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Retention Bonus and Release Sample Contracts

African Agriculture, Inc.
Retention Bonus and Release • November 30th, 2023 • 10X Capital Venture Acquisition Corp. II • Agricultural production-crops

As you know, you and African Agriculture, Inc. (the “Company”) previously entered into that certain Transaction Bonus and Release letter agreement, dated November 1, 2022 (the “Prior Agreement”) and, except as otherwise expressly set forth herein, you and the Company desire to terminate the Prior Agreement and enter into this letter agreement in lieu thereof. Accordingly, in recognition of the important contributions you are making to the Company, the Company is pleased to offer you the following bonus opportunity set forth herein.

Standard Contracts

African Agriculture, Inc.
Retention Bonus and Release • November 30th, 2023 • 10X Capital Venture Acquisition Corp. II • Agricultural production-crops

As you know, African Discovery Group, Inc. (“ADG”) and African Agriculture, Inc. (the “Company”) previously entered into that certain Transaction Bonus and Release letter agreement, dated November 1, 2022 (the “Prior Agreement”) and, except as otherwise expressly set forth herein, ADG and the Company desire to terminate the Prior Agreement and enter into this letter agreement in lieu thereof. Accordingly, in recognition of the important contributions ADG is making to the Company, the Company is pleased to offer ADG the following bonus opportunity set forth herein.