Document:

[***] Represents information which has been redacted
and filed separately with the Commission pursuant to a request for confidential treatment under Rule 24b-2 of the Securities Exchange
Act of 1934, as amended.

 

Prototype
Agreement

 

This
prototype agreement and related Schedules (the “Agreement”) is entered into effective as of February 6, 2012 ("Effective
Date") by and between Flux Power, Inc. (“Flux”), with a principal place of business located at 2240 Auto Park
Way Escondido, CA 92029, and NACCO Materials Handling Group, Inc. (“NMHG”), with a principal place of business located
at 4000 N.E. Blue Lake Road Fairview OR 97024, hereinafter referred together as (“Parties”).

 

RECITALS

 

WHEREAS, Flux develops and supplies
energy storage systems and products to the market;

 

WHEREAS, NMHG develops and supplies
electric forklift trucks and similar applications to the marketplace;

 

WHEREAS, NMHG wishes to engage
Flux to develop [***] Flux’s energy storage system that can [***] to NMHG’s electric forklift trucks;

 

WHEREAS, NMHG wishes to engage
Flux to develop [***] between NMHG’s [***]; and

 

WHERES, NMHG and Flux wish to
memorialize a framework for the deliverables to be provided and negotiate an agreement to govern distinct components of their overall
relationship.

 

NOW THEREFORE, for good and valuable
consideration the sufficiency of which is hereby acknowledged, the parties agree to the following:

 

ARTICLE 1.0 DEFINITIONS

 

		1.1	“Background Technology” of a Party means all Intellectual Property that (a) is (i)
owned or licensed by such Party and (ii) is in existence in electronic or written form on or prior to the effective date or (b)
is developed, acquired, or licensed by such Party after the effective date and relates to the Business of NMHG or Flux ESS respectively.

 

		1.2	The “Business of NMHG” shall mean the business of designing, engineering, manufacturing
and selling materials handling equipment and components thereof, including but not limited to lift trucks, warehouse lift trucks,
counterbalanced lift trucks and large capacity cargo and container handling lift trucks.

 

		1.3	“NMHG Products” means the materials handling equipment and components thereof (including
a battery charger, [***] and not including Flux ESS or Flux’s Background Technology), and further including
but not limited to lift trucks, warehouse lift trucks, counterbalanced lift trucks and large capacity cargo and container handling
lift trucks.

 

    	Page 1 of 8	Confidential	7/24/2012              1

    	 

    

 

[***] Represents information which has been redacted
and filed separately with the Commission pursuant to a request for confidential treatment under Rule 24b-2 of the Securities Exchange
Act of 1934, as amended.

 

		1.4	“Battery Pack Design” means the specific external package design specified in the Deliverables
for the use in NMHG Products or [***] to the extent they are
developed under this Agreement but does not include the Intellectual Property, technology or design of Flux’s ESS or Flux’s
Background Technology.

 

		1.5	“Deliverables” means any physical deliverables specifically purchased by NMHG in an
applicable Schedule, Battery Pack Design and [***] that Flux will deliver to NMHG during or at the completion of the
performance of each Schedule. Deliverables shall be provided to NMHG in accordance with each Schedule and shall conform to the
specifications set forth therein;

 

		1.6	“Flux ESS” means Flux’s energy storage systems, technology, know-how and related
Intellectual Property and solutions to power vehicles, prototypes, products and solutions including but not limited to lithium-ion
battery cells, battery balancing boards, battery control module, battery interconnects, power distribution unit, DC/DC converter,
software, firmware, enclosures and any additional products directly related to Flux’s Background Technology and specifically
does not include NMHG’s Background Technology;

 

		1.7	“Intellectual Property” means all algorithms, apparatus, circuit designs and assemblies,
databases and data collections, designs, diagrams, documentation, drawings, flow charts, formulae, ideas and inventions (whether
or not patentable or reduced to practice), know-how, materials, marketing and development plans, marks (including brand names,
product names, logos, and slogans), methods, models, network configurations and architectures, procedures, processes, protocols,
schematics, software code (in any form including source code and executable or object code), specifications, subroutines, techniques,
tools, uniform resource identifiers, user interfaces, web sites, works of authorship, and other forms of technology and intellectual
property.

 

		1.8	“Intellectual Property Rights” means worldwide common law and statutory rights associated
with (i) patents and patent applications; (ii) works of authorship, including mask work rights, copyrights, copyright applications,
copyright registrations and "moral" rights; (iii) the protection of trade and industrial secrets and confidential information;
(iv) other proprietary rights relating to intangible intellectual property (specifically including trademarks, trade names and
service marks); (v) analogous rights to those set forth above; and (vi) divisions, continuations, renewals, reissuances and extensions
of the foregoing (as applicable) now existing or hereafter filed, issued or acquired.

 

		1.9	“PCR” means a mutual written agreement by Parties’ management of a change of
Deliverables using Flux’s project change request form.

 

		1.10	“NMHG’s Control Unit” means any software, firmware or hardware that controls
the operation of NMHG’s Products.

 

		1.11	“Schedule” means the exhibits to this agreement that further define the Deliverables;

 

		1.12	“[***]” means the [***] that specifically developed under this
Agreement that provides a [***].

 

    	Page  2 of 8	Confidential	7/24/2012              2

    	 

    

 

[***] Represents information which has been redacted
and filed separately with the Commission pursuant to a request for confidential treatment under Rule 24b-2 of the Securities Exchange
Act of 1934, as amended.

 

ARTICLE 2.0 PERFORMANCE OF SERVICES

 

		2.1	Flux agrees to provide Deliverables for NMHG pursuant to the terms and conditions set forth in
this Agreement and each fully executed Schedule that references this Agreement. At a minimum, Schedules shall include details of
the Deliverables, estimated dates the Deliverables should be made available and estimated costs to NMHG of providing such Deliverables.

 

		2.2	Flux agrees to use best efforts to provide the Deliverables associated in each Schedule. Unless
agreed upon in a Schedule Flux shall not be penalized for late Deliverables. In the event Deliverables are not met or in the event
Deliverables are late the Parties agree to negotiate a cure period in good faith.

 

		2.3	When applicable NMHG shall use best efforts to assist Flux in providing Deliverables, which may
include but is not limited to access to NMHG’s facilities, personnel, and NMHG Products.

 

		2.4	Parties agree that due to various reasons and often outside of the control of Parties the scope,
types and schedule of the Deliverables may change. Changes requested by NMHG shall be made using PCR and are subject to additional
fees and costs.

 

ARTICLE 3.0 COSTS, INVOICING AND PAYMENTS

 

		3.1	Upon pre-approval, which shall not be unreasonably denied, NMHG agrees to reimburse Flux for any
out-of-pocket expenses incurred in the event travel is required.

 

		3.2	NMHG shall pay Flux the fees set forth in an applicable Schedule in accordance with the Schedule’s
payment terms therein. In the case of fees due not specifically identified in an applicable Schedule (i.e. travel expenses) Flux
shall provide a true and correct invoice to NMHG and NMHG agrees that all fees shall be paid within thirty (30) days from the date
of such invoice.

 

ARTICLE 4.0 CONFIDENTIALITY &
INTELLECTUAL PROPERTY

 

		4.1	Each Party shall have and retain exclusive ownership of its Background Technology, including any
Intellectual Property Rights therein. All Intellectual Property discovered, created or developed under, or in connection with,
this Agreement that directly relates to Flux’s ESS and Flux’s Background Technology shall be and remain the sole property
of Flux and its assigns. All Intellectual Property discovered, created or developed under, or in connection with, this Agreement
that directly relates to NMHG Background Technology or the NMHG Products shall be and remain the sole property of NMHG and its
assigns. To the extent that the Deliverables include a [***] and a Battery Pack Design, Flux hereby grants to NMHG
the irrevocable, perpetual, fully paid, non-exclusive, worldwide, right and license to use, execute, sell, reproduce, display,
perform, distribute copies of, and prepare derivative works of the [***] and Battery Pack Design.

 

This Agreement shall in no way
limit Flux’s right to market, sell and obtain Intellectual Property protection for Flux’s ESS or the Flux Background
Technology and Flux reserves the right to assert any claims based upon any resulting legal protection of such Intellectual Property
Rights. Nothing in this Agreement or any Schedule shall be deemed to be a transfer or license by NMHG to Flux of any NMHG Background
Technology.

 

    	Page  3 of 8	Confidential	7/24/2012              3

    	 

    

 

[***] Represents information which has been redacted
and filed separately with the Commission pursuant to a request for confidential treatment under Rule 24b-2 of the Securities Exchange
Act of 1934, as amended.

 

		4.2	Except as provided in this Agreement, neither party may use, reproduce, distribute or disclose
Confidential Information it receives from the other party under this Agreement, without the prior written authorization of the
disclosing party. Each party must hold in confidence Confidential Information received from the other party and must protect the
confidentiality thereof with the same degree of care that it exercises with respect to its own information of like importance,
but in no event less than reasonable care, for a period of (2) years from the date of receipt of the Confidential Information).
“Confidential Information” shall mean information which if disclosed (i) in tangible form, is clearly marked as "confidential"
or "proprietary" at the time of disclosure, or (ii) in intangible form (such as orally or visually), the disclosing party
identifies as "confidential" or "proprietary" at the time of disclosure to the receiving party within thirty
(30) days of disclosure. Notwithstanding the foregoing marking requirements, the parties agree that technical information regarding
prototypes, Flux’s ESS and either party’s Background Technology shall always be deemed and considered Confidential
Information.

 

		4.3	During the term of this Agreement and for a period of two
(2) years thereafter, neither party shall without the prior written consent of the other party, directly solicit any of the other
party’s employees for employment; provided, however, that the foregoing restriction shall not apply to a general solicitation
for application for employment made through advertising, web sites or other mediums not involving the direct targeted solicitation
of a specific person.

 

ARTICLE 5.0 General

 

		5.1	Either party may terminate this Agreement and/or related Schedule for convenience with a sixty
(60) day written notice. In the event of termination Flux shall use reasonable efforts to scale down any work on
this Agreement or related Schedule and provide an itemized invoice of all work performed and expenses incurred up to the date of
termination and NMHG agrees to pay said invoice within thirty (30) days.

 

		5.2	With respect to disputes, the parties agree that in the event of any dispute or difference arising
out of or relating to this Agreement, except for breach in NMHG’s lack of payment, the parties hereto shall use their best
endeavors to settle such disputes or differences. To this effect, they shall consult and negotiate with each other, in good faith
and understanding of their mutual interest, to reach a just and equitable solution within a period of thirty (30) days, and then
the disputes or differences shall be finally settled by arbitration administered by the American Arbitration Association. This
Agreement and all matters arising thereunder shall be governed by the laws of the state of California applicable therein without
giving effect to the rules respecting conflict of law.

 

		5.3	A party is not liable under this Agreement for non-performance
caused by events or conditions beyond that party's control, if the party makes reasonable efforts to perform.

 

		5.4	LIMITATION OF LIABILITY

 

EXCEPT
AS EXPRESSLY SET FORTH ABOVE, NO OTHER WARRANTIES ARE EXPRESSED OR IMPLIED, INCLUDING BUT NOT LIMITED TO, ANY IMPLIED WARRANTIES
OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, AND FLUX EXPRESSLY DISCLAIMS ALL WARRANTIES NOT EXPRESSLY STATED HEREIN.
THE WORK PERFORMED UNDER THIS AGREEMENT IS FOR THE PRODUCTION OF PROTOTYPE UNITS 

 

    	Page 4  of 8	Confidential	7/24/2012              4

    	 

    

 

[***] Represents information which has been redacted
and filed separately with the Commission pursuant to a request for confidential treatment under Rule 24b-2 of the Securities Exchange
Act of 1934, as amended.

 

IN NO EVENT SHALL FLUX BE
LIABLE FOR ANY SPECIAL, INCIDENTAL, INDIRECT OR CONSEQUENTIAL DAMAGES (INCLUDING, WITHOUT LIMITATION, LOSS OF BUSINESS, REVENUE,
PROFITS, GOODWILL, USE, DATA OR OTHER ECONOMIC ADVANTAGE) ARISING OUT OF OR RELATED TO THIS AGREEMENT, WHETHER IN BREACH OF CONTRACT,
BREACH OF WARRANTY OR IN TORT, INCLUDING NEGLIGENCE, AND EVEN IF THAT PARTY HAS BEEN ADVISED IN ADVANCE OF THE POSSIBILITY OF SUCH
DAMAGES.

 

		5.5	Flux may assign or delegate portions or the entirety of the Deliverables
to 3rd parties, subcontractors, contract manufacturers and consultants. 

 

		5.6	Except for agreements relating to confidentiality, this Agreement constitutes the entire agreement
between NMGH and Flux with respect to the subject matter hereof and shall bind Parties and their perspective parents, subsidiaries
and affiliates. Furthermore this Agreement supersedes all prior agreements, understandings and proposals, whether written or oral.
This Agreement may not be amended or modified except by a writing signed by both parties. No oral statement of any person will,
in any manner or degree, modify or otherwise effect the terms and provisions of this Agreement. Except for terms relating to Intellectual
Property Rights, the terms and conditions of a related Schedule shall control if and when there is a conflict with any of the terms
or conditions of this Agreement.

 

IN WITNESS WHEREOF,
the parties have caused this Agreement to be signed by their duly authorized representatives and have made effective as of the
Effective Date.

 

	Flux Power, Inc.	 	NACCO Materials Handling Group, Inc.
	 	 	 	 	 
	By:	/s/ Craig Miller	 	By:	/s/ Rajiv K. Prasad
	 	 	 	 	 
	Name:	 Craig Miller 	 	Name:	Rajiv K. Prasad 
	 	 	 	 	 
	Title:	VP, Director of Legal Affairs	 	Title:	VP Global Product Dev.
	 	 	 	 	 
	Date:	2-20-12	 	Date:	April 30, 2012

 

////

 

    	Page 5  of 8	Confidential	7/24/2012              5

    	 

    

 

[***] Represents information which has been redacted
and filed separately with the Commission pursuant to a request for confidential treatment under Rule 24b-2 of the Securities Exchange
Act of 1934, as amended.

 

Exhibit A

 

Schedule No. 1

To 

Prototype Agreement

 

This
Schedule No. 1 (“Schedule”) to the Prototype Agreement (the “Agreement”) entered into effective as of February
6, 2012 by and between Flux Power, Inc. (“Flux”), and NACCO Materials Handling Group, Inc. is entered into and effective
by the parties hereto as of ______________(“Schedule 1 Effective Date”). This Schedule is subject to the terms and
conditions of the Agreement.

 

(Remainder of page intentionally left
blank)

 

    	Page  6 of 8	Confidential	7/24/2012              6

    	 

    

 

[***] Represents information which has been redacted
and filed separately with the Commission pursuant to a request for confidential treatment under Rule 24b-2 of the Securities Exchange
Act of 1934, as amended.

 

 

LiFePO4 Energy
Storage System

 

Prepared
For NACCO Materials Handling Group

 

CONFIDENTIAL

 

	Version	1.00
	Version Date	7/24/2012

 

    	Page 7  of 8	Confidential	7/24/2012              7

    	 

    

 

[***] Represents information which has been redacted
and filed separately with the Commission pursuant to a request for confidential treatment under Rule 24b-2 of the Securities Exchange
Act of 1934, as amended.

 

[***]

 

    	Page 8 of 8	Confidential	7/24/2012           8EXHIBIT 4.22

 

AGREEMENT TO AMEND SECURITIES PURCHASE AGREEMENT

AND 10% CONVERTIBLE DEBENTURE DUE AUGUST
1, 2012

 

THIS AGREEMENT (the “Agreement”)
to amend the Securities Purchase Agreement dated _______________ (the “Purchase Agreement”) and that certain 10% Convertible
Debenture due August 1, 2012 is made as of July 31, 2012 between American Bio Medica Corporation, a corporation duly organized
and existing under the laws of the State of New York (the “Company”), and ____________________________________, the
registered holder (the “Holder”) of a certain 10% Subordinated Convertible Debenture Due August 1, 2012, Series A (the
“Debenture”). Defined terms not otherwise defined in this Agreement shall have the meanings ascribed in the Debenture
and the Purchase Agreement. The Company and the Holder are sometimes referred to collectively in this agreement as the “Parties”
or singularly as a “Party.”

 

WHEREAS, the Company desires to extend
the maturity date of each Debenture until August 1, 2013 (the “Extended Maturity Date”); and

 

WHEREAS, the Holder has received and reviewed
Confidential Memorandum No. _____ that discloses certain risks and uncertainties related to the extension of the maturity date
of the Debenture; and

 

WHEREAS, the Holder is willing to amend
the Debenture to reflect the Extended Maturity Date; and

 

WHEREAS, the Parties agree to amend the
Debenture to extend the maturity date on the terms and conditions set forth in this Agreement.

 

NOW THEREFORE, for good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

 

1.          Recitals.
The above recitals, definitions, preamble and provisions are hereby made a part of this Agreement.

 

2.          Amendments
to Debenture.

 

(a)          The
title of the Debenture shall be deleted in full and replaced with the following:

 

“15% CONVERTIBLE DEBENTURE DUE AUGUST
1, 2013.”

 

(b)          The preamble
of the Debenture shall be deleted in full and replaced with the following:

 

“THIS DEBENTURE is one of
a duly authorized issue of up to $1,500,000 in Series A and Series B Debentures of AMERICAN BIO MEDICA CORPORATION, a corporation
duly organized and existing under the laws of the State of New York (the "Company") designated as its 15% Convertible
Debentures, Series A, due August 1, 2013. Capitalized terms used herein shall have the same meanings as are ascribed to such terms
in the Securities Purchase Agreement dated as of ___________________by and between the registered holder hereof (the "Holder")
and the Company, unless otherwise defined herein.”

 

    	 

    	 

    

  

(c)          The second
paragraph of the Debenture shall be deleted in full and replaced with the following:

 

“FOR VALUE RECEIVED, the
Company promises to pay to _______________________________, the Holder, the principal sum of _______________________ (US $_________)
on August 1, 2013 (the "Maturity Date") and to pay interest, in arrears on the principal sum outstanding from time to
time in arrears, on a quarterly basis with the first payment to be made on November 1, 2012, at the rate of 15% per annum accruing
from August 1, 2012. Accrual of interest shall commence on the date hereof until payment in full of the principal sum has been
made or duly provided for. (For clarity’s sake, the Company confirms that it shall pay to Holder interest, in arrears, on
the principal sum at the rate of 10%, from February 1, 2012 to August 1, 2012, and at the rate of 15% per annum thereafter until
maturity).

 

“Subject to the provisions
of paragraph 4 below, the principal of, and interest on, this Debenture are payable in such coin or currency of the United States
of America as at the time of payment is legal tender for payment of public and private debts, at the address last appearing on
the Debenture Register of the Company as designated in writing by the Holder from time to time. The Company will pay the principal
of and interest upon this Debenture on the Maturity Date, less any amounts required by law to be deducted, to the registered holder
of this Debenture as of the tenth day prior to the Maturity Date and addressed to such holder at the last address appearing on
the Debenture Register. The forwarding of such check shall constitute a payment of principal and interest hereunder and shall satisfy
and discharge the liability for principal and interest on this Debenture to the extent of the sum represented by such check plus
any amounts so deducted.”

 

4.          Amendment
to the Purchase Agreement. The third recital paragraph of the Purchase Agreement shall be deleted and replaced with the following:

 

“WHEREAS, the Buyer wishes
to purchase, upon the terms and subject to the conditions of this Agreement, 15% Subordinated Convertible Debentures Series A of
the Company (the "Debentures"), which will be convertible into shares of Common Stock, $0.01 par value per share of the
Company (the "Common Stock"), upon the terms and subject to the conditions of such Debentures (the Common Stock and the
Debentures sometimes referred to herein as the "Securities"), and subject to acceptance of this Agreement by the Company;”

 

5.          Effective
Date. The Effective Date of this Agreement will be August 1, 2012.

 

6.          Counterparts.
This Agreement may be executed by the Parties in several counterparts, each of which shall be deemed to be an original and all
of which shall constitute together but one and the same agreement. Delivery of executed counterparts of this Agreement electronically
(by email or fax) shall be effective as an original and shall constitute a representation that an original will be delivered.

 

    	 

    	 

    

 

7.          Governing
Law. This Agreement, the amended Debenture and the amended Purchase Agreement shall be governed by and construed in accordance
with the laws of the State of New York. Each of the Parties consents to the jurisdiction of the federal courts whose districts
encompass any part of the City of Albany or the state courts of the State of New York sitting in the City of Albany in connection
with any dispute arising under this Agreement and hereby waives, to the maximum extent permitted by law, any objection, including
any objection based on forum non conveniens, to the bringing of any such proceeding in such jurisdictions.

 

8.          Successors
and Assigns. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and assigns.

 

9.          No
Other Modification. Except to the extent specifically provided to the contrary in this Agreement, all terms and conditions of the
Debenture shall remain in full force and effect, without modification or limitation. In the event of any conflict or inconsistency
between any Debenture and the provisions of this Agreement, this Agreement will control and supersede to the extent of such conflict
or inconsistency.

 

IN WITNESS WHEREOF, the Parties have caused this Agreement to
be duly executed as of the date first above written.

  

THE COMPANY: AMERICAN BIO MEDICA CORPORATION

 

	By:	Stan Cipkowski	 
	 	Chief Executive Officer/Director	 
	 	 	 
	By:	Melissa A. Waterhouse	 
	 	EVP, CCO, SEC	 

 

THE HOLDER:

 

By:

 

Printed Name:

 

Printed Name:

 

Address:

 

Tel:

 

Email:

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