FORM OF INDEMNIFICATION AGREEMENTIndemnification Agreement • February 18th, 2021 • Karat Packaging Inc. • Plastics products, nec • Delaware
This INDEMNIFICATION AGREEMENT (“Agreement”), dated as of September 13, 2019, is by and between Karat Packaging Inc., a Delaware corporation (the “Company”) and [NAME OF DIRECTOR/OFFICER] (the “Indemnitee”).
Karat Packaging Inc. Chino, California 91708 EMPLOYMENT AGREEMENTEmployment Agreement • February 18th, 2021 • Karat Packaging Inc. • Plastics products, nec • Delaware
Your employment by Karat Packaging Inc., a Delaware corporation (the “Company”) shall be governed by the terms and conditions set forth below in this employment agreement (the “Agreement”). This Agreement shall be effective upon the closing of the Company’s first SEC-registered, underwritten offering of common stock.
STOCK OPTION AGREEMENTStock Option Agreement • February 18th, 2021 • Karat Packaging Inc. • Plastics products, nec • Delaware
THIS OPTION AGREEMENT (this “Agreement”), is made and effective as of this ____ day of ______________, 2019 (the “Grant Date”), by and between Karat Packaging Inc., a Delaware corporation (“Company”), and _________________ (“Optionee”).
FIRST AMENDMENT TO STANDARD INDUSTRIAL/COMMERICAL SINGLE-TENANT LEASE-GROSSStandard Industrial/Commercial Single-Tenant Lease-Gross • February 18th, 2021 • Karat Packaging Inc. • Plastics products, nec
THIS FIRST AMENDMENT to Standard Industrial/Commercial Single-Tenant-Gross Lease (“Amendment”) is dated November 14, 2018, by and between FIRST INDUSTRIAL, L.P. (“Lessor”), and Lollicup USA, Inc., a California corporation (“Lessee”).
PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • February 18th, 2021 • Karat Packaging Inc. • Plastics products, nec • Texas
THIS PURCHASE AND SALE AGREEMENT (this “Agreement”) is made and entered into as of the 9 day of April, 2019 (the “Effective Date”), by and between GLOBAL WELLS INVESTMENT GROUP LLC, a Texas limited liability company (“Seller”), and ATOSA CATERING EQUIPMENT, INC., a California corporation (“Purchaser”).
FORM OF RESTRICTED STOCK UNIT AGREEMENT PURSUANT TO THE KARAT PACKAGING INC. 2019 STOCK INCENTIVE PLANRestricted Stock Unit Agreement • February 18th, 2021 • Karat Packaging Inc. • Plastics products, nec • Delaware
THIS AGREEMENT made as of the ___ day of ___________ 2019, between Karat Packaging Inc., a Delaware corporation, (the “Company”), and the individual whose name and signature appears on the signature page attached hereto (the “Participant”). Capitalized terms not defined herein shall have the meaning ascribed thereto in the Karat Packaging Inc. Stock Incentive Plan (as amended to date, the “Plan”). This Agreement shall be effective as of the date hereof (the “Effective Date”).
SHARE EXCHANGE AGREEMENT AND PLAN OF REORGANIZATIONShare Exchange Agreement • February 18th, 2021 • Karat Packaging Inc. • Plastics products, nec • Delaware
This Share Exchange Agreement and Plan of Reorganization (this “Agreement”) is dated as of September 27, 2018, by and among Karat Packaging Inc., a Delaware corporation (the “Holding Company”), Alan Yu, an individual (“Yu”), Marvin Cheng, an individual (“Cheng”), Karat Global Group, LTD., a Taiwan company limited by shares (“Karat”), and Plutus Investment Holding Company, a Taiwan company limited by shares (“Plutus” and together with Yu, Cheng and Karat, collectively the “Shareholders” and each, individually, a “Shareholder”), and Lollicup USA Inc., a California corporation (“Lollicup”). For purposes of this Agreement, the Holding Company, the Shareholders and Lollicup are sometimes collectively referred to as the “Parties” and each individually as a “Party.”
AMENDED AND RESTATED COMMERCIAL LEASE RECITALS:Commercial Lease • February 18th, 2021 • Karat Packaging Inc. • Plastics products, nec • Texas
LEASE AGREEMENTLease Agreement • February 18th, 2021 • Karat Packaging Inc. • Plastics products, nec • New Jersey
THIS LEASE, dated this 16th day of July, 2020 by and between Global Wells Investment Group LLC, a Texas limited liability company ( the “Landlord”), and Lollicup USA, Inc, a California corporation (the “Tenant”).
