SEC Contract Filing

Filing Date: 2025-06-12

Document Content:
<DOCUMENT>
<TYPE>EX-10.64
<SEQUENCE>19
<FILENAME>ef20050548_ex10-64.htm
<DESCRIPTION>EXHIBIT 10.64
<TEXT>
<html>
 <head>
 <title></title>
 <!-- Licensed to: Broadridge
 Document created using Broadridge PROfile 25.5.1.5318
 Copyright 1995 - 2025 Broadridge -->
 </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman'; font-size: 10pt; text-align: left; color: #000000;">

 <!--PROfilePageNumberReset%Num%1%%%-->
 <hr noshade="noshade" align="center" style="height: 4px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;">
 <div>
 <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 10.64</font><br>
 </div>
 <div>&#160;</div>
 <div style="text-align: center; margin-right: 0.05pt; margin-left: 0.9pt;">XCF Global, Inc.</div>
 <div style="text-align: center; margin-left: 0.9pt;">2025 Employee Stock Purchase Plan</div>
 <div><br>
 </div>
 <div>
 <div>
 <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;" id="z4c9a8438951f413d851c58936475c886" class="DSPFListTable">

 <tr style="vertical-align: top;">
 <td style="text-align: right; vertical-align: top; width: 39pt;">
 <div style="text-align: left;">1.</div>
 </td>
 <td style="text-align: left; vertical-align: top; width: auto;">
 <div style="font-size: 12pt;"><font style="font-size: 10pt;"><u>General</u>.</font></div>
 </td>
 </tr>

 </table>
 </div>
 </div>
 <div><br>
 </div>
 <div style="text-indent: 39pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;XCF Global, Inc. (the &#8220;Company&#8221;), by means of the Plan, seeks to secure and retain the services of Eligible Employees and to provide incentives for such persons to exert maximum efforts for the success of
 the Company and its Related Corporations. The Plan provides a means by which Eligible Employees of the Company and certain Designated Companies may be given an opportunity to purchase shares of Common Stock. The Plan permits the Company to grant a
 series of Purchase Rights to Eligible Employees under an Employee Stock Purchase Plan. In addition, the Plan permits the Company to grant a series of Purchase Rights to Eligible Employees that do not meet the requirements of an Employee Stock
 Purchase Plan.</div>
 <div><br>
 </div>
 <div style="text-indent: 39pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Plan includes two components: (i) a 423 Component and (ii) a Non-423 Component. The Company intends (but makes no undertaking or representation to maintain) the 423 Component to qualify as an Employee
 Stock Purchase Plan. The provisions of the 423 Component, accordingly, will be construed in a manner that is consistent with the requirements of Section 423 of the Code. This Plan also authorizes grants of Purchase Rights under the Non- 423 Component
 that do not meet the requirements of an Employee Stock Purchase Plan. Except as otherwise provided in the Plan or determined by the Board, the Non-423 Component will operate and be administered in the same manner as the 423 Component. In addition,
 the Company may make separate Offerings which vary in terms (provided that such terms are not inconsistent with the provisions of the Plan or the requirements of an Employee Stock Purchase Plan to the extent the Offering is made under the 423
 Component), and the Company will designate which Designated Company is participating in each separate Offering.</div>
 <div><br>
 </div>
 <table cellspacing="0" cellpadding="0" id="zda4b445e02a84c64bf0f4201b6389521" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

 <tr>
 <td style="width: 39pt; vertical-align: top;">2.</td>
 <td style="width: auto; vertical-align: top;">
 <div style="font-size: 12pt;"><font style="font-size: 10pt;"><u>Administration</u>.</font></div>
 </td>
 </tr>

 </table>
 <div>&#160;</div>
 <div style="text-indent: 39pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Board will administer the Plan unless and until the Board delegates administration of the Plan to a Committee or Committees, as provided in <u>Section 2(c)</u>. References herein to the Board shall be
 deemed to refer to the Committee (if designated as administrator of the Plan) except where context dictates otherwise.</div>
 <div>&#160;</div>
 <div style="text-indent: 39pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Board will have the power, subject to, and within the limitations of, the express provisions of the Plan:</div>
 <div><br>
 </div>
 <div style="margin: 0px 0px 0px 39pt; text-indent: 36pt;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;to determine how and when Purchase Rights will be granted and the provisions of each Offering (which need not be identical);</div>
 <div><br>
 </div>
 <div style="margin: 0px 0px 0px 39pt; text-indent: 36pt;">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; to designate from time to time (A) which Related Corporations of the Company will be eligible to participate in the Plan as Designated 423 Companies, (B) which Related Corporations
 or Affiliates will be eligible to participate in the Plan as Designated Non-423 Companies, (C) which Affiliates or Related Corporations may be excluded from participation in the Plan and (D) which Designated Companies will participate in each
 separate Offering (to the extent that the Company makes separate Offerings);</div>
 <div><br>
 </div>
 <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
 <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">1</font></div>
 <div class="BRPFPageBreak" style="page-break-after: always;">
 <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; bac