FORM OF EQUITY EXCHANGE RIGHT AGREEMENT BETWEEN THE REGISTRANT AND THOMAS HENDRIX
Standard Nuclear, Inc.
EQUITY EXCHANGE RIGHT AGREEMENT
THIS EQUITY EXCHANGE RIGHT AGREEMENT (this “Agreement”) is made and entered into as of [●], 2026, by and between Standard Nuclear, Inc., a Delaware corporation (the “Company”), and Thomas Hendrix (“Founder”).
WHEREAS, the Company’s board of directors (the “Board”) has determined that it is in the best interests of the Company and its stockholders to update the Company’s existing dual class common stock structure in connection with the Company’s initial public offering of its capital stock (the “IPO”) to, among other things, enable the Company to execute its long-term vision;
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