Document:

Exhibit 10.1

 

THIS UNSECURED PROMISSORY NOTE (“NOTE”)
HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”). THIS NOTE HAS BEEN ACQUIRED
FOR INVESTMENT ONLY AND MAY NOT BE SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF REGISTRATION OF THE RESALE THEREOF UNDER THE
SECURITIES ACT OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY IN FORM, SCOPE AND SUBSTANCE TO THE COMPANY THAT SUCH REGISTRATION
IS NOT REQUIRED.

 

UNSECURED PROMISSORY NOTE

 

	Principal Amount: $575,000	Dated as of November 13, 2020

 

GreenVision Acquisition Corp., a Delaware corporation and
special purpose acquisition company (the “Maker”), promises to pay to Accountable Healthcare America, Inc. (the “Payee”),
the principal sum of FIVE HUNDRED SEVENTY FIVE THOUSAND U.S. dollars ($575,000) in lawful money of the United States of America,
on the terms and conditions described below. This Note is being issued by Maker in consideration of the Transaction Deposit (as
defined in the Merger Agreement) made by Payee to Maker in the amount of $575,000, which has been utilized by the Maker to extend
the termination date of November 21, 2020 for Maker to complete a business combination to February 21, 2021, in accordance with
Maker’s Amended and Restated Certificate of Incorporation.

1.       Maturity Date/Payment of Principal. (a) This Note
shall be due for cancellation on the date on which Maker consummates a business combination (“Business Combination”)
with Payee on or prior to February 21, 2021, as described in that certain Merger Agreement and Plan of Reorganization dated as
of the August 26, 2020 (the “Merger Agreement”), by and among Payee, Michael Bowen, as representative of the shareholders
of Payee, Maker and GreenVision Merger Sub Inc., a Delaware corporation and wholly-owned subsidiary of Maker.

(b) Payee understands and agrees that
no payment of principal of this Note shall be required if a Business Combination with Payee is not consummated on or prior to February
21, 2021 for any reason, unless there is at least $575,000 in funds available to Maker excluding any funds available in Makers
trust account (“Trust Account”) as established with and held by Maker with Continental Stock Transfer and Trust Company
pursuant to the Investment Management Trust Agreement dated as of November 18, 2019.

2.       Interest.
No interest shall accrue on the unpaid principal balance of this Note; provided, however any overdue amounts shall accrue default
interest at a rate per annum equal to the interest rate which is the prevailing short-term United States Treasury Bill rate, from
the date on which such payment is due until the day on which all sums due are received by the Payee.

3.       Events of Default.
The following shall constitute an event of default (“Event of Default”):

(a) Failure to Make Required Payments.
Failure by Maker to pay the principal amount due pursuant to this Note within ten (10) business days of the date specified above.

    

     

    

(b) Voluntary Bankruptcy, Etc.
The commencement by Maker of a voluntary case under any applicable bankruptcy, insolvency, reorganization, rehabilitation or other
similar law, or the consent by it to the appointment of or taking possession by a receiver, liquidator, assignee, trustee, custodian,
sequestrator (or other similar official) of Maker or for any substantial part of its property, or the making by it of any assignment
for the benefit of creditors, or the failure of Maker generally to pay its debts as such debts become due, or the taking of corporate
action by Maker in furtherance of any of the foregoing.

(c) Involuntary Bankruptcy, Etc.
The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of Maker in an involuntary
case under any applicable bankruptcy, insolvency or other similar law, or appointing a receiver, liquidator, assignee, custodian,
trustee, sequestrator (or similar official) of Maker or for any substantial part of its property, or ordering the winding-up or
liquidation of its affairs, and the continuance of any such decree or order unstayed and in effect for a period of 60 consecutive
days.

4. Remedies.

(a) Upon the occurrence of an Event of
Default specified in Section 4(a) hereof, Payee may, by written notice to Maker, declare this Note to be due immediately and payable,
whereupon the unpaid principal amount of this Note, and all other amounts payable thereunder, shall become immediately due and
payable without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything contained
herein or in the documents evidencing the same to the contrary notwithstanding.

(b) Upon the occurrence of an Event of
Default specified in Sections 4(b) and 4(c), the unpaid principal balance of this Note, and all other sums payable with regard
to this Note, shall automatically and immediately become due and payable, in all cases without any action on the part of Payee.

5. Waivers. Maker and all endorsers and guarantors
of, and sureties for, this Note waive presentment for payment, demand, notice of dishonor, protest, and notice of protest with
regard to the Note, all errors, defects and imperfections in any proceedings instituted by Payee under the terms of this Note,
and all benefits that might accrue to Maker by virtue of any present or future laws exempting any property, real or personal, or
any part of the proceeds arising from any sale of any such property, from attachment, levy or sale under execution, or providing
for any stay of execution, exemption from civil process, or extension of time for payment; and Maker agrees that any real estate
that may be levied upon pursuant to a judgment obtained by virtue hereof, on any writ of execution issued hereon, may be sold upon
any such writ in whole or in part in any order desired by Payee.

6. Unconditional Liability. Maker hereby waives all
notices in connection with the delivery, acceptance, performance, default, or enforcement of the payment of this Note, and agrees
that other than as provided in Section 10 (Trust Waiver) below, its liability shall be unconditional, without regard to the liability
of any other party, and shall not be affected in any manner by any indulgence, extension of time, renewal, waiver or modification
granted or consented to by Payee, and consents to any and all extensions of time, renewals, waivers, or modifications that may
be granted by Payee with respect to the payment or other provisions of this Note, and agrees that additional makers, endorsers,
guarantors, or sureties may become parties hereto without notice to Maker or affecting Maker’s liability hereunder.

    

     

    

7. Notices. All notices, statements or other documents
which are required or contemplated by this Agreement shall be: (i) in writing and delivered personally or sent by first class registered
or certified mail, overnight courier service or facsimile or electronic transmission to the address designated in writing, (ii)
by facsimile to the number most recently provided to such party or such other address or fax number as may be designated in writing
by such party and (iii) by electronic mail, to the electronic mail address most recently provided to such party or such other electronic
mail address as may be designated in writing by such party. Any notice or other communication so transmitted shall be deemed to
have been given on the day of delivery, if delivered personally, on the business day following receipt of written confirmation,
if sent by facsimile or electronic transmission, one (1) business day after delivery to an overnight courier service or five (5)
days after mailing if sent by mail.

8. Construction. THIS NOTE SHALL BE CONSTRUED AND ENFORCED
IN ACCORDANCE WITH THE LAWS OF NEW YORK, WITHOUT REGARD TO CONFLICT OF LAW PROVISIONS THEREOF.

9. Severability. Any provision contained in this Note
which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition
or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction
shall not invalidate or render unenforceable such provision in any other jurisdiction.

10. Trust Waiver. Notwithstanding anything herein to
the contrary, the Payee hereby waives any and all right, title, interest or claim of any kind (“Claim”) in or to any
distribution of or from the Trust Account and hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any
Claim against the Trust Account for any reason whatsoever.

11. Amendment; Waiver. Any amendment hereto or waiver
of any provision hereof may be made with, and only with, the written consent of the Maker and the Payee.

12. Assignment. No assignment or transfer of this Note
or any rights or obligations hereunder may be made by any party hereto (by operation of law or otherwise) without the prior written
consent of the other party hereto and any attempted assignment without the required consent shall be void.

[signature page follows]

 

    

     

    

 

[GreenVision note $575,000 signature page]

 

 

IN WITNESS WHEREOF, Maker, intending to be legally bound
hereby, has caused this Note to be duly executed by the undersigned as of the day and year first above written.

 

 

 

GREENVISION ACQUISITION CORP.

a Delaware corporation

 

By:  /s/                                               

Name: Zhigeng (David) Fu

Title:Chief Executive OfficerEX-10.1

 Exhibit 10.1 
  

 
 

 
 10th November 2020 
 R. Scott Herren 

Dear Scott, 
 I’m delighted to offer you a role at Cisco, where you’ll be
joining 70,000+ people who are powering an inclusive future for all, people just like you. 
 If you decide to join us, we offer something exceptional – it’s
called Our People Deal. It is all about what Cisco will offer you, and what we ask of you in return. Below you’ll find the beginning of what Cisco has for you. 

We’re offering you an exempt position as a Executive Vice President and Chief Financial Officer, Grade Level 940 in Cisco Systems,
Inc., subject to the appointment by the Board of Directors of Cisco. You’ll report to me, Chuck Robbins and you’ll start in our San Jose, California, US office. 

When you’ll start 
 We’re planning for you
to start on 18-Dec-2020 (hiring date). If this date won’t work for you, please contact Chuck Robbins or Fran Katsoudas with the date you prefer and we can
discuss options. You just need to make sure it is at least two weeks after we receive all your signed documents. 
 What you’ll be paid

  

	 	•	 	 Your salary will be USD $800,000.00 per year, which equals USD $30,769.23, paid every other week.

  

	 	•	 	 Participation in the Executive Leadership Team Incentive Plan starting in Fiscal Year 2021 (Fiscal Year begins
July 26, 2020). You will be eligible to participate in this plan if you meet all the eligibility requirements as stated in the plan summary. Your Bonus Target is 160% of your base salary for the current fiscal year and will be pro-rated based on the time that you are employed during the fiscal year. 

  

	 	•	 	 You will be eligible to participate in the Deferred Compensation Plan and you will receive enrollment materials after you
commence employment. 

  

	 	•	 	 To welcome you to the team, we’ll also give you a sign-on bonus of USD
$8,000,000.00. This is taxable. We’ll pay you the sign-on bonus within 30 days after your first day. If you voluntarily terminate your employment for any reason or if your employment is terminated
for Cause (as defined in the Cisco Systems, Inc. 2005 Stock Incentive Plan (the “2005 Plan”)) within twenty-four months of your start date, you must repay the sign-on bonus on a pro-rated basis. 

 A copy of the Sign-On Bonus
Acknowledgment Clause has been included below for your review and signature. 
  

	 	•	 	 Subject to approval by the Compensation Committee of Cisco Systems, Inc. (“Committee”), you will receive a Cisco
new hire equity award with an approximate grant date fair value of USD $6,000,000, which will be comprised of performance-based restricted stock units with an approximate grant date fair value of USD $3,600,000 and time-based
restricted stock units with an approximate grant date fair value of USD $2,400,000, in each case under the 2005 Plan. 

Your new hire performance-based restricted stock units will be subject to the same terms and conditions as the annual performance-based restricted
stock units that were made to similarly situated executives in fiscal 2021. Your performance-based restricted stock units will vest, if at all, on November 10, 2023, subject to your continuous service through such date and the Compensation and
Management Development Committee of the Board (the “Committee”) determining the extent to which certain performance goals have been achieved. 50% of the performance-based restricted stock units will vest, based on the average of
Cisco’s operating cash flow and EPS for fiscal 2022 and fiscal 2023. 50% of the performance-based restricted stock units will vest, based on Cisco’s two and one-half year relative total shareholder
return for Q3 of fiscal 2021 (January 25, 2021) through fiscal 2023 using the S&P 500 Index. 

 Your new hire time-based restricted stock units will vest over four years with 25% of your
restricted stock units vesting at the first company defined vesting date following the one-year anniversary from the grant date with 6.25% vesting quarterly thereafter, subject to your continuous service
through each vesting date. 
 Your new hire performance-based restricted stock units and time-based restricted stock units shall also be subject to
further terms and conditions set forth in your grant agreements that will be provided to you by Cisco. You will receive a notification from Global Stock Plan Services asking you to accept your grant agreements. 

 

	 	•	 	 Subject to approval by the Compensation Committee of Cisco Systems, Inc. (“Committee”), you will receive a Cisco
sign-on equity award with an approximate grant date fair value of USD $10,000,000, which will be comprised of performance-based restricted stock units with an approximate grant date fair value of USD
$4,000,000 and time-based restricted stock units with an approximate grant date fair value of USD $6,000,000, in each case under the 2005 Plan. 

Your sign-on performance-based restricted stock units will be subject to the same terms and conditions as the
annual performance-based restricted stock units that were made to similarly situated executives in fiscal 2021. Subject to your continuous service through the applicable vesting dates and the Compensation and Management Development Committee of the
Board (the “Committee”) determining the extent to which certain performance goals have been achieved: 
  

	 	○ 	 	 50% of the performance-based restricted stock units will vest, if at all, on November 10, 2022, based on Cisco’s
operating cash flow and EPS for fiscal 2022, and 

	 	○ 	 	 50% of the performance-based restricted stock units will vest, if at all, on November 10, 2023, based on Cisco’s
operating cash flow and EPS for fiscal 2023. 

 Your sign-on time-based restricted stock
units will vest over two years with 50% of your restricted stock units vesting at the first company defined vesting date following the one-year anniversary from the grant date with 12.50% vesting quarterly
thereafter, subject to your continuous service through each vesting date. 
 Your sign-on performance-based
restricted stock units and time-based restricted stock units shall also be subject to further terms and conditions set forth in your grant agreements that will be provided to you by Cisco. You will receive a notification from Global Stock Plan
Services asking you to accept your grant agreements. 
 What happens next? 

Scott, please signify your acceptance of our offer by signing and emailing the offer and the attached declaration to
[                ], on or before the acceptance deadline of seven days following the date of this letter. If you accept the offer, you’ll get access to our hiring
portal, “My Documents Space”, where you’ll find more about what you need to get started on your Cisco career journey. 
 Get in touch if you have any
questions. Reach out to me personally, or your recruiter, who is also a great source of information. It’s been a pleasure getting to know you, Scott. I look forward to having you on our team! 

Welcome to Cisco! 
 Chuck Robbins 

Chairman and Chief Executive Officer 
  

 
 

 

 Terms and Conditions 

Before you start: 
  

	 	•	 	 Work Authorization: This offer is contingent upon proof of your right to work in UNITED STATES. If you require
sponsorship by Cisco to obtain work authorization, you must let your recruiter know immediately. Also, please be aware not every position or individual qualifies for visa sponsorship. 

 

	 	•	 	 Background Verification: This offer of employment and any consequent employment relationship is contingent upon a
satisfactory background verification. We’re assuming that the education and employment history you provided is accurate. Any false information provided by you or at your request may result in immediate termination of your employment with no
compensation to you. 

  

	 	•	 	 Possible Delay to Start Date: If your background check or work authorization are delayed, we’ll likely need to
postpone your start date. 

  

	 	•	 	 Conflicts of Interest: An attached form explains the policy. Once you’ve read it, if you think that working with us
could create a conflict of interest, you should immediately contact [                ] or
[                ]. 

  

	 	•	 	 You acknowledge and agree that, during the entirety of your employment, you will comply with the Cisco Code of
Business Conduct (“COBC” for short) and related policies (as may be amended by Cisco from time to time). The COBC explains our Company’s ethical values and culture, and the current version can be found at:
https://investor.cisco.com/investor-relations/governance/code-of-conduct/default.aspx 

 A few last things to note

 This offer is not a guarantee. While we certainly hope that you’ll have a long and successful career with us, employment with Cisco is employment at-will. That means both you and Cisco can end the employment relationship at any time, with or without cause or notice. In accepting this offer, you agree to everything specified in this letter and attached
documents, not to what your recruiter, hiring manager, or others at Cisco may have communicated before. 
 Once you’ve signed it, the terms of this agreement can
only change if there is subsequent written agreement from Cisco signed by you. 
 Sign here to signify you accept this offer on the terms above: 

 

							
	 /s/ R. Scott Herren
 R. Scott
Herren
 Start Date: 18-Dec-2020
	 		 	 11 Nov 2020
 Date
	 	

 The Following must be returned for your acceptance to be complete: 

• Signed Clauses (if applicable) 
 For Official Use Only: 

 SIGN-ON BONUS ACKNOWLEDGMENT CLAUSE 

I have read and understand the Cisco Systems, Inc. Sign-On Bonus Policy. I further understand that I have not
earned the Sign-On Bonus that I have received until I have completed twenty-four months of employment. If within the first twenty-four months of my start date, I voluntarily terminate my employment for any
reason or if my employment is terminated for Cause (as defined in the Cisco Systems, Inc. 2005 Stock Incentive Plan and determined by the Committee in a consistent and reasonable manner), I must repay the
Sign-On Bonus on a pro-rated basis. The amount that I must repay will be determined by multiplying (i) $8,000,000 by (ii) the number of full months remaining until
the twenty-fourths month anniversary of my start date divided by 24. For purposes of this letter agreement, with respect to the repayment obligation for the sign-on bonus, termination on account of death or
disability shall not be deemed “voluntary” or “for cause”. “Disability” means that I am classified as disabled under a long-term disability policy of the Company or, if no such policy applies, I am unable to engage in
any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or which has lasted or can be expected to last for a continuous period of not less than 12 months. 

For example, if I terminate employment with Cisco after 6 months, I agree to repay Cisco USD $6,000,000.00 (18/24 of USD $8,000,000.00). If I terminate
employment with Cisco after 18 months, I agree to repay Cisco USD $2,000,000.00 (6/24 of USD $8,000,000.00). If my employment with Cisco terminates prior to two years of service, I will execute an authorization at the time of
termination of my employment authorizing Cisco Systems, Inc. to withhold from my final paycheck any Sign-On Bonus reimbursement due to Cisco Systems, Inc. as described above, unless otherwise restricted by
local law. In the event the reimbursement amount I owe Cisco Systems, Inc. is greater than the amount of my final paycheck, I agree to pay the balance in full to Cisco Systems, Inc. within thirty (30) days of my termination date. 

I understand the amount to be repaid will be the full amount, unreduced by any withholding or deduction. However, if the repayment occurs in the same calendar year in
which it was paid to me, the amount I am required to repay shall be reduced by the amount of any federal, state, city or other local income taxes actually withheld and the Company shall seek a refund from the applicable taxing authority. 

 

									
	 /s/R. Scott Herren

R. Scott Herren
	 		 		 	 11 Nov 2020
 Date

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