0001731122-22-001425 Sample Contracts

UNDERWRITING AGREEMENT between FORZA X1, INC. and THINKEQUITY LLC as Representative of the Several Underwriters FORZA X1, INC.
Underwriting Agreement • August 17th, 2022 • Twin Vee PowerCats, Co. • Ship & boat building & repairing • New York

The undersigned, Forza X1, Inc., a corporation formed under the laws of the State of Delaware (collectively with its subsidiaries and affiliates, including, without limitation, all entities disclosed or described in the Registration Statement (as hereinafter defined) as being subsidiaries or affiliates of Forza X1, Inc., the “Company”), hereby confirms its agreement (this “Agreement”) with ThinkEquity LLC (hereinafter referred to as “you” (including its correlatives) or the “Representative”) and with the other underwriters named on Schedule 1 hereto for which the Representative is acting as representative (the Representative and such other underwriters being collectively called the “Underwriters” or, individually, an “Underwriter”) as follows:

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EMPLOYMENT AGREEMENT
Employment Agreement • August 17th, 2022 • Twin Vee PowerCats, Co. • Ship & boat building & repairing • Florida

THIS EMPLOYMENT AGREEMENT (the “Agreement”), effective as of August 16, 2022 as of the closing of the initial public offering (the “Effective Date”) of Forza X1, Inc., a Delaware corporation, with its principal place of business located at 3101 S. US-1, Ft. Pierce, Florida 34982 (the “Company”), is entered into by and between Joseph Visconti, an individual residing in Florida (“Executive”), and the Company. Except as otherwise defined herein, capitalized terms and phrases shall have the meaning described thereto in Section 13 of this Agreement.

FORM OF FORZA X1, INC. INDEMNIFICATION AGREEMENT
Indemnification Agreement • August 17th, 2022 • Twin Vee PowerCats, Co. • Ship & boat building & repairing • Delaware

This Indemnification Agreement (the “Agreement”) is made as of [____], 2022, by and between Forza X1, Inc., a Delaware corporation (the “Company”), and [____] (“Indemnitee”).

TRANSITION SERVICES AGREEMENT
Transition Services Agreement • August 17th, 2022 • Twin Vee PowerCats, Co. • Ship & boat building & repairing • Delaware

THIS TRANSITION SERVICES AGREEMENT (the “Agreement”) is dated August 16, 2022 by and between Forza X1, Inc. (“Forza”) and Twin Vee PowerCats Co. (“Twin Vee” and, together with Forza, the “Parties” and, each of them individually, the “Party”).

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