Company: ORBS
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004802
Chunk: 1411

Company: Eightco Holdings Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 8
Chunk 1411
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 same date.

On August 17, 2023, Forever 8 and Kevin O’Donnell,
a Company director, entered into the Series A Loan and Security Agreement whereby Mr. O’Donnell advanced Forever 8 $100,000. Forever 8
issued Mr. O’Donnell a Promissory Note in the amount of $100,000 on this same date.

58

On June 21, 2023, Forever 8 and Brian McFadden,
the Company’s Former Chief Executive Officer, entered into the Series A Loan and Security Agreement whereby Mr. McFadden advanced
Forever 8 $100,000. Forever 8 issued Mr. McFadden a Promissory Note in the amount of $100,000 on this same date.

On May 30, 2023, Forever 8 and TXC Services, LLC,
an entity controlled by a Forever 8 member, entered into the Series A Loan and Security Agreement whereby TXC Services, LLC advanced Forever 8
$225,000. Forever 8 issued TXC Services, LLC a Promissory Note in the amount of $225,000 on this same date.

On April 1, 2023, Forever 8 and Paul Vassilakos,
the Company’s Chief Executive Officer, entered into the Series A Loan and Security Agreement whereby Mr. Vassilakos advanced Forever 8
$675,000. Forever 8 issued Mr. Vassilakos a Promissory Note in the amount of $675,000 on this same date.

On
April 1, 2023, Forever 8 and TXC Services, LLC, entered into the Series A Loan and Security Agreement whereby TXC Services, LLC advanced Forever 8 $975,000. Forever 8 issued TXC Services, LLC a Promissory Note in the amount of $975,000 on this same
date.

Other
Related Party Transactions

We
have entered into indemnification agreements with each of our directors and executive officers. These agreements require us to indemnify
and advance litigation expenses incurred by such individuals by reason of (i) their status as directors and/or officers of the Company,
(ii) acts or omissions made in good faith, (iii) their service in any capacity with respect to an employee benefit plan of our company
or one or more of our majority owned subsidiaries, or (iv) their service as directors, officers, managers, general partners, trustees,
employees,