On January 19, 2023, EzFill Holdings Inc. (the “Company”) and South Florida Motosports, LLC (“SFM”), the promoter of the Formula 1 Miami Grand Prix, entered into a Master Services Agreement (the “Agreement”), with a retroactive start date of January 1, 2023 (the “Effective Date”) and termination date of July 31, 2025 (subect to earlier termination as provide in the Agreement) (the “Term”). SFM engaged the Company to provide as a non-exclusive, independent contractor of SFM, fuel arrangement, scheduling, transportation, delivery, transferring/pumping/dispensing, and related services for certain passenger motor vehicles, commercial vehicles, industrial/heavy equipment, and all-terrain vehicles/golf carts (the “Services”), which SFM may request in its sole discretion, during the Term. When SFM and the Company have agreed upon the nature, price, and schedule of the Services to be performed for a project or the Formula 1 Miami Grand Prix, they shall complete a Statement of Work order (the “SOW”).

Should the parties wish to add to or otherwise modify the services set forth in any SOW all such changes shall be set forth in writing signed by the parties in change order (“Change Order”). SFM will pay the fees specified on each SOW or Change Order. At the conclusion of the Term, the Agreement will continue to be effective, and the Term shall be extended, on a month-to-month basis until either party gives the other party written notice not less than thirty (30) days in advance, specifying the date of termination.

Excluding the termination exceptions below, no termination pursuant to an aforementioned written notice shall become effective (i) during the term of any SOW or Change Order, or (ii) prior to the completion of the Services set forth in any SOW or Change Order. After July 31, 2023, SFM may terminate the Agreement and/or any SOW or Change Order at any time, and for any reason or for no reason, immediately upon written notice to the Company and without any liability to the Company by virtue of such termination; provided, however, that (i) SFM shall provide the Company with such written notice by no later than the December 1st immediately prior to the Miami Grand Prix; and (ii) the Company shall be paid for all the Services performed for SFM up to the date of termination that are not in dispute. If SFM bases its decision to terminate solely on more competitive pricing being offered by another third-party contractor, then SFM shall give the Company at least ten (10) days written notice and provide the Company with an opportunity to match such competitive pricing by submitting a bid and/or quote for review by SFM, it being understood that (i) the Company shall be afforded no special dispensations that such third-party competitor is not also afforded, and (ii) SFM shall have no obligation to award such services to the Company unless such bid and/or quote submitted by the Company matches the more competitive third-party pricing offered to SFM.