SECOND AMENDMENT TO THE EQUIPMENT FINANCE AND SECURITY AGREEMENT dated April 1, 2021
Exhibit 10.7
SECOND AMENDMENT
TO THE
EQUIPMENT FINANCE AND SECURITY AGREEMENT
dated
April 1, 2021
WHEREAS:
| (A) | Foundry Digital LLC (“Foundry”) and Cosmos Infrastructure LLC (“Cosmos”) entered into the Equipment Finance and Security Agreement, dated January 27, 2021 (“Agreement”); |
| (B) | Pursuant to the Agreement, Cosmos agreed to finance certain mining equipment (“Equipment”) from Foundry; |
| (C) | Cosmos, as Borrower, amended the Payment Schedule of the Agreement via amendment, dated February 5, 2021 (“Amendment”); and |
| (D) | Cosmos now seeks to amend Schedule B of the Agreement in its entirety by executing an amendment to the Agreement. |
NOW THEREFORE, the parties agree to amend the Agreement (“Second Amendment”) as follows:
| (1) | Schedule B Replacement- Schedule B of the Agreement shall be deleted in its entirety and replaced with the attached Schedule B. |
| (2) | No Other Modification. Except as specifically modified herein, all of the terms and conditions of the Agreement shall remain unchanged and in full force and effect. |
[Signature page follows]
IN WITNESS WHEREOF, each of the undersigned has executed this Agreement as of the date first written above.
| COSMOS INFRASTRUCTURE LLC | ||
| Per: | /s/ Xxxxx Xxxxxxx | |
| Name: | Xxxxx Xxxxxxx | |
| Title: | CEO | |
| FOUNDRY DIGITAL LLC | ||
| Per: | /s/ Xxxx Xxxxxx | |
| Name: | Xxxx Xxxxxx | |
| Title: | CEO | |
2
SCHEDULE “B”
DESCRIPTION OF PROPERTY
| Manufacturer | Model | Units Delivered | |||||||
| MicroBT | Whatsminer M30S-84T | 32 | |||||||
| MicroBT | Whatsminer M30S-86T | 168 | |||||||
| MicroBT | Whatsminer M30S-88T | 149 | |||||||
| MicroBT | Whatsminer M30S-90T | 129 | |||||||
| MicroBT | Whatsminer M30S-92T | 22 | |||||||
Total Units Delivered: 500
Serial numbers for each unit included below:
SVM1ES503820121308630123943A00017
SVM1ES503820121308630123943A00060
SVM1ES503820121308630123943A00057
SVM1ES603820121509030124143A00058
SVM1ES503820121408630123943A00010
SVM1ES503820121408630123943A00012
SVM1ES503820121408630123943A00005
SVM1ES503820121408630123943A00002
SVM1ES503820121308630123943A00019
SVM1ES503820121208630123943A00096
SVM1ES603820121509030124143A00092
SVM1ES503820121208630123943A00107
SVM1ES503820121308630123943A00052
SVM1ES503820121308630123943A00003
SVM1ES503820121308630123943A00049
SVM1ES503820121308630123943A00063
SVM1ES503820121308630123943A00047
SVM1ES603820121509030124143A00083
SVM1ES603820121509030124143A00042
SVM1ES603820121509030124143A00063
SVM1ES603820121509030124143A00089
SVM1ES503820121408630123943A00001
SVM1ES503820121408630123943A00008
SVM1ES503820121408630123943A00014
SVM1ES603820121708630124143A00031
SVM1ES603820121608630124143A00023
SVM1ES603820121608630124143A00004
SVM1ES603820121508630124143A00086
SVM1ES603820121609030124143A00052
SVM1ES603820121509030124143A00081
SVM1ES603820121509030124143A00075
SVM1ES603820121808630124143A00007
SVM1ES603820121608630124143A00105
SVM1ES603820121608630124143A00001
SVM1ES603820121508630124143A00085
SVM1ES603820121609030124143A00019
SVM1ES603820121509030124143A00057
SVM1ES603820121509030124143A00066
SVM1ES603820122208630124143A00105
3
SVM1ES603820121608630124143A00046
SVM1ES603820121608630124143A00022
SVM1ES603820121508630124143A00127
SVM1ES603820121609030124143A00047
SVM1ES603820121509030124143A00062
SVM1ES603820121509030124143A00065
SVM1ES603820121708630124143A00029
SVM1ES603820121608630124143A00027
SVM1ES603820121608630124143A00006
SVM1ES603820121508630124143A00069
SVM1ES603820121609030124143A00017
SVM1ES603820121509030124143A00139
SVM1ES603820121509030124143A00061
SVM1ES603820121808630124143A00005
SVM1ES603820121708630124143A00013
SVM1ES603820121608630124143A00010
SVM1ES603820121508630124143A00096
SVM1ES603820121609030124143A00029
SVM1ES603820121509030124143A00072
SVM1ES603820121509030124143A00071
SVM1ES603820122208630124143A00106
SVM1ES603820121608630124143A00044
SVM1ES603820121608630124143A00005
SVM1ES603820121508630124143A00084
SVM1ES603820121509030124143A00138
SVM1ES603820121509030124143A00100
SVM1ES603820121509030124143A00074
SVM1ES603820121808630124143A00002
SVM1ES603820121608630124143A00031
SVM1ES603820121608630124143A00013
SVM1ES603820121508630124143A00038
SVM1ES603820121508630124143A00129
SVM1ES603820121509030124143A00095
SVM1ES603820121509030124143A00067
SVM1ES603820121808630124143A00015
SVM1ES603820121608630124143A00024
SVM1ES603820121608630124143A00002
SVM1ES603820121508630124143A00128
SVM1ES603820121508630124143A00134
SVM1ES603820121509030124143A00098
SVM1ES603820121509030124143A00073
SVM1ES603820122208630124143A00111
SVM1ES603820121608630124143A00035
SVM1ES603820121608630124143A00037
SVM1ES603820121608630124143A00016
SVM1ES603820121508630124143A00130
SVM1ES603820121509030124143A00099
SVM1ES603820121509030124143A00076
SVM1ES603820122308630124143A00074
SVM1ES603820122308630124143A00080
SVM1ES603820122208630124143A00113
SVM1ES603820122208630124143A00108
SVM1ES603820122208630124143A00112
SVM1ES603820122308630124143A00014
SVM1ES603820122308630124143A00003
SVM1ES603820122409030124143A00009
SVM1ES603820122509030124143A00003
SVM1ES603820122509030124143A00011
SVM1ES603820122508630124143A00016
SVM1ES603820122508630124143A00009
SVM1ES603820122408630124143A00035
SVM1ES504020121308630123943A00039
SVM1ES504020121308630123943A00064
SVM1ES603820122509030124143A00024
SVM1ES603620122509230124143A00028
4
SVM1ES603820122508630124143A00027
SVM1ES603820122509030124143A00021
SVM1ES504020121708630123943A00018
SVM1ES603820122409030124143A00012
SVM1ES603820122308630124143A00129
SVM1ES603820122308630124143A00135
SVM1ES603820122308630124143A00134
SVM1ES603820122509030124143A00014
SVM1ES603820122409030124143A00020
SVM1ES603820122509030124143A00017
SVM1ES603820122409030124143A00010
SVM1ES504020121308630123943A00061
SVM1ES504020121408630123943A00027
SVM1ES504020121308630123943A00066
SVM1ES504020121308630123943A00054
SVM1ES504020121408630123943A00036
SVM1ES504020121108630123943A00097
SVM1ES504020121308630123943A00050
SVM1ES603820122409030124143A00001
SVM1ES603820122509030124143A00032
SVM1ES603820122508630124143A00020
SVM1ES603820122409030124143A00032
SVM1ES504020121708630123943A00015
SVM1ES603820122409030124143A00015
SVM1ES603820122409030124143A00006
SVM1ES603820122308630124143A00128
SVM1ES603820122308630124143A00084
SVM1ES603820122308630124143A00082
SVM1ES603820122308630124143A00081
SVM1ES603820122308630124143A00087
SVM1ES603820122308630124143A00125
SVM1ES603820122308630124143A00127
SVM1ES603820122409030124143A00017
SVM1ES603820122409030124143A00031
SVM1ES603820122509030124143A00004
SVM1ES603820122509030124143A00005
SVM1ES603820122409030124143A00014
SVM1ES603820122409030124143A00033
SVM1ES504020121408630123943A00082
SVM1ES603820122509030124143A00026
SVM1ES604020120308430124143A00083
SVM1ES603820122508630124143A00022
SVM1ES603820122409030124143A00028
SVM1ES603820122509030124143A00025
SVM1ES603820122409030124143A00002
SVM1ES604020122508430124143A00023
SVM1ES603820121208630124143A00122
SVM1ES603820121308630124143A00044
SVM1ES603820121508630124143A00001
SVM1ES603820121508830124143A00010
SVM1ES603820121508630124143A00025
SVM1ES603820121308630124143A00051
SVM1ES603820122108430124143A00007
SVM1ES603820121208630124143A00115
SVM1ES603820121908430124143A00029
SVM1ES603820121508830124143A00048
SVM1ES603820121208430124143A00116
SVM1ES603820121508830124143A00044
SVM1ES603820121208430124143A00113
SVM1ES603820121208430124143A00114
SVM1ES603820121508630124143A00009
SVM1ES603820121508830124143A00037
SVM1ES603820121508830124143A00043
SVM1ES603820121508430124143A00024
SVM1ES603820121908430124143A00013
5
SVM1ES603820121308830124143A00065
SVM1ES603820121508830124143A00078
SVM1ES603820122108430124143A00008
SVM1ES603820121908430124143A00050
SVM1ES603820122108430124143A00026
SVM1ES603820121508830124143A00050
SVM1ES603820121708830124143A00027
SVM1ES603820122408830124143A00029
SVM1ES603820122408830124143A00030
SVM1ES603820121508830124143A00080
SVM1ES603820122208430124143A00089
SVM1ES603820122208430124143A00018
SVM1ES603820122308430124143A00073
SVM1ES603820121508830124143A00133
SVM1ES603820121608830124143A00015
SVM1ES603820121508830124143A00091
SVM1ES603820121508630124143A00031
SVM1ES603820112808830124143A00068
SVM1ES603820121708830124143A00030
SVM1ES603820112708830124143A00083
SVM1ES603820122208430124143A00075
SVM1ES603820121508830124143A00079
SVM1ES603820121808430124143A00017
SVM1ES603820121308630124143A00026
SVM1ES603820121608830124143A00030
SVM1ES603820121508830124143A00132
SVM1ES603820121508830124143A00097
SVM1ES603820121208430124143A00093
SVM1ES603820121508630124143A00041
SVM1ES603820121508830124143A00047
SVM1ES603820121508630124143A00034
SVM1ES603820121608830124143A00018
SVM1ES603820122408830124143A00011
SVM1ES603820122308430124143A00002
SVM1ES603820121508830124143A00077
SVM1ES603820122108430124143A00011
SVM1ES603820121608830124143A00113
SVM1ES603820121608830124143A00014
SVM1ES603820121508830124143A00131
SVM1ES603820121508830124143A00055
SVM1ES603820121808830124143A00001
SVM1ES603820121708830124143A00033
SVM1ES603820121608830124143A00102
SVM1ES603820121508830124143A00064
SVM1ES604020122108430124143A00016
SVM1ES603820121608830124143A00045
SVM1ES603820121608830124143A00041
SVM1ES603820121608830124143A00081
SVM1ES603820121508630124143A00036
SVM1ES603820121208830124143A00066
SVM1ES603820121208830124143A00011
SVM1ES603820122408830124143A00027
SVM1ES603820121508830124143A00135
SVM1ES503820121408830123943A00007
SVM1ES503820121308830123943A00034
SVM1ES503820121308830123943A00024
SVM1ES603820121608830124143A00026
SVM1ES603820121608830124143A00021
SVM1ES603820121208830124143A00068
SVM1ES503820121408830123943A00075
SVM1ES503820121408830123943A00074
SVM1ES603820122108430124143A00002
SVM1ES603820121308430124143A00015
SVM1ES503820121308830123943A00038
SVM1ES503820121308830123943A00031
6
SVM1ES503820121408830123943A00009
SVM1ES603820121608430124143A00043
SVM1ES603820121608830124143A00007
SVM1ES503820121408830123943A00048
SVM1ES503820121608830123943A00059
SVM1ES604020121608630124143A00048
SVM1ES603820121708830124143A00028
SVM1ES603820122208430124143A00087
SVM1ES503820121408830123943A00086
SVM1ES603820121208830124143A00003
SVM1ES503820121408830123943A00056
SVM1ES603820122208430124143A00090
SVM1ES603820121608830124143A00012
SVM1ES503820121408830123943A00072
SVM1ES603620122209230124143A00047
SVM1ES503820121408830123943A00083
SVM1ES503820121308830123943A00045
SVM1ES603820121208830124143A00053
SVM1ES503820121108830123943A00087
SVM1ES503820121308830123943A00062
SVM1ES503820121308830123943A00010
SVM1ES503820121408830123943A00077
SVM1ES503820121508830123943A00011
SVM1ES503820121508830123943A00102
SVM1ES503820121108830123943A00085
SVM1ES603820121208830124143A00051
SVM1ES603820121609230124143A00110
SVM1ES603820122209230124143A00021
SVM1ES603820121509230124143A00040
SVM1ES604020121508630124143A00054
SVM1ES604020121608630124143A00008
SVM1ES603820121209230124143A00064
SVM1ES604020121608630124143A00011
SVM1ES603620122309230124143A00132
SVM1ES604020121608630124143A00003
SVM1ES603620122209230124143A00101
SVM1ES603620122309230124143A00131
SVM1ES503820121408830123943A00066
SVM1ES603620122509230124143A00001
SVM1ES604020121508630124143A00136
SVM1ES603820121209230124143A00091
SVM1ES603820121509230124143A00068
SVM1ES603620122509230124143A00002
SVM1ES503820121408830123943A00029
SVM1ES503820121108830123943A00093
SVM1ES503820121408830123943A00076
SVM1ES503820121308830123943A00021
SVM1ES604020121508630124143A00088
SVM1ES603820121509230124143A00016
SVM1ES603620122509230124143A00007
SVM1ES603620122509230124143A00006
SVM1ES503820121408830123943A00070
SVM1ES503820121408830123943A00089
SVM1ES503820121408830123943A00060
SVM1ES603620122209030124143A00015
SVM1ES503820121308830123943A00016
SVM1ES603620122209230124143A00092
SVM1ES603820121209230124143A00071
SVM1ES603620122209030124143A00042
SVM1ES603620122309230124143A00133
SVM1ES503820121508830123943A00022
SVM1ES604020121508430124143A00137
SVM1ES603620122309230124143A00124
SVM1ES604020122208630124143A00069
SVM1ES604020121608630124143A00038
7
SVM1ES603820122408830124143A00034
SVM1ES603820121209030124143A00067
SVM1ES603820121209030124143A00055
SVM1ES603820121209030124143A00037
SVM1ES603820121209030124143A00062
SVM1ES603820121209030124143A00056
SVM1ES603820121109030124143A00096
SVM1ES603820121209030124143A00052
SVM1ES603820121209030124143A00027
SVM1ES603820121209030124143A00006
SVM1ES603820121209030124143A00036
SVM1ES603820121209030124143A00023
SVM1ES603820121109030124143A00043
SVM1ES603820121109030124143A00020
SVM1ES603820121109030124143A00041
SVM1ES603820121209030124143A00014
SVM1ES603820121109030124143A00069
SVM1ES603820121109030124143A00051
SVM1ES503820121608630123943A00068
SVM1ES603820121209030124143A00008
SVM1ES603820121209030124143A00012
SVM1ES503820121608630123943A00060
SVM1ES603820121109030124143A00066
SVM1ES503820121608630123943A00062
SVM1ES503820121508630123943A00101
SVM1ES603820121109030124143A00062
SVM1ES503820121408630123943A00084
SVM1ES503820121508630123943A00005
SVM1ES503820121308630123943A00001
SVM1ES503820121308630123943A00004
SVM1ES503820121408630123943A00062
SVM1ES503820121408630123943A00079
SVM1ES503820121408630123943A00095
SVM1ES503820121408630123943A00078
SVM1ES603820121109030124143A00055
SVM1ES503820121308630123943A00006
SVM1ES503820121408830123943A00026
SVM1ES604020121608430124143A00050
SVM1ES604020121608430124143A00049
SVM1ES503820121408630123943A00030
SVM1ES503820121408630123943A00081
SVM1ES604020122208430124143A00048
SVM1ES503820121308830123943A00023
SVM1ES603820122508830124143A00010
SVM1ES603620122309230124143A00130
SVM1ES503820121608630123943A00056
SVM1ES604020121608430124143A00009
SVM1ES604020121508430124143A00056
SVM1ES503820121508830123943A00008
SVM1ES503820121508830123943A00007
SVM1ES603820121609230124143A00108
SVM1ES603820121209030124143A00058
SVM1ES603820121209030124143A00070
SVM1ES603820121209030124143A00045
SVM1ES603820121209030124143A00049
SVM1ES603820121208830124143A00022
SVM1ES603820121209030124143A00004
SVM1ES603820121108830124143A00039
SVM1ES603820121208830124143A00032
SVM1ES603820121108830124143A00024
SVM1ES603820121109030124143A00063
SVM1ES603820121209030124143A00024
SVM1ES603820121108830124143A00095
SVM1ES603820121209030124143A00017
SVM1ES603820121209030124143A00015
8
SVM1ES603820121209030124143A00028
SVM1ES603820121108830124143A00034
SVM1ES603820121208830124143A00005
SVM1ES603820121208830124143A00050
SVM1ES603820121108830124143A00019
SVM1ES603820121209030124143A00033
SVM1ES603820121108830124143A00061
SVM1ES603820121108830124143A00045
SVM1ES603820121108830124143A00027
SVM1ES603820121208830124143A00009
SVM1ES603820121108830124143A00025
SVM1ES603820121108830124143A00037
SVM1ES603820121108830124143A00030
SVM1ES603820121108830124143A00017
SVM1ES603820121108830124143A00050
SVM1ES603820121108830124143A00094
SVM1ES603820121108830124143A00023
SVM1ES603820121208830124143A00026
SVM1ES603820121208830124143A00016
SVM1ES603820121108830124143A00029
SVM1ES603820121108830124143A00026
SVM1ES603820121208830124143A00021
SVM1ES603820121108630124143A00022
SVM1ES603820121209030124143A00019
SVM1ES603820121109030124143A00068
SVM1ES603820121208830124143A00030
SVM1ES603820121208630124143A00002
SVM1ES603820121208630124143A00013
SVM1ES603820121209030124143A00063
SVM1ES603820121108830124143A00054
SVM1ES603820121108830124143A00028
SVM1ES603820121108630124143A00033
SVM1ES603820121108630124143A00035
SVM1ES603820121108830124143A00060
SVM1ES603820121108830124143A00047
SVM1ES603820121208830124143A00034
SVM1ES603820121108630124143A00018
SVM1ES603820121108630124143A00049
SVM1ES603820121108630124143A00048
SVM1ES603820121208830124143A00001
SVM1ES603820121108630124143A00044
SVM1ES603820121208830124143A00054
SVM1ES603820121208830124143A00103
SVM1ES603820121208830124143A00073
SVM1ES603820121208630124143A00007
SVM1ES603820121208830124143A00102
SVM1ES603820121208830124143A00106
SVM1ES603820121308630124143A00071
SVM1ES603820121208630124143A00105
SVM1ES603820121208630124143A00110
SVM1ES603820121208630124143A00109
SVM1ES603820121208830124143A00108
SVM1ES603820121208630124143A00123
SVM1ES603820121208830124143A00098
SVM1ES603820121208830124143A00131
SVM1ES603820121208830124143A00117
SVM1ES603820121208830124143A00118
SVM1ES603820121208830124143A00119
SVM1ES603820121208830124143A00120
SVM1ES603820121208830124143A00129
SVM1ES603820121208830124143A00121
SVM1ES603820121208630124143A00126
SVM1ES603820121208630124143A00125
SVM1ES603820121308830124143A00012
SVM1ES603820121308830124143A00030
9
SVM1ES603820121508830124143A00029
SVM1ES603820121308830124143A00069
SVM1ES603820121508630124143A00032
SVM1ES603820121508830124143A00060
SVM1ES603820121508630124143A00030
SVM1ES603820121308830124143A00076
SVM1ES603820121408830124143A00071
SVM1ES603820121508830124143A00027
SVM1ES603820121208630124143A00065
SVM1ES603820121208630124143A00111
SVM1ES603820121508830124143A00039
SVM1ES603820121508830124143A00033
SVM1ES603820121308830124143A00046
SVM1ES603820121508630124143A00006
SVM1ES603820121508830124143A00028
SVM1ES603820121408830124143A00105
SVM1ES603820121508830124143A00049
SVM1ES603820121508830124143A00045
SVM1ES603820121208630124143A00094
SVM1ES603820121508830124143A00019
SVM1ES603820121208630124143A00025
SVM1ES603820121209030124143A00127
SVM1ES603820121209030124143A00074
SVM1ES603820121209030124143A00130
SVM1ES603820121209030124143A00089
SVM1ES603820121209030124143A00112
SVM1ES603820121309030124143A00042
SVM1ES603820121309030124143A00072
SVM1ES603820121209030124143A00133
SVM1ES603820121209030124143A00124
SVM1ES603820121209030124143A00128
10
SVM1ES603820121309030124143A00077
SVM1ES603820121309030124143A00073
SVM1ES603820121509030124143A00023
SVM1ES603820121309030124143A00070
SVM1ES603820121309030124143A00075
SVM1ES603820121509030124143A00003
SVM1ES603820121309030124143A00068
SVM1ES603820121509030124143A00004
SVM1ES603820121309030124143A00067
SVM1ES603820121409030124143A00067
SVM1ES603820121409030124143A00100
SVM1ES603820121509030124143A00012
SVM1ES603820121509030124143A00013
SVM1ES603820121509030124143A00021
SVM1ES603820121409030124143A00102
SVM1ES503820121308630123943A00036
SVM1ES603820121409030124143A00104
SVM1ES603820121509030124143A00018
SVM1ES603820121509030124143A00014
SVM1ES603820121509030124143A00002
SVM1ES503820121408630123943A00013
SVM1ES503820121408630123943A00015
SVM1ES503820121408630123943A00025
SVM1ES603820121509030124143A00017
SVM1ES603820121409030124143A00097
SVM1ES503820121408630123943A00063
SVM1ES503820121408630123943A00003
SVM1ES503820121408630123943A00018
SVM1ES603820121509030124143A00015
SVM1ES603820121309030124143A00058
SVM1ES503820121408630123943A00019
SVM1ES503820121408630123943A00024
SVM1ES503820121408630123943A00023
SVM1ES503820121408630123943A00016
SVM1ES603820121409030124143A00099
SVM1ES503820121408630123943A00046
SVM1ES503820121408630123943A00032
SVM1ES503820121408630123943A00028
SVM1ES603820121509030124143A00026
SVM1ES603820121409030124143A00101
11
