AMENDMENT TO SECURED CREDIT NOTESecured Credit Note • November 14th, 2024 • Pineapple Energy Inc. • Telephone & telegraph apparatus
This Amendment is made on November 1, 2024, and is retroactive to July 22, 2024 (the “Effective Date”), between Pineapple Energy, Inc. (“Borrower”) and MBB Energy, LLC (“Lender”). This Amendment amends the Secured Credit Note, dated July 22, 2024 between Borrower and Lender (the “Credit Note”) as provided herein, and to the defined term of the Secured Credit Agreement set forth below. Capitalized terms used in this Amendment shall have the meanings ascribed to them in the Credit Note, other than as set forth below.
SECOND AMENDMENT TO REVENUE LOAN AND SECURITY AGREEMENTRevenue Loan and Security Agreement • November 14th, 2024 • Pineapple Energy Inc. • Telephone & telegraph apparatus
This second amendment (this “Amendment”) to that certain Revenue Loan and Security Agreement dated June 1, 2023, as amended by the First Amendment executed on or about July 18, 2024 (as amended, the “Agreement”), by and among Pineapple Energy Inc. (the “Company”), the parties listed under the heading “Guarantors” on the signature pages attached hereto (each, a “Guarantor,” collectively, the “Guarantors;” each of Company and each Guarantor are referred to herein as a “Company Entity,” and together as the “Company Entities”), and Decathlon Specialty Finance, LLC, a Delaware limited liability company is effective September 12, 2024 (the “Second Amendment Date”). Decathlon Specialty Finance, LLC has assigned the Agreement to Decathlon Growth Credit, LLC (“Lender”). Unless otherwise defined herein, all capitalized terms have the meanings given to them in the Agreement.
AMENDMENT TO SECOND AMENDED AND RESTATED CONVERTIBLE SECURED CREDIT NOTE; and TO THE CREDIT AGREEMENTThe Credit Agreement • November 14th, 2024 • Pineapple Energy Inc. • Telephone & telegraph apparatus
This Amendment is made on November 1, 2024, and is retroactive to July 22, 2024 (“Effective Date”), between Pineapple Energy, Inc. (“Borrower”) and Conduit Capital U.S. Holdings LLC (“Lender”). This Amendment amends the Second Amended and Restated Convertible Secured Credit Note, dated September 23, 2024 between Borrower and Lender (the “Credit Note”) as provided herein, and to the defined term of the Secured Credit Agreement set forth below. Capitalized terms used in this Amendment shall have the meanings ascribed to them in the Credit Note, other than as set forth below.
CONSENT AND AMENDMENT NO. 4 TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • November 14th, 2024 • Pineapple Energy Inc. • Telephone & telegraph apparatus • California
AGREEMENT (this “Amendment”) is made and dated as of September 20, 2024 (the “Third Amendment Date”) and is entered into by and among PINEAPPLE ENERGY LLC (“PE LLC”), a Delaware limited liability company, for itself and on behalf of any Subsidiary, PINEAPPLE ENERGY INC. (PE Inc.”), a Minnesota corporation, for itself and on behalf of any Subsidiary, and each other Person that has delivered a Joinder Agreement pursuant to Section 7.12 or otherwise from time to time party hereto (together with PE LLC and PE Inc., individually or collectively, as the context may require “Borrower”), and HERCULES CAPITAL, INC., a Maryland corporation, in its capacity as Lender (“Lender”) and as administrative agent and collateral agent for itself and the Lender (in such capacity, “Agent”).
