Document:

EX-10.18

 Exhibit 10.18 

Mohawk Group Holdings, Inc. 

2019 Equity Plan 
  

 
 Notice of Grant
of Restricted Shares 
  
  

Mohawk Group Holdings, Inc. (“Company”), pursuant to its 2019 Equity Plan (“Plan”), hereby
awards you Restricted Shares as set forth below. These Restricted Shares reflect [NUMBER] out of a total of 9,461,538 Shares issued under the Company’s transaction bonus program. 

 

			
	Participant Name:	  	[Name]
		
	Grant Date:	  	March 20, 2019
		
	Number of Restricted Shares Awarded:	  	[NUMBER]; provided, however, that (1) in the event any other individual forfeits Shares granted to him or her under the Plan or in the event that, upon an Initial Public Offering or Sale of the Company, there are unallocated
Shares under the Plan, and (2) the Participant has not experienced a termination of his or her Continuous Service, the Number of Restricted Shares Awarded shall be immediately increased by the Participant’s
pro-rata portion of such forfeited or unallocated Shares (rounded down to the nearest whole share), determined as a percentage equal to the Number of Restricted Shares Awarded divided by the total Shares
granted under the Plan net of the forfeited or unallocated Shares (such increase in Shares, the “Reallocated Shares”).
		
	Vesting Schedule:	  	 Initial Public Offering
  

25% of the Restricted Shares shall vest on each of the first four six-month anniversaries of an Initial Public Offering
(i.e., at month 6, 12, 18, and 24).
  
 In the event of the Participant’s
Involuntary Termination prior to an Initial Public Offering, the Restricted Shares shall vest on occurrence of the Initial Public Offering.
  

In the event of the Participant’s Involuntary Termination on or after an Initial Public Offering, 100% of the Restricted Shares shall vest on the date of
such Involuntary Termination.
  
 For the avoidance of doubt, Reallocated Shares shall
vest proportionally in accordance with the remaining vesting schedule.
  
 Sale of
the Company
  
 100% of the Restricted Shares shall vest immediately prior to, but
contingent on, the closing of the Sale of the Company that occurs prior to an Initial Public Offering.

			
		  	In the event of the Participant’s Involuntary Termination prior to a Sale of the Company that occurs prior to an Initial Public Offering, 100% of the Restricted Shares shall vest on the closing of the Sale of the
Company.
		
	Purchase Price per Share (if applicable):	  	Not applicable
		
	§ 83(b) Elections	  	Not Allowed/Not Permitted

 This award of Restricted Shares is subject to all terms and conditions set forth herein and in the Restricted
Share Award Agreement (Attachment I), the Plan (Attachment II), and Designation of Death Beneficiary (Attachment III), all of which are incorporated herein in their entirety. Capitalized terms not explicitly defined herein are defined in the Plan.
If this Notice of Grant of Restricted Shares or Restricted Share Award Agreement conflict with the Plan, the Plan will control. 
  

							
		 		 	PARTICIPANT:
				
	      
	 		 		 	      

	(Date)	 		 		 	(Signature)
				
		 		 		 	  

		 		 		 	Name (Please Print)

 [Signature Page (Restricted Share Notice of Grant)] 

 Mohawk Group Holdings, Inc. 

2019 Equity Plan 
  

 
 Restricted
Share Award Agreement 
  
  

By this Restricted Share Award Agreement (“Award Agreement”), Mohawk Group Holdings, Inc.
(“Company”) has granted you (the Participant) an award of Restricted Shares (“Award”) under its 2019 Equity Plan (“Plan”), as set forth in the attached Notice of Grant of
Restricted Shares (“Grant Notice”). Capitalized terms not explicitly defined herein are defined in the Plan. 
 1.
VESTING. Your Award will vest as provided in your Grant Notice. 
 2. TERMINATION OF
CONTINUOUS SERVICE OTHER THAN INVOLUNTARY TERMINATION. Subject to the terms of any employment agreement between you and the Company and/or
its subsidiaries then in effect (“Employment Agreement”), this Award shall be canceled and become automatically null and void (and you will forfeit all rights to and regarding any unvested Restricted Shares) immediately after
termination of your Continuous Service for any reason other than an Involuntary Termination, but only to the extent Restricted Shares have not vested on or prior to the time your Continuous Service ends. 

3. INVOLUNTARY TERMINATION. Notwithstanding the foregoing or any contrary provision herein, this Award
shall be canceled and become automatically null and void (and you will forfeit all rights to and regarding all Shares covered by this Award or return to the Company any proceeds realized or recognized from this Award) on the 60th day following the
termination of your Continuous Service due to an Involuntary Termination if you have not, following the termination of your Continuous Service, executed the Company’s standard form of general release of all claims or if such executed release
has not become fully and irrevocably effective. In the event of any such cancellation under this Paragraph 3, you will immediately repay to the Company any amounts paid to you in connection with the Award, or any amounts you received, recognized, or
realized, attributable to the Award, in either case, on or after the date of the termination of your Continuous Service. 
 4. GENERAL
TERMINATION. This Award shall be canceled and become automatically null and void (and you will forfeit all rights to the Restricted Shares on March 20, 2022 if, prior to that date, an Initial Public Offering or
Sale of the Company has not yet occurred. 
 5. VOTING RIGHTS. As the owner of record of any Restricted
Shares you qualify to receive pursuant to this Award Agreement, you will be entitled to vote such Restricted Shares, provided you hold them on the particular record date for determining stockholders of record entitled to vote. 

6. DIVIDEND RIGHTS. You shall receive any dividends declared in respect of the Restricted Shares between
the Grant Date and the date you are issued unrestricted Shares at the same time 

 
as dividends are paid on the Company’s Common Stock. To the extent you forfeit Restricted Shares, you will forfeit all cash and Share-based dividends attributable to such forfeited
Restricted Shares that are declared after the date of forfeiture. 
 7. SETTLEMENT THROUGH ISSUANCE
OF UNRESTRICTED SHARES. No unrestricted Shares will be issued before you complete the requirements that are necessary for you to vest in your Restricted Shares. The Company will issue
to you or your duly-authorized transferee, free from vesting restrictions (but subject to such legends as the Company determines to be appropriate), one unrestricted Share for each vested Restricted Share, as soon as practicable after the date on
which your Restricted Shares vest in whole or in part. Certificates, if Shares are certificated, shall not be delivered to you unless and until all applicable conditions of this Award have been satisfied, including all employment and tax-withholding obligations. 
 8. DESIGNATION OF
BENEFICIARY. Notwithstanding anything to the contrary contained herein or in the Plan, following the execution of this Award Agreement, you may expressly designate a death beneficiary (the
“Beneficiary”) to your interest, if any, in this Award and any underlying Shares. You shall designate the Beneficiary by completing and executing a designation of beneficiary agreement substantially in the form attached to
your Grant Notice as Attachment IV (the “Designation of Death Beneficiary”) and delivering an executed copy of the Designation of Death Beneficiary to the Company. To the extent you do not duly designate a beneficiary who
survives you, your estate will automatically be your beneficiary. 
 9. INVESTMENT PURPOSES. By
executing this Award, you represent and warrant to the Company that any Restricted Shares issued to you will be for investment for your own account and not with a view to, for resale in connection with, or with an intent of participating directly or
indirectly in, any distribution of such Shares within the meaning of the Securities Act of 1933, as amended. 
 10. SECURITIES
LAW RESTRICTIONS. Regardless of whether the offering and sale of Shares under the Plan have been registered under the Exchange Act, or have been registered or qualified under the securities laws of
any state, the Company at its discretion may impose restrictions upon the sale, pledge or other transfer of such Shares (including the placement of appropriate legends on stock certificates or the imposition of stop-transfer instructions) if, in the
judgment of the Company, such restrictions are necessary or desirable in order to achieve compliance with the Exchange Act or the securities laws of any state or any other law or to enforce the intent of this Award. 

11. TRANSFERABILITY. Except as otherwise provided in Section 8 of the Plan, your Award is not transferable. 

12. NOT A CONTRACT OF EMPLOYMENT. By executing this Award
Agreement you acknowledge and agree that (i) nothing in this Award Agreement or the Plan confers on you any right to continue an employment, service or consulting relationship with the Company, nor shall it affect in any way your right or the
Company’s right to terminate your employment, service, or consulting relationship at any time, with or without Cause; and (ii) the Company would not have granted this Award to you but for these acknowledgements and agreements. 

 13. HEADINGS. Section and other headings contained in this Award
Agreement are for reference purposes only and are not intended to describe, interpret, define or limit the scope or intent of this Award Agreement or any provision hereof. 

14. SEVERABILITY. Every provision of this Award Agreement and of the Plan is intended to be severable. If any term hereof
is illegal or invalid for any reason, such illegality or invalidity shall not affect the validity or legality of the remaining terms of this Award Agreement. 

15. COUNTERPARTS. This Award Agreement may be executed by the parties hereto in separate counterparts, each of which when
so executed and delivered shall be an original, but all such counterparts shall together constitute one and the same instrument. 
 16.
BINDING EFFECT. Except as otherwise provided in this Award Agreement or in the Plan, every covenant, term, and provision of this Award Agreement shall be binding upon and inure to the benefit of
the parties hereto and their respective heirs, legatees, legal representatives, successors, transferees, and assigns.  
 17.
MODIFICATIONS. This Award Agreement may be modified or amended at any time, in accordance with Section 14 of the Plan. 

18. TAX CONSEQUENCES. Section 7 of the Plan is hereby incorporated herein by reference. You hereby agree that the
Company does not have a duty to design or administer the Plan or its other compensation programs in a manner that minimizes your tax liabilities. In the event that either you or the Company believe that, or subsequently begins to believe that, this
Award will result in the imposition of excise taxation under Code Section 409A, you and the Company agree to take such action, including amending the terms of this Award, so as to not result in the imposition of such excise taxation or, if such
excise taxation cannot be avoided, to minimize such excise taxation. You hereby agree that you will not file a Section 83(b) election in respect of this Award, and, if you do so, the Award shall be immediately forfeited to the Company for no
consideration. 
 19. NOTICES. 

(a) All notices required or permitted under your Award or the Plan shall be in writing (including electronically) and shall be deemed
effectively given: (i) upon personal delivery to the party to be notified, (ii) when sent by confirmed facsimile if sent during normal business hours of the recipient, and if not during normal business hours of the recipient, then on the
next business day, (iii) five calendar days after having been sent by registered or certified mail, return receipt requested, postage prepaid, or (iv) one business day after deposit with a nationally recognized overnight courier,
specifying next day delivery, with written verification of receipt. All communications shall be sent to the other party hereto at such party’s address hereinafter set forth on the signature page hereof, addressed to you at the last address you
provided to the Company, or at such other address as such party may designate by ten days advance written notice to the other party hereto. 

(b) The Company may, in its sole discretion, decide to deliver any documents related to participation in the Plan and this Award by electronic
means or to request your consent to participate in the Plan by electronic means. By accepting this Award, you consent to receive 

 
such documents by electronic delivery and to participate in the Plan through an on-line or electronic system established and maintained by the Company or
another third party designated by the Company. 
 20. GOVERNING PLAN DOCUMENT. Your Award is subject to
all Plan provisions, the provisions of which are hereby made a part of your Award, and is further subject to all interpretations, amendments, rules and regulations, which may from time to time be promulgated and adopted pursuant to the Plan. In the
event of a conflict between the provisions of this Award Agreement and those of the Plan, the provisions of the Plan shall control. 
 21.
CONSENT FOR DATA TRANSFER. Section 17(c) of the Plan is hereby incorporated by reference. 

22. WAIVER OF STATUTORY INFORMATION RIGHTS. You understand
and agree that, but for the waiver made herein, you would be entitled, upon written demand under oath stating the purpose thereof, to inspect for any proper purpose, and to make copies and extracts from, the Company’s stock ledger, a list of
its stockholders, and its other books and records, and the books and records of subsidiaries of the Company, if any, under the circumstances and in the manner provided in Section 220 of the General Corporation Law of Delaware (any and all such
rights, and any and all such other rights you may have as may be provided for in Section 220, the “Inspection Rights”). In light of the foregoing, until the date of an initial public offering, you hereby unconditionally
and irrevocably waive the Inspection Rights, whether such Inspection Rights would be exercised or pursued directly or indirectly pursuant to Section 220 or otherwise, and covenant and agree never to directly or indirectly commence, voluntarily
aid in any way, prosecute, assign, transfer, or cause to be commenced any claim, action, cause of action, or other proceeding to pursue or exercise the Inspection Rights. The foregoing waiver shall not affect any rights of a director, in his or her
capacity as such, under Section 220. The foregoing waiver shall not apply to any contractual inspection rights that you may have under any other written agreement between you and the Company. 

23. GOVERNING LAW. The laws of the State of Delaware shall govern the validity of this Award Agreement,
the construction of its terms, and the interpretation of the rights and duties of the parties hereto.  
 24. TRANSACTION
BONUS PLAN. By accepting this Award, you hereby forfeit all rights and entitlements you have, or may have in the future, to receive payment under the Mohawk Group, Inc. Transaction Bonus Plan. Any
award granted to you under the Mohawk Group, Inc. Transaction Bonus Plan, and any award agreement issued to you thereunder, is hereby without force or effect as if such award never was issued and such award agreement never was executed. 

[Participant’s signature page follows] 

							
		 		 	PARTICIPANT:
				
	      
	 		 		 	      

	(Date)	 		 		 	(Signature)
				
		 		 		 	  

		 		 		 	Name (Please Print)

 [Signature Page (Restricted Share Award Agreement)]EX-10.19

 Exhibit 10.19 

RESTATED VOTING AGREEMENT 

This RESTATED VOTING AGREEMENT (this “Agreement”) is entered into as of March 13, 2019, by and among MV II, LLC,
Maximus Yaney, an individual, and Larisa Storozhenko, an individual (each, a “Stockholder” and, collectively, the “Stockholders”), Mohawk Group Holdings, Inc. (the “Company”),
and, solely with respect to Section 5.6 of this Agreement, Asher Delug, an individual. 
 RECITALS 

A. Each Stockholder holds or may otherwise be able to exercise voting or dispositive authority with respect to shares of outstanding capital
stock of the Company. 
 B. The Company anticipates filing a registration statement on Form S-1 with
the Securities and Exchange Commission (the “SEC”) with respect to the registration of certain shares of Common Stock of the Company for sale (the “Registration Statement”). 

C. In connection with the filing of the Registration Statement with the SEC, the Company and the Stockholders desire to enter into this
Agreement, which provides, among other things, that the Board of Directors of the Company (the “Board”) shall have the right to vote, and provide a consent with respect to, the Shares (as defined below), in the manner set
forth herein until the termination of this Agreement in accordance with Article IV (the “Proxy Term”) in respect of any matter submitted to the stockholders of the Company for approval. For purposes of this Agreement,
“Shares” mean, as of any time, all of the shares of capital stock of the Company that the Stockholders hold or as to which the Stockholders otherwise exercise voting or dispositive authority, including all such shares of
capital stock of the Company referred to in this sentence and any shares of capital stock of the Company issued with respect to, upon conversion of, or in exchange or substitution of such shares of capital stock of the Company and any shares of
capital stock of the Company issued pursuant to, or in connection with, a recapitalization, stock split, stock dividend or other transaction of the Company’s securities. 

D. The Company, the Stockholders and Asher Delug, an individual, are parties to that certain Voting Agreement, entered into as of
November 1, 2018 (the “Prior Agreement”), and wish to amend and restate the Prior Agreement in its entirety as set forth herein. 

AGREEMENT 
 NOW,
THEREFORE, in consideration of the foregoing and the mutual promises, representations, warranties, covenants and agreements contained herein, the parties hereto, intending to be legally bound, hereby agree as follows: 

ARTICLE I 
 VOTING

 Section 1.1 Voting Arrangements. Each Stockholder hereby agrees that the Proxyholder (as defined below) shall have the
right to vote all of such Stockholder’s Shares, whether at a meeting of stockholders or through the solicitation of a written consent of stockholders (whether of any individual class of stock or of multiple classes of stock voting together), in
respect of any matter submitted to the stockholders of the Company for approval or 

 
consent for a vote or consent, as the case may be, as follows: (a) in the case of a vote, all of such Stockholder’s Shares shall be voted (in person or by proxy) in the same proportion
that the shares of capital stock of the Company that are not subject to this Agreement are actually and validly voted, and (b) in the case of a solicitation of a written consent of stockholders, if a majority of the shares of capital stock of
the Company that are not subject to this Agreement actually and validly provide a written consent, then the Proxyholder shall provide a written consent, in each case approving the relevant matter(s). 

Section 1.2 Definition of Proxyholder. The “Proxyholder” shall mean the Board acting by the approval of a
majority of its members with respect to the Shares in accordance with the terms hereof, whether at a meeting of stockholders or through the solicitation of a written consent of stockholders (whether of any individual class of stock or of multiple
classes of stock voting together). 
 Section 1.3 Grant of Irrevocable Proxy. To secure each Stockholder’s obligation to
vote the Shares in accordance with this Agreement, such Stockholder hereby appoints the Proxyholder with (subject to the last sentence of this Section 1.3) full power of substitution and re-substitution,
during and for the Proxy Term as such Stockholder’s sole, exclusive, true and lawful attorney in fact and irrevocable proxy, for and in such Stockholder’s name, place and stead, to vote such Stockholder’s Shares as such
Stockholder’s proxy, at any annual, special or other meeting of the stockholders of the Company called to vote on any matter, and at any adjournment or postponement thereof, and in connection with any action of the stockholders of the Company
taken by written consent (including electronic written consent) in respect of any matter. During and for the Proxy Term, the proxy and power granted by Stockholder pursuant to this Article I are coupled with an interest and are given to
secure the performance of the applicable Stockholder’s duties under this Agreement. The Proxyholder shall, promptly upon any exercise of the proxy granted hereby, provide each Stockholder with copies of all documents related to or executed in
connection with such exercise by the Proxyholder. The Proxyholder may not be changed to any Stockholder, any Affiliate of any Stockholder or any other individual or party that has a direct or indirect familial relationship with any Stockholder
(each, a “Related Party”). Larisa Storozhenko shall be deemed a Related Party. In addition, the Proxyholder may not be changed unless the Company receives the prior approval of The Nasdaq Stock Market, LLC. 

ARTICLE II 
 ADDITIONAL
AGREEMENTS 
 Section 2.1 Stock Splits, Dividends, Etc. In the event of any issuance of shares of the Company’s voting
securities hereafter to a Stockholder (including, without limitation, in connection with any stock split, stock dividend, recapitalization, reorganization, or the like), in relation to such Stockholder’s Shares, such additional shares shall
automatically become subject to this Agreement. 
 Section 2.2 Specific Enforcement. It is agreed and understood that monetary
damages would not adequately compensate an injured party for the breach of this Agreement by any party, that this Agreement shall be specifically enforceable, and that any breach or threatened breach of this Agreement shall be the proper subject of
a temporary or permanent injunction or restraining order. Further, each party hereto waives any claim or defense that there is an adequate remedy at law for such breach or threatened breach. 

  
 2 

 Section 2.3 Proxyholder Liability. In voting or providing the consent with
respect to the Shares in accordance with Section 1.1, the Proxyholder shall not be liable for any error of judgment nor for any act done or omitted, nor for any mistake of fact or law nor for anything which the Proxyholder
may do or refrain from doing in good faith, nor shall the Proxyholder have any accountability hereunder, except for the Proxyholder’s own negligence, bad faith or willful misconduct. 

Section 2.4 Standstill. Each Stockholder agrees not to purchase or otherwise acquire any shares of capital stock or other equity
securities of the Company, or any interest in any of the foregoing; provided that this Section 2.4 shall not limit or prohibit the Transfer (as defined below) of Shares between or among Stockholders. 

ARTICLE III 
 TRANSFER OF
SHARES 
 Section 3.1 Affiliate. “Affiliate” for the purposes of this Agreement shall mean a legal
entity that directly, or indirectly through one or more intermediaries, controls or is controlled by, or is under common control with, the person or entity specified. 

Section 3.2 Transfer. “Transfer”, for the purposes of this Agreement shall be deemed to have occurred if a
Stockholder (a) sells, pledges, encumbers, hypothecates, assigns, grants an option with respect to, transfers or disposes of any of such Stockholder’s Shares or any interest in such Shares to any person or entity, whether an Affiliate or
otherwise, or (b) enters into an agreement or commitment providing for the sale of, pledge of, encumbrance of, hypothecation of, assignment of, grant of an option with respect to, transfer of or disposition of such Shares or any interest
therein to any person or entity, whether an Affiliate or otherwise. 
 Section 3.3 Transfer Restrictions. Except as otherwise
provided for herein, no Stockholder shall cause or permit any Transfer of any of such Stockholder’s Shares to a Related Party or enter into any agreement, option or arrangement with respect to a Transfer to a Related Party unless as a
precondition to such Transfer, the transferee agrees in a writing delivered to the Company (in a form reasonable acceptable to the Company) to be bound by all of the terms of this Agreement with respect to the Shares and, if requested by the
Company, such transferee executes and delivers to the Company a joinder agreement in a form provided by the Company with respect to such agreement. 

Section 3.4 Transfer of Voting Rights. No Stockholder shall deposit (or permit the deposit of) any of such Stockholder’s
Shares in a voting trust or grant any proxy or enter into any voting agreement or similar agreement in contravention of the obligations of such Stockholder under this Agreement. 

ARTICLE IV 

EFFECTIVENESS; TERMINATION 

Section 4.1 Effectiveness. This Agreement shall become effective contingent upon, and effective as of the, declaration of the
effectiveness of the Registration Statement by the SEC, 

  
 3 

 
provided that the Registration Statement is declared effective by the SEC on or before March 31, 2020. In the event the Registration Statement is withdrawn by the Company prior to
effectiveness or is otherwise not declared effective by the SEC on or before March 31, 2020, this Agreement shall terminate in its entirety, and neither the Company nor any Stockholder shall have any further rights or obligations hereunder,
upon the earlier of such date of withdrawal or April 1, 2020, as applicable. 
 Section 4.2 Termination. Contingent upon
the effectiveness of this Agreement, this Agreement shall terminate in its entirety, and none of the Company, any Stockholder or the Proxyholder shall have any further rights or obligations hereunder, upon the earlier to occur of: (a) a Deemed
Liquidation Event unless, immediately upon such Deemed Liquidation Event, the Company’s common stock is and remains listed on The Nasdaq Stock Market LLC; or (b) the death of Maximus Yaney. Further, effective as of the consummation of a
sale of shares of capital stock of the Company by a Stockholder in an arm’s length transaction to a third party that is not a Related Party (the “Third Party Shares”), this Agreement shall terminate in its entirety with
respect to such Third Party Shares, and none of the Company, any Stockholder, the Proxyholder or such third party shall have any further rights or obligations under this Agreement with respect to such Third Party Shares, including without
limitation, the voting agreements and proxies provided for in Article I of this Agreement, which shall immediately cease and be of no further force or effect with respect to such Third Party Shares. For purposes of this Agreement, a
“Deemed Liquidation Event” shall mean (i) the acquisition of the Company by another entity by means of any transaction or series of related transactions to which the Company is party (including, without limitation, any
stock acquisition, reorganization, merger or consolidation but excluding any sale of stock for capital raising purposes) other than a transaction or series of transactions in which the holders of the voting securities of the Company outstanding
immediately prior to such transaction or series of transactions retain, immediately after such transaction or series of transactions, as a result of shares in the Company held by such holders prior to such transaction or series of transactions, a
majority of the total voting power represented by the outstanding voting securities of the Company or such other surviving or resulting entity (or if the Company or such other surviving or resulting entity is a wholly-owned subsidiary immediately
following such acquisition, its parent); (ii) a sale, lease or other disposition of all or substantially all of the assets of the Company and its subsidiaries taken as a whole by means of any transaction or series of related transactions,
except where such sale, lease or other disposition is to a wholly-owned subsidiary of the Company; or (iii) any liquidation, dissolution or winding up of the Company, whether voluntary or involuntary; provided that a Deemed Liquidation
Event shall not include any transaction effected primarily to raise capital for the Company or a spin-off or similar divestiture of the Company’s product or SaaS business as part of a Board-approved
reorganization of the Company. For the avoidance of doubt, the obligations set forth in this Agreement shall terminate with respect to shares of capital stock sold by a Stockholder in connection with any arm’s length transaction to a third
party that is not a Related Party. 
 ARTICLE V 

MISCELLANEOUS 

Section 5.1 No Ownership Interest. Except as expressly provided in this Agreement, any direct or indirect ownership or incidence
of ownership of or with respect to any of the Shares held by Stockholder, and all rights, ownership and economic benefits of and relating to such Shares shall remain vested in and belong to the Stockholder. 

  
 4 

 Section 5.2 Legend. Each certificate representing any of the Shares shall be
marked by the Company with a legend reading as follows, or a legend substantially equivalent thereto: 
 “THE SHARES EVIDENCED HEREBY
ARE SUBJECT TO A VOTING AGREEMENT (A COPY OF WHICH MAY BE OBTAINED FROM THE HOLDER OF THE SHARES) AND BY ACCEPTING ANY INTEREST IN SUCH SHARES THE PERSON HOLDING SUCH INTEREST SHALL BE DEEMED TO AGREE TO AND SHALL BECOME BOUND BY ALL THE PROVISIONS
OF SAID VOTING AGREEMENT.” 
 Section 5.3 Interpretation. The words “hereof,” “herein” and
“hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement, and Section references are to this Agreement unless otherwise specified.
Whenever the words “include,” “includes” or “including” are used in this Agreement, they shall be deemed to be followed by the words “without limitation.” No provision of this Agreement shall be construed to
require any Stockholder or the Company or any of their respective subsidiaries or Affiliates to take any action that would violate any applicable law. 

Section 5.4 Severability. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by
any applicable law or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any
manner materially adverse to any party. 
 Section 5.5 Amendments and Waivers. Any term hereof may be amended and the observance
of any term hereof may be waived (either generally or in a particular instance and either retroactively or prospectively) only with the written consent of each Stockholder and the Company. Any amendment or waiver so affected shall be binding upon
each of the parties hereto. 
 Section 5.6 Entire Agreement. This Agreement constitutes the entire agreement of the parties and
supersedes all prior agreements and undertakings, both written and oral, between the parties, or any of them, with respect to the subject matter hereof. By executing this Agreement, the parties hereto hereby acknowledge and agree that that certain
Voting Agreement, entered into as of November 1, 2018, by and among the Stockholders, the Company and Asher Delug, an individual (the “Prior Agreement”), is hereby amended and restated in its entirety by this Agreement
and that, upon execution of this Agreement by each of the parties hereto, the Prior Agreement shall be terminated and of no further force or effect. 

Section 5.7 Parties in Interest. This Agreement shall be binding upon and inure solely to the benefit of each party hereto and
their respective successors and assigns, and nothing in this Agreement, express or implied, is intended to or shall confer upon any other person any right, benefit or remedy of any nature whatsoever under or by reason of this Agreement. The rights,
interests or obligations of the Proxyholder in respect of a Stockholder’s shares may not be assigned, in whole or in part, by operation of law or otherwise by the Proxyholder without the prior written consent of such Stockholder. 

  
 5 

 Section 5.8 Governing Law. This Agreement and the transactions contemplated
hereby, and all disputes between the parties under or related to the Agreement or the facts and circumstances leading to its execution, whether in contract, tort or otherwise, shall be governed by and construed in accordance with the laws of the
State of Delaware, without regard to the application of Delaware principles of conflicts of laws. 
 Section 5.9 Counterparts.
This Agreement may be executed in two or more counterparts, including counterparts delivered by email, facsimile or similar electronic means, each of which when executed shall be deemed to be an original but all of which taken together shall
constitute one and the same agreement. 
 [Remainder of Page Intentionally Left Blank.] 

  
 6 

 IN WITNESS WHEREOF, the Stockholders and the Company have caused this Restated Voting
Agreement to be duly executed as of the day and year first above written. 
  

			
	THE COMPANY:
	
	MOHAWK GROUP HOLDINGS, INC.
		
	By:	 	 /s/ Yaniv Sarig

	Name: Yaniv Sarig
	Its: CEO

  

			
	MV II, LLC
		
	By:	 	 /s/ Lucile Yaney 

	Name: Lucile Yaney
	Its: Manager

  

			
	
	 /s/ Larisa Storozhenko 

	Larisa Storozhenko

  

			
	
	 /s/ Maximus Yaney 

	Maximus Yaney

  

			
	ASHER DELUG (Solely for purposes of Section 5.6 with respect to terminating the Prior Agreement):
	
	 /s/ Asher Delug 

	Asher Delug

 [SIGNATURE PAGE TO RESTATED VOTING AGREEMENT]

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