REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • March 19th, 2020 • 4Less Group, Inc. • Services-business services, nec • California
This REGISTRATION RIGHTS AGREEMENT (the “Agreement”), dated as of February 4, 2020 (the “Execution Date”), is entered into by and between The 4 Less Group, Inc., a Nevada corporation with its mailing address at 4580 N. Rancho Dr. #130, Las Vegas, NV 89130 (the “Company”), and GC Investments I, LLC, a California limited liability company, with offices at 18201 Von Karman Ave., Suite 300, Irvine, CA 92612 (the “Investor”).
STANDBY EQUITY COMMITMENT AGREEMENT (SECA)Equity Commitment Agreement • March 19th, 2020 • 4Less Group, Inc. • Services-business services, nec • California
This STANDBY EQUITY COMMITMENT AGREEMENT (this “Agreement”), dated as of February 4, 2020 (the “Execution Date”), is entered into by and between The 4 Less Group, Inc., a Nevada corporation with its mailing address at 4580 N. Rancho Dr. #130, Las Vegas, NV 89130 (the “Company”), and GC Investments I, LLC, a California limited liability company, with offices at 18201 Von Karman Ave., Suite 300, Irvine, CA 92612 (the “Investor”).
PROMISSORY NOTE4Less Group, Inc. • March 19th, 2020 • Services-business services, nec • California
FOR VALUE RECEIVED, The 4 Less Group, Inc., a Nevada corporation with no par value per common share (“Par Value”) (the “Company”), hereby promises to pay to the order of GC Investments I, LLC or registered assigns (the “Holder”) the amount set out above as the Original Principal Amount (as reduced pursuant to the terms hereof pursuant to redemption, conversion or otherwise, the “Principal”) when due, whether upon the Maturity Date (as defined below), acceleration, redemption or otherwise (in each case in accordance with the terms hereof) and to pay interest (“Interest”) on any outstanding Principal at the applicable Interest Rate from the date set out above as the Issuance Date (the “Issuance Date”) until the same becomes due and payable, upon the Maturity Date or acceleration, conversion, redemption or otherwise (in each case in accordance with the terms hereof).
