SolarMax Technology, Inc.SolarMax Technology, Inc. • December 20th, 2019 • Retail-building materials, hardware, garden supply
Reference is made to the Stock Grant which was granted to you on October 7, 2016. Pursuant to the agreement relating to the issuance of the Stock Grant, your right to the shares of common stock of SolarMax Technology, Inc. (the “Company”) represented by the Stock Grant will vest six months after a Public Stock Event. As you may be aware, the Company filed a registration statement with respect to its initial public offering on December 24, 2018. If the Company does not complete a public stock event by April 30, 2019, which date may be extended by the Company, the shares issued in the Stock Grant become forfeitable and are to be conveyed to the Company for no consideration.
AGREEMENTAgreement • December 20th, 2019 • SolarMax Technology, Inc. • Retail-building materials, hardware, garden supply • Nevada
THIS AGREEMENT (the “Agreement”) is made as of _________, 20__ (the “Effective Date”) by and between __________, an individual residing at (“Limited Partner”), Clean Energy Funding, LP, a California limited partnership having its principal place of business at 3080 12th Street, Riverside, CA 92507 (the “Partnership”), Solarmax Renewable Energy Provider, Inc., a California corporation having a principal place of business at 3080 12th Street, Riverside, California 92507 (“SREP”) and SolarMax Technology, Inc., a Nevada corporation having a principal place of business at 3080 12th Street, Riverside, California 92507 (“SolarMax” and, together with the Limited Partner, the Partnership, SREP and SolarMax, the “Parties” and each, individually, a “Party”).
NEITHER THIS NOTE NOR THE SHARES OF COMMON STOCK INTO WHICH THIS NOTE IS CONVERTIBLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE...SolarMax Technology, Inc. • December 20th, 2019 • Retail-building materials, hardware, garden supply • Nevada
FOR VALUE RECEIVED, SolarMax Technology, Inc., a Nevada corporation (the “Company”) and Solarmax Renewable Energy Provider, Inc., a California corporation and wholly-owned subsidiary of the Company (the “Subsidiary”) jointly and severally promise to pay to __or registered assigns (the “Holder”), the principal sum of $__ in five equal installments of $ __on the first, second, third, fourth and fifth anniversaries of the Original Issue Date, and to pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 4% per annum in accordance with the provisions hereof. This Note was issued pursuant to the Exchange Agreement, as hereinafter defined. This Note is subject to the following additional provisions:
Supplemental agreementSupplemental Agreement • December 20th, 2019 • SolarMax Technology, Inc. • Retail-building materials, hardware, garden supply
Through friendly negotiation, both parties agree to make the following supplementary agreement regarding the project contract of 30MWp agricultural photovoltaic power station project of xinren signed in July 2019 (contract no. : smx-jszh-2019-035) :
December 17, 2019 SolarMax Technology, Inc.SolarMax Technology, Inc. • December 20th, 2019 • Retail-building materials, hardware, garden supply
