Ownership of Site; Agreement to Terms of Use

These Terms and Conditions of Use (the “Terms of Use”) apply to the Velo X Aerospace web site located at www.veloxaerospace.com (the “Site”). The Site is the property of Velo X Aerospace and its licensors. BY USING THE SITE, YOU AGREE TO THESE TERMS OF USE; IF YOU DO NOT AGREE, DO NOT USE THE SITE. Velo X Aerospace reserves the right, at its sole discretion, to change, modify, add or remove portions of these Terms of Use, at any time. It is your responsibility to check these Terms of Use periodically for changes. Your continued use of the Site following the posting of changes will mean that you accept and agree to the changes. As long as you comply with these Terms of Use, Velo X Aerospace grants you a personal, non-exclusive, non-transferable, limited privilege to enter and use the Site.

Content All text, graphics, photographs, trademarks, logos, artwork and computer code (collectively, “Content”), including but not limited to the design, structure, selection, coordination, expression, “look and feel” and arrangement of such Content, contained on the Site is owned, controlled or licensed by Velo X Aerospace, and is protected by trade dress, copyright, patent and trademark laws, and various other intellectual property rights and unfair competition laws. Except as expressly provided in these Terms of Use, no part of the Site and no Content may be copied, reproduced, republished, uploaded, posted, publicly displayed, encoded, translated, transmitted or distributed in any way (including “mirroring”) to any other computer, server, Web site or other medium for publication or distribution or for any commercial enterprise, without Velo X Aerospace express prior written consent. You may use information on Velo X Aerospace products and services (such as data sheets, knowledge base articles, and similar materials) purposely made available by Velo X Aerospace for downloading from the Site, provided that you (1) do not remove any proprietary notice language in all copies of such documents, (2) use such information only for your personal, non-commercial informational purpose and do not copy or post such information on any networked computer or broadcast it in any media, (3) make no modifications to any such information, and (4) do not make any additional representations or warranties relating to such documents.

Your Use of the Site

You may not use any “deep-link”, “page-scrape”, “robot”, “spider” or other automatic device, program, algorithm or methodology, or any similar or equivalent manual process, to access, acquire, copy or monitor any portion of the Site or any Content, or in any way reproduce or circumvent the navigational structure or presentation of the Site or any

Content, to obtain or attempt to obtain any materials, documents or information through any means not purposely made available through the Site. Velo X Aerospace reserves the right to bar any such activity. You may not attempt to gain unauthorized access to any portion or feature of the Site, or any other systems or networks connected to the Site or to any Velo X Aerospace server, or to any of the services offered on or through the Site, by hacking, password “mining” or any other illegitimate means. You may not probe, scan or test the vulnerability of the Site or any network connected to the Site, nor breach the security or authentication measures on the Site or any network connected to the Site. You may not reverse look-up, trace or seek to trace any information on any other user of or visitor to the Site, or any other customer of Velo X Aerospace, including any Velo X Aerospace account not owned by you, to its source, or exploit the Site or any service or information made available or offered by or through the Site, in any way where the purpose is to reveal any information, including but not limited to personal identification or information, other than your own information, as provided for by the Site. You agree that you will not take any action that imposes an unreasonable or disproportionately large load on the infrastructure of the Site or Velo X Aerospace systems or networks, or any systems or networks connected to the Site or to Velo X Aerospace . You agree not to use any device, software or routine to interfere or attempt to interfere with the proper working of the Site or any transaction being conducted on the Site, or with any other person’s use of the Site. You may not forge headers or otherwise manipulate identifiers in order to disguise the origin of any message or transmittal you send to Velo X Aerospace on or through the Site or any service offered on or through the Site. You may not pretend that you are, or that you represent, someone else, or impersonate any other individual or entity. You may not use the Site or any Content for any purpose that is unlawful or prohibited by these Terms of Use, or to solicit the performance of any illegal activity or other activity which infringes the rights of Velo X Aerospace or others.

Other Terms and Conditions Additional terms and conditions may apply to specific portions or features of the Site, all of which terms are made a part of these Terms of Use by this reference. You agree to abide by such other terms and conditions, including where applicable representing that you are of sufficient legal age to use or participate in such service or feature. If there is a conflict between these Terms of Use and the terms posted for or applicable to a specific portion of the Site or for any service offered on or through the Site, the latter terms shall control with respect to your use of that portion of the Site or the specific service. Velo X Aerospace obligations, if any, with regard to its products and services are governed

solely by the agreements pursuant to which they are provided, and nothing on this Site should be construed to alter such agreements.

Pricing and Availability Information The Site may contain references to Velo X Aerospace products, services and programs that are not available in your country. These references do not imply that Velo X Aerospace intends to announce or make available such products, services or programs in your country. Further, the Velo X Aerospace Site may contain references to future planned Velo X Aerospace products. Such products are only planned and may not actually be produced. Any planned ship dates mentioned in reference to such future products are estimated ship dates only, and are not guaranteed. In addition, the materials on the Site with respect to products and services may be out of date, and Velo X Aerospace makes no commitment to update the materials on the Site with respect to such products and services. The following terms also govern and apply to your use of the Site, and they are incorporated herein by this reference: Each of these policies may be changed from time to time and are effective immediately upon posting such changes on the Site.

Links to Other Sites and to the Velo X Aerospace Site

This Site may contain links to other independent third-party Web sites (”Linked Sites”). These Linked Sites are provided solely as a convenience to our visitors. Such Linked Sites are not under Velo X Aerospace control, and Velo X Aerospace is not responsible for and does not endorse the content of such Linked Sites, including any information or materials contained on such Linked Sites. You will need to make your own independent judgment regarding your interaction with these Linked Sites.

Disclaimers VELO X AEROSPACE DOES NOT PROMISE THAT THE SITE OR ANY CONTENT, SERVICE OR FEATURE OF THE SITE WILL BE ERROR-FREE OR UNINTERRUPTED, OR THAT ANY DEFECTS WILL BE CORRECTED, OR THAT YOUR USE OF THE SITE WILL PROVIDE SPECIFIC RESULTS. THE SITE AND ITS CONTENT ARE DELIVERED ON AN “AS-IS” AND “AS-AVAILABLE” BASIS. ALL INFORMATION PROVIDED ON THE SITE IS SUBJECT TO CHANGE WITHOUT NOTICE. VELO X AEROSPACE CANNOT ENSURE THAT ANY FILES OR OTHER DATA YOU DOWNLOAD FROM THE SITE WILL BE FREE OF VIRUSES OR CONTAMINATION OR DESTRUCTIVE FEATURES. VELO X AEROSPACE DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, NON-INFRINGEMENT, MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. VELO X AEROSPACE DISCLAIMS ANY AND ALL LIABILITY FOR THE ACTS, OMISSIONS AND CONDUCT OF ANY THIRD PARTIES IN CONNECTION WITH OR RELATED TO YOUR USE OF THE SITE AND/OR ANY VELO X AEROSPACE SERVICES. YOU ASSUME TOTAL RESPONSIBILITY FOR YOUR USE OF THE SITE

AND ANY LINKED SITES. YOUR SOLE REMEDY AGAINST VELO X AEROSPACE FOR DISSATISFACTION WITH THE SITE OR ANY CONTENT IS TO STOP USING THE SITE OR ANY SUCH CONTENT. THIS LIMITATION OF RELIEF IS A PART OF THE BARGAIN BETWEEN THE PARTIES. The above disclaimer applies to any damages, liability or injuries caused by any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communication line failure, theft or destruction of or unauthorized access to, alteration of, or use, whether for breach of contract, tort, negligence or any other cause of action. Velo X Aerospace reserves the right to do any of the following, at any time, without notice: (1) to modify, suspend or terminate operation of or access to the Site, or any portion of the Site, for any reason; (2) to modify or change the Site, or any portion of the Site, and any applicable policies or terms; and (3) to interrupt the operation of the Site, or any portion of the Site, as necessary to perform routine or non-routine maintenance, error correction, or other changes.

Limitation of Liability EXCEPT WHERE PROHIBITED BY LAW, IN NO EVENT WILL VELO X AEROSPACE BE LIABLE TO YOU FOR ANY INDIRECT, CONSEQUENTIAL, EXEMPLARY, INCIDENTAL OR PUNITIVE DAMAGES, INCLUDING LOST PROFITS, EVEN IF VELO X AEROSPACE HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, AND REGARDLESS OF WHETHER BASED ON TORT, CONTRACT, STRICT LIABILITY OR OTHER THEORY. If, notwithstanding the other provisions of these Terms of Use, Velo X Aerospace is found to be liable to you for any damage or loss which arises out of or is in any way connected with your use of the Site or any Content, Velo X Aerospace liability shall in no event exceed the greater of (1) the total of any subscription or similar fees with respect to any service or feature of or on the Site paid in the six months prior to the date of the initial claim made against Velo X Aerospace (but not including the purchase price for any Velo X Aerospace products or any Velo X Aerospace support program), or (2) US$100.00. Some jurisdictions do not allow limitations of liability, so the foregoing limitation may not apply to you. Indemnity You agree to indemnify and hold Velo X Aerospace, its officers, directors, shareholders, predecessors, successors in interest, employees, agents, subsidiaries and affiliates, harmless from any demands, loss, liability, claims or expenses (including attorneys’ fees), made against Velo X Aerospace by any third party due to or arising out of or in connection with your use of the Site.

Violation of These Terms of Use Velo X Aerospace may disclose any information we have about you (including your identity)

if we determine that such disclosure is necessary in connection with any investigation or complaint regarding your use of the Site, or to identify, contact or bring legal action against someone who may be causing injury to or interference with (either intentionally or unintentionally) Velo X Aerospace rights or property, or the rights or property of visitors to or users of the Site, including Velo X Aerospace customers. Velo X Aerospace reserves the right at all times to disclose any information that Velo X Aerospace deems necessary to comply with any applicable law, regulation, legal process or governmental request. Velo X Aerospace also may disclose your information when Velo X Aerospace determines that applicable law requires or permits such disclosure, including exchanging information with other companies and organizations for fraud protection purposes. You acknowledge and agree that Velo X Aerospace may preserve any transmittal or communication by you with Velo X Aerospace through the Site or any service offered on or through the Site, and may also disclose such data if required to do so by law or Velo X Aerospace determines that such preservation or disclosure is reasonably necessary to (1) comply with legal process, (2) enforce these Terms of Use, (3) respond to claims that any such data violates the rights of others, or (4) protect the rights, property or personal safety of Velo X Aerospace, its employees, users of or visitors to the Site, and the public. You agree that Velo X Aerospace may, in its sole discretion and without prior notice, terminate your access to the Site and/or block your future access to the Site if we determine that you have violated these Terms of Use or other agreements or guidelines which may be associated with your use of the Site. You also agree that any violation by you of these Terms of Use will constitute an unlawful and unfair business practice, and will cause irreparable harm to , Velo X Aerospace for which monetary damages would be inadequate, and you consent to Velo X Aerospace obtaining any injunctive or equitable relief that Velo X Aerospace deems necessary or appropriate in such circumstances. These remedies are in addition to any other remedies Velo X Aerospace may have at law or in equity. You agree that Velo X Aerospace may, in its sole discretion and without prior notice, terminate your access to the Site, for cause, which includes (but is not limited to) (1) requests by law enforcement or other government agencies, (2) a request by you (self-initiated account deletions), (3) discontinuance or material modification of the Site or any service offered on or through the Site, or (4) unexpected technical issues or problems. If Velo X Aerospace does take any legal action against you as a result of your violation of these Terms of Use, Velo X Aerospace will be entitled to recover from you, and you agree to pay, all reasonable attorneys’ fees and costs of such action, in addition to any other relief granted to Velo X Aerospace. You agree that Velo X Aerospace will not be liable to you or to any third party for termination of your access to the Site as a result of any violation of these Terms of Use.

Governing Law; Dispute Resolution You agree that all matters relating to your access to or use of the Site, including all disputes, will be governed by the laws of the United States and by the laws of the State of Michigan without regard to its conflicts of laws provisions. You agree to the personal jurisdiction by and venue in the state and federal courts in Barry County, Michigan, and waive any objection to such jurisdiction or venue. Any claim under these Terms of Use must be brought within one (1) year after the cause of action arises, or such claim or cause of action is barred. No recovery may be sought or received for damages other than out-of-pocket expenses, except that the prevailing party will be entitled to costs and attorneys’ fees. In the event of any controversy or dispute between Velo X Aerospace and you arising out of or in connection with your use of the Site, the parties shall attempt, promptly and in good faith, to resolve any such dispute. If we are unable to resolve any such dispute within a reasonable time (not to exceed thirty (30) days), then either party may submit such controversy or dispute to mediation. If the dispute cannot be resolved through mediation, then the parties shall be free to pursue any right or remedy available to them under applicable law.

Void Where Prohibited Velo X Aerospace administers and operates the www.powrachute.com Site from its location in Hastings, Michigan USA. Although the Site is accessible worldwide, not all features, products or services discussed, referenced, provided or offered through or on the Site are available to all persons or in all geographic locations, or appropriate or available for use outside the United States. Velo X Aerospace reserves the right to limit, in its sole discretion, the provision and quantity of any feature, product or service to any person or geographic area. Any offer for any feature, product or service made on the Site is void where prohibited. If you choose to access the Site from outside the United States, you do so on your own initiative and you are solely responsible for complying with applicable local laws.

Miscellaneous You may not use or export or re-export any Content or any copy or adaptation of such Content, or any product or service offered on the Site, in violation of any applicable laws or regulations, including without limitation United States export laws and regulations. If any of the provisions of these Terms of Use are held by a court or other tribunal of competent jurisdiction to be void or unenforceable, such provisions shall be limited or eliminated to the minimum extent necessary and replaced with a valid provision that best embodies the intent of these Terms of Use, so that these Terms of Use shall remain in full force and effect. These Terms of Use constitute the entire agreement between you and Velo X Aerospace with regard to your use of the Site, and any and all other written or oral

agreements or understandings previously existing between you and Velo X Aerospace with respect to such use are hereby superseded and cancelled. Velo X Aerospace will not accept any counter-offers to these Terms of Use, and all such offers are hereby categorically rejected. Velo X Aerospace failure to insist on or enforce strict performance of these Terms of Use shall not be construed as a waiver by Velo X Aerospace of any provision or any right it has to enforce these Terms of Use, nor shall any course of conduct between Velo X Aerospace and you or any other party be deemed to modify any provision of these Terms of Use. These Terms of Use shall not be interpreted or construed to confer any rights or remedies on any third parties. Velo X Aerospace Privacy Policy applies to use of this Site, and its terms are made a part of these Terms of Use by this reference.

Copyright Information To obtain permission to use Velo X Aerospace copyrighted materials or if you have any questions concerning the usage or licensing of Velo X Aerospace copyrighted materials, please submit your detailed request in writing.

Velo X Aerospace Unsolicited Idea Submission Policy Velo X Aerospace or any of its employees do not accept or consider unsolicited ideas, including ideas for new advertising campaigns, new promotions, new or improved products, product enhancements, marketing plans or new product names. Please do not send any original creative artwork, suggestions or other works. The sole purpose of this policy is to avoid potential misunderstandings or disputes when Velo X Aerospace products or marketing strategies might seem similar to ideas submitted to Velo X Aerospace. So, please do not send your unsolicited ideas to Velo X Aerospace or anyone at Velo X Aerospace. If, despite our request that you not send us your ideas, you still send them, then regardless of what your letter says, the following terms shall apply to your idea submission.

Terms of Idea Submission You agree that, without compensation to you, and without any restrictions Velo X Aerospace can use the ideas for any purpose and in any way, even give them to others.

Third Party Companies and Products Mention of third-party products, companies and web sites on the Velo X Aerospace Site is for informational purposes only and constitutes neither an endorsement nor a recommendation. Velo X Aerospace assumes no responsibility with regard to the selection, performance or use of these products or vendors. The information contained in this Site is subject to change without notice. Copyright © 2024 VELO X AEROSPACE. All rights reserved.

Velo X Aerospace

3001 West Airport Road

Hastings, MI 49058

Updated 06/01/2024