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Joint Venture and Vehicle Purchase Agreement Sample Contracts

Standard Contracts

Contract
Joint Venture and Vehicle Purchase Agreement • May 5th, 2020

<DOCUMENT> <TYPE>EX-10.20 <SEQUENCE>4 <FILENAME>ex1020.txt <DESCRIPTION>EXHIBIT 10.20 <TEXT> ================================================================================ PARATRANSIT, INC. AND HYBRID TECHNOLOGIES, INC. JOINT VENTURE AND VEHICLE PURCHASE AGREEMENT This agreement is between Paratransit, Inc. ("Paratransit"), a nonprofit corporation established and existing under the laws of the State of California having its principal place of business at 2501 Florin Road, Sacramento, California, and Hybrid Technologies, Inc. ("Hybrid"), a Nevada corporation having its principal place of business at East Bonanza Road, Suite 144-145-5001, Las Vegas, Nevada 89110 and its development facility in Mooresville, North Carolina. WHEREAS, Paratransit has developed considerable expertise in the transportation service industry, advocating for a fully accessible and integrated public transportation system. Starting with just two vehicles, Paratransit's fleet now operates over 150. The Paratransit