0001493152-23-023008 Sample Contracts

SECTION 382 TAX BENEFITS PRESERVATION PLAN by and between OCEAN POWER TECHNOLOGIES, INC. and COMPUTERSHARE TRUST COMPANY, N.A., as Rights Agent Dated as of June 29, 2023

Preferred Stock • June 30th, 2023 • Ocean Power Technologies, Inc. • Electric services • Delaware

• Contract Type
  Preferred Stock
• Filed
  June 30th, 2023
• Company
  Ocean Power Technologies, Inc.
• Industry
  Electric services
• Jurisdiction
  Delaware

WHEREAS, the Company and certain of its Subsidiaries (as hereinafter defined) have generated certain Tax Benefits (as hereinafter defined) for United States federal income tax purposes which the Company views as valuable assets of the Company;