Election and Nomination Agreement Sample Contracts

EXECUTION VERSION ELECTION AND NOMINATION AGREEMENT
Election and Nomination Agreement • May 5th, 2020 • Delaware

This Election and Nomination Agreement (this “Agreement”), dated June 1, 2016, and effective May 25, 2016 (the “Effective Date”), is by and among (i) Wynnefield Partners Small Cap Value, L.P., Wynnefield Partners Small Cap Value, L.P. I, Wynnefield Small Cap Value Offshore Fund, Ltd., Wynnefield Capital, Inc. Profit Sharing & Money Purchase Plan, Wynnefield Capital Management, LLC, Wynnefield Capital, Inc. (collectively, the “Shareholder Parties” and each individually, a “member” of the Shareholder Parties) and (ii) Global Power Equipment Group Inc. (the “Company”). Capitalized terms used but not otherwise defined herein shall have the meanings set forth in Section 20.

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