SENIOR SECURED NOTE DUE APRIL 13, 2027Convertible Security Agreement • April 17th, 2026 • XCel Brands, Inc. • Patent owners & lessors • New York
Contract Type FiledApril 17th, 2026 Company Industry JurisdictionTHIS SENIOR SECURED NOTE is one of a series of duly authorized and validly issued Senior Secured Notes of Xcel Brands, Inc., a Delaware corporation (the “Company”), having its principal place of business at 550 Seventh Avenue, 11th Floor, New York, NY 10018, designated as its Senior Secured Note due on the Maturity Date (defined below) (the “Note” and, collectively with the other notes issued pursuant to the Purchase Agreement (as defined below), the “Notes”). The Notes have been issued with a 13.5% original issue discount.
SENIOR SECURED NOTE DUE APRIL 13, 2027Convertible Security Agreement • April 17th, 2026 • XCel Brands, Inc. • Patent owners & lessors • New York
Contract Type FiledApril 17th, 2026 Company Industry JurisdictionTHIS SENIOR SECURED NOTE is one of a series of duly authorized and validly issued Senior Secured Notes of Xcel Brands, Inc., a Delaware corporation (the “Company”), having its principal place of business at 550 Seventh Avenue, 11th Floor, New York, NY 10018, designated as its Senior Secured Note due on the Maturity Date (defined below) (the “Note” and, collectively with the other notes issued pursuant to the Purchase Agreement (as defined below), the “Notes”). The Notes have been issued with a 13.5% original issue discount.
SENIOR SECURED NOTE DUE APRIL 13, 2027Convertible Security Agreement • April 17th, 2026 • XCel Brands, Inc. • Patent owners & lessors • New York
Contract Type FiledApril 17th, 2026 Company Industry JurisdictionTHIS SENIOR SECURED NOTE is one of a series of duly authorized and validly issued Senior Secured Notes of Xcel Brands, Inc., a Delaware corporation (the “Company”), having its principal place of business at 550 Seventh Avenue, 11th Floor, New York, NY 10018, designated as its Senior Secured Note due on the Maturity Date (defined below) (the “Note” and, collectively with the other notes issued pursuant to the Purchase Agreement (as defined below), the “Notes”). The Notes have been issued with a 13.5% original issue discount.