Document:

Exhibit 10.17
This EXECUTIVE CHAIRMAN AGREEMENT (the “Agreement”) is made
between
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FREYR Battery
corporation in the form of a public limited liability company (société anonyme)
incorporated under the laws of Luxembourg, registered with the Luxembourg Trade
and Companies Register (Registre de Commerce et des Sociétés) under no. B251199
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(hereinafter referred to as the “Company”)
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and
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Torstein Dale Sjøtveit
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(hereinafter referred to as the “Executive Chairman”)
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1Role
	1.1
	The Executive Chairman shall be the executive chairman of the board of directors of the Company (the “Board”) as from the date of the Second Closing (as defined in that certain Business Combination Agreement by and among, inter alia, the Company and FREYR AS, entered into on 29 January 2021) (the “Commencement Date”) until the earlier of (i) the Board resolving that such position is no longer required (from which time the Executive Chairman shall become a non-executive chairman and this Agreement shall be replaced by an appointment letter appropriate for such non-executive directorship), (ii) such time as the Executive Chairman (in that role or in a subsequent non-executive chairman role) is dismissed from the Board by decision of the general meeting of shareholders, (iii) the Board resolving this Agreement should be terminated where the Executive Chairman commits an act of gross misconduct or shows gross breach of duty which can justify termination of this Agreement with immediate effect according to applicable law and (iv) such time as the Executive Chairman (in that role or in a subsequent non-executive chairman role) resigns from the Board of his own volition after the third anniversary of the Commencement Date.

2Duties
	2.1
	The Executive Chairman shall perform such duties as set out in the FREYR Battery Role Description Executive Chairman of the Board attached hereto as Annex 2.

3Working hours
	3.1
	The Executive Chairman shall devote such time and effort to the Company as are reasonably necessary to perform his duties under this Agreement as determined by the Board, expected to be not less than 50% of the Executive Chairman’s working time, on average. No extra compensation is paid in respect of any overtime work required, unsocial hours, travel time, etc. Work beyond regular office hours must be expected. The Executive Chairman shall work such hours as necessary for the proper performance of the Executive Chairman’s duties and shall not without prior written consent from the Board undertake any other work, paid or unpaid, for his own account or any other employer, which will prevent or unreasonably interfere with the performance of his duties and functions for the Company. The Executive Chairman shall not be

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prevented from or need consent for such work which is related to the management of his personal and his immediate family’s wealth or from continuing in his current roles or from assuming new roles as board member or (non-executive) chairman insofar as such roles do not conflict with the Executive Chairman's duties to the Company.
4Remuneration
	4.1
	The remuneration payable to the Executive Chairman shall be NOK 4,000,000 (four million) per annum, pro-rated per commenced month of service for any year in which he serves only part of the year.

	4.2
	The Executive Chairman’s remuneration in respect of any one month shall be paid on the 20th day of each month to the bank account provided by the Executive Chairman, in instalments of 1/12 of the annual amount.

5Equity incentives
	5.1
	The Executive Chairman shall be granted equity incentives as set out in Annex 1 attached hereto. For the avoidance of doubt, the terms of such incentive awards granted under the relevant share plans do not form part of this Agreement, the Executive Chairman shall not have any claims for damages or compensation in relation to (whether by way of damages, compensation for loss of role or otherwise) any equity or equity compensation, which will be governed by the terms of any applicable share plan.

6Business expenses and participation in certain Company benefit plans
	6.1
	The Company shall on the presentation of invoices or vouchers or other evidence of actual payment, reimburse the Executive Chairman for all expenses, including business travel expenses, reasonably incurred by the Executive Chairman in the performance of the Executive Chairman’s duties under this Agreement, and in accordance with the Company’s policies.

	6.2
	The Executive Chairman shall be entitled to participation in such of the Company’s benefit plans made available to senior executives of the Company generally and as may be appropriate in regard of the work required by him. The Board shall have been notified in writing by the Executive Chairman or the Company’s management of any such participation before commencement.

7Confidentiality
	7.1
	The Executive Chairman acknowledges that the Executive Chairman will acquire access to confidential information of the Company. The Executive Chairman agrees that all such confidential information is disclosed to the Executive Chairman in confidence and is strictly for the Executive Chairman’s use on behalf of the Company.

	7.2
	The Executive Chairman shall not make use of or disclose to any person, and shall use the Executive Chairman’s best endeavors to prevent the use, publication or disclosure of any information of a confidential or secret nature concerning the business of the Company, and that comes to the Executive Chairman’s knowledge during the course of or in connection with the Executive Chairman’s work for the Company, or concerning the business of any person having dealings with the Company and which is obtained directly or indirectly in circumstances in which the Company is subject to a duty of confidentiality in relation to that information.

	7.3
	For the purpose of this clause 7, information of a confidential or secret nature means non-public information of the Company, including but not limited to business plans, products, technical data, specifications, documentation, presentations, product plans, business methods, product

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functionality, customer information, contracts, formulas, competitive analysis, databases, formats, methodologies, strategic plans, marketing plans, customer lists, prospect lists, pricing information or information related to engineering, marketing or finance, regardless of whether such documents are marked confidential or not and regardless of whether such information exists in written form or stored by electronic media or on other form of information carrier.
	7.4
	This clause 7 shall continue to apply after the termination of this Agreement without limitation in time.

	7.5
	The Executive Chairman is prevented from malicious disparage or otherwise making harmful or unfavorable statements regarding the Company or any of its services, operations, processes or methods.

	7.6
	The Executive Chairman acknowledges that any breach of confidentiality during the term of this Agreement or at any time thereafter may lead to liability and may render the Executive Chairman liable to legal action and/or damages.

8Non-Competition; Non-Solicitation
	8.1
	The Executive Chairman agrees that, for the duration of this Agreement and for a period of 12 months thereafter (the “Restricted Period”), the Executive Chairman shall not, within any jurisdiction or marketing area in which the Company or any of its affiliates is doing business (the “Restricted Territory”), engage in, operate, manage, provide financing to or otherwise acquire ownership in, or serve as an officer, director, member, partner, employee, agent, consultant, advisor or representative, of a business or other entity which engages or plans to engage, within the Restricted Territory, in battery cell production or any other line of business in which the Company or any of its affiliates is engaged or has developed plans to engage, but not including wind power developments and related activities outside the battery cell business (the “Restricted Business”). The Company shall, during the 12-month period following the term of this Agreement, pay, on a monthly basis, an amount equal to the Executive Chairman’s monthly base salary (the “Non-Compete Payment”). In the event of a breach of this clause 8.1 by the Executive Chairman, the Executive Chairman will no longer be entitled to the Non-Compete Payment and agrees to immediately reimburse the Company for the Non-Compete Payment made in accordance with this clause 8.1. In the event of breach of this clause 8.1, the Company may demand that the infringement immediately ceases and may take necessary legal actions.

	8.2
	The Executive Chairman agrees that for the duration of this Agreement and for a period of 12 months thereafter, the Executive Chairman shall not: (i) solicit for employment or engagement, knowingly entice away, or hire or engage (whether as an employee, director, agent, contractor or otherwise), any person who, as of the date of the Executive Chairman’s termination is, or in the previous 12 months was, an officer, employee, agent or independent contractor of the Company or its subsidiaries, or encourage any of them to terminate their employment with the Company or its subsidiaries; and (ii) solicit any person who, as of the date of the Executive Chairman’s termination is, or in the previous 12 months was, a customer or supplier of, or any person or entity with a business relationship with the Company or any of its subsidiaries for the purposes of offering or receiving goods or services similar to or otherwise competitive with those offered or provided by the Company or any of its subsidiaries.

	8.3
	Notwithstanding the foregoing, the Executive Chairman shall not be prevented or restricted from any of the following: (i) owning, directly or indirectly, as a passive investment, less than five percent (5%) of the outstanding voting equity securities of any partnership, corporation, limited liability company or other entity (whether public or private) that is engaged in a Restricted

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Business, provided that the Executive Chairman does not provide services to, or actively participate in the operation or control of, such partnership, corporation, limited liability company or other entity; and (ii) owning passive interests in or securities of any debt or equity investment fund or similar investment entity if the Executive Chairman does not have the ability to control or exercise any managerial influence over such fund.
	8.4
	In addition: (i) the parties agree that the provisions relating to confidentiality, work product, non-competition and non-solicitation (the “Covenants”) have been specifically negotiated by sophisticated commercial parties and agree that all such provisions are reasonable under the circumstances and given the activities contemplated by this Agreement; (ii) the Executive Chairman acknowledges and agrees that the Covenants are reasonable in light of all of the circumstances, are sufficiently limited to protect the legitimate interests of the Company and its subsidiaries, impose no undue hardship on the Executive Chairman, and are not injurious to the public; and (iii) in the event of violation of the Covenants, the Executive Chairman shall indemnify the Company for financial loss it incurs or suffers in connection with such violation and agrees that the Company may demand that the infringement immediately ceases and may take necessary legal actions in accordance with applicable law.

9Intellectual property
	9.1
	All intellectual property rights, including patentable inventions, trademarks, design rights or copyrights, that are created or developed by the Executive Chairman during the term of this Agreement shall fully and wholly devolve upon and be the property of the Company or shall be transferred to the Company if such transfer is necessary under applicable statutory legislation. The same applies to similar creations that are not legally protected by patent, copyright or similar but that the Company has an interest in employing.

	9.2
	The Company shall by virtue of this Agreement have an unrestricted, exclusive and gratuitous right to exploit such intellectual property rights and creations. Such intellectual property rights and creations shall without exception be deemed to have been created or developed in the course of the Executive Chairman’s role as executive chairman of the Company if the exploitation of the right or creation falls within the scope of the Company’s business. This applies notwithstanding that the Executive Chairman has created or developed the right outside working hours or outside the Company's premises.

	9.3
	The Executive Chairman is not entitled to any separate compensation for the Company’s utilization of rights as mentioned in this clause. The Executive Chairman shall unsolicited inform the Company of any rights that may fall within the scope of this clause, unless it is obvious that the Company is already aware of the right.

10General
	10.1
	This Agreement including Annex 1 and Annex 2 attached hereto shall regulate all matters relating to the Executive Chairman’s work for the Company and shall, as from the Commencement Date, replace any and all former agreements or arrangements between the Executive Chairman and the Company relating to the Executive Chairman’s work for the Company.

	10.2
	Nothing in this Agreement shall be interpreted or construed as creating or establishing a relationship of employer and employee between the Company and the Executive Chairman. The Company shall not provide workers’ compensation, disability insurance, social security, unemployment compensation coverage or any other statutory benefit to the Executive Chairman. The Company will, to the extent required under statutory provisions, at payment of remuneration, bonus, allowances etc. withhold taxes, also related to taxable benefits, from such

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payable compensations and pay the withheld taxes to appropriate authorities. The Executive Chairman acknowledges and agrees that any personal tax liability on the Executive Chairman’s hand shall be carried solely by the Executive Chairman.
	10.3
	The Executive Chairman acknowledges that the Executive Chairman has carefully read this Agreement, has had an opportunity to discuss it with advisors should so be desired, and understands all the terms and conditions therein.

	10.4
	If any provision of this Agreement should be declared legally invalid or unenforceable by a competent court, such declaration shall in no way effect the validity or enforceability of any other provision thereof, nor shall any such declaration of legal invalidity or unenforceability operate to nullify or rescind this Agreement, but shall only serve to render ineffective any such provision declared legally invalid or unenforceable. In lieu thereof, there shall be added a provision as similar in terms to such illegal, invalid and unenforceable provision as may be possible and be legal, valid and enforceable.

	10.5
	This Agreement shall be governed by and construed in all aspects in accordance with the laws of Norway. Any claim arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of Norway. Oslo Tingrett shall be the exclusive venue for bringing suit. Injunctive relief and enforcement action in respect of any ruling by the courts of Norway may be sought in any competent court.

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This Agreement has been prepared and signed by the parties of this Agreement in two identical original copies, one copy having been delivered to and to be retained by each of the parties.
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	For the Company
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	Executive Chairman

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	/s/ Maurice Dijols
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	/s/ Torstein Dale Sjøtveit

	Name: Maurice Dijols
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	Name: Torstein Dale Sjøtveit

	Position: Sole Director
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	Date: June 6, 2021

	Date: June 6, 2021
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Annex 1 – Equity compensation
The following has been agreed with the Executive Chairman:
Equity Compensation
		·
	Options: 200,000 in 2021 with strike price of USD 10 per share. From 2022 onwards: Participation in the Company’s option program or individual arrangement.

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Annex 2
FREYR Battery Role Description Executive Chairman of the Board
		1.
	Introduction

		1.1
	To strengthen the management of the Company in its current phase of growing its business and organization, the Chairman of the Board is given the temporary position as Executive Chairman of the Board. The Chairman shall maintain the position as Executive Chairman until the Board resolves that such position is no longer required.

		1.2
	This Role Description aims to define the obligations, authorizations and responsibility of the Executive Chairman.

		1.3
	The Role Description is meant to be a supplement to applicable law and listing rules, other relevant legal framework and the Company's articles of association and does not limit or affect statutory rights or responsibilities for the CEO or the Board.

		1.4
	The Company’s rules of procedure for the Board of Directors contain relevant guidelines on roles and responsibilities with regard to management of the Company.

		1.5
	The Board of Directors will annually review and evaluate the content of this Role Description.

		2.
	Role as Executive Chairman

		2.1
	The Executive Chairman shall, on behalf of the Board and in compliance with any guidelines and instructions adopted by the Board, assist and support the Executive Management.

		2.2
	In the role as Executive Chairman main responsibilities are covering:

		i.
	Participate in discussions with the Executive Management to ensure that matters to be dealt with by the Board are prepared and presented in a manner providing the Board with a satisfactory basis for making decisions.

		ii.
	Provide support to the Executive Management, especially relevant for major decisions such as investments and other important matters that shall be presented to the Board.

		iii.
	Participate in important meetings with partners, customers, and suppliers where the Executive Management can benefit from the Executive Chairman’s support.

		iv.
	Involvement in early phase development of initiatives and projects together with the Executive Management Team. These initiatives and projects will report to dedicated Steering Committees within the Executive Management Team. The Executive Chairman will chair such committees as agreed from case to case.

		3.
	Confidentiality

		3.1
	Information and documentation disclosed to the Board, its subcommittees and the executive management in their capacity as representatives of the Company, shall be kept confidential, unless otherwise decided by the Board or required pursuant to applicable laws or regulations.

		3.2
	Upon dismissal or resignation, the Executive Chairman shall return or destroy all confidential material concerning the Company which is in his/her possession.

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Exhibit 10.41
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OFFICE TRANSLATION
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3028A
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Lease Agreement
between
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Mo Industripark AS
Business registration no 914 780 152
(hereinafter referred to as the Lessor or MIP)
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and
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Freyr Battery Norway AS
Business registration no 926 089 862
(hereinafter referred to as the Tenant)
Agreement no. 3028A - Kamstålbygget
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3028A
	1.
	The Lease Object.

		1.1.
	The lease agreement encompasses building no. 315 with the areas specified in the enclosed area drawings (Appendix 1). Address Terminalveien 22, 8624 Mo i Rana. Land no/title no 20/538 in Rana Municipality.

		1.2.
	More about the leased area:

Building 315 Leased area, GRA 13,560m2
		1.3.
	The Tenant takes over the premises as described in the Building Description (Appendix 2) and in accordance with the takeover protocol (form included as Appendix 3). In connection with takeover of the rental object, a takeover inspection shall be carried out. From such takeover inspection, a takeover protocol shall be completed and signed by both parties.

		1.4.
	The purpose of the lease agreement is: Production activities, including production, testing, recycling, storing raw materials and batteries and all related activities.

		1.5.
	The Tenant shall provide surety in accordance with terms included in Appendix 5.

	2.
	Furnishing / alteration of the premises.

If the Tenant's use makes it necessary to make structural changes to the building's supporting structures, external roofs and walls and similar of the premises, the Lessor's written consent must be given before the work is started. The Lessor's consent cannot be denied without just cause.
The Lessor is deemed to have consented to the structural changes described in Appendix 4 upon entering into this agreement.
Unless otherwise agreed in writing between the Parties, or is set out in Appendix 4, the Lessor's consent pursuant to clause 2 in this agreement does not entail that the Tenant is given the right to return the premises without these being returned in the condition they were in upon takeover.
The assembly of production equipment, installations, machinery and fixtures as part of interior fittings for use of the premises does not require the consent of the Lessor. The Tenant's obligation to reverse changes applies correspondingly to such installations, etc.
	3.
	Rental price, rent payments and adjustment of rent.

		3.1.
	From the commencement of the lease and up until 30 June 2024, the rent is NOK 5,474,850 excluding VAT per year (NOK 475 x 0.85 x 13560). Thereafter, the rent is NOK 6,441,000, excluding VAT per year (NOK 475 x 13560). In addition, additional rent will added to the extent this is agreed in writing.

The rental amounts stated herein are subject to index regulation in line with Clause 3.3.
		3.2.
	The rent is due in advance once per month. Payment must be made by the first of each month.

MIP is entitled to calculate interest on overdue rent due according to the Late Payment Interest Act.
		3.3.
	The rent is subject to annual index adjustment with effect from 1 January every year, the first time effective from 1 January 2022. Such adjustment shall not lead to the rent being decreased, unless there is a significant fall in the consumer price index, in which case the parties shall meet to agree on compensating measures. The adjustment is made on the basis of the development in Statistics Norway's consumer price index.

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3028A
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The basic index is the price index as of October 2020, and the annual adjustments are made based on the index figure for the month of October in the year before the adjustment is implemented. The other provisions in the Tenancy Act Chapter 4 regarding adjustment of rent shall not apply to this agreement.
Regardless of the index adjustment set out above, the Lessor is entitled to increase the rent proportionately if public fees or taxes applicable to real property increase significantly. Likewise, the Lessor is entitled to adjust the rent in the event that new public charges are introduced on real property. If any other public regulations that entail investment or increased costs are imposed on the Lessor, up to half of the share that fall on the rental object may form basis for adjustment of the rent. If other public regulations that result in investments or increased costs are imposed on the Lessor due to the Tenant's activities, this gives the Lessor the right to adjust the rent correspondingly to the increased costs. Such regulation may take place from the date the amendments receive a cost effect for the Lessor.
	4.
	Lease period.

The lease commences 12 August 2021 and expires without termination on 11 August 2031. If the premises are ready for takeover at an earlier time, the lease shall commence when the takeover protocol has been signed by the Tenant.
In addition, the Tenant is entitled to extend the lease with an additional two periods of 5 years on the same terms.
The lease period will automatically be extended with an additional lease period if the Tenant does not provide written notification about termination no later than 6 months prior to the expiry of the current lease period.
From the date of entering into the agreement and up until 31 December 2021, the Tenant has the right to terminate the agreement with 3 months' written notice, subject to the payment of six months' rent from the expiry of the termination period. The rental object shall be handed over to the Lessor no later than by the end of the termination period. The Tenant shall also cover the Lessor's costs related to adaptation of the rental object as described in the Preparatory Work Agreement. The Tenant's obligation to return the rental object to the state it was in at takeover, cf clause 10, applies correspondingly.
	5.
	Value Added Tax.

		5.1.
	As per signing the agreement, the parties have assumed that the entire rental object shall be covered by the Lessor's voluntary registration in the Value Added Tax Register. The Tenant ensures that the use of the premises meets the conditions for registration from the date of contract signing and for the entire lease period.

		5.2.
	The Lessor has the right to add value added tax at the rate applicable at any given time to the rent, etc., which is at any time covered by the Lessor's voluntary registration.

		5.3.
	 If the Lessor approves of sub- lease, the Tenant shall include in the sub-lease agreement that the sub-lease shall be treated as subject to value added tax, and invoice the rent with the addition of value added tax. Corresponding documentation as in Clauses 5.4. and 5.5. shall then be obtained from the sub-tenant.

		5.4.
	The Tenant must immediately provide the Lessor with information on circumstances that may result in a change in the value added tax status of all or part of the rental object. The Tenant shall, within 14 days, respond in writing to the Lessor's annual Tenant's declarations regarding the Tenant's use of the rental object during the year.

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3028A
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		5.5.
	If the Lessor has consented to the Tenant making investments on the rental object and the costs are covered by the Adjustment Rules in the Value Added Tax Act, the Tenant shall, without undue delay, prepare and present to the Lessor a statement satisfying the at any time applicable requirements in the Norwegian Value Added Tax Act for registration and documentation on acquisition and manufacturing of capital goods.

		5.6.
	Upon termination of the lease, the Tenant and any sub-tenants shall retain their own adjustment obligations.

		5.7.
	The Tenant shall keep the Lessor indemnified from any loss, including reduced right to deduction and reversal/adjustment of deducted input VAT as well as interest, surcharges and other costs associated with such losses, as a result of (i) changes to the rules that cause the Tenant's use/business to no longer be subject to VAT, (ii) the Tenant's change of use, (iii) sublease, corporate/organizational changes, (iv) defects or negligence etc.

		5.8.
	Any claims arising from the provisions of this clause 5 shall fall due for payment upon demand. Claims arising from the Lessor's obligation to reverse/adjust deducted input VAT will, however, fall due for payment no earlier than 14 days before the due date for the Lessor's payment obligation to the Norwegian state.

	6.
	Use of the Premises

The premises are assumed to be used in accordance with the purpose. Changes of use require the written consent of the Lessor. The Lessor's consent cannot be denied without just cause.
Sublease is subject to the consent of the Lessor. Consent may not be denied without just cause.
	7.
	The Lessor's obligations during the lease period.

		7.1.
	The Lessor's liability for operating costs.

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		7.1.1.
	Building insurance.

The Lessor shall cover general building insurances.
Obtaining other insurances is the Tenant's responsibility. If the Tenant's changes of business lead to increased building insurance premiums or other claims from the Lessor's insurance company, these shall be covered by the Tenant.
		7.1.2.
	Property tax.

The Lessor covers the costs of property tax related to the rental object and associated common areas. Any increase in property tax as a result of the Tenant's measures or investments shall be covered by the Tenant.
		7.2.
	The Lessor's maintenance obligations.

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The Lessor's maintenance obligations under this clause also include replacement as far as the relevant component can no longer be maintained.
		7.2.1.
	External maintenance.

The Lessor is responsible for external maintenance, exclusive gates, doors and any glass in the external wall. The maintenance obligation does not include the Tenant's own installations, including but not limited to signs, ventilation outlets, etc.
The Lessor shall notify the Tenant as quickly as possible and no later than six weeks before external maintenance is initiated unless such period entails the risk of damage to the rental object or other installations, etc.

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3028A
		7.2.2.
	Internal maintenance.

The Lessor is responsible for the building's general basic installations that existed at the takeover date such as power supply up to the Tenant's fuse box, waterborne heating up to heat exchanger, water supply and sewer drainage to the Tenant's premises. The Tenant shall be responsible for any installation or cost, including basic installations, installed by the Tenant itself or that has been specifically installed for the Tenant's activities.
		7.2.3.
	Retainment of rent

If the Lessor does not perform necessary maintenance without unfounded delay in accordance with his obligations under the agreement, the Tenant may withhold rent corresponding to the costs of obtaining such maintenance until such maintenance has been carried out.
	8.
	The Tenant's operational and maintenance obligations.

		8.1.
	Cleaning and waste management

The costs of cleaning the rental object and handling waste is the Tenant's responsibility.
		8.2.
	Water and Drainage

The costs of water and drainage in the rental object is the Tenant's responsibility.
		8.3.
	Energy

Energy costs relating to heating, lighting and operations in the building is the Tenant's responsibility.
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		8.4.
	The Tenant's obligations to cover operating expenses.

Unless otherwise stipulated in the other provisions in the agreement, it is the Tenant's duty to cover any costs in respect of the Tenant's own operation of the rented premises and areas otherwise covered by the lease agreement.
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		8.5.
	The Tenant's responsibility for maintenance.

The Tenant's maintenance obligations also include replacing smaller installations and fixtures as far as the relevant component can no longer be maintained. The Tenant is responsible for replacing installations, etc., that the Tenant has brought into the rental object. The Tenant is fully responsible for internal maintenance of the rented premises to which he has exclusive access. Among other things, the liability includes (i) all permanent installations in the rented premises to the extent these are not part of the building's general basic installations that the Lessor is responsible for, see Clause 7.2.2. (ii) surface treatment of floor walls and ceilings, (iii) special equipment, installations or fixtures – including lifting equipment, control panels, gas, air and welding installations, (iv) all other installations, etc., that the Tenant has brought into the rental object.
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Costs relating to service and maintenance of the ventilation system is the Tenant's responsibility.
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The Tenant is also responsible for the maintenance of gates, doors and any glass in the external wall.
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The Tenant acknowledges and accepts that its liability under this agreement so far concerns gates, doors and any glass on the external wall exceeds the liability pursuant to the rules in the Tenancy Act.
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The Tenant is responsible for keys distributed to the Tenant. Any new keys/cylinders must be paid by the Tenant. The same applies to any loss of keys where the cylinder is required.
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3028A
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The Tenant is obliged to treat the rented premises and the property in general with due care and is liable for all damage to the rented premises and the property owed to him or other persons to which he has granted access to the premises or to the property in general.
		8.6.
	All maintenance work shall be carried out properly and craftmanslike and with no unfounded delay. If the Tenant does not perform the necessary maintenance of the premises and installations within a reasonable time after written notice from the Lessor, the Lessor is entitled to allow such work carried out at his expense.

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	9.
	Breach of Contract/Eviction of the Tenant.

		9.1.
	The Tenant is responsible for any costs resulting from clearing the rental object due to forced eviction or other vacation.

		9.2.
	The Tenant accepts forced eviction if the rent or any agreed additional payments are not paid, see Section 13-2, paragraph three (a) of the Enforcement Act. The Tenant accepts forced eviction upon the expiration of the rental period, see Section 13-2, paragraph three (b) of the Enforcement Act.

		9.3.
	In the case of material breach of the lease agreement, the Lessor may terminate the lease, and the Tenant shall then immediately vacate the rental object.

		9.4.
	If the Tenant is evicted or vacates the premises at the request of the Lessor due to default or vacates the rental object as the result of bankruptcy, the Tenant shall pay the rent for the remaining lease period. The payment obligation applies only to the extent that the Lessor is not able to cover his loss through other rental. The Lessor shall loyally seek to rent out the property in accordance with the general duty to mitigate losses. The Tenant must also pay any costs resulting from eviction and tidying/cleaning of the rental object. The same applies to any costs associated with the reversal of the Tenant's works and costs relating to new lease.

	10.
	Vacation.

The Premises shall be returned with the same structural furnishings and standards as at the Tenant's takeover, unless otherwise is agreed in writing between the Parties. The premises must be returned tidied and cleaned with all window panes intact and in otherwise good condition, except for deviation caused by ordinary wear and tear.
When the Tenant removes its assembled operational equipment, all connections, inputs and foundations of the operating equipment shall be removed and the premises shall be repaired after the disassembly. Constructional changes carried out by the Tenant shall be reversed unless otherwise is agreed or set out in Appendix 4, cf section 2.
Fixtures, cords, mountings, flooring etc., which the Tenant has brought to the premises are not covered by the Tenant's removal obligation upon winding up and shall devolve on the Lessor without compensation.
No later than six months before the expiry of the lease, the parties shall carry out a joint inspection of the rental object to determine any work that may be necessary to bring the rental object to the state required upon its return.
	11.
	Disputes.

Disputes in connection with this agreement with any additional agreements are subject to the rules in the Norwegian Dispute Act with Rana municipality as the legal venue.
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3028A
	12.
	Miscellaneous provisions

Unless otherwise is determined in the Agreement, the Norwegian Tenancy Act applies to this agreement. The following provisions of the Tenancy Act do not apply; Sections 2-15, 3-5, 3-6, 3-8, 4-3, 5-4, paragraph one, 5-8, first to and including fourth paragraphs, 7-5, 8-4, 8-5, 8-6, paragraph two and 10-5.
Either party may allow the agreement to be registered in the Land Registry at its own expenses.
This Agreement is conditional upon the Tenant having approved and, no later than at the time of entering into the current agreement, having signed the "Framework Agreement for delivery of goods and services from Mo Industripark AS".
	13.
	Special additions

The parties have made themselves familiar with the appendices to the agreement and approve by their signature the appendices as part of the agreement.
***
Appendices:
		1.
	Specification of the rental object (area drawings).

		2.
	Building description.

		3.
	Takeover Protocol.

		4.
	The Tenant's planned constructional changes.

		5.
	Surety.

***
This Agreement has been made in two copies, of which the parties have retained one each.
Mo., on 19 July 2021
​
	​

	​

	​

	/s/ Anne Ulriksen
	    
	/s/ Tom Einar Jensen

	Lessor's signature
	​
	Tenant's signature

​

-Page 7 of 7-

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