0001104659-22-005372 Sample Contracts

LOCK-UP AND LEAK OUT AGREEMENT
Lock-Up and Leak Out Agreement • January 19th, 2022 • VDA GROUP S.p.A. • Auto controls for regulating residential & comml environments • New York

This LOCK-UP AND LEAK-OUT AGREEMENT (the “Agreement”) is made as of January 7, 2022 (the “Effective Date”) by and between Telkonet, Inc., a Utah corporation, (the “Company”), and VDA Group, S.p.A., an Italian joint stock company (“VDA” or the “Shareholder”). Capitalized terms used but not otherwise defined herein, and the term “control,” shall have the meanings set forth in the Purchase Agreement (as defined below).

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CONVERTIBLE LOAN AGREEMENT
Convertible Loan Agreement • January 19th, 2022 • VDA GROUP S.p.A. • Auto controls for regulating residential & comml environments • Luxembourg
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