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DocuSign Envelope ID: 811 F3685-OB82-47C9-81 DA-047ED6F85F29 BUSINESS ASSISTANCE AGREEMENT FOR AMP ROBOTICS CORPORATION IN THE CITY OF LOUISVILLE THIS AGREEMENT ("Agreement") is made and entered into as of the 24t" day of August , 2021, between the CITY OF LOUISVILLE, a Colorado home rule municipal corporation (the "City"), and AMP ROBOTICS CORPORATION (the "Company"), a Delaware corporation. WHEREAS, the City wishes to provide certain business assistance in connection with the Company's desire to expand its existing operations in the Colorado Technology Center to an 83,600 square foot space at 1875 Taylor Street (the "Project Location"); and WHEREAS, the City benefits from the high paying, quality jobs that the Company anticipates providing in a growing industry; and WHEREAS, the Company's expansion will also generate new fee and tax revenues to the City; and WHEREAS, the City Council finds the execution of this Agreement will serve to provide benefit and advance the public interest and welfare of the City and its citizens by securing this economic development project within the City. NOW THEREFORE, in consideration of the mutual promises set forth below, the City and Company agree as follows: 1. Building Permit Fee Rebates. The City shall rebate to the Company 50% of the building related permit fees for the Project, required under Louisville Municipal Code, section 15.04.050 and section 108.2 of the International Building Code as adopted by the City, for the period from execution of this Agreement and ending December 31, 2022. 2. Use Tax Rebate -Construction. The City shall rebate to the Company 50% of the Construction Use Tax on the construction materials for the Project, required under Louisville Municipal Code, section 3.20.300, excluding all revenues from the Open Space Tax, Historic Preservation Tax, and Recreation Center Tax for the Project, for the period from execution of this Agreement and ending December 31, 2022. 3. Use Tax Rebate — Tangible Goods. The City shall rebate to the Company 50% of the Use Tax paid and collected on tangible good purchases that are made by the Company related to its operations in Louisville, required under Louisville Municipal Code, section 3.20.300, excluding all revenues from the Open Space Tax, Historic Preservation Tax, and Recreation Center Tax for the Project, for a five year period. The five-year rebate period shall Page 1 of 5