SETTLEMENT AGREEMENT AND RELEASESettlement Agreement and Release • August 15th, 2023 • Lordstown Motors Corp. • Motor vehicles & passenger car bodies • Delaware
THIS SETTLEMENT AGREEMENT AND RELEASE (including all Exhibits, this “Agreement”) is made and entered into as of August 14, 2023, by and among Lordstown Motors Corp. (“LMC”), Lordstown EV Corporation and Lordstown EV Sales LLC (collectively, the “Debtors”), and Karma Automotive LLC (“Karma”). The Debtors and Karma are individually referred to herein as a “Party” and collectively as the “Parties.”
