0001558370-23-000273 Sample Contracts

MULLEN AUTOMOTIVE INC RESTRICTED STOCK UNIT AGREEMENT
Restricted Stock Unit Agreement • January 13th, 2023 • Mullen Automotive Inc. • Services-computer processing & data preparation • Florida

This Restricted Stock Unit Agreement (“Agreement”) is dated as of [__________], 20[__] (the “Grant Date”), between [_______________], a Mullen Automotive Inc. (the “Company”) and [_____________] (“Participant”).

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WAIVER AGREEMENT
Waiver Agreement • January 13th, 2023 • Mullen Automotive Inc. • Services-computer processing & data preparation

THIS WAIVER AGREEMENT (this “Agreement”) is entered into as of January 12, 2023, by and among Mullen Automotive Inc., a Delaware corporation (the “Company”), and the persons set forth on the signatures pages attached hereto (each, a “Holder” and collectively, the “Holders”).

SETTLEMENT AGREEMENT AND RELEASE
Settlement Agreement and Release • January 13th, 2023 • Mullen Automotive Inc. • Services-computer processing & data preparation • New York

THIS SETTLEMENT AGREEMENT AND RELEASE (this “Agreement”) is entered into as of January 13, 2023 by and among (a) Mullen Automotive Inc., a Delaware corporation (the “Company”), and (b) the Buyers listed on the signature pages hereto (collectively, the “Buyers” and each, a “Buyer”). Collectively, the Company and the Buyers shall be referred to as the “Parties”. Capitalized terms not defined herein shall have the same meaning as set forth in the Securities Purchase Agreement (as defined below).

SETTLEMENT AGREEMENT AND RELEASE
Settlement Agreement and Release • January 13th, 2023 • Mullen Automotive Inc. • Services-computer processing & data preparation • New York

THIS SETTLEMENT AGREEMENT AND RELEASE (this “Agreement”) is entered into as of January 13, 2023 by and between (a) Acuitas Capital LLC, a Delaware limited liability company (“Acuitas”), and (b) Mullen Automotive Inc., a Delaware corporation (the “Company”). Collectively, Acuitas and the Company shall be referred to as the “Parties”. Capitalized terms not defined herein shall have the same meaning as set forth in the Securities Purchase Agreement (as defined below).

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