SEC Contract Filing

Filing Date: 2024-07-12

Document Content:
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<TYPE>EX-10.3
<SEQUENCE>5
<FILENAME>ex10-3.htm
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: right">&nbsp;</P>

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

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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><I>Execution
Version</I></B></FONT></P>

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<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"><B><U>FORM
OF LOCK-UP AGREEMENT</U></B></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"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">THIS
LOCK-UP AGREEMENT (this &ldquo;<B><I>Agreement</I></B>&rdquo;), dated as of [&#9679;], 2024 (the &ldquo;<B><I>Effective Date</I></B>&rdquo;),
is made and entered into by and among Global Partner Acquisition Corp II, a Delaware corporation (to be renamed &ldquo;Stardust Power
Inc.&rdquo; upon Closing (as defined below), the &ldquo;<B><I>Company</I></B>&rdquo;), and the Persons set forth on <U>Schedule I</U>
to this Agreement (such Persons, together with any Person who becomes a party to this Agreement pursuant to <U>Section 2</U> or <U>Section
8</U> of this Agreement the &ldquo;<B><I>Securityholders</I></B>&rdquo; and each, a &ldquo;<B><I>Securityholder</I></B>&rdquo;). Capitalized
terms used but not defined in this Agreement shall have the meanings given to such terms in the Business Combination Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.25in"><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: 0pt; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
the Company is party to the Business Combination Agreement, dated as of November 21, 2023 (as the same may be amended, restated, amended
and restated, supplemented or otherwise modified from time to time, the &ldquo;<B><I>Business Combination Agreement</I></B>&rdquo;),
by and among the Stardust Power Inc., a Delaware corporation (&ldquo;<B><I>Stardust Power</I></B>&rdquo;), Strike Merger Sub I, Inc.
and Strike Merger Sub II, LLC, pursuant to which the Company and Stardust Power consummated a business combination (the &ldquo;<B><I>Business
Combination</I></B>&rdquo;);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.25in"><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: 0pt; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
following the consummation of the Business Combination, each Securityholder owns equity interests in the Company; and</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
in connection with the Business Combination, the parties to this Agreement wish to set forth certain understandings between such parties
with respect to restrictions on transfers of equity interests in the Company.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NOW,
THEREFORE</B>, the parties to this Agreement agree as follows:</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.
<I>Transfer Restrictions</I>. During the Lock-Up Period, subject to the exceptions set forth in this Agreement, without the prior written
consent of the board of directors of the Company, each Securityholder agrees not to: (i) sell, offer to sell, contract or agree to sell,
hypothecate or pledge, grant any option to purchase or otherwise dispose of or agree to dispose of, directly or indirectly, or establish
or increase a put equivalent position or liquidate or decrease a call equivalent position wi