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- S-4/A Registration of securities issued in business combination transactions
- 4.1 Form of Warrant Agreement Between Alussa Energy Acquisition Corp., Freyr Battery and Continental Stock Transfer & Trust Company
- 5.1 Opinion of Elvinger Hoss Prussen, Societe Anonyme with Respect to the Legality of the Pubco Ordinary Shares
- 5.2 Opinion of Skadden, Arps, Slate, Meagher & Flom LLP with Respect to the Legality of the Pubco Warrants
- 10.6 Employment Agreement Entered into on May 18, 2021 Between Freyr As (In Its Capacity As Norway Sub 2 As, a Subsidiary of Freyr Battery) and Einar Kilde
- 10.7 Employment Agreement Entered into on May 18, 2021 Between Freyr As (In Its Capacity As Norway Sub 2 As, a Subsidiary of Freyr Battery) and Steffen Foreid
- 10.8 Employment Agreement Entered into on May 18, 2021 Between Freyr As (In Its Capacity As Norway Sub 2 As, a Subsidiary of Freyr Battery) and Tove Nilsen Ljungquist
- 10.9 Employment Agreement Entered into on May 18, 2021 Between Freyr As (In Its Capacity As Norway Sub 2 As, a Subsidiary of Freyr Battery) and Ryuta Kawaguchi
- 10.10 Employment Agreement Entered into on May 18, 2021 Between Freyr As (In Its Capacity As Norway Sub 2 As, a Subsidiary of Freyr Battery) and Are Brautaset
- 10.11 Form of Employment Agreement Between Freyr As (In Its Capacity As Norway Sub 2 As, a Subsidiary of Freyr Battery) and Jan Arve Haugan
- 10.12 Employment Agreement Entered into on May 18, 2021 Between Freyr As (In Its Capacity As Norway Sub 2 As, a Subsidiary of Freyr Battery) and Hege Marie Norheim
- 10.13 Employment Agreement Entered into on May 14, 2021 Between Freyr Battery and Gery Bonduelle
- 10.14 Consultancy Agreement Entered into on May 14, 2021 Between Freyr Battery and Peter Matrai
- 10.15 Employment Agreement Entered into on April 15, 2021 Between Freyr As and Kunwoo Lee
- 10.16 Freyr As Incentive Stock Option Plan, Dated November 9, 2019
- 10.17 Option Agreement by and Between Freyr and Edge Global LLC, Dated May 15, 2019
- 10.18 Option Agreement by and Between Freyr and Steffen Foreid, Dated July 24, 2020
- 10.19 Option Agreement by and Between Freyr and Tove Nilsen Ljungquist, Dated September 30, 2020
- 10.20 Option Agreement by and Between Freyr and Jan Arve Haugan, Dated December 31, 2020
- 10.22 Investment Agreement by and Between Freyr As and Sumisho Metalex Corporation, Dated December 4, 2020
- 23.1 Consent of Pricewaterhousecoopers As (with Respect to Freyr As)
- 23.2 Consent of Pricewaterhousecoopers As (with Respect to Freyr Battery)
- 23.3 Consent of Marcum LLP
- 11 Aug 21 EFFECT Notice of effectiveness
- 6 Aug 21 POS AM Prospectus update (post-effective amendment)
- 15 Jun 21 EFFECT Notice of effectiveness
- 14 Jun 21 424B3 Prospectus supplement
- 9 Jun 21 S-4/A Registration of securities issued in business combination transactions (amended)
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27 May 21 S-4/A Registration of securities issued in business combination transactions (amended)
- 7 May 21 S-4/A Registration of securities issued in business combination transactions (amended)
- 26 Mar 21 S-4 Registration of securities issued in business combination transactions
Exhibit 10.20
Private & confidential to
Jan Arve Haugan (the ‘Participant’)
Stock Options
2.500.000 stock options are granted to the Participant on the terms set out in this allocation letter, in the Stock Option policy and in any resolutions decided upon by either the Board of Directors or Annual General Assembly.
The Options will be subscribed by Freyr AS (the ‘Company’) and transferred to the Participant immediately after vesting. The Options are granted without consideration from the Participant other than the relevant Exercise price.
The Participant shall pay the Exercise price for each Option that is exercised. The Exercise Price is determined by the Board of Directors of the Company according to the Stock Option Plan, however, Management will put this stock options award forward to the Board for approval with an Exercise Price for all 3 granting dates equivalent to the volume weighted average share price the thirty days leading up to the date of signing the employment contract.
Grant schedule
Grant date | Options granted | Exercise price | ||
On signing of employment contract | 833 334 | |||
Financial Close 1st commercial plant | 833 334 | |||
| Financial Close 2nd commercial plant | 833 333 | Exercise price based on 30-day weighted trading average prior to employment | |
TOTAL | 2 500 000 | |||
Vesting date | 01.01.2024 | |||
Exercise period | 01.01.24 - 31.12.25 |
Options that have not been exercised by 17:00 hours (CET) on 31.12.25 will lapse without any consideration and may not be exercised by the Participant.
Date: 31.12.2020 | Date: 31.12.20 | ||
/s/ Tom Jensen | /s/ Jan Arve Haugan | 08/01/2021 | |
Chief Executive Officer | Jan Arve Haugan | ||
Freyr AS | Participant |