SETTLEMENT AGREEMENT AND RELEASESettlement Agreement and Release • June 6th, 2024 • Mullen Automotive Inc. • Motor vehicles & passenger car bodies • California
Contract Type FiledJune 6th, 2024 Company Industry JurisdictionThis SETTLEMENT AGREEMENT AND RELEASE (this “Agreement”) is entered into as of this 31st day of May, 2024 (the “Effective Date”), by and among Ault Lending, LLC (the “Investor”) and Mullen Automotive Inc., a Delaware corporation (the “Company” and together with the Purchaser, the “Parties”).