LOAN AND SECURITY AGREEMENT Dated as of October 22, 2024 between INNVENTURE LLC, a Delaware limited liability company, as “Borrower”, and WTI FUND X, INC., a Maryland corporation, and WTI FUND XI, INC., a Maryland corporation, each, as “Lender”Loan and Security Agreement • October 23rd, 2024 • Innventure, Inc. • Blank checks • California
Borrower and each of WTI Fund X, Inc. (“Fund 10”) and WTI Fund XI, Inc. (“Fund 11”) have entered or anticipate entering into one or more transactions pursuant to which each Lender severally and not jointly agrees to make available to Borrower a loan facility governed by the terms and conditions set forth in this document and one or more Supplements executed by Borrower and Lender which incorporate this Agreement by reference. Each Supplement constitutes a supplement to and forms part of this Agreement, and will be read and construed as one with this document, so that this document and the Supplement constitute a single agreement between the parties.
SUPPLEMENT to the Loan and Security Agreement dated as of October 22, 2024 between Innventure LLC (“Borrower”) and WTI Fund X, Inc. (“Fund 10”) and WTI Fund XI, Inc. (“Fund 11”) (each of Fund 10 and Fund 11, as “Lender”)Loan and Security Agreement Supplement • October 23rd, 2024 • Innventure, Inc. • Blank checks
This is a Supplement identified in the document entitled Loan and Security Agreement, dated as of October 22, 2024 (as amended, restated, supplemented and modified from time to time, the “Loan and Security Agreement”), by and between Borrower and each Lender. All capitalized terms used in this Supplement and not otherwise defined in this Supplement have the meanings ascribed to them in Article 10 of the Loan and Security Agreement, which is incorporated in its entirety into this Supplement. In the event of any inconsistency between the provisions of the Loan and Security Agreement and this Supplement, this Supplement is controlling.
