TO: The Purchasers of HyreCar Inc.’s 6% Original Issue Discount Secured Convertible DebentureHyreCar Inc. • January 12th, 2023 • Services-auto rental & leasing (no drivers)
Company FiledJanuary 12th, 2023 IndustryThis letter will confirm my agreement to vote all shares of HyreCar Inc. (“HYRE”) voting stock over which I have voting control in favor (the “Vote”) of any resolution presented to the shareholders of HYRE to approve (i) an increase in the authorized capital stock of the Company (ii) the issuance, in the aggregate, of more than 19.999% of the number of shares of common stock of HYRE outstanding on the date of closing pursuant to that certain Securities Purchase Agreement, dated January, 6, 2023, among HYRE and the purchasers signatory thereto (the “Purchase Agreement”) and the other agreements entered into in connection therewith or as otherwise may be required by the applicable rules and regulations of the Nasdaq Capital Market (or any successor entity) and (iii) a reverse stock split in the amount and form as determined by HYRE. In consideration of the Vote, HYRE agrees that, immediately following the Vote, I will be entitled to receive (i) 1,100 shares of Preferred Stock (as defined
TO: The Purchasers of HyreCar Inc.’s 6% Original Issue Discount Secured Convertible DebentureHyreCar Inc. • January 12th, 2023 • Services-auto rental & leasing (no drivers)
Company FiledJanuary 12th, 2023 IndustryThis letter will confirm my agreement to vote all shares of HyreCar Inc. (“HYRE”) voting stock over which I have voting control in favor (the “Vote”) of any resolution presented to the shareholders of HYRE to approve (i) an increase in the authorized capital stock of the Company (ii) the issuance, in the aggregate, of more than 19.999% of the number of shares of common stock of HYRE outstanding on the date of closing pursuant to that certain Securities Purchase Agreement, dated January, 6, 2023, among HYRE and the purchasers signatory thereto (the “Purchase Agreement”) and the other agreements entered into in connection therewith or as otherwise may be required by the applicable rules and regulations of the Nasdaq Capital Market (or any successor entity) and (iii) a reverse stock split in the amount and form as determined by HYRE. In consideration of the Vote, HYRE agrees that, immediately following the Vote, I will be entitled to receive (i) 1,000 shares of Preferred Stock (as defined