Document:

Lease Agreement

 Exhibit 10.8 

LEASE AGREEMENT 

THIS LEASE AGREEMENT is made this
4th day of May, 2010 by and between the Finger
Lakes Economic Development Center, hereinafter referred to as “Landlord”, and Greencell, Inc. hereinafter referred to as “Tenant.” 

WITNESSETH: 

1. PREMISES & TITLE 

1.1 For and in consideration of the payment of the rental and performance of the covenants and agreements hereinafter set forth, Landlord
leases to Tenant, and Tenant accepts from Landlord, the premises located at 1 Keuka Business Park, in the Town of Jerusalem, State of New York, and consisting of production space of
                                         9,900
             square feet, along with 4,100              square feet of office space to be shared with SenCer, INC., as agreed
upon with SenCer, Inc., which may be used for common purposes between the two companies, in the building known as the Canandaigua Building and also suite #210 of the Keuka Business Park and more fully shown on Exhibit A, attached hereto and
incorporated herein by this reference (“the Leased Premises”). Nothing about the fact that Tenant may agree to use some space in common with the aforesaid SenCer, Inc. shall relieve Tenant of any of its responsibilities and obligations
under this lease. 
 1.2 Landlord warrants that it has title to the Leased Premises, and that it has the right to lease the same
for the term of this Lease. Landlord covenants that Tenant, upon the payment of the rent herein stipulated and the performance of all the covenants and agreements hereunder, shall have the peaceful and quiet possession, use and enjoyment of the
Leased Premises, without hindrance on the part of the Landlord or any party claiming by, through or under it, for the term of this Lease. 

1.3 This lease is and shall be subordinate at all times to any mortgage or mortgages which may now be or at any time hereafter shall be
placed upon or made a lien upon the said leased premises or any part thereof and to any extension, spreading, or modification thereof, The Tenant will, without expense to the Landlord, promptly execute and deliver on demand such further and
additional instrument or instruments in proper form for recording subordinating this lease to any such mortgage or mortgages as shall be requested by the Landlord or by any mortgage or proposed mortgage. The Tenant hereby appoints the Landlord the
attorney-in-fact of the Tenant revocable to execute and deliver any such instrument or instruments for and on behalf of and in the name of the Tenant. 

1.4 The TENANT represents that TENANT has inspected and examined the premises and accepts them in their present condition. Prior to the
commencement of this Lease, Landlord and Tenant shall prepare and sign an inspection report which shall establish the condition of the Leased Premises at the commencement of the Lease. 

 2. TERM 

2.1 The term of this Lease shall be for a period commencing on May 1, 2010 and terminating at midnight on April 30, 2011.

 2.2 Tenant shall have the option to cancel this Lease Agreement without penalty only under the following conditions:

 1) Tenant is relocating to another facility inside Yates County, and 

2) Tenant gives at least 90 days notice of such relocation. 

3. RENTAL 

3.1 Tenant covenants and agrees to pay to Landlord for the use and occupancy of the Leased Premises according to the following
schedule, commencing on April 1, 2010: 
  

				
	 Lease Dates
	  	Monthly Rental Payment
	 5/1/2010-4/30/2011
	  	$	4,450

 3.2 The
monthly payments to be made at the FLEDC office at 1 Keuka Business Park, Suite 104, Penn Yan, New York. 

3.3 Late payments will be billed 7% interest per annum starting on the
15th of the month, retroactive to the first of that month,
for each month overdue. 
 4. UTILITIES 

4.1 Landlord shall provide water and sewer utility services for the leased premises. All telecommunications systems are the responsibility
of the tenant. 
 4.2 Tenant is responsible at their own expense for heating and electrical costs associated with the leased
space in Canandaigua Building through direct billings with the Penn Yan Municipal Utilities Board and NYSEG. 
 Tenant shall pay
$450/month as a utility allowance over the term of the lease for Suite 210 in Keuka Business Park payable in the same terms as Section 3 above. 

The landlord and tenant shall annually review estimated utility costs and make adjustments to the monthly payment, provided both
parties are in agreement, and sign an addendum to be added to this lease agreement. 
 4.3 In the event of any problem with
the electrical service, the Tenant shall first notify the Landlord and will not contact the Penn Yan Municipal Utilities Board without Landlord’s prior approval. 

5. USE OF LEASED PREMISES 

5.1 Tenant covenants and agrees that the leased premises shall be used solely and exclusively for the purpose of production, assembly,
warehousing, and distribution of composite material known as “UltraTemp”. 
  

 5.2 Tenant agrees to conduct its business solely within its leased premises. Use of
additional space will require prior written consent of Landlord. 
 5.3 Tenant shall not obstruct any of the roadways extending
through the Leased Premises. 
 5.4 Tenant shall observe and comply with all laws, statutes, ordinances, rules, regulations,
orders and/or directives or governmental authorities pertaining to the manner in which Tenant uses the leased premises. Tenant shall also observe and comply with all reasonable rules and regulations which Landlord may make from time to time for the
management, safety, care, and cleanliness of the building and grounds, the parking of vehicles and the preservation of good order therein as well as for the convenience of other occupants and tenants of the building. The violations of any such rules
and regulations shall be deemed a material breach of this Lease by Tenant 
 5.5 Tenant is strictly prohibited from bringing any
chemicals or toxic materials onto the premises except those materials which will be used directly in the conduct of Tenant’s business as described above (5.1), and in such cases, must be properly stored, dispensed and disposed of in accordance
with all applicable regulations. 
 6. SIGNS 

Tenant shall not have the right to place signs, lights, poles, or mail boxes in or about the Leased Premises without the prior written
consent of Landlord. If that consent is granted, Tenant agrees to remove all such signs, lights and poles prior to expiration of this Lease, repairing any damage to leased premises caused by such removal, and during the term of this Lease to
maintain the same in good condition and repair. 
 7. ALTERATIONS, REPLACEMENTS AND IMPROVEMENTS 

7.1 Tenant may not make any alterations, additions or improvements to the Leased Premises without the prior written consent of Landlord.
If such consent is granted and unless expressly agreed otherwise in writing, Tenant agrees to remove all such alterations, replacements and improvements prior to expiration of this Lease, repairing any damage to the leased premises caused by such
removal, and during the term of this Lease to maintain the same in good condition and repair. 
 7.2 Any such alterations,
additions or improvements, unless expressly agreed otherwise, may be removed by Tenant at any time, provided that Tenant shall repair any damage to the Leased Premises caused by such removal. 

8. REPAIR AND MAINTENANCE 

8.1 LANDLORD’S REPAIR AND MAINTENANCE. Landlord at its cost shall maintain the following: 

a. The structural parts of the building and other improvements, that are part of the leased premises which structural parts include the
foundations, bearing and exterior walls, subflooring and roof. 

 b. The unexposed electrical, plumbing and sewage systems, including, without limitation,
those portions of the systems lying outside the premises. 
 c. The Landlord shall have all snow and ice removed from the
sidewalks leading to the premises as soon as practicable, and see that snow from the parking area is properly and reasonably removed and that all refuse and garbage is removed from the collection area. 

d. The Landlord shall maintain the common areas, parking areas, hallways and stairs and restrooms, in a safe, clean and orderly
condition. 
 8.2 T’ENANT’S REPAIRS AND MAINTENANCE. Tenant at its cost shall perform the following: 

a. Any construction, modification and/or improvements made to the leased premise will be at the expense of the Tenant (unless
otherwise agreed), and will require the approval of the Landlord. Any improvements or modifications performed by, or on behalf of, the Tenant will, at the option of the Landlord, remain as part of the Keuka Business Park at the conclusion of the
lease term. 
 b. Except as provided in paragraph 8.1 above, Tenant at its cost shall maintain the leased premises,
including all janitorial care of the office and restroom facilities associated with this space, and at the expiration of the term of this Lease Agreement, or prior termination, Tenant shall surrender the leased premises to Landlord in the same
condition as received, normal wear and tear, damage from the elements, fire or other casualty, damage Landlord is required to repair hereunder, or damage from the negligence or willful misconduct of Landlord, its agents or employees, excepted. 

 c. Tenant also agrees to maintain outdoor areas affected by the operations of the business in an orderly fashion,
including, but not limited to, stacking and disposal of pallets, trash and recycling areas, employee litter and damage to the facilities. 

9. LIABILITY INSURANCE & INDEMNITY 

9.1 Tenant shall at all times during the term hereof, at its own expense, maintain a commercial general liability insurance
policy with a One Million Dollar ($1,000,000) combined single limit for any one (1) occurrence, insuring the Landlord and Tenant against all liability for damages to person or property in or about the Leased Premises. Tenant shall
provide to Landlord a current Certificate of Insurance, with the Landlord listed as an additional insured.  
 9.2
Tenant shall indemnify and hold Landlord harmless against any and all claims and demands arising from the negligence of the Tenant, its officers, agents and/or employees, as well as those arising from Tenant’s failure to comply with any
covenant of this Lease on its part to be performed, and shall at its own expense defend the Landlord against any and all suits or actions arising out of such negligence, or failure to comply, actual or alleged, and all appeals therefrom and shall
satisfy and discharge any judgment which may be awarded against Landlord in any such suit or action. 

 9.3 Landlord shall maintain in effect at all times insurance against damage or loss to the
leased premises. Insurance on tenant’s contents or business operation shall be the responsibility of the tenant. 
 9.4
Tenant covenants and agrees to pay Landlord an amount equal to the escalation in insurance premiums on the Landlord’s premises arising out of the occupancy of the Tenant. 

10. WAIVER OF SUBROGATION 

10.1. The Tenant agrees to waive their rights of recovery against the landlord that the Tenant may have for any loss or damage to the
Tenant’s property including property the Tenant is responsible for covered under any property insurance contract. It further agreed that the Tenant shall send their insurance agent a copy of this lease to prevent any confusion should there be a
loss. 
 11. DESTRUCTION AND/OR CONDEMNATION OF THE PREMISES 

11.1 In case of the total or such partial loss of the Leased Premises through fire, other casualty and/or condemnation, as shall make it
impracticable for Tenant’s use as set forth in Paragraph 4.1, this Lease may be terminated at the option of either party on written notice to the other, and in that case, Tenant shall not be liable for any rent after the date of Tenant’s
removal from the Leased Premises. 
 11.2 If the Lease is not terminated pursuant to Paragraph 10.1, then the rent shall be
equitably adjusted to reflect the portion of the Leased Premises that are no longer available for Tenant’s use. 
 12.
ASSIGNMENT OR SUBLEASE 
 Tenant shall not have the right to assign this Lease or sublet the Leased Premises or any part
thereof without the prior written consent of Landlord, which consent shall not be unreasonably withheld. 
 13. ACCESS TO
LEASED PREMISES 
 Landlord shall have the right to enter the Leased Premises at all reasonable hours for the purpose of
making any repairs, alterations, additions or improvements to the Leased Premises. All such repairs, alterations, additions and improvements shall be done in a manner so as not to unreasonably interfere with Tenant’s use of the Leased Premises.
During the repair period, Tenant’s liability for rent and other sums payable by Tenant hereunder shall be reduced by that amount which bears the same ratio to said rent and such other sums as the area of the Leased Premises rendered unsuitable
by such repair work for the normal operation of Tenant’s business bears to the entire area of the Leased Premises. 

14. DEFAULT BY TENANT 

14.1 The following shall be deemed a default by Tenant under the terms of the Lease (“Event of Default”): 

a. The failure by Tenant to pay any rent or other sum of money due hereunder within ten (10) days after written notice from Landlord
that such payment has not been made; 

 b. The failure by Tenant to perform any other of the terms, conditions or covenants of this
Lease to be observed or performed by Tenant for more than thirty (30) days after written notice from Landlord of such default, unless such default is of a nature that it cannot practicably be cured within a thirty (30) day period and
Tenant is proceeding with due diligence to cure such default; 
 c. The making by Tenant of an assignment for the benefit of
creditors; 
 d. The filing of a petition by or against Tenant for adjudication as a bankrupt under the Bankruptcy Act, as now
or hereafter amended or supplemented, or for reorganization within the meaning of Chapter XI of the Bankruptcy Act, or the commencement of any action or proceeding for the dissolution or liquidation of Tenant, whether instituted by or against
Tenant, or for the appointment of a receiver or trustee of the property of Tenant, provided that no such filing or proceeding instituted by a third party shall be regarded as a default hereunder if Tenant shall promptly move to have the same
dismissed, rescinded or rendered inoperative and Tenant prosecutes such action with due diligence and continues to perform and discharge all of the covenants and obligations on its part to be performed or discharged under this Lease during the
pendency of such proceedings. 
 14.2 Upon the occurrence of an Event of Default, Landlord shall have the immediate right of
re-entry and possession of the Leased Premises, which right shall remain continuous until such time as Tenant shall have cured such Event of Default. Notwithstanding such re-entry and possession of the Leased Premises by Landlord, Tenant shall
remain liable for the rent and other sums payable hereunder whether or not the Leased Premises are relet by Landlord an for all expenses which Landlord may incur in re-entering the Leased Premises and repairing and maintaining the same less such
proceeds, if any, which may result from the reletting of the Leased Premises. 
 14.3 Additionally, upon the occurrence of any
Event of Default, Landlord shall have the right to terminate this Lease by written notice of such intention to Tenant. In the event Landlord elects to terminate this Lease, Tenant’s liability for rent and other sums payable hereunder and to
perform any other term, condition, covenant or agreement on its part to be performed under this Lease shall cease and terminate as to any period subsequent to the date on which Landlord delivers to Tenant written notice of such termination. Tenant
shall remain liable, however, for all rent and the performance of all terms conditions and agreements relating to matters prior to the date of such termination. 

14.4 Additionally, the parties agree that any default by the co-tenant, SenCer, Inc. can be treated by Landlord as a default by Tenant as
though it was Tenant’s own default. Tenant will be given the opportunity to cure such default under the terms of this Agreement. Failure of Tenant to successfully cure said default shall give Landlord the right to implement any remedy
authorized under the terms of this agreement. 
 15. REMEDIES CUMULATIVE 

No mention in this Lease of any specific right or remedy shall preclude either party from exercising any other right or from having any
other remedy or from maintaining any action to which it may be otherwise entitled either at law or in equity. 

 16. WAIVER 

The failure of either party to insist in any one or more instances upon a strict performance of any covenant of this Lease or the waiver
by either party of any breach of any term, covenant or condition herein contained shall not be deemed to be a waiver or relinquishment of such term, covenant or condition or any subsequent breach of the same or any other term, covenant or condition
herein contained. No covenant, term or condition of this Lease shall be deemed to have been waived by either party unless waived by written instrument. 

17. HOLDING OVER 

Any holding over by Tenant, with Landlord’s written consent, after expiration of this Lease shall operate and be construed as a
tenancy from month to month on the same terms, covenants, conditions, provisions and agreements contained in this Lease, except the monthly rent payment shall increase by 100%. 

18. NOTICES 

All notices as required by any of the terms and conditions of this Lease shall be deemed given when the notice is prepared, adequately
addressed and deposited in the United States mail, postage prepaid. Notices to Landlord and Tenant are adequately addressed as follows: 
  

			
	Landlord:	  	 Finger Lakes Economic Development Center

1 Keuka Business Park, Suite 104
 Penn Yan, NY
14527

		
	Tenant:	  	 Greencell, Inc.
 1 Keuka
Business Park
 Penn Yan, NY 14527

19. MECHANICS’ LIENS 

Tenant shall pay all costs for construction done by it or caused to be done by it in the leased premises as permitted by this Lease
Agreement. Tenant shall keep the building, other improvements, and land of which the leased premises are a part free and clear of all mechanics’ liens resulting from construction done by or for Tenant. Tenant shall have the right to contest the
correctness or the validity of any such lien, if immediately on demand by Landlord, Tenant procures and records a lien release bond issued by a corporation authorized to issue surety bonds in an amount equal to one and one-half times the amount of
the claim of the lien. 
 20. ATTORNEYS’ FEES 

If either party becomes a party to any litigation concerning this Lease Agreement, the leased premises, or the building or other
improvements in which the leased premises are located, by reason of any act or omission of the other party or its authorized representatives, and not by any act or 

 
omission of the party that becomes a party to that litigation or any act or omission of its authorized representatives, the party that causes the other party to become involved in the litigation
shall be liable to that party for reasonable attorneys’ fees and court costs incurred by it in the litigation. 
 If either
party commences an action against the other party arising out of or in connection with this Lease Agreement, the prevailing party shall be entitled to have and recover from the losing party reasonable attorneys’ fees and costs of suit.

 21. SUCCESSORS AND ASSIGNS 

This Lease and all its provisions shall be binding upon the heirs, administrators, executors, successors and assigns of the parties
hereof. 
 IN WITNESS WHEREOF, the respective parties have executed this instrument as of the day and year first hereinabove
written. 
  

					
		 	LANDLORD:
		 	Finger Lakes Economic Development Center
			
		 	By:	 	 /s/ Steven Griffen

		 		 	 Steven Griffen
  

August 30, 2010

		
		 	TENANT: Greencell, Inc.
			
		 	By:	 	 /s/ Dan Valladao

		 		 	 Dan Valladao, Chief Executive Officer
  

August 30, 2010Amended Technology License Agreement

 Exhibit 10.9 

AMENDED TECHNOLOGY LICENSE AGREEMENT 

THIS AMENDED TECHNOLOGY LICENSE AGREEMENT (the “Agreement”) is made and entered into this 30th day of June, 2010, by and between
SenCer Inc., a New York corporation (“Licensor”), and GreenCell, Incorporated, a to be formed Florida Corporation (the “Company”). 

WITNESSETH: 

WHEREAS, Licensor is the inventor and owner of certain ceramic technology that has applications in a variety of areas including oxygen
sensors for home and automotive use, fuel cell technology, and igniter technology as further described herein; and 
 WHEREAS,
Licensor desires to license the technology to Company under the terms hereof; 
 NOW, THEREFORE, in consideration of the
premises and the mutual promises herein contained, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 

1. DEFINITIONS 
 1.1.
“Derivative Technology” means any and all proprietary processes, inventions, discoveries, technology, apparatus, tools, drawings, designs, prototypes, plans, specifications, materials, trade secrets, works of authorship, know-how,
standards, documentation, applications, programs, methods, techniques, formulae, protocols, analyses, information and data in any form (whether or not patentable or copyrightable), and any and all other intellectual property or proprietary
information discovered, derived or developed from or based upon the Licensor Technology, or as a result of the Company’s use of the Licensor Technology. 

1.2. “Licensor Technology” means any and all proprietary processes, inventions, discoveries, technology, apparatus,
tools, drawings, designs, prototypes, plans, specifications, materials, trade secrets, works of authorship, know-how, standards, documentation, applications, programs, methods, techniques, formulae, protocols, analyses, information and data in any
form (whether or not patentable or copyrightable), and any and all other intellectual property or proprietary information, that presently exists or is developed prior to, on or after the date of execution of this Agreement relating in any way to
Licensor’s ceramic composite technology using the UltraTemp, Ceris or Ceros products, including gas igniters, appliance igniters, flue gas sensors, automotive sensor heaters, automotive gas sensors, fuel cell stacks and components, heat and gas
distribution products, but excluding plastic welding for automotive components, and operational capabilities related thereto. 

1.3. “Person” means an individual, a partnership, a corporation, a limited liability company, an association, a joint
stock company, a trust, a joint venture, an unincorporated organization or other entity, or a government or any branch, department, agency, political subdivision or official thereof. 

1.4 “Fields of Use” means UltraTemp, Ceris or Ceros technology for the transportation or appliance gas ignition markets.

 2. GRANT OF LICENSE 

2.1 Effective as of the Viability Confirmation Date, Licensor hereby grants to Company, a perpetual, irrevocable, exclusive,
nontransferable (other than as part of a sale of all or substantially all of the assets of the Company, a merger or consolidation of the Company, or other transaction or series of transactions constituting a sale of all or substantially all of the
Membership Interests in the Company, or as expressly provided in this Agreement), unlimited, unrestricted, worldwide, fully paid up, royalty-free right and license, to (i) use the Licensor Technology and Derivative Technology (hereinafter, the
“Technology”) in any and all transportation applications (the “Fields of Use”) and, (ii) design, develop, manufacture, have manufactured, use, sell, offer for sale, promote, advertise, import, distribute, test or service
products embodying or comprised of (in whole or in part) (x) said applications, and/or (y) the Licensor Technology and/or Derivative Technology in the Fields of Use. 

2.2 During the term of this Agreement, Licensor agrees that it (i) shall have no right to exploit the Technology (in whole or in
part) in the Field of Use; and (ii) shall not disclose or license any Technology (in whole or in part) in the Fields of Use to any Person without the prior written consent of the Company. 

2.3 The parties agree that the Company may sublicense its rights hereunder to (i) any customer or client of the Company, without the
prior written consent of Licensor or any other Person, and (ii) to any other Person with the prior written consent of Licensor. 

3. OWNERSHIP OF DERIVATIVE TECHNOLOGY 

3.1 Licensor acknowledges and agrees that the Company shall be the worldwide owner of (i) any and all Derivative Technology made or
developed by Licensor or the Company, alone or jointly with others, during the term and within the Fields of Use, and (ii) any and all intellectual property and proprietary rights in such Derivative Technology in the Fields of Use, including
without limitation the worldwide patents for such Derivative Technology and all subsidiary rights in such Derivative Technology. Licensor hereby assigns, and upon creation of said Derivative Technology does assign, to the Company all of
Licensor’s right, title and interest in and to such Derivative Technology in the Fields of Use, whether made or developed solely by Licensor or jointly with the Company or others. Licensor acknowledges that the decision whether or not to
commercialize, exploit or market any Derivative Technology in the Fields of Use is within the Company’s sole discretion and for the Company’s sole benefit. 

3.2 To the extent any said Derivative Technology is made or developed by Licensor, alone or joint with others, in the Fields of Use,
Licensor agrees to execute all documents requested by the Company and provide assistance to the Company to enable the Company or its designee(s) to secure all rights in and to said Derivative Technology, including the disclosure to the Company of
all pertinent information and data with respect thereto, the execution of all applications, specifications, oaths, assignments and all other instruments that the Company deems necessary to apply for and obtain such rights and to assign and convey to
the Company and its successors and assigns any patents or other intellectual property and proprietary rights relating thereto. 
 4. TERM AND
PARTIAL ROYALTY 
 This Agreement and the license granted hereunder shall become effective as of the Viability Confirmation Date and shall
continue in perpetuity. However, if after a period of 5 years any portion of the technology has not been developed or brought to market the exclusive nature of this License shall be lost as to the specific aspect of the license, and such technology
may be licensed or used elsewhere by SenCer. This License shall continue in a non-exclusive manner as to that technology, and this License shall not be affected as to any applications of the technology that has been developed and brought to market.

 In addition, as a result of SenCer adding additional technologies to this License, i.e. “the Igniter” technology, a
royalty shall be paid to SenCer, on a quarterly basis, of 2% of the gross sales or further 

 licensing of the Igniter technology, or the sale of products which include that technology. This royalty
shall not be paid on any other aspects of this license, and shall be limited to the Igniter, and any products related thereto. 
 5.
REPRESENTATIONS AND WARRANTIES 
 Licensor represents and warrants to the Company that, as of the date of execution of this
Agreement, (i) Licensor is the sole and exclusive owner of all worldwide right, title and interest in and to the Licensor Technology, free and clear of any liens, claims, security interests, encumbrances or demands of third parties,
(ii) Licensor has the full right and authority to enter into and grant to the Company, all rights granted under this Agreement, (iii) Licensor is not a party to any agreement and has not granted to any Person any right, license, or
privilege that conflicts with this Agreement, (iv) the Licensor Technology is not being infringed and does not infringe the intellectual property or proprietary rights of any Person, (v) the Licensor Technology has not been disclosed to
any Person other than the Company, (vi) Licensor has not received written notice of any judicial, administrative or other proceeding or claim pending, or to Licensor’s knowledge threatened, against or otherwise affecting or relating to any
of the Licensor Technology or which calls into question (expressly or by implication) the right of the Company to exercise any rights granted to it hereunder, (vii) in no event shall the Company be obligated to pay any fees or any amounts to
Licensor or any Person for the assignment, use or exploitation of any Technology, and (viii) upon the request of the Company, Licensor shall, at its own expense, take any and all actions necessary and/or advisable to protect and defend all
rights in the Licensor Technology. 
 6. INDEMNIFICATION; LIMITATION OF LIABILITY 

6.1 IN NO EVENT SHALL THE COMPANY, ITS SUBSIDIARIES AND AFFILIATES, OR THEIR RESPECTIVE DIRECTORS, OFFICERS, MEMBERS (OTHER THAN
LICENSOR), EMPLOYEES, AGENTS, TRANSFEREES, SUCCESSORS AND ASSIGNS BE LIABLE TO LICENSOR FOR INCIDENTAL, PUNITIVE, INDIRECT, CONSEQUENTIAL OR SPECIAL DAMAGES, INCLUDING LOST PROFITS, WHETHER FORESEEABLE OR UNFORESEEABLE (AND WHETHER OR NOT ADVISED OF
THE POSSIBILITY THEREOF), ARISING FROM ANY CAUSE OF ACTION WHATSOEVER, INCLUDING CONTRACT, WARRANTY, STRICT LIABILITY, OR NEGLIGENCE, ARISING OUT OF OR RELATED TO THIS AGREEMENT. 

7. INFRINGEMENT 

7.1 In the event that Licensor or the Company learns of any claim or act of any Person that constitutes or may constitute or result in an
infringement or other violation of any Technology in the Fields of Use, such party shall promptly notify the other party thereof in writing and provide any available evidence of such infringement. 

7.2 Licensor shall have the first right, at its own expense, to institute and prosecute all actions, suits or proceedings against any
violation of Licensor Technology in the Fields of Use. The Company shall keep any recovery or damages for infringement derived from any such actions, suits or proceedings. The Company shall reimburse Licensor for reasonable out-of-pocket costs and
expenses actually incurred by Licensor in connection with the initiation and prosecution of any such action, suit and proceeding, provided that all such costs and expenses were preapproved by the Company in writing prior to Licensor incurring such
costs and expenses. Licensor shall provide any and all documentation requested by the Company in connection with any reimbursable costs and expenses incurred. The Company shall determine the reasonableness of the expenses incurred in its sole
discretion. 

 7.3 If Licensor fails to initiate proceedings to prevent, or otherwise respond to any such
violation of Licensor Technology within six (6) months of learning of such violation or receipt of written notice of such violation from the Company, the Company shall have the right upon written notice to Licensor to initiate and/or prosecute,
at Licensor’s expense, such actions, suits or proceedings as the Company may deem necessary or appropriate to prevent or terminate such infringement or to recover damages in respect thereof. The Company shall keep any recovery or damages for
infringement derived from any such actions, suits or proceedings. 
 7.4 Licensor shall, at the request of the Company and at
Licensor’s expense, render all reasonable assistance, including without limitation joining in as a party, providing testimony and all information and documents in its possession, custody and/or control and any witnesses, as is or may be
required in the conduct of any actions, suits or proceedings referred to in this Section 7. 
 7.5 Notwithstanding anything
contained in this Agreement, under no circumstances shall Licensor enter into any settlement or agreement or make any admissions that would affect the rights of the Company with respect to any Technology without first obtaining the written consent
of the Company. 
 8. BANKRUPTCY 

The parties hereto agree that the rights to the Technology licensed by Licensor to the Company under this Agreement constitute
“intellectual property” as defined in Section 101 (35A) of the United States Bankruptcy Code and that this Agreement shall be governed by Section 365(n) of the United States Bankruptcy Code, as applicable, in the event
Licensor voluntarily or involuntarily becomes subject to the protection of the United States Bankruptcy Code and Licensor or the trustee in bankruptcy rejects this Agreement under the United States Bankruptcy Code (“Triggering Event”).
Upon the occurrence of a Triggering Event, the Company shall have the right to: (a) treat this Agreement as terminated; or (b) retain the Company’s rights under this Agreement, specifically including, without limitation, the right to
exercise its rights granted herein to the Technology. Failure by the Company to assert its right to retain its benefits to the intellectual property embodied in the Technology pursuant to Section 365(n) shall not be construed by the courts as a
termination of such contract by the Company under Section 365(n). Any attempted assignment of this Agreement by Licensor or the trustee in bankruptcy to any Person shall be subject to such Person providing “adequate assurance of future
performance” (as referenced in Section 365(f) of the United States Bankruptcy Code) to the Company. 
 9. GENERAL 

9.1 Governing Law. This Agreement is made pursuant to and shall be governed by and construed in accordance with the laws of the State of
Florida, without regard to the conflict of laws principles thereof. The venue for any suit or proceeding brought as a result of this Agreement shall be the appropriate federal or state court in Orange County, Florida. 

9.2 Notices. Any notice required or permitted to be given by either party hereto shall be given in accordance with the notice
provision(s) set forth in the Operating Agreement. 
 9.3 Assignment. Subject to Section 2.1 herein, neither this Agreement
nor the license granted or the parties’ respective obligations hereunder may be assigned, delegated, sold or transferred by either party hereto, in whole or in part, without the prior written consent of the other party (any attempt to do so
shall be void), which shall not be unreasonably withheld. Licensor further agrees that Licensor’s right, title and interest in and to the Licensor Technology may be not be assigned, delegated, sold or transferred by Licensor, in whole or in
part, without the prior written consent of the Company. 

 9.4 Survival. The terms and conditions set forth in Sections 3, 5, 6 and 7 shall survive any
termination of this Agreement. 
 9.5 Miscellaneous. This Agreement constitutes the entire agreement between the parties hereto
concerning the subject matter hereof and supersedes all prior negotiations, understandings, undertakings or agreements (whether oral or written) between the parties. This Agreement shall be binding upon and inure to the benefit of the parties hereto
and their respective transferees, successors and permitted assigns. The waiver or failure of a party hereto to require performance of any provision of this Agreement shall not be construed as a waiver of that party’s right to insist on
performance of that same provision, or any other provision, at some other time. Any amendment or modification of this Agreement, or any waiver of its terms, in order to be binding, must be written and signed by both Licensor and the Company. If any
provision of this Agreement shall be deemed invalid or unenforceable, in whole or in part, or as applied to any circumstance, then such provision shall be deemed to be modified or restricted to the extent and in the manner necessary to render the
same valid and enforceable, or shall be deemed excised from this Agreement, as the case may require, and this Agreement shall then be construed and enforced to the maximum extent permitted by law. This Agreement may be executed in counterparts, each
of which shall be deemed an original, but which together shall constitute one and the same agreement, but no counterpart shall be binding unless an identical counterpart shall have been executed and delivered by each of the other parties hereto.

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

  

									
	SENCER INC.	 		 	GREENCELL, INCORPORATED.
					
	By:	 	/s/ David D. Burt	 		 	By:	 	/s/ Dan Valladao
	Name:	 	David D. Burt	 		 	Name:	 	Dan Valladao
	Title:	 	President	 		 	Title:	 	CEO

 501923871.5, General Automotive - Technology
License Agt

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