MUTUAL TERMINATION AGREEMENTMutual Termination Agreement • November 7th, 2024 • New Horizon Aircraft Ltd. • Aircraft • New York
THIS MUTUAL TERMINATION AGREEMENT (this “Agreement”), dated as of November 1, 2024 (the “Effective Date”), is entered into by and among (i) Meteora Capital Partners, LP (“MCP”), (ii) Meteora Select Trading Opportunities Master, LP (“MSTO”), (iii) Meteora Strategic Capital, LLC (“MSC”) (with MCP, MSTO and MSC collectively as “Seller”), and (iv) New Horizon Aircraft Ltd. d/b/a Horizon Aircraft, a British Columbia company formerly known as Pono Capital Three, Inc.; a Cayman Islands exempted company (the “Company”). Each of the Company and Seller is referred to individually herein as a “Party” and collectively as the “Parties”.
