STANDSTILL AGREEMENTStandstill Agreement • May 16th, 2022 • Progressive Care Inc. • Retail-drug stores and proprietary stores • Utah
This Standstill Agreement (this “Agreement”) is entered into as of May 13, 2022 by and between Iliad Research and Trading, L.P., a Utah limited partnership (“Lender”), and Progressive Care Inc., a Delaware corporation (“Borrower”). Capitalized terms used in this Agreement without definition shall have the meanings given to them in the Note (defined below).
