0001213900-23-081947 Sample Contracts

MUTUAL TERMINATION AND RELEASE AGREEMENT
Mutual Termination and Release Agreement • November 1st, 2023 • Industrial Tech Acquisitions II, Inc. • Industrial organic chemicals

THIS MUTUAL TERMINATION AND RELEASE AGREEMENT (this “Agreement”), is made and entered into this 31st day of October, 2023 (“Effective Date”), by and among Industrial Tech Acquisitions II, Inc., a Delaware corporation (the “Purchaser”), ITAQ Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of ITAQ (“Merger Sub”), Next Renewable Fuels, Inc., a Delaware corporation (the “Company”), and Industrial Tech Partners II, LLC, a Delaware limited liability company (the “Sponsor” and, together with Purchaser, Merger Sub and the Company, the “Parties” and each, individually, a “Party”). Capitalized terms used but not defined herein shall have the meanings given to them in the Merger Agreement (defined below).

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