INDEMNIFICATION AGREEMENTIndemnification Agreement • July 21st, 2023 • Growth for Good Acquisition Corp • Motor vehicle parts & accessories • Delaware
THIS INDEMNIFICATION AGREEMENT (this “Agreement”) is made as of , 2023 by and between ZeroNox Holdings, Inc., a corporation incorporated and existing under the laws of Delaware (the “Company”), and (the “Indemnitee”).
ZERO NOX, INC. CONVERTIBLE PROMISSORY NOTEConvertible Note • July 21st, 2023 • Growth for Good Acquisition Corp • Motor vehicle parts & accessories • California
Subject to the terms and conditions of this Note, for value received, Zero Nox, Inc., a Wyoming corporation (the “Company”), with chief executive offices at 1343 S. Main Street, Porterville, CA 93257, hereby promises to pay to the order of Premier Trailer Manufacturing Inc. (“Holder”), at 30517 Ivy Rd., Visalia, CA 93291, the principal sum of Five Million Dollars ($5,000,000), or such lesser amount as shall then equal the outstanding principal amount hereunder, together with interest accrued on the unpaid principal amount at the Applicable Rate (as defined below). Interest shall begin to accrue as set forth below and shall continue to accrue on the outstanding principal until the entire Balance is paid (or converted, as provided in Section 3), and shall be computed based on the actual number of days elapsed and on a year of 365 days.
