Browse EX-10 agreements

AIRLimited

RULES OF THE AIR

EMPLOYEESHAREPLAN2021

Directors’adoption:29July2021

Amendedon14December2021and26January2022

SLAUGHTERANDMAY

One Bunhill Row LondonEC1Y8YY

Ref:PRL/AZUM

571931075

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TableofContents

Contents		Page
1.	Grant of Awards	6
2.	Limits	8

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AIR Limited

RULES OF THE AIR

MANAGEMENT INCENTIVE PLAN

Adoption date: May 2024

Amended: September 2025

SLAUGHTER AND MAY

One Bunhill Row

London EC1Y 8YY

Ref: PRL/AZUM

584697409

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Table of Contents

Contents		Page
1.	Grant of Awards	5
2.	Types of Awards	8
3.	Vesting of Awards	8
4.	Consequences of Vesting of Awards	10
5.	Recovery of Awards	12

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	Confidential

Executive Employment Agreement

	1.	Parties to the Agreement

This executive employment agreement (Agreement) has been entered into between the following parties:

(1) Spinnova Oyj (Company), business ID ***. Address: Palokärjentie 2-4, 40320 Jyväskylä.

(2) Johanna Valkama (***), address: *** (hereinafter the “Executive”)

(The Company and the Executive hereinafter jointly the “Parties” and separately a “Party”)

	1.	Employment Relationship

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	Confidential

Executive Agreement

	1.	Parties to the Agreement

This executive agreement (Agreement) has been entered into between the following parties:

(1) Spinnova Oyj (Company), business ID ***, address: Palokärjentie 2-4, 40320 Jyväskylä.

(2) Mikko Lassila (***), address: *** (hereinafter the “Executive”)

(The Company and the Executive hereinafter jointly the “Parties” and separately a “Party”)

	1.	Employment Relationship

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CERTAIN INFORMATION HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS BOTH NOT MATERIAL AND IS CONFIDENTIAL AND PRIVATE AND WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF DISCLOSED.

[***] INDICATES THAT INFORMATION HAS BEEN REDACTED.

EXECUTION COPY

JOINT VENTURE AGREEMENT

** **

by and between

** **

KT Trading AG

** **

and

** **

Spinnova Oy

** **

relating to

** **

Respin Oy

** **

5 November 2020

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** **

CONTENTS

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MANAGING DIRECTOR AGREEMENT

	1	PARTIES

	1.1	Company:

Spinnova Oyj

Business ID: ***

Address: Palokärjentie 2-4, 40320 Jyväskylä

	1.2	Managing Director (“Managing Director”):

Poranen, Janne Tapani

Personal ID: ***

Address: ***

	2	BACKGROUND AND PURPOSE

	2.1	Purpose

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CERTAIN INFORMATION HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS BOTH NOT MATERIAL AND IS CONFIDENTIAL AND PRIVATE AND WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF DISCLOSED.

[***] INDICATES THAT INFORMATION HAS BEEN REDACTED.

LICENSE AGREEMENT

** **

by and among
Spinnova Oy,
ECCO Sko A/S
and

** **

Respin Oy

** **

November 5, 2020

LICENSE AGREEMENT

** **

**THIS LICENSE AGREEMENT **(the Agreement) is entered into on November 5, 2020, by and between

** **

	2.	Spinnova Oy, a limited liability company incorporated and existing under the laws of Finland (***) (Spinnova);

** **

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	Confidential

Executive Employment Agreement

	1.	Parties to the Agreement

This executive employment agreement (Agreement) has been entered into between the following parties:

(1) Spinnova Oyj (Company), business ID ***. Address: Palokärjentie 2-4, 40320 Jyväskylä.

(2) Juha Salmela (***), address: *** (hereinafter the “Executive”)

(The Company and the Executive hereinafter jointly the “Parties” and separately a “Party”)

	1.	Employment Relationship

…

	Confidential

Executive Agreement

	1.	Parties to the Agreement

This executive agreement (Agreement) has been entered into between the following parties:

(1) Spinnova Oyj (Company), business ID ***. Address: Palokärjentie 2-4, 40320 Jyväskylä.

(2) Santeri Heinonen (***), address: *** (hereinafter the “Executive”)

(The Company and the Executive hereinafter jointly the “Parties” and separately a “Party”)

	1.	Employment Relationship

The Executive’s employment relationship commenced on 2 May 2023. The Executive’s employment relationship is valid until further notice, and the Executive undertakes to be available to the Company as agreed below. This employment agreement supersedes all previous employment agreements entered into with the Executive. No probationary period applies to this agreement.

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CERTAIN INFORMATION HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS BOTH NOT MATERIAL AND IS CONFIDENTIAL AND PRIVATE AND WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF DISCLOSED.

[***] INDICATES THAT INFORMATION HAS BEEN REDACTED.

DEVELOPMENT AGREEMENT

by and between

** **

Spinnova Oy,

** **

ECCO Sko A/S

** **

and

** **

Respin Oy

November 5, 2020

DEVELOPMENT AGREEMENT

	2.	**THIS DEVELOPMENT AGREEMENT **(the Agreement) is entered into on November 5, 2020, by and between

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EQUITY LINE OF CREDIT AGREEMENT

This Equity Line of Credit Agreement (this “Agreement”) is dated as of June 2, 2026 (the “Effective Date”), by and between Haoxin Holdings Limited, a Cayman Islands exempted company (the “Company”), and Mermaid Money LLC, a Wyoming limited liability company (the “Investor”).

WHEREAS, the parties desire that, upon the terms and subject to the conditions contained herein, the Investor shall purchase, from time to time, as provided herein, and the Company shall issue and sell up to Thirty Million Dollars ($30,000,000) of the Company’s Class A Ordinary Shares (as defined below);

…