ContractHyreCar Inc. • May 23rd, 2018 • Services-auto rental & leasing (no drivers) • Delaware
THIS WARRANT AND THE SECURITIES UNDERLYING THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”) AND MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED, ASSIGNED, PLEDGED, OR HYPOTHECATED IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION THEREFROM UNDER SUCH SECURITIES ACT, ANY APPLICABLE STATE SECURITIES LAWS AND THE RULES AND REGULATIONS THEREUNDER.
INTELLECTUAL PROPERTY SECURITY AGREEMENTIntellectual Property Security Agreement • May 23rd, 2018 • HyreCar Inc. • Services-auto rental & leasing (no drivers) • New York
This INTELLECTUAL PROPERTY SECURITY AGREEMENT (this Agreement”), dated as of January 3, 2018, by Hyrecar Inc, a Delaware corporation (the “Grantor”), in favor of Alexander Capital, LP as collateral agent (the “Collateral Agent”) for the secured parties referred to below.
SECURITY AND PLEDGE AGREEMENTSecurity and Pledge Agreement • May 23rd, 2018 • HyreCar Inc. • Services-auto rental & leasing (no drivers) • New York
This SECURITY AND PLEDGE AGREEMENT, dated as of January 3, 2018 (this “Agreement”), is among Hyrecar Inc, a Delaware corporation (the “Company”), any subsidiary of the Company that is a signatory hereto either now or joined in the future, if any, (such subsidiaries, the “Guarantors,” and together with the Company, the “Debtors” and each, a “Debtor”), and the holders of the Company’s 13% Senior Secured Convertible Promissory Notes (the “Lenders”) , in the original aggregate principal amount of up to $2,300,000 (the “Notes”) signatory hereto (including such Lenders that become a party to this Agreement subsequent to the date hereof), their endorsees, transferees and assigns (collectively, the “Secured Parties”).
Los Angeles, CA 90013HyreCar Inc. • May 23rd, 2018 • Services-auto rental & leasing (no drivers) • California
Hyrecar Inc, a Delaware corporation (the “Company”), is pleased to offer you employment as its Secretary and Director of Sales, reporting to the Company’s Board of Directors (“Board”). This is an offer of at will employment and is subject to the terms and conditions set forth in this letter agreement (this “Letter Agreement”) and may be terminated by the Company at any time, for any reason, with or without cause.
HYRECAR INC PROMISSORY NOTEHyreCar Inc. • May 23rd, 2018 • Services-auto rental & leasing (no drivers) • California
HyreCar Inc, a Delaware corporation (the “Company”), for value received hereby, promises to pay to ________, or his registered assigns (the “Holder”), the aggregate principal sum of _________ Dollars ($__________), in accordance with the terms of this promissory note (the “Note”). All payments shall be made by the Company to the Holder for all amounts due hereunder by wire transfer of immediately available funds, in lawful tender of the United States, to an account designated by the Holder. This Note is being issued in connection with and pursuant to that certain Note and Warrant Purchase Agreement dated concurrently herewith (the “Agreement”).
13% SENIOR SECURED CONVERTIBLE PROMISSORY NOTE DUE __, 2018HyreCar Inc. • May 23rd, 2018 • Services-auto rental & leasing (no drivers) • New York
THIS 13% SENIOR SECURED CONVERTIBLE PROMISSORY NOTE is one of a series of duly authorized and validly issued 13% Senior Secured Convertible Promissory Notes of Hyrecar Inc, a Delaware corporation, (the “Company”), having its principal place of business at 355 South Grand Avenue, Suite 1650, Los Angeles, California 90071, designated as its 13% Senior Secured Convertible Promissory Note due __, 20181 (this “Note”, or the “Note” and collectively with the other Notes of such series, the “Notes”).
Oral Consulting Arrangement between the Company and Kit TranHyreCar Inc. • May 23rd, 2018 • Services-auto rental & leasing (no drivers)
The company has a consulting arrangement with Mr. Kit Tran, through his entity DMA Capital Inc., pursuant to which Mr. Tran provides services to the company as its Chief Marketing Officer and earns consulting fees of $4,000 per month. Subject to the discretion of the board, Mr. Tran will be considered for an annual incentive bonus.
ContractHyreCar Inc. • May 23rd, 2018 • Services-auto rental & leasing (no drivers) • New York
THIS WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “1933 ACT”), OR APPLICABLE STATE SECURITIES LAWS AND MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR SUCH SECURITIES UNDER THE 1933 ACT, OR AN OPINION OF COUNSEL, SATISFACTORY TO THE ISSUER HEREOF, TO THE EFFECT THAT REGISTRATION IS NOT REQUIRED UNDER THE 1933 ACT AS SOME OTHER EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT AND APPLICABLE LAWS IS AVAILABLE.
Peer-to-Peer Carshare for Rideshare 555 West 5th Street Los Angeles, CA 90013HyreCar Inc. • May 23rd, 2018 • Services-auto rental & leasing (no drivers) • California
Hyrecar Inc, a Delaware corporation (the “Company”), is pleased to offer you employment as its Director of Operations, reporting to the Company’s Chief Executive Officer. This is an offer of at will employment and is subject to the terms and conditions set forth in this letter agreement (this “Letter Agreement”) and may be terminated by the Company at any time, for any reason, with or without cause.
Oral Employment Arrangement between the Company and Abhishek AroraHyreCar Inc. • May 23rd, 2018 • Services-auto rental & leasing (no drivers)
The company has an oral agreement with Mr. Abhishek Arora pursuant to which he receives an annual salary of $96,000 for his services as Chief Technology Officer. During the year ended December 31, 2017, Mr. Arora deferred $12,000 of his salary. As a result, Mr. Arora received cash compensation equal to $84,000 during the year ended December 31, 2017. Subject to the discretion of the board, Mr. Arora will be considered for an annual incentive bonus. Mr. Arora is an at-will employee of the company.
