0001035704-05-000540 Sample Contracts

MASTER FINANCING AGREEMENT among ZAP, a California corporation as Borrower, the Lenders party hereto, and Surge Capital II, LLC, as Administrative Agent Dated as of September 12, 2005
Master Financing Agreement • September 16th, 2005 • Zap • Motorcycles, bicycles & parts • Illinois

This MASTER FINANCING AGREEMENT (the “Agreement”), dated as of September 12, 2005, is by and between ZAP, a California corporation (“Borrower”), Surge Capital II, LLC, a Delaware limited liability company (“Surge Capital”) as the Initial Lender and such other Lenders that are parties hereto from time to time, and Surge Capital, on behalf of itself and the Lenders as administrative agent (in such capacity, the “Administrative Agent”).

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