WHEREAS, pursuant to the Note, Lender received a warrant, in the form attached to the Note to purchase [__________] shares of Class A Common Stock of Stryve Foods, Inc., a Delaware corporation, par value $0.001 (the “Common Stock”) for an exercise price of $0.5134 per underlying share which was later automatically adjusted by virtue of the Company’s reverse stock split to reflect the split-adjusted shares and split-adjusted exercise price per share of [_______] shares of Common Stock and $7.701 per share respectively (the “Warrant”); and
WHEREAS, Borrower and Lender desire to amend the Note to, among other things, reprice the Warrant, all upon the terms and conditions set forth herein.
NOW THEREFORE, in consideration of the foregoing and the mutual covenants and agreements contained herein, Borrower hereby agrees as follows:
{Remainder of Page Intentionally Left Blank; Signature Page to Follow}
2
IN WITNESS WHEREOF, and intending to be legally bound hereby, Borrower and Lender have caused this First Amendment to be made, executed and delivered as of the date above first written.
BORROWER:
STRYVE FOODS, LLC,
By: Stryve Foods, Inc., its managing member
By:
Name: R. Alex Hawkins
Title: Chief Financial Officer
LENDER:
[●]
By:
Name:
Title:
Adjusted Warrant Shares:
3