SEC Contract Filing

Filing Date: 2021-11-19

Document Content:
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<TYPE>EX-10.2
<SEQUENCE>5
<FILENAME>ex10-2.htm
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit
10.2</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>REGISTRATION
RIGHTS AGREEMENT</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">REGISTRATION
RIGHTS AGREEMENT (this &ldquo;<B><I>Agreement</I></B>&rdquo;), dated as of November 18, 2021, is made and entered into by and among Energem
Corp, a Cayman Islands exempted corporation (the &ldquo;<B><I>Company</I></B>&rdquo;), Energem LLC, a Cayman Islands limited liability
company (the &ldquo;<B><I>Sponsor</I></B>&rdquo;), and each of the undersigned parties listed on the signature page hereto under &ldquo;Holders&rdquo;
(each such party, together with the Sponsor and any person or entity who hereafter becomes a party to this Agreement pursuant to <U>Section
5.2 </U>of this Agreement, a &ldquo;<B><I>Holder</I></B>&rdquo; and collectively the &ldquo;<B><I>Holders</I></B>&rdquo;).</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RECITALS</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
the Company has 2,875,000 Class B ordinary shares, par value $0.0001 per share (the &ldquo;<B><I>Founder Shares</I></B>&rdquo;), issued
and outstanding;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
the Founder Shares are automatically convertible into Class A ordinary shares of the Company, par value $0.0001 per share (the <B>&ldquo;<I>Class
A Shares</I></B>&rdquo;), at the time of the Company&rsquo;s initial Business Combination (as defined below) on a one-for-one basis;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
on August 16, 2021, the Company and the Sponsor entered into that certain Placement Units Purchase Agreement (the &ldquo;<B><I>Placement
Units Purchase Agreement</I></B>&rdquo;), pursuant to which the Sponsor agreed to purchase an aggregate of <FONT STYLE="color: #333333; background-color: white">528,075
</FONT>(the &ldquo;<B><I>Placement Units</I></B>&rdquo;) in a private placement transaction occurring simultaneously with the closing
of the Company&rsquo;s initial public offering;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
in order to finance the Company&rsquo;s transaction costs in connection with its search for and consummation of an initial Business Combination,
the Sponsor may lend to the Company funds as the Company may require, of which up to $1,500,000 of such loans may be convertible into
Placement Units in the option of the Sponsor;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
the Company and the Holders desire to enter into this Agreement, pursuant to which the Company shall grant the Holders certain registration
rights with respect to certain securities of the Company, as set forth in this Agreement.</FONT></P>

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