CONTRACT OF LEASE-PURCHASE between SOUTH CHARLESTON DEVELOPMENT AUTHORITY as Lessor/Seller and GREENPOWER MANUFACTURING WV INC as Lessee/Purchaser Dated as of May 2, 2022 Effective August 1, 2022Contract of Lease-Purchase • May 6th, 2024 • GREENPOWER MOTOR Co INC. • Truck & bus bodies • West Virginia
THIS CONTRACT OF LEASE-PURCHASE (this "Lease"), dated as of April ____, 2022, effective August 1, 2022 ("Effective Date"), is by and between the SOUTH CHARLESTON DEVELOPMENT AUTHORITY, a municipal development authority created by the City of South Charleston, a political subdivision of the State of West Virginia (the "Lessor" or the "Seller"), and GREENPOWER MANUFACTURING WV INC (the "Lessee" or the "Purchaser"), a West Virginia corporation and wholly owned subsidiary of GreenPower Motor Company, Inc. ("GreenPower Motor"), as lessee.
