Common use of Acknowledgement of Full Understanding Clause in Contracts

Acknowledgement of Full Understanding. YOU ACKNOWLEDGE AND AGREES THAT YOU HAVE FULLY READ, UNDERSTANDS AND VOLUNTARILY ENTER INTO THIS AGREEMENT. YOU FURTHER ACKNOWLEDGE AND AGREE THAT YOU HAVE HAD AN OPPORTUNITY TO ASK QUESTIONS AND CONSULT WITH AN ATTORNEY OF YOUR CHOICE BEFORE SIGNING THIS AGREEMENT. To indicate your acceptance of the terms and conditions of this Agreement, please sign and date this Agreement in the space provided below and return it to me. ACCEPTED AND AGREED: Signed: /s/ Xxx X. Xxxxxxx /s/ Xxxx Xx Xxx Xxxx Xxxxxxx Xxxx Xx Chief Executive Officer Karat Packaging Inc. Date: April 19, 2021 Date: April 19, 2021 ATTACHMENT A Permitted Boards

Acknowledgement of Full Understanding. YOU ACKNOWLEDGE AND AGREES THAT YOU HAVE FULLY READ, UNDERSTANDS AND VOLUNTARILY ENTER INTO THIS AGREEMENT. YOU FURTHER ACKNOWLEDGE AND AGREE THAT YOU HAVE HAD AN OPPORTUNITY TO ASK QUESTIONS AND CONSULT WITH AN ATTORNEY OF YOUR CHOICE BEFORE SIGNING THIS AGREEMENT. To indicate your acceptance of the terms and conditions of this Agreement, please sign and date this Agreement in the space provided below and return it to me. ACCEPTED AND AGREED: Signed: /s/ Xxxx Xxx X. Xxxxxxx /s/ Xxxx Xx Xxxx Xxx Xxxx Xxxxxxx Xxxx Xx Chief Executive Officer Karat Packaging Inc. Date: April 19February 1, 2021 2022 Date: April 19February 1, 2021 2022 ATTACHMENT A Permitted Boards

Acknowledgement of Full Understanding. YOU ACKNOWLEDGE AND AGREES THAT YOU HAVE FULLY READ, UNDERSTANDS AND VOLUNTARILY ENTER INTO THIS AGREEMENT. YOU FURTHER ACKNOWLEDGE AND AGREE THAT YOU HAVE HAD AN OPPORTUNITY TO ASK QUESTIONS AND CONSULT WITH AN ATTORNEY OF YOUR CHOICE BEFORE SIGNING THIS AGREEMENT. To indicate your acceptance of the terms and conditions of this Agreement, please sign and date this Agreement in the space provided below and return it to me. ACCEPTED AND AGREED: Signed: /s/ Xxx X. Xxxxxxx /s/ Xxxx Xx Xxx Xxxx Xxxxxxx /s/ Xxxxxx Xxxxx Xxxx Xx Xxxxxx Xxxxx Chief Executive Officer Vice President – Manufacturing, and Secretary Karat Packaging Inc. Date: April 19, 2021 Date: April 19, 2021 ATTACHMENT A Permitted Boards

Acknowledgement of Full Understanding. YOU ACKNOWLEDGE AND AGREES THAT YOU HAVE FULLY READ, UNDERSTANDS AND VOLUNTARILY ENTER INTO THIS AGREEMENT. YOU FURTHER ACKNOWLEDGE AND AGREE THAT YOU HAVE HAD AN OPPORTUNITY TO ASK QUESTIONS AND CONSULT WITH AN ATTORNEY OF YOUR CHOICE BEFORE SIGNING THIS AGREEMENT. To indicate your acceptance of the terms and conditions of this Agreement, please sign and date this Agreement in the space provided below and return it to me. ACCEPTED AND AGREED: Signed: /s/ Xxx X. Xxxxxxx Xxxxxx Xxxx /s/ Xxxx Xx Xxx Xxxxxx Xxxx Xxxxxxx Xxxx Xx Chief Operating Officer Chief Executive Officer Karat Packaging Inc. Date: April 19, 2021 Date: April 19, 2021 ATTACHMENT A Permitted Boards

Acknowledgement of Full Understanding. YOU ACKNOWLEDGE AND AGREES THAT YOU HAVE FULLY READ, UNDERSTANDS AND VOLUNTARILY ENTER INTO THIS AGREEMENT. YOU FURTHER ACKNOWLEDGE AND AGREE THAT YOU HAVE HAD AN OPPORTUNITY TO ASK QUESTIONS AND CONSULT WITH AN ATTORNEY OF YOUR CHOICE BEFORE SIGNING THIS AGREEMENT. To indicate your acceptance of the terms and conditions of this Agreement, please sign and date this Agreement in the space provided below and return it to me. ACCEPTED AND AGREED: Signed: /s/ Xxx X. Xxxxxxx Xxxxxx Xxxxx /s/ Xxxx Xx Xxx Xxxx Xxxxxxx Xxxxxx Xxxxx Xxxx Xx Vice President – Manufacturing, and Secretary Chief Executive Officer Karat Packaging Inc. Date: April 19, 2021 Date: April 19, 2021 ATTACHMENT A Permitted Boards