EX-10.1
EX-10.1
PAYABLE ACKNOWLEDGMENT AND SETTLEMENT AGREEMENT
(Between New Rise Renewables Reno LLC, XCF Global, Inc. and Encore DEC, LLC)
THIS PAYABLE ACKNOWLEDGMENT AND SETTLEMENT AGREEMENT (this “Agreement”) is made and entered into as of May 6, 2026 (the “Effective Date”), by and among:
| ● | New Rise Renewables Reno LLC, a Delaware limited liability company (“New Rise Reno”); | |
| ● | XCF Global, Inc., a Delaware corporation (“XCF”); and | |
| ● | Encore DEC, LLC, a Nevada limited liability company (“Encore”). |
New Rise Reno, XCF and Encore may each be referred to herein as a “Party” and collectively as the “Parties.”
RECITALS
WHEREAS, Encore has provided certain engineering, construction, and related services to New Rise Reno in connection with the development and operations of New Rise Reno’s renewable fuels facilities;
…