Support and Restrictive Covenant AgreementSupport and Restrictive Covenant Agreement • May 3rd, 2023 • Siebert Financial Corp • Security brokers, dealers & flotation companies
Contract Type FiledMay 3rd, 2023 Company IndustrySupport and Restrictive Covenant Agreement (this “Agreement”), dated as of April 27, 2023 (the “Effective Date”), by and among Siebert Financial Corp., a New York corporation (the “Company”), Kakaopay Corporation, a company established under the Laws of Korea (“Purchaser”), and David Gebbia (“Gebbia”) (each, a “Party” and, collectively, the “Parties”). Capitalized terms used but not defined in this Agreement shall have the respective meanings ascribed to such terms in that certain Second Tranche Agreement (as defined below).