Heads of AgreementHeads of Agreement • September 26th, 2022 • FF Top Holding LLC • Motor vehicles & passenger car bodies • Delaware
Faraday Future Intelligent Electric Inc. (“FFIE”), FF Global Partners LLC (“FF Global Partners”) and FF Top Holding LLC (“FF Top”), by their execution and delivery of this Heads of Agreement (this “Heads of Agreement” or “Agreement”), intending to be legally bound, hereby agree as follows effective as of September 23, 2022 (the “Effective Date”).
TO: Faraday Future Intelligent Electric Inc.FF Top Holding LLC • September 26th, 2022 • Motor vehicles & passenger car bodies • Delaware
This letter agreement is by and between FF Top Holding LLC ("FF Top") and Faraday Future Intelligent Electric Inc. (“Faraday” or the “Company”).
MUTUAL RELEASEMutual Release • September 26th, 2022 • FF Top Holding LLC • Motor vehicles & passenger car bodies
This MUTUAL RELEASE (this “Release”) is entered into as of September [23], 2022, by and between (i) FF Global Partners, LLC, a Delaware limited liability company (“FFGP”), (ii) the entities listed on Schedule 1 hereto (the “FFGP Controlled Affiliates”), (iii) the individuals listed on Schedule 2 hereto, in their capacities as executive committee members of FFGP (the “Executive Committee Members”), (iv) FF Top Holding LLC, a Delaware limited liability company (“FF Top” and, together with FFGP, the FFGP Controlled Affiliates and the Executive Committee Members, the “FFGP Parties”), (v) Faraday Future Intelligent Electric, Inc., a Delaware corporation (“FFIE”), (vi) the entities listed on Schedule 3 hereto (the “FFIE Controlled Affiliates” and, together with FFIE, the “FFIE Parties” and, together with the FFGP Parties, the “Non-Director Parties”) and (vii) the individuals listed on Schedule 4 hereto (each, a “Director” and the Directors, together with the Non-Director Parties, the “Partie
