Document:

Exhibit 10.19

 

CEO Agreement

 

between

 

ads-tec Energy plc., Mespil Business Centre,
Mespil House, Sussex Road, Dublin 4, Ireland and

 

Dipl.-Ing. Thomas Speidel, Lembergerweg 13, 71706 Markgröningen

 

Preliminary remark

 

Thomas Speidel has been working
as managing director for ads-tec Energy GmbH in Nurtingen (and its future subsidiaries and affiliated companies) as well as for ads-tec
Holding GmbH and its subsidiaries since many years. The ads-tec group is continuing to develop at a highly dynamic pace. Based on the
excellent cooperation to date, Thomas Speidel is now also to take on further tasks with an even higher level of responsibility. In this
connection the parties agree the following, expressly maintaining all other provisions set out in the Managing Director’s Contract
between Thomas Speidel and ads-tec Holding GmbH together with any amendment agreements, these shall remain unaffected by this CEO agreement:

 

	1.	Position, role, area of responsibility

 

It is expected that Thomas
Speidel with effect from most likely 1st December 2021, at the latest 01.01.2022 (depending on closing date), will additionally
take on the role of CEO (Chief Executive Officer) as well as a director of the board of the future ads-tec Energy plc, a holding company
established under the law of the Republic of Ireland, with its registered office at Mespil Business Centre, Mespil House, Sussex Road,
Dublin 4, Ireland.

 

All material decisions
to be made with regard to his area of responsibility as CEO and as a director will be made at the registered office of ads Energy
plc in Dublin 4, Republic of Ireland. This will also require Thomas Speidel to visit the site in person regularly. He is expressly
prepared to do this. It is expected that Thomas Speidel will be working in Germany on behalf of ads-tec Energy GmbH, but that he
will not participate in day-to-day negotiation of sales contracts or perform key decision-making activities on behalf of GmbH while
in Ireland and vice versa. He also will keep his position as CEO of ads-tec Holding GmbH and other affiliated companies.

 

	2.	Parallel service contract relationships, agreements with third parties

 

Ads-tec Energy plc is aware
that Thomas Speidel will continue to perform his duties at affiliated companies of ads -tec group, in particular with ads-tec Holding
GmbH and ads-tec Energy GmbH as managing director in Germany. In turn, ads-tec Holding GmbH and ads-tec Energy GmbH are aware that a key
focus of Thomas Speidel’s future role will be to fulfil his new role as CEO of ads-tec Energy plc. Ads-tec Energy plc is aware of
and is acknowledging and expressly consenting to Thomas Speidel acting as director (CEO) or taking on other management positions for
other legal entities where the majority shareholder is the Speidel family.

 

There is all-round mutual agreement on this.

 

    TSSI
16/11/2021

     

    

 

	3.	Fixed remuneration

 

A fixed remuneration of EUR
400,000.00 gross will be paid by ads-tec Energy plc. with effect from beginning of this agreement. Payment will be in twelve equal monthly
instalments, in each case at the end of the month, into the account of Thomas Speidel into which payments are currently made, in Euros
or – if he chooses in USD.

 

The fixed remuneration and
the other remuneration components will be deemed to fully compensate Thomas Speidel for his activity. Any overtime, based on the current
individual regular weekly working hours of at least 40 hours, will also be deemed paid. This in in accordance with the recommendations
of Pearl Meyer.

 

	4.	Additional payments and benefits

 

In addition, Thomas Speidel
will receive the following additional payments with effect from beginning of this agreement in accordance with the recommendations referring
to remuneration of Pearl Meyer:

 

	 	1.	Annual incentive:
    Annual target bonus of EUR 300,000.00 in the event that the targets set out in the business plan are achieved in full (100 %).
    Notwithstanding such target, the specific amount, if any, of any annual bonus shall be determined in ads-tec Energy plc’s based
    on achievement of certain individual and Company goals to be established by the ads-tec Energy plc for each fiscal year. Any annual
    bonus will be paid within 90 days following the end of the fiscal year in which the applicable services were performed, in accordance
    with the ads-tec Energy plc’s bonus payment practices in effect from time to time.
	 	 	 
	 	2.	Long term incentive.
    During this contract, the CEO shall be eligible to participate in the company wide long term incentive program at a level set
    by the compensation committee and in line with competitive market practices as defined at the time of the grant.
	 	 	 
	 	3.	Legal protection: The intention is for the CEO to be included in a D&O insurance policy still to be taken out by ads-tec Energy plc. Such insurance is currently not yet available. Until this insurance is taken out with legal effect and until the CEO is included in the group of insured persons, ads-tec Energy plc agrees to create earmarked provisions of up to EUR 5,000,000.00 for any potential legal defence.
	 	 	 
	 	4.	Transaction awards: Furthermore, the CEO will receive a transaction award in form of Restricted Stock Units (“RSU”) with a value ofUSD 750,000.00 as outlined and defined in the Pearl Meyer stock compensation recommendations shown in the executive compensation part of the F-4 Filing.

 

	5.	Termination

 

ads-tec Energy plc and the
CEO may terminate their working relationship anytime (“employment at will”) in line with the company’s then existing
termination policy. Both parties, however, expect a term of contract until 31 December 2024.

 

	6.	GoJerningLaw, Place of jurisdiction

 

This Agreement shall in all respects be interpreted,
enforced, and governed by the laws of Germany. With respect to any court action, parties agree on the courts which are competent for Nürtingen,
Germany.

 

	Nürtingen, 16th, 11, 	2021 [place, date]	Stuttgart, 15th Nov. 2021

 

	/s/ Pieter Taselaar	 	/s/
    Thomas Speidel
	Legal Representative of Ads-tec Energy plc.	 	Dipl.-Ing. Thomas Speidel

 

 

Seite 2

TSSI

16/11/2021EX-4.3

 Exhibit 4.3 

Form of Warrant Certificate 

[FACE] 
 Number 

Warrants 
 THIS WARRANT
SHALL BE VOID IF NOT EXERCISED PRIOR TO 
 THE EXPIRATION OF THE EXERCISE PERIOD PROVIDED FOR 

IN THE WARRANT AGREEMENT DESCRIBED BELOW 

BATTERY FUTURE ACQUISITION CORP. 

Incorporated Under the Laws of the Cayman Islands 

CUSIP [        ] 

Warrant Certificate 
 This Warrant
Certificate certifies that                                 , or registered
assigns, is the registered holder of warrant(s) evidenced hereby (the “Warrants” and each, a “Warrant”) to purchase Class A ordinary shares, $0.0001 par value per share
(“Class A Ordinary Shares”), of Battery Future Acquisition Corp., a Cayman Islands exempted company (the “Company”). Each whole Warrant entitles the
holder, upon exercise during the period set forth in the Warrant Agreement referred to below, to receive from the Company that number of fully paid and non-assessable Class A Ordinary Shares as set forth
below, at the exercise price (the “Warrant Price”) as determined pursuant to the Warrant Agreement, payable in lawful money (or through “cashless exercise” as provided for in the Warrant Agreement) of
the United States of America upon surrender of this Warrant Certificate and payment of the Warrant Price at the office or agency of the Warrant Agent referred to below, subject to the conditions set forth herein and in the Warrant Agreement. Defined
terms used in this Warrant Certificate but not defined herein shall have the meanings given to them in the Warrant Agreement. 
 Each whole Warrant is
initially exercisable for one fully paid and non-assessable Class A Ordinary Share. No fractional shares will be issued upon exercise of any Warrant. If, upon the exercise of Warrants, a holder would be
entitled to receive a fractional interest in a Class A Ordinary Share, the Company will, upon exercise, round down to the nearest whole number the number of Class A Ordinary Shares to be issued to the Warrant holder. The number of
Class A Ordinary Shares issuable upon exercise of the Warrants is subject to adjustment upon the occurrence of certain events set forth in the Warrant Agreement. 

The initial Warrant Price per Class A Ordinary Share for any Warrant is equal to $11.50 per share. The Warrant Price is subject to adjustment upon the
occurrence of certain events set forth in the Warrant Agreement. 
 Subject to the conditions set forth in the Warrant Agreement, the Warrants may be
exercised only during the Exercise Period and to the extent not exercised by the end of such Exercise Period, such Warrants shall become void. The Warrants may be redeemed, subject to certain conditions, as set forth in the Warrant Agreement. 

Reference is hereby made to the further provisions of this Warrant Certificate set forth on the reverse hereof and such further provisions shall for all
purposes have the same effect as though fully set forth at this place. 
 This Warrant Certificate shall not be valid unless countersigned by the Warrant
Agent, as such term is used in the Warrant Agreement. 

 This Warrant Certificate shall be governed by and construed in accordance with the internal laws of the
State of New York. 
  

			
	BATTERY FUTURE ACQUISITION CORP.

 
			
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 
			
	
	CONTINENTAL STOCK TRANSFER & TRUST COMPANY,
	as Warrant Agent

 
			
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 [Form of Warrant Certificate] 

[Reverse] 
 The Warrants evidenced by this Warrant
Certificate are part of a duly authorized issue of Warrants entitling the holder on exercise to receive Class A Ordinary Shares and are issued or to be issued pursuant to a Warrant Agreement dated as of
                    , 2021 (the “Warrant Agreement”), duly executed and delivered by the Company to Continental Stock
Transfer & Trust Company, a New York corporation, as warrant agent (the “Warrant Agent”), which Warrant Agreement is hereby incorporated by reference in and made a part of this instrument and is hereby referred to
for a description of the rights, limitation of rights, obligations, duties and immunities thereunder of the Warrant Agent, the Company and the holders (the words “holders” or “holder” meaning the
Registered Holders or Registered Holder, respectively) of the Warrants. A copy of the Warrant Agreement may be obtained by the holder hereof upon written request to the Company. Defined terms used in this Warrant Certificate but not defined herein
shall have the meanings given to them in the Warrant Agreement. 
 Warrants may be exercised at any time during the Exercise Period set forth in the Warrant
Agreement. The holder of Warrants evidenced by this Warrant Certificate may exercise them by surrendering this Warrant Certificate, with the form of election to purchase set forth hereon properly completed and executed, together with payment of the
Warrant Price as specified in the Warrant Agreement (or through “cashless exercise” as provided for in the Warrant Agreement) at the principal corporate trust office of the Warrant Agent. In the event that upon any exercise of Warrants
evidenced hereby the number of Warrants exercised shall be less than the total number of Warrants evidenced hereby, there shall be issued to the holder hereof or his, her or its assignee, a new Warrant Certificate evidencing the number of Warrants
not exercised. 
 Notwithstanding anything else in this Warrant Certificate or the Warrant Agreement, no Warrant may be exercised unless at the time of
exercise (i) a registration statement covering the Class A Ordinary Shares to be issued upon exercise is effective under the Securities Act and (ii) a prospectus thereunder relating to the Class A Ordinary Shares is current,
except through “cashless exercise” as provided for in the Warrant Agreement. 
 The Warrant Agreement provides that upon the occurrence of certain
events the number of Class A Ordinary Shares issuable upon exercise of the Warrants set forth on the face hereof may, subject to certain conditions, be adjusted. If, upon exercise of a Warrant, the holder thereof would be entitled to receive a
fractional interest in a Class A Ordinary Share, the Company shall, upon exercise, round down to the nearest whole number of Class A Ordinary Shares to be issued to the holder of the Warrant. 

Warrant Certificates, when surrendered at the principal corporate trust office of the Warrant Agent by the Registered Holder thereof in person or by legal
representative or attorney duly authorized in writing, may be exchanged, in the manner and subject to the limitations provided in the Warrant Agreement, but without payment of any service charge, for another Warrant Certificate or Warrant
Certificates of like tenor evidencing in the aggregate a like number of Warrants. 
 Upon due presentation for registration of transfer of this Warrant
Certificate at the office of the Warrant Agent a new Warrant Certificate or Warrant Certificates of like tenor and evidencing in the aggregate a like number of Warrants shall be issued to the transferee(s) in exchange for this Warrant Certificate,
subject to the limitations provided in the Warrant Agreement, without charge except for any tax or other governmental charge imposed in connection therewith. 

The Company and the Warrant Agent may deem and treat the Registered Holder(s) hereof as the absolute owner(s) of this Warrant Certificate (notwithstanding any
notation of ownership or other writing hereon made by anyone), for the purpose of any exercise hereof, of any distribution to the holder(s) hereof, and for all other purposes, and neither the Company nor the Warrant Agent shall be affected by any
notice to the contrary. Neither the Warrants nor this Warrant Certificate entitles any holder hereof to any rights of a shareholder of the Company. 

 Election to Purchase 

(To Be Executed Upon Exercise of Warrant) 
 The
undersigned hereby irrevocably elects to exercise the right, represented by this Warrant Certificate, to receive                  Class A Ordinary Shares and
herewith tenders payment for such Class A Ordinary Shares to the order of Battery Future Acquisition Corp. (the “Company”) in the amount of $             in
accordance with the terms hereof. The undersigned requests that a certificate for such Class A Ordinary Shares be registered in the name of                 
                , whose address is and that such Class A Ordinary Shares be delivered to
                                  whose address is
                    . If said number of Class A Ordinary Shares is less than all of the Class A Ordinary Shares purchasable hereunder, the
undersigned requests that a new Warrant Certificate representing the remaining balance of such Class A Ordinary Shares be registered in the name of
                        , whose address is
                     and that such Warrant Certificate be delivered to
                    , whose address is
                    . 
 In the event that the Warrant
has been called for redemption by the Company pursuant to Section 6.1 of the Warrant Agreement and the Company has required cashless exercise pursuant to Section 6.3 of the Warrant Agreement, the number of Class A
Ordinary Shares that this Warrant is exercisable for shall be determined in accordance with subsection 3.3.1(b) and Section 6.3 of the Warrant Agreement. 

In the event that the Warrant is a Private Placement Warrant, a Working Capital Warrant or an Extension Loan Warrant that is to be exercised on a
“cashless” basis pursuant to subsection 3.3.1(c) of the Warrant Agreement, the number of Class A Ordinary Shares that this Warrant is exercisable for shall be determined in accordance with subsection 3.3.1(c) of the
Warrant Agreement. 
 In the event that the Warrant is to be exercised on a “cashless” basis pursuant to Section 7.4 of the Warrant
Agreement, the number of Class A Ordinary Shares that this Warrant is exercisable for shall be determined in accordance with Section 7.4 of the Warrant Agreement. 

In the event that the Warrant may be exercised, to the extent allowed by the Warrant Agreement, through cashless exercise (i) the number of Class A
Ordinary Shares that this Warrant is exercisable for would be determined in accordance with the relevant section of the Warrant Agreement which allows for such cashless exercise and (ii) the holder hereof shall complete the following: The
undersigned hereby irrevocably elects to exercise the right, represented by this Warrant Certificate, through the cashless exercise provisions of the Warrant Agreement, to receive Class A Ordinary Shares. If said number of Class A Ordinary
Shares is less than all of the Class A Ordinary Shares purchasable hereunder (after giving effect to the cashless exercise), the undersigned requests that a new Warrant Certificate representing the remaining balance of such Class A
Ordinary Shares be registered in the name of                     , whose address is
                     and that such Warrant Certificate be delivered to
                    , whose address is
                    . 
 [Signature
Page Follows] 

 Date:
                    , 20         

 

	
	  

	Signature
	
	  

	  

	  

	(Address)
	
	  

	(Tax Identification Number)

  

	
	 Signature Guaranteed:

	
	   

 THE SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS
AND CREDIT UNIONS WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15 UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED (OR ANY SUCCESSOR RULE)).

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