SEC Filing Document

Company: ERock, Inc.
Ticker: 
CIK: 2110029
Filing Type: S-1
Document Type: EX-10.16
Date Filed: 2026-05-15
Accession Number: 0001193125-26-227199
Exchange: 
SIC Code: 3620
SIC Description: Electrical Industrial Apparatus
URL: https://www.sec.gov/Archives/edgar/data/2110029/000119312526227199/d12401dex1016.htm

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Either party may, upon written notice, change its notice address(es). Notice shall be deemed given upon delivery or refusal of delivery except where otherwise provided herein. d) Where approval or consent is required of either Landlord or Tenant, such approval or consent shall not be unreasonably withheld, conditioned or delayed except as otherwise provided herein, or as otherwise required by law. e) In the event of (i) a default by Tenant of its obligations under the Lease, or (ii) a need by Landlord to effectuate a financing transaction or sale of the Building, or (iii) an assignment or subletting of the Lease by Tenant, then at Landlord’s request from time to time Tenant shall furnish Landlord with true and complete copies of its most recent annual and quarterly financial statements prepared by Tenant or Tenant’s accountants and any other financial information or summaries that Tenant typically provides to its lenders.

Portions of this agreement (indicated by “[***]”) have been omitted as the
Registrant has determined that: (i) the omitted information is not material; and (ii) the omitted information is the type that the Registrant treats as private or confidential.

f)	Neither this Lease, nor a memorandum of lease, shall be recorded by Tenant.

g)	The laws of the state in which the Project is located shall govern the construction and interpretation
of this Lease, without regards to any principles of conflicts of laws. The rule of construction that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Lease or any exhibits or
amendments to this Lease.

h)	Landlord’s submission of this Lease shall not constitute an option to lease the Premises, nor be
binding or confer any right or impose any obligations upon either party until execution and delivery of this Lease by both parties.

i)	The captions inserted in this Lease are for convenience only and in no way define, limit or otherwise
describe the scope, intent, or any provision of this Lease, or in any way affect the interpretation of this Lease.

j)	All exhibits and addenda attached hereto are incorporated into, and made a part of, this Lease. In the
event of any conflict between such exhibits or addenda and the terms of this Lease, such exhibits or addenda shall control.

k)	Any amount not paid by Tenant when due shall bear interest from such due date until paid in full at the
lesser of the highest rate permitted by applicable law or [***] percent per year.

l)	In the event either party initiates litigation to enforce the terms and provisions of this Lease, the non-prevailing party shall reimburse the prevailing party for its reasonable attorney’s fees, filing fees, and court costs. The phrase “prevailing party” includes a party who substantially receives
the relief desired whether by dismissal, summary judgment, or otherwise.

m)	Landlord shall have the right to place energy installations, including, but not limited to, solar
systems, battery storage facilities, and electric vehicle charging facilities, on the Building or the Project, or to enter into a lease allowing a third party the right to install and operate an energy installation on the Building or the Project;
provided such energy installation does not unreasonably and adversely impact Tenant’s use of the Premises, or result in additional costs to Tenant. Tenant waives all rights to any environmental attributes or incentives resulting from an energy
technology installation. Tenant hereby waives all rights to, and agrees and acknowledges that Landlord shall retain the exclusive right to the use of the exterior of the Building and Project for any signage purposes, virtual or otherwise except as
provided otherwise in this Lease. Landlord may request, and Tenant shall deliver to Landlord, data regarding Tenant’s utility usage at the Premises as required by law or to provide, maintain, improve, and keep in good working order the
Project. Tenant can satisfy this requirement by either: (a) providing written consent for Landlord to obtain the information directly from the utility company, or (b) providing the data to Landlord in an electronic format reasonably
acceptable to Landlord.

Portions of this agreement (indicated by “[***]”) have been omitted as the
Registrant has determined that: (i) the omitted information is not material; and (ii) the omitted information is the type that the Registrant treats as private or confidential.

n)	This Lease may be executed in multiple counterparts, each of which shall be considered an original, but
all of which shall constitute one and the same agreement. The signature of a party transmitted electronically (e.g., e-signature) or by facsimile, PDF and/or other electronic image file format shall constitute
and have the same force and effect as the original signature of the party. Following execution, a PDF (or similar image file format) of this entire agreement (whether signed electronically or in ink) shall be considered to be the original agreement
for all purposes.

o)	In the event the Building or Project is subject to legally mandated building performance standards,
energy benchmarking ordinances, or any similar Legal Requirements established by a governmental agency, which intend to regulate the energy usage or emissions at the Building (collectively “Energy Requirements”), and Tenant’s use
and operations at the Building or Project contributes to Landlord incurring a penalty, fine, or fee as a result of non-compliance with such Energy Requirement, Tenant shall reimburse Landlord for such penalty,
fine, or fee no later than 30 days following receipt of an invoice for such amount. In the event the Premises is less than the entire area of the Building, Tenant’s obligation to reimburse Landlord for such penalty, fine, or fee shall be
calculated based on the proportionate share of such penalty, fine, or fee which is attributable to Tenant’s use and operations at the Building as reasonably determined by Landlord.

p)	The term “ days ” shall mean calendar days unless otherwise specified, and the term
“ including ” shall mean ‘including, but not limited to’.

q)	Landlord hereby waives any right of distraint or statutory lien for rent against Tenant’s property
at the Premises that would permit Landlord to possess or sell Tenant’s property before obtaining a judgment. Landlord does not waive any right to obtain and enforce any judgment lien or any pre-judgment
rights and remedies other than those described above. Upon written request from Tenant, Landlord shall confirm the terms of the waiver set forth in this paragraph using the form attached hereto as Exhibit G.

r)	Landlord and Tenant each represents to the other that:

(i)	neither it, nor any person or entity that directly owns a 10% or greater equity interest in it nor any of its
officers, directors or managing members is a person or entity with whom U.S. persons or entities are restricted from doing business under regulations of the Office of Foreign Asset Control (“ OFAC ”) of the Department of the
Treasury, including those parties names on the OFAC’s Specially Designated and Blocked Persons List and those covered pursuant to Executive Order 13224 signed on September 24, 2001, entitled “Blocking Property and Prohibiting
Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism, or other governmental action; and

(ii)	its activities do not violate the International Money Laundering Abatement and Financial Anti-Terrorism Act of
2001 or USA Patriot Act, or the regulations or orders promulgated thereunder (as amended from time to time).

Portions of this agreement (indicated by “[***]”) have been omitted as the
Registrant has determined that: (i) the omitted information is not material; and (ii) the omitted information is the type that the Registrant treats as private or confidential.

s)	Landlord’s affiliate and Tenant are parties to that certain Lease Agreement dated June 6,
2023, whereby Tenant leases space at 20702 Hempstead Rd., Houston, Texas (the “ Hempstead Lease ”). In the event Landlord’s affiliate and Tenant fail to execute an amendment to the Hempstead Lease (“ Hempstead Lease
Amendment ”) within 30 days of the Effective Date hereof providing that (i) Tenant shall have the right to terminate the Hempstead Lease on or before July 31, 2026; and (ii) the termination date for such a termination shall
be effective no sooner than 12/31/2026 (at no cost or expense to Tenant), then Tenant shall have the right to terminate this Lease upon 10 days prior written notice to Landlord.

37. WAIVER OF JURY TRIAL. TENANT AND LANDLORD WAIVE ANY RIGHT TO TRIAL BY JURY OR TO HAVE A JURY PARTICIPATE IN RESOLVING ANY DISPUTE (IN CONTRACT,
TORT, OR OTHERWISE), BETWEEN LANDLORD AND TENANT ARISING OUT OF THIS LEASE OR ANY OTHER INSTRUMENT, DOCUMENT, OR AGREEMENT EXECUTED OR DELIVERED IN CONNECTION HEREWITH OR THE TRANSACTIONS RELATED HERETO.

[REMAINDER OF PAGE INTENTIONALLY BLANK; SIGNATURE PAGE FOLLOWS]

Portions of this agreement (indicated by “[***]”) have been omitted as the
Registrant has determined that: (i) the omitted information is not material; and (ii) the omitted information is the type that the Registrant treats as private or confidential.