0001144204-13-019007 Sample Contracts

FIRST AMENDING AGREEMENT dated December 7, 2012 (“Amendment #1”) to the Letter Loan Agreement dated June 28, 2011

First Amending Agreement • April 1st, 2013 • Pioneer Power Solutions, Inc. • Power, distribution & specialty transformers

• Contract Type
  First Amending Agreement
• Filed
  April 1st, 2013
• Company
  Pioneer Power Solutions, Inc.
• Industry
  Power, distribution & specialty transformers

* While 7834080 Canada Inc. appeared on our Letter Loan Agreement dated June 28, 2011, the entity amalgamated into Bemag Transforer Inc. on July 31, 2011 and therefore is no longer a Borrower.

INDUSTRIAL LEASE BETWEEN COMERCIALIZADORA REYNOSA PARA LA INDUSTRIA MAQUILADORA S.A. DE C.V. AND NEXUS MAGNETICOS DE MEXICO S. DE RL. DE C.V.

Industrial Lease • April 1st, 2013 • Pioneer Power Solutions, Inc. • Power, distribution & specialty transformers • Tamaulipas

• Contract Type
  Industrial Lease
• Filed
  April 1st, 2013
• Company
  Pioneer Power Solutions, Inc.
• Industry
  Power, distribution & specialty transformers
• Jurisdiction
  Tamaulipas

AMENDING AGREEMENT NO. 2

Amending Agreement • April 1st, 2013 • Pioneer Power Solutions, Inc. • Power, distribution & specialty transformers • Quebec

• Contract Type
  Amending Agreement
• Filed
  April 1st, 2013
• Company
  Pioneer Power Solutions, Inc.
• Industry
  Power, distribution & specialty transformers
• Jurisdiction
  Quebec

WHEREAS the Lender and the Borrowers have entered into a letter loan agreement dated June 28, 2011, as amended by a first amending agreement dated December 7, 2012 pursuant to which the Lender agreed to grant the Facilities to the Borrowers (collectively, the ''Letter Loan Agreement");