Company: BNBX
Filing Date: 2025-12-22
Form Type: S-1/A
Source: 0001104659-25-123402
Chunk: 18

Company: BNB PLUS CORP.
Filing Date: 2025-12-22
Form: S-1/A
Chunk 18
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 Strategic Advisor Agreement by giving a termination notice to the other party if the other party (a) voluntarily files or has
filed against it a petition under applicable bankruptcy or insolvency laws that is not released within sixty days after filing,
(b) proposes any dissolution, composition or financial reorganization with creditors or if a receiver, trustee, custodian or similar
agent is appointed or takes possession with respect to all or substantially all property or business of such party, or (c) makes
a general assignment for the benefit of creditors, and such termination would become effective ten days after receipt of the termination
notice. The Strategic Advisor Agreement shall automatically terminate upon termination of the Strategic DAS Agreement.

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Pursuant to the terms of
the Strategic Advisor Agreement, the Company will pay a monthly fee of $60,000 to the Strategic Advisor and issued the Advisory
Warrants to the Strategic Advisor in an aggregate amount equal to 1,986,634 shares of our Common Stock. The exercise price per share
of the Advisory Warrants is equal to a 15% premium to the price of the shares of our Common Stock at the closing of the Private Placement
and may be issued to certain designees of the Strategic Advisor in its sole discretion. The Advisory Warrants are exercisable for cash,
in whole or in part, at any time and from time to time, for a period of five years from the date of issuance and may also be exercised
on a cashless basis at any time beginning six months after their initial issuance if, at the time of exercise, there is no effective
registration statement registering, or the prospectus contained therein is not available for, the resale of the underlying shares of
our Common Stock by the holder thereof. The Strategic Advisor Agreement also contains customary representations and warranties, confidentiality
provisions and limitations on liability.

Consulting Arrangements

In order to support the implementation
of its BNB-focused treasury strategy, on September 23, 2025, the Company entered into the Consulting Agreement with the Consultant
and an additional consulting agreement (collectively, the “Consulting Arrangements”) with the Consultant, pursuant to which
the Company (i) engaged the Consultant to provide certain advisory and marketing services and (ii) will receive premium sponsorship
benefits at all SALT conferences globally for a period of thirty-six months. The Consultant Arrangements have a term of three years
and shall terminate on September 23, 2028. Purs