SEC Contract Filing

Filing Date: 2025-01-29

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>3
<FILENAME>ea022902801ex10-1_verde.htm
<DESCRIPTION>SECOND AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT, DATED AS OF JANUARY 29, 2025, BY AND AMONG VERDE CLEAN FUELS, INC., BLUESCAPE CLEAN FUEL HOLDINGS, LLC, CENAQ SPONSOR LLC AND COTTONMOUTH VENTURES LLC
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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Exhibit 10.1</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SECOND AMENDED AND RESTATED 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 SECOND AMENDED AND RESTATED
REGISTRATION RIGHTS AGREEMENT, dated as of January 29, 2025 (this &ldquo;<B><U>Agreement</U></B>&rdquo;), is made and entered into by
and among Verde Clean Fuels, Inc., a Delaware corporation (f/k/a CENAQ Energy Corp.) (the &ldquo;<B><U>Company</U></B>&rdquo;), CENAQ
Sponsor LLC, a Delaware limited liability company (the &ldquo;<B><U>Sponsor</U></B>&rdquo;), Bluescape Clean Fuels Holdings, LLC, a Delaware
limited liability company (&ldquo;<B><U>Bluescape Holdings</U></B>&rdquo;), and Cottonmouth Ventures LLC, a wholly-owned subsidiary of
Diamondback Energy, Inc., a Delaware corporation (&ldquo;<B><U>Cottonmouth</U></B>&rdquo; and, together with the Sponsor, Bluescape Holdings
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><U>Holder</U></B>&rdquo;
and collectively the &ldquo;<B><U>Holders</U></B>&rdquo;).</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,
the Sponsor and certain other security holders named therein (the &ldquo;<B><U>Original Holders</U></B>&rdquo;) entered into that certain
Registration Rights Agreement, dated as of August 17, 2021 (the &ldquo;<B><U>Original Registration Rights Agreement</U></B>&rdquo;), pursuant
to which the Company granted the Sponsor and such other Original Holders certain registration rights with respect to certain securities
of the Company;</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 August
12, 2022, the Company, Bluescape Holdings, Bluescape Clean Fuels Intermediate Holdings, LLC, a Delaware limited liability company, and
Verde Clean Fuels OpCo, LLC, a Delaware limited liability company (&ldquo;<B><U>OpCo</U></B>&rdquo;), and, solely with respect to Section
6.18 therein, the Sponsor, entered into that certain Business Combination Agreement and Plan of Reorganization (as amended, the &ldquo;<B><U>Business
Combination Agreement</U></B>&rdquo;), pursuant to which the parties to the Business Combination Agreement consummated the transactions
described therein (the &ldquo;<B><U>Business Combination</U></B>&rdquo;) on February 15, 2023;</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 connection
with the closing of the Business Combination (the &ldquo;<B><U>Closing</U></B>&rdquo;), the Company, the Sponsor and Bluescape Holdings
entered into that certain Amended and Restated Registration Rights Agreement, dated as of February 15, 2023 (the &ldquo;<B><U>Existing
Registration Rights Agreement</U></B>&rdquo;), which amended and restated the Original Registration Rights Agreement;</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 December
18, 2024, the Company and Cottonmouth entered into that certain Class A Common Stock Purchase Agreement pursuant to which the Company
issued and sold, and Cottonmouth purchased, 12,500,000 shares of Class A Common Stock; and</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 parties
hereto desire to amend and restate the Existing Registration Rights Agreement in order to grant Cottonmouth certain registration rights
with respect to certain securities of the Company, as set forth in this Agreement.</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"></P>

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