UNDERWRITING AGREEMENTUnderwriting Agreement • July 6th, 2023 • Syra Health Corp • Services-employment agencies • New York
The undersigned, Syra Health Corp., a Delaware corporation (the “Company”), hereby confirms its agreement (this “Agreement”) with the several underwriters named herein (the “Underwriters” and each an “Underwriter”), for whom Kingswood, a division of Kingswood Capital Partners, LLC is acting as lead managing underwriter, bookrunner and representative (in such capacity, the “Representative,” and if there are no underwriters other than the Representative, the term Representative as used herein shall have the same meaning as Underwriter) to issue and sell to the Underwriters an aggregate of [●] immediately detachable units of the Company (“Units”) to be sold by the Company (the “Firm Securities”). Each Unit consists of one share of Class A common stock, par value $0.001 per share (“Share”), and one non-tradeable warrant of the Company (“Warrant”), where each Warrant entitles the holder to purchase one Share for an exercise price of $[●] per share, subject to adjustment as provided in that
BUSINESS LOAN AGREEMENTBusiness Loan Agreement • July 6th, 2023 • Syra Health Corp • Services-employment agencies • Indiana
THIS BUSINESS LOAN AGREEMENT dated May 22, 2023, is made and executed between Syra Health Corp (“Borrower”) and Citizens State Bank of New Castle (“Lender”) on the following terms and conditions. Borrower has received prior commercial loans from Lender or has applied to Lender for a commercial loan or loans or other financial accommodations, including those which may be described on any exhibit or schedule attached to this Agreement. Borrower understands and agrees that: (Al in granting, renewing, or extending any Loan. Lender is relying upon Borrower’s representations. warranties, and agreements as set forth in this Agreement; (B) the granting, renewing. or extending of any Loan by Lender at all times shall be subject to Lender’s sole judgment and discretion; and (C) all such Loans shall be and remain subject to the terms and conditions of this Agreement.
COMMERCIAL SECURITY AGREEMENTSecurity Agreement • July 6th, 2023 • Syra Health Corp • Services-employment agencies • Indiana
THIS COMMERCIAL SECURITY AGREEMENT dated May 22, 2023, is made and executed between Syra Health Corp (“Granter”) and Citizens State Bank of New Castle (“Lender”).
