0001553350-22-000056 Sample Contracts

BASANITE, INC. FORM OF WARRANT TO PURCHASE SHARES OF COMMON STOCK
Basanite, Inc. • January 26th, 2022 • Services-advertising • Nevada

This Warrant is issued to Simon R. Kay (the “Holder”) by Basanite, Inc., a Nevada corporation (the “Company”), pursuant to the terms of that certain Transition Services Agreement, dated January 20, 2022, by and between the Company and the Holder (the “TSA”).

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TRANSITION SERVICES AGREEMENT
Transition Services Agreement • January 26th, 2022 • Basanite, Inc. • Services-advertising • Nevada

This TRANSITION SERVICES AGREEMENT, executed as of January 20, 2022 and effective as of January 1, 2022 (the “Effective Date”), is entered into by and between Basanite, Inc., a Nevada corporation (collectively with its subsidiaries, the “Company”), and Simon R. Kay (“Kay”). The Company and Kay are sometimes referred to herein as each, a “Party” and collectively as the “Parties.”

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