DISTINCT CARS LLC
SECURED PROMISSORY NOTE
YAYYO, INC. STOCK GRANT
- For value received YayYo, Inc. a Delaware Corporation (the “Corporation”), hereby grants to name entered (the “Grantee”) an aggregate of amount entered shares of the Corporation’s Common Stock (the “Grant”).
- Effective Date. The Grant is effective as of date entered (the “Grant Date”).
- The Corporation will cause issuance in book entry shares of stock equivalent to the Grant with the transfer agent of the Corporation, evidencing Grantee ownership. Federal and state securities laws may require the placement of certain restrictive legends upon the certificate(s) evidencing the Stock in connection with this Grant.
- Relation to Secured Promissory Note. The Grant is subject to all of the terms and conditions set forth in that certain Secured Promissory Note executed and funded by Grantee, and whose terms are incorporated herein by reference.
- Governing Law. This Grant shall be governed by the laws of the State of Delaware.
- Binding Effect. This Grant shall be binding upon the Corporation and Grantee and their respective heirs, executors, administrators and successors.
- Headings and Sections. The headings contained in this Certificate are for reference purposes only and shall not affect in any way the meaning or interpretation of this Grant. Any references to sections in this Certificate shall be to sections of this Certificate unless otherwise expressly stated as part of such reference.
Name: Ramy El-Batrawi
Title: Chief Executive Officer