SERIES C COMMON STOCK PURCHASE WARRANT ideal power inc.Ideal Power Inc. • August 3rd, 2020 • Electrical industrial apparatus
THIS SERIES C COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____________ or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on August 4, 2025 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Ideal Power Inc., a Delaware corporation (the “Company”), up to ______ shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • November 13th, 2019 • Ideal Power Inc. • Electrical industrial apparatus • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of November 7, 2019, between Ideal Power Inc., a Delaware corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively, the “Purchasers”).
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • November 13th, 2019 • Ideal Power Inc. • Electrical industrial apparatus
This Registration Rights Agreement (this “Agreement”) is made and entered into as of November 13, 2019, between Ideal Power Inc., a Delaware corporation (the “Company”), and each of the several purchasers signatory hereto (each such purchaser, a “Purchaser” and, collectively, the “Purchasers”).
UNDERWRITING AGREEMENT between IDEAL POWER INC. and THE BENCHMARK COMPANY, LLC as Representative of the Several Underwriters IDEAL POWER INC. UNDERWRITING AGREEMENT February 8, 2021Underwriting Agreement • February 10th, 2021 • Ideal Power Inc. • Electrical industrial apparatus • New York
The undersigned, Ideal Power Inc., a corporation formed under the laws of the state of Delaware (the “Company”), hereby confirms its agreement (this “Agreement”) with The Benchmark Company, LLC (hereinafter referred to as “you” (including its correlatives) or the “Representative”) and with the other underwriters named on Schedule 1 hereto for which the Representative is acting as representative (the Representative and such other underwriters being collectively called the “Underwriters” or, individually, an “Underwriter” and to the extent there is only a single Underwriter, the term “Underwriters” shall be deemed to refer to the single Underwriter, mutatis mutandis) as follows:
IDEAL POWER INC. 1,935,500 Shares of Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • May 15th, 2015 • Ideal Power Inc. • Electrical industrial apparatus • New York
Ideal Power Inc., a Delaware corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to the underwriters named in Schedule I hereto (the “Underwriters,” or each, an “Underwriter”), for whom Roth Capital Partners, LLC is acting as representative (the “Representative”), an aggregate of 1,935,500 shares (the “Firm Shares”) of common stock, par value $0.001 per share (the “Common Stock”), of the Company. The Company has granted the Underwriters the option to purchase an aggregate of up to 290,325 shares (the “Option Shares”) of Common Stock as may be necessary to cover over-allotments made in connection with the offering. The Firm Shares and the Option Shares are collectively referred to as the “Securities”.
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • February 27th, 2017 • Ideal Power Inc. • Electrical industrial apparatus • New York
This Registration Rights Agreement (the “Agreement”) is made and entered into as of this 24th day of February, 2017 by and among Ideal Power Inc., a Delaware corporation (the “Company”), and the “Investors” named in that certain Purchase Agreement (the “Purchase Agreement”) by and among the Company and the Investors (as defined below). Capitalized terms used herein have the respective meanings ascribed thereto in the Purchase Agreement unless otherwise defined herein.
PURCHASE AGREEMENTPurchase Agreement • February 27th, 2017 • Ideal Power Inc. • Electrical industrial apparatus • New York
THIS PURCHASE AGREEMENT (“Agreement”) is made as of the 24th day of February, 2017 by and among Ideal Power Inc., a Delaware corporation (the “Company”), and the Investors set forth on the signature pages affixed hereto (each an “Investor” and collectively the “Investors”).
PRE-FUNDED COMMON STOCK PURCHASE WARRANT IDEAL POWER INC.Ideal Power Inc. • March 28th, 2024 • Semiconductors & related devices
THIS PRE-FUNDED COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____________ or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) until this Warrant is exercised in full (the “Termination Date”) but not thereafter, to subscribe for and purchase from Ideal Power Inc. a Delaware corporation (the “Company”), up to ______ shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
IDEAL POWER INC. UNDERWRITING AGREEMENTUnderwriting Agreement • September 18th, 2013 • Ideal Power Inc. • Electrical industrial apparatus • New York
The undersigned, Ideal Power Inc., a Delaware corporation (the “Company”), hereby confirms its agreement with MDB Capital Group, LLC (hereinafter referred to as “you” (including its correlatives) or the “Underwriter”), as follows:
THIS WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY OTHER SECURITIES LAWS AND MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED, PLEDGED OR...Ideal Power Inc. • September 18th, 2013 • Electrical industrial apparatus • New York
This UNDERWRITER’S WARRANT (this “Warrant”) of Ideal Power Inc., a corporation, duly organized and validly existing under the laws of the State of Delaware (the “Company”), is being issued pursuant to that certain Underwriting Agreement, dated as of __________, 2013 (the “Underwriting Agreement”), between the Company and MDB Capital Group, LLC (the “Underwriter”) relating to a firm commitment public offering (the “Offering”) of ________ shares of common stock, $0.001 par value per share, of the Company (the “Common Stock”) underwritten by the Underwriter.
EMPLOYMENT AGREEMENTEmployment Agreement • March 30th, 2016 • Ideal Power Inc. • Electrical industrial apparatus
This EMPLOYMENT AGREEMENT (“Agreement”), which is dated August 11, 2014 (the “Effective Date”), is made by and between Ideal Power Inc., a Delaware corporation, located at 4120 Freidrich Lane, Suite 100, Austin, Texas, 78744 and hereinafter referred to as “Company”, and Ryan O’Keefe, whose address is 15505 Boulder Heights Austin, TX 78738, hereinafter referred to as “Executive.” The purpose of this Agreement is to confirm the terms of the employment relationship between Company and Executive.
MDB Capital Group, LLCIdeal Power Inc. • August 6th, 2013
ContractIdeal Power Inc. • August 6th, 2013 • New York
THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY OTHER JURISDICTION. BY ACQUIRING THIS NOTE, THE HOLDER REPRESENTS THAT THE HOLDER WILL NOT SELL OR OTHERWISE DISPOSE OF THIS NOTE WITHOUT REGISTRATION OR COMPLIANCE WITH AN EXEMPTION FROM REGISTRATION UNDER THE AFORESAID ACTS AND THE RULES AND REGULATIONS THEREUNDER.
IDEAL POWER CONVERTERS, INC. REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • August 6th, 2013 • Ideal Power Inc. • New York
This REGISTRATION RIGHTS AGREEMENT (this “Agreement”), dated as of October [___], 2012, is made and entered into by and between Ideal Power Converters, Inc., a Texas corporation with headquarters located at5004 Bee Creek Road, Suite 600 Spicewood, Texas 78669 (the “Company”), and each of the purchasers set forth on the signature pages hereto (the “Purchasers”).
No. __Issue Date: July____, 2012Stock Purchase Warrant • September 18th, 2013 • Ideal Power Inc. • Electrical industrial apparatus • Delaware
THIS WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE. THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF A REGISTRATION STATEMENT IN EFFECT WITH RESPECT TO THE SECURITIES UNDER SUCH ACT AND/OR APPLICABLE STATE SECURITIES LAWS, OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED OR UNLESS SOLD PURSUANT TO RULE 144 OF SUCH ACT.
IDEAL POWER CONVERTERS, INC. STOCK PURCHASE WARRANTStock Purchase Warrant • August 6th, 2013 • Ideal Power Inc. • New York
THIS CERTIFIES that MDB Capital Group, LLC (the “Holder”) is entitled, upon the terms and subject to the conditions hereinafter set forth in this Warrant (this “Warrant”), at any time on or after (except as otherwise limited below) the date of the applicable event specified in Section 2 below setting forth the Exercise Price and on or prior to the Expiration Date, but not thereafter, to subscribe for and to purchase from Ideal Power Converters, Inc., a Texas corporation (the “Company”), 222,603 shares of the Company's common stock, $0.001 par value (the “Common Stock”).
SEPARATION AND RELEASE AGREEMENTSeparation and Release Agreement • December 10th, 2013 • Ideal Power Inc. • Electrical industrial apparatus • Texas
This Separation and Release Agreement (this “Agreement”) is made and entered into as of November 27, 2013, by and between Charles De Tarr (“you” or “your”) and Ideal Power Inc., a Delaware corporation (the “Company”). You and the Company are sometimes each referred to herein as a “Party” and collectively, as the “Parties”.
AWARD FORFEITURE AGREEMENTAward Forfeiture Agreement • May 15th, 2019 • Ideal Power Inc. • Electrical industrial apparatus • Delaware
This Award Forfeiture Agreement (the “Agreement”) is made and entered into as of April 4, 2019, by and between, Ideal Power Inc., a Delaware corporation (the “Company”), and R. Daniel Brdar (the “Recipient”).
AWARD FORFEITURE AGREEMENTAward Forfeiture Agreement • May 15th, 2019 • Ideal Power Inc. • Electrical industrial apparatus • Delaware
This Award Forfeiture Agreement (the “Agreement”) is made and entered into as of April 4, 2019, by and between, Ideal Power Inc., a Delaware corporation (the “Company”), and David Eisenhaure (the “Recipient”).
SUBSCRIPTION AND STOCK PURCHASE AGREEMENT OF IDEAL POWER CONVERTERS, INC.Subscription and Stock Purchase Agreement • September 18th, 2013 • Ideal Power Inc. • Electrical industrial apparatus
NOTICE: THE SECURITIES REPRESENTED BY THIS INSTRUMENT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR QUALIFIED UNDER APPLICABLE STATE SECURITIES LAWS AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED, PLEDGED OR HYPOTHECATED UNLESS AND UNTIL REGISTERED UNDER SUCH ACT AND QUALIFIED UNDER APPLICABLE STATE SECURITIES LAWS, OR UNLESS THE CORPORATION HAS RECEIVED AN OPINION OF COUNSEL OR OTHER EVIDENCE, REASONABLY SATISFACTORY TO THE CORPORATION AND ITS COUNSEL, THAT SUCH REGISTRATION OR QUALIFICATION IS NOT REQUIRED.
SECURITY AGREEMENTSecurity Agreement • August 6th, 2013 • Ideal Power Inc. • New York
THIS SECURITY AGREEMENT (the “Agreement”), dated as of November 21, 2012, is entered into by and among IDEAL POWER CONVERTERS, INC., a Texas corporation (“Debtor”), the Subscribers identified on Schedule 1 hereto (the “Subscribers”), who are parties to the Securities Purchase Agreement dated as of August 31, 2012 (the “August Purchase Agreement”) and to the Securities Purchase Agreement dated as of October , 2012 (the “October Purchase Agreement” and together with the August Purchase Agreement, the "Purchase Agreements"), by and among Debtor and such Subscribers, and Anthony DiGiandomenico (“Collateral Agent”).
ASSET PURCHASE AGREEMENT between Ideal Power Inc. a Delaware corporation and CE+T Energy Solutions, Inc. a Delaware corporation Effective as of September 19, 2019 ASSET PURCHASE AGREEMENTAsset Purchase Agreement • September 24th, 2019 • Ideal Power Inc. • Electrical industrial apparatus • Delaware
This Asset Purchase Agreement is entered into as of September 19, 2019, by and between Ideal Power Inc., a Delaware corporation, (the “Seller”) and CE+T Energy Solutions, Inc., a Delaware corporation (the “Purchaser”). Certain capitalized terms used in this Agreement are defined in Exhibit A.
IDEAL POWER INC. UNDERWRITING AGREEMENTUnderwriting Agreement • November 5th, 2013 • Ideal Power Inc. • Electrical industrial apparatus • New York
SEPARATION AGREEMENT AND GENERAL RELEASE OF ALL CLAIMSSeparation Agreement and General Release • June 6th, 2017 • Ideal Power Inc. • Electrical industrial apparatus • Texas
This Separation Agreement and General Release of All Claims (“Separation Agreement”) is made by and between Ideal Power Inc. (“Company”) and Ryan O’Keefe (“Employee”) with respect to the following facts:
SUBLEASE AGREEMENTSublease Agreement • September 24th, 2019 • Ideal Power Inc. • Electrical industrial apparatus
THIS SUBLEASE AGREEMENT (“Agreement”) is made as of September 19, 2019, by and between IDEAL POWER INC., a Delaware corporation (“Sublandlord”), and CE+T Energy Solutions, Inc., a Delaware corporation (“Subtenant”).
MDB Capital Group, LLCIdeal Power Inc. • October 11th, 2013 • Electrical industrial apparatus
IDEAL POWER INC. UNDERWRITING AGREEMENTUnderwriting Agreement • December 3rd, 2013 • Ideal Power Inc. • Electrical industrial apparatus • New York
The undersigned, Ideal Power Inc., a Delaware corporation (the “Company”), hereby confirms its agreement with MDB Capital Group, LLC (the “Managing Underwriter”) and Northland Securities, Inc. (the “Co-Managing Underwriter”), as representatives (hereinafter collectively referred to as “you” (including its correlatives) or the “Representatives”) of the several underwriters named in Schedule I hereto (the “Underwriters”), as follows (this “Agreement”):
No. A- Issue Date: August 31, 2012Stock Purchase • August 6th, 2013 • Ideal Power Inc. • New York
THIS WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE. THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF A REGISTRATION STATEMENT IN EFFECT WITH RESPECT TO THE SECURITIES UNDER SUCH ACT AND/OR APPLICABLE STATE SECURITIES LAWS,OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED OR UNLESS SOLD PURSUANT TO RULE 144 OF SUCH ACT.
COMMERCIAL LEASELease Agreement • September 18th, 2013 • Ideal Power Inc. • Electrical industrial apparatus
AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENTEmployment Agreement • November 9th, 2017 • Ideal Power Inc. • Electrical industrial apparatus
THIS AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT (this “Amendment”) is made and entered into effective as of August 18, 2017 (the “Effective Date”), by and between Ideal Power Inc., a Delaware corporation (the “Company”), and William C. Alexander (“Employee”).
ADDENDUM TO STOCK PURCHASE WARRANT (MDB-1)Stock Purchase Warrant • August 6th, 2013 • Ideal Power Inc.
THIS ADDENDUM TO STOCK PURCHASE WARRANT (the “Addendum”) is entered into by and between Ideal Power Inc., a Delaware corporation (the “Company”) and MDB Capital Group, LLC, (the “Holder”), effective as of July __, 2013.
AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENTEmployment Agreement • September 19th, 2014 • Ideal Power Inc. • Electrical industrial apparatus
This AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT (“Amendment”) dated September 16, 2014 is made by and between Ideal Power Inc., a Delaware corporation, hereinafter referred to as “Company”, and R. Daniel Brdar, hereinafter referred to as “Executive”.
Re:Intellectual Property Engagement AgreementLetter Agreement • August 6th, 2013 • Ideal Power Inc. • California
This letter agreement (the "Agreement") confirms the terms and conditions that will govern Ideal Power Converters' (together with its affiliates, subsidiaries, predecessors, and successors, the "Company") engagement (the "Engagement") of MDB Capital Group, LLC (together with its affiliates, "MDB") to provide intellectual property development services.
LEASE AGREEMENT BETWEEN AGELLAN COMMERCIAL REIT U.S. L.P., LANDLORD and IDEAL POWER INC., TENANTLease Agreement • March 28th, 2014 • Ideal Power Inc. • Electrical industrial apparatus • Texas
Not later than the Restoration Date (as defined in the Lease), Tenant shall deliver the Premises to Landlord in the same condition as they were upon delivery of possession thereto under this Lease, reasonable wear and tear excepted, and shall deliver all keys to Landlord. Before delivery of the Premises to Landlord, Tenant shall remove all of its personal property and all alterations, additions, installations, improvements, partitions, Cabling and trade fixtures, all as and to the extent provided in Section 7 of this Lease. If Tenant fails to remove its personal property and fixtures upon the expiration of this Lease, the same shall be decmed abandoned and shall become the property of the Landlord.
SECOND REVISED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • April 14th, 2020 • Ideal Power Inc. • Electrical industrial apparatus
This SECOND REVISED AND RESTATED EMPLOYMENT AGREEMENT (“Agreement”), which is made effective as of the 8th day of April 2020 (the “Effective Date”), is made by and between Ideal Power Inc., a Delaware corporation, with headquarters located at 4120 Freidrich Lane, Ste. 100, Austin, Texas 78744, hereinafter referred to as “Company”, and R. Daniel Brdar, residing at 194 Carousel Lane, Driftwood, TX 78619, hereinafter referred to as “Executive.” The purpose of this Agreement is to confirm the second revised and restated terms of the employment relationship between Company and Executive.
