Document:

Exhibit 10.19
ACKNOWLEDGEMENT, WAIVER AND CONSENT AGREEMENT
This Acknowledgement, Waiver and Consent Agreement (this “Agreement”) is dated as of [·], 2022, and is made by and among BCP QualTek HoldCo, LLC, a Delaware limited liability company (the “Company”), the purchasers of the Notes (as defined herein) listed as signatories hereto (each, a “Purchaser” and collectively, the “Purchasers”), and Roth CH Acquisition III Co., a Delaware corporation (the “SPAC”). Capitalized terms used but not defined herein shall have the meaning ascribed to such terms in the Notes (as defined below).
RECITALS
WHEREAS, the Company, the Purchasers and the SPAC entered into those certain Note Purchase Agreements, dated as of June 16, 2021 (the “NPAs”), pursuant to which the Company sold Purchasers, and Purchasers purchased from the Company, $44,400,000 in aggregate principal amount of one or more convertible notes of the Company (collectively, the “Notes”) in accordance with the terms, subject to the conditions and in reliance on, the recitals, representations, warranties, covenants and agreements set forth in the NPA and the Notes; and
WHEREAS, each Purchaser (a) is a sophisticated investor, (b) has the opportunity to ask the Company and the SPAC questions concerning the Company, the SPAC and their investments and has received satisfactory answers to any such questions posed to the Company or the SPAC, and has had access to such other information concerning Company, the SPAC and their investments as it has requested, in order to make an informed and voluntary decision to enter into this Agreement, (c) has adequate information concerning the Company and the SPAC to make an informed decision regarding the transactions contemplated hereby and (d) has independently made Purchaser’s own analysis and decision to enter into this Agreement.
NOW, THEREFORE, in consideration of the mutual covenants, conditions and agreements herein contained and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows:
AGREEMENT
	1
	Acknowledgements by the Parties. The Company, each Purchaser and the SPAC acknowledge and agree that:

	1.1
	(a) concurrently with the execution and delivery of this Agreement, the Purchasers and the Company shall enter, and are entering, into Amendment No. 2 to the Note, attached hereto as Exhibit A and (b) the parties shall modify, and are hereby modifying, the form Company A&R LLCA in the form attached hereto as Exhibit B (the “A&R LLCA”) which will be attached as an exhibit to the BCA (replacing the prior exhibit attached thereto);

	1.2
	as of the date of this Agreement, to the knowledge of such Purchaser, neither the Company nor the SPAC are in default under the NPA or the Note (as amended) and no event or condition has occurred or exists which would constitute a default by the Company or the SPAC under the NPA or the Note (as amended);

	1.3
	such Purchaser has reviewed any and all information disclosed and provided to date, including any information made available, publicly or otherwise, to such Purchaser by the Company, the SPAC or their respective representatives, and has made its own decision based on its own judgment, due

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diligence and advice from its advisors, as applicable, as it, he or she has deemed necessary and not based on any view expressed by any other person or entity;
	1.4
	for the avoidance of doubt, the definition of “Registrable Securities” as defined in the Registration Rights Agreement (as defined in the BCA) shall and does include the shares of Buyer Class A Common Stock (as defined in the BCA) issuable upon the exchange of each Purchaser’s Common Units (as defined in the BCA) and shares of Buyer Class B Voting Stock (as defined in the BCA) pursuant to the terms of the A&R LLCA, subject to the exceptions set forth in such definition;

	1.5
	notwithstanding anything to the contrary contained in this Agreement, the NPA, the Note (as amended) or the A&R LLCA, as contemplated by Section 6 of the NPA, the Purchasers (which, for the avoidance of doubt, does not include any Purchaser that is an affiliate of Brightstar Capital Partners) shall not be a party to, and shall not be entitled to any benefits under, the Tax Receivable Agreement (as defined in the BCA);

	1.6
	each Purchaser is not relying upon, and has not relied upon, any advice, statement, representation or warranty made by any person by or on behalf of the Company or the SPAC, or any of their respective agents, attorneys, other advisors their respective affiliates, except for the express statements, representations and warranties of the Company made or contained in this Agreement and any other representations and warranties are disclaimed by the Company and the SPAC, and their respective affiliates, agents and advisors; furthermore, each Purchaser acknowledges that nothing in this Agreement or any other materials presented by or on behalf of the Company or the SPAC to such Purchaser in connection herewith constitutes legal, tax or investment advice;

	1.7
	except as expressly modified herein and hereby, the Note (as amended), the NPA and the BCA shall continue in full force and effect in accordance with their terms after the date hereof; and

	1.8
	each party has complied in all respects with its obligations under Section 6 of the NPA.

	2
	ISSUANCE OF COMMON UNITS AND CLASS B VOTING STOCK.  Immediately following the consummation of the SPAC Combination, and upon receipt by the Company of each Purchaser’s duly executed joinder to the A&R LLCA, the SPAC shall cause the Transfer Agent (as defined in the BCA) to provide to each Purchaser evidence of book-entry shares representing the number of Common Units and whole shares of Buyer Class B Voting Stock to which such Purchaser is entitled in respect of the conversion of such Purchaser’s Note into Common Units and shares of Buyer Class B Voting Stock pursuant to Section 3(a) of the Note (as amended). It is expressly understood and agreed that the delivery of the Common Units and shares of Buyer Class B Voting Stock pursuant to this Section 2 (a) shall not require any further action on the part of any Purchaser, the Company or the SPAC except as required pursuant to the Note and/or the NPA or as may be reasonably requested by the Company or the SPAC in order to effectuate (x) the issuance of the applicable Common Units and whole shares of Buyer Class B Voting Stock by the Company and the SPAC, respectively, or (y) the provision of evidence of book-entry shares representing the applicable Common Units and whole shares of Buyer Class B Voting Stock by the Transfer Agent and (b) shall be in full satisfaction of the Company’s and the SPAC’s obligations with respect to the issuance of such Common Units and shares of Buyer Class B Voting Stock under the NPAs and the Notes (as amended), and, once issued in accordance with the terms set forth herein and in the Notes (as amended), the Company, the SPAC and their respective affiliates shall have no liability to the Purchaser or any other Person in respect of the same under the NPAs or the Notes (as amended).

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	3
	MISCELLANEOUS. Article 7 of the NPA is hereby incorporated by reference and made a part hereof, mutatis mutandis.

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[Signature Pages Follow]
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IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed as of the date first set forth above.
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	BCP QUALTEK HOLDCO, LLC

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	ROTH CH ACQUISITION III CO.

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	PURCHASERS

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EXHIBIT A
(attached)
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EXHIBIT B
(attached)

​Exhibit 10.1

 

THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER
ANY STATE SECURITIES LAWS AND MAY NOT BE SOLD OR OTHERWISE TRANSFERRED OR DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT
UNDER ANY APPLICABLE STATE SECURITIES LAWS, OR AN OPINION OF COUNSEL SATISFACTORY TO COUNSEL TO THE MAKER THAT AN EXEMPTION FROM REGISTRATION
UNDER ANY APPLICABLE STATE SECURITIES LAWS IS AVAILABLE.

 

THIS NOTE IS ONE OF A SERIES OF CONVERTIBLE
NOTES OF THE SAME TERMS AND TENOR THAT MAY BE ISSUED BY MAKER UP TO AN AGGREGATE OF $2,500,000.

 

BoXScore
Brands, Inc 

 

convertible
PROMISSORY NOTE (the “Note”)

 

	$50,000.00	Date: January 28, 2022

 

FOR VALUE RECEIVED, the undersigned
Maker, BoxScore Brands, Inc., a Delaware corporation (the “Maker” or the “Company”), promises to pay to
the order of Adam Lipson, (the “Holder”), the principal sum of Fifty Thousand USD($50,000.00) (the “Principal Amount”).
Interest on the Note may be paid in cash or in shares of Common Stock (such amount to be converted at the Conversion Price (as defined
below)). If interest on the Note is paid in cash, it will accrue at nine and a half (9.5%) percent per annum, compounding annually and
computed on the basis of a 365-day year, on any outstanding balance on the Note, subject to adjustment as provided in the Note. If interest
on the Note is paid in shares of Common Stock, it will accrue at fifteen (15%) percent per annum, compounding annually and computed on
the basis of a 365-day year, on any outstanding balance on the Note, subject to adjustment as provided in the Note. It shall be the Buyer’s
option whether interest on the Note is paid in cash or in shares of Common Stock. Furthermore, if the Company is delinquent by more than
10 days in filing any filings or other documents required to be filed by the Securities Act of 1933 or the Securities Exchange Act of
1934, and in each case the rules and regulations promulgated thereunder, interest on the Note shall increase to fifteen (15%) percent
per annum, compounding annually and computed on the basis of a 365-day year. Capitalized terms used by not defined herein shall have the
meanings ascribed to them in that certain Securities Purchase Agreement, dated as of the date hereof, by and among the Company and each
Buyer (as defined therein) party thereto.

 

On the Maturity Date (defined
as 730 days from the date of the Note) the Principal Amount plus accrued interest shall be payable. On the Maturity Date, the Holder shall
have the option of receiving the Principal Amount plus accrued interest (or any portion not previously converted) in cash or shares of
Common Stock at a conversion price of $0.03 per share (the “Conversion Price”). In addition, upon the date which shall be
commence within ten (10) days after satisfaction of a Rule 144 Holding Period (the “144 Date”), for each period that shares
of Common Stock trade a dollar volume equal to at least $25,000 per day (such volume hereinafter referred to as the “Applicable
Float”) and the share price is greater than or equal to 200% of the Conversion Price for twenty (20) consecutive trading days (the
“Measurement Period”), the Maker shall have the right to mandatorily convert a portion the Note into shares of Common Stock
(the “Automatic Conversion”). Such portion of the Note that the Maker may convert pursuant to the preceding sentence shall
equal up to 20% of the average Float per day, as calculated and averaged over the total number of days of the applicable Measurement Period.

 

     

     

    

 

If and whenever on or after
the date of the Note, the Company issues or sells, or is deemed to have issued or sold, any shares of Common Stock (including the issuance
or sale of shares of Common Stock owned or held by or for the account of the Company, but excluding shares of Common Stock deemed to have
been issued by the Company in connection with any Excluded Securities (the “Additional Shares”) for a consideration per share
(the “New Issuance Price”) less than a price equal to the Conversion Price in effect immediately prior to such issue or sale
or deemed issuance or sale (the foregoing a “Dilutive Issuance”), then immediately after such Dilutive Issuance, the Conversion
Price then in effect shall be reduced to the New Issuance Price.

 

Notwithstanding anything to
the contrary contained in this Note, this Note shall not be convertible by the Holder hereof, and the Company shall not effect any conversion
of this Note or otherwise issue any shares of Common Stock pursuant hereto, to the extent (but only to the extent) that after giving effect
to such conversion or other share issuance hereunder the Holder or any of its affiliates would beneficially own in excess of 4.99% (the
“Maximum Percentage”) of the Common Stock. To the extent the above limitation applies, the determination of whether this Note
shall be convertible (vis-à-vis other convertible, exercisable or exchangeable securities owned by the Holder or any of its affiliates)
and of which such securities shall be convertible, exercisable or exchangeable (as among all such securities owned by the Holder and its
affiliates) shall, subject to such Maximum Percentage limitation, be determined on the basis of the first submission to the Company for
conversion, exercise or exchange (as the case may be). No prior inability to convert this Note, or to issue shares of Common Stock, pursuant
to this paragraph shall have any effect on the applicability of the provisions of this paragraph with respect to any subsequent determination
of convertibility. For purposes of this paragraph, beneficial ownership and all determinations and calculations (including, without limitation,
with respect to calculations of percentage ownership) shall be determined in accordance with Section 13(d) of the Securities and Exchange
Act of 1934, as amended, and the rules and regulations promulgated thereunder. The provisions of this paragraph shall be implemented in
a manner otherwise than in strict conformity with the terms of this paragraph to correct this paragraph (or any portion hereof) which
may be defective or inconsistent with the intended Maximum Percentage beneficial ownership limitation herein contained or to make changes
or supplements necessary or desirable to properly give effect to such Maximum Percentage limitation. The limitations contained in this
paragraph shall apply to a successor Holder of this Note. For any reason at any time, upon the written or oral request of the Holder,
the Company shall within one (1) Business Day confirm orally and in writing to the Holder the number of shares of Common Stock then outstanding,
including by virtue of any prior conversion or exercise of convertible or exercisable securities into shares of Common Stock, including,
without limitation, pursuant to this Note or securities otherwise issued. By written notice to the Company, any Holder may increase or
decrease the Maximum Percentage to any other percentage specified in such notice; provided that (i) any such increase will not be effective
until the 61st day after such notice is delivered to the Company, and (ii) any such increase or decrease will apply only to the Holder
sending such notice and not to any other holder of Notes.

 

    2

     

    

 

On the day after the date
that is 365 days from the date of the Note, the Company shall have the option to prepay, in whole or in part, the Note; provided, however,
that if the Company elects to prepay any or all of the outstanding balance of the Note in accordance with the foregoing, the Holder shall
have the right to either (i) require the Company to pay in cash the outstanding balance of the Note, together with any accrued and unpaid
interest thereon (accruing at a rate of interest equal to nine and a half (9.5%) percent per annum, compounding annually and computed
on the basis of a 365-day year), or (ii) convert the outstanding balance of the Note, together with any accrued and unpaid interest thereon
(accruing at a rate of interest equal to fifteen (15%) percent per annum, compounding annually and computed on the basis of a 365-day
year), into shares of Common Stock at the Conversion Price. Other than in strict compliance with the foregoing, the Maker may not prepay
this Note in whole or in part without the Holder’s consent in writing to such prepayment. Unless the equity securities upon conversion
are covered by an effective registration statement, such equity securities shall be “restricted securities” as that term is
defined in the Securities Act of 1933, as amended. The certificate representing such equity securities shall bear the following or a similar
legend:

 

“These securities have not been registered
under the Securities Act of 1933, as amended, or any state securities laws and may not be sold or otherwise transferred or disposed of
except pursuant to an effective registration statement under any applicable federal and state securities laws, or an opinion of counsel
satisfactory to counsel to the corporation that an exemption from registration is available.”

 

Maker will be in default if
any of the following happens: (a) Maker fails to make any payment within ten (10) days of when due or (b) Maker fails to perform at the
time and in the manner provided in this Note or any agreement related to this Note.

 

Upon default, Holder may declare
the entire unpaid principal balance on this Note and all accrued unpaid interest immediately due, without notice, and then Maker will
pay that amount. Upon default, including failure to pay any payment within ten (10) days of when due or upon the final maturity, whichever
occurs first, Holder, at its option, may also if permitted under applicable law, do one or both of the following: (a) increase the interest
rate on this Note to 18%, and (b) add any unpaid accrued interest to principal and such sum will bear interest therefrom until paid at
the rate provided in this Note (including any increased rate). If Maker is in default, Maker also will pay reasonable costs and expenses
of collection including, subject to any limits under applicable law, Holder’s reasonable attorney’s fees and legal expenses whether
or not there is a lawsuit. If not prohibited by applicable law, Maker also will pay any court costs, in addition to all other sums provided
by law.

 

    3

     

    

 

This Note shall be senior
secured indebtedness of the Company (senior to any unsecured or junior indebtedness of the Company), secured by a priority lien on all
assets of the Maker and shall be pari passu with any other senior secured indebtedness of the Company. The Note may only be subordinated
to any indebtedness the Maker incurs to banks, financial institutions, and/or institutions or non-commercial lenders; and further provided
that, upon conversion of this Note into shares of Common Stock, the Conversion Shares held by Investors will bear no interest, will be
unsecured, and will be subordinate in liquidation preference to: (i) any indebtedness the Maker incurs to banks, financial institutions
and/or commercial or non-commercial lenders; and (ii) any preferred class(es)/series of securities authorized and issued by the Maker
subsequent to the date of this Offering. As of the date of this Offering, the Maker has not authorized or issued any preferred class(es)/series
of securities.

 

No delay or omission on the
part of Holder in the exercise of any right hereunder shall operate as a waiver of such right or of any other right under this Note. A
waiver by Holder of any right or remedy conferred to it hereunder on any one occasion shall not be construed as a bar to, or waiver of,
any such right and/or remedy as to any future occasion. Maker and all persons now or hereafter becoming obligated or liable for the payment
hereof do jointly and severally waive demand, notice of non-payment, protest, notice of dishonor and presentment. No failure to accelerate
the indebtedness evidenced hereby by reason of default hereunder, acceptance of a past-due installment or other indulgences granted from
time to time, shall be construed as a novation of this Note or as a waiver of such right of acceleration or of the right of Holder thereafter
to insist upon strict compliance with the terms of this Note or to prevent the exercise of such right of acceleration or any other right
granted hereunder or by applicable law.

 

No Maker intends or expects
to pay, nor does Holder intend or expect to charge, collect or accept, any interest greater than the highest legal rate of interest which
may be charged under any applicable law. Should the acceleration hereof or any charges made hereunder result in the computation or earning
of interest in excess of such legal rate, any and all such excess shall be and the same is hereby waived by Holder, and any such excess
shall be credited by Holder to the principal balance hereof.

 

This Note shall be construed
and enforced according to the laws of the State of New York excluding all principles of conflict of laws or comity. Each person now or
hereafter becoming obligated for the payment of the indebtedness evidenced hereby consents to personal jurisdiction and venue in New York
County, New York, in the event of any litigation in any way arising out of this Note, or any property given as security for the amounts
evidenced by this Note.

 

This Note shall be binding
on the successors and assigns of Maker. Maker may not assign this Note without the written consent of Holder. This Note shall inure to
the benefit of the Holder’s successors, assigns, heirs or personal representatives. The term “Holder” used herein shall
include any future holder of this Note. The terms of this Note may not be changed orally.

 

    4

     

    

 

Whenever possible each provision
of this Note shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Note
shall be prohibited or invalid under such law, such provision shall be ineffective to the extent of such prohibition or invalidity, without
invalidating the remainder of such provision or the remaining provisions of this Note.

 

	 	MAKER:
	 	 
	 	bOXsCORE bRANDS, INC.,

a Delaware corporation
	 	
    

    

	 	By:
	/s/ Andrew Boutsikakis
	 	 	Name:	Andrew Boutsikakis
	 	 	Title:	Chief Executive Officer

 

 

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