LOAN AND SECURITY MODIFICATION AGREEMENTLoan and Security Modification Agreement • October 11th, 2023 • Connexa Sports Technologies Inc. • Sporting & athletic goods, nec
Contract Type FiledOctober 11th, 2023 Company IndustryThis modification to the Loan and Security Agreement, dated as of January 6, 2023 (the “LSA”), is made among Connexa Sports Technologies Inc., a Delaware corporation (the “Borrower”), Slinger Bag Americas Inc., a Delaware corporation, Slinger Bag Canada Inc., an Ontario corporation, Slinger Bag Limited, an Israeli company, and Slinger Bag Australia PTY Ltd, an Australian company (collectively, the “Guarantors”, and each individually, a “Guarantor”), Armistice Capital Master Fund Ltd., a Cayman Islands exempted company (the “Agent”), and each of the lenders initially a signatory hereto together with their successors and assignees under Section 10.8 (the “Lenders”) and is dated October 11, 2023 (the “New Issue Date”) and is referred to as this “Loan and Security Modification Agreement”. This Loan and Security Modification Agreement is being entered into in accordance with Section 10.2 of the LSA.