LOAN AND TRANSFER AGREEMENTLoan and Transfer Agreement • November 7th, 2023 • Kernel Group Holdings, Inc. • Blank checks • Delaware
THIS LOAN AND TRANSFER AGREEMENT (this “Agreement”) is made and entered into effectively as of November 1, 2023 (the “Effective Date”), by, between and among (the “Lender”), Kernel Group Holdings, Inc., a Cayman Island exempted company (“SPAC”) and VKSS Capital, LLC, a Delaware limited liability company (“Sponsor” or “Borrower”). Lender, SPAC and Sponsor are referred to in this Agreement individually as a “Party” and collectively as the “Parties.”
