Document:

Solomon
      Technologies, Inc.

    February
      5, 2007

    (Date
      of Grant)

    

    Stock
      Option Agreement

    

    Solomon
      Technologies, Inc., a Delaware corporation (the “Company”), hereby grants to
      Gary G. Brandt (the “Optionee”) an option to purchase shares of its Common
      Stock, par value $0.001 per share (the “Common Stock”), subject to the
      following:

    

    1.
      Grant
      of Option.
      The
      Company hereby grants to the Optionee the option to purchase from the Company
      upon the terms and conditions hereinafter set forth 500,000 shares of Common
      Stock (the “Option Shares”) at a purchase price of two dollars eighty cents
      ($2.80) per share (the “Option”). The date of grant of this Option is February
      5, 2007 (“Date of Grant”).

    

    2. Relationship
      to Plan.
      This
      Option is granted outside the Company’s Amended and Restated 2003 Stock Option
      Plan. This Option is not intended to meet the requirements of Section 422 of
      the
      Internal Revenue Code of 1986, as amended (the “Code”).

    

    3. Option
      Term.
      The
      term of the Option and of this Option Agreement (the "Option Term") shall
      commence on the Date of Grant set forth above and, unless the Option is
      previously terminated pursuant to Section 5 below, shall terminate upon the
      tenth (10th)
      anniversary of the Date of Grant (the "Expiration Date"). As of the Expiration
      Date, all rights of the Optionee hereunder shall terminate.

     

    4. Conditions
      of Exercise.

     

    (a) Subject
      to Section 5 below, the Option shall become vested as to 33.33% of the Option
      Shares on each of the first anniversary of the Date of Grant and the second
      anniversary of the Date of Grant and as to 33.34% of the Option Shares on the
      third anniversary of the Date of Grant.

     

    (b) Prior
      to
      the Expiration Date, this Option may be exercised in whole or in part at any
      time as to Option Shares that have vested; provided
      that in
      the event the Optionee’s employment with the Company or any parent corporation
      or subsidiary corporation (as such terms are defined in Section 422 of the
      Code)
      terminates, from and after such termination, this Option may be exercised only
      to the extent set forth in Section 5 below. This Option may not be exercised
      for
      a fraction of a share.

     

    5. Termination
      of Employment.

    

    (a) If
      the
      employment of the Optionee by, or the services of the Optionee as a director
      of,
      or consultant or advisor to, the Company or a subsidiary corporation of the
      Company shall be terminated for Cause (as defined in that certain employment
      letter agreement between the Company and the Optionee dated January 31, 2007)
      then the vested and unvested portions of this Option shall terminate forthwith.
      Except as set forth in subsection (d) of this Section 5, if such employment
      or
      services shall be terminated for any reason other than for Cause, then the
      Option shall thereupon become vested as to 50% of the Option Shares that would
      have vested within 12 months after the date of such termination but for such
      termination, and the remaining non-vested portion of this Option shall terminate
      forthwith. Except as provided in subsections (b) and (c) of this Section 5,
      if
      such employment or services shall terminate for any reason other than for Cause,
      then this Option may be exercised at any time within six (6) months after such
      termination, subject to the provisions of Section 5(e) below. For purposes
      of
      this subsection (a), if the Optionee leaves the employ or services of the
      Company to become an employee or non-employee director of, or a consultant
      or
      advisor to, a subsidiary corporation of the Company or a corporation (or
      subsidiary or parent corporation of the corporation) that has assumed the Awards
      (as defined in the Plan) of the Company as a result of a corporate
      reorganization or the like, the Optionee shall not be considered to have
      terminated his or her employment or services.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (b) If
      the
      Optionee dies (i) while employed by, or while serving as a non-employee director
      of or a consultant or advisor to, the Company or a subsidiary corporation of
      the
      Company, or (ii) within three (3) months after the termination of his or her
      employment or services, then this Option may, subject to the provisions of
      Section 5(e) below, be exercised by the estate of the Optionee, or by a person
      who acquired the right to exercise this Option by bequest or inheritance or
      by
      reason of the death of the Optionee, at any time within one (1) year after
      such
      death.

     

    (c) If
      the
      Optionee ceases employment or services because of (i) permanent and total
      disability (within the meaning of Section 22(e)(3) of the Code) while employed
      by, or while serving as a non-employee director for or consultant or advisor
      to,
      the Company or a subsidiary corporation of the Company, or (ii) retirement
      pursuant to a pension or retirement plan adopted by the Company or at the normal
      retirement date prescribed from time to time by the Company, then this Option
      may, subject to the provisions of Section 5(e) below, be exercised at any time
      within one (1) year after the Optionee’s termination of employment, termination
      of directorship or termination of consulting or advisory services, as the case
      may be, due to the disability or retirement.

     

    (d) If
      the
      Company undergoes a “change of control”, which for purposes of this Option shall
      mean a sale of all the outstanding Common Stock to an unrelated third party
      or a
      sale of all or substantially all of the assets of the Company, the unvested
      portion of this Option shall become immediately vested. If after the Optionee’s
      first year of employment with the Company the Optionee’s employment terminates
      as a result of the Optionee’s death, any unvested portion of this Option shall
      become fully vested upon such termination.

     

    (e) This
      Option may not be exercised except to the extent that the Optionee was entitled
      to exercise the Option at the time of termination of employment or services,
      or
      death, and in any event may not be exercised after the Expiration
      Date.

     

    6. Methods
      of Exercise.
      This
      Option shall be exercisable by a written notice in the form adopted by the
      Board
      of Directors of the Company (the “Board”) or the Compensation Committee of the
      Board (the “Committee”) that specifies the number of shares to be purchased. The
      notice shall be accompanied by payment of the full amount of the option price
      (i) by cash or check payable to the Company, (ii) by the delivery to
      the Company of shares of the Company’s stock having a value equal to the
      exercise price, or (iii) by a combination of the foregoing. Upon receipt of
      such payment, the Company will thereafter deliver or cause to be delivered
      to
      the Optionee (or if any other individual or individuals are exercising this
      Option, to such individual or individuals) at the office of the Company, a
      certificate or certificates for the number of shares with respect to which
      this
      Option is being exercised, registered in the name or names of the individual
      or
      individuals exercising the option; provided, however, that if any law or
      regulation or order of the Securities and Exchange Commission or other body
      having jurisdiction in the premises shall require the Company or Optionee (or
      other individual or individuals exercising this Option) to take any action
      in
      connection with the shares being purchased, the delivery of the certificate
      or
      certificates for such shares shall be delayed until such action has been
      taken.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    7. Purchase
      For Investment.
      This
      Option is granted on the condition that the purchase of shares of Common Stock
      hereunder shall be for the account of the Optionee (or other individual or
      individuals exercising this Option) for investment purposes and not with a
      view
      to the resale or distribution thereof, except that such condition shall be
      inoperative if the offering and sale of shares subject to the Option is
      registered under the Securities Act of 1933, as amended, or if in the opinion
      of
      counsel for the Company such shares may be resold without registration. At
      the
      time of any exercise of the Option, the Optionee (or other individual or
      individuals exercising this Option) will execute such further agreements as
      the
      Company may require to implement the foregoing condition and to acknowledge
      the
      Optionee’s (or such other individual’s) familiarity with restrictions on the
      resale of the shares under applicable securities laws.

     

    8. Nontransferability
      of Option.
      This
      Option shall not be transferable by the Optionee otherwise than by will or
      the
      laws of descent or distribution, and this Option shall be exercisable during
      the
      Optionee’s lifetime only by him or her.

     

    9. Adjustment
      Upon Change in Capitalization.
      

    

    (a)
      In
      the event that the Company’s outstanding Common Stock is hereafter changed by
      reason of reorganization, merger, consolidation, recapitalization,
      reclassification, stock split-up, combination of shares, reverse split, stock
      dividend or the like, an appropriate adjustment shall be made by the Board
      of
      Directors or the Committee in the number of shares and exercise price per share
      subject to the Option. If the Company shall be reorganized, consolidated, or
      merged with another corporation, the holder of the Option shall be entitled
      to
      receive upon the exercise of the Option the same number and kind of shares
      of
      stock or the same amount of property, cash or securities as he would have been
      entitled to receive upon the happening of any such corporate event as if he
      had
      been, immediately prior to such event, the holder of the number of shares
      covered by the Option. 

     

    (b)
      Any
      adjustment in the number of shares shall apply proportionately to only the
      unexercised portion of the Option. If fractions of a share would result from
      any
      such adjustment, the adjustment shall be revised to the next lower whole number
      of shares. 

    

    10. Listing
      of Option Shares.
      The
      Company shall not be obligated to deliver the Option Shares until they have
      been
      listed on each securities exchange or market on which the Common Stock may
      then
      be listed or until there has been qualification under or compliance with such
      federal or state laws, rules or regulations as the Company may deem
      applicable.

    

    11. Not
      a
      Contract of Employment.
      Nothing
      contained in this Option Agreement shall be deemed to confer upon the Optionee
      any right to remain in the employ or service of the Company or a subsidiary
      corporation of the Company or any entitlement to any remuneration or other
      benefit pursuant to any consulting or advisory arrangement.

     

    12. Governing
      Law and Interpretation.
      This
      Agreement shall be governed by and construed in accordance with the laws of
      the
      State of Delaware. It shall be binding upon and inure to the benefit of the
      parties hereto and their respective successors, assigns and legal
      representatives.

     

    13. Miscellaneous.
      The
      Optionee shall have no rights as a stockholder with respect to the shares
      subject to this Option until the exercise of the Option and the issuance of
      a
      stock certificate for the shares with respect to which the Option shall have
      been exercised. Nothing herein contained shall impose any obligation on the
      Company or the Optionee with respect to the Optionee’s employment by the
      Company. Nothing herein contained shall impose any obligation upon the Optionee
      to exercise the Option.

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the Company and the Optionee have caused this Option Agreement
      to be executed on the date first above written.

     

    
      	 	 	SOLOMON TECHNOLOGIES,
              INC. 
	 	 	 
	 	 	By: 	/s/
              Gary M. Laskowski 
	 	 	Name: 	Gary M. Laskowski 
	 	 	Title: 	Chairman 
	 	 	 
	 	 	OPTIONEE 
	 	 	 
	 	 	/s/
              Gary G. Brandt 
	 	 	Gary G.
              Brandt 

    

     

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    
      Solomon
        Technologies, Inc.

      February
        5, 2007

      (Date
        of Grant)

      

      Stock
        Option Agreement

      

      Solomon
        Technologies, Inc., a Delaware corporation (the “Company”), hereby grants to
        Gary G. Brandt (the “Optionee”) an option to purchase shares of its Common
        Stock, par value $0.001 per share (the “Common Stock”), subject to the
        following:

      

      1. Grant
        of Option.
        The
        Company hereby grants to the Optionee the option to purchase from the Company
        upon the terms and conditions hereinafter set forth 250,000 shares of Common
        Stock (the “Option Shares”) at a purchase price of two dollars eighty cents
        ($2.80) per share (the “Option”). The date of grant of this Option is February
        5, 2007 (“Date of Grant”).

      

      2. Relationship
        to Plan.
        This
        Option is granted outside the Company’s Amended and Restated 2003 Stock Option
        Plan. This Option is not intended to meet the requirements of Section 422
        of the
        Internal Revenue Code of 1986, as amended (the “Code”).

      

      3. Option
        Term.
        The
        term of the Option and of this Option Agreement (the "Option Term") shall
        commence on the Date of Grant set forth above and, unless the Option is
        previously terminated pursuant to Section 5 below, shall terminate upon the
        tenth (10th)
        anniversary of the Date of Grant (the "Expiration Date"). As of the Expiration
        Date, all rights of the Optionee hereunder shall terminate.

       

      4.
        Conditions
        of Exercise.

       

      (a) Subject
        to Section 5 below, the Option shall become vested as to 100% of the Option
        Shares if, as finally determined upon completion of the audit of the Company’s
        financial statements for the year ending December 31, 2007 (the “2007 Audit”),
        the Company achieves both of the following goals: (i) annualized sales of
        $25
        million by the end of 2007, calculated by taking the cumulative monthly sales
        for the fourth quarter of 2007 and multiplying by four, and (ii) breakeven
        annualized cash flow by the end of 2007, calculated by adding together the
        monthly cash flows for the last two (2) months of 2007.

       

      (b) Prior
        to
        the Expiration Date, this Option may be exercised in whole or in part at
        any
        time as to Option Shares that have vested; provided
        that in
        the event the Optionee’s employment with the Company or any parent corporation
        or subsidiary corporation (as such terms are defined in Section 422 of the
        Code)
        terminates, from and after such termination, this Option may be exercised
        only
        to the extent set forth in Section 5 below. This Option may not be exercised
        for
        a fraction of a share.

       

      5. Termination
        of Employment.

      

      (a) If
        the
        employment of the Optionee by, or the services of the Optionee as a director
        of,
        or consultant or advisor to, the Company or a subsidiary corporation of the
        Company shall be terminated for Cause (as defined in that certain employment
        letter agreement between the Company and the Optionee dated January 31, 2007)
        this Option shall terminate forthwith. If such employment or services are
        terminated without cause prior to completion of the 2007 Audit, then, only
        for
        purposes of this Option and the Plan, termination of Optionee’s employment shall
        be deemed tolled until the completion of the 2007 Audit, whereupon this Option
        shall either (A) vest in accordance with Section 4 above (in which event
        it
        shall be deemed to have vested upon the date of termination of employment)
        or
        (B) terminate. Except as provided in subsections (b), (c) and (d) of this
        Section 5, if such employment or services shall be terminated for any reason
        other than for Cause, then this Option may be exercised at any time within
        six
        (6) months after such termination, subject to the provisions of Section 5(e)
        below. For purposes of this subsection (a), if the Optionee leaves the employ
        or
        services of the Company to become an employee or non-employee director of,
        or a
        consultant or advisor to, a subsidiary corporation of the Company or a
        corporation (or subsidiary or parent corporation of the corporation) that
        has
        assumed the Awards (as defined in the Plan) of the Company as a result of
        a
        corporate reorganization or the like, the Optionee shall not be considered
        to
        have terminated his or her employment or services.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      (b) If
        the
        Optionee dies (i) while employed by, or while serving as a non-employee director
        of or a consultant or advisor to, the Company or a subsidiary corporation
        of the
        Company, or (ii) within three (3) months after the termination of his or
        her
        employment or services, then this Option may, subject to the provisions of
        Section 5(e) below, be exercised by the estate of the Optionee, or by a person
        who acquired the right to exercise this Option by bequest or inheritance
        or by
        reason of the death of the Optionee, at any time within one (1) year after
        such
        death.

       

      (c) If
        the
        Optionee ceases employment or services because of (i) permanent and total
        disability (within the meaning of Section 22(e)(3) of the Code) while employed
        by, or while serving as a non-employee director for or consultant or advisor
        to,
        the Company or a subsidiary corporation of the Company, or (ii) retirement
        pursuant to a pension or retirement plan adopted by the Company or at the
        normal
        retirement date prescribed from time to time by the Company, then this Option
        may, subject to the provisions of Section 5(e) below, be exercised at any
        time
        within one (1) year after the Optionee’s termination of employment, termination
        of directorship or termination of consulting or advisory services, as the
        case
        may be, due to the disability or retirement.

       

      (d) If
        (i)
        the Company undergoes a “change of control”, which for purposes of this Option
        shall mean a sale of all the outstanding Common Stock to an unrelated third
        party or a sale of all or substantially all of the assets of the Company,
        or
        (ii) the Optionee’s employment terminates as a result of the Optionee’s death,
        then this Option shall terminate forthwith; provided
        however,
        that if
        such change of control or death occurs after December 31, 2007 and prior
        to
        completion of the 2007 Audit, termination of this Option, and, in the case
        of
        the Optionee’s death, termination of Optionee’s employment for purposes of this
        Option and the Plan, shall be tolled until the completion of the 2007 Audit,
        whereupon this Option shall either (A) vest in accordance with Section 4
        above
        (in which event it shall be deemed to have vested upon such change of control
        or
        death) or (B) terminate.

       

      (e) This
        Option may not be exercised except to the extent that the Optionee was (or
        by
        the terms hereof is deemed to have been) entitled to exercise the Option
        at the
        time of termination of employment or services, or death, and in any event
        may
        not be exercised after the Expiration Date.

      

      6. Methods
        of Exercise.
        This
        Option shall be exercisable by a written notice in the form adopted by the
        Board
        of Directors of the Company (the “Board”) or the Compensation Committee of the
        Board (the “Committee”) that specifies the number of shares to be purchased. The
        notice shall be accompanied by payment of the full amount of the option price
        (i) by cash or check payable to the Company, (ii) by the delivery to
        the Company of shares of the Company’s stock having a value equal to the
        exercise price, or (iii) by a combination of the foregoing. Upon receipt of
        such payment, the Company will thereafter deliver or cause to be delivered
        to
        the Optionee (or if any other individual or individuals are exercising this
        Option, to such individual or individuals) at the office of the Company,
        a
        certificate or certificates for the number of shares with respect to which
        this
        Option is being exercised, registered in the name or names of the individual
        or
        individuals exercising the option; provided, however, that if any law or
        regulation or order of the Securities and Exchange Commission or other body
        having jurisdiction in the premises shall require the Company or Optionee
        (or
        other individual or individuals exercising this Option) to take any action
        in
        connection with the shares being purchased, the delivery of the certificate
        or
        certificates for such shares shall be delayed until such action has been
        taken.

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      7. Purchase
        For Investment.
        This
        Option is granted on the condition that the purchase of shares of Common
        Stock
        hereunder shall be for the account of the Optionee (or other individual or
        individuals exercising this Option) for investment purposes and not with
        a view
        to the resale or distribution thereof, except that such condition shall be
        inoperative if the offering and sale of shares subject to the Option is
        registered under the Securities Act of 1933, as amended, or if in the opinion
        of
        counsel for the Company such shares may be resold without registration. At
        the
        time of any exercise of the Option, the Optionee (or other individual or
        individuals exercising this Option) will execute such further agreements
        as the
        Company may require to implement the foregoing condition and to acknowledge
        the
        Optionee’s (or such other individual’s) familiarity with restrictions on the
        resale of the shares under applicable securities laws.

      

      8. Nontransferability
        of Option.
        This
        Option shall not be transferable by the Optionee otherwise than by will or
        the
        laws of descent or distribution, and this Option shall be exercisable during
        the
        Optionee’s lifetime only by him or her.

      

      9. Adjustment
        Upon Change in Capitalization.
        

      

      (a)
        In
        the event that the Company’s outstanding Common Stock is hereafter changed by
        reason of reorganization, merger, consolidation, recapitalization,
        reclassification, stock split-up, combination of shares, reverse split, stock
        dividend or the like, an appropriate adjustment shall be made by the Board
        of
        Directors or the Committee in the number of shares and exercise price per
        share
        subject to the Option. If the Company shall be reorganized, consolidated,
        or
        merged with another corporation, the holder of the Option shall be entitled
        to
        receive upon the exercise of the Option the same number and kind of shares
        of
        stock or the same amount of property, cash or securities as he would have
        been
        entitled to receive upon the happening of any such corporate event as if
        he had
        been, immediately prior to such event, the holder of the number of shares
        covered by the Option. 

       

      (b)
        Any
        adjustment in the number of shares shall apply proportionately to only the
        unexercised portion of the Option. If fractions of a share would result from
        any
        such adjustment, the adjustment shall be revised to the next lower whole
        number
        of shares.

      

      10. Listing
        of Option Shares.
        The
        Company shall not be obligated to deliver the Option Shares until they have
        been
        listed on each securities exchange or market on which the Common Stock may
        then
        be listed or until there has been qualification under or compliance with
        such
        federal or state laws, rules or regulations as the Company may deem
        applicable.

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

      

      11. Not
        a
        Contract of Employment.
        Nothing
        contained in this Option Agreement shall be deemed to confer upon the Optionee
        any right to remain in the employ or service of the Company or a subsidiary
        corporation of the Company or any entitlement to any remuneration or other
        benefit pursuant to any consulting or advisory arrangement.

      

      12. Governing
        Law and Interpretation.
        This
        Agreement shall be governed by and construed in accordance with the laws
        of the
        State of Delaware. It shall be binding upon and inure to the benefit of the
        parties hereto and their respective successors, assigns and legal
        representatives.

       

      13. Miscellaneous.
        The
        Optionee shall have no rights as a stockholder with respect to the shares
        subject to this Option until the exercise of the Option and the issuance
        of a
        stock certificate for the shares with respect to which the Option shall have
        been exercised. Nothing herein contained shall impose any obligation on the
        Company or the Optionee with respect to the Optionee’s employment by the
        Company. Nothing herein contained shall impose any obligation upon the Optionee
        to exercise the option.

      

      [Signature
        page follows.]

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Company and the Optionee have caused this agreement
        to be
        executed on the date first above written.

       

      
        	 	 	SOLOMON TECHNOLOGIES,
                INC. 
	 	 	 
	 	 	By: 	/s/
                Gary M. Laskowski 
	 	 	Name: 	Gary M. Laskowski 
	 	 	Title: 	Chairman 
	 	 	 
	 	 	OPTIONEE 
	 	 	 
	 	 	/s/
                Gary G. Brandt 
	 	 	
                Gary
                  G. Brandt 

              

      

       

      
        
          
          

        

        
          5SOLOMON
      TECHNOLOGIES, INC.

     

    STOCK
      RESTRICTION AGREEMENT

     

    This
      Stock Restriction Agreement (“Agreement”)
      is
      made and entered into as of February 5, 2007 (“Employment
      Date”),
      by
      and between Solomon Technologies, Inc., a Delaware corporation (the
“Company”),
      and
      the undersigned individual, who is or is to become an employee, consultant,
      officer and/or director of the Company (the “Employee”).

     

    In
      consideration of the mutual promises and covenants contained in this Agreement,
      and for other good and valuable consideration, the receipt and sufficiency
      of
      which are hereby acknowledged, the parties hereto agree as follows:

     

    1.
      Issuance
      of Shares.
      Upon
      the execution of this Agreement, the Company shall issue to Employee, subject
      to
      the terms and conditions set forth in this Agreement and of the Company’s
      Amended and Restated 2003 Stock Option Plan, one hundred ten thousand shares
      (the “Shares”)
      of
      common stock, $0.001 par value per share, of the Company (“Common
      Stock”).
      The
      Shares shall be subject to the Purchase Option set forth in Section 3 hereof
      and
      the restrictions on transfer set forth in Section 5 hereof. 

     

    2.
      Vesting
      of Shares.
      Except
      as provided herein, the Shares shall become vested as follows: 50% on the first
      anniversary of the Employment Date, 30% on the second anniversary of Employment
      Date, and 20% on the third anniversary of Employment Date. Notwithstanding
      the
      foregoing, (a) if Employee is terminated by the Company without cause, 50%
      of
      the Shares (including for this purpose any Shares that have previously vested)
      shall vest upon such termination if the termination occurs before Employee’s
      family relocates from Toronto, Ontario, Canada to the location of the Company’s
      headquarters in the United States as such location shall be determined by the
      Company in its discretion (“Relocation”);
      (b)
      if Employee is terminated by the Company without cause after the Relocation
      has
      occurred, all Shares shall immediately vest; (c) if the Company undergoes a
      change of control, all Shares shall immediately vest; and (d) if after the
      first
      anniversary of the Employment Date, the Employee dies, all Shares shall
      immediately vest. For purposes of this Agreement, “cause”,
      “change
      of control”
and
      “good
      reason”
shall
      have the same meanings they have in the employment agreement between the Company
      and Employee dated January 31, 2007 (the “Employment
      Agreement”).

    

    3. Purchase
      Option.
      In
      the
      event that Employee is terminated by the Company for any reason or voluntarily
      terminates his employment with the Company other than for “good reason”
(hereinafter, “Termination”),
      the
      Company shall have the right and option (the “Purchase
      Option”)
      to
      purchase from Employee, for $0.001 per share (the “Option
      Price”),
      all
      of the Shares that have not become vested in accordance with Section 2 hereof
      (“Unvested
      Shares”).

    

    4. Exercise
      of Purchase Option and Closing.

    

    (a) The
      Company may exercise the Purchase Option by delivering or mailing or written
      notice of such exercise to Employee, in accordance with Section 10(e) hereof;
      provided,
      however,
      that
      unless the Company provides written notice to Employee of non-exercise of the
      Purchase Option within sixty (60) days after the date of Termination, the
      Company shall be deemed to have exercised the Purchase Option with respect
      to
      all of the Unvested Shares on the sixtieth (60th)
      day
      after the date of Termination (the Unvested Shares with respect to which the
      Purchase Option applies, the “Purchased
      Shares”).

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    (b) Within
      five (5) days after (i) his receipt of an exercise notice pursuant to Section
      3(a), or (ii) the sixtieth (60th)
      day
      after the date of Termination, whichever
      occurs first,
      Employee shall tender to the Company at its principal offices the certificate
      or
      certificates representing the Purchased Shares, duly endorsed in blank by
      Employee or with duly endorsed stock powers attached thereto, all in form
      suitable for the transfer of the Purchased Shares to the Company. As soon as
      practicable after its receipt of such certificate or certificates, the Company
      shall deliver or mail to Employee the aggregate Option Price for the Purchased
      Shares.

    

    (c) From
      and
      after the time at which the Purchased Shares are required to be delivered to
      the
      Company for transfer to the Company pursuant to Section 4(b) hereof, the Company
      shall not pay any dividend to Employee on account of such Purchased Shares
      or
      permit Employee to exercise any of the privileges or rights as a stockholder
      with respect to such Shares, but shall, in so far as permitted by law, treat
      the
      Company as the owner of such Purchased Shares.

    

    (d) The
      Option Price for the Purchased Shares may be payable, at the option of the
      Company, in cancellation of all or a portion of any outstanding indebtedness
      of
      Employee to the Company or in cash (by check) or both.

    

    5.
      Restrictions
      on Transfer.
      

    

    (a) Employee
      shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose
      of,
      by operation of law or otherwise (collectively “transfer”),
      any
      Shares, or any interest therein, prior to the date such Shares have become
      vested as provided herein, except that Employee may transfer such Shares to
      or
      for the benefit, of any spouse, child or grandchild, or to a trust for their
      benefit or Employee’s benefit, provided,
      however,
      that
      such Shares shall remain subject to this Agreement (including, without
      limitation, the restrictions on transfer set forth in this Section 5 and the
      Purchase Option set forth in Section 3 hereof) and such permitted transferee
      shall, as a condition to such transfer, deliver to the Company a written
      instrument pursuant to which such transferee agrees to be bound by all of the
      terms and conditions of this Agreement.

    

    (b) Employee
      may not use any Unvested Shares to exercise a “reload” option as may be provided
      in any agreement pertaining to options issued to Employee by the
      Company.

    

    6. Effect
      of Prohibited Transfer.
      The
      Company shall not be required (a) to transfer on its books any of the
      Shares that shall have been sold or transferred in violation of any of the
      provisions set forth in this Agreement, or (b) to treat as owner of such
      Shares or to pay dividends to any transferee to whom any such Shares shall
      have
      been so sold or transferred.

    

    7. Restrictive
      Legend.
      All
      certificates representing Shares shall have affixed thereto a legend in
      substantially the following form, in addition to any other legends that may
      be
      required under federal or state securities laws:

    

    THE
      SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO RESTRICTIONS ON
      TRANSFER PURSUANT TO AN AGREEMENT BETWEEN THE HOLDER AND SOLOMON TECHNOLOGIES,
      INC. A COPY OF THE AGREEMENT MAY BE OBTAINED FROM THE SECRETARY OF SOLOMON
      TECHNOLOGIES, INC.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    

    8. Investment
      Representations.
      Employee represents, warrants and covenants as follows:

    

    (a) Employee
      is acquiring the Shares for his own account for investment only, and not with
      a
      view to, or for sale in connection with, any distribution of the Shares in
      violation of the Securities Act of 1933, as amended (the “Securities
      Act”),
      or
      any rule or regulation under the Securities Act.

    

    (b) Employee
      has had such opportunity as he has deemed adequate to obtain from
      representatives of the Company such information as is necessary to permit him
      to
      evaluate the merits and risks of his investment in the Company.

    

    (c) Employee
      has sufficient experience in business, financial and investment matters to
      be
      able to evaluate the risks involved in the purchase of the Shares and to make
      an
      informed investment decision with respect to such purchase.

    

    (d) Employee
      can afford a complete loss of the value of the Shares and is able to bear the
      economic risk of holding such Shares for an indefinite period.

    

    (e) Employee
      understands that (i) the Shares have not been registered under the
      Securities Act and are “restricted securities” within the meaning of
      Rule 144 under the Securities Act, (ii) the Shares cannot be sold,
      transferred or otherwise disposed of unless they are subsequently registered
      under the Securities Act or an exemption from registration is then available;
      and (iii) in any event, the exemption from registration under Rule 144
      will not be available for at least one year and even then will not be available
      unless a public market then exists for the Common Stock, adequate information
      concerning the Company is then available to the public, and other terms and
      conditions of Rule 144 are complied with.

    

    (f) A
      legend
      substantially in the following form will be placed on the certificate
      representing the Shares:

    

    THESE
      SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
      (THE “ACT”), OR UNDER THE SECURITIES LAWS OF ANY STATE. THEY MAY NOT BE SOLD,
      OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF A REGISTRATION
      STATEMENT IN EFFECT WITH RESPECT TO THE SECURITIES UNDER SUCH ACT OR AN OPINION
      OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS
      NOT
      REQUIRED PURSUANT TO A VALID EXEMPTION THEREFROM UNDER THE ACT.

     

    9. Adjustments
      for Stock Splits, Stock Dividends, etc.

     

    (a) If
      from
      time to time during the term of the Purchase Option there is any stock split-up,
      stock dividend, stock distribution or other reclassification of the Common
      Stock
      of the Company, any and all new, substituted or additional securities to which
      Employee is entitled by reason of his ownership of the Shares shall be
      immediately subject to the Purchase Option, the restrictions on transfer and
      other provisions of this Agreement in the same manner and to the same extent
      as
      the Shares, and the Option Price shall be appropriately adjusted.

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    (b) If
      the
      Shares are converted into or exchanged for, or stockholders of the Company
      receive by reason of any distribution in total or partial liquidation,
      securities of another corporation, or other property (including cash), pursuant
      to any merger of the Company or acquisition of its assets, then the rights
      of
      the Company under this Agreement shall inure to the benefit of the Company’s
      successor and this Agreement shall apply to the securities or other property
      received upon such conversion, exchange or distribution in the same manner
      and
      to the same extent as the Shares.

     

    10. Miscellaneous.

     

    (a) Severability.
      The
      invalidity or unenforceability of any provision of this Agreement shall not
      affect the validity or enforceability of any other provision of this Agreement,
      and each other provision of this Agreement shall be severable and enforceable
      to
      the extent permitted by law.

     

    (b) Waiver.
      Any
      provision contained in this Agreement may be waived by the Company, either
      generally or in any particular instance, by action of the Board of Directors
      of
      the Company.

     

    (c) Binding
      Effect.
      This
      Agreement shall be binding and inure to the benefit of the Company and Employee
      and their respective heirs, executors, administrators, legal representatives,
      successors and assigns, subject to the restrictions on transfer set forth in
      Section 5 of this Agreement.

     

    (d) No
      Rights To Employment.
      Nothing
      contained in this Agreement shall be construed as giving Employee any right
      to
      be retained, in any position, as an employee of the Company.

     

    (e) Notice.
      All
      notices, requests, consents, and other communications under this Agreement
      shall
      be in writing and shall be delivered by hand, sent via a reputable nationwide
      overnight courier service with tracking capabilities (such as FedEx or UPS)
      or
      mailed by first class certified or registered mail, return receipt requested,
      postage prepaid, to the Company at its principal place of business and to
      Employee at the address of record on file with the Company. Notices provided
      in
      accordance with this Section 10(e) shall be deemed delivered upon personal
      delivery, one business day after being sent via a reputable nationwide overnight
      courier service, or three business days after deposit in the mail.

     

    (f) Pronouns.
      Whenever
      the context may require, any pronouns used in this Agreement shall include
      the
      corresponding masculine, feminine or neuter forms, and the singular form of
      nouns and pronouns shall include the plural, and vice versa.

     

    (g) Entire
      Agreement.
      This
      Agreement constitutes the entire agreement between the parties, and supersedes
      all prior agreements and understandings relating to the subject matter of this
      Agreement.

     

    (h) Amendment.
      This
      Agreement may be amended or modified only by a written instrument executed
      by
      both the Company and Employee.

     

    (i) Governing
      Law.
      This
      Agreement shall be construed, interpreted and enforced in accordance with the
      laws of the State of Delaware.

     

    (j) SECTION
      83(b)
      ELECTION.
      EMPLOYEE SHALL HAVE THE OBLIGATION TO DETERMINE WHETHER HE WISHES TO FILE AN
      ELECTION UNDER SECTION 83(b)
      OF THE INTERNAL REVENUE CODE AND, IF SO, TO FILE IT AND TAKE SUCH OTHER ACTIONS
      AS ARE PRESCRIBED BY THE INTERNAL REVENUE SERVICE FOR SUCH ELECTIONS.
NOTE:
      AN ELECTION UNDER SECTION 83(b)
      MUST BE FILED WITHIN THIRTY (30) DAYS AFTER THE ACQUISITION OF THE
      SHARES.

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the parties hereto have executed this Stock Restriction
      Agreement as of the Employment Date.

     

    
      	 	 	SOLOMON TECHNOLOGIES,
              INC. 
	 	 	 
	 	 	By: 	/s/
              Gary M. Laskowski 
	 	 	Name: 	Gary M. Laskowski 
	 	 	Title: 	Chairman 
	 	 	 
	 	 	EMPLOYEE 
	 	 	 
	 	 	/s/
              Gary G. Brandt 
	 	 	Gary G. Brandt 
	 	 	 
	 	 	Address: 	1224 Mill Street Bldg.
              ‘B’ 
	 	 	 	East Berlin, CT
              06023 
	 	 	 	 
	 	 	Social Security
              No:_____________________

    

     

    
      
        
        

      

      
        5

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