SECURED AMENDED AND RESTATED LINE OF CREDIT NOTELine of Credit Note • September 18th, 2024 • Bright Green Corp • Medicinal chemicals & botanical products • New York
Contract Type FiledSeptember 18th, 2024 Company Industry JurisdictionFOR VALUE RECEIVED, BRIGHT GREEN CORPORATION, a Delaware corporation (the “Borrower”), promises to pay to Lynn Stockwell (the “Lender”), the principal amount of each loan made by the Lender to the Borrower or, if less, the total unpaid principal amount of all loans (each, a “Loan” and, collectively, the “Loans”) made to the Borrower by the Lender under this Secured Amended and Restated Line of Credit Note (as amended, restated, supplemented or otherwise modified from time to time in accordance with its terms, the “Note”), up to an aggregate principal amount of Fifteen Million and 00/100 Dollars ($15,000,000.00), on the Maturity Date (as defined below), together with interest at such rates and payable on such dates as set forth below. The Maturity Date may not be later than the Expiry Date as set forth below.