SEC Contract Filing

Filing Date: 2021-03-09

Document Content:
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>8
<FILENAME>ea137250ex10-3_interprivate3.htm
<DESCRIPTION>REGISTRATION RIGHTS AGREEMENT, DATED MARCH 4, 2021, BY AND AMONG THE COMPANY, INTERPRIVATE ACQUISITION MANAGEMENT III LLC AND THE OTHER HOLDERS PARTY THERETO
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<P STYLE="text-align: right; margin: 0"><B>Exhibit 10.3</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>EXECUTION VERSION</B></P>

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

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">THIS REGISTRATION RIGHTS
AGREEMENT (this &ldquo;<B><I>Agreement</I></B>&rdquo;)<I>,</I> dated as of March 4,&nbsp;2021, is made and entered into by and
among InterPrivate III Financial Partners Inc., a Delaware corporation (the &ldquo;<B><I>Company</I></B>&rdquo;), InterPrivate
Acquisition Management III, LLC, a Delaware limited liability company (the &ldquo;<B><I>Sponsor</I></B>&rdquo;) and EarlyBirdCapital,
Inc. (the &ldquo;<B><I>Underwriter</I></B>&rdquo;) (together with 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;)<I>.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, the
Company has 6,468,750 shares of Class B common stock, par value $0.0001 per share (the &ldquo;<B><I>Founder Shares</I></B>&rdquo;)<I>,</I>
issued and outstanding, up to 843,750 of which will be forfeited to the Company for no consideration depending on the extent to
which the underwriters of the Company&rsquo;s initial public offering exercise their over-allotment option;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, the
Founder Shares are convertible into shares of the Company&rsquo;s Class A common stock, par value $0.0001 per share (the &ldquo;<B><I>Common
Stock</I></B>&rdquo;)<I>,</I> at the time of the initial Business Combination (as defined below) on a one-for-one basis, subject
to adjustment, on the terms and conditions provided in the Company&rsquo;s amended and restated certificate of incorporation, as
may be amended from time to time;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, on
March 4, 2021, the Company and the Sponsor entered into that certain Sponsor Private Placement Units Purchase Agreement (the &ldquo;<B><I>Sponsor
Private Placement Units Purchase Agreement</I></B>&rdquo;)<I>,</I> pursuant to which the Sponsor agreed to purchase 525,000 units
(or up to 577,500 units to the extent that the over-allotment option in connection with the Company&rsquo;s initial public offering
is exercised) (the &ldquo;<B><I>Sponsor Private Placement Units</I></B>&rdquo;) in a private placement transaction occurring simultaneously
with the closing of the Company&rsquo;s initial public offering;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, on
February 28, 2021, the Company and the Underwriter entered into that certain Letter Agreement (the &ldquo;<B><I>Letter Agreement</I></B>&rdquo;),
pursuant to which the Company issued 200,000 shares of Common Stock (the &ldquo;<B><I>Representative Shares</I></B>&rdquo;) in
a private placement transaction;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, on
March 4, 2021, the Company and the Underwriter entered into that certain Underwriter Private Placement Units Purchase Agreement
(the &ldquo;<B><I>Underwriter Private Placement Units Purchase Agreement</I></B>&rdquo;)<I>,</I> pursuant to which the Underwriter
agreed to purchase 100,000 units (or up to 115,000 units to the extent that the over-allotment option in connection with the Company&rsquo;s
initial public offering is exercised) (the &ldquo;<B><I>Underwriter Private Placement Units</I></B>&rdquo; and, together with the
Sponsor Private Placement Units, the &ldquo;<B><I>Private Placement Units</I></B>&rdquo;) in a private placement transaction occurring
simultaneously with the closing of the Company&rsquo;s initial public offering;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, in
order to finance the Company&rsquo;s transactio