0001144204-19-037495 Sample Contracts

STOCK OPTION AGREEMENT
2019 Stock Incentive Plan • August 2nd, 2019 • Karat Packaging Inc. • Plastics products, nec • Delaware

THIS OPTION AGREEMENT (this “Agreement”), is made and effective as of this ____ day of ______________, 2019 (the “Grant Date”), by and between Karat Packaging Inc., a Delaware corporation (“Company”), and _________________ (“Optionee”).

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RESTRICTED STOCK UNIT AGREEMENT PURSUANT TO THE KARAT PACKAGING INC. 2019 STOCK INCENTIVE PLAN
Restricted Stock Unit Agreement • August 2nd, 2019 • Karat Packaging Inc. • Plastics products, nec • Delaware

THIS AGREEMENT made as of the ___ day of ___________ 2019, between Karat Packaging Inc., a Delaware corporation, (the “Company”), and the individual whose name and signature appears on the signature page attached hereto (the “Participant”). Capitalized terms not defined herein shall have the meaning ascribed thereto in the Karat Packaging Inc. Stock Incentive Plan (as amended to date, the “Plan”). This Agreement shall be effective as of the date hereof (the “Effective Date”).

CONTRACT CHIEF FINANCIAL OFFICER AGREEMENT
Contract Chief Financial Officer Agreement • August 2nd, 2019 • Karat Packaging Inc. • Plastics products, nec • California

THIS CONTRACT CHIEF FINANCIAL OFFICER AGREEMENT (the “AGREEMENT”) is dated as of the 1st day of July, 2019. It is made and entered into by and between Karat Packaging Inc., a Delaware corporation, located at 6185 Kimball Ave., Chino, CA 91708 (hereinafter referred to as the “Company’), and PJ Tech LLP, a California Limited Liability Partnership, located at 555 West 5th Street, 35 Floor, Los Angeles, CA 90013 (hereinafter referred to as “PJ Tech”).

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