REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • February 22nd, 2024 • Red Cat Holdings, Inc. • Services-prepackaged software • New York
THIS REGISTRATION RIGHTS AGREEMENT (“Agreement”) is entered into as of the 16th day of February, 2024 by and among Unusual Machines, Inc., a Puerto Rico corporation (the “Company”), and Red Cat Holdings, Inc., a Nevada corporation (the “Investor”).
8% PROMISSORY NOTE DUE August 16, 20261Red Cat Holdings, Inc. • February 22nd, 2024 • Services-prepackaged software
THIS 8% PROMISSORY NOTE (this “Note”) duly authorized and validly issued on the Original Issue Date above by Unusual Machines Inc., a Puerto Rico corporation (the “Company”).
Non-CompeteNon-Compete • February 22nd, 2024 • Red Cat Holdings, Inc. • Services-prepackaged software • New York
WHEREAS pursuant to a Share Purchase Agreement dated November 21, 2022 (as, amended, the “SPA”) by and among the Company, Red Cat Holdings, Inc., a Nevada corporation (“Red Cat”), and Jeffrey Thompson, on or about the date hereof the Company will acquire from Red Cat all of the capital stock of Fat Shark Holdings, Ltd (“Fat Shark”) and Rotor Riot, LLC (“Rotor Riot,” and collectively the “Target Companies”) in connection with the acquisition contemplated in the SPA (the “Acquisition”);
NON-COMPETITION AGREEMENTNon-Competition Agreement • February 22nd, 2024 • Red Cat Holdings, Inc. • Services-prepackaged software • New York
This Non-Competition Agreement (the “Agreement”) is entered into as of February 16, 2024, (the “Effective Date”) by and among Unusual Machines, Inc., a Puerto Rico corporation (“Unusual”), Rotor Riot, LLC, an Ohio limited liability company (“Rotor Riot”) and Fat Shark Holdings, Ltd, a Nevada corporation (collectively, the “Restricted Parties”) and Red Cat Holdings, Inc., a Nevada corporation (“Red Cat”) The Restricted Parties and Red Cat are collectively referred to herein as the “Parties”) for all purposes under this Agreement.
