Company: KITTW
Filing Date: 2025-09-15
Form Type: PRE 14A
Source: 0001849820-25-000237
Chunk: 115

Company: Nauticus Robotics, Inc.
Filing Date: 2025-09-15
Form: PRE 14A
Chunk 115
---
 the Lien is confined solely to the property so acquired and improvements thereon, and the proceeds of such equipment, in either case, with respect to Indebtedness in an aggregate amount not to exceed $500,000, (v) Liens incurred in connection with the extension, renewal or refinancing of the Indebtedness secured by Liens of the type described in clause (iv) above, provided that any extension, renewal or replacement Lien shall be limited to the property encumbered by the existing Lien and the principal amount of the Indebtedness being extended, renewed or refinanced does not increase, and (vi) Liens in favor of customs and revenue authorities arising as a matter of law to secure payments of custom duties in connection with the importation of goods, and (vii) Liens arising from judgments, decrees or attachments in circumstances not constituting a Triggering Event under Section 5(a)(xi).

tt. “

#### Person
” means an individual, a limited liability company, a partnership, a joint venture, a corporation, a trust, an unincorporated organization, any other entity or a government or any department or agency thereof.

<div align='center'>A-55</div>

### APPENDIX A
uu.

#### “Price Failure
” means, with respect to a particular date of determination, the VWAP of the Common Stock on any Trading Day during the twenty (20) Trading Day period ending on the Trading Day immediately preceding such date of determination fails to exceed $0.369 (as adjusted for stock splits, stock dividends, stock combinations, recapitalizations or other similar transactions occurring after the Subscription Date). All such determinations to be appropriately adjusted for any stock splits, stock dividends, stock combinations, recapitalizations or other similar transactions during any such measuring period.

vv. “

#### Principal Market
” means, as of any time of determination, the principal trading market, if any, in which the shares of Common Stock then trade.

ww. “

#### Redemption Premium of the Conversion Amount
” means the Conversion Amount to be redeemed multiplied by 125%.

xx. “

#### Required Premium
” means 125%.

yy. “

#### SEC
” means the United States Securities and Exchange Commission or the successor thereto.

zz. “

#### Securities
” shall have the meaning as set forth in the Securities Purchase Agreement.

aaa. “

#### Securities Purchase Agreement
” means that certain amended and restated securities purchase