Securities Exchange Letter Agreement Sample Contracts
Splash Beverage Group, Inc.Securities Exchange Letter Agreement • June 26th, 2025 • Splash Beverage Group, Inc. • Beverages
As of the date hereof, Splash Beverage Group, Inc. (the “Debtor” or the “Company”) and [_________] (the “Holder,” and together with the Debtor, the “Parties”) acknowledge that certain obligations (the “Outstanding Balance”) are currently owed by the Debtor to the Holder under the certain Promissory Note(s) issued by the Company to the Holder (the “Note”).
Splash Beverage Group, Inc. Fort Lauderdale, Fl, 33301 June 25, 2025Securities Exchange Letter Agreement • June 26th, 2025 • Splash Beverage Group, Inc. • Beverages
Preamble. This letter agreement documents our understanding in connection with the Securities Exchange Letter Agreement (the “Exchange Letter”) being entered into by and among Splash Beverage Group, Inc. (the “Company”) and each of the undersigned holders of Notes (collectively, the “Holders”) and the Securities Purchase Agreement (the “SPA”) being entered into with the Company and certain purchasers on or about the date hereof. Capitalized words and terms used and not defined herein have the meaning given them in the Exchange Letter and SPA, as applicable, and, if not defined therein, in the Series B or Series A-1, as applicable. As a result of a continuing failure to deliver shares of the Company’s common stock to the Holders (the “Failure to Deliver”), this letter agreement shall modify the Exchange Letter by providing the Holders with additional consideration described below in exchange for their agreeing to forgo further liquidated damages and cancel their right to such damages so