Document:

Exhibit
      10.17

    

    2007
      Management Incentive Plan (“2007 MIP”):

    

    The
      2007
      MIP is a cash incentive plan which links awards to performance results and
      is
      designed to provide cash incentive awards (“Awards”) to five senior management
      employees (the “Participants”): W. Barry Gilbert, Jeffrey Schlarbaum, Brian
      Davis, Donald Doody, and Tina DeVey.

    

    No
      Award
      will be paid to any Participant unless the Company has achieved a minimum net
      income of $400,000 (before taxes and net of all incentives) (“Minimum Net
      Income”).

    

    If
      the
      Minimum Net Income has been achieved, then each Participant will be eligible
      to
      receive an Award, if any, determined on the basis of the degree of achievement
      of certain performance criteria (“Performance Goals”) applicable to that
      Participant.

    

    Performance
      Goals based upon the following measurements have been established: On Time
      Delivery, Net Income Before Taxes, Sales, and Cash Collection Cycle. From the
      foregoing and based upon a Participant’s job responsibilities, the Committee has
      assigned a weighting factor to each Performance Goal as it applies to a
      particular Participant. The formula or matrix prescribing the extent to which
      such Participant’s Award will be earned based upon the level of achievement and
      the weighting of each Performance Goal is set forth on Attachment
      A.

    

    If
      the
      targets for each of a Participant’s Performance Goals are achieved, an Award
      equal to a percentage (varying from 25% to 50% of the Participant’s base salary
      will be paid (the “Target Award”). The incentive percentage of a Participant is
      based upon position in the Company. Below a threshold level of performance
      (“Plan Entry”), no Awards will be made. If the targets are surpassed, Awards
      will increase depending on the percentage of the targets achieved. However,
      no
      Award to a Participant may exceed 200% of the Target Award.

    

    With
      respect to each Participant, no Award will be payable except upon written
      certification by the Committee that the Minimum Net Income has been achieved
      and
      that the Performance Goals applicable to an individual Participant have been
      satisfied to a particular extent.

    

    Payment
      of any Award to a Participant based upon the degree of attainment of the
      applicable Performance Goals will be made within fifteen (15) days after receipt
      by the Company of the audited financial statements for Fiscal 2007. In order
      to
      receive an Award, a Participant must be an employee of the Company on the date
      such Award is to be distributed.

    

    The
      2007
      MIP is based upon the organic growth of the Company. If any acquisition is
      made
      by the Company in Fiscal 2007, the Committee will review the impact of such
      acquisition and determine what, if any, changes should be made to the 2007
      MIP.

    

    
      
        
        

      

      
        1AMENDMENT
      AGREEMENT

    

    This
      Amendment Agreement (this “Amendment
      No. 1”),
      dated
      as of October 25, 2007 (the “Amendment
      Date”),
      amends that certain Securities Purchase Agreement dated as of August 30, 2007
      (the “Agreement”),
      by
      and among Solomon Technologies, Inc., a Delaware corporation, and each purchaser
      identified on the signature pages thereto (collectively, the “Parties”
to
      the
      Agreement). Any capitalized terms not defined in this letter shall have the
      same
      meanings as in the Agreement.

    

    WHEREAS,
      the Parties wish to extend the time by which any Subsequent Closing Date must
      occur for any purchasers who are not holders of one or more of the January
      Debentures to the earlier of the Effectiveness Date or December 15,
      2007.

    

    NOW,
      THEREFORE, in consideration of the covenants and agreements herein set forth
      and
      other good and lawful consideration, the receipt and sufficiency of which is
      acknowledged, the Parties agree as follows:

    

    1. This
      Amendment No. 1 shall be effective as of the Amendment Date.

    

    2. Section
      2.1 of the Agreement is amended to delete the fourth sentence in its entirety
      and replace it with the following:

    

    “Notwithstanding
      anything herein to the contrary, any Subsequent Closing Date must occur on
      or
      before (i) the 20th
      calendar
      day following the date hereof, for any Purchasers who are holders of any of
      the
      January Debentures, or (ii) the earlier of (a) the Effectiveness Date or (b)
      December 15, 2007, for any Purchasers who are not holders of one or more of
      the
      January Debentures.”

    

    3. Except
      as
      set forth above, the Agreement, as amended herein, shall remain in full force
      and effect without further modification, unless altered or amended in accordance
      with Section 5.5 thereof.

    

    4. The
      Parties may execute this Amendment No. 1 in several counterparts or by separate
      instruments, all of which will constitute one binding agreement on the Parties.
      Facsimile signatures will be deemed originals for the purposes of this Amendment
      No. 1. 

    

    IN
      WITNESS WHEREOF, the Parties have duly executed this Amendment No. 1 as of
      the
      Amendment Date.

    

    [Remainder
      of this page left intentionally blank. Signature page(s) to
      follow.]

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
 

    
      	 	
              COMPANY:

              

              SOLOMON
                TECHNOLOGIES, INC.

              

              By:/s/
                Gary G.
                Brandt                              
                

              Name:
                Gary G. Brandt

              Title:
                Chief Executive Officer

              

              

              BRIDGE
                POINTE MASTER FUND LTD.

              

              By:/s/
                Eric
                Swartz                                     
                

              Name:
                Eric Swartz

              Title:

              

              

              TRUK
                INTERNATIONAL FUND, LP

              

              By:/s/
                Stephen
                Saltzstein                         
                

              Name:
                Stephen Saltzstein

              Title:
                Principal

              

              

              TRUK
                OPPORTUNITY FUND, LLC

              

              By:/s/
                Stephen
                Saltzstein                          
                

              Name:
                Stephen Saltzstein

              Title:
                PrincipalAMENDMENT
      TO 

    SECURITIES
      PURCHASE AGREEMENT

    

    THIS
      AMENDMENT TO SECURITIES PURCHASE AGREEMENT (the
      “Amendment”),
      dated
      August 17, 2007, by and among Solomon Technologies, Inc. (“STI”), Power Designs,
      Inc. (“PDI”) and Integrated Power Systems LLC (“IPS”), amends that certain
      Securities Purchase Agreement, dated as of August 17, 2006, by and
      among STI,
      IPS,
      PDI, and such other parties as listed therein (the “Purchase Agreement”) solely
      with respect to the rights and obligations of STI, PDI and IPS.

    

    IPS
      and
      PDI had previously agreed to a one year lockup with respect to their
      stockholdings in STI, expiring in mid January 2008. IPS and PDI have agreed
      to
      extend the lockup; provided that STI modifies the calculation of the Stock
      Payment Adjustment contained in the Purchase Agreement.

    

    The
      parties therefore wish to amend the Purchase Agreement as set forth
      below.

    

    Capitalized
      terms not defined herein have the meanings assigned to those terms in the
      Purchase Agreement.

    

    NOW
      THEREFORE,
      for
      good and valuable consideration, the parties hereby agree as
      follows:

    

    1. Amendment.
      The
      Purchase Agreement is hereby amended, but only in relation to the rights of
      PDI
      and IPS and obligations of STI, by deleting Section 2.3(i) in its entirety
      and
      replacing it with the following:

    

    
      	
            	(i)	
              issue
                additional shares of STI Common Stock (the “Additional Shares”) equal to
                the number determined by (x) multiplying (1) the Closing Stock Price
                by
                (2) the number of Retained Shares, then (y) dividing the result in
                (x) by
                the lower of the Post-Closing Stock Price or $0.35 and (z) subtracting
                from such amount the number of Retained Shares;.
                

            

    

    

    2. Affirmation.
      Except
      as expressly modified hereby, all terms and conditions of the Purchase Agreement
      and any ancillary documents attached as exhibits to the Purchase Agreement
      shall
      remain in full force and effect and are hereby ratified and confirmed by the
      parties signatory thereto. 

    

    3. No
      Effect as to Other Sellers.
      This
      Amendment shall not amend or otherwise effect the terms of the Purchase
      Agreement with respect to any of the Sellers (as defined in the Purchase
      Agreement), except for PDI and IPS. 

    

    3. Execution. This
      Amendment may be executed in any number of counterparts, each of which when
      so
      executed and delivered, whether by hand, electronic mail or facsimile, shall
      be
      deemed to be an original and all of which counterparts, taken together, shall
      constitute but one and the same instrument.

    

    

    {Signature
      Page Follows}

     

    
      
         

      

      
        1

        
          

        

      

      
         

      

       

    

    IN
      WITNESS WHEREOF,
      the
      parties hereto have executed this Agreement, on the day and year first above
      written.

     

     

    
      	 	
              SOLOMON
                TECHNOLOGIES, INC.

              

              By:/s/
                Gary
                Brandt                                     
                

              Name:
                Gary Brandt

              Title:
                Chief Executive Officer

              

              

              POWER
                DESIGNS, INC.

              

              By:/s/
                Anthony F. Intino,
                II                      

              Name:
                Anthony F. Intino, II

              Its:
                President

              

              

              INTEGRATED
                POWER SYSTEMS LLC

              

              By:/s/
                Stanley
                Young                                
                

              Name:
                Stanley Young

              Its:
                Manager

            

    

    
 

    
      
         

      

      
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