Exhibit 10.1
NON-REDEMPTION AGREEMENT AND ASSIGNMENT OF ECONOMIC INTEREST
This Non-Redemption Agreement and Assignment of Economic Interest (this Agreement)
is entered as of October [], 2023 by and among Crixus BH3 Acquisition Company (BHAC), Focus Impact BHAC Sponsor, LLC, a Delaware limited liability company (the Sponsor), Crixus BH3 Sponsor LLC (the
Current Sponsor) and the undersigned investors (collectively, the Investor).
RECITALS
WHEREAS, the Current Sponsor currently holds shares of BHAC Class B common stock, par value $0.0001 per share, initially purchased
in a private placement prior to BHACs initial public offering (the Founder Shares);
WHEREAS, BHAC expects
to hold a special meeting of stockholders (the Meeting) for the purpose of approving, among other things, an amendment to BHACs Amended and Restated Certificate of Incorporation (as amended on December 7, 2022, the
COI) to extend the date by which BHAC must consummate an initial business combination (the Initial Business Combination) until July 31, 2024 (the Extension);
WHEREAS, on September 27, 2023, the Current Sponsor and the Sponsor entered into a purchase agreement (the Purchase
Agreement), pursuant to which, subject to closing conditions, the Sponsor has agreed to purchase an aggregate of 3,746,303 Founder Shares from the Current Sponsor and each of its anchor investors of BHAC;
WHEREAS, the COI provides that a stockholder of BHAC may redeem its shares of Class A common stock, par value $0.0001
per share, initially sold as part of the units in BHACs initial public offering (whether they were purchased in our initial public offering or thereafter in the open market) (the Public Shares and together with the Founder
Shares, the Common Stock) in connection with the COI amendment, on the terms set forth in the COI (Redemption Rights);
WHEREAS, subject to the terms and conditions of this Agreement, the Sponsor desires to transfer to Investor, and Investor desires to
acquire from the Sponsor, that number of Founder Shares set forth opposite such Investors name on Exhibit A (the Assigned Securities), to be transferred to Investor in connection with BHACs completion of its
Initial Business Combination, and, prior to the transfer of the Assigned Securities to Investor, the Sponsor desires to assign the economic benefits of the Assigned Securities to Investor.