Document:

Exhibit 10.1

 

THIS NOTE HAS NOT BEEN REGISTERED UNDER
THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED,
SOLD, PLEDGED, OR OTHERWISE TRANSFERRED OR DISPOSED OF UNLESS AND UNTIL THIS NOTE IS REGISTERED UNDER THE SECURITIES ACT AND APPLICABLE
STATE SECURITIES LAWS OR AN EXEMPTION FROM SUCH REGISTRATION IS AVAILABLE.

 

PROMISSORY NOTE

 

	February 1, 2019	$ 6,430,000.00

 

FOR VALUE RECEIVED,
and subject to the terms and conditions set forth herein, EVO Equipment Leasing, LLC, a Delaware corporation, on behalf of itself
and its successors and assigns (collectively, the “Maker”), hereby unconditionally promises to pay to the order
of John Lampsa and Ursula Lampsa (collectively, the “Noteholder,” and together with the Maker, the “Parties”),
the principal amount of SIX MILLION FOUR HUNDRED THIRTY THOUSAND AND 00/100 DOLLARS ($6,430,000) (the “Loan”),
together with all accrued interest thereon, as provided in this Promissory Note (the “Note,” as the same may
be amended, restated, supplemented or otherwise modified from time to time in accordance with its terms).

 

1.
Definitions. Capitalized terms used herein and not defined elsewhere in this Note shall have the meanings set forth
in this Section 1.

 

“Event of
Default” has the meaning set forth in Section 5.

 

“Governmental
Authority” means the government of any nation or any political subdivision thereof, whether at the national, state,
territorial, provincial, municipal or any other level, and any agency, authority, instrumentality, regulatory body, court, central
bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of,
or pertaining to, government (including any supranational bodies such as the European Union or the European Central Bank).

 

“Interest
Rate” means the rate equal to nine percent (9%) per annum.

 

“Law” as
to any Person means any law (including common law), statute, ordinance, treaty, rule, regulation, policy or requirement of any
Governmental Authority and authoritative interpretations thereon, whether now or hereafter in effect, in each case, applicable
to or binding on such Person or any of its properties or to which such Person or any of its properties is subject.

 

“Loan” has
the meaning set forth in the introductory paragraph.

 

“Maker” has
the meaning set forth in the introductory paragraph.

 

“Maturity
Date” means August 31, 2020.

 

     

     

    

 

“Note” has
the meaning set forth in the introductory paragraph.

 

“Noteholder” has
the meaning set forth in the introductory paragraph.

 

“Order” as
to any Person, means any order, decree, judgment, writ, injunction, settlement agreement, requirement or determination of an arbitrator
or a court or other Governmental Authority, in each case, applicable to or binding on such Person or any of its properties or
to which such Person or any of its properties is subject.

 

“Parties” has
the meaning set forth in the introductory paragraph.

 

“Person” means
any individual, corporation, limited liability company, trust, joint venture, association, company, limited or general partnership,
unincorporated organization, Governmental Authority or other entity.

 

2.
Repayment of Principal and Interest.

 

2.1 Monthly Payments.
No principal or interest payments will be due hereunder until June 1, 2019. Thereafter, principal and interest on this Note shall
be paid in equal monthly installments of $50,000 each on the 1st day of each calendar month commencing June 1, 2019
until the Loan is paid in full, whether at maturity, upon acceleration, by prepayment or otherwise. Any payment shall apply first
to interest, which is payable in advance and not in arrears, then to principal.

 

2.2 Final Payment
Date. The aggregate unpaid principal amount of the Loan, all accrued and unpaid interest and all other amounts payable under
this Note shall be due and payable on the Maturity Date.

 

2.3 Optional Prepayment.
The Maker may prepay the Loan in whole or in part at any time or from time to time without penalty or premium by paying the principal
amount to be prepaid and all accrued interest thereon to the date of prepayment. No prepaid amount may be reborrowed. Any partial
prepayment shall first be applied to interest then to principal.

 

2.4 Mandatory Prepayment.
If the Maker raises Fifteen Million Dollars ($15,000,000) or more in one or a series of private or public debt or equity securities
offerings before June 1, 2019, then the Maker will repay the aggregate unpaid principal amount of the Loan, all accrued and unpaid
interest and all other amounts payable under this Note in full out of proceeds received by the Maker from such offering or offerings
by June 1, 2019.

 

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3.
Interest.

 

3.1 Interest Rate.
The outstanding principal amount of the Loan made hereunder shall bear no interest from the date of this Note until June 1, 2019.
Beginning June 1, 2019, the outstanding principal amount of the Loan made hereunder shall bear interest at the Interest Rate, calculated
monthly in advance, until the Loan is paid in full, whether at maturity, upon acceleration, by prepayment or otherwise.

 

3.2 Computation
of Interest. All computations of interest shall be made on the basis of a year of 365/366 days, as the case may be. Interest
shall not accrue on the Loan on the day on which it is paid.

 

4.
Payment Mechanics.

 

4.1 Manner of Payment.
All payments of interest and principal shall be made in lawful money of the United States of America on the date on which such
payment is due, without set-off or deduction of any kind, by cashier’s check delivered to the address as set forth in, or
otherwise provided pursuant to, the notice provisions hereof or by wire transfer of immediately available funds to the Noteholder’s
account at a bank specified by the Noteholder to the Maker from time to time.

 

4.2 Application
of Payments. All payments made hereunder shall be applied first, to the payment of any fees or charges outstanding hereunder,
second, to accrued interest and third, to the payment of the principal amount outstanding under the Note.

 

4.3 Business Day
Convention. Whenever any payment to be made hereunder shall be due on a day that is not a Business Day, such payment shall
be made on the next succeeding Business Day and such extension will be taken into account in calculating the amount of interest
payable under this Note.

 

5.
Events of Default. The occurrence of any of the following shall constitute an Event of Default hereunder:

 

5.1 Failure to
Pay. The Maker fails to pay any amount of the Loan when amount is due and such default continues ten (10) calendar days after
the date the Noteholder gives notice that the amount is past due.

 

5.2 Late Fee.
If any installment payable under this Note (including the final installment due on the Maturity Date) is not received by Noteholder
on or prior to ten (10) calendar days after the same is due (without regard to any applicable cure or notice period, and regardless
of whether notice of the failure to pay has been given), Maker shall pay to Noteholder upon demand an amount equal to two percent
(2%) of such unpaid sum to defray the expenses incurred by Maker in handling and processing such delinquent payment and to compensate
Maker for the loss of the use of such delinquent payment.

 

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5.3 Bankruptcy.

 

(a) the Maker commences
any case, proceeding or other action (i) under any existing or future law relating to bankruptcy, insolvency, reorganization, or
other relief of debtors, seeking to have an order for relief entered with respect to it, or seeking to adjudicate it as bankrupt
or insolvent, or other relief with respect to it or its debts, or (ii) seeking appointment of a receiver, trustee, custodian, conservator
or other similar official for it or for all or any substantial part of its assets, or the Maker makes a general assignment for
the benefit of its creditors;

 

(b) there is commenced
against the Maker any case, proceeding or other action of a nature referred to in clause (a) above which (i) results in the entry
of an order for relief or any such adjudication or appointment or (ii) remains undismissed, undischarged or unbonded for a period
of sixty (60) days;

 

(c) there is commenced
against the Maker any case, proceeding or other action seeking issuance of a warrant of attachment, execution or similar process
against all or any substantial part of its assets which results in the entry of an order for any such relief which has not been
vacated, discharged, or stayed or bonded pending appeal within sixty (60) days from the entry thereof;

 

(d) the Maker takes
any action in furtherance of, or indicating its consent to, approval of, or acquiescence in, any of the acts set forth in clause
(a), (b) or (c) above; or

 

(e) the Maker is generally
not, or is unable to, or admits in writing its inability to, pay its debts as they become due.

 

5.4 Change of Control.
Consummation of a sale, in one or a series of related transactions, of the Maker (whether by merger, reorganization, consolidation,
sale of all or substantially all of the Maker’s assets or sale, directly or indirectly, of at least 50% of the Maker’s
equity interests) to an unaffiliated third-party of the Maker.

 

6.
Remedies. Upon the occurrence of an Event of Default and at any time thereafter during the continuance of such Event
of Default, the Noteholder may, at its option by written notice to the Maker, (a) declare the entire principal amount of this Note,
together with all accrued interest thereon and all other amounts payable hereunder, immediately due and payable and/or (b) exercise
any or all of its rights, powers or remedies under applicable law; provided, however that, if an Event of Default described
in Section 5.3 shall occur, the principal of and accrued interest on the Loan shall become immediately due and payable without
any notice, declaration or other act on the part of the Noteholder.

 

7.
Additional Note Terms.

 

7.1 Lien. This
Note and the obligations evidenced hereunder are secured by the equity interests of Ursa Major Corporation and J.B. Lease Corporation
held by EVO Transportation & Energy Services, Inc. and Maker, respectively, pursuant to a Stock Pledge Agreement of even date
herewith.

 

7.2 Reserved.

 

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7.3 Securities
Act. This Note has not been registered under the Securities Act of 1933, as amended, or under the securities law of any state.
This Note may not be sold or transferred in the absence of registration or exemption therefrom under said Act and any applicable
state laws.

 

8.
Miscellaneous.

 

8.1 Notices.
 

 

(a) All payments, notices,
requests or other communications required or permitted to be delivered hereunder shall be delivered in writing to such address
as a Party may from time to time specify in writing.

 

(b) Notices shall be
deemed to have been given (i) if mailed by certified or registered mail, four (4) days after the date of mailing, (ii) if hand
delivered, on the date of delivery, (iii) if sent by overnight courier service, on the day after the date of delivery to the courier,
(iv) if sent by facsimile during the normal business hours of the recipient, on the day sent (and if sent after normal business
hours, on the opening of the recipient’s business on the next day that is not a Saturday, Sunday or federal legal holiday)
and (v) sent by email, on the sender’s receipt of an acknowledgment from the intended recipient (such as by the “return
receipt requested” function, as available, return e-mail or other written acknowledgment).

 

8.2 Governing Law.
This Note and any claim, controversy, dispute or cause of action (whether in contract or tort or otherwise) based upon, arising
out of or relating to this Note and the transactions contemplated hereby shall be governed by the laws of the State of Delaware.

 

8.3 Submission
to Jurisdiction.

 

(a) The Maker hereby
irrevocably and unconditionally (i) agrees that any legal action, suit or proceeding arising out of or relating to this Note may
be brought in the federal or state courts of the State of Delaware, and (ii) submits to the jurisdiction of any such court
in any such action, suit or proceeding, and (iii) agrees that the venue for any such action, suit or proceeding shall be only in
such courts. Final judgment against the Maker in any action, suit or proceeding shall be conclusive and may be enforced in any
other jurisdiction by suit on the judgment.

 

(b) Nothing in this
Section 8.3 shall affect the right of the Noteholder to (i) commence legal proceedings or otherwise sue the Maker in
any other court having jurisdiction over the Maker or (ii) serve process upon the Maker in any manner authorized by the laws of
any such jurisdiction.

 

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8.4 Waiver of Jury
Trial. THE MAKER HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL
BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY RELATING TO THIS NOTE OR THE TRANSACTIONS CONTEMPLATED HEREBY WHETHER BASED
ON CONTRACT, TORT OR ANY OTHER THEORY.

 

8.5 Counterparts;
Integration; Effectiveness. This Note and any amendments, waivers, consents or supplements hereto may be executed in counterparts,
each of which shall constitute an original, but all taken together shall constitute a single contract. This Note constitutes the
entire contract between the Parties with respect to the subject matter hereof and supersede all previous agreements and understandings,
oral or written, with respect thereto. Delivery of an executed counterpart of a signature page to this Note by facsimile or in
electronic (i.e., “pdf” or “tif”) format shall be effective as delivery of a manually executed counterpart
of this Note.

 

8.6 Waiver of Notice.
The Maker hereby waives presentment, demand for payment, protest, notice of dishonor, notice of protest or nonpayment, notice of
acceleration of maturity and diligence in connection with the enforcement of this Note or the taking of any action to collect sums
owing hereunder.

 

8.7 Amendments
and Waivers. No term of this Note may be waived, modified or amended except by an instrument in writing signed by both of the
parties hereto. Any waiver of the terms hereof shall be effective only in the specific instance and for the specific purpose given.

 

8.8 Headings.
The headings of the various Sections and subsections herein are for reference only and shall not define, modify, expand or limit
any of the terms or provisions hereof.

 

8.9 No Waiver;
Cumulative Remedies. No failure to exercise and no delay in exercising on the part of the Noteholder, of any right, remedy,
power or privilege hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right, remedy,
power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or
privilege. The rights, remedies, powers and privileges herein provided are cumulative and not exclusive of any rights, remedies,
powers and privileges provided by law.

 

8.10 Severability.
If any term or provision of this Note is invalid, illegal or unenforceable in any jurisdiction, such invalidity, illegality or
unenforceability shall not affect any other term or provision of this Note or invalidate or render unenforceable such term or provision
in any other jurisdiction.

 

[Signature page follows.]

 

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IN WITNESS WHEREOF, the Maker
has executed this Note as of date first written above.

 

	 	EVO EQUIPMENT LEASING, LLC
	 	 
	 	By	/s/ Damon Cuzick
	 	Name: 	Damon Cuzick
	 	Title:	President

 

	Accepted and agreed to by:	 
	 	 
	/s/ John Lampsa	 
	John Lampsa	 
	 	 
	/s/ Ursula Lampsa	 
	Ursula Lampsa	 

 

 

 

 

 

 

 

 

Signature Page to JB Lease NoteExhibit 10.2

 

EMPLOYMENT
AGREEMENT

 

This
Employment Agreement (the “Agreement”) is entered into as of February 1, 2019, by and between Ursa Major
Corporation (the “Company”) and John Lampsa (“Employee”). This Agreement will
become effective upon the Closing of the transactions set forth in that separate Agreement and Plan of Merger, dated the same
date as this Agreement, by and among EVO Transportation & Energy Services, Inc. (“Parent”), EVO
Merger Sub, Inc., Employee, and Ursula Lampsa, as Closing is defined therein (the “Effective Date”).
Absent such Closing, this Agreement shall be null and void and of no force or effect.

 

1.
Duties and Scope of Employment.

 

(a)
Positions and Duties. During the Employment Term (as defined below), Employee will be employed as the Chief Executive Officer
of the Company. Employee’s authority, duties, and responsibilities will correspond to Employee’s position and will
include any particular authority, duties, and responsibilities that the chief executive officer of Parent may assign to Employee
from time to time. Employee will report to the chief executive officer of Parent.

 

(b) Obligations.
During the Employment Term, Employee is required to faithfully and conscientiously perform his assigned duties and to diligently
observe all of his obligations to the Company. Employee agrees to devote his full business time and efforts, energy and skill
to his employment at the Company, and Employee agrees to apply all his skill and experience to the performance of his duties and
advancing the Company’s interests. The foregoing shall not preclude Employee from (i) engaging in civic, charitable or religious
activities (including serving as a director, trustee or officer) or, with the prior written consent of the Company, from serving
on the boards of directors of other private companies or (ii) engaging in investments, including real estate investments
and acting as the general partner or manager thereof, as long as such activities do not interfere or conflict with Employee’s
responsibilities or duties hereunder. During the Employment Term, Employee may not perform services as an employee or consultant
of any other competitive organization and Employee will not assist any other person or organization in competing with the Company
or in preparing to engage in competition with the business or proposed business of the Company. Employee shall comply with and
be bound by Company’s operating policies, procedures, and practices from time to time in effect during his employment that
apply to all director-level employees of the Company. By signing this Agreement, Employee confirms to the Company that he has
no contractual commitments or other legal obligations that would prohibit him from performing his duties for the Company.

 

(c) Employment
Term. The term of this Agreement shall be one (1) year commencing on the Effective Date, unless terminated earlier pursuant
to the terms herein (the “Initial Term”). Unless earlier terminated pursuant to the terms herein, the
Initial Term shall be automatically renewed for consecutive additional one-year terms (each, a “Renewal Term”)
upon the expiration of the Initial Term or any Renewal Term unless the Company or Employee delivers to the other at least 90 days
prior to the expiration of the Initial Term or the then-current Renewal Term, as the case may be, a written notice specifying
that the term of Employee’s employment will not be renewed at the end of the Initial Term or the then-current Renewal Term,
as the case may be. Like the Initial Term, the then-current Renewal Term is subject to earlier termination pursuant to the terms
herein. The Employee’s period of employment hereunder is referred herein as the “Employment Term,”
whether the Initial Term, the then-current Renewal Term, or the shorter period through the date of an earlier termination thereof
as provided elsewhere herein The notice of non-renewal given by the Company is referred to herein as the “Company’s
Non-Renewal.” The notice of non-renewal given by Employee is referred to herein as the “Employee’s
Non-Renewal.”

 

     

     

    

 

(d) Place
of Performance. Employee will initially primarily report to the principal office of the Company, which is currently located
in the Oak Creek, Wisconsin area. Employee understands and agrees that his duties will include reasonable travel, including but
not limited to travel to offices of the Company, its Affiliates, and such other business travel as is reasonably necessary and
appropriate to the performance of Employee’s duties hereunder, subject to reimbursement of expenses pursuant to Section
6 below.

 

2.
At-Will Employment. The parties agree that Employee’s employment with the Company will be “at-will” employment
and may be terminated at any time, upon written notice, either by the Company without Cause (in any such case, “Company’s
At-Will Termination”) or by Employee without Good Reason (in any such case, “Employee’s At-Will
Termination”). Employee understands and agrees that neither his job performance for, nor promotions, commendations,
bonuses or the like from, the Company give rise to or in any way serve as the basis for modification, amendment, or extension,
by implication or otherwise, of his employment with the Company. However, as described in this Agreement, Employee may be entitled
to Severance Pay (defined below) and Severance Benefits (defined below) depending upon the circumstances of the termination of
the Employment Term as set forth in Section 7(b) below.

 

3.
Compensation.

 

(a)
Initial Base Salary. During the Employment Term, the Company will pay Employee an annual base salary as compensation for
his services (the “Base Salary”) at the initial rate of $275,000. The Base Salary will be paid periodically
in accordance with the Company’s normal payroll practices. The Base Salary will be subject to review and adjustment by the
Company.

 

(b) Annual Incentive Bonus. During the Employment Term, Employee will be eligible to earn an annual incentive bonus (an “Annual
Bonus”) under the same or substantially same bonus arrangement, plan or program as in effect for other director-level
employees of the Company from time to time and based upon the same general objective standards as are applied to the other director-level
employees of Company, provided that Employee’s personal performance objectives shall be unique to his role. Consistent therewith,
the Company will determine Employee’s target bonus opportunity and the criteria for earning such bonus, as well as Employee’s
achievement of such criteria, and the amount of the Annual Bonus earned and payable to Employee for such year. Any Annual Bonus
that is earned and becomes payable pursuant to this Section 3(b) will be paid no later than March 15 of the calendar year immediately
following the calendar year to which the Annual Bonus relates. Employee’s Annual Bonus for calendar year 2018 shall be prorated
on a weekly basis for his period of employment in such year. Employee must remain employed by the Company through December 31
of the applicable calendar year to be eligible to earn an Annual Bonus for such year; provided, however, that if the Employment
Term ends prior to December 31 by reason of either termination by Employee for Good Reason or by the Company’s At-Will Termination,
the Annual Bonus for such partial calendar year shall be prorated on a weekly basis for his period of employment in such year.
The determinations of the Company with respect to the Annual Bonus will be final and binding unless there is direct evidence that
the determination was in violation of the terms and provision of this Section 3(b) or the applicable program, plan or arrangement.

 

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(c)
Equity. During the Employment Term, Employee will be eligible to receive awards of stock options pursuant to the same or
substantially same stock option arrangement, plan or program as in effect for other director-level employees of the Company from
time to time and based upon the same objective standards as are applied to the other director-level employees of Company. Consistent
therewith, the Company will determine whether Employee will be granted any such equity awards and the terms of any such award
in accordance with the terms of the applicable program, plan or arrangement that may be in effect from time to time.

 

4.
Employee Benefits. During the Employment Term, Employee will be entitled to participate in the employee benefit plans and
programs currently and hereafter maintained by the Company of general applicability to other director-level employees and to employees
generally of the Company, subject to eligibility requirements and the applicable terms and conditions of the subject plan or program
and the determination of any committee uniformly administering such plan or program. The Company reserves the right to cancel
or change the benefit plans and programs it offers to its employees at any time.

 

5.
Vacation. During the Employment Term, Employee will be eligible to accrue paid vacation of up to 20 days per calendar year,
prorated for any partial calendar year of employment, in accordance with the Company’s standard vacation policy (including,
without limitation, its policy on the maximum accrual, carry-over and payout), with the timing and duration of specific vacations
mutually and reasonably agreed to by Employee and the Company.

 

6.
Expenses. During the Employment Term, the Company will reimburse Employee for reasonable travel, lodging, meal, entertainment
or other expenses incurred by Employee in the furtherance of or in connection with the performance of Employee’s duties
hereunder, in accordance with the Company’s expense reimbursement policy as in effect from time to time.

 

7.
Accrued Obligations; Severance; COBRA.

 

(a)
Accrued Obligations. Upon the termination or expiration of the Employment Term for any reason, Company shall pay to Employee
the following: (i) all unpaid Base Salary through the last day of the Employment Term; (ii) all unreimbursed expenses that
otherwise are payable to Employee pursuant to Section 6 above, and (iii) all other accrued payments or benefits to which Employee
is entitled and has earned under the terms of any applicable compensation, bonus, award or similar arrangement, plan or program
(collectively, the “Accrued Obligations”). The Accrued Obligations shall be paid to Employee in a lump
sum in cash within thirty (30) days following the termination or expiration of the Employment Term, unless otherwise required
by law or the terms of the applicable arrangement, plan or program, in which case the same shall be paid as soon as permitted
thereunder.

 

(b)
Severance. If the Employment Term ends by reason of either termination by Employee for Good Reason or by the Company’s
At-Will Termination, the Company shall pay to Employee the greater of (as applicable, “Severance Pay”)
(i) an amount equal to the product of (A) the number of full or partial months, if any, in the period beginning on the
date the Employment Term ended and ending on the date the Initial Term would have ended, if later than the date the Employment
Term actually ended, multiplied by (B) Employee’s monthly Base Salary (as in effect immediately prior to
the termination date) or (ii) an amount equal to one-half of Employee’s annual Base Salary (as in effect immediately
prior to the termination date). The Severance Pay shall be paid by the Company to Employee in substantially equal monthly installments,
without reduction or set off (other than as provided in Section 11(a) below), in accordance with the Company’s standard
payroll procedures, commencing on the 60th day following the termination or expiration of the Employment Term, provided that
the revocation period(s) set forth in the Release Agreement set forth in Section 8(a) below have expired without revocation. If
the Employment Terms ends by reason of termination by the Company for Cause, by the Company’s Non-Renewal or Employee’s
Non-Renewal of the Initial Term or any Renewal Term, by Employee’s At-Will Termination, or due to Employee’s death
or disability, no Severance Pay will be owing or paid to Employee.

 

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(c)
COBRA. If the Employment Term ends by reason of either termination by Employee for Good Reason or by the Company’s
At-Will Termination, to the extent Employee and Employee’s spouse and/or dependent children properly (and timely) elect
COBRA continuation coverage under the Company’s group health insurance plan, the Company shall pay, on Employee’s
behalf, all of the premiums due for such coverage for a period beginning on the date the Employment Term so ended and ending on
the earliest to occur of (as applicable, “Severance Benefits”) (i) the date on which Employee is
no longer entitled to COBRA continuation coverage under the Company’s group health insurance plan, (ii) the last day
of the month that includes or immediately precedes the first day that Employee is covered under another employer’s group
health insurance plan or (iii) the last day of the month in which Employee receives his final Severance Pay payment; provided,
however, that notwithstanding the foregoing or any other provision in this Agreement to the contrary, the Company may unilaterally
amend this Section 7(c) or eliminate the benefit provided hereunder, upon written notice to Employee, but only if and to the extent
necessary to avoid the imposition of excise taxes, penalties or similar charges on the Company, including, without limitation,
under Code Section 4980D. If the Employment Terms ends by reason of termination by the Company for Cause, by the Company’s
Non-Renewal or Employee’s Non-Renewal of the Initial Term or any Renewal Term, by Employee’s At-Will Termination,
or due to Employee’s death or disability, no Severance Benefits will be owing to Employee.

 

8.
Conditions to Receipt of Severance Pay and Severance Benefits.

 

(a)
Release of Claims. The receipt of Severance Pay and Severance Benefits will be subject to Employee signing, delivering,
not revoking and complying with a general release and waiver of claims in favor of the Company and its officers, directors and
affiliates, which general release and waiver of claims shall be in a form prepared by the Company, in its reasonable discretion.
By way of example and not limitation, the general release and waiver of claims will include any claims for wages, bonuses, employment
benefits, or damages of any kind whatsoever, arising out of any contracts, express or implied, any covenant of good faith and
fair dealing, express or implied, any theory of wrongful discharge, any legal restriction on the Company’s right to terminate
employment, or any federal, state or other governmental statute or ordinance, including, without limitation, Title VII of the
Civil Rights Act of 1964, the federal Age Discrimination in Employment Act, the American with Disabilities Act, the Family and
Medical Leave Act, or any other legal limitation on the employment relationship.

 

(b)
Compliance with Covenants. The receipt of Severance Pay and Severance Benefits will be subject to Employee’s compliance
with Sections 9(a), 9(b), 9(c) and 9(d) of this Agreement. In the event Employee breaches any of Sections 9(a), 9(b), 9(c) or
9(d), (i) all remaining payments of Severance Pay and/or Severance Benefits to which Employee otherwise is entitled pursuant
to Section 7(b) and Section 7(c) will immediately cease, and (ii) Employee will repay, or cause to be repaid, to the Company
the full amount of any payments of Severance Pay and Severance Benefits previously paid by the Company to Employee or on behalf
of Employee pursuant to Section 7(b) and/or Section 7(c) prior to the date of such breach.

 

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9.
Restrictive Covenants.

 

(a) Non-Competition.
In recognition of the consideration provided herein, and in connection with the protection of the Company’s trade secrets
and customer contacts, Employee agrees that, during the Employment Term and ending on the later to occur of (i) the twelve (12)
month anniversary following the termination or expiration of the Employment Term or (ii) the last day of the Severance Pay period
as set forth in Section 7(b) (as applicable, the “Restricted Period”), Employee shall not either directly
or indirectly, whether for consideration or otherwise: (i) engage in (except on behalf of the Company or any of its Affiliates),
or compete with the Company in, a Competing Business anywhere in the Territory (any such entity, a “Competing Entity”);
or (ii) form or assist others in forming, be employed by, perform services for, become an officer, director, member or partner
of, or participant in, or consultant or independent contractor to, invest in or own any interest in (whether through equity or
debt securities), assist (financially or otherwise) or lend Employee’s name, counsel or assistance to, any Competing Entity.

 

(b)
Non-Solicitation. In recognition of the consideration provided herein, Employee agrees that, during the Restricted Period,
Employee shall not either directly or indirectly, whether for consideration or otherwise: (i) solicit or accept business from
any customer of the Company for the purpose of providing goods or services in a Competing Business or solicit or induce any customer
of the Company to terminate, reduce or alter in a manner adverse to the Company, any existing business arrangement or agreement
with the Company, (ii) be employed by any customer of the Company or (iii) solicit, hire, attempt to solicit or attempt to hire
any person who is or was an employee of the Company or any of its Affiliates at any time during the twelve (12) months prior to
such solicitation or hire. The restrictions set forth in this Section 9(b) shall not prohibit any form of general advertising
or solicitation that is not directed at a specific person or entity or does not relate to a Competing Business.

 

(c) Non-Disclosure
and Non-Use of Confidential Information. At all times during the Employment Term and for five (5) years thereafter (except
with regard to trade secrets, for so long as such information remains a trade secret), Employee agrees that he will not, either
directly or indirectly, (i) divulge, use, disclose (in any way or in any manner, including by posting on the Internet), reproduce,
distribute, or reverse engineer or otherwise provide Confidential Information to any person, firm, corporation, reporter, author,
producer or similar person or entity; (ii) take any action that would make available Confidential Information to the general public
in any form; (iii) take any action that uses Confidential Information to solicit any customer of the Company or prospective
customer (with whom the Company has had a substantive discussion on it becoming a customer of the Company within the immediately
preceding twelve (12) months) in violation of Section 9(b); or (iv) take any action that uses Confidential Information for solicitation
of, or marketing for, any service or product on Employee’s behalf or on behalf of any entity other than the Company or its
Affiliates with which Employee was in fact associated, except (A) as required in connection with the performance of such Employee’s
duties to the Company or any of its Affiliates, (B) as required to be included in any report, statement or testimony requested
by any municipal, state or national regulatory body having jurisdiction over Employee, (C) as required in response to any summons
or subpoena or in connection with any litigation, (D) to the extent necessary in order to comply with any law, order, regulation,
ruling or governmental request applicable to Employee, (E) as required in connection with an audit by any taxing authority, or
(F) as permitted by the express written consent of the Company.

 

    -5-

     

    

 

(i)
In the event Employee is required to disclose Confidential Information pursuant to any of the foregoing exceptions, Employee
shall promptly notify the Company of such pending disclosure and assist the Company (at the Company’s sole expense,
which will be advanced to Employee whenever reasonable to do so) in seeking a protective order or in objecting to such
request, summons or subpoena with regard to the Confidential Information. If the Company does not obtain such relief prior to
the time that Employee is required to disclose such Confidential Information, Employee may disclose that portion of the
Confidential Information (A) which counsel to Employee advises Employee that he is required to disclose or (B) which could
subject Employee to be liable for contempt or suffer censure or penalty. In such cases, Employee shall promptly provide the
Company with a copy of the Confidential Information so disclosed. This provision applies without limitation to unauthorized
use of Confidential Information in any medium, including film, videotape, audiotape and writings of any kind (including
books, articles, emails, texts, blogs and websites).

 

(ii)
Employee is hereby notified, pursuant to the federal Defend Trade Secrets Act of 2016 (“DTSA”),
that an individual shall not be held criminally or civilly liable under any federal or state trade secret law for the
disclosure of a trade secret that is made (A) in confidence to a federal, state, or local government official, either
directly or indirectly, or to an attorney, and (B) solely for the purpose of reporting or investigating a suspected violation
of law; or (C) where the disclosure of a trade secret is made in a complaint or other document filed in a lawsuit or
other proceeding, if such filing is made under seal. In addition, Employee is hereby notified under the DTSA that, if an
individual files a lawsuit for retaliation by an employer for reporting a suspected violation of law, the individual may
disclose a trade secret to his or her attorney and use the trade secret information in the court proceeding if the individual
(Y) files any document containing the trade secret under seal; and (Z) does not disclose the trade secret, except pursuant to
court order.

 

(d)
Inventions and Patents; Third Party Information. The results and proceeds of Employee’s services to the Company (whether
prior to or during the Employment Term), including, without limitation, any works of authorship related to the Company resulting
from Employee’s services during Employee’s employment with the Company and any works in progress will be works-made-for-hire.
The Company will be deemed the sole owner throughout the universe of such works-made-for-hire and any and all rights of whatsoever
nature therein, whether or not now or hereafter known, existing, contemplated, recognized or developed, with the right to use
the same in perpetuity in any manner the Company determines in its sole discretion without any further payment to Employee whatsoever.
If, for any reason, any of such results and proceeds will not legally be a work-made-for-hire or there are any rights which do
not accrue to the Company under the preceding sentence, then Employee hereby irrevocably assigns and agrees to assign to the Company
any and all of Employee’s right, title and interest thereto, including, without limitation, any and all copyrights, patents,
trade secrets, trademarks and/or other rights of whatsoever nature therein, whether or not now or hereafter known, existing, contemplated,
recognized or developed. The Company will have the right to use the same in perpetuity throughout the universe in any manner the
Company determines without any further payment to Employee whatsoever. Employee will, from time to time, as may be reasonably
requested by the Company, and at the Company’s sole expense, sign such documents and assist the Company to establish or
document the Company’s exclusive ownership of any and all rights in any such results and proceeds, including, without limitation,
the execution of appropriate copyright or patent applications or assignments. To the extent Employee has any rights in any such
results and proceeds that cannot be assigned in the manner described above, Employee unconditionally and irrevocably waives the
right to enforce such unassignable rights. This Section 9(d) is subject to, and will not be deemed to limit, restrict or
constitute any waiver by the Company of, any rights of ownership to which the Company may be entitled by operation of law by virtue
of the Company being Employee’s employer. This Agreement does not apply to an invention or other works of authorship for
which no equipment, supplies, facility or trade secret information of the Company was used and which was developed entirely on
Employee’s own time, and (i) which does not relate (A) directly to the business of the Company or (B) to the Company’s
actual or demonstrably anticipated research or development, or (ii) which does not result from any work performed by Employee
for the Company hereunder.

 

(e) Enforcement;
Remedies. Employee acknowledges that the covenants set forth in Sections 9(a), 9(b), 9(c) and 9(d) impose a reasonable restraint
on Employee in light of the business and activities of the Company and its Affiliates. Employee acknowledges that a breach of
Sections 9(a), 9(b), 9(c) or 9(d) by Employee will cause serious and potentially irreparable harm to the Company and its Affiliates.
Employee therefore acknowledges that a breach of Sections 9(a), 9(b), 9(c) or 9(d) by Employee cannot be adequately compensated
in an action for damages at law, and equitable relief would be necessary to protect the Company and its Affiliates from a violation
of this Agreement and from the harm which this Agreement is intended to prevent. By reason thereof, Employee acknowledges that
the Company is entitled, in addition to any other remedies it may have under this Agreement or otherwise, to preliminary and permanent
injunctive and other equitable relief to prevent or curtail any breach or threatened breach of this Agreement. Employee acknowledges,
however, that no specification in this Agreement of a specific legal or equitable remedy may be construed as a waiver of or prohibition
against pursuing other legal or equitable remedies in the event of a breach of this Agreement by Employee. If Employee breaches
this Section 9, Employee shall pay the reasonable attorneys’ fees and costs incurred by the Company in connection with enforcing
its rights under this Agreement.

 

(f)
Modification. In the event that any provision or term of this Sections 9(a), 9(b), 9(c) or 9(d), or any word, phrase, clause,
sentence or other portion thereof (including, without limitation, the geographic and temporal restrictions and provisions contained
in Sections 9(a) or 9(b)) is held to be unenforceable or invalid for any reason, such provision or portion thereof will be modified
or deleted in such a manner as to be effective for the maximum period of time, the maximum geographical area, and otherwise to
the maximum extent as to which it may be enforceable under applicable law. Such modified restriction(s) shall be enforced by a
court having jurisdiction. In the event that such modification is not possible, because each of Employee’s obligations in
Sections 9(a), 9(b), 9(c) and 9(d) is a separate and independent covenant, any unenforceable obligation shall be severed and all
remaining obligations shall be enforceable.

 

    -6-

     

    

 

 

10.
Definitions. For purposes of this Agreement, the following defined terms have the following meanings:

 

(a)
“Affiliate” means, with respect to the Company, any corporation, limited liability company, partnership,
business trust or organization, or other entity directly or indirectly controlling, controlled by or under common control with
the Company, where control means holding more than 50% of both the voting interests of the entity and the authority to direct
the management and policies of the entity.

 

(b)
“Cause” means any of the following: (i) Employee’s conviction of, or plea of guilty or nolo contendere
to, a misdemeanor involving dishonesty, wrongful taking of property, immoral conduct, bribery or extortion or any felony; (ii) willful
material misconduct by Employee in connection with the business of the Company and its Affiliates; (iii) Employee’s
continued and willful failure to perform substantially his responsibilities to the Company under this Agreement; (iv) Employee’s
material breach of this Agreement; (v) Employee’s fraud, theft or material dishonesty against the Company, its Affiliates
or its customers; (vi) Employee’s willful and material breach of the Company’s written code of conduct and business
ethics or other material written policy, procedure or guideline in effect from time to time and applicable to the Company’s
employees generally relating to personal conduct; or (vii) Employee’s willful attempt to obstruct or willful failure
to cooperate when with any investigation authorized by the Company or any governmental or self-regulatory entity. With
respect to Sections 10(a)(ii), 10(a)(iii), 10(a)(iv), 10(a)(vi) and 10(a)(vii) and notwithstanding any other provision of this
Agreement to the contrary, Company shall not terminate the Employment Term for Cause unless (x) the Company notifies Employee
in writing of such determination within ninety (90) days following the Company’s first knowledge of the existence thereof
(which notice specifically identifies the reasons and details therefore), (y) Employee fails to remedy the same within thirty
(30) days after the date on which he received such notice (the “Remedial Period”), and (z) the Company
terminates the Employment Term for Cause within thirty (30) days after the end of the Remedial Period. 

 

(c)
“Code” means the Internal Revenue Code of 1986, as amended.

 

(d)
“Competing Business” means (i) a business that is engaged in the acquisition or operation of compressed
natural gas fueling stations, (ii) a business that is engaged in providing freight trucking services, or (iii) any other business
in which the Company or any of its Affiliates is then-currently engaged or was engaged at any time in the twelve (12) month period
prior to Employee’s last day of employment with the Company.

 

(e)
“Confidential Information” means confidential or proprietary information and/or techniques of the Company
or its Affiliates entrusted to, developed by, or made available by the Company or any of its Affiliates to Employee during the
Employment Term, whether in writing, in computer form, reduced to a tangible form in any medium, or conveyed orally, that is not
generally known by others in the form in which it is or was used by the Company or its Affiliates. Examples of Confidential Information
include, without limitation: (i) sales, sales volume, sales methods, sales proposals, business plans or statements of work; (ii) customers
of the Company, prospective customer (with whom the Company has had a substantive discussion on it becoming a customer of the
Company within the immediately preceding twelve (12) months), and customer records, including contact and preference information;
(iii) costs of goods or services charged by vendors and suppliers to the Company; (iii) prices charged to specific customers and
non-public general price lists and similar pricing information; (iv) terms of contracts with customer; (vii) non-public information
and materials describing or relating to the financial condition and affairs of the Company or its Affiliates, including but not
limited to, financial statements, budgets, projections financial and/or investment performance information, research reports,
personnel matters, products, services, operating procedures, organizational responsibilities and marketing matters, policies or
procedures; (viii) non-public information and materials describing existing or new processes, products and services of the Company
or its Affiliates, including marketing materials, analytical data and techniques, and product, service or marketing concepts under
development, and the status of such development; (ix) the business or strategic plans of the Company or its Affiliates; (x) the
information technology systems, network designs, computer program code, and application practices of the Company or its Affiliates;
(xi) acquisition candidates of the Company or its Affiliates or any studies or assessments relating thereto; and (xii) trademarks,
service marks, trade secrets, trade names and logos. In addition and notwithstanding the foregoing, Confidential Information does
not include either (y) information that, other than as a result of a breach by Employee of this Agreement, is or becomes
generally known to and available for use by the public and (z) information that is, at any time, either on the Company’s
website or is in brochures, advertising and other materials furnished or provided to customers of the Company and prospective
customer (with whom the Company has had a substantive discussion on it becoming a customer of the Company within the immediately
preceding twelve (12) months).

 

    -7-

     

    

 

(f)  “Disability” means Employee’s inability to perform one or more essential functions of his position,
after taking into account reasonable accommodations, by reason of any medically diagnosed physical or mental impairment and such
inability continues for a period of at least 120 consecutive calendar days. A determination of such Disability will be made by
a physician reasonably acceptable to the Company and Employee (or, if applicable, his spouse or legal representative).

 

(g)
“Good Reason” means the occurrence of any of the following events, without the written consent of Employee:

 

(i)
any reduction in Employee’s Base Salary (as it may have been increased after the Effective Date), except by no more
than ten percent (10%) as part of an across the board salary reduction uniformly applied to all director-level employees of
the Company;

 

(ii)
any material reduction in Employee’s authority, duties or responsibilities or the assignment to Employee of any duties
that are inconsistent with his position or;

 

(iii)
any other action or inaction that constitutes a material breach by the Company of this Agreement or any other agreement under
which Employee provides services to the Company or any of its Affiliates.

 

Notwithstanding
any other provision of this Agreement to the contrary, Employee shall not terminate the Employment Term for Good Reason unless
(A) Employee notifies the Company in writing of the condition that Employee believes constitutes Good Reason within ninety
(90) days following the Employee’s first knowledge of the existence thereof (which notice specifically identifies such condition
and the details regarding its existence), (ii) the Company fails to remedy such condition within thirty (30) days after the date
on which it receives such notice (the “Remedial Period”), and (iii) Employee terminates the
Employment Term within thirty (30) days after the end of the Remedial Period for Good Reason.

 

(h)
“Section 409A” means Section 409A of the Code and the Treasury Regulations issued thereunder.

 

    -8-

     

    

 

(i)
“Territory” means any State in the United States in which the Company then-currently conduct their
business or have conducted their business at any time in the prior twelve (12) months.

 

11.
Tax Matters

 

(a)
Withholding. All payments made pursuant to this Agreement will be subject to withholding of taxes as required by applicable
law.

 

(b)
Responsibility. Notwithstanding anything to the contrary herein, the Company makes no representations or warranties to
Employee with respect to any tax, economic or legal consequences of this Agreement or any payments or other benefits provided
hereunder, including without limitation under Section 409A, and no provision of the Agreement shall be interpreted or construed
to transfer any liability for failure to comply with Section 409A or any other legal requirement from Employee or any other individual
to the Company or any of its Affiliates, except as provided below. Employee, by executing this Agreement, shall be deemed to have
waived any claim against the Company and its Affiliates with respect to any such tax, economic or legal consequences; provided,
however, if any amount payable pursuant to this Agreement is included in Employee’s gross income under Section 409A(a)(1)(A)
of the Code, then (i) Employee shall be responsible for the payment of the income taxes imposed on such payment and the amount
of interest under Section 409A(a)(1)(B)(i)(I) of the Code and (ii) the Company shall be responsible for the payment of the amount
due under Section 409A(a)(1)(B)(i)(II) of the Code within 30 days after such time as a final determination is made that such amount
is due and payable by Employee (whether by an agreed assessment, a decision upon administrative appeal, or a decision by a court
having jurisdiction). The parties intend that the payment under the preceding clause (ii) will comply with Treasury Regulation
Sections 1.409A-3(i)(1)(i), 1.409A-3(i)(1)(v) and 1.409A-3(i)(1)(v).

 

(c) Section
409A. The parties intend that this Agreement and the payments and other benefits provided hereunder be exempt from the
requirements of Section 409A to the maximum extent possible, whether pursuant to the short-term deferral exception
described in Treasury Regulations Section 1.409A-1(b)(4), the involuntary separation pay plan exception described in Treasury
Regulations Section 1.409A-1(b)(9)(iii), or otherwise. To the extent Section 409A is applicable to this Agreement and
any such payments and benefits, the parties intend that this Agreement and such payments and benefits comply with the
deferral, payout and other limitations and restrictions imposed under Section 409A. Notwithstanding any other provision of
this Agreement to the contrary, this Agreement shall be interpreted, operated and administered in a manner consistent with
such intentions. Without limiting the generality of the foregoing, and notwithstanding any other provision of this Agreement
to the contrary:

 

(i)
if at the time Employee’s employment hereunder terminates, Employee is a “specified employee,” as defined in
Treasury Regulations Section 1.409A-1(i) and determined using the identification methodology selected by the Company from
time to time, or if none, the default methodology, then to the extent necessary to avoid subjecting Employee to the imposition
of any additional tax under Section 409A, any and all amounts payable under this Agreement on account of such termination
of employment that would (but for this provision) be payable within six (6) months following the date of termination, shall instead
be paid in a lump sum on the first day of the seventh month following the date on which Employee’s employment terminates
or, if earlier, upon Employee’s death;

 

    -9-

     

    

 

(ii)
a termination of employment shall not be deemed to have occurred for purposes of any provision of this Agreement providing
for the payment of amounts or benefits upon or following a termination of employment unless such termination is also a
“separation from service,” as defined in Treasury Regulations Section 1.409A-1(h) after giving effect to the
presumptions contained therein, and, for purposes of any such provision of this Agreement, references to
“terminate,” “termination,” “termination of employment” and like terms shall mean
separation from service;

 

(iii)
each payment made under this Agreement shall be treated as a separate payment and the right to a series of installment
payments under this Agreement shall be treated as a right to a series of separate payments; and

 

(iv)
with regard to any provision in this Agreement that provides for reimbursement of expenses or in-kind benefits, except for
any expense, reimbursement or in-kind benefit provided pursuant to this Agreement that does not constitute a “deferral
of compensation,” within the meaning of Treasury Regulations Section 1.409A-1(b), (A) the right to reimbursement or
in-kind benefits shall not be subject to liquidation or exchange for another benefit, (B) the amount of expenses eligible for
reimbursement, or in-kind benefits provided, during any taxable year shall not affect the expenses eligible for
reimbursement, or in-kind benefits to be provided, in any other taxable year, and (C) such payments shall be made no later
than two and a half months after the end of the calendar year in which the expenses were incurred.

 

(d) Limitation
on Payments Under Certain Circumstances.

 

(i)
Notwithstanding any other provision of this Agreement to the contrary, in the event that Employee becomes entitled to receive
or receives any payments, options, awards or benefits (including, without limitation, the monetary value of any non-cash
benefits and the accelerated vesting of stock awards) under any agreement, arrangement, plan or program with the Company or
any person affiliated with the Company (collectively, the “Payments”), that may separately or in
the aggregate constitute “parachute payments” within the meaning of Code Section 280G and the
Treasury regulations promulgated thereunder (“Section 280G”) and it is determined that, but
for this Section 12(d)(i), any of the Payments will be subject to any excise tax pursuant to Code Section 4999
or any similar or successor provision (the “Excise Tax”), the Company shall pay to Employee either
(i) the full amount of the Payments or (ii) an amount equal to the Payments reduced by the minimum amount necessary to
prevent any portion of the Payments from being an “excess parachute payment” (within the meaning of Section 280G)
(the “Capped Payments”), whichever of the foregoing amounts results in the receipt by Employee, on
an after-tax basis (with consideration of all taxes incurred in connection with the Payments, including the Excise Tax), of
the greatest amount of Payments notwithstanding that all or some portion of the Payments may be subject to the Excise Tax.
For purposes of determining whether Employee would receive a greater after-tax benefit from the Capped Payments than from
receipt of the full amount of the Payments and for purposes of Section 11(d)(iii) (if applicable), Employee shall be deemed
to pay federal, state and local taxes at the highest marginal rate of taxation for the applicable calendar year.

 

    -10-

     

    

 

(ii)
All computations and determinations called for by Sections 11(d)(i) and 11(d)(iii) shall be made and reported in writing to
the Company and Employee by a third-party service provider selected by the Company and Employee (the “Tax
Advisor”), and all such computations and determinations shall be conclusive and binding on the Company and
Employee. For purposes of such calculations and determinations, the Tax Advisor may rely on reasonable, good faith
interpretations concerning the application of Code Sections 280G and 4999. The Company and Employee shall furnish to the Tax
Advisor such information and documents as the Tax Advisor may reasonably request in order to make their required calculations
and determinations. The Company shall bear all fees and expenses charged by the Tax Advisor in connection with its
services.

 

(iii)
In the event that Section 11(d)(i) applies and a reduction is required to be applied to the Payments thereunder, the Payments
shall be reduced by the Company in a manner and order of priority that provides Employee with the largest net after-tax
value; provided that payments of equal after-tax present value shall be reduced in the reverse order of payment.
Notwithstanding anything to the contrary herein, any such reduction shall be structured in a manner intended to comply with
Section 409A.

 

12.
Assignment. This Agreement and Employee’s rights under this Agreement are personal to Employee and shall not be assignable
by Employee. The Company may, by written notice to Employee, assign this Agreement to any affiliated or successor to all or substantially
all of the business and assets the Company and then only so long as such affiliate or successor assumes and agrees, in such form
and substance as is reasonably satisfactory to Employee, to perform all of the Company’s duties, responsibilities, obligations
and liabilities hereunder, including without limitation upon the termination of the Employment Term; provided, however, the termination
of Employee’s employment hereunder by such affiliate or successor and the immediate hiring and continuation of Employee’s
employment by such affiliate or successor upon the identical terms and provisions of this Agreement shall not be deemed to constitute
a termination of the Employment Term. All of the terms and provisions of this Agreement shall be binding upon and inure to the
benefit of and be enforceable by the parties hereto and their respective successors and permitted assigns.

 

13.
Notices. All notices, requests, demands and other communications called for hereunder will be in writing and will be deemed
given (a) on the date of delivery if delivered personally, (b) one (1) day after being sent by a reputable commercial overnight
service, or (c) four (4) days after being mailed by registered or certified mail, return receipt requested, prepaid and addressed
to the parties or their successors at the following addresses, or at such other addresses as the parties may later designate in
writing:

 

If
to the Company:

 

EVO
Transportation & Energy Services, Inc.

8285
West Lake Pleasant Parkway

Peoria, AZ 85382

Attention:
John P. Yeros

 

If
to Employee:

 

John
Lampsa

245
Legend Heights

Wales,
WI 53183

 

    -11-

     

    

 

14. Severability.
In the event that any provision hereof becomes or is declared by a court of competent jurisdiction to be illegal,
unenforceable or void, this Agreement will continue in full force and effect without said provision.

 

15.
Integration. This Agreement represents the entire agreement and understanding between the parties as to the subject matter
herein and supersedes all prior or contemporaneous agreements whether written or oral. No waiver, alteration or modification of
any of the provisions of this Agreement will be binding unless in writing that specifically refers to this Agreement and is signed
by Employee and a duly authorized representative of the Company.

 

16.
Waiver of Breach. The waiver of a breach of any term or provision of this Agreement must be in writing and will not operate
as or be construed to be a waiver of any other previous or subsequent breach of this Agreement.

 

17.
Headings. All captions and section headings used in this Agreement are for convenient reference only and do not form a
part of this Agreement.

 

18.
Governing Law. This Agreement will be construed and interpreted in accordance with, and any dispute or controversy arising
from any breach or asserted breach of this Agreement will be governed by, the laws of the State of Wisconsin without regard to
any choice of law rules. Any action brought to enforce or interpret this Agreement must be brought in the state or federal courts
for the State of Wisconsin, and the parties hereby consent to the jurisdiction and venue of such courts in the event of any dispute.
Each of the parties knowingly and voluntarily waives all right to trial by jury in any action or proceeding arising out of or
relating to this Agreement, Employee’s employment by the Company, or for recognition or enforcement of any judgment.

 

19.
Acknowledgment. Employee acknowledges that he has had the opportunity to discuss this Agreement with and obtain advice
from his private attorney, has had sufficient time to, and has carefully read and fully understands all the provisions of this
Agreement, and is knowingly and voluntarily entering into this Agreement.

 

20.
Counterparts. This Agreement may be executed in counterparts, and may delivered personally or by facsimile or electronic
transmission, and each counterpart will have the same force and effect as an original and will constitute an effective, binding
agreement on the part of each of the undersigned parties.

 

 

 

 

{Signature
Page Follows}

 

    -12-

     

    

 

IN
WITNESS WHEREOF, each of the parties has executed this Employment Agreement, in the case of the Company by its duly authorized
officer, as of the Effective Date in the preamble hereof.

 

	COMPANY:	 	 
	 	 	 
	URSA MAJOR CORPORATION	 	 
	 	 	 
	By:	 /s/ Damon Cuzick	 	Date: January 31, 2019
	Name: 	 Damon Cuzick	 	 
	Title:	 President	 	 

 

	EMPLOYEE:	 	 
	 	 	 
	/s/ John Lampsa	 	Date: February 1, 2019
	John Lampsa

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