SEPARATION AND DISTRIBUTION AGREEMENT by and between SAFE & GREEN HOLDINGS CORP. and SAFE AND GREEN DEVELOPMENT CORPORATION Dated as of September 26, 2023Separation and Distribution Agreement • September 28th, 2023 • Safe & Green Holdings Corp. • Wholesale-lumber & other construction materials • Delaware
THIS SEPARATION AND DISTRIBUTION AGREEMENT (this “Agreement”), is entered into as of, September 26, 2023, by and between Safe & Green Holdings Corp., a Delaware corporation (“SG Holdings”), and Safe and Green Development Corporation, a Delaware corporation and a wholly owned subsidiary of SG Holdings (“SG DevCo”) (each a “Party” and together, the “Parties”).
