Evergreen Corporation issued an unsecured, non-interest bearing promissory note in the principal amount of USD 1,350,000 to Evergreen LLC, EVGR?s sponsor. The maturity date of the Note shall be upon the closing of a Repayment/Conversion Trigger Event, as such term is defined below, and the holder of the Note, in its sole discretion, may convert any or all of the unpaid principal under the Note into units of the Company, at a price of $10.00 per unit, upon consummation of the Company?s initial business combination. ?Repayment /Conversion Trigger Event?

means: (i) the closing of a merger, consolidation or other business combination pursuant to which the Company acquires an entity for its initial business combination; or (ii) the liquidation of EVGR on or before the expiration of the time available under EVGR?s certificate of incorporation for EVGR to consummate a business combination, or such later liquidation date as may be approved by EVGR?s stockholders, or such later liquidation date as may be approved by EVGR?s stockholders, that occurs while the Note is outstanding or any time thereafter prior to the repayment of the Note.