0001493152-19-016697 Sample Contracts

TRANSITION SERVICES AGREEMENT
Transition Services Agreement • November 8th, 2019 • Taronis Fuels, Inc. • Special industry machinery, nec

THIS TRANSITION SERVICES AGREEMENT (this “Agreement”), dated as of December 2, 2019 (the “Effective Date”), is made and entered into by and between Taronis Technologies, Inc., a Delaware corporation (“Tech”), and Taronis Fuels, Inc., a Delaware corporation and wholly owned subsidiary of Tech (“Fuels”). Each of Tech and Fuels may be referred to herein individually as a “Party” and collectively as the “Parties.” For purposes of this Agreement, capitalized terms used herein and not otherwise defined shall have the respective meanings ascribed to such terms in the Master Distribution Agreement (as defined below).

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SEPARATION AGREEMENT
Separation Agreement • November 8th, 2019 • Taronis Fuels, Inc. • Special industry machinery, nec • Delaware

THIS SEPARATION AGREEMENT (this “Agreement”) is dated as of December 2, 2019 by and between TAronis Technologies, Inc., a Delaware corporation (“Tech”) and Taronis Fuels, Inc., a Delaware corporation and presently a wholly owned Subsidiary of Tech (“Fuels”).

Master Distribution Agreement By and Between Taronis Technologies, Inc. And Taronis Fuels, Inc. Dated as of December 2, 2019
Master Distribution Agreement • November 8th, 2019 • Taronis Fuels, Inc. • Special industry machinery, nec • Delaware

THIS MASTER DISTRIBUTION AGREEMENT (this “Agreement”), dated as of December 2, 2019 (the “Execution Date”), is made and entered into by and between Taronis Technologies, Inc., a Delaware corporation (“Tech”), and Taronis Fuels, Inc., a Delaware corporation and wholly owned subsidiary of Tech (“Fuels”). Each of Tech and Fuels may be referred to herein individually as a “Party” and collectively as the “Parties.”

TAX SHARING AGREEMENT
Tax Sharing Agreement • November 8th, 2019 • Taronis Fuels, Inc. • Special industry machinery, nec • Delaware

THIS TAX SHARING AGREEMENT (this “Agreement”), dated as of December 2, 2019, is by and between TARONIS TECHNOLOGIES, INC. (“Tech”), a Delaware corporation, and TARONIS FUELS, INC. (“Fuels”), Delaware corporation. Each of Tech and Fuels is sometimes referred to herein as a “Party” and, collectively, as the “Parties.”

GASIFIER PURCHASE AGREEMENT
Gasifier Purchase Agreement • November 8th, 2019 • Taronis Fuels, Inc. • Special industry machinery, nec • London

This GASIFIER PURCHASE AGREEMENT (this “Agreement”) is effective as of July 17, 2019 (the “Effective Date”), and is made and entered into by and between TA GROUP MEDIA ENERGY INDUSTRY TRADE JOINT STOCK COMPANY (TA Grup Medya Enerji Sanayi Ticaret Anonim Sirketi), a company organized and existing under the laws of the Republic of Turkey, with its principal offices at Beştepe Mah., Mertebe Sokak no 13/3, Yenimahalle, 06560 Ankara, Turkey (“Purchaser”), and TARONIS FUELS, INC., a Delaware corporation and its permitted assigns, having an address at 300 W. Clarendon Avenue, Ste. 230, Phoenix, Arizona 85013 (“Taronis” or “Company”).

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