Third Amendment to the 10% Secured Convertible Notes Sample Contracts

Certain identified information has been excluded from this exhibit because it is both (i) not material and (ii) would be competitively harmful if publicly disclosed. Partial Option Exercise and THIRD Amendment to the 10% Secured Convertible Notes

Third Amendment to the 10% Secured Convertible Notes • May 31st, 2023 • Reed's, Inc. • Bottled & canned soft drinks & carbonated waters • New York

• Contract Type
  Third Amendment to the 10% Secured Convertible Notes
• Filed
  May 31st, 2023
• Company
  Reed's, Inc.
• Industry
  Bottled & canned soft drinks & carbonated waters
• Jurisdiction
  New York

THIS Partial Option Exercise and THIRD Amendment to the 10% Secured Convertible Notes (this “Agreement”) is dated and effective as of May 30, 2023 between REED’S, INC., a Delaware corporation (the “Company”), the Holders party hereto, and WILMINGTON SAVINGS FUND SOCIETY, FSB, as Holder Representative and Collateral Agent (the “Agent”).