AGREEMENT IN PRINCIPLEAgreement in Principle • October 1st, 2021 • Lordstown Motors Corp. • Motor vehicles & passenger car bodies • Delaware
THIS AGREEMENT IN PRINCIPLE, dated as of September 30, 2021 (this “Agreement”), is among Foxconn Asset Management LLC, a California limited liability company (“Buyer”), and Lordstown EV Corporation, a Delaware corporation (“LEVC”), and solely for purposes of Section 3, Section 9, Section 10, Section 13 and Section 17, Lordstown Motors Corp., a Delaware corporation (“LMC”). Buyer and LEVC collectively are referred to as the “Parties” and each is referred to as a “Party”.
