ASSIGNMENT AND ASSUMPTION AGREEMENTAssignment and Assumption Agreement • May 6th, 2021 • Northern Genesis Acquisition Corp. • Blank checks • New York
Contract Type FiledMay 6th, 2021 Company Industry JurisdictionTHIS ASSIGNMENT AND ASSUMPTION AGREEMENT (the “Agreement”) is entered into and effective as of May 6, 2021, by and among Northern Genesis Acquisition Corp., a Delaware corporation (“NGA”), The Lion Electric Company, a corporation existing under the Business Corporations Act (Québec) (“Lion”), Continental Stock Transfer & Trust Company, a New York corporation (“Continental”), and American Stock Transfer & Trust Company, a New York corporation (“AST”). Capitalized terms used but not defined herein have the meanings given to such terms in the Warrant Agreement (as defined below).