Company: LRHC
Filing Date: 2025-03-07
Form Type: DEF 14C
Source: 0001213900-25-021334
Chunk: 13

Company: La Rosa Holdings Corp.
Filing Date: 2025-03-07
Form: DEF 14C
Chunk 13
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 of (X) the Conversion Rate with respect to the Outstanding Amount in effect at such time as the holder delivers an Event of Default Redemption Notice multiplied by (Y) the product of (1) the Redemption Premium multiplied by (2) the greatest Closing Sale Price of the Common Stock on any trading day during the period commencing on the date immediately preceding such Event of Default and ending on the date the Company makes the entire payment required (the “Event of Default Redemption Price”). Until the Event of Default Redemption Price (together with any Late Charges) is paid in full, the Outstanding Amount submitted for may be converted, in whole or in part, by the holders into shares of Common Stock pursuant to the terms of their Note(s).

Upon any Bankruptcy Event of Default, whether occurring prior to or
following the maturity date of any Note, the Company must immediately pay to the holder(s) of outstanding Notes an amount in cash representing
(i) all outstanding principal, accrued and unpaid interest and accrued and unpaid Late Charges on such principal and interest, multiplied
by (ii) the Redemption Premium, in addition to any and all other amounts due thereunder, provided that the holder(s) thereof may waive
such right to receive payment upon a Bankruptcy Event of Default, in whole or in part, and any such waiver shall not affect any other
rights of the holder(s) hereunder, including any 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.

Incremental Warrants

Each Incremental Warrant is exercisable,