EXCLUSIVE PURCHASE, LICENSE AND SUPPLY AGREEMENT ------------------------------------------------ APRIL 19, 2004 RecitalsExclusive Purchase, License and Supply Agreement • May 17th, 2004 • Zap • Motorcycles, bicycles & parts
AMENDMENT AGREEMENTExclusive Purchase, License and Supply Agreement • September 6th, 2006 • Zap • Motorcycles, bicycles & parts
ZAP and Smart Automobile LLC (“SA”) agree to amend the Exclusive Purchase, License and Supply Agreement dated April 19, 2004 (the “Agreement”) between the parties to cancel the license provided for in the Agreement and to amend the consideration to be paid to SA. As Daimler Chrysler has announced that they will be distributing a two-seat Smart Car in the near future, the license value has ceased to exist as contemplated by the Agreement.
EXCLUSIVE PURCHASE, LICENSE AND SUPPLY AGREEMENTExclusive Purchase, License and Supply Agreement • September 21st, 2005 • Zap • Motorcycles, bicycles & parts
This Exclusive Purchase, License and Supply Agreement (the “Agreement”) is entered into as of September 15th, 2005 (the “Effective Date”), by and between Voltage Vehicles, a Nevada corporation and wholly-owned subsidiary of ZAP, a California corporation (“hereinafter referred to as ZAP”), and Obvio! Automotoveiculos S.P.E. Ltda, a special purpose company of Brasil (“OBVIO”). OBVIO and ZAP may be collectively referred to herein as the “Parties.”
