Community Economic Development Agreement Sample Contracts

§ 143B-437.57. Community economic development agreement.
Community Economic Development Agreement • February 13th, 2022
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VINFAST MANUFACTURING US, LLC COMMUNITY ECONOMIC DEVELOPMENT AGREEMENT GRANT NO. 2022-04
Community Economic Development Agreement • June 15th, 2023 • VinFast Auto Pte. Ltd. • Motor vehicles & passenger car bodies • North Carolina

This Community Economic Development Agreement (this “Agreement”) between and among the Economic Investment Committee of the State of North Carolina (the “EIC”), VinFast Manufacturing US, LLC (the “Company”), VinFast Trading and Production JSC, VinFast Trading & Investment PTE. LTD. and VinES Energy Solutions JSC (each individually a “Related Member Party” and collectively the “Related Member Parties”), and Vingroup Joint Stock Company] (the “Guarantor”), is hereby made effective as of the 29th day of March, 2022 (the “Effective Date”) and shall remain in effect through December 31, 2071 unless this grant is terminated pursuant to the provisions of Article V, in which case this Agreement shall remain in effect for 150% of the Grant Term, as that term is defined below (such period of time running from the Effective Date to the applicable end date set forth above shall constitute the “Agreement Term”). Capitalized terms used herein have the meanings set forth in Article I.

§ 143B-437.51. Definitions.
Community Economic Development Agreement • January 8th, 2021
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