Lock-Up Release Agreement Sample Contracts

Redactions with respect to certain portions hereof denoted with “***” LOCK-UP RELEASE AGREEMENT

Lock-Up Release Agreement • February 2nd, 2024 • Zoomcar Holdings, Inc. • Services-auto rental & leasing (no drivers) • New York

• Contract Type
  Lock-Up Release Agreement
• Filed
  February 2nd, 2024
• Company
  Zoomcar Holdings, Inc.
• Industry
  Services-auto rental & leasing (no drivers)
• Jurisdiction
  New York

This LOCK-UP RELEASE AGREEMENT (this “Agreement”), dated as of February 1, 2024, is made by and among Zoomcar Holdings, Inc., a Delaware corporation (the “Company”), ASJC Global LLC – Series 24 (“ASJC”), and Cohen Sponsor LLC – A24 RS (“Sponsor Investor”, and together with ASJC, the “Investors”). The Company and the Investors shall be referred to herein collectively as the “Parties” and individually as a “Party”. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Letter Agreement (as defined below).