SETTLEMENT DEEDSettlement Deed • May 12th, 2023 • Electrameccanica Vehicles Corp. • Motor vehicles & passenger car bodies
This Settlement Deed (the “Settlement Deed”) is entered into effective as of the 4th day of May, 2023 (the “Effective Date”) , between ElectraMeccanica Vehicles Corp., with an address for notice and delivery located at 8057 North Fraser Way, Burnaby, British Columbia, Canada, V5J 5M8 (“ElectraMeccanica”), and Chongqing Zongshen Automobile Industry Co., Ltd. , with an address for notice and delivery located at Zongshen Industrial Zone, Chaoyouchang, Banan District 400054, Chongqing, China (“Zongshen”). ElectraMeccanica and Zongshen are herein collectively referred to as the “Parties” and each one as a “Party” for themselves, and on behalf of and for each of their respective past, present and future officers, directors, employees, agents, predecessors, successors and assigns.
