NON-COMPETITION AND NON-SOLICITATION AGREEMENTNon-Competition and Non-Solicitation Agreement • July 24th, 2024 • AIB Acquisition Corp • Blank checks • New York
THIS NON-COMPETITION AND NON-SOLICITATION AGREEMENT (this “Agreement”) is being executed and delivered as of July 18, 2024, by the undersigned security holder of the Company (as defined below) (the “Subject Party”) in favor of and for the benefit of PS International Group Ltd., an exempted company incorporated with limited liability in the Cayman Islands (“Pubco”), AIB Acquisition Corporation, an exempted company incorporated with limited liability in the Cayman Islands (together with its successors, including the Surviving Entity (as defined in the Business Combination Agreement), “SPAC”), PSI Group Holdings Ltd 利航國際控股有限公司, an exempted company incorporated with limited liability in the Cayman Islands (the “Company”), and each of Pubco’s, SPAC’s and/or the Company’s present and future Affiliates, successors and direct and indirect Subsidiaries (including the Company) (collectively with Pubco, SPAC and the Company, the “Covered Parties”). Any capitalized term used, but not defined in th
SHARE ESCROW AGREEMENTShare Escrow Agreement • July 24th, 2024 • AIB Acquisition Corp • Blank checks
THIS ESCROW AGREEMENT (“Agreement”) is made and entered into as of July 16, 2024, by and among (1) PS International Group Ltd., an exempted company incorporated with limited liability in the Cayman Islands (“Pubco”), (2) AIB LLC, a Delaware limited liability company (the “SPAC Representative”) and (3) Continental Stock Transfer & Trust Company, a New York corporation (“Escrow Agent”).
TERMINATION OF LETTER AGREEMENTTermination of Letter Agreement • July 24th, 2024 • AIB Acquisition Corp • Blank checks
THIS TERMINATION OF LETTER AGREEMENT (this “Termination”) is made and entered into as of July 18, 2024, and shall be effective upon Closing (as defined below), by and among (i) AIB Acquisition Corporation, an exempted company incorporated with limited liability in the Cayman Islands (“SPAC”), (ii) AIB LLC, a Delaware limited liability company (the “Sponsor”), and (iii) the undersigned individuals. Capitalized terms used but not otherwise defined herein shall have the respective meanings assigned to such terms in the Letter Agreement (as defined below) (and if such term is not defined in the Letter Agreement, then in the Business Combination Agreement (as defined below)).
