Company: HYAC-WT
Filing Date: 2025-07-15
Form Type: DEFA14A
Source: 0001104659-25-068092
Chunk: 8

Company: Haymaker Acquisition Corp. 4
Filing Date: 2025-07-15
Form: DEFA14A
Chunk 8
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, payments or other amounts
shall be due to Payee in connection with, or as a result of, any Advances by Payee.

(b) .
The Principal Amount outstanding under this Note at any time may not exceed Four Million Five Hundred Thousand U.S. Dollars (US$4,500,000).

(c) . The
Maker shall maintain a register reflecting each Advance and any prepayment of all or a portion of the Principal Amount outstanding under
this Note for purposes of recording the aggregate unpaid Principal Amount of this Note outstanding at any time.

4. Application of Payments.
All payments shall be applied first to payment in full of any costs incurred in the collection of any sum due under this Note, including
(without limitation) reasonable attorney’s fees, then to the payment in full of any late charges and finally to the reduction of
the unpaid Principal Amount of this Note.

5. Events of Default.
The following shall constitute an event of default (“Event of Default”):

(a) . Failure by the Maker to pay the unpaid Principal Amount due pursuant to this Note within five (5) business days following
the Maturity Date.

(b) . The commencement by the Maker of a voluntary case under any applicable bankruptcy, insolvency, reorganization, rehabilitation
or other similar law, or the consent by it to the appointment of or taking possession by a receiver, liquidator, assignee, trustee, custodian,
sequestrator (or other similar official) of the Maker or for any substantial part of its property, or the making by it of any assignment
for the benefit of creditors, or the failure of the Maker generally to pay its debts as such debts become due, or the taking of corporate
action by the Maker in furtherance of any of the foregoing.

(c) . The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of the Maker in an involuntary
case under any applicable bankruptcy, insolvency or other similar law, or appointing a receiver, liquidator, assignee, custodian, trustee,
sequestrator (or similar official) of the Maker or for any substantial part of its property, or ordering the winding-up or liquidation
of its affairs, and the continuance of any such decree or order unstayed and in effect for a period of 60 consecutive days.

6. Remedies.

(a) Upon the occurrence of
an Event of Default specified in Section 5(a) hereof, the Payee may, by written notice to the