0001006837-26-000045 Sample Contracts
iv- SECTION 10.03. Tax Treatment of Credits ........................................................................... 69 ARTICLE XI MISCELLANEOUS PROVISIONS SECTION 11.01. Notices........................Merger Agreement • June 1st, 2026 • INNOVATE Corp. • Fabricated structural metal products • Delaware
LOAN AGREEMENT THIS LOAN AGREEMENT (this “Agreement”), is made as of May 29, 2026 (the “Effective Date”) by and between HC2 BROADCASTING HOLDINGS INC., a Delaware corporation (the “Borrower”), and HC2 BROADCASTING HOLDCO, LLC (“Intermediate Holdco”),...Loan Agreement • June 1st, 2026 • INNOVATE Corp. • Fabricated structural metal products • New York
OPTION AGREEMENTOption Agreement • June 1st, 2026 • INNOVATE Corp. • Fabricated structural metal products • Nevada
This Option Agreement (this “Agreement”) is made and entered into as of May 29, 2026, by and among CONX Corp., a Nevada corporation (“Parent”), HC2 Merger Sub, LLC, a Delaware limited liability company (“SPV LLC”), HC2 Broadcasting Holdings, Inc., a Delaware corporation (the “Company”), HC2 Broadcasting Holdco LLC, a Delaware limited liability company (“Innovate”) and Innovate Corp., a Delaware corporation (“Innovate Parent”). All capitalized terms used but not defined in this Agreement shall have the meanings ascribed to them in the Merger Agreement (as defined below).
FIRST SUPPLEMENTAL INDENTURESupplemental Indenture • June 1st, 2026 • INNOVATE Corp. • Fabricated structural metal products • New York
FIRST SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of May 29, 2026, by and among INNOVATE Corp. (f/k/a HC2 Holdings, Inc.), a Delaware corporation (the “Company”), the subsidiary guarantors party to the Indenture referred to below (the “Subsidiary Guarantors”) and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”) and collateral trustee (the “Collateral Trustee”) under the Indenture referred to below.
CONX CORP.Loan Agreement • June 1st, 2026 • INNOVATE Corp. • Fabricated structural metal products
Reference is made to (a) that certain Agreement and Plan of Merger, dated as of the date hereof (the “Merger Agreement”), by and by and among CONX Corp., a Nevada corporation (“CONX”), HC2 Merger Sub, LLC, a Delaware limited liability company and wholly owned subsidiary of CONX (“Merger Sub”), HC2 Broadcasting Holdco, LLC, a Delaware limited liability company (“Seller”), and HC2 Broadcasting Holdings Inc., a Delaware corporation (the “Company”), and (b) that certain Loan Agreement, dated as of the date hereof (the “Loan Agreement”), by and between the Company, the Guarantors party thereto and Merger Sub, as lender. Capitalized terms used but not defined in this letter agreement (this “Letter Agreement”) shall have the same meanings ascribed to such terms in the Merger Agreement unless the context otherwise requires.
NINTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • June 1st, 2026 • INNOVATE Corp. • Fabricated structural metal products • New York
NINTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), dated as of May 29, 2026, by and among INNOVATE Corp. (f/k/a HC2 Holdings, Inc.), a Delaware corporation (the “Borrower”), the guarantors party to the Credit Agreement referred to below (the “Guarantors”) and MSD PCOF Partners IX, LLC, as lender (the “Lender”) under the Credit Agreement referred to below.
FIRST SUPPLEMENTAL INDENTUREFirst Supplemental Indenture • June 1st, 2026 • INNOVATE Corp. • Fabricated structural metal products • New York
FIRST SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of May 29, 2026, by and among INNOVATE Corp. (f/k/a HC2 Holdings, Inc.), a Delaware corporation (the “Company”), the subsidiary guarantors party to the Indenture referred to below (the “Subsidiary Guarantors”) and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”) and collateral trustee (the “Collateral Trustee”) under the Indenture referred to below.