Browse EX-10 agreements

INDEMNIFICATION AGREEMENT

NEW ICELAND ARCTIC ACQUISITION CORP.

This Agreement is made and entered into as of October 2, 2026 between New Iceland Arctic Acquisition Corp., a Cayman Islands exempted company (the “Company”), and __________________ as a director of the Company (“Director”).

RECITALS:

A.At the request of the Company, Director will serve as a director of the Company. As such, Director may be subjected to claims, suits or Proceedings (as herein defined);

B.Director has indicated that it is a condition of Director’s acceptance and continuing in such service that, among other things, the Company agrees to indemnify Director against liabilities, expenses and costs incurred in connection with any such claims, suits or proceedings, in accordance with, and to the fullest extent permitted by, the Companies Act (As Revised) of the Cayman Islands; and

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INVESTMENT MANAGEMENT TRUST AGREEMENT

This Investment Management Trust Agreement (this “Agreement”) is made effective as of October 2, 2026 by and between New Iceland Arctic Acquisition Corp., a Cayman Islands exempted company (the “Company”), and Continental Stock Transfer & Trust Company, a New York corporation (the “Trustee”).

WHEREAS, the Company’s registration statement on Form S-1 (File No. 333-[●]) (the “Registration Statement”), including a prospectus (the “Prospectus”) for the initial public offering of the Company’s units (the “Units”), each of which consists of one of the Company’s Class A ordinary shares, par value $0.0001 per share (the “Ordinary Shares”), one redeemable public warrant entitling the holder thereof to purchase one Ordinary Share, and one right to receive one-fourth (1/4) of one Class A ordinary share (such initial public offering hereinafter referred to as the “Offering”), has been declared effective as of the date hereof by the U.S. Securities and Exchange Commission;

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QUANTUM SPACE, LLC

SECOND AMENDED AND RESTATED RIGHT OF FIRST REFUSAL
AND CO-SALE AGREEMENT

EFFECTIVE AS OF JUNE 8, 2026

TABLE OF CONTENTS

1.   Definitions	1
2.   Agreement Among the Company, the Investors and the Key Holders	4
2.1   Right of First Refusal	4
2.2   Right of Co-Sale	5
2.3   Effect of Failure to Comply	6
3.   Exempt Transfers	6

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LEASE

between

IBX 801 THOMPSON REALTY, LLC, Landlord

and

QUANTUM SPACE, LLC, Tenant

January 1, 2022

TABLE OF CONTENTS

		Page
Introduction		1
ARTICLE I - PREMISES AND TERM

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QUANTUM SPACE, INC.

FORM OF NON-EMPLOYEE DIRECTOR COMPENSATION POLICY

Each member of the Board of Directors (the “Board”) of Quantum Space, Inc. (the “Company”) who is a non-employee director of the Company (each a “Non-Employee Director”) will receive the compensation described in this Non-Employee Director Compensation Policy (this “Policy”) for their Board service. This Policy may be amended, modified, or terminated at any time in the sole discretion of the Board or the Compensation Committee of the Board (the “Compensation Committee”).

A Non-Employee Director may decline all or any portion of their compensation under this Policy by delivering written notice of such election to the Company prior to the date the applicable cash compensation is to be paid or equity award is to be granted.

	1.	Cash Compensation

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	Quantum Space 801 Thompson Avenue Rockville, MD 20852

April 3, 2026

James Bridenstine

Dear James,

On behalf of Quantum Space, LLC (“Quantum Space”), I am pleased to offer you the position of Chief Executive Officer. This offer is subject to your acceptance along with board approval for your compensation package.

The following initial terms and conditions apply:

	●	Start date of May 4, 2026, or as mutually agreed upon;

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AMENDED AND RESTATED
PROFITS INTEREST PLAN
OF
QUANTUM SPACE MANAGEMENT, LLC

Quantum Space Management, LLC, a Delaware limited liability company (the “Company”), has adopted this Amended and Restated Profits Interest Plan of Quantum Space Management, LLC, as may be amended from time to time (the “Plan”), as of December 9, 2022 (the “Effective Date”), for the benefit of its eligible employees and other service providers. The purpose of the Plan is to provide such eligible employees and service providers with an opportunity to participate in the Company’s future by offering them an opportunity to acquire an interest in the Company so as to enhance the Company’s ability to attract and retain individuals of exceptional talent to contribute to the sustained progress, growth and profitability of the Company.

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QUANTUM SPACE, INC.

INDEMNIFICATION AGREEMENT

This Indemnification Agreement (this “Agreement”) is dated as of _____ __ , 20__, and is between Quantum Space, Inc., a Delaware corporation (the “Company”), and ______________(“Indemnitee”).

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RECITALS

A. Indemnitee’s service to the Company substantially benefits the Company.

B. Individuals are reluctant to serve as directors or officers of corporations or in certain other capacities unless they are provided with adequate protection through insurance or indemnification against the risks of claims and actions against them arising out of such service.

C. Indemnitee does not regard the protection currently provided by applicable law, the Company’s governing documents and any insurance as adequate under the present circumstances, and Indemnitee may not be willing to serve as a director or officer without additional protection.

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QUANTUM SPACE, LLC

SEVENTH AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT

Effective as of June 8, 2026

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THE LIMITED LIABILITY COMPANY INTERESTS REPRESENTED BY THIS AGREEMENT HAVE BEEN ACQUIRED FOR INVESTMENT AND HAVE NOT BEEN REGISTERED WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (“SECURITIES ACT”), IN RELIANCE UPON ONE OR MORE EXEMPTIONS FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. IN ADDITION, THE ISSUANCE OF SUCH LIMITED LIABILITY COMPANY INTERESTS HAVE NOT BEEN QUALIFIED UNDER ANY STATE SECURITIES LAWS (COLLECTIVELY, THE “STATE ACTS”), IN RELIANCE UPON ONE OR MORE EXEMPTIONS FROM THE REGISTRATION PROVISIONS OF THE STATE ACTS. SUCH LIMITED LIABILITY COMPANY INTERESTS MAY NOT BE SOLD, PLEDGED, OR TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR A VALID EXEMPTION FROM THE REGISTRATION AND PROSPECTUS DELIVERY REQUIREMENTS OF SAID ACT. THE SECURITIES REPRESENTED HEREBY MAY BE TRANSFERRED ONLY IN ACCORDANCE WITH THE TERMS OF AN AGREEMENT BETWEEN THE COMPANY AND THE MEMBER, A COPY OF WHI

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Quantum Space, LLC
Amended and Restated

Unit Appreciation Right Plan

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Article I

Purposes

Quantum Space, LLC, a Delaware limited liability company (the “Company”), has adopted this Quantum Space, LLC Amended and Restated Unit Appreciation Right Plan, as may be amended from time to time (the “Plan”), as of December 1, 2023 (the “Effective Date”), for the benefit of its eligible Employees. The purposes of the Plan are to foster and promote the long-term financial success of the Company and the Subsidiaries, and materially increase Member value by (a) motivating superior performance by Participants by means of performance-related incentives; and (b) enabling the Company and the Subsidiaries to attract and retain the services of an outstanding management team upon whose judgment, interest and special effort the successful conduct of its operations is largely dependent.

Article II

Definitions, Etc.

Section 2.01 Certain Definitions. Whenever used herein, the following terms shall have the respective meanings set forth below:

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SECURITIES PURCHASE AGREEMENT

This Securities Purchase Agreement (this “Agreement”) is dated as of June [●], 2026, by and between Quantum Space, LLC, a Delaware limited liability company (the “Company”), and the purchaser identified on the signature pages hereto (including its successors and assigns, the “Purchaser”).

WHEREAS, subject to the terms and conditions set forth in this Agreement and pursuant to Section 4(a)(2) of the Securities Act (as defined below), the Company desires to issue and sell to the Purchaser, and the Purchaser desires to purchase from the Company, securities of the Company as more fully described in this Agreement.

NOW, THEREFORE, IN CONSIDERATION of the mutual covenants contained in this Agreement, and for other good and valuable consideration the receipt and adequacy of which are hereby acknowledged, the Company and the Purchaser agree as follows:

ARTICLE 1

DEFINITIONS

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SUBSCRIPTION AGREEMENT

This SUBSCRIPTION AGREEMENT (this “Subscription Agreement”) is entered into on [●], 2026, by and between IPFX Pubco, Inc., a Delaware corporation (“Pubco”), and the subscriber listed on Schedule I hereto (the “Subscriber”).

WHEREAS, Pubco, Quantum Space, LLC, a Delaware limited liability company (“QS LLC”), Inflection Point Acquisition Corp. VI, a Delaware corporation (formerly a Cayman Islands exempted company) (the “Purchaser”), and IPFX Merger Sub, Inc., a Delaware corporation and direct, wholly owned subsidiary of Pubco (“Merger Sub”), entered into that certain Business Combination Agreement, dated as of June 8, 2026 (as amended, restated, supplemented or otherwise modified from time to time, the “Business Combination Agreement”), pursuant to which the parties consummated a business combination;

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