0001144204-07-005276 Sample Contracts

AGREEMENT
Senior Secured Promissory Note Agreement • February 5th, 2007 • Solomon Technologies Inc • Motors & generators • New York

AGREEMENT (this “Agreement”) dated as of December 31, 2006 by and among Solomon Technologies, Inc., a Delaware corporation (the “Company”), Woodlaken LLC (“Woodlaken”), Jezebel Management Corporation (“Jezebel”), Pinetree (Barbados) Inc. (“Pinetree”), Coady Family LLC (“Coady”), F. Jay Leonard (“Leonard”), Peter and Barbara Carpenter (“Carpenter”), Pascal Partners, LLC (“Pascal”), Steven Kilponen (“Kilponen”) and Millennium Trust Co. LLC Custodian FBO Joseph Cooper Rollover IRA 90M020013 (“Cooper,” and together with Woodlaken, Jezebel, Pinetree, Coady, Leonard, Carpenter, Pascal and Kilponen, the “Investors”).

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