Document:

Exhibit 10.4

       

     

      

    AMCI Acquisition Corp.

    975 Georges Station Road, Suite 900

    Greensburg, PA 15601

     

       

    October 12, 2020

     

       

    	
            AMCI Sponsor LLC

            1501 Ligonier Street, Suite 370

            Latrobe, PA  15601

            Attn:  William Hunter

          	
            Advent Technologies, Inc.

            One Mifflin Place

            119 Mt Auburn Street, Suite 400

            Cambridge, MA  02138

            Attn:  James F. Coffey

          

     

       

    
      	 	
              Re:

            	
              Sponsor Warrant Letter

            

    

     

       

    Ladies and Gentlemen:

     

       

    Reference is hereby made to that certain Agreement and Plan of Merger, dated as of October 12, 2020 (as amended, the “Merger Agreement”), by and among AMCI Acquisition Corp., a Delaware corporation (the “Purchaser”), AMCI Merger Sub Corp., a Delaware
      corporation, AMCI Sponsor LLC, a Delaware limited liability company, in the capacity as the Purchaser Representative thereunder, Vassilios Gregoriou, in the capacity as the Seller Representative thereunder, and Advent Technologies, Inc., a Delaware
      corporation (the “Company”).  Any capitalized terms used but not defined in this letter agreement (this “Agreement”) will have the
      meanings ascribed thereto in the Merger Agreement.

     

       

    In connection with the Merger Agreement, AMCI Sponsor LLC, a Delaware limited liability company (“Sponsor”), has agreed to enter into this Agreement with the Purchaser and the Company relating to the 5,910,416 warrants to purchase shares of Class A Common Stock, par value $0.0001 per share, of the Purchaser (such
      warrants, the “Private Placement Warrants”) initially purchased by Sponsor in a private placement prior to the Purchaser’s initial public offering, which Private Placement Warrants are
      currently held by Sponsor.

     

       

    For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Sponsor, the Purchaser and the Company
      hereby agree as follows:

     

       

    	1.	
            Sponsor hereby agrees that, upon and subject to the Closing, Sponsor will, subject to and in accordance with the terms and conditions of this Agreement, forfeit one-third
              (1/3rd) of the Private Placement Warrants that it owns as of the Closing (the “Forfeited Warrants”),
              prior to giving effect to the Warrant Amendment (and for the avoidance of doubt, prior to giving effect to any transfers of Private Placement Warrants by Sponsor to Orion Resource Partners (USA) LP, a Delaware limited partnership (“Orion”)).

          

    	2.	
            Notwithstanding anything to the contrary herein, at or prior to the Closing, Sponsor may transfer any Private Placement Warrants to any third-party investor who provides
              equity or debt financing for the transactions contemplated by the Merger Agreement without the consent of any party hereto, and any Private Placement Warrants so transferred shall reduce the number of Private Placement Warrants used to
              calculate the number of Forfeited Warrants hereunder.  Any such transferred Private Placement Warrants shall not be subject to the terms and conditions of this Agreement (but shall be subject to the Warrant Amendment).

          

     

       

    
      
        

    

    
    	3.	
            This Agreement (including the Merger Agreement, to the extent incorporated herein) constitutes the entire agreement and understanding of the parties hereto in respect of
              the subject matter hereof and supersedes all prior understandings, agreements, or representations by or among the parties hereto, written or oral, to the extent they relate in any way to the subject matter hereof.  This Agreement may not be
              changed, amended, modified or waived as to any particular provision, except by a written instrument executed by all parties hereto.  No failure or delay by a party in exercising any right hereunder shall operate as a waiver thereof nor shall
              any single or partial exercise thereof preclude any other or further exercise of any other right hereunder.

          

    	4.	
            Subject to Section 2 above, no party hereto may assign either this Agreement or any of its rights or obligations hereunder without the prior written consent
              of the other parties.  Any purported assignment in violation of this Section 4 shall be null and void ab initio and of no force or effect.  This Agreement shall be binding on the undersigned parties and their respective
              successors and permitted assigns.

          

    	5.	
            Any notice, consent or request to be given in connection with any of the terms or provisions of this Agreement shall be in writing and shall be sent in the same manner as
              provided in Section 9.2 of the Merger Agreement.  Unless otherwise specified in writing by the Sponsor, notices to the Sponsor shall be sent to the address of the Purchaser Representative set forth in the Merger Agreement.

          

    	6.	
            This Agreement shall be construed, interpreted and enforced in a manner consistent with the provisions of the Merger Agreement.  The provisions set forth in Sections 9.4
              through 9.8, 9.12 and 9.13 of the Merger Agreement, as in effect as of the date hereof, are hereby incorporated by reference into, and shall be deemed to apply to, this Agreement as if all references to the “Agreement” in such sections were
              instead references to this Agreement, and the references therein to the “Parties” were instead to the parties to this Agreement.

          

    	7.	
            This Agreement shall terminate at such time, if any, as the Merger Agreement is terminated in accordance with its terms prior to the Closing, and upon such termination this
              Agreement shall be null and void and of no effect whatsoever, and the parties hereto shall have no obligations under this Agreement.

          

    {Remainder of Page Left Blank; Signature Page Follows}

    

       

    
      2

      
        

    

    Please indicate your agreement to the foregoing by signing in the space provided below.

     

       

    	 	
            AMCI ACQUISITION CORP.

          
	 	 
	 	
            By: 

               

          	 /s/ William Hunter	 
	 	
            Name:  William Hunter

          
	 	
            Title:  Chief Executive Officer

          

    

       

    Accepted and agreed, effective as of the date first set forth above:

    

       

    	
            ADVENT TECHNOLOGIES, INC.

          	 
	 	 
	
            By:  

               

          	/s Vassilios Gregoriou	 
	
            Name:  Vassilios Gregoriou

          	 
	
            Title:  Chief Executive Officer

          	 
	 	 
	
            AMCI SPONSOR LLC

          	 
	 	 
	
            By:  

               

          	/s/ William Hunter	 
	
            Name:  William Hunter

          	 
	
            Title:  Managing Member

          	 

    

       

    

       

    {Signature Page to Sponsor Warrant Letter}Exhibit 10.5

          

         

          

        
          EXECUTION COPY

        

         

          

        AMCI Acquisition Corp.

        975 Georges Station Road, Suite 900

        Greensburg, PA 15601

         

        October 12, 2020

         

      

      Orion Resource Partners (USA) LP

      1045 Avenue of the Americas

      New York, NY 100018

       

      
        	 	
                Re:

              	
                Amendment to Promissory Note

              

      

       

      Ladies and Gentlemen:

       

      Reference is hereby made to that certain Promissory Note, dated as of May 20, 2020 (the “Note”), by AMCI Acquisition Corp., a Delaware corporation (“Maker”), to the order of Orion
        Resource Partners (USA) LP, a Delaware limited partnership (“Payee”).

       

      For good and valuable consideration, the receipt and sufficient of which are hereby acknowledged, Maker and Payee hereby agree to amend the Note,
        effective as of the date first set forth above, as follows:

       

      	

            	1.	
              Section 1 of the Note is hereby amended to delete clause (ii) in the first sentence thereof and replacement it with the following “(ii) October 20, 2020 (provided, that in the event that
                Maker obtains the approval of its stockholders to extend the deadline by which it must consummate the Business Combination to February 22, 2021, the date set forth in this clause (ii) shall be extended to February 22, 2021) (such earlier
                date, the “Maturity Date”).

            

       

      
        Except as expressly amended hereby, the provisions of the Note remain in full force and effect, on the terms and subject to the conditions set forth
          therein.  This letter agreement does not constitute, directly or by implication, an amendment or waiver of any provision of the Note, or any other right, remedy, power or privilege of any party to the Note, except as expressly set forth herein. 
          The terms of this letter agreement shall be governed by and construed in a manner consistent with the provisions of the Note.

      

      
         

        {Remainder of page intentionally left blank; signature page follows}

         

      

      
        

        
          

        

      

      
        Please acknowledge your agreement and acceptance to the foregoing by signing below and returning it to the undersigned at your earliest
          convenience.

         

      

      	 	
              Very truly yours,

            
	 	 
	 	
              AMCI ACQUISITION CORP.

            
	 	 
	 	
              By:

            	
              /s/ William Hunter

            	 
	 	
              Name: William Hunter

            
	

            	
              Title: Chief Executive Officer

            

       

      Accepted and agreed, effective as of the date first set forth above:

       

      	
              ORION RESOURCE PARTNERS (USA) LP

            
	  
	
              By:

            	
              /s/ Dov Lader

            	 
	
              Name: Dov Lader

            
	
              Title: Deputy General Counsel

            

       

      
        {Signature Page to Orion Note Amendment}

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