Company: LRHC
Filing Date: 2025-12-04
Form Type: DEF 14C
Source: 0001213900-25-118073
Chunk: 7

Company: La Rosa Holdings Corp.
Filing Date: 2025-12-04
Form: DEF 14C
Chunk 7
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 an amended
and restated employment agreement (the “Amended CEO Employment Agreement”) between the Company and our Chief Executive
Officer, Mr. Joseph La Rosa, and the Company issuing to an Investor certain Token Rights (as defined and described below).

On the Signing Date, the Company
issued the Token Rights to a certain Investor and the Company expects to issue an initial Note in an aggregate principal amount of $11,000,000
for an aggregate purchase price of $9,900,000 at an initial closing (the “Initial Closing” and the day of such Initial
Closing, the “Initial Closing Date”) upon the satisfaction of certain closing conditions. Subject to certain conditions
described in the Securities Purchase Agreement, the Company has the option to request that the Investor purchase additional Notes (the
“Company’s Option Closing”), and the Investor has the option to cause the Company to sell additional Notes (the
“Investor’s Option Closing”), provided that the aggregate original principal amount of any Notes issued in such
subsequent closings with respect to Company’s Option Closing and the Investor’s Option Closing shall not exceed $5,000,000
individually, and not more than $239,000,000 in the aggregate.

Pursuant to the Securities
Purchase Agreement, the Company must use the net proceeds from the sale of the Notes as follows: (A) at the Initial Closing, (i)
$7,000,000 of net proceeds shall be used to acquire Note Purchased Crypto (as defined in the Notes) as a treasury asset for the Company’s
balance sheet, (ii) $2,000,000 of the net proceeds shall be used to redeem a portion of the outstanding shares of Series X Preferred Stock
pursuant to the Redemption Agreement, (iii) $500,000 of the net proceeds shall be kept in a controlled account to fund the redemption
of remaining shares of Series X Preferred Stock in accordance with the terms of the Redemption Agreement, and (iv) any remaining proceeds,
not to exceed $400,000, from the Initial Closing shall be used for general corporate purposes and working capital, and (B) at any Additional
Closing, ninety percent (90%) of net proceeds shall be used to acquire Note Purchased Crypto as a treasury asset for the Company’s
balance sheet, and any remaining proceeds from the Additional Closing shall be used for general corporate purposes and working capital,
but not, in any case without the consent of the Lead Buyer (as defined in the