PUT AGREEMENTPut Agreement • October 17th, 2019 • ARC Group, Inc. • Patent owners & lessors • Florida
This PUT AGREEMENT (this “Agreement”) dated as of October 11, 2019 (the “Effective Date”), is entered into by and among ARC Group, Inc., a Nevada corporation (the “Parent”), ARC WingHouse, LLC, a Florida limited liability company (“Purchaser” and, together with Parent, “Company”) and Soaring Wings, LLC, a Florida limited liability company (“Soaring Wings”). All capitalized terms used but not defined in this Agreement have the meanings assigned to them in the Asset Purchase Agreement (as defined below).
LOAN AGREEMENTLoan Agreement • October 17th, 2019 • ARC Group, Inc. • Patent owners & lessors • Florida
THIS LOAN AGREEMENT (this “Agreement”), dated as of this 11th day of October, 2019, by and between ARC WINGHOUSE LLC, a Florida limited liability company (the “Borrower”), whose address is 1409 Kingsley Avenue, Suite 2, Orange Park, Florida 32073, and CITY NATIONAL BANK OF FLORIDA, its successors and/or assigns (the “Lender”), whose address is 25 West Flagler Street, Miami, Florida 33130.
SECURITY AGREEMENTSecurity Agreement • October 17th, 2019 • ARC Group, Inc. • Patent owners & lessors • Florida
