0001640334-22-001007 Sample Contracts

SolarMax Technology, Inc.
SolarMax Technology, Inc. • May 16th, 2022 • 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.

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SolarMax Technology, Inc.
SolarMax Technology, Inc. • May 16th, 2022 • 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.

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • May 16th, 2022 • SolarMax Technology, Inc. • Retail-building materials, hardware, garden supply • California

AGREEMENT dated as the 7th day of October, 2016, by and between SolarMax Technology, Inc., a Nevada corporation with its principal office at 3080 12th Street, Riverside, California 92507 (the “Company”), and David Hsu, (the “Executive”), whose address is .

LOAN AGREEMENT
Loan Agreement • May 16th, 2022 • SolarMax Technology, Inc. • Retail-building materials, hardware, garden supply • California

THIS LOAN AGREEMENT (“Agreement”) is entered into as of the 26th day of August, 2014, by and between Solarmax LED, Inc., a California corporation, (“Borrower”) and Clean Energy Funding II, LP, a limited partnership organized in California, (“Lender”), with reference to the following facts:

LOAN AGREEMENT
Loan Agreement • May 16th, 2022 • SolarMax Technology, Inc. • Retail-building materials, hardware, garden supply • California

THIS LOAN AGREEMENT (“Agreement”) is entered into as of the 3rd day of January, 2012, by and between Solarmax Renewable Energy Provider, Inc., a California corporation, (“Borrower”) and Clean Energy Funding, LP, a limited partnership organized in California, (“Lender”), with reference to the following facts:

SOLARMAX TECHNOLOGY, INC. Restricted Stock Agreement
Restricted Stock Agreement • May 16th, 2022 • SolarMax Technology, Inc. • Retail-building materials, hardware, garden supply • Nevada

This Restricted Stock Award Agreement evidences a grant of Restricted Stock pursuant to the provisions of the 2016 Long-Term Incentive Plan (the “Plan”) of SolarMax Technology, Inc., a Nevada corporation (the “Company”) to the individual whose name appears below (the “Participant”), pursuant to the provisions of the Plan and on the following terms and conditions (capitalized terms not otherwise defined herein shall have the meaning ascribed thereto in the Plan):

Dated: ______________, 2016 SolarMax Technology, Inc.
SolarMax Technology, Inc. • May 16th, 2022 • Retail-building materials, hardware, garden supply • Nevada
PROMISSORY NOTE
Promissory Note • May 16th, 2022 • SolarMax Technology, Inc. • Retail-building materials, hardware, garden supply • California
AGREEMENT
Agreement • May 16th, 2022 • 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. • May 16th, 2022 • 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:

CHANNEL AGREEMENT between Sunrun Inc. and Solarmax Renewable Energy Provider, Inc. dated January 21, 2015 TABLEOFCONTENTS
Channel Agreement • May 16th, 2022 • SolarMax Technology, Inc. • Retail-building materials, hardware, garden supply • California

This CHANNEL AGREEMENT (“Agreement”) is made as of January 21, 2015 and shall be effective as of January 25, 2015 (“Effective Date”), by and between Sunrun Inc., a Delaware corporation (“Sunrun”) and Solarmax Renewable Energy Provider, Inc., a California corporation (“Contractor”). Sunrun and Contractor may be referred to herein in the singular as “Party” or jointly as “Parties”.

December 26, 2020 SolarMax Technology, Inc.
SolarMax Technology, Inc. • May 16th, 2022 • Retail-building materials, hardware, garden supply
December 26, 2020 SolarMax Technology, Inc.
SolarMax Technology, Inc. • May 16th, 2022 • Retail-building materials, hardware, garden supply
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