MONTANA TECHNOLOGIES LLCInvestment Agreement • January 10th, 2024 • Power & Digital Infrastructure Acquisition II Corp. • Air-cond & warm air heatg equip & comm & indl refrig equip
This letter agreement (“Agreement”) is being entered into in connection with an aggregate investment of $10,000,003.50 by Carrier Corporation (together with its affiliates and subsidiaries, “Carrier”) in Montana Technologies LLC, a Delaware limited liability company (the “Company”), through the purchase of Class B common units of the Company (“Class B Common Units”) pursuant to that certain Common Unit Subscription Agreement, dated as of January 7, 2024, among the Company and Carrier Corporation (as amended, restated, supplemented or otherwise modified from time to time in accordance with the terms thereof, the “Subscription Agreement”). Capitalized terms used but not otherwise defined herein shall have the meaning(s) set forth in the Fourth Amended and Restated Operating Agreement of Montana Technologies LLC, dated as of September 29, 2023 (the “Operating Agreement”).
