0001214659-16-012757 Sample Contracts

AMENDMENT TO OPTION AGREEMENTS

Option Agreements • July 25th, 2016 • Elio Motors, Inc. • Motor vehicles & passenger car bodies

• Contract Type
  Option Agreements
• Filed
  July 25th, 2016
• Company
  Elio Motors, Inc.
• Industry
  Motor vehicles & passenger car bodies

This Amendment to Option Agreements (this “Amendment”) is entered into effective as of the __ day of May, 2016, by and between ELIO MOTORS, INC., an Arizona corporation (the “Company”), and STUART LICHTER (“Optionee”).

INDEPENDENT CONTRACTOR CONSULTING AGREEMENT

Independent Contractor Consulting Agreement • July 25th, 2016 • Elio Motors, Inc. • Motor vehicles & passenger car bodies • Arizona

• Contract Type
  Independent Contractor Consulting Agreement
• Filed
  July 25th, 2016
• Company
  Elio Motors, Inc.
• Industry
  Motor vehicles & passenger car bodies
• Jurisdiction
  Arizona

This Independent Contractor Consulting Agreement is made effective as of June 1, 2016 (the “Effective Date”) by and between ELIO MOTORS, INC., an Arizona corporation, 2942 North 24th Street, Suite 114-700, Phoenix, Arizona 85016 (“Company”); and HARI IYER, 4261 Ruthelma Ave, Palo Alto, CA 94306 (“Contractor”).

OPTION AGREEMENT

Option Agreement • July 25th, 2016 • Elio Motors, Inc. • Motor vehicles & passenger car bodies

• Contract Type
  Option Agreement
• Filed
  July 25th, 2016
• Company
  Elio Motors, Inc.
• Industry
  Motor vehicles & passenger car bodies

This Option Agreement (this “Agreement”) is entered into effective as of the 10th day of May, 2016, by and between ELIO MOTORS, INC., an Arizona corporation (the “Company”) and STUART LICHTER (“Optionee”).