SEC Contract Filing

Filing Date: 2021-08-17

Document Content:
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>8
<FILENAME>ea145967ex10-3_cenaq.htm
<DESCRIPTION>REGISTRATION RIGHTS AGREEMENT AMONG CENAQ ENERGY CORP. AND CERTAIN SECURITY HOLDERS DATED AUGUST 17, 2021
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit
10.3</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin-top: 0pt; margin-bottom: 0pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">THIS
REGISTRATION RIGHTS AGREEMENT (this &ldquo;<U>Agreement</U>&rdquo;), dated as of August 17, 2021, is made and entered into by and among
CENAQ Energy Corp., a Delaware corporation (the &ldquo;<U>Company</U>&rdquo;), CENAQ Sponsor LLC, a Delaware limited liability company
(the &ldquo;<U>Sponsor</U>&rdquo;), Imperial Capital, LLC (&ldquo;<U>Imperial</U>&rdquo;) as representative of several underwriters (the
&ldquo;<U>Underwriters</U>&rdquo;), the qualified institutional buyers or institutional accredited investors listed under &ldquo;Anchor
Investors&rdquo; on the signature pages hereto (the &ldquo;<U>Anchor Investors</U>&rdquo;) and the undersigned parties listed under Holder
on the signature pages hereto (each such party, together with the Sponsor, Imperial, the Anchor Investors and any person or entity who
hereafter becomes a party to this Agreement pursuant to <U>Section 5.02</U> of this Agreement, a &ldquo;<U>Holder</U>&rdquo; and collectively
the &ldquo;<U>Holders</U>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin-top: 0pt; margin-bottom: 0pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Company and the Sponsor has entered into that certain Securities Subscription Agreement, dated as of December 31, 2020 (the &ldquo;<U>Subscription
Agreement</U>&rdquo;), pursuant to which the Sponsor purchased an aggregate of 4,312,500 shares (the &ldquo;<U>Founder Shares</U>&rdquo;)
of the Company&rsquo;s Class B common stock, par value $0.0001 per share;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin-top: 0pt; margin-bottom: 0pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin-top: 0pt; margin-bottom: 0pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Anchor Investors have purchased an aggregate of 825,000 Founder Shares of the Company&rsquo;s Class B common stock, par value $0.0001
per share;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin-top: 0pt; margin-bottom: 0pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin-top: 0pt; margin-bottom: 0pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Founder Shares are convertible into shares of the Company&rsquo;s Class A common stock, par value $0.0001 per share (the &ldquo;<U>Common
Stock</U>&rdquo;), on the terms and conditions provided in the Company&rsquo;s amended and restated certificate of incorporation;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin-top: 0pt; margin-bottom: 0pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin-top: 0pt; margin-bottom: 0pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Company and the Sponsor entered into that certain Sponsor Warrants Purchase Agreement, dated as of March 1, 2021, pursuant to which
the Sponsor agreed to purchase an aggregate of 4,500,000 warrants (or up to 4,950,000 warrants if the over-allotment option in connection
with the Company&rsquo;s initial public offering is exercised in full) (the &ldquo;<U>Sponsor Private Placement Warrants</U>&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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