Company: LRHC
Filing Date: 2025-02-25
Form Type: PRE 14C
Source: 0001213900-25-016765
Chunk: 16

Company: La Rosa Holdings Corp.
Filing Date: 2025-02-25
Form: PRE 14C
Chunk 16
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 other rights in respect of such Bankruptcy Event of
Default, any right to conversion, and any right to payment of the Event of Default Redemption Price or any other Redemption Price, as
applicable.

In the case of an Event of
Default holders of Notes will also be permitted to exercise their respective rights and remedies under the Security Agreement, Subsidiary
Guaranty and other Security Documents (as defined in the Note).

Redemption Rights

In addition to their rights
of redemption as set forth above with respect to Events of Default, the holders of outstanding Notes have the right to require, or the
Company shall automatically be required, to redeem outstanding Notes in the event of a Change of Control, Asset Sale or and any Subsequent
Placement (each as defined in the Notes). In addition, the Company may at its option redeem in cash all or any portion of the outstanding
Notes. Such redemptions are generally required to be made at a redemption prices of 120% in respect of such principal amount, plus all
accrued and unpaid interest, if any, on such principal amount being redeemed.

Each Incremental Warrant is
exercisable, at the option of the holder thereof, into Incremental Notes in an original principal amount of up to $2,500,000, or up to
$40,000,000 in the aggregate, for a period of seven years and six months from the Closing Date. The exercise of eight (8) of the sixteen
(16) Incremental Warrants issued to the Investor requires the prior written consent of the Company and Investor.

On the Closing Date, the Company
entered into a registration rights agreement with the Investor (the “Registration Rights Agreement”) with respect to the resale
of the shares of Common Stock issuable upon conversion of the Initial Note (the “Conversion Shares”) and Incremental Notes
(the “Incremental Conversion Shares”). The Registration Rights Agreement requires that the Conversion Shares and Incremental
Conversion Shares be registered by the Company under the Securities Act of 1933, as amended, by the earlier of the (i) 90
calendar day after the Closing Date (or, if such Registration Statement is subject to a full review by the Securities and Exchange Commission),
120 calendar day).

<div align='center'>8</div>

On the Closing Date, the Company
and each of its Subsidiaries (each, a “Grantor”), and the Investor, for itself and as the collateral agent (the “Collateral