0001731122-26-000004 Sample Contracts

FONAR, LLC CLASS B MEMBERSHIP INTEREST UNITS SUBSCRIPTION AGREEMENT
Class B Membership Interest Units Subscription Agreement • January 2nd, 2026 • Damadian Timothy Raymond • Electromedical & electrotherapeutic apparatus • Delaware

THE CLASS B MEMBERSHIP INTEREST UNITS OF FONAR, LLC (THE “CLASS B UNITS”) HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 OR THE SECURITIES LAWS OF ANY STATE OR ANY OTHER JURISDICTION. THERE ARE FURTHER RESTRICTIONS ON THE TRANSFERABILITY OF THE CLASS B UNITS DESCRIBED HEREIN.

AGREEMENT AND PLAN OF MERGER By and Among FONAR CORPORATION, FONAR, LLC, and FONAR ACQUISITION SUB, INC. Dated as of December 23, 2025 AGREEMENT AND PLAN OF MERGER
Merger Agreement • January 2nd, 2026 • Damadian Timothy Raymond • Electromedical & electrotherapeutic apparatus • New York

This Agreement and Plan of Merger (this “Agreement”), is entered into as of December 23, 2025, by and among FONAR Corporation, a Delaware corporation (the “Company”), FONAR, LLC, a Delaware limited liability company (“Parent”), and FONAR Acquisition Sub, Inc., a Delaware corporation and a wholly owned Subsidiary of Parent (“Merger Sub”). Capitalized terms used herein (including in the immediately preceding sentence) and not otherwise defined herein shall have the meanings set forth in Section 8.01 hereof.

VOTING AGREEMENT
Voting Agreement • January 2nd, 2026 • Damadian Timothy Raymond • Electromedical & electrotherapeutic apparatus • Delaware

This VOTING AGREEMENT (this “Agreement”), dated as of December 23, 2025, is entered into by and among FONAR Corporation, Inc., a Delaware corporation (the “Company”), and each of the stockholders of the Company listed on Annex A hereto (each a “Stockholder” and collectively, the “Stockholders”).

FONAR, LLC SUBORDINATED SECURED 7% PROMISSORY NOTE SUBSCRIPTION AGREEMENT
Subordinated Secured Promissory Note Subscription Agreement • January 2nd, 2026 • Damadian Timothy Raymond • Electromedical & electrotherapeutic apparatus • Delaware

THE SUBORDINATED SECURED 7% PROMISSORY NOTES OF FONAR, LLC (THE “SUBORDINATED NOTES”) HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 OR THE SECURITIES LAWS OF ANY STATE OR ANY OTHER JURISDICTION. THERE ARE FURTHER RESTRICTIONS ON THE TRANSFERABILITY OF THE SUBORDINATED NOTES DESCRIBED HEREIN.