Company: SCLXW
Filing Date: 2025-12-17
Form Type: 424B3
Source: 0001193125-25-321971
Chunk: 5

Company: Scilex Holding Co
Filing Date: 2025-12-17
Form: 424B3
Chunk 5
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ender")

OF THE FIRST PART;

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SCLX STOCK ACQUISITION JV LLC,a limited liability company existing under the laws of the State of Texas

(the"Borrower")

OF THE SECOND PART.

WHEREASthe Lender agrees to make financial accommodations to and for the benefit of the Borrower, on the terms and conditions hereinafter set forth;

AND WHEREASthe Borrower owns shares of common stock of Scilex Holding Company (the"Issuer"),which are quoted on the Nasdaq Capital Market (the"Exchange")under the stock symbol "SCLX" (the"Listco Securities"),and agrees to pledge certain Listco Securities in favour of the Lender as general and continuing security for the due, prompt and complete performance and satisfaction of the Obligations (as defined below).

NOW THEREFORE,in consideration of the foregoing and the representations, warranties, covenants, conditions, agreements and promises contained in this Agreement and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties hereto, the parties hereby agree as follows:

#### 1.1.
Definitions

In this Agreement, the following defined terms shall have the following meanings:

"Agents" has the meaning set out in Section 4.4(e) .

"Agreement" means this agreement, as it may be amended or supplemented from time to time.

"Applicable Law" means all laws, statutes, regulations, codes, by-laws, ordinances, treaties, orders, judgments, decrees, directives, rules, guidelines, orders, policies and other requirements of any Governmental Authority having jurisdiction, whether or not having the force of law.

"Assignee" has the meaning set out in Section 7.1 l(b).

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"Associate", where used to indicate a relationship with any Person, means:

any Person of which such Person owns, directly or indirectly , voting securities carrying more than 10% of the voting rights attached to all voting securities of the Person for the time being outstanding;

any partner, member, director or officer of that Person;

any trust or estate in which such Person has a beneficial interest or as to which such Person served as a founder or serves as a trustee or in a similar capacity;

if any individual, any relative of that Person who resides in the same home as that Person;

if an individual, any Person who resides in the same home as that Person and to