0001213900-18-013306 Sample Contracts

Workhorse Group Inc. – WORKHORSE GROUP INC. DIRECTOR NONSTATUTORY STOCK OPTION AGREEMENT (October 1st, 2018)

This Director Nonstatutory Stock Option Agreement (“Agreement”) is made and entered into as of the date set forth below, by and between WORKHORSE GROUP INC., a Nevada corporation (the “Company”), and the following Director of the Company (herein, the “Optionee”):

Workhorse Group Inc. – Workhorse Group Inc. (October 1st, 2018)

We are pleased to offer you the role as a director of the Board of Directors (the “Board”) of Workhorse Group Inc. (the “Company”). This letter contains the terms of your appointment as a director of the Board of Directors of the Company and will be effective from the date of the signing of this letter.