber pursuant to a pledge and, thereafter, a transferee thereof
pursuant to a foreclosure, of the Subscriber, the Company or Pubco, as applicable, may require the transferor thereof to provide
to the Company or Pubco, as applicable, an opinion of counsel selected by the transferor and reasonably acceptable to the Company
or Pubco, as applicable, the form and substance of which opinion shall be reasonably satisfactory to the Company or Pubco, as applicable,
to the effect that such transfer does not require registration of such transferred Shares, and after the consummation of the Transaction,
the Pubco Shares, under the Securities Act. As a condition of transfer, any such transferee shall agree in writing to be bound
by the terms of this Subscription Agreement and the Registration Rights Agreement and such transferee and each Subscriber Affiliate
transferee and each lender transferee and their subsequent transferees shall have the rights and obligations of the Subscriber
under this Agreement and the Registration Rights Agreement.

 

4.2       The
Company and Pubco acknowledge and agree that the Subscriber may from time to time pledge pursuant to a bona fide margin agreement
with a registered broker-dealer or grant a security interest in some or all of the Shares or the Pubco Shares, as applicable, to
a financial institution that is an “accredited investor” as defined in Rule 501(a) under the Securities Act and, if
required under the terms of such arrangement, the Subscriber may transfer pledged or secured Shares or Pubco Shares, as applicable,
to the pledgees or secured parties. Such a pledge or transfer would not be subject to approval of the Company or Pubco, as applicable,
and no legal opinion of legal counsel of the pledgee, secured party or pledgor shall be required in connection therewith; further,
no notice shall be required of such pledge; provided that the Subscriber and its pledgee shall be required to comply with
other provisions of Section 4 hereof in order to effect a sale, transfer or assignment of the Shares or Pubco Shares, as applicable,
to such pledgee. At the Subscriber’s expense, the Company or Pubco, as applicable, will execute and deliver such reasonable
documentation as a pledgee or secured party of the Shares or the Pubco Shares, as applicable, may reasonably request in connection
with a pledge or transfer of the Shares or the Pubco Shares, as applicable.

 

4.3        The
Subscriber agrees to the imprinting, so long as is required by this Section 4, of a legend on any of the Shares, and
after the consummation of the Transaction, the Pubco Shares, in the following form:

 

THIS SECURITY
HAS NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON
AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY,
MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE
EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH
APPLICABLE FEDERAL, STATE AND FOREIGN SECURITIES LAWS.

 

4.4       Subject
to applicable requirements of the Securities Act and the interpretations of the Commission thereunder and any requirements of
the Company’s or Pubco’s transfer agent, the Company and Pubco shall ensure that instruments, whether
certificated or uncertificated, evidencing the Shares or Pubco Shares, as applicable, shall not contain any legend (including
the legend set forth in Section 4.3), (i) while a registration statement covering the resale of such Shares or
Pubco Shares, as applicable, is effective under the Securities Act, (ii) following any sale of such Shares pursuant to Rule
144, (iii) if such Shares or Pubco Shares, as applicable, are eligible for sale under Rule 144, without the requirement for
the Company or Pubco to be in compliance with the current public information required under Rule 144 and without volume or
manner-of-sale restrictions, and in each case, the Subscriber provides the Company and Pubco with an undertaking to effect
any sales or other transfers in accordance with the Securities Act, or (iv) if such legend is not required under applicable
requirements of the Securities Act (including judicial interpretations and pronouncements issued by the staff of the
Commission) (the earliest of such dates, the “Effective Date”).

 

    9

     

    

 

4.5       The
Subscriber agrees with the Company and Pubco that the Subscriber will sell any Shares, and after the consummation of the Transaction,
the Pubco Shares, pursuant to either the registration requirements of the Securities Act, including any applicable prospectus delivery
requirements, or an exemption therefrom, and that if Shares, and after the consummation of the Transaction, the Pubco Shares, are
sold pursuant to a registration statement, they will be sold in compliance with the plan of distribution set forth therein, and
acknowledges that the removal of the restrictive legend from instruments representing Shares, and after the consummation of the
Transaction, the Pubco Shares, as set forth in this Section 4 is predicated upon the Company’s reliance upon
this understanding.

 

5.        Termination.
Except for the provisions of Sections 5, 6 and 8, which shall survive any termination hereunder, this Subscription Agreement shall
terminate and be void and of no further force and effect, and all rights and obligations of the parties hereunder shall terminate
without any further liability on the part of any party in respect thereof, upon the earlier to occur of (i) such date and
time as the Transaction Agreement is terminated in accordance with its terms, (ii) upon the mutual written agreement of each
of the parties hereto to terminate this Subscription Agreement, (iii) if any of the conditions to Closing set forth in Section 3.2
of this Subscription Agreement are not satisfied or waived on or prior to the Closing and, as a result thereof, the transactions
contemplated by this Subscription Agreement are not consummated at the Closing or (iv) if the Closing shall not have occurred on
or before May 31, 2021; provided, that, subject to the limitations set forth in Section 8, nothing herein will relieve
any party from liability for any willful breach hereof prior to the time of termination, and each party will be entitled to any
remedies at law or in equity to recover losses, liabilities or damages arising from such breach. The Company shall promptly notify
Subscriber of the termination of the Transaction Agreement promptly after the termination of such agreement.

 

6.        Miscellaneous.

 

6.1        Further
Assurances. At the Closing, the parties hereto shall execute and deliver such additional documents and take such additional
actions as the parties reasonably may deem to be practical and necessary in order to consummate the Subscription as contemplated
by this Subscription Agreement.

 

6.1.1        Subscriber
acknowledges that the Company, Pubco, the Placement Agents and others will rely on the acknowledgments, understandings, agreements,
representations and warranties contained in this Subscription Agreement. Prior to the Closing, Subscriber agrees to promptly notify
the Company if any of the acknowledgments, understandings, agreements, representations and warranties set forth herein are no longer
accurate in all material respects. Subscriber further acknowledges and agrees that the Placement Agents are third-party beneficiaries
of the representations and warranties of the Subscriber contained in Section 2.1 of this Subscription Agreement.

 

6.1.2        The
Company and Pubco are entitled to rely upon this Subscription Agreement and is irrevocably authorized to produce this Subscription
Agreement or a copy hereof to any interested party in any administrative or legal proceeding or official inquiry with respect to
the matters covered hereby.

 

6.1.3        The
Company may request from Subscriber such additional information as the Company may deem necessary to evaluate the eligibility of
Subscriber to acquire the Shares, and Subscriber shall use reasonable best efforts to provide such information as may be reasonably
requested, to the extent readily available and to the extent consistent with its internal policies and procedures.

 

6.1.4        Subscriber
shall pay all of its own expenses in connection with this Subscription Agreement and the transactions contemplated herein.

 

    10

     

    

 

 

6.2
        Notices. Any notice or communication required or permitted hereunder shall
be in writing and either delivered personally, emailed or sent by overnight mail via a reputable overnight carrier, or sent
by certified or registered mail, postage prepaid, and shall be deemed to be given and received (i) when so delivered
personally, (ii) when sent, with no mail undeliverable or other rejection notice, if sent by email, or (iii) three
(3) business days after the date of mailing to the address below or to such other address or addresses as such person may
hereafter designate by notice given hereunder:

 

(i) if to Subscriber,
to such address or addresses set forth on the signature page hereto;

 

(ii) if to the Company
or Pubco (prior to the Transaction closing), to:

 

Roth CH Acquisition I Co.

888 San Clemente Drive, Suite 400

Newport Beach, CA 92660

Attention: Byron Roth

E-mail:  

 

with a required copy to (which copy shall not constitute
notice):

 

Loeb & Loeb LLP

345 Park Avenue, 19th Floor

New York, NY 10154

Attention: Mitchell S. Nussbaum, Esq.

E-mail: mnussbaum@loeb.com

 

(iii) if to the Company (following the
Transaction closing), to:

 

PureCycle Technologies LLC

5950 Hazeltine National Drive, Suite 650

Orlando, Florida 32822

Attention: David Brenner

E-mail: 

 

with a required copy to (which copy shall not constitute
notice):

 

Jones Day

1420 Peachtree Street, NE, Suite 800

Atlanta, Georgia 30309

Attention: Bryan E. Davis, Joel T. May and Patrick S. Baldwin

E-mail:      bedavis@jonesday.com;
jtmay@jonesday.com; pbaldwin@jonesday.com

 

6.3          Entire
Agreement. This Subscription Agreement, together with the Registration Rights Agreement, constitutes the entire agreement,
and supersedes all other prior agreements, understandings, representations and warranties, both written and oral, among the parties,
with respect to the subject matter hereof. Except as otherwise expressly set forth in Section 6.1.1, this Subscription Agreement
shall not confer rights or remedies upon any person other than the parties hereto and their respective successors and assigns.

 

6.4          Modifications
and Amendments. This Subscription Agreement may not be modified, waived or terminated except by an instrument in writing, signed
by a majority in interest of, collectively, the Subscriber and subscribers party to the Other Subscription Agreements; provided,
however, any material modification, waiver or termination to the economic terms of the transactions contemplated under this
Subscription Agreement shall require the prior written consent of the Subscriber if the Subscriber has an aggregate Purchase price
of at least $10 million.

 

6.5          Waivers
and Consents. The terms and provisions of this Subscription Agreement may be waived, or consent for the departure therefrom
granted, only by a written document executed by a majority in interest of, collectively, the Subscriber and subscribers party to
the Other Subscription Agreements. No such waiver or consent shall be deemed to be or shall constitute a waiver or consent with
respect to any other terms or provisions of this Subscription Agreement, whether or not similar. Each such waiver or consent shall
be effective only in the specific instance and for the purpose for which it was given, and shall not constitute a continuing waiver
or consent.

 

6.6
          Assignment., Neither this Subscription Agreement nor any rights
that may accrue to Subscriber hereunder (other than the Shares acquired hereunder, if any) may be transferred or assigned; provided, however,
Subscriber may transfer its rights and obligations hereunder to another one or more investment fund or account managed or
advised by the same manager as Subscriber (or a related party or affiliate) defined above as a Subscriber Affiliate or a
lender and, through a lender, a transferee of the lender upon default, provided, that no such transfer shall release
Subscriber of its obligations hereunder unless (a) the assignee expressly does not assume such obligations in the applicable
transfer documentation and (b) upon request, such assignee fails to provide documentation reasonably satisfactory to the
Company that assignee can satisfy such obligations.

 

    11

     

    

 

6.7           Benefit.
Except as otherwise provided herein, this Subscription Agreement shall be binding upon, and inure to the benefit of the parties
hereto and their heirs, executors, administrators, successors, legal representatives, and permitted assigns, and the agreements,
representations, warranties, covenants and acknowledgments contained herein shall be deemed to be made by, and be binding upon,
such heirs, executors, administrators, successors, legal representatives and permitted assigns.

 

6.8           Governing
Law. This Subscription Agreement, and any claim or cause of action hereunder based upon, arising out of or related to this
Subscription Agreement (whether based on law, in equity, in contract, in tort or any other theory) or the negotiation, execution,
performance or enforcement of this Subscription Agreement, shall be governed by and construed in accordance with the laws of the
State of New York, without giving effect to the principles of conflicts of law thereof.

6.9           Consent
to Jurisdiction; Waiver of Jury Trial. The parties hereto agree to submit any matter or dispute resulting from or arising out
of the execution, performance, interpretation, breach or termination of this Agreement to the non-exclusive jurisdiction of federal
or state courts within the State of New York. Each of the Parties agrees that service of any process, summons, notice or document
in the manner set forth in Section 6.2 hereof or in such other manner as may be permitted by applicable law, shall be effective
service of process for any proceeding in the State of New York with respect to any matters to which it has submitted to jurisdiction
in this Section 6.9. Each of the parties hereto irrevocably and unconditionally agrees that it is subject to, and hereby submits
to, the personal jurisdiction of the courts located in the State of New York for any action, suit or proceeding arising out of
this Subscription Agreement or the transactions contemplated hereunder and waives any objection to the laying of venue in the United
States District Court for the Southern District of New York, or the New York state courts if the federal jurisdictional standards
are not satisfied, and hereby further irrevocably and unconditionally waives and agrees not to plead or claim in any such court
that any such action, suit or proceeding brought in any such court has been brought in an inconvenient forum. TO THE FULLEST EXTENT
PERMITTED BY APPLICABLE LAW, EACH OF THE PARTIES HEREBY IRREVOCABLY WAIVES ITS RIGHTS TO A TRIAL BY JURY.

 

6.10         Severability.
If any provision of this Subscription Agreement shall be invalid, illegal or unenforceable, the validity, legality or enforceability
of the remaining provisions of this Subscription Agreement shall not in any way be affected or impaired thereby and shall continue
in full force and effect.

 

6.11         No
Waiver of Rights, Powers and Remedies. No failure or delay by a party hereto in exercising any right, power or remedy under
this Subscription Agreement, and no course of dealing between the parties hereto, shall operate as a waiver of any such right,
power or remedy of such party. No single or partial exercise of any right, power or remedy under this Subscription Agreement by
a party hereto, nor any abandonment or discontinuance of steps to enforce any such right, power or remedy, shall preclude such
party from any other or further exercise thereof or the exercise of any other right, power or remedy hereunder. The election of
any remedy by a party hereto shall not constitute a waiver of the right of such party to pursue other available remedies. No notice
to or demand on a party not expressly required under this Subscription Agreement shall entitle the party receiving such notice
or demand to any other or further notice or demand in similar or other circumstances or constitute a waiver of the rights of the
party giving such notice or demand to any other or further action in any circumstances without such notice or demand.

 

6.12        Survival
of Representations and Warranties. All representations and warranties made by the parties hereto in this Subscription Agreement
or in any other agreement, certificate or instrument provided for or contemplated hereby, shall survive the execution and delivery
hereof and any investigations made by or on behalf of the parties.

 

6.13         Expenses.
Except for placement fees payable to the Placement Agents, the Company has not paid, and is not obligated to pay, any brokerage,
finder’s or other fee or commission in connection with its issuance and sale of the Shares, including, for the avoidance
of doubt, any fee or commission payable to any stockholder or affiliate of the Company. Each of the parties hereto shall pay all
of its own expenses in connection with this Subscription Agreement and the transactions contemplated hereby.

 

    12

     

    

 

6.14        Headings
and Captions. The headings and captions of the various subdivisions of this Subscription Agreement are for convenience of reference
only and shall in no way modify or affect the meaning or construction of any of the terms or provisions hereof.

 

6.15         Counterparts.
This Subscription Agreement may be executed in one or more counterparts, all of which when taken together shall be considered one
and the same agreement and shall become effective when counterparts have been signed by each party and delivered to the other party,
it being understood that both parties need not sign the same counterpart. In the event that any signature is delivered by facsimile
transmission or any other form of electronic delivery, such signature shall create a valid and binding obligation of the party
executing (or on whose behalf such signature is executed) with the same force and effect as if such signature page were an original
thereof.

 

6.16        Construction.
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 Subscription Agreement,” “herein,” “hereof,”
 “hereby,” “hereunder,” and words of similar import refer to this Subscription 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.

 

6.17         Intended
Tax Treatment. For U.S. federal income tax purposes, the Subscribers’ beneficial ownership of the Common Stock shall
be disregarded as transitory, and the Purchase Price shall be treated as paid by Subscribers to Pubco for Pubco Common Stock as
part of the same plan as the transfer of other property to Pubco for Pubco Common Stock, in a single integrated transaction that
satisfies the requirements of Section 351 of the Internal Revenue Code.

 

7.            Disclosure.
The Subscriber hereby acknowledges that the terms of this Subscription Agreement will be disclosed by the Company in a Current
Report on Form 8-K filed with the SEC (the time of such filing, “Disclosure Time”) and a form of this Subscription
Agreement will be filed with the SEC as an exhibit thereto. From and after the Disclosure Time, the Company represents to the Subscriber
that it shall have publicly disclosed all material, non-public information delivered to the Subscriber by the Company or any of
its officers, directors, employees or agents in connection with the transactions contemplated by the Subscription Agreement and
the Transaction Agreement. In addition, effective upon the Disclosure Time, the Company acknowledges and agrees that any and all
confidentiality or similar obligations under any agreement, whether written or oral, between the Company or any of its officers,
directors, agents, employees or affiliates on the one hand, and any of the Subscribers or any of their affiliates on the other
hand, shall terminate.

 

8.             Trust
Account Waiver. Subscriber acknowledges that the Company is a blank check company with the powers and privileges to effect
a merger, asset acquisition, reorganization or similar business combination involving the Company and one or more businesses or
assets. Subscriber further acknowledges that, as described in the Company’s prospectus relating to its initial public offering
(the “IPO”) dated May 4, 2020 (the “Prospectus”) available at www.sec.gov, substantially
all of the Company’s assets consist of the cash proceeds of Company’s initial public offering and private placements
of its securities, and substantially all of those proceeds have been deposited in a trust account (the “Trust Account”)
for the benefit of Company, its public shareholders and the underwriters of Company’s initial public offering. Except with
respect to interest earned on the funds held in the Trust Account that may be released to Company to pay its tax obligations, if
any, the cash in the Trust Account may be disbursed only for the purposes set forth in the Prospectus. For and in consideration
of the Company entering into this Subscription Agreement, the receipt and sufficiency of which are hereby acknowledged, Subscriber,
on behalf of itself and its representatives, hereby irrevocably waives any and all right, title and interest, or any claim of any
kind they have or may have in the future, in or to any monies held in the Trust Account, and agrees not to seek recourse against
the Trust Account as a result of, or arising out of, this Subscription Agreement; provided, however, that nothing in this
Section 8 shall be deemed to limit any Subscriber’s right, title, interest or claim to the Trust Account by virtue
of such Subscriber’s record or beneficial ownership of securities of the Company acquired by any means other than pursuant
to this Subscription Agreement, including but not limited to any redemption right with respect to any such securities of the Company.

 

[Signature Page Follows]

 

    13

     

    

 

IN WITNESS WHEREOF, each of the Company, Pubco and Subscriber
has executed or caused this Subscription Agreement to be executed by its duly authorized representative as of the date set forth
below.

 

	 	ROTH CH ACQUISITION I CO.
	 	 	 
	 	By:	
                         
	 	Name:
	 	Title:

 

	 	ROTH CH ACQUISITION I CO. PARENT CORP.
	 	 
	 	By:	                       
	 	Name:
	 	

        Title:

 

[SIGNATURE PAGE OF SUBSCRIBER
FOLLOWS]

 

     

     

    

 

[SIGNATURE PAGE OF SUBSCRIBER]

 

 

	Accepted and agreed this __th day of [____], 2020.

 

	

SUBSCRIBER:	 	 
	 	 	 
	Signature of Subscriber:	 	Signature of Joint Subscriber, if applicable:
	 	 	 
	By:	                           	 	By:	                      
	Name:	 	Name:
	Title:	 	Title:
	 	 	 
	Date: [•], 2020	 	 
	 	 	 
	Name of Subscriber:	 	Name of Joint Subscriber, if applicable:
	 	 	 
	 	 	 
	

        (Please print. Please indicate name and capacity of
person signing above)
	 	

        (Please Print. Please indicate name and capacity of person signing
        above)

        

	 	 	 
	 	 	 
	

        Name in which securities are to be registered (if different
from the name of Subscriber listed directly above):
	 	 

 

Email Address:

 

	If there are joint investors, please check one:
	 
	 ̈   	Joint Tenants with Rights of Survivorship
	 
	 ̈  	Tenants-in-Common

	 
	 ̈  	Community
Property

 

	Subscriber’s EIN:	 	 	Joint Subscriber’s EIN: 
	 	 	 	 

 

	Business Address-Street:	 	Mailing Address-Street (if different):
	 	 	 
	 	 	 
	 	 	 
	City, State, Zip:	 	City, State, Zip:

 

	Attn:	 	Attn:

 

	Telephone No.: 	 	 	Telephone No.: 	 
	 	 
	Facsimile No.: 	 	 	Facsimile No.: 	 

 

	Aggregate Number of Shares
        subscribed for:
	 
	 	 
	 	 
	Aggregate Purchase Price:                     $
    .	 

 

You must pay the Purchase Price by wire transfer of U.S. dollars
in immediately available funds to the account specified by the Company in the Closing Notice.

 

If Subscriber wants certificated Shares rather than book-entry
form, indicate here: _____

 

    15

     

    

 

SCHEDULE A 

ELIGIBILITY REPRESENTATIONS OF SUBSCRIBER

 

	A.	QUALIFIED INSTITUTIONAL BUYER STATUS 
	 	   (Please check the applicable subparagraphs):

 

	 	1.	 ̈ We are a “qualified institutional buyer” (as defined in Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) (a “QIB”)). 

 

	 	2.	 ̈ We are subscribing for the Shares as a fiduciary or agent for one or more investor accounts, and each owner of such account is a QIB. 

 

*** OR ***

 

	B.	INSTITUTIONAL ACCREDITED INVESTOR STATUS 
	 	   (Please check the applicable subparagraphs):

 

	 	1.	 ̈ We are an “accredited investor” (within the meaning of Rule 501(a) under the Securities Act) or an entity in which all of the equity holders are accredited investors within the meaning of Rule 501(a) under the Securities Act, and have marked and initialed the appropriate box on the following page indicating the provision under which we qualify as an “accredited investor.” 

 

	 	2.	 ̈ We are not a natural person. 

 

*** AND ***

 

	C.	AFFILIATE STATUS 
	 	   (Please check the applicable box) SUBSCRIBER:

 

	 	 ̈	is: 

 

	 	 ̈	is not: 

 

an “affiliate” (as defined in Rule 144
under the Securities Act) of the Company or acting on behalf of an affiliate of the Company.

 

This page should be completed by Subscriber

and constitutes a part of the Subscription
Agreement. 

 

Rule 501(a), in relevant part, states that an “accredited
investor” shall mean any person who comes within any of the below listed categories, or who the issuer reasonably believes
comes within any of the below listed categories, at the time of the sale of the securities to that person. Subscriber has indicated,
by marking and initialing the appropriate box below, the provision(s) below which apply to Subscriber and under which Subscriber
accordingly qualifies as an “accredited investor.”

 

 ̈
Any bank, registered broker or dealer, insurance company, registered investment company, business development company, or small
business investment company; any plan established and maintained by a state, its political subdivisions, or any agency or instrumentality
of a state or its political subdivisions, for the benefit of its employees, if such plan has total assets in excess of $5,000,000;
any employee benefit plan within the meaning of the Employee Retirement Income Security Act of 1974 if the investment decision
is made by a plan fiduciary, which is either a bank, savings and loan association, insurance company, or registered investment
adviser, or if the employee benefit plan has total assets in excess of $5,000,000 or, if a self-directed plan, with investment
decisions made solely by persons that are accredited investors;

 

 ̈
Any private business development company as defined in Section 202(a)(22) of the Investment Advisers Act of 1940;

 

    16

     

    

 

 ̈
Any organization described in Section 501(c)(3) of the Internal Revenue Code, corporation, Massachusetts or similar business
trust, or partnership, not formed for the specific purpose of acquiring the securities offered, with total assets in excess of
$5,000,000;

 

 ̈
Any director, executive officer, or general partner of the issuer of the securities being offered or sold, or any director, executive
officer, or general partner of a general partner of that issuer;

 

 ̈
Any natural person whose individual net worth, or joint net worth with that person’s spouse, exceeds $1,000,000. For purposes
of calculating a natural person’s net worth: (i) the person’s primary residence shall not be included as an asset;
(ii) indebtedness that is secured by the person’s primary residence, up to the estimated fair market value of the primary
residence at the time of the sale of securities, shall not be included as a liability (except that if the amount of such indebtedness
outstanding at the time of sale of securities exceeds the amount outstanding 60 days before such time, other than as a result of
the acquisition of the primary residence, the amount of such excess shall be included as a liability); and (iii) indebtedness
that is secured by the person’s primary residence in excess of the estimated fair market value of the primary residence at
the time of the sale of securities shall be included as a liability;

 

 ̈
Any natural person who had an individual income in excess of $200,000 in each of the two most recent years or joint income with
that person’s spouse in excess of $300,000 in each of those years and has a reasonable expectation of reaching the same income
level in the current year;

 

 ̈
Any trust, with total assets in excess of $5,000,000, not formed for the specific purpose of acquiring the securities offered,
whose purchase is directed by a sophisticated person; or

 

 ̈
Any entity in which all of the equity owners are accredited investors meeting one or more of the above tests.

 

    17EXHIBIT 10.4

 

FORM OF REGISTRATION RIGHTS
AGREEMENT

 

This Registration Rights
Agreement (this “Agreement”) is made and entered into as of November 16, 2020 between Roth CH Acquisition I
Co. Parent Corp., a Delaware corporation (the “Company”), and each of the several subscribers signatory hereto
(each such Subscriber, a “Subscriber” and, collectively, the “Subscribers”).

 

This Agreement is
made pursuant to the Subscription Agreements between the Company and each of the Subscribers signatory thereto (collectively, the
 “Subscription Agreements”).

 

The Company and each
Subscriber hereby agrees as follows:

 

1.        Definitions.

 

Capitalized terms
used and not otherwise defined herein that are defined in the Subscription Agreements shall have the meanings given such terms
in the Subscription Agreements. As used in this Agreement, the following terms shall have the following meanings:

 

“Advice”
shall have the meaning set forth in Section 6(d).

 

“Business
Day” means a day other than Saturday, Sunday or other day on which commercial banks in New York, New York are authorized
or required by law to close.

 

“Closing
Date” means the date on which the transactions contemplated pursuant to the Subscription Agreements have been consummated.

 

“Effectiveness
Date” means, with respect to the Initial Registration Statement required to be filed hereunder, the 60th calendar
day following the Closing Date (or, in the event the Commission notifies the Company that it will “review” the Registration
Statement, the 90th calendar day following the date hereof) and with respect to any additional Registration Statements
which may be required pursuant to Section 2(c) or Section 3(c), the 60th calendar day following the date on which an
additional Registration Statement is required to be filed hereunder; provided, however, if such Effectiveness Date
falls on a day that is not a Business Day, then the Effectiveness Date shall be the next succeeding business day; provided, further,
that if the Commission is closed for operations due to a government shutdown, the Effectiveness Date shall be extended by the same
amount of days that the Commission remains closed for operations.

 

“Effectiveness
Period” shall have the meaning set forth in Section 2(a).

 

“Event”
shall have the meaning set forth in Section 2(d).

 

    

     

    

 

“Event
Date” shall have the meaning set forth in Section 2(d).

 

“Filing
Date” means, with respect to the Initial Registration Statement required hereunder, the 10th calendar day
following the date on which the Company first files the Proxy Statement with the Commission and, with respect to any additional
Registration Statements which may be required pursuant to Section 2(c) or Section 3(c), the earliest practical date on which the
Company is permitted by SEC Guidance to file such additional Registration Statement related to the Registrable Securities.

 

“Holder”
or “Holders” means the holder or holders, as the case may be, from time to time of Registrable Securities.

 

“Indemnified
Party” shall have the meaning set forth in Section 5(c).

 

“Indemnifying
Party” shall have the meaning set forth in Section 5(c).

 

“Initial
Registration Statement” means the initial Registration Statement filed pursuant to this Agreement.

 

“Losses”
shall have the meaning set forth in Section 5(a).

 

“Merger
Registration Statement” means a registration statement on Form S-4 filed by the Company with the Commission in compliance
with the Securities Act and the rules and regulations promulgated thereunder for the purpose of registering Pubco Shares (as defined
in the Subscription Agreement) to be issued in connection with the Transaction.

 

“Person”
means any individual, corporation, partnership, joint venture, limited liability company, estate, trust, unincorporated association,
any federal, state, county or municipal government or any bureau, department or agency thereof and any fiduciary acting in such
capacity on behalf of any of the foregoing.

 

“Plan
of Distribution” shall have the meaning set forth in Section 2(a).

 

“Prospectus”
means the prospectus included in a Registration Statement (including, without limitation, a prospectus that includes any information
previously omitted from a prospectus filed as part of an effective registration statement in reliance upon Rule 430A promulgated
by the Commission pursuant to the Securities Act), as amended or supplemented by any prospectus supplement, with respect to the
terms of the offering of any portion of the Registrable Securities covered by a Registration Statement, and all other amendments
and supplements to the Prospectus, including post-effective amendments, and all material incorporated by reference or deemed to
be incorporated by reference in such Prospectus.

 

    2

     

    

 

“Proxy
Statement/Prospectus” means the proxy statement/prospectus contained in the Merger Registration Statement to be filed
in connection with the solicitation of proxies from holders of the Company for the matters to be acted upon at the stockholder
meeting approving the Transaction.

 

“Registrable
Securities” means, as of any date of determination, (a) all Pubco Shares (including Pubco Shares issued to the Subscribers
in the Transaction with respect to any equity interests of PureCycle Technologies LLC owned by the Subscribers) and (b) any securities
issued or then issuable upon any stock split, dividend or other distribution, recapitalization or similar event with respect to
the foregoing; provided, however, that any such Registrable Securities shall cease to be Registrable Securities (and the
Company shall not be required to maintain the effectiveness of any, or file another, Registration Statement hereunder with respect
thereto) for so long as (i) they have been included in the Proxy Statement/Prospectus and their issuance is accordingly registered
under the Securities Act, (ii) they have been sold under a Registration Statement required hereunder or pursuant to Rule 144 or
(iii) it has been two years from the Closing Date.

 

“Registration
Statement” means any registration statement required to be filed hereunder pursuant to Section 2(a) and any additional
registration statements contemplated by Section 2(c) or Section 3(c), including (in each case) the Prospectus, amendments and supplements
to any such registration statement or Prospectus, including pre- and post-effective amendments, all exhibits thereto, and all material
incorporated by reference or deemed to be incorporated by reference in any such registration statement.

 

“Rule
415” means Rule 415 promulgated by the Commission pursuant to the Securities Act, as such Rule may be amended or interpreted
from time to time, or any similar rule or regulation hereafter adopted by the Commission having substantially the same purpose
and effect as such Rule.

 

“Rule
424” means Rule 424 promulgated by the Commission pursuant to the Securities Act, as such Rule may be amended or interpreted
from time to time, or any similar rule or regulation hereafter adopted by the Commission having substantially the same purpose
and effect as such Rule.

 

“Selling
Stockholder Questionnaire” shall have the meaning set forth in Section 3(a).

 

“SEC
Guidance” means (i) any publicly-available written or oral guidance of the Commission staff, or any comments, requirements
or requests of the Commission staff and (ii) the Securities Act and the rules and regulations promulgated thereunder.

 

    3

     

    

 

“Securities
Act” means the Securities Act of 1933, as amended.

 

“Transaction”
means that certain Agreement and Plan of Merger, pursuant to which the Company will acquire PureCycle Technologies LLC on the terms
and subject to the conditions set forth therein.

 

2.        Shelf
Registration.

 

(a)               On
or prior to each Filing Date, the Company shall prepare and file with the Commission a Registration Statement covering the
resale of all of the Registrable Securities that are not then registered on an effective Registration Statement for an
offering to be made on a continuous basis pursuant to Rule 415; provided, however, subject to Section 2(f), in
lieu thereof the Company, in its sole discretion, may elect to include the Registrable Securities in the Merger Registration
Statement. Each Registration Statement (other than the Merger Registration Statement) filed hereunder shall contain (unless
otherwise directed by at least 51% in interest of the Holders) substantially the “Plan of Distribution”
attached hereto as Annex A and substantially the “Selling Stockholder” section attached hereto as Annex
B; provided, however, that no Holder shall be required to be named as an “underwriter” without
such Holder’s express prior written consent. Subject to the terms of this Agreement and in the event that the
Registrable Securities are not included in the Merger Registration Statement, the Company shall use its commercially
reasonable efforts to cause a Registration Statement covering the resale of all of the Registrable Securities that are not
then registered pursuant to the Proxy Statement/Prospectus filed under this Agreement (including, without limitation, under
Section 3(c)) to be declared effective under the Securities Act on the date that the Transaction is consummated and shall use
its commercially reasonable efforts to keep such Registration Statement continuously effective under the Securities Act until
the date that all Registrable Securities covered by such Registration Statement (i) have been sold thereunder or pursuant to
Rule 144, (ii) may be sold pursuant to Rule 144 without volume or manner-of-sale restrictions and without current public
information (including pursuant to Rule 144(i)(2)), as reasonably determined by the counsel to the Company; or (iii) two
years from the Closing Date (the “Effectiveness Period”). The Company shall request effectiveness of a
Registration Statement as of 5:00 p.m. Eastern Time on a Business Day. The Company shall promptly notify the Holders via
facsimile or by e-mail of the effectiveness of a Registration Statement on the same Business Day that the Company
telephonically confirms effectiveness with the Commission, which shall be the date requested for effectiveness of such
Registration Statement. Other than with respect to the Merger Registration Statement, the Company shall, by 9:30 a.m. Eastern
Time on the second Business Day after the effective date of such Registration Statement, file a final Prospectus with the
Commission as required by Rule 424. Nevertheless, the Company’s obligations to include the Registrable Securities in a
registration statement are contingent upon Subscriber furnishing in writing to the Company such other information regarding
Subscriber, the securities of the Company held by Subscriber and, other than with respect to the Merger Registration
Statement, the intended method of disposition of the Registrable Securities as shall be reasonably requested by the Company
to effect the registration of the Registrable Securities, and Subscriber shall execute such documents in connection with such
registration as the Company may reasonably request that are customary of a selling stockholder in similar situations.

 

    4

     

    

 

(b)              
 Notwithstanding the registration obligations set forth in Section 2(a) and to the extent that all of the Registrable Securities
are not registered pursuant to the Merger Registration Statement, if the Commission informs the Company that the resale of all
of the Registrable Securities as a secondary offering cannot, as a result of the application of Rule 415, be registered on a single
registration statement, the Company agrees to promptly inform each of the Holders thereof and use its commercially reasonable efforts
to file amendments to the Initial Registration Statement as required by the Commission, covering the maximum number of Registrable
Securities permitted to be registered by the Commission.

 

(c)              
Notwithstanding any other provision of this Agreement, if the Commission or any SEC Guidance
sets forth a limitation on the number of Registrable Securities permitted to be registered on a particular Registration Statement,
the number of Registrable Securities to be registered on such Registration Statement will be reduced pro rata among all such selling
shareholders whose securities are included in such Registration Statement. 

 

In
the event of a cutback hereunder, the Company shall give the Holder at least five (5) Business Days prior written notice along
with the calculations as to such Holder’s allotment. In the event the Company amends the Initial Registration Statement in
accordance with the foregoing, the Company will use its commercially reasonable efforts to file with the Commission, as promptly
as allowed by Commission or SEC Guidance provided to the Company, one or more registration statements to register the resale of
those Registrable Securities that were not registered on the Merger Registration Statement or Initial Registration Statement, as
amended.

 

    5

     

    

 

(d)               If:
(i) the Initial Registration Statement (unless all Registrable Securities are included in the Merger Registration Statement)
is not filed on or prior to the Closing Date, (ii) a Registration Statement registering for resale all of the Registrable
Securities (or the sale of the Registrable Securities pursuant to the Merger Registration Statement) is not declared
effective by the staff of the Commission by the Effectiveness Date, (iii) after the effective date of a Registration
Statement to the extent not registered on the Merger Registration Statement, (A) such Registration Statement ceases for any
reason to remain continuously effective as to all Registrable Securities included in such Registration Statement (unless all
Registrable Securities are included in the Merger Registration Statement), or (B) to the extent not registered on the Merger
Registration Statement, the Holders are otherwise not permitted to utilize the Prospectus therein to resell such Registrable
Securities, for more than fifteen (15) consecutive calendar days or more than an aggregate of twenty (20) calendar days
(which need not be consecutive calendar days) during any 12-month period (any such failure or breach specified in the
immediately preceding clauses (i) through (iii) being referred to as an “Event”, and for purposes of such
clauses, the date on which such Event occurs, an “Event Date”), then, in addition to any other rights the
Holders may have hereunder or under applicable law, on each such Event Date and on each monthly anniversary of each such
Event Date (if the applicable Event shall not have been cured by such date) until the applicable Event is cured, the Company
shall pay to each Holder an amount in cash, as partial liquidated damages and not as a penalty, equal to the product of 1.0%
multiplied by the aggregate Subscription Amount paid by such Holder pursuant to the Subscription Agreements (reduced ratably
to the extent not registered on the Merger Registration Statement) (the “Monthly Liquidated Damage”); provided, however,
that if such Holder fails to provide the Company with any information requested by the Company that is required to be
provided in such Registration Statement with respect to such Holder as set forth herein, then, for purposes of this Section
2(d), the Filing Date or Effectiveness Date, as applicable, for a Registration Statement with respect to such Holder shall be
extended until two (2) Business Days following the date of receipt by the Company of such required information from such
Holder; provided further that in no event shall the such Monthly Liquidated Damage hereunder plus the monthly
liquidated damage defined in the Subscription Agreement exceed one (1%) of the aggregate Subscription Amount paid by such
Holder pursuant to the Subscription Agreement. The parties further agree that in no event shall the Company be required
hereunder and under the Subscription Agreement to pay to such Holder an aggregate amount that exceeds 6.0% of the aggregate
Subscription Amount paid by such Holder pursuant to the Subscription Agreement. The partial liquidated damages pursuant to
the terms hereof shall apply on a daily pro rata basis for any portion of a month prior to the cure of an Event.

 

(e)              
Notwithstanding anything to the contrary contained herein, in no event shall the Company be permitted to name any Holder
or affiliate of a Holder as any Underwriter without the prior written consent of such Holder.

 

(f)                Notwithstanding
anything to the contrary contained herein, (i) the Company will use its reasonable efforts to include the Pubco Shares
issuable in the Transaction in exchange for the Class A Units of PureCycle Technologies LLC purchased by any Subscriber
pursuant to the terms of that certain Class A Unit Purchase Agreement, dated as of November [●], 2020, among the
Company and the investors thereunder, in the Merger Registration Statement, and (ii) if the Commission shall at any time
object to the inclusion of such Pubco Shares in the Merger Registration Statement, the Company shall give prompt notice to
the applicable Subscribers and their counsel and give them fair and reasonable time (but, in any event, at least three (3)
Business Days) to respond and discuss with the Company, prior to answering the Commission or agreeing to the exclusion of
such Pubco Shares from the Merger Registration Statement.

 

    6

     

    

 

3.        Registration
Procedures.

 

In connection with
the Company’s registration obligations hereunder, the Company shall:

 

(a)              
Not less than five (5) Business Days prior to the filing of each Registration Statement (or Merger Registration Statement
if the Company so elects) and not less than two (2) Business Day prior to the filing of any related Prospectus or any amendment
or supplement thereto (including any document that would be incorporated or deemed to be incorporated therein by reference), the
Company shall (i) furnish to each Holder copies of all such documents proposed to be filed, which documents (other than those incorporated
or deemed to be incorporated by reference) will be subject to the review of such Holders, and (ii) cause its officers and directors,
counsel and independent registered public accountants to respond to such inquiries as shall be necessary, in the reasonable opinion
of respective counsel to each Holder, to conduct a reasonable investigation within the meaning of the Securities Act. The Company
shall not file a Registration Statement or any such Prospectus or any amendments or supplements thereto to which the Holders of
a majority of the Registrable Securities shall reasonably object in good faith, provided that, the Company is notified of such
objection in writing no later than four (4) Business Days after the Holders have been so furnished copies of a Registration Statement
or one (1) Business Day after the Holders have been so furnished copies of any related Prospectus or amendments or supplements
thereto. Each Holder agrees to furnish to the Company a completed questionnaire in the form attached to this Agreement as Annex
B (a “Selling Stockholder Questionnaire”) on a date that is not less than five (5) Business Days prior to
the Filing Date or by the end of the second (2nd) Business Day following the date on which such Holder receives draft
materials in accordance with this Section.

 

(b)               (i)
Prepare and file with the Commission such amendments, including post-effective amendments, to a Registration Statement and
the Prospectus used in connection therewith as may be necessary to keep a Registration Statement continuously effective as to
the applicable Registrable Securities for the Effectiveness Period and prepare and file with the Commission such additional
Registration Statements in order to register the resale of all of the Registrable Securities under the Securities Act, (ii)
cause the related Prospectus to be amended or supplemented by any required Prospectus supplement (subject to the terms of
this Agreement), and, as so supplemented or amended, to be filed pursuant to Rule 424, (iii) respond as promptly as
reasonably possible to any comments received from the Commission with respect to a Registration Statement or any amendment
thereto and provide as promptly as reasonably possible to the Holders true and complete copies of all correspondence from and
to the Commission relating to a Registration Statement (provided that, the Company shall excise any information contained
therein which would constitute material non-public information regarding the Company or any of its Subsidiaries), and (iv)
comply in all material respects with the applicable provisions of the Securities Act and the Exchange Act with respect to the
disposition of all Registrable Securities covered by a Registration Statement during the applicable period in accordance
(subject to the terms of this Agreement) with the intended methods of disposition by the Holders thereof set forth in such
Registration Statement as so amended or in such Prospectus as so supplemented.

 

    7

     

    

 

(c)              
Unless otherwise provided in this Agreement, if during the Effectiveness Period, the number of Registrable Securities at
any time exceeds 100% of the number of shares of Common Stock then registered in a Registration Statement, then the Company shall
use commercially reasonable efforts to file, but in any case prior to the applicable Filing Date, an additional Registration Statement
covering the resale by the Holders of not less than the number of such Registrable Securities.

 

(d)               Unless
all Registrable Securities are registered on the Merger Registration Statement, notify the Holders of Registrable Securities
to be sold (which notice shall, pursuant to clauses (iii) through (vi) hereof, be accompanied by an instruction to suspend
the use of the Prospectus until the requisite changes have been made) as promptly as reasonably possible (and, in the case of
(i)(A) below, not less than one (1) Business Day prior to such filing) and (if requested by any such Person) confirm such
notice in writing within five (5) Business Days following the day (i)(A) when a Prospectus or any Prospectus supplement or
post-effective amendment to a Registration Statement is proposed to be filed, (B) when the Commission notifies the Company
whether there will be a “review” of such Registration Statement and whenever the Commission comments in writing
on such Registration Statement, and (C) with respect to a Registration Statement or any post-effective amendment, when the
same has become effective, (ii) of any request by the Commission or any other federal or state governmental authority for
amendments or supplements to a Registration Statement or Prospectus or for additional information, (iii) of the issuance by
the Commission or any other federal or state governmental authority of any stop order suspending the effectiveness of a
Registration Statement covering any or all of the Registrable Securities or the initiation of any proceedings for that
purpose, (iv) of the receipt by the Company of any notification with respect to the suspension of the qualification or
exemption from qualification of any of the Registrable Securities for sale in any jurisdiction, or the initiation or
threatening of any proceeding for such purpose, (v) of the occurrence of any event or passage of time that makes the
financial statements included in a Registration Statement ineligible for inclusion therein or any statement made in a
Registration Statement or Prospectus or any document incorporated or deemed to be incorporated therein by reference untrue in
any material respect or that requires any revisions to a Registration Statement, Prospectus or other documents so that, in
the case of a Registration Statement or the Prospectus, as the case may be, it will not contain any untrue statement of a
material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein,
in light of the circumstances under which they were made, not misleading, and (vi) of the occurrence or existence of any
pending corporate development with respect to the Company that the Company believes may be material and that, in the
determination of the Company, makes it not in the best interest of the Company to allow continued availability of a
Registration Statement or Prospectus, provided, however, in no event shall any such notice contain any
information which would constitute material, non-public information regarding the Company or any of its Subsidiaries.

 

    8

     

    

 

(e)              
Use its commercially reasonable efforts to avoid the issuance of, or, if issued, obtain the withdrawal of (i) any order
stopping or suspending the effectiveness of a Registration Statement, or (ii) any suspension of the qualification (or exemption
from qualification) of any of the Registrable Securities for sale in any jurisdiction, at the earliest practicable moment.

 

(f)               
Furnish to such Holder, without charge, at least one conformed copy of each such Registration Statement and each amendment
thereto, including financial statements and schedules, all documents incorporated or deemed to be incorporated therein by reference
to the extent requested by such Holder, and all exhibits to the extent requested by such Holder (including those previously furnished
or incorporated by reference) promptly after the filing of such documents with the Commission; provided, that any such item which
is available on the EDGAR system (or successor thereto) need not be furnished in physical form.

 

(g)              
Subject to the terms of this Agreement, the Company hereby consents to the use of such Prospectus and each amendment or
supplement thereto by each of the selling Holders in connection with the offering and sale of the Registrable Securities covered
by such Prospectus and any amendment or supplement thereto, except after the giving of any notice pursuant to Section 3(d).

 

(h)              
If requested by a Holder, cooperate with such Holder to facilitate the timely preparation and delivery of certificates representing
Registrable Securities to be delivered to a transferee pursuant to a Registration Statement, which certificates shall be free,
to the extent permitted by the Subscription Agreements, of all restrictive legends, and to enable such Registrable Securities to
be in such denominations and registered in such names as any such Holder may request.

 

    9

     

    

 

(i)                 Upon
the occurrence of any event contemplated by Section 3(d), as promptly as reasonably possible under the circumstances taking
into account the Company’s good faith assessment of any adverse consequences to the Company and its stockholders of the
premature disclosure of such event, prepare a supplement or amendment, including a post-effective amendment, to a
Registration Statement or a supplement to the related Prospectus or any document incorporated or deemed to be incorporated
therein by reference, and file any other required document so that, as thereafter delivered, neither a Registration Statement
nor such Prospectus will contain an untrue statement of a material fact or omit to state a material fact required to be
stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not
misleading. If the Company notifies the Holders in accordance with
clauses (iii) through (vi) of Section 3(d) above to suspend the use of any Prospectus until the requisite changes to such
Prospectus have been made, then the Holders shall (x) suspend use of such Prospectus and immediately discontinue
offers and sales of the Registrable Securities under the Registration Statement until Subscriber receives copies of a
supplemental or amended prospectus that corrects the matters, misstatement(s) or omission(s) referred to above and receives
notice that any post-effective amendment has become effective or unless otherwise notified by the Company that it may resume
such offers and sales and (y) maintain the confidentiality of any information included in such written notice delivered by
the Company unless otherwise required by law or subpoena. If so directed by the Company, Subscriber will deliver to the
Company or, in Subscriber’s sole discretion destroy, all copies of the prospectus covering the Registrable Securities
in Subscriber’s possession; provided, however, that this obligation to deliver or destroy all copies of the prospectus
covering the Registrable Securities shall not apply (i) to the extent Subscriber is required to retain a copy of such
prospectus (a) in order to comply with applicable legal, regulatory, self-regulatory or professional requirements or (b) in
accordance with a bona fide pre-existing document retention policy or (ii) to copies stored electronically on archival
servers as a result of automatic data back-up. The Company will use
its commercially reasonable efforts to ensure that the use of the Prospectus may be resumed as promptly as is practicable.
The Company shall be entitled to exercise its right under this Section 3(j) to suspend the availability of a Registration
Statement and Prospectus, subject to the payment of partial liquidated damages otherwise required pursuant to Section 2(d),
for a period not to exceed 60 calendar days (which need not be consecutive days) in any 12-month period.

 

(j)                
The Company may require each selling Holder to furnish to the Company a certified statement as to the number of shares of
Common Stock beneficially owned by such Holder and, if required by the Commission, the natural persons thereof that have voting
and dispositive control over the shares.

 

    10

     

    

 

4.
        Registration Expenses. All fees and expenses incident to the performance of
or compliance with, this Agreement by the Company shall be borne by the Company. The fees and expenses referred to in the
foregoing sentence shall include, without limitation, (i) all registration and filing fees (including, without limitation,
fees and expenses of the Company’s counsel and independent registered public accountants) (A) with respect to filings
made with the Commission, (B) with respect to filings required to be made with any trading market on which the Common Stock
is then listed for trading, and (C) in compliance with applicable state securities or Blue Sky laws reasonably agreed to by
the Company in writing (including, without limitation, fees and disbursements of counsel for the Company in connection with
Blue Sky qualifications or exemptions of the Registrable Securities), (ii) printing expenses (including, without limitation,
expenses of printing certificates for Registrable Securities), (iii) messenger, telephone and delivery expenses, (iv) fees
and disbursements of counsel for the Company, (v) Securities Act liability insurance, if the Company so desires such
insurance, and (vi) fees and expenses of all other Persons retained by the Company in connection with the consummation of the
transactions contemplated by this Agreement. In addition, the Company shall be responsible for all of its internal expenses
incurred in connection with the consummation of the transactions contemplated by this Agreement (including, without
limitation, all salaries and expenses of its officers and employees performing legal or accounting duties), the expense of
any annual audit and the fees and expenses incurred in connection with the listing of the Registrable Securities on any
securities exchange as required hereunder. In no event shall the Company be responsible for any broker or similar commissions
of any Holder.

 

5.        Indemnification.

 

(a)               Indemnification
by the Company. The Company shall, notwithstanding any termination of this Agreement, to the extent permitted by law,
indemnify and hold harmless each Holder, the officers, directors, members, partners, agents, brokers (including brokers who
offer and sell Registrable Securities as principal as a result of a pledge or any failure to perform under a margin call of
Common Stock), investment advisors and employees (and any other Persons with a functionally equivalent role of a Person
holding such titles, notwithstanding a lack of such title or any other title) of each of them, each Person who controls any
such Holder (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act) and the officers,
directors, members, stockholders, partners, agents and employees (and any other Persons with a functionally equivalent role
of a Person holding such titles, notwithstanding a lack of such title or any other title) of each such controlling Person, to
the fullest extent permitted by applicable law, from and against any and all losses, claims, damages, liabilities, costs
(including, without limitation, reasonable attorneys’ fees) and expenses (collectively, “Losses”),
as incurred, arising out of or relating to (1) any untrue or alleged untrue statement of a material fact contained in a
Registration Statement, any Prospectus or any form of prospectus or in any amendment or supplement thereto or in any
preliminary prospectus, or arising out of or relating to any omission or alleged omission of a material fact required to be
stated therein or necessary to make the statements therein (in the case of any Prospectus or supplement thereto, in light of
the circumstances under which they were made) not misleading or (2) any violation or alleged violation by the Company of the
Securities Act, the Exchange Act or any state securities law, or any rule or regulation thereunder, in connection with the
performance of its obligations under this Agreement, except to the extent, but only to the extent, that (i) such untrue
statements or omissions are based solely upon information regarding such Holder furnished in writing to the Company by such
Holder expressly for use therein, or to the extent that such information relates to such Holder or such Holder’s
proposed method of distribution of Registrable Securities and was reviewed and expressly approved in writing by such Holder
expressly for use in a Registration Statement, such Prospectus or in any amendment or supplement thereto (it being understood
that the Holder has approved Annex A hereto for this purpose) or (ii) in the case of an occurrence of an event of the type
specified in Section 3(d)(iii)-(vi), the use by such Holder of an outdated, defective or otherwise unavailable Prospectus
after the Company has notified such Holder in writing that the Prospectus is outdated, defective or otherwise unavailable for
use by such Holder and prior to the receipt by such Holder of the Advice contemplated in Section 6(d). The Company shall
notify the Holders promptly of the institution, threat or assertion of any proceeding arising from or in connection with the
transactions contemplated by this Agreement of which the Company is aware. Such indemnity shall remain in full force and
effect regardless of any investigation made by or on behalf of such indemnified person and shall survive the transfer of any
Registrable Securities by any of the Holders in accordance with Section 6(h).

 

    11

     

    

 

(b)              
Indemnification by Holders. Each Holder shall, to the extent permitted by law, severally and not jointly, indemnify
and hold harmless the Company, its directors, officers, agents and employees, each Person who controls the Company (within the
meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees
of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, to the
extent arising out of or based solely upon: any untrue or alleged untrue statement of a material fact contained in any Registration
Statement, any Prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or relating
to any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein
(in the case of any Prospectus or supplement thereto, in light of the circumstances under which they were made) not misleading
(i) to the extent, but only to the extent, that such untrue statement or omission is contained in any information so furnished
in writing by such Holder to the Company expressly for inclusion in such Registration Statement or such Prospectus or (ii) to the
extent, but only to the extent, that such information relates to such Holder’s information provided in the Selling Stockholder
Questionnaire or otherwise as requested by the Company or the proposed method of distribution of Registrable Securities and was
reviewed and expressly approved in writing by such Holder expressly for use in a Registration Statement (it being understood that
the Holder has approved Annex A hereto for this purpose), such Prospectus or in any amendment or supplement thereto. In no event
shall the liability of a selling Holder be greater in amount than the dollar amount of the net proceeds received by such Holder
upon the sale of the Registrable Securities included in the Registration Statement giving rise to such indemnification obligation.

 

    12

     

    

 

(c)              
Conduct of Indemnification Proceedings. If any proceeding shall be brought or asserted against any Person entitled
to indemnity hereunder (an “Indemnified Party”), such Indemnified Party shall promptly notify the Person from
whom indemnity is sought (the “Indemnifying Party”) in writing, and the Indemnifying Party shall have the right
to assume the defense thereof, including the employment of counsel reasonably satisfactory to the Indemnified Party and the payment
of all fees and expenses incurred in connection with defense thereof, provided that the failure of any Indemnified Party to give
such notice shall not relieve the Indemnifying Party of its obligations or liabilities pursuant to this Agreement, except (and
only) to the extent that it shall be finally determined by a court of competent jurisdiction (which determination is not subject
to appeal or further review) that such failure shall have materially and adversely prejudiced the Indemnifying Party.

 

An Indemnified
Party shall have the right to employ separate counsel in any such proceeding and to participate in the defense thereof, but the
fees and expenses of such counsel shall be at the expense of such Indemnified Party or Parties unless: (1) the Indemnifying Party
has agreed in writing to pay such fees and expenses, (2) the Indemnifying Party shall have failed promptly to assume the defense
of such proceeding and to employ counsel reasonably satisfactory to such Indemnified Party in any such proceeding, or (3) the named
parties to any such proceeding (including any impleaded parties) include both such Indemnified Party and the Indemnifying Party,
and counsel to the Indemnified Party shall reasonably believe that a material conflict of interest is likely to exist if the same
counsel were to represent such Indemnified Party and the Indemnifying Party (in which case, if such Indemnified Party notifies
the Indemnifying Party in writing that it elects to employ separate counsel at the expense of the Indemnifying Party, the Indemnifying
Party shall not have the right to assume the defense thereof and the reasonable fees and expenses of no more than one separate
counsel shall be at the expense of the Indemnifying Party). The Indemnifying Party shall not be liable for any settlement of any
such proceeding effected without its written consent, which consent shall not be unreasonably withheld or delayed. No Indemnifying
Party shall, without the prior written consent of the Indemnified Party, effect any settlement of any pending proceeding in respect
of which any Indemnified Party is a party, unless such settlement includes an unconditional release of such Indemnified Party from
all liability on claims that are the subject matter of such proceeding.

 

Subject
to the terms of this Agreement, all reasonable fees and expenses of the Indemnified Party (including reasonable fees and
expenses to the extent incurred in connection with investigating or preparing to defend such proceeding in a manner not
inconsistent with this Section) shall be paid to the Indemnified Party, as incurred, within twenty (20) Business Days of
written notice thereof to the Indemnifying Party, provided that the Indemnified Party shall promptly reimburse the
Indemnifying Party for that portion of such fees and expenses applicable to such actions for which such Indemnified Party is
finally determined by a court of competent jurisdiction (which determination is not subject to appeal or further review) not
to be entitled to indemnification hereunder.

 

    13

     

    

 

(d)              
Contribution. If the indemnification under Section 5(a) or 5(b) is unavailable to an Indemnified Party or insufficient
to hold an Indemnified Party harmless for any Losses, then each Indemnifying Party shall contribute to the amount paid or payable
by such Indemnified Party, in such proportion as is appropriate to reflect the relative fault of the Indemnifying Party and Indemnified
Party in connection with the actions, statements or omissions that resulted in such Losses as well as any other relevant equitable
considerations. The relative fault of such Indemnifying Party and Indemnified Party shall be determined by reference to, among
other things, whether any action in question, including any untrue or alleged untrue statement of a material fact or omission or
alleged omission of a material fact, has been taken or made by, or relates to information supplied by, such Indemnifying Party
or Indemnified Party, and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent
such action, statement or omission. The amount paid or payable by a party as a result of any Losses shall be deemed to include,
subject to the limitations set forth in this Agreement, any reasonable attorneys’ or other fees or expenses incurred by such
party in connection with any proceeding to the extent such party would have been indemnified for such fees or expenses if the indemnification
provided for in this Section was available to such party in accordance with its terms.

 

The parties
hereto agree that it would not be just and equitable if contribution pursuant to this Section 5(d) were determined by pro rata
allocation or by any other method of allocation that does not take into account the equitable considerations referred to in the
immediately preceding paragraph. In no event shall the contribution obligation of a Holder of Registrable Securities be greater
in amount than the dollar amount of the proceeds received by it upon the sale of the Registrable Securities giving rise to such
contribution obligation.

 

The indemnity
and contribution agreements contained in this Section are in addition to any liability that the Indemnifying Parties may have to
the Indemnified Parties.

 

6.        Miscellaneous.

 

(a)               Remedies.
In the event of a breach by the Company or by a Holder of any of their respective obligations under this Agreement, each
Holder or the Company, as the case may be, in addition to being entitled to exercise all rights granted by law and under this
Agreement, including recovery of damages, shall be entitled to specific performance of its rights under this Agreement. Each
of the Company and each Holder agrees that monetary damages would not provide adequate compensation for any losses incurred
by reason of a breach by it of any of the provisions of this Agreement and hereby further agrees that, in the event of any
action for specific performance in respect of such breach, it shall not assert or shall waive the defense that a remedy at
law would be adequate.

 

    14

     

    

 

(b)              
No Piggyback on Registrations; Prohibition on Filing Other Registration Statements. The Company shall not file any
other registration statements until all Registrable Securities are registered pursuant to a Registration Statement that is declared
effective by the Commission (or registered on the Merger Registration Statement), provided that this Section 6(b) shall not prohibit
the Company (i) from filing amendments to registration statements filed prior to the date of this Agreement, (ii) from filing a
registration statement pursuant to previously existing contractual obligations to include securities issued or to be issued prior
to the date of this Agreement, (iii) from filing a shelf registration statement on Form S-3 for a primary offering by the Company,
provided that the Company makes no offering of securities pursuant to such shelf registration statement prior to the effective
date of the Registration Statement required hereunder that includes all of the Registrable Securities, (iv) from filing a registration
statement on Form S-4 (as promulgated under the Securities Act) relating to equity securities to be issued solely in connection
with any acquisition of any entity or business or their then equivalents, (v) from filing a registration statement on Form S-8
(as promulgated under the Securities Act) relating to equity securities issuable in connection with the Company’s stock option
or other employee benefit plans, and (vi) from filing a registration statements for securities to be issued in the Transaction.

 

(c)              
Compliance. Each Holder covenants and agrees that it will comply with the prospectus delivery requirements of the
Securities Act as applicable to it (unless an exemption therefrom is available) in connection with sales of Registrable Securities
pursuant to a Registration Statement.

 

(d)              
Discontinued Disposition. By its acquisition of Registrable Securities, each Holder agrees that, upon receipt of
a notice from the Company of the occurrence of any event of the kind described in Section 3(d)(iii) through (vi), such Holder will
forthwith discontinue disposition of such Registrable Securities under a Registration Statement until it is advised in writing
(the “Advice”) by the Company that the use of the applicable Prospectus (as it may have been supplemented or
amended) may be resumed. The Company will use its commercially reasonable efforts to ensure that the use of the Prospectus may
be resumed as promptly as is practicable. The Company agrees and acknowledges that any periods during which the Holder is required
to discontinue the disposition of the Registrable Securities hereunder shall be subject to the provisions of Section 2(d). This
clause (d) shall not apply to the extent any Registrable Securities are included in the Merger Registration Statement.

 

    15

     

    

 

 

(e)               Amendments
and Waivers. The provisions of this Agreement, including the provisions of this sentence, may not be amended, modified or
supplemented, and waivers or consents to departures from the provisions hereof may not be given, unless the same shall be in
writing and signed by the Company and the Holders of 51% or more of the then outstanding Registrable Securities (for purposes
of clarification, this includes any Registrable Securities issuable upon exercise or conversion of any Security); provided, however,
any material modification, waiver or termination to the registration obligations of the Company hereunder shall require the
prior written consent of each Holder having an aggregate Purchase Price at the Closing of at least $10 million. If a
Registration Statement does not register all of the Registrable Securities pursuant to a waiver or amendment done in
compliance with the previous sentence, then the number of Registrable Securities to be registered for each Holder shall be
reduced pro rata among all Holders and each Holder shall have the right to designate which of its Registrable Securities
shall be omitted from such Registration Statement.

 

(f)               
Notices. Any and all notices or other communications or deliveries required or permitted to be provided hereunder
shall be delivered as set forth in the Subscription Agreements.

 

(g)              
Successors and Assigns. This Agreement shall inure to the benefit of and be binding upon the successors and permitted
assigns of each of the parties and shall inure to the benefit of each Holder. The Company may not assign (except by merger) its
rights or obligations hereunder without the prior written consent of all of the Holders of the then outstanding Registrable Securities.
Each Holder may assign their respective rights hereunder in the manner and to the Persons as permitted under Section 5.7 of the
Subscription Agreements.

 

(h)              
No Inconsistent Agreements. Neither the Company nor any of its Subsidiaries has entered, as of the date hereof, nor
shall the Company or any of its Subsidiaries, on or after the date of this Agreement, enter into any agreement with respect to
its securities, that would have the effect of impairing the rights granted to the Holders in this Agreement or otherwise conflicts
with the provisions hereof. Except as set forth on Schedule 6(h), neither the Company nor any of its Subsidiaries has previously
entered into any agreement granting any registration rights with respect to any of its securities to any Person that have not been
satisfied in full.

 

(i)                
Execution and Counterparts. This Agreement may be executed in two or more counterparts, all of which when taken together
shall be considered one and the same agreement and shall become effective when counterparts have been signed by each party and
delivered to the other party, it being understood that both parties need not sign the same counterpart. In the event that any signature
is delivered by facsimile transmission or by e-mail delivery of a “.pdf” format data file, such signature shall create
a valid and binding obligation of the party executing (or on whose behalf such signature is executed) with the same force and effect
as if such facsimile or “.pdf” signature page were an original thereof.

 

(j)                
Governing Law. All questions concerning the construction, validity, enforcement and interpretation of this Agreement
shall be determined in accordance with the laws of the State of New York, without giving effect to the principles of conflicts
of law thereof.

 

    16 

     

    

 

(k)              
 Cumulative Remedies. The remedies provided herein are cumulative and not exclusive of any other remedies provided
by law.

 

(l)                
Severability. If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction
to be invalid, illegal, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions set forth herein
shall remain in full force and effect and shall in no way be affected, impaired or invalidated, and the parties hereto shall use
their commercially reasonable efforts to find and employ an alternative means to achieve the same or substantially the same result
as that contemplated by such term, provision, covenant or restriction. It is hereby stipulated and declared to be the intention
of the parties that they would have executed the remaining terms, provisions, covenants and restrictions without including any
of such that may be hereafter declared invalid, illegal, void or unenforceable.

 

(m)            
Headings. The headings in this Agreement are for convenience only, do not constitute a part of the Agreement and
shall not be deemed to limit or affect any of the provisions hereof.

 

(n)              
Independent Nature of Holders’ Obligations and Rights. The obligations of each Holder hereunder are several
and not joint with the obligations of any other Holder hereunder, and no Holder shall be responsible in any way for the performance
of the obligations of any other Holder hereunder. Nothing contained herein or in any other agreement or document delivered at any
closing, and no action taken by any Holder pursuant hereto or thereto, shall be deemed to constitute the Holders as a partnership,
an association, a joint venture or any other kind of group or entity, or create a presumption that the Holders are in any way acting
in concert or as a group or entity with respect to such obligations or the transactions contemplated by this Agreement or any other
matters, and the Company acknowledges that the Holders are not acting in concert or as a group, and the Company shall not assert
any such claim, with respect to such obligations or transactions. Each Holder shall be entitled to protect and enforce its rights,
including without limitation the rights arising out of this Agreement, and it shall not be necessary for any other Holder to be
joined as an additional party in any proceeding for such purpose. The use of a single agreement with respect to the obligations
of the Company contained was solely in the control of the Company, not the action or decision of any Holder, and was done solely
for the convenience of the Company and not because it was required or requested to do so by any Holder. It is expressly understood
and agreed that each provision contained in this Agreement is between the Company and a Holder, solely, and not between the Company
and the Holders collectively and not between and among Holders.

 

********************

 

(Signature
Pages Follow)

 

    17 

     

    

 

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

	 	 
	 	ROTH CH ACQUISITION I
    CO. PARENT CORP.
	 	 
	 	By:	                            
	 	 	Name:
	 	 	Title:

 

[SIGNATURE PAGE OF HOLDERS FOLLOWS]

 

     

     

    

 

[SIGNATURE
PAGE OF HOLDERS TO RRA]

 

 

Name of Holder: _________________________________

 

Signature of Authorized Signatory of Holder: _______________________________

 

Name of Authorized Signatory: ______________________________

 

Title of Authorized Signatory: _______________________________

 

[SIGNATURE PAGES CONTINUE]

 

     

     

    

 

Annex A

 

Plan of Distribution

 

Each Selling Stockholder
(the “Selling Stockholders”) of the securities and any of their pledgees, assignees and successors-in-interest
may, from time to time, sell any or all of their securities covered hereby on the principal trading market for such securities
or any other stock exchange, market or trading facility on which the securities are traded or in private transactions. These sales
may be at fixed or negotiated prices. A Selling Stockholder may use any one or more of the following methods when selling securities:

 

		·	ordinary brokerage transactions and transactions in which the broker-dealer solicits Subscribers;

 

		·	block trades in which the broker-dealer will attempt to sell the securities as agent but may position and resell a portion
of the block as principal to facilitate the transaction;

 

		·	purchases by a broker-dealer as principal and resale by the broker-dealer for its account;

 

		·	an exchange distribution in accordance with the rules of the applicable exchange;

 

		·	privately negotiated transactions;

 

		·	settlement of short sales;

 

		·	in transactions through broker-dealers that agree with the Selling Stockholders to sell a specified number of such securities
at a stipulated price per security;

 

		·	through the writing or settlement of options or other hedging transactions, whether through an options exchange or otherwise;

 

		·	a combination of any such methods of sale; or

 

		·	any other method permitted pursuant to applicable law.

 

The Selling Stockholders
may also sell securities under Rule 144 or any other exemption from registration under the Securities Act, if available, rather
than under this prospectus.

 

Broker-dealers
engaged by the Selling Stockholders may arrange for other brokers-dealers to participate in sales. Broker-dealers may
receive commissions or discounts from the Selling Stockholders (or, if any broker-dealer acts as agent for the Subscriber
of securities, from the Subscriber) in amounts to be negotiated, but, except as set forth in a supplement to this Prospectus,
in the case of an agency transaction not in excess of a customary brokerage commission in compliance with FINRA Rule 2440;
and in the case of a principal transaction a markup or markdown in compliance with FINRA IM-2440.

 

     

     

    

 

In connection with
the sale of the securities or interests therein, the Selling Stockholders may enter into hedging transactions with broker-dealers
or other financial institutions, which may in turn engage in short sales of the securities in the course of hedging the positions
they assume. The Selling Stockholders may also sell securities short and deliver these securities to close out their short positions,
or loan or pledge the securities to broker-dealers that in turn may sell these securities. The Selling Stockholders may also enter
into option or other transactions with broker-dealers or other financial institutions or create one or more derivative securities
which require the delivery to such broker-dealer or other financial institution of securities offered by this prospectus, which
securities such broker-dealer or other financial institution may resell pursuant to this prospectus (as supplemented or amended
to reflect such transaction).

 

The Selling Stockholders
and any broker-dealers or agents that are involved in selling the securities may be deemed to be “underwriters” within
the meaning of the Securities Act in connection with such sales. In such event, any commissions received by such broker-dealers
or agents and any profit on the resale of the securities purchased by them may be deemed to be underwriting commissions or discounts
under the Securities Act. Each Selling Stockholder has informed the Company that it does not have any written or oral agreement
or understanding, directly or indirectly, with any person to distribute the securities.

 

The Company is required
to pay certain fees and expenses incurred by the Company incident to the registration of the securities. The Company has agreed
to indemnify the Selling Stockholders against certain losses, claims, damages and liabilities, including liabilities under the
Securities Act.

 

We agreed to keep this
prospectus effective until the earlier of (i) all of the securities have been sold pursuant to this prospectus or Rule 144 under
the Securities Act or any other rule of similar effect, (ii) they may be sold pursuant to Rule 144 without volume or manner-of-sale
restrictions, as determined by the Company; or (iii) it has been two years from the Closing Date. The resale securities will be
sold only through registered or licensed brokers or dealers if required under applicable state securities laws. In addition, in
certain states, the resale securities covered hereby may not be sold unless they have been registered or qualified for sale in
the applicable state or an exemption from the registration or qualification requirement is available and is complied with.

 

Under applicable
rules and regulations under the Exchange Act, any person engaged in the distribution of the resale securities may not
simultaneously engage in market making activities with respect to the common stock for the applicable restricted period, as
defined in Regulation M, prior to the commencement of the distribution. In addition, the Selling Stockholders will be subject
to applicable provisions of the Exchange Act and the rules and regulations thereunder, including Regulation M, which may
limit the timing of purchases and sales of the common stock by the Selling Stockholders or any other person. We will make
copies of this prospectus available to the Selling Stockholders and have informed them of the need to deliver a copy of this
prospectus to each Subscriber at or prior to the time of the sale (including by compliance with Rule 172 under the Securities
Act).

 

    2 

     

    

 

SELLING SHAREHOLDER

 

The common stock being
offered by the selling shareholders are those previously issued to the selling shareholders in connection with the Transaction.
For additional information regarding the issuances of those shares of common stock, see "Private Placement of Common Shares"
above. We are registering the shares of common stock in order to permit the selling shareholders to offer the shares for resale
from time to time. Except for the ownership of the shares of common stock, the selling shareholders have not had any material relationship
with us within the past three years.

 

The table below lists
the selling shareholders and other information regarding the beneficial ownership of the shares of common stock by each of the
selling shareholders. The second column lists the number of shares of common stock beneficially owned by each selling shareholder,
based on its ownership of the shares of common stock, as of ________.

 

The third column lists
the shares of common stock being offered by this prospectus by the selling shareholders.

 

In accordance with
the terms of a registration rights agreement with the selling shareholders, this prospectus generally covers the resale of the
sum of (i) the number of shares of common stock issued to the selling shareholders in the __________________. The fourth column
assumes the sale of all of the shares offered by the selling shareholders pursuant to this prospectus.

 

The selling shareholders
may sell all, some or none of their shares in this offering. See "Plan of Distribution."

 

    3 

     

    

 

	
Name of Selling Shareholder	Number of shares of

 Common Stock Owned

 Prior to Offering	Maximum Number of 

shares of Common Stock 

to be Sold Pursuant to this

 Prospectus	Number of shares of

 Common Stock Owned

 After Offering
	 	 	 	 

 

    4 

     

    

 

 

Annex C

 

Selling Stockholder Notice and Questionnaire

 

The undersigned beneficial
owner of common stock (the “Registrable Securities”) of _______________, a _______ corporation (the “Company”),
understands that the Company has filed or intends to file with the Securities and Exchange Commission (the “Commission”)
a registration statement (the “Registration Statement”) for the registration and resale under Rule 415 of the
Securities Act of 1933, as amended (the “Securities Act”), of the Registrable Securities, in accordance with
the terms of the Registration Rights Agreement (the “Registration Rights Agreement”) to which this document
is annexed. A copy of the Registration Rights Agreement is available from the Company upon request at the address set forth below.
All capitalized terms not otherwise defined herein shall have the meanings ascribed thereto in the Registration Rights Agreement.

 

Certain legal consequences
arise from being named as a selling stockholder in the Registration Statement and the related prospectus. Accordingly, holders
and beneficial owners of Registrable Securities are advised to consult their own securities law counsel regarding the consequences
of being named or not being named as a selling stockholder in the Registration Statement and the related prospectus.

 

NOTICE

 

The undersigned beneficial
owner (the “Selling Stockholder”) of Registrable Securities hereby elects to include the Registrable Securities
owned by it in the Registration Statement.

 

     

     

    

 

The undersigned hereby provides the following
information to the Company and represents and warrants that such information is accurate:

 

QUESTIONNAIRE

 

	1.	Name.

 

		(a)	Full Legal Name of Selling Stockholder
	 	 	 
	 	 	 
	 	 	 
	 	 	 
		(b)	Full Legal Name of Registered Holder (if not the same as (a) above) through which Registrable Securities
are held:
	 	 	 
	 	 	 
	 	 	 
	 	 	 
		(c)	Full Legal Name of Natural Control Person (which means a natural person who directly or indirectly
alone or with others has power to vote or dispose of the securities covered by this Questionnaire):
	 	 	 
	 	 	 

 

2. Address for Notices to Selling
Stockholder:

 

	 
	 
	 

	Telephone:	 

	Fax:	 

	Contact Person:	 

 

3. Broker-Dealer Status:

 

		(a)	Are you a broker-dealer?

 

	 	 	Yes  ̈                            No
 ̈

 

		(b)	If “yes” to Section 3(a), did you receive your Registrable Securities as compensation
for investment banking services to the Company?

 

	 	 	Yes  ̈                            No
 ̈

 

		Note:	If “no” to Section 3(b), the Commission’s
staff has indicated that you should be identified as an underwriter in the Registration Statement

 

    2 

     

    

 

		(c)	Are you an affiliate of a broker-dealer?

 

	 	 	Yes  ̈                            No
 ̈

 

		(d)	If you are an affiliate of a broker-dealer, do you certify that you purchased the Registrable Securities
in the ordinary course of business, and at the time of the purchase of the Registrable Securities to be resold, you had no agreements
or understandings, directly or indirectly, with any person to distribute the Registrable Securities?

 

	 	 	Yes  ̈                            No
 ̈

 

		Note:	If “no” to Section 3(d), the Commission’s
staff has indicated that you should be identified as an underwriter in the Registration Statement.

 

4. Beneficial Ownership of Securities
of the Company Owned by the Selling Stockholder.

 

Except as set forth below
in this Item 4, the undersigned is not the beneficial or registered owner of any securities of the Company other than the securities
issuable pursuant to the Subscription Agreements.

 

		(a)	Type and Amount of other securities beneficially owned by the Selling Stockholder:

 

	 	 	 
	 	 	 
	 	 	 

 

    3 

     

    

 

5. Relationships with the Company:

 

Except as set forth below,
neither the undersigned nor any of its affiliates, officers, directors or principal equity holders (owners of 5% of more of the
equity securities of the undersigned) has held any position or office or has had any other material relationship with the Company
(or its predecessors or affiliates) during the past three years.

 

State any exceptions here:

 

	 	 	 
	 	 	 
	 	 	 

 

The undersigned agrees
to promptly notify the Company of any material inaccuracies or changes in the information provided herein that may occur subsequent
to the date hereof at any time while the Registration Statement remains effective; provided, that the undersigned shall not be
required to notify the Company of any changes to the number of securities held or owned by the undersigned or its affiliates.

 

By
signing below, the undersigned consents to the disclosure of the information contained herein in its answers to Items 1 through
5 and the inclusion of such information in the Registration Statement and the related prospectus and any amendments or supplements
thereto. The undersigned understands that such information will be relied upon by the Company in
connection with the preparation or amendment of the Registration Statement and the related prospectus and any amendments or supplements
thereto.

 

IN WITNESS WHEREOF
the undersigned, by authority duly given, has caused this Notice and Questionnaire to be executed and delivered either in person
or by its duly authorized agent.

 

	Date:	 	 	Beneficial Owner:	 

 

	 	By:	              
	 	 	Name:
	 	 	Title:       

 

PLEASE EMAIL A .PDF COPY OF THE COMPLETED
AND EXECUTED NOTICE AND QUESTIONNAIRE TO:

 

    4

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