OPEN MARKET SALE AGREEMENTSMOpen Market Sale Agreement • November 7th, 2022 • Lordstown Motors Corp. • Motor vehicles & passenger car bodies • New York
Lordstown Motors Corp., a Delaware corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell from time to time through Jefferies LLC, as sales agent and/or principal (the “Agent”), shares of the Company’s Class A common stock, par value $0.0001 per share (the “Common Shares”), in an aggregate amount of up to 50,200,000 shares of Common Stock on the terms set forth in this agreement (this “Agreement”).
