0001628280-20-003532 Sample Contracts

INTELLECTUAL PROPERTY LICENSE AGREEMENT
Intellectual Property License Agreement • March 13th, 2020 • Workhorse Group Inc. • Motor vehicles & passenger car bodies • Ohio

This Intellectual Property License Agreement (this “Agreement”) is entered into as of this 7th day of November, 2019 (the “Effective Date”), by and between Workhorse Group Inc., a Nevada corporation (“Licensor”) and Lordstown Motors Corp., a Delaware corporation (“Licensee”). Licensor and Licensee may be referred to herein individually as a “Party” and collectively as the “Parties.”

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ASSET PURCHASE AGREEMENT by and between ST ENGINEERING HACKNEY, INC., as Seller, and WORKHORSE GROUP, INC., as Buyer Dated as of October 31, 2019
Asset Purchase Agreement • March 13th, 2020 • Workhorse Group Inc. • Motor vehicles & passenger car bodies • New York

This ASSET PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of October 31, 2019, by and between ST Engineering Hackney, Inc., a Delaware corporation, having an office at 911 West 5th Street, Washington, NC 27889 (“Seller”), and Workhorse Group, Inc., a Nevada corporation, having an office at 100 Commerce Drive, Loveland, Ohio 45140 (“Buyer”). Capitalized terms used herein and not otherwise defined herein have the meanings given to such terms in Article 1.

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