SECURITY AGREEMENTSecurity Agreement • July 20th, 2020 • Workhorse Group Inc. • Motor vehicles & passenger car bodies • New York
Contract Type FiledJuly 20th, 2020 Company Industry JurisdictionTHIS SECURITY AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”) dated as of July 16, 2020 among Workhorse Group Inc., a Nevada corporation (the “Grantor”), and HT Investments MA LLC, a Delaware limited liability company, in its capacity as collateral agent for the benefit of the Holders (as defined below) (together with its successors and assigns in such capacity, the “Secured Party”).