SUBORDINATED BUSINESS LOAN AGREEMENTSubordinated Business Loan Agreement • November 8th, 2024 • Energous Corp • Radio & tv broadcasting & communications equipment • Virginia
THIS SUBORDINATED BUSINESS LOAN AGREEMENT (as the same may be amended, restated, modified, or supplemented from time to time, this “Agreement”) dated as of November 5, 2024 (the “Effective Date”) among Agile Capital Funding, LLC as agent (in such capacity, together with its successors and assigns in such capacity, “Agent”), and Agile Lending, LLC, a Virginia limited liability company (“Lead Lender”) and each assignee that becomes a party to this Agreement pursuant to Section 12.1 (each individually with the Lead Lender, a “Lender” and collectively with the Lead Lender, the “Lenders”), and ENERGOUS CORPORATION, a Delaware corporation (“Parent”) and its subsidiaries (if any), and together with Parent, and the other entities shown as signatories hereto or that are joined from time to time as a Borrower, individually and collectively, jointly and severally (“Borrower”), provides the terms on which the Lenders shall lend to Borrower and Borrower shall repay the Lenders the loans described h
