0001214659-15-007845 Sample Contracts

SUBSCRIPTION AGREEMENT
Subscription Agreement • November 18th, 2015 • Elio Motors, Inc. • Motor vehicles & passenger car bodies • Arizona

The securities offered hereby are highly speculative. Investing in shares of Elio Motors, Inc. involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment. Furthermore, investors must understand that such investment could be illiquid for an indefinite period of time. No public market currently exists for the securities, and if a public market develops following this offering, it may not continue.

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ESCROW SERVICES AGREEMENT
Escrow Services Agreement • November 18th, 2015 • Elio Motors, Inc. • Motor vehicles & passenger car bodies • New York

This Escrow Services Agreement (this “Agreement”) is made and entered into as of November 17, 2015 by and between FundAmerica Securities, LLC (“FundAmerica Securities”, or “Escrow Agent”), a Delaware limited liability company, and Elio Motors, Inc., an Arizona corporation (“Issuer”).

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