EXCHANGE AGREEMENTExchange Agreement • October 26th, 2010 • Ener1 Inc • Miscellaneous electrical machinery, equipment & supplies • New York
Contract Type FiledOctober 26th, 2010 Company Industry JurisdictionThis EXCHANGE AGREEMENT (this “Agreement”), dated as of October 20, 2010 (the “Execution Date”), is by and between ENER1, INC., a Florida corporation (the “Ener1”), and the holders of the shares of Series B Convertible Preferred Stock (the “Series B Shares”) of Think Holdings AS (“Think”) that are a signatory to this Agreement (together the “Holder”).