Conversion & Mutual Release Agreement Sample Contracts

CONVERSION & MUTUAL RELEASE AGREEMENT

Conversion & Mutual Release Agreement • October 24th, 2024 • ScanTech AI Systems Inc. • Instruments for meas & testing of electricity & elec signals • Delaware

• Contract Type
  Conversion & Mutual Release Agreement
• Filed
  October 24th, 2024
• Company
  ScanTech AI Systems Inc.
• Industry
  Instruments for meas & testing of electricity & elec signals
• Jurisdiction
  Delaware

This CONVERSION AND MUTUAL RELEASE AGREEMENT (this “Agreement”), dated 20 September 2024 (the “Effective Date”), is made and entered into by and between SCANTECH IDENTIFICATION BEAM SYSTEMS LLC, a Delaware limited liability company (“ScanTech”), CATALYTIC HOLDINGS I LLC, a Delaware limited liability company (hereinafter “Catalytic”), and SCANTECH AI SYSTEMS INC., a Delaware corporation (together with its successors, “Pubco”). ScanTech, Catalytic, and Pubco are collectively referred to as the “Parties.”