ESS Tech(GWH) - 2025 Q2 - Quarterly Results

Exhibit 10.1 Execution Version STANDBY EQUITY PURCHASE AGREEMENT THIS STANDBY EQUITY PURCHASE AGREEMENT (this "Agreement") dated as of July 9, 2025, is made by and between YA II PN, LTD., a Cayman Islands exempt limited company (the "Investor"), and ESS TECH, INC., a company incorporated under the laws of the State of Delaware (the "Company"). The Investor and the Company may be referred to herein individually as a "Party" and collectively as the "Parties." WHEREAS, the Parties desire that, upon the terms a ...