0001104659-21-085206 Sample Contracts

Amended and Restated Employment Agreement
Employment Agreement • June 24th, 2021 • Lordstown Motors Corp. • Motor vehicles & passenger car bodies • Ohio

THIS EMPLOYMENT AGREEMENT (this “Agreement”), made and entered into as of June 18, 2021 (the “Effective Date”), is by and between Lordstown Motors Corp., a Delaware corporation (“Company”), and Rich Schmidt (“Executive”). Certain capitalized terms shall have the meaning given to them in Section 7 below.

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Lordstown Motors Corp. Letterhead]
Lordstown Motors Corp. • June 24th, 2021 • Motor vehicles & passenger car bodies • Ohio

This letter agreement confirms the terms of your appointment as Executive Chair of Lordstown Motors Corp. (the “Company”), effective as of June 18, 2021 (the “Effective Date”).

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