• The Interested Party:

  • Exhibit A - Product & Discount Schedule

  • Green4U Technologies, Inc. (the “Company”), a corporation duly organized and existing under the laws of the State of Delaware in the United States of America, with its offices and manufacturing facilities at 1394 Broadway Avenue, Braselton, Georgia 30517.

    A. The Company is developing the Electric Vehicle (“EV”) product(s) listed in the “Product and Discount Schedule” included as Exhibit A to this Expression of Interest (“EOI”). Hereafter, a single EV model is referred to as the “Product” and multiple EV models are referred to as “Products”. Specifications for each Product can be found on www.green4u.com.

    B. By completing this EOI, the Interested Party expresses an interest in obtaining additional information; scheduling a demonstration; and exploring the purchase of the Product or Product(s), as the case may be, in the quantities indicated in the column titled: “Number of Units Requested” in Exhibit A.

    C. The Interested Party will be informed as to the final Purchase Price (the “Purchase Price”) and expected delivery date (the “Delivery Date”) of such Product or Products at a later date, and, by completing this EOI, may qualify for discounts to the Purchase Price as specified in the “Procedure” section included as Exhibit B.

    D. This EOI does not constitute a binding agreement or a sales or purchase obligation and is merely meant to outline the procedure for completing a possible purchase of the Product or Products by the Interested Party at a later date.

    Exhibit A

    Product and Discount Schedule
    Product Expected Delivery Date Purchase Price Serial Numbers With 5% Discount Serial Numbers With 2.5% Discount 
    Surge Q2 2018 $13,950 SN 1 to 100 SN 101 to 200 
    ENOVA-6 Six Door SUV Q4 2018 $69,900 SN 1 to 100 SN 101 to 200 
    MTU-6 Six Door Utility SUV Q4 2018 $74,500 SN 1 to 100 SN 101 to 200 
    Cargo / 14-Seat Passenger Van Q4 2018 TBD* SN 1 to 100 SN 101 to 200 
    14 Passenger City Bus Q4 2018 TBD* SN 1 to 100 SN 101 to 200 
    32 Passenger City Bus Q4 2018 TBD* SN 1 to 100 SN 101 to 200 
    36 Passenger City Bus Q4 2018 TBD* SN 1 to 100 SN 101 to 200 
    42 Passenger City Bus Q4 2018 TBD* SN 1 to 100 SN 101 to 200 
    85 Passenger City Bus Q4 2018 TBD* SN 1 to 100 SN 101 to 200 
    14 Seat Touring Bus Q4 2018 TBD* SN 1 to 100 SN 101 to 200 
    32 Seat Touring Bus Q4 2018 TBD* SN 1 to 100 SN 101 to 200 
    *The Purchase Price is dependent on a number of factors, including range requirements; kWhs of battery capacity; whether the vehicle is two-wheel or four-wheel drive; interior specifications and the inclusion of other features. After discussion of the Interested Party’s requirements, Green4U will provide the Interested Party with a written Purchase Price quotation, including an expected Delivery Date.
  • Number of Units Requested

    Please indicate below the number of units requested for each model.
  • Exhibit B - Procedure

  • Procedure:

    1. EOI Benefits

    1.1. Execution of the EOI entitles the Interested Party to the following Benefits:
    • The assignment of a provisional Serial Number for each unit requested in Exhibit A, based upon the execution date of the EOI;
    • Priority in scheduling a demonstration of the Product or Products for which the Interested Party has expressed an interest.
    • Priority in placing orders for the Product(s) through the execution of a Purchase Order (“PO”) and the payment of a deposit once a final Purchase Price and Delivery Date for the Product(s) have been agreed.
    • A 5% discount to Interested Parties of the first 100 units of the Products;
    • A 2.5% discount to Interested Parties of the second 100 units of the Products;
    1.2 Once a Purchase Price and a Delivery Date are agreed, the Interested Party may place an order by executing a PO and making a deposit equal to 5% of the Manufacturer Price of each unit of each Product so ordered. Once a PO is executed and a deposit for a Product(s) is made, a final Serial Number will be assigned by the Company based upon the order in which customers have made deposits. 1.3 The above-mentioned Benefits will be confirmed by the Company through the issuance of the following notifications by e-mail to the Interested Party:
    • First Notification: Confirms the execution of the EOI; issues a provisional Serial Number and confirms the discount rate based on the provisional Serial Number.
    • Second Notification: Specifies a Purchase Price and Delivery Date and invites the Interested Party to place an order through the payment of the deposit.
    • Third Notification: Confirms the payment of the deposit; issues a final Serial Number; and confirms the discount rate.

    2. Term

    2.1. Unless expressly agreed otherwise, this EOI shall automatically expire on a date that is 12 months from the date on which the EOI is executed. 2.2. The Interested Party or the Company may terminate this EOI at any time upon written notice to the other Party.

    3. No Legal Effect

    3.1 Green4U and the Interested Party agree that execution of this EOI does not:
    • constitute an agreement by the Interested Party to purchase a Product(s).
    • create any legally binding obligations or liabilities on the part of the Interested Party or the Company.