PURCHASE AGREEMENTPurchase Agreement • November 21st, 2022 • BitNile Holdings, Inc. • Electronic components, nec • New York
THIS PURCHASE AGREEMENT (“Agreement”) is made as of the 18th day of November, 2022, by and among BitNile, Inc., a Nevada corporation (the “Company”), and each investor identified on the signature pages hereto (each, including its successors and assigns, an “Investor” and collectively, the “Investors”).
SECURITY AGREEMENTSecurity Agreement • November 21st, 2022 • BitNile Holdings, Inc. • Electronic components, nec • New York
THIS SECURITY AGREEMENT (this “Security Agreement”) is entered into as of November 18, 2022 by and among BitNile, Inc., a Nevada corporation with offices located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas Nevada 89141 (“Debtor”), Ault Lending, LLC, a California limited liability company (“Ault Lending” and together with Debtor, the “Grantors”) and Helios Funds LLC, a New York limited liability company with offices located at 45 Broadway – 19th Floor, New York, New York 10006, as collateral agent acting in the manner and to the extent described in the Collateral Agent Agreement defined below (the “Collateral Agent”) for the benefit of the holders of the Debtor’s 3% Secured Promissory Notes (each a “Secured Party” and collectively, the “Secured Parties”).
3% SECURED PROMISSORY NOTEBitNile Holdings, Inc. • November 21st, 2022 • Electronic components, nec • New York
THIS NOTE of BitNile, Inc., a Nevada corporation, having a principal place of business at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, Nevada 89141 (the “Company”), designated as its 3% Secured Promissory Note (the “Note”). Capitalized terms used herein not otherwise defined shall have the meaning ascribed to them in the Purchase Agreement by and among the Company and the Investors named therein (“Purchase Agreement”).
