AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • February 15th, 2022 • Blackstone Products, Inc. • New York
THIS AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is entered into as of December 22, 2021, by and among Blackstone Products, Inc., a Delaware corporation (the “Company”), Ackrell SPAC Partners I Co., a Delaware corporation (“SPAC”), Ackrell SPAC Sponsors I LLC, a Delaware limited liability company (“Sponsor”), EarlyBirdCapital, Inc. a Delaware corporation (“EBC”), William A. Lamkin (“Lamkin”) and Daniel L. Sheehan (“Sheehan,” and collectively, with Sponsor, EBC, Lamkin, the “Initial Investors”) and the undersigned parties listed under Holders on the signature page hereto (each such party, together with the Initial Investors and any person or entity who hereafter becomes a party to or bound by this Agreement pursuant to Section 6.2 hereof “Holder” and collectively, the “Holders”).
Ackrell SPAC Partners I Co. Claymont, DE 19703 EarlyBirdCapital, Inc. New York, NY 10017Letter Agreement • May 17th, 2022 • Blackstone Products, Inc. • Household appliances • New York
This letter is being delivered to you in accordance with the Underwriting Agreement (the “Underwriting Agreement”) entered into by and between Ackrell SPAC Partners I Co., a Delaware corporation (the “Company”), and EarlyBirdCapital, Inc. as representative (the “Representative”) of the several Underwriters named in Schedule I thereto (the “Underwriters”), relating to an underwritten initial public offering (the “IPO”) of the Company’s units (the “Units”), each comprised of one subunit (the “Subunits”) and one-half of a warrant. Each Subunit consists of one share of the Company’s common stock, par value $0.0001 per share (the “Common Stock”)and one-half of a warrant, each whole warrant exercisable for one share of Common Stock (each, a “Warrant”). Certain capitalized terms used herein are defined in paragraph 13 hereof.
STOCKHOLDER SUPPORT AGREEMENTStockholder Support Agreement • February 15th, 2022 • Blackstone Products, Inc. • Delaware
This Stockholder Support Agreement (this “Agreement”), dated as of December 22, 2021, is entered into by and among Ackrell SPAC Partners I Co., a Delaware corporation (“Ackrell”), North Atlantic Imports, LLC, a Utah limited liability company (the “Company”), and Ackrell SPAC Sponsors I LLC, a Delaware limited liability company (the “Stockholder”). Capitalized terms used but not otherwise defined in this Agreement shall have the meanings ascribed to them in the Business Combination Agreement (as defined below).
LOCK-UP AGREEMENTLock-Up Agreement • February 15th, 2022 • Blackstone Products, Inc. • Delaware
This Lock-Up Agreement is dated as of December 22, 2021 and is by and among Blackstone Products, Inc., a Delaware corporation (the “Company”), and each of the stockholder parties identified on Exhibit A hereto and the other Persons who enter into a joinder to this Agreement substantially in the form of Exhibit B hereto with the Company in order to become a “Stockholder Party” for purposes of this Agreement (collectively, the “Stockholder Parties”).
TRANSFEROR AGREEMENTTransferor Agreement • February 15th, 2022 • Blackstone Products, Inc. • Delaware
This TRANSFEROR AGREEMENT (this “Agreement”) is entered into this 22nd day of December 2021, by and among Blackstone Products, Inc., a Delaware corporation (the “Issuer”), on the one hand, and Roger Dahle, an individual residing in Utah (“Dahle”), North Atlantic Imports Inc., a business company formed under the laws of the British Virgin Islands (“NAI”), and Ackrell SPAC Sponsors I LLC, a Delaware limited liability company (“Sponsor” and together with Dahle and NAI, the “Transferors”), on the other hand. Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed thereto in the Business Combination Agreement (as defined below).
Manufacturing Supply AgreementManufacturing Supply Agreement • April 13th, 2022 • Blackstone Products, Inc. • Household appliances • Hong Kong
THIS MANUFACTURING SUPPLY AGREEMENT (“Agreement”) is made and entered into as of September 9, 2021, by and between Fugang Technology Inc. (Fujian), (“Seller”), and North Atlantic Imports, LLC dba Blackstone Products, a Utah limited liability company (“Buyer”).
