PREPAID FORWARD PURCHASE AGREEMENTPrepaid Forward Purchase Agreement • March 16th, 2023 • Quest Patent Research Corp • Wholesale-miscellaneous nondurable goods • New York
This Prepaid Forward Purchase Agreement (as amended from time to time, the “Purchase Agreement”) is made by and among Quest Patent Research Corporation, a Delaware corporation (“Quest”), Harbor Island Dynamic LLC, a Texas limited liability company (“Harbor,” and, together with Quest collectively, “Seller”), and QPRC Finance III LLC (“Buyer”), a Delaware limited liability company (each, a “Party,” and collectively, the “Parties”). This Purchase Agreement is effective as of March 12, 2023 (the “Effective Date”). Terms used herein but not otherwise defined shall have the meanings set forth in Schedule I and the exhibits hereto.
SECURITY AGREEMENTSecurity Agreement • March 16th, 2023 • Quest Patent Research Corp • Wholesale-miscellaneous nondurable goods
This Security Agreement (as amended from time to time, the “Security Agreement”), is made by and between is made by and among Quest Patent Research Corporation, a Delaware corporation (“Quest”), Harbor Island Dynamic LLC, a Texas limited liability company (“Harbor,” and, together with Quest collectively, “Seller”), and QPRC Finance III LLC (“Buyer”), a Delaware limited liability company (each, a “Party,” and collectively, the “Parties”). This Security Agreement (a) is effective as of March 12, 2023 (the “Effective Date”) Reference is made to that certain Prepaid Forward Purchase Agreement between Buyer and Seller, dated effective as the Effective Date (as it may be amended from time to time, the “Purchase Agreement”).
PATENT SECURITY AGREEMENTPatent Security Agreement • March 16th, 2023 • Quest Patent Research Corp • Wholesale-miscellaneous nondurable goods
This Patent Security Agreement (the “Patent Security Agreement”) is made by and among Quest Patent Research Corporation, a Delaware corporation (“Quest”), Harbor Island Dynamic LLC, a Texas limited liability company (“Harbor,” and, together with Quest, “Grantor”) and QPRC Finance III LLC (“Grantee”), a Delaware limited liability company (each, a “Party,” and collectively, the “Parties”). This Patent Security Agreement is effective as of March 12, 2023 (the “Patent Security Agreement Effective Date”). Reference is made to that certain Prepaid Forward Purchase Agreement between Buyer and Grantor, dated effective as of March 12, 2023 (as it may be amended from time to time, the “Purchase Agreement”).
