Document:

INDEMNIFICATION
AGREEMENT

 

THIS INDEMNIFICATION
AGREEMENT (this “Agreement”) is made and entered into as of this [·]
day of April 2014, by and between Way Cool Imports, Inc., a Nevada corporation (the “Corporation”), and the
person whose name appears on the signature page hereto (“Indemnitee”), who is currently serving in the capacity
of a director and/or officer of the Corporation.

 

RECITALS

 

WHEREAS, the
Corporation and Indemnitee recognize that the interpretation of ambiguous statutes, regulations and court opinions, the Articles
(as defined herein) and the Bylaws (as defined herein) and the vagaries of public policy, are too uncertain to provide directors
and officers of the Corporation with adequate or reliable advance knowledge or guidance with respect to the legal risks and potential
liabilities to which they become personally exposed as a result of performing their duties in good faith for the Corporation;

 

WHEREAS, the
Corporation and Indemnitee are aware that individuals are often reluctant to serve as directors and officers of a corporation
unless they are protected to the fullest extent permitted by law by comprehensive insurance and indemnification;

 

WHEREAS, Section
78.7502, Section 78.751 and Section 78.752 of the Nevada Revised Statutes (“NRS”), which set forth certain
provisions relating to the mandatory and permissive indemnification of, and advancement of expenses to, officers and directors
of a Nevada corporation by such corporation, are specifically not exclusive of other rights to which those indemnified thereunder
may be entitled under any bylaw, agreement, vote of stockholders or disinterested directors or otherwise, and, thus, does not
by itself limit the extent to which the Corporation may indemnify persons serving as its officers and directors, provided such
persons have met the applicable standard of conduct;

 

WHEREAS, the
Corporation desires to have Indemnitee continue to serve as a director and/or officer of the Corporation, and, if applicable,
to serve in any other capacity as agreed by the Corporation and Indemnitee, free from concern for unpredictable, inappropriate
or unreasonable legal risks and personal liabilities by reason of his or her acting in good faith in the performance of his or
her duty to the Corporation, and Indemnitee desires to continue to serve (provided that he or she is furnished the indemnity provided
for hereinafter) as a director and/or officer of the Corporation and, if applicable, to serve in any other capacity as agreed
by Indemnitee and the Corporation; and

 

WHEREAS, after
due consideration and investigation of the terms and provisions of this Agreement and the various other options available to the
Corporation and Indemnitee in lieu thereof, the Board of Directors of the Corporation has determined that the following Agreement
is reasonable and prudent to retain Indemnitee’s service to and on behalf of the Corporation.

 

NOW, THEREFORE,
in consideration of the premises and the mutual agreements herein set forth and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the Corporation and Indemnitee, intending to be legally bound, do hereby
agree as follows:

 

1.           Definitions.
The following terms used in this Agreement shall have the following meanings (unless otherwise
expressly provided herein):

 

1.1.          “Articles”
shall mean the Articles of Incorporation of the Corporation filed with the Nevada Secretary of State on December 1, 2005, as amended
by that certain Certificate of Amendment to Articles of Incorporation filed with the Nevada Secretary of State on June 7, 2011.

 

    	 

    	 

    

  

1.2.          “Board”
shall mean the Board of Directors of the Corporation.

 

1.3.          “Bylaws”
shall mean the Amended and Restated Bylaws of the Corporation, as adopted by the Board of the Corporation on April [·],
2014.

 

1.4.          “Change
in Control” means a change in control of the Corporation of a nature that would be required to be reported in response
to Item 6(e) of Schedule 14A of Regulation 14A (or in response to any similar item on any similar schedule or form)
promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), whether or not the
Corporation is then subject to such reporting requirement; provided, however, that, without limitation, such a Change
in Control shall be deemed to have occurred if (a) any “person” (as such term is used in Sections 13(d) and 14(d)
of the Exchange Act), other than a trustee or other fiduciary holding securities under an employee benefit plan of the Corporation
or a corporation owned directly or indirectly by the stockholders of the Corporation in substantially the same proportions as
their ownership of stock of the Corporation, is or becomes the “beneficial owner” (as defined in Rule 13d-3 under
the Exchange Act), directly or indirectly, of securities of the Corporation representing 15% or more of the combined voting power
of the Corporation’s then outstanding securities without the prior approval of at least a majority of the members of the
Board in office immediately prior to such person attaining such percentage interest; or (b) there occurs a proxy contest,
or the Corporation is a party to a merger, consolidation, sale of assets, plan of liquidation or other reorganization not approved
by at least a majority of the members of the Board then in office, as a consequence of which members of the Board in office immediately
prior to such transaction or event constitute less than a majority of the Board thereafter.

 

1.5.          “Corporation”
shall mean Way Cool Imports, Inc., a Nevada corporation, and its successors.

 

1.6.          “Disinterested
Director” shall mean a director of the Corporation who is not and was not a party to the Proceeding (as defined herein)
in respect of which indemnification is sought by Indemnitee.

 

1.7.          “Enterprise”
shall mean any other corporation, partnership, joint venture, trust, or other enterprise of which Indemnitee is or was serving
at the request of the Corporation, including QuantumSphere, Inc., a California corporation, as a director, officer, employee or
agent, where such Enterprise shall include any service as a director, officer, employee or agent of the Corporation which imposes
duties on, or involves services by, such director, officer, employee or agent with respect to an employee benefit plan, its participants
or beneficiaries; and a person who acts in good faith and in a manner he or she reasonably believed to be in the interest of the
participants and beneficiaries of an employee benefit plan shall be deemed to have acted in a manner “not opposed to the
best interests of the Corporation” as referred to in this Agreement.

 

1.8.          “Expenses”
shall mean, without limitation, all reasonable attorneys’ fees, retainers, court costs, transcript costs, fees of experts,
witness fees, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees
and all other disbursements or expenses of the types customarily incurred in connection with prosecuting, defending, preparing
to prosecute or defend, investigating, or being or preparing to be a witness in a Proceeding. Expenses also shall include expenses
incurred in connection with any appeal resulting from any Proceeding, including, without limitation, the premium, security for,
and other costs relating to any cost bond, supersedeas bond, or other appeal bond or its equivalent.

 

1.9.          “Indemnitee”
shall mean the person whose name is set forth in the preamble to this Agreement.

 

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1.10.         “Indemnitee
Undertaking” shall mean an undertaking by or on behalf of Indemnitee to repay all such amounts paid, advanced or reimbursed
to the extent that it is ultimately determined that Indemnitee is not entitled to be indemnified by the Corporation as authorized
in this Agreement. The Indemnitee Undertaking shall be substantially on the form of Exhibit A to this Agreement
and shall be accepted without reference to the financial ability of Indemnitee to make such repayment.

 

1.11.         “Independent
Counsel” means a law firm, or a member of a law firm, that is experienced in matters of the corporation law of the State
of Nevada and neither presently is, nor in the past three years has been, retained to represent: (a) the Corporation or Indemnitee
in any matter material to either such party (other than with respect to matters concerning Indemnitee under this Agreement, or
of other indemnitees under similar indemnification agreements), or (b) any other party to the Proceeding giving rise to a claim
for indemnification hereunder. Notwithstanding the foregoing, the term “Independent Counsel” shall not include any
person who, under the applicable standards of professional conduct of the State of Nevada then prevailing, would have a conflict
of interest in representing either the Corporation or Indemnitee in an action to determine Indemnitee’s rights under this
Agreement. The Corporation agrees to pay the reasonable fees and expenses of the Independent Counsel referred to above and to
fully indemnify such counsel against any and all Expenses, claims, liabilities and damages arising out of or relating to this
Agreement or its engagement pursuant hereto.

 

1.12.         “NRS”
shall mean the Nevada Revised Statutes, as amended from time to time.

 

1.13.         “Proceeding”
shall mean any threatened, pending or completed action, suit, mediation, or proceeding, whether civil, criminal, administrative,
arbitrative or investigative, any appeal in such an action, suit, mediation, or proceeding, and any inquiry or investigation that
could lead to such an action, suit, mediation, or proceeding. The final disposition of a Proceeding shall be as determined by
a settlement or the judgment of a court or other investigative or administrative body. The Board shall not make a determination
as to the final disposition of a Proceeding.

 

2.           Agreement
to Serve. Indemnitee agrees to continue to serve as a director and/or officer of the
Corporation or any Enterprise and, as Indemnitee and the Corporation may agree in writing, in any other capacity for the Corporation
and/or as a director, officer, employee or agent of any other Enterprise, for so long as he or she is duly elected or appointed
and qualified in accordance with the provisions of the NRS, the Articles and the Bylaws, or until such time as he or she tenders
a resignation. The Corporation acknowledges that Indemnitee is relying on this Agreement in so serving.

 

2.1.          Duration
of Agreement. This Agreement shall continue in effect for so long as Indemnitee shall be subject to any pending or possible
Proceeding, even if Indemnitee shall have ceased to serve as a director and/or officer of the Corporation or director, officer,
employee or agent of any other Enterprise.

 

2.2.          Rights
Continued.  Subject to Section 2.1 above, the rights of indemnification and to receive advancement of Expenses as provided
by this Agreement shall continue as to Indemnitee even though Indemnitee may have ceased to be a director or officer of the Corporation,
and shall inure to the benefit of Indemnitee’s personal or legal representatives, executors, administrators, successors,
heirs, distributees, devisees and legatees.

 

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3.           Indemnity
in Third Party Proceedings. Subject to Section 8 and Section 9 of this Agreement,
the Corporation shall indemnify, defend and hold harmless Indemnitee to the fullest extent permitted or required by the laws of
the State of Nevada in effect as of the date hereof or as such laws may from time to time hereafter be amended to increase the
scope of such permitted indemnification, if Indemnitee was or is a party or is threatened to be made a party to any Proceeding
(other than a Proceeding by or in the right of the Corporation) by reason of the fact that Indemnitee is or was a director and/or
officer of the Corporation, or is or was serving at the request of the Corporation as a director, officer, employee or agent of
any other Enterprise, against all Expenses, judgments, fines and amounts paid in settlement actually and reasonably incurred by
Indemnitee (or on his or her behalf) in connection with such Proceeding or any claim, issue or matter therein, as long as:

 

3.1.          Indemnitee
is not liable pursuant to NRS Section 78.138; or

 

3.2.          Indemnitee
acted in good faith and in a manner which he or she reasonably believed to be in or not opposed to the best interests of the Corporation
and, in the case of a criminal Proceeding, had no reasonable cause to believe that Indemnitee’s conduct was unlawful.

 

Indemnitee shall
have the right to employ Independent Counsel in any Proceeding for which indemnification is available under this Section 3,
subject to Section 8 below.

 

4.           Indemnity
in Proceedings By or In the Right of the Corporation. Subject to Section 8 and
Section 9 of this Agreement, the Corporation shall indemnify, defend and hold harmless Indemnitee to the fullest extent permitted
or required by the laws of the State of Nevada in effect as of the date hereof or as such laws may from time to time hereafter
be amended to increase the scope of such permitted indemnification, if Indemnitee was, or is a party or is threatened to be made
a party, to any Proceeding by or in the right of the Corporation to procure a judgment in its favor by reason of the fact that
Indemnitee is or was a director and/or officer of the Corporation, or is or was serving at the request of the Corporation as a
director, officer, employee or agent of any other Enterprise, against all Expenses actually and reasonably incurred by Indemnitee
(or on his or her behalf) in connection with the defense or settlement of such Proceeding or any claim, issue or matter therein,
as long as:

 

4.1.          Indemnitee
is not liable pursuant to NRS Section 78.138; or

 

4.2.          Indemnitee
acted in good faith and in a manner which he or she reasonably believed to be in or not opposed to the best interests of the Corporation;
provided, however;

 

4.3.          Indemnitee
is not entitled to indemnification under this Section 4 in respect of any claim, issue or matter as to which Indemnitee shall
have been adjudged to be liable to the Corporation unless and only to the extent that the Nevada State District Court or other
court in which such Proceeding was brought or is pending, shall determine upon application that, despite the adjudication of liability
but in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnity for such Expenses
as the Nevada State District Court or other court in such Proceeding shall deem proper.

 

Indemnitee shall
have the right to employ Independent Counsel in any Proceeding for which indemnification is available under this Section 4,
subject to Section 8 below.

 

5.           Reimbursement
for Expenses of a Witness. Notwithstanding any other provision of this Agreement, to
the extent that Indemnitee is, by reason of the fact that Indemnitee is or was a director and/or officer of the Corporation, or
is or was serving at the request of the Corporation as a director, officer, employee or agent of any other Enterprise, a witness
at the Corporation’s request in any Proceeding to which Indemnitee is not a party, he or she shall be reimbursed against
all Expenses actually and reasonably incurred by Indemnitee (or on his or her behalf) in connection therewith upon Indemnitee’s
written request therefor.

 

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6.           Indemnification
for Expenses of Successful Party. Notwithstanding any other provision of this Agreement
to the contrary, to the extent that Indemnitee has been successful on the merits or otherwise (whether partially or in full) in
defense of any Proceeding referred to in Sections 3 and/or 4 of this Agreement, or in defense of any claim, issue or matter
therein, Indemnitee shall be indemnified against all Expenses actually and reasonably incurred by Indemnitee (or on his or her
behalf) in connection therewith. For purposes of this Section 6, and without limitation, if any claim, issue or matter in
any Proceeding referred to in Section 3 and/or Section 4 is disposed of, on the merits or otherwise (including a disposition
without prejudice), without (i) an adjudication that the Indemnitee was liable to the Corporation, (ii) a plea of guilty
by the Indemnitee, (iii) an adjudication that the Indemnitee did not act in good faith and in a manner the Indemnitee reasonably
believed to be in or not opposed to the best interests of the Corporation, and (iv) with respect to any criminal proceeding,
an adjudication that the Indemnitee had reasonable cause to believe his or her conduct was unlawful, the Indemnitee shall be considered
for the purposes hereof to have been wholly successful with respect thereto.

 

7.           Advances
of Expenses. Subject to the provisions of Sections 8 and 9, in the event that the Corporation
does not assume the defense pursuant to Section 8 of any Proceeding of which the Corporation receives notice under this Agreement,
Indemnitee shall have the right to advancement by the Corporation prior to the final disposition of any Proceeding or any claim,
issue or other matter therein of any and all Expenses actually and reasonably incurred by Indemnitee in defense of such Proceeding
or any claim, issue or other matter therein. Subject to Section 9, but without limiting the generality or effect of the foregoing,
in the event that the Corporation does not assume the defense pursuant to Section 8 of any Proceeding of which the Corporation
receives notice under this Agreement, then within 10 business days after any request by Indemnitee, the Corporation shall,
in accordance with such request, (1) pay such Expenses on behalf of Indemnitee, (2) advance to Indemnitee funds in an
amount sufficient to pay such Expenses or (3) reimburse Indemnitee for such Expenses; provided, however, that
Indemnitee shall repay any amounts actually advanced to Indemnitee that, at the final disposition of the Proceeding to which the
advance related, were in excess of amounts paid or payable by Indemnitee in respect of Expenses relating to, arising out of or
resulting from such Proceeding; and provided further the Corporation receives an Indemnitee Undertaking by or on
behalf of Indemnitee.

 

8.           Notice
and Defense of a Proceeding. As a condition precedent to the Indemnitee’s right
to be indemnified, Indemnitee must notify the Corporation in writing as soon as practicable of any Proceeding for which indemnity
or advancement will or could be sought, but delay will relieve the Corporation of its obligations under this Agreement only if
and to the extent that the Corporation is materially prejudiced by said delay. With respect to any such Proceeding of which the
Corporation is so notified, the Corporation will be entitled to participate therein at its own expense and/or to assume the defense
thereof at its own expense, with legal counsel reasonably acceptable to Indemnitee. After notice from the Corporation to Indemnitee
of its election so to assume such defense, the Corporation shall not be liable to Indemnitee for any legal or other Expenses subsequently
incurred by Indemnitee in connection with such Proceeding, other than as provided in this Section 8.

 

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8.1.          Indemnitee
shall have the right to employ Independent Counsel in connection with such Proceeding, and the reasonable fees and expenses of
such counsel incurred after notice from the Corporation of its assumption of the defense thereof shall be at the expense of Indemnitor
unless (a) the employment of counsel by Indemnitee has not been authorized in writing by the Corporation, which consent shall
not be unreasonably withheld, (b) counsel to Indemnitee shall have reasonably concluded that there may be a conflict of interest
or position on any significant issue between the Corporation and Indemnitee in the conduct of the defense of such Proceeding,
or (c) the Corporation shall not in fact have employed counsel to assume the defense of such action, in each of which cases
the reasonable legal fees and other Expenses of counsel for Indemnitee shall be at the expense of and borne by the Corporation,
except as otherwise expressly provided by this Agreement, provided that Indemnitee’s counsel shall cooperate reasonably
with the Corporation’s counsel to minimize the cost of defending claims against the Corporation and the Indemnitee, and
in no event shall the Corporation be required to bear the expense of more than one counsel for all Indemnitees with respect to
a Proceeding unless so approved by the Corporation in writing. The Corporation shall not be entitled, without the consent of Indemnitee,
to assume the defense of any Proceeding brought by or in the right of the Corporation or as to which counsel for Indemnitee shall
have reasonably made the conclusion provided for in clause (b) above. The Corporation shall not be required to indemnify
the Indemnitee under this Agreement for any amounts paid in settlement of any Proceeding effected without its written consent.
The Corporation shall not settle any Proceeding in any manner that would impose any penalty or limitation on the Indemnitee without
the Indemnitee’s written consent. Neither the Corporation nor the Indemnitee will unreasonably withhold or delay their consent
to any proposed settlement.

 

9.           Procedure
for Determination of Entitlement to Indemnification. 

 

9.1.          To
obtain indemnification or advancement of Expenses under this Agreement, Indemnitee shall submit to the Corporation a written request
therefor, including in such request such documentation and information as is reasonably available to Indemnitee and is reasonably
necessary to determine whether and to what extent Indemnitee is entitled to indemnification or advancement of Expenses.

 

9.2.          It
is the express intention of the parties that Indemnitee be entitled to indemnification hereunder to the fullest extent permitted
by Nevada law. Without limiting the generality or effect of the immediately preceding sentence, and without excluding any other
basis upon which Indemnitee may be found to be entitled to indemnification hereunder, Indemnitee shall be entitled to indemnification
or advancement of expenses hereunder if (a) Indemnitee acted in good faith and in a manner which he or she reasonably believed
to be in or not opposed to the best interests of the Corporation and, in the case of a criminal Proceeding, had no reasonable
cause to believe that Indemnitee’s conduct was unlawful, or (b) Indemnitee has been successful on the merits or otherwise
in defense of any Proceeding or any claim, issue or matter therein.

 

9.3.          Upon
written request by Indemnitee for indemnification pursuant to Section 9.1 of this Agreement, a determination, if required by applicable
law, with respect to Indemnitee’s entitlement thereto shall be made in the specific case: (a) if a Change in Control
shall have occurred, by Independent Counsel in a written opinion to the Board, a copy of which shall be delivered to Indemnitee;
or (b) if a Change in Control shall not have occurred, (1) by a majority vote of the Disinterested Directors, even though
less than a quorum of the Board, or (2) if there are no Disinterested Directors or, if the Disinterested Directors so direct,
by Independent Counsel in a written opinion to the Board, a copy of which shall be delivered to Indemnitee, or (3) a majority
vote of a quorum of the outstanding shares of stock of all classes entitled to vote for directors, voting as a single class, which
quorum shall consist of stockholders who are not at that time parties to the Proceeding in question, or (4) a court of competent
jurisdiction. If it is so determined that Indemnitee is entitled to indemnification hereunder, payment to Indemnitee shall be
made within 60 days after receipt by the Corporation of the written request for indemnification required pursuant to Section
9.1 hereof. Any Expenses actually and reasonably incurred by Indemnitee in cooperating with the person, persons or entity making
the determination discussed in this Section 9.3 with respect to Indemnitee’s entitlement to indemnification, shall be borne
by the Corporation (irrespective of the determination as to Indemnitee’s entitlement to indemnification) and the Corporation
hereby indemnifies and agrees to hold Indemnitee harmless therefrom.

 

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9.4.          In
the event the determination of entitlement to indemnification is to be made by Independent Counsel pursuant to Section 9.3 hereof,
the Independent Counsel shall be selected as provided in this Section 9.4. If a Change in Control shall not have occurred,
the Independent Counsel shall be selected by the Disinterested Directors, and the Corporation shall give written notice to Indemnitee
advising him or her of the identity of the Independent Counsel so selected. If a Change in Control shall have occurred, the Independent
Counsel shall be selected by Indemnitee (unless Indemnitee shall request that such selection be made by the Disinterested Directors,
in which event the preceding sentence shall apply), and Indemnitee shall give written notice to the Corporation advising it of
the identity of the Independent Counsel so selected. In either event, Indemnitee or the Corporation, as the case may be, may,
within 10 days after such written notice of selection shall have been given, deliver to the Corporation or to Indemnitee,
as the case may be, a written objection to such selection; provided, however, that such objection may be asserted
only on the ground that the Independent Counsel so selected does not meet the requirements of “Independent Counsel”
as defined in this Agreement, and the objection shall set forth with particularity the factual basis of such assertion. Absent
a proper and timely objection, the person so selected shall act as Independent Counsel. If such written objection is so made and
substantiated, the Independent Counsel so selected may not serve as Independent Counsel unless and until such objection is withdrawn
or a court has determined that such objection is without merit. If, within 20 days after submission by Indemnitee of a written
request for indemnification pursuant to Section 9.3 hereof, no Independent Counsel shall have been selected and not objected to,
either the Corporation or Indemnitee may petition a court of competent jurisdiction for resolution of any objection which shall
have been made by the Corporation or Indemnitee to the other’s selection of Independent Counsel and/or for the appointment
as Independent Counsel of a person selected by the Court or by such other person as the Court shall designate, and the person
with respect to whom all objections are so resolved or the person so appointed shall act as Independent Counsel under this Section 9.

 

9.5.          Indemnitee
will be deemed a party to a Proceeding for all purposes hereof if Indemnitee is named as a defendant or respondent in a complaint
or petition for relief in that Proceeding, regardless of whether Indemnitee is ever served with process or makes an appearance
in that Proceeding.

 

10.         Presumptions
and Effect of Certain Provisions. 

 

10.1.          Neither
the failure of any of the Corporation, the Board or Independent Counsel to have made a determination prior to the commencement
of any action pursuant to Section 11 of this Agreement that indemnification is proper in the circumstances because Indemnitee
has met the applicable standard of conduct, nor an actual determination by the Corporation, the Board or Independent Counsel that
Indemnitee has not met such applicable standard of conduct, shall be a defense to the action or create a presumption that Indemnitee
has not met the applicable standard of conduct.

 

10.2.          If
the person, persons or entity empowered or selected under Section 9 of this Agreement to determine whether Indemnitee is
entitled to indemnification shall not have made a determination within 60 days after receipt by the Corporation of a written
request for indemnification, the requisite determination of entitlement to indemnification shall be deemed to have been made and
Indemnitee shall be entitled to such indemnification, absent (a) a misstatement by Indemnitee of a material fact, or an omission
of a material fact necessary to make Indemnitee’s statement not misleading, in connection with the request for indemnification,
which if such fact were previously known, Indemnitee would not have been entitled to indemnification, or (b) a prohibition
of such indemnification under applicable law; provided, however, that such 60-day period may be extended for a reasonable
time, not to exceed an additional 60-day period, if the person, persons or entity making the determination with respect to entitlement
to indemnification in good faith requires such additional time for the obtaining or evaluating of documentation and/or information
relating thereto.

 

 

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10.3.          The
termination of any Proceeding or of any claim, issue or matter therein, by judgment, order, settlement or conviction, or upon
a plea of nolo contendere or its equivalent, shall not, of itself, create a presumption that Indemnitee is liable pursuant
to NRS Section 78.138 or did not act in good faith and in a manner that he or she reasonably believed to be in or not opposed
to the best interests of the Corporation, or, with respect to any criminal Proceeding, had reasonable cause to believe that his
or her conduct was unlawful.

 

10.4.          For
purposes of any determination of whether Indemnitee acted in good faith and in a manner reasonably believed to be in or not opposed
to the best interests of the Corporation, and, with respect to any criminal Proceeding, Indemnitee had no reasonable cause to
believe his or her conduct was unlawful, Indemnitee shall be deemed to have acted in good faith if, with respect to Indemnitee’s
action, Indemnitee relied reasonably and in good faith on the records or books of account of the Corporation and any other Enterprise,
or on information, opinions, reports or statements, including financial statements and other financial information, concerning
the Enterprise or any other Person which were prepared or supplied to Indemnitee by: (a) one or more officers or employees
of the Enterprise; (b) appraisers, engineers, investment bankers, legal counsel or other Persons as to matters Indemnitee reasonably
believed were within the professional or expert competence of those Persons and who have been selected with reasonable care by
or on behalf of the Corporation or Enterprise; and (c) any committee of the Board of Directors or equivalent managing body
of the Enterprise of which Indemnitee is or was, at the relevant time, not a member. The provisions of this Section 10.4 shall
not be deemed to be exclusive or to limit in any way the other circumstances in which Indemnitee may be deemed to have met the
applicable standard of conduct set forth in this Agreement.

 

10.5.          The
knowledge and/or actions, or failure to act, of any director, officer, agent or employee of the Enterprise shall not be imputed
to Indemnitee for purposes of determining the right to indemnification under this Agreement.

 

10.6.          In
connection with any determination by the Corporation as to whether Indemnitee is entitled to be indemnified hereunder or in any
judicial proceeding brought under Section 11 of this Agreement, the Corporation shall have the burden of proving that Indemnitee
is not entitled to indemnification or advancement of Expenses, unless otherwise required by law.

 

11.         Remedies
of Indemnitee. 

 

11.1.          In
the event that (a) a determination is made pursuant to Section 9 of this Agreement that Indemnitee is not entitled to
indemnification or advancement of expenses under this Agreement, (b) advancement of Expenses is not made pursuant to Section 7
of this Agreement, (c) no determination of entitlement to indemnification shall have been made within the time period provided
in Section 9.3 of this Agreement after receipt by the Corporation of the written request for indemnification, (d) reimbursement
or payment of indemnification is not made pursuant to Section 5, Section 6 and/or Section 9.2(b) of this Agreement,
within 60 days after receipt by the Corporation of a written request therefor, or (e) payment of indemnification pursuant
to Section 3 or Section 4 of this Agreement is not timely made after a determination has been made, or deemed to have
been made, that Indemnitee is entitled to indemnification, Indemnitee shall be entitled to an adjudication by the Nevada State
District Court or a court of competent jurisdiction of his or her entitlement to such indemnification or advancement of Expenses
and appeals therefrom, concluding in a final and unappealable judgment by the highest court in Nevada. The Board shall not make
a determination as to the final disposition of such adjudication.

 

 

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11.2.          In
the event that a determination shall have been made pursuant to Section 9 of this Agreement that Indemnitee is not entitled
to indemnification or advancement of expenses, any judicial proceeding commenced pursuant to this Section 11 shall be conducted
in all respects as a de novo trial on the merits and Indemnitee shall not be prejudiced by reason of that adverse determination.

 

11.3.          If
a determination shall have been made pursuant to Section 9 of this Agreement that Indemnitee is entitled to indemnification
or advancement of expenses, the Corporation shall be bound by such determination in any judicial proceeding commenced pursuant
to this Section 11, absent (a) a misstatement by Indemnitee of a material fact, or an omission of a material fact necessary
to make Indemnitee’s statement not misleading, in connection with the request for indemnification, which if such fact were
previously known, Indemnitee would not have been entitled to indemnification or (b) a prohibition of such indemnification
under applicable law.

 

11.4.          In
the event that Indemnitee, pursuant to this Section 11, seeks a judicial adjudication of his or her rights under, or to recover
damages for breach of, this Agreement, Indemnitee shall be entitled to recover from the Corporation, and shall be indemnified
by the Corporation against, any and all expenses (of the types described in the definition of Expenses in Section 1.8 of this
Agreement) actually and reasonably incurred by Indemnitee in such judicial adjudication to the extent that it is determined in
such judicial adjudication that Indemnitee is entitled to indemnification or advancement of expenses.

 

11.5.          The
Corporation shall be precluded from asserting in any judicial proceeding commenced pursuant to this Section 11 that the procedures
and presumptions of this Agreement are not valid, binding and enforceable and shall stipulate in any such court that the Corporation
is bound by all the provisions of this Agreement.

 

12.         Indemnification
and Advancement of Expenses Under this Agreement Not Exclusive; Survival of Rights. The
rights of indemnification and to receive advancement of Expenses as provided by this Agreement shall not be deemed exclusive of
any other rights to which Indemnitee may be entitled under the Articles or Bylaws, any other agreement, any vote of stockholders
or disinterested directors, the NRS, or otherwise. No amendment or alteration of this Agreement or of any provision hereof shall
limit or restrict any right of Indemnitee under this Agreement in respect of any action taken or omitted by such Indemnitee prior
to such amendment or alteration. To the extent that a change in the NRS, whether by statute or judicial decision, permits greater
indemnification or advancement of Expenses than would be afforded currently under the Articles, the Bylaws and this Agreement,
it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater benefits so afforded by such
change. No right or remedy herein conferred is intended to be exclusive of any other right or remedy, and every other right and
remedy shall be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at law
or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent
assertion or employment of any other right or remedy.

 

    	-9-

    	 

    

 

 

13.         Partial
Indemnification. If Indemnitee is entitled under any provision of this Agreement to
indemnification or to receive advancement by the Corporation for a portion of the Expenses, judgments, fines, penalties or amounts
paid in settlement actually and reasonably incurred by Indemnitee (or on his or her behalf) in connection with such Proceeding,
or any claim, issue or matter therein, but not, however, for the total amount thereof, the Corporation shall nevertheless indemnify
Indemnitee for the portion thereof to which Indemnitee is entitled.

 

14.         Contribution.
If it is established, under Section 9 of this Agreement or otherwise, that Indemnitee
has the right to be indemnified under this Agreement in respect of any claim, but that right is unenforceable by reason of applicable
law or public policy, then, to the fullest extent applicable law permits, the Corporation, in lieu of indemnifying or causing
the indemnification of Indemnitee under this Agreement, will contribute to the amount Indemnitee has incurred, whether for judgments,
fines, penalties, excise taxes, amounts paid or to be paid in settlement or for Expenses reasonably incurred, in connection with
that Proceeding, in such proportion as is deemed fair and reasonable in light of all the circumstances of that Proceeding in order
to reflect: (1) the relative benefits Indemnitee and the Corporation have received as a result of the event(s) or transactions(s)
giving rise to that Proceeding; or (2) the relative fault of Indemnitee and of the Corporation and its other functionaries in
connection with those event(s) or transaction(s).

 

15.         Liability
Insurance. Subject to Section 2.1 of this Agreement, for the duration of Indemnitee’s
service as a director and/or officer of the Corporation, and thereafter for so long as Indemnitee shall be subject to any pending
or possible Proceeding or of any claim, issue or matter therein, the Corporation shall use commercially reasonable efforts (taking
into account the scope and amount of coverage available relative to the cost thereof) to cause to be maintained in effect policies
of directors’ and officers’ liability insurance providing coverage for directors and/or officers of the Corporation
that is at least substantially comparable in scope and amount to that provided by the Corporation’s current policies of
directors’ and officers’ liability insurance. Indemnitee shall be covered by such policy or policies in accordance
with its or their terms.

 

16.         No
Duplication of Payments. The Corporation shall not be liable under this Agreement to
make any payment of amounts otherwise indemnifiable under this Agreement if, and to the extent that, Indemnitee is entitled to
or has otherwise actually received such payment under any contract, agreement or insurance policy, the Articles or the Bylaws,
or otherwise. Indemnitee hereby releases the Corporation and its respective authorized representatives from any claims for indemnification
hereunder if and to the extent that Indemnitee receives proceeds from any liability insurance policy or other third-party source
in payment or reimbursement for such Proceeding or claims. Indemnitee hereby agrees to assign all proceeds Indemnitee receives
under any such insurance policy or third-party agreement to the extent of the amount of indemnification made to Indemnitee under
the terms of this Agreement.

 

17.         Subrogation.
In the event of payment under this Agreement, the Corporation shall be subrogated to the
extent of such payment to all the rights of recovery of Indemnitee, who shall execute all papers required and shall do everything
that may be necessary to secure such rights, including without limitation the execution of such documents as may be necessary
to enable the Corporation effectively to bring suit to enforce such rights.

 

18.         Exceptions.
Notwithstanding any other provision in this Agreement, but except as provided in Section 11.4
of this Agreement, the Corporation shall not be obligated pursuant to the terms of this Agreement, to indemnify or advance Expenses
to Indemnitee with respect to any Proceeding, or any claim, issue or matter therein, (1) brought or made by Indemnitee, unless
the bringing of such Proceeding or the making of such claim, issue or matter shall have been approved by the Board, (2) in
which a final judgment is rendered against Indemnitee for an accounting of profits made from the purchase and sale or the sale
and purchase by Indemnitee of securities of the Corporation pursuant to the provisions of Section 16(b) of the Exchange Act, or
similar provisions of any federal, state or local statute, (3) if a final adjudication establishes that Indemnitee’s
acts or omissions involved a breach of Indemnitee’s fiduciaries duties and involved intentional misconduct, fraud or a knowing
violation of the law, or (4) charging an improper personal benefit to Indemnitee and Indemnitee is adjudged liable on that
basis, unless, in each case, the Nevada State District Court or other court in which such Proceeding was brought or other court
of competent jurisdiction determines upon application that in view of all the circumstances of the case, Indemnitee is fairly
and reasonably entitled to indemnity for such Expenses.

 

    	-10-

    	 

    

 

 

19.         Contractual
Rights. The right to be indemnified or to receive advancement of Expenses under this
Agreement (1) is a contract right based upon good and valuable consideration, pursuant to which Indemnitee may sue, (2) is
and is intended to be retroactive and shall be available as to events occurring prior to the date of this Agreement, and (3) shall
continue after any rescission or restrictive modification of this Agreement as to events occurring prior thereto.

 

20.         General
Provisions. 

 

20.1.          No
Construction as an Employment Agreement or Any Other Commitment. Nothing contained in this Agreement shall be construed as
giving Indemnitee any right to be retained in the employ or as an officer of the Corporation or any of its subsidiaries, if Indemnitee
currently serves as an officer of the Corporation, or to be renominated or reelected as a director of the Corporation, if Indemnitee
currently serves as a director of the Corporation.

 

20.2.          Notices.
 Any notice or other communication required or permitted to be given or made to the Corporation or Indemnitee pursuant to this
Agreement shall be given or made in writing (a) three business days after being deposited in the United States mail, with
return receipt requested and postage thereon prepaid, (b) upon delivery, when delivered personally or by overnight national
courier or express delivery, or (c) upon delivery, when sent by facsimile and provided confirmation of receipt is obtained,
addressed to the person to whom such notice or communication is directed at the address of such person on the records of the Corporation.
Any such notice or communication to the Corporation shall be addressed to the Secretary of the Corporation at the address of the
Corporation’s principal executive office set forth in the signature page of this Agreement.

 

20.3.          Severability.
If any provision or provisions of this Agreement shall be held to be invalid, illegal or unenforceable for any reason whatsoever,
the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. To
the fullest extent possible, the provisions of this Agreement shall be construed so as to give effect to the intent manifested
by the provisions held invalid, illegal or unenforceable, and any provision or provisions held to be invalid, illegal or unenforceable
for any reason whatsoever shall be deemed reformed to the extent necessary to conform to applicable law and to give the maximum
effect to the intent of the parties hereto.

 

20.4.          Successors;
Binding Agreement. The Corporation shall use its commercially reasonable efforts to cause any successor (whether direct or
indirect by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Corporation),
by written agreement in form and substance reasonably satisfactory to Indemnitee, to expressly assume and agree to perform this
Agreement in the same manner and to the same extent that the Corporation would be required to perform if no such succession had
taken place. As used in this Agreement, “Corporation” shall mean the Corporation as hereinbefore defined and any successor
to its business and/or assets as aforesaid that executes and delivers the agreement provided for in this Section or that otherwise
becomes bound by the terms and provisions of this Agreement by operation of law. This Agreement shall be binding upon the Corporation
and its successors and assigns (including, without limitation, any direct or indirect successor by purchase, merger, consolidation
or otherwise to all or substantially all of the business or assets of the Corporation).

 

    	-11-

    	 

    

 

 

20.5.          Counterparts,
Modification. This Agreement may be executed in counterparts, each of which shall be deemed an original and all of which when
taken together shall constitute one and the same instrument, and either party hereto may execute this Agreement by signing any
such counterpart. No provisions of this Agreement may be modified, waived or discharged unless such waiver, modification or discharge
is agreed to in writing and signed by Indemnitee and an appropriate authorized officer of the Corporation. No waiver by any party
at any time of any breach by any other party of, or compliance with, any condition or provision of this Agreement to be performed
by any other party shall be deemed a waiver of similar or dissimilar provisions or conditions at the same time or at any prior
or subsequent time.

 

20.6.          Headings,
Gender. Section headings are not to be considered part of this Agreement, are solely for convenience of reference, and shall
not affect the meaning or interpretation of this Agreement or any provision set forth herein. Pronouns in masculine, feminine
and neuter genders shall be construed to include any other gender, and words in the singular form shall be construed to include
the plural and vice versa, unless the context otherwise requires.

 

20.7.          Exclusive
Jurisdiction; Governing Law. The Corporation and Indemnitee agree that all disputes in any way relating to or arising under
this Agreement, including, without limitation, any action for advancement of Expenses or indemnification, shall be litigated,
if at all, exclusively in the Nevada courts, and if necessary, the corresponding appellate courts. This Agreement shall be governed
by and construed and enforced in accordance with the laws of the State of Nevada applicable to contracts made and to be performed
in such state without giving effect to its principles of conflicts of laws. The Corporation and Indemnitee (a) expressly
submit themselves to the personal jurisdiction of the Nevada courts for purposes of any action or proceeding arising out of or
in connection with this Agreement, (b)  waive any objection to the laying of venue of any such action or proceeding in the
Nevada courts, and (c) waive, and agree not to plead or to make, any claim that any such action or proceeding brought in
the Nevada courts has been brought in an improper or otherwise inconvenient forum.

 

20.8.          Effect
of Federal Law. Both the Corporation and Indemnitee acknowledge that in certain instances, federal law will override Nevada
law and prohibit the Corporation from indemnifying its officers and directors. The Corporation and Indemnitee specifically acknowledge
that the Securities and Exchange Commission has taken the position that indemnification is not permissible for liabilities arising
under certain federal securities laws, and federal law prohibits indemnification for certain violations of the Employee Retirement
Income Security Act.

 

20.9.          Savings
Clause. Nothing in this Agreement is intended to require or shall be construed as requiring the Corporation to do or fail
to do any act in violation of applicable law. The provisions of this Agreement (including any provision within a single section,
paragraph or sentence) shall be severable in accordance with this Section 20.9. If this Agreement or any portion thereof
shall be invalidated on any ground by any court of competent jurisdiction, the Corporation shall nevertheless indemnify Indemnitee
as to Expenses, judgments, fines and penalties with respect to any Proceeding to the fullest extent permitted by any applicable
portion of this Agreement that shall not have been invalidated or by any other applicable law, and this Agreement shall remain
enforceable to the fullest extent permitted by law.

 

[SIGNATURE
PAGE TO FOLLOW]

 

    	-12-

    	 

    

 

 

IN WITNESS
WHEREOF, the Corporation and Indemnitee have executed this Indemnification Agreement as of the date and year first above written.

 

	“CORPORATION”	 	 
	 	 	 
	WAY COOL IMPORTS, INC., 	 	ADDRESS:
	 	a Nevada corporation	 	
	 	 	 	2905 Tech Center Drive
	 	 	 	Santa Ana, CA 92705
	By:	 	 	Attn:  Corporate Secretary
	Name:	 	 	Telephone:	714.545.6266
	Title:	 	 	Facsimile:	714.545.6265
	 	 	 	 
	“INDEMNITEE”	 	ADDRESS:
	 	 	 	 
	 	 	 	 
	By:	 	 	 
	 	 	 	Telephone:	 
	 	(Print name)	 	Facsimile:	 

 

SIGNATURE PAGE
TO INDEMNIFICATION AGREEMENT

 

    	-13-

    	 

    

 

EXHIBIT
A

 

INDEMNITEE’S
UNDERTAKING

 

___________, 20_____

 

Way Cool Imports,
Inc.

2905 Tech Center
Drive

Santa Ana, CA 92705

Attn: Corporate
Secretary

 

Re: Indemnification
Agreement

 

Ladies and Gentlemen:

 

Reference is made
to the Indemnification Agreement dated as of April [·], 2014 by and between Way
Cool Imports, Inc., a Nevada corporation (the “Corporation”), and the undersigned Indemnitee (the “Agreement”),
and particularly to Section 7 thereof relating to the advancement by the Corporation of certain Expenses incurred by the
undersigned Indemnitee. Capitalized terms used and not otherwise defined in this Indemnitee’s Undertaking shall have the
respective meanings given to such terms in the Agreement.

 

The types and amounts
of Expenses incurred by or on behalf of the undersigned Indemnitee are itemized on Attachment I to this Indemnitee’s
Undertaking. The undersigned Indemnitee hereby requests that the total amount of these Expenses (the “Advanced Amount”)
be paid by the Corporation in advance of the final disposition of such Proceeding in accordance with the Agreement.

 

The undersigned
Indemnitee hereby agrees to repay the Advanced Amount to the Corporation to the extent that it is determined, following the final
disposition of such Proceeding and in accordance with Section 9, that the undersigned Indemnitee is not entitled to be indemnified
therefor by the Corporation.

 

Very truly yours,

 

[Signature]

 

[Name of Indemnitee
(Type or Print)]

 

    	A-1

    	 

    

 

ATTACHMENT
I TO

INDEMNITEE’S UNDERTAKING

 

ITEMIZATION
OF

TYPES AND AMOUNTS OF EXPENSES 

 

Attached hereto
are receipts, statements or invoices for the following qualifying Expenses which Indemnitee represents have been actually and
reasonably incurred by Indemnitee in connection with a Proceeding:

 

	 	 	Type	 	Amount	 	Notes
	1.	 	 	 	 	 	 
	2.	 	 	 	 	 	 
	3.	 	 	 	 	 	 
	4.	 	 	 	 	 	 
	5.	 	 	 	 	 	 
	 	 	Total:	 	 	 	 

 

ATTACHMENT A TO
INDEMNITEE’S UNDERTAKING

  

    	A-2WAY COOL IMPORTS, INC.

 

2014 EQUITY INCENTIVE PLAN

 

(APPROVED BY THE BOARD OF DIRECTORS ON
APRIL 22, 2014)

 

The purposes of the 2014 Equity Incentive
Plan (the “Plan”) are to foster and promote the long-term financial success of Way Cool Imports, Inc., a Nevada
corporation (the “Company”), and its affiliates and materially increase stockholder value by (1) motivating
superior performance by Participants, (2) providing Participants with an ownership interest in the Company, and (3) enabling the
Company and its Subsidiaries to attract and retain the services of outstanding Employees upon whose judgment, interest and special
effort the successful conduct of its operations is largely dependent.

 

Article
I:

Definitions

 

In addition to the terms defined in the
preamble above and elsewhere in the Plan, the following capitalized terms used in this Plan have the meanings set forth below.
Except when otherwise indicated by the context, reference to the masculine gender shall include, when used, the feminine gender
and any term used in the singular shall also include the plural.

 

“Award Agreement” means
any written agreement, contract or other instrument or document evidencing any Award granted under the Plan, which may, but need
not, be executed or acknowledged by a Participant.

 

“Award” means any Option,
SAR, award of Restricted Stock or Restricted Stock Units, Stock Award, Other Stock-Based Award, or Performance Award granted under
the Plan.

 

“Board” or “Board
of Directors” means the Board of Directors of the Company, as it may be constituted from time to time.

 

“Cause” means,
except as otherwise defined in an Award Agreement, with respect to any Participant (as determined by the Committee in its
sole discretion) (a) the continued and willful failure of the Participant substantially to perform the duties of his or her
employment or service for the Company or any Subsidiary (other than any such failure due to the Participant’s
disability); (b) the participant’s engaging in willful or serious misconduct that has caused or could reasonably be
expected to result in material injury to the Company or any of its affiliates, including, but not limited to by way of damage
to the Company’s or an affiliate’s reputation or public standing; (c) the Participant’s conviction of, or
entering a plea of guilty or nolo contendere to, a crime constituting a felony or (d) the Participant’s material
violation or breach of the Company’s or any affiliate’s code of conduct or ethics or other Company policy or rule
or the material breach by the Participant of any of his or her obligations under any written covenant or agreement with the
Company or any of its affiliates; or (e) any failure by the Participant to cooperate, if requested by the Company or any
Subsidiary, with any investigation or inquiry into the Participant’s or the Company’s or any Subsidiary’s
business practices, whether internal or external, including, but not limited to, the Participant’s refusal to be
deposed or to provide testimony at any trial or inquiry; provided that, with respect to any Participant who is a party to an
employment agreement or service contract with the Company or any affiliates, “Cause” shall have the
meaning specified in such agreement.

 

“Code” means the Internal
Revenue Code of 1986, as amended and in effect from time to time, or any successor statute.

 

    	 

    	 

    

 

“Committee” means the
Compensation Committee of the Board of Directors, or any successor committee thereto, or such other committee of the Board of Directors
as is appointed or designated by the Board to administer the Plan; provided, however, that the number of members of the committee
and their qualifications shall at all times that the Company or its officers and directors, by reason of their status as officers
or directors of the Company, are subject to such laws, satisfy the requirements for exemptions under Rule 16b-3 and tax deductibility
under Section 162(m). The full Board may perform any function of the Committee hereunder, except with respect to matters which
under Rule 16b-3, Section 162(m) or other applicable law (including stock exchange rules) are required to be determined in the
sole discretion of the Committee.

 

“Common Stock”
means the common stock, par value $0.001 per share (as such par value may be adjusted from time to time), of the Company.

 

“Covered Person” means
an Eligible Individual who is determined by the Committee to be a “covered employee” as defined in Section 162(m) for
the purpose of receiving performance-based compensation complying with Section 162(m).

 

“Eligible Individual”
means any Employee, Non-Employee Director or natural person who is a consultant to the Company or a Subsidiary.

 

“Employee” means
any officer or other employee of the Company or any Subsidiary.

 

“Exchange Act” means
the Securities Exchange Act of 1934, as amended.

 

“Fair Market Value” of
a share of Common Stock as of any date and unless otherwise determined by the Committee, shall be determined as follows:

 

(a) If the Common Stock is listed on any established
stock exchange, system or market, the Fair Market Value of a share of Common Stock shall be the closing price for a share of Common
Stock as quoted on the principal securities exchange on which such shares are then listed or admitted to trading on the date on
which such value is being determined; and

 

(b) In the absence of an established market for shares
of Common Stock, the Fair Market Value of a share of Common Stock shall be determined in good faith by the Committee by the reasonable
application of a reasonable valuation method, taking into account factors consistent with Treas. Reg. § 409A-1(b)(5)(iv)(B)
as the Committee deems appropriate.

 

“Incentive Stock Option”
or “ISO” means an option granted under Article V designated by the Committee as an incentive stock option
within the meaning of Section 422 of the Code or any successor provision thereto and qualifying thereunder.

 

“Non-Employee Director”
means a member of the board of directors of the Company who is not an Employee.

 

“Non-Qualified Stock Option”
means an option granted under Article V that is not designated as an incentive stock option by the Committee, or an option that
is designated as an incentive stock option to the extent such option does not comply with the provisions of Section 422 of the
Code.

 

“Option” means an Incentive
Stock Option or a Non-Qualified Stock Option.

 

Way Cool Imports, Inc.

2014 Equity Incentive
Plan 

    	-2-

    	 

    

 

“Other Stock-Based Award”
means any right granted under Section 8.2.

 

“Participant” means any
Eligible Individual who has been granted an Award under the Plan which remains outstanding, including a person who is no longer
an Eligible Individual.

 

“Person” means any individual,
corporation, joint venture, association, partnership, limited liability company, joint stock company, trust, unincorporated organization
or government or any agency or political subdivision thereof.

 

“Reporting Person” means
any Eligible Individual subject to Section 16 of the Exchange Act with respect to the Company.

 

“Restricted Stock” means
a grant of shares of Common Stock pursuant to Article VI which is subject to certain restrictions and to a risk of forfeiture.

 

“Restricted Stock Unit”
means a contractual right underlying an Award granted under Article VI that is denominated in shares of Common Stock, which unit
represents a right to receive a share of Common Stock (or the value of a share of Common Stock) upon the terms and conditions set
forth in the Plan and the applicable Award Agreement.

 

“Rule 16b-3” means
Rule 16b-3, as from time to time in effect and applicable to Participants, promulgated by the Securities and Exchange Commission
under Section 16 of the Exchange Act.

 

“SAR” or “Stock
Appreciation Right” means the right to receive a payment in cash or shares of Common Stock equal to the amount of appreciation,
if any, in the Fair Market Value of a share of Common Stock from the date of grant of the right to the date of its payment, and
which may be awarded to Eligible Individuals under Article V.

 

“Section 162(m)” means
Section 162(m) of the Code and regulations promulgated thereunder.

 

“Section 409A” means
Section 409A of the Code and regulations promulgated thereunder.

 

“Separation from Service”
means a “separation from service” as that term is defined in Section 409A.

 

“Specified Employee”
means “specified employee” as such term is defined in Section 409A.

 

“Stock Award” means an
award of shares of Common Stock pursuant to Section 8.1.

 

“Subsidiary” means any
corporation in an unbroken chain of corporations beginning with the Company if each of the corporations other than the last corporation
in the unbroken chain then owns stock possessing fifty percent (50%) or more of the total combined voting power of all classes
of stock in one of the other corporations in such chain. In the case of Incentive Stock Options, Subsidiary means any entity that
qualifies as a “subsidiary corporation” of the Company under Section 424(f) of the Code.

 

“Substitute Award” means
an Award granted in assumption of, or in substitution for, an outstanding award previously granted by a Person acquired by the
Company or with which the Company combines.

 

“Successor” with respect
to a Participant means the legal representative of an incompetent Participant and, if the Participant is deceased, the legal representative
of the estate of the Participant or the person or persons who may, by bequest or inheritance, or under the terms of an Award or
of forms submitted by the Participant to the Committee, acquire the right to receive cash and/or shares of Common Stock issuable
in satisfaction of an Award.

 

Way Cool Imports, Inc.

2014 Equity Incentive
Plan 

    	-3-

    	 

    

 

Article
II:

ADMINISTRATION

 

2.1           Generally.
The Committee shall have the authority to control and manage the operation and administration of the Plan; provided, however, that
all acts and authority of the Committee pursuant to this Plan are subject to the provisions of the Committee’s charter, as
amended from time to time, and such other authority as may be delegated to the Committee by the Board.

 

2.2           Grant
of Awards. The Committee has the exclusive power to make Awards, to determine when and to which Eligible Individuals Awards
will be granted, the types of Awards and the number of shares of Common Stock covered by the Awards, to establish the terms, conditions,
performance criteria, restrictions, and other provisions of such Awards, and, subject to the terms of the Plan and applicable law,
to cancel, suspend or amend existing Awards.

 

2.3           Section
162(m). Subject to the provisions of the Plan, the Committee will have the authority and discretion to determine the extent
to which Awards under the Plan will be structured to conform to the requirements applicable to performance-based compensation as
described in Section 162(m), and to take such action, establish such procedures, and impose such restrictions as necessary to conform
to such requirements. Notwithstanding any provision of the Plan to the contrary, if an Award under this Plan is intended to qualify
as performance-based compensation under Section 162(m) and the regulations issued thereunder and a provision of this Plan would
prevent such Award from so qualifying, such provision shall be administered, interpreted and construed to carry out such intention
(or disregarded to the extent such provision cannot be so administered, interpreted or construed).

 

2.4           Payment
of Awards. The Committee may, subject to Section 12.3, determine whether, to what extent and under what circumstances Awards
may be settled, paid or exercised in cash, shares of Common Stock or other Awards or other property, or canceled, forfeited or
suspended.

 

2.5           Interpretation.
The Committee has the authority to interpret the Plan and any Award made under the Plan, to establish, amend, waive and rescind
any rules and regulations relating to the administration of the Plan, to determine the terms and provisions of any Award Agreements
entered into hereunder (not inconsistent with the Plan), to amend the terms and provisions of any such Award Agreement (not inconsistent
with the Plan) and to make all other determinations necessary or advisable for the administration of the Plan. The Committee may
correct any defect, supply any omission or reconcile any inconsistency in the Plan or in any Award in the manner and to the extent
it deems desirable. The determinations of the Committee in the administration of the Plan, as described herein will be final, binding
and conclusive on all interested parties.

 

2.6           Delegation
of Authority. Except to the extent prohibited by applicable law or regulation, the Committee may allocate all or any portion
of its responsibilities and powers to any one or more of its members and may delegate all or any part of its responsibilities and
powers to any person or persons selected by it; provided, however, the Committee shall not delegate any such authority with respect
to any Awards made to a Reporting Person. The Committee may revoke any such allocation or delegation at any time.

 

Way Cool Imports, Inc.

2014 Equity Incentive
Plan 

    	-4-

    	 

    

 

2.7           Cooperation.
The Company and any affiliate will, to the fullest extent permitted by law, furnish the Committee with such data and information
as may be required for it to discharge its duties. The records of the Company and any affiliate as to an Eligible Individual’s
employment, or other provision of services, termination of employment, or cessation of the provision of services, leave of absence,
reemployment and compensation will be conclusive on all persons unless determined to be incorrect. Participants and other persons
entitled to benefit under the Plan must furnish the Committee such evidence, data or information as the Committee considers desirable
to carry out the terms of the Plan.

 

2.8           Indemnification.
To the fullest extent permitted by law, each member and former member of the Committee and each person to whom the Committee delegates
or has delegated authority under this Plan shall be entitled to indemnification by the Company against and from any loss, liability,
judgment, damage, cost and reasonable expense incurred by such member, former member or other person by reason of any action taken,
failure to act or determination made in good faith under or with respect to this Plan.

 

Article
III:

SHARES AVAILABLE FOR AWARDS

 

3.1           Number.
Subject to adjustment as provided in Section 3.4, the maximum number of shares of Common Stock that may be delivered pursuant to
Awards granted under the Plan is 7,500,000 Shares of Common Stock to be issued under the Plan may be made available from authorized
but unissued shares of Common Stock, shares of Common Stock held by the Company in its treasury, or shares of Common Stock purchased
by the Company on the open market or otherwise.

 

3.2           Award
Limitations. No Participant receiving an Award will be granted any Award with respect to more than 300,000 Shares of Common
Stock during any fiscal year.

 

3.3           Share
Counting. If any shares of Common Stock covered by an Award other than a Substitute Award, or to which such an Award relates,
terminate, lapse or are forfeited or cancelled, or such an Award is otherwise settled without the delivery of the full number of
shares of Common Stock underlying the Award, then the shares of Common Stock covered by such Award, or to which such Award relates,
to the extent of any such forfeiture, termination, lapse, cancellation, etc., shall again be, or shall become available for issuance
under the Plan. Shares of Common Stock Substitute Awards shall not reduce the number of shares of Common Stock available for delivery
under this Plan. Shares of Common Stock delivered in payment of the purchase price in connection with the exercise of Options or
shares of Common Stock delivered or withheld to pay tax-withholding obligations or otherwise under the Plan shall be added to and
shall increase the number of shares of Common Stock available for purposes of the Plan.

 

Way Cool Imports, Inc.

2014 Equity Incentive
Plan 

    	-5-

    	 

    

  

3.4           Adjustments.
In the event that the Committee shall determine that any dividend or other distribution (whether in the form of cash, shares of
Common Stock, other securities, or other property), recapitalization, share split, reverse share split, reorganization, merger,
consolidation, split-up, spin-off, combination, repurchase or exchange of shares of Common Stock or other securities of the Company,
issuance of warrants or other rights to purchase shares of Common Stock or other securities of the Company, or other similar corporate
transaction or event affects the shares of Common Stock such that an adjustment is determined by the Committee to be appropriate
in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan,
then the Committee shall, in such manner as it may deem equitable, adjust any or all of: (a) the number and type of shares of Common
Stock (or other securities or property) which thereafter may be made the subject of Awards, including without limitation the individual
limits set forth in Sections 4(a); (b) the number and type of shares of Common Stock (or other securities or property) subject
to outstanding Awards; and (c) the grant, purchase, or exercise price with respect to any Award or, if deemed appropriate, make
provision for a cash payment to the holder of an outstanding Award; provided, however, that the number of shares of Common Stock
subject to any Award shall always be a whole number. The Committee’s adjustment shall be effective and binding for all purposes
of this Plan, provided that no adjustment shall be made which will cause an ISO to lose its status as such, and further provided
that no such adjustment shall constitute (x) a modification of a stock right within the meaning of Treas. Reg. Section 1.409A-1(b)(5)(v)(B)
so as to constitute the grant of a new stock right, (y) an extension of a stock right, including the addition of any feature for
the deferral of compensation within the meaning of Treas. Reg. Section 1.409A-1(b)(5)(v)(C), or (z) an impermissible acceleration
of a payment date or a subsequent deferral of a stock right subject to Section 409A within the meaning of Treas. Reg. Section 1.409A-1(b)(5)(v)(E).
Furthermore, no adjustment as the result of a change in capitalization shall cause the exercise price to be less than the Fair
Market Value of such shares (as adjusted to reflect the change in capitalization) on the date of grant, and any adjustment as the
result of the substitution of a new stock right or the assumption of an outstanding stock right pursuant to a corporate transaction
shall satisfy the conditions described in Treas. Reg. Section 1.409A-1(b)(5)(v)(D).

 

Article
IV:

ELIGIBILITY

 

All Eligible Individuals are eligible to participate
in this Plan and receive Awards hereunder. Holders of equity-based awards issued by a company acquired by the Company or with which
the Company combines are eligible to receive Substitute Awards hereunder.

 

Article
V:

OPTIONS AND SARS

 

5.1           Grant.
The Committee is hereby authorized to grant Options and SARs to Participants with the following terms and conditions and with such
additional terms and conditions, in either case not inconsistent with the provisions of the Plan, as the Committee determines.
The grant of Options or SARS shall be evidenced by an Award Agreement that contains the terms of the Award, including, but not
limited to: (a) the number of shares of Common Stock that may be issued upon exercise of an Option or number of SARs subject to
an Award; (b) the exercise or base price of each Option or SAR; (c) the term of the Option or SAR; (d) such terms and conditions
on the vesting and/or exercisability of an Option or SAR as may be determined by the Committee; (e) any restrictions on transfer
of the Option or SAR and forfeiture provisions; (f) the effect on the term of the Option or SAR of the Separation from Service
of the Participant; and (g) such further terms and conditions, in each case, not inconsistent with this Plan as may be determined
from time to time by the Committee.

 

5.2           Exercise
Price. The exercise price per share of Common Stock under an Option or SAR will be determined by the Committee; provided, however,
that, except in the case of Substitute Awards, such exercise price shall not be less than the Fair Market Value of a share of Common
Stock on the date of grant of such Option or SAR; and provided further that in the case of ISOs granted to an individual then owning
(within the meaning of Section 424(d) of the Code) more than 10% of the total combined voting power of all classes of stock of
the Company or any subsidiary or parent corporation thereof (within the meaning of Section 422 of the Code), such price shall not
be less than 110% of the Fair Market Value of a share of Common Stock on the date the ISO is granted.

 

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5.3           Term.
The term of each Option and SAR will be fixed by the Committee in its discretion; provided , however, that the term shall not be
more than ten (10) years from the date the Option or SAR is granted, or five (5) years from such date if the option is an Incentive
Stock Option granted to an individual owning (directly and through the application of the attribution rules of Section 424(d) of
the Code) more than 10% of the total combined voting power of all classes of stock of the Company or any subsidiary or parent corporation
thereof (within the meaning of Section 422 of the Code).

 

5.4           Exercisability.
Subject to the terms of the Plan and the related Award Agreement, any Option or SAR may be exercised at any time during the period
commencing with either the date that Option or SAR is granted or the first date permitted under a vesting schedule established
by the Committee and ending with the expiration date of the Option or SAR. A Participant may exercise his Option or SAR for all
or part of the number of shares of Common Stock or rights which he is eligible to exercise under terms of the Option or SAR. The
Committee will determine the method or methods by which, and the form or forms in which, including, without limitation, cash, shares
of Common Stock, other Awards, or other property, or any combination thereof, having a Fair Market Value on the exercise date equal
to the relevant exercise price of an Option, payment of the exercise price with respect thereto may be made or deemed to have been
made.

 

5.5           Separation
from Service. Except as otherwise provided in the Award Agreement documenting an Option or SAR Award, the following general
rules will apply to outstanding Option and SAR Awards at the time of Separation from Service:

 

(a)          In
the event of Separation from Service for Cause, then all outstanding Option and SAR Awards, whether vested or unvested, will immediately
terminate and be forfeited.

 

(b)          In
all other events of Separation from Service, the Participant shall have a period of ninety (90) days following such Separation
from Service (or, if shorter, until the end of the term of a particular Option or SAR as established in the original Award Agreement)
to exercise any vested and unexercised Options and SARs then outstanding; all unvested Option and SAR Awards shall immediately
terminate and be forfeited.

 

5.6           Incentive
Stock Options. The terms of any Incentive Stock Option granted under the Plan shall comply in all respects with the provisions
of Section 422 of the Code, or any successor provision thereto, and any regulations promulgated thereunder. No Incentive Stock
Option shall be granted to any Eligible Individual who is not an Employee of the Company or a Subsidiary. Options designated as
Incentive Stock Options shall not be eligible for treatment under the Code as “incentive stock options” (and will be
deemed to be Non-Qualified Stock Options) to the extent that either (a) the aggregate Fair Market Value of shares of Common Stock
(determined as of the date of grant) with respect to such Options are exercisable for the first time by the Participant during
any calendar year (under all plans of the Company and any Subsidiary) exceeds $100,000, taking Options into account in the order
in which they were granted or (b) such Options otherwise remain exercisable but are not exercised within three (3) months of termination
of employment (or such other period of time provided in Section 422 of the Code).

 

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Article
VI:

RESTRICTED STOCK AWARDS

 

6.1           Grant.
The Committee is hereby authorized to grant Awards of Restricted Stock to Eligible Individuals. The grant of Restricted Stock shall
be evidenced by an Award Agreement that contains the terms of the Award, including, but not limited to: (a) the number of
shares of Restricted Stock subject to such Award; (b) the purchase price, if any, of the shares of Restricted Stock and the
means of payment for such shares; (c) the performance criteria, if any, and level of achievement in relation to the criteria that
shall determine the number of shares of Restricted Stock granted, issued, retainable and/or vested; provided, however, that any
such performance criteria shall be selected from the criteria set forth in Section 9.2 to the extent the Committee intends that
the Award comply with Section 162(m); (d) such terms and conditions of the grant, issuance, vesting and/or forfeiture of the Restricted
Stock as may be determined from time to time by the Committee; (e) restrictions on transferability of the Restricted Stock; and
(f) such further terms and conditions, in each case, not inconsistent with this Plan as may be determined from time to time by
the Committee.

 

6.2           Vesting
and Forfeiture. Restricted Stock granted under this Article VI is subject to such restrictions as the Committee may impose,
which restrictions may lapse separately or in combination at such time or times, in such installments or otherwise, as the Committee
may deem appropriate. Except as otherwise determined by the Committee, upon a termination of employment or service during the applicable
restriction period, Restricted Stock that is at that time subject to restrictions shall be forfeited and reacquired by the Company;
provided that the Committee may provide, by rule or regulation or in any Award document, or may determine in any individual case,
that restrictions or forfeiture conditions relating to Restricted Stock will lapse in whole or in part, including in the event of
terminations of employment resulting from specified causes.

 

6.3           Stock
Certificates. An Award of Restricted Stock may be evidenced in such manner as the Committee may deem appropriate, including,
without limitation, book-entry registration or issuance of a stock certificate or certificates. In the event any stock certificate
is issued in respect of shares of Restricted Stock, such certificate will be registered in the name of the Participant and bear
an appropriate legend referring to the terms, conditions, and restrictions applicable to such shares of Common Stock.

 

6.4           Dividends
and Voting Rights. Unless otherwise determined by the Committee, a Participant holding an outstanding Award of Restricted Stock
shall be entitled to (a) receive all dividends and distributions paid in respect of shares of Common Stock underlying such award;
provided, that if any such dividends or distributions are paid in shares of Common Stock or other securities, such shares and other
securities shall be subject to the same vesting and other restrictions as apply to the Restricted Stock with respect to which they
were paid, and (b) exercise full voting rights and other rights as a stockholder with respect to the shares of Common Stock underlying
such Award during the period during which such shares remain subject to restriction.

 

Article
VII:

RESTRICTED STOCK unit AWARDS

 

7.1           Grant.
The Committee is hereby authorized to grant Awards of Restricted Stock Units to Eligible Individuals. The grant of Restricted Stock
Units shall be evidenced by an Award Agreement that contains the terms of the Award, including, but not limited to: (a) the
number of Restricted Stock Units subject to such Award; (b) the purchase price, if any, of the Restricted Stock Units and
the means of payment for such Restricted Stock Units; (c) the performance criteria, if any, and level of achievement in relation
to the criteria that shall determine the number of Restricted Stock Units granted, issued, retainable and/or vested; provided,
however, that any such performance criteria shall be selected from the criteria set forth in Section 9.2 to the extent the Committee
intends that the Award comply with Section 162(m); (d) such terms and conditions of the grant, issuance, vesting and/or forfeiture
of the Restricted Stock Units as may be determined from time to time by the Committee; (e) restrictions on transferability of the
Restricted Stock Units; and (f) such further terms and conditions, in each case, not inconsistent with this Plan as may be determined
from time to time by the Committee.

 

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7.2           Vesting.
The Awards of Restricted Stock Units granted under this Article VII are subject to such restrictions as the Company may impose,
which restrictions may lapse separately or in combination, at such time or times, in such installments or otherwise, as the Committee
may deem appropriate.

 

7.3           Separation
from Service. Without limiting the foregoing, and except as otherwise revised in the Award Agreement documenting a Restricted
Stock Unit Award (“RSUs”), in the event of Separation from Service for Cause (as determined by the Company),
all outstanding RSUs will immediately terminate and be forfeited. In all other events of Separation from Service, to the extent
not previously paid, the Participant shall be paid any vested RSUs in accordance with the payment provisions of Section 7.4, and
all unvested RSUs shall immediately terminate and be forfeited.

 

7.4           Payment
of Award. The shares of Common Stock or cash underlying a Restricted Stock Unit Awards shall (subject to satisfaction of any
purchase price requirement) be transferred or paid to the Participant as soon as practicable following the Award date or the termination
of the vesting or other restrictions set forth in the Plan or the applicable Award Agreement and the satisfaction of any and all
other conditions of the Award applicable to such Restricted Stock Unit Award (the “Restriction End Date”), but
in no event later than two and one-half (21⁄2) months following the end of the calendar year that includes the later of the
Award date or the Restriction End Date, as the case may be. Notwithstanding any of the foregoing, to the extent that the provisions
of Section 7.3 hereof or the provisions of any Award Agreement for Restricted Stock Units require, distributions of shares of Common
Stock under circumstances that constitute a “deferral of compensation” shall conform to the applicable requirements
of Section 409A, including, without limitation, the requirement that a distribution to a Participant who is a “specified
employee” within the meaning of Section 409A(a)(2)(B)(i) which is made on account of the specified employee’s Separation
from Service shall not be made before the date which is six (6) months after the date of Separation from Service.

 

Article
VIII:

STOCK AWARDS AND OTHER STOCK-BASED AWARDS

 

8.1           Stock
Awards. The Committee is hereby authorized to grant Stock Awards to Eligible Individuals. Stock Awards may be issued by the
Committee in addition to, or in tandem with, other Awards granted under this Plan, and may be issued in lieu of any cash compensation
or fees for services to the Company as the Committee, in its discretion, determines or authorizes. Stock Awards shall be evidenced
by an Award Agreement or in such other manner as the Committee may deem necessary or appropriate, including, without limitation,
book-entry registration or issuance of a stock certificate or certificates. In the event any stock certificate is issued in respect
of shares of Common Stock underlying a Stock Award, such certificate will be registered in the name of the Participant.

 

8.2           Other
Stock-Based Awards. The Committee is hereby authorized to grant to Participants such other Awards (including, without limitation,
rights to dividends and dividend equivalents) that are denominated or payable in, valued in whole or in part by reference to, or
otherwise based on or related to, shares of Common Stock (including, without limitation, securities convertible into shares of
Common Stock) as are deemed by the Committee to be consistent with the purposes of the Plan. Subject to the terms of the Plan,
the Committee will determine the terms and conditions of such Awards and set forth such terms and conditions in an Award Agreement
related to such Award. Shares of Common Stock or other securities delivered pursuant to a purchase right granted under this Section
8.2 shall be purchased for such consideration, which may be paid by such method or methods and in such form or forms, including,
without limitation, cash, shares of Common Stock, other securities, other Awards or other property, or any combination thereof,
as the Committee determines, the value of which consideration, as established by the Committee, shall, except in the case of Substitute
Awards, not be less than the Fair Market Value of such shares or other securities as of the date such purchase right is granted.

 

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8.3           Payment.
Stock Awards and Other Stock-Based Awards shall be transferred or paid to the Participant as soon as practicable following the
Award date and the satisfaction of any and all other conditions of the applicable Award Agreement (the “Satisfaction Date”),
but in no event later than two and one-half (21⁄2) months following the end of the calendar year that includes the later of
the Award date or the Satisfaction Date, as the case may be.

 

Article
IX:

SECTION 162(m) PERFORMANCE BASED COMPENSATION

 

9.1           General
Requirements. To the extent that a Restricted Stock Award, Restricted Stock Unit Award, Stock Award or Other Stock-Based Award
is intended to qualify as performance-based compensation under Section 162(m) (a “Performance Award”) such Award
shall satisfy the requirements set forth in this Article IX.

 

9.2           Performance
Goals. Performance Awards shall be conditioned upon the achievement of objective pre-established goal(s) relating to one or
more of the following performance measures established in writing by the Committee within 90 days after the beginning of the applicable
performance period (and in no event after 25% of the performance period has lapsed) subject to such modifications as specified
by the Committee: cash flow; earnings (including earnings before interest, taxes, depreciation, and amortization); earnings per
share, diluted or basic; capital expenditures; debt, net debt, debt reduction; working capital; return on investment; economic
value added; cost of capital; stock price; return on equity; total stockholder return; return on capital; return on assets or net
assets; revenue; income or net income; and operating income or net operating income. To the extent consistent with Section 162(m),
the Committee may determine that certain adjustments apply, in whole or in part, in such manner as determined by the Committee,
to exclude the effect of any of the following events that occur during a performance period: the impairment of tangible or intangible
assets; litigation or claim judgments or settlements; the effect of changes in tax law, accounting principles or other such laws
or provisions affecting reported results; accruals for reorganization and restructuring programs, including, but not limited to,
reductions in force and early retirement incentives; and any extraordinary, unusual, infrequent or non-recurring items described
in management’s discussion and analysis of financial condition and results of operations or the financial statements and
notes thereto appearing in the Company’s annual report to shareholders for the applicable year. Performance measures may
be determined either individually, alternatively or in any combination, applied to either the Company as a whole or to a business
unit or Subsidiary entity thereof, either individually, alternatively or in any combination, and measured over a period of time
including any portion of a year, annually or cumulatively over a period of years, on an absolute basis or relative to a pre-established
target, to previous years’ results or to a designated comparison group, in each case as specified by the Committee.

 

9.3           Certification
of Performance Goals. Achievement of the performance goals established in accordance with Section 9.2 shall be certified in
writing prior to payment of the Performance Award, as required by Section 162(m). In addition to establishing minimum performance
goal(s) below which no compensation shall be payable pursuant to a Performance Award, the Committee, in its discretion, may create
a performance schedule under which an amount less than or more than the target award may be paid so long as the performance goal(s)
have been achieved.

 

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9.4           Committee
Discretion. Notwithstanding any provision of this Plan to the contrary, the Committee, in its sole discretion, may retain the
discretion to reduce the amount of any Performance Award to a Participant if it concludes that such reduction is necessary or appropriate
based upon: (a) an evaluation of such Participant’s performance; (b) comparisons with compensation received by other similarly
situated individuals working within the Company’s industry; (c) the Company’s financial results and conditions; or
(d) such other factors or conditions that the Committee deems relevant. The Committee shall not use its discretionary authority
to increase any award that is intended to be performance-based compensation under Section 162(m).

 

9.5           Payment.
Performance Awards shall be transferred or paid to the Participant as soon as practicable following the termination of the vesting
or other restrictions set forth in the Plan or the applicable Award Agreement and the satisfaction of any and all other conditions
of the Award Agreement applicable to such Performance Award (the “Performance End Date”), but in no event later
than two and one-half (21⁄2) months following the end of the calendar year that includes the Performance End Date.

 

Article
X:

General terms applicable to awards

 

10.1         Exemptions
from Section 16(b) Liability. With respect to a Reporting Person, the Committee shall implement transactions under the Plan
and administer the Plan in a manner that will ensure that each transaction with respect to such a Participant is exempt under Rule
16b-3 or otherwise not subject to liability under Section 16(b), except that this provision shall not limit sales by such a Participant,
and such a Participant may engage in other non-exempt transactions under the Plan. The Committee may authorize the Company to repurchase
any Award or shares of Stock deliverable or delivered in connection with any Award in order to avoid a Participant who is subject
to Section 16 of the Exchange Act incurring liability under Section 16(b).

 

10.2         Section
409A Compliance. Notwithstanding any other provision of this Plan to the contrary, all Awards under this Plan shall be designed
and administered in a manner that does not result in the imposition of tax or penalties under Section 409A. Accordingly, Awards
under this Plan shall comply with the following requirements, as applicable.

 

(a)          Distributions
to Specified Employees Upon Separation from Service. To the extent that payment under an Award which is subject to Section
409A is due to a Specified Employee on account of the Specified Employee’s Separation from Service from the Company or its
affiliate or subsidiary, such payment shall be delayed until the first day of the seventh month following such Separation from
Service (or as soon as practicable thereafter). The Committee, in its discretion, may provide in the Award document for the payment
of interest at a rate set by the Committee for such six-month period.

 

(b)          No
Acceleration of Payment. To the extent that an Award is subject to Section 409A, payment under such Award shall not be accelerated
from the date(s) specified in the Award document as of the date of grant.

 

(c)          Subsequent
Delay in Payment. To the extent that an Award is subject to Section 409A, payment under such Award shall not be deferred beyond
the dates specified in the Award document as of the date of grant, unless the Committee makes the decision to delay payment at
least one year prior to the scheduled payment date, and payment is delayed at least five years.

 

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10.3         Exemptions
from Section 409A. The following Awards are intended to be exempt from the requirements of Section 409A.

 

(a)          Non-Discounted
Options. Any Option issued with an exercise price that is at least equal to the Fair Market Value of a share of Common Stock
on the date of grant.

 

(b)          Non-Discounted
SARs. Any SAR issued with an exercise or base price at least equal to the Fair Market Value of a share of Common Stock on the
date of grant.

 

(c)          Restricted
Stock and Stock Awards. Restricted Stock, Stock Awards and any other property right subject to tax under Section 83 of the
Code.

 

(d)          Short-Term
Deferrals. Any Award which is paid no later than two and one-half (21⁄2) months following the year in which the Award
vests.

 

Article
XI:

change of control

 

11.1         Generally.
The Committee may, in its discretion, at the time an Award is made hereunder or at any time prior to, coincident with or after
the time of a Change of Control (a) subject to Section 10.2, provide for the acceleration of any time periods relating to the exercise
or realization of such Awards, so that such Awards may be exercised or realized in full on or before a date fixed by the Committee;
(b) provide for the purchase of such Awards, upon the Participant’s request, for an amount of cash equal to the amount which
could have been obtained upon the exercise or realization of such Awards had such Awards been currently exercisable or payable;
(c) make such adjustment to the Awards then outstanding as the Committee deems appropriate to reflect such Change of Control; or
(d) cause the Awards then outstanding to be assumed, or new rights substituted therefore, by the surviving corporation in such
Change of Control. The Committee may, in its discretion, include such further provisions and limitations in any Award Agreement
as it may deem equitable and in the best interests of the Company.

 

11.2         Definition.
“Change of Control” means a change of control of the Company of a nature that would be required to be reported
in response to Item 6(e) of Schedule 14A promulgated under the Exchange Act, or Item 5.01 of a Current Report on Form 8-K or any
successor rule, whether or not the Company is then subject to such reporting requirements; provided that, without limitation, such
a Change of Control shall be deemed to occur if:

 

(a)          any
“person” (as such term is used in Sections 13(d) and 14 (d) of the Exchange Act) is or becomes the “beneficial
owner” (as determined for purposes of Regulation 13D-G under the Exchange Act as currently in effect), directly or indirectly,
in a transaction or series of transactions, of securities of the Company representing more than 50% of the voting power of the
Company’s voting capital stock (the “Voting Stock”); or

 

(b)          The
consummation of a merger, or other business combination after which the holders of the Voting Stock do not collectively own 50%
or more of the voting capital stock of the entity surviving such merger or other business combination, or the sale, lease, exchange
or other transfer in a transaction or series of transactions of all or substantially all of the assets of the Company; or

 

(c)          A
majority of the Board is replaced in any twelve (12) month period by individuals whose appointment or election is not endorsed
by a majority of the members of the Board prior to the date of the appointment or election.

 

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Any good faith determination by the Committee
as to whether a Change of Control within the meaning of this Section has occurred shall be conclusive and binding on the Participants.

 

11.3         Limitation
on Payments in the Event of a Change of Control. Notwithstanding anything in this Plan to the contrary, any Award (or portion
of an Award) that would constitute an excess parachute payment, as such term is defined in Section 280G of the Code, shall be reduced
to an amount that would not constitute an excess parachute payment so as to avoid the deduction limitations and excise tax under
Sections 280G and 4999, respectively. The Company shall have no obligation to pay to the Participant the amount by which any Award
is reduced in accordance with this Section 11.3.

 

Article
XII:

effective date, amendment, modification

and termination of plan

 

12.1         Effective
Date. The Plan shall be effective as of the effective date of the merger of Way Cool Merger Sub, Inc., a Nevada corporation
and wholly-owned subsidiary of the Company, with and into QuantumSphere, Inc., a California corporation. No Award may be granted
under the Plan after the tenth anniversary of the date at which this Plan is approved by stockholders of the Company. However,
unless otherwise expressly provided in the Plan or in an applicable Award Agreement, any Award theretofore granted may extend beyond
such date, and the authority of the Committee to administer the Plan and to amend, alter, adjust, suspend, discontinue, or terminate
any such Award, or to waive any conditions or rights under any such Award, and the authority of the Board to amend the Plan, shall
extend beyond such date.

 

12.2         Plan
Amendment and Termination. Except to the extent prohibited by applicable law and unless otherwise expressly provided in an
Award Agreement or in the Plan, the Board may amend, alter, suspend, discontinue, or terminate the Plan or any portion thereof
at any time; provided, however, that no such amendment, alteration, suspension, discontinuation or termination shall be made without:
(a) stockholder approval if such approval is necessary to comply with any tax, legal or regulatory (including, for this purpose,
the rules of any national securities exchange(s) on which the Common Stock is then listed) requirement for which or with which
the Board deems it necessary or desirable to qualify or comply; or (b) the consent of the affected Participant, if such action
would adversely affect any material rights of such Participant under any outstanding Award. Notwithstanding the foregoing or any
provision of the Plan to the contrary, the Committee may at any time (without the consent of the Participant) modify, amend or
terminate any or all of the provisions of this Plan to the extent necessary to conform the provisions of the Plan with Section
409A regardless of whether such modification, amendment, or termination of the Plan shall adversely affect the rights of a Participant
under the Plan.

 

12.3         Award
Amendment. The Committee may waive any conditions or rights under, amend any terms of, or amend, alter, suspend, discontinue
or terminate, any Award theretofore granted, prospectively or retroactively, without the consent of any Participant or holder or
beneficiary of an Award; provided, however, that no such action shall impair any material rights of a Participant or holder or
beneficiary under any Award theretofore granted under the Plan.

 

12.4         Adjustment
of Awards. The Committee is authorized to make adjustments in the terms and conditions of, and the criteria included in, Awards
in recognition of unusual or nonrecurring events (including, without limitation, an event affecting the Company, or the financial
statements of the Company, or of changes in applicable laws, regulations or accounting principles), whenever the Committee determines
that such adjustments are appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended
to be made available under the Plan, subject, with respect to Awards intended to meet the requirements of Section 162(m), compliance
with the provisions of Section 162(m).

  

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Article
XIII:

MISCELLANEOUS

 

13.1         No
Right to Continued Employment. Nothing in the Plan or in any Award Agreement confers upon any Eligible Individual who is a
Participant the right to continue in the service or employment of the Company or any affiliate or affect any right which the Company
or any affiliate may have to terminate or modify the employment or provision of service of the Participant with or without cause.

 

13.2         No
Rights as a Stockholder. Notwithstanding anything to the contrary in the Plan, no Participant or Successor shall have any voting
or other rights as a stockholder of the Company with respect to any Common Stock covered by an Award until the issuance of a certificate
or certificates to the Participant for such Common Stock. No adjustment shall be made for dividends or other rights for which the
record date is prior to the issuance of such certificates.

 

13.3         Withholding.
The Company has the right to withhold from any payment of cash or Stock to a Participant or other person under the Plan an amount
sufficient to cover any required withholding taxes, including the Participant’s social security and Medicare taxes (FICA)
and federal, state, local income tax or such other applicable taxes (“Taxes”) with respect to income arising
from payment of the Award. The Company may require the payment of any Taxes before issuing any Stock pursuant to the Award. The
Committee may, if it deems appropriate in the case of a Participant, withhold such Taxes through a reduction of the number of shares
of Common Stock delivered to such individual, or allow the Participant to elect to cover all or any part of the required withholdings,
and to cover any additional withholdings up to the amount needed to cover the Taxes with respect to income arising from payment
of the Award, through a reduction of the number of shares of Common Stock delivered to such individual or a subsequent return to
the Company of shares of Common Stock held by the Participant, in each case valued in the same manner as used in computing the
withholding taxes under the applicable laws.

 

13.4         No
effect on Compensation. Awards received by a Participant under this Plan are not be deemed a part of a Participant’s
regular, recurring compensation for purposes of any termination, indemnity or severance pay laws and shall not be included in,
nor have any effect on, the determination of benefits under any other employee benefit plan, contract or similar arrangement provided
by the Company or an affiliate , unless expressly so provided by such other plan, contract or arrangement, or unless the Committee
so determines. No provision of the Plan shall prevent the Company from adopting or continuing in effect other or additional compensation
arrangements, including incentive arrangements providing for the issuance of options and stock, and awards that do not qualify
under Section 162(m), and such arrangements may be generally applicable or applicable only in specific cases.

 

13.5         Non-Assignment.
Except as the Committee may otherwise determine from time to time: (a) no Award and no right under any Award shall be assignable,
alienable, saleable or transferable by a Participant otherwise than by will or by the laws of descent and distribution; provided,
however, that, a Participant may, in the manner established by the Committee, designate a beneficiary or beneficiaries to exercise
the rights of the Participant, and to receive any property distributable, with respect to any Award upon the death of the Participant;
and provided, further, however, that in no event shall the Committee authorize any assignment, alienation, sale, or other transfer
under this paragraph that would provide a Participant or beneficiary with the opportunity to receive consideration from a third
party; (b) each Award, and each right under any Award, shall be exercisable during the Participant’s lifetime only by the
Participant or, if permissible under applicable law, by the Participant’s guardian or legal representative; and (c) no
Award and no right under any such Award, may be pledged, alienated, attached, or otherwise encumbered, and any purported pledge,
alienation, attachment or encumbrance thereof shall be void and unenforceable against the Company. The provisions of this paragraph
shall not apply to any Award which has been fully exercised, earned or paid, as the case may be, and shall not preclude forfeiture
of an Award in accordance with the terms thereof.

 

Way Cool Imports, Inc.

2014 Equity Incentive
Plan 

    	-14-

    	 

    

  

13.6         Unfunded
Plan. This Plan is unfunded and the Company is not required to segregate any assets that may at any time be represented by
Awards under this Plan. Neither the Company, its Subsidiaries or other affiliates, the Committee, nor the Board shall be deemed
to be a trustee of any amounts to be paid under this Plan nor shall anything contained in this Plan or any action taken pursuant
to its provisions create or be construed to create a fiduciary relationship between the Company and/or its Subsidiaries or other
affiliates, and a Participant or Successor. To the extent any person acquires a right to receive an Award under this Plan, such
right shall be no greater than the right of an unsecured general creditor of the Company.

 

13.7         Limitation
of Liability. Any liability of the Company to any Participant with respect to an Award shall be based solely upon contractual
obligations created by this Plan and the applicable Award Agreement. Except as may be required by law, neither the Company nor
any member or former member of the Board or of the Committee, nor any other person participating (including participation pursuant
to a delegation of authority under Section 2.6 hereof) in any determination of any question under this Plan, or in the interpretation,
administration or application of this Plan, shall have any liability to any party for any action taken, or not taken, under this
Plan.

 

13.8         Legal
Requirements. No certificate for shares of Common Stock distributable pursuant to this Plan will be issued and delivered unless
the issuance of such certificate complies with all applicable legal requirements including, without limitation, compliance with
the provisions of Section 409A, applicable state securities laws, the Securities Act of 1933, as amended and in effect from time
to time or any successor statute, the Exchange Act and the requirements of the national securities exchange(s) on which the Company’s
Stock may, at such time, be listed.

 

13.9         Governing
Law. To the extent that federal laws do not otherwise control, this Plan and all determinations made and actions taken pursuant
to this Plan shall be governed by the laws of the State of Nevada, without giving effect to its conflict of law provisions.

 

13.10         Severability.
In the event that any provision of this Plan is held to be illegal or invalid for any reason, the illegality or invalidity shall
not affect the remaining provisions of this Plan, and this Plan shall be construed and enforced as if the illegal or invalid provision
had not been included.

 

13.11         No
Fractional Shares. No fractional shares shall be issued or delivered pursuant to this Plan or any Award Agreement, and the
Committee shall determine whether cash, other securities, or other property shall be paid or transferred in lieu of any fractional
shares, or whether such fractional shares or any rights thereto shall be canceled, terminated, or otherwise eliminated.

 

13.12         
Headings. Headings are provided herein for convenience only and not to serve as a basis for interpretation or construction
of the Plan.

 

Way Cool Imports, Inc.

2014 Equity Incentive
Plan 

    	-15-

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