BALLANTYNE STRONG, INC. STOCK GRANT AGREEMENTStock Grant Agreement • February 3rd, 2022 • Ballantyne Strong, Inc. • Photographic equipment & supplies • Delaware
THIS STOCK GRANT AGREEMENT (the “Agreement”) entered into to be effective as of February 1, 2022 (the “Effective Date”), by and between Ballantyne Strong, Inc., a Delaware corporation (the “Corporation”), and Metrolina Capital Investors, LLC, a North Carolina limited liability company (“Shareholder”).
COMMERCIAL LOAN AGREEMENT (Secured by Real Property)Commercial Loan Agreement • February 3rd, 2022 • Ballantyne Strong, Inc. • Photographic equipment & supplies • North Carolina
● Collectively referred to as the “Borrower” herein, are Ballantyne Strong, Inc., a Delaware corporation whose address for notice purposes is 4201 Congress Street, Suite 175, Charlotte, NC 28209; and Digital Ignition, LLC, a Georgia limited liability company whose address for notice purposes hereunder is 190 Bluegrass Valley Parkway, Alpharetta, GA 30005.
CONTRACT OF SALEContract of Sale • February 3rd, 2022 • Ballantyne Strong, Inc. • Photographic equipment & supplies • Georgia
THIS CONTRACT OF SALE (herein, this “Contract”) is made as of this 28th day of January 2022 (the “Effective Date”), by Metrolina Alpharetta, LLC, a North Carolina limited liability company, of 108 Gateway Blvd., Suite 104, Mooresville, NC 28117 (“Seller”), Ballantyne Strong, Inc., a Delaware corporation with an address of 4201 Congress Street, Suite 175 Charlotte, NC 28209 (“Parent”), and Digital Ignition, LLC, a Georgia limited liability company and wholly-owned subsidiary of Parent, or its successors and/or assigns, with an address of 4201 Congress Street, Suite 175 Charlotte, NC 28209 (“Buyer”).
ContractWarrant Agreement • February 3rd, 2022 • Ballantyne Strong, Inc. • Photographic equipment & supplies • Delaware
THIS WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR QUALIFIED UNDER ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED FOR SALE, SOLD, PLEDGED, HYPOTHECATED OR OTHERWISE TRANSFERRED OR ASSIGNED UNLESS (I) A REGISTRATION STATEMENT COVERING SUCH SECURITIES IS EFFECTIVE UNDER THE ACT AND IS QUALIFIED UNDER APPLICABLE STATE LAW OR (II) THE TRANSACTION IS EXEMPT FROM THE REGISTRATION AND PROSPECTUS DELIVERY REQUIREMENTS UNDER THE ACT AND THE QUALIFICATION REQUIREMENTS UNDER APPLICABLE STATE LAW AND, IF THE COMPANY REQUESTS, AN OPINION SATISFACTORY TO THE COMPANY TO SUCH EFFECT HAS BEEN RENDERED BY COUNSEL.
