0001615774-16-007116 Sample Contracts

LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • September 9th, 2016 • Polar Power, Inc. • Illinois

This LOAN AND SECURITY AGREEMENT dated as of August 14, 2015 (the “Agreement”), is executed by and between POLAR POWER, INC., a California corporation (the “Borrower”), whose address is 249 East Gardena Boulevard, Gardena, California 90248 and GIBRALTAR BUSINESS CAPITAL, LLC, a Delaware limited liability company (the “Lender”), whose address is 400 Skokie Boulevard, Suite 375, Northbrook, Illinois 60062.

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EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • September 9th, 2016 • Polar Power, Inc. • California

THIS EXECUTIVE EMPLOYMENT AGREEMENT (“Agreement”), dated effective as of July 8, 2016, is made by and between Rajesh Masina (“Executive”) and Polar Power, Inc., a California corporation (the “Company”) (collectively, the “Parties”).

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