0001144204-19-026531 Sample Contracts

AWARD FORFEITURE AGREEMENT
Award Forfeiture Agreement • May 15th, 2019 • Ideal Power Inc. • Electrical industrial apparatus • Delaware

This Award Forfeiture Agreement (the “Agreement”) is made and entered into as of April 4, 2019, by and between, Ideal Power Inc., a Delaware corporation (the “Company”), and R. Daniel Brdar (the “Recipient”).

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AWARD FORFEITURE AGREEMENT
Award Forfeiture Agreement • May 15th, 2019 • Ideal Power Inc. • Electrical industrial apparatus • Delaware

This Award Forfeiture Agreement (the “Agreement”) is made and entered into as of April 4, 2019, by and between, Ideal Power Inc., a Delaware corporation (the “Company”), and David Eisenhaure (the “Recipient”).

ASSET PURCHASE AGREEMENT between Ideal Power Inc. a Delaware corporation, Pathion Holdings, Inc. a Delaware corporation and Pathion, Inc. a Delaware corporation Effective as of April 11, 2019
Asset Purchase Agreement • May 15th, 2019 • Ideal Power Inc. • Electrical industrial apparatus • Delaware

This Asset Purchase Agreement is entered into as of April 11, 2019, by and between Ideal Power Inc., a Delaware corporation, (the “Seller”), Pathion Holdings, Inc., a Delaware corporation (the “Purchaser”), and Pathion, Inc., a Delaware corporation (“Subsidiary”). Purchaser and Subsidiary are collectively referred to herein as the “Purchaser Entities”. Certain capitalized terms used in this Agreement are defined in Exhibit A.

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