Company: LRHC
Filing Date: 2025-02-25
Form Type: PRE 14C
Source: 0001213900-25-016765
Chunk: 15

Company: La Rosa Holdings Corp.
Filing Date: 2025-02-25
Form: PRE 14C
Chunk 15
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 Default occurs with respect to any other Notes. |

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The Company is required upon
the occurrence of an Event of Default, within one (1) business day, to deliver written notice thereof (an “Event of Default Notice”)
to the holder(s) of outstanding Notes. At any time after the earlier of a holder’s receipt of an Event of Default Notice and the
holder becoming aware of an Event of Default, the holder may require the Company to redeem (regardless of whether such Event of Default
has been cured) all or any portion of such holder’s Note(s) by delivering written notice thereof (the “Event of Default Redemption
Notice”) to the Company. Each portion of Notes subject to such redemption must be redeemed by the Company at a price equal to the
greater of (i) the product of (A) the Outstanding Amount (as defined therein) to be redeemed multiplied by (B) the “Redemption Premium”
(as defined therein) of 120%, and (ii) the product 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”).
These To the extent these redemptions. Until the Event of Default Redemption Price (together with any Late Charges thereon) 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, 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