SUBSCRIPTION AGREEMENTSubscription Agreement • July 10th, 2020 • Kaixin Auto Holdings • Retail-auto dealers & gasoline stations • New York
Contract Type FiledJuly 10th, 2020 Company Industry JurisdictionWHEREAS, the Company issued an interest-free promissory note dated as of April 9, 2018 to the Subscriber in the principal amount of US$500,000 (“Note I”), the full amount of which is outstanding as of the date hereof.