STOCK PURCHASE AGREEMENT by and among Kestrel Labs, Inc., Zynex Monitoring Solutions Inc., Zynex, Inc. and the Selling Shareholders named herein dated as of December 22, 2021Stock Purchase Agreement • December 23rd, 2021 • Zynex Inc • Electromedical & electrotherapeutic apparatus • Colorado
Contract Type FiledDecember 23rd, 2021 Company Industry JurisdictionThis Stock Purchase Agreement (this "Agreement"), dated as of the 22nd day of December 2021, is entered into by and among Kestrel Labs, Inc., a Colorado corporation (the "Company"), Jonas Pologe, Theodore Delianides, Kurt Aronow and Kevin Galligan (collectively, the "Selling Shareholders" and, Jonas Pologe and Theodore Delianides, together, the "Principal Shareholders" and each a "Principal Shareholder") and Zynex Monitoring Solutions Inc., a Colorado corporation (the "Buyer") and a wholly-owned subsidiary of Zynex, Inc., a Nevada corporation ("Zynex"), and Zynex. The Company and the Principal Shareholders are sometimes hereinafter collectively referred to as the "Selling Parties." The Buyers and Zynex are sometimes hereafter collectively referred to as the "Buying Parties.” The Company, the Buyer, Zynex, and the Selling Shareholders are sometimes hereafter collectively referred to as the "Parties."