UNDERWRITING AGREEMENT [•] Shares Karat Packaging Inc. Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • March 30th, 2021 • Karat Packaging Inc. • Plastics products, nec • New York
Karat Packaging Inc., a Delaware corporation (the “Company”), proposes to issue and sell to the several underwriters named in Schedule I hereto (the “Underwriters”) for whom you are acting as representative (the “Representative”) an aggregate of [•] shares (the “Firm Shares”) of the common stock, par value $0.001 per share, of the Company (“Common Stock”). The Company also proposes to sell to the several Underwriters, for the sole purpose of covering over-allotments in connection with the sale of the Firm Shares, at the option of the Underwriters, up to an additional [•] shares of Common Stock (the “Option Shares”). The Firm Shares and the Option Shares are hereinafter referred to collectively as the “Shares”.
KARAT PACKAGING INC. 1,000,000 shares of common stock, par value $0.001 per share Underwriting AgreementLetter Agreement • September 12th, 2023 • Karat Packaging Inc. • Plastics products, nec • New York
Certain stockholders of Karat Packaging Inc., a Delaware corporation (the “Company”), listed in Schedule 2 hereto (the “Selling Stockholders”) propose to sell to Lake Street Capital Markets, LLC in its capacity as underwriter (the “Underwriter”), an aggregate of 1,000,000 shares of common stock, par value $0.001 per share (the “Common Stock”), of the Company (the “Underwritten Shares”) and, at the option of the Underwriter, up to an additional 150,000 shares of Common Stock (the “Option Shares”); provided, that the Option Shares to be sold to the Underwriter, if any, shall be sold by Marvin Cheng (“Mr. Cheng”), who is one of the Selling Stockholders. The Underwritten Shares and the Option Shares are herein referred to as the “Shares.” The shares of Common Stock to be outstanding after giving effect to the sale of the Shares are referred to herein as the “Stock.”
FORM OF KARAT PACKAGING INC. UNDERWRITING AGREEMENTUnderwriting Agreement • October 9th, 2019 • Karat Packaging Inc. • Plastics products, nec • New York
The undersigned, Karat Packaging Inc. (together with its affiliates, subsidiaries, predecessors, and successors, the “Company”), a company formed under the laws of the State of Delaware, hereby confirms its agreement with National Securities Corporation (hereinafter referred to as the “Representative”), a Washington corporation, and with the other underwriters named on Schedule 1 hereto for which the Representative is acting as representative (the Representative and such other underwriters being collectively called the “Underwriters” or, individually, an “Underwriter”) as follows:
FORM OF INDEMNIFICATION AGREEMENTForm of Indemnification Agreement • February 18th, 2021 • Karat Packaging Inc. • Plastics products, nec • Delaware
This INDEMNIFICATION AGREEMENT (“Agreement”), dated as of September 13, 2019, is by and between Karat Packaging Inc., a Delaware corporation (the “Company”) and [NAME OF DIRECTOR/OFFICER] (the “Indemnitee”).
Karat Packaging Inc. Chino, California 91708 AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • April 20th, 2021 • Karat Packaging Inc. • Plastics products, nec • Delaware
Your employment by Karat Packaging Inc., a Delaware corporation (the “Company”), shall be governed by the terms and conditions set forth below in this Employment Agreement (the “Agreement”), which will be effective immediately upon execution of this Agreement by both You and the Company (the “Effective Date”).
STOCK OPTION AGREEMENT2019 Stock Incentive Plan • February 18th, 2021 • Karat Packaging Inc. • Plastics products, nec • Delaware
THIS OPTION AGREEMENT (this “Agreement”), is made and effective as of this ____ day of ______________, 2019 (the “Grant Date”), by and between Karat Packaging Inc., a Delaware corporation (“Company”), and _________________ (“Optionee”).
FIRST AMENDMENT TO STANDARD INDUSTRIAL/COMMERICAL SINGLE-TENANT LEASE-GROSSKarat Packaging Inc. • February 18th, 2021 • Plastics products, nec
THIS FIRST AMENDMENT to Standard Industrial/Commercial Single-Tenant-Gross Lease (“Amendment”) is dated November 14, 2018, by and between FIRST INDUSTRIAL, L.P. (“Lessor”), and Lollicup USA, Inc., a California corporation (“Lessee”).
PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • February 18th, 2021 • Karat Packaging Inc. • Plastics products, nec • Texas
THIS PURCHASE AND SALE AGREEMENT (this “Agreement”) is made and entered into as of the 9 day of April, 2019 (the “Effective Date”), by and between GLOBAL WELLS INVESTMENT GROUP LLC, a Texas limited liability company (“Seller”), and ATOSA CATERING EQUIPMENT, INC., a California corporation (“Purchaser”).
FORM OF RESTRICTED STOCK UNIT AGREEMENT PURSUANT TO THE KARAT PACKAGING INC. 2019 STOCK INCENTIVE PLANRestricted Stock Unit Agreement • February 18th, 2021 • Karat Packaging Inc. • Plastics products, nec • Delaware
THIS AGREEMENT made as of the ___ day of ___________ 2019, between Karat Packaging Inc., a Delaware corporation, (the “Company”), and the individual whose name and signature appears on the signature page attached hereto (the “Participant”). Capitalized terms not defined herein shall have the meaning ascribed thereto in the Karat Packaging Inc. Stock Incentive Plan (as amended to date, the “Plan”). This Agreement shall be effective as of the date hereof (the “Effective Date”).
SHARE EXCHANGE AGREEMENT AND PLAN OF REORGANIZATIONShare Exchange Agreement and Plan of Reorganization • February 18th, 2021 • Karat Packaging Inc. • Plastics products, nec • Delaware
This Share Exchange Agreement and Plan of Reorganization (this “Agreement”) is dated as of September 27, 2018, by and among Karat Packaging Inc., a Delaware corporation (the “Holding Company”), Alan Yu, an individual (“Yu”), Marvin Cheng, an individual (“Cheng”), Karat Global Group, LTD., a Taiwan company limited by shares (“Karat”), and Plutus Investment Holding Company, a Taiwan company limited by shares (“Plutus” and together with Yu, Cheng and Karat, collectively the “Shareholders” and each, individually, a “Shareholder”), and Lollicup USA Inc., a California corporation (“Lollicup”). For purposes of this Agreement, the Holding Company, the Shareholders and Lollicup are sometimes collectively referred to as the “Parties” and each individually as a “Party.”
ASSIGNMENT AND ASSUMPTION OF GRANTS (3201 Capital Blvd., Rockwall, TX)Assignment and Assumption of Grants • October 13th, 2020 • Karat Packaging Inc. • Plastics products, nec • Texas
THIS ASSIGNMENT AND ASSUMPTION OF GRANTS (this “Assignment”) is made and entered into as of July 26, 2019, and is effective as of July 1, 2018 (the “Effective Date”), by and between GLOBAL WELLS INVESTMENT GROUP LLC, a Texas limited liability company (“Assignor”), and LOLLICUP USA INC., a California corporation (“Assignee”).
AMENDED AND RESTATED COMMERCIAL LEASE RECITALS:Commercial Lease • February 18th, 2021 • Karat Packaging Inc. • Plastics products, nec • Texas
Amendment to Employment AgreementAmendment to Employment Agreement • March 15th, 2024 • Karat Packaging Inc. • Plastics products, nec
This Amendment to Employment Agreement (this “Amendment”), is made and entered into on March 12, 2024, by and among Karat Packaging Inc., a Delaware corporation (the “Company”) and Alan Yu (the “Executive”). All capitalized terms used in this Amendment and not defined herein shall have the meanings set forth in the Amended Agreement.
ContractBusiness Loan Agreement • October 13th, 2020 • Karat Packaging Inc. • Plastics products, nec
BUSINESS LOAN AGREEMENT (ASSET BASED) References in the boxes above are for Lender's use only and do not limit the applicability of this document to any particular loan or item. Any item above containing "***" has been omitted due to text length limitations. THIS BUSINESS LOAN AGREEMENT (ASSET BASED) dated July 9, 2020, is made and executed between LOLLICUP USA INC., A CALIFORNIA CORPORATION ("Borrower") and HANMI BANK ("Lender") on the following terms and conditions. Borrower has received prior commercial loans from Lender or has applied to Lender for a commercial loan or loans or other financial accommodations, including those which may be described on any exhibit or schedule attached to this Agreement. Borrower understands and agrees that: (A) in granting, renewing, or extending any Loan, Lender is relying upon Borrower's representations, warranties, and agreements as set forth in this Agreement;(B) the granting, renewing, or extending of any Loan by Lender at all times shall be sub
EMPLOYMENT SEPARATION AGREEMENT AND GENERAL RELEASEEmployment Separation Agreement and General Release • August 31st, 2023 • Karat Packaging Inc. • Plastics products, nec • California
THIS EMPLOYMENT SEPARATION AGREEMENT AND GENERAL RELEASE (this “Agreement”) is made by and between Joanne Tzu-Jung Wang (“Wang”) and Karat Packaging, Inc., a Delaware corporation (“Karat” or the “Company”), with respect to the following facts:
EMPLOYMENT AGREEMENTEmployment Agreement • February 1st, 2022 • Karat Packaging Inc. • Plastics products, nec • Delaware
Your employment by Karat Packaging Inc., a Delaware corporation (the "Company"), shall be governed by the terms and conditions set forth below in this Employment Agreement (the "Agreement"), which will be effective immediately upon execution of this Agreement by both you and the Company (the "Effective Date").
BUSINESS LOAN AGREEMENT Borrower: GLOBAL WELLS INVESTMENT GROUP LLC 6185 KIMBALL AVENUE CHINO, CA 91708 Lender: East West Bank Loan Servicing Department 9300 Flair Drive, 6th Floor El Monte, CA 91731 THIS BUSINESS LOAN AGREEMENT dated June 15, 2022,...Business Loan Agreement • June 22nd, 2022 • Karat Packaging Inc. • Plastics products, nec • California
Amendment to Employment AgreementAmendment to Employment Agreement • March 15th, 2024 • Karat Packaging Inc. • Plastics products, nec
This Amendment to Employment Agreement (this “Amendment”), is made and entered into on March 12, 2024, by and among Karat Packaging Inc., a Delaware corporation (the “Company”) and Jian Guo (the “Executive”). All capitalized terms used in this Amendment and not defined herein shall have the meanings set forth in the Amended Agreement.
EMPLOYMENT AGREEMENTEmployment Agreement • October 11th, 2023 • Karat Packaging Inc. • Plastics products, nec
THIS EMPLOYMENT AGREEMENT (“Agreement”) is made as of October 5, 2023 (the “Effective Date”), by and between Karat Packaging, Inc. (together with its successors and assigns, the “Company”), and Daniel Quire (hereinafter “Quire” or referred to as “You,” “your” or “yours”).
AgreementAgreement • April 7th, 2022 • Karat Packaging Inc. • Plastics products, nec
Whereas Lollicup USA Inc. (hereinafter “Party A”) expects a 20% investment return from the operation of pulp molding environment product merchandise based on the “pulp molding environmental products” of HAPPINESS MOON CO., LTD. (福月有限公司) (hereinafter “Party B”), the parties wish to establish a company for such operation and have agreed to the following terms and conditions.
Date: June 10, 2022 To: Global Wells Investment Group LLC From: East West Bank Ref No: CFEWB2019061304 Subject: Agreement to Terminate Interest RateSwap Transaction The purpose of this agreement is to terminate the Interest Rate Swap transaction...Karat Packaging Inc. • August 11th, 2022 • Plastics products, nec
CONTRACT CHIEF FINANCIAL OFFICER AGREEMENTContract Chief Financial Officer Agreement • August 2nd, 2019 • Karat Packaging Inc. • Plastics products, nec • California
THIS CONTRACT CHIEF FINANCIAL OFFICER AGREEMENT (the “AGREEMENT”) is dated as of the 1st day of July, 2019. It is made and entered into by and between Karat Packaging Inc., a Delaware corporation, located at 6185 Kimball Ave., Chino, CA 91708 (hereinafter referred to as the “Company’), and PJ Tech LLP, a California Limited Liability Partnership, located at 555 West 5th Street, 35 Floor, Los Angeles, CA 90013 (hereinafter referred to as “PJ Tech”).
CONTRACT CHIEF FINANCIAL OFFICER AGREEMENTContract Chief Financial Officer Agreement • October 1st, 2021 • Karat Packaging Inc. • Plastics products, nec • California
THIS CONTRACT CHIEF FINANCIAL OFFICER AGREEMENT (the “Agreement”) is dated as of the October 1, 2021. It is made and entered into by and between Karat Packaging Inc., a Delaware corporation, located at 6185 Kimball Ave., Chino, CA 91708 (hereinafter referred to as the “Company"), and PJ LLP, a California Limited Liability Partnership, located at 800 South Figueroa Street, Suite 780, Los Angeles, CA 90017 (hereinafter referred to as “PJ”).
LEASE AGREEMENTLease Agreement • February 18th, 2021 • Karat Packaging Inc. • Plastics products, nec • New Jersey
THIS LEASE, dated this 16th day of July, 2020 by and between Global Wells Investment Group LLC, a Texas limited liability company ( the “Landlord”), and Lollicup USA, Inc, a California corporation (the “Tenant”).
