Document:

Exhibit 10.2

 

EMPLOYMENT AGREEMENT

 

This Employment Agreement (the “Agreement”)
is entered into and effective as of September 16, 2019 (the “Effective Date”), by and between EVO Transportation
& Energy Services, Inc. (the “Company”) and Michael Ritter (“Executive”).

 

1. Duties and Scope of Employment.

 

(a) Positions and Duties. During the
Employment Term (as defined below), Executive will be employed as the Senior Vice President of Operations of the Company. Executive’s
authority, duties, and responsibilities will correspond to Executive’s position and will include any particular authority,
duties, and responsibilities consistent with the Executive’s position that the Company may assign to Executive from time
to time.

 

(b) Obligations. During the Employment
Term, Executive is required to faithfully and conscientiously perform his assigned duties and to diligently observe all of his
obligations to the Company. Executive agrees to devote his full business time and efforts, energy and skill to his employment at
the Company, and Executive agrees to apply all his skill and experience to the performance of his duties and advancing the Company’s
interests. The foregoing shall not preclude Executive from (i) engaging in civic, charitable or religious activities (including
serving as a director, trustee or officer) or, with the prior written consent of the Company, from serving on the boards of directors
of other companies or (ii) engaging in investments, including but not limited to real estate investments and acting as the general
partner or manager thereof, as long as such activities do not interfere or conflict with Executive’s responsibilities to
or his abilities to perform his duties hereunder. During the Employment Term, Executive may not perform services as an employee
or consultant of any other competitive organization and Executive will not assist any other person or organization in competing
with the Company or in preparing to engage in competition with the business or proposed business of the Company. Executive shall
comply with and be bound by Company’s operating policies, procedures, and practices from time to time in effect during his
employment that apply to all executive-level employees of the Company. By signing this Agreement, Executive confirms to the Company
that he has no contractual commitments or other legal obligations that would prohibit him from performing his duties for the Company.

 

(c) Employment Term. The term of this
Agreement shall be four (4) years commencing on the Effective Date, unless terminated earlier pursuant to the terms herein (the
“Initial Term”). Unless earlier terminated pursuant to the terms herein, the Initial Term shall be automatically
renewed for consecutive additional one-year terms (each, a “Renewal Term”) upon the expiration of the
Initial Term or any Renewal Term unless the Company or Executive delivers to the other at least 90 days prior to the expiration
of the Initial Term or the then-current Renewal Term, as the case may be, a written notice specifying that the term of Executive’s
employment will not be renewed at the end of the Initial Term or the then-current Renewal Term, as the case may be. Like the Initial
Term, the then-current Renewal Term is subject to earlier termination pursuant to the terms herein. The Executive’s period
of employment hereunder is referred herein as the “Employment Term,” whether the Initial Term, the then-current
Renewal Term, or the shorter period through the date of an earlier termination thereof as provided elsewhere herein. The notice
of non-renewal given by the Company is referred to herein as the “Company’s Non-Renewal.” The notice
of non-renewal given by Executive is referred to herein as the Executive’s Non-Renewal.”

 

     

     

    

 

(d) Place of Performance. Executive
will report to the principal office of Ritter Transportation Systems, Inc., Ritter Transport, Inc., John W. Ritter, Inc., and Johmar
Leasing Company, LLC (the “Ritter Family of Companies”), each of which is an Affiliate of the Company
which is currently located in the Laurel, MD area. Executive understands and agrees that his duties will include reasonable travel,
including but not limited to travel to offices of the Company, its Affiliates, and such other business travel as is reasonably
necessary and appropriate to the performance of Executive’s duties hereunder, subject to reimbursement of expenses pursuant
to Section 6 below; provided that Executive will not be required by the Company to travel more than five days per calendar month.

 

2. At-Will Employment. The parties
agree that Executive’s employment with the Company will be “at-will” employment and may be terminated at any
time, upon written notice, either by the Company without Cause (in any such case, “Company’s At-Will Termination”)
or by Executive without Good Reason (in any such case, “Executive’s At-Will Termination”). Executive
understands and agrees that neither his job performance for, nor promotions, commendations, bonuses or the like from, the Company
give rise to or in any way serve as the basis for modification, amendment, or extension, by implication or otherwise, of his employment
with the Company. However, as described in this Agreement, Executive may be entitled to Severance Pay (defined below) and Severance
Benefits (defined below) depending upon the circumstances of the termination of the Employment Term as set forth in Section 7(b)
below.

 

3. Compensation.

 

(a) Initial Base Salary. During the
Employment Term, the Company will pay Executive an annual base salary as compensation for his services (the “Base Salary”)
at the initial rate of $180,000. The Base Salary will be paid periodically in accordance with the Company’s normal payroll
practices. The Base Salary will be subject to review and adjustments will be made based upon the Company’s standard practices;
provided that the Base Salary shall not be decreased without Executive’s prior written consent.

 

(b) Annual Incentive Bonus. During
the Employment Term, Executive will be eligible to earn an annual incentive bonus (an “Annual Bonus”)
under the same or substantially same bonus arrangement, plan or program as in effect for other executive-level employees of the
Company from time to time and based upon the same general objective standards as are applied to the other executive-level employees
of Company, provided that Executive’s personal performance objectives shall be unique to his role as Vice President of Operations.
Consistent therewith, the Board (or a committee of the Board, if applicable) will determine Executive’s target bonus opportunity
and the criteria for earning such bonus, as well as Executive’s achievement of such criteria, and the amount of the Annual
Bonus earned and payable to Executive for such year. Any Annual Bonus that is earned and becomes payable pursuant to this Section
3(b) will be paid no later than March 15 of the calendar year immediately following the calendar year to which the Annual Bonus
relates. Executive’s Annual Bonus for calendar year 2019 shall be prorated on a weekly basis for his period of employment
in such year. Executive must remain employed by the Company through December 31 of the applicable calendar year to be eligible
to earn an Annual Bonus for such year; provided, however, that if the Employment Term ends prior to December 31 by reason of either
termination by Executive for Good Reason or by the Company’s At-Will Termination, the Annual Bonus for such partial calendar
year shall be prorated on a weekly basis for his period of employment in such year. The determinations of the Board (or a committee
thereof) with respect to the Annual Bonus will be final and binding unless there is direct evidence that the determination was
in violation of the terms and provision of this Section 3(b) or the applicable program, plan or arrangement.

 

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(c) Equity. During the Employment Term,
Executive will be eligible to receive awards of stock options pursuant to the same or substantially same stock option arrangement,
plan or program as in effect for other executive-level employees of the Company from time to time and based upon the same objective
standards as are applied to the other executive-level employees of Company. Consistent therewith, the Board (or a committee of
the Board, if applicable) will determine whether Executive will be granted any such equity awards and the terms of any such award
in accordance with the terms of the applicable program, plan or arrangement that may be in effect from time to time.

 

4. Employee Benefits. During the Employment
Term, Executive will be entitled to participate in the employee benefit plans and programs currently and hereafter maintained by
the Company of general applicability to other executive-level employees and to employees generally of the Company, subject to eligibility
requirements and the applicable terms and conditions of the subject plan or program and the determination of any committee uniformly
administering such plan or program. The Company reserves the right to cancel or change the benefit plans and programs it offers
to its employees at any time. In addition, the Company will cause Executive to be covered by a directors and officers liability
insurance policy in an amount and scope of coverage customary for the size and industry of the Company’s business (but in
no event less than $2,000,000) commencing on the date of this Agreement.

 

5. Vacation. During the Employment
Term, Executive will be entitled to paid vacation of not less than 20 days per calendar year, prorated for any partial calendar
year of employment, in accordance with the Company’s standard vacation policy (including, without limitation, its policy
on the maximum accrual, carry-over and payout), with the timing and duration of specific vacations mutually and reasonably agreed
to by Executive and the Company. In addition, Executive shall be entitled to (a) the day off on nationally recognized holidays,
(b) time off credit for work conducted on weekends, holidays and evenings, and (c) reasonable time of for personal or family illnesses
and/or appointments.

 

6. Expenses. During the Employment
Term, the Company will reimburse Executive for reasonable travel, lodging, meal, entertainment or other expenses incurred by Executive
in the furtherance of or in connection with the performance of Executive’s duties hereunder, in accordance with the Company’s
expense reimbursement policy as in effect from time to time.

 

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7. Accrued Obligations; Severance;
COBRA.

 

(a) Accrued Obligations. Upon the termination
or expiration of the Employment Term for any reason, Company shall pay to Executive the following: (i) all unpaid Base Salary through
the last day of the Employment Term; (ii) all unreimbursed expenses that otherwise are payable to Executive pursuant to Section
6 above, and (iii) all other accrued payments or benefits to which Executive is entitled and has earned under the terms of any
applicable compensation, bonus, award or similar arrangement, plan or program, subject to Section 3(b) with respect to bonus accrual
and eligibility (collectively, the “Accrued Obligations”). The Accrued Obligations shall be paid to Executive
in a lump sum in cash within thirty (30) days following the termination or expiration of the Employment Term, unless otherwise
required by law or the terms of the applicable arrangement, plan or program, in which case the same shall be paid as soon as permitted
thereunder.

 

(b) Severance. If the Employment Term
ends by reason of either termination by Executive for Good Reason or by the Company’s At-Will Termination, the Company shall
pay to Executive the greater of (as applicable, “Severance Pay”) (i) an amount equal to the product of
(A) the number of full or partial months, if any, in the period beginning on the date the Employment Term ended and ending on the
date the Initial Term would have ended, if later than the date the Employment Term actually ended, multiplied by (B) Executive’s
monthly Base Salary (as in effect immediately prior to the termination date) or (ii) an amount equal to one-half of Executive’s
annual Base Salary (as in effect immediately prior to the termination date). The Severance Pay shall be paid by the Company to
Executive in substantially equal monthly installments, without reduction or set off (other than as provided in Section 11(a) below),
in accordance with the Company’s standard payroll procedures, commencing on the 30th day following the termination or expiration
of the Employment Term, provided that the revocation period(s) set forth in the Release Agreement set forth in Section 8(a) below
have expired without revocation. If the Employment Terms ends by reason of termination by the Company for Cause, by the Company’s
Non-Renewal or Executive’s Non-Renewal of the Initial Term or any Renewal Term, by Executive’s At-Will Termination,
or due to Executive’s death or Disability, no Severance Pay will be owing or paid to Executive.

 

(c) COBRA. If the Employment Term ends
by reason of either termination by Executive for Good Reason or by the Company’s At-Will Termination, to the extent Executive
and Executive’s spouse and/or dependent children properly (and timely) elect COBRA continuation coverage under the Company’s
group health insurance plan, the Company shall pay, on Executive’s behalf, all of the premiums due for such coverage for
a period beginning on the date the Employment Term so ended and ending on the earliest to occur of (as applicable, “Severance
Benefits”) (i) the date on which Executive is no longer entitled to COBRA continuation coverage under the Company’s
group health insurance plan, (ii) the last day of the month that includes or immediately precedes the first day that Executive
is covered under another employer’s group health insurance plan or (iii) the last day of the month in which Executive receives
his final Severance Pay payment. If the Employment Term ends by reason of termination by the Company for Cause, by the Company’s
Non-Renewal or Executive’s Non-Renewal of the Initial Term or any Renewal Term, by Executive’s At-Will Termination,
or due to Executive’s death or Disability, no Severance Benefits will be owing to Executive.

 

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8. Conditions to Receipt of Severance
Pay and Severance Benefits.

 

(a) Release of Claims. The receipt
of Severance Pay and Severance Benefits will be subject to Executive signing, delivering, not revoking and complying with a general
release and waiver of claims in favor of the Company and its officers, directors and affiliates in substantially the form attached
hereto as Exhibit A.

 

(b) Compliance with Covenants. The
receipt of Severance Pay and Severance Benefits will be subject to Executive’s compliance with Sections 9(a), 9(b), 9(c)
and 9(d) of this Agreement. In the event Executive breaches any of Sections 9(a), 9(b), 9(c) or 9(d), (i) all remaining payments
of Severance Pay and/or Severance Benefits to which Executive otherwise is entitled pursuant to Section 7(b) and Section 7(c) will
immediately cease, and (ii) Executive will repay, or cause to be repaid, to the Company the full amount of any payments of Severance
Pay and Severance Benefits previously paid by the Company to Executive or on behalf of Executive pursuant to Section 7(b) and/or
Section 7(c) prior to the date of such breach.

 

9. Restrictive Covenants.

 

(a) Non-Competition. In recognition
of the consideration provided herein, and in connection with the protection of the Company’s trade secrets and customer contacts,
Executive agrees that, during the Employment Term and ending on the later to occur of (i) the twelve (12) month anniversary following
the termination or expiration of the Employment Term or (ii) the last day of the Severance Pay period as set forth in Section 7(b)
(as applicable, the “Restricted Period”), Executive shall not either directly or indirectly, whether
for consideration or otherwise: (i) engage in (except on behalf of the Company or any of its Affiliates), or compete with the Company
or any of its Affiliates in, a Competing Business anywhere in the Territory (any such entity, a “Competing Entity”);
or (ii) form or assist others in forming, be employed by, perform services for, become an officer, director, member or partner
of, or participant in, or consultant or independent contractor to, invest in or own any interest in (whether through equity or
debt securities), assist (financially or otherwise) or lend Executive’s name, counsel or assistance to, any Competing Entity;
provided that Executive’s ownership of the securities of any publicly traded entity or mutual fund without participating
in the business thereof will not be treated as a violation of this Section 9.a. if such ownership does not result in Executive’s
direct or indirect ownership of more than two percent (2%) of such securities.

 

(b) Non-Solicitation. In recognition
of the consideration provided herein, Executive agrees that, during the Restricted Period, Executive shall not either directly
or indirectly, whether for consideration or otherwise: (i) solicit or accept business from any customer of the Company for the
purpose of providing goods or services in a Competing Business or solicit or induce any customer of the Company to terminate, reduce
or alter in a manner adverse to the Company, any existing business arrangement or agreement with the Company, (ii) be employed
by any customer of the Company or (iii) solicit, hire, attempt to solicit or attempt to hire any person who is or was an employee
of the Company or any of its Affiliates at any time during the twelve (12) months prior to such solicitation or hire. The restrictions
set forth in this Section 9(b) shall not prohibit any form of general advertising or solicitation that is not directed at a specific
person or entity or does not relate to a Competing Business.

 

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(c) Non-Disclosure and Non-Use of Confidential
Information. At all times both during the Employment Term and for five (5) years thereafter (except with regard to trade secrets,
for so long as such information remains a trade secret), Executive agrees that he will not, either directly or indirectly, (i)
divulge, use, disclose (in any way or in any manner, including by posting on the Internet), reproduce, distribute, or reverse engineer
or otherwise provide Confidential Information to any person, firm, corporation, reporter, author, producer or similar person or
entity; (ii) take any action that would make available Confidential Information to the general public in any form; (iii) take any
action that uses Confidential Information to solicit any person Executive knows is a customer of the Company or prospective customer
of the Company (with whom the Company has had a substantive discussion on it becoming a customer of the Company within the immediately
preceding twelve (12) months) in violation of Section 9(b); or (iv) take any action that uses Confidential Information for solicitation
of, or marketing for, any service or product on Executive’s behalf or on behalf of any entity other than the Company or its
Affiliates with which Executive was in fact associated, except (A) those actions taken in connection with the performance of such
Executive’s duties to the Company or any of its Affiliates, (B) as required to be included in any report, statement or testimony
requested by any municipal, state or national regulatory body having jurisdiction over Executive, (C) as required in response to
any summons or subpoena or in connection with any litigation, (D) to the extent necessary in order to comply with any law, order,
regulation, ruling or governmental request applicable to Executive, (E) as required in connection with an audit by any taxing authority,
or (F) as permitted by the express written consent of the Company.

 

(i) In the event Executive is required
to disclose Confidential Information pursuant to any of the foregoing exceptions set forth in Clauses B through E of Section 9.c.
above, Executive shall promptly notify the Company of such pending disclosure and assist the Company (at the Company’s sole
expense, which will be advanced to Executive whenever reasonable to do so) in seeking a protective order or in objecting to such
request, summons or subpoena with regard to the Confidential Information. If the Company does not obtain such relief prior to the
time that Executive is required to disclose such Confidential Information, Executive may disclose that portion of the Confidential
Information (A) which counsel to Executive advises Executive that he is required to disclose or (B) which could subject Executive
to any liability, censure, penalty or prosecution. In such cases, Executive shall promptly provide the Company with a copy of the
Confidential Information so disclosed.

 

(ii) Executive is hereby notified,
pursuant to the federal Defend Trade Secrets Act of 2016 (“DTSA”), that an individual shall not be held
criminally or civilly liable under any federal or state trade secret law for the disclosure of a trade secret that is made (A)
in confidence to a federal, state, or local government official, either directly or indirectly, or to an attorney, and (B) solely
for the purpose of reporting or investigating a suspected violation of law; or (C) where the disclosure of a trade secret is made
in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal. In addition, Executive
is hereby notified under the DTSA that, if an individual files a lawsuit for retaliation by an employer for reporting a suspected
violation of law, the individual may disclose a trade secret to his or her attorney and use the trade secret information in the
court proceeding if the individual (Y) files any document containing the trade secret under seal; and (Z) does not disclose the
trade secret, except pursuant to court order.

 

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(d) Inventions and Patents; Third Party
Information. The results and proceeds of Executive’s services to the Company (whether prior to or during the Employment Term),
including, without limitation, any works of authorship related to the Company resulting from Executive’s services during
Executive’s employment with the Company and any works in progress will be works-made-for-hire. The Company will be deemed
the sole owner throughout the universe of such works-made-for-hire and any and all rights of whatsoever nature therein, whether
or not now or hereafter known, existing, contemplated, recognized or developed, with the right to use the same in perpetuity in
any manner the Company determines in its sole discretion without any further payment to Executive whatsoever. If, for any reason,
any of such results and proceeds will not legally be a work-made-for-hire or there are any rights which do not accrue to the Company
under the preceding sentence, then Executive hereby irrevocably assigns and agrees to assign to the Company any and all of Executive’s
right, title and interest thereto, including, without limitation, any and all copyrights, patents, trade secrets, trademarks and/or
other rights of whatsoever nature therein, whether or not now or hereafter known, existing, contemplated, recognized or developed.
The Company will have the right to use the same in perpetuity throughout the universe in any manner the Company determines without
any further payment to Executive whatsoever. Executive will, from time to time, as may be reasonably requested by the Company,
and at the Company’s sole expense, sign such documents and assist the Company to establish or document the Company’s
exclusive ownership of any and all rights in any such results and proceeds, including, without limitation, the execution of appropriate
copyright or patent applications or assignments. To the extent Executive has any rights in any such results and proceeds that cannot
be assigned in the manner described above, Executive unconditionally and irrevocably waives the right to enforce such unassignable
rights. This Section 9(d) is subject to, and will not be deemed to limit, restrict or constitute any waiver by the Company of,
any rights of ownership to which the Company may be entitled by operation of law by virtue of the Company being Executive’s
employer. This Agreement does not apply to an invention or other works of authorship for which no equipment, supplies, facility
or trade secret information of the Company was used and which was developed entirely on Executive’s own time, and (i) which
does not relate (A) directly to the business of the Company or (B) to the Company’s actual or demonstrably anticipated research
or development, or (ii) which does not result from any work performed by Executive for the Company hereunder. In addition, notwithstanding
the foregoing, the parties agree and acknowledge that any and all intellectual property developed by Executive prior to the Effective
Date shall be the sole property of Executive.

 

(e) Enforcement; Remedies. Executive
acknowledges that the covenants set forth in Sections 9(a), 9(b), 9(c) and 9(d) impose a reasonable restraint on Executive in light
of the business and activities of the Company and its Affiliates. Executive acknowledges that a breach of Sections 9(a), 9(b),
9(c) or 9(d) by Executive will cause serious and potentially irreparable harm to the Company and its Affiliates. Executive therefore
acknowledges that a breach of Sections 9(a), 9(b), 9(c) or 9(d) by Executive cannot be adequately compensated in an action for
damages at law, and equitable relief would be necessary to protect the Company and its Affiliates from a violation of this Agreement
and from the harm which this Agreement is intended to prevent. By reason thereof, Executive acknowledges that the Company is entitled,
in addition to any other remedies it may have under this Agreement or otherwise, to seek preliminary and permanent injunctive and
other equitable relief to prevent or curtail any breach or threatened breach of this Agreement. Executive acknowledges, however,
that no specification in this Agreement of a specific legal or equitable remedy may be construed as a waiver of or prohibition
against pursuing other legal or equitable remedies in the event of a breach of this Agreement by Executive.

 

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(f) Modification. In the event that
any provision or term of this Sections 9(a), 9(b), 9(c) or 9(d), or any word, phrase, clause, sentence or other portion thereof
(including, without limitation, the geographic and temporal restrictions and provisions contained in Sections 9(a) or 9(b)) is
held to be unenforceable or invalid for any reason, such provision or portion thereof will be modified or deleted in such a manner
as to be effective for the maximum period of time, the maximum geographical area, and otherwise to the maximum extent as to which
it may be enforceable under applicable law. Such modified restriction(s) shall be enforced by a court having jurisdiction. In the
event that such modification is not possible, because each of Executive’s obligations in Sections 9(a), 9(b), 9(c) and 9(d)
is a separate and independent covenant, any unenforceable obligation shall be severed and all remaining obligations shall be enforceable.

 

10. Definitions. For purposes of this
Agreement, the following defined terms have the following meanings:

 

(a) “Affiliate”
means, with respect to the Company, any corporation, limited liability company, partnership, business trust or organization, or
other entity directly or indirectly controlling, controlled by or under common control with the Company, where control means holding
more than 50% of both the voting interests of the entity and the authority to direct the management and policies of the entity.

 

(b) “Cause”
means any of the following: (i) Executive’s conviction of, or plea of guilty or nolo contendere to, a misdemeanor involving
dishonesty, wrongful taking of property, bribery or extortion or any felony; (ii) Executive’s continued, willful and deliberate
failure to perform substantially his responsibilities to the Company under this Agreement; (iii) Executive’s material breach
of this Agreement; (iv) Executive’s fraud, theft or material dishonesty against the Company, its Affiliates or its customers;
(v) Executive’s willful, deliberate, and material breach of the Company’s written code of conduct and business ethics
or other material written policy, procedure or guideline in effect from time to time and applicable to the Company’s employees
generally relating to personal conduct; or (vi) Executive’s willful and deliberate attempt to obstruct or willful and deliberate
failure to cooperate when with any investigation authorized by the Board or any governmental or self-regulatory entity. Any determination
of Cause by the Company shall be made by a resolution approved by a majority of the members of the Board, provided that with respect
to Sections 10(a)(ii), 10(a)(iii), 10(a)(iv), 10(a)(vi) and 10(a)(vii) and notwithstanding any other provision of this Agreement
to the contrary, Company shall not terminate the Employment Term for Cause unless (x) the Company notifies Executive in writing
of such determination within ninety (90) days following the Company’s first knowledge of the existence thereof (which notice
specifically identifies the reasons and details therefore), (y) Executive fails to remedy the same within thirty (30) days after
the date on which he received such notice (the “Remedial Period”), and (z) the Company terminates the
Employment Term for Cause within thirty (30) days after the end of the Remedial Period.

 

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(c) “Code”
means the Internal Revenue Code of 1986, as amended.

 

(d) “Competing Business”
means (i) a business that is engaged in the acquisition or operation of compressed natural gas fueling stations, (ii) a business
that is engaged in providing freight trucking services, or (iii) any other business in which the Company or any of its Affiliates
is then-currently engaged or was engaged at any time in the twelve (12) month period prior to Executive’s last day of employment
with the Company.

 

(e) “Confidential Information”
means confidential or proprietary information and/or techniques of the Company or its Affiliates entrusted to, developed by, or
made available by the Company or any of its Affiliates to Executive during the Employment Term, whether in writing, in computer
form, reduced to a tangible form in any medium, or conveyed orally, that is not generally known by others in the form in which
it is or was used by the Company or its Affiliates. Examples of Confidential Information include, without limitation: (i) sales,
sales volume, sales methods, sales proposals, business plans or statements of work; (ii) customers of the Company, prospective
customer (with whom the Company has had a substantive discussion on it becoming a customer of the Company within the immediately
preceding twelve (12) months), and customer records, including contact and preference information; (iii) costs of goods or services
charged by vendors and suppliers to the Company; (iii) prices charged to specific customers and non-public general price lists
and similar pricing information; (iv) terms of contracts with customer; (vii) non- public information and materials describing
or relating to the financial condition and affairs of the Company or its Affiliates, including but not limited to, financial statements,
budgets, projections financial and/or investment performance information, research reports, personnel matters, products, services,
operating procedures, organizational responsibilities and marketing matters, policies or procedures; (viii) non-public information
and materials describing existing or new processes, products and services of the Company or its Affiliates, including marketing
materials, analytical data and techniques, and product, service or marketing concepts under development, and the status of such
development; (ix) the business or strategic plans of the Company or its Affiliates; (x) the information technology systems, network
designs, computer program code, and application practices of the Company or its Affiliates; (xi) acquisition candidates of the
Company or its Affiliates or any studies or assessments relating thereto; and (xii) trademarks, service marks, trade secrets, trade
names and logos. In addition and notwithstanding the foregoing, Confidential Information does not include either (y) information
that, other than as a result of a breach by Executive of this Agreement, is or becomes generally known to and available for use
by the public and (z) information that is, at any time, either on the Company’s website or is in brochures, advertising and
other materials furnished or provided to customers of the Company and prospective customer (with whom the Company has had a substantive
discussion on it becoming a customer of the Company within the immediately preceding twelve (12) months).

 

(f) “Disability”
means Executive’s inability to perform one or more essential functions of his position, after taking into account reasonable
accommodations, by reason of any medically diagnosed physical or mental impairment and such inability continues for a period of
at least 120 consecutive calendar days. A determination of such Disability will be made by a physician reasonably acceptable to
the Company and Executive (or, if applicable, his spouse or legal representative).

 

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(g) “Good Reason”
means the occurrence of any of the following events, without the written consent of Executive:

 

(i) any reduction in Executive’s
Base Salary (as it may have been increased after the Effective Date), except by no more than ten percent (10%) as part of an across
the board salary reduction uniformly applied to all executive-level employees of the Company;

 

(ii) any material reduction in Executive’s
authority, duties or responsibilities or the assignment to Executive of any duties that are inconsistent with his position or;

 

(iii) a failure of the Company to pay
any amount due Executive (other than immaterial amounts);

 

(iv) Executive’s offices are
moved or relocated anywhere other than within 25 miles of Laurel, Maryland; and

 

(v) any other action or inaction that
constitutes a material breach by the Company of this Agreement or any other agreement under which Executive provides services to
the Company or any of its Affiliates.

 

Notwithstanding any other provision
of this Agreement to the contrary, Executive shall not terminate the Employment Term for Good Reason unless (A) Executive notifies
the Company in writing of the condition that Executive believes constitutes Good Reason within ninety (90) days following the Executive’s
first knowledge of the existence thereof (which notice specifically identifies such condition and the details regarding its existence),
(ii) the Company fails to remedy such condition within thirty (30) days after the date on which it receives such notice (the “Remedial
Period”), and (iii) Executive terminates the Employment Term within thirty (30) days after the end of the Remedial
Period for Good Reason.

 

(h) “Section 409A”
means Section 409A of the Code and the Treasury Regulations issued thereunder.

 

(i) “Territory”
means any State in the United States in which the Company and its Affiliates then-currently conduct their business or have conducted
their business at any time in the prior twelve (12) months.

 

11. Tax Matters

 

(a) Withholding. All payments made
pursuant to this Agreement will be subject to withholding of taxes as required by applicable law.

 

(b) Responsibility. Notwithstanding
anything to the contrary herein, the Company makes no representations or warranties to Executive with respect to any tax, economic
or legal consequences of this Agreement or any payments or other benefits provided hereunder, including without limitation under
Section 409A, and no provision of the Agreement shall be interpreted or construed to transfer any liability for failure to comply
with Section 409A or any other legal requirement from Executive or any other individual to the Company or any of its Affiliates,
except as provided below. Executive, by executing this Agreement, shall be deemed to have waived any claim against the Company
and its Affiliates with respect to any such tax, economic or legal consequences; provided, however, if any amount payable pursuant
to this Agreement is included in Executive’s gross income under Section 409A(a)(1)(A) of the Code, then (i) Executive shall
be responsible for the payment of the income taxes imposed on such payment and the amount of interest under Section 409A(a)(1)(B)(i)(I)
of the Code and (ii) the Company shall be responsible for the payment of the amount due under Section 409A(a)(1)(B)(i)(II) of the
Code within 30 days after such time as a final determination is made that such amount is due and payable by Executive (whether
by an agreed assessment, a decision upon administrative appeal, or a decision by a court having jurisdiction). The parties intend
that the payment under the preceding clause (ii) will comply with Treasury Regulation Sections 1.409A-3(i)(1)(i), 1.409A-3(i)(1)(v)
and 1.409A-3(i)(1)(v).

 

    10

     

    

 

(c) Section 409A. The parties intend
that this Agreement and the payments and other benefits provided hereunder be exempt from the requirements of Section 409A to the
maximum extent possible, whether pursuant to the short-term deferral exception described in Treasury Regulations Section 1.409A-1(b)(4),
the involuntary separation pay plan exception described in Treasury Regulations Section 1.409A-1(b)(9)(iii), or otherwise. To the
extent Section 409A is applicable to this Agreement and any such payments and benefits, the parties intend that this Agreement
and such payments and benefits comply with the deferral, payout and other limitations and restrictions imposed under Section 409A.
Notwithstanding any other provision of this Agreement to the contrary, this Agreement shall be interpreted, operated and administered
in a manner consistent with such intentions. Without limiting the generality of the foregoing, and notwithstanding any other provision
of this Agreement to the contrary:

 

(i) if at the time Executive’s
employment hereunder terminates, Executive is a “specified employee,” as defined in Treasury Regulations Section 1.409A-1(i)
and determined using the identification methodology selected by the Company from time to time, or if none, the default methodology,
then to the extent necessary to avoid subjecting Executive to the imposition of any additional tax under Section 409A, any and
all amounts payable under this Agreement on account of such termination of employment that would (but for this provision) be payable
within six (6) months following the date of termination, shall instead be paid in a lump sum on the first day of the seventh month
following the date on which Executive’s employment terminates or, if earlier, upon Executive’s death;

 

(ii) a termination of employment shall
not be deemed to have occurred for purposes of any provision of this Agreement providing for the payment of amounts or benefits
upon or following a termination of employment unless such termination is also a “separation from service,” as defined
in Treasury Regulations Section 1.409A-1(h) after giving effect to the presumptions contained therein, and, for purposes of any
such provision of this Agreement, references to “terminate,” “termination,” “termination of employment”
and like terms shall mean separation from service;

 

(iii) each payment made under this
Agreement shall be treated as a separate payment and the right to a series of installment payments under this Agreement shall be
treated as a right to a series of separate payments; and

 

    11

     

    

 

(iv) with regard to any provision in
this Agreement that provides for reimbursement of expenses or in-kind benefits, except for any expense, reimbursement or in-kind
benefit provided pursuant to this Agreement that does not constitute a “deferral of compensation,” within the meaning
of Treasury Regulations Section 1.409A-1(b), (A) the right to reimbursement or in-kind benefits shall not be subject to liquidation
or exchange for another benefit, (B) the amount of expenses eligible for reimbursement, or in-kind benefits provided, during any
taxable year shall not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other taxable
year, and (C) such payments shall be made no later than two and a half months after the end of the calendar year in which the expenses
were incurred.

 

(d) Limitation on Payments Under Certain
Circumstances.

 

(i) Notwithstanding any other provision
of this Agreement to the contrary, in the event that Executive becomes entitled to receive or receives any payments, options, awards
or benefits (including, without limitation, the monetary value of any non-cash benefits and the accelerated vesting of stock awards)
under any agreement, arrangement, plan or program with the Company or any person affiliated with the Company (collectively, the
“Payments”), that may separately or in the aggregate constitute “parachute payments” within
the meaning of Code Section 280G and the Treasury regulations promulgated thereunder (“Section 280G”)
and it is determined that, but for this Section 12(d)(i), any of the Payments will be subject to any excise tax pursuant to Code
Section 4999 or any similar or successor provision (the “Excise Tax”), the Company shall pay to Executive
either (i) the full amount of the Payments or (ii) an amount equal to the Payments reduced by the minimum amount necessary to prevent
any portion of the Payments from being an “excess parachute payment” (within the meaning of Section 280G) (the “Capped
Payments”), whichever of the foregoing amounts results in the receipt by Executive, on an after-tax basis (with consideration
of all taxes incurred in connection with the Payments, including the Excise Tax), of the greatest amount of Payments notwithstanding
that all or some portion of the Payments may be subject to the Excise Tax. For purposes of determining whether Executive would
receive a greater after-tax benefit from the Capped Payments than from receipt of the full amount of the Payments and for purposes
of Section 11(d)(iii) (if applicable), Executive shall be deemed to pay federal, state and local taxes at the highest marginal
rate of taxation for the applicable calendar year.

 

(ii) All computations and determinations
called for by Sections 11(d)(i) and 11(d)(iii) shall be made and reported in writing to the Company and Executive by a third-party
service provider selected by the Company and Executive (the “Tax Advisor”), and all such computations
and determinations shall be conclusive and binding on the Company and Executive. For purposes of such calculations and determinations,
the Tax Advisor may rely on reasonable, good faith interpretations concerning the application of Code Sections 280G and 4999. The
Company and Executive shall furnish to the Tax Advisor such information and documents as the Tax Advisor may reasonably request
in order to make their required calculations and determinations. The Company shall bear all fees and expenses charged by the Tax
Advisor in connection with its services.

 

(iii) In the event that Section 11(d)(i)
applies and a reduction is required to be applied to the Payments thereunder, the Payments shall be reduced by the Company in a
manner and order of priority that provides Executive with the largest net after-tax value; provided that payments of equal after-tax
present value shall be reduced in the reverse order of payment. Notwithstanding anything to the contrary herein, any such reduction
shall be structured in a manner intended to comply with Section 409A.

 

    12

     

    

 

12. Assignment. This Agreement and
Executive’s rights under this Agreement are personal to Executive and shall not be assignable by Executive. The Company may,
by written notice to Executive, assign this Agreement to any affiliated or successor to all or substantially all of the business
and assets the Company and then only so long as such affiliate or successor assumes and agrees, in such form and substance as is
reasonably satisfactory to Executive, to perform all of the Company’s duties, responsibilities, obligations and liabilities
hereunder, including without limitation upon the termination of the Employment Term; provided, however, the termination of Executive’s
employment hereunder by such affiliate or successor and the immediate hiring and continuation of Executive’s employment by
such affiliate or successor upon the identical terms and provisions of this Agreement shall not be deemed to constitute a termination
of the Employment Term. All of the terms and provisions of this Agreement shall be binding upon and inure to the benefit of and
be enforceable by the parties hereto and their respective successors and permitted assigns.

 

13. Notices. All notices, requests,
demands and other communications called for hereunder will be in writing and will be deemed given (a) on the date of delivery if
delivered personally, (b) one (1) day after being sent by a reputable commercial overnight service, or (c) four (4) days after
being mailed by registered or certified mail, return receipt requested, prepaid and addressed to the parties or their successors
at the following addresses, or at such other addresses as the parties may later designate in writing:

 

If to the Company:

 

EVO Transportation &
Energy Services, Inc.

 

8285 West Lake Pleasant Parkway

Peoria, AZ 85382

Attention: John P. Yeros

 

If to Executive:

 

Michael Ritter

Ritter Family of Companies

8271 Brock Bridge Rd.

Laurel, MD 20724

 

14. Severability. In the event that
any provision hereof becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable or void, this Agreement
will continue in full force and effect without said provision.

 

    13

     

    

 

15. Integration. This Agreement represents
the entire agreement and understanding between the parties as to the subject matter herein and supersedes all prior or contemporaneous
agreements whether written or oral. No waiver, alteration or modification of any of the provisions of this Agreement will be binding
unless in writing that specifically refers to this Agreement and is signed by Executive and a duly authorized representative of
the Company.

 

16. Waiver of Breach. The waiver of
a breach of any term or provision of this Agreement must be in writing and will not operate as or be construed to be a waiver of
any other previous or subsequent breach of this Agreement.

 

17. Headings. All captions and section
headings used in this Agreement are for convenient reference only and do not form a part of this Agreement.

 

18. Governing Law. This Agreement will
be construed and interpreted in accordance with, and any dispute or controversy arising from any breach or asserted breach of this
Agreement will be governed by, the laws of the State of Maryland without regard to any choice of law rules. Any action brought
to enforce or interpret this Agreement must be brought in the state or federal courts for the State of Maryland, and the parties
hereby consent to the jurisdiction and venue of such courts in the event of any dispute. Each of the parties knowingly and voluntarily
waives all right to trial by jury in any action or proceeding arising out of or relating to this Agreement, Executive’s employment
by the Company, or for recognition or enforcement of any judgment.

 

19. Acknowledgment. Executive acknowledges
that he has had the opportunity to discuss this Agreement with and obtain advice from his private attorney, has had sufficient
time to, and has carefully read and fully understands all the provisions of this Agreement, and is knowingly and voluntarily entering
into this Agreement.

 

20. Counterparts.
This Agreement may be executed in counterparts, and may delivered personally or by facsimile or electronic transmission, and each
counterpart will have the same force and effect as an original and will constitute an effective, binding agreement on the part
of each of the undersigned parties. 

 

{Signature Page
Follows}

 

    14

     

    

 

IN WITNESS WHEREOF, each of the parties
has executed this Employment Agreement, in the case of the Company by its duly authorized officer, as of the Effective Date in
the preamble hereof.

 

	COMPANY:	 
	EVO Transportation & Energy
    Services, Inc. 	 
	 	 	 
	By:	/s/ John Yeros	 
	Name:	 John Yeros	 
	Title: 	CEO  	 
	Date: 	9/16/19	 
	 	 	 
	EXECUTIVE: 	 
	 	 	 
	By:	/s/ Michael Ritter	 
	Name: 	Michael Ritter 	 
	Date: 	9/16/19	 

 

[Signature Page of Employment Agreement]

 

     

     

    

 

Exhibit A

 

Form of Release

 

[Date]

 

[Via _____________]

 

Personal and Confidential

 

 

		Executive	 

[Executive Address]

 

		Re:	Separation Agreement and Release

 

Dear Executive:

 

As you know, your employment with EVO Transportation
& Energy Services, Inc. (the “Company”) ended effective at the close of business on [Date] pursuant to the relevant
provision of your Executive Employment Agreement with the Company dated ______________ (the “Employment Agreement”).
The purpose of this Separation Agreement and Release letter (“Agreement”) is to set forth certain agreements in connection
with the termination of your employment with the Company. Capitalized terms used but not defined in this Agreement have the meanings
assigned to them in the Employment Agreement.

 

By your signature below, you agree to the
following terms and conditions:

 

1.End of Employment.Your
employment with the Company ended effective at the close of business on [Date]. If applicable, information regarding your right
to elect COBRA coverage will be sent to you via separate letter.

 

You will not receive
the separation pay and benefits described in the Employment Agreement if you (i) do not sign this Agreement and return it to the
Company by the Offer Expiration, (ii) rescind this Agreement after signing it, or (iii) violate any of the terms and conditions
set forth in this Agreement.

 

2. [intentionally
omitted]

 

3. Release
of Claims. In consideration of the separation pay and benefits described in the Employment Agreement, and the release provided
to you by the Company below, by signing this Agreement you, for yourself and anyone who has or obtains legal rights or claims through
you, agree to the following:

 

a. You
hereby do release and forever discharge the “Released Parties” (as defined in Section 3.e. below) of and from any and
all manner of claims, demands, actions, causes of action, administrative claims, liability, damages, claims for punitive or liquidated
damages, claims for attorney’s fees, costs and disbursements, individual or class action claims, or demands of any kind whatsoever,
you have or might have against them or any of them, whether known or unknown, in law or equity, contract or tort, arising out of
or in connection with your employment or independent contractor engagement with the Company, or the termination of that employment
or engagement, however originating or existing, from the beginning of time through the date of your signing this Agreement.

 

    

     

    

 

b. This
release includes, without limiting the generality of the foregoing, any claims you may have for, wages, bonuses, commissions, penalties,
deferred compensation, vacation, sick, and/or paid time off (PTO) pay, separation pay and/or benefits; wrongful discharge (based
on contract, common law, or statute, including any federal, state or local statute or ordinance prohibiting discrimination or retaliation
in employment); violation of any of the following: the United States Constitution, the Wisconsin Constitution, the Age Discrimination
in Employment Act, 29 U.S.C. § 621 et seq., Wisconsin Fair Employment Act, Wisconsin Wage Claim and Payment Law, Wisconsin
Business Closing and Mass Layoff Law, Wisconsin Cessation of Health Care Benefits Law, Wisconsin Family and Medical Leave Law,
Wisconsin Personnel Records Statute, Wisconsin Employment Peace Act, any paid sick leave law, any local human rights ordinance,
Title VII of the Civil Rights Act, 42 U.S.C. § 2000e et seq., the Americans with Disabilities Act, 42 U.S.C. §
12101 et seq., the Executive Retirement Income Security Act of 1974, 29 U.S.C. § 1001 et seq., the Family and
Medical Leave Act, 29 U.S.C. § 2601 et seq., the National Labor Relations Act, 29 U.S.C. § 151 et seq.;
and any claim for retaliation. You understand and agree that, by signing this Agreement, you waive and release any claim to employment
with the Company.

 

c. If
you file, or have filed on your behalf, a charge, complaint, or action released by this Section 3, you agree that the payments
and benefits described in the Employment Agreement are in complete satisfaction of any and all claims in connection with such charge,
complaint, or action and you waive, and agree not to take, any award of money or other damages from such charge, complaint, or
action. Notwithstanding the foregoing, you do not waive your right to receive and fully retain a monetary award from a government-administered
whistleblower award program for providing information directly to a governmental agency or any other claim not waived hereby.

 

d. You
are not, by signing this Agreement, releasing or waiving (1) any vested interest you may have in any 401(k) or profit sharing plan
by virtue of your employment with the Company, (2) any rights or claims that may arise after this Agreement is signed, (3) the
post-employment payments and benefits specifically promised to you under the Employment Agreement, (4) the right to institute legal
action for the purpose of enforcing the provisions of this Agreement, (5) any rights you have to workers compensation benefits,
(6) any rights you have under unemployment compensation benefits laws, (7) the right to file a charge or complaint with a governmental
agency such as the Equal Employment Opportunity Commission (“EEOC”), the National Labor Relations Board (“NLRB”),
the Occupational Safety and Health Administration (“OSHA”), the Securities and Exchange Commission (“SEC”)
or any other federal, state or local governmental agency, subject to Section 3(c) above, (8) the right to communicate with, testify,
assist, or participate in an investigation, hearing, or proceeding conducted by, the EEOC, NLRB, OSHA, SEC or other governmental
agency, (9) any rights you may have under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”), or (10) any
rights arising under any agreements between you and the Company related to any equity interests you may have in the Company, including
any agreements entered into in connection with the sale of the Ritter Family of Companies to the Company.

 

    A-2

     

    

 

e. The
“Released Parties,” as used in this Agreement, shall mean the Company and its parent, subsidiaries, divisions, affiliated
entities, insurers, if any, and its and their present and former officers, directors, shareholders, trustees, employees, agents,
attorneys, representatives and consultants, and the successors and assigns of each, whether in their individual or official capacities,
and the current and former trustees or administrators of any pension or other benefit plan applicable to the employees or former
employees of the Released Parties in their official and individual capacities.

 

4. Notice
of Right to Consult Attorney and Twenty-One (21) Calendar Day Consideration Period. By signing this Agreement, you acknowledge
and agree that the Company has informed you by this Agreement that (1) you have the right to consult with an attorney of your choice
prior to signing this Agreement, and (2) you are entitled to at least Twenty-One (21) calendar days from your receipt of this Agreement
to consider whether the terms are acceptable to you. You have the right, if you choose, to sign this Agreement prior to the expiration
of the Twenty-One (21) day period.

 

5. Notification
of Rights under the Federal Age Discrimination in Employment Act (29 U.S.C. § 621 et seq.). You are hereby notified of
your right to rescind the release of claims contained in Section 3 with regard to claims arising under the federal Age Discrimination
in Employment Act, 29 U.S.C. § 621 et seq.), within seven (7) calendar days of your signing this Agreement. In order
to be effective, the rescission must (a) be in writing; (b) delivered to John P. Yeros, CEO, EVO Transportation & Energy
Services, Inc., 8285 West Lake Pleasant Parkway, Peoria, AZ 85382, by hand or mail within the required period; and (c) if delivered
by mail, the rescission must be postmarked within the required period, properly addressed to John P. Yeros, as set forth above,
and sent by certified mail, return receipt requested. You understand and agree that if you rescind any part of this Agreement in
accordance with this Section 5, the Company will have no obligation to provide you the payments and benefits described in the Employment
Agreement and you will be obligated to return to the Company any payment(s) and benefits already received in connection with the
Employment Agreement.

 

6. Return
of Property. You acknowledge and agree that all documents and materials relating to the business of, or the services provided
by, the Company are the sole property of the Company. You agree and represent that you have returned to the Company all of its
property, including but not limited to, all data, files, documents and property within your possession or control, which in any
manner relate to the business of, or the duties and services you performed on behalf of the Company.

 

7. On-Going
Obligations. If you breach any term of this Agreement or Section 9 of your Employment Agreement, the Company shall be entitled
to its available legal and equitable remedies, including but not limited to suspending and recovering any and all payments and
benefits made or to be made under the Employment Agreement. If the Company seeks and/or obtains relief from an alleged breach of
this Agreement, all of the provisions of this Agreement shall remain in full force and effect.

 

    A-3

     

    

 

8. Cooperation.
You agree that for six (6) months following the date of this Agreement, you will respond to the Company in a timely and helpful
manner via email or telephone should it have questions for you regarding your work for the Company such as, but not limited to,
status of projects, location of data and documents, and passwords, provided that such questions must be reasonable in volume and
time commitment and you will not be required to pay any out of pocket expenses in connection with this Section 8.

 

9. Remedies.
In the event of litigation arising out of this Agreement or the Employment Agreement, the prevailing party will be entitled to
an award of its costs and reasonable attorneys’ fees. If either party breaches any term of this Agreement or the Employment
Agreement, the prevailing party shall be entitled to its available legal and equitable remedies. For Company, this also includes
but is not limited to suspending and recovering any and all payments and benefits made or to be made under the Employment Agreement.
If the Company seeks and/or obtains relief from an alleged breach of this Agreement, all of the provisions of this Agreement shall
remain in full force and effect.

 

10. Non-Admission.
It is expressly understood that this Agreement does not constitute, nor shall it be construed as, an admission by the Released
Parties or you of any liability or unlawful conduct whatsoever. The Released Parties and you specifically deny any liability or
unlawful conduct.

 

11. Successors
and Assigns. This Agreement is personal to you and may not be assigned by you without the written agreement of the Company.
The rights and obligations of this Agreement shall inure to the successors and assigns of the Released Parties.

 

12. Enforceability.
If a court finds any term of this Agreement to be invalid, unenforceable, or void, the parties agree that the court shall modify
such term to make it enforceable to the maximum extent possible. If the term cannot be modified, the parties agree that the term
shall be severed and all other terms of this Agreement shall remain in effect.

 

13. Law,
Jurisdiction and Venue, Jury Trial Waiver. This Agreement will be construed and interpreted in accordance with, and any dispute
or controversy arising from any breach or asserted breach of this Agreement will be governed by, the laws of the State of Maryland,
without regard to any choice of law rules. Any action brought to enforce or interpret this Agreement must be brought in the state
or federal courts for the State of Maryland, and the parties hereby consent to the jurisdiction and venue of such courts in the
event of any dispute. Each of the parties knowingly and voluntarily waives all right to trial by jury in any action or proceeding
arising out of or relating to this Agreement or for recognition or enforcement of any judgment.

 

14. Full
Agreement. This Agreement contains the full agreement between you and the Released Parties as to your employment with the Company
or termination thereof and may not be modified, altered, or changed in any way except by written agreement signed by both parties.
The parties agree that this Agreement supersedes and terminates any and all other written and oral agreements and understandings
between the parties as to your employment with the Company or termination thereof. Notwithstanding the foregoing, if you have previously
signed an agreement or agreements with the Company containing confidentiality, trade secret, noncompetition, nonsolicitation, intellectual
property, return of property, and/or similar provisions your obligations under such agreement(s) (including, without limitation,
under Section 9 of your Employment Agreement) shall continue in full force and effect according to their terms and will survive
the termination of your employment.

 

    A-4

     

    

 

15.Counterparts.
This Agreement may be executed by facsimile or electronic transmission and in counterparts, each of which shall be deemed an original
and all of which shall constitute one instrument.

 

16. Acknowledgment
of Reading and Understanding. By signing this Agreement, you acknowledge that you have read this Agreement, including the release
of claims contained in Section 3, and understand that the release of claims is a full and final release of all claims you may have
against the Company and the other entities and individuals covered by the release. By signing, you also acknowledge and agree that
you have entered into this Agreement knowingly and voluntarily.

 

The deadline for accepting
this Agreement is 5:00 p.m. on the 22nd calendar day following your receipt of this Agreement (the “Offer Expiration”).
If not accepted by such time, the offer contained herein will expire. After you have reviewed this Agreement and obtained whatever
advice and counsel you consider appropriate regarding it, please evidence your agreement to the provisions set forth in this Agreement
by dating and signing the Agreement. Please then return a signed Agreement to me no later than the Offer Expiration. Please keep
a copy for your records.

 

We wish you all the best.

 

Sincerely,

 

EVO Transportation & Energy Services, Inc.

 

    A-5

     

    

 

ACKNOWLEDGMENT AND SIGNATURE

 

By signing below, I, ________________________,
acknowledge and agree to the following:

 

		●	I
have had adequate time to consider whether to sign this Separation Agreement and Release.

 

		●	I
have read this Separation Agreement and Release carefully.

 

		●	I
understand and agree to all of the terms of the Separation Agreement and Release.

 

		●	I
am knowingly and voluntarily releasing my claims against the Company and the other persons and entities defined as the Released
Parties.

 

		●	I
have not, in signing this Agreement, relied upon any statements or explanations made by the Company except as for those specifically
set forth in this Separation Agreement and Release.

 

		●	I
intend this Separation Agreement and Release to be legally binding.

 

		●	I
am signing this Separation Agreement and Release on or after my last day of employment with the Company.

 

Accepted this ____ day of ___________________, 20__.

 

_______________________________

 

 

A-6Exhibit
10.3

 

DIRECTOR
NOMINATION AGREEMENT

 

This
Director Nomination Agreement (this “Agreement”) is made on September 16, 2019 (the “Effective Date”),
by and between EVO Transportation & Energy Services, Inc., a Delaware corporation (the “Company”), and
Antara Capital Master Fund LP (“Antara”).

 

RECITALS

 

WHEREAS,
the Company has agreed to permit Antara (i) to designate for election to the board of directors of the Company (the “Board”)
one individual to serve as a Board member and (ii) to designate one individual to serve as a Board observer, subject to the
terms and conditions set forth herein; and

 

WHEREAS,
on the date of this Agreement, the Company is issuing Antara warrants to purchase an aggregate of [4,240,000] shares of Common
Stock (as defined below) (the “Warrants”).

 

NOW,
THEREFORE, in consideration of the mutual covenants and agreements contained herein and other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

 

Article
I

DEFINITIONS

 

Section
1.01 Definitions. As used in this Agreement, the following terms shall have the following meanings:

 

“Affiliate”
means, with respect to a specified Person, any other Person that directly, or indirectly through one or more intermediaries, Controls,
is Controlled by, or is under common Control with, the specified Person; provided that, for the avoidance of doubt,
the Company and any Person Controlled by the Company shall not be considered to be an Affiliate of Antara for any purpose under
this Agreement.

 

“Agreement”
has the meaning set forth in the Preamble.

 

“Antara”
has the meaning set forth in the Preamble.

 

“Antara
Board Observer” has the meaning set forth in Section 2.02(a).

 

“Antara
Designated Director” has the meaning set forth in Section 2.02(a).

 

“Beneficial
Owner” means, with respect to a security, a direct or indirect beneficial owner of such security within the meaning
of Rule 13d-3 under the Exchange Act. The term “Beneficially Own” shall have a correlative meaning.

 

“Board”
has the meaning set forth in the Recitals.

 

“Bylaws”
means the By-laws of the Company, as amended or restated from time to time.

  

    1

     

    

 

“Certificate
of Incorporation” means the Amended and Restated Certificate of Incorporation of the Company, as amended or restated
from time to time.

 

“Common
Stock” means common stock, each with $0.0001 par value, of the Company.

 

“Company”
has the meaning set forth in the Preamble.

 

“Control”
means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a Person,
whether through the ownership of voting securities, by contract or otherwise. The terms “Controlled by” and
“under common Control with” shall have correlative meanings.

 

“Effective
Date” has the meaning set forth in the Preamble.

 

“Exchange
Act” means the Securities Exchange Act of 1934.

 

“Person”
means any individual, corporation, firm, partnership, joint venture, limited liability company, estate, trust, business association,
organization, any court, administrative agency, regulatory body, commission or other governmental authority, board, bureau or
instrumentality, domestic or foreign and any subdivision thereof or other entity, and also includes any managed investment account.

 

“Proceeding”
has the meaning set forth in Section 4.07.

 

“Securities
Exchange” means the national securities exchange on which the Company’s common stock, par value $0.0001, is then
listed.

 

“Selected
Courts” has the meaning set forth in Section 4.07.

 

“Termination
Date” means the date of the expiration of the then-current term of the Antara Designated Director (or such person’s
successor designee appointed under Section 2.02(e)) that expires after the date when Antara and its Affiliates Beneficially Own
shares of Common Stock representing, in the aggregate, less than 15% of the shares of Common Stock issuable upon exercise of the
Warrants issued by the Company to Antara as of the date of this Agreement for the first time.

 

“Warrants”
has the meaning set forth in the Recitals.

 

Section
1.02 Other Definitional and Interpretive Provisions. The words “hereof,” “herein” and “hereunder”
and words of like import used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of
this Agreement. References in the singular or to “him,” “her,” “it,” “itself’
or other like references, and references in the plural or the feminine or masculine reference, as the case may be, shall also,
when the context so requires, be deemed to include the plural or singular, or the masculine or feminine reference, as the case
may be. References to the Preamble, Recitals, Articles and Sections shall refer to the Preamble, Recitals, Articles and Sections
of this Agreement, unless otherwise specified. The headings in this Agreement are for convenience and identification only and
are not intended to describe, interpret, define or limit the scope, extent or intent of this Agreement or any provision thereof.
References to any statute shall be deemed to refer to such statute as amended from time to time and to any rules or regulations
promulgated thereunder. References to any agreement or contract are to that agreement or contract as amended, modified or supplemented
from time to time in accordance with the terms hereof and thereof. References to “include,” “includes”
and “including” in this Agreement shall be deemed to be followed by the words “without limitation,” whether
or not so specified. This Agreement shall be construed without regard to any presumption or other rule requiring construction
against the party that drafted and caused this Agreement to be drafted.

  

    2

     

    

 

Article
II

NOMINATION RIGHTS; REQUIRED CONSENTS

 

Section
2.01 Number of Directors. Except as required by applicable law or the listing standards of the Securities Exchange,
from and after the Effective Date until the Termination Date, the Company shall not, without the prior written consent of Antara,
take any action to increase the number of directors on the Board to more than eight directors.

 

Section
2.02 Board Nominee.

 

(a)
Subject to the terms and conditions of this Agreement, from and after the Effective Date until the Termination Date, at every
meeting of the Board, or a committee thereof, at which directors of the Company are appointed by the Board or are nominated
to stand for election by stockholders of the Company, Antara shall have the right to nominate for election to the Board one
individual designated by Antara to serve as a Board member (the “Antara Designated Director”), provided
that no reduction in the ownership percentage of Antara and its Affiliates shall shorten the term of such director serving on
the Board. The initial Antara Designated Director as of the Effective Date is Himanshu Gulati.

 

(b)
Subject to Section 2.02(c), the Company shall take all actions (to the extent such actions are permitted by applicable
law) to (i) include the Antara Designated Director in the slate of director nominees for election by the Company’s
stockholders and (ii) include the Antara Designated Director in the proxy statement prepared by the Company in connection
with soliciting proxies for every meeting of the stockholders of the Company called with respect to the election of members
of the Board, and at every adjournment or postponement thereof, and on every action or approval by written consent of the
Board with respect to the election of members of the Board.

 

(c)
The Company’s obligations pursuant to Section 2.02(b) shall be subject to the Antara Designated Director
providing, fully and completely, (i) any information that is required to be disclosed in any filing or report under the
listing standards of the Securities Exchange and applicable law, (ii) any information that is required in connection with
determining the independence status of the Antara Designated Director under the listing standards of the Securities Exchange,
if any, and applicable law, and (iii) if required by applicable law, such individual’s written consent to being named
in a proxy statement as a nominee and to serving as director if elected.

 

(d)
If the Antara Designated Director is not appointed, nominated or elected to the Board because of such person’s death,
disability, disqualification, withdrawal as a nominee or for other reason, (i) Antara shall be entitled to designate another
nominee and shall do so as promptly as practicable following the failure of such Antara Designated Director to be appointed,
nominated or elected to the Board and (ii) the director position for which the original Antara Designated Director was
nominated shall not be filled pending such designation.

  

    3

     

    

 

(e)
If a vacancy occurs because of the death, disability, disqualification, resignation or removal of the Antara Designated
Director or for any other reason, Antara shall be entitled to designate such person’s successor (regardless of the
ownership percentage held by Antara at the time of such replacement designation), and the Board shall promptly fill the
vacancy with such successor, it being understood that any such successor designee shall serve the remainder of the term of
the Antara Designated Director whom such designee replaces. Antara shall designate a successor pursuant to this Section
2.02(e) as promptly as practicable following any such vacancy.

 

Section
2.03 Board Observer.

 

(a)
Subject to the terms and conditions of this Agreement, from and after the Effective Date until the Termination Date, Antara
shall have the right to designate one individual to serve as a Board observer (the “Antara Board
Observer”). During such time, Antara shall have the exclusive right to remove and replace such Antara Board
Observer at any time by providing notice to the Company. The initial Antara Board Observer as of the Effective Date is
Michael Bayles.

 

(b)
The Company shall provide to the Antara Board Observer copies of all documents pertaining to any meeting of the Board
that are provided to each member of the Board and shall provide them at the same time as they are provided to such
members. Notwithstanding the foregoing, the Company shall have the right to withhold any such materials from the Antara Board
Observer to the extent the Board determines, in its sole discretion, that such action is (i) necessary or advisable to
preserve any evidentiary or attorney-client privilege or (ii) required to avoid a conflict of interest. The Antara Board
Observer shall have the right to attend each meeting of the Board in the same manner as the members thereof except that the
Company shall have the right to exclude the Antara Board Observer from any such meeting to the extent the Board determines,
in its sole discretion, that such action is necessary or advisable to preserve any evidentiary or attorney-client privilege.
The rights of the Antara Board Observer to receive information and attend Board meetings are subject to the Antara Board
Observer (i) executing a confidentiality agreement in a form as may be determined by the Company and (ii) abiding by such
trading policies as are generally applicable to all directors, officers and employees of the Company, as may be adopted by
the Board to ensure compliance with applicable securities laws.

 

(c)
The Antara Board Observer shall not be entitled to vote at any meeting of the Board.

 

Section
2.04 Compensation; Reimbursement of Expenses. The Company shall reimburse the Antara Designated Director and the
Antara Board Observer for all reasonable and documented out-of-pocket expenses properly incurred in connection with his or her
participation in the meetings of the Board or any committee of the Board and all functions and duties as a member of the Board,
including all reasonable and documented travel, lodging and meal expenses, in each case to the same extent as the Company reimburses
the other non-executive members of the Board for such expenses.

  

    4

     

    

 

Section
2.05 Indemnification, Exculpation and Insurance.

 

(a)
The Company shall maintain in effect at all times directors’ and officers’ indemnity insurance covering
the Antara Designated Director to the same extent and on the same terms as any directors’ and officers’
indemnity insurance maintained by the Company with respect to the other non-executive members of the Board.

 

(b)
The Company shall not amend or alter any right to indemnification, exculpation or the advancement of expenses covering or
benefiting any Antara Designated Director contained in the Certificate of Incorporation or Bylaws as in effect on the date
hereof without the prior written consent of the Antara, except to the extent (i) required by applicable law or the listing
standards of the Securities Exchange, if any, (and in such cases, in accordance with the Certificate of Incorporation or the
Bylaws) or (ii) such amendment or alteration provides a broader right to indemnification, exculpation or advancement of
expenses than those previously contained in the Certificate of Incorporation or Bylaws, as applicable.

 

Section
2.06 Corporate Policies. Except as otherwise provided in the Certificate of Incorporation, Antara acknowledges that
the Antara Designated Director and the Antara Board Observer will be subject to all applicable corporate governance, conflict
of interest, confidentiality, stock ownership and insider trading policies and guidelines of the Company, each as approved by
the Board from time to time to the extent such policies and guidelines are applicable to all non-executive directors. Notwithstanding
the foregoing, no confidentiality policy shall preclude the Antara Designated Director or the Antara Board Observer from sharing
information with Antara; provided that Antara maintains the confidentiality of such information.

 

Section
2.07 Required Consents. From and after the Effective Date until the Termination Date, without the approval of the Board
and the Antara Designated Director, the Company shall not, and shall cause its subsidiaries not to, repurchase, exchange or redeem
any Common Stock or preferred stock of the Company other than (i) a repurchase, exchange or redemption of Common Stock from an
employee in connection with satisfying any of its obligations under an employee benefit plan or employment agreement and (ii)
any required redemption or exchange pursuant to the terms of the instrument governing such Common Stock or preferred stock of
the Company. The Company acknowledges that the foregoing provisions of this Section 2.07 are a material inducement for Antara
to enter into this Agreement and the other agreements entered into between the Company and Antara on the date hereof, including
the Warrants, and that Antara would not enter into such agreements without such provisions.

 

Article
III

EFFECTIVENESS AND TERMINATION

 

Section
3.01 Termination. This Agreement and all rights and obligations hereunder shall terminate upon the earlier to occur
of (a) the Termination Date and (b) the delivery of written notice to the Company by Antara terminating this Agreement.

  

    5

     

    

 

Article
IV

MISCELLANEOUS

 

Section
4.01 Notices. All notices, requests, consents and other communications hereunder to any party shall be in writing and
shall be personally delivered, sent by nationally recognized overnight courier or mailed by registered or certified mail to such
party at the address set forth below, or sent by e-mail transmission (or such other address or contact information as shall be
specified by like notice):

 

(a)   if
to the Company, to:

[EVO Transportation & Energy Services, Inc.

8285 West Lake Pleasant Parkway,

 Peoria, AZ, 85382

Attention: [Shirley Mays], General Counsel

E-mail: smays@evotransinc.com

 

with
a copy which shall not constitute notice to:

[•]]

 

(b)   if
to Antara or any Antara Designated Director, to:

[c/o Antara Capital LP

500 Fifth Avenue, Suite 2320

 New York, NY 10110]

 

with a copy which shall not constitute notice to:

Milbank LLP

2029 Century Park East, 33rd Floor

Los Angeles, CA 90067

Attention: Adam Moses

Email: amoses@milbank.com

 

Notices
will be deemed to have been given hereunder when personally delivered or when receipt of e-mail has been acknowledged by non-automated
response, one calendar day after deposit with a nationally recognized overnight courier and five calendar days after deposit in
U.S. mail.

 

Section
4.02 Severability. The provisions of this Agreement shall be deemed severable, and the invalidity or unenforceability
of any provision shall not affect the validity or enforceability of the other provisions hereof. If any provision of this Agreement,
or the application thereof to any Person or any circumstance, is found to be invalid or unenforceable in any jurisdiction, (a)
a suitable and equitable provision shall be substituted therefor in order to carry out, so far as may be valid and enforceable,
the intent and purpose of such invalid or unenforceable provision and (b) the remainder of this Agreement and the application
of such provision to other Persons or circumstances shall not be affected by such invalidity or unenforceability, nor shall such
invalidity or unenforceability affect the validity or enforceability of such provision, or the application thereof, in any other
jurisdiction.

 

Section
4.03 Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original
and all of which, taken together, shall be considered one and the same agreement.

  

    6

     

    

 

Section
4.04 Entire Agreement; No Third Party Beneficiaries. This Agreement (a) constitutes the entire agreement and supersedes
all other prior agreements, both written and oral, among the parties with respect to the subject matter hereof and (b) is not
intended to confer upon any Person, other than the parties hereto, any rights or remedies hereunder.

 

Section
4.05 Further Assurances. Each party shall execute, deliver, acknowledge and file such other documents and take such
further actions as may be reasonably requested from time to time by the other parties hereto to give effect to and carry out the
transactions contemplated herein.

 

Section
4.06 Governing Law; Equitable Remedies. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH,
THE LAWS OF THE STATE OF DELAWARE (WITHOUT GIVING EFFECT TO CONFLICT OF LAWS PRINCIPLES THEREOF). The parties hereto agree that
irreparable damage would occur in the event that any of the provisions of this Agreement were not performed in accordance with
its specific terms or was otherwise breached. It is accordingly agreed that the parties hereto shall be entitled to an injunction
or injunctions and other equitable remedies to prevent breaches of this Agreement and to enforce specifically the terms and provisions
hereof in any of the Selected Courts (as defined below), this being in addition to any other remedy to which they are entitled
at law or in equity. Any requirements for the securing or posting of any bond with respect to such remedy are hereby waived by
each of the parties hereto. Each party further agrees that, in the event of any action for an injunction or other equitable remedy
in respect of such breach or enforcement of specific performance, it will not assert the defense that a remedy at law would be
adequate.

 

Section
4.07 Consent To Jurisdiction. With respect to any suit, action or proceeding (“Proceeding”) arising
out of or relating to this Agreement, each of the parties hereto hereby irrevocably (a) submits to the non-exclusive jurisdiction
of the Court of Chancery of the State of Delaware and the United States District Court for the District of Delaware and the appellate
courts therefrom (the “Selected Courts”) and waives any objection to venue being laid in the Selected Courts
whether based on the grounds of forum non conveniens or otherwise and hereby agrees not to commence any such Proceeding other
than before one of the Selected Courts; provided, however, that a party may commence any Proceeding in a court
other than a Selected Court solely for the purpose of enforcing an order or judgment issued by one of the Selected Courts;
(b) consents to service of process in any Proceeding by the mailing of copies thereof by registered or certified mail, postage
prepaid, or by recognized international express carrier or delivery service, to the Company or Antara at their respective addresses
referred to in Section 4.01 hereof; provided, however, that nothing herein shall affect the right of
any party hereto to serve process in any other manner permitted by law; and (c) TO THE EXTENT NOT PROHIBITED BY APPLICABLE
LAW THAT CANNOT BE WAIVED, WAIVES, AND COVENANTS THAT IT WILL NOT ASSERT (WHETHER AS PLAINTIFF, DEFENDANT OR OTHERWISE) ANY RIGHT
TO TRIAL BY JURY IN ANY ACTION ARISING IN WHOLE OR IN PART UNDER OR IN CONNECTION WITH THIS AGREEMENT, WHETHER NOW EXISTING OR
HEREAFTER ARISING, AND WHETHER SOUNDING IN CONTRACT, TORT OR OTHERWISE, AND AGREES THAT ANY OF THEM MAY FILE A COPY OF THIS PARAGRAPH
WITH ANY COURT AS WRITTEN EVIDENCE OF THE KNOWING, VOLUNTARY AND BARGAINED-FOR AGREEMENT AMONG THE PARTIES IRREVOCABLY TO WAIVE
THE RIGHT TO TRIAL BY JURY IN ANY PROCEEDING WHATSOEVER BETWEEN THEM RELATING TO THIS AGREEMENT AND TO HAVE ALL MATTERS RELATING
TO THIS AGREEMENT BE TRIED IN A COURT OF COMPETENT JURISDICTION BY A JUDGE SITTING WITHOUT A JURY.

 

Section
4.08 Amendments; Waivers.

 

(a)
No provision of this Agreement may be amended or waived unless such amendment or waiver is in writing and signed, in the case
of an amendment, by the Company and Antara, or, in the case of a waiver, by each of the parties against whom the waiver is to
be effective.

 

(b)
No failure or delay by any party in exercising any right, power or privilege hereunder shall operate as waiver thereof nor
shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other
right, power or privilege. The rights and remedies herein provided shall be cumulative and not exclusive of any rights or
remedies provided by law.

 

Section
4.09 Assignment. Neither this Agreement nor any of the rights or obligations hereunder shall be assigned by any of the
parties hereto without the prior written consent of the other parties; provided that Antara may assign this Agreement
to any of its Affiliates without the Company’s prior written consent. This Agreement will be binding upon, inure to the
benefit of and be enforceable by the parties and their respective successors and permitted assigns.

 

    7

     

    

 

IN
WITNESS WHEREOF, the parties have caused this Agreement to be duly executed and delivered, all as of the date first set forth
above.

  

	 	EVO
    TRANSPORTATION & ENERGY SERVICES, INC.
	 	 
	 	By:	 /s/ John P. Yeros
	 	Name:	 John P. Yeros
	 	Its: 	Chief Executive Officer

 

 

 

[Signature Page to Director Nomination
Agreement]

 

     

     

    

 

	 	ANTARA
    CAPITAL MASTER FUND LP
	 	 
	 	By:
    Antara Capital LP
	 	Its:
    Investment Advisor
	 	 
	 	By:
    Antara Capital GP LLC
	 	Its:
    General Partner
	 	 
	 	By: 	/s/ Himanshu Gulati
	 	Name: 	Himanshu Gulati
	 	Its: 	Managing Member

 

 

 

[Signature
Page to Director Nomination Agreement]

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