WAIVER AND FORBEARANCE AGREEMENTWaiver and Forbearance Agreement • August 31st, 2023 • Tingo Group, Inc. • Food and kindred products • Delaware
This WAIVER AND FORBEARANCE AGREEMENT (this “Agreement”) is given and entered into as of July 5, 2023, by and between Tingo Group, Inc. (f/k/a MICT, Inc.), a Delaware corporation, (the “Company”), and Agri-Fintech Holdings, Inc. (f/k/a Tingo Inc.), a Nevada corporation (the “Holder”), as applicable. Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to such terms in that certain Certificate of Designation of Preferences, Rights and Limitations of Series B Preferred Stock filed by the Company with the Secretary of State of the State of Delaware on November 30, 2022 (the “Series B Certificate of Designations”).
