Document:

GreenPower Motor Company Inc.: Exhibit 10.10 - Filed by newsfilecorp.com

    

    
        

        April 19th,2018

        Henry Caouette

        ***

        Dear Henry,

        Congratulations! On behalf of GreenPower Motor Company, Inc. (The Company), I wish to extend you an offer of full time employment as Director of New Vehicle Development reporting to Phillip Oldridge, CEO. In the future, you may be assigned to or report to another executive. You will be responsible for all tasks related to the design, building, selection, sizing and the improvement of any or all components and systems required for the buses that GreenPower builds and sells. You will be responsible for validating new components and systems and following our contract manufactured buses through production. You will also be responsible for managing a team of engineers that may or may not be co-located with you. You will be located at GreenPower in Rancho Cucamonga, Porterville and remote co-location in Malaysia and China with our contract manufacturers. The job requires travel as per the needs of the business. You may also be sent to other locations such as; NAATC in Nevada, TRC in Ohio or Altoona Test Track in PA for extended periods of time as needed by the Company to oversee vehicle testing. Your anticipated start date will be Monday, April 30Th, 2018 or sooner. You will be compensated with an annual base salary of

        $144,000.00, subject to normal income tax withholdings. For an alternative offer that includes stock options, see below.

        You will be entitled to the benefits of similarly situated employees as those policies are developed and amended by the Company:

        	Benefits - 2 weeks of vacation for the first year, Posted Company Assigned Holidays and other benefits described in the Summary Plan Descriptions.
	Stocks - Subject to the approval of the Board of Directors and the TSX Venture Exchange the Company will grant if you accept $132,000.00 annual base salary, 50,000 stock options upon signing this document, 100,000 stock options after the first year of employment, all of which with a term of two years and exercise price at the current market price at time of signing this document.

        Your healthcare benefits will be effective after your completion of 90 days. The benefits made available by the Company, and the rules, terms, and conditions for participation in such benefit plans and policies, may modify compensation and benefits from time to time as it deems necessary.

        Please let us know of your decision to join GreenPower Motor Company, Inc. by signing a copy of this offer letter and returning it to us. Your offer is contingent upon your (1) signing of the Confidential Information, Invention Assignment and Arbitration Agreements; (2) providing proof of your eligibility to work in the United States and valid US passport; and (3) complying with and successfully passing any requirements of the Company (e.g. drug testing, background checks).

        This letter shall not be construed as an agreement to employ you for any stated term and does not alter our policy of employment at will, under which both you and the Company remain free to terminate the employment relationship for any reason, at any time, with or without notice or cause. Although your job duties, title, compensation and benefits, as well as the Company's personnel policies and procedures, may change from time to time in the Company's discretion, the "at-will" nature of your employment may only be changed by a written agreement signed by you and the Company. Similarly, nothing in this letter shall be construed as an agreement to pay you any compensation or grant you any benefit beyond the end of your employment with us.

        GreenPower Motor Company, Inc., is an organization that has built an outstanding reputation for exciting, innovative, and quality services. Credit for this goes to every one of our employees. I hope you will find your association with us to be both challenging and rewarding. We are enthusiastic about you joining our team and look forward to working with you. Should you have any questions please do not hesitate to contact us.

        Please confirm your acceptance of these terms by signing a copy of this letter where indicated no later than close of business April 23rd, 2018.

        	Very Truly Yours,	ACCEPTED:
	

	 
	
                    /s/ Brendan Riley
President 

                	/s/ Henry CaouetteGreenPower Motor Company Inc.: Exhibit 10.11 - Filed by newsfilecorp.com

    

    

    Amended Offer Letter

    August 3, 2018

    Anne Rutto

    Delivered by email (***)

    Dear Anne;

    Re: Offer of Employment

    GreenPower Motor Com pany Inc. and subsidiary companies ("GreenPower" or the "Company") is pleased to offer you the position of Senior Accountant for GreenPower  in  Vancouver, Canada. The position reports directly to Fraser Atkinson and indirectly to Mark Achtemichuk and involves working with other members of the team.

    Job Description

    The duties, roles and responsibilities will include, but are not limited to those set forth in Schedule A.

    Start Date

    Your employment will commence on or about August 23, 2018 or as is mutually agreed upon by both parti es.

    Probation

    The first three (3) months of your employment will be probationary. The probationary period provides GreenPower with an opportunity to assess your ability to perform the duties of your posit ion and to assess your ability to comply with the organizational requirements of the Company.

    Place of Work

    Your place of work will be at Suite 240 - 209 CarraII Street, Vancouver BC.

    Hours of Work

    The Company's normal hours of operation are from 8:30 a.m. to 5:00 p.m. However, it is anticipated that your hours of work may be irregular at times, and you may be required to work extended hour s in accordance with the priorities of your posit io n.

    

    Compensation

    You will be compensated with an annual Base Salary of $82,500 subject to normal income tax withholdings. There may be opportunities to earn additional bonuses based on the successful execution of specific projects.

    After your probationary period, you may be eligible to be granted stock options with a term of five years, exercise price at the current market price and vesting 25% after 4 months and then 25% after the end of years 1, 2 and 3, subject to the approval of the Board of Directors and the TSX Venture Exchange.

    Termination of Employment

    Your employment with the Company may be terminated in one of the following ways:

    a) You may terminate your employment with GreenPower by giving not less than 4 weeks' written notice of termination to GreenPower.

    b) GreenPower may terminate your employment at any time by giving you written notice or pay in lieu of notice, at the option of GreenPower according to and not exceeding the termination pay obligations mandated by the legislation in BC. Such notice or pay in lieu of notice will be in full and complete satisfaction of the obligations of GreenPower on termination of your employment.

    c) Your employment will be automatically terminated upon your death, and GreenPower shall be under no obligation to provide you or your estate or personal representative with notice of termination or payment in lieu of notice or any other form of severance pay or damages.

    d) Notwithstanding any other provision of this clause, GreenPower may terminate your employment at any time for just cause, in which case, you will not be entitled to notice, pay in lieu of notice or any other form of compensation, severance pay or damages.

    Benefits

    The Company will endeavour to have a Medical Plan in place by November 2018 at which time you shall have the option to participate in the Company's Medical Plan and the Company shall pay 50% of the base premiums for a single person for your participation in the Plan.

    You will be reimbursed for the use of your mobile phone for Company use and you shall be entitled to three weeks of vacation per year and increased to four weeks of vacation per year upon the completion of your first annual review.

    Confidentiality

    You agree that during the term of your employment, and for a period of twenty four (24) months after your employment you will not, divulge, publish or otherwise reveal, either directly or through another person, to any person, firm or corporation any information concerning confidential or proprietary information belonging to GreenPower or of any of its affiliated companies. You also

    

    agree that any and all work performed or work product developed for GreenPower is the sole property of GreenPower.

    Acceptance 

    To indicate your acceptance of this offer, please sign below.

    We firmly believe that you can make a great contribution to GreenPower, and that you will find working here a rewarding experience. We look forward to the opportunity of working with you  to create a successful company, and we are confident that your employment will  prove mutually beneficial.

    Sincerely,

    Fraser Atkinson Executive Chairman

    (604) 220-8048

    Agreed to and Accepted by:

    
        	

	 
	/s/ Anne Rutto	DateGreenPower Motor Company Inc.: Exhibit 10.12 - Filed by newsfilecorp.com

    

    

    Offer Letter

    November 15, 2018

    Michael Sieffert

    Delivered by email to ***

    Dear Michael;

    Re: Offer of Employment

    GreenPower Motor Company Inc. and subsidiary companies ("GreenPower" or the "Company") is pleased to offer you the position of Chief Financial Officer for GreenPower in Vancouver, Canada. The position reports directly to Fraser Atkinson and indirectly to Brendan Riley and Phillip Oldridge and involves working with other members of the team.

    Job Description

    The duties, roles and responsibilities will include, but are not limited to those set forth in Schedule A.

    Start Date

    Your employment will commence on or about November 20, 2018 or as is mutually agreed upon by both parties and will be subject to review one year after you commence employment .

    Place of Work

    Your primary place of work will be at Suite 240 - 209 CarraII Street, Vancouver BC. However you may have to travel to the Company's facilities in California or to meet with investors in the United States and Canada.

    Hours of Work

    The Company's normal hours of operation are from 8:30 a.m. to 5:00 p.m. However, it is anticipated that your hours of work may be irre gular at time s, and you may be required to work extended hours in accordance with the priorities of your posit ion.

    Compensation

    You will be compensated with an annual Base Salary of CDN $200,000 subject to normal income tax witholdings increasing to CDN $22 5,000 after three full months of employment.

    You will also be eligible for the bonuses set out in Schedule B.

    

    The Company undertakes to grant you 350,000 stock options within ten business days of the start of your employment, with a term of five years, exercise price at the current market price and vesting 25% after 4 months and then 25% after the end of year 1 and 50% after two years to the approval of the Board of Directors and the TSX Venture Exchange. You will be eligible to participate in future stock option grants commencing in 2020.

    Termination of Employment

    Your employment with the Company may be terminated in one of the following ways:

    a) You may terminate your employment with GreenPower by giving not less than 2 months written notice of termination to GreenPower.

    b) Your employment will be automatically terminated upon your death, and GreenPower shall be under no obligation to provide you or your estate or personal representative with notice of termination or payment in lieu of notice or any other form of severance pay or damages.

    c) Notwithstanding any other provision of this clause, GreenPower may terminate your employment at any time for just cause, in which case, you will not be entitled to notice, pay in lieu of notice or any other form of compensation, severance pay or damages.

    d) Should you be placed on long term disability.

    Benefits

    The Company will endeavour to have a Medical Plan in place by the end of 2018 at which time you shall have the option to participate in the Company's Medical Plan and the Company shall pay 50% of the base premiums for your family to part icipate in the Plan .

    The Company will purchase a Laptop and a mobile phone for your use on corporate mat ters. You shall be entitled to four weeks of vacation per year.

    Acceptance

    To indicate your acceptance of this offer, please sign and return to us before November 19,

    2018.

    Your offer is contingent upon your signing the Confidential Information, Invention Assignment and Arbitration Agreement and the Standard form of Consent to Act as an Officer.

    We firmly believe that you can make a great contribution to GreenPower, and that you will find working here a rewarding experience. We look forward to the opportunity of working with you to create a successful company, and we are confident that your employment will prove mutually beneficial.

    

    Sincerely,

    /s/ Fraser Atkinson

    Fraser Atkinson 
Executive Chairman 
(604) 220-8048

    Agreed to and Accepted by:

    	/s/ Michael Sieffert 	 	November 15, 2018	

	 	 	Date	

    

    

    Schedule A

    Basic Function: The chief financial officer position is accountable for the administrative , financial, and risk management and operations of the company, to include the  development  of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results. Principal account abilities are:

    Planning

    1. Assist in formulating the company's future direction and supporting tactical initiatives

    2. Monitor and direct the implementation of strategic business plans

    3. Develop financial and tax strategies

    4. Manage the capital request and budgeting processes

    5. Develop performance measures that support the company 's strategic direction

    Operations

    1. Participate in key decisions as a member of the executive management team

    2. Maintain in-depth relations with all members of the management team

    3. Manage the accounting, human resources, investor relations, legal, tax, and treasury

    departments, including the hiring and management of any third parties to which any of these functions have been outsourced and the implementation of operational best practices in these departments

    4. Oversee the financial operation s of subsidiary companies and foreign operations

    5. Oversee the company's transaction processing systems; including cash management overview and approval functions in conjunction with the accounting department

    6. Oversee employee benefit plans, with particular emphasis on maximizing a cost -effective benefit s package

    7. Supervise acquisition due diligence and negotiate acquisit ions

    Financial Information

    1. Oversee the preparation and issuance of financial information

    2. Personally review and approve all corporate filings on SEDAR and, if applicable, with the Securities and Exchange Com mission.

    3. Report financial results to the board of directors

    

    Risk Management

    1. Understand and mitigate key elements of the company's risk profile

    2. Monitor all open legal issues involving the company, and legal issues affecting the industry

    3. Construct and monitor reliable control systems

    4. Maintain appropriate insurance coverage

    5. Ensure that the company complies with all legal and regulatory requirements

    6. Ensure that record keeping meets the requirements of auditors and government agencies

    7. Report risk issues to the audit committee of the board of directors

    8. Maintain relations with external auditors and investigate their findings and recommendations

    9. Review and prepare the appropriate Indemnity Agreements for the Directors and Officers of the Company

    Funding

    1. Monitor cash balances and cash forecasts

    2. Arrange for debt and equity financing

    3. Invest excess capital

    4. Invest pension funds, if any

    Third Parties

    1. Participate in conference calls with the investment community

    2. Maintain banking relationships

    3. Represent the company with investment bankers, equity analysts and investors, significant vendors

    

    Schedule B

    For the year after the commencement of your employment you will be entitled to earn bonuses of up to CDN $125,000 for the following activities (individually an "Activity"):

    1. CDN $25,000 - to secure a facility in the range of $3 to $5 Million for San Joaquin Equipment Leasing (our wholly owned subsidiary). Equity funding will be allocated to this aspect of the business providing leverage for any lease facility

    2. CDN $25,000 - to secure floor plan financing in the range of $3 to $5 million for our EV Stars and Synapse school buses in conjunction with Creative Bus Sales floor plan or any other like dealers that are secured by the Company. Equity funding will be allocated to this aspect of the business

    3. CDN $25,000 - to secure analyst coverage from a recognizable firm (ie. not a " fo r hire" research firm)

    4. CDN $25,000 - Company completes the uplisting to NASDAQ

    5. CDN $25 ,000 - Where any combination of two of the above items are completed OR where you secure a new item such as a funding program in Canada or the U.S. that was not previously identified by the Company

    Upon the successful completion of an Activity then the bonus is payable within ten business days.

    To the extent that the specific funding is less than the target amounts then the Company will pay a pro-rata amount of the bonus.

    To the extent that any of these activities are substantially complete at the end of one year then the entitlement to the bonus will survive until the Activity is completed. For example, if a Term Sheet for a Leasing Facility has been received, approved and signed but is subject to various closing conditions then this Activity will survive until the closing has been completed.

    In the event that there is a Change in Control (as defined in the Company's stock option plan) OR if any two of Fraser Atkinson, Phillip Oldridge or Brendan Riley cease to be with the Company (either being a "Triggering Event") then any Activity that is substantially completed or is completed within six months of the Triggering Event will be deemed to have been earned and payable. So long as you are employed by the Company on the date of the Triggering Event, any bonus payment deemed to be earned and payable within six months of the Triggering Event will be paid within ten business days, whether or not you continue to be employed by the Company.

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