0001144204-07-062268 Sample Contracts

AMENDMENT TO SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • November 15th, 2007 • Solomon Technologies Inc • Motors & generators

THIS AMENDMENT TO SECURITIES PURCHASE AGREEMENT (the “Amendment”), dated August 17, 2007, by and among Solomon Technologies, Inc. (“STI”), Power Designs, Inc. (“PDI”) and Integrated Power Systems LLC (“IPS”), amends that certain Securities Purchase Agreement, dated as of August 17, 2006, by and among STI, IPS, PDI, and such other parties as listed therein (the “Purchase Agreement”) solely with respect to the rights and obligations of STI, PDI and IPS.

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AMENDMENT AGREEMENT
Amendment Agreement • November 15th, 2007 • Solomon Technologies Inc • Motors & generators

This Amendment Agreement (this “Amendment No. 1”), dated as of October 25, 2007 (the “Amendment Date”), amends that certain Securities Purchase Agreement dated as of August 30, 2007 (the “Agreement”), by and among Solomon Technologies, Inc., a Delaware corporation, and each purchaser identified on the signature pages thereto (collectively, the “Parties” to the Agreement). Any capitalized terms not defined in this letter shall have the same meanings as in the Agreement.

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