Envirotech Vehicles, Inc. Sample Contracts

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • December 28th, 2020 • Adomani, Inc. • Motor vehicle parts & accessories

This Agreement is made pursuant to the Securities Purchase Agreement, dated as of the date hereof, between the Company and each Purchaser (the “Purchase Agreement”).

SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • December 28th, 2020 • Adomani, Inc. • Motor vehicle parts & accessories • New York

This Securities Purchase Agreement (this “Agreement”) is dated as of December 24, 2020, between ADOMANI, Inc., a Delaware corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively, the “Purchasers”).

STANDBY EQUITY PURCHASE AGREEMENT
Standby Equity Purchase Agreement • September 27th, 2024 • Envirotech Vehicles, Inc. • Motor vehicle parts & accessories • New York

THIS STANDBY EQUITY PURCHASE AGREEMENT (this “Agreement”) dated as of September 23, 2024, is made by and between YA II PN, LTD., a Cayman Islands exempt limited company (the “Investor”), and ENVIROTECH VEHICLES, INC., a company incorporated under the laws of the State of Delaware (the “Company”).

COMMON STOCK PURCHASE WARRANT ADOMANI, inc.
Common Stock Purchase Warrant • January 8th, 2018 • Adomani, Inc. • Motor vehicle parts & accessories • New York

THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____________ or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to 6:00 PM (New York time) on [___], 20231 (the “Termination Date”) but not thereafter, to subscribe for and purchase from ADOMANI, Inc., a Delaware corporation (the “Company”), up to ______2 shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).

ADOMANI, INC. STOCK OPTION AGREEMENT (For U.S. Participants)
Stock Option Agreement • April 7th, 2017 • Adomani, Inc. • Motor vehicle parts & accessories • California

Adomani, Inc. (the “Company”) has granted to the Participant named in the Notice of Grant of Stock Option (the “Grant Notice”) to which this Stock Option Agreement (the “Option Agreement”) is attached an option (the “Option”) to purchase certain shares of Stock upon the terms and conditions set forth in the Grant Notice and this Option Agreement. The Option has been granted pursuant to and shall in all respects be subject to the terms and conditions of the Adomani, Inc. 2017 Equity Incentive Plan (the “Plan”), as amended to the Date of Grant, the provisions of which are incorporated herein by reference. By signing the Grant Notice, the Participant: (a) acknowledges receipt of, and represents that the Participant has read and is familiar with, the Grant Notice, this Option Agreement, the Plan and a prospectus for the Plan prepared in connection with the registration with the Securities and Exchange Commission of shares issuable pursuant to the Option (the “Plan Prospectus”), (b) accepts

NEITHER THIS NOTE NOR THE SECURITIES INTO WHICH THIS NOTE IS CONVERTIBLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE. THESE SECURITIES HAVE BEEN SOLD IN RELIANCE UPON AN EXEMPTION FROM...
Convertible Note • February 25th, 2025 • Envirotech Vehicles, Inc. • Motor vehicle parts & accessories

THIS NOTE HAS BEEN ISSUED WITH “ORIGINAL ISSUE DISCOUNT” (WITHIN THE MEANING OF SECTION 1272 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED). UPON WRITTEN REQUEST (ADDRESSED TO ENVIROTECH VEHICLES, INC., 1425 OHLENDORF ROAD, OSCEOLA, ARKANSAS 72370, ATTENTION: CHIEF FINANCIAL OFFICER), THE COMPANY WILL PROMPTLY MAKE AVAILABLE TO THE HOLDER OF THIS NOTE THE FOLLOWING INFORMATION: (1) THE ISSUE PRICE AND ISSUE DATE OF THE NOTE; (2) THE AMOUNT OF ORIGINAL ISSUE DISCOUNT ON THE NOTE; AND (3) THE YIELD TO MATURITY OF THE NOTE.

SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • January 8th, 2018 • Adomani, Inc. • Motor vehicle parts & accessories • New York

This Securities Purchase Agreement (this “Agreement”) is dated as of January 5, 2018, between ADOMANI, Inc., a Delaware corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).

INDEMNITY AGREEMENT
Indemnity Agreement • December 21st, 2016 • Adomani, Inc. • Motor vehicle parts & accessories • Delaware

This Indemnity Agreement, dated as of , 2016, is made by and between ADOMANI, Inc., a Delaware corporation (the “Company”), and [ ] (the “Indemnitee”).

SERIES A]1[SERIES B]2COMMON STOCK PURCHASE WARRANT ADOMANI, INC.
Securities Agreement • December 28th, 2020 • Adomani, Inc. • Motor vehicle parts & accessories

THIS [SERIES A]4[SERIES B]5 COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____________ or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on [ ]6 (the “Termination Date”) but not thereafter, to subscribe for and purchase from ADOMANI, Inc., a Delaware corporation (the “Company”), up to ______ shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).

ADOMANI, Inc. UNDERWRITING AGREEMENT dated [●], 2017 Boustead Securities, LLC
Underwriting Agreement • February 13th, 2017 • Adomani, Inc. • Motor vehicle parts & accessories • New York
Services Agreement
Services Agreement • May 20th, 2026 • Envirotech Vehicles, Inc. • Motor vehicle parts & accessories

This Service Agreement (“Agreement”) is made by and between Envirotech Vehicles, Inc., a Delaware corporation (the “Company”), and MET CONSULTING LLC, a Puerto Rico limited liability company (the “Service Provider”), effective May 19, 2026 (the “Effective Date”) for the purpose of setting forth the terms and conditions under which the Service Provider will perform services for Company. Company and Service Provider may be referred to herein individually as a “Party,” or collectively as the “Parties.”

ESCROW DEPOSIT AGREEMENT
Escrow Deposit Agreement • February 13th, 2017 • Adomani, Inc. • Motor vehicle parts & accessories • New York

This ESCROW DEPOSIT AGREEMENT (this “Agreement”) dated as of this [ ] day of 2017, by and among ADOMANI, INC., a Delaware corporation (the “Company”), having an address at 620 Newport Center Drive, Suite 1100, Newport Beach CA 92660, BOUSTEAD SECURITIES, LLC, a California LLC. (the “Underwriter”), having an address at 898 N. Sepulveda, Suite 475, El Segundo CA 90245, and SIGNATURE BANK (the “Escrow Agent”), a New York State chartered bank, having an office at 950 Third Ave, 9th Floor, New York, NY 10022. All capitalized terms not herein defined shall have the meaning ascribed to them in that certain offering circular, dated [ ], 20[ ], including all attachments, schedules and exhibits thereto (the “Offering Circular”).

ADOMANI, INC. ADVISOR AGREEMENT
Advisor Agreement • February 13th, 2017 • Adomani, Inc. • Motor vehicle parts & accessories • California

This Advisor Agreement (the “Agreement”) is entered into as of the date set forth on the signature page by and between ADOMANI, Inc., a Florida corporation that proposes to reincorporate in Delaware (the “Company”) and the undersigned advisor (the “Advisor”).

JAMES L. REYNOLDS EMPLOYMENT AGREEMENT WITH ADOMANI, INC.
Employment Agreement • September 20th, 2019 • Adomani, Inc. • Motor vehicle parts & accessories • California

This EMPLOYMENT AGREEMENT is entered into by and between ADOMANI, INC., a Delaware corporation (the “Company”), with its corporate headquarters located at 4740 Green River Road, Corona, California 92880 and JAMES L. REYNOLDS, the undersigned individual (“Executive”), with his address located at 10459 Apache River Avenue, Fountain Valley, California 92708.

CONSULTING AGREEMENT
Consulting Agreement • December 21st, 2016 • Adomani, Inc. • Motor vehicle parts & accessories • California

This CONSULTING AGREEMENT (this “Agreement”) is made and entered into effective November 14, 2016 (the “Effective Date”), by and between ADOMANI, Inc., a Florida corporation, its successors or assignees (the “Company”), and Redwood Group International Limited (the “Consultant”).

SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • December 22nd, 2017 • Adomani, Inc. • Motor vehicle parts & accessories • New York

This Securities Purchase Agreement (this “Agreement”) is dated as of [●], 2017 between ADOMANI, Inc., a Delaware corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).

Agreement and Plan of Merger by and among Azio AI Corporation;
Agreement and Plan of Merger • May 20th, 2026 • Envirotech Vehicles, Inc. • Motor vehicle parts & accessories • Delaware

This Agreement and Plan of Merger (this “Agreement”) is entered into as of May 19, 2026 (the “Effective Date”) by and among (i) Azio AI Corporation, a Delaware corporation (the “Company”); (ii) Envirotech Vehicles, Inc., a Delaware corporation (“Parent”), and (iii) EV-AZ Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“Merger Sub”). Each of Parent, Merger Sub and the Company are referred to herein as a “Party” and together as the “Parties”.

DEALER AGREEMENT between LION BUSES INC. and ADOMANI Inc. November 2016
Dealer Agreement • December 21st, 2016 • Adomani, Inc. • Motor vehicle parts & accessories • Quebec

This agreement (the “Agreement”) is entered into on the 1st day of November 2016 by and between LION BUSES INC., a Canadian corporation having its principal place of business in St-Jerome, Quebec, Canada (hereinafter referred to as “LION” or “Manufacturer”) and ADOMANI Inc., a US corporation (hereinafter referred to as “DEALER” or “NGSB”).

Contract
Patent License Agreement • December 21st, 2016 • Adomani, Inc. • Motor vehicle parts & accessories • California

THIS PATENT LICENSE – USE AND MANUFACTURING AGREEMENT (the “Agreement”) MADE BETWEEN: SILICON TURBINE SYSTEMS, INC., a DELAWARE corporation (Called “STS”) with an address of: 900 E. Hamilton Avenue, Suite 180 Campbell CA, 95008, USA and ADOMANI, INC. a FLORIDA corporation (called “Licensee”) whose address is: 1181 Cadillac court Milpitas CA, 95036.

AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • May 20th, 2026 • Envirotech Vehicles, Inc. • Motor vehicle parts & accessories

This Amendment to Employment Agreement (this “Amendment”) is entered into as of May 19, 2026, by and between Envirotech Vehicles, Inc., a Delaware corporation (the “Company”), and Phillip Oldridge. Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Employment Agreement (as defined below).

CONSULTING SERVICES AGREEMENT
Consulting Services Agreement • December 21st, 2016 • Adomani, Inc. • Motor vehicle parts & accessories • California

THIS AGREEMENT will be made effective as of the date that ADOMANI, Inc. signs and dates, provided said date is on or before February 19, 2016, beyond which point the terms of this Agreement will expire and a new Agreement must be furnished by TriplePoint, LLC.

Amended and Restated Agreement and Plan of Merger by and among Azio AI Corporation; Envirotech Vehicles, Inc., EV-AZ Merger Sub, Inc., and Azio AI, LLC Dated as of July 2, 2026
Agreement and Plan of Merger • July 6th, 2026 • Envirotech Vehicles, Inc. • Motor vehicle parts & accessories • Delaware

This Amended and Restated Agreement and Plan of Merger (this “Agreement”) is entered into as of July 2, 2026 (the “Effective Date”) by and among (i) Azio AI Corporation, a Delaware corporation (the “Company”), (ii) Envirotech Vehicles, Inc., a Delaware corporation (“Parent”), (iii) EV-AZ Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“First Merger Sub”), and (iv) Azio AI, LLC, a Delaware limited liability company and a wholly owned subsidiary of Parent (“Second Merger Sub” and, together with First Merger Sub, the “Merger Subs” and, together with Parent, the “Parent Parties”). Each of Parent, the Company, First Merger Sub and Second Merger Sub are referred to herein as a “Party” and together as the “Parties”.

PLACEMENT AGENCY AGREEMENT
Placement Agency Agreement • January 8th, 2018 • Adomani, Inc. • Motor vehicle parts & accessories • New York

ADOMANI, Inc., a Delaware corporation (the “Company”), proposes to issue and sell up to an aggregate of 3,666,667 units (the “Units”), each comprised of one share of the Company’s common stock, par value $0.00001 per share (“Common Stock”) and a warrant to purchase 1.5 shares of Common Stock (a “Warrant”), to investors deemed acceptable by the Company (the “Investors”). The shares of Common Stock and the Warrants are immediately separable and will be issued separately.

JAMES L. REYNOLDS EMPLOYMENT AGREEMENT WITH ADOMANI, INC.
Employment Agreement • March 10th, 2020 • Adomani, Inc. • Motor vehicle parts & accessories • California

This EMPLOYMENT AGREEMENT is entered into by and between ADOMANI, INC., a Delawarecorporation (the "Company"), with its corporate headquarters located at 4740 Green River Road, Corona, California 92880 and JAMES L. REYNOLDS, the undersigned individual ("Executive"), with his address located at 10459 Apache River Avenue, Fountain Valley, California 92708.

EMPLOYMENT AGREEMENT
Employment Agreement • January 7th, 2022 • Envirotech Vehicles, Inc. • Motor vehicle parts & accessories • California

This EMPLOYMENT AGREEMENT (the “Agreement”) is entered into by and between ENVIROTECH VEHICLES, INC., a Delaware corporation (the “Company”), with its corporate headquarters located at 1215 Graphite Drive, Corona, California 92881, and SUSAN M. EMRY, the undersigned individual (“Executive”), with her address located at 1425 Ohlendorf Road, LLC 425 W. Capitol Avenue, Suite 1800, Little Rock, Arkansas 72201, attention Michele Simmons Allgood.

ADOMANI, INC. TERMINATION AGREEMENT
Termination Agreement • April 7th, 2017 • Adomani, Inc. • Motor vehicle parts & accessories • California

THIS TERMINATION AGREEMENT (the “Agreement”) is entered into as of March 20, 2017 (the “Agreement Date”) by and among ADOMANI, Inc., a Delaware corporation (the “Company”), Dennis Di Ricco, an individual (the “Advisor”) and Taxes by DDR, Inc., an entity wholly-owned by Advisor (“Taxes by DDR”).

AGREEMENT AND PLAN OF MERGER
Merger Agreement • February 17th, 2021 • Adomani, Inc. • Motor vehicle parts & accessories • Delaware
SUBSCRIPTION AGREEMENT Common Stock of ADOMANI, Inc.
Subscription Agreement • January 17th, 2017 • Adomani, Inc. • Motor vehicle parts & accessories • Delaware

This subscription (this “Subscription”) is dated , 2017, by and between the investor identified on the signature page hereto (the “Investor”) and ADOMANI, Inc., a Delaware corporation (the “Company”), whereby the parties agree as follows:

AMENDED AND RESTATED STANDBY EQUITY PURCHASE AGREEMENT
Standby Equity Purchase Agreement • November 1st, 2024 • Envirotech Vehicles, Inc. • Motor vehicle parts & accessories • New York

THIS AMENDED AND RESTATED STANDBY EQUITY PURCHASE AGREEMENT (this “Agreement”) dated as of October 31, 2024, is made by and between YA II PN, LTD., a Cayman Islands exempt limited company (the “Investor”), and ENVIROTECH VEHICLES, INC., a company incorporated under the laws of the State of Delaware (the “Company”). The Investor and the Company may be referred to herein individually as a “Party” and collectively as the “Parties.”

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • September 28th, 2026 • Azio Ai Holdings, Inc. • Motor vehicle parts & accessories

THIS REGISTRATION RIGHTS AGREEMENT (this “Agreement”) dated as of September 25, 2026 is made by and between YA II PN, LTD., a Cayman Islands exempt limited company (the “Investor”), and AZIO AI HOLDINGS, INC. (formerly, Envirotech Vehicles, Inc.), a Delaware corporation (the “Company”). The Investor and the Company may be referred to herein individually as a “Party” and collectively as the “Parties.”

MEMBERSHIP INTEREST PURCHASE AGREEMENT
Membership Interest Purchase Agreement • November 5th, 2024 • Envirotech Vehicles, Inc. • Motor vehicle parts & accessories • Delaware

This Membership Interest Purchase Agreement (this “Agreement”), dated as of October 30, 2024, is entered into by and among (i) Maddox Industries, LLC, a Puerto Rico limited liability company (the “Company”), (ii) Jason Maddox, as the sole member of the Company and (the “Seller”), and (iii) Envirotech Vehicles, Inc., a Delaware corporation (the “Buyer”). The Company, the Seller and the Buyer are each referred to herein as a “Party” and collectively at the “Parties.”

SECURITY AGREEMENT
Security Agreement • August 14th, 2020 • Adomani, Inc. • Motor vehicle parts & accessories
EXCHANGE AGREEMENT
Exchange Agreement • December 3rd, 2020 • Adomani, Inc. • Motor vehicle parts & accessories • New York

EXCHANGE AGREEMENT (the “Agreement”) is made as of the 2nd day of December, 2020, by and between ADOMANI, Inc., a Delaware corporation (the “Company”), and the parties identified as a "Holder" or “Holders” on the signature page hereto (collectively, the “Holders”). Notwithstanding the foregoing, in the event that there is only one Holder as a party to this Agreement, then any and all references to Holders shall mean Holder.

SUBLEASE AGREEMENT (Maddox Defense, Inc. to Envirotech Vehicles, Inc. and Maddox Industries, Inc.)
Sublease Agreement • April 13th, 2026 • Envirotech Vehicles, Inc. • Motor vehicle parts & accessories • Texas

This Sublease Agreement (the “Sublease”) is made as of February1, 2025, by and between Maddox Defense, Inc., a California corporation with offices at 7510 Ardmore St., Houston, TX 77054 (“Sublandlord”), and Envirotech Vehicles, Inc., a Delaware corporation, and its wholly owned subsidiary Maddox Industries, Inc., collectively referred to herein as “Subtenant,” with principal business offices at1425Ohlendorf Road Osceola, Arkansas 72370.

SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • March 9th, 2026 • Envirotech Vehicles, Inc. • Motor vehicle parts & accessories

THIS SECURITIES PURCHASE AGREEMENT (this “Agreement”), dated as of March 6, 2026, is between ENVIROTECH VEHICLES INC., a company incorporated under the laws of the State of Delaware (the “Company”), and the investor listed on Schedule I hereto (“Buyer”).