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.
