Company: INV
Filing Date: 2025-03-26
Form Type: 424B3
Source: 0001140361-25-010351
Chunk: 143

Company: Innventure, Inc.
Filing Date: 2025-03-26
Form: 424B3
Chunk 143
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 provision or of any breach of any other provision of this Debenture. The failure of the Holder to insist upon strict adherence to any term of this Debenture on one or more occasions shall not be considered a waiver or deprive that party of the right thereafter to insist upon strict adherence to that term or any other term of this Debenture. Any waiver must be in writing. (11) If any provision of this Debenture is invalid, illegal or unenforceable, the balance of this Debenture shall remain in effect, and if any provision is inapplicable to any person or circumstance, it shall nevertheless remain applicable to all other persons and circumstances. If it shall be found that any Interest or other amount deemed Interest due hereunder shall violate applicable laws governing usury, the applicable rate of Interest due hereunder shall automatically be lowered to equal the maximum permitted rate of Interest. (12) CERTAIN DEFINITIONS.For purposes of this Debenture, the following terms shall have the following meanings: (a) “ Advance Date” shall have the meaning set forth in the SEPA. (b) “ Advance Notice” shall have the meaning set forth in the SEPA. (c) “ Advance Repayment” shall have the meaning set forth in Section (1)(c). (a) “ Approved Stock Plan” means any employee benefit plan or share incentive plan which has been approved by the Board of Directors of the Company, pursuant to which the Company’s securities may be issued to any employee, officer or director for services provided to the Company. (b) “ Bloomberg” means Bloomberg Financial Markets (or if not available, a similar service provider of national recognized standing). (c) “ Business Day” means any day except Saturday, Sunday and any day which shall be a federal legal holiday in the United States or a day on which banking institutions in the State of New York are authorized or required by law or other government action to close. 14 (d) “ Buy-In” shall have the meaning set forth in Section (3)(b)(ii). (e) “ Buy-In Price” shall have the meaning set forth in Section (3)(b)(ii). (f) “ Change of Control Transaction” means the occurrence of (a) an acquisition after the date hereof by an individual or legal entity or “group” (as described in Rule 13d-5(b)(1) promulgated under the Exchange Act) of effective control (whether through legal or beneficial ownership of capital stock of