0001193125-21-076703 Sample Contracts

Contract
Director and Officer Indemnification Agreement • March 11th, 2021 • Lion Electric Co • Motor vehicles & passenger car bodies • Quebec

DIRECTOR AND OFFICER INDEMNIFICATION AGREEMENT (the “Agreement”) dated [●], between The Lion Electric Company (the “Corporation”), a corporation continued under the Business Corporations Act (Quebec) and [●] (the “Indemnified Party” and, together with the Corporation, the “Parties”).

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CONTRACT OF EMPLOYMENT
Lion Electric Co • March 11th, 2021 • Motor vehicles & passenger car bodies • Quebec

WHEREAS the Employer intends to continue to retain the services of the Officer for the purposes of serving as President of Autobus Lion;

CONTRACT OF EMPLOYMENT
Lion Electric Co • March 11th, 2021 • Motor vehicles & passenger car bodies • Quebec

WHEREAS the Employer wishes to retain the services of the Employee, and the Employee wishes to offer his services to the Employer, in accordance with the terms set out in this Contract;

FORM OF ASSIGNMENT AND ASSUMPTION AGREEMENT
Assignment and Assumption Agreement • March 11th, 2021 • Lion Electric Co • Motor vehicles & passenger car bodies • New York

THIS ASSIGNMENT AND ASSUMPTION AGREEMENT (the “Agreement”) is entered into and effective as of [ ], 2021, by and among Northern Genesis Acquisition Corp., a Delaware corporation (“NGA”), The Lion Electric Company, a corporation existing under the Business Corporations Act (Québec) (“Lion”), and Continental Stock Transfer & Trust Company, a New York corporation (“Continental”). Capitalized terms used but not defined herein have the meanings given to such terms in the Warrant Agreement (as defined below).

LION LOGO Confidentiality, Non-Compete and Non-Solicitation Agreement
Lion Logo • March 11th, 2021 • Lion Electric Co • Motor vehicles & passenger car bodies

I, the undersigned, Yannick Poulin (handwritten), in consideration of my employment with La Compagnie Électrique Lion and the compensation that is or will be paid to me, hereby acknowledge the following in this document amending the employment agreement:

LION LOGO EMPLOYMENT AGREEMENT *Note: In this document, the masculine is used for the sake of conciseness, with no discrimination intended.
Employment Agreement • March 11th, 2021 • Lion Electric Co • Motor vehicles & passenger car bodies • Quebec

Autobus Lion Inc., legally incorporated corporation, having its place of business at 921 Chemin de la Rivière-du-Nord, St-Jérôme, Québec, J7Y 5G2, duly represented for the purpose hereof by Marc Bédard, its president.

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