0001144204-06-009574 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 10th, 2006 • Ener1 Inc • Miscellaneous electrical machinery, equipment & supplies • Florida

This Employment Agreement (this “Agreement”) is made as of July 27, 2005 but shall be deemed executory only until the date on which the Executive becomes legally qualified to be an employee of the Company under all applicable immigration and other laws (see Section 1 hereof, below), by and between Ulrik Grape (the “Executive”) and EnerDel, Inc., a Delaware corporation (the “Company”). References to the Company shall include any Affiliated Companies, as that term is defined below.

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TAX ALLOCATION AGREEMENT
Tax Allocation Agreement • March 10th, 2006 • Ener1 Inc • Miscellaneous electrical machinery, equipment & supplies • Florida

THIS AGREEMENT is entered into as March 1, 2006, by and between Ener1 Group, Inc., a Florida corporation (“E1G”) and Ener1, Inc. and its subsidiaries (“Ener1”), a Florida corporation.

ENER1, INC. Fort Lauderdale, Florida 33309
Stock Option Agreement • March 10th, 2006 • Ener1 Inc • Miscellaneous electrical machinery, equipment & supplies • Florida

The Board of Directors of ENER1, INC. (the "Corporation") is pleased to award you an option (the "Option") to purchase shares of the common stock, par value $0.01 per share, of the Corporation (the "Common Stock"). This option agreement (the "Agreement") will describe the Option granted to you. Your signature on this Agreement is an acknowledgement to us that you have read and understand this Agreement and that you agree to abide by its terms.

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