# EDGAR Filing Document

**Accession Number:** 0002076148
**File Stem:** 0001493152-26-025452
**Filing Date:** 2026-5
**Character Count:** 638369
**Document Hash:** 546c0d43e1584ab5c87fa8b3e6862ebf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-025452.hdr.sgml**: 20260527

**ACCESSION NUMBER**: 0001493152-26-025452

**CONFORMED SUBMISSION TYPE**: 1-K

**PUBLIC DOCUMENT COUNT**: 18

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260527

**DATE AS OF CHANGE**: 20260527

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FullPAC, Inc.
- **CENTRAL INDEX KEY:** 0002076148
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-BUSINESS SERVICES, NEC [7389]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 392886611
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 1-K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 24R-01025
- **FILM NUMBER:** 261027637

**BUSINESS ADDRESS:**
- **STREET 1:** 1206 LASKIN ROAD,
- **STREET 2:** STE. 201 O
- **CITY:** VIRGINIA BEACH
- **STATE:** VA
- **ZIP:** 23451
- **BUSINESS PHONE:** 757-821-2121

**MAIL ADDRESS:**
- **STREET 1:** 1206 LASKIN ROAD,
- **STREET 2:** STE. 201 O
- **CITY:** VIRGINIA BEACH
- **STATE:** VA
- **ZIP:** 23451

## Part

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 1-K**

**ANNUAL REPORT PURSUANT TO REGULATION A**

**OF THE SECURITIES ACT OF 1933**

For the fiscal year ended December 31, 2025

Commission file number: 024-12661

**FULLPAC, INC.**

*(Exact name of registrant as specified in its charter)*

Nevada 39-2886611 <br> *(State or other jurisdiction of <br> incorporation or organization)* *(I.R.S. Employer <br> Identification No.)*

1206 Laskin Road, Suite 201-o

Virginia Beach, Virginia 23451

(757) 821-2121

*(Address, including zip code, and telephone number of principal executive offices)*

**Title of each class of securities issued pursuant to Regulation A:**

Common Stock, par value $0.0001 per share

As of May 26, 2026, there were 21,674,138 shares of common stock, $0.0001 par value per share, issued and outstanding.

The registrant is not a shell company (as defined in Rule 405 of the Securities Act).

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| [Item 1. Business](#sa_001) | 3 |
| [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](#sa_002) | 13 |
| [Item 3. Directors and Officers](#sa_003) | 19 |
| [Item 4. Security Ownership of Management and Certain Securityholders](#sa_004) | 25 |
| [Item 5. Interest of Management and Certain Persons in Certain Transactions](#JA_007) | 26 |
| [Item 6. Other Information](#JA_008) | 29 |
| [Item 7. Financial Statements](#JA_009) | 30 |
| [Item 8. Exhibits](#JA_010) | 31 |

---

**ITEM 1. BUSINESS**

**Overview**

FullPAC, Inc. (the "Company," "we," "us," or "our") operates as a technology infrastructure and communications provider that equips political campaigns, advocacy groups, political action committees ("PACs"), non-profit organizations, governmental entities, and corporate issuers with an integrated suite of targeted outreach tools. Our fundamental operational mission is to foster active participation in the democratic process and facilitate free political speech. We seek to achieve this by providing our clients with the capabilities necessary to deliver targeted, legally compliant, and highly effective messaging at scale, thereby bridging the communication gap between organizations and the constituencies they seek to engage.

We operate an end-to-end communications ecosystem that functions as comprehensive outreach infrastructure for our clients. We established our historical market presence primarily through the facilitation of peer-to-peer ("P2P") text messaging for political campaigns, and we continue to scale our operations to meet the diverse communication needs an organization may face during critical periods of constituent engagement. Whether a client's objective is mobilizing voters for a federal general election, gathering grassroots support for a local ballot measure, distributing official municipal civic alerts, or securing retail shareholder participation for a corporate proxy vote, we believe our platforms provide the underlying architecture to execute these campaigns effectively.

**Corporate Structure and Subsidiaries**

To effectively segment our operations, manage our distinct service verticals, and target specific markets, the Company operates through the following legally distinct, wholly owned subsidiaries:

● **RoboCent, Inc.:** RoboCent is our historical predecessor and flagship operating entity. Following the formation of FullPAC, Inc. in June 2025, the
 Company completed a reorganization in which RoboCent became a wholly owned subsidiary. RoboCent operates our core P2P text messaging
 and voice broadcasting platforms. It provides clients with comprehensive tools for contact list management, message delivery, and
 real-time engagement reporting, enabling high-volume outreach across the political spectrum.

● **Advocacy Lab LLC:** Advocacy Lab is a Michigan limited liability company acquired by the Company in September 2025. This subsidiary serves as our specialized
 content generation platform. In the contemporary digital environment, campaigns must rapidly produce high volumes of tailored written
 and visual content to maintain voter engagement and respond to an evolving news cycle. Advocacy Lab provides the tools and specialized
 expertise necessary to generate this compelling messaging content at scale, which clients can subsequently deploy across their communication
 channels.

● **GOTV, Inc.:** GOTV, Inc. is a Nevada corporation formed in November 2025 to act as our dedicated public opinion polling and survey division.
 This entity utilizes interactive voice response ("IVR"), SMS technology, and other survey formats to gather public
 sentiment. By deploying these tools, campaigns and organizations can collect data-driven insights to measure name recognition, test
 policy platforms, and inform their broader messaging and resource-allocation strategies.

● **GOVT, Inc.:** GOVT,
 Inc. is a Nevada corporation formed in December 2025 to operate our government contracting vertical. This entity focuses strictly
 on non-partisan, official communications, providing secure and efficient channels for state and local municipalities, public agencies,
 and elected officials to broadcast civic updates, emergency alerts, and public service announcements directly to their residents.

**Industry Overview and Market Opportunities**

***The Institutionalization of Political Spending***

The U.S. political campaign industry has experienced significant, sustained growth over the past decade. We believe this growth was substantially catalyzed by the U.S. Supreme Court's 2010 decision in Citizens United v. Federal Election Commission, which permitted independent political expenditures by corporations and labor unions, leading to a proliferation of PACs and independent issue-advocacy organizations. According to data from OpenSecrets, total expenditures on U.S. presidential and congressional elections increased from approximately $5.6 billion in the 2000 election cycle to $18.3 billion in the 2020 cycle, on an inflation-adjusted basis. This influx of capital has transformed modern campaigns into sophisticated, data-driven operations. Consequently, we believe these organizations increasingly demand professional-caliber, scalable infrastructure providers capable of executing national outreach strategies reliably, moving away from historically fragmented and region-centric consulting firms.

***Scale and Materiality of Down-Ballot Races***

While high-profile federal elections generate significant visibility, the Company maintains a substantial and scaling presence in "down-ballot" races, which represent a highly material segment of our addressable market. Down-ballot refers to elections for state and local offices that appear lower on a voter's ballot, such as state legislators, county sheriffs, judges, and school board members. Across the United States, there are 289 statewide elected offices, 7,386 state legislative seats, and more than 90,000 municipal or special governmental units, each of which regularly involve either ballot initiatives or campaigns for a number of elected offices. In the current highly polarized political climate, local-level governance has become increasingly nationalized. Local elections and specialized ballot measures frequently attract national attention and significant outside funding. Because winning an election is a binary and objective outcome, well-financed campaigns at all levels are increasingly willing to allocate premium budgets to specialized service providers in an effort to secure an electoral victory.

***Corporate Proxy and Shareholder Engagement***

Beyond traditional political elections, our infrastructure maintains an established presence within the corporate governance sector. Publicly traded companies and investment funds are typically subject to corporate governance requirements that mandate shareholder approval for certain corporate actions, board elections, or merger transactions. Securing such approval requires attaining a quorum of voting shares and, subsequently, a sufficient number of affirmative votes. However, corporate issuers frequently encounter significant challenges in achieving these thresholds, largely due to historically low engagement and voting rates among retail shareholders. To address this structural apathy and ensure requisite participation, corporate issuers and their designated proxy solicitors increasingly utilize our direct outreach platforms to contact unvoted shareholders. This vertical allows us to apply our core competency—driving voter participation—to a substantial, non-political market, thereby diversifying our revenue base.

**Corporate History**

RoboCent, Inc. was incorporated in the State of Delaware in January 2013 and reincorporated in the Commonwealth of Virginia in August 2016. In June 2025, the sole shareholder of RoboCent, Inc. approved an Agreement and Plan of Merger with FullPAC, Inc. FullPAC, Inc. was incorporated in the State of Nevada in June 2025. Pursuant to the Agreement and Plan of Merger, the sole shareholder of RoboCent, Inc. received the same class and number of shares of stock in FullPAC, Inc. as he previously held in RoboCent, Inc., FullPAC, Inc. became the sole shareholder of RoboCent, Inc., and RoboCent, Inc. became a wholly owned subsidiary of FullPAC, Inc. Our headquarters are located in Virginia Beach, Virginia.

**Senior Secured Notes**

From June through September 2025, RoboCent issued certain senior secured notes (the "Seed Notes"), generating aggregate gross proceeds to the Company of approximately $1.19 million. The proceeds from the issuance of the Seed Notes are being used to expand the Company's product offerings and to fund general corporate operations, including expenses associated with the Regulation A Offering. The Seed Notes are subject to mandatory redemption upon the receipt of at least $2.5 million in a qualified equity financing, including our Regulation A Offering, and 50% of such net proceeds from a qualified equity financing will be used to redeem the Seed Notes on a pro rata basis until such time as all the Seed Notes have been redeemed. Up to approximately $4,161,806 of the net proceeds of our Regulation A Offering will be utilized to redeem the Seed Notes.

The Seed Notes are secured by a first-priority lien on all assets of the Company. The Seed Notes mature by their terms on December 31, 2026, if not subject to an earlier mandatory redemption. The Seed Notes accrue interest at an annual rate of 15%, compounded daily. The Company is not required to make interest payments prior to the maturity date or the date on which the Seed Notes are redeemed pursuant to a qualified equity financing. The cash payable to holders of the Seed Notes shall be determined upon each closing of a qualified equity financing payable pro rata on the principal balance together with accrued interest. For the avoidance of doubt, the Seed Note does not grant the Holder any equity, conversion rights, or ownership in the Company.

Certain of our executive officers (or their immediate family members) purchased Seed Notes with principal amounts aggregating to approximately $268,643. The Seed Notes issued to our executive officers (and immediate family members) and directors-elect are identical in their terms to those issued to other investors, providing no extra or special benefit, equity, conversion rights, or ownership. See "Item 5. Interest of Management and Certain Persons in Certain Transactions — Seed Notes" for additional information.

**Acquisition of Advocacy Lab; Subsequent Termination of Employment Agreements**

On September 29, 2025, and effective as of October 1, 2025, we entered into a Membership Interest Purchase Agreement with the founders and members of Advocacy Lab, pursuant to which we acquired Advocacy Lab for aggregate gross cash consideration of $45,000 (the "Advocacy Lab Acquisition"). In connection with the Advocacy Lab Acquisition, we entered into employment agreements (together, the "AL Employment Agreements") with each of the founders and previous members of Advocacy Lab (together, the "AL Founders"), effective as of October 1, 2025. Pursuant to the terms of the AL Employment Agreements, each of the AL Founders received a signing bonus of $75,000 and a base salary of $110,000 per annum, payable in cash, as well as customary benefits, including participation in the Company's healthcare and retirement plans. The AL Employment Agreements also provided that the AL Founders earned a percentage of all revenues generated by Advocacy Lab based on the following tiers, with a cap on such Earn Out Payments of $5.35 million in the aggregate: (i) for $0 to $1 million in revenue, 50% to the AL Founders, (ii) for $1 million to $2.5 million in revenue, 40% to the AL Founders, (iii) for $2.5 million to $5 million in revenue, 30% to the AL Founders, (iv) for $5 million to $10 million in revenue, 20% to the AL Founders, (v) for $10 million to $20 million in revenue, 10% to the AL Founders, and (vi) for $20 million to $50 million in revenue, 5% to the AL Founders (collectively, the "Earn Out Payments"). The AL Employment Agreements provided that no further Earn Out Payments would be owed upon the earlier of (i) October 1, 2035, (ii) the achievement of $50 million in revenue generated by Advocacy Lab, or (iii) with respect to either AL Founder, their resignation or termination of employment for any reason, with or without cause.

Additionally, for any current existing users of Advocacy Lab that become customers of RoboCent, the AL Founders received a commission equal to 25% of the revenue generated from such customer accounts. For any future RoboCent customers sourced through Advocacy Lab, the AL Founders were entitled to receive a 2% commission, with such commission to continue until the earlier of (i) October 1, 2035, (ii) the receipt of $2.5 million by the AL Founders in aggregate commission, or (iii) with respect to either AL Founder, their resignation or termination of employment for any reason, with or without cause.

Effective December 15, 2025, both of the AL Founders resigned from employment with the Company, which terminated our obligation to pay commission or Earn Out Payments to either AL Founder subsequent to such date. The resignation of the AL Founders does not otherwise affect the Advocacy Lab Acquisition or our right to the technology and intellectual property of Advocacy Lab.

**Principal Products and Services**

We operate a multi-channel communications platform that supports political campaigns, advocacy organizations, and elected officials in reaching voters, supporters, and constituents. Our platform combines outreach channels with supporting data, research, and creative services, allowing our clients to design multi-touchpoint outreach programs and deliver targeted messages through the combinations of channels most likely to resonate with each audience segment. Clients can manage their outreach on a self-service basis through our client application or engage our team to handle execution end-to-end on a turnkey basis. Artificial intelligence capabilities are incorporated across our platform in functional areas that include message drafting and variant generation, response classification, voter audience scoring and segmentation, deliverability optimization, and processing of recorded voice responses, and are continuing to evolve as we grow our technology stack and capabilities.

Our principal products and services are:

● **Peer-to-Peer Messaging:** SMS and MMS text messaging at scale, supporting templated and individualized communication, AI-assisted message drafting and variant
 generation, two-way response handling, and integration with voter data for audience segmentation. Our messaging platform supports
 both bulk delivery and individualized agent-delivered modes, allowing clients to launch outreach at high volume while managing replies
 through a single workflow. The platform is designed to operate within applicable federal and state telecommunications regulations
 and mobile carrier requirements, including the application-to-person ("A2P") 10DLC framework administered by U.S. mobile
 carriers. Our operational competency in carrier vetting, campaign registration, and ongoing 10DLC compliance is a meaningful customer
 benefit, allowing clients to enter the messaging environment without independently building this expertise.

● **Voice Broadcasting:** automated voice messaging delivered to landlines and mobile numbers, including pre-recorded messages, interactive voice response
 ("IVR") trees, and live transfer calls that connect recipients directly with a campaign representative. Common use cases
 include candidate introductions, turnout reminders, fundraising calls, event notifications, endorsements, and rapid-response messaging
 in the closing days of an election cycle. Our voice services include AI-assisted processing and classification of recorded voice
 responses.

● **Direct Mail:** coordinated
 direct mail programs that draw on the same voter data and segmentation logic used for our digital channels, allowing campaigns to
 align mailed communications with their broader outreach cadence and audience targeting. Direct mail is well-suited to demographic
 segments that are less responsive to digital outreach and to message formats that benefit from print delivery, such as endorsement
 summaries, candidate biographies, and policy briefs. Performance data from our other channels can inform targeting and timing of
 mail programs, and execution status is visible to clients alongside their other channels through our integrated reporting.

● **Voter Data and Micro-Targeting:** access to comprehensive and regularly updated voter file data, including landline, mobile, and email contact information, voting
 history, party affiliation, and jurisdictional and demographic information. We procure voter data from third-party providers as the
 agent of our clients, with the client owning the procured data from the time of acquisition. Voter data is used by our clients for
 audience segmentation, list building, and targeting across the channels we offer, and is incorporated into our application's
 AI-assisted segmentation and audience-scoring functionality.

● **Public Opinion Polling:** operated through GOTV, Inc., our polling capabilities include IVR keypad polling, SMS-based polling, and other survey modalities,
 delivered through our channels to targeted demographics. Polling results are delivered to clients in real time and can be used to
 inform message testing, candidate name recognition measurement, issue sentiment analysis, and audience segmentation for downstream
 outreach. We use AI to assist in the classification and analysis of survey responses, particularly for open-ended sentiment data.
 While all public opinion polling inherently involves statistical variables and margins of error, these tools provide clients with
 rapid, cost-effective feedback regarding voter intent, name recognition, and policy sentiment without the high costs traditionally
 associated with live-caller polling.

● **Graphic Design and Creative Services:** political creative production for campaigns and advocacy organizations, delivered through (i) Advocacy Lab, our subsidiary's
 AI-assisted creative platform, which provides clients with a library of more than 500 customizable static and video templates inspired
 by high-performing political creative, an ad-copy analyzer and other AI-assisted content tools, and one-click integration with third-party
 design applications; and (ii) our internal creative team, which produces proprietary design work, including full website design and
 development for clients who require custom creative beyond template-based offerings. Creative produced through either path can be
 deployed directly through the corresponding channels on our platform.

● **Government Communications:** operated through GOVT, Inc. (Govt.com), services to government clients, including elected officials at the federal, state, and local
 levels and municipalities. For federal and state elected officials, our services include franking-compliant constituent communications
 across messaging, voice, mail, and digital channels, with workflows designed to support the applicable franking and official-communications
 rules. For municipalities, our services include emergency and public-safety alerts, community notification programs, and constituent
 outreach.

The integration of these services within a single platform is a central element of our value proposition. Clients that engage us for one outreach service can adopt adjacent services using the same client application, audience data, and reporting infrastructure, allowing them to measure how their messages are reaching voters across channels and to expand the breadth of their outreach without re-onboarding to a new platform. We expect that a meaningful portion of our future revenue growth will be driven by clients that initially engage us for a single outreach service continuing to work with us across adjacent service lines as we expand the integration of our channels and broaden our platform capabilities.

**Strategic Advantages**

We believe our business model is differentiated by several key competitive strengths:

● **Neutral, Non-Partisan Infrastructure:** A significant portion of the campaign services industry restricts its client base to a single political
 party or ideological movement. Conversely, FullPAC operates as a strictly non-partisan organization. We view our platform as foundational
 infrastructure—similar to general enterprise technology—whose sole purpose is to reliably transmit our clients'
 communications. By operating without an ideological filter, we maximize our total addressable market and position the Company to
 service the entirety of the political spending ecosystem. The Company is a Gold Member of the American Association of Political
 Consultants (AAPC), the leading nonpartisan trade association for political and public affairs professionals in the United States.
 To mitigate potential conflicts of interest and ensure the confidentiality of client strategies, we maintain stringent information
 barrier protocols, commonly referred to as "ethical walls." When we service competing candidates in the same election,
 or entities legally prohibited from coordinating, this policy operationally segregates our personnel to ensure no confidential information
 or strategic data is shared across the wall.

● **Regulatory Expertise and Deliverability:** The technical execution of large-scale P2P messaging has become highly regulated by both government agencies
 and private telecommunications consortiums. Candidates and organizations frequently possess the capital to fund outreach but lack
 the strategic and technical knowledge to execute it effectively in a compliant manner. We maintain a dedicated focus on compliance
 with mobile carrier frameworks, ensuring our clients' messages are properly registered and vetted prior to transmission. We
 believe our deep familiarity with the political messaging landscape, combined with our strategic guidance on messaging cadences,
 supports high deliverability rates and mitigates compliance risks for our clients relative to generalist software providers or campaign
 consultants.

● **Client Lifecycle Retention:** Cultivating client relationships at the local, down-ballot level is a core element of our ongoing growth strategy. While local campaigns
 generally operate with smaller initial budgets, they frequently serve as the foundational step in a politician's career. We
 operate under the premise that cultivating brand loyalty and trust with a successful municipal or local candidate positions the Company
 favorably to be retained when that individual subsequently seeks higher-tier offices with more expensive electoral campaigns. Furthermore,
 because local races can unpredictably attract outsized funding, competing for a broad base of down-ballot clients ensures we maximize
 our opportunities to service high-spending campaigns.

● **Referral Partner Network:** A critical component of our client acquisition strategy is our established referral partner network, which is designed to incentivize
 political consultants, marketing agencies, and strategy firms to utilize our platform on behalf of their clients. We provide our
 partners with a centralized, consultant-focused dashboard that enables them to streamline targeted messaging, manage multiple organizational
 accounts simultaneously, track client expenditures, and automatically receive commission payments. Our competitive commission structures
 currently provide partners with 10% of their direct clients' platform expenditures, as well as an additional 2% of expenditures
 generated by any subsequent referral partners they introduce to our network. Management anticipates that expanding this referral
 network will allow the Company to scale its revenue-generating opportunities and capture additional market share without incurring
 the fixed labor costs and overhead typically associated with maintaining a traditional, large-scale direct sales force.

● **Diversified Revenue Channels and Cyclicality Mitigation:** Historically, political campaign spending has demonstrated significant cyclicality, typically
 concentrating in the months immediately preceding November general elections in even-numbered years. To mitigate the operational
 risks associated with this cyclicality, we leverage our distinct revenue channels to operate independently of the federal election
 calendar. The increasing length of modern campaign cycles, the continuous occurrence of off-cycle municipal elections and state-level
 ballot initiatives, our established presence in corporate proxy solicitation, and our government contracting vertical collectively
 serve to generate steady revenue during traditional non-election periods. Rather than operating as a highly seasonal entity, management
 views the Company's business model as analogous to a large retail enterprise that maintains steady, sustainable baseline operations
 throughout the year, while remaining structurally positioned to capitalize heavily on a massive seasonal surge in activity.

**Human Capital**

As of May 26, 2026, our workforce consisted of 8 full-time employees, no part-time employees, and approximately 35 independent contractors located within the United States. A significant majority of our contractors serve as the human agents who individually transmit P2P messages for our clients. We also engage fewer than 10 contract personnel located internationally for supplementary software development and design services. To mitigate key person risk within our highly specialized industry, the Company has obtained a "key man" life insurance policy on our Chief Executive Officer, Travis Trawick, providing for a death benefit of $4,710,000. We consider our relationships with our employees and contractors to be good.

**Technology and Operations**

We operate a multi-channel communications platform that supports political campaigns, advocacy organizations, and elected officials in reaching voters, supporters, and constituents. Our platform combines outreach channels — including P2P messaging, voice, digital advertising, connected television, and direct mail — with supporting services such as voter data, polling, graphic design, website development, and constituent communications, allowing our clients to design multi-touchpoint outreach programs and deliver targeted messages through the combinations of channels most likely to resonate with each audience segment.

Our platform supports a range of engagement models. Clients may manage their outreach on a self-service basis, using our client application to send messages, manage replies, and coordinate campaign activities, or as a turnkey engagement, in which our team handles execution end-to-end on the client's behalf. We continue to expand the range of services available for self-service use.

We use artificial intelligence across a range of operational and client-supporting functions. AI tools support certain internal workflows and are also incorporated into the operation of our client platform in functional areas that include message drafting and variant generation, response classification and routing, voter audience scoring and segmentation, deliverability optimization, and the processing of recorded voice responses. Certain of these capabilities operate as integrated features of our platform rather than as separately surfaced client tools. Through our Advocacy Lab subsidiary, we offer AI-assisted graphic-template generation for political and advocacy campaigns; this offering is currently delivered through a separate Advocacy Lab interface and is expected to be integrated with our principal client platform over time.

We are continuing to develop additional AI-driven capabilities intended to expand the functionality of our client platform into a more comprehensive campaign workspace, with prototype development underway. We cannot predict when or whether any specific capability will be made generally available to clients, the extent of client adoption if released, the success of any such capability in achieving its intended results, or the impact on our business. Our development efforts in this area are subject to a range of technological, regulatory, competitive, and resource-allocation risks. See "Risk Factors" for additional discussion of risks related to artificial intelligence and product development.

**Intellectual Property**

Our intellectual property portfolio reflects over a decade of sustained operations in political technology. We rely on a combination of trade secrets, proprietary software, copyrights, trademarks, and domain names to protect our technology platforms, accumulated operational know-how, and brand identities.

***Trademarks***

We hold registered trademarks for "RoboCent" and "FullPAC."

We regard the "GOTV" identity as one of our most strategically valuable brand assets. "GOTV" is the universally recognized shorthand for "get out the vote" — the voter mobilization activity that is the defining objective, and the ultimate destination of campaign spending, across the political campaign industry. We have secured durable control of the GOTV identity through the two channels that matter most in practice: our control and operation of the gotv.com internet domain and our reservation of "GOTV" as our trading symbol for the proposed listing of our common stock on Nasdaq. We believe that pairing our platform with the single most direct digital and capital-markets identifier of the industry's central activity affords us a distinctive and difficult-to-replicate brand position, notwithstanding the absence of a registered trademark in the term.

***Domain Names and Digital Properties***

We consider our ownership and operational control of certain domain names to be of material strategic importance to our business. Our primary corporate domain, gotv.com, carries significant standalone value as the most direct representation of the defining activity in political campaigns; we operate the gotv.com domain pursuant to an escrow arrangement and expect to complete its acquisition in due course. We also own and operate robocent.com, advocacylab.com, and Govt.com, each of which serves a distinct segment of the political and governmental communications market and present meaningful barriers to competitive imitation. The gotv.com domain serves as our overarching corporate and product website; we maintain a separate investor relations subdomain at ir.gotv.com for SEC filings and other public-company communications.

***Proprietary Software and Platforms***

Our long-term technology strategy is oriented toward delivering a single, unified platform through which campaigns can manage the full scope of their voter outreach — integrating communications, creative production, voter data, compliance, and analytics in one application under the FullPAC brand. The capabilities currently operating under the RoboCent and Advocacy Lab brands represent the foundational components of this integrated platform: RoboCent contributes compliant text and voice messaging infrastructure, voter data access, 10DLC registration and opt-out management, and campaign-scale delivery; Advocacy Lab contributes a library of over 500 political creative templates, AI-facilitated production, drag-and-drop customization tooling, and ad copy analysis capability. As we continue to develop the unified FullPAC platform and pursue additional acquisitions and partnerships, we expect these capabilities to be progressively consolidated into a single campaign-facing application. In parallel, we operate Govt.com as a purpose-built platform for government contracting and official constituent communications, designed to serve elected officials and congressional offices using functionally analogous outreach infrastructure adapted to the compliance requirements of official government communications — including franking-aligned messaging, telephone town halls, constituent surveys, and emergency alert delivery. We protect these platforms and their underlying technology as trade secrets and through copyright.

***Trade Secrets and Operational Know-How***

Over more than a decade of continuous operation in the political technology sector, we have developed significant operational expertise in areas including TCPA and FCC compliance management, voter data sourcing and targeting methodology, campaign outreach strategy, and political market dynamics. This accumulated knowledge — embedded in our processes, systems, and personnel — represents proprietary value that we protect through employment agreements, confidentiality obligations, and access controls.

**Cybersecurity**

As a digital-first organization, our business operations are fundamentally reliant on the security, integrity, and availability of our information technology infrastructure. We recognize the significant and evolving risks posed by cybersecurity threats, including data breaches, ransomware, denial-of-service attacks, and other malicious activities that could disrupt our operations, compromise sensitive company or client data, or cause reputational harm. Our management's cybersecurity oversight is led by Daniel Flowers, our Chief Technology Officer and Chief Operations Officer. Mr. Flowers previously served as CEO of Issuetrak, Inc., where his responsibilities included establishing security and compliance programs aligned with SOC 2, HIPAA, GDPR, PCI, FedRAMP, and NIST 800-53. Mr. Flowers reports to the Chief Executive Officer regarding cybersecurity matters and provides periodic updates to the Board.

To address these risks, we are implementing and continuously enhancing a comprehensive cybersecurity program with a combination of technical, administrative, and physical controls, aligned with industry-recognized standards and designed to protect our systems and data. We have engaged a third-party cybersecurity and compliance firm to assist in formalizing our internal controls and to facilitate our attainment of Service Organization Control (SOC) 2 compliance. Our efforts are focused on building the requisite controls and procedures in anticipation of undergoing a SOC 2 Type II audit, which evaluates the operational effectiveness of a company's security controls over a period of time. We expect that achieving and sustaining SOC 2 compliance will provide our clients and stakeholders with independent assurance regarding the security and availability of our platform.

Our cybersecurity risk management processes include ongoing risk assessments, vulnerability management, employee security awareness training, and an incident response plan designed to enable us to detect, respond to, and recover from potential security incidents. We are actively investing in our internal capabilities and are prioritizing adding personnel with specialized cybersecurity expertise as our business grows.

While we are committed to investing in and improving our security posture, there can be no assurance that we will effectively undertake the planned measures described herein, achieve SOC 2 compliance or pass a SOC 2 Type II audit, or add personnel with sufficient expertise to support our cybersecurity and information technology functions. Even if we are successful in these planned courses of action, there can be no assurance that these measures will be sufficient to prevent all security breaches or cyberattacks. For a more detailed discussion of the risks we face related to cybersecurity, see "Risk Factors–Risks Related to Intellectual Property and Information Technology."

**Cyclicality**

Our business has been and is expected to be highly cyclical and closely tied to the political election calendar in the United States. Political campaigns and advocacy organizations typically increase their spending significantly in the months leading up to primary and general elections. This tends to result in a material concentration of revenue during the second and fourth quarters of even-numbered years, coinciding with federal midterm and presidential elections. Accordingly, revenue generation during periods without a federal election is expected to be substantially lower. For more information, see "Risk Factors–Our business is heavily tied to the United States electoral calendar. Political campaign spending tends to increase near certain milestone dates, which we expect to create fluctuations in our operating results on a quarter-to-quarter and year-to-year basis."

However, we believe this cyclical pattern is becoming more nuanced due to structural shifts in the political industry. First, the effective length of the campaign cycle is expanding, with candidates launching exploratory efforts, fundraising, and voter engagement initiatives far earlier in the election timeline. This has contributed to increased off-peak demand for political communication tools and campaign services. Additionally, while federal races receive the most attention and involve the greatest spending, state and local elections occur on a staggered and ongoing basis across jurisdictions. We have provided services to more than 4,000 city council, school board, and other local campaigns, which take place throughout odd- and even-numbered years and often generate significant demand for voter contact services. We expect that our seasonal business cycle will consist of steady business throughout the calendar, supplemented by high demand and increased profitability at peak periods.

Despite these mitigating factors, we anticipate continued material seasonality and cyclicality in its business. Our financial performance may vary widely from quarter to quarter, and periods of lower political activity may result in reduced operating margins and diminished performance. We intend to manage this volatility by encouraging clients to regularly communicate with their base voters to continue building relationships with voters, maintain or enhance engagement rates, and shape the narrative ahead of election season.

**Competition**

Political campaigns and issue organizations raise vast sums of money with the goal of influencing the electorate. This capital comes from a variety of sources, including individual donors giving small and large amounts, political action committees (PACs), and a candidate's own funds. Once raised, these funds are strategically allocated to a wide array of services and activities designed to establish messaging, connect with constituents, and get out the vote in elections. Campaign service firms are frequently contracted to assist campaigns with voter outreach, whether to solicit donations or increase a candidate's chances of election. The market for campaign service firms is, in part, fueled by the constitutional franking privilege, which provides federal funding for members of Congress to communicate with their constituents. While the franking privilege has typically been associated with postal mail, we expect an increasing proportion of franking budgets to be allocated towards P2P messaging services and other next-generation voter outreach tools available to clients on the RoboCent platform.

The political campaign services industry is highly competitive and fragmented, with a broad range of vendors offering tools and technologies to candidates, political committees, issue advocacy groups, and public affairs firms. We compete directly with a range of campaign service providers, including other peer-to-peer texting vendors, providers of automated voice and SMS messaging, digital ad networks, and consulting firms that bundle communications with other services. These competitors vary in scale, specialization, target markets, service offerings, and pricing models. Many providers in the industry, including us, have established customer bases or offer bundled services that include data analytics, voter file access, or consulting, which may provide competitive advantages. In addition, many competitors exclusively offer services to campaigns affiliated with one of the major political parties. Our nonpartisan client base results in an increased number of potential clients, but may make it more difficult to attract business from any clients that prefer to work with an ideologically-aligned service provider.

In addition to direct competition within the campaign communications segment, we also compete for an overall share of election-related spending. Political campaigns operate within constrained budgets and allocate funds across a variety of channels, including television and radio advertising, direct mail, door-to-door canvassing, event production, and digital outreach. Our success depends not only on our ability to compete with other communications vendors, but also on our ability to capture a growing share of campaign budgets as overall media strategies evolve.

We believe that our messaging-based communications offer distinct advantages over legacy campaign methods. These advantages include lower cost per contact, higher engagement rates, and superior data collection capabilities, including recipient-level analytics and actionable feedback. As campaign managers prioritize targeted, responsive, and scalable voter outreach, we expect an increasing share of political spending to shift from traditional media formats to messaging-based platforms. We are investing in product development and user experience improvements to capitalize on this trend and differentiate itself in an increasingly competitive marketplace, effectively competing not only against other P2P messaging providers on features and price, but also against traditional media channels on the basis of return on investment.

We intend to further our competitive advantage through synergistic acquisitions of high margin specialists focused on a particular niche. Political campaigns seek to engage proven difference-makers, and we believe that consolidating premium campaign talent will increase our ability to attract new clients and develop our business. In particular, we expect that adding proven talent will attract more business from clients in the most competitive races, which we expect to result in higher revenue.

**Government Regulation**

The U.S. Supreme Court's 2010 decision in Citizens United v. Federal Election Commission fundamentally reshaped the campaign finance landscape by permitting corporations and unions to make independent political expenditures. This has led to the growth in campaign spending as an increasing number of organizations utilize campaign service providers for voter outreach tools, polling, data analytics, and communication platforms like those offered by us. The current regulatory regime has resulted in a wide range of political actors raising and spending funds on voter contact and advocacy, creating a larger potential customer base for providers of campaign technology services.

Our ability to generate revenue from political campaigns and affiliated organizations is, in part, reliant on the continued validity of this constitutional and regulatory framework. Any material change in the interpretation or enforcement of federal campaign finance law through legislation, rulemaking, or judicial reversal could adversely affect the market for independent expenditures and, by extension, reduce demand for our services. While we do not rely exclusively on super PACs or independent expenditure committees for revenue, any contraction in the overall political spending environment could materially impact our growth trajectory.

Our operations, and the operations of our clients, are subject to a complex, evolving, and sometimes overlapping framework of federal, state, and local laws, as well as private industry guidelines. Our ability to conduct business depends heavily on our ability to navigate these regulatory regimes.

***Telephone Consumer Protection Act (TCPA) and State Telemarketing Laws***

The TCPA is a federal statute that restricts telemarketing and the use of automated telephone equipment. Specifically, the TCPA prohibits the use of an "automatic telephone dialing system" (autodialer) or an artificial or prerecorded voice to make calls or send text messages to mobile telephones without the prior express consent of the called party. In 2020, the FCC issued a declaratory ruling confirming that peer-to-peer messaging platforms in which a human agent manually initiates each outbound message do not fall within the definition of an autodialer and are therefore not subject to the TCPA's prior-express-consent requirement. In 2021, the U.S. Supreme Court unanimously held in Facebook, Inc. v. Duguid that the definition of an autodialer is limited to equipment that has the capacity to use a random or sequential number generator to store or produce telephone numbers to be called. Because the messages facilitated by our platform are derived from specific, targeted lists of registered voters, our P2P messaging platform does not utilize an autodialer in compliance with current interpretations of the TCPA.

The TCPA provides for a private right of action, allowing plaintiffs to seek statutory damages of $500 per violation, which can be tripled to $1,500 for willful or knowing violations. Consequently, the telecommunications industry has been subject to significant class-action litigation. In addition to the federal TCPA, numerous states have enacted "mini-TCPA" statutes that impose their own restrictions on automated communications, often utilizing broader definitions of restricted technology than the federal standard. We continually monitor judicial and regulatory developments at both the federal and state levels in order to ensure our operational safeguards remain compliant.

***Telecommunications Industry Guidelines and 10DLC***

In addition to formal government regulation, our messaging services are subject to the policies of the Cellular Telecommunications Industry Association ("CTIA") and individual mobile network operators. To combat spam, U.S. mobile carriers have implemented the 10-Digit Long Code ("10DLC") registration framework. This mandatory system requires organizations sending application-to-person messaging to register their legal brand and specific messaging campaigns with a central authority, The Campaign Registry. Political campaigns are designated as a special use case and must undergo a third-party vetting process to confirm their legitimacy before they are permitted to send messages over carrier networks. We endeavor to strictly adhere to these 10DLC registration requirements to ensure our clients maintain access to mobile networks. Although we and the political communications industry generally view peer-to-peer political messaging as implicating First Amendment protections, the 10DLC framework is administered by private carriers and trade associations whose policies are not subject to constitutional review in the same manner as government regulation, and we cannot assure that First Amendment-based positions will prevent restrictions imposed at the carrier or industry level.

***Federal Election Commission (FEC) and Campaign Finance Laws***

When we provide services to federal political campaigns and political action committees, the communications we facilitate are subject to regulation by the Federal Election Commission. FEC rules dictate that paid political public communications must include specific, clear disclaimers identifying the person or entity who paid for the communication and whether it was authorized by a candidate. Additionally, expenditures for these communications must be properly reported on campaign finance filings. When we provide services to campaigns or organizations at the state or local level, the communications we facilitate are subject to regulation by a diverse array of electoral authorities across the United States. Features such as disclaimer requirements and campaign finance disclosures are essentially universal, but the specific manner of compliance can vary significantly across jurisdictions. While our clients remain legally responsible for their own electoral compliance and the content of their messages, our platform provides integrated tools designed to assist clients in appending the required disclaimers to their outreach.

***Data Privacy Regulations***

We receive, process, and store contact information and demographic data regarding voters and constituents. Consequently, we are subject to a rapidly expanding patchwork of state data privacy laws, such as the California Consumer Privacy Act, the California Privacy Rights Act, and similar comprehensive privacy statutes enacted in states including Virginia, Colorado, and Utah. These laws generally grant residents the right to know what personal information is being collected about them, the right to access or delete that information, and the right to opt-out of the sale or sharing of their data. We maintain compliance frameworks designed to process consumer deletion requests and honor opt-out mechanisms in accordance with applicable state laws.

**Treasury Strategy**

In September 2025, our Board of Directors formally authorized a bitcoin accumulation strategy, permitting the Company to hold a portion of its liquid assets in bitcoin. However, as of March 31, 2026 and December 31, 2025, the Company has not purchased any bitcoin and does not currently anticipate deploying operational cash flows toward cryptocurrency acquisitions in the near term. Management's present strategy is to reinvest operational cash flows and financing proceeds directly into product development, platform expansion, and operational growth.

**Environmental Matters**

We have no material expenditures for compliance with federal, state or local provisions regulating the discharge of materials into the environment, or otherwise relating to the protection of the environment.

**Properties**

Our corporate headquarters are located at 1206 Laskin Road Suite 201-o, Virginia Beach, Virginia 23451. We rent our corporate headquarters at a rate of $695 per month pursuant to a six-month lease that automatically renews for a subsequent six-month term unless terminated by either party with 60 days advance notice. We expect that the facility will be used primarily for administrative purposes. All employees currently work remotely. We believe our existing facilities are adequate for our current needs and that suitable additional or substitute space will be available on commercially reasonable terms to meet our future needs.

**ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS**

Management's Discussion and Analysis of Financial Condition and Results of Operations is intended to provide a reader of our financial statements with a narrative from the perspective of our management on our financial condition, results of operations, liquidity, and certain other factors that may affect future results. The following discussion should be read in conjunction with the audited consolidated financial statements and accompanying notes appearing elsewhere in this Annual Report on Form 1-K.

**Overview**

FullPAC, Inc. (the "Company," "we," "us," or "our") operates as a technology infrastructure and communications provider that equips political campaigns, advocacy groups, non-profit organizations, governmental entities, and other clients with multi-channel voter outreach tools. We operate an end-to-end communications ecosystem that functions as a comprehensive outreach infrastructure for our clients, with established market presence in peer-to-peer (P2P) text messaging, voice broadcasting, direct mail, voter data and micro-targeting, public opinion polling, graphic design and creative services, and government communications.

Spending on elections in the United States has increased significantly. According to data from OpenSecrets, the average winner of a federal legislative election in 1990 spent $407,556 on their campaign, while the average winner in 2024 spent $2,541,800 — an increase of approximately 524% over the period. Total federal political spending across the same period also expanded materially, growing from approximately $1.8 billion across the entire 1992 cycle to a record-setting $15.9 billion in the 2024 cycle alone. We expect to benefit from the increasing institutionalization of political spending and the deepening political divide in the United States.

**Recent Developments**

***December 2025 Private Placement; January 2026 Private Placement; April 2026 Private Placement; Founder Share Sale***

On December 19, 2025, we issued and sold in a private placement an aggregate of 40,000 shares of Common Stock at a purchase price of $5.00 per share to one investor pursuant to the December 2025 Purchase Agreement, for aggregate gross proceeds of $200,000 (the "December 2025 Private Placement").

On January 6, 2026, we issued and sold in a private placement an aggregate of 160,000 shares of Common Stock at a purchase price of $5.00 per share to the same investor pursuant to the January 2026 Purchase Agreement, for aggregate gross proceeds of $800,000 (the "January 2026 Private Placement").

On April 24, 2026, we issued and sold in a private placement an aggregate of 519,258 shares of Common Stock at a purchase price of $5.00 per share to certain accredited investors pursuant to the April 2026 Purchase Agreements, for aggregate gross proceeds of $2,596,290 (the "April 2026 Private Placement"). We used the proceeds from the April 2026 Private Placement for working capital and to begin redeeming the Seed Notes.

In connection with the April 2026 Private Placement, Travis Trawick, our Chairman and Chief Executive Officer, sold an aggregate of 3,196,737 shares of the Company's Common Stock to the same accredited investors that were purchasers in the April 2026 Private Placement (the "Founder Share Sale"). The purchase price per share in the Founder Share Sale was $0.10, and Mr. Trawick received gross proceeds of approximately $320,000. The Company was not a party to the Founder Share Sale and did not receive any proceeds from the sale of shares by Mr. Trawick.

***Working Capital Financing***

On February 11, 2026, we entered into a revolving Business Line of Credit Agreement with Headway Capital, LLC, with a credit limit of $100,000 at a variable APR (initially 75.05%) and a 2.00% advance fee per draw (the "Headway Agreement"). The Headway Agreement is secured by substantially all assets of the Company and was personally guaranteed by Mr. Trawick. As of May 26, 2026, the outstanding advanced balance on the Headway Agreement was $93,888.

On February 11, 2026, the Company, RoboCent, Inc., Advocacy Lab LLC, and GOVT, Inc., on a joint and several basis, entered into a Standard Merchant Cash Advance Agreement with Pristine Capital Partners LLC pursuant to which we sold $151,900 of future receivables for a purchase price of $110,000, for net proceeds to the Company of $100,000 after a $10,000 origination fee (the "Pristine Agreement"). The Pristine Agreement is secured by substantially all assets of the Company and its subsidiaries and was personally guaranteed by Mr. Trawick. As of May 26, 2026, the outstanding advanced balance on the Pristine Agreement was $78,800.

On March 10, 2026, the Company entered into a Future Receipts Sale Agreement with Forward Financing LLC, a Delaware limited liability company (the "Forward Financing Agreement"), pursuant to which the Company sold $139,000 of future receipts to Forward Financing for a purchase price of $100,000, for net proceeds to the Company of $97,000 after a $3,000 origination fee. Forward Financing collects 3% of the Company's future receipts each month via weekly payments of $3,475, continuing until the earlier of (i) Forward Financing's receipt of the full $139,000 Amount Sold or (ii) three years from the Effective Date. The Forward Financing Agreement includes an Early Delivery Discount Addendum that gives the Company the option, on stated dates between the 30th and 300th day following the Effective Date, to satisfy its obligations by paying cumulative amounts ranging from $121,000 to $137,000. Mr. Trawick signed the Forward Financing Agreement as Principal and provided a guarantee of the Company's performance of certain operational covenants under the Forward Financing Agreement. As of May 26, 2026, the outstanding balance on the Forward Financing Agreement was $91,725.

***Seed Note Redemption***

As of May 22, 2026, we have redeemed Seed Notes with aggregate principal of $502,616 and accrued interest of $39,266, using proceeds from the April 2026 Private Placement and our ongoing Regulation A Offering. The cash paid in connection with such redemptions exceeded the aggregate principal and accrued interest of the redeemed Seed Notes by $2,257,408 (the "Qualified Financing Redemption Amount"), which excess amount is characterized as a "loss on settlement" in our consolidated financial statements. The Qualified Financing Redemption Amount reflects the contractually engineered redemption premium produced by the Seed Note redemption formula and is not an operating loss. As of May 22, 2026, the aggregate outstanding principal balance of the Seed Notes was $747,384 and the aggregate accrued interest was $84,977.

***Acquisition of Advocacy Lab; Subsequent Termination of Employment Agreements***

On September 29, 2025, and effective as of October 1, 2025, we entered into a Membership Interest Purchase Agreement with the founders and members of Advocacy Lab, pursuant to which we acquired Advocacy Lab for aggregate gross cash consideration of $45,000 (the "Advocacy Lab Acquisition"). In connection with the Advocacy Lab Acquisition, we entered into employment agreements (together, the "AL Employment Agreements") with each of the founders and previous members of Advocacy Lab (together, the "AL Founders"). Effective December 15, 2025, both of the AL Founders resigned from employment with the Company, which terminated our obligation to pay commissions or earn-out payments to either AL Founder subsequent to such date. The resignation of the AL Founders does not otherwise affect the Advocacy Lab Acquisition or our right to the technology and intellectual property of Advocacy Lab.

***Bitcoin Strategy***

In September 2025, our Board of Directors formally authorized a bitcoin accumulation strategy, permitting the Company to hold a portion of its liquid assets in bitcoin. However, as of March 31, 2026 and December 31, 2025, the Company has not purchased any bitcoin and does not currently anticipate deploying operational cash flows toward cryptocurrency acquisitions in the near term. Management's present strategy is to reinvest operational cash flows and financing proceeds directly into product development, platform expansion, and operational growth.

***Stripe Capital Loans***

On October 7, 2025, RoboCent entered into a Loan Agreement with Stripe Servicing, Inc. and Celtic Bank pursuant to the Stripe Capital Program with a loan amount of $123,400 and a fixed fee of $12,957, for a total repayment amount of $136,357 (the "First Stripe Capital Loan"). The First Stripe Capital Loan was secured by substantially all of RoboCent's assets and was repaid by withholding 25% of client payments processed through the Stripe payment processing platform. We completed repayment on the First Stripe Capital Loan on December 11, 2025.

On December 11, 2025, RoboCent entered into a second Loan Agreement with Stripe Servicing, Inc. and Celtic Bank pursuant to the Stripe Capital Program with a loan amount of $153,500 and a fixed fee of $14,736, for a total repayment amount of $168,236 (the "Second Stripe Capital Loan"), on substantially the same terms as the First Stripe Capital Loan except for a minimum payment of $18,693 every 60 days. We completed repayment on the Second Stripe Capital Loan on March 11, 2026.

On March 11, 2026, RoboCent entered into a third Loan Agreement with Stripe Servicing, Inc. and Celtic Bank pursuant to the Stripe Capital Program with a loan amount of $229,100 and a fixed fee of $27,492, for a total repayment amount of $262,592 (the "Third Stripe Capital Loan"). The Third Stripe Capital Loan is repaid by withholding 22% of client payments processed through the Stripe payment processing platform, subject to minimum payments of $28,511 every 60 days. We may repay the outstanding balance of the Third Stripe Capital Loan in whole or in part at any time without penalty. As of May 26, 2026, the aggregate outstanding principal balance of the Third Stripe Capital Loan was $143,572.

On February 6, 2026, Advocacy Lab LLC entered into a Loan Agreement with Stripe Servicing, Inc. and Celtic Bank pursuant to the Stripe Capital Program with a loan amount of $23,300 and a fixed fee of $3,378, for a total repayment amount of $26,678 (the "Advocacy Lab Stripe Capital Loan"). The Advocacy Lab Stripe Capital Loan is repaid by withholding 30% of client payments processed through the Stripe payment processing platform, subject to minimum payments of $2,964.23 every 60 days. The Advocacy Lab Stripe Capital Loan matures at the earlier of payoff or eighteen months from origination. As of May 26, 2026, the aggregate outstanding principal balance of the Advocacy Lab Stripe Capital Loan was $17,091.

***OnDeck Term Loan***

On October 17, 2025, we entered into a Term Loan Agreement with ODK Capital, LLC with a principal amount of $200,000 and an interest expense of $63,780 (the "OnDeck Term Loan"). The OnDeck Term Loan has an 18-month term and is scheduled to be repaid in 78 weekly payments of $3,382. The OnDeck Term Loan is secured by a blanket lien on substantially all of the assets of the Company and is guaranteed by Mr. Trawick. If we repay the OnDeck Term Loan in whole prior to maturity, the interest expense is reduced by 25%. As of May 26, 2026, the aggregate outstanding principal balance of the OnDeck Term Loan was $179,989.

***Govtext Asset Purchase***

On January 5, 2026, FullPAC, Inc. and its wholly owned subsidiary GOVT, Inc. entered into an asset purchase agreement with Govtext, LLC and Elnatan Rudolph (together, the "Sellers") to purchase certain assets of the Sellers related to their constituent-outreach business ("Govtext"). The Company agreed to pay $30,000 in cash to the Sellers. In connection with the acquisition, the Company also entered into an Independent Referral Partner Agreement with Mr. Rudolph.

***Related-Party Financing***

In March 2026, Isaac Dietrich, our Chief Financial Officer and a member of our Board of Directors, made a short-term, unsecured, non-interest-bearing loan to the Company in the principal amount of $14,980. The Company repaid the loan in full in cash in April 2026. Our Board of Directors approved the loan and determined that its terms were more favorable to the Company than terms that would have been available from an unrelated party. See "Item 5. Interest of Management and Certain Persons in Certain Transactions — Short-Term Loan from Isaac Dietrich."

In April 2026, Travis Trawick, our Chief Executive Officer and Chairman of the Board of Directors, made a short-term, unsecured, non-interest-bearing loan to the Company in the principal amount of $4,700. The Company repaid the loan in full in cash in May 2026. Our Board of Directors approved the loan and determined that its terms were more favorable to the Company than terms that would have been available from an unrelated party. See "Item 5. Interest of Management and Certain Persons in Certain Transactions — Short-Term Loan from Travis Trawick."

***Subsequent Events***

*Related-Party Consulting Arrangement.* On April 14, 2026, the Company entered into a Consulting Agreement with Trey Trawick, an immediate family member of our Chief Executive Officer, for AI consulting services at a rate of $5,000 per month, and on April 18, 2026, the Company granted Mr. Trey Trawick a Restricted Stock Award for 10,000 shares from the Founders Share Plan in connection with services rendered. See "Item 5. Interest of Management and Certain Persons in Certain Transactions — Consulting and Equity Arrangements with Trey Trawick."

*Cash Bonus to Daniel Flowers.* In April 2026, the Company paid Mr. Flowers, our Chief Technology Officer and Chief Operations Officer, a cash bonus of $35,911.12 to offset tax liabilities arising from prior equity grants and in recognition of substantial additional work in connection with the 2026 Pollies Conference. See "Item 5. Interest of Management and Certain Persons in Certain Transactions — Cash Bonus to Daniel Flowers."

**Fiscal Year Ended December 31, 2025, Compared to the Fiscal Year Ended December 31, 2024**

The following is a comparison of our results of operations for the years ended December 31, 2025 and 2024:

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| | | | |
|:---|:---|:---|:---|
|  | **Year Ended <br> Dec. 31, 2025** | **Year Ended <br> Dec. 31, 2024** | **Change** |
| Revenue | $1455884 | $881051 | $574833 |
| Cost of revenue | 696758 | 399404 | 297354 |
| **Gross profit** | $**759126** | $**481647** | $**277479** |
| **Operating expenses:** |  |  |  |
| &nbsp;&nbsp;&nbsp;General and administrative | 1520027 | 201925 | 1316102 |
| &nbsp;&nbsp;&nbsp;Research and development | 381418 | 48230 | 333188 |
| &nbsp;&nbsp;&nbsp;Depreciation and amortization expense | 21400 | 55286 | 33886 |
| &nbsp;&nbsp;&nbsp;Advertising and marketing | 268380 | 58318 | 212062 |
| &nbsp;&nbsp;&nbsp;Legal and professional | 378025 | 25311 | 352714 |
| **Total operating expenses** | $**2569250** | $**389070** | $**2180180** |
| **Operating income (loss)** | $**(1810124)** | $**92577** | $**(1902701)** |
| **Other income (expense):** |  |  |  |
| &nbsp;&nbsp;&nbsp;Interest expense | (123652) | (16479) | (107173) |
| &nbsp;&nbsp;&nbsp;Other income | 7877 |  | 7758 |
| **Total other income (expense)** | $**(115775)** | $**(16479)** | $**(9296)** |
| **Net income (loss) before income tax** | $**(1925899)** | $**76098** | $**(2001997)** |
| Income tax provision (benefit) | 2107 | (2991) | (5098) |
| **Net income (loss)** | $**(1923792)** | $**73107** | $**(1996899)** |

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***Revenue***

We had revenue of $1,455,884 for the year ended December 31, 2025, as compared to $881,051 for 2024. The increase in revenue of $574,833 was mainly due to an increased number of sales and operational personnel, which enabled us to support an increased volume of P2P messaging campaigns during the 2025 election cycle, and the contribution of revenue from the Advocacy Lab Acquisition.

***Cost of Revenue***

The increase in cost of revenue of $297,354 for the year ended December 31, 2025 compared to 2024 was mainly due to the increase in our volume of messaging campaigns during the 2025 election cycle.

***Operating Expenses***

The increase in general and administrative expenses of $1,316,102 for the year ended December 31, 2025 compared to 2024 was due to our increased operations in the 2025 election cycle and expenses related to filing our Form 1-A Offering Statement, qualifying our Regulation A Offering, and preparing for our anticipated public listing. Research and development expenses increased by $333,188 as we expanded internal AI-driven development of our client platform. Depreciation and amortization decreased by $33,886.

***Interest Expense***

Interest expense increased by $107,173 for the year ended December 31, 2025 as compared to 2024. The increase is mainly due to the Senior Secured Notes the Company entered into during the year ended December 31, 2025, the Stripe Capital Loans, and the OnDeck Term Loan.

***Other Income***

Other income increased by $7,877 for the year ended December 31, 2025 as compared to 2024. The increase is mainly due to credit card point redemptions and other miscellaneous income items.

***Income Tax Expense***

We had a state income tax provision of $2,107 during the year ended December 31, 2025, as compared to an income tax benefit of $2,991 for 2024. The income tax is related to pass-through entity taxes in the state of Virginia.

**Liquidity and Capital Resources**

***Overview***

As of December 31, 2025, we had cash and cash equivalents of $39,407 and a working capital deficit of $1,520,347. As of December 31, 2024, we had cash and cash equivalents of $148,368 and a working capital deficit of $1,427,400. We expect to use our cash and cash equivalents and the net proceeds from our ongoing Regulation A Offering, the April 2026 Private Placement, our existing debt facilities, and other financing arrangements to fund our operations and pursue our business strategy.

***Going Concern***

Our consolidated financial statements as of and for the year ended December 31, 2025 have been prepared assuming we will continue as a going concern. As discussed in Note 2 to our consolidated financial statements, our recurring losses, negative working capital position, and limited cash resources raise substantial doubt about our ability to continue as a going concern. To address these conditions, since year-end we have continued the Regulation A Offering, completed the April 2026 Private Placement and Founder Share Sale, entered into multiple working capital financing arrangements, and begun redeeming the Seed Notes. We will continue to evaluate additional financing alternatives. There can be no assurance that we will obtain additional financing on acceptable terms, or at all.

***Sources of Liquidity***

Our principal sources of liquidity during the year ended December 31, 2025 were (i) cash generated from operations, (ii) the Regulation A Offering qualified by the Securities and Exchange Commission on December 8, 2025, (iii) the December 2025 Private Placement and the January 2026 Private Placement, (iv) the Senior Secured Notes issued by RoboCent, Inc. between June and September 2025, (v) the First and Second Stripe Capital Loans, and (vi) the OnDeck Term Loan. Since December 31, 2025, we have added additional sources of liquidity through (a) the April 2026 Private Placement, (b) the Third Stripe Capital Loan, (c) the Advocacy Lab Stripe Capital Loan, (d) the Headway Agreement, (e) the Pristine Agreement, and (f) the Forward Financing Agreement, each of which is described above under "Recent Developments."

**Material Weaknesses in Internal Control over Financial Reporting**

As of December 31, 2025, we identified material weaknesses in our internal control over financial reporting. A material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting such that there is a reasonable possibility that a material misstatement of the annual or interim financial statements will not be prevented or detected on a timely basis. The material weaknesses identified are summarized below.

*Entity-Level Controls*. We determined that (i) we do not have an independent audit committee or a director designated as a financial expert to oversee financial reporting; and (ii) our risk assessment procedures are not sufficiently documented.

*Transaction-Level Controls*. We determined that we do not have (i) a sufficient number of staff in the financial reporting function, (ii) an adequate number of staff to permit appropriate segregation of duties, and (iii) sufficient written procedures over financial reporting.

*Information Technology Controls*. We determined that we do not have staff with the competency and resources to implement adequate information technology controls.

*Remediation*. We are committed to remediating the material weaknesses identified above and have taken, and continue to take, the following steps toward remediation: engaging a part-time financial controller; appointing Isaac Dietrich as Chief Financial Officer effective December 8, 2025; developing documented procedures for financial reporting and risk assessment; hiring a full-time controller; and identifying qualified independent directors (Mr. Adelman, Dr. Massey, and Mr. Steele) for appointment effective on a Public Listing. The material weaknesses identified above will not be considered fully remediated until the applicable controls have been implemented, have operated effectively for a sufficient period of time, and have been tested.

***Cash Flows***

The following is a summary of our cash flows from operating, investing, and financing activities for the years ended December 31, 2025 and 2024:

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| | | |
|:---|:---|:---|
|  | **Year Ended <br> Dec. 31, 2025** | **Year Ended <br> Dec. 31, 2024** |
| Cash used in operating activities | $(1435919) | $(97121) |
| Cash used in investing activities | $(3476) | $(66329) |
| Cash provided by financing activities | $1330434 | $64925 |
| **Net change in cash** | $**(108961)** | $**95767** |

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***Cash Used in Operating Activities***

Net cash used in operating activities was $1,435,919 for the year ended December 31, 2025 and $97,121 for the year ended December 31, 2024. The increase in cash used in operating activities was primarily attributable to increased headcount, expanded operational activity in support of the 2025 election cycle, and legal and professional expenses incurred in connection with our Form 1-A Offering Statement and our preparation for a public listing.

***Cash Used in Investing Activities***

Net cash used in investing activities was $3,476 and $66,329 for the years ended December 31, 2025 and 2024, respectively, and primarily consisted of payments for purchase of property, plant, and equipment and capitalized internal software development costs.

***Cash Provided by Financing Activities***

Net cash provided by financing activities was $1,330,434 and $64,925 for the years ended December 31, 2025 and 2024, respectively. The increase reflects the proceeds from the Senior Secured Notes, the Stripe Capital Loans, the OnDeck Term Loan, the December 2025 Private Placement, and the Regulation A Offering, net of repayments under our credit facilities.

**Critical Accounting Policies**

***Use of Estimates***

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, expenses, and the disclosure of contingent assets and liabilities. Actual results could differ from those estimates.

***Revenue Recognition***

We had revenue of $1,455,884 and $881,051 for the years ended December 31, 2025 and 2024, respectively. We primarily generate revenue by facilitating the sending of communications for political organizations, including text messages and automated calls. We recognize revenue when our performance obligation is satisfied, which is generally upon delivery of the underlying communications service. Upon effectiveness of our acquisition of Advocacy Lab in October 2025, we also began generating monthly recurring subscription revenue for access to its creative platform. As of December 31, 2025 and 2024, we had a contract liability of $0 and $0, respectively, for services customers had paid for and we had not yet delivered.

***Capitalized Software Development Costs***

The Company capitalizes certain costs related to the development and enhancement of the Company's platform. Such costs are amortized when placed in service, on a straight-line basis over the estimated useful life of the software.

**Known Trends, Events and Uncertainties**

We are subject to risks and uncertainties common to companies in our industry, including but not limited to, the cyclical nature of our business being closely tied to the political election calendar in the United States; the regulatory environment governing telephone marketing and political communications; the evolving rules and policies of mobile network operators regarding A2P messaging; and concentration of revenue among a limited number of political clients.

**Recently Issued Accounting Pronouncements**

For a summary of our recent accounting policies, please refer to Note 2, Summary of Significant Accounting Policies and Supplemental Disclosures, of the accompanying notes to our consolidated financial statements in Part F/S of this Annual Report on Form 1-K.

**ITEM 3. DIRECTORS AND OFFICERS**

The following table sets forth information regarding our directors and executive officers as of the date of this Annual Report on Form 1-K.

---

| | | |
|:---|:---|:---|
| **Name** | **Position Held with Our Company** | **Officer/Director Since** |
| ***Executive Officers*** | ***Executive Officers*** | ***Executive Officers*** |
| Travis Trawick | Co-Founder and Chief Executive Officer | Inception |
| Isaac Dietrich | Co-Founder and Chief Financial Officer | December 2025 |
| Daniel Flowers | Chief Technology Officer and Chief Operations Officer | September 2025 |
| Ryan Deal | General Counsel and Secretary | June 2025 |
| Hector Garcia | Chief Revenue Officer | January 2026 |
| ***Directors*** | ***Directors*** | ***Directors*** |
| Travis Trawick | Chairman | Inception |
| Isaac Dietrich | Executive Director | December 2025 |
| Joanna Dodd Massey | Lead Independent Director-Elect | To be effective upon Public Listing |
| Robert Steele | Independent Director-Elect | To be effective upon Public Listing |
| Jason Adelman | Independent Director-Elect | To be effective upon Public Listing |

---

**Business Experience**

***Travis Trawick, Co-Founder, Chairman, and Chief Executive Officer***

Travis Trawick co-founded RoboCent in 2013, initially developing internal software to help local political clients execute more affordable and effective voter outreach. Mr. Trawick pivoted RoboCent's focus to offering this innovative platform nationwide, enabling campaigns and nonprofits of all sizes and backgrounds to deploy highly personalized, data-driven outreach strategies.

As Chairman and CEO since incorporation, Mr. Trawick has built RoboCent into a top provider of campaign communication solutions by combining technical, regulatory, and operational expertise. He has led the Company with an apolitical, nonpartisan approach, providing powerful tools that empower organizations of any affiliation to connect effectively with their audiences. Mr. Trawick has overseen outreach programs for more than 5,000 campaigns, including over 150 statewide races, 180 U.S. House campaigns, 4,000 local elections, nearly 100 party committees, and ballot-measure initiatives across more than 15 states. Recognized as a leading expert in political communications technology, he specializes in TCPA-compliant phone outreach, 10DLC registration, and advanced voter engagement techniques.

Mr. Trawick has served as lead panelist at the Mobile Ecosystem Leadership Forum Americas, is an active member of industry organizations focused on telecom and political technology, and invests in early-stage technology ventures led by entrepreneurs with disciplined execution plans. His adaptive leadership and specialized expertise position FullPAC as a leading provider of compliant, impactful voter outreach solutions.

We believe Mr. Trawick is qualified to serve as a member of our Board of Directors because of his substantial experience providing voter outreach solutions for political campaigns, knowledge of and familiarity with the industry, and demonstrated history of building RoboCent into a leading provider of campaign communication solutions.

***Isaac Dietrich, Co-Founder, Executive Director, and Chief Financial Officer***

Isaac Dietrich co-founded RoboCent in 2013 and serves as Executive Director and Chief Financial Officer of FullPAC, Inc., both effective December 8, 2025.

Additionally, Mr. Dietrich has served as Thumzup Media Corporation's ("Thumzup") Chief Financial Officer and a member of its Board of Directors from October 2024 to December 2025. He was instrumental in closing approximately $70 million in offerings of common stock and common stock equivalents, along with the acquisition of Dogehash Technologies that resulted in the formation of Datacentrex, Inc. in December 2025. As Director of Finance from September 2022 to October 2024, Mr. Dietrich guided Thumzup to a successful Nasdaq listing.

From April 2013 to April 2025, Mr. Dietrich was pivotal in closing $100 million through the sale of equity instruments while handling financial reporting, corporate communications, and exchange compliance matters for Greenwave Technology Solutions, Inc. ("Greenwave"), a metal recycling company which generated $33 million in 2024 revenue, and for which he served as Chief Financial Officer from April 2023 to April 2025.

Mr. Dietrich previously held the following positions with Greenwave: Chief Executive Officer (April 2013 – October 2017, December 2017 – September 2021); Chairman of the Board (April 2013 – October 2017, December 2018 – June 2021); Chief Financial Officer (April 2013 – May 2014, August 2017 – October 2017, March 2021 – November 2021, April 2023 – April 2025); and a member of its Board of Directors (April 2013 – November 2021). Mr. Dietrich was a consultant to Greenwave from February 2022 to April 2023. From February 2023 through December 2025, Mr. Dietrich served on Truleum, Inc.'s Board of Directors and as Chairman of its Audit Committee.

We believe Mr. Dietrich is qualified to serve as a member of our Board of Directors because of his background as a public company executive and director, his history with the Company and background in the industry, and his experience in raising funds through the sale of equity instruments.

***Daniel Flowers, Chief Technology Officer and Chief Operations Officer***

Daniel Flowers began providing contracting services to FullPAC, Inc. in August 2025, was appointed our Chief Technology Officer effective September 1, 2025, and was appointed as Chief Operations Officer effective November 20, 2025. Mr. Flowers served as Chief Executive Officer of Issuetrak, Inc. ("Issuetrak") (a privately held provider of help desk and issue tracking software solutions) from March 2020 to August 2025. He joined Issuetrak in 2012 and has held the positions of Cloud Administrator, IT Administrator, Director of IT and Support, Director of Technical Operations, and Vice President of DevOps prior to his appointment as CEO. His responsibilities included setting corporate strategy, overseeing product development and infrastructure, managing multi-department operations, establishing security and compliance programs (SOC 2, HIPAA, GDPR, PCI, FedRAMP, NIST 800-53), implementing cloud migrations, and driving customer satisfaction initiatives. Under his leadership, Issuetrak achieved a world-class Net Promoter Score (NPS) in the high-90's, a 99.8%+ customer satisfaction rating over a 24-month period, and completed a multi-million-dollar migration of its infrastructure from Rackspace to AWS. He also delivered substantial improvements in product quality, expanded feature offerings, accelerated release cadence, strengthened customer engagement programs, and generated sustained growth in both revenue and profitability.

From August 2006 to March 2012, Mr. Flowers was employed by Cegedim Relationship Management (a global life sciences CRM and data services provider) in Chesapeake, Virginia, where he progressed from Customer Service Representative to Technical Support Analyst Supervisor, managing technical support teams, overseeing client service delivery, and maintaining service level agreements.

Mr. Flowers holds numerous professional certifications, including Microsoft Certified Professional, AWS Cloud Practitioner, and Certified ScrumMaster, and has received multiple leadership and performance awards, including HDI Analyst of the Year and Issuetrak's Above and Beyond Award for Outstanding Work Ethic. He has served as Vice President of Content Relations and previously as President for the Southern Virginia HDI chapter, contributing to the advancement of IT service management practices.

Mr. Flowers studied Information Technology at Tidewater Community College and has pursued a Bachelor of Science degree in Cloud Computing and Solutions at Purdue University Global. His professional competencies include information technology infrastructure design, risk management, cybersecurity, human capital management, SaaS product development, and strategic planning.

For many years, Mr. Flowers has been an active member of Vistage, the world's largest CEO coaching and peer advisory organization for small and midsize business leaders. Through Vistage, he has engaged in confidential peer advisory boards, executive coaching, and strategic leadership development, leveraging the program to enhance decision-making, governance practices, and organizational growth strategies.

***Ryan Deal, General Counsel and Secretary***

Ryan Deal has been General Counsel and Secretary of FullPAC, Inc. since its formation in June 2025. Between August 2021 and August 2023, Mr. Deal was an associate in the general practice group at Sullivan & Cromwell LLP, where he represented public companies and financial institutions in a range of capital markets, corporate finance, and governance matters. Mr. Deal's practice focused on advising early-stage public companies and late-stage private companies on matters of securities and corporate law, including debt and equity financing transactions and Exchange Act reporting. From August 2023 to June 2025 when he joined the Company, Mr. Deal conducted independent research and private investment. Mr. Deal holds a B.A. in political science and sociology from Rice University and a J.D. from Washington University School of Law, where he was Articles Editor for the Washington University Law Review and graduated magna cum laude. His Note "It's Five O'Clock Everywhere: A Framework for the Modernization of Time" received the 2021 Scribes Law Review Award as the best student-written article in a law review or journal. Mr. Deal is an active member of the State Bar of California.

***Hector Garcia, Chief Revenue Officer***

Hector Garcia began providing revenue leadership support to FullPAC, Inc. in July of 2025 and was appointed our Chief Revenue Officer effective January 1, 2026. Mr. Garcia has more than 15 years of experience leading revenue growth, go-to-market strategy, and enterprise sales operations across technology-enabled services, SaaS platforms, telecommunications, and data infrastructure markets.

From April 2024 to July 2025, Mr. Garcia was Senior Sales Director, Americas at NetNumber, Inc., a provider of data-driven routing, identity, and fraud mitigation services to telecommunications providers and enterprise customers, where he expanded the qualified sales pipeline from approximately $125,000 to over $15 million. From November 2022 to April 2024, he was Senior Sales Director at Evergent, Inc., a cloud-based subscription management and monetization software for telecommunications and media companies, where he managed a qualified sales pipeline of approximately $25 million. From January 2019 to November 2022, Mr. Garcia was Vice President at Calvi, a technology and consulting firm serving SaaS, fintech, and telecommunications clients where he was responsible for revenue growth and commercial strategy across the Americas.

Mr. Garcia previously served as Managing Director of the Americas for Intense Technologies from May 2014 to January 2019 and Head of Sales, Americas at iBasis from January 2007 to May 2014. He began his professional career as a submariner in the United States Navy, where he received advanced technical and leadership training and operated in highly regulated, mission-critical environments.

Mr. Garcia has extensive experience leading complex sales cycles with Tier 1 telecommunications providers and other regulated and technology-driven industries and provides deep expertise in revenue strategy, customer acquisition and retention, pricing and contract negotiations, and the development of scalable commercial organizations.

***Joanna Dodd Massey, Lead Independent Director-Elect (effective upon Public Listing)***

Dr. Joanna Dodd Massey will serve as a director of FullPAC, Inc. effective upon a Public Listing and is an experienced public company board director. Her other board roles include KULR Technology Group (NYSE American: KULR) ("KULR"), a Bitcoin-Plus Treasury company building frontier technology from high-performance energy systems to AI Robotics. She serves as Lead Independent Director, Chair of Nominating and Corporate Governance, and a member of the Audit and Compensation Committees for KULR.

Dr. Massey served on the board of Datacentrex, Inc. (Nasdaq: DTCX), formerly known as Thumzup, from October 2024 through December 15, 2025 (after previously serving on Thumzup's Board of Advisors since 2023). During her tenure on the Thumzup board, Dr. Massey served as Chair of the Nominating and Corporate Governance Committee and as a member of the Audit and Compensation Committees. She previously served as Chairman of the Board for TessPay, Inc., a financial technology platform that utilizes blockchain technology to provide payment assurance and liquidity. In addition to her Chairman role, she served as Chair of Nominating and Corporate Governance, and a member of the Audit Committee. From September 2021 until June 2025, Dr. Massey served as an independent director of The Hollywood Foreign Press Association. Since 2019, she has also worked as a Management Consultant for her eponymous company, J.D. Massey Associates, Inc.

Throughout her career, Dr. Massey has held various roles, including assisting micro-cap and small/mid-cap companies in attracting institutional investors and expand market share by advising them on enterprise risk management and corporate governance. Dr. Massey's expertise in crisis communications and brand reputation management enables her to anticipate stakeholder reactions and advise on change management and navigating risk. As a corporate communications executive, Dr. Massey has managed integration during major merger and acquisition transactions at Lionsgate, CBS, and Discovery; corporate turnaround as Condé Nast pivoted from print to video; and crisis communications with consumers, employees, investors, regulators, and politicians.

Dr. Massey holds multiple graduate degrees in business, law, and psychology. She has a Master of Science in Legal Studies from Cornell Law School; an MBA from the University of Southern California (USC) and a Graduate Certificate in Corporate Finance from Harvard; as well as a Doctorate in Transpersonal Psychology from Sofia University, and a Master of Arts in Clinical Psychology from Antioch University, Los Angeles. Dr. Massey earned a Bachelor of Arts in Journalism from USC.

We believe Dr. Massey is qualified to serve as a member of our Board of Directors because of her governance background as a public company director, corporate communications executive, and over 30 years of experience advising chairmen and CEOs during the most challenging times, including major crises, whistleblower complaints, public-facing lawsuits, and merger and acquisition transactions, in addition to her extensive academic credentials in both finance and business administration, as well as corporate law.

***Robert Steele, Independent Director-Elect (effective upon Public Listing)***

Robert Steele will serve as a director of FullPAC, Inc. effective upon a Public Listing. Mr. Steele has been a director of Datacentrex, Inc. (Nasdaq: DTCX) (f/k/a Thumzup Media Corporation) since October 2020, Chief Financial Officer since December 2025, and was the Chief Executive Officer from October 2020 until December 2025. From October 2019 until present, Mr. Steele has operated a consulting business that has provided investor relations, financial, sales and marketing consulting services to various clients. Mr. Steele was the Director of Client Positioning at IRTH Communications, LLC from January 2017 to September 2019. From May 2016 through December 2016, Mr. Steele was an independent consultant rendering sales, marketing and investor relations services. From January 2010 to May 2016, Mr. Steele was the President of Rightscorp, Inc. ("Rightscorp"). While at Rightscorp, Mr. Steele designed and deployed patented intellectual property software as a service (SaaS) tools that were used by major brands like Warner Bros. to protect their intellectual property. As President of Rightscorp, Mr. Steele led the design of the software used by clients like Sony/ATV and BMG. BMG successfully used Mr. Steele's technology to win a landmark $25 million judgment against Cox Communications for copyright infringement. Mr. Steele holds a BS in Electronic and Computer Engineering from George Mason University.

We believe Mr. Steele is qualified to serve as a member of our board of directors due to his extensive experience as an executive at publicly traded companies and his demonstrated expertise in technology.

***Jason Adelman, Independent Director-Elect (effective upon Public Listing)***

Jason Adelman will serve as a director of FullPAC, Inc. effective upon a Public Listing. Mr. Adelman brings extensive experience in advising and investing in emerging growth companies in the technology, media, medical device and biotech sectors. Mr. Adelman was the lead banker in Computer Motion's merger with Intuitive Surgical and was a member of the board of directors of Pharmacyclics prior to its acquisition by Abbvie for over $20 billion. Currently, Mr. Adelman serves as a member of the board of directors of Trio-Tech International, a global semiconductor services company, and Oblong, Inc., a leader in next generation collaboration technologies. He served as a member of Greenwave Technology Solutions, Inc.'s board of directors from August 2023 to April 2025. Prior to founding Burnham Hill Capital Group, LLC in 2003, Mr. Adelman served as Managing Director of Investment Banking at H.C. Wainwright and Co., Inc. Mr. Adelman holds a B.A. degree in Economics from the University of Pennsylvania and a J.D. degree from Cornell Law School.

We believe Mr. Adelman is qualified to serve as a member of our Board of Directors because of his experience advising emerging growth companies, his past service as a director for public companies, and his academic credentials in finance and law.

**Composition of the Board of Directors**

Our Board of Directors currently consists of two members, Mr. Trawick and Mr. Dietrich. Effective upon a Public Listing, our Board of Directors will be expanded to five members through the appointments of Dr. Massey, Mr. Steele, and Mr. Adelman as our independent directors. Our Bylaws provide that our directors may be removed with or without cause by the affirmative vote of holders of a majority of the shares entitled to vote.

**Board Committees**

Effective upon a Public Listing, our Board of Directors will have a standing Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee. The composition of each committee, the responsibilities of each committee, and the qualifications of the committee members will be governed by written charters adopted by our Board of Directors. Prior to a Public Listing, the full Board of Directors, currently consisting of Mr. Trawick and Mr. Dietrich, performs the functions that would otherwise be delegated to the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee.

**Corporate Governance**

***Code of Business Conduct and Ethics***

Our Board of Directors has prospectively adopted a Code of Business Conduct and Ethics that will apply to all directors, officers, and employees, as well as certain contractors and consultants. The Code of Business Conduct and Ethics will become effective upon a Public Listing.

***Insider Trading Policy***

We have prospectively adopted an Insider Trading Policy that will apply to all directors, officers, employees, and certain consultants and contractors, as well as their family members and entities they control. The Insider Trading Policy will become effective upon a Public Listing.

***Whistleblower Policy***

We have prospectively adopted a Whistleblower Policy that provides a process for employees and others to report good-faith concerns about suspected violations of laws, ethics, or Company policies. The Whistleblower Policy will become effective upon a Public Listing.

***Compensation Recovery (Clawback) Policy***

In contemplation of compliance with Nasdaq listing standards, we have prospectively adopted a compensation recovery policy (the "Clawback Policy") that will require the Company to recover erroneously awarded incentive-based compensation from current and former executive officers in the event of a financial restatement. The Clawback Policy will become effective upon a Public Listing.

**Family Relationships**

There are no family relationships among any of our directors or executive officers.

**Involvement in Certain Legal Proceedings**

There are no legal proceedings involving any of our directors or executive officers that are required to be disclosed pursuant to applicable rules of the Securities and Exchange Commission.

**Arrangements between Officers and Directors**

Except as set forth below, none of our directors were selected pursuant to any arrangement or understanding with any person other than with our directors acting in their capacity as such.

Trawick Side Letter. On July 21, 2025, the Company entered into a Side Letter Agreement with Mr. Trawick (the "Trawick Side Letter") pursuant to which, for so long as Mr. Trawick beneficially owns shares representing at least 33.34% of the voting power of the Company's outstanding common stock, Mr. Trawick has the right to (i) designate one member of the Board of Directors (which person may be Mr. Trawick himself or another individual of his choosing) and (ii) at his election, serve as Chairperson of the Board of Directors. The designation right under the Trawick Side Letter is independent of Mr. Trawick's role as a stockholder and survives any reduction in his voting power so long as he remains above the 33.34% threshold. The Trawick Side Letter may be terminated by mutual agreement or, automatically, if Mr. Trawick ceases to hold at least 33.34% of the Company's voting power, and is subject to the rules of any national securities exchange on which the Company's common stock is listed. The foregoing description is qualified in its entirety by reference to the Trawick Side Letter, a copy of which is filed as Exhibit 6.3 to this Annual Report.

**Executive Compensation**

***Summary Compensation Table***

The following table summarizes the total compensation paid to or earned by our three highest-paid executive officers for services rendered during the fiscal year ended December 31, 2025.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Name and Principal Position** | **Year** | **Salary ($)** | **Stock Awards ($)<sup>(1)</sup>** | **All Other Compensation ($)** | **Total ($)** |
| Travis Trawick | 2025 | 142509 |  | 19219 | 161728 |
| *Chief Executive Officer and Chairman* | 2024 | 60609 |  | 24425 | 85034 |
| Isaac Dietrich<sup>(2)</sup> | 2025 | 113647 | 120900 |  | 234547 |
| *Chief Financial Officer* |  |  |  |  |  |
| Ryan Deal<sup>(2)</sup> | 2025 | 106703 | 30000 | 1200 | 137903 |
| *General Counsel and Secretary* |  |  |  |  |  |

---

(1) Stock awards reflect
the aggregate grant-date fair value of restricted stock awards granted during the fiscal year, computed in accordance with FASB ASC Topic
718. (2) Mr. Dietrich and
Mr. Deal commenced service in their current officer roles in 2025 and were not named executive officers in 2024.

***Narrative Disclosure to Summary Compensation Table***

*Travis Trawick.* We entered into an employment agreement with Mr. Trawick effective July 1, 2025 (the "Trawick Employment Agreement"). The Trawick Employment Agreement provides for an annual base salary, eligibility for an annual discretionary bonus, and participation in the Company's benefit programs consistent with those provided to similarly situated executive officers.

*Isaac Dietrich.* We entered into an employment agreement with Mr. Dietrich effective December 8, 2025 (the "Dietrich Employment Agreement"), pursuant to which he serves as our Chief Financial Officer. The Dietrich Employment Agreement provides for an annual base salary, an initial restricted stock award, eligibility for an annual discretionary bonus, and participation in the Company's benefit programs.

*Ryan Deal.* We entered into an employment agreement with Mr. Deal effective September 1, 2025 (the "Deal Employment Agreement"), pursuant to which he serves as our General Counsel and Secretary. The Deal Employment Agreement provides for an annual base salary, an initial restricted stock award, eligibility for an annual discretionary bonus, and participation in the Company's benefit programs.

***2025 Long-Term Incentive Plan (the "Founders Share Plan")***

Holders of a majority of the issued and outstanding shares of Common Stock approved the adoption of a 2025 Long-Term Incentive Plan (the "Founders Share Plan"), providing the Company with the ability to utilize various forms of equity-based and cash-based incentive awards to recruit, retain, and motivate key personnel, contractors, and non-employee directors. The Founders Share Plan is administered by the Board of Directors prior to a Public Listing; upon a Public Listing, the Compensation Committee of our Board of Directors will assume administrative authority. There are currently 257,500 shares of Common Stock reserved for future issuance under the Founders Share Plan.

**ITEM 4. SECURITY OWNERSHIP OF MANAGEMENT AND CERTAIN SECURITYHOLDERS**

The following table sets forth, as of May 26, 2026, certain information with respect to the beneficial ownership of our voting stock by (i) each director and executive officer of FullPAC, Inc. and (ii) all of our directors and executive officers as a group. We are not aware of any other person or group of affiliated persons that beneficially owns more than five percent of our outstanding Common Stock.

We have determined beneficial ownership in accordance with the rules of the Securities and Exchange Commission. Except as indicated in the footnotes below, the persons listed in the table are believed by us to have sole voting and investment power with respect to all shares of Common Stock beneficially owned by them. Percentage of beneficial ownership is computed on the basis of 21,674,138 shares of Common Stock issued and outstanding as of May 26, 2026 (consisting of 21,461,758 restricted shares and 212,380 shares sold in our Regulation A offering).

---

| | | |
|:---|:---|:---|
| **Name and Address of Beneficial Owner** | **Number of Shares of Common Stock Beneficially Owned** | **Percentage of Common Stock Beneficially Owned** |
| Directors and Officers |  |  |
| Travis Trawick<sup>(2)</sup> | 11803263 | 54.46% |
| Isaac Dietrich<sup>(3)</sup> | 2015000 | 9.30% |
| Ryan Deal<sup>(4)</sup> | 500000 | 2.31% |
| Daniel Flowers<sup>(5)</sup> | 500000 | 2.31% |
| Hector Garcia<sup>(6)</sup> | 250000 | 1.15% |
| All directors and executive officers as a group (5 persons) | 15068263 | 69.52% |

---

(1) Unless otherwise
noted, the business address of each of those listed in the table is c/o FullPAC, Inc., 1206 Laskin Road, Suite 201-o, Virginia Beach,
Virginia 23451.

(2) Consists of 11,803,263
shares of Common Stock.

(3) Consists of 2,015,000
shares of Common Stock.

(4) Consists of 500,000
shares of Common Stock.

(5) Consists of 500,000
shares of Common Stock.

(6) Consists of 250,000
shares of Common Stock.

Beneficial ownership is determined in accordance with Rule 13d-3 under the Securities Exchange Act of 1934. The percentage of beneficial ownership shown above is computed on the basis of 21,674,138 shares of Common Stock issued and outstanding as of May 26, 2026. The Company has no stock options outstanding. 10,380 placement agent warrants are outstanding at an exercise price of $6.25 per share; these warrants are not included in the table because they are not currently exercisable. All shares of Common Stock listed in the table above are subject to the lock-up and leak-out restrictions contained in our form of Lock-Up / Leak-Out Agreement dated November 21, 2025, by and among the Company, the Holder, and Dawson James Securities, Inc., as Placement Agent, which restrictions remain in effect through November 3, 2026, the date of the 2026 U.S. Midterm Elections (subject to the leak-out price tiers and other terms of that agreement). 3,196,737 shares previously held by Mr. Trawick were released from the lock-up in connection with the Founder Share Sale on April 24, 2026. See "Item 5. Interest of Management and Certain Persons in Certain Transactions" for additional information.

**ITEM 5. INTEREST OF MANAGEMENT AND CERTAIN PERSONS IN CERTAIN TRANSACTIONS**

**General**

Other than the transactions discussed below, and the executive compensation arrangements described in the section titled "Executive Compensation," since January 1, 2024, there was not, and there is not currently proposed, any transaction or series of similar transactions to which we were or will be a party for which the amount involved exceeds or will exceed the lesser of (i) $120,000 and (ii) one percent of the average of the Company's total assets at year-end for the fiscal years ended December 31, 2025 and 2024 and in which any director, executive officer, any nominee for election as a director, any holder that beneficially owns more than 10% of any class of our voting securities, or any member of the immediate family of any of the foregoing, had or will have a direct or indirect material interest (any such transaction, a "related party transaction").

**Related Party Transactions**

***Employment Agreements***

We have entered into written employment agreements with certain of our executive officers. These agreements generally provide for notice periods of varying duration for termination of the agreement by us or by the relevant executive officer, during which time the executive officer will continue to receive base salary and benefits. We have also entered into customary non-competition, confidentiality of information and ownership of inventions arrangements with our executive officers. However, the enforceability of the noncompetition provisions may be limited under applicable law.

***Director and Officer Indemnification and Insurance***

We have entered into indemnification agreements with each of our directors and executive officers. These agreements, among other things, require us or will require us to indemnify each director and executive officer to the fullest extent permitted by Nevada law, including indemnification of expenses such as attorneys' fees, judgments, fines and settlement amounts incurred by the director or executive officer in any action or proceeding, including any action or proceeding by or in right of us, arising out of the person's services as a director or executive officer.

We also maintain an insurance policy that insures our directors and executive officers against certain liabilities, including liabilities arising under applicable securities laws.

***Dividend Payments***

Prior to the consummation of the FullPAC Merger described below, RoboCent, Inc. made a cash dividend distribution to Mr. Trawick, its then-sole stockholder, during the year ended December 31, 2024 in the amount of $10,025. Following the FullPAC Merger in June 2025, RoboCent has been a wholly owned subsidiary of the Company, and distributions between RoboCent and the Company are eliminated in consolidation and are not reported as related-party transactions at the Company's consolidated level.

***FullPAC Merger***

On June 26, 2025, Mr. Trawick, the sole shareholder of RoboCent, Inc., approved an Agreement and Plan of Merger with FullPAC, Inc. FullPAC, Inc. was incorporated in the State of Nevada on June 25, 2025 by Mr. Trawick. Pursuant to the Agreement and Plan of Merger, Mr. Trawick received the same class and number of shares of stock in FullPAC, Inc. as he previously held in RoboCent, Inc., FullPAC, Inc. became the sole shareholder of RoboCent, Inc., and RoboCent, Inc. became a wholly owned subsidiary of FullPAC, Inc. The transaction was accounted for as a common-control transaction.

***Seed Notes***

In connection with our issuances from June through September 2025 of the Seed Notes, certain of our executive officers (or their immediate family members) and directors (upon a Public Listing) purchased Seed Notes with principal amounts aggregating to approximately $268,643 for a purchase price of $255,850, certain of which with principal of $63,525 were redeemed from January 1 to May 22, 2026 for $351,100, inclusive of $5,080 in accrued interest and a redemption premium of $282,495 under the terms of the Seed Notes.

The Seed Notes mature on December 31, 2026, bear interest at 15% per year, were issued with a 5% original issue discount and are secured by all assets of the Company. In the event the Company enters into a qualified financing event as defined in the agreement, in which the Company receives gross proceeds of at least $2,500,000, the Company shall apply 50% of the proceeds from such offering to redeem the Seed Notes. The cash redemption amount payable to each holder in connection with such Qualified Financing Redemption shall be equal to the product of (I) the post-money valuation of the Company following such Qualified Financing and (II) the quotient of (x) the outstanding note balance of the Seed Note held by such holder on the date of such Qualified Financing Redemption and (y) the lower of (i) the product of 0.8 and the post-money valuation of the Company following such Qualified Equity Financing and (ii) $7 million (such amount redeemed, the "Qualified Financing Redemption Amount"); provided, however, that the Qualified Financing Redemption Amount paid to any holder shall not be greater than five hundred percent (500%) of the outstanding note balance of the Seed Note held by such holder on the date of such Qualified Financing Redemption. The Seed Note does not grant the holder any equity, conversion rights, or ownership in the Company. The Seed Notes and any accrued and unpaid interest are due and payable in the event of a change of control of the Company.

● Travis
 Trawick, our Co-Founder, Chief Executive Officer and Chairman, purchased Seed Notes with principal amounts aggregating to $52,500
 for a purchase price of $50,000.

● Isaac
 Dietrich, our Co-Founder, Chief Financial Officer and Director, purchased a Seed Note with a principal amount of $52,500 for a purchase
 price of $50,000.

● Ryan
 Deal, our General Counsel and Secretary, purchased a Seed Note with a principal amount of $21,000 for a purchase price of $20,000.

● Daniel
 Flowers, our Chief Technology Officer and Chief Operations Officer, purchased Seed Notes with principal amounts aggregating to $15,750
 for a purchase price of $15,000.

● Hector
 Garcia, our Chief Revenue Officer, purchased Seed Notes with principal amounts aggregating to $10,500 for a purchase price
 of $10,000. Mr. Garcia was appointed Chief Revenue Officer effective January 1, 2026 and was not a related party at the time of
 his purchase or as of December 31, 2025, and his Seed Note is therefore not included in the aggregate principal and purchase-price
 amounts described above.

● Brian
 Trawick, an immediate family member of our Chief Executive Officer, purchased Seed Notes with principal amounts aggregating to $21,000
 for a purchase price of $20,000, which was redeemed for $118,095, inclusive of the principal balance together with accrued interest
 of $1,563 and a $95,532 Qualified Redemption Premium.

● Laurence
 Benson, an immediate family member of our Chief Executive Officer, purchased a Seed Note with a principal amount of $10,500 for a
 purchase price of $10,000.

● Michele
 Moxey, an immediate family member of our Chief Executive Officer, purchased Seed Notes with principal amounts aggregating to $15,750
 for a purchase price of $15,000.

● Gilbert
 Dietrich, an immediate family member of our Chief Financial Officer, purchased Seed Notes with principal amounts aggregating to $17,325
 for a purchase price of $16,500, of which $11,025 was redeemed for $60,663, inclusive of the principal balance together
 with accrued interest of $555 and a $49,083 Qualified Redemption Premium.

● April
 Dietrich, an immediate family member of our Chief Financial Officer, purchased a Seed Note with a principal amount of $4,568 for
 a purchase price of $4,350.

● Leslie
 Deal, an immediate family member of our General Counsel and Secretary, purchased a Seed Note with a principal amount of $21,000 for
 a purchase price of $20,000, which was redeemed for $116,500, inclusive of the principal balance together with accrued interest of
 $2,339 and a $93,211 Qualified Redemption Premium.

● Joanna
 Dodd Massey, our lead independent director-elect, purchased a Seed Note with a principal amount of $26,250 for a purchase price of
 $25,000.

● Robert
 Steele, our independent director-elect, purchased a Seed Note with a principal amount of $10,500 for a purchase price of $10,000,
 which was redeemed for $55,792, inclusive of the principal balance together with accrued interest of $623 and a $55,669 Qualified
 Redemption Premium.

The Company recognized amortization of debt discount and interest expense on related-party notes of $3,531 and $15,838, respectively, during the year ended December 31, 2025. As of December 31, 2025, the balance of the related-party Seed Notes was $264,631, net of unamortized debt discount of $9,524 and accrued interest of $15,837.

During the three months ended March 31, 2026, the Company redeemed Seed Notes held by related parties in the principal amount of $10,500, together with accrued interest of $623, for $55,792, inclusive of a $55,669 redemption premium under the terms of the Seed Notes. The Company recognized amortization of debt discount on related-party notes of $2,590 and interest expense of $10,183 during the three months ended March 31, 2026. As of March 31, 2026, the balance of the related-party Seed Notes was $276,853, net of unamortized debt discount of $6,686 and accrued interest of $25,397.

From April 1 to May 22, 2026, the Company redeemed Seed Notes held by related parties in the principal amount of $53,025, together with accrued interest of $4,457, for $295,309, inclusive of a $237,827 redemption premium under the terms of the Seed Notes. The Company recognized amortization of debt discount on related-party notes of $1,543 and interest expense of $3,177 from April 1 to May 15, 2026. As of May 15, 2026, the balance of the related-party Seed Notes was $224,092, net of unamortized debt discount of $5,143 and accrued interest of $24,117.

***Regulation A Subscriptions***

Since January 1, 2024, certain related parties have purchased shares of our Common Stock in our ongoing Regulation A offering at the prevailing offering price of $5.00 per share on the same terms as unaffiliated investors. The aggregate Regulation A purchases by related parties since January 1, 2024 are set forth below.

● Leslie
 Deal, an immediate family member of our General Counsel and Secretary, purchased 2,000 shares for $10,000 on December 19, 2025
 and has a pending subscription funded in escrow for an additional 19,224 shares for $96,220.

● Brian
 Trawick, an immediate family member of our Chief Executive Officer, purchased an aggregate of 16,000 shares for $80,000 from December
 19, 2025 to May 7, 2026.

● Robert
 Steele, our independent director-elect, purchased 4,000 shares for $20,000 on January 27, 2026.

● Gilbert
 Dietrich, an immediate family member of our Chief Financial Officer, purchased 10,000 shares for $50,000 on May 7, 2026.

***Short-Term Loan from Isaac Dietrich***

In March 2026, Mr. Dietrich, our Chief Financial Officer and a member of our Board of Directors, loaned the Company $14,980 on a short-term, unsecured basis at 0% interest. The loan was repaid in cash in April 2026. Our Board of Directors approved the loan and determined that its terms were more favorable to the Company than terms that would have been available from an unrelated party.

 ***Short-Term Loan from Travis Trawick***

  ****

In April 2026, Mr. Trawick, our Chief Executive Officer and Chairman of the Board of Directors, loaned the Company $4,700 on a short-term, unsecured basis at 0% interest. The loan was repaid in cash in May 2026. Our Board of Directors approved the loan and determined that its terms were more favorable to the Company than terms that would have been available from an unrelated party.

***Founder Share Sale***

On April 24, 2026, Mr. Trawick, our Chief Executive Officer and Chairman of the Board of Directors, sold an aggregate of 3,196,737 shares of Common Stock to the same accredited investors that were purchasers in the April 2026 Private Placement, for a purchase price of $0.10 per share and aggregate gross proceeds to Mr. Trawick of approximately $320,000. The Company was not a party to the Founder Share Sale and did not receive any proceeds.

***Director-Elect Participation in April 2026 Private Placement***

In the April 2026 Private Placement and Founder Share Sale, our independent director-elect Jason Adelman purchased 9,183 newly issued shares of Common Stock from the Company for $45,915 and 40,817 shares from Mr. Trawick in the Founder Share Sale for $4,081.70, for a total of 50,000 shares at a blended price of approximately $1.00 per share.

***Consulting and Equity Arrangements with Trey Trawick***

On April 14, 2026, the Company entered into a Consulting Agreement with Trey Trawick, an immediate family member of Mr. Trawick, for AI consulting services at $5,000 per month. On April 18, 2026, the Company granted Mr. Trey Trawick a Restricted Stock Award for 10,000 shares from the Founders Share Plan in connection with services rendered. Our Board of Directors approved the consulting arrangement and determined that its terms were more favorable to the Company than terms that would have been available from an unrelated party.

***Cash Bonus to Daniel Flowers***

In April 2026, the Company paid Mr. Flowers, our Chief Technology Officer and Chief Operations Officer, a cash bonus of $35,911.12 to offset tax liabilities arising from prior equity grants and in recognition of substantial additional work in connection with the 2026 Pollies Conference.

***Policies and Procedures for Approval of Related Party Transactions***

If we contemplate entering into any transaction with a related party, regardless of the amount involved, the terms of such transaction are required to be presented to our Board for approval in advance of the transaction. Any director, officer or employee who becomes aware of a transaction or relationship that could reasonably be expected to give rise to a conflict of interest is required to disclose the matter promptly to our Board. Our Board must then either approve or reject the transaction and may only approve the transaction if it determines, based on all of the information presented, that the related party transaction is not inconsistent with the best interests of the Company and its stockholders.

We have adopted a formal written Related Party Transaction Policy to be effective upon a Public Listing. Pursuant to its charter and upon a Public Listing, our Audit Committee will be responsible for reviewing and approving or ratifying any transaction between the Company and any related person that is required to be disclosed under the rules of the SEC. Directors and officers are required to obtain prior authorization from the Audit Committee before entering into any transaction that may pose a conflict of interest.

**ITEM 6. OTHER INFORMATION**

**Legal Proceedings**

From time to time, we may become involved in litigation or other legal proceedings arising in the ordinary course of business. As of the date of this Annual Report on Form 1-K, we are not a party to any material pending legal proceedings.

**Recent Sales of Unregistered Securities**

The following sets forth information regarding securities sold by the Company since January 1, 2024 in transactions not registered under the Securities Act of 1933, as amended (the "Securities Act"), other than securities issued in our ongoing Regulation A offering.

● **RoboCent/FullPAC Merger.** On June 26, 2025, in connection with the merger of RoboCent, Inc. into FullPAC, Inc., the Company issued Common Stock
 to Mr. Trawick (then the sole stockholder of RoboCent) in exchange for his RoboCent shares. The issuance was exempt from registration
 pursuant to Section 4(a)(2) of the Securities Act.

● **2025 Long-Term Incentive Plan grants.** During 2025 and through the date of this report, the Company granted aggregate restricted stock
 awards to employees, contractors, non-employee directors, and consultants under the 2025 Long-Term Incentive Plan (the "Founders
 Share Plan"). The Founders Share Plan reserve was increased to 6,000,000 shares on September 26, 2025; as of the date of this
 report, 257,500 shares remain available for future issuance. The issuances were exempt from registration pursuant to Rule 701 and/or
 Section 4(a)(2) of the Securities Act.

● **Senior Secured Notes (Seed Notes).** From June through September 2025, RoboCent, Inc., the Company's wholly owned subsidiary, issued
 the Seed Notes in an aggregate principal amount of approximately $1,250,000. The issuances were exempt from registration pursuant
 to Rule 506 of Regulation D under the Securities Act.

● **December 2025 Private Placement.** On December 19, 2025, the Company issued and sold 40,000 shares of Common Stock to a single accredited
 institutional investor at $5.00 per share for aggregate consideration of $200,000. The issuance was exempt from registration pursuant
 to Rule 506(c) of Regulation D under the Securities Act.

● **January 2026 Private Placement.** On January 6, 2026, the Company issued and sold 160,000 shares of Common Stock to the same accredited
 institutional investor at $5.00 per share for aggregate consideration of $800,000. The issuance was exempt from registration pursuant
 to Rule 506(c) of Regulation D under the Securities Act.

● **April 2026 Private Placement.** On April 24, 2026, the Company issued and sold an aggregate of 519,258 shares of Common Stock to 14 accredited
 investors at $5.00 per share for aggregate consideration of $2,596,290. The issuance was exempt from registration pursuant to Rule
 506(c) of Regulation D under the Securities Act.

**Changes in and Disagreements with Accountants on Accounting and Financial Disclosure**

None.

**Issuer Purchases of Equity Securities**

None.

**ITEM 7. FINANCIAL STATEMENTS**

The audited consolidated financial statements of FullPAC, Inc. and its subsidiaries as of December 31, 2025 and 2024, and for the years then ended, together with the report thereon of M&K CPAs, PLLC, independent registered public accounting firm (PCAOB ID No. 2738), are set forth in Part F/S of this Annual Report on Form 1-K and are incorporated herein by reference.

**ITEM 8. EXHIBITS**

The following exhibits are filed as part of this Annual Report on Form 1-K, or incorporated herein by reference:

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| **2.1** | [Articles of Incorporation of FullPAC, Inc., dated June 25, 2025 (incorporated by reference to Exhibit 2.1 of the Form 1-A Offering Statement filed September 8, 2025).](https://www.sec.gov/Archives/edgar/data/2076148/000149315225012823/ex2-1.htm) |
| **2.2** | [Bylaws of FullPAC, Inc. (incorporated by reference to Exhibit 2.2 of the Form 1-A Offering Statement filed September 8, 2025).](https://www.sec.gov/Archives/edgar/data/2076148/000149315225012823/ex2-2.htm) |
| **2.3** | [Membership Interest Purchase Agreement by and among FullPAC, Inc., Advocacy Lab LLC, and the founders of Advocacy Lab LLC, dated September 29, 2025 (incorporated by reference to Exhibit 2.3 of the Form 1-A/A Offering Statement filed September 29, 2025).](https://www.sec.gov/Archives/edgar/data/2076148/000149315225016111/ex2-3.htm) |
| **2.4** | [Asset Purchase Agreement, dated January 5, 2026, by and among FullPAC, Inc., GOVT, Inc., Govtext, LLC, and Elnatan Rudolph. †](ex2-4.htm) |
| **4.2** | [Form of Placement Agent Warrant (incorporated by reference to Exhibit 4.2 to the Form 1-A/A Offering Statement filed September 29, 2025).](https://www.sec.gov/Archives/edgar/data/2076148/000149315225016111/ex4-2.htm) |
| **6.1** | [Form of Senior Secured Promissory Note (Seed Notes) (incorporated by reference to Exhibit 3.1 of the Form 1-A Offering Statement filed September 8, 2025).](https://www.sec.gov/Archives/edgar/data/2076148/000149315225012823/ex3-1.htm) |
| **6.2** | [FullPAC, Inc. 2025 Long-Term Incentive Plan and form of equity grant thereunder (incorporated by reference to Exhibit 6.8 of the Form 1-A Offering Statement filed September 8, 2025).](https://www.sec.gov/Archives/edgar/data/2076148/000149315225012823/ex6-8.htm) |
| **6.3** | [Side Letter, dated as of July 21, 2025, by and between FullPAC, Inc. and Travis Trawick (incorporated by reference to Exhibit 6.10 of the Form 1-A Offering Statement filed September 8, 2025).](https://www.sec.gov/Archives/edgar/data/2076148/000149315225012823/ex6-10.htm) |
| **6.4** | [Amended and Restated Employment Agreement, dated November 20, 2025, between FullPAC, Inc. and Daniel Flowers (incorporated by reference to Exhibit 6.4 of the Form 1-A/A Offering Statement filed November 24, 2025).](http://www.sec.gov/Archives/edgar/data/2076148/000149315225024851/ex6-4.htm) |
| **6.5** | [Employment Agreement, dated July 1, 2025, between FullPAC, Inc. and Travis Trawick (incorporated by reference to Exhibit 6.1 of the Form 1-A Offering Statement filed September 8, 2025).](https://www.sec.gov/Archives/edgar/data/2076148/000149315225012823/ex6-1.htm) |
| **6.6** | [Employment Agreement, dated September 1, 2025, between FullPAC, Inc. and Ryan Deal (incorporated by reference to Exhibit 6.3 of the Form 1-A Offering Statement filed September 8, 2025).](https://www.sec.gov/Archives/edgar/data/2076148/000149315225012823/ex6-3.htm) |
| **6.7** | [Employment Agreement, dated December 8, 2025, between FullPAC, Inc. and Isaac Dietrich (incorporated by reference to Exhibit 6.2 of the Form 1-A/A Offering Statement filed November 24, 2025).](https://www.sec.gov/Archives/edgar/data/2076148/000149315225024851/ex6-2.htm) |
| **6.8** | [Employment Agreement, dated December 30, 2025, between FullPAC, Inc. and Hector Garcia. †](ex6-8.htm) |
| **6.12** | [Promissory Note, dated March 31, 2026, between RoboCent, Inc. and Isaac Dietrich. †](ex6-12.htm) |
| **6.13** | [Promissory Note, dated April 10, 2026, between RoboCent, Inc. and Travis Trawick. †](ex6-13.htm) |
| **6.14** | [Form of Lock-Up / Leak-Out Agreement, dated November 21, 2025 (incorporated by reference to Exhibit 6.14 of the Form 1-A/A Offering Statement filed November 24, 2025).](https://www.sec.gov/Archives/edgar/data/2076148/000149315225024851/ex6-14.htm) |
| **6.15** | [Loan Agreement, dated October 7, 2025, between RoboCent, Inc. and Stripe Servicing, Inc. (First Stripe Capital Loan) (incorporated by reference to Exhibit 6.15 of the Form 1-A/A Offering Statement filed November 24, 2025).](https://www.sec.gov/Archives/edgar/data/2076148/000149315225024851/ex6-15.htm) |
| **6.16** | [Term Loan Agreement, dated October 17, 2025, between FullPAC, Inc. and ODK Capital, LLC (OnDeck Term Loan) (incorporated by reference to Exhibit 6.16 of the Form 1-A/A Offering Statement filed November 24, 2025).](https://www.sec.gov/Archives/edgar/data/2076148/000149315225024851/ex6-16.htm) |
| **6.17** | [Lock-Up Waiver Agreement, dated April 24, 2026, by and among FullPAC, Inc., Travis Trawick, and Dawson James Securities, Inc. (incorporated by reference to Exhibit 6.4 of the Form 1-U filed April 29, 2026).](https://www.sec.gov/Archives/edgar/data/2076148/000149315226019503/ex6-4.htm) |
| **6.18** | [Form of Securities Purchase Agreement, dated December 19, 2025, between FullPAC, Inc. and the investor identified therein (December 2025 Private Placement). †](ex6-18.htm) |
| **6.19** | [Form of Securities Purchase Agreement, dated January 6, 2026, between FullPAC, Inc. and the investor identified therein (January 2026 Private Placement). †](ex6-19.htm) |
| **6.20** | [Form of Securities Purchase Agreement, dated April 24, 2026, between FullPAC, Inc. and the investors identified therein (April 2026 Private Placement) (incorporated by reference to Exhibit 6.1 of the Form 1-U filed April 29, 2026).](https://www.sec.gov/Archives/edgar/data/2076148/000149315226019503/ex6-1.htm) |
| **6.21** | [Business Line of Credit Agreement, dated February 11, 2026, between FullPAC, Inc. and Headway Capital, LLC. †](ex6-21.htm) |
| **6.22** | [Standard Merchant Cash Advance Agreement, dated February 11, 2026, by and among FullPAC, Inc., RoboCent, Inc., Advocacy Lab LLC, GOVT, Inc., and Pristine Capital Partners LLC. †](ex6-22.htm) |
| **6.23** | [Future Receipts Sale Agreement, dated March 10, 2026, between FullPAC, Inc. and Forward Financing LLC. †](ex6-23.htm) |
| **6.24** | [Loan Agreement, dated December 11, 2025, between RoboCent, Inc. and Stripe Servicing, Inc. (Second Stripe Capital Loan). †](ex6-24.htm) |
| **6.25** | [Loan Agreement, dated March 11, 2026, between RoboCent, Inc. and Stripe Servicing, Inc. (Third Stripe Capital Loan). †](ex6-25.htm) |
| **6.26** | [Loan Agreement, dated February 6, 2026, between Advocacy Lab LLC and Stripe Servicing, Inc. (Advocacy Lab Stripe Capital Loan). †](ex6-26.htm) |
| **6.27** | [Consulting Agreement, dated April 14, 2026, between FullPAC, Inc. and Trey Trawick. †](ex6-27.htm) |
| **6.28** | [Independent Referral Partner Agreement, dated January 5, 2026, between FullPAC, Inc. and Elnatan Rudolph. †](ex6-28.htm) |

---

*† Filed herewith. All other exhibits are incorporated by reference from the indicated filing.*

**SIGNATURES**

Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

**FULLPAC, INC.**

---

| | |
|:---|:---|
| By: | /*s/ Travis Trawick* |
| Name: | Travis Trawick |
| Title: | Chief Executive Officer |
| Date: | May 27, 2026 |

---

This Annual Report on Form 1-K has been signed below by the following persons in the capacities and on the dates indicated.

---

| | | |
|:---|:---|:---|
| **Signature** | **Title** | **Date** |
| */s/ Travis Trawick* | Chief Executive Officer and Chairman of the Board of Directors (Principal Executive Officer) | May 27, 2026 |
| Travis Trawick |  |  |
| */s/ Isaac Dietrich* | Chief Financial Officer and Director (Principal Financial Officer and Principal Accounting Officer) | May 27, 2026 |
| Isaac Dietrich |  |  |

---

**PART F/S — FINANCIAL STATEMENTS**

The following audited consolidated financial statements of FullPAC, Inc. and its subsidiaries as of December 31, 2025 and 2024, and for the years then ended, together with the related notes and the report of M&K CPAs, PLLC, are filed as part of this Annual Report on Form 1-K.

**FullPAC, Inc.**

**Index to Financial Statements**

---

| | |
|:---|:---|
|  | **Page** |
| [Report of Independent Registered Public Accounting Firm](#JA_001) (PCAOB ID: 2738) | F-1 |
| [Consolidated Balance Sheets as of December 31, 2025 and 2024](#JA_002) | F-2 |
| [Consolidated Statements of Operations for the years ended December 31, 2025 and 2024](#JA_003) | F-3 |
| [Consolidated Statements of Stockholders' Equity (Deficit) for the years ended December 31, 2025 and 2024](#JA_004) | F-4 |
| [Consolidated Statements of Cash Flows for the years ended December 31, 2025 and 2024](#JA_005) | F-5 |
| [Consolidated Notes to Financial Statements](#JA_006) | F-6 |

---

![](report_001.jpg)

**REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

To the Board of Directors and

Stockholders of FullPAC, Inc.

**Opinion on the Financial Statements**

We have audited the accompanying consolidated balance sheets of FullPAC, Inc. (the Company) as of December 31, 2025 and 2024, and the related consolidated statements of operations, shareholders' equity (deficit), and cash flows for each of the years in the two-year period ended December 31, 2025, and the related notes (collectively referred to as the consolidated financial statements). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2025 and 2024, and the results of its operations and its cash flows for each of the years in the two-year period ended December 31, 2025, in conformity with accounting principles generally accepted in the United States of America.

**Going Concern**

The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 to the consolidated financial statements, the Company suffered a net loss from operations and negative cash flows from operations, each of which are factors that raise substantial doubt about its ability to continue as a going concern. Management's plans to address these challenges are also described in Note 2. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

**Basis for Opinion**

These consolidated financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's consolidated financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the consolidated financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. We believe that our audits provide a reasonable basis for our opinion.

**Critical Audit Matter**

The critical audit matters communicated below are matters arising from the current period audit of the consolidated financial statements that were communicated or required to be communicated to the audit committee and that: (1) relate to accounts or disclosures that are material to the consolidated financial statements and (2) involved our especially challenging, subjective, or complex judgments. The communication of critical audit matters does not alter in any way our opinion on the consolidated financial statements, taken as a whole, and we are not, by communicating the critical audit matters below, providing separate opinions on the critical audit matters or on the accounts or disclosures to which they relate.

*Going Concern:*

 

Due to factors such as the net loss for the year and negative cash flows from operations, the Company evaluated the need to include a going concern qualification in the financial statements. See discussion in Note 2.

Auditing management's determination regarding the inclusion of a going concern qualification requires significant judgement given the fact that the Company uses management estimates of future revenues and expenses, as well as assumptions about future fundraising activity, which are not able to be substantiated.

To evaluate the appropriateness of the going concern qualification, we examined and evaluated the financial information, including management's plans to mitigate the going concern qualification, and management's disclosure on going concern.

/s/ M&K CPAS, PLLC

We have served as the Company's auditor since 2025.

The Woodlands, TX

May 27, 2026

**FullPAC, Inc.**

**Consolidated Balance Sheets**

---

| | | |
|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2024** |
| **Assets** |  |  |
| Current Assets: |  |  |
| &nbsp;&nbsp;&nbsp;Cash and cash equivalents | $39407 | $148368 |
| &nbsp;&nbsp;&nbsp;Accounts receivable | 36833 |  |
| &nbsp;&nbsp;&nbsp;Prepaids and other current asset | 16000 |  |
| &nbsp;&nbsp;&nbsp;Deferred offering cost | 249888 | - |
| Total current assets | 342128 | 148368 |
| Noncurrent Assets: |  |  |
| &nbsp;&nbsp;&nbsp;Capitalized development Costs, net | 36024 | 86594 |
| &nbsp;&nbsp;&nbsp;Property and equipment, net | 3693 | 1206 |
| &nbsp;&nbsp;&nbsp;Intangible asset, net | 144550 | - |
| Total noncurrent assets | 184267 | 87800 |
| Total Assets | $526395 | $236168 |
| **Liabilities and Shareholder's Equity (Deficit)** |  |  |
| Current Liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;Accounts payable and accrued expenses | $395029 | $51385 |
| &nbsp;&nbsp;&nbsp;Notes payable, current portion, net | 233213 | 75000 |
| &nbsp;&nbsp;&nbsp;Escrow liability, current portion | 27006 |  |
| &nbsp;&nbsp;&nbsp;Secured notes payable, net | 942543 |  |
| Secured notes payable, related party, net | 264684 | - |
| Total current liabilities | 1862475 | 126385 |
| Noncurrent Liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;Escrow liability, net of current portion | 54998 |  |
| &nbsp;&nbsp;&nbsp;Notes payable, net of current portion, net | 66220 | - |
| Total noncurrent liabilities | 121218 | - |
| Total Liabilities | 1983693 | 126385 |
| Shareholder's Equity (Deficit): |  |  |
| &nbsp;&nbsp;&nbsp;Preferred stock, $0.0001 par value, 10,000,000 shares authorized and 0 shares issued and outstanding |  |  |
| &nbsp;&nbsp;&nbsp;Common stock, $0.0001 par value, 250,000,000 shares authorized and 20,673,200 and 15,000,000 shares issued and outstanding, respectively | 2067 | 1500 |
| &nbsp;&nbsp;&nbsp;Additional paid in capital | 371903 | (1500) |
| &nbsp;&nbsp;&nbsp;Retained Earnings (Deficit) | (1831268) | 109783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Shareholder's Equity (Deficit) | (1457298) | 109783 |
| Total Liabilities and Shareholder's Equity (Deficit) | $526395 | $236168 |

---

See accompanying notes to the consolidated financial statements.

**FullPAC, Inc.**

**Consolidated Statements of Operations**

---

| | | |
|:---|:---|:---|
|  | **Year ended**<br>**December 31, 2025** | **Year ended**<br>**December 31, 2024** |
| Revenue | $1455884 | $881051 |
| Cost of revenue | 696758 | 399404 |
| &nbsp;&nbsp;&nbsp;Gross profit | 759126 | 481647 |
| Operating expenses: |  |  |
| &nbsp;&nbsp;&nbsp;General and administrative | 1520027 | 203925 |
| &nbsp;&nbsp;&nbsp;Research and development | 381418 | 48230 |
| &nbsp;&nbsp;&nbsp;Depreciation and amortization expense | 21400 | 55286 |
| &nbsp;&nbsp;&nbsp;Advertising and marketing | 268380 | 56318 |
| &nbsp;&nbsp;&nbsp;Legal and professional | 378025 | 25311 |
| &nbsp;&nbsp;&nbsp;Total operating expenses | 2569250 | 389070 |
| Income (loss) from operations | (1810124) | 92577 |
| Other income (expense): |  |  |
| &nbsp;&nbsp;&nbsp;Interest expense | (123652) | (16479) |
| &nbsp;&nbsp;&nbsp;Other income | 7877 | - |
| &nbsp;&nbsp;&nbsp;Total other income (expense) | (115775) | (16479) |
| Net income (loss) before income taxes | (1925899) | 76098 |
| Income tax benefit (provision) | 2107 | (2991) |
| Net income (loss) | $(1923792) | $73107 |
| Net income (loss) per share - basic | $(0.12) | $0.00 |
| Net income (loss) per share - diluted | $(0.12) | $0.00 |
| Weighted average shares outstanding - basic | 16570078 | 15000000 |
| Weighted average shares outstanding - diluted | 16570078 | 15000000 |

---

See accompanying notes to the consolidated financial statements.

**FullPAC, Inc.**

**Consolidated Statements of Shareholders' Equity (Deficit)**

**For the Years Ended December 31, 2025 and 2024**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Common Stock** | **Common Stock** | | | |
|  | **Shares** | **Amounts** | **Additional**<br> **Paid In**<br>**Capital** | **Retained**<br> **Earnings**<br>**(Deficit)** | **Total <br> Shareholders' <br> Equity**<br>**(Deficit)** |
| **Balance December 31, 2023** | 15000000 | $1500 | $(1500) | $46701 | $46701 |
| Dividend distribution |  |  |  | (10025) | (10025) |
| Net income | - | - | - | 73107 | 73107 |
| **Balance December 31, 2024** | 15000000 | 1500 | (1500) | 109783 | 109783 |
| Dividend distribution |  |  |  | (17259) | (17259) |
| Common stock issued for cash | 48200 | 5 | 36465 |  | 36470 |
| Common stock issued for service | 5650000 | 565 | 338435 |  | 339000 |
| Cancellation of shares issued for service | (25000) | (3) | (1497) |  | (1500) |
| Net loss | - | - | - | (1923792) | (1923792) |
| **Balance December 31, 2025** | 20673200 | 2067 | 371903 | (1831268) | (1457298) |

---

See accompanying notes to the consolidated financial statements.

**FullPAC, Inc.**

**Consolidated Statements of Cash Flows**

---

| | | |
|:---|:---|:---|
|  | **Years Ended**<br>**December 31, 2025** | **Years Ended**<br>**December 31, 2024** |
| **Cash Flows from Operating Activities:** |  |  |
| Net income (loss) | $(1923792) | $73107 |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: |  |  |
| &nbsp;&nbsp;&nbsp; Amortization of debt discount | 37480  | -  |
| &nbsp;&nbsp;&nbsp; Depreciation and amortization expense | 21400  | -  |
| &nbsp;&nbsp;&nbsp; Amortization of capitalized software costs | 50570 | 55286 |
| &nbsp;&nbsp;&nbsp;Shares issued for service | 337500 |  |
| &nbsp;&nbsp;&nbsp;Changes in operating assets and liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts receivable | (36833) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred offering costs | (249888) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepaids and other current asset | (16000) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts payable and accrued expenses | 343644 | (31272) |
| Net cash provided by (used in) operating activities | (1435919) | 97121 |
| **Cash Flows from Investing Activities:** |  |  |
| &nbsp;&nbsp;&nbsp;Payment of capitalized development costs |  | (65123) |
| &nbsp;&nbsp;&nbsp;Purchase of property, plant and equipment | (3476) | (1206) |
| Net cash used in investing activities | (3476) | (66329) |
| **Cash Flows from Financing Activities:** |  |  |
| &nbsp;&nbsp;&nbsp;Proceeds from note payable | 476900 | 150000 |
| &nbsp;&nbsp;&nbsp;Payments on note payable | (273196) | (75000) |
| &nbsp;&nbsp;&nbsp;Payments on escrow liability | (37957) |  |
| &nbsp;&nbsp;&nbsp;Procced from secured notes payable | 929376 |  |
| &nbsp;&nbsp;&nbsp;Procced from secured notes payable, related party | 261100 |  |
| &nbsp;&nbsp;&nbsp;Purchase of intangible assets through acquisition | (45000) |  |
| &nbsp;&nbsp;&nbsp;Proceeds from common stock issued for cash | 36470 |  |
| &nbsp;&nbsp;&nbsp;Dividends paid | (17259) | (10025) |
| Net cash provided by financing activities | 1330434 | 64975 |
| Net change in cash and cash equivalents | (108961) | 95767 |
| Cash and cash equivalents, at beginning of period | 148368 | 52601 |
| Cash and cash equivalents, at end of period | $39407 | $148368 |
| Supplemental disclosures of cash flow information: |  |  |
| &nbsp;&nbsp;&nbsp;Cash paid for interest | $9620 | $16479 |
| &nbsp;&nbsp;&nbsp;Cash paid for income taxes | $2107 | $2136 |
| Supplemental disclosure of non-cash investing and financing activities: |  |  |
| &nbsp;&nbsp;&nbsp;Intangible asset purchased with a note payable | $119961 | $- |

---

See accompanying notes to the consolidated financial statements.

**FULLPAC, INC.**

**Notes to the Consolidated Financial Statements**

**NOTE 1 – NATURE OF OPERATIONS AND BASIS OF PRESENTATION**

FullPAC, Inc. ("FullPAC" or the "Company") was incorporated in Nevada on June 25, 2025. The Company's subsidiaries, RoboCent, Inc. ("RoboCent"), operates a political communications technology platform and was incorporated in the Commonwealth of Virginia on August 16, 2016, and Advocacy Lab LLC ("Advocacy Lab"), provides AI generated and optimized templates for campaign materials and was formed in Michigan on April 14, 2025.

On June 26, 2025, the sole shareholder of RoboCent approved an Agreement and Plan of Merger with FullPAC. FullPAC was incorporated by the sole shareholder of RoboCent. Pursuant to the Agreement and Plan of Merger, the sole shareholder of RoboCent received the same class and number of shares of stock in FullPAC, as he previously held in RoboCent. FullPAC became the sole shareholder of RoboCent, and RoboCent became a wholly owned subsidiary of FullPAC. The transaction was accounted for as a common control transaction under FASB ASC 805. Under ASC 805, the transaction resulted in a change in reporting entity. At the time of the merger, FullPAC had no assets nor liabilities. As a result of the transaction, the Company retrospectively combined both entities using the book value method and transferred all of RoboCent's assets and liabilities to FullPAC.

Effective June 26, 2025, the Company conducted a forward-split such that 25,000 shares of common stock became 15,000,000 shares of common stock. The forward stock split has been retroactively adjusted throughout these consolidated financial statements and footnotes.

On September 29, 2025, the Company entered into a Membership Interest Purchase Agreement to purchase 100% of the membership interest of Advocacy Lab LLC ("Advocacy"), a Michigan limited liability company. Advocacy was formed in April 2025, and provides AI generated and optimized templates for social media, texts and direct mail. As part of the purchase agreement, the Company paid a total cash consideration of $45,000 to the Sellers and entered into an employment agreement with the Sellers. The acquisition became effective on October 1, 2025, when the control was transferred to the Company. The Company acquired all aspects of Advocacy's business. The transaction was accounted for as a business combination transaction under ASC 805. See Note 6.

The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") for financial information and pursuant to the rules and regulations of the Securities and Exchange Commission (the "SEC"). The Company's fiscal year end is December 31.

**NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

**Use of Estimates**

The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include software capitalization and amortization. Actual results may differ from these estimates.

**Liquidity and Going Concern Uncertainty**

These consolidated financial statements have been prepared on a going concern basis, which assumes the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The continuation of the Company as a going concern is dependent upon the ability of the Company to obtain equity and/or debt financing to continue operations. The Company has a net loss of $1,923,792 and a negative working capital of $1,520,347 during the year ended and as of December 31, 2025, respectively. These factors raise substantial doubt regarding the Company's ability to continue as a going concern. These consolidated financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. The Company's ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. The Company is actively seeking additional funding through debt and equity offerings. Management cannot be certain that such events or a combination thereof can be achieved.

**Fair Value of Financial Instruments**

The Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Subtopic 825-10, "Financial Instruments" ("ASC 825-10") requires disclosure of the fair value of certain financial instruments. The estimated fair value of certain financial instruments, including cash, accounts payable and accrued liabilities are carried at historical cost basis, which approximates their fair value because of the short-term maturity of these instruments. All other significant financial assets, financial liabilities and equity instruments of the Company are either recognized or disclosed in the consolidated financial statements together with other information relevant for making a reasonable assessment of future cash flows, interest rate risk and credit risk.

The Company follows ASC 825-10, which permits entities to choose to measure many financial instruments and certain other items at fair value. The guidance utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels:

Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities.

Level 2: Inputs other than quoted prices that are observable, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active.

Level 3: Unobservable inputs in which little or no market data exists, therefore developed using estimates and assumptions developed by us, which reflect those that a market participant would use.

**Related Parties**

The Company follows ASC 850, "Related Party Disclosures," for the identification of related parties and disclosure of related party transactions.

**Cash and cash equivalents**

For purposes of the consolidated statements of cash flows, the Company considers highly liquid investments with an original maturity of three months or less to be cash equivalents. As of December 31, 2025 and 2024, the Company had no cash equivalents. The Company maintains its cash in banks insured by the Federal Deposit Insurance Corporation in accounts that at times may be in excess of the federally insured limit of $250,000 per bank. The Company minimizes this risk by placing its cash deposits with major financial institutions. As of December 31, 2025 and 2024, the uninsured balances amounted to $0 and $0, respectively.

**Accounts Receivable**

Accounts receivable are comprised of unsecured amounts due from customers. The Company carries its accounts receivable at their face amounts less an allowance for credit losses. The allowance for credit losses is recognized based on management's estimate of expected losses, based on past experience, customer creditworthiness, past transaction history with customers, current/future economic trends and conditions. As of December 31, 2025 and 2024, there was $0 of allowance for credit losses. Accounts receivable was $36,833 and $0 as of December 31, 2025 and 2024, respectively.

**Revenue Recognition**

The Company's revenues are accounted for under ASC Topic 606, "Revenue From Contracts With Customers" ("ASC 606") and generally do not require significant estimates or judgments based on the nature of the Company's revenue streams. The Company recognizes revenue when services are realized or realizable and earned, less estimated credit losses. The sales prices are generally fixed at the point of sale and all consideration from contracts is included in the transaction price. The Company's contracts do not include multiple performance obligations or material variable consideration.

In accordance with ASC 606, the Company recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the Company expects to be entitled in exchange for those goods or services. The Company recognizes revenue in accordance with that core principle by applying the following:

● Identification
 of the contract with a customer

● Identification
 of the performance obligations in the contract

● Determination
 of the transaction price

● Allocation
 of the transaction price to the performance obligations in the contract

● Recognition
 of revenue when, or as, the Company satisfies a performance obligation

The Company primarily generates revenue by facilitating campaign messaging for political organizations, including text messages and automated calls through the Company's technology platform. Upon effectiveness of the Company's acquisition of Advocacy Lab, the Company also began generating monthly recurring subscription revenue for access to its platform.

The Company recognizes revenue upon the fulfillment of its performance obligations to customers, which is at a point in time when the campaign is delivered to the customers' voter lists or the service period for a subscription has been completed. The Company recognized revenue from the subscription at the end of each month during the customers' access to the platform. As of December 31, 2025 and 2024, the Company had a contract liability of $0 and $0, respectively, for services customers had paid for and the Company had not yet delivered. The Company's contracts do not contain a financing component.

*<u>Disaggregation of revenues</u>*

The Company disaggregates revenue between facilitating campaign messaging and subscription revenue to Advocacy Lab, its political AI platform.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **For the Year Ended** | **For the Year Ended** | **For the Year Ended** | **For the Year Ended** |
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2024** | **December 31, 2024** |
| Campaign messaging |  | 1428884 |  | 881051 |
| Subscription | | 27,000 | | - |
|  |  | 1455884 |  | 881051 |

---

**Cost of Revenue**

Cost of revenue consists primarily of expenses related to providing our cloud-based services and professional services. These costs include payroll and related expenses for technical support and professional services personnel, data center hosting costs, software license fees, and amortization of capitalized internal-use software

**Property and Equipment, net**

We state property and equipment at cost or, if acquired through a business combination, fair value at the date of acquisition. We calculate depreciation using the straight-line method over the estimated useful lives of the assets, except for our leasehold improvements, which are depreciated over the shorter of their estimated useful lives or their related lease term. Upon the sale or retirement of assets, the cost and related accumulated depreciation are removed from our accounts and the resulting gain or loss is credited or charged to income. We expense costs for repairs and maintenance when incurred.

**Capitalized Software Development Cost, net**

The Company capitalizes certain costs related to the development and enhancement of the Company's platform. Such costs are amortized when placed in service, on a straight-line basis over the estimated useful life of the related asset, generally estimated to be three years. Costs incurred prior to meeting these criteria together with costs incurred for training and maintenance are expensed as incurred and recorded in product development expenses on our statements of operations. Costs incurred for enhancements that were expected to result in additional features or functionality that would generate additional revenue are capitalized and expensed over the estimated useful life of the enhancements, generally three years. The Company does not capitalize any testing or maintenance costs. The accounting for these capitalized software costs requires management to make significant judgments, assumptions and estimates related to the timing and amount of recognized capitalized software development costs. For the years ended December 31, 2025 and 2025, we capitalized $43,930 and $65,123 of costs related to the development of software applications, respectively. Amortization of capitalized software costs was $50,570 and $55,286 for the for the years ended December 31, 2025 and 2024, respectively. The balance of capitalized software was $36,024 and $86,594, net of accumulated amortization of $149,975 and $99,405 at December 31, 2025 and 2024, respectively.

The Company evaluates its capitalized software costs for impairment annually, at year-end. As of December 31, 2025, the Company determined no impairment of its capitalized software costs was warranted.

**Intangible Assets**

The Company accounts for acquired intangible assets in accordance with ASC 350, "Intangibles - Goodwill and Other". The Company amortizes acquired definite-lived intangible assets over their estimated useful lives. Other indefinite-lived intangible assets are not amortized but subject to annual impairment tests.

**Long-lived Assets**

In accordance with ASC 360 "Property Plant and Equipment," the Company reviews the carrying value of intangibles subject to amortization and long-lived assets for impairment throughout the year or whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.

Recoverability of long-lived assets is measured by comparison of its carrying amount to the undiscounted cash flows that the asset or asset group is expected to generate. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the property, if any, exceeds its fair market value.

**Impairment of Long-lived Assets**

The Company evaluates its long-lived tangible assets for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. The recoverability of a long-lived asset is measured by comparison of the carrying amount to the expected future undiscounted cash flows that the asset is expected to generate. Any impairment to be recognized is measured by the amount by which the carrying amount of the asset exceeds its fair value.

**Deferred Offering Costs**

Deferred offering costs consist of specific expenses directly attributable to the Company's offering, including legal, accounting, printing, underwriter fees, and filing fees. These costs are capitalized as incurred in accordance with the guidance under ASC 340-10-S99-1. Subsequent to the successful completion of the offering, deferred offering costs will be offset against the closing proceeds and reclassified to additional paid-in capital. During the year ended December 31, 2025, the Company recorded deferred offering costs of $249,888. During the year ended December 31, 2025, the Company offset $1,452 of the deferred offering cost against additional paid-in capital.

**Leases**

Leases with an initial term of 12 months or less are not recorded on the balance sheet, and lease payments for these leases are recognized as an expense on a straight-line basis over the lease term.

**Advertising**

The Company charges the costs of advertising to expense as incurred. Advertising costs were $268,380 and $56,318 for the years ended December 31, 2025 and 2024, respectively.

**Research and Development**

Research and development expenses are comprised of costs incurred in performing research and development activities, including salaries, certain contract services and other related costs. Research and development costs are expensed to operations as incurred.

**Stock-based Compensation**

Employee and non-employee share-based compensation is measured at the grant date, based on the fair value of the award, and is recognized as an expense over the requisite service period. Forfeitures are accounted for as they occur, and any unrecognized compensation cost for an award is reversed in the period that the award is forfeited.

**Loss Per Common Share**

Basic loss per common share is computed by dividing net loss available to common shareholders by the weighted-average number of common shares outstanding during the period. Diluted loss per common share is determined using the weighted-average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents. In periods when losses are reported, the weighted-average number of common shares outstanding excludes common stock equivalents, because their inclusion would be anti-dilutive. As of December 31, 2025 and 2024, the Company had no potentially dilutive shares and options.

**Business Combinations**

Our business combinations are accounted for under the acquisition method of accounting in accordance with ASC Topic 805, "Business Combinations" ("ASC 805"). Under the acquisition method, we recognize 100% of the assets we acquire and liabilities we assume, regardless of the percentage we own, at their estimated fair values as of the date of acquisition. Any excess of the purchase price over the fair value of the net assets and other identifiable intangible assets we acquire is recorded as goodwill. To the extent the fair value of the net assets we acquire, including other identifiable assets, exceeds the purchase price, a bargain purchase gain is recognized. The assets we acquire, and liabilities we assume from contingencies, are recognized at fair value if we can readily determine the fair value during the measurement period. The operating results of businesses we acquire are included in our consolidated statement of operations from the date of acquisition. Acquisition-related costs are expensed as incurred.

**Income Taxes**

The Company is organized as a C-Corporation. Prior to its reorganization in June 2025, RoboCent was a corporation and elected to be taxed as S-Corporation for state and federal tax purposes, a structure in which income taxes are not payable by the Company. The shareholder(s) of S-Corporations are taxed individually on their applicable share of earnings.

The Company accounts for income taxes in accordance with ASC 740, which requires an asset and liability approach for financial accounting and reporting for income taxes and allows recognition and measurement of deferred tax assets based upon the likelihood of realization of tax benefits in future years. Under the asset and liability approach, deferred taxes are provided for the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. A valuation allowance is provided for deferred tax assets if it is more likely than not these items will either expire before the Company is able to realize their benefits, or that future deductibility is uncertain.

Tax benefits of uncertain tax positions are recorded only where the position is "more likely than not" to be sustained based on their technical merits. The amount recognized is the amount that represents the largest amount of tax benefit that is greater than 50% likely of being ultimately realized. A liability is recognized for any benefit claimed or expected to be claimed, in a tax return in excess of the benefit recorded in the financial statements, along with any interest and penalty (if applicable) in such excess. The Company has no uncertain tax positions as of December 31, 2025.

As of December 31, 2025 and 2024, the Company owed Virginia state income taxes of $0 and $2,991, respectively related to pass through entity tax.

**Segment Reporting**

The Company manages its operations as a single segment for the purpose of assessing performance and making operating decisions. The Company's Chief Operating Decision Maker ("CODM") is its Chief Executive Officer. The CODM allocates resources and evaluates the performance of the Company using information about combined net income from operations. All significant operating decisions are based upon an analysis of the Company as one operating segment, which is the same as its reporting segment.

**Recent Accounting Pronouncements**

*Income Taxes*

 ****

In December 2023, the FASB issued Accounting Standards Update ("ASU") No. 2023-09, *Income Taxes (Topic 740): Improvements to Income Tax Disclosures* ("ASU 2023-09"). ASU 2023-09 requires enhanced disclosures surrounding income taxes, particularly related to rate reconciliation and income taxes paid information. In particular, on an annual basis, companies will be required to disclose specific categories in the rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold. Companies will also be required to disclose, on an annual basis, the amount of income taxes paid, disaggregated by federal, state, and foreign taxes, and also disaggregated by individual jurisdictions above a quantitative threshold. The standard is effective for the Company for annual periods beginning January 1, 2025 on a prospective basis, with retrospective application permitted for all prior periods presented. The Company adopted ASU 2023-09 for the annual period ending December 31, 2025 with no material impact of this guidance on its disclosures.

*Disaggregation of Income Statement Expenses*

 ****

In November 2024, the FASB issued Accounting Standards Update No. 2024-03, *Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40)* ("ASU 2024-03"). ASU 2024-03 requires specified information about certain costs and expenses be disclosed in the notes to the condensed consolidated financial statements, including the expense caption on the face of the income statement in which they are disclosed, in addition to a qualitative description of remaining amounts not separately disaggregated. Entities will also be required to disclose their definition of "selling expenses" and the total amount in each annual period. The standard is effective for the Company for annual periods beginning January 1, 2027 and for interim periods beginning January 1, 2028, with updates applied either prospectively or retrospectively. Early adoption is permitted. The Company is currently evaluating the impact of this guidance on its disclosures.

*Credit Losses*

In July, 2025, the FASB issued ASU 2025-05, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets, which provides updates related to CECL guidance for certain short-term receivables. The ASU is effective for fiscal years beginning after December 15, 2025. The Company is currently evaluating the impact of this guidance on its disclosures.

*Intangibles—Goodwill and Other—Internal-Use Software*

In September 2025, the FASB issued ASU 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software, which is intended to modernize the accounting for the costs of internal-use software. The amendments remove all references to prescriptive and sequential development stages and, instead, require an entity to start capitalizing software costs when management has authorized and committed to funding the software project, and it is probable that the project will be completed and the software will be used to perform the function intended. The amendments are effective for annual reporting periods beginning after December 15, 2027, and interim reporting periods within those annual reporting periods. Early adoption is permitted as of the beginning of an annual reporting period with the amendments to be applied using a prospective, modified or retrospective transition approach. The Company is currently evaluating the impact provided by the new standard.

**NOTE 3 – SECURED NOTES PAYABLE**

***Senior Secured Business Loan Agreement***

During the year ended December 31, 2025, the Company entered into a series of Senior Secured Promissory Notes with investors (the "Notes") for an aggregate principal amount of $975,845 with the Company receiving cash proceeds of $929,376. The Company recognized debt discount of $46,469 at the issuance of the notes. The Notes mature on December 31, 2026, bear interest at 15% per year, were issued with a 5% original issue discount and are secured by all assets of the Company. In the event the Company enters into a qualified financing event as defined in the agreement, in which the Company receives gross proceeds of at least $2,500,000, the Company shall apply 50% of the proceeds from such offering to redeem the Notes. The cash redemption amount payable to each holder in connection with such Qualified Financing Redemption shall be equal to the product of (I) post-money valuation of the Company following such Qualified Financing and (II) the quotient of (x) the outstanding note balance of the Note held by such holder on the date of such Qualified Financing Redemption and (y) the lower of (i) the product of 0.8 and the post-money valuation of the Company following such Qualified Equity Financing and (ii) $7 million (such amount redeemed, the "Qualified Financing Redemption Amount"); provided, however, that the Qualified Financing Redemption Amount paid to any holder shall not be greater than five hundred percent (500%) of the Outstanding Note Balance of the Note held by such holder on the date of such Qualified Financing Redemption. The Note does not grant the Holder any equity, conversion rights, or ownership in the Company. The Notes and any accrued and unpaid interest are due and payable in the event of a change of control of the Company.

The Company recognized amortization of debt discount of $13,167 during the year ended December 31, 2025. As of December 31, 2025, the principal balance of the Senior Secured Notes was $942,543, net of unamortized debt discount of $33,302.

On May 10, 2024, the Company entered into a secured business loan agreement in the principal amount of $150,000 bearing a variable interest rate based on changes on the 1 Month Term Secured Overnight Financing Rate index, or 14.30% to 15.33%, with a maturity date of May 10, 2025. The note is secured by all assets of the Company. During the years ended December 31, 2025 and 2024, the Company made principal payments of $75,000 and $0, respectively, along with interest payments of $5,345 and $12,774, respectively. As of December 31, 2025, the note had a principal balance of $0, with accrued interest of $0. As of December 31, 2024, the note had a principal balance of $75,000, with accrued interest of $0.

**NOTE 4 – NOTES PAYABLE**

***Stripe Capital Loans***

 **

On October 7, 2025, the Company entered into a Loan Agreement with Stripe Servicing, Inc. and Celtic Bank pursuant to the Stripe Capital Program with a loan amount of $123,400 with a fixed interest fee of $12,957, which was recognized as a debt discount, for a total repayment amount of $136,357 (the "First Stripe Capital Loan"). The First Stripe Capital Loan was secured by substantially all of the assets of the Company. The Stripe Capital Loan was repaid by withholding 25% of client payments to us that were processed through the Stripe payment processing platform, subject to minimum payments of $15,151 every 60 days with the ability repay the outstanding balance of the Stripe Capital Loan in full or in part at any time without penalty.

The Company repaid the principal balance of First Stripe Capital Loan in the amount of $123,400 with accrued fees of $12,957 during the year ended December 31, 2025. There Company recognized amortization of debt discount of $12,957 during the year ended December 31, 2025. As of December 31, 2025, the principal balance of First Stripe Capital Loan was $0 with an unamortized debt discount of $0.

On December 11, 2025, we entered into a Loan Agreement with Stripe Servicing, Inc. and Celtic Bank pursuant to the Stripe Capital Program with a loan amount of $153,500 and a fixed interest fee of $14,736, which was recognized as a debt discount, for a total repayment amount of $168,236 (the "Second Stripe Capital Loan"). The First Stripe Capital Loan was secured by substantially all of the assets of the Company. The Stripe Capital Loan was repaid by withholding 25% of client payments to us that were processed through the Stripe payment processing platform, subject to minimum payments of $18,693 every 60 days with the ability repay the outstanding balance of the Stripe Capital Loan in full or in part at any time without penalty.

The Company made payments in the amount of $25,563 on the Second Stripe Capital Loan principal balance and $2,454 of accrued fees. during the year ended December 31, 2025. There Company recognized amortization of debt discount of $2,454 during the year ended December 31, 2025. As of December 31, 2025, the principal balance of First Stripe Capital Loan was $127,937, of which $112,157 was in short-term liability. As of December 31, 2025, the unamortized debt discount was $12,282.

***OnDeck Term Loan***

 ****

On October 17, 2025, the Company entered into a Term Loan Agreement with ODK Capital, LLC with a principal amount of $200,000 and an interest of 31.9% or fixed interest fee of $63,780, which was recognized as a debt discount, for a total repayment amount of $263,780 (the "OnDeck Term Loan"). The OnDeck Term Loan has an 18 month term and is scheduled to be repaid in 78 weekly payments of $3,382. The OnDeck Term Loan is secured by a blanket lien on substantially all of the assets of the Company and is guaranteed by Travis Trawick, our Chief Executive Officer. If we repay the OnDeck Term Loan in whole prior to its maturity, the remaining interest expense shall be reduced by 25%.

The Company made payments in the amount of $33,821 on the OnDeck Term Loan during the year ended December 31, 2025. As of December 31, 2025, the principal balance of OnDeck Term Loan was $171,796, of which $121,056 was in short-term liability. As of December 31, 2025, the unamortized debt discount was $58,483.

**NOTE 5 – RELATED PARTY TRANSACTIONS**

*Dividend Distribution*

The Company's wholly-owned subsidiary RoboCent made regular cash dividend distributions to the Company's sole shareholder. During the years ended December 31, 2025 and 2024, the Company made dividend distributions in the amount of $17,259 and $10,025, respectively.

*Secured Notes Payable*

 

During the year ended December 31, 2025, the Company entered into a series of Senior Secured Promissory Notes with related-party investors (the "Notes") for an aggregate principal amount of $274,155 with the Company receiving cash proceeds of $261,100. The Company recognized debt discount of $13,055 at the issuance of the notes. The Notes mature on December 31, 2026, bear interest at 15% per year, were issued with a 5% original issue discount and are secured by all assets of the Company. In the event the Company enters into a qualified financing event as defined in the agreement, in which the Company receives gross proceeds of at least $2,500,000, the Company shall apply 50% of the proceeds from such offering to redeem the Notes. The cash redemption amount payable to each holder in connection with such Qualified Financing Redemption shall be equal to the product of (I) post-money valuation of the Company following such Qualified Financing and (II) the quotient of (x) the outstanding note balance of the Note held by such holder on the date of such Qualified Financing Redemption and (y) the lower of (i) the product of 0.8 and the post-money valuation of the Company following such Qualified Equity Financing and (ii) $7 million (such amount redeemed, the "Qualified Financing Redemption Amount"); provided, however, that the Qualified Financing Redemption Amount paid to any holder shall not be greater than five hundred percent (500%) of the Outstanding Note Balance of the Note held by such holder on the date of such Qualified Financing Redemption. The Note does not grant the Holder any equity, conversion rights, or ownership in the Company. The Notes and any accrued and unpaid interest are due and payable in the event of a change of control of the Company.

The Company recognized amortization of debt discount on related-party notes of $3,531 during the year ended December 31, 2025. As of December 31, 2025, the principal balance of the related-party Senior Secured Notes was $264,631, net of unamortized debt discount of $9,524.

**NOTE 6 – ACQUISITION**

On September 29, 2025, the Company entered into a Membership Interest Purchase Agreement to purchase 100% of the membership interest of Advocacy Lab LLC ("AL" or "Advocacy"), a Michigan limited liability company. Advocacy was formed in April 2025. As part of the purchase agreement, the Company paid a total cash consideration of $45,000 to the Sellers and entered into an employment agreement with the Sellers (the "AL Employment Agreements"). The acquisition became effective on October 1, 2025, when the control was transferred to the Company.

The AL Employment Agreements entitled each of the AL Founders to receive a signing bonus of $75,000 and a base salary of $110,000 per annum. The AL Employment Agreements also provided that the AL Founders earned a percentage of all revenues generated by Advocacy Lab based on the following tiers, with a cap on such Earn Out Payments of $5.35 million in the aggregate: (i) for $0 to $1 million in revenue, 50% to the AL Founders, (ii) for $1 million to $2.5 million in revenue, 40% to the AL Founders, (iii) for $2.5 million to $5 million in revenue, 30% to the AL Founders, (iv) for $5 million to $10 million in revenue, 20% to the AL Founders, (v) for $10 million to $20 million in revenue, 10% to the AL Founders, and (vi) for $20 million to $50 million in revenue, 5% to the AL Founders. The AL Employment Agreements provided that no further Earn Out Payments would be owed upon the earlier of (i) October 1, 2035, (ii) the achievement of $50 million in revenue generated by Advocacy Lab, or (iii) with respect to either AL Founder, their resignation or termination of employment for any reason, with or without cause.

Additionally, for any current existing users of Advocacy Lab that become customers of Company, the AL Founders received a commission equal to 25% of the revenue generated from such customer accounts. For any future customers sourced through Advocacy Lab, the AL Founders were entitled to receive a 2% commission, with such commission to continue until the earlier of (i) October 1, 2035, (ii) the receipt of $2.5 million by the AL Founders in aggregate commission, or (iii) with respect to either of the AL Founders, their resignation or termination of employment for any reason, with or without cause.

The Advocacy business does contain existing processes to produce the outputs of its existing revenue stream, and the Company acquired the existing workforce. Based on these factors, the transaction was accounted for as a business combination transaction under ASC 805. The Advocacy business assets consisted of only intangible assets, and no outstanding liabilities. The total purchase price for the acquisition was determined to be $45,000, which consisted of the cash paid. All of the acquisition costs have been capitalized as intangible assets on the balance sheet. The acquired intangible assets were domain name and customer list.

Effective December 15, 2025, both of the AL Founders resigned from employment with the Company, which terminated our obligation to pay commission or Earn Out Payments to either AL Founder subsequent to such date. The resignation of the AL Founders does not otherwise affect the Advocacy Lab Acquisition or our right to the technology and intellectual property of Advocacy Lab.

**NOTE 7 – INTANGIBLE ASSETS**

*GOTV Intangible Assets*

On August 21, 2025, the Company entered into an Escrow Agreement for the acquisition of the domain name, GOTV.com. Under the terms of the agreement, the Company made a down-payment of $31,312 and is required to make monthly payments of $3,125, commencing on September 11, 2025 through August 11, 2028. Upon the end of the escrow period, the ownership of the domain name is transferred to the Company. The Company used a 15% interest rate based on the information available at the commencement date in determining the present value of future payments. The Company used an incremental borrowing rate of 15% to determine the present value of the payments. The present value of the intangible asset on the day of acquisition was $119,961. As of December 31, 2025, the principal balance of the loan was $82,004, of which $27,006 was in short-term liability. As of December 31, 2025, the accrued interest balance was $0.

The domain name is being amortized over an estimated three-year life on a straight-line basis. Amortization expense for the year ended December 31, 2025 was $16,661.

*Advocacy Lab Intangible Assets*

On September 29, 2025, the Company entered into a Membership Interest Purchase Agreement to purchase 100% of the membership interest of Advocacy Lab LLC. The Company paid a total cash consideration of $45,000 to the Sellers. The transaction was accounted for as a business combination transaction under ASC 805 as discussed in note 6. The total purchase price for the acquisition was determined to be $45,000. All of the acquisition costs have been capitalized as intangible assets on the balance sheet. The acquired intangible assets were domain name and customer list.

The domain name and customer list are both an estimated three-year life and are amortized on a straight-line basis. Amortization expense for the year ended December 31, 2025 was $3,750.

**NOTE 8 – SHAREHOLDER EQUITY**

*Preferred Stock*

The Company is authorized to issue 10,000,000 shares of blank check preferred stock, $0.0001 par value per share. No preferred shares were issued or outstanding as of December 31, 2025 and December 31, 2024.

*Common Stock*

The Company is authorized to issue 250,000,000 shares of common stock, $0.0001 par value per share. There were 20,673,200 and 15,000,000 shares of common stock issued and outstanding as of December 31, 2025 and December 31, 2024, respectively.

On June 26, 2025, the sole shareholder of RoboCent, Inc. approved an Agreement and Plan of Merger with FullPAC, Inc. FullPAC, Inc. was incorporated in the State of Nevada on June 25, 2025 by the sole shareholder of RoboCent, Inc. Pursuant to the Agreement and Plan of Merger, the sole shareholder of RoboCent, Inc. received the same class and number of shares of stock in FullPAC, Inc. as he previously held in RoboCent,Inc, FullPAC, Inc. became the sole shareholder of RoboCent, Inc., and RoboCent, Inc. became a wholly owned subsidiary of FullPAC, Inc. The transaction was accounted for as a common control transaction under FASB ASC 805.

Effective June 26, 2025, the Company conducted a forward-split such that 25,000 shares of common stock became 15,000,000 shares of common stock. The forward stock split has been retroactively adjusted throughout these financial statements and footnotes.

During the year ended December 31, 2025, the Company granted a total of 5,650,000 shares of Company's common stock to various employees, executives, directors and consultants for services. The awarded shares are immediately vested. The Company obtained a valuation to appraise the company's common stock to determine the fair market value of the strike price for the stock awards. The Company determined that the fair market value of the common stock granted during the year ended December 31, 2025 was $339,000.

During the year ended December 31, 2025, 25,000 shares of Company's common stock that were previously issued for services during the same year were cancelled and returned to the Company due to the termination of the agreement.

During the year ended December 31, 2025, the Company issued a total of 48,200 shares for a total cash consideration of $36,465.

**NOTE 9 – CONCENTRATIONS OF RISK**

*Supplier Concentrations*

During the year ended December 31, 2025 and 2024, one supplier accounted for 90.2% and 78.8% of the Company's cost of revenues representing carrier fees for messaging.

*Customer Concentrations*

The Company has a concentration of customers. For the fiscal year ended December 31, 2025, three large customers individually accounted for $434,483, $297,227, and $108,756 or approximately 29.58%, 20.24% and 7.40% of our revenues, respectively. For the fiscal year ended December 31, 2024, three large customers individually accounted for $194,922, $132,440, and $48,835, or approximately 23.55%, 14.95%, and 5.51% of our revenues, respectively.

The Company's sales are concentrated in the political telecommunications market and are cyclical based on election cycles.

**NOTE 10 – COMMITMENTS AND CONTINGENCIES**

*Legal Matters*

From time to time, we may be involved in litigation relating to claims arising out of our operations in the normal course of business. As of the date of these financial statements, there are no pending or threatened lawsuits.

**NOTE 11 – INCOME TAX**

The Company is organized as a C-Corporation. Prior to its reorganization in June 2025, RoboCent was a corporation and elected to be taxed as S-Corporation for state and federal tax purposes, a structure in which income taxes are not payable by the Company. The shareholder of the S-Corporations was taxed individually on their applicable share of earnings. The Company is subject to United States federal income taxes at an approximate rate of 21%. The Company adopted ASC 2023-09 during the year ended December 31, 2025 prospectively. The reconciliation of the provision for income taxes at the United States federal statutory rate compared to the Company's income tax expense as reported is as follows:

---

| | | |
|:---|:---|:---|
|  | **Year Ended December 31, 2025** | **Year Ended December 31, 2025** |
|  | **Amount** | **Rate** |
| Income tax benefit computed at the statutory rate | $393000 | 21.0% |
| Non-deductible expenses | (79000) | -4.2% |
| Change in valuation allowance | (311893) | -16.8% |
| Provision for income taxes | $2107 | 0% |

---

---

| | |
|:---|:---|
|  | **Year Ended**<br>**December 31,**<br>**2025** |
| Income tax benefit computed at the statutory rate | $393000 |
| Tax effect of: |  |
| &nbsp;&nbsp;&nbsp;Non-deductible expenses | (79000) |
| &nbsp;&nbsp;&nbsp;Changes in valuation allowance | (311893) |
| Provision for income taxes | $2107 |

---

Significant components of the Company's deferred tax assets and liabilities after applying enacted corporate income tax rates are as follows:

---

| | |
|:---|:---|
|  | **As of**<br>**December 31,**<br>**2025** |
| Deferred income tax assets |  |
| Net operating losses | 314000 |
| Valuation allowance | (311893) |
| Deferred tax assets, net of allowance | $2107 |

---

In assessing the potential for realization of deferred tax assets, the Company considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized upon the generation of future taxable income. The Company recognized no income tax expense or benefit for the year ended December 31, 2025, as a result of a materially full valuation allowance against the net deferred tax assets as of December 31, 2025. Considered together with the Company's limited history of operating losses and its net losses in 2025, the Company recorded a full valuation allowance against the net deferred tax assets as of December 31, 2025.

The Company has an operating loss carry forward of approximately $1,497,000. Under the Tax Cuts and Jobs Act of 2017, the net operating loss carry forwards can be carried forward indefinitely, however the deductions are limited to 80% of taxable income.

**NOTE 12 – SUBSEQUENT EVENTS**

On January 5, 2026, FullPAC, Inc. ("FullPAC" or the "Company") and its newly created wholly owned subsidiary GOVT, Inc. entered into an asset purchase agreement ("APA") with Govtext, LLC and Elnatan Rudolph ("Sellers") to purchase certain assets of the Seller related to its business focused on constituent outreach ("Govtext"). The Company agreed to pay $30,000 in cash to the sellers. The Company also entered into an Independent Referral Partner Agreement ("Partner Agreement") with Elnatan Duolph (the "Partner"). The Partner Agreement has a term of approximately 10 years but is cancellable by with party with 30 days notice. Under the Partner Agreement, the Partner can earn commissions based on gross proceeds from certain legacy accounts of the assets they acquired. All compensation ends upon termination of the agreement. The Company accounted for the transaction as an asset acquisition under ASC 805.

On January 6, 2026, pursuant to a securities purchase agreement dated December 9, 2025, dated as of the same date, by and between us and the investor named therein, we issued and sold in a private placement, an aggregate of 160,000 shares of Common Stock at a purchase price of $5.00 per share to an institutional investor for aggregate gross proceeds of $800,000.

From January 5 to May 22, 2026, the Company sold 204,100 shares of common stock in a qualified offering pursuant to Regulation A+ for gross proceeds of $1,132,900 and net proceeds of $821,436.

From January 8 to May 22, 2026 the Company issued 117,500 shares of common stock with a fair value of $587,500 under its 2025 Employee Incentive Plan for services rendered.

From January 5 to May 22, 2026, the Company redeemed senior secured promissory notes with aggregate principal and accrued interest of $502,616 and $39,266, respectively, realizing a loss on settlement of $2,257,408, in cash.

On April 24, 2026, we issued and sold in a private placement an aggregate of 519,258 shares of Common Stock at a purchase price of $5.00 per share to certain accredited investors pursuant to the April 2026 Purchase Agreements, for aggregate gross proceeds of approximately $2.6 million (the "April 2026 Private Placement"). We used the proceeds from the April 2026 Private Placement for working capital and to begin redeeming the Seed Notes.

In connection with the April 2026 Private Placement, Mr. Trawick sold an aggregate of 3,196,737 shares of the Company's Common Stock to the same accredited investors that were purchasers in the April 2026 Private Placement (the "Founder Share Sale"). The purchase price per share in the Founder Share Sale was $0.10, and Mr. Trawick received gross proceeds of approximately $320,000. The Company was not a party to the Founder Share Sale and did not receive any proceeds from the sale of shares by Mr. Trawick.

## Add

**Exhibit 2.4**

**ASSET PURCHASE AGREEMENT**

This Asset Purchase Agreement (this "**<u>Agreement</u>**"), dated as of January 5, 2026, is entered into by and among FullPAC, Inc., a Nevada corporation ("**<u>Parent</u>**"), GOVT, Inc., a Nevada corporation and wholly-owned subsidiary of Parent ("**<u>Buyer</u>**"), Govtext, LLC, a Florida limited liability company ("**<u>Seller</u>**"), and Elnatan Rudolph, a natural person ("**<u>Seller Principal</u>**" and, together with Seller, the "**<u>Seller Parties</u>**").

**WHEREAS**, Seller owns and operates a business focused on constituent outreach and possesses certain client contracts, business relationships, client lists, and historical data;

**WHEREAS**, Buyer is a wholly-owned subsidiary of Parent;

**WHEREAS**, Buyer desires to purchase from Seller, and Seller desires to sell to Buyer, certain assets of Seller, in exchange for the consideration described in this Agreement, all on the terms and subject to the conditions set forth herein;

**WHEREAS**, Seller Principal owns 100% of the issued and outstanding equity interests of Seller and, as such, wishes to ensure Seller's obligations hereunder; and

**WHEREAS**, each Seller Party acknowledges that (i) such Seller Party has received adequate consideration for entering into this Agreement and performing such Seller Party's respective obligations hereunder, (ii) such Seller Party will benefit substantially from the transactions contemplated hereby, and (iii) Buyer and Parent would not have entered into this Agreement without participation, on the terms set forth herein, of each Seller Party.

**NOW, THEREFORE,** in consideration of the mutual covenants and agreements hereinafter set forth and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;**1.** **Purchase and Sale of Assets; No Assumption of Liabilities.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Seller
 hereby sells, assigns, conveys, transfers and delivers to Buyer, and Buyer hereby purchases
 from Seller, all right, title, and interest in and to the following assets of Seller (collectively,
 the "  **<u>Purchased Assets</u>** "), free and clear of any mortgage, pledge,
 lien, charge, security interest, claim, or other encumbrance or restriction of any kind ("  **<u>Encumbrances</u>** "):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. all
 customer contracts and active business relationships specified on  **<u>Schedule A</u>** hereto (the "  **<u>Govtext Legacy Clients</u>** ");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. all
 related client lists, contact information, books, files, records, historical data, and documentation;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. all
 goodwill and going concern value associated therewith.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Notwithstanding
 the foregoing, the Purchased Assets shall not include any of the following (collectively,
 the "  **<u>Excluded Assets</u>** "): (i) any cash or cash equivalents of Seller;
 (ii) minute books, organizational documents, equity registers and such other books and records
 of Seller as they pertain to the ownership, organization or existence of Seller; or (iii)
 rights, interests, or obligations of Seller in or under any employee benefit plan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Buyer
 shall not assume, and shall not be responsible to pay, perform, or discharge, any liabilities
 or obligations of Seller of any kind or nature whatsoever, whether known or unknown, contingent,
 matured or otherwise, whether currently existing or hereafter created (collectively, the
 "  **<u>Retained Liabilities</u>** ").

&nbsp;&nbsp;&nbsp;&nbsp;**2.** **Purchase Price and Closing.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. The
 aggregate purchase price for the Purchased Assets shall be $30,000.00 (the "  **<u>Purchase Price</u>** "), paid by wire transfer of immediately available funds to an account
 designated by Seller.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. The
 closing of the transactions contemplated by this Agreement (the "  **<u>Closing</u>** ")
 shall occur simultaneously with the execution of this Agreement. The Purchased Assets shall
 be deemed for all purposes to have been conveyed by this Agreement, without the need for
 any further instrument of conveyance.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. At
 the Closing, concurrently herewith,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Parent
 and Seller Principal are entering into an Independent Referral Partner Agreement, dated as
 of the date hereof (the "  **<u>Independent Referral Partner Agreement</u>** ");
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Seller
 is delivering to Buyer an IRS Form W-9 or affidavit of non-foreign status of Seller that
 complies with the Treasury Regulations under Code Section 1445.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Within
 ninety (90) days following the Closing, Buyer shall deliver to Seller a statement allocating
 the Purchase Price (and any other amounts treated as taxable consideration for federal income
 tax purposes) among the Purchased Assets and the covenants described in <u>Section 4(b)</u> (the "  **<u>Purchase Price Allocation Statement</u>** "). All tax returns and
 reports filed by Buyer and Seller shall be prepared consistently with the Purchase Price
 Allocation Statement. No Party shall take or permit others to take on its behalf any position
 for tax purposes that is inconsistent with the Purchase Price Allocation Statement unless
 required to do so by applicable law.

&nbsp;&nbsp;&nbsp;&nbsp;**3.** **Representations and Warranties of the Seller Parties.** The Seller Parties hereby jointly and severally
 represent and warrant to Buyer that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Seller
 is a limited liability company, duly organized, validly existing, and in good standing under
 the laws of the state of Florida, and has full power and authority to enter into this Agreement.
 Seller Principal has full power, authority and legal capacity to enter into this Agreement
 and the Independent Referral Partner Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. The
 execution, delivery and performance by the Seller Parties of this Agreement and the documents
 to be delivered hereunder, and the consummation of the transactions contemplated hereby,
 do not and will not: (i) violate or conflict with the organizational documents of Seller;
 (ii) violate or conflict with any judgment, order, decree, statute, law, ordinance, rule,
 or regulation applicable to the Seller Parties or the Purchased Assets; (iii) conflict with,
 or result in (with or without notice or lapse of time or both) any violation of, or default
 under, or give rise to a right of termination, acceleration or modification of any obligation
 or loss of any benefit under any contract or other instrument to which any Seller Party is
 a party or to which any of the Purchased Assets are subject; or (iv) result in the creation
 or imposition of any Encumbrance on the Purchased Assets. No consent, approval, waiver or
 authorization is required to be obtained by any Seller Party from any person or entity (including
 any governmental authority) in connection with the execution, delivery and performance by
 the Seller Parties of this Agreement and the consummation of the transactions contemplated
 hereby.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Seller
 is the sole legal and beneficial owner of the Purchased Assets (whether tangible or intangible),
 free and clear of all Encumbrances.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Seller
 has timely filed or caused to be filed all federal, state, local and foreign tax returns
 (or extensions therefor) required to be filed and has paid or caused to be paid all taxes
 required to be paid in respect of the periods for which tax returns are due (whether or not
 shown on such tax returns). All tax returns of Seller are true, correct and complete in all
 material respects. All taxes that Seller is or was required to withhold or collect have been
 duly withheld or collected and, to the extent required, have been paid to the proper governmental
 authority.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Seller
 has operated its business in material compliance with all applicable federal, state and local
 laws and regulations. Seller has and duly maintains all licenses and permits that are required
 for the operation of its business as currently conducted.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. There
 is no claim, action, suit, proceeding, or governmental investigation pending or, to the Seller
 Parties' actual or constructive knowledge, threatened against or by any Seller Party
 (i) relating to or affecting the Purchased Assets or (ii) that challenges or seeks to prevent,
 enjoin or otherwise delay the transactions contemplated by this Agreement. The Seller Parties
 do not have any actual or constructive knowledge of any event or circumstance that may give
 rise to, or serve as a basis for, any such claim, action, suit, proceeding, or governmental
 investigation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. The
 Seller Parties have not received any written, or, to the Seller Parties' actual or
 constructive knowledge, oral notice that any Govtext Legacy Client intends (i) to discontinue
 doing business with Seller or, following the Closing, Buyer, (ii) to materially reduce the
 amount (in volume or pricing) of business with Seller or, following the Closing, Buyer from
 the amounts achieved by Seller during 2025, or (iii) otherwise to materially and adversely
 modify its relationship with Seller or, following the Closing, Buyer. No Govtext Legacy Client
 is renegotiating any contract with Seller or has been in any material dispute with Seller.

&nbsp;&nbsp;&nbsp;&nbsp;**4.** **Post-Closing Covenants** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. From
 time to time after the date hereof at Buyer's request, the Seller Parties will execute,
 acknowledge, and deliver to Buyer such other instruments of conveyance and transfer and will
 take such other actions and execute and deliver such other documents, certifications, and
 further assurances as the Buyer may reasonably require in order to effect, consummate, confirm
 or evidence the transactions contemplated hereby and to carry out, evidence, and confirm
 the intended purposes of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. For
 a period of two (2) years following the Closing, none of the Seller Parties shall, directly
 or indirectly, cause, solicit, induce or encourage any of the Govtext Legacy Clients to terminate
 or modify its business relationship with Buyer or to do business with a competitor of Buyer.
 The Seller Parties specifically acknowledge and agree that money damages for any breach of
 the foregoing will be inadequate and that Buyer, in addition to any other relief available
 to it, shall be entitled to temporary and permanent injunctive relief without the necessity
 of proving actual damage or posting any bond whatsoever.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. From
 and after the Closing, the Seller Parties shall keep confidential, and shall not, directly
 or indirectly, disclose, reveal, divulge or communicate to any person other than authorized
 officers, managers and employees of Buyer, or use or otherwise exploit for their own benefit
 or for the benefit of anyone other than Buyer, any non-public or proprietary information,
 trade secrets, or client data related to the Purchased Assets. Notwithstanding the foregoing,
 the Seller Parties shall be permitted to disclose any such non-public or proprietary information,
 trade secrets, or client data if and to the extent such disclosure is required by applicable
 law; <u>provided</u> that the applicable Seller Party shall, to the extent reasonably possible,
 provide Buyer with prompt notice of such legal requirement prior to making any disclosure
 so that Buyer may seek an appropriate protective order and shall cooperate with Buyer, at
 Buyer's sole expense, in any attempt by Buyer to seek and obtain an appropriate protective
 order.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. For
 a period of not fewer than twelve (12) months following the date hereof, Seller shall maintain
 its existence as a limited liability company in good standing and shall not liquidate, wind
 up or dissolve. Following the expiration of such 12-month period, should Seller determine
 to dissolve, Seller shall follow the notice procedure set forth by all applicable Codes of
 the State of Florida. The Seller Parties further covenant to maintain adequate reserves for
 the satisfaction of the Retained Liabilities (whether known or unknown, liquidated or contingent).

&nbsp;&nbsp;&nbsp;&nbsp;**5.** **Indemnification.** All representations, warranties, covenants and agreements contained herein and all related
 rights to indemnification shall survive the Closing indefinitely. The Seller Parties shall,
 jointly and severally, defend, indemnify and hold harmless Buyer, its affiliates and their
 respective stockholders, directors, members, managers, officers, and employees from and against
 all claims, judgments, damages, liabilities, settlements, losses, costs and expenses, including
 reasonable attorneys' fees and disbursements, to the extent arising from or relating
 to: (a) any material inaccuracy in or material breach of any of the representations or warranties
 of Seller contained in this Agreement or any document to be delivered hereunder; (b) any
 breach or non-fulfillment of any covenant, agreement or obligation to be performed by a Seller
 Party pursuant to this Agreement or any document to be delivered hereunder; or (c) any Excluded
 Asset or Retained Liability.

&nbsp;&nbsp;&nbsp;&nbsp;**6.** **Miscellaneous** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. This
 Agreement and the documents to be delivered hereunder constitute the sole and entire agreement
 of the parties to this Agreement with respect to the subject matter contained herein and
 therein, and supersede all prior and contemporaneous understandings and agreements, both
 written and oral, with respect to such subject matter.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. This
 Agreement shall be binding upon and shall inure to the benefit of the parties hereto and
 their respective successors and permitted assigns.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Except
 as provided in <u>Section 5</u>, this Agreement is for the sole benefit of the parties hereto
 and their respective successors and permitted assigns and nothing herein, express or implied,
 is intended to or shall confer upon any other person or entity any legal or equitable right,
 benefit or remedy of any nature whatsoever under or by reason of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. This
 Agreement shall be governed by and construed in accordance with the laws of the State of
 New York, without giving effect to conflict of law principles.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. This
 Agreement may only be amended, modified or supplemented by an agreement in writing signed
 by each party hereto. No waiver by any party hereto of any of the provisions hereof shall
 be effective unless explicitly set forth in writing and signed by the party so waiving. No
 waiver by any party hereto shall operate or be construed as a waiver in respect of any failure,
 breach or default not expressly identified by such written waiver, whether of a similar or
 different character, and whether occurring before or after that waiver. No failure to exercise,
 or delay in exercising, any right, remedy, power or privilege arising from this Agreement
 shall operate or be construed as a waiver thereof; nor shall any single or partial exercise
 of any right, remedy, power or privilege hereunder preclude any other or further exercise
 thereof or the exercise of any other right, remedy, power or privilege.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Any
 action arising under this Agreement shall be brought in a court of competent jurisdiction.
 Each party waives any objection to the laying of venue in such courts and any claim of inconvenient
 forum.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. EACH
 PARTY IRREVOCABLY WAIVES ANY RIGHT TO A TRIAL BY JURY IN ANY LEGAL ACTION ARISING OUT OF
 THIS AGREEMENT.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. If
 any term or provision of this Agreement is invalid, illegal or unenforceable in any jurisdiction,
 such invalidity, illegality or unenforceability shall not affect any other term or provision
 of this Agreement or invalidate or render unenforceable such term or provision in any other
 jurisdiction.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Each
 party hereto agrees that the Purchased Assets being conveyed hereunder are unique, and irreparable
 damages would occur, and money damages would be inadequate, if any provision of this Agreement
 were not performed in accordance with the terms hereof or thereof and that, in the event
 of a breach or threatened breach of this Agreement, the parties hereto shall be entitled
 to seek injunctive relief and specific performance of the terms hereof and thereof, in addition
 to any other remedy to which they are entitled at law or in equity. Each party hereto irrevocably
 waives any requirement for the securing or posting of any bond, or for the proving of any
 actual or special damages, in connection with any injunctive relief or specific performance
 described within this <u>Section 6(i)</u>. Each Party further agrees that the only permitted
 objection that it may raise in response to any Action for any injunctive relief or specific
 performance described within this <u>Section 6(i)</u> is that it contests the existence of
 a breach or threatened breach of this Agreement. The remedies provided herein shall be cumulative
 and shall not preclude the assertion by any party of any other rights or the seeking of any
 other remedies against any other party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. Unless
 the context otherwise requires, (a) all references to Sections are to Sections in this Agreement,
 (b) words in the singular or plural include the singular and plural and pronouns stated in
 either the masculine, the feminine or neuter gender shall include the masculine, feminine
 and neuter, (c) the use of the word "including" in this Agreement shall be by
 way of example rather than limitation, (d) a reference to any party to this Agreement or
 any other agreement or document shall include such party's successors and permitted
 assigns, (e) the word "or" shall not be exclusive and (f) the phrase "to
 the extent" shall mean the degree to which a subject extends to an applicable matter,
 and such phrase shall not simply mean "if". Each Party participated in the negotiation
 and drafting of this Agreement, assisted by such legal and tax counsel as it desired, and
 contributed to its revisions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. This
 Agreement may be executed in counterparts, each of which shall be deemed an original, but
 all of which together shall be deemed to be one and the same agreement. A signed copy of
 this Agreement delivered by e-mail with such copy attached as a .pdf shall be deemed to have
 the same legal effect as delivery of an original signed copy of this Agreement. This Agreement
 may be executed with electronic signatures.

***IN WITNESS WHEREOF***, the undersigned has executed this Asset Purchase Agreement as of the first date written above.

---

| | |
|:---|:---|
| **SELLER:** | **SELLER:** |
| **GOVTEXT, LLC,** | **GOVTEXT, LLC,** |
| a Florida limited liability company | a Florida limited liability company |
| By: | */s/ Elnatan Rudolph* |
|  | Elnatan Rudolph, |
|  | Authorized Member |
| **SELLER PRINCIPAL:** | **SELLER PRINCIPAL:** |
| By: | */s/ Elnatan Rudolph* |
|  | Elnatan Rudolph |
| **BUYER:** | **BUYER:** |
| **GOVT, INC.,** | **GOVT, INC.,** |
| a Nevada corporation | a Nevada corporation |
| By: | */s/ Travis Trawick* |
|  | Travis Trawick, |
|  | President |
| **PARENT:** | **PARENT:** |
| **FULLPAC, INC.,** | **FULLPAC, INC.,** |
| a Nevada corporation | a Nevada corporation |
| By: | */s/ Travis Trawick* |
|  | Travis Trawick, |
|  | Chief Executive Officer |

---

**<u>SCHEDULE A</u>**

[List of Govtext Legacy Clients]

## Add

**Exhibit 6.8**

**EMPLOYMENT AGREEMENT**

**THIS EMPLOYMENT AGREEMENT** (this "***Agreement***") is entered into by and between Hector Garcia (the "***Executive***") and FullPAC, Inc., a Nevada corporation (the "***Company***") and shall become effective on January 1, 2026 (the "***Effective Date***"). The Company and the Executive shall be referred to herein as the "***Parties***."

**RECITALS**

**WHEREAS**, the Company desires to employ the Executive as its Chief Revenue Officer, and the Executive desires to be employed by the Company as its Chief Revenue Officer beginning on the Effective Date;

**WHEREAS**, the Company and the Executive desire to set forth in writing the terms and conditions of their agreement and understandings with respect to the employment of the Executive as its Chief Revenue Officer; and

**WHEREAS**, the Company hereby agrees to employ the Executive, and the Executive hereby agrees to accept employment with the Company, for the period and upon the terms and conditions contained in this Agreement.

**NOW, THEREFORE**, in consideration of the mutual promises and agreements contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound, the Parties hereby agree as follows:

**ARTICLE I.**

**<u>SERVICES TO BE PROVIDED BY EXECUTIVE</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. **<u>Position and Responsibilities</u>**. The Executive shall be employed and serve as the Chief Revenue Officer of the Company. The Executive shall report directly to the Chief Executive Officer of the Company (the "***CEO***"). The Executive shall have such duties and responsibilities commensurate with the Executive's title.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. **<u>Performance</u>**. During the Executive's employment with the Company, the Executive shall use the Executive's best efforts in the performance of the Executive's duties hereunder in a manner that will faithfully and diligently further the business and interests of the Company, and shall exercise reasonable best efforts to perform the Executive's duties in a diligent, trustworthy, good faith and business-like manner, all for the purpose of advancing the business of the Company. The Executive shall at all times act in a manner consistent with the Executive's position.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. **<u>Restrictive Covenants</u>**. The Executive's employment is conditioned on the execution of and compliance with the Confidentiality and Restrictive Covenant Agreement attached hereto as <u>Exhibit A</u>, which the Executive must sign on or before the Executive's first day of employment.

**ARTICLE II.**

**<u>COMPENSATION FOR SERVICES</u>**

As compensation for all services the Executive will perform under this Agreement, the Company will pay the Executive, and the Executive shall accept as full compensation, the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. **<u>Base Salary</u>**. During employment, the Company shall pay the Executive an annual salary of $265,000 (the "***Base Salary***"), less applicable payroll deductions and tax withholdings for all services rendered by the Executive under this Agreement. The Company shall pay the Base Salary in accordance with the normal payroll policies of the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. **<u>Discretionary Performance Bonus</u>**. For each calendar year or portion thereof during employment, the Executive shall be eligible for a discretionary performance bonus (the "***Bonus***"), less applicable payroll deductions and tax withholdings, which shall be based upon the achievement of certain performance goals as established by the Company, in its sole discretion, for each such year. Any Bonus shall be paid in the calendar year immediately following the calendar year in which any such bonus was earned at the time such bonuses are ordinarily paid by the Company but no later than March 15th. The Executive must be employed by the Company on the payment date to receive any Bonus. The awarding of bonuses, if any, shall be determined reasonably and in good faith by the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C. <u>Commission</u>**. During employment, in addition to the Base Salary and Discretionary Performance Bonus, the Executive shall be eligible to receive commission compensation (the "***Commission***"). The specific performance metrics, calculation formulas, vesting conditions, and payment schedules applicable to the Commission shall be set forth in a separate commission plan to be acknowledged and signed by the Executive (the "***Commission Plan***"). The Commission Plan may be reviewed and adjusted on an annual basis by the Company in its sole discretion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. **<u>Expenses</u>**. The Company agrees that, during the Executive's employment, it will reimburse the Executive for out-of-pocket expenses reasonably incurred in connection with the Executive's performance of the Executive's services hereunder, including, but not limited to, required travel for business purposes upon the presentation by the Executive of an itemized accounting of such expenditures, with supporting receipts in compliance with the Company's expense reimbursement policies. Reimbursement shall be in compliance with the Company's expense reimbursement policies.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. **<u>Health Benefits</u>**. The Executive will be entitled to participate in the Company's health plan during the Term that is made generally available, from time to time, to other employees of the Company, on a basis consistent with such participation and subject to the terms of the health plan documents, as such plan may be modified, amended, terminated, or replaced from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. **<u>Other Benefits</u>**. The Executive is entitled during employment to participate in any 401(k) plan and any other benefit or welfare program or policy that is made generally available, from time to time, to other employees of the Company, including eligibility for awards granted at the discretion of the Board of Directors or its designated committee under the Company's 2025 Long-Term Incentive Plan. Such participation is subject to the terms of the plan documents, as such plans may be modified, amended, terminated, or replaced from time to time. The Executive will be entitled to paid time off in accordance with the Company's policies in effect from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G. **<u>Compensation Recovery (Clawback)</u>**. Notwithstanding any other provision in this Agreement to the contrary, any incentive-based compensation paid to the Executive pursuant to this Agreement or any other agreement or arrangement with the Company shall be subject to recovery by the Company under its Compensation Recovery Policy (the "***Clawback Policy***"), as it may be amended from time to time. The Executive acknowledges receipt of the Clawback Policy and agrees to be bound by its terms, including the obligation to repay any Erroneously Awarded Compensation as defined and required by the policy.

**ARTICLE III.**<br> **<u>TERM; TERMINATION</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. **<u>Term of Employment</u>**. The terms and conditions of employment set forth in this Agreement shall commence on the Effective Date and shall continue until such employment is terminated in accordance with this Article III.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. **<u>Termination</u>**. Subject to any obligations set forth below, either party may terminate the Executive's employment at any time upon written notice provided that the Executive will be required to provide the Company at least one (1) month advance written notice of the Executive's voluntary resignation without Good Reason (as defined below). Upon termination of the Executive's employment, the Company shall pay the Executive (i) any unpaid Base Salary and any earned but unpaid commission accrued through the date of termination; and (ii) any unreimbursed expenses properly incurred prior to the date of termination (collectively, the "***Accrued Obligations***").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) **<u>Termination for Cause, Voluntary Resignation, or as a Result of Death or Disability</u>**. In the event the Executive voluntarily resigns without Good Reason (as defined below), the Company may, in its sole discretion, shorten the notice period and determine the date of termination without any obligation to pay the Executive any additional compensation other than the Accrued Obligations and without triggering a termination of the Executive's employment without Cause (as defined below). In the event the Company terminates the Executive's employment for Cause or the Executive voluntarily resigns without Good Reason, or as a result of the Executive's Total and Permanent Disability (as defined below) or death, the Company shall have no further liability or obligation to the Executive under this Agreement. The Accrued Obligations shall be payable in a lump sum within the time period required by applicable law, and in no event later than thirty (30) days following termination of employment.

For purposes of this Agreement, "***Cause***" shall be limited to termination based on any of the following grounds: (a) fraud, misappropriation, embezzlement or acts of similar dishonesty; (b) conviction of a felony crime; (c) intentional and willful misconduct that subjects the Company to criminal liability; (d) breach of the Executive's duty of loyalty to the Company or diversion or usurpation of corporate opportunities properly belonging to the Company; (e) material breach of this Agreement and/or any other agreement entered into between the Company and the Executive or any related Company policy; and/or (f) willful and continued failure to satisfactorily perform the duties of Executive's position.

For purposes of this Agreement, "***Total and Permanent Disability***" means the Executive is qualified for long-term disability benefits under the Company's or a subsidiary's disability plan or insurance policy; or, if no such plan or policy is then in existence or if the Executive is not eligible to participate in such plan or policy, that the Executive, because of a physical or mental condition resulting from bodily injury, disease, or mental disorder, is unable to perform the Executive's duties of employment for a period of six (6) continuous months, as determined in good faith by the Company, based upon medical reports or other evidence reasonably satisfactory to the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) **<u>Termination Without Cause or for Good Reason</u>**. In the event the Executive's employment is terminated by the Company without Cause or by the Executive for Good Reason, the Executive shall receive the following, subject to the execution and timely return by the Executive of a release of claims in the form to be delivered by the Company: (a) the Accrued Obligations, payable in a lump sum within the time period required by applicable law, and in no event later than thirty (30) days following termination of employment; and (b) a lump sum severance payment in an amount equal to twelve (12) months of the Executive's then-current Base Salary as of the date of termination, less applicable payroll deductions and tax withholdings, payable on the Company's first regular pay date on or after the thirtieth (30th) day following the Executive's execution and delivery of the release of claims, which has not been revoked (provided that if the time period for reviewing, executing, and revoking the release of claims begins in one year and ends in a second taxable year, no payments shall commence until the second taxable year). For purposes of this Agreement, "***Good Reason***" means (a) a material reduction in or failure to pay the Executive's Base Salary; (b) a material reduction in the Executive's responsibilities, title or duties without the consent of the Executive; (c) a change in the location of the Executive's principal place of employment without the consent of the Executive outside of a twenty-five (25) mile radius of the principal place of employment where the Executive is based as of the Effective Date; or (d) the Company's material breach of this Agreement. For purposes of subsections (a)-(d) of this paragraph, the Executive shall give the Company written notice thereof which shall specify in reasonable detail the circumstances constituting Good Reason. There shall be no Good Reason with respect to any such circumstances if cured by the Company within thirty (30) days after such notice, at which time the Executive may withdraw his notice of termination.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) **<u>Termination Following a Change of Control</u>**. In the event that the Executive's employment is terminated by the Company without Cause or by the Executive for Good Reason, in either case, within twelve (12) months following a Change of Control (as defined below), then, in lieu of the severance payments described in <u>Article III, Section B(ii)</u> above, the Executive shall receive the following, subject to the execution and timely return by the Executive of a release of claims in the form to be delivered by the Company: (a) severance pay in an amount equal to eighteen (18) months of the Executive's then-current Base Salary as of the date of termination, less applicable payroll deductions and tax withholdings, payable in a lump sum on the Company's first regular pay date on or after the thirtieth (30th) day following the Executive's execution and delivery of the release of claims, which has not been revoked (provided that if the time period for reviewing, executing, and revoking the release of claims begins in one year and ends in a second taxable year, no payments shall commence until the second taxable year); (b) all outstanding and unvested equity awards held by the Executive shall immediately become fully vested and, to the extent applicable, exercisable as of the date of termination subject to the terms and conditions of the applicable equity award agreements; and (c) the Accrued Obligations, payable in a lump sum within the time period required by applicable law, and in no event later than thirty (30) days following termination of employment.

For purposes of this Agreement, "***Change of Control***" means the occurrence of any of the following events: (a) any "person" (as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended) becomes the "beneficial owner" (as defined in Rule 13d-3 under said Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company's then-outstanding voting securities; (b) the consummation of the sale or disposition by the Company of all or substantially all of the Company's assets; (c) the consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity outstanding immediately after such merger or consolidation; or (d) a change in the composition of the Board, as a result of which a majority of the members of the Board are not "Incumbent Directors" (meaning, any individual who is a director of the Company as of the Effective Date and any successor director whose election, or nomination for election by the Company's stockholders, was approved by a vote of at least a majority of the Incumbent Directors then on the Board).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. **<u>Garden Leave</u>**. Following the Executive's delivery of a notice of voluntary resignation, the Company may, in its sole discretion, require the Executive to remain away from the Company's premises and cease performing all duties and responsibilities for all or part of the notice period (the "***Garden Leave Period***"). During the Garden Leave Period, the Executive: (i) shall remain an employee of the Company and will continue to receive Base Salary and benefits; (ii) shall not contact or communicate with any employees, clients, or customers of the Company unless expressly directed to do so by the Company; (iii) shall not commence employment with any other entity; and (iv) must adhere to all duties and obligations to the Company, including the duty of loyalty. The Company's election to place the Executive on Garden Leave shall not be construed as a termination without Cause by the Company.

**ARTICLE IV.**<br> **<u>MISCELLANEOUS PROVISIONS</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. **<u>Governing Law</u>**. This Agreement shall be governed by and construed in accordance with the laws of the state in which the Executive primarily resides and performs services for the Company, without regard to its conflict of laws principles.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; B. **<u>Mandatory Arbitration of Disputes</u>**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. To
 ensure the rapid and confidential resolution of disputes, the Company and the Employee mutually
 agree that any and all claims, disputes, or controversies arising out of or relating to this
 Agreement, the interpretation or enforcement of this Agreement, the Employee's employment
 with the Company, or the termination of that employment (collectively, "  ***Claims*** "),
 shall be resolved exclusively by final, binding and confidential arbitration. This agreement
 to arbitrate (the "  ***Arbitration Provision***") applies to all Claims,
 whether based on statute, contract, tort, or common law. The parties further agree that any
 disputes arising out of or relating to the interpretation, application, enforceability, or
 validity of this Arbitration Provision, or any portion of the Arbitration Provision, shall
 be decided by an Arbitrator and not by a court or judge. By agreeing to arbitration, **both Parties knowingly and voluntarily waive their right to a trial by jury.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The
 Arbitration Provision covers all Claims that the Company may have against the Employee or
 that the Employee may have against the Company and its affiliates, officers, directors, and
 other employees. Such Claims include, but are not limited to, claims for unpaid wages, wrongful
 termination, discrimination, harassment, breach of contract, and violation of any federal,
 state, or local law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. The
 Arbitration Provision does not apply to claims for workers' compensation benefits,
 unemployment insurance benefits, or any claim that cannot be subjected to mandatory arbitration
 as a matter of law. Further, the Arbitration Provision does not prevent the Employee from
 filing an administrative charge with a government agency, such as the Equal Employment Opportunity
 Commission (EEOC) or the National Labor Relations Board (NLRB), although any subsequent private
 lawsuit arising from such a charge will be subject to the Arbitration Provision.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. The
 arbitration shall be conducted by a single, neutral arbitrator in accordance with the then-current
 Employment Arbitration Rules and Procedures of JAMS (or another mutually agreed-upon arbitration
 service). The arbitration shall take place in the county where the Employee primarily performs
 or performed services for the Company. The Company will bear the costs of the arbitrator's
 fees and any other costs unique to arbitration. The arbitrator shall have the authority to
 grant any remedy or relief that a court of competent jurisdiction could grant. The arbitrator's
 decision shall be in writing and will be final and binding on both Parties. Judgment on the
 award rendered by the arbitrator may be entered in any court having competent jurisdiction.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. The
 Parties agree that any arbitration will be conducted on an individual basis only. The Parties
 expressly waive their right to bring or participate in any form of class, collective, or
 representative action. The arbitrator may not consolidate more than one person's claims
 and may not otherwise preside over any form of a representative or class proceeding.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. **<u>Headings</u>**. The paragraph headings contained in this Agreement are for convenience only and shall in no way or manner be construed as a part of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. **<u>Severability</u>**. In the event that any court of competent jurisdiction holds any provision in this Agreement to be invalid, illegal or unenforceable in any respect, the remaining provisions shall not be affected or invalidated and shall remain in full force and effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. **<u>Reformation</u>.** In the event any court of competent jurisdiction holds any restriction in this Agreement to be unreasonable and/or unenforceable as written, the court may reform this Agreement to make it enforceable, and this Agreement shall remain in full force and effect as reformed by the court.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. **<u>Entire Agreement</u>**. This Agreement constitutes the entire agreement between the Parties, and fully supersedes any and all prior agreements, understanding or representations between the Parties pertaining to or concerning the subject matter of this Agreement, including, without limitation, the Executive's employment with the Company. No oral statements or prior written material not specifically incorporated in this Agreement shall be of any force and effect, and no changes in or additions to this Agreement shall be recognized, unless incorporated in this Agreement by written amendment, such amendment to become effective on the date stipulated in it. Any amendment to this Agreement must be signed by all parties to this Agreement. The Executive acknowledges and represents that in executing this Agreement, the Executive did not rely, and has not relied, on any communications, promises, statements, inducements, or representation(s), oral or written, by the Company, except as expressly contained in this Agreement. The Parties represent that they relied on their own judgment in entering into this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G. **<u>Waiver</u>**. No waiver of any breach of this Agreement shall be construed to be a waiver as to succeeding breaches. The failure of either party to insist in any one or more instances upon performance of any terms or conditions of this Agreement shall not be construed as a waiver of future performance of any such term, covenant or condition but the obligations of either party with respect thereto shall continue in full force and effect. The breach by one party to this Agreement shall not preclude equitable relief or the obligations hereunder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;H. **<u>Modification</u>**. The provisions of this Agreement may be amended, modified or waived only with the prior written consent of the Company and the Executive, and no course of conduct or failure or delay in enforcing the provisions of this Agreement shall be construed as a waiver of such provisions or affect the validity, binding effect or enforceability of this Agreement or any provision hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;I. **<u>Assignment</u>**. This Agreement shall be binding upon and inure to the benefit of the Parties hereto and their respective heirs, successors and permitted assigns. The Executive may not assign this Agreement to a third party. The Company may assign its rights, together with its obligations hereunder, to any affiliate and/or subsidiary of the Company or any successor thereto or any purchaser of substantially all of the assets of the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;J. **<u>Code Section 409A</u>**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To the extent (A) any payments to which the Executive becomes entitled under this Agreement, or any agreement or plan referenced herein, in connection with the Executive's termination of employment with the Company constitute deferred compensation subject to Section 409A of the Internal Revenue Code of 1986, as amended (the "***Code***"); (B) the Executive is deemed at the time of the Executive's separation from service to be a "specified employee" under Section 409A of the Code; and (C) at the time of the Executive's separation from service the Company is publicly traded (as defined in Section 409A of Code), then such payments (other than any payments permitted by Section 409A of the Code to be paid within six (6) months of the Executive's separation from service) shall not be made until the earlier of (1) the first day of the seventh month following the Executive's separation from service or (2) the date of the Executive's death following such separation from service. Upon the expiration of the applicable deferral period, any payments which would have otherwise been made during that period (whether in a single sum or in installments) in the absence of this <u>Article IV, Section I</u> shall be paid to the Executive or the Executive's beneficiary in one lump sum, plus interest thereon at the Delayed Payment Interest Rate (as defined below) computed from the date on which each such delayed payment otherwise would have been made to the Executive until the date of payment. For purposes of the foregoing, the "***Delayed Payment Interest Rate***" shall mean the national average annual rate of interest payable on jumbo six-month bank certificates of deposit, as quoted in the business section of the most recently published Sunday edition of The New York Times preceding the Executive's separation from service.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To the extent any benefits provided under <u>Article III, Section B(ii)-(iii)</u> above are otherwise taxable to the Executive, such benefits shall, for purposes of Section 409A of the Code, be provided as separate in-kind payments of those benefits, and the provision of in-kind benefits during one calendar year shall not affect the in-kind benefits to be provided in any other calendar year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) In the case of any amounts payable to the Executive under this Agreement, or under any plan of the Company, that may be treated as payable in the form of "a series of installment payments," as defined in Treas. Reg. §1.409A-2(b)(2)(iii), the Executive's right to receive such payments shall be treated as a right to receive a series of separate payments for purposes of Treas. Reg. §1.409A-2(b)(2)(iii).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) It is intended that this Agreement comply with or be exempt from the provisions of Section 409A of the Code and the Treasury Regulations and guidance of general applicability issued thereunder, and in furtherance of this intent, this Agreement shall be interpreted, operated, and administered in a manner consistent with such intent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;K. **<u>Counterparts</u>**. This Agreement may be executed in multiple counterparts, each of which will be deemed to be an original copy of this Agreement and all of which, when taken together, will be deemed to constitute one and the same agreement. The Parties intend to treat as an original any document signed in connection with the transactions contemplated by this Agreement, including any counterpart to this Agreement or any related document that is delivered by electronic transmission, including by facsimile, .PDF, photo static copy, or otherwise.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK. SIGNATURE PAGE FOLLOWS.]

IN WITNESS WHEREOF, the Company and the Executive have caused this Agreement to be executed on the dates set forth below, to be effective as of the Effective Date.

---

| | | |
|:---|:---|:---|
| **EXECUTIVE:** | **EXECUTIVE:** |  |
| */s/ Hector Garcia* | */s/ Hector Garcia* | |
| Hector Garcia | Hector Garcia |  |
| Date: |  |  |
| **COMPANY:** | **COMPANY:** |  |
| FullPAC, Inc. | FullPAC, Inc. |  |
| *By:* | */s/ Travis Trawick* | |
| Name: | Travis Trawick |  |
| Title: | Chief Executive Officer |  |
| Date: |  |  |

---

## Add

**Exhibit 6.12**

**PROMISSORY NOTE**

**U.S. $14,980.00** Issuance Date: March 31, 2026

The undersigned maker ("Maker") promises to pay to the order of Isaac Dietrich (the "Lender") the principal sum of U.S. $14,980.00.

On the two-year anniversary of the Issuance Date of this Note, all outstanding principal shall be immediately due and payable in full.

Any default by Maker in the payment of principal under this Note or the occurrence of an event of default hereunder. Venue of any litigation arising in connection with this Note shall be in Virginia Beach, Virginia.

To the extent that Lender receives any payment on account of any of Maker's obligations, and any such payment(s) or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside, subordinate and/or required to be repaid to a trustee, receiver or any other person or entity under any bankruptcy act, state or federal law, common law or equitable cause, then, to the extent of such payment(s) received, Maker's obligations or part thereof intended to be satisfied shall be revived and continue in full force and effect, as if such payment(s) had not been received by Lender and applied on account of Maker's obligations.

Maker agrees that this Note shall be deemed to have been made under and shall be governed by the laws of the State of Virginia in all respects, including matters of construction, validity and performance. If any provisions of this Note shall be deemed unenforceable under applicable law, such provision shall be ineffective, but only to the extent of such unenforceability, without invalidating the remainder of such provision or the remaining provisions of this Note. All of the terms and provisions of this Note shall be applicable to and be binding upon each and every maker, endorser, surety, guarantor, all other persons who are or may become liable for the payment hereof and their heirs, personal representatives, successors or assigns.

MAKER AND LENDER (BY ACCEPTING THIS NOTE) HEREBY MUTUALLY WAIVE TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM BROUGHT BY EITHER MAKER OR LENDER AGAINST THE OTHER AND BASED UPON, ARISING OUT OF, OR IN CONNECTION WITH, THIS NOTE, OR OTHER DOCUMENTS SECURING OR EXECUTED IN CONNECTION WITH THIS NOTE.

At any time the Maker may prepay all or any portion of the principal amount of this Note without penalty.

IN WITNESS WHEREOF, the Maker has executed this Note as of March 31, 2026.

RoboCent, Inc.

a Virginia Corporation

By: /s/ Travis Trawick

Travis Trawick, Chief Executive Officer

## Add

**Exhibit 6.13**

**PROMISSORY NOTE**

**U.S. $4,700.00** Issuance Date: April 10, 2026

The undersigned maker ("Maker") promises to pay to the order of Travis Trawick (the "Lender") the principal sum of U.S. $4,700.00.

On the two-year anniversary of the Issuance Date of this Note, all outstanding principal shall be immediately due and payable in full.

Any default by Maker in the payment of principal under this Note or the occurrence of an event of default hereunder. Venue of any litigation arising in connection with this Note shall be in Virginia Beach, Virginia.

To the extent that Lender receives any payment on account of any of Maker's obligations, and any such payment(s) or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside, subordinate and/or required to be repaid to a trustee, receiver or any other person or entity under any bankruptcy act, state or federal law, common law or equitable cause, then, to the extent of such payment(s) received, Maker's obligations or part thereof intended to be satisfied shall be revived and continue in full force and effect, as if such payment(s) had not been received by Lender and applied on account of Maker's obligations.

Maker agrees that this Note shall be deemed to have been made under and shall be governed by the laws of the State of Virginia in all respects, including matters of construction, validity and performance. If any provisions of this Note shall be deemed unenforceable under applicable law, such provision shall be ineffective, but only to the extent of such unenforceability, without invalidating the remainder of such provision or the remaining provisions of this Note. All of the terms and provisions of this Note shall be applicable to and be binding upon each and every maker, endorser, surety, guarantor, all other persons who are or may become liable for the payment hereof and their heirs, personal representatives, successors or assigns.

MAKER AND LENDER (BY ACCEPTING THIS NOTE) HEREBY MUTUALLY WAIVE TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM BROUGHT BY EITHER MAKER OR LENDER AGAINST THE OTHER AND BASED UPON, ARISING OUT OF, OR IN CONNECTION WITH, THIS NOTE, OR OTHER DOCUMENTS SECURING OR EXECUTED IN CONNECTION WITH THIS NOTE.

At any time the Maker may prepay all or any portion of the principal amount of this Note without penalty.

IN WITNESS WHEREOF, the Maker has executed this Note as of April 10, 2026.

RoboCent, Inc.

a Virginia Corporation

By: /s/ Isaac Dietrich

Isaac Dietrich, its Chief Financial Officer

## Add

**Exhibit 6.18**

**STOCK PURCHASE AGREEMENT**

This Stock Purchase Agreement ("<u>Agreement</u>") is made and entered into as of December 19, 2025, by and between FullPAC, Inc. (the "<u>Company</u>") and the purchaser named herein (the "<u>Purchaser</u>" and collectively, the "<u>Purchasers</u>"). The Company and each Purchaser are collectively referred to herein as the "<u>Parties</u>."

WITNESSETH

WHEREAS, each Purchaser desires to purchase shares of common stock of the Company, par value $0.0001 per share ("<u>Common Stock</u>"), and the Company desires to issue and sell such shares of Common Stock to each Purchaser, pursuant to Section 4(a)(2) of the Securities Act (as defined herein), and/or Rule 506 of Regulation D promulgated thereunder, on the terms and conditions set forth herein;

NOW, THEREFORE, in consideration of the mutual agreements, promises, and undertakings hereinafter set forth, the Company and each Purchaser agree as follows:

1. <u>Stock Sale and Purchase.</u>

Subject to the terms and conditions hereof, the Purchaser agrees to purchase an aggregate of $200,000.00 (the "<u>Purchase Payment</u>") shares of the Company's Common Stock (collectively, the "<u>Shares</u>") at a price per share (the "<u>Share Price</u>") of $5.00 per share, in consideration for the Company issuing to each Purchaser such number of shares of its Common Stock that equals the Purchase Payment divided by the Share Price. The Purchasers will make the Purchase Payment to Company within one (1) trading day of the date hereof.

No later than thirty (30) business days after the issuance of the Shares, the Company shall deliver to each Purchaser a book-entry statement representing the Shares. As the holder of the Shares, each Purchaser shall be entitled to all of the same rights and privileges, including, without limitation, dividends and voting rights, as other holders of the Company's Common Stock.

2. <u>Notices.</u>

Notifications in connection with this Agreement shall be given or made in accordance with the requirements below. Any notice required or permitted to be given hereunder by either party hereunder shall be in writing and may be delivered personally or by a reputable overnight delivery service, or sent by registered or certified mail, return receipt requested, postage prepaid to the addresses as set forth on the signature pages to this Agreement. Notices shall be effective upon receipt.

3. <u>Representations and Warranties of the Company.</u>

The Company hereby represents and warrants to each Purchaser that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Company has all requisite power and authority to enter into and perform this Agreement and to deliver the Shares hereunder. All corporate action on the part of Company necessary for the execution of this Agreement, for the performance of Company's obligations hereunder and for the sale of the Shares has been taken, and no further consents, licenses, permissions, authorizations, registrations or qualifications from or with any party or any governmental entity are necessary for the Company to execute this Agreement, perform its obligations hereunder and deliver the Shares to each Purchaser. This Agreement is duly executed and delivered by the Company and constitutes a legal, valid, and binding obligation of the Company, enforceable against the Company in accordance with its terms; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Shares as delivered to each Purchaser shall be duly and validly issued, fully paid and non-assessable, and free of all liens and encumbrances.

4. <u>Representations and Warranties of the Purchasers.</u>

Each Purchaser hereby represents and warrants to the Company that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Each Purchaser is an "accredited investor" as defined in Rule 501(a) under the Securities Act of 1933 (the "Act"), and has all requisite power and authority to enter into and perform this Agreement. All corporate action on the part of each Purchaser necessary for the execution of this Agreement, for the performance of each Purchaser's obligations hereunder and for the purchase of the Shares has been taken, and no further consents, licenses, permissions, authorizations, registrations, or qualifications from or with any party or any governmental entity are necessary for each Purchaser to execute this Agreement and perform its obligations hereunder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Each Purchaser is acquiring the Shares as principal for its own account and has no direct or indirect arrangement or understandings with any other persons to distribute or regarding the distribution of such Shares (this representation and warranty not limiting the Purchaser's right to sell the Shares pursuant to an effective resale registration statement (the "Registration Statement") or otherwise in compliance with applicable federal and state securities laws). Each Purchaser understands that the Shares are "restricted securities" and have not been registered under the Act or any applicable state securities law and is acquiring such Shares as principal for his, her or its own account and not with a view to or for distributing or reselling such Shares or any part thereof in violation of the Securities Act or any applicable state securities law, has no present intention of distributing any of such Shares in violation of the Securities Act or any applicable state securities law and has no direct or indirect arrangement or understandings with any other persons to distribute or regarding the distribution of such Shares in violation of the Securities Act or any applicable state securities law (this representation and warranty not limiting each Purchaser's right to sell such Shares pursuant to the Registration Statement or otherwise in compliance with applicable federal and state securities laws). Each Purchaser is acquiring the Shares hereunder in the ordinary course of its business.

Each Purchaser further understands that the certificates evidencing the Shares purchased by it will contain the following legend:

NEITHER THIS SECURITY NOR THE SECURITIES INTO WHICH THIS SECURITY IS EXERCISABLE HAS BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS. THIS SECURITY AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS SECURITY MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT WITH A REGISTERED BROKER-DEALER OR OTHER LOAN WITH A FINANCIAL INSTITUTION THAT IS AN "ACCREDITED INVESTOR" AS DEFINED IN RULE 501(a) UNDER THE SECURITIES ACT OR OTHER LOAN SECURED BY SUCH SECURITIES.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Each Purchaser understands that an investment in the Shares is a speculative investment which involves a high degree of risk and the potential loss of its entire investment, and further represents that it has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risk of this investment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Each Purchaser is not purchasing the Shares as a result of any advertisement, article, notice or other communication regarding the Shares published in any newspaper, magazine or similar media or broadcast over television or radio or presented at any seminar or, to the knowledge of each Purchaser, any other general solicitation or general advertisement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Each Purchaser acknowledges that it has had the opportunity to review this Agreement and has been afforded, (i) the opportunity to ask such questions as it has deemed necessary of, and to receive answers from, representatives of the Company concerning the terms and conditions of the offering of the Shares and the merits and risks of investing in the Shares; (ii) access to information about the Company and its financial condition, results of operations, business, properties, management and prospects sufficient to enable it to evaluate its investment; and (iii) the opportunity to obtain such additional information that the Company possesses or can acquire without unreasonable effort or expense that is necessary to make an informed investment decision with respect to the investment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) Each Purchaser agrees and covenants that at any time and from time to time it will promptly execute and deliver to the Company such further instruments and documents and take such further action as the Company may reasonably require in order to carry out the full intent and purpose of this Agreement and to comply with state or federal securities laws or other regulatory approvals; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) This Agreement is duly executed and delivered by each Purchaser and constitutes a legal, valid, and binding obligation of each Purchaser, enforceable against each Purchaser in accordance with its terms.

5. <u>Registration Statement.</u>

As soon as practicable, the Company shall file a registration statement on Form S-1 (or other appropriate form if the Company is not then S-1 eligible) providing for the resale by the Purchasers of the Shares. The Company shall use commercially reasonable efforts to cause such registration statement to become effective as soon as reasonably practicable.

6. <u>Survival.</u>

The representations and warranties set forth in Section 3 and 4 hereof shall survive for two (2) years and one (1) day after the date hereof.

7. <u>Indemnification.</u>

The Company on one hand and each Purchaser on the other hand each indemnify and hold harmless the other and its officers, directors, employees and agents, if any (the "Indemnitee(s)") from and against all costs, losses, liabilities, damages, claims, expenses of any nature (including reasonable attorneys' fees and disbursements), judgments, fines, settlements, and any other amounts arising from any and all claims, demands, or proceedings incurred or accrued by an Indemnitee as a result of a breach by the indemnifying party of its representations, warranties or obligations under this Agreement. The indemnification provided by this Section 6 shall be in addition to any other rights to which the Indemnitee(s) may be entitled under any agreement, as a matter of law or equity or otherwise, and shall inure to the benefit of the heirs, successors, assigns and administrators of the Indemnitee(s). Subject to the foregoing sentence, the provisions of this Section 6 are for the benefit of the Indemnitee(s) and shall not be deemed to create any rights for the benefit of any other persons.

8. <u>General Provisions.</u>

This Agreement is intended to set forth the full and complete understanding of the parties. This Agreement shall be governed by and interpreted in accordance with the laws of the State of New York.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date hereof.

---

| | | |
|:---|:---|:---|
| **PURCHASER** | **FULLPAC, INC.** | **FULLPAC, INC.** |
| By: | By: |  |
| Name: | Name: | Travis Trawick |
| Title: | Title: | Chief Executive Officer |
| **Address for Notices:** | **Address for Notices:** | **Address for Notices:** |
|  | 1206 Laskin Road, Suite 201-o | 1206 Laskin Road, Suite 201-o |
|  | Virginia Beach, Virginia 23451 | Virginia Beach, Virginia 23451 |

---

## Add

**Exhibit 6.19**

**STOCK PURCHASE AGREEMENT**

This Stock Purchase Agreement ("<u>Agreement</u>") is made and entered into as of January 6, 2026, by and between FullPAC, Inc. (the "<u>Company</u>") and the purchaser named herein (the "<u>Purchaser</u>" and collectively, the "<u>Purchasers</u>"). The Company and each Purchaser are collectively referred to herein as the "<u>Parties</u>."

WITNESSETH

WHEREAS, each Purchaser desires to purchase shares of common stock of the Company, par value $0.0001 per share ("<u>Common Stock</u>"), and the Company desires to issue and sell such shares of Common Stock to each Purchaser, pursuant to Section 4(a)(2) of the Securities Act (as defined herein), and/or Rule 506 of Regulation D promulgated thereunder, on the terms and conditions set forth herein;

NOW, THEREFORE, in consideration of the mutual agreements, promises, and undertakings hereinafter set forth, the Company and each Purchaser agree as follows:

1. <u>Stock Sale and Purchase.</u>

Subject to the terms and conditions hereof, the Purchaser agrees to purchase an aggregate of $800,000.00 (the "<u>Purchase Payment</u>") shares of the Company's Common Stock (collectively, the "<u>Shares</u>") at a price per share (the "<u>Share Price</u>") of $5.00 per share, in consideration for the Company issuing to each Purchaser such number of shares of its Common Stock that equals the Purchase Payment divided by the Share Price. The Purchasers will make the Purchase Payment to Company within one (1) trading day of the date hereof.

No later than thirty (30) business days after the issuance of the Shares, the Company shall deliver to each Purchaser a book-entry statement representing the Shares. As the holder of the Shares, each Purchaser shall be entitled to all of the same rights and privileges, including, without limitation, dividends and voting rights, as other holders of the Company's Common Stock.

2. <u>Notices.</u>

Notifications in connection with this Agreement shall be given or made in accordance with the requirements below. Any notice required or permitted to be given hereunder by either party hereunder shall be in writing and may be delivered personally or by a reputable overnight delivery service, or sent by registered or certified mail, return receipt requested, postage prepaid to the addresses as set forth on the signature pages to this Agreement. Notices shall be effective upon receipt.

3. <u>Representations and Warranties of the Company.</u>

The Company hereby represents and warrants to each Purchaser that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Company has all requisite power and authority to enter into and perform this Agreement and to deliver the Shares hereunder. All corporate action on the part of Company necessary for the execution of this Agreement, for the performance of Company's obligations hereunder and for the sale of the Shares has been taken, and no further consents, licenses, permissions, authorizations, registrations or qualifications from or with any party or any governmental entity are necessary for the Company to execute this Agreement, perform its obligations hereunder and deliver the Shares to each Purchaser. This Agreement is duly executed and delivered by the Company and constitutes a legal, valid, and binding obligation of the Company, enforceable against the Company in accordance with its terms; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Shares as delivered to each Purchaser shall be duly and validly issued, fully paid and non-assessable, and free of all liens and encumbrances.

4. <u>Representations and Warranties of the Purchasers.</u>

Each Purchaser hereby represents and warrants to the Company that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Each Purchaser is an "accredited investor" as defined in Rule 501(a) under the Securities Act of 1933 (the "Act"), and has all requisite power and authority to enter into and perform this Agreement. All corporate action on the part of each Purchaser necessary for the execution of this Agreement, for the performance of each Purchaser's obligations hereunder and for the purchase of the Shares has been taken, and no further consents, licenses, permissions, authorizations, registrations, or qualifications from or with any party or any governmental entity are necessary for each Purchaser to execute this Agreement and perform its obligations hereunder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Each Purchaser is acquiring the Shares as principal for its own account and has no direct or indirect arrangement or understandings with any other persons to distribute or regarding the distribution of such Shares (this representation and warranty not limiting the Purchaser's right to sell the Shares pursuant to an effective resale registration statement (the "Registration Statement") or otherwise in compliance with applicable federal and state securities laws). Each Purchaser understands that the Shares are "restricted securities" and have not been registered under the Act or any applicable state securities law and is acquiring such Shares as principal for his, her or its own account and not with a view to or for distributing or reselling such Shares or any part thereof in violation of the Securities Act or any applicable state securities law, has no present intention of distributing any of such Shares in violation of the Securities Act or any applicable state securities law and has no direct or indirect arrangement or understandings with any other persons to distribute or regarding the distribution of such Shares in violation of the Securities Act or any applicable state securities law (this representation and warranty not limiting each Purchaser's right to sell such Shares pursuant to the Registration Statement or otherwise in compliance with applicable federal and state securities laws). Each Purchaser is acquiring the Shares hereunder in the ordinary course of its business.

Each Purchaser further understands that the certificates evidencing the Shares purchased by it will contain the following legend:

NEITHER THIS SECURITY NOR THE SECURITIES INTO WHICH THIS SECURITY IS EXERCISABLE HAS BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS. THIS SECURITY AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS SECURITY MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT WITH A REGISTERED BROKER-DEALER OR OTHER LOAN WITH A FINANCIAL INSTITUTION THAT IS AN "ACCREDITED INVESTOR" AS DEFINED IN RULE 501(a) UNDER THE SECURITIES ACT OR OTHER LOAN SECURED BY SUCH SECURITIES.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Each Purchaser understands that an investment in the Shares is a speculative investment which involves a high degree of risk and the potential loss of its entire investment, and further represents that it has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risk of this investment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Each Purchaser is not purchasing the Shares as a result of any advertisement, article, notice or other communication regarding the Shares published in any newspaper, magazine or similar media or broadcast over television or radio or presented at any seminar or, to the knowledge of each Purchaser, any other general solicitation or general advertisement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Each Purchaser acknowledges that it has had the opportunity to review this Agreement and has been afforded, (i) the opportunity to ask such questions as it has deemed necessary of, and to receive answers from, representatives of the Company concerning the terms and conditions of the offering of the Shares and the merits and risks of investing in the Shares; (ii) access to information about the Company and its financial condition, results of operations, business, properties, management and prospects sufficient to enable it to evaluate its investment; and (iii) the opportunity to obtain such additional information that the Company possesses or can acquire without unreasonable effort or expense that is necessary to make an informed investment decision with respect to the investment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) Each Purchaser agrees and covenants that at any time and from time to time it will promptly execute and deliver to the Company such further instruments and documents and take such further action as the Company may reasonably require in order to carry out the full intent and purpose of this Agreement and to comply with state or federal securities laws or other regulatory approvals; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) This Agreement is duly executed and delivered by each Purchaser and constitutes a legal, valid, and binding obligation of each Purchaser, enforceable against each Purchaser in accordance with its terms.

5. <u>Registration Statement.</u>

As soon as practicable, the Company shall file a registration statement on Form S-1 (or other appropriate form if the Company is not then S-1 eligible) providing for the resale by the Purchasers of the Shares. The Company shall use commercially reasonable efforts to cause such registration statement to become effective as soon as reasonably practicable.

6. <u>Survival.</u>

The representations and warranties set forth in Section 3 and 4 hereof shall survive for two (2) years and one (1) day after the date hereof.

7. <u>Indemnification.</u>

The Company on one hand and each Purchaser on the other hand each indemnify and hold harmless the other and its officers, directors, employees and agents, if any (the "Indemnitee(s)") from and against all costs, losses, liabilities, damages, claims, expenses of any nature (including reasonable attorneys' fees and disbursements), judgments, fines, settlements, and any other amounts arising from any and all claims, demands, or proceedings incurred or accrued by an Indemnitee as a result of a breach by the indemnifying party of its representations, warranties or obligations under this Agreement. The indemnification provided by this Section 6 shall be in addition to any other rights to which the Indemnitee(s) may be entitled under any agreement, as a matter of law or equity or otherwise, and shall inure to the benefit of the heirs, successors, assigns and administrators of the Indemnitee(s). Subject to the foregoing sentence, the provisions of this Section 6 are for the benefit of the Indemnitee(s) and shall not be deemed to create any rights for the benefit of any other persons.

8. <u>General Provisions.</u>

This Agreement is intended to set forth the full and complete understanding of the parties. This Agreement shall be governed by and interpreted in accordance with the laws of the State of New York.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date hereof.

---

| | | |
|:---|:---|:---|
| **PURCHASER** | **FULLPAC, INC.** | **FULLPAC, INC.** |
| By: | By: |  |
| Name: | Name: | Travis Trawick |
| Title: | Title: | Chief Executive Officer |
| **Address for Notices:** | **Address for Notices:** | **Address for Notices:** |
|  | 1206 Laskin Road, Suite 201-o | 1206 Laskin Road, Suite 201-o |
|  | Virginia Beach, Virginia 23451 | Virginia Beach, Virginia 23451 |

---

## Add

**Exhibit 6.21**

**Account: #67369194**

**FullPAC, Inc. DBA RoboCent**

**Business Line of Credit Supplement**

*This Business Line of Credit Agreement Supplement is part of (and incorporated by reference into) the Business Line of Credit Agreement. Borrower should keep this important legal document for Borrower's records.*

---

| | |
|:---|:---|
| **YOUR LINE OF CREDIT DETAILS** | **YOUR LINE OF CREDIT DETAILS** |
| **Borrower:** | FullPAC, Inc. DBA RoboCent |
| **Lender:** | Headway Capital, LLC |
| **Guarantor(s):** | Travis Trawick |
| **Initial Credit Limit: (See Additional Disclosures section below)** | $100000.00 |
| **Initial Applicable APR: (See Additional Disclosures section below)** | 75.05% |
| **Initial Applicable Amortization Period: (See Additional Disclosures section below)** | 18 monthly Payments |
| **Minimum Advance Amount: (See Additional Disclosures section below)** | $500 |
| **FEES** | **FEES** |
| **Fees:** | Advance Fee: 2.00% of Advance Late Payment Fee: 5% of Minimum Monthly Payment |

---

---

| | |
|:---|:---|
| **ADDITIONAL DISCLOSURES** | **ADDITIONAL DISCLOSURES** |
| **Credit Limit is Subject to Change** | The initial Credit Limit may be changed by Lender. See "Credit Limit" definition in Section 2 of your Business Line of Credit Agreement. |
| **Applicable APR is Subject to Change** | The initial Applicable APR may be changed by Lender. See "Applicable APR" definition in Section 2 of your Business Line of Credit Agreement. |
| **Advance Fee is Subject to Change** | The Advance Fee may be changed by Lender. See "Advance Fee" definition in Section 2 of your Business Line of Credit Agreement. |

---

---

| | |
|:---|:---|
| **Applicable Amortization Period is Subject to Change and Payment Schedule is Re-Set whenever an Advance is taken on your Line of Credit** | The initial Applicable Amortization Period may be changed by Lender. See "Applicable Amortization Period" definition in Section 2 of your Business Line of Credit Agreement. The Payment Schedule for the entire outstanding balance owed to Lender is re-set every time you take an Advance on your Line of Credit. See Section 11 of your Business Line of Credit Agreement. |

---

---

| | |
|:---|:---|
| **Minimum Advance Amount is Subject to Change** | The initial Minimum Advance Amount may be changed by Lender. See Section 8 of your Business Line of Credit Agreement. Depending on the state where you are located, you may be required to take an initial Advance amount that is higher than the Minimum Advance Amount when you execute your Business Line of Credit Agreement. |
| **Early Prepayment** | Borrower may prepay any amounts owed under the Line of Credit. Note that Advances under your Line of Credit accrue interest daily in an amount equal to the Daily Interest Charge. Accordingly, beginning with the first interest accrual day that follows the application of your prepayment, you will no longer accrue interest on the portion of such prepayment allocated to principal in accordance with the terms of your Line of Credit. See "Daily Interest Charge" definition in Section 2, and also Sections 11 and 17 of your Business Line of Credit Agreement. |
| **Loan For Specific Purposes Only** | The proceeds of the requested Line of Credit may solely be used for the specific purposes as set forth in the Use of Proceeds Certification of the Business Line of Credit Agreement. IN ADDITION, THE LINE OF CREDIT WILL NOT BE USED FOR PERSONAL, FAMILY OR HOUSEHOLD PURPOSES. Borrower understands that Borrower's agreement not to use the Line of Credit proceeds for personal, family or household purposes means that certain important duties imposed upon entities making loans for consumer/personal purposes, and certain important rights conferred upon consumers, pursuant to federal or state law will not apply to this transaction. |

---

If you have any questions, please call us at 1.866.698.8494 (we have support available Monday – Friday 8am – 5pm CST) or email support@headwaycapital.com

**Business Line of Credit and Security Agreement**

1. **<u>INTRODUCTION</u>**. This Business Line of Credit Agreement (together with the accompanying Business Line of Credit Agreement Supplement and the accompanying Authorization Agreement for Direct Deposits (ACH Credits) and Direct Payments (ACH Debits), the "Agreement") governs your revolving business line of credit and any and all Advances (as defined below) hereunder (together, the "Line of Credit") from Headway Capital, LLC and your use of the password protected dedicated online account ("Online Account") in connection with the Line of Credit. Please read it and keep it for your reference. In this Agreement, the words "you," "your" and "Borrower" mean the Borrower identified on the signature page of this Business Line of Credit Agreement. Each Guarantor identified on the signature page of this Business Line of Credit Agreement shall be referred to individually as "Guarantor" and collectively as "Guarantors" in this Agreement. The words "Headway", "Lender", "we", "us", and "our" mean Headway Capital, LLC, any servicing agent of Headway Capital, LLC, or its successor(s) and assign(s).

2. **<u>CERTAIN DEFINITIONS</u>**. For purposes of this Agreement, the term:

<u>"Advance"</u> shall have the meaning set forth in Section 8. An Advance may also be called a "Draw."

<u>"Advance Fee"</u> means the fee charged at the time you obtain an advance as a percentage of the Advance amount requested. The initial Advance Fee is disclosed in the accompanying Business Line of Credit Agreement Supplement. Lender may increase or decrease the amount of the Advance Fee without prior notice to Borrower or Guarantor. Any change to the Advance Fee will be disclosed to you in your Online Account at the time you request any Advance. By requesting an Advance, you agree to the Advance Fee disclosed at the time you make that request. The Advance Fee may also be called the "Draw Fee."

<u>"Advance Request"</u> shall have the meaning set forth in Section 9.

<u>"Applicable Amortization Period"</u> means, as of any date of determination, the number of weeks or months then identified as the Applicable Amortization Period in the Online Account; it being acknowledged and agreed that (x) the initial Applicable Amortization Period shall be the period set forth on the accompanying Business Line of Credit Agreement Supplement, (y) the initial Applicable Amortization Period and/or any subsequent Applicable Amortization Period may be increased or decreased by the mutual agreement of Lender and Borrower (it being acknowledged and agreed that Borrower's agreement may be reflected by it making a request for such increase or decrease in the Online Account) or pursuant to Section 12 of this Agreement, and (z) any such increase or decrease shall in no way affect Borrower's obligation to pay any amounts owed by Borrower hereunder;

<u>"Applicable APR"</u> means, as of any date of determination, the rate then identified as the Applicable APR in the Online Account; it being acknowledged and agreed that (x) the initial Applicable APR shall equal the amount set forth on the accompanying Business Line of Credit Agreement Supplement, (y) the initial Applicable APR and/or any subsequent Applicable APR may be increased or decreased by Lender in any amount and at any time, without penalty, in Lender's sole and absolute discretion, provided that Lender shall reflect such change in the Online Account and any such change shall only become effective as of the immediately succeeding Advance Request and shall remain effective until any subsequent increase or decrease hereunder, and (z) any such increase or decrease shall in no way affect Borrower's obligation to pay any amounts owed by Borrower hereunder;

<u>"Available Advance Amount"</u> means, as of any date of determination, an amount equal to (1) the Credit Limit, minus (2) the Total Outstanding Principal Amount, minus (3) outstanding Advance Request amounts, if any, and, at Lender's sole and absolute discretion, minus (4) a reserve amount set by Lender to ensure recent principal payments initiated by Borrower have finally been received by Lender;

<u>"Credit Limit"</u> means, as of any date of determination, the amount then identified as the Credit Limit in the Online Account; it being acknowledged and agreed that (x) the initial Credit Limit shall equal the amount set forth on the accompanying Business Line of Credit Agreement Supplement, (y) the initial Credit Limit and/or any subsequent Credit Limit may be increased or decreased by Lender in any amount and at any time, without penalty, in Lender's sole and absolute discretion, and (z) any such increase or decrease shall in no way affect Borrower's obligation to pay any amounts owed by Borrower hereunder;

<u>"Daily Periodic Rate"</u> means the daily interest rate applied to the Total Outstanding Principal Amount. The Daily Periodic Rate does not include the Advance Fee.

<u>"Monthly Periodic Rate"</u> means the monthly interest rate applied to the Total Outstanding Principal Amount. The Monthly Periodic Rate does not include the Advance Fee.

<u>"Daily Interest Charge"</u> means, as of any date of determination, an amount equal to the product of (x) the Daily Periodic Rate; and (y) Total Outstanding Principal Amount as of such date immediately prior to any application and allocation of principal in connection with any payment, if any, made by Borrower on such date, as set forth on the Lender's books and records;

<u>"Obligations"</u> means, with respect to Borrower, all obligations to perform acts and refrain from taking action hereunder, including, without limitation, obligations to pay all amounts owed hereunder including, without limitation, all principal, interest, and other fees and expenses;

<u>"Payment Schedule"</u> shall have the meaning set forth in Section 11;

<u>"Periodic Payment Amount"</u> shall have the meaning set forth in Section 11;

<u>"Scheduled Payment Date"</u> means, the day of each month then identified as the Scheduled Payment Day in the Online Account (or, if such day is not a Business Day, the immediately preceding or succeeding Business Day, solely at the discretion of Lender); it being acknowledged and agreed that (a) the Scheduled Payment Date can be changed by Lender to a different day of each calendar week or month, without penalty, in Lender's sole and absolute discretion, (b) Lender can give notice of any such change to the Scheduled Payment Date by posting such Notice in the Online Account, by sending an e-mail to Borrower using the Borrower's e-mail address on file with the Lender, or by any other method described in Section 48 of this Agreement, and (c) any such change shall in no way affect Borrower's obligation to pay any amounts owed by Borrower hereunder;

<u>"Total Outstanding Principal Amount"</u> means, as of any date of determination, the aggregate outstanding principal balance of all Advances hereunder as set forth on the Lender's books and records, including any Advance Fee(s) added to the aggregate outstanding principal balance; and

<u>"Unpaid Interest Outstanding"</u> means, as of any date of determination, the aggregate amount of accrued and unpaid interest as set forth on the Lender's books and records.

3. **<u>EFFECTIVE DATE</u>**. This Agreement begins on the date we accept this Agreement in Utah. Borrower understands and agrees that Lender may postpone, without penalty, the disbursement of amounts to Borrower under the Line of Credit (including, for the avoidance of doubt, any and all Advances) until Lender has received all required personal guarantees, the accompanying Authorization Agreement for Direct Deposit (ACH Credit) and Direct Payments (ACH Debits), or other documentation.

4. **<u>AUTHORIZATION</u>**. Borrower agrees that the Line of Credit (including, for the avoidance of doubt, any and all Advances) made by Lender to Borrower and any and all Advance Requests (as defined below) shall be conclusively deemed to have been authorized by Borrower and to have been made pursuant to duly authorized requests on its behalf.

5. **<u>ACCESS TO ONLINE ACCOUNT</u>**. When Borrower signs in to its Online Account with Borrower's valid username and password at a specified section of Headwaycapital.com, Borrower can obtain information about Borrower's Line of Credit, make an Advance Request as provided for herein and perform such other actions made available by Lender from time to time. No additional paper statement will be mailed to Borrower. Borrower agrees not to share Borrower's username and password to Borrower's Online Account with any third party. Borrower must promptly report any unauthorized use of Borrower's Online Account to Lender by telephone at (866) 698-8494 or by email.

6. **<u>LINE OF CREDIT FOR SPECIFIC PURPOSES ONLY</u>**. The proceeds of the Line of Credit (including, for the avoidance of doubt, any and all Advances) may solely be used for the specific purposes as set forth in the Use of Proceeds Certification contained in Section 58 below, and not for any other purposes. In addition, the Line of Credit (including, for the avoidance of doubt, any and all Advances) will not be used for personal, family or household purposes, and Borrower and Guarantors are forever estopped from taking the position that such Loan (including Advances) are or were used for such personal, family or household purposes. Borrower understands that Borrower's agreement not to use the proceeds of the Line of Credit (including, for the avoidance of doubt, any and all Advances) for personal, family or household purposes means that certain important duties imposed upon entities making loans for personal, family or household purposes, and certain important rights conferred upon such persons, pursuant to federal or state law will not apply to the Line of Credit (including, for the avoidance of doubt, any and all Advances), the Online Account or this Agreement. Borrower also understands that Lender will be unable to confirm whether the use of the Line of Credit (including, for the avoidance of doubt, any and all Advances) conforms to this section. Borrower agrees that a breach by Borrower of the provisions of this section will not affect Lender's right to (i) enforce Borrower's promise to pay for all amounts owed under this Agreement, regardless of the purpose for which the Line of Credit (including, for the avoidance of doubt, any and all Advances) is in fact obtained or used or (ii) use any remedy legally available to Lender, even if that remedy would not have been available had the Line of Credit (including, for the avoidance of doubt, any and all Advances) been made for personal, family or household purposes.

7. **<u>MAINTENANCE OF BORROWER'S BANK ACCOUNT</u>**. Borrower agrees to maintain funds in the Designated Checking Account (as defined in the accompanying Authorization Agreement for Direct Deposits (ACH Credits) and Direct Payments (ACH Debits)) in amounts that are sufficient to enable the processing of any payment that Borrower is obligated to pay Lender pursuant to this Agreement. The Borrower represents and warrants that the Designated Checking Account is the originating account and is the account that was reviewed in conjunction with underwriting and approval of this Line of Credit. Borrower shall keep the Designated Checking Account open until the Total Outstanding Principal Amount, the Unpaid Interest Outstanding, and any and all other amounts owed hereunder have been paid to Lender in full and no further Advances are to be made hereunder.

8. **<u>ADVANCES</u>**. Subject to the terms and conditions hereunder, the Lender may in its sole and absolute discretion make an advance to the Borrower under the Line of Credit following its receipt of an Advance Request (as defined below) by disbursing proceeds from time to time to the Borrower in the manner set forth herein (each an "Advance" and, collectively, "Advances"). Borrower acknowledges and agrees that the Lender shall not be required to, and the Borrower shall not request the Lender to, make an Advance (i) in an amount that is less than certain minimum advance amounts established by Lender in its sole and absolute discretion from time to time, (ii) in an amount that exceeds the Available Advance Amount as of such date, or (iii) if any portion of a due and payable Periodic Payment Amount remains unpaid. In the event that Lender has made an Advance in an amount that exceeds the Available Advance Amount as of the date of such Advance, Borrower agrees (x) at Lender's request, to immediately repay the amount of such excess; and (y) that any such excess will not be deemed to constitute an increase in the Credit Limit hereunder.

9. **<u>ADVANCE REQUESTS</u>**. The Borrower may request an Advance ("Advance Request") by (i) accessing the Online Account and completing the steps delineated therein for the online submission of an Advance Request or (ii) using any other method that Lender may in its sole and absolute discretion make available to Borrower from time to time, provided that, in each case the Advance amount being requested shall be in an amount (x) equal to or greater than certain minimum advance amounts established by Lender in its sole and absolute discretion from time to time, and (y) not to exceed the Available Advance Amount as of such date. Following Lender's approval of an Advance Request (which shall be in Lender's sole and absolute discretion) and satisfaction of the applicable conditions set forth in this Agreement, Lender will make an Advance to Borrower by disbursing the related proceeds (less any applicable fees) by making an ACH credit or wire transfer to the Designated Checking Account. Borrower expressly acknowledges that, due to transaction processing, proceeds from any Advance disbursement may take up to two (2) business days following Lender's approval of the related Advance Request to be actually received by the Borrower.

10. **<u>CONDITIONS OF WILLINGNESS TO CONSIDER LENDING</u>**. Lender, in its sole and absolute discretion, may decide not to approve an Advance Request or suspend Borrower's ability to make an Advance Request for any reason including, without limitation, if on the date of such Advance Request, (i) Borrower's representations and warranties set forth in this Agreement are untrue or incorrect on the date of such Advance Request and/or an earlier date contemplated by such representation or warranty; (ii) an event has occurred that constitutes an Event of Default hereunder or which, with notice or the passage of time or both, would constitute an Event of Default hereunder, (iii) any portion of a due and payable Periodic Payment Amount remains unpaid; or (iv) the amount of the Advance being requested by Borrower pursuant to such Advance Request exceeds the Available Advance Amount.

11. **<u>INTEREST ON ADVANCES; PAYMENT SCHEDULE</u>**. Advances shall accrue interest daily in an amount equal to the Daily Interest Charge and shall be payable in arrears on each Scheduled Payment Date and upon any prepayment of Borrower's Line of Credit, whether in whole or in part, voluntarily or mandatory. Interest payable shall be computed on the basis of a 365.25 day year, in each case for the actual number of days elapsed in the period during which it accrues. Principal and interest on the Advances and other amounts owed hereunder shall be regularly paid by the Borrower in accordance with the payment schedule contemplated in this Section 11 (the "Payment Schedule"). The Payment Schedule will be set (and re-set in connection with each Advance made hereunder) by Lender in the following manner: In connection with each Advance made by Lender to Borrower hereunder, Lender will compute the periodic payment amounts (each a "Periodic Payment Amount") that would cause the Lender to be repaid in full the Total Outstanding Principal Amount, any Advance Fee, and the aggregate interest amount (calculated based on the Applicable APR) that would accrue over the course of the Applicable Amortization Period assuming equal periodic payment amounts each week or calendar month (it being understood that, depending on the day of the week or calendar month on which the related Advance is made by Lender to Borrower, the Periodic Payment Amount that will apply solely with respect to the final scheduled payment of the Payment Schedule may reflect an increase to or decrease from the equal Periodic Payment Amounts applicable with respect to each of the earlier scheduled payments under such Payment Schedule). For the avoidance of doubt, Lender shall make the foregoing computation in connection with each Advance made by Lender and the most recent of such computations shall be used for all purposes hereunder. On each Scheduled Payment Date, Borrower shall make a payment in an amount equal to the sum of the applicable Periodic Payment Amount and all other amounts owed hereunder, if any (including by way of Lender's initiation of ACH debit entries to the Designated Checking Account, it being understood that the Lender is authorized, but not required, to (i) initiate ACH debit entries to the Designated Checking Account on any Scheduled Payment Date and (ii) if initiated, to initiate in an amount equal to or less than the sum of the applicable Periodic Payment Amount and all other amounts owed hereunder. Borrower acknowledges and agrees that should Lender fail to receive any portion of the foregoing payment amount on any Schedule Payment Date, the Lender is authorized, but not required, to initiate ACH debit entries to the Designated Checking Account on any subsequent business day until such payment amount and any and all other amounts owed hereunder, in each case as set forth in the Lender's books and records are paid in full.

12. **<u>MODIFICATION OF PAYMENT SCHEDULE</u>**. Borrower and Guarantor agree that Lender may modify the Payment Schedule ("Modified Payment Schedule") by modifying the amount of each payment, the total number of payments, and/or the Applicable Amortization Period without prior consent from Borrower or Guarantor, so long as the modification does not increase the total Periodic Payment Amount identified in Section 11. Lender will notify Borrower of any such modification of the Payment Schedule by providing notice pursuant to the provisions of Section 48 of this Agreement. In the event of a modification of the Payment Schedule under this Section, all other terms of this Agreement shall remain unchanged. Borrower and Guarantor agree that any modification of the Payment Schedule under this Section shall not affect Borrower's or Guarantor's obligations under this Agreement.

13. **<u>PROMISE TO PAY</u>**. Borrower agrees to make to Lender each of the payments contemplated by Sections 11 and 12 in the manner contemplated thereby. Borrower agrees to pay Lender the principal balance of all Advances hereunder, all interest owed hereunder, and any and all other charges and/or other sums imposed by Lender in accordance with the terms of this Agreement. Borrower agrees to enroll in Lender's Automatic Payment Plan and authorizes Lender to collect required payments hereunder as provided in the accompanying Authorization Agreement for Direct Deposits (ACH Credits) and Direct Payments (ACH Debits). If required by Lender, Borrower further agrees and authorizes Lender or its servicer to collect required payments from a transfer account established pursuant to certain Transfer Online Account Line of Credit Documentation that will be provided by Lender in connection with this Agreement if applicable.

14. **<u>ALTERNATIVE PAYMENT METHODS</u>**. If Borrower knows that for any reason Lender will be unable to process a payment under Lender's Automatic Payment Plan, then Borrower must either restore sufficient funds such that the missed payment can be collected as provided in the accompanying Authorization Agreement for Direct Deposits (ACH Credits), or promptly mail or deliver a check payable to Headway Capital, LLC in the amount of the missed payment or, if offered, make the missed payment by any pay-by-phone or online service that Lender may make available from time to time. If Borrower elects to send payments on Borrower's Line of Credit by postal mail, then Borrower agrees to send such payments to Headway Capital, 4700 W. Daybreak Pkwy., Suite 200, South Jordan, UT 84009 Attn: Director of Operations. All alternative payments must be made in good funds by check, money order, wire transfer, automatic transfer from an account at an institution offering such service, or other instrument in U.S. Dollars. Borrower understands and agrees that payments made at any other address than as specified by Lender may result in a delay in processing and/or crediting. If Borrower makes an alternative payment on Borrower's Line of Credit by mail or by any pay-by-phone or online service that Lender makes available while Borrower is enrolled in the Automatic Payment Plan, Lender may treat such payment as an additional payment and continue to process Borrower's scheduled Automatic Payment Plan payments or may reduce any scheduled Automatic Payment Plan payment by the amount of any such additional payment received.

15. **<u>APPLICATION OF PAYMENTS</u>**. Subject to applicable law, Lender reserves the right to allocate and apply payments actually received on Borrower's Line of Credit between principal, interest, fees and other amounts owed hereunder in any manner Lender chooses in Lender's sole discretion; it being understood that the Lender will generally allocate and apply payments in the following sequential order: (i) past due amounts; (ii) unpaid fees and/or charges owed hereunder; (iii) Unpaid Interest Outstanding; and (iv) the Total Outstanding Principal Amount; it being further understood that the order of application of payments may vary based on the state where Borrower is located.

16. **<u>POST-DATED CHECKS, RESTRICTED ENDORSEMENT CHECKS AND OTHER DISPUTED OR QUALIFIED PAYMENTS</u>**. Lender can accept late, postdated or partial payments without losing any of Lender's rights under this Agreement (a postdated check is a check dated later than the day it was actually presented for payment). Lender is under no obligation to hold a postdated check and Lender reserves the right to process every item presented as if dated the same date received by Lender or Lender's check processor unless Borrower gives Lender adequate notice and a reasonable opportunity to act on it. Except where such notice and opportunity is given, Borrower may not hold Lender liable for depositing any postdated check. Borrower agrees not to send Lender partial payments marked "paid in full", "without recourse," or similar language. If Borrower sends such a payment, Lender may accept it without losing any of Lender's rights under this Agreement. All notices and written communications concerning postdated checks, restricted endorsement checks (including any check or other payment instrument that indicates that the payment constitutes "payment in full" of the amount owed or that is tendered with other conditions or limitations or as full satisfaction of a disputed amount) or any other disputed, nonconforming or qualified payments, must be mailed or delivered to Headway Capital, LLC, Client Service, 4700 W. Daybreak Pkwy., Suite 200, South Jordan, UT 84009, Attn: Director of Operations.

17. **<u>PREPAYMENT</u>**. Borrower may prepay Borrower's Line of Credit in whole on any Business day by paying Lender the sum total of the Total Outstanding Principal Amount, the Unpaid Interest Outstanding, and any and all other amounts owed hereunder, in each case as set forth in the Lender's books and records. Borrower may prepay Borrower's Line of Credit in part on any Business Day and such payment shall be applied by Lender in accordance with Section 15.

18. **<u>SECURITY INTEREST</u>**. Borrower hereby grants to Lender, the secured party hereunder, a continuing security interest in and to any and all "Collateral" as described below to secure payment and performance of all debts, liabilities and obligations of Borrower to Lender hereunder and also any and all other debts, liabilities and obligations of Borrower to Lender of every kind and description, direct or indirect, absolute or contingent, primary or secondary, due or to become due, now existing or hereafter arising, related to the Line of Credit described in this Agreement, whether or not contemplated by the parties at the time of the granting of this security interest, regardless of how they arise or by what agreement or instrument they may be evidenced or whether evidenced by any agreement or instrument, and includes obligations to perform acts and refrain from taking action as well as obligations to pay money including, without limitation, all interest, other fees and expenses (all hereinafter called "Obligations"). The Collateral includes the following property that Borrower now owns or shall acquire or create immediately upon the acquisition or creation thereof: (i) any and all amounts owing to Borrower now or in the future from any merchant processor(s) processing charges made by customers of Borrower via credit card or debit card transactions; and (ii) all other tangible and intangible personal property, including, but not limited to, (a) cash and cash equivalents, (b) inventory, (c) equipment, (d) investment property, including certificated and uncertificated securities, securities accounts, security entitlements, commodity contracts and commodity accounts, (e) instruments, including promissory notes, (f) chattel paper, including tangible chattel paper and electronic chattel paper, (g) documents, (h) letter of credit rights, (i) accounts, including health care insurance receivables, (j) deposit accounts, (k) commercial tort claims, (l) general intangibles, including payment intangibles and software, and (m) as extracted collateral as such terms may from time to time be defined in the Uniform Commercial Code. The security interest Borrower grants includes all accessions, attachments, accessories, parts, supplies and replacements for the Collateral, all products, proceeds and collections thereof and all records and data relating thereto. Lender disclaims any security interest in collateral in which Lender is forbidden by law from taking a security interest.

19. **<u>PROTECTING THE SECURITY INTEREST</u>**. Borrower agrees that Lender and/or Lender's representative may file any financing statement, lien entry form or other document Lender and/or Lender's representative requires in order to perfect, amend or continue Lender's security interest in the Collateral and Borrower agrees to cooperate with Lender and Lender's representative as may be necessary to accomplish said filing and to do whatever Lender and Lender's representative deems necessary to protect Lender's security interest in the Collateral. Borrower and Guarantor each agree that, if any Guarantor is a corporate entity, then Lender or Lender's representative may file any financing statement, lien entry form or other document against such Guarantor or its property that Lender and/or Lender's representative requires in order to perfect, amend or continue Lender's security interest in the Collateral. Any such Guarantor agrees to cooperate with Lender and Lender's representative as may be necessary to accomplish said filing and to do whatever Lender and Lender's representative deems necessary to protect Lender's security interest in the Collateral. In this Agreement, "Lender's Representative" means any entity or individual that is designated by Lender to serve in such capacity.

20. **<u>LOCATION OF COLLATERAL; TRANSACTIONS INVOLVING COLLATERAL</u>**. Unless Lender has agreed otherwise in writing, Borrower agrees and warrants that (i) all Collateral (or records of the Collateral in the case of accounts, chattel paper and general intangibles) of Borrower shall be located at Borrower's address as shown in the application, (ii) except for inventory sold or accounts collected in the ordinary course of Borrower's business, Borrower shall not sell, offer to sell, or otherwise transfer or dispose of its Collateral, (iii) no one else has any interest in or claim against the Collateral that Borrower has not already told Lender about; (iv) Borrower shall not pledge, mortgage, encumber or otherwise permit the Collateral to be subject to any lien, security interest, encumbrance or charge, other than a security interest in favor of Lender and (iv) Borrower shall not, offer to sell, or otherwise transfer or dispose of the Collateral for less than the fair market value thereof. Borrower shall defend Lender's rights to the Collateral against the claims and demands of all other persons. All proceeds from any unauthorized disposition of the Collateral shall be held in trust for Lender, shall not be co-mingled with any other funds and shall immediately be delivered to Lender. This requirement, however, does not constitute consent by Lender to any such disposition.

21. **<u>TAXES, ASSESSMENTS AND LIENS</u>**. Borrower will complete and file all necessary federal, state and local tax returns and will pay when due all taxes, assessments, levies and liens upon its assets and provide evidence of such payments to Lender upon request.

22. **<u>INSURANCE</u>**. Borrower shall procure and maintain insurance with insurance companies that the Borrower believes are financially sound and reputable, in such amounts with such deductibles and covering such risks as the Borrower believes in good faith are customarily carried by companies engaged in similar businesses. In any event, such insurance shall be acceptable to Lender to protect the Collateral and shall be issued by a company reasonably acceptable to Lender naming Lender as a loss payee. Lender may request, and Borrower shall provide within 10 business days of receipt of such request, proof of insurance acceptable to Lender. If Borrower at any time fails to obtain or maintain any insurance as required by this Agreement, Lender may obtain such insurance as Lender deems appropriate at Borrower's sole cost and expense. Borrower shall promptly notify Lender of any loss of or damage to the Collateral.

23. **<u>REPAIRS AND MAINTENANCE</u>**. Borrower agrees to keep and maintain, and to cause others to keep and maintain, the Collateral in good order, repair and condition at all times while this Agreement remains in effect. Borrower further agrees to pay when due all claims for work done on, or services rendered or material furnished in connection with the Collateral so that no lien or encumbrance (other than a lien or encumbrance by the Lender) may ever attach to or be filed against the Collateral.

24. **<u>INSPECTION OF COLLATERAL AND PLACE OF BUSINESS; USE OF PHOTOGRAPHS AND TESTIMONIALS</u>**. Lender and Lender's designated representatives and agents shall have the right during Borrower's normal business hours and at any other reasonable time to examine the Collateral wherever located and the interior and exterior of any Borrower place of business. To the extent Lender or Lender's designated representatives choose to examine the Collateral and place of business outside of normal business hours, Lender shall give Borrower reasonable notice, which shall be at least five business days, prior to the date of the inspection. Borrower shall cooperate with Lender in making the Collateral and place of business available for inspection. During an examination of any Borrower place of business, Lender may examine, among other things, whether Borrower (i) has a place of business that is separate from any personal residence, (ii) is open for business, (iii) has sufficient inventory to conduct Borrower's business and (iv) has one or more credit card terminals if Borrower processes credit card transactions. When conducting an examination, Lender may photograph the interior and exterior of any Borrower place of business, including any signage, and may photograph any individual who has signed the Agreement ("Signatory") unless the Signatory previously has notified Lender that he or she does not authorize Lender to photograph the Signatory. Lender may obtain testimonials from any Signatory, including testimonials on why Signatory needed the Line of Credit and how the Line of Credit has helped Borrower. Any photograph and testimonial will become and remain the sole property of Lender. Borrower and each Signatory grant Lender the irrevocable and permanent right to display and share any photograph and testimonial in all forms and media, including composite and modified representations, for all purposes, including but not limited to any trade or commercial purpose, with any Lender employees and agents and with the general public. Lender may, but is not required to, use the name of any Borrower and Signatory as a credit in connection with any photograph and testimonial. Borrower and each Signatory waive the right to inspect or approve versions of any photograph or testimonial or the written copy or other media that may be used in connection with same. Borrower and each Signatory release Lender from any claims that may arise regarding the use of any photograph or testimonial, including any claims of defamation, invasion of privacy or infringement of moral rights, rights of publicity or copyright.

25. **<u>BORROWER'S REPRESENTATIONS AND WARRANTIES</u>**. Borrower represents and warrants that: (i) Borrower will comply with all laws, statutes, regulations and ordinances pertaining to the conduct of Borrower's business and promises to hold Lender harmless from any damages, liabilities, costs, expenses (including attorneys' fees) or other harm arising out of any violation thereof; (ii) Borrower's principal executive office and the office where Borrower keeps its records concerning its accounts, contract rights and other property, is that shown in the application; (iii) Borrower is duly organized, licensed, validly existing and in good standing under the laws of its state of formation and shall hereafter remain in good standing in that state, and is duly qualified, licensed and in good standing in every state in which it is doing business, and shall hereafter remain duly qualified, licensed and in good standing in every state in which it is doing business, and shall hereafter remain duly qualified, licensed and in good standing in every state in which the failure to qualify or become licensed could have a material adverse effect on the financial condition, business or operations of Borrower; (iv) the true and correct legal name of the Borrower is set forth in the application; (v) the aggregate ownership percentages of the Signatories is greater than or equal to fifty percent (50%) of the Borrower's business; (vi) the execution, delivery and performance of this Agreement, and any other document executed in connection herewith, are within Borrower's powers, have been duly authorized, are not in contravention of law or the terms of Borrower's charter, by-laws or other constating documents, or of any indenture, agreement or undertaking to which Borrower is a party; (vii) all constating documents and all amendments thereto of Borrower have been duly filed and are in proper order and any capital stock issued by Borrower and outstanding was and is properly issued and all books and records of Borrower are accurate and up to date and will be so maintained; (viii) Borrower (a) is subject to no charter, corporate or other legal restriction, or any judgment, award, decree, order, governmental rule or regulation or contractual restriction that could have a material adverse effect on its financial condition, business or prospects, and (b) is in compliance with its charter, by-laws, and other constating documents, all contractual requirements by which it may be bound and all applicable laws, rules and regulations other than laws, rules or regulations the validity or applicability of which is contesting in good faith or provisions of any of the foregoing the failure to comply with which cannot reasonably be expected to materially adversely affect its financial condition, business or prospects or the value of the Borrower's assets; (ix) there is no action, suit, proceeding or investigation pending or, to Borrower's knowledge, threatened against or affecting it or any of its assets before any court or other governmental authority which, if determined adversely to it, would have a material adverse effect on its financial condition, business or prospects or the value of the Borrower's assets; (x) Borrower does not intend to file for reorganization or liquidation under the bankruptcy or reorganization laws of any jurisdiction within 6 months of the date hereof; and (xi) Borrower is not currently insolvent within the meaning of the Uniform Commercial Code as well as the United States Bankruptcy Code.

26. **<u>FEES</u>**. In addition to any other fees described in the Agreement or subsequently introduced by Lender, Borrower agrees to pay the following fees in full: (A) Advance Fee: An Advance Fee may be charged when an Advance is funded. The amount of the Advance Fee, as a percentage of the amount of the Advance, will be disclosed to you at the time you request the Advance. Each time you obtain an Advance, Lender may charge an Advance Fee as a percentage of the Advance. (B) Late Fee: A Late Fee in the amount set forth in the accompanying Business Line of Credit Agreement Supplement if a payment in full is not received by Lender as contemplated by the Payment Schedule. Payments made by Borrower hereunder will be applied and allocated between principal, interest, fees and other amounts owed hereunder in the manner set forth in Section 15.

27. **<u>INTEREST AND FEES EXCEEDING PERMITTED LIMIT</u>**. If the Line of Credit is subject to a law that sets maximum charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with this Agreement exceed the permitted limits, then (i) any such charge will be reduced by the amount necessary to reduce the charge to the permitted limit and (ii) if required by applicable law, any sums already collected from Borrower that exceed the permitted limits will be refunded or credited to Borrower.

28. **<u>FINANCIAL INFORMATION AND REEVALUATION OF CREDIT</u>**. Borrower and each Guarantor (if any) authorize Lender to obtain business and personal credit bureau reports in Borrower's and any Guarantor's name, respectively, at any time and from time to time for purposes of deciding whether to approve the requested Line of Credit and any Advances made pursuant hereto or in any update, renewal, extension of credit or other lawful purpose, including for the purpose of account management. Upon Borrower's or any Guarantor's request, Lender will advise Borrower or Guarantor if Lender obtained a credit report and Lender will give Borrower or Guarantor the credit bureau's name and address. Borrower and each Guarantor (if any) agree to submit current financial information, a new credit application, or both, in Borrower's name and in the name of each Guarantor, respectively, at any time promptly upon Lender's request. Borrower authorizes Lender to act as Borrower's agent for purposes of accessing and retrieving transaction history information regarding Borrower from Borrower's designated merchant processor(s). Lender may at any time and from time to time, at Lender's sole discretion and subject to any applicable notice requirements, increase or decrease the Credit Limit or the Applicable APR (in each case in the manner contemplated by the definitions thereof) or terminate this Agreement, to the extent not prohibited by applicable law. Lender may report Lender's credit experiences with Borrower and any Guarantor to third parties as permitted by law, including with respect to any Guarantor to consumer credit reporting agencies. Borrower also agrees that Lender may release information to comply with governmental reporting or legal process that Lender believes may be required, whether or not such is in fact required, or when necessary or helpful in completing a transaction, or when investigating a loss or potential loss. Borrower and each Guarantor is hereby notified that a negative credit report reflecting on Borrower's and/or any Guarantor's credit record may be submitted to a credit reporting agency (including with respect to any Guarantor to consumer credit reporting agencies) if Borrower or such Guarantor fails to fulfill the terms of their respective credit obligations hereunder. Guarantor acknowledges that any credit reporting on the Loan shall be at the sole discretion of Lender (subject to applicable law) and that Lender has the right to report the Loan to Guarantor's personal credit file should Guarantor not pay any Obligation pursuant to the guaranty set forth in this Agreement.

29. **<u>ATTORNEYS' FEES AND COLLECTION COSTS</u>**. To the extent not prohibited by applicable law, Borrower shall pay to Lender on demand any and all expenses, including, but not limited to, collection costs, all attorneys' fees and expenses, and all other expenses of like or unlike nature which may be expended by Lender to obtain or enforce payment of Obligations either as against any Borrower or any Guarantor or surety of Borrower or in the prosecution or defense of any action or concerning any matter arising out of or connected with the subject matter of this Agreement, the Obligations, or any of Lender's rights or interests therein or thereto, including, without limiting the generality of the foregoing, any counsel fees or expenses incurred in any bankruptcy or insolvency proceedings, and all costs and expenses incurred by Lender in connection with the defense, settlement or satisfaction of any action, claim or demand asserted against Lender in connection therewith, which amounts shall be considered advances to protect Lender rights hereunder. To the extent permitted by applicable law, all such expenses shall become a part of the Obligations and, at Lender's option, will be payable on demand. Such right shall be in addition to all other rights and remedies to which Lender may be entitled upon an Event of Default.

30. **<u>BORROWER'S REPORTS</u>**. Promptly upon Lender's written request, Borrower and each Guarantor agrees to provide Lender with such information about the financial condition and operations of Borrower or any Guarantor, as Lender may, from time to time, reasonably request. Borrower also agrees promptly upon becoming aware of any Event of Default, or the occurrence or existence of an event which, with the passage of time or the giving of notice or both, would constitute an Event of Default hereunder, to promptly provide notice thereof to Lender in writing.

31. **<u>TELEPHONE COMMUNICATIONS</u>**. Borrower and Guarantors hereby expressly consent to receiving calls and messages, including auto-dialed and pre-recorded and artificial voice message calls and SMS messages (including text messages) from Lender, its affiliates, marketing partners, agents and others calling at Lender's request or on its behalf (the "Messaging Parties"), at any telephone numbers that Borrower and/or Guarantors have provided or may provide in the future or otherwise in the Lender's possession (including any cellular or mobile telephone numbers). Borrower and Guarantor agree that such communications may be initiated using an automated telephone dialing system. Borrower and Guarantor further understand and acknowledge that they may incur a charge from the company that provides them with telecommunications, wireless and/or Internet services, and they agree that the Messaging Parties will have no liability for such charges. Borrower and Guarantor expressly authorize the Messaging Parties to monitor and record all calls with the Messaging Parties.

32. **<u>INDEMNIFICATION</u>**. Except for Lender's gross negligence or willful misconduct, Borrower will indemnify and hold Lender harmless from all losses, costs, damages, liabilities or expenses (including, without limitation, court costs and reasonable attorneys' fees) that Lender may sustain or incur by reason of enforcing the Obligations, or in the prosecution or defense of any action or proceeding concerning any matter arising out of or in connection with this Agreement and/or any other documents now or hereafter executed in connection with this Agreement and/or the Obligations. This indemnity shall survive the repayment of the Obligations and the termination of this Agreement.

33. **<u>MERGERS, CONSOLIDATIONS OR SALES</u>**. Borrower represents and warrants that Borrower will not (i) merge or consolidate with or into any other business entity or (ii) enter into any joint venture or partnership with any person, firm, corporation, or other entity. Borrower further agrees not to alter its ownership without prior written permission from Lender.

34. **<u>CHANGE IN LEGAL STATUS</u>**. Without Lender's consent, Borrower represents and agrees that Borrower will not (i) change its name, its place of business or, if more than one, chief executive office, its mailing address, or organizational identification number if it has one or (ii) change its type of organization, jurisdiction of organization or other legal structure. If Borrower does not have an organizational identification number and later obtains one, Borrower shall promptly notify Lender of such organizational identification number.

35. **<u>DEFAULT</u>**. The occurrence of any one or more of the following events (herein, "Events of Default") shall constitute, without notice or demand, a default under this Agreement and all other agreements between Lender and Borrower and instruments and papers given Lender by Borrower, whether such agreements, instruments, or papers now exist or hereafter arise: (i) Lender is unable to collect any Automatic Payment Plan payment due on a scheduled payment date and for a subsequent business day thereafter and/or Borrower fails to pay any Obligations when due for two consecutive business days; (ii) Borrower fails to comply with, promptly, punctually and faithfully perform, or observe any term, condition or other agreement or promise within this Agreement; (iii) the determination by Lender that any representation or warranty heretofore, now or hereafter made by Borrower to Lender, in any documents, instrument, agreement, or paper was not true or accurate when given; (iv) the occurrence of any event such that any indebtedness of Borrower from any lender (other than the Lender) could be accelerated, notwithstanding that such acceleration has not taken place; (v) the occurrence of any event that would cause a lien creditor, as that term is defined in Section 9-102 of the Uniform Commercial Code, (other than Lender) to take priority over the Line of Credit made by Lender; (vi) a filing against or relating to Borrower (unless consented to in writing by Lender) of (a) a federal tax lien in favor of the United States of America or any political subdivision of the United States of America, or (b) a state tax lien in favor of any state of the United States of America or any political subdivision of any such state; (vii) the occurrence of any event of default under any other agreement between Lender and Borrower or instrument or paper given Lender by Borrower, whether such agreement, instrument, or paper now exists or hereafter arises (notwithstanding that Lender may not have exercised its rights upon default under any such other agreement, instrument or paper); (viii) any act by, against, or relating to Borrower, or its property or assets, which act constitutes the application for, consent to, or sufferance of the appointment of a receiver, trustee or other person, pursuant to court action or otherwise, over all, or any part of Borrower's property; (ix) the granting of any trust mortgage or execution of an assignment for the benefit of the creditors of Borrower, or the occurrence of any other voluntary or involuntary liquidation or extension of debt agreement for Borrower; the failure by Borrower to generally pay the debts of Borrower as they mature; (xi) adjudication of bankruptcy or insolvency relative to Borrower or any Guarantor; (xii) the entry of an order for relief or similar order with respect to Borrower or any Guarantor in any proceeding pursuant to Title 11 of the United States Code entitled "Bankruptcy" (the "Bankruptcy Code") or any other federal bankruptcy law; (xiii) the filing of any complaint, application or petition by or against Borrower initiating any matter in which Borrower is or may be granted any relief from the debts of Borrower pursuant to the Bankruptcy Code or any other insolvency statute or procedure; (xiv) the calling or sufferance of a meeting of creditors of Borrower; (xv) the meeting by Borrower with a formal or informal creditor's committee; (xvi) the offering by or entering into by Borrower of any composition, extension or any other arrangement seeking relief or extension for the debts of Borrower, or the initiation of any other judicial or non-judicial proceeding or agreement by, against or including Borrower that seeks or intends to accomplish a reorganization or arrangement with creditors; (xvii) the entry of any judgment against Borrower, which judgment is not satisfied or appealed from (with execution or similar process stayed) within 15 days of its entry; (xviii) the occurrence of any event or circumstance with respect to Borrower or any Guarantor such that Lender shall believe in good faith that the prospect of payment of all or any part of the Obligations or the performance by Borrower under this Agreement or any other agreement between Lender and Borrower is impaired or there shall occur any material adverse change in the business or financial condition of Borrower (such event specifically includes, but is not limited to, taking additional financing from a credit card advance, cash advance company or an additional working capital loan without the prior written consent of Lender); (xix) the entry of any court order that enjoins, restrains or in any way prevents Borrower from conducting all or any part of its business affairs in the ordinary course of business; (xx) the occurrence of any uninsured loss, theft, damage or destruction to any material asset(s) of Borrower; (xxi) any act by or against, or relating to Borrower or its assets pursuant to which any creditor of Borrower seeks to reclaim or repossess or reclaims or repossesses all or a portion of Borrower's assets; (xxii) the termination of existence, dissolution or liquidation of Borrower or the ceasing to carry on actively any substantial part of Borrower's current business; (xxiii) this Agreement, at any time after its execution and delivery and for any reason, ceases to be in full force and effect or is declared null and void; or the validity or enforceability hereof is contested by Borrower or any Guarantor of Borrower denies it has any further liability or obligation hereunder; (xxiv) any Guarantor or person signing a support agreement in favor of Lender shall repudiate, purport to revoke or fail to perform his or her obligations under his guaranty or support agreement in favor of Lender or any corporate Guarantor shall cease to exist; (xxv) any material change occurs in Borrower's ownership or organizational structure (acknowledging that any change in ownership will be deemed material when ownership is closely held); (xxvi) if Borrower is a sole proprietorship, the owner dies; if Borrower is a trust, a trustor dies; if Borrower is a partnership, any general or managing partner dies; if Borrower is a corporation, any principal officer or 10% or greater shareholder dies; if Borrower is a limited liability company, any managing member dies; if Borrower is any other form of business entity, any person(s) directly or indirectly controlling 10% or more of the ownership interests of such entity dies.

36. **<u>RIGHTS AND REMEDIES UPON DEFAULT</u>**. Subject to applicable law, if an Event of Default occurs under this Agreement, at any time thereafter, Lender may exercise any one or more of the following rights and remedies: (A) Refrain from Making Advances and Terminate Borrower's Ability to Make Advance Requests: Lender may terminate the Line of Credit, refrain from making Advances and/or terminate Borrower's ability to make Advance Requests hereunder; (B) Debit Amounts Due from Borrower's Accounts: Lender may debit from Borrower's Designated Checking Account all Automatic Payment Plan payments that Lender was unable to collect and/or the amount of any other Obligations that Borrower failed to pay; (C) Accelerate Indebtedness: Lender may declare all amounts owed hereunder including, without limitation, all principal, accrued interest, other fees and expenses immediately due and payable, without presentment, demand, protest or notice of any kind to Borrower, all of which are hereby waived by Borrower, and may initiate ACH debit entries to the Designated Checking Account until all such amounts are paid in full; (D) Other Rights and Remedies: Lender shall have and may exercise any and all other rights and remedies that may be available at law, in equity or otherwise; (E) Increase Interest Rate: Lender may immediately increase the Applicable APR in the manner contemplated by the definition thereof; (F) Election of Remedies: Except as may be prohibited by applicable law, all of Lender's rights and remedies, whether evidenced by this Agreement, any related documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Borrower under the Agreement, after Borrower's failure to perform, shall not affect Lender's right to declare a default and exercise its remedies.

37. **<u>CONSENT TO JURISDICTION AND VENUE</u>**. Subject to Section 38 below, Borrower, Guarantors and Lender agree that any action or proceeding to enforce or arising out of this Agreement may be brought in any court of the State of Utah or in the United States District Court for the District of Utah, and Borrower and Guarantors waive personal service of process. Borrower, Guarantors and Lender agree that, subject to Section 38, venue is proper in such courts.

38. **<u>ARBITRATION PROVISION</u>**. THE PARTIES AGREE THAT AT THE ELECTION OF ANY PARTY, ALL CLAIMS BETWEEN BORROWER, GUARANTORS, LENDER, SHALL BE RESOLVED THROUGH MANDATORY BINDING INDIVIDUAL ARBITRATION PURSUANT TO THIS SECTION. The Parties agree that any dispute will be resolved through binding individual arbitration administered by the American Arbitration Association ("AAA") under its Commercial Arbitration Rules. Any in-person hearings will take place in the State of Utah. Federal Arbitration Act governs. Class action waiver applies — each party brings claims only in its individual capacity, not as a plaintiff or class member in any purported class, representative, or private attorney general proceeding. The Arbitration Provision survives termination of this Agreement and Borrower's bankruptcy or insolvency to the extent permitted by applicable law.

39. **<u>CLASS ACTION WAIVER</u>**. Except as otherwise prohibited by applicable law, unless Borrower, Guarantor and Lender agree otherwise, any lawsuit between Borrower and/or Guarantor and Lender (including, but not limited to Lender's employees, officers, agents, successors, and assigns) must be resolved on an individual basis only, and not as part of a class action or on a consolidated basis. Thus, neither Borrower and/or Guarantor nor Lender may bring or participate in a class or consolidated action, either as a plaintiff, defendant, representative, or class member. This provision is not applicable to a class action settlement approved by a court.

40. **<u>TIME TO BRING LEGAL ACTION</u>**. Unless another time is provided in this Agreement or is required by applicable law, an action or proceeding by Borrower or Guarantor to enforce an obligation, duty, or right arising under this Agreement or under applicable law with respect to the account or this Agreement must be commenced within one year after the cause of action accrues.

41. **<u>PRE-DISPUTE NOTIFICATION</u>**. Prior to bringing any Claim (as that term is defined in Section 38), Borrower and/or Guarantor shall provide Lender written notification of any alleged Claim (the "Notice"), and must provide Lender an opportunity to cure. The Notice shall (1) identify the alleged Claim, including a description of the underlying facts and legal basis of the Claim; (2) provide a statement as to the action requested to correct or cure the issue giving rise to the alleged Claim; and (3) provide a date, which shall be no less than 30 days from the date of the written notification, by which the corrective action must be taken. The Notice shall further include Borrower and/or Guarantor's email address and phone number and, if sent by counsel for Borrower and/or Guarantor, shall include an authorization executed by Borrower and/or Guarantor authorizing Lender to speak to the attorney who executed the Notice. Borrower and/or Guarantor must reasonably cooperate in providing Lender any information requested by the Lender to resolve any Pre-Dispute Notification. Any Notice by Borrower or Guarantor to Lender must be sent via certified or registered mail (or through a nationally recognized private carrier that tracks such correspondence, such as UPS or FedEx) at the following address: Headway Capital, ATTN: Legal Department, 175 West Jackson Blvd., Suite 600, Chicago, IL 60604.

42. **<u>JURY TRIAL WAIVER</u>**. Subject to Section 38, and to the extent not prohibited by applicable law, Borrower, Guarantors and Lender waive their right to a trial by jury of any claim or cause of action based upon, arising out of or related to the Agreement and all other documentation evidencing the Obligations, in any legal action or proceeding. Subject to Section 38, any such claim or cause of action shall be tried by court sitting without a jury.

43. **<u>NO WAIVER BY LENDER</u>**. No delay or omission on the part of Lender in exercising any rights under this Agreement, any related guaranty or applicable law shall operate as a waiver of such right or any other right. Waiver on any one occasion shall not be construed as a bar to or waiver of any right or remedy on any future occasion. All Lender's rights and remedies, whether evidenced hereby or by any other agreement, instrument or paper, shall be cumulative and may be exercised singularly or concurrently.

44. **<u>TERMINATION</u>**. Borrower may terminate this Agreement by giving at least 30 days prior written notice to Lender of Borrower's intention to do so; provided that this Agreement shall not terminate until Borrower has paid in full all amounts owed hereunder including, without limitation, all principal, interest, other fees and expenses. In addition to Lender's rights and remedies set forth herein, Lender may, at any time and subject to applicable law, terminate this Agreement; provided that the Borrower will continue to be obligated to pay all amounts owing under the Line of Credit (including, without limitation, the Total Outstanding Principal Amount, the Unpaid Interest Outstanding, and any and all other amounts owed hereunder, in each case as set forth in the Lender's books and records) and to otherwise perform the Obligations.

45. **<u>ASSIGNMENT</u>**. This Agreement shall bind and inure to the benefit of the respective successors and assigns of each of the parties hereto; provided, however, that Borrower may not assign this Agreement or any rights or duties hereunder without Lender's prior written consent and any prohibited assignment shall be absolutely null and void. No consent to an assignment by Lender shall release Borrower from its Obligations. Lender may assign this Agreement and its rights and duties hereunder and no consent or approval by Borrower is required in connection with any such assignment. Lender reserves the right to sell, assign, transfer, negotiate or grant participations in all or any part of, or any interest in Lender's rights and benefits hereunder. In connection with any assignment or participation, Lender may disclose all documents and information that Lender now or hereafter may have relating to Borrower or Borrower's business. To the extent that Lender assigns its rights and obligations hereunder to another party, Lender thereafter shall be released from such assigned obligations to Borrower and such assignment shall affect a novation between Borrower and such other party. For the avoidance of doubt, Borrower, Guarantors and Lender and their successors or assigns retain the right to compel arbitration under Section 38 even if they assign any rights under this Agreement to another individual or entity.

46. **<u>INTERPRETATION</u>**. Paragraph and section headings used in this Agreement are for convenience only, and shall not affect the construction of this Agreement. Neither this Agreement nor any uncertainty or ambiguity herein shall be construed or resolved against Lender or Borrower, whether under any rule of construction or otherwise. On the contrary, this Agreement has been reviewed by all parties and shall be construed and interpreted according to the ordinary meaning of the words used so as to fairly accomplish the purposes and intentions of all parties hereto.

47. **<u>SEVERABILITY</u>**. If one or more provisions of this Agreement (or the application thereof) is determined invalid, illegal or unenforceable in any respect in any jurisdiction, the same shall not invalidate or render illegal or unenforceable such provision (or its application) in any other jurisdiction or any other provision of this Agreement (or its application).

48. **<u>NOTICES</u>**. Except as otherwise provided in this Agreement, notice under this Agreement must be in writing. Notices will be deemed given when deposited in the U.S. mail, postage prepaid, first class mail; when delivered in person; or when sent by registered mail; by certified mail; by nationally recognized overnight courier, or when sent by electronic mail. Notice to Borrower and/or any personal guarantor will be either posted to Borrower's Online Account or sent to Borrower's last known address, or electronic mail address in Lender's records for Borrower. Any notice posted to the Online Account by Lender shall be deemed given when posted in the Online Account. Notice to Lender may be sent to: Headway Capital, LLC, 4700 W. Daybreak Pkwy., Suite 200, South Jordan, UT 84009, Attn: Director of Operations.

49. **<u>RECORDKEEPING AND AUDIT REQUIREMENTS</u>**. Lender shall have no obligation to maintain any electronic records or any documents, schedules, invoices or any other paper delivered to Lender by Borrower in connection with this Agreement or any other agreement other than as required by law. Borrower will at all times keep accurate and complete records of Borrower's assets (including without limitation accounts). At Lender's request, Borrower shall deliver to Lender: (i) schedules of its assets (including without limitation accounts) and assets; and (ii) such other information regarding its assets (including without limitation accounts) as Lender shall request. Lender, or any of its agents, shall have the right to call at any telephone numbers that Borrower has provided or may provide in the future or otherwise in the Lender's possession (including any cellular or mobile telephone numbers), at intervals to be determined by Lender, and without hindrance or delay, to inspect, audit, check, and make extracts from any copies of the books, records, journals, orders, receipts, correspondence that relate to Borrower's assets (including without limitation accounts) or other transactions between the parties thereto and the general financial condition of Borrower and Lender may remove any of such records temporarily for the purpose of having copies made thereof. If Borrower was referred to Lender for the Line of Credit by a third party (the "Referring Party"), then Borrower consents to Lender sharing certain reasonable information about Borrower with the Referring Party for purposes of the Referring Party verifying and/or auditing accounts made through such Referring Party's referrals.

50. **<u>CHANGE IN TERMS</u>**. Lender may at any time change or remove any of the terms and conditions of, or add new terms or conditions to, this Agreement. Lender will notify Borrower of such a change by posting or otherwise reflecting such change in the Online Account, and/or by providing Borrower with notice of the change in terms pursuant to the notice provision in Section 48 of this Agreement. To the extent not prohibited by applicable law, such changes shall become effective immediately except where this Agreement expressly contemplates that such change shall only become effective as of the immediately succeeding Advance Request. Further, to the extent not prohibited by applicable law, any such changes or new terms will apply to the Total Outstanding Principal Amount. Borrower may request a change or a new term that Lender may, at Lender's option, accept and such change or new term shall be binding on Lender and Borrower only if agreed to in a writing signed by Lender.

51. **<u>GOVERNING LAW</u>**. Subject to Section 38 above, our relationship (including this Agreement and any claim, dispute or controversy (whether in contract, tort, or otherwise) at any time arising from or relating to this Agreement) is governed by, and this Agreement will be construed in accordance with, applicable federal law and (to the extent not preempted by federal law) Utah law without regard to internal principles of conflict of laws. The legality, enforceability and interpretation of this Agreement and the amounts contracted for, charged and reserved under this Agreement will be governed by such laws. Borrower understands and agrees that (i) Lender is located in Utah, (ii) Lender makes all credit decisions from Lender's office in Utah, (iii) the Line of Credit (including, for the avoidance of doubt, any and all Advances) are made in Utah (that is, no binding contract will be formed until Lender receives and accepts Borrower's signed Agreement in Utah) and (iv) Borrower's payments are not accepted until received by Lender in Utah.

52. **<u>WAIVER OF NOTICES AND OTHER TERMS</u>**. Except for any notices provided for in this Agreement, Borrower and any person who has obligations pursuant to this Agreement (e.g., a Guarantor), to the extent not prohibited by applicable law, hereby waives demand, notice of nonpayment, notice of intention to accelerate, notice of acceleration, presentment, protest, notice of dishonor and notice of protest. To the extent permitted by applicable law, Borrower and any person who has obligations pursuant to this Agreement also agrees: (i) Lender is not required to file suit, show diligence in collection against Borrower or any person who has obligations pursuant to this Agreement; and (ii) Lender may, but will not be obligated to, sue one or more persons without joining or suing others.

53. **<u>MONITORING, RECORDING AND ELECTRONIC COMMUNICATIONS</u>**. In order to ensure a high quality of service for Lender's customers, Lender may monitor and/or record telephone calls between Borrower and Lender's employees or agents. Borrower acknowledges that Lender may do so and agrees in advance to any such monitoring or recording of telephone calls. Borrower also agrees that Lender may communicate with Borrower electronically by e-mail or via the Borrower's Online Account.

54. **<u>ENTIRE AGREEMENT</u>**. Any application Borrower signed or otherwise submitted in connection with this Agreement, the accompanying Business Line of Credit Agreement Supplement and the Authorization Agreement for Direct Deposits (ACH Credits) and Direct Payments (ACH Debits) and any other documents required by Lender from time to time in connection with this Agreement and Borrower's Line of Credit and/or Online Account are hereby incorporated into and made a part of this Agreement. This Agreement is the entire agreement of the parties with respect to the subject matter hereof and supersedes any prior written or verbal communications or instruments relating thereto.

55. **<u>COUNTERPARTS; ELECTRONIC SIGNATURES</u>**. This Agreement may be executed in one or more counterparts, each of which counterparts shall be deemed to be an original, and all such counterparts shall constitute one and the same instrument. For purposes of the execution of this Agreement, signatures delivered by electronic or fax transmission shall be treated in all respects as original signatures.

56. **<u>CUSTOMER SERVICE CONTACT INFORMATION</u>**. If you have questions or comments about your Online Account, you may contact us by (i) e-mail at support@headwaycapital.com, (ii) telephone at (866) 698-8494 or (iii) mail at 4700 W. Daybreak Pkwy., Suite 200, South Jordan, UT 84009, Attn: Director of Operations.

57. **<u>PERSONAL GUARANTY</u>**. Each Guarantor, jointly and severally (if more than one), absolutely and unconditionally guarantee the prompt payment to Lender, including its successors and assignees, of any and all Obligations incurred by the Borrower pursuant to the Agreement (this "Personal Guaranty"). Each Guarantor further agrees to repay the Obligations on demand, without requiring Lender first to enforce payment against Borrower. This is a guarantee of payment and not of collection. This is an absolute, unconditional, primary, and continuing obligation and will remain in full force and effect until the first to occur of the following: (a) all of the Obligations have been indefeasibly paid in full, and Lender has terminated this Personal Guaranty, or (b) 30 days after the date on which written notice of revocation is actually received and accepted by Lender. No revocation will affect: (i) the then existing liabilities of the revoking Guarantor under this Personal Guaranty; (ii) Obligations created, contracted, assumed, acquired or incurred prior to the effective date of such revocation; (iii) Obligations created, contracted, assumed, acquired or incurred after the effective date of such revocation pursuant to any agreement entered into or commitment obtained prior to the effective date of such revocation; or (iv) any Obligations then or thereafter arising under the agreements or instruments then in effect and then evidencing the Obligations. Each Guarantor represents and warrants that (i) it is a legal resident of the United States of America and (ii) neither Borrower, nor itself individually as Guarantor, intends to file for reorganization or liquidation under the bankruptcy or reorganization laws of any jurisdiction within 6 months of the date hereof. Each Guarantor waives all notices to which Guarantor might otherwise be entitled by law, and also waives all defenses, legal or equitable, otherwise available to the Guarantor. This Personal Guaranty shall be construed in accordance with the laws of the State of Utah, and shall inure to the benefit of Lender, its successors and assigns. To the extent not prohibited by applicable law, each of the undersigned Guarantors waives its right to a trial by jury of any claim or cause of action based upon, arising out of or related to this Personal Guaranty, the Agreement and all other documentation evidencing the Obligations, in any legal action or proceeding. Subject to Section 38, any such claim or cause of action shall be tried by court sitting without a jury.

58. **<u>CERTIFICATION AND SIGNATURES</u>**. By executing this Agreement or authorizing the person signing or affirming below to execute on its behalf, Borrower certifies that Borrower has received a copy of this Agreement and that Borrower has read, understood and agreed to be bound by its terms. Each person executing certifies that each person is executing on behalf of the Borrower and/or in the capacity indicated (and if Borrower is a sole proprietorship, in the capacity of the owner of such sole proprietorship) and that such person is authorized to execute this Agreement on behalf of or in the stated relation to Borrower.

**<u>Use of Proceeds Certification</u>**

As referred to in Section 6, by signing below, the Borrower certifies, acknowledges and understands that the proceeds from the requested Line of Credit (including, for the avoidance of doubt, any and all Advances) will be used solely for the following purposes only:

● specified merchandise

● insurance (but not self insurance programs)

● services or equipment

● inventory or other specified goods

● loans to finance specified sales transactions

● public works projects or educational services (e.g., training)

**Authorization Agreement for Direct Deposit (ACH) and Direct Payments (ACH Debits)**

This Authorization Agreement for Direct Deposit (ACH Credit) and Direct Payments (ACH Debits) is part of (and incorporated by reference into) the Business Line of Credit Agreement. Borrower should keep this important legal document for Borrower's records.

**DISBURSEMENT OF LOAN PROCEEDS.** By executing this Authorization Agreement for Direct Deposit (ACH Credit) and Direct Payments (ACH Debits), Borrower authorizes Lender to disburse Advance proceeds (less the amount of any applicable fees) by initiating an ACH credit, wire transfer or similar means to the checking account Borrower provided to Lender through Lender's Online Portal (or a substitute checking account Borrower later identifies and is acceptable to Lender) (hereinafter referred to as the "Designated Checking Account"). This authorization is to remain in full force and effect until Lender has received written notification from Borrower of its termination in such time and in such manner as to afford Lender and Borrower's depository bank a reasonable opportunity to act on it.

**AUTOMATIC PAYMENT PLAN.** Enrollment in Lender's Automatic Payment Plan is required for Line of Credit approval. By executing this Authorization Agreement for Direct Deposit (ACH Credit) and Direct Payments (ACH Debits), Borrower agrees to, and hereby, enrolls in the Automatic Payment Plan and authorizes Lender to collect payments required under the terms of Borrower's Business Line of Credit Agreement by initiating ACH debit entries to the Designated Checking Account in the amounts and on the dates provided in the Payment Schedule and/or the Modified Payment Schedule set forth in the accompanying Business Line of Credit Agreement and/or for any and all amounts when due thereunder. Borrower authorizes Lender to resubmit any returned or failed ACH Debt for any previously scheduled payment(s) that was not paid as provided in the Payment Schedule, as permitted by law and network rules. This authorization is to remain in full force and effect until Lender has received written notification from Borrower of its termination no less than three business days before a scheduled payment. Lender may suspend or terminate Borrower's enrollment in the Automatic Payment Plan immediately if Borrower fails to keep Borrower's designated checking account in good standing or if there are insufficient funds in Borrower's checking account to process any payment (or if Lender is otherwise unable to collect any amounts owed to Lender under the Loan or under any other loan or extension of credit by Lender to Borrower). If Borrower revokes the authorization or Lender suspends or terminates Borrower's enrollment in the Automatic Payment Plan, Borrower will still be responsible for making timely payments pursuant to the alternative payment methods described in the Business Line of Credit Agreement.

**ACH Authorization for Material Misrepresentations.** In the event that we determine that you made any material misrepresentation in your application (including, but not limited to, misrepresenting your business revenue, altering bank statements, misrepresenting the purpose of the funds, etc.) you authorize Lender to debit the Designated Checking Account the full Total Outstanding Principal Amount that Lender has advanced and to close the Line of Credit. In the event that Lender exercises this option and debits the Total Outstanding Principal Amount from your Designated Checking Account, you agree that all other terms of the Business Line of Credit Agreement, including the Arbitration Agreement and Class Action Waiver, shall remain in full force and effect.

**BUSINESS PURPOSE ACCOUNT.** By executing this Authorization Agreement for Direct Deposit (ACH Credit) and Direct Payments (ACH Debits), Borrower attests that the Designated Checking Account was established for business purposes and not primarily for personal, family or household purposes.

**ACCOUNT CHANGES.** Borrower agrees to promptly notify Lender in writing of any changes to the account and routing numbers of the Designated Checking Account.

**MISCELLANEOUS.** Lender is not responsible for any fees charged by Borrower's bank as the result of credits or debits initiated under this agreement. The origination of ACH transactions to Borrower's account must comply with the provisions of U.S. law.

By ticking the box and by clicking or allowing any other signer to click the "Agree and Continue" button, or by expressing your agreement in replying to an email we send you with a copy of this agreement attached, you agree to all of the terms of this agreement on behalf of the entities and persons listed as borrower, and you acknowledge that you have read and understand this entire agreement, including but not limited to: (1) the promise that all advances will be for the business purposes described in the Use of Proceeds Certification in Section 58; (2) the Authorization Agreement for Direct Deposit (ACH Credit) and Direct Payments (ACH Debits); (3) the Class Action Waiver (section 39); and (4) the arbitration provision (section 38).

You agree that ticking a box on behalf of any other person, or replying to an email sent to any other person, without such person's express consent, constitutes fraud.

By ticking the box and by clicking or allowing any other signer to click the "Agree and Continue" button, or by expressing your agreement in replying to an email we send you with a copy of this agreement attached, you agree to all of the terms of the personal guaranty set forth in Section 57 of this agreement, whereby you, acting in your personal capacity and not on behalf of the borrower, guarantee and become liable to lender for all of the borrower's payment and performance obligations under this agreement, and you acknowledge that you have read and understand this entire agreement, including but not limited to: (1) the promise that all advances will be for the business purposes described in the application as stated in the Use of Proceeds Certification in Section 58; (2) The Class Action Waiver (section 39); and (3) the arbitration provision (section 38).

You agree that ticking a box on behalf of any other person, or replying to an email sent to any other person, without such person's express consent, constitutes fraud.

**SIGNATURES**

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| | |
|:---|:---|
| **Signed on February 11, 2026:** | **Signed on February 11, 2026:** |
| **BORROWER:** FullPAC, Inc. DBA RoboCent | **BORROWER:** FullPAC, Inc. DBA RoboCent |
| By: | */s/ Travis Trawick* |
| Name: | Travis Trawick |
| Title: | Chief Executive Officer |
| **GUARANTOR:** | **GUARANTOR:** |
| */s/ Travis Trawick* | */s/ Travis Trawick* |
| Travis Trawick, individually | Travis Trawick, individually |
| **Signed on February 12, 2026:** | **Signed on February 12, 2026:** |
| **LENDER:** Headway Capital, LLC | **LENDER:** Headway Capital, LLC |
| By: | */s/ Stacey Sulken* |
| Name: | Stacey Sulken |
| Title: | Senior Lead — SMB Underwriting |

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*Headway Capital, LLC \| 4700 W. Daybreak Pkwy., Suite 200 \| South Jordan, UT 84009*

*California Residents: Headway Capital California License Lender No. 60DBO 44216.*

## Add

**Exhibit 6.22**

**PRISTINE CAPITAL PARTNERS**

**STANDARD MERCHANT CASH ADVANCE AGREEMENT**

(786) 349-3807 info@pristinecapitalpartners.com PRISTINE CAPITAL PARTNERS 2361 Nostrand Ave. Brooklyn, NY 11210

This is an agreement dated 02/11/2026 by and between PRISTINE CAPITAL PARTNERS LLC (**"FUNDER"**), inclusive of its successors and assigns, and each merchant listed below (**"Merchant"**).

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| | |
|:---|:---|
| **Merchant's Legal Name:** | FullPAC, Inc. And entities on addendum M |
| **D/B/A:** |  |
| **Fed ID#:** | 39-2886611 |
| **Type of Entity:** | CORP |
| **Business Address:** | 1206 Laskin Rd Ste 201O, Virginia Beach, VA 23451 |
| **Contact Address:** | *[Personal address omitted]* |
| **Email Address:** | *[Personal email omitted]* |
| **Phone Number:** | *[Personal phone omitted]* |

---

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| | |
|:---|:---|
| ***Purchase Price**<br> *This is the amount being paid to Merchant(s) for the Receivables Purchased Amount (defined below). This amount may be paid in installments if there is an Addendum stating that it will be paid in installments.**  | $**110000.00** |
| ***Receivables Purchased Amount**<br> *This is the amount of Receivables (defined in Section 1 below) being sold. This amount may be sold in installments if there is an Addendum stating that it will be sold in installments.**  | $**151900.00** |
| ***Specified Percentage**<br> *This is the percentage of Receivables (defined below) to be delivered until the Receivables Purchased Amount is paid in full.**  | **5.06%** |
| ***Net Funds Provided**<br> *This is the net amount being paid to or on behalf of Merchant(s) after deduction of applicable fees listed in Section 2 below. This amount may be paid in installments if there is an Addendum stating that it will be paid in installments.**  | $**100000.00** |
| ***Net Amount to Be Received Directly by Merchant(s)**<br> *This is the net amount being received directly by Merchant(s) after deduction of applicable fees listed in Section 2 below and the payment of any part of the Purchase Price elsewhere pursuant to any Addendum to this Agreement. This amount may be paid in installments if there is an Addendum stating that it will be paid in installments. If any deduction is being made from the Purchase Price to pay off another obligation by Merchant(s), then the Net Amount to be Received Directly by Merchant(s) is subject to change based on any change in the amount of the other obligation(s) to be paid off.**  | $**100000.00** |
| ***Initial Estimated Payment**<br> *This is the initial amount of periodic payments collected from Merchant(s) as an approximation of no more than the Specified Percentage of the Receivables and is subject to reconciliation as set forth in Section 4 below.**  | $**1075.00** |

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**STANDARD MERCHANT CASH ADVANCE AGREEMENT**

1. **<u>Sale of Future Receipts</u>**. Merchant(s) hereby sell, assign, and transfer to FUNDER (making FUNDER the absolute owner) in consideration of the funds provided ("Purchase Price") specified above, all of each Merchant's future accounts, contract rights, and other obligations arising from or relating to the payment of monies from each Merchant's customers and/or other third party payors (the "Receivables", defined as all payments made by cash, check, credit or debit card, electronic transfer, or other form of monetary payment in the ordinary course of each Merchant's business), for the payment of each Merchant's sale of goods or services until the amount specified above (the "Receivables Purchased Amount") has been delivered by Merchant(s) to FUNDER. Each Merchant hereby acknowledges that until the Receivables Purchased Amount has been received in full by FUNDER, each Merchant's Receivables, up to the balance of the Receivables Purchased Amount, are the property of FUNDER and not the property of any Merchant. Each Merchant agrees that it is a fiduciary for FUNDER and that each Merchant will hold Receivables in trust for FUNDER in its capacity as a fiduciary for FUNDER.

The Receivables Purchased Amount shall be paid to FUNDER by each Merchant irrevocably authorizing only one depositing account acceptable to FUNDER (the "Account") to remit the percentage specified above (the "Specified Percentage") of each Merchant's settlement amounts due from each transaction, until such time as FUNDER receives payment in full of the Receivables Purchased Amount. Each Merchant hereby authorizes FUNDER to ACH debit in one or more ACH transactions the specified remittances and any applicable fees listed in Section 2 from the Account on a daily basis (unless a different frequency is provided for herein) as of the next business day (or designated day of each week in the case of weekly payments) after the date of this Agreement and will provide FUNDER with all required logins, passwords, access codes, and monthly bank (or credit union) statements. Each Merchant understands that it will be held responsible for any fees resulting from a rejected ACH attempt or an Event of Default (see Section 2). FUNDER is not responsible for any overdrafts or rejected transactions that may result from FUNDER's ACH debiting the Specified Percentage amounts under the terms of this Agreement. Each Merchant acknowledges and agrees that until the amount of the Receivables collected by FUNDER on a cash basis as opposed to on an accrual basis exceeds the amount of the Purchase Price, FUNDER will be permitted not to treat any amount collected under this Agreement as profit for taxation and accounting purposes.

2. **<u>Additional Fees</u>**. In addition to the Receivables Purchased Amount, each Merchant will be held responsible to FUNDER for the following fees, where applicable:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. $10,000 – Origination Fee. This will be deducted from payment of the Purchase Price.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Wire Fee – Merchant(s) shall receive funding electronically to the Account and will be charged $50.00 for a Fed Wire or $0.00 for a bank ACH. This will be deducted from payment of the Purchase Price.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. NSF/Rejected ACH Fee – $50.00 for each time an ACH debit to the Account by FUNDER is returned or otherwise rejected. No Merchant will be held responsible for such a fee if any Merchant gives FUNDER notice no more than one business day in advance that the Account will have insufficient funds to be debited by FUNDER and no Merchant is otherwise in default of the terms of the Agreement. Each such fee may be deducted from any payment collected by FUNDER or may be collected in addition to any other payment collected by FUNDER under this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Default Fee – $2,500.00 – if an Event of Default has taken place under Section 30.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. UCC Fee – $195.00 – to cover FUNDER filing a UCC-1 financing statement to secure its interest in the Receivables Purchased Amount. If a UCC-1 financing statement is filed at the time this Agreement is funded, then the UCC Fee will be deducted from payment of the Purchase Price. A $195.00 UCC termination fee will be charged if a UCC filing is terminated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. $______ – compliance with applicable disclosure requirements. This will be deducted from payment of the Purchase Price.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G. Court costs, arbitration fees, collection agency fees, attorney fees, expert fees, and any other expenses incurred in litigation, arbitration, or the enforcement of any of FUNDER's legal or contractual rights against each Merchant, if required, as explained in other Sections of this Agreement.

3. **<u>Estimated Payments</u>**. Instead of debiting the Specified Percentage of Merchant's Receivables, FUNDER may instead debit an "Estimated Payment" from the Account every DAY. The Estimated Payment is intended to be an approximation of no more than the Specified Percentage. The initial amount of the Estimated Payment is $1,075.00, subject to reconciliation as set forth in Section 4. Notwithstanding any provision herein to the contrary, FUNDER is permitted to debit the Account to make up for a previous Estimated Payment that was not debited because FUNDER was closed that day, to make up for any previous Estimated Payment that was not collected because the debit did not clear for any reason, to collect any amount due resulting from a reconciliation as set forth in Section 4, to collect any of the fees listed in Section 2, or to collect any amount due as a result of an Event of Default defined in Section 30.

Upon one day's advance written notice to Merchant(s), FUNDER may elect to change the frequency of the Estimated Payment as applicable from daily to weekly or from weekly to daily. If the frequency of the Estimated Payment is being changed from weekly to daily, then the amount of the daily Estimated Payment will be one fifth of the amount of the weekly Estimated Payment. If the frequency of the Estimated Payment is being changed from daily to weekly, then the amount of the weekly Estimated Payment will be five times the amount of the daily Estimated Payment. No Estimated Payment will be debited on a daily basis during a week in which a weekly payment was already successfully collected. If any Estimated Payment was debited from the Account on a daily basis, then any Estimated Payment debited on a weekly basis during that week must be reduced by the total of all daily payments already successfully collected for that week so that the debit for that weekly Estimated Payment will not exceed the amount that could be collected if all Estimated Payments for that week were debited on a daily basis.

4. **<u>Reconciliations</u>**. Any Merchant may contact FUNDER's Reconciliation Department to request that FUNDER conduct a reconciliation in order to ensure that the amount that FUNDER has collected equals the Specified Percentage of Merchant(s)'s Receivables under this Agreement. A request for a reconciliation by any Merchant must be made by giving written notice of the request to FUNDER or by sending an e-mail to info@pristinecapitalpartners.com stating that a reconciliation is being requested. In order to effectuate the reconciliation, any Merchant must produce with its request all bank (or, if applicable, credit union) statements (a month to date statement or equivalent thereof may be used to cover any period for which a monthly statement is not available) covering the period from the date of this Agreement through the date of the request for a reconciliation and, if available, the login and password for the Account. If any Merchant has a merchant processing account, then FUNDER may give Merchant(s) written notice that all statements (a month to date statement or equivalent thereof may be used to cover any period for which a monthly statement is not available) for each such account covering the period from the date of this Agreement through the date of the request for a reconciliation must be submitted with the request for reconciliation. FUNDER will complete each reconciliation requested by any Merchant within two business days after receipt of proper notice of a request for one accompanied by the information and documents required for it. FUNDER may also conduct a reconciliation on its own at any time by reviewing Merchant(s)'s Receivables covering the period from the date of this Agreement until the date of initiation of the reconciliation, each such reconciliation will be completed within two business days after its initiation, and FUNDER will give each Merchant written notice of the determination made based on the reconciliation within one business day after its completion. If a reconciliation determines that FUNDER collected more than it was entitled to, then FUNDER will credit to the Account all amounts to which FUNDER was not entitled and, if there is an Estimated Payment, modify the amount of the Estimated Payment so that it is consistent with the Specified Percentage of Merchant(s)'s Receivables from the date of the Agreement through the date of the reconciliation. If a reconciliation determines that FUNDER collected less than it was entitled to, then FUNDER may debit from the Account all additional amounts to which FUNDER was entitled and, if there is an Estimated Payment, modify the amount of the Estimated Payment so that it is consistent with the Specified Percentage of Merchant(s)'s Receivables from the date of the Agreement through the date of the reconciliation. Nothing herein limits the number of times that a reconciliation may be requested or conducted.

5. **<u>Merchant Deposit Agreement</u>**. Merchant(s) shall appoint a bank (or credit union) acceptable to FUNDER, to obtain electronic fund transfer services and/or "ACH" payments. Merchant(s) shall provide FUNDER and/or its authorized agent with all of the information, authorizations, and passwords necessary to verify each Merchant's Receivables. Merchant(s) shall authorize FUNDER and/or its agent(s) to deduct the amounts owed to FUNDER for the Receivables as specified herein from settlement amounts which would otherwise be due to each Merchant and to pay such amounts to FUNDER by permitting FUNDER to withdraw the Specified Percentage or the Estimated Payment by ACH debiting of the account. The authorization shall be irrevocable as to each Merchant absent FUNDER's written consent until the Receivables Purchased Amount and all fees due under this Agreement have been paid in full or without any prior default under this Agreement, the Merchant becomes bankrupt or goes out of business.

6. **<u>Term of Agreement</u>**. The term of this Agreement is indefinite and shall continue until FUNDER receives the full Receivables Purchased Amount and all fees due under this Agreement, or earlier if terminated pursuant to any provision of this Agreement. The provisions of Sections 1, 2, 3, 4, 5, 6, 7, 9, 10, 12, 13, 14, 15, 16, 17, 18, 22, 23, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, and 52 shall survive any termination of this Agreement.

7. **<u>Ordinary Course of Business</u>**. Each Merchant acknowledges that it is entering into this Agreement in the ordinary course of its business and that the payments to be made from each Merchant to FUNDER under this Agreement are being made in the ordinary course of each Merchant's business.

8. **<u>Financial Condition</u>**. Each Merchant authorizes FUNDER and its agent(s) to investigate each Merchant's financial responsibility and history, and will provide to FUNDER any bank, credit union, or financial statements, tax returns, and other reasonably pertinent documents and records, as requested by FUNDER prior to or at any time after execution of this Agreement. A photocopy of this authorization will be deemed as acceptable for release of financial information. FUNDER is authorized to update such information and financial profiles from time to time as it deems appropriate.

9. **<u>Monitoring, Recording, and Electronic Communications</u>**. FUNDER may choose to monitor and/or record telephone calls with any Merchant and its owners, employees, and agents. By signing this Agreement, each Merchant agrees that any call between FUNDER and any Merchant or its representatives may be monitored and/or recorded. Each Merchant grants access for FUNDER to enter any Merchant's premises and to observe any Merchant's premises without any prior notice to any Merchant at any time after execution of this Agreement.

FUNDER may use automated telephone dialing, text messaging systems, and e-mail to provide messages to Merchant(s) and Owner(s) (Owner being defined as each person who signs this Agreement on behalf of a Merchant) about Merchant(s)'s account. Telephone messages may be played by a machine automatically when the telephone is answered, whether answered by an Owner or someone else. These messages may also be recorded by the recipient's answering machine or voice mail. Each Merchant and each Owner gives FUNDER permission to call or send a text message to any telephone number given to FUNDER in connection with this Agreement and to play pre-recorded messages and/or send text messages with information about this Agreement and/or any Merchant's account over the phone. Each Merchant and each Owner also gives FUNDER permission to communicate such information to them by e-mail. Each Merchant and each Owner agree that FUNDER will not be liable to any of them for any such calls or electronic communications, even if information is communicated to an unintended recipient. Each Merchant and each Owner acknowledge that when they receive such calls or electronic communications, they may incur a charge from the company that provides them with telecommunications, wireless, and/or Internet services, and that FUNDER has no liability for any such charges.

10. **<u>Accuracy of Information Furnished by Merchant and Investigation Thereof</u>**. To the extent set forth herein, each of the parties is obligated upon his, her, or its execution of the Agreement to all terms of the Agreement. Each Merchant and each Owner signing this Agreement represent that he or she is authorized to sign this Agreement for each Merchant, legally binding said Merchant to its obligations under this Agreement and that the information provided herein and in all of FUNDER's documents, forms, and recorded interview(s) is true, accurate, and complete in all respects. FUNDER may produce a monthly statement reflecting the delivery of the Specified Percentage of Receivables from Merchant(s) to FUNDER. An investigative report may be made in connection with the Agreement. Each Merchant and each Owner signing this Agreement authorize FUNDER, its agents and representatives, and any credit-reporting agency engaged by FUNDER, to (i) investigate any references given or any other statements obtained from or about each Merchant or any of its Owners for the purpose of this Agreement, and (ii) pull credit report at any time now or for so long as any Merchant and/or Owner(s) continue to have any obligation to FUNDER under this Agreement or for FUNDER's ability to determine any Merchant's eligibility to enter into any future agreement with FUNDER. Any misrepresentation made by any Merchant or Owner in connection with this Agreement may constitute a separate claim for fraud or intentional misrepresentation.

Authorization for soft pulls: Each Merchant and each Owner understands that by signing this Agreement, they are providing 'written instructions' to FUNDER under the Fair Credit Reporting Act, authorizing FUNDER to obtain information from their personal credit profile or other information from Experian, TransUnion, and Equifax. Each Merchant authorizes FUNDER to obtain such information solely to conduct a pre-qualification for credit.

Authorization for hard pulls: Each Merchant and each Owner understands that by signing this Agreement, they are providing 'written instructions' to FUNDER under the Fair Credit Reporting Act, authorizing FUNDER to obtain information from their personal credit profile or other information from Experian, TransUnion, and Equifax. Each Merchant authorizes FUNDER to obtain such information in accordance with a merchant cash advance application.

11. **<u>Transactional History</u>**. Each Merchant authorizes its bank (or credit union) to provide FUNDER with its banking and/or credit card processing history.

12. **<u>Indemnification</u>**. Each Merchant jointly and severally indemnifies and holds harmless each Merchant's credit card and check processors (collectively, "Processor") and Processor's officers, directors, and shareholders against all losses, damages, claims, liabilities, and expenses (including reasonable attorney and expert fees) incurred by Processor resulting from (a) claims asserted by FUNDER for monies owed to FUNDER from any Merchant and (b) actions taken by any Processor in reliance upon information or instructions provided by FUNDER.

13. **<u>No Liability</u>**. In no event will FUNDER be liable for any claims asserted by any Merchant under any legal theory for lost profits, lost revenues, lost business opportunities, exemplary, punitive, special, incidental, indirect, or consequential damages, each of which is waived by each Merchant.

14. **<u>Sale of Receivables</u>**. Each Merchant and FUNDER agree that the Purchase Price under this Agreement is in exchange for the Receivables Purchased Amount and that such Purchase Price is not intended to be, nor shall it be construed as a loan from FUNDER to any Merchant. FUNDER is entering into this Agreement knowing the risks that each Merchant's business may decline or fail, resulting in FUNDER not receiving the Receivables Purchased Amount. Any Merchant going bankrupt, going out of business, or experiencing a slowdown in business or a delay in collecting Receivables will not on its own without anything more be considered a breach of this Agreement. Notwithstanding any provision in this Agreement to the contrary, any Merchant temporarily closing its business upon advance written notice to FUNDER will not on its own without anything more be considered a breach of this Agreement. Notwithstanding any provision in this Agreement to the contrary, no act or omission by a Merchant after it goes out of business, during the pendency of any voluntary or involuntary bankruptcy case in which the Merchant is a debtor, or after the Merchant is granted a discharge or the equivalent thereof in any bankruptcy case will cause that Merchant to be in default of this Agreement. Each Merchant agrees that the Purchase Price in exchange for the Receivables pursuant to this Agreement equals the fair market value of such Receivables. FUNDER has purchased and shall own all the Receivables described in this Agreement up to the full Receivables Purchased Amount as the Receivables are created. Payments made to FUNDER in respect to the full amount of the Receivables shall be conditioned upon each Merchant's sale of products and services and the payment therefor by each Merchant's customers in the manner provided in this Agreement. Each Merchant acknowledges that FUNDER does not purchase, sell, or offer to purchase or sell securities and that this Agreement is not a security, an offer to sell any security, or a solicitation of an offer to buy any security. Although certain jurisdictions require the disclosure of an Annual Percentage Rate or APR in connection with this Agreement, those disclosures do not change the fact that the transaction encompassed by this Agreement is not a loan and does not have an interest rate. If a court or arbitrator determines that FUNDER has charged or received interest under this Agreement in excess of the highest rate permitted by applicable law, then the rate in effect under this Agreement will automatically be reduced to the maximum rate permitted by applicable law and FUNDER will promptly refund to Merchant(s) any amount received by FUNDER that would otherwise be considered interest in excess of the maximum lawful rate, with it being intended that Merchant(s) not pay or contract to pay and that FUNDER not receive or contract to receive, directly or indirectly in any manner whatsoever, interest in excess of that which may be paid by Merchant(s) or received by FUNDER under applicable law.

15. **<u>Power of Attorney</u>**. Each Merchant irrevocably appoints FUNDER as its agent and attorney-in-fact with full authority to take any action or execute any instrument or document to settle all obligations due to FUNDER for the benefit of each Merchant and only in order to prevent the occurrence of an Event of Default (as described in Section 30). If an Event of Default takes place under Section 30, then each Merchant irrevocably appoints FUNDER as its agent and attorney-in-fact with full authority to take any action or execute any instrument or document to settle all obligations due to FUNDER from each Merchant, including without limitation (i) to collect monies due or to become due under or in respect of any of the Collateral (which is defined in Section 29); (ii) to receive, endorse and collect any checks, notes, drafts, instruments, documents, or chattel paper in connection with clause (i) above; (iii) to sign each Merchant's name on any invoice, bill of lading, or assignment directing customers or account debtors to make payment directly to FUNDER; and (iv) to file any claims or take any action or institute any proceeding which FUNDER may deem necessary for the collection of any of the unpaid Receivables Purchased Amount from the Collateral, or otherwise to enforce its rights with respect to payment of the Receivables Purchased Amount.

16. **<u>Protections Against Default</u>**. The following Protections 1 through 5 may be invoked by FUNDER, immediately and without notice to any Merchant if any Event of Default listed in Section 30 has occurred.

**Protection 1:** The full uncollected Receivables Purchased Amount plus all fees due under this Agreement may become due and payable in full immediately.

**Protection 2:** FUNDER may enforce its security interest in the Collateral identified in Section 29.

**Protection 3:** FUNDER may proceed to protect and enforce its rights and remedies by litigation or arbitration.

**Protection 4:** FUNDER may debit any Merchant's depository accounts wherever situated by means of ACH debit or electronic or facsimile signature on a computer-generated check drawn on any Merchant's bank (or credit union) account or otherwise, in an amount consistent with the terms of this Agreement.

**Protection 5:** FUNDER will have the right, without waiving any of its rights and remedies and without notice to any Merchant, to notify each Merchant's credit card and/or check processor and account debtor(s) of the sale of Receivables hereunder and to direct such credit card processor and account debtor(s) to make payment to FUNDER of all or any portion of the amounts received by such credit card processor and account debtor(s) on behalf of each Merchant. Each Merchant hereby grants to FUNDER an irrevocable power-of-attorney, which power-of-attorney will be coupled with an interest, and hereby appoints FUNDER and its representatives as each Merchant's attorney-in-fact to take any and all action necessary to direct such new or additional credit card and/or check processor and account debtor(s) to make payment to FUNDER as contemplated by this Section.

17. **<u>Protection of Information</u>**. Each Merchant and each person signing this Agreement on behalf of each Merchant and/or as Owner, in respect of himself or herself personally, authorizes FUNDER to disclose information concerning each Merchant and/or Owner's credit standing and business conduct to agents, affiliates, subsidiaries, and credit reporting bureaus. Each Merchant and Owner hereby waives to the maximum extent permitted by law any claim for damages against FUNDER or any of its affiliates relating to any (i) investigation undertaken by or on behalf of FUNDER as permitted by this Agreement or (ii) disclosure of information as permitted by this Agreement.

18. **<u>Confidentiality</u>**. Each Merchant understands and agrees that the terms and conditions of the products and services offered by FUNDER, including this Agreement and any other FUNDER documents (collectively, "Confidential Information") are proprietary and confidential information of FUNDER. Accordingly, unless disclosure is required by law or court order, Merchant(s) shall not disclose Confidential Information of FUNDER to any person other than an attorney, accountant, financial advisor or employee of any Merchant who needs to know such information for the purpose of advising any Merchant ("Advisor"), provided such Advisor uses such information solely for the purpose of advising any Merchant and first agrees in writing to be bound by the terms of this Section 18.

19. **<u>D/B/As</u>**. Each Merchant hereby acknowledges and agrees that FUNDER may be using "doing business as" or "d/b/a" names in connection with various matters relating to the transaction between FUNDER and each Merchant, including the filing of UCC-1 financing statements and other notices or filings.

20. **<u>Affiliates</u>**. Each Merchant acknowledges and agrees that this Agreement may be serviced by an affiliate of FUNDER that may pay part or all of the Purchase Price on behalf of FUNDER, administer part or all of the ACH debits on behalf of FUNDER under this Agreement, and/or file UCC-1 financing statements and other notices or filings. FUNDER will give each Merchant written notice if any such affiliate will provide services for FUNDER under this Agreement.

21. **<u>Financial Condition and Financial Information</u>**. Each Merchant represents, warrants, and covenants that its bank (or credit union) and financial statements, copies of which have been furnished to FUNDER, and future statements which will be furnished hereafter at the request of FUNDER, fairly represent the financial condition of each Merchant at such dates, and that since those dates there have been no material adverse changes, financial or otherwise, in such condition, operation, or ownership of any Merchant. Each Merchant has a continuing affirmative obligation to advise FUNDER of any material adverse change in its financial condition, operation, or ownership that may have an effect on any Merchant's ability to generate Receivables or perform its obligations under this Agreement.

22. **<u>Governmental Approvals</u>**. Each Merchant represents, warrants, and covenants that it is in compliance and shall comply with all laws and has valid permits, authorizations, and licenses to own, operate, and lease its properties and to conduct the business in which it is presently engaged.

23. **<u>Authorization</u>**. Each Merchant represents, warrants, and covenants that it and each person signing this Agreement on behalf of each Merchant has full power and authority to incur and perform the obligations under this Agreement, all of which have been duly authorized.

24. **<u>Electronic Check Processing Agreement</u>**. Each Merchant represents, warrants, and covenants that it will not, without FUNDER's prior written consent, change its Processor, add terminals, change its financial institution or bank (or credit union) account, or take any other action that could have any adverse effect upon any Merchant's obligations under this Agreement.

25. **<u>Change of Name or Location</u>**. Each Merchant represents, warrants, and covenants that it will not conduct its business under any name other than as disclosed to FUNDER or change any place(s) of its business without giving prior written notice to FUNDER.

26. **<u>No Bankruptcy</u>**. Each Merchant represents, warrants, and covenants that as of the date of this Agreement, it does not contemplate and has not filed any petition for bankruptcy protection under Title 11 of the United States Code and there has been no involuntary petition brought or pending against any Merchant. Each Merchant further warrants that it does not anticipate filing any such bankruptcy petition and it does not anticipate that an involuntary petition will be filed against it.

27. **<u>Unencumbered Receivables</u>**. Each Merchant represents, warrants, and covenants that it has good, complete, and marketable title to all Receivables, free and clear of any and all liabilities, liens, claims, changes, restrictions, conditions, options, rights, mortgages, security interests, equities, pledges, and encumbrances of any kind or nature whatsoever or any other rights or interests that may be inconsistent with this Agreement or adverse to the interests of FUNDER, other than any for which FUNDER has actual or constructive knowledge or inquiry notice as of the date of this Agreement.

28. **<u>Business Purpose</u>**. Each Merchant represents, warrants, and covenants that it is a valid business in good standing under the laws of the jurisdictions in which it is organized and/or operates, and each Merchant is entering into this Agreement for business purposes and not as a consumer for personal, family, or household purposes.

29. **<u>Security Interest</u>**. To secure each Merchant's performance obligations to FUNDER under this Agreement and any future agreement with FUNDER, each Merchant hereby grants to FUNDER a security interest in collateral (the "Collateral"), that is defined as collectively: (a) all accounts, including without limitation, all deposit accounts, accounts-receivable, and other receivables, as those terms are defined by Article 9 of the Uniform Commercial Code (the "UCC"), now or hereafter owned or acquired by any Merchant; and (b) all proceeds, as that term is defined by Article 9 of the UCC. The parties acknowledge and agree that any security interest granted to FUNDER under any other agreement between any Merchant and FUNDER (the "Cross-Collateral") will secure the obligations hereunder and under this Agreement. Negative Pledge: Each Merchant agrees not to create, incur, assume, or permit to exist, directly or indirectly, any lien on or with respect to any of the Collateral or the Cross-Collateral, as applicable. Each Merchant agrees to execute any documents or take any action in connection with this Agreement as FUNDER deems necessary to perfect or maintain FUNDER's security interest in the Collateral and the Cross-Collateral, including the execution of any account control agreements. Each Merchant hereby authorizes FUNDER to file any financing statements deemed necessary by FUNDER to perfect or maintain FUNDER's security interest, which financing statements may contain notification that each Merchant has granted a negative pledge to FUNDER with respect to the Collateral and the Cross-Collateral, and that any subsequent lienor may be tortiously interfering with FUNDER's rights. Each Merchant shall be liable for and FUNDER may charge and collect all costs and expenses, including but not limited to attorney fees, which may be incurred by FUNDER in protecting, preserving, and enforcing FUNDER's security interest and rights. Each Merchant further acknowledges that FUNDER may use another legal name and/or its D/B/A or an agent when designating the Secured Party when FUNDER files the above-referenced financing statement(s).

30. **<u>Events of Default</u>**. An "Event of Default" may be considered to have taken place if any of the following occur: (1) Any representation or warranty by any Merchant to FUNDER proves to have been made intentionally false or misleading in any material respect when made; or (2) Any Merchant intentionally prevents FUNDER from collecting in accordance with the terms of this Agreement any part of the Receivables Purchased Amount.

31. **<u>REMEDIES</u>**. IN CASE ANY EVENT OF DEFAULT OCCURS AND IS NOT WAIVED, FUNDER MAY PROCEED TO PROTECT AND ENFORCE ITS RIGHTS OR REMEDIES BY SUIT IN EQUITY OR BY ACTION AT LAW, OR BOTH, WHETHER FOR THE SPECIFIC PERFORMANCE OF ANY COVENANT, AGREEMENT, OR OTHER PROVISION CONTAINED HEREIN, OR TO ENFORCE THE DISCHARGE OF EACH MERCHANT'S OBLIGATIONS HEREUNDER, OR ANY OTHER LEGAL OR EQUITABLE RIGHT OR REMEDY. ALL RIGHTS, POWERS, AND REMEDIES OF FUNDER IN CONNECTION WITH THIS AGREEMENT, INCLUDING EACH PROTECTION LISTED IN SECTION 16, MAY BE EXERCISED AT ANY TIME BY FUNDER AFTER THE OCCURRENCE OF AN EVENT OF DEFAULT, ARE CUMULATIVE AND NOT EXCLUSIVE, AND WILL BE IN ADDITION TO ANY OTHER RIGHTS, POWERS, OR REMEDIES PROVIDED BY LAW OR EQUITY.

32. **<u>Assignment</u>**. This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors and assigns, except that Merchant(s) shall not have the right to assign its rights hereunder or any interest herein without the prior written consent of FUNDER, which consent may be withheld in FUNDER's sole discretion. FUNDER may assign, transfer, or sell its rights under this Agreement, including, without limitation, its rights to receive the Receivables Purchased Amount, and its rights under Section 29 of this Agreement, and any other agreement, instrument, or document executed in connection with the transactions contemplated by this Agreement (a "Related Agreement"), or delegate its duties hereunder or thereunder, either in whole or in part. Each Merchant agrees to acknowledge any such assignment in writing upon FUNDER's request.

33. **<u>Notices</u>**. All notices, requests, consents, demands, and other communications hereunder shall be delivered by certified mail, return receipt requested, or by overnight delivery with signature confirmation to the respective parties to this Agreement at their addresses set forth in this Agreement and shall become effective only upon receipt. Written notice may also be given to any Merchant by e-mail to the E-mail Address listed on the first page of this Agreement or by text message to the Phone Number listed on the first page of this Agreement if that phone number is for a mobile phone. Each Merchant must set its spam or junk mail filter to accept e-mails sent by info@pristinecapitalpartners.com and its domain. Written notice may also be given to FUNDER by e-mail to info@pristinecapitalpartners.com. Written notice given under this Section by e-mail will be effective upon dispatch. This Section is not applicable to service of process or notices in any legal proceedings.

34. **<u>CHOICE OF LAW</u>**. EACH MERCHANT ACKNOWLEDGES AND AGREES THAT THIS AGREEMENT WAS MADE IN THE STATE OF NEW YORK, THAT THE PURCHASE PRICE IS BEING PAID BY FUNDER IN THE STATE OF NEW YORK, THAT THE RECEIVABLES PURCHASED AMOUNT IS BEING DELIVERED TO FUNDER IN THE STATE OF NEW YORK, AND THAT THE STATE OF NEW YORK HAS A REASONABLE RELATIONSHIP TO THE TRANSACTIONS ENCOMPASSED BY THIS AGREEMENT. THIS AGREEMENT, ANY DISPUTE OR CLAIM RELATING HERETO, WHETHER SOUNDING IN CONTRACT, TORT, LAW, EQUITY, OR OTHERWISE, AND THE RELATIONSHIP BETWEEN FUNDER AND EACH MERCHANT WILL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO ANY APPLICABLE PRINCIPLES OF CONFLICT OF LAWS. EACH MERCHANT FURTHER AGREES THAT VARIOUS STATE COMMERCIAL FINANCING DISCLOSURE STATUTES (INCLUDING VIRGINIA, CALIFORNIA, UTAH, NEW YORK, FLORIDA, GEORGIA, CONNECTICUT, KANSAS, MISSOURI, AND TEXAS) ARE NOT APPLICABLE TO THIS AGREEMENT IF NO MERCHANT IS LOCATED OR HAS A BUSINESS ADDRESS IN THE APPLICABLE STATE OR IF THE STATUTORY EXEMPTIONS ARE OTHERWISE SATISFIED.

35. **<u>VENUE AND FORUM SELECTION</u>**. ANY LITIGATION RELATING TO THIS AGREEMENT, WHETHER SOUNDING IN CONTRACT, TORT, LAW, EQUITY, OR OTHERWISE, OR INVOLVING FUNDER ON ONE SIDE AND ANY MERCHANT ON THE OTHER MUST BE COMMENCED AND MAINTAINED IN ANY STATE COURT LOCATED IN THE STATE OF NEW YORK, INCLUSIVE OF THE COUNTIES OF KINGS, MONROE, NASSAU, NEW YORK, ONTARIO, SULLIVAN, AND QUEENS (THE "ACCEPTABLE FORUMS"). THE PARTIES AGREE THAT THE ACCEPTABLE FORUMS ARE CONVENIENT, SUBMIT TO THE JURISDICTION OF THE ACCEPTABLE FORUMS, AND WAIVE ANY AND ALL OBJECTIONS TO THE JURISDICTION OR VENUE OF THE ACCEPTABLE FORUMS.

36. **<u>JURY WAIVER</u>**. THE PARTIES AGREE TO WAIVE TRIAL BY JURY IN ANY DISPUTE BETWEEN THEM.

37. **<u>COUNTERCLAIM WAIVER</u>**. IN ANY LITIGATION OR ARBITRATION COMMENCED BY FUNDER, NO MERCHANT WILL NOT BE PERMITTED TO INTERPOSE ANY COUNTERCLAIM.

38. **<u>STATUTES OF LIMITATIONS</u>**. EACH MERCHANT AGREES THAT ANY CLAIM, WHETHER SOUNDING IN CONTRACT, TORT, LAW, EQUITY, OR OTHERWISE, THAT IS NOT ASSERTED AGAINST FUNDER WITHIN ONE YEAR AFTER ITS ACCRUAL WILL BE TIME BARRED.

39. **<u>LEGAL FEES AND COSTS</u>**. IF AN EVENT OF DEFAULT OCCURS OR FUNDER PREVAILS IN ANY LITIGATION OR ARBITRATION WITH ANY MERCHANT, THEN EACH MERCHANT MUST PAY FUNDER'S REASONABLE ATTORNEY FEES, WHICH MAY INCLUDE A CONTINGENCY FEE, AS WELL AS ADMINISTRATIVE OR FILING FEES AND ARBITRATOR COMPENSATION IN ANY ARBITRATION, EXPERT WITNESS FEES, AND COSTS OF SUIT.

40. **<u>PREJUDGMENT AND POSTJUDGMENT INTEREST</u>**. IF FUNDER BECOMES ENTITLED TO THE ENTRY OF A JUDGMENT AGAINST ANY MERCHANT, THEN FUNDER WILL BE ENTITLED TO THE RECOVERY OF PREJUDGMENT INTEREST AT A RATE OF 24% PER ANNUM (OR 16% PER ANNUM INSTEAD IF ANY MERCHANT IS A SOLE PROPRIETORSHIP), AND UPON ENTRY OF ANY SUCH JUDGMENT, IT WILL ACCRUE INTEREST AT A POSTJUDGMENT RATE OF 24% PER ANNUM (OR 16% PER ANNUM INSTEAD IF ANY MERCHANT IS A SOLE PROPRIETORSHIP), WHICH RATE WILL GOVERN OVER THE STATUTORY RATE OF INTEREST UP UNTIL ACTUAL SATISFACTION OF THE JUDGMENT.

41. **<u>CLASS ACTION WAIVER</u>**. FUNDER AND EACH MERCHANT AGREE THAT THEY MAY BRING CLAIMS AGAINST EACH OTHER RELATING TO THIS AGREEMENT ONLY IN THEIR INDIVIDUAL CAPACITIES, AND NOT AS A PLAINTIFF OR CLASS ACTION MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDINGS.

42. **<u>ARBITRATION</u>**. ANY ACTION OR DISPUTE, WHETHER SOUNDING IN CONTRACT, TORT, LAW, EQUITY, OR OTHERWISE, RELATING TO THIS AGREEMENT OR INVOLVING FUNDER ON ONE SIDE AND ANY MERCHANT ON THE OTHER, INCLUDING BUT NOT LIMITED TO ISSUES OF ARBITRABILITY, AND INCLUDING WITHOUT LIMITATION ANY ACTION OR DISPUTE THAT PREDATES THIS AGREEMENT, WILL, AT THE OPTION OF ANY PARTY TO SUCH ACTION OR DISPUTE, BE DETERMINED BY ARBITRATION IN THE STATE OF NEW YORK. A JUDGMENT OF THE COURT SHALL BE ENTERED UPON THE AWARD MADE PURSUANT TO THE ARBITRATION. ARBITRATION WILL BE ADMINISTERED BY ONE OF SEVERAL ARBITRATION FORUMS (AAA, ADR Services, JAMS, MCA, Resolute Systems, LLC) AS SELECTED BY THE INITIATING PARTY. ARBITRATION HEARINGS WILL TAKE PLACE IN THE COUNTIES OF NASSAU, NEW YORK, QUEENS, OR KINGS IN THE STATE OF NEW YORK. FEDERAL ARBITRATION ACT (TITLE 9 OF THE UNITED STATES CODE) WILL GOVERN ALL MATTERS RELATING TO THE ARBITRATION.

43. **<u>SERVICE OF PROCESS</u>**. EACH MERCHANT CONSENTS TO SERVICE OF PROCESS AND LEGAL NOTICES MADE BY FIRST CLASS OR PRIORITY MAIL DELIVERED BY THE UNITED STATES POSTAL SERVICE AND ADDRESSED TO THE CONTACT ADDRESS SET FORTH ON THE FIRST PAGE OF THIS AGREEMENT OR ANY OTHER ADDRESS(ES) PROVIDED IN WRITING TO FUNDER BY ANY MERCHANT, AND ANY SUCH SERVICE WILL BE DEEMED COMPLETE UPON DISPATCH. EACH MERCHANT ALSO CONSENTS TO SERVICE OF PROCESS AND LEGAL NOTICES MADE BY E-MAIL TO THE E-MAIL ADDRESS SET FORTH ON THE FIRST PAGE OF THIS AGREEMENT OR ANY OTHER E-MAIL ADDRESS(ES) PROVIDED IN WRITING TO FUNDER BY ANY MERCHANT, AND ANY SUCH SERVICE WILL BE DEEMED COMPLETE UPON DISPATCH.

44. **<u>Survival of Representations, etc.</u>**. All representations, warranties, and covenants herein shall survive the execution and delivery of this Agreement and shall continue in full force until all obligations under this Agreement shall have been satisfied in full and this Agreement shall have terminated unless specified otherwise in this Agreement.

45. **<u>Waiver</u>**. No failure on the part of FUNDER to exercise, and no delay in exercising, any right under this Agreement, shall operate as a waiver thereof, nor shall any single or partial exercise of any right under this Agreement preclude any other or further exercise thereof or the exercise of any other right. The remedies provided hereunder are cumulative and not exclusive of any remedies provided by law or equity.

46. **<u>Independent Sales Organizations/Brokers</u>**. Each Merchant acknowledges that it may have been introduced to FUNDER by or received assistance in entering into this Agreement from an independent sales organization or broker ("ISO"). Each Merchant agrees that any ISO is separate from and is not an agent or representative of FUNDER. Each Merchant acknowledges that FUNDER is not bound by any representation, promise, or agreement made by any ISO that is not contained within this Agreement.

47. **<u>Modifications; Agreements</u>**. No modification, amendment, waiver, or consent of any provision of this Agreement shall be effective unless the same shall be in writing and signed by all parties.

48. **<u>Severability</u>**. If any provision or any portion of any provision of this Agreement is deemed invalid or unenforceable as written, it will be construed, to the greatest extent possible, in a manner which will render it valid and enforceable.

49. **<u>Headings</u>**. Headings of the various articles and/or sections of this Agreement are for convenience only and do not necessarily define, limit, describe, or construe the contents of such articles or sections.

50. **<u>Attorney Review; No Construction Against FUNDER</u>**. Each Merchant acknowledges that it has had an opportunity to review this Agreement and all addenda with counsel of its choosing before signing the documents or has chosen not to avail itself of the opportunity to do so.

51. **<u>Entire Agreement</u>**. This Agreement, inclusive of all addenda, if any, executed simultaneously herewith constitutes the full understanding of the parties to the transaction herein and may not be amended, modified, or canceled except in writing signed by all parties. Should there arise any conflict between this Agreement and any other document preceding it, this Agreement will govern.

52. **<u>Counterparts; Fax and Electronic Signatures</u>**. This Agreement may be executed electronically and in counterparts. Facsimile and electronic copies of this Agreement will have the full force and effect of an original.

**STANDARD MERCHANT CASH ADVANCE AGREEMENT**

**EACH UNDERSIGNED HEREBY ACCEPTS THE TERMS OF THIS AGREEMENT**

**FOR THE MERCHANT/OWNER (#1)**

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|:---|:---|
| Print Name: | **TRAVIS WILLIAM TRAWICK** |
| Print Title: | Chief Executive Officer |
| Signature: | /s/ TRAVIS WILLIAM TRAWICK |
| SS#: | *[Social Security Number omitted]* |
| Driver License Number: |  |

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**FOR THE MERCHANT/OWNER (#2)**

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| |
|:---|
| Print Name: |
| Print Title: |
| Signature: |
| SS#: |
| Driver License Number: |

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Approved for PRISTINE CAPITAL PARTNERS LLC by: ____________________________

**STANDARD MERCHANT CASH ADVANCE AGREEMENT**

G1. **<u>Guarantee of Performance</u>**. This is a guaranty of performance, dated 02/11/2026, of the Standard Merchant Cash Advance Agreement, dated 02/11/2026 ("Agreement"), inclusive of all addenda, if any, executed simultaneously therewith, by and between PRISTINE CAPITAL PARTNERS LLC ("FUNDER") and FullPAC, Inc. ("Merchant"). The Agreement, inclusive of all addenda thereto, is hereby incorporated by reference as if set forth fully herein. Each undersigned Guarantor (Guarantor being defined as any signatory to this Guarantee of the Agreement) hereby guarantees each Merchant's performance of all of the representations, warranties, and covenants made by each Merchant to FUNDER in the Agreement, inclusive of all addenda, if any, executed simultaneously herewith, as the Agreement may be renewed, amended, extended, or otherwise modified (the "Guaranteed Obligations"). Each Guarantor's obligations are due at the time of any breach by any Merchant of any representation, warranty, or covenant made by any Merchant in the Agreement.

G2. **<u>Communications</u>**. FUNDER may choose to monitor and/or record telephone calls with any Guarantor and/or each Guarantor's owners, employees, and agents. By signing this Guarantee, each Guarantor agrees that any call between FUNDER and any Guarantor or its representatives may be monitored and/or recorded.

G3. **<u>Guarantor Waivers</u>**. If any Event of Default takes place under the Agreement, then FUNDER may enforce its rights under this Guarantee without first seeking to obtain payment from any Merchant, any other guarantor, or any Collateral or Cross-Collateral FUNDER may hold pursuant to this Guarantee or any other agreement or guarantee. FUNDER does not have to notify any Guarantor of any of the following events and Guarantor(s) will not be released from its obligations under this Guarantee even if it is not notified of: (i) any Merchant's failure to pay timely any amount owed under the Agreement; (ii) any adverse change in any Merchant's financial condition or business; (iii) any sale or other disposition of any collateral securing the Guaranteed Obligations or any other guarantee of the Guaranteed Obligations; (iv) FUNDER's acceptance of the Agreement with any Merchant; and (v) any renewal, extension, or other modification of the Agreement or any Merchant's other obligations to FUNDER. Each Guarantor permanently waives and shall not seek to exercise any of the following rights that it may have against any Merchant, any other guarantor, or any collateral provided by any Merchant or any guarantor, for any amounts paid by it or acts performed by it under this Guarantee: (i) subrogation; (ii) reimbursement; (iii) performance; (iv) indemnification; or (v) contribution.

G4. **<u>Joint and Several Liability</u>**. The obligations hereunder of the persons or entities constituting each Guarantor under this Guarantee are joint and several.

G5. **<u>Sale of Receivables</u>**. Each Guarantor agrees that the Purchase Price under the Agreement is in exchange for the Receivables Purchased Amount and that such Purchase Price is not intended to be, nor shall it be construed as a loan from FUNDER to any Merchant. FUNDER is entering into the Agreement knowing the risks that each Merchant's business may decline or fail, resulting in FUNDER not receiving the Receivables Purchased Amount.

G6. **<u>Protection of Information</u>**. Each Guarantor authorizes FUNDER to disclose information concerning each Guarantor's credit standing and business conduct to agents, affiliates, subsidiaries, and credit reporting bureaus. Each Guarantor hereby waives to the maximum extent permitted by law any claim for damages against FUNDER or any of its affiliates relating to any (i) investigation undertaken by or on behalf of FUNDER as permitted by the Agreement or this Guarantee or (ii) disclosure of information as permitted by the Agreement or this Guarantee.

G7. **<u>Accuracy of Information Furnished by Guarantor and Investigation Thereof</u>**. Each person signing this Guarantee represents that he or she is authorized to sign this Guarantee for each person or entity on behalf of which they are signing, legally binding each said Guarantor to its obligations under this Guarantee.

G8. **<u>Notices</u>**. All notices, requests, consents, demands, and other communications hereunder shall be delivered by certified mail, return receipt requested, or by overnight delivery with signature confirmation to each Guarantor at its respective Contact Address and to FUNDER at its address set forth in the Agreement.

G9. **<u>CHOICE OF LAW</u>**. EACH GUARANTOR ACKNOWLEDGES AND AGREES THAT THE AGREEMENT AND THIS GUARANTEE WERE MADE IN THE STATE OF NEW YORK, THAT THE PURCHASE PRICE IS BEING PAID BY FUNDER IN THE STATE OF NEW YORK, THAT THE RECEIVABLES PURCHASED AMOUNT IS BEING DELIVERED TO FUNDER IN THE STATE OF NEW YORK, AND THAT THE STATE OF NEW YORK HAS A REASONABLE RELATIONSHIP TO THE TRANSACTIONS ENCOMPASSED BY THE AGREEMENT AND THIS GUARANTEE.

G10. **<u>VENUE AND FORUM SELECTION</u>**. ANY LITIGATION, WHETHER SOUNDING IN CONTRACT, TORT, LAW, EQUITY, OR OTHERWISE, RELATING TO THE AGREEMENT OR THIS GUARANTEE OR INVOLVING FUNDER ON ONE SIDE AND ANY MERCHANT OR ANY GUARANTOR ON THE OTHER MUST BE COMMENCED AND MAINTAINED IN ANY STATE COURT LOCATED IN THE STATE OF NEW YORK, INCLUSIVE OF THE COUNTIES OF KINGS, MONROE, NASSAU, NEW YORK, ONTARIO, SULLIVAN, AND QUEENS (THE "ACCEPTABLE FORUMS").

G11. **<u>JURY WAIVER</u>**. EACH GUARANTOR AGREES TO WAIVE TRIAL BY JURY IN ANY DISPUTE WITH FUNDER.

G12. **<u>COUNTERCLAIM WAIVER</u>**. IN ANY LITIGATION OR ARBITRATION COMMENCED BY FUNDER, NO GUARANTOR WILL BE PERMITTED TO INTERPOSE ANY COUNTERCLAIM.

G13. **<u>STATUTES OF LIMITATIONS</u>**. EACH GUARANTOR AGREES THAT ANY CLAIM, WHETHER SOUNDING IN CONTRACT, TORT, LAW, EQUITY, OR OTHERWISE, THAT IS NOT ASSERTED AGAINST FUNDER WITHIN ONE YEAR OF ITS ACCRUAL WILL BE TIME BARRED.

G14. **<u>LEGAL FEES AND COSTS</u>**. IF AN EVENT OF DEFAULT OCCURS OR FUNDER PREVAILS IN ANY LITIGATION OR ARBITRATION WITH ANY GUARANTOR, THEN EACH GUARANTOR MUST PAY FUNDER'S REASONABLE ATTORNEY FEES, WHICH MAY INCLUDE A CONTINGENCY FEE, AS WELL AS ADMINISTRATIVE OR FILING FEES AND ARBITRATOR COMPENSATION IN ANY ARBITRATION, EXPERT WITNESS FEES, AND COSTS OF SUIT.

G15. **<u>PREJUDGMENT AND POSTJUDGMENT INTEREST</u>**. IF FUNDER BECOMES ENTITLED TO THE ENTRY OF A JUDGMENT AGAINST ANY GUARANTOR, THEN FUNDER WILL BE ENTITLED TO THE RECOVERY OF PREJUDGMENT INTEREST AT A RATE OF 24% PER ANNUM (OR 16% PER ANNUM INSTEAD IF ANY MERCHANT IS A SOLE PROPRIETORSHIP), AND UPON ENTRY OF ANY SUCH JUDGMENT, IT WILL ACCRUE INTEREST AT A POSTJUDGMENT RATE OF 24% PER ANNUM (OR 16% PER ANNUM INSTEAD IF ANY MERCHANT IS A SOLE PROPRIETORSHIP).

G16. **<u>CLASS ACTION WAIVER</u>**. FUNDER AND EACH GUARANTOR AGREE THAT THEY MAY BRING CLAIMS AGAINST EACH OTHER RELATING TO THIS AGREEMENT ONLY IN THEIR INDIVIDUAL CAPACITIES, AND NOT AS A PLAINTIFF OR CLASS ACTION MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDINGS.

G17. **<u>ARBITRATION</u>**. ANY ACTION OR DISPUTE, WHETHER SOUNDING IN CONTRACT, TORT, LAW, EQUITY, OR OTHERWISE, RELATING TO THE AGREEMENT, THIS GUARANTEE, OR INVOLVING FUNDER ON ONE SIDE AND ANY MERCHANT OR ANY GUARANTOR ON THE OTHER, INCLUDING BUT NOT LIMITED TO ISSUES OF ARBITRABILITY, AND INCLUDING, WITHOUT LIMITATION, ANY ACTION OR DISPUTE THAT PREDATES THIS GUARANTEE, WILL, AT THE OPTION OF ANY PARTY TO SUCH ACTION OR DISPUTE, BE DETERMINED BY ARBITRATION IN THE STATE OF NEW YORK.

G18. **<u>SERVICE OF PROCESS</u>**. EACH GUARANTOR CONSENTS TO SERVICE OF PROCESS AND LEGAL NOTICES MADE BY FIRST CLASS OR PRIORITY MAIL DELIVERED BY THE UNITED STATES POSTAL SERVICE AND ADDRESSED TO THE CONTACT ADDRESS SET FORTH FOR THE GUARANTOR IN THIS GUARANTEE OR ANY OTHER ADDRESS(ES) PROVIDED IN WRITING TO FUNDER BY ANY GUARANTOR.

G19. **<u>Severability</u>**. If any provision or any portion of any provision of this Guarantee is deemed invalid or unenforceable as written, it will be construed, to the greatest extent possible, in a manner which will render it valid and enforceable.

G20. **<u>Survival</u>**. The provisions of Sections G2, G3, G4, G5, G6, G7, G8, G9, G10, G11, G12, G13, G14, G15, G16, G17, G18, G19, G20, G21, G22, G23, G24, and G25 shall survive any termination of this Guarantee.

G21. **<u>Headings</u>**. Headings of the various articles and/or sections of this Guarantee are for convenience only and do not necessarily define, limit, describe, or construe the contents of such articles or sections.

G22. **<u>Attorney Review; No Construction Against FUNDER</u>**. Each Guarantor acknowledges that it has had an opportunity to review this Guarantee, the Agreement, and all addenda with counsel of its choosing before signing the documents or has chosen not to avail itself of the opportunity to do so.

G23. **<u>Independent Sales Organizations/Brokers</u>**. Each Guarantor acknowledges that it may have been introduced to FUNDER by or received assistance in entering into this Guarantee from an independent sales organization or broker ("ISO"). Each Guarantor agrees that any ISO is separate from and is not an agent or representative of FUNDER.

G24. **<u>Entire Agreement</u>**. This Guarantee, inclusive of all addenda, if any, executed simultaneously herewith constitutes the full understanding of the parties and may not be amended, modified, or canceled except in writing signed by all parties.

G25. **<u>Counterparts; Fax and Electronic Signatures</u>**. This Guarantee may be executed electronically and in counterparts. Facsimile and electronic copies of this Guarantee will have the full force and effect of an original.

**STANDARD MERCHANT CASH ADVANCE AGREEMENT**

**THE TERMS, DEFINITIONS, CONDITIONS AND INFORMATION SET FORTH IN THE "STANDARD MERCHANT CASH ADVANCE AGREEMENT", INCLUDING THE "TERMS AND CONDITIONS", ARE HEREBY INCORPORATED IN AND MADE A PART OF THIS GUARANTEE. CAPITALIZED TERMS NOT DEFINED IN THIS GUARANTEE SHALL HAVE THE MEANING SET FORTH IN THE STANDARD MERCHANT CASH ADVANCE AGREEMENT, INCLUDING THE TERMS AND CONDITIONS.**

**EACH UNDERSIGNED HEREBY ACCEPTS THE TERMS OF THIS GUARANTEE**

**GUARANTOR (#1)**

---

| | |
|:---|:---|
| Name of Guarantor #1: | **TRAVIS WILLIAM TRAWICK** |
| Type of Entity: | (not a person) |
| SS#: | *[Social Security Number omitted]* |
| Driver License Number: |  |
| Contact Address: | *[Personal address omitted]* |
| E-mail Address: | *[Personal email omitted]* |
| Phone Number: |  |
| Print Name of Person Signing: | TRAVIS WILLIAM TRAWICK |
| Print Title (if Guarantor #1 is not a person): | *(not applicable — Guarantor is a natural person)* |
| Signature: | /s/ TRAVIS WILLIAM TRAWICK |

---

**GUARANTOR (#2)**

---

| |
|:---|
| Name of Guarantor #2: |
| Type of Entity: |
| SS#: |
| Driver License Number: |
| Contact Address: |
| E-mail Address: |
| Phone Number: |
| Signature: |

---

**STANDARD MERCHANT CASH ADVANCE AGREEMENT**

**FINANCIAL INSTITUTION INFORMATION**

Dear Merchant,

We look forward to being your funding partner. You authorize PRISTINE CAPITAL PARTNERS LLC ("FUNDER") to collect the Receivables Purchased Amount under this Agreement by ACH debiting your account with the financial institution listed below.

FUNDER will require viewing access to your account. Please fill out the form below with the information necessary to access your account.

---

| | |
|:---|:---|
| Name of financial institution: | TOWNE BANK |
| Name of account: | ROBOCENT INC |
| Account number: | *[Account number omitted]* |
| Routing number: | *[Routing number omitted]* |
| Financial institution portal website: |  |
| Username: |  |
| Password: |  |
| Security Question/Answer 1: |  |
| Security Question/Answer 2: |  |
| Security Question/Answer 3: |  |
| Any other information: |  |

---

**I have agreed to the terms and conditions set forth above.**

---

| | |
|:---|:---|
| Signature: | /s/ TRAVIS WILLIAM TRAWICK |
| Name: | TRAVIS WILLIAM TRAWICK |
| Title: | Chief Executive Officer |
| Date: | 02/11/2026 |

---

## Add

**Exhibit 6.23**

**FORWARD FINANCING LLC**

**FUTURE RECEIPTS SALE AGREEMENT**

**Effective Date: March 10, 2026**

Referring third party (unrelated to Forward Financing): Fora Financial

Offer ID: AO-0325118

This Future Receipts Sale Agreement ("**Agreement**") dated above, is made by and between Forward Financing LLC, a Delaware limited liability company (together with its successors and/or assigns, "**Purchaser**" or "**Forward Financing**"), and Customer and Principal(s) (as identified below).

**CUSTOMER INFORMATION:**

---

| | |
|:---|:---|
| Customer Legal Name ("Customer"): | FullPAC, Inc. |
| DBA Name: | Fullpac |
| Physical Address: | 1206 Laskin Rd, Virginia Beach, VA 23451 |
| Type of Entity: | Corporation |

---

**PRINCIPAL(S) INFORMATION:**

Name of Principal (1): Travis Trawick <br>Address: *[Personal address omitted]*

**KEY TERMS:**

---

| | |
|:---|:---|
| **Amount Sold: The total dollar amount of Future Receipts being sold by Customer.** | $139000.00 |
| **Purchase Price:** The dollar amount Purchaser is paying to Customer for the Amount Sold. | $100000.00 |
| **Origination Fee:** The fee associated with processing and originating the transaction. This is deducted from the Purchase Price paid to Customer. | $3000.00 |
| **Net Purchase Price:** The net Purchase Price after the Origination Fee is deducted from the Purchase Price paid to Customer. | $**97000.00** |
| Minus funds used to satisfy prior transaction entered with Forward Financing (if any) | $0.00 |
| **TOTAL AMOUNT TO BE DEPOSITED INTO CUSTOMER'S BANK ACCOUNT** (minus $95 if Customer elects to receive funds by wire) | $97000.00 |
| **Monthly Percentage:** The percentage of Customer's Future Receipts that Purchaser may collect each month. | 3% |
| **Weekly Amount:** The dollar amount of Future Receipts that Customer authorizes Purchaser to collect each week. Please refer to Section 1(b) (Adjustment of Weekly Amount) to learn how you can adjust the Weekly Amount. | $3475.00 |

---

Through this Agreement, Customer is selling Future Receipts to Purchaser at a discount. "<u>Future Receipts</u>" as used in this Agreement means any payments received from customers and other third-party payors in exchange for Customer's goods or services, including payments received in any form including but not limited to, cash, check, payment card and electronic transfers.

Accordingly, Customer hereby sells, assigns and transfers Future Receipts totaling the "<u>Amount Sold</u>" to Purchaser (making Purchaser the absolute owner), in exchange for the "<u>Net Purchase Price</u>". The Amount Sold shall be delivered to Purchaser through remittance of the "<u>Monthly Percentage</u>" of Customer's Future Receipts until such time as Purchaser receives the Amount Sold.

In order to simplify Customer's delivery to Purchaser of the Monthly Percentage of Customer's Future Receipts, Customer authorizes Purchaser to ACH debit the "<u>Weekly Amount</u>" every seven (7) days, beginning 7 days after the date the Purchase Price is paid, and continuing every 7 days thereafter, from the bank account (the "<u>Approved Account</u>") into which all of Customer's Future Receipts are deposited, until the earlier of (a) the date on which the full Amount Sold, and any other fees or amounts due under this Agreement, have been received by Purchaser; or (b) the date that is three years from the Effective Date of this Agreement. The parties agree that, based upon information provided by Customer, Purchaser's debiting of the Weekly Amount each week should result in Purchaser receiving an amount of Future Receipts each month that is approximately equal to the Monthly Percentage of Customer's Future Receipts.

The Approved Account is identified in the Authorization Agreement for Direct Deposits (ACH Credits) and Direct Payments (ACH Debits), attached hereto and incorporated herein by reference.

**CUSTOMER ACKNOWLEDGES THAT:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● It is selling a portion of its Future Receipts to Forward Financing at a discount, not borrowing money from Forward Financing. THIS PURCHASE OF FUTURE RECEIPTS IS NOT A LOAN. There is no interest rate associated with this transaction, and no time period during which the Amount Sold must be collected because the Weekly Amount is subject to adjustment based on the Future Receipts actually generated by Customer. Accordingly, there is no fixed rate associated with this transaction.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● This financing may be more expensive than a traditional bank loan. Please review the financial figures listed on the preceding page under "KEY TERMS," and all other terms in this contract.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Weekly Amount is intended to equal the amount of Future Receipts that Purchaser may collect each week in order to collect the Monthly Percentage of Future Receipts each month. If Customer's revenues decline so that collection of the Weekly Amount will result in Purchaser collecting more than the Monthly Percentage of Customer's Future Receipts during a given month, Customer has the right to an adjustment of the Weekly Amount pursuant to Paragraph 1(b)(2) below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● In the event Principal(s) cause(s) or through omission permit(s) Customer to (a) divert Future Receipts away from the Approved Account; (b) allow its account to incur four (4) insufficient funds bounces without providing Purchaser with bank information demonstrating lack of revenues; or (c) block its bank account from Purchaser's access for ACH debits, Principal(s) shall be liable for such actions, as more particularly set out in Paragraph 2 below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● It is not a breach of this Agreement if Customer generates no further Future Receipts or generates Future Receipts less quickly than projected at the time this Agreement is executed, provided that Customer has not breached any other provision of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Forward Financing is entering into this Agreement knowing the risks that Customer's business may slow down or ultimately fail, and assumes these risks based on Customer's representations, warranties and covenants in this Agreement, which are intended to provide Forward Financing with a reasonable and fair opportunity to receive the benefit of its bargain.

This Agreement is by and between Forward Financing and Customer/Principal(s). Any broker or independent sales organization that acted as an intermediary between Forward Financing and Customer/Principal(s) is in no way authorized to act as an agent of Forward Financing, or bind Forward Financing in any way. ***CUSTOMER AND EACH PRINCIPAL ACKNOWLEDGES AND AGREES THAT IT IS NOT ENTERING THIS TRANSACTION BASED ON ANY REPRESENTATIONS OR STATEMENTS MADE BY ANY BROKER, INDEPENDENT SALES ORGANIZATION, INTERMEDIARY OR OTHER PERSON (INCLUDING BUT NOT LIMITED TO ANY THIRD PARTY LISTED AS "REFERRING THIRD PARTY" IN THE LOWER LEFT CORNER OF PAGE 1 OF THIS CONTRACT), AND THAT IT IS RELYING SOLELY ON THE TERMS SET FORTH IN THIS AGREEMENT IN DECIDING TO ENTER INTO THIS TRANSACTION.***

Customer represents and warrants that it is not prohibited from entering this transaction by any other agreement to which Customer or any Principal is a party, including but not limited to any other sale of future receipts agreement, any loan agreement, any organizational documents or otherwise. If Customer or any Principal is found to be in breach of this representation and warranty, the indemnification provisions set forth in Paragraph 9 below shall apply.

**This Future Receipts Sale Agreement is further governed by the following "Terms & Conditions":**

**TERMS & CONDITIONS**

1. <u>Collection of Weekly Amount, Monthly Reconciliation and Adjustment of Weekly Amount</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Collection of Weekly Amount</u>. Customer authorizes Purchaser to collect from the Approved Account the Weekly Amount each week, beginning 7 days after the Purchase Price is paid, and continuing 7 days thereafter, until the earlier of: (a) the date on which the full Amount Sold, and any other fees or amounts due under this Agreement, have been received by Purchaser; or (b) the date that is three years from the Effective Date of this Agreement. Customer agrees to complete all necessary forms to establish and maintain the Approved Account and agrees to deposit or cause to be deposited all funds arising from Future Receipts into the Approved Account. Customer agrees not to deposit any funds into the Approved Account other than funds arising from Future Receipts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>Reconciliations</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) <u>Return of Overages</u>. Customer agrees that, as of the Effective Date of this Agreement, the Weekly Amount represents the parties' best estimate of the amount of Future Receipts that Purchaser may collect each week in order to collect the Monthly Percentage of Future Receipts each month. If the Weekly Amounts collected by or delivered to Purchaser during any given calendar month exceeded the Monthly Percentage of Future Receipts actually generated during that calendar month ("Overage") Customer has the right to receive a return of such Overage. To receive a return of an Overage, Customer may send a request for a return of an Overage to reconciliation@forwardfinancing.com (the "Designated Email") and include either (a) confirmation that read-only access to the Approved Account exists for Purchaser, or (b) complete bank statements for the calendar month at issue. This notice must be sent by the 90th day following the end of the relevant month. If Customer provides a timely Reconciliation Notice to Purchaser at the Designated Email, then Purchaser shall reconcile Customer's account by crediting the Overage due back to the Approved Account via ACH transaction ("Monthly Reconciliation") within ten (10) Business Days of receiving the Reconciliation Notice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) <u>Adjustment of Weekly Amount</u>. If at any time Customer's actual Future Receipts have decreased such that Purchaser will be receiving an amount of Future Receipts that varies from the Monthly Percentage of Customer's Future Receipts, then Customer has the right to a adjustment of the Weekly Amount ("Adjusted Weekly Amount") by sending to the Designated Email (reconciliation@forwardfinancing.com) a notification of its intent to exercise its right to an Adjusted Weekly Amount, along with bank statements evidencing all customer receipts for the prior thirty (30) days. Upon receiving such information, Purchaser shall calculate the Adjusted Weekly Amount by multiplying the Future Receipts actually generated during the prior thirty (30) days by the Monthly Percentage, and then dividing that product by 20, which represents the average number of Business Days in a month, and multiplied by five (5), which represents the number of Business Days in a week. Customer shall be entitled to remit the Adjusted Weekly Amount for a period of fourteen (14) days, and continue remitting the Adjusted Weekly Amount for as long as it continues to provide bank statements warranting the adjustment every fourteen (14) days thereafter. If at the end of any fourteen (14) day period, the Customer has not provided updated bank statements demonstrating a continued adjustment is warranted, the Weekly Amount will revert back to the amount stated under the "KEY TERMS" section of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <u>Conversion of Daily Payments</u>. In the event Customer misses two (2) consecutive weekly payments, Forward shall, on the next Business Day following the second missed payment, convert the payment schedule from weekly to daily payments. The amount of each daily payment shall be calculated by dividing the weekly payment amount into five (5) equal payments. Daily payments will be drawn from the Approved Account on each Business Day.

2. <u>Principal(s)'s Guarantee of Performance and Liability For Breach of Representation, Warranty or Covenant</u>. Each Principal signing this Agreement agrees that it shall not undertake any action or through omission permit Customer to divert its revenues or intentionally deprive Customer of the value of assets purchased. Accordingly, each Principal irrevocably and unconditionally guarantees to Purchaser prompt and complete performance of the following Customer obligations: (a) not to deposit customer receipts anywhere other than the Approved Account (per Paragraphs 6(v) below); (b) not to block Purchaser's access to the Approved Account (per Paragraph 6(vi) below); (c) to provide Purchaser with bank or other financial statements demonstrating a decrease in revenues in the event there are four (4) or more consecutive Returned ACH Events, as described in Paragraphs 5(c) and 6(vii) below; (d) to provide truthful, accurate, timely and complete information as required by this Agreement; and (e) to comply with all Customer obligations related to any sale of the business, as outlined in paragraph 6(x). In the event a breach of any of the above listed obligations occurs, Principal(s) assume(s) and jointly and severally guarantee(s) the full, complete and timely performance of Customer's obligations hereunder. **The parties agree that, provided that Customer has not violated any of the representations, warranties or covenants in this Agreement, it shall not constitute a breach of this Agreement if Customer generates no further Future Receipts and therefore has no funds to remit the Amount Sold.**

3. <u>Authorization to File UCC Financing Statements</u>. The sale of Future Receipts by Customer to Purchaser pursuant to this Agreement are "accounts", "general intangibles" or "payment intangibles" as those terms are defined in the Uniform Commercial Code ("UCC"), and such a sale constitutes a true and complete sale, conveying good title to the Future Receipts, from Customer to Purchaser. To the extent the Future Receipts are "accounts" or "payment intangibles" then (i) the sale of the Future Receipts creates a security interest as defined in the UCC, (ii) this Agreement constitutes a "security agreement" under the UCC and (iii) Purchaser has all the rights of a secured party under the UCC with respect to such Future Receipts. Customer authorizes Purchaser to file a financing statement pursuant to the UCC to evidence such a sale. The UCC financing statement may state that the sale of the Future Receipts is intended to be a sale and not an assignment for security. Customer and each Principal agree to execute any documents or take any action in connection with this Agreement that Purchaser deems necessary to perfect or maintain Purchaser's interest in the Future Receipts purchased pursuant to this Agreement. Customer further agrees that, in event of breach of this Agreement, Purchaser may notify account debtors or other persons obligated on the Future Receipts, of Customer's sale of the Future Receipts and may instruct them to make payment or otherwise render performance to or for the benefit of Purchaser.

4. <u>Right to Cancel</u>. Customer may cancel this transaction at any time prior to midnight of the second Business Day after Purchaser forwards the Net Purchase Price to Customer ("Cancellation Deadline"). To cancel the transaction, Customer must return the full Purchase Price to Purchaser by the Cancellation Deadline. Upon the Purchase Price being returned, all Parties to this Agreement shall be deemed to have released each other from any claims or liabilities related to this Agreement.

5. <u>Fees and Damages</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Origination Fee</u>. Customer agrees to pay Purchaser the Origination Fee listed under the "KEY TERMS" section of this Agreement. Purchaser will deduct the amount of the Origination Fee from the Purchase Price that is to be paid to Customer.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>Bank Wire Fee</u>. Customer may request to receive payment of the Net Purchase Price by wire transfer. Purchaser has sole discretion in determining whether it will agree to such a request. In the event Purchaser pays the Purchase Price by wire transfer, Customer agrees to pay Purchaser a $95 fee, which includes the administrative, technological and banking costs for paying by wire transfer. Purchaser will deduct this fee from the Purchase Price that is to be paid to Customer.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <u>Returned ACH Fee</u>. Customer agrees to pay Purchaser promptly upon demand a fee of $35 (a "Returned ACH Fee") if an electronic debit is returned unpaid or cannot be processed, or if a check, draft or similar instrument issued by Customer or anyone on its behalf is not honored or cannot be processed. At Purchaser's option, Purchaser will assess this fee any time a debit is not honored or paid, even if it is later honored or paid following resubmission. Customer and any individual that signs this Agreement authorize Purchaser to resubmit returned debits in its discretion. Any check, draft or similar instrument may be collected electronically if returned for insufficient or uncollected funds. Customer will be in breach of the covenant set forth in Paragraph 6(vii) of this Agreement if it accumulates four (4) consecutive Returned ACH Fees during the course of the Agreement, and does not provide Purchaser with bank statements demonstrating decreased revenues within five (5) calendar days of the first Returned ACH Fee. **It is expressly agreed that if Customer is not generating sufficient Future Receipts to satisfy the Weekly Amount, Customer has the obligation to request a reconciliation of the Weekly Amount, as provided for in Paragraph 1(b)(2) above, rather than incur Returned ACH Fees.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <u>Blocked Account Damages</u>. If Customer puts a block on the Approved Account or takes any such action that would prevent Purchaser from debiting the Approved Account as permitted by this Agreement, which action will constitute Customer's breach of the covenant set forth in Paragraph 6(vi) below, Customer agrees to pay Purchaser a fee of $2,500, plus all other damages permissible under this Agreement. The parties agree that this fee is a good faith estimate of the costs incurred by Purchaser caused by such a breach of the Agreement, including the increased resources required to be expended by Purchaser to respond to the breach, the increased cost of funds to Purchaser caused by the failure to receive expected funds, the risk to Purchaser's ability to request ACH debits through the NACHA system caused by initiating rejected ACHs and other damages and expenses caused by the breach.

6. <u>Customer's Representations, Warranties and Covenants</u>. Customer represents, warrants and covenants that as of the Effective Date, and during the course of this Agreement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Customer will use the Purchase Price solely for legal business purposes and will not use the Purchase Price for personal, family or household purposes;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Customer has disclosed all active financial obligations in which it has sold, collateralized, or encumbered its Future Receipts;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) In the event that by entering this Agreement, Customer or any Principal will be in breach of the terms of any other agreement to which either is subject (including but not limited to any other financing agreements, organizational documents, etc.), Customer agrees to remedy such breach within 24 hours of receiving funding under this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Customer is in compliance with all laws applicable to Customer's business and has all permits, licenses, approvals, consents and authorizations necessary to conduct its business and will promptly pay all necessary taxes, including but not limited to employment, sales and use taxes;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) Customer will deposit all funds arising from Future Receipts into the Approved Account;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) Customer will not block Purchaser from, and will provide Purchaser with full access to, the Approved Account, as described in Paragraphs 5(d) and 8 herein;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) Because it is Customer's responsibility to alert Purchaser if it is generating Future Receipts insufficient to pay the Weekly Amount, in the event that the Approved Account accumulates four (4) consecutive Returned ACH Events, Customer will provide Purchaser with bank statements demonstrating a decrease in revenues within five (5) calendar days of the first Returned ACH Event (as defined in Paragraph 5(c) above);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) Customer will provide Purchaser legible, complete and unredacted copies of all bank statements from Customer's banks, financial information regarding Future Receipts from credit card processors and other Receivables Recipients (as that term is defined in Paragraph 12 below) within five (5) calendar days of a request by Purchaser;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) Customer will permit Purchaser to conduct a site inspection of Customer's business, including an inspection of Customer's credit card terminals, at any reasonable time during the course of this Agreement with or without notice to Customer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) Because Purchaser has entered into this Agreement based on the current operations of Customer, Customer will not undertake any transaction involving the sale of Customer, either by an issuance, sale or voluntary transfer of ownership interests in Customer that results in a change in ownership or voting control of Customer, or by a sale or transfer of substantially all of the assets of Customer, without 1) prior written notice to Purchaser and 2) obtaining the new majority owner(s)'s signed agreement to perform the obligations of Principal(s) and otherwise abide by all terms of this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) All information provided by Customer to Purchaser in this Agreement, Customer's funding application, Customer's interview with Purchaser or otherwise and all of Customer's financial statements and other financial documents provided to Purchaser, are true, correct, complete and accurately reflect Customer's financial condition and results of operations at the time such information and materials were provided to Purchaser;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xii) As of the Effective Date of this Agreement, Customer is not contemplating the filing of a bankruptcy proceeding, closing Customer's business, winding down Customer's business operations, or selling Customer's business and has no reason to believe that a bankruptcy petition or other proceeding will be filed or brought against it;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiii) Customer and Principal(s) have full power and authority to enter into and perform the obligations under this Agreement and Principal(s) collectively represent a majority ownership of the Customer; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiv) Customer and Principal(s) have not committed, and will not commit, fraud in connection with the negotiation or execution of, or performance under, this Agreement.

The violation by Customer of any of the representations, warranties and covenants in this Paragraph 6 will constitute a breach of the Agreement by the Customer, *provided that* if Customer breaches subparagraph 6(vi) (blocked accounts) due to a decrease in receivables, then customer shall have five (5) days to cure such breach by contacting Purchaser and further complying with the provisions of Paragraph 1(b)(2).

7. <u>Telephone Monitoring, Recording and Contacts</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Customer and each Principal consents by electronic signature and expressly authorizes Purchaser, its affiliates, agents and independent contractors to contact Customer or any Principal by telephone using any kind of telecommunications or telephony technology, including but not limited to telephone, cellular telephone, automatic telephone dialing system, automated or automatic dialer, artificial intelligence (AI) system, artificial or prerecorded voice systems, or text messaging system, for informational, transactional, debt collection, marketing, sales or any other purposes. Customer and each Principal understand and agree that their express consent and authorization to such telephonic communications are not required to purchase products or services from Purchaser, its affiliates, agents or independent contractors. Customer and each Principal further expressly consent and agree that any of these telephonic communications may be monitored or recorded for any purposes. Customer and each Principal agree that their express consent and authorization to telephonic communications from Purchaser, its affiliates, agents and independent contractors extends to all telephone numbers (including wireless, landline and voice over IP numbers) that Customer or any Principal provides to Purchaser, from which Customer or any Principal calls Purchaser, or at which Purchaser believes it can reach Customer or any Principal. Customer and each Principal agree that anyone with access to their telephone or email account(s) may listen to or read the messages that Purchaser leaves or sends to Customer or any Principal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Customer and each Principal agrees to provide immediate Notice to Purchaser if Customer or any Principal changes telephone numbers or is no longer the subscriber or usual user of a telephone number that Customer or any Principal provides to Purchaser. To stop Purchaser's marketing text messages, Customer may reply "STOP" to the text message; to stop Purchaser's marketing emails, Customer must follow the opt-out instructions provided at the bottom of such emails.

8. <u>Bank Account Access</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) If requested by Purchaser, Customer agrees to provide Purchaser with read only streaming access to the Approved Account, via a secure third party banking link, or, if no banking link is available that can connect to the Approved Account, by providing all necessary passwords and online log-in information for Purchaser to access the Approved Account for the purposes set forth elsewhere herein.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Customer and each Principal authorize Purchaser and its affiliates to indefinitely store the read only data contained in any streaming bank account to which Customer provides Purchaser access, to utilize this data for any purpose described in this Agreement, to develop and improve automated tools that assist with the efficiency and quality of financing, to analyze and understand the impact of our financing and how we may better serve our customers, to develop aggregated data about our customers and our financing, to market, and/or to determining Customer's eligibility to enter into any future agreement with Purchaser, and any other business purpose.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Customer and each Principal may disconnect read only access at any time after Customer's payment obligation to Purchaser has been satisfied. The obligation to disconnect read only access is exclusively on the Customer.

9. <u>Indemnification For Claims Brought By Third Parties</u>. It is expressly agreed that Customer and each Principal, jointly and severally, shall assume liability for and do hereby agree to indemnify and hold harmless Purchaser and its agents, affiliates and representatives, from and against any and all losses, damages, claims, penalties, liabilities and expenses (including reasonable attorneys' fees and in-house attorneys' fees) of any nature whatsoever imposed on, incurred by or asserted against Purchaser or its agents, affiliates and representatives, in any way relating to or growing out of any claim by any third party that this Agreement violates the terms of any other agreement to which Customer or any Principal is subject.

10. <u>Mandatory Arbitration of Disputes / Waivers</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All disputes and claims that any party may have, now or in the future, of any kind or nature whatsoever with or against any other party or its affiliates arising out of or relating to this Agreement, shall be settled by arbitration administered by either the American Arbitration Association ("AAA") in accordance with its Commercial Arbitration Rules, or Resolute Systems, LLC in accordance with its Financial Dispute Arbitration Rules. In any arbitration matter brought before the AAA, regardless of claim amount, interest, and/or arbitration fees and costs, the Expedited Procedures of the Commercial Arbitration Rules shall apply. In any arbitration matter brought before Resolute Systems, LLC, exclusive of claim amount, interest, and/or arbitration fees and costs, the Document Submission only Procedures of the Financial Dispute Arbitration Rules shall apply. Judgment on the award rendered by the arbitrator will be final and binding, and may be entered in any court having jurisdiction thereof. A party may demand arbitration any time after the dispute or claim in question has arisen even if a lawsuit has been filed. The Parties agree to accept service of the demand in the manner prescribed in Paragraph 20. This Paragraph 10 is a material inducement for Purchaser to enter into this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Except as prohibited by law, the arbitration proceedings shall be conducted in confidence, and all documents, written testimony and records therein shall be received, heard and maintained by the arbitrator in confidence, available for inspection only by the parties, their respective attorneys and experts, who shall agree, in advance and in writing, to maintain the confidentiality of such information. The parties shall be allowed adequate discovery as part of the arbitration process, meaning reasonable access to essential documents as determined by agreement or the arbitrator. Parties may choose to present written testimony to support their positions through the submission of written affidavits, in accordance with the documents-based format.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) All arbitration matters shall be conducted by and decided on document submissions by the parties. All necessary hearings associated with arbitration matters shall be conducted telephonically, with case management hearings held only if necessary. The arbitrator shall issue a "standard" form of award, which shall state only the relief to which the parties are or are not entitled. Except as otherwise specified herein, the arbitrator shall have the authority to award equitable relief, damages, costs and fees to the extent permitted by law, including but not limited to, any remedy or relief that a governing court might order; provided, however, that the arbitrator may not award any declaratory, injunctive or other relief for the benefit of the general public or any third party. If a court decides that applicable law precludes enforcement of the foregoing limitations as to a claim for injunctive relief, then after all appeals from that decision have been exhausted, that claim (and only that claim) must be severed from the arbitration and may be brought in court after the arbitration of the remaining claims has been concluded.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) The parties agree that this Agreement, any arbitration under this Agreement and any arbitration award rendered in such arbitration shall be governed by the Federal Arbitration Act and the applicable laws of the Commonwealth of Massachusetts. The parties further agree that the arbitrator shall determine all issues and disputes including those related to arbitrability, including but not limited to the meaning, construction, validity, scope and/or enforceability of this Paragraph 10.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) <u>Class Action Waiver</u>. **EACH PARTY AGREES THAT ANY CLAIMS MUST BE BROUGHT ON AN INDIVIDUAL BASIS; CLASS ACTIONS ARE NOT PERMITTED. NO PARTY MAY BRING AN ACTION IN A CLASS OR REPRESENTATIVE MATTER, REGARDLESS OF WHETHER SUCH CLAIM IS BROUGHT AS LITIGATION OR ARBITRATION. EACH PARTY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES ITS RIGHT TO PARTICIPATE IN A CLASS ACTION, PRIVATE ATTORNEY GENERAL ACTION, CLASS ARBITRATION OR OTHER REPRESENTATIVE ACTION IN ANY MATTER BROUGHT AGAINST ANY OTHER PARTY. FURTHER, THE PARTIES AGREE THAT IN ANY ARBITRATION MATTER, THE ARBITRATOR MAY NOT CONSOLIDATE PROCEEDINGS FOR MORE THAN ONE PARTY'S CLAIMS, EXCEPT FOR CLAIMS BY OR AGAINST CUSTOMER AND/OR RELATED PRINCIPAL(S).**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) <u>Severability of Arbitration Provision</u>. If any portion of this Paragraph 10 is deemed invalid or unenforceable, the remaining portions shall nevertheless remain in force. However, if a determination is made with respect to any claim that the class action waiver in Paragraph 10(e) ("Class Action Waiver") is unenforceable, only this Section (f) of Paragraph 10 will remain in force with respect to that claim and the remaining provisions of this Paragraph 10 shall be null and void, provided that the determination concerning the Class Action Waiver shall be subject to appeal.

11. <u>Jury Trial Waiver</u>. **UNLESS PROHIBITED BY LAW, THE PARTIES HEREBY KNOWINGLY, VOLUNTARILY, INTENTIONALLY, WITHOUT DURESS AND AFTER DISCUSSING OR HAVING THE OPPORTUNITY TO DISCUSS THIS WAIVER WITH THEIR ATTORNEYS, WAIVE THE RIGHT TO A TRIAL BY JURY WITH RESPECT TO ANY CONTROVERSY, DISPUTE OR CLAIM, INCLUDING ALL CLAIMS SOUNDING IN CONTRACT OR TORT, ARISING FROM OR RELATING TO THIS AGREEMENT OR ANY TRANSACTION CONTEMPLATED HEREIN. THIS WAIVER OF TRIAL BY JURY PROVISION IS A MATERIAL INDUCEMENT FOR PURCHASER TO ENTER INTO THIS AGREEMENT.**

12. <u>Financial Condition and History</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Customer and Principal(s) authorize Purchaser and its agents to investigate their financial condition and history, including each Principal's consumer report, and authorize each of Customer's card processors and other recipients of Customer's Receivables ("Receivables Recipients"), as well as any of Customer's customers, to provide Purchaser with Customer's payment card, check processing and customer payment activity statements and any other reasonably requested information on Customer upon Purchaser's request during the term of this Agreement. Customer and each Principal authorize Purchaser and its affiliates that now or in the future may offer products and/or services to obtain a consumer or business credit report and a background report on Customer and each Principal that signs this Agreement at any time during the term of this Agreement, for as long as Customer or Principal(s) continue to have any payment obligation to Purchaser, or for up to three (3) years after Customer fully completes all of its payment obligations under this Agreement, for purposes of Purchaser's (i) reviewing, monitoring, and maintaining the account for fraud, performance, financial health, collection activity, upgrades and enhancements, (ii) determining Customer's or Principal(s)'s eligibility to enter into any future agreement with Purchaser or its affiliates for any product or service Purchaser or an affiliate offers now or in the future, and (iii) determining the terms Purchaser or an affiliate offers to Customer or Principal(s) with respect to any product or service Purchaser or an affiliate offers now or in the future. Customer will provide to Purchaser within five (5) days of a request by Purchaser any reasonably requested documents relating to Customer's financial condition and history including but not limited to, Customer's bank statements, financial statements, tax returns and credit card and check processing activity statements. Such documents shall be legible, complete and unredacted. A photocopy of this authorization will be deemed acceptable for release of financial information.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Customer agrees that Purchaser may share information regarding the Amount Sold and/or payments made or owed by Customer to Purchaser in accordance with this Agreement with: (i) its affiliates, (ii) any broker or other third party that introduced Customer to Purchaser and any of Customer's existing funders or creditors; (iii) any attorney, accountant, financial advisor or employee for the purpose of advising Purchaser; and (iv) any credit reporting entities for the purpose of reporting Customer's performance under this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Customer and Principal(s) may revoke this authorization at any time by emailing notices@forwardfinancing.com.

13. <u>Indemnification of Card Processors, Other Receivables Recipients and Customers</u>. Customer and each Principal agree to jointly and severally indemnify and hold harmless Purchaser and its agents from each of Customer's card processors and other Receivables Recipients, and each of their respective officers, directors and shareholders against all losses, damages, claims, liabilities and expenses (including reasonable attorneys' fees and in-house attorneys' fees) incurred by Customer's card processor or other Receivables Recipient resulting from (i) claims asserted by Purchaser for monies owed to Purchaser as a result of Customer's breach of this Agreement and (ii) actions taken by Customer's card processor or other Receivables Recipient in reliance upon information or instructions provided by Purchaser. Customer agrees to promptly, but in no event more than three (3) Business Days from Customer's receipt of such request from Purchaser and/or credit card processor or other Receivables Recipient, execute any authorizations or other documents that a credit card processor, other Receivables Recipient or customer may require in order to release funds directly to Purchaser.

14. <u>Reliance on Terms</u>. Paragraphs 12 and 13 of this Agreement are agreed to for the benefit of Customer, Purchaser and each of Customer's card processors and other Receivables Recipients, and notwithstanding the fact that each of Customer's card processors, other Receivables Recipients and customers is not a party to this Agreement, each of Customer's card processors, other Receivables Recipients and customers may rely upon their terms and raise them as a defense in any action.

15. <u>Closing of Customer's Business</u>. Provided that Customer has not violated any of the representations, warranties and covenants in this Agreement, upon written Notice to Purchaser by Customer, and provision of such reasonable proof as requested by Purchaser, that the Customer has closed its business and is no longer generating Future Receipts, Purchaser agrees that it shall have no further right to collect Weekly Amounts or Adjusted Weekly Amounts.

16. <u>Remedies</u>. In the event Customer breaches or violates any provision of this Agreement, including but not limited to the representations, warranties and covenants made in Paragraph 6 above: (i) Purchaser shall be entitled to all remedies available under the law; and (ii) in any action for damages, Purchaser shall be entitled to the "Uncollected Future Receipts" (defined as Amount Sold less the amount of Future Receipts received by Purchaser) plus any fees due to it under this Agreement. **Because the transaction evidenced by this Agreement is not a loan, if Customer closes its business and has not violated any of the representations, warranties and covenants in this Agreement, there shall be no default or breach of this Agreement, as long as Customer has submitted an amount equal to the Monthly Percentage of Future Receipts through the date of business closure.**

17. <u>Indemnification of Purchaser for Breach; Attorneys' Fees and Costs</u>. Customer and Principal(s) shall jointly and severally indemnify and hold harmless Purchaser and its agents from and against any and all liabilities, claims, obligations, damages, penalties, losses, actions and suits of whatsoever nature incurred by Purchaser or its agents, in any way relating to or arising out of this Agreement, but specifically any claim that Customer or any Principal has breached this Agreement, including, without limitation, and to the extent not prohibited by applicable law, the payment of all costs and expenses of every kind for the enforcement of Purchaser's rights and remedies hereunder and/or the collection of amounts due to Purchaser hereunder, including but not limited to reasonable attorneys' fees, in-house attorneys' fees, arbitration and court costs and collection agency costs (collectively, "Indemnified Amounts").

18. <u>Limitation of Liability</u>. Except where prohibited by law, Purchaser and any of its affiliates, employees, and representatives will not be liable to Customer or Principal(s) under any legal theory for lost profits, revenue, goodwill or business opportunities, or any punitive, indirect or consequential damages, based in tort, contract, negligence or otherwise, all of which are waived by Customer and Principal(s). In the event these claims are nonetheless raised, Customer or Principal(s) will be liable for all of Purchaser's legal fees and expenses resulting therefrom. With respect to any claims Customer or Principal(s) may have against Purchaser, Customer's sole remedy will be actual money damages that shall not exceed the amount of any funds delivered to Purchaser.

19. <u>Prior Claims Waiver</u>. Unless prohibited by law, upon the Effective Date, the Customer and Principal(s) hereby irrevocably waive and release Purchaser and any of its affiliates, employees, and representatives from any and all claims, demands, causes of action, and liabilities of any nature, whether known or unknown, arising out of or in connection with any previous agreement entered into between Purchaser and Customer or Principal(s) prior to the Effective Date of this Agreement. This waiver shall not affect any rights or obligations arising from or related to this Agreement or any claims that arise after the Effective Date of this Agreement.

20. <u>Notices</u>. Except as otherwise provided herein, each Party giving any notice or other communication ("Notice") pursuant to this Agreement shall do so by email. Notice to Customer and Principal(s) shall be sent to their email addresses as shown on the front page of this contract, and notice to Purchaser shall be sent to notices@forwardfinancing.com. If an email bounces or otherwise cannot be delivered, then notice shall be sent to the physical mailing address listed on the front page of this Agreement. Any party changing its email or physical address shall provide Notice to all other parties. If an addressee rejects or otherwise refuses to accept a Notice, or if the Notice cannot be delivered by both email and physical mail because of a change in address for which no Notice was given, then such Notice shall be deemed to have been received upon the rejection, refusal or inability to deliver.

21. <u>Assignment</u>. Customer and Principal(s) shall not assign their rights or obligations under this Agreement or any interest in this Agreement without the prior written consent of Purchaser, which consent may be withheld in Purchaser's sole discretion. Purchaser reserves the right to assign this Agreement or any interest under this Agreement without prior notice to Customer or Principal(s).

22. <u>Non-waiver</u>. Purchaser's failure to exercise, or delay in exercising, any right under this Agreement, will not constitute a waiver of any such right.

23. <u>Definitions and Interpretation</u>. "Customer" shall be interpreted to include Customer and each Principal unless such interpretation would be redundant or inapplicable. All paragraph and section headings in this Agreement are inserted for convenience only and are not intended to affect the interpretation of the Agreement.

24. <u>Construction</u>. No provision of this Agreement shall be construed or enforced against any party hereto because such party drafted or caused to be drafted such provision; all provisions shall be construed as if they had been drafted by all parties hereto.

25. <u>Consent to Publication</u>. By signing this Agreement, Customer and Principal(s) agree that Purchaser may republish any reviews, testimonials or other statements that Customer or Principal(s) makes publicly regarding Purchaser.

26. <u>Use of Information</u>. Customer and Principal(s) agree that any information it provides to Purchaser, including but not limited to personally identifiable information, may be used or disclosed for business purposes by Purchaser and any of its affiliates, employees, and representatives in its discretion, without the need for prior consent, unless otherwise prohibited by law.

27. <u>Miscellaneous</u>. This Agreement shall be binding upon Customer and Principal(s) and inure to the benefit of Purchaser, its successors and assigns. This Agreement constitutes the entire Agreement between the parties, and no representations, agreements or understandings of any kind, either written or oral, shall be binding upon the parties unless expressly contained herein. The parties may modify any of the terms of this Agreement or amend this Agreement only by a written document signed by all parties. If any of the provisions of this Agreement are determined to be invalid, illegal or unenforceable in any respect, the remaining provisions shall not be affected in any manner. The parties agree to execute such further and additional documents, instruments and writings as may be necessary for the purpose of fully effectuating the terms and provisions of this Agreement. Electronic signatures hereto shall be deemed acceptable for all purposes. Paragraphs 2, 7, 9-12, 16-18, 20, and 23-25 shall survive any termination, satisfaction or cancellation of this Agreement.

28. <u>Severability</u>. Except as provided otherwise in Paragraph 10, if any provision of this Agreement is deemed to be void or unenforceable by a court of competent jurisdiction or any governmental agency, that provision will continue to be enforceable to the extent permitted by that court or agency, and the remainder of that provision will no longer be considered as part of this Agreement. All other provisions of this Agreement will, however, remain in full force and effect.

29. <u>Privacy</u>. Purchaser's privacy policy can be found at: https://www.forwardfinancing.com/privacy-policy/. Purchaser's privacy policy for California residents can be found at: https://www.forwardfinancing.com/privacy-policy/#californiaprivacypolicy/.

EACH PARTY ACKNOWLEDGES THAT THEY HAVE READ, UNDERSTAND AND AGREE TO THE TERMS OF THIS "FUTURE RECEIPTS SALE AGREEMENT" AND UPON EXECUTION OF THE AGREEMENT SHALL BE OBLIGATED TO ALL OF THE FOREGOING TERMS AND CONDITIONS—INCLUDING THE JURY TRIAL WAIVER AND CLASS ACTION WAIVER—AND THE AUTHORIZATION AGREEMENT FOR DIRECT DEPOSITS (ACH CREDITS) AND DIRECT PAYMENTS (ACH DEBITS) AND ANY OTHER EXHIBITS, ADDENDA OR SCHEDULES THAT MAY BE ADDED OR ATTACHED HERETO. The person executing this Agreement on behalf of Customer warrants and represents that he/she is authorized to bind Customer to all of the terms and conditions set forth in this Agreement and that all of the information provided herein is true and accurate in all respects. Purchaser's payment of the Purchase Price shall be deemed Purchaser's acceptance of this Agreement, notwithstanding any failure by Purchaser to sign this Agreement.

**ANY MISREPRESENTATION MADE BY CUSTOMER OR ANY PRINCIPAL IN CONNECTION WITH THIS AGREEMENT MAY CONSTITUTE FRAUD OR INTENTIONAL MISREPRESENTATION.**

---

| | | |
|:---|:---|:---|
| **Forward Financing LLC** | **Customer (Business)** | **Customer (Business)** |
| Signature: | Signature: | */s/ Travis Trawick* |
| Name: | Name: | Travis Trawick |
| Title: | Title: | Owner |
| Date: | Date: | March 10, 2026 |
|  | **Principal 1 (individually)** | **Principal 1 (individually)** |
|  | Signature: | */s/ Travis Trawick* |
|  | Name: | Travis Trawick |
|  | Date: | March 10, 2026 |

---

**FORWARD FINANCING LLC**

**AUTHORIZATION AGREEMENT FOR DIRECT DEPOSITS (ACH CREDITS) AND DIRECT PAYMENTS (ACH DEBITS)**

This Authorization Agreement for Direct Deposits (ACH Credits) and Direct Payments (ACH Debits) (the "Authorization") is part of (and incorporated by reference into) the Future Receipts Sale Agreement (the "Agreement").

All capitalized terms used in this Authorization shall have the same meaning assigned to such terms in the Agreement unless otherwise noted herein.

**DISBURSEMENT OF PURCHASE PRICE AND OTHER AMOUNTS OWED TO CUSTOMER.** By signing below, Customer authorizes Purchaser to disburse, by initiating an Automated Clearing House ("ACH") credit to the checking account(s) identified below or any other deposit account that Customer specifies as belonging to it (hereinafter referred to as the "Approved Account"), (i) the Purchase Price set forth in the Agreement less the amount of any applicable fees; and (ii) any Monthly Reconciliation and other amounts that Customer may become entitled to under the Agreement. In the event Purchaser makes an error in disbursing the Purchase Price, Customer authorizes Purchaser to initiate a credit or debit to correct the error.

**WEEKLY ACH COLLECTIONS.** By signing below, Customer enrolls in Purchaser's Automatic Collection Program and authorizes Purchaser to collect each week the Weekly Amount of Future Receipts (or Adjusted Weekly Amount of Future Receipts, if applicable) and any fees or other amounts that Customer owes Purchaser pursuant to the Future Receipts Sale Agreement by initiating ACH debits to the Approved Account in accordance with the terms of the Agreement. Customer irrevocably authorizes Purchaser (which includes for the purposes of this Authorization, Purchaser's agents, service providers, successors and assigns) to initiate electronic debit entries via the ACH network or similar network to the Approved Account or any substitute bank accounts Customer later identifies for any amounts due to Purchaser, including Weekly Amounts and Adjusted Weekly Amounts, on or after the dates such amounts come due. Customer will not allow the Approved Account (or any later identified substitute account) to be closed or replaced unless Customer provides Purchaser at least ten (10) days' advance written Notice and sufficient information and documentation for Purchaser to update its records relating to a replacement bank account. The Notice must be sent to notices@forwardfinancing.com. If Purchaser is unable to withdraw amounts from Customer's account for any reason, Customer agrees to pay Purchaser a $35 Returned ACH Fee for each such occurrence as set forth in the Agreement in addition to all other remedies available to Purchaser. Customer authorizes Purchaser to initiate a separate debit to the Approved Account (or any later identified substitute account) for the Returned ACH Fee or to add this fee to a debit for a subsequent Weekly Amount or Adjusted Weekly Amount. In the event Purchaser makes an error in initiating a debit or credit, Customer authorizes Purchaser to initiate a credit or debit to correct the error. To the extent that Purchaser initiates debits over the ACH network, Customer agrees to be bound by the rules governing the ACH network. Customer agrees that it will not cancel this Authorization or instruct any depository holding Future Receipts that Purchaser has purchased to reject Purchaser's debits. In the event that Customer breaches the Agreement by (as discussed in the Agreement) intentionally blocking Purchaser's access to the Approved Account, or incurring four (4) Returned ACH Fees without providing bank statements, Customer authorizes Purchaser to debit any and all accounts controlled by Customer or any entity with the same federal tax identification number as Customer up to the total amount due to Purchaser under the Agreement.

**BUSINESS PURPOSE ACCOUNT.** By signing below, Customer attests that the Approved Account was established for business purposes and not for personal, family or household purposes.

**ACCOUNT CHANGES.** Customer agrees to provide prompt Notice to Purchaser if there are any changes to the Approved Account and/or routing numbers of the Approved Account.

**MISCELLANEOUS.** Purchaser is not responsible for any fees charged by Customer's bank as the result of credits or debits initiated under this Agreement. The origination of ACH transactions to Customer's bank accounts, including but not limited to, the Approved Account, must comply with the provisions of U.S. law.

**Depository Name:** Column N.A.

**Business Name:** FullPAC, Inc. **Account No:** *[Account number omitted]*

---

| | | | |
|:---|:---|:---|:---|
| Signature: | */s/ Travis Trawick* | Title: | Owner |
| Name: | Travis Trawick | Date: | March 10, 2026 |

---

**FORWARD FINANCING LLC**

**FUTURE RECEIPTS SALE AGREEMENT ADDENDUM**

VIA EMAIL

FullPAC, Inc.

1206 Laskin Rd

Virginia Beach, VA 23451

March 10, 2026

**RE: Forward Financing / Early Delivery Discount**

We refer to the Future Receipts Sale Agreement dated March 10, 2026 (as amended from time to time, the "Agreement") between FullPAC, Inc. ("Customer") and Forward Financing LLC ("Purchaser" or "Forward Financing"). Capitalized terms used and not defined in this addendum have the meanings as used in the Agreement. Pursuant to the Agreement, Forward Financing has agreed to pay Customer the amount of the "Purchase Price" (as set forth in the Agreement) in exchange for the "Amount Sold" (as set forth in the Agreement) of Customer's Future Receipts. The Parties desire to add the following terms to the Agreement:

Customer and Forward Financing hereby agree that notwithstanding anything to the contrary in the Agreement, Customer has the right (but not the obligation) to request an early delivery discount as outlined below. Customer is not entitled to an early delivery discount when using funds provided by Forward Financing to satisfy an outstanding balance.

&nbsp;&nbsp;&nbsp;&nbsp;A. Customer may request an early performance discount by offering to pay Purchaser on or before the 30th day after the date of the Agreement (First Optional Discount Date) an amount such that Purchaser will have received on or before the First Optional Discount Date a total of $121,000.00 in connection with the Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;B. Customer may request an early performance discount by offering to pay Purchaser on or before the 60th day after the date of the Agreement (Second Optional Discount Date) an amount such that Purchaser will have received on or before the Second Optional Discount Date a total of $123,000.00 in connection with the Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;C. Customer may request an early performance discount by offering to pay Purchaser on or before the 90th day after the date of the Agreement (Third Optional Discount Date) an amount such that Purchaser will have received on or before the Third Optional Discount Date a total of $125,000.00 in connection with the Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;D. Customer may request an early performance discount by offering to pay Purchaser on or before the 120th day after the date of the Agreement (Fourth Optional Discount Date) an amount such that Purchaser will have received on or before the Fourth Optional Discount Date a total of $127,000.00 in connection with the Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;E. Customer may request an early performance discount by offering to pay Purchaser on or before the 150th day after the date of the Agreement (Fifth Optional Discount Date) an amount such that Purchaser will have received on or before the Fifth Optional Discount Date a total of $129,000.00 in connection with the Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;F. Customer may request an early performance discount by offering to pay Purchaser on or before the 180th day after the date of the Agreement (Sixth Optional Discount Date) an amount such that Purchaser will have received on or before the Sixth Optional Discount Date a total of $131,000.00 in connection with the Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;G. Customer may request an early performance discount by offering to pay Purchaser on or before the 210th day after the date of the Agreement (Seventh Optional Repurchase Date) an amount such that Purchaser will have received on or before the Seventh Optional Repurchase Date a total of $133,000.00 in connection with the Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;H. Customer may request an early performance discount by offering to pay Purchaser on or before the 240th day after the date of the Agreement (Eighth Optional Discount Date) an amount such that Purchaser will have received on or before the Eighth Optional Discount Date a total of $135,000.00 in connection with the Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;I. Customer may request an early performance discount by offering to pay Purchaser on or before the 270th day after the date of the Agreement (Ninth Optional Discount Date) an amount such that Purchaser will have received on or before the Ninth Optional Discount Date a total of $137,000.00 in connection with the Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;J. Customer may request an early performance discount by offering to pay Purchaser on or before the 300th day after the date of the Agreement (Tenth Optional Discount Date) an amount such that Purchaser will have received on or before the Tenth Optional Discount Date a total of $139,000.00 in connection with the Agreement.

In the event that Customer breaches the Agreement in any manner, including, without limitation, by breaching any of the representations, warranties or covenants set forth in Paragraph 6 of the Agreement, the early delivery discount schedule set forth above will no longer be available, but Customer still may request to terminate this contract by paying Forward Financing that portion of the Amount Sold that Forward Financing has not yet collected ("Uncollected Future Receipts"), along with any other fees due under this Agreement.

Customer may request an early delivery discount by contacting notices@forwardfinancing.com. Purchaser will respond to Customer regarding any such requests promptly.

Except as modified by this addendum, the Agreement remains in full force and effect. Customer agrees to execute any documents and/or agreements in order to implement the provisions of this addendum.

This addendum may be executed in any number of counterparts, each of which shall be deemed to be an original, but all such separate counterparts shall together constitute but one and the same instrument. Executed signature pages transmitted by means of electronic delivery shall be legally valid and binding against the Parties.

By executing this addendum at the appropriate place below, Customer and Forward Financing acknowledge and agree to the terms and conditions of this addendum.

---

| | | |
|:---|:---|:---|
| **Forward Financing LLC** | **Customer (Business)** | **Customer (Business)** |
| Signature: | Signature: | */s/ Travis Trawick* |
| Name: | Name: | Travis Trawick |
| Title: | Title: | Owner |
| Date: | Date: | March 10, 2026 |
|  | **Principal 1 (individually)** | **Principal 1 (individually)** |
|  | Signature: | */s/ Travis Trawick* |
|  | Name: | Travis Trawick |
|  | Date: | March 10, 2026 |

---

## Add

**Exhibit 6.24**

**Stripe Capital Program**

Loan Agreement

*Your business loan under this Loan Agreement is being offered by Celtic Bank.*

**Financing Summary**

---

| | | | |
|:---|:---|:---|:---|
| **Loan Amount**<br> *The amount of credit extended to you under this Agreement.* | $153500.00 | **Fixed Fee**<br> *The cost of your Loan.* | $14736.00 |
| **Total Repayment Amount**<br> *Includes the Loan Amount and the Fixed Fee.* | $168236.00 | **Repayment Rate** <br> *The percentage of daily Merchant Receivables withheld to repay your Loan.* | 25.00% |

---

**Merchant and Agreement Summary**

---

| | | | |
|:---|:---|:---|:---|
| **Merchant** | Name: RoboCent<br> Address:1206 Laskin Rd, Suite 201-o, Virginia Beach, VA, 23451, US<br> Merchant Representative: Travis Trawick<br> Stripe Account ID: acct_102oG22JlkaD74L3 | Name: RoboCent<br> Address:1206 Laskin Rd, Suite 201-o, Virginia Beach, VA, 23451, US<br> Merchant Representative: Travis Trawick<br> Stripe Account ID: acct_102oG22JlkaD74L3 | Name: RoboCent<br> Address:1206 Laskin Rd, Suite 201-o, Virginia Beach, VA, 23451, US<br> Merchant Representative: Travis Trawick<br> Stripe Account ID: acct_102oG22JlkaD74L3 |
| **Origination Date\*\*** | December 12, 2025 | **Minimum Payment Amount** | $18692.89 |
| **Minimum Payment Period** | Every 60 days | **Prior Financing Balance**<br> *(if applicable)* | $0.00 |
| **Net Loan Proceeds** | $153500.00 | **Repayment Start Date\*\*** | December 19, 2025 |
| **Final Repayment Date\*\*** | June 12, 2027 |  |  |

---

*\* If you have a Prior Outstanding Balance, you may receive slightly more funds in your account than shown, as we will continue to collect payments on your prior agreement until your new loan is funded. Your actual Net Loan Proceeds amount will be reflected on your contract after your loan has been disbursed.*

*\*\* You acknowledge that Stripe will fill in these dates based on the origination date if your application is approved. A final copy of this agreement will be available through your dashboard.*

The Stripe Capital Program ("**Program**") is a business loan program for users of Stripe, Inc.'s payment processing platform, who may apply for and receive commercial-purpose loans from Celtic Bank. Stripe, Inc. provides software for your payment card transactions, as described in the Stripe Services Agreement (defined below). Loans will be serviced by Stripe Servicing, Inc. ("**SSI**"), a wholly-owned subsidiary of Stripe, Inc. For purposes of this Agreement, SSI and Stripe, Inc. shall be collectively referred to as "**Stripe**".

This Loan Agreement ("**Agreement**") is among you, Stripe, and Bank (defined below). As used in this Agreement, "**we**," "**us**," and "**our**" refer collectively to Bank and Stripe. "**Merchant**," "**you**" and "**your**" refer to the entity associated with the Stripe Account that has applied for, qualified for, and received a commercial loan through the Program (such commercial loan, the "**Loan**") pursuant to this Agreement, as indicated in the summary box above.

Subject to this Agreement, you may receive a business-purpose loan from Bank. After funding, Stripe will automatically withhold the agreed upon Repayment Rate of your daily Merchant Receivables until the Total Repayment Amount is transferred to fully repay the Loan. Your Loan terms are summarized in the boxes above, and described in detail in the following text. When calculating the Total Repayment Amount and the Prior Outstanding Balance, and at any time thereafter while you have an Outstanding Balance, we have the right to waive a portion of your fixed fee at our sole discretion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.** **Definitions** 

"**SSI**" means Stripe Servicing, Inc., a wholly-owned subsidiary of Stripe, Inc., which will act as servicer of your Loan as agent on behalf of Bank, together with its successors and assigns.

"**Bank**" means Celtic Bank, its agents, and assignees. For avoidance of doubt, Celtic Bank (and not its agents and assignees) is the originator and creditor of your Loan.

"**Disbursement Date**" means the date the Net Loan Proceeds are approved to be disbursed to your Stripe Account.

"**Final Repayment Date**" means the date, as specified in the summary box above, on which the Outstanding Balance is due and payable in full.

"**Fixed Fee**" means the one-time fee assessed by Bank and represents the total cost of your Loan. The Fixed Fee is specified in the summary box above.

"**Governmental Authority**" means any governmental or self-regulatory body that has jurisdiction over you, us, or the Program, including: (i) any federal, state, local, foreign or other court; and (ii) any governmental department, bureau, or agency.

"**Linked Bank Account**" means any transaction account linked to your Stripe Account, which must not have been established primarily for personal, family, or household purposes.

"**Loan**" has the meaning found in the introduction.

"**Loan Amount**" is the dollar amount of funds extended to you by Bank under this Agreement. If you have a Prior Outstanding Balance, the Loan Amount may differ from the Net Loan Proceeds.

"**Merchant**" "**you**" or "**your**" has the meaning set forth in the introduction.

"**Merchant Receivables**" means the funds owed to you arising from sales through Stripe, Inc.'s payment processing services, as such services are described in the Stripe Services Agreement.

"**Minimum Payment Amount**" means the amount specified in the summary box above. The Minimum Payment Amount is due to Bank by the end of each payment period, beginning on the Repayment Start Date.

"**Minimum Payment Period**" means the period of time in which every Minimum Payment Amount is due, as indicated in the summary box above.

"**Minimum Payment Due Date**" means the date that each Minimum Payment Amount is due. The first Minimum Payment Due Date will occur one Minimum Payment Period after the Repayment Start Date. For example, if your Minimum Payment Period is every 30 days, then your first Minimum Payment Due Date will occur 30 days after the Repayment Start Date. Each Minimum Payment Due Date will occur according to that time period until the Final Repayment Date.

"**Net Loan Proceeds**" is the Loan Amount less the Prior Financing Balance, if applicable. The Net Loan Proceeds represents the actual amount of funds that you will receive in your Stripe Account.

"**Obligations**" has the meaning set forth in Section 6(a).

"**Origination Date**" means the date on which the Loan Amount is advanced to you. The Origination Date is found in the summary box above, and will say "TBD" if you are reviewing as part of your application.

"**Outstanding Balance**" is the Total Repayment Amount less any repayments you have made toward your Loan. The Outstanding Balance represents the total amount of funds that you are obligated to repay to Bank at any given point in time.

"**Parties**" means, collectively, Merchant, Bank, and Stripe.

"**Principal Owner**" means, with respect to a legal entity: (1) each individual, if any, who, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, owns 25 percent or more of the equity interests of the legal entity; and (2) one individual with significant responsibility for managing the legal entity, such as an executive officer or senior manager (e.g., Chief Executive Officer, Chief Financial Officer, Chief Operating Officer, Managing Member, General Partner, President, Vice President, Treasurer) or any other individual who regularly performs similar functions.

"**Prior Financing Balance**" means (i) the dollar value equivalent of any outstanding merchant cash advance that the Stripe Account associated with this Agreement previously received through Stripe, Inc., and/or (ii) any outstanding loan that the Stripe Account associated with this Agreement has obtained pursuant to the Program. Notwithstanding the prior sentence, we may at our discretion choose to waive any portion of fees associated with (i) or (ii) when calculating the Prior Financing Balance.

"**Repayment Acceleration**" means a temporary or permanent increase in your Repayment Rate or request for additional payments on the Outstanding Balance. The terms and duration of any Repayment Acceleration will be determined at our discretion.

"**Repayment Rate**" means the percentage of sales volume to be debited from each transaction of your Merchant Receivables in order to repay your Loan. Such amounts will be debited from your Merchant Receivables on a per transaction basis and will be applied toward your Outstanding Balance until the Total Repayment Amount is paid in full.

"**Repayment Start Date**" means the first date that we will begin withholding funds equal to the Repayment Rate from your Merchant Receivables which is seven days after the Origination Date. Your Repayment Start Date is specified in the summary box above.

"**Stripe Account**" means, collectively, all accounts that are used by you (as Merchant) pursuant to the Stripe Services Agreement.

"**Stripe**" has the meaning set forth in the introduction, together with any successors and assigns.

"**Stripe Services Agreement**" means the Stripe Services Agreement — United States and any applicable additional terms, as may be amended from time to time.

"**Total Repayment Amount**" is the total sum of the Loan Amount and the Fixed Fee. The Total Repayment Amount is set forth in the summary box above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.** **Information About Your Loan** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Bank
 is extending the commercial-purpose Loan to you in the Loan Amount, and the amount of funds
 you will receive is equal to the Net Loan Proceeds. You agree to receive the Net Loan Proceeds
 in your Stripe Account.

(b) You
 represent that you are a commercial business enterprise organized in the United States.  ***You agree that your Loan will be for your business purposes only*** . You acknowledge that
 legal protections for consumers do not apply to your Loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.** **Loan Repayment** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Prior Financing Balance**. If you have a Prior Financing Balance, we will first apply the Loan
 Amount to repay any Prior Financing Balance outstanding as of the Disbursement Date. The
 remaining funds, which are equal to the Net Loan Proceeds, will be deposited to your Stripe
 Account. Any prior agreements related to a Prior Financing Balance are hereby superseded
 and replaced by this Agreement.

(b) **Repayment Periods**. You agree (i) to pay the Minimum Payment Amount on each Minimum Payment Due
 Date, and (ii) to pay the Total Repayment Amount in full by the Final Repayment Date.

(c) **Repayment Method**. Beginning on the Repayment Start Date, you authorize us to withhold funds on
 a per transaction basis in the amount of the Repayment Rate from your Merchant Receivables
 for purposes of repaying your Loan. You acknowledge and agree that we will continue to withhold
 Merchant Receivables in this manner even if your withheld Merchant Receivables exceed the
 Minimum Payment Amount for a particular Minimum Payment Period. Under no circumstances are
 we obliged to return withheld Merchant Receivables that are transferred to us, including
 in the event that one or more of the transactions that created a portion of the Merchant
 Receivables are subject to refund, return, or dispute.

If your withheld Merchant Receivables for an applicable payment period do not equal at least the Minimum Payment Amount by the applicable Minimum Payment Due Date, you authorize us to (a) offset funds from your Stripe Account in an amount equal to the difference between the Minimum Payment Amount and the withheld Merchant Receivables and/or (b) debit your Linked Bank Account in an amount equal to the difference between the Minimum Payment Amount and the withheld Merchant Receivables. If we are unable to successfully debit your Linked Bank Account or if we are notified that your Linked Bank Account has insufficient funds to complete the debit, we may re-attempt to debit your Linked Bank Account up to two additional times to obtain your Minimum Payment Amount. You agree that we will have no liability if we cannot successfully debit your Linked Bank Account or if your Linked Bank Account has insufficient funds when we attempt (or re-attempt) to debit your Linked Bank Account. If we cannot successfully debit your Linked Bank Account or if your Linked Bank Account has insufficient funds, you authorize us to debit or setoff funds you owe us from future amounts processed under the terms of your Stripe Services Agreement. You acknowledge and agree to be bound by National Automated Clearing House Association's rules for business-related ACH debits and credits.

You may be assessed returned payment fees related to any insufficient funds transaction. You may change your Linked Bank Account on your dashboard at any time; however, we are not responsible for any fees or losses you suffer that result from erroneous Linked Bank Account information provided by you, or due to the timing of the change.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) **Order of Payments.** Until the Total Repayment Amount is due, your Loan repayments will be applied
 to the Outstanding Balance in the following order, *first*, to repay any past-due amounts
 (if any) and *second*, to repay current amounts due.

(e) **Early Repayment**. You may repay your Outstanding Balance in full or in part at any time without
 penalty. You will still owe the full amount of the Fixed Fee documented in this Agreement.

(f) **Effect of Multiple Accounts**. If you have multiple Stripe Accounts, we may apply your Minimum
 Payment obligation or any applicable Repayment Rate to your other Stripe Accounts for purposes
 of repaying your Loan. You may be deemed to have multiple Stripe Accounts if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) You
 submit transaction charges through multiple Stripe Accounts; or

(ii) You
 attempt to receive payment card processing proceeds through multiple Stripe Accounts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.** **Cancellation** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Voluntary Cancellation**. You may withdraw your application up to 48 hours after you have applied
 for a loan. If the Bank approves your loan application within your 48-hour withdrawal period,
 then you may cancel this Agreement up until the end of the 48-hour period. After the 48-hour
 period has passed, you will not be able to cancel this agreement. If you cancel this Agreement,
 we will debit the Loan Amount from your Stripe Account or your Linked Bank Account, as applicable.
 Your Loan will not be deemed canceled if the debit to your Stripe Account or your Linked
 Bank Account is unsuccessful.

(b) **Cancellation Due to Unsuccessful Funds Transfer**. If we are unable to transfer your Loan funds to your
 Stripe Account or to your Linked Bank Account, we will make best efforts to contact you to resolve the matter. If within a reasonable time you have not (i) responded to our request or (ii) otherwise given us instructions to initiate
a successful transfer, this Agreement will be canceled.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) **Reinstatement of Prior Financing Obligation**. If this Agreement is canceled and you owe a Prior Financing
 Balance, your obligation related to the Prior Financing Balance will be immediately due and
 payable to Stripe (in the case of a merchant cash advance) or Bank (in the case of another
 commercial purpose loan through the Program). You will pay this amount through a debit to
 your Stripe Balance, Linked Bank Account or any other account that you have authorized Stripe
 to debit pursuant to any agreement with Stripe.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.** **Your Obligations** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) While
 your Loan has an Outstanding Balance, you will:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Maintain
 or increase the proportion of your business that you conduct on Stripe's payment processing
 platform (measured as of the Origination Date) and conduct your business under the same name
 and in a manner consistent with past practice.

(ii) Prevent
 the diversion of Merchant Receivables to any other processor, and not cause the dollar amount
 of Receivables processed through your Stripe Account to be diverted to another processor.

(iii) In
 any thirty (30) day period, process Receivables with Stripe at no less than fifty percent
 (50%) of the lowest dollar amount of Receivables that you processed in any month in the prior
 twelve (12) months.

(iv) Cooperate
 fully with us to take all actions necessary to meet each obligation in this Agreement and
 to enable us to exercise our rights under this Agreement, including by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Providing
 a full response to us within two business days of receiving a request for information about
 your business (including financial and bank account statements, transaction files, and any
 other information related to your business's payment processing volumes or Merchant
 Receivables) or your compliance with this Agreement;

(2) Promptly
 signing documents that we deem necessary; and

(3) Permitting
 us and our agents, contractors, and designees to enter your premises at any reasonable time
 during the term of this Agreement for the purposes of verifying your compliance with this
 Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) Comply
 with the Stripe Services Agreement and applicable card network rules.

(vi) Maintain
 your Stripe Account in good standing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) While
 your Loan has an Outstanding Balance, you hereby covenant and agree to not, without the prior
 written consent of Bank:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Engage
 in any business activities that are substantially different in nature or character from your
 current business as in existence on the Origination Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Decrease
 or otherwise limit the types or quantities of products and services that you offer as of
 the Origination Date.

(iii) Decrease
 or otherwise limit the number or type of physical and online sales channels used by your
 business as of the Origination Date.

(iv) Take
 any action that would discourage the use of any payment methods facilitated by Stripe's
 payment processing services. However, you may impose certain charges on credit card transactions
 permitted by card network rules.

(v) Allow
 another party to assume or take over the operation or control of your business or business
 location, whether physical or virtual.

(vi) Sell,
 dispose, convey, or otherwise transfer any of your business or assets (other than in the
 ordinary course of business).

(vii) Terminate
 your Stripe Account.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.** **Security Interest** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Collateral.** As security for your obligation to pay the Total Repayment Amount, along with the payment
 and performance of all your other obligations under this Agreement, including (but not limited
 to): (i) reasonable attorney's fees and expenses under Section 9(a), and (ii) any fees
 or expenses related to a bankruptcy or other insolvency proceeding under Section 6(a) (collectively,
 the "Obligations") you hereby grant to Bank and each subsequent owner of any
 portion of the Loan a security interest in the following, whether existing now or in the
 future, and wherever located:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) all
 Merchant Receivables and all accounts and payment intangibles (as those terms are defined
 in the Uniform Commercial Code as in effect in the State of Utah) related thereto;

(ii) your
 Stripe Account and all funds held therein from time to time;

(iii) all
 proceeds of any of the aforementioned items; and

(iv) all
 business assets wherever located.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) **Stripe as Controller of Stripe Account.** As a result of the security interest you grant to Bank,
 as long as any portion of the Total Repayment Amount remains outstanding, your Stripe Account
 will be under the sole control of Stripe. Until a default under this Agreement occurs, Stripe
 allows you and your agents to withdraw funds from the Stripe Account.

(c) **Perfecting Security Interest.** Bank and each subsequent owner of any portion of the Loan hereby irrevocably
 appoints Stripe as its secured party representative with full power and authority on behalf
 of Bank to perfect the security interest in the collateral granted hereunder and to enforce
 Bank's rights and remedies with respect thereto, and Stripe accepts such appointment. Stripe,
 as secured party representative on behalf of Bank and each subsequent owner of any portion
 of the Loan, will have the exclusive rights to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Require
 that any bank or securities intermediary where any collateral is located to acknowledge Bank's
 security interest in and control of the collateral.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Direct
 and provide instructions to such bank or securities intermediary as to the disposition of
 the account collateral to fulfill your obligations under this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) In
 addition, you authorize us to file at any time (and from time to time) any financing statements
 describing the collateral set forth above, along with all amendments to financing statements,
 continuation financing statements, and all other documents and instruments, for the purpose
 of perfecting and maintaining the priority of Bank's security interest in such collateral.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.** **Data Protection and Privacy** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Bank
 will use and care for your data in the manner described in the Celtic Bank Privacy Policy.
 Stripe will use and care for your data in the manner described in the Stripe Privacy Policy
 and Stripe Services Agreement.

(b) If
 you applied for your Loan as a Connected Account through Stripe Connect, you understand and
 agree that Stripe may share your Loan data (including data in connection with repayments,
 delinquencies, and defaults) with your Connect Platform.

(c) Stripe
 may share your business data and certain Personal Data, including the legal name of your
 business, the name of your representative, and your business address with Bank's successors
 and assigns, including investors who may receive the rights to payments of your loan. We
 may share your business data and certain Personal Data with also service providers to secure
 loans.

(d) By
 accepting these terms, you agree that Stripe may regularly send your business's loan
 repayment data and your contact information to the Small Business Financial Exchange (SBFE)
 to improve the accuracy of your business credit history for the benefit of future potential
 creditors of your business. You also agree that Stripe may regularly access your business
 credit history with SBFE. SBFE will use your data in accordance with their Privacy Policy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.** **Termination and Default** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Termination of Agreement**. This Agreement will remain in effect until the entire Total Repayment Amount
 and all other obligations have been repaid in full, unless terminated under the terms of
 this section.

(b) **Events of Default**. We may determine that you are in default of this Agreement if you: (i) breach
 this Agreement (including any representation or covenant herein), (ii) do not repay your
 Minimum Payment Amounts owed when due, (iii) do not repay your Outstanding Balance when due,
 (iv) file for dissolution or bankruptcy; (v) misrepresent a fact in your Loan application,
 or use or maintain a Stripe Account using inaccurate or false information; or (vi) pose an
 unacceptable regulatory, reputational, or financial risk. You will pay any legal fees we
 incur and all other reasonable costs we incur while collecting amounts owed by you under
 this Agreement. Subject to applicable law, you agree that we have the right to set-off or
 recoup any amount you owe under this Agreement or any related claim against or from any amounts
 processed by Stripe under the terms of the Stripe Services Agreement.

(c) **Additional Rights upon Default**. If we determine you are in default of this Agreement, we may (i)
 initiate Repayment Acceleration, (ii) demand immediate repayment of the Outstanding Balance;
 (iii) debit any past due amounts from your Linked Bank Account; and/or (iv) temporarily or
 permanently increase your Repayment Rate. In addition to the foregoing, you agree to provide
 any information necessary to monitor your business activity, including bank statements and screenshots or copies of statements from any other payment
processors you may use for your business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) If
 you do not repay your Outstanding Balance or Minimum Payment Amounts when due, we may enforce
 our rights solely against your business assets, including the security interests described
 in Section 6. Regardless of whether we enforce our rights against your business assets, your
 duty to repay your Loan and our enforcement rights remain unchanged.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.** **Indemnification** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) You
 will, at your own expense, hold harmless, defend, protect, and indemnify us from and against
 all losses, claims, breaches, suits, damages, liabilities, costs, charges, reasonable attorneys'
 fees, judgments, fines, court costs and expenses, amounts paid in settlement, fees or expenses
 related to a bankruptcy or other insolvency proceeding, and all other liabilities of every
 nature, kind, and description regardless of the form of action or legal theory incurred by
 us, related to any action or threatened action, suit, claim, proceeding or regulatory action,
 regardless of merit brought by any third party against us caused or incurred by, resulting
 from, arising out of, or related to your: (i) material breach of any obligation, representation,
 warranty or covenant in this Agreement; (ii) any actual or alleged infringement, violation,
 or misappropriation of a third party's intellectual property or proprietary rights;
 (iii) gross negligence, fraud or intentional misconduct; or (iv) violation of applicable
 law.

(b) To
 the extent any amounts are owed to us pursuant to paragraph (a) of this Section 9, we shall
 have the right to (i) withhold Merchant Receivables, (ii) withdraw funds from your Stripe
 Account or Linked Bank Account, and/or (iii) temporarily or permanently increase your Repayment
 Rate until such amounts are paid in full. The rights listed in this paragraph are not exhaustive
 and we may seek other remedies or means of payment for any amounts owed to us.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.** **Your Stripe Account** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Effect of Stripe Ceasing to Withhold Loan Payments**. In the event that we are unable to withhold
 your Merchant Receivables or otherwise unable to debit your Linked Bank Account to repay
 your Loan, we may assign or transfer the servicing obligations of this Agreement, and our
 rights and remedies under this Agreement, without prior notice to you. If such a transfer
 is made, you agree:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To
 make payments in the Minimum Payment Amount to the designated servicer on the Minimum Payment
 Due Date;

(ii) To
 comply with additional instructions and methods as provided by the new servicer;

(iii) To
 execute any necessary authorization in order for such payments to be made; and

(iv) That
 any new service provider is authorized to make any such debit to your Linked Bank Account,
 provided that such new service provider affords you with a reasonable notification of any
 alternative payment timing and instructions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.** **Representations and Warranties** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Merchant Representations and Warranties**. You represent and warrant that as of the Origination
 Date and until full repayment of the Total Repayment Amount:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) You
 are applying for credit solely for business purposes and not for personal, family or household
 use. Any credit extended under this Agreement, including the Loan Amount, is solely for business
 purposes and not for personal, family or household use. Additionally, your Linked Bank Account
 was not established primarily for personal, family, or household purposes.

(ii) You
 have the power and authority to enter into and perform Merchant's duties and obligations
 under this Agreement. You have any documents required to facilitate the transactions contemplated
 by this Agreement. You have taken all necessary action to authorize their respective execution
 and delivery of, and performance under, this Agreement. You are not a party to any contract
 or aware of any existing situation that would prevent you from entering into or performing
 your obligations under this Agreement.

(iii) The
 individual executing this Agreement is authorized on behalf of Merchant to do so, is at least
 18 years of age, and has the legal capacity and all necessary authority to bind Merchant
 to this Agreement.

(iv) Your
 Merchant Receivables (i) have not been sold as of the Origination Date, and (ii) are not
 subject to any claims, charges, liens, restrictions or security interests where the third
 party holding a security interest in Merchant Receivables is currently exercising its remedies.

(v) You
 possess and are in compliance with all permits, licenses, approvals, consents and any other
 authorizations necessary to conduct your business.

(vi) The
 execution of this Agreement will not conflict with (i) any applicable federal, state, or
 local laws or regulations, (ii) any agreements to which you are a party, and (iii) your articles
 or certificate of incorporation, bylaws, or other organizational documents.

(vii) You
 possess all requisite permits, authorizations and licenses to own, operate and lease your
 properties and to conduct the business in which it is presently engaged.

(viii) You
 have time and will timely file and pay all federal, state, local, and foreign tax returns
 and tax reports. All such returns and reports are and will be true, correct and complete.

(ix) You
 have no material liabilities that would prevent your ability to perform or satisfy your obligations
 under this Agreement and, to the best of your knowledge, know of no material contingent liabilities,
 except current liabilities incurred in the ordinary course of business, that would prevent
 your ability to perform or satisfy your obligations under this Agreement.

(x) Your
 performance under this Agreement does not and will not conflict with other agreements to
 which you are a party or beneficiary. Additionally, your performance under this Agreement
 will not result in (i) any violation or default of other agreements; (ii) any entitlement
 of any person or entity to receipt of notice or right of consent; (iii) a right of termination,
 cancellation, guaranteed rights or acceleration of any obligation or to loss of a benefit;
 or (iv) the creation of any claim on the properties or assets of Merchant.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) There
 is no action, suit, claim, investigation, or legal, administrative, or arbitration proceeding
 pending or currently threatened (whether at law or in equity) or before any Governmental
 Authority against Merchant.

(xii) Merchant
 has not declared bankruptcy within the past seven years and is not currently contemplating
 the filing of a bankruptcy proceeding or closing or materially modifying Merchant's business.
 Merchant is solvent and financially capable of fulfilling its obligations under this Agreement.

(xiii) Merchant
 is validly existing and in good standing under any applicable laws of Merchant's state
 of organization.

(xiv) Merchant
 is in compliance with all statutes, rules, regulations, orders, or restrictions of all applicable
 Governmental Authorities.

(xv) You,
 your Principal Owners, and your employees are not currently and will not become subject to
 a U.S. Office of Foreign Asset Control list, or any law, regulation, or other list of any
 government agency that prohibits or limits us from providing Accounts or Cards to you or
 from otherwise conducting business with you.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.** **Disputes and Governing Law** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Governing Law.** This Agreement, and any claims or controversies arising hereunder, are governed
 by Utah law, without regard to Utah's conflict of law principles.

(b) **Binding Individual Arbitration.** You, Bank, Stripe and any successors or assigns agree to arbitrate
 all disputes, claims and controversies arising out of or relating to statutory or common
 law claims, the breach, termination, enforcement, interpretation or validity of any provision
 of this Agreement (collectively a "Dispute"). Any Dispute will be determined
 by arbitration in Salt Lake City, Utah before a single arbitrator. The arbitration will be
 administered by the American Arbitration Association under its Commercial Arbitration Rules.
 The Expedited Procedures of the American Arbitration Association's Commercial Arbitration
 Rules will apply for cases in which no disclosed claim or counterclaim exceeds $75,000 (exclusive
 of interest, attorneys' fees and arbitration fees and costs). Where no party's
 claim exceeds $25,000 (exclusive of interest, attorneys' fees and arbitration fees
 and costs), and in other cases in which the parties agree, Section E-6 of the Expedited Procedures
 of the American Arbitration Association's Commercial Arbitration Rules will apply.
 The arbitrator will apply the substantive law of the State of Utah, exclusive of its conflict
 or choice of law rules. If the American Arbitration Association is no longer in business,
 or refuses or declines to administer any dispute between the parties brought before it, either
 party may petition the United States District Court for District of Utah to appoint the arbitrator.
 Nothing in this paragraph will preclude the parties from seeking provisional remedies in
 aid of arbitration from a court of appropriate jurisdiction. The parties acknowledge that
 this Agreement evidences a transaction involving interstate commerce. Notwithstanding the
 provisions in this paragraph referencing applicable substantive law, the Federal Arbitration
 Act (9 U.S.C. §§ 1-16) will govern any arbitration conducted pursuant to the terms
 of this Agreement.

(c) **Commencement.** Any party may commence arbitration by providing to the American Arbitration Association
 and the other party to the dispute a written demand for arbitration, setting forth the subject
 of the dispute and the relief requested.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) **Service of Process.** Each party hereby irrevocably and unconditionally consents to service of
 process through personal service at their corporate headquarters, registered address, or
 primary address (for individuals or sole proprietors). Nothing in this Agreement will affect
 the right of any party to serve process in any other manner permitted by Law.

(e) **Class Waiver.** To the fullest extent permitted by Law, each of the parties agrees that any dispute
 arising out of or in connection with this Agreement, whether in arbitration or in court,
 will be conducted only on an individual basis and not in a class, consolidated or representative
 action. If for any reason a claim or dispute proceeds in court rather than through arbitration,
 each party knowingly and irrevocably waives any right to trial by jury in any action, proceeding
 or counterclaim arising out of or relating to this Agreement or any of the transactions contemplated
 between the parties.

(f) **Provision of an Award.** Subject to the limitations of liability identified in this Agreement, the
 appointed arbitrators may award monetary damages and any other remedies allowed by the laws
 of the State of Utah. In making a determination, the arbitrator will not have the authority
 to modify any term or provision of this Agreement. The arbitrator will deliver a reasoned
 written decision with respect to the dispute (the "Award") to each party, who
 will promptly act in accordance with the Award. Any Award (including interim or final remedies)
 may be confirmed in or enforced by a state or federal court located in Salt Lake City, Utah.
 The decision of the arbitrator will be final and binding on the parties, and will not be
 subject to appeal or review.

(g) **Fees.** Each of you and us will advance one-half of the fees and expenses of the arbitrators,
 the costs of the attendance of the arbitration reporter at the arbitration hearing, and the
 costs of the arbitration facility. In any arbitration arising out of or related to this Agreement,
 the arbitrators will award to the prevailing party, if any, the costs and attorneys'
 fees reasonably incurred by the prevailing party in connection with those aspects of its
 claims or defenses on which it prevails, and any opposing awards of costs and legal fees
 awards will be offset.

(h) **Confidentiality.** The parties will maintain the confidential nature of the arbitration proceeding, the
 hearing and the Award, except (i) as may be necessary to prepare for or conduct the arbitration
 hearing on the merits, (ii) in connection with a court application as contemplated above
 for a preliminary remedy, or confirmation of an Award or its enforcement, (iii) our disclosure
 of the Award in confidential settlement negotiations, or (iv) as otherwise required by applicable
 Laws. The parties, witnesses, and arbitrator will treat as confidential and will not disclose
 to any third person (other than witnesses or experts) any documentary or other evidence produced
 in any arbitration hereunder, except as required by Law or except if such evidence was obtained
 from the public domain or was otherwise obtained independently from the arbitration.

(i) **Conflict of Rules.** In the case of a conflict between the provisions of this Section 12(i) and
 the rules governing arbitration identified above, the provisions of this Section 12(i) will
 prevail. If any provision of this Agreement to arbitrate is held invalid or unenforceable,
 it will be so held to the minimum extent required by Law and all the other provisions will
 remain valid and enforceable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13.** **Miscellaneous** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Modifications; Amendments.** Any changes to these terms will be in writing and agreed to by the affected
 Party.

(b) **Assignment.** You may not assign or transfer your rights or obligations under this Agreement, but our
 rights (collectively or individually) may be assigned by us without restriction.

(c) **Notices.** Except as otherwise stated, notices to us may be sent to us via Stripe Support.

(d) **Severability.** If any provision of this Agreement is deemed invalid or unenforceable under any law,
 rule, or regulation, the remainder of the Agreement will remain in effect.

(e) **Complete Agreement.** This Agreement and the Stripe Services Agreement (as incorporated) represent
 the entire agreement between the Parties pertaining to the Loan.

(f) **Survival.** The obligations in Section 9 (Indemnification), 12 (Disputes and Governing Law), this
 Section 13 (Miscellaneous) will survive any expiration or termination of this Agreement.

(g) **Register.** You hereby appoint Stripe, on your behalf, for the purpose of maintaining a register
 or system in order to record the amount of the Outstanding Balance of the Loan (which will
 set forth the Loan Amount and the Fixed Fee on the Loan) and the name and address of any
 owner of the Loan (including any assignee or transferee, if any, who becomes the subsequent
 owner of any portion of the Loan) (the "**Register** "). The Parties hereto
 agree that the person(s) whose name and address is recorded in the Register as the current
 owner of the Loan is treated as the person entitled to the Outstanding Balance (which is
 comprised of the Loan Amount and the Fixed Fee on the Loan) of the Loan. The Register must
 be updated for any transfer of the right to receive any of the Outstanding Balance (which
 is comprised of the Loan Amount and Fixed Fee on the Loan) of the Loan to be effected.

(h) **No Waiver**. Your breach of any part of this Agreement will not affect our right to (a) enforce
 your promise to pay all amounts owed under this Agreement, or (b) use any remedy legally
 available to us.

(i) **Relationship of the Parties**. This Agreement supplements the Stripe Services Agreement. To the extent
 any terms of this Agreement conflict with the terms of the Stripe Services Agreement, the
 terms of this Agreement will prevail with respect to the Loan. Except as provided in this
 Agreement and with respect to the Loan, all terms and conditions of the Stripe Services Agreement
 remain in full force and effect.

(j) **Confidentiality**.
 This Agreement constitutes our confidential information, and you may not use or disclose
 this information without the Bank's prior written consent. Without limiting your general
 duty with respect to non-disclosure of the information, any non-disclosure obligations in
 the Stripe Services Agreement also apply to the information with respect to you and Stripe.

## Add

**Exhibit 6.25**

**Stripe Capital Program**

Loan Agreement

*Your business loan under this Loan Agreement is being offered by Celtic Bank.*

**Financing Summary**

---

| | | | |
|:---|:---|:---|:---|
| **Loan Amount**<br> *The amount of credit extended to you under this Agreement.* | $229100.00 | **Fixed Fee**<br> *The cost of your Loan.* | $27492.00 |
| **Total Repayment Amount**<br> *Includes the Loan Amount and the Fixed Fee.* | $256592.00 | **Repayment Rate** <br> *The percentage of daily Merchant Receivables withheld to repay your Loan.* | 22.00% |

---

**Merchant and Agreement Summary**

---

| | | | |
|:---|:---|:---|:---|
| **Merchant** | Name: RoboCent<br> Address:1206 Laskin Rd, Suite 201-o, Virginia Beach, VA, 23451, US<br> Merchant Representative: Travis Trawick<br> Stripe Account ID: acct_102oG22JlkaD74L3 | Name: RoboCent<br> Address:1206 Laskin Rd, Suite 201-o, Virginia Beach, VA, 23451, US<br> Merchant Representative: Travis Trawick<br> Stripe Account ID: acct_102oG22JlkaD74L3 | Name: RoboCent<br> Address:1206 Laskin Rd, Suite 201-o, Virginia Beach, VA, 23451, US<br> Merchant Representative: Travis Trawick<br> Stripe Account ID: acct_102oG22JlkaD74L3 |
| **Origination Date\*\*** | March 11, 2026 | **Minimum Payment Amount** | $28510.23 |
| **Minimum Payment Period** | Every 60 days | **Prior Financing Balance**<br> *(if applicable)* | $59466.34 |
| **Net Loan Proceeds** | $169633.66 | **Repayment Start Date\*\*** | March 18, 2026 |
| **Final Repayment Date\*\*** | September 9, 2027 |  |  |

---

*\* If you have a Prior Outstanding Balance, you may receive slightly more funds in your account than shown, as we will continue to collect payments on your prior agreement until your new loan is funded. Your actual Net Loan Proceeds amount will be reflected on your contract after your loan has been disbursed.*

*\*\* You acknowledge that Stripe will fill in these dates based on the origination date if your application is approved. A final copy of this agreement will be available through your dashboard.*

The Stripe Capital Program ("**Program**") is a business loan program for users of Stripe, Inc.'s payment processing platform, who may apply for and receive commercial-purpose loans from Celtic Bank. Stripe, Inc. provides software for your payment card transactions, as described in the Stripe Services Agreement (defined below). Loans will be serviced by Stripe Servicing, Inc. ("**SSI**"), a wholly-owned subsidiary of Stripe, Inc. For purposes of this Agreement, SSI and Stripe, Inc. shall be collectively referred to as "**Stripe**".

This Loan Agreement ("**Agreement**") is among you, Stripe, and Bank (defined below). As used in this Agreement, "**we**," "**us**," and "**our**" refer collectively to Bank and Stripe. "**Merchant**," "**you**" and "**your**" refer to the entity associated with the Stripe Account that has applied for, qualified for, and received a commercial loan through the Program (such commercial loan, the "**Loan**") pursuant to this Agreement, as indicated in the summary box above.

Subject to this Agreement, you may receive a business-purpose loan from Bank. After funding, Stripe will automatically withhold the agreed upon Repayment Rate of your daily Merchant Receivables until the Total Repayment Amount is transferred to fully repay the Loan. Your Loan terms are summarized in the boxes above, and described in detail in the following text. When calculating the Total Repayment Amount and the Prior Outstanding Balance, and at any time thereafter while you have an Outstanding Balance, we have the right to waive a portion of your fixed fee at our sole discretion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.** **Definitions** 

"**SSI**" means Stripe Servicing, Inc., a wholly-owned subsidiary of Stripe, Inc., which will act as servicer of your Loan as agent on behalf of Bank, together with its successors and assigns.

"**Bank**" means Celtic Bank, its agents, and assignees. For avoidance of doubt, Celtic Bank (and not its agents and assignees) is the originator and creditor of your Loan.

"**Disbursement Date**" means the date the Net Loan Proceeds are approved to be disbursed to your Stripe Account.

"**Final Repayment Date**" means the date, as specified in the summary box above, on which the Outstanding Balance is due and payable in full.

"**Fixed Fee**" means the one-time fee assessed by Bank and represents the total cost of your Loan. The Fixed Fee is specified in the summary box above.

"**Governmental Authority**" means any governmental or self-regulatory body that has jurisdiction over you, us, or the Program, including: (i) any federal, state, local, foreign or other court; and (ii) any governmental department, bureau, or agency.

"**Linked Bank Account**" means any transaction account linked to your Stripe Account, which must not have been established primarily for personal, family, or household purposes.

"**Loan**" has the meaning found in the introduction.

"**Loan Amount**" is the dollar amount of funds extended to you by Bank under this Agreement. If you have a Prior Outstanding Balance, the Loan Amount may differ from the Net Loan Proceeds.

"**Merchant**" "**you**" or "**your**" has the meaning set forth in the introduction.

"**Merchant Receivables**" means the funds owed to you arising from sales through Stripe, Inc.'s payment processing services, as such services are described in the Stripe Services Agreement.

"**Minimum Payment Amount**" means the amount specified in the summary box above. The Minimum Payment Amount is due to Bank by the end of each payment period, beginning on the Repayment Start Date.

"**Minimum Payment Period**" means the period of time in which every Minimum Payment Amount is due, as indicated in the summary box above.

"**Minimum Payment Due Date**" means the date that each Minimum Payment Amount is due. The first Minimum Payment Due Date will occur one Minimum Payment Period after the Repayment Start Date. For example, if your Minimum Payment Period is every 30 days, then your first Minimum Payment Due Date will occur 30 days after the Repayment Start Date. Each Minimum Payment Due Date will occur according to that time period until the Final Repayment Date.

"**Net Loan Proceeds**" is the Loan Amount less the Prior Financing Balance, if applicable. The Net Loan Proceeds represents the actual amount of funds that you will receive in your Stripe Account.

"**Obligations**" has the meaning set forth in Section 6(a).

"**Origination Date**" means the date on which the Loan Amount is advanced to you. The Origination Date is found in the summary box above, and will say "TBD" if you are reviewing as part of your application.

"**Outstanding Balance**" is the Total Repayment Amount less any repayments you have made toward your Loan. The Outstanding Balance represents the total amount of funds that you are obligated to repay to Bank at any given point in time.

"**Parties**" means, collectively, Merchant, Bank, and Stripe.

"**Principal Owner**" means, with respect to a legal entity: (1) each individual, if any, who, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, owns 25 percent or more of the equity interests of the legal entity; and (2) one individual with significant responsibility for managing the legal entity, such as an executive officer or senior manager (e.g., Chief Executive Officer, Chief Financial Officer, Chief Operating Officer, Managing Member, General Partner, President, Vice President, Treasurer) or any other individual who regularly performs similar functions.

"**Prior Financing Balance**" means (i) the dollar value equivalent of any outstanding merchant cash advance that the Stripe Account associated with this Agreement previously received through Stripe, Inc., and/or (ii) any outstanding loan that the Stripe Account associated with this Agreement has obtained pursuant to the Program. Notwithstanding the prior sentence, we may at our discretion choose to waive any portion of fees associated with (i) or (ii) when calculating the Prior Financing Balance.

"**Repayment Acceleration**" means a temporary or permanent increase in your Repayment Rate or request for additional payments on the Outstanding Balance. The terms and duration of any Repayment Acceleration will be determined at our discretion.

"**Repayment Rate**" means the percentage of sales volume to be debited from each transaction of your Merchant Receivables in order to repay your Loan. Such amounts will be debited from your Merchant Receivables on a per transaction basis and will be applied toward your Outstanding Balance until the Total Repayment Amount is paid in full.

"**Repayment Start Date**" means the first date that we will begin withholding funds equal to the Repayment Rate from your Merchant Receivables which is seven days after the Origination Date. Your Repayment Start Date is specified in the summary box above.

"**Stripe Account**" means, collectively, all accounts that are used by you (as Merchant) pursuant to the Stripe Services Agreement.

"**Stripe**" has the meaning set forth in the introduction, together with any successors and assigns.

"**Stripe Services Agreement**" means the Stripe Services Agreement — United States and any applicable additional terms, as may be amended from time to time.

"**Total Repayment Amount**" is the total sum of the Loan Amount and the Fixed Fee. The Total Repayment Amount is set forth in the summary box above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.** **Information About Your Loan** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Bank
 is extending the commercial-purpose Loan to you in the Loan Amount, and the amount of funds
 you will receive is equal to the Net Loan Proceeds. You agree to receive the Net Loan Proceeds
 in your Stripe Account.

(b) You
 represent that you are a commercial business enterprise organized in the United States.  ***You agree that your Loan will be for your business purposes only*** . You acknowledge that
 legal protections for consumers do not apply to your Loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.** **Loan Repayment** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Prior Financing Balance**. If you have a Prior Financing Balance, we will first apply the Loan
 Amount to repay any Prior Financing Balance outstanding as of the Disbursement Date. The
 remaining funds, which are equal to the Net Loan Proceeds, will be deposited to your Stripe
 Account. Any prior agreements related to a Prior Financing Balance are hereby superseded
 and replaced by this Agreement.

(b) **Repayment Periods**. You agree (i) to pay the Minimum Payment Amount on each Minimum Payment Due
 Date, and (ii) to pay the Total Repayment Amount in full by the Final Repayment Date.

(c) **Repayment Method**. Beginning on the Repayment Start Date, you authorize us to withhold funds on
 a per transaction basis in the amount of the Repayment Rate from your Merchant Receivables
 for purposes of repaying your Loan. You acknowledge and agree that we will continue to withhold
 Merchant Receivables in this manner even if your withheld Merchant Receivables exceed the
 Minimum Payment Amount for a particular Minimum Payment Period. Under no circumstances are
 we obliged to return withheld Merchant Receivables that are transferred to us, including
 in the event that one or more of the transactions that created a portion of the Merchant
 Receivables are subject to refund, return, or dispute.

If your withheld Merchant Receivables for an applicable payment period do not equal at least the Minimum Payment Amount by the applicable Minimum Payment Due Date, you authorize us to (a) offset funds from your Stripe Account in an amount equal to the difference between the Minimum Payment Amount and the withheld Merchant Receivables and/or (b) debit your Linked Bank Account in an amount equal to the difference between the Minimum Payment Amount and the withheld Merchant Receivables. If we are unable to successfully debit your Linked Bank Account or if we are notified that your Linked Bank Account has insufficient funds to complete the debit, we may re-attempt to debit your Linked Bank Account up to two additional times to obtain your Minimum Payment Amount. You agree that we will have no liability if we cannot successfully debit your Linked Bank Account or if your Linked Bank Account has insufficient funds when we attempt (or re-attempt) to debit your Linked Bank Account. If we cannot successfully debit your Linked Bank Account or if your Linked Bank Account has insufficient funds, you authorize us to debit or setoff funds you owe us from future amounts processed under the terms of your Stripe Services Agreement. You acknowledge and agree to be bound by National Automated Clearing House Association's rules for business-related ACH debits and credits.

You may be assessed returned payment fees related to any insufficient funds transaction. You may change your Linked Bank Account on your dashboard at any time; however, we are not responsible for any fees or losses you suffer that result from erroneous Linked Bank Account information provided by you, or due to the timing of the change.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) **Order of Payments.** Until the Total Repayment Amount is due, your Loan repayments will be applied
 to the Outstanding Balance in the following order, *first*, to repay any past-due amounts
 (if any) and *second*, to repay current amounts due.

(e) **Early Repayment**. You may repay your Outstanding Balance in full or in part at any time without
 penalty. You will still owe the full amount of the Fixed Fee documented in this Agreement.

(f) **Effect of Multiple Accounts**. If you have multiple Stripe Accounts, we may apply your Minimum
 Payment obligation or any applicable Repayment Rate to your other Stripe Accounts for purposes
 of repaying your Loan. You may be deemed to have multiple Stripe Accounts if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) You
 submit transaction charges through multiple Stripe Accounts; or

(ii) You
 attempt to receive payment card processing proceeds through multiple Stripe Accounts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.** **Cancellation** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Voluntary Cancellation**. You may withdraw your application up to 48 hours after you have applied
 for a loan. If the Bank approves your loan application within your 48-hour withdrawal period,
 then you may cancel this Agreement up until the end of the 48-hour period. After the 48-hour
 period has passed, you will not be able to cancel this agreement. If you cancel this Agreement,
 we will debit the Loan Amount from your Stripe Account or your Linked Bank Account, as applicable.
 Your Loan will not be deemed canceled if the debit to your Stripe Account or your Linked
 Bank Account is unsuccessful.

(b) **Cancellation Due to Unsuccessful Funds Transfer**. If we are unable to transfer your Loan funds to your
 Stripe Account or to your Linked Bank Account, we will make best efforts to contact you to resolve the matter. If within a reasonable time you have not (i) responded to our request or (ii) otherwise given us instructions to initiate
a successful transfer, this Agreement will be canceled.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) **Reinstatement of Prior Financing Obligation**. If this Agreement is canceled and you owe a Prior Financing
 Balance, your obligation related to the Prior Financing Balance will be immediately due and
 payable to Stripe (in the case of a merchant cash advance) or Bank (in the case of another
 commercial purpose loan through the Program). You will pay this amount through a debit to
 your Stripe Balance, Linked Bank Account or any other account that you have authorized Stripe
 to debit pursuant to any agreement with Stripe.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.** **Your Obligations** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) While
 your Loan has an Outstanding Balance, you will:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Maintain
 or increase the proportion of your business that you conduct on Stripe's payment processing
 platform (measured as of the Origination Date) and conduct your business under the same name
 and in a manner consistent with past practice.

(ii) Prevent
 the diversion of Merchant Receivables to any other processor, and not cause the dollar amount
 of Receivables processed through your Stripe Account to be diverted to another processor.

(iii) In
 any thirty (30) day period, process Receivables with Stripe at no less than fifty percent
 (50%) of the lowest dollar amount of Receivables that you processed in any month in the prior
 twelve (12) months.

(iv) Cooperate
 fully with us to take all actions necessary to meet each obligation in this Agreement and
 to enable us to exercise our rights under this Agreement, including by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Providing
 a full response to us within two business days of receiving a request for information about
 your business (including financial and bank account statements, transaction files, and any
 other information related to your business's payment processing volumes or Merchant
 Receivables) or your compliance with this Agreement;

(2) Promptly
 signing documents that we deem necessary; and

(3) Permitting
 us and our agents, contractors, and designees to enter your premises at any reasonable time
 during the term of this Agreement for the purposes of verifying your compliance with this
 Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) Comply
 with the Stripe Services Agreement and applicable card network rules.

(vi) Maintain
 your Stripe Account in good standing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) While
 your Loan has an Outstanding Balance, you hereby covenant and agree to not, without the prior
 written consent of Bank:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Engage
 in any business activities that are substantially different in nature or character from your
 current business as in existence on the Origination Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Decrease
 or otherwise limit the types or quantities of products and services that you offer as of
 the Origination Date.

(iii) Decrease
 or otherwise limit the number or type of physical and online sales channels used by your
 business as of the Origination Date.

(iv) Take
 any action that would discourage the use of any payment methods facilitated by Stripe's
 payment processing services. However, you may impose certain charges on credit card transactions
 permitted by card network rules.

(v) Allow
 another party to assume or take over the operation or control of your business or business
 location, whether physical or virtual.

(vi) Sell,
 dispose, convey, or otherwise transfer any of your business or assets (other than in the
 ordinary course of business).

(vii) Terminate
 your Stripe Account.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.** **Security Interest** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Collateral.** As security for your obligation to pay the Total Repayment Amount, along with the payment
 and performance of all your other obligations under this Agreement, including (but not limited
 to): (i) reasonable attorney's fees and expenses under Section 9(a), and (ii) any fees
 or expenses related to a bankruptcy or other insolvency proceeding under Section 6(a) (collectively,
 the "Obligations") you hereby grant to Bank and each subsequent owner of any
 portion of the Loan a security interest in the following, whether existing now or in the
 future, and wherever located:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) all
 Merchant Receivables and all accounts and payment intangibles (as those terms are defined
 in the Uniform Commercial Code as in effect in the State of Utah) related thereto;

(ii) your
 Stripe Account and all funds held therein from time to time;

(iii) all
 proceeds of any of the aforementioned items; and

(iv) all
 business assets wherever located.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) **Stripe as Controller of Stripe Account.** As a result of the security interest you grant to Bank,
 as long as any portion of the Total Repayment Amount remains outstanding, your Stripe Account
 will be under the sole control of Stripe. Until a default under this Agreement occurs, Stripe
 allows you and your agents to withdraw funds from the Stripe Account.

(c) **Perfecting Security Interest.** Bank and each subsequent owner of any portion of the Loan hereby irrevocably
 appoints Stripe as its secured party representative with full power and authority on behalf
 of Bank to perfect the security interest in the collateral granted hereunder and to enforce
 Bank's rights and remedies with respect thereto, and Stripe accepts such appointment. Stripe,
 as secured party representative on behalf of Bank and each subsequent owner of any portion
 of the Loan, will have the exclusive rights to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Require
 that any bank or securities intermediary where any collateral is located to acknowledge Bank's
 security interest in and control of the collateral.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Direct
 and provide instructions to such bank or securities intermediary as to the disposition of
 the account collateral to fulfill your obligations under this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) In
 addition, you authorize us to file at any time (and from time to time) any financing statements
 describing the collateral set forth above, along with all amendments to financing statements,
 continuation financing statements, and all other documents and instruments, for the purpose
 of perfecting and maintaining the priority of Bank's security interest in such collateral.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.** **Data Protection and Privacy** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Bank
 will use and care for your data in the manner described in the Celtic Bank Privacy Policy.
 Stripe will use and care for your data in the manner described in the Stripe Privacy Policy
 and Stripe Services Agreement.

(b) If
 you applied for your Loan as a Connected Account through Stripe Connect, you understand and
 agree that Stripe may share your Loan data (including data in connection with repayments,
 delinquencies, and defaults) with your Connect Platform.

(c) Stripe
 may share your business data and certain Personal Data, including the legal name of your
 business, the name of your representative, and your business address with Bank's successors
 and assigns, including investors who may receive the rights to payments of your loan. We
 may share your business data and certain Personal Data with also service providers to secure
 loans.

(d) By
 accepting these terms, you agree that Stripe may regularly send your business's loan
 repayment data and your contact information to the Small Business Financial Exchange (SBFE)
 to improve the accuracy of your business credit history for the benefit of future potential
 creditors of your business. You also agree that Stripe may regularly access your business
 credit history with SBFE. SBFE will use your data in accordance with their Privacy Policy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.** **Termination and Default** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Termination of Agreement**. This Agreement will remain in effect until the entire Total Repayment Amount
 and all other obligations have been repaid in full, unless terminated under the terms of
 this section.

(b) **Events of Default**. We may determine that you are in default of this Agreement if you: (i) breach
 this Agreement (including any representation or covenant herein), (ii) do not repay your
 Minimum Payment Amounts owed when due, (iii) do not repay your Outstanding Balance when due,
 (iv) file for dissolution or bankruptcy; (v) misrepresent a fact in your Loan application,
 or use or maintain a Stripe Account using inaccurate or false information; or (vi) pose an
 unacceptable regulatory, reputational, or financial risk. You will pay any legal fees we
 incur and all other reasonable costs we incur while collecting amounts owed by you under
 this Agreement. Subject to applicable law, you agree that we have the right to set-off or
 recoup any amount you owe under this Agreement or any related claim against or from any amounts
 processed by Stripe under the terms of the Stripe Services Agreement.

(c) **Additional Rights upon Default**. If we determine you are in default of this Agreement, we may (i)
 initiate Repayment Acceleration, (ii) demand immediate repayment of the Outstanding Balance;
 (iii) debit any past due amounts from your Linked Bank Account; and/or (iv) temporarily or
 permanently increase your Repayment Rate. In addition to the foregoing, you agree to provide
 any information necessary to monitor your business activity, including bank statements and screenshots or copies of statements from any other payment
processors you may use for your business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) If
 you do not repay your Outstanding Balance or Minimum Payment Amounts when due, we may enforce
 our rights solely against your business assets, including the security interests described
 in Section 6. Regardless of whether we enforce our rights against your business assets, your
 duty to repay your Loan and our enforcement rights remain unchanged.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.** **Indemnification** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) You
 will, at your own expense, hold harmless, defend, protect, and indemnify us from and against
 all losses, claims, breaches, suits, damages, liabilities, costs, charges, reasonable attorneys'
 fees, judgments, fines, court costs and expenses, amounts paid in settlement, fees or expenses
 related to a bankruptcy or other insolvency proceeding, and all other liabilities of every
 nature, kind, and description regardless of the form of action or legal theory incurred by
 us, related to any action or threatened action, suit, claim, proceeding or regulatory action,
 regardless of merit brought by any third party against us caused or incurred by, resulting
 from, arising out of, or related to your: (i) material breach of any obligation, representation,
 warranty or covenant in this Agreement; (ii) any actual or alleged infringement, violation,
 or misappropriation of a third party's intellectual property or proprietary rights;
 (iii) gross negligence, fraud or intentional misconduct; or (iv) violation of applicable
 law.

(b) To
 the extent any amounts are owed to us pursuant to paragraph (a) of this Section 9, we shall
 have the right to (i) withhold Merchant Receivables, (ii) withdraw funds from your Stripe
 Account or Linked Bank Account, and/or (iii) temporarily or permanently increase your Repayment
 Rate until such amounts are paid in full. The rights listed in this paragraph are not exhaustive
 and we may seek other remedies or means of payment for any amounts owed to us.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.** **Your Stripe Account** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Effect of Stripe Ceasing to Withhold Loan Payments**. In the event that we are unable to withhold
 your Merchant Receivables or otherwise unable to debit your Linked Bank Account to repay
 your Loan, we may assign or transfer the servicing obligations of this Agreement, and our
 rights and remedies under this Agreement, without prior notice to you. If such a transfer
 is made, you agree:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To
 make payments in the Minimum Payment Amount to the designated servicer on the Minimum Payment
 Due Date;

(ii) To
 comply with additional instructions and methods as provided by the new servicer;

(iii) To
 execute any necessary authorization in order for such payments to be made; and

(iv) That
 any new service provider is authorized to make any such debit to your Linked Bank Account,
 provided that such new service provider affords you with a reasonable notification of any
 alternative payment timing and instructions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.** **Representations and Warranties** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Merchant Representations and Warranties**. You represent and warrant that as of the Origination
 Date and until full repayment of the Total Repayment Amount:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) You
 are applying for credit solely for business purposes and not for personal, family or household
 use. Any credit extended under this Agreement, including the Loan Amount, is solely for business
 purposes and not for personal, family or household use. Additionally, your Linked Bank Account
 was not established primarily for personal, family, or household purposes.

(ii) You
 have the power and authority to enter into and perform Merchant's duties and obligations
 under this Agreement. You have any documents required to facilitate the transactions contemplated
 by this Agreement. You have taken all necessary action to authorize their respective execution
 and delivery of, and performance under, this Agreement. You are not a party to any contract
 or aware of any existing situation that would prevent you from entering into or performing
 your obligations under this Agreement.

(iii) The
 individual executing this Agreement is authorized on behalf of Merchant to do so, is at least
 18 years of age, and has the legal capacity and all necessary authority to bind Merchant
 to this Agreement.

(iv) Your
 Merchant Receivables (i) have not been sold as of the Origination Date, and (ii) are not
 subject to any claims, charges, liens, restrictions or security interests where the third
 party holding a security interest in Merchant Receivables is currently exercising its remedies.

(v) You
 possess and are in compliance with all permits, licenses, approvals, consents and any other
 authorizations necessary to conduct your business.

(vi) The
 execution of this Agreement will not conflict with (i) any applicable federal, state, or
 local laws or regulations, (ii) any agreements to which you are a party, and (iii) your articles
 or certificate of incorporation, bylaws, or other organizational documents.

(vii) You
 possess all requisite permits, authorizations and licenses to own, operate and lease your
 properties and to conduct the business in which it is presently engaged.

(viii) You
 have time and will timely file and pay all federal, state, local, and foreign tax returns
 and tax reports. All such returns and reports are and will be true, correct and complete.

(ix) You
 have no material liabilities that would prevent your ability to perform or satisfy your obligations
 under this Agreement and, to the best of your knowledge, know of no material contingent liabilities,
 except current liabilities incurred in the ordinary course of business, that would prevent
 your ability to perform or satisfy your obligations under this Agreement.

(x) Your
 performance under this Agreement does not and will not conflict with other agreements to
 which you are a party or beneficiary. Additionally, your performance under this Agreement
 will not result in (i) any violation or default of other agreements; (ii) any entitlement
 of any person or entity to receipt of notice or right of consent; (iii) a right of termination,
 cancellation, guaranteed rights or acceleration of any obligation or to loss of a benefit;
 or (iv) the creation of any claim on the properties or assets of Merchant.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) There
 is no action, suit, claim, investigation, or legal, administrative, or arbitration proceeding
 pending or currently threatened (whether at law or in equity) or before any Governmental
 Authority against Merchant.

(xii) Merchant
 has not declared bankruptcy within the past seven years and is not currently contemplating
 the filing of a bankruptcy proceeding or closing or materially modifying Merchant's business.
 Merchant is solvent and financially capable of fulfilling its obligations under this Agreement.

(xiii) Merchant
 is validly existing and in good standing under any applicable laws of Merchant's state
 of organization.

(xiv) Merchant
 is in compliance with all statutes, rules, regulations, orders, or restrictions of all applicable
 Governmental Authorities.

(xv) You,
 your Principal Owners, and your employees are not currently and will not become subject to
 a U.S. Office of Foreign Asset Control list, or any law, regulation, or other list of any
 government agency that prohibits or limits us from providing Accounts or Cards to you or
 from otherwise conducting business with you.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.** **Disputes and Governing Law** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Governing Law.** This Agreement, and any claims or controversies arising hereunder, are governed
 by Utah law, without regard to Utah's conflict of law principles.

(b) **Binding Individual Arbitration.** You, Bank, Stripe and any successors or assigns agree to arbitrate
 all disputes, claims and controversies arising out of or relating to statutory or common
 law claims, the breach, termination, enforcement, interpretation or validity of any provision
 of this Agreement (collectively a "Dispute"). Any Dispute will be determined
 by arbitration in Salt Lake City, Utah before a single arbitrator. The arbitration will be
 administered by the American Arbitration Association under its Commercial Arbitration Rules.
 The Expedited Procedures of the American Arbitration Association's Commercial Arbitration
 Rules will apply for cases in which no disclosed claim or counterclaim exceeds $75,000 (exclusive
 of interest, attorneys' fees and arbitration fees and costs). Where no party's
 claim exceeds $25,000 (exclusive of interest, attorneys' fees and arbitration fees
 and costs), and in other cases in which the parties agree, Section E-6 of the Expedited Procedures
 of the American Arbitration Association's Commercial Arbitration Rules will apply.
 The arbitrator will apply the substantive law of the State of Utah, exclusive of its conflict
 or choice of law rules. If the American Arbitration Association is no longer in business,
 or refuses or declines to administer any dispute between the parties brought before it, either
 party may petition the United States District Court for District of Utah to appoint the arbitrator.
 Nothing in this paragraph will preclude the parties from seeking provisional remedies in
 aid of arbitration from a court of appropriate jurisdiction. The parties acknowledge that
 this Agreement evidences a transaction involving interstate commerce. Notwithstanding the
 provisions in this paragraph referencing applicable substantive law, the Federal Arbitration
 Act (9 U.S.C. §§ 1-16) will govern any arbitration conducted pursuant to the terms
 of this Agreement.

(c) **Commencement.** Any party may commence arbitration by providing to the American Arbitration Association
 and the other party to the dispute a written demand for arbitration, setting forth the subject
 of the dispute and the relief requested.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) **Service of Process.** Each party hereby irrevocably and unconditionally consents to service of
 process through personal service at their corporate headquarters, registered address, or
 primary address (for individuals or sole proprietors). Nothing in this Agreement will affect
 the right of any party to serve process in any other manner permitted by Law.

(e) **Class Waiver.** To the fullest extent permitted by Law, each of the parties agrees that any dispute
 arising out of or in connection with this Agreement, whether in arbitration or in court,
 will be conducted only on an individual basis and not in a class, consolidated or representative
 action. If for any reason a claim or dispute proceeds in court rather than through arbitration,
 each party knowingly and irrevocably waives any right to trial by jury in any action, proceeding
 or counterclaim arising out of or relating to this Agreement or any of the transactions contemplated
 between the parties.

(f) **Provision of an Award.** Subject to the limitations of liability identified in this Agreement, the
 appointed arbitrators may award monetary damages and any other remedies allowed by the laws
 of the State of Utah. In making a determination, the arbitrator will not have the authority
 to modify any term or provision of this Agreement. The arbitrator will deliver a reasoned
 written decision with respect to the dispute (the "Award") to each party, who
 will promptly act in accordance with the Award. Any Award (including interim or final remedies)
 may be confirmed in or enforced by a state or federal court located in Salt Lake City, Utah.
 The decision of the arbitrator will be final and binding on the parties, and will not be
 subject to appeal or review.

(g) **Fees.** Each of you and us will advance one-half of the fees and expenses of the arbitrators,
 the costs of the attendance of the arbitration reporter at the arbitration hearing, and the
 costs of the arbitration facility. In any arbitration arising out of or related to this Agreement,
 the arbitrators will award to the prevailing party, if any, the costs and attorneys'
 fees reasonably incurred by the prevailing party in connection with those aspects of its
 claims or defenses on which it prevails, and any opposing awards of costs and legal fees
 awards will be offset.

(h) **Confidentiality.** The parties will maintain the confidential nature of the arbitration proceeding, the
 hearing and the Award, except (i) as may be necessary to prepare for or conduct the arbitration
 hearing on the merits, (ii) in connection with a court application as contemplated above
 for a preliminary remedy, or confirmation of an Award or its enforcement, (iii) our disclosure
 of the Award in confidential settlement negotiations, or (iv) as otherwise required by applicable
 Laws. The parties, witnesses, and arbitrator will treat as confidential and will not disclose
 to any third person (other than witnesses or experts) any documentary or other evidence produced
 in any arbitration hereunder, except as required by Law or except if such evidence was obtained
 from the public domain or was otherwise obtained independently from the arbitration.

(i) **Conflict of Rules.** In the case of a conflict between the provisions of this Section 12(i) and
 the rules governing arbitration identified above, the provisions of this Section 12(i) will
 prevail. If any provision of this Agreement to arbitrate is held invalid or unenforceable,
 it will be so held to the minimum extent required by Law and all the other provisions will
 remain valid and enforceable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13.** **Miscellaneous** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Modifications; Amendments.** Any changes to these terms will be in writing and agreed to by the affected
 Party.

(b) **Assignment.** You may not assign or transfer your rights or obligations under this Agreement, but our
 rights (collectively or individually) may be assigned by us without restriction.

(c) **Notices.** Except as otherwise stated, notices to us may be sent to us via Stripe Support.

(d) **Severability.** If any provision of this Agreement is deemed invalid or unenforceable under any law,
 rule, or regulation, the remainder of the Agreement will remain in effect.

(e) **Complete Agreement.** This Agreement and the Stripe Services Agreement (as incorporated) represent
 the entire agreement between the Parties pertaining to the Loan.

(f) **Survival.** The obligations in Section 9 (Indemnification), 12 (Disputes and Governing Law), this
 Section 13 (Miscellaneous) will survive any expiration or termination of this Agreement.

(g) **Register.** You hereby appoint Stripe, on your behalf, for the purpose of maintaining a register
 or system in order to record the amount of the Outstanding Balance of the Loan (which will
 set forth the Loan Amount and the Fixed Fee on the Loan) and the name and address of any
 owner of the Loan (including any assignee or transferee, if any, who becomes the subsequent
 owner of any portion of the Loan) (the "**Register** "). The Parties hereto
 agree that the person(s) whose name and address is recorded in the Register as the current
 owner of the Loan is treated as the person entitled to the Outstanding Balance (which is
 comprised of the Loan Amount and the Fixed Fee on the Loan) of the Loan. The Register must
 be updated for any transfer of the right to receive any of the Outstanding Balance (which
 is comprised of the Loan Amount and Fixed Fee on the Loan) of the Loan to be effected.

(h) **No Waiver**. Your breach of any part of this Agreement will not affect our right to (a) enforce
 your promise to pay all amounts owed under this Agreement, or (b) use any remedy legally
 available to us.

(i) **Relationship of the Parties**. This Agreement supplements the Stripe Services Agreement. To the extent
 any terms of this Agreement conflict with the terms of the Stripe Services Agreement, the
 terms of this Agreement will prevail with respect to the Loan. Except as provided in this
 Agreement and with respect to the Loan, all terms and conditions of the Stripe Services Agreement
 remain in full force and effect.

(j) **Confidentiality**.
 This Agreement constitutes our confidential information, and you may not use or disclose
 this information without the Bank's prior written consent. Without limiting your general
 duty with respect to non-disclosure of the information, any non-disclosure obligations in
 the Stripe Services Agreement also apply to the information with respect to you and Stripe.

## Add

**Exhibit 6.26**

**Stripe Capital Program**

Loan Agreement

*Your business loan under this Loan Agreement is being offered by Celtic Bank.*

**Financing Summary**

---

| | | | |
|:---|:---|:---|:---|
| **Loan Amount**<br> *The amount of credit extended to you under this Agreement.* | $23300.00 | **Fixed Fee**<br> *The cost of your Loan.* | $3378.00 |
| **Total Repayment Amount**<br> *Includes the Loan Amount and the Fixed Fee.* | $26678.00 | **Repayment Rate** <br> *The percentage of daily Merchant Receivables withheld to repay your Loan.* | 30.00% |

---

**Merchant and Agreement Summary**

---

| | | | |
|:---|:---|:---|:---|
| **Merchant** | Name: Advocacy Lab LLC<br> Address:1206 Laskin Rd, Suite 201-o, Virginia Beach, VA, 23451, US<br> Merchant Representative: Travis Trawick<br> Stripe Account ID: acct_1Qyo4tGza0F7JPwy | Name: Advocacy Lab LLC<br> Address:1206 Laskin Rd, Suite 201-o, Virginia Beach, VA, 23451, US<br> Merchant Representative: Travis Trawick<br> Stripe Account ID: acct_1Qyo4tGza0F7JPwy | Name: Advocacy Lab LLC<br> Address:1206 Laskin Rd, Suite 201-o, Virginia Beach, VA, 23451, US<br> Merchant Representative: Travis Trawick<br> Stripe Account ID: acct_1Qyo4tGza0F7JPwy |
| **Origination Date\*\*** | February 6, 2026 | **Minimum Payment Amount** | $2964.23 |
| **Minimum Payment Period** | Every 60 days | **Prior Financing Balance**<br> *(if applicable)* | $0.00 |
| **Net Loan Proceeds** | $23300.00 | **Repayment Start Date\*\*** | February 13, 2026 |
| **Final Repayment Date\*\*** | August 7, 2027 |  |  |

---

*\* If you have a Prior Outstanding Balance, you may receive slightly more funds in your account than shown, as we will continue to collect payments on your prior agreement until your new loan is funded. Your actual Net Loan Proceeds amount will be reflected on your contract after your loan has been disbursed.*

*\*\* You acknowledge that Stripe will fill in these dates based on the origination date if your application is approved. A final copy of this agreement will be available through your dashboard.*

The Stripe Capital Program ("**Program**") is a business loan program for users of Stripe, Inc.'s payment processing platform, who may apply for and receive commercial-purpose loans from Celtic Bank. Stripe, Inc. provides software for your payment card transactions, as described in the Stripe Services Agreement (defined below). Loans will be serviced by Stripe Servicing, Inc. ("**SSI**"), a wholly-owned subsidiary of Stripe, Inc. For purposes of this Agreement, SSI and Stripe, Inc. shall be collectively referred to as "**Stripe**".

This Loan Agreement ("**Agreement**") is among you, Stripe, and Bank (defined below). As used in this Agreement, "**we**," "**us**," and "**our**" refer collectively to Bank and Stripe. "**Merchant**," "**you**" and "**your**" refer to the entity associated with the Stripe Account that has applied for, qualified for, and received a commercial loan through the Program (such commercial loan, the "**Loan**") pursuant to this Agreement, as indicated in the summary box above.

Subject to this Agreement, you may receive a business-purpose loan from Bank. After funding, Stripe will automatically withhold the agreed upon Repayment Rate of your daily Merchant Receivables until the Total Repayment Amount is transferred to fully repay the Loan. Your Loan terms are summarized in the boxes above, and described in detail in the following text. When calculating the Total Repayment Amount and the Prior Outstanding Balance, and at any time thereafter while you have an Outstanding Balance, we have the right to waive a portion of your fixed fee at our sole discretion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.** **Definitions** 

"**SSI**" means Stripe Servicing, Inc., a wholly-owned subsidiary of Stripe, Inc., which will act as servicer of your Loan as agent on behalf of Bank, together with its successors and assigns.

"**Bank**" means Celtic Bank, its agents, and assignees. For avoidance of doubt, Celtic Bank (and not its agents and assignees) is the originator and creditor of your Loan.

"**Disbursement Date**" means the date the Net Loan Proceeds are approved to be disbursed to your Stripe Account.

"**Final Repayment Date**" means the date, as specified in the summary box above, on which the Outstanding Balance is due and payable in full.

"**Fixed Fee**" means the one-time fee assessed by Bank and represents the total cost of your Loan. The Fixed Fee is specified in the summary box above.

"**Governmental Authority**" means any governmental or self-regulatory body that has jurisdiction over you, us, or the Program, including: (i) any federal, state, local, foreign or other court; and (ii) any governmental department, bureau, or agency.

"**Linked Bank Account**" means any transaction account linked to your Stripe Account, which must not have been established primarily for personal, family, or household purposes.

"**Loan**" has the meaning found in the introduction.

"**Loan Amount**" is the dollar amount of funds extended to you by Bank under this Agreement. If you have a Prior Outstanding Balance, the Loan Amount may differ from the Net Loan Proceeds.

"**Merchant**" "**you**" or "**your**" has the meaning set forth in the introduction.

"**Merchant Receivables**" means the funds owed to you arising from sales through Stripe, Inc.'s payment processing services, as such services are described in the Stripe Services Agreement.

"**Minimum Payment Amount**" means the amount specified in the summary box above. The Minimum Payment Amount is due to Bank by the end of each payment period, beginning on the Repayment Start Date.

"**Minimum Payment Period**" means the period of time in which every Minimum Payment Amount is due, as indicated in the summary box above.

"**Minimum Payment Due Date**" means the date that each Minimum Payment Amount is due. The first Minimum Payment Due Date will occur one Minimum Payment Period after the Repayment Start Date. For example, if your Minimum Payment Period is every 30 days, then your first Minimum Payment Due Date will occur 30 days after the Repayment Start Date. Each Minimum Payment Due Date will occur according to that time period until the Final Repayment Date.

"**Net Loan Proceeds**" is the Loan Amount less the Prior Financing Balance, if applicable. The Net Loan Proceeds represents the actual amount of funds that you will receive in your Stripe Account.

"**Obligations**" has the meaning set forth in Section 6(a).

"**Origination Date**" means the date on which the Loan Amount is advanced to you. The Origination Date is found in the summary box above, and will say "TBD" if you are reviewing as part of your application.

"**Outstanding Balance**" is the Total Repayment Amount less any repayments you have made toward your Loan. The Outstanding Balance represents the total amount of funds that you are obligated to repay to Bank at any given point in time.

"**Parties**" means, collectively, Merchant, Bank, and Stripe.

"**Principal Owner**" means, with respect to a legal entity: (1) each individual, if any, who, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, owns 25 percent or more of the equity interests of the legal entity; and (2) one individual with significant responsibility for managing the legal entity, such as an executive officer or senior manager (e.g., Chief Executive Officer, Chief Financial Officer, Chief Operating Officer, Managing Member, General Partner, President, Vice President, Treasurer) or any other individual who regularly performs similar functions.

"**Prior Financing Balance**" means (i) the dollar value equivalent of any outstanding merchant cash advance that the Stripe Account associated with this Agreement previously received through Stripe, Inc., and/or (ii) any outstanding loan that the Stripe Account associated with this Agreement has obtained pursuant to the Program. Notwithstanding the prior sentence, we may at our discretion choose to waive any portion of fees associated with (i) or (ii) when calculating the Prior Financing Balance.

"**Repayment Acceleration**" means a temporary or permanent increase in your Repayment Rate or request for additional payments on the Outstanding Balance. The terms and duration of any Repayment Acceleration will be determined at our discretion.

"**Repayment Rate**" means the percentage of sales volume to be debited from each transaction of your Merchant Receivables in order to repay your Loan. Such amounts will be debited from your Merchant Receivables on a per transaction basis and will be applied toward your Outstanding Balance until the Total Repayment Amount is paid in full.

"**Repayment Start Date**" means the first date that we will begin withholding funds equal to the Repayment Rate from your Merchant Receivables which is seven days after the Origination Date. Your Repayment Start Date is specified in the summary box above.

"**Stripe Account**" means, collectively, all accounts that are used by you (as Merchant) pursuant to the Stripe Services Agreement.

"**Stripe**" has the meaning set forth in the introduction, together with any successors and assigns.

"**Stripe Services Agreement**" means the Stripe Services Agreement — United States and any applicable additional terms, as may be amended from time to time.

"**Total Repayment Amount**" is the total sum of the Loan Amount and the Fixed Fee. The Total Repayment Amount is set forth in the summary box above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.** **Information About Your Loan** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Bank
 is extending the commercial-purpose Loan to you in the Loan Amount, and the amount of funds
 you will receive is equal to the Net Loan Proceeds. You agree to receive the Net Loan Proceeds
 in your Stripe Account.

(b) You
 represent that you are a commercial business enterprise organized in the United States.  ***You agree that your Loan will be for your business purposes only*** . You acknowledge that
 legal protections for consumers do not apply to your Loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.** **Loan Repayment** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Prior Financing Balance**. If you have a Prior Financing Balance, we will first apply the Loan
 Amount to repay any Prior Financing Balance outstanding as of the Disbursement Date. The
 remaining funds, which are equal to the Net Loan Proceeds, will be deposited to your Stripe
 Account. Any prior agreements related to a Prior Financing Balance are hereby superseded
 and replaced by this Agreement.

(b) **Repayment Periods**. You agree (i) to pay the Minimum Payment Amount on each Minimum Payment Due
 Date, and (ii) to pay the Total Repayment Amount in full by the Final Repayment Date.

(c) **Repayment Method**. Beginning on the Repayment Start Date, you authorize us to withhold funds on
 a per transaction basis in the amount of the Repayment Rate from your Merchant Receivables
 for purposes of repaying your Loan. You acknowledge and agree that we will continue to withhold
 Merchant Receivables in this manner even if your withheld Merchant Receivables exceed the
 Minimum Payment Amount for a particular Minimum Payment Period. Under no circumstances are
 we obliged to return withheld Merchant Receivables that are transferred to us, including
 in the event that one or more of the transactions that created a portion of the Merchant
 Receivables are subject to refund, return, or dispute.

If your withheld Merchant Receivables for an applicable payment period do not equal at least the Minimum Payment Amount by the applicable Minimum Payment Due Date, you authorize us to (a) offset funds from your Stripe Account in an amount equal to the difference between the Minimum Payment Amount and the withheld Merchant Receivables and/or (b) debit your Linked Bank Account in an amount equal to the difference between the Minimum Payment Amount and the withheld Merchant Receivables. If we are unable to successfully debit your Linked Bank Account or if we are notified that your Linked Bank Account has insufficient funds to complete the debit, we may re-attempt to debit your Linked Bank Account up to two additional times to obtain your Minimum Payment Amount. You agree that we will have no liability if we cannot successfully debit your Linked Bank Account or if your Linked Bank Account has insufficient funds when we attempt (or re-attempt) to debit your Linked Bank Account. If we cannot successfully debit your Linked Bank Account or if your Linked Bank Account has insufficient funds, you authorize us to debit or setoff funds you owe us from future amounts processed under the terms of your Stripe Services Agreement. You acknowledge and agree to be bound by National Automated Clearing House Association's rules for business-related ACH debits and credits.

You may be assessed returned payment fees related to any insufficient funds transaction. You may change your Linked Bank Account on your dashboard at any time; however, we are not responsible for any fees or losses you suffer that result from erroneous Linked Bank Account information provided by you, or due to the timing of the change.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) **Order of Payments.** Until the Total Repayment Amount is due, your Loan repayments will be applied
 to the Outstanding Balance in the following order, *first*, to repay any past-due amounts
 (if any) and *second*, to repay current amounts due.

(e) **Early Repayment**. You may repay your Outstanding Balance in full or in part at any time without
 penalty. You will still owe the full amount of the Fixed Fee documented in this Agreement.

(f) **Effect of Multiple Accounts**. If you have multiple Stripe Accounts, we may apply your Minimum
 Payment obligation or any applicable Repayment Rate to your other Stripe Accounts for purposes
 of repaying your Loan. You may be deemed to have multiple Stripe Accounts if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) You
 submit transaction charges through multiple Stripe Accounts; or

(ii) You
 attempt to receive payment card processing proceeds through multiple Stripe Accounts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.** **Cancellation** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Voluntary Cancellation**. You may withdraw your application up to 48 hours after you have applied
 for a loan. If the Bank approves your loan application within your 48-hour withdrawal period,
 then you may cancel this Agreement up until the end of the 48-hour period. After the 48-hour
 period has passed, you will not be able to cancel this agreement. If you cancel this Agreement,
 we will debit the Loan Amount from your Stripe Account or your Linked Bank Account, as applicable.
 Your Loan will not be deemed canceled if the debit to your Stripe Account or your Linked
 Bank Account is unsuccessful.

(b) **Cancellation Due to Unsuccessful Funds Transfer**. If we are unable to transfer your Loan funds to your
 Stripe Account or to your Linked Bank Account, we will make best efforts to contact you to resolve the matter. If within a reasonable time you have not (i) responded to our request or (ii) otherwise given us instructions to initiate
a successful transfer, this Agreement will be canceled.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) **Reinstatement of Prior Financing Obligation**. If this Agreement is canceled and you owe a Prior Financing
 Balance, your obligation related to the Prior Financing Balance will be immediately due and
 payable to Stripe (in the case of a merchant cash advance) or Bank (in the case of another
 commercial purpose loan through the Program). You will pay this amount through a debit to
 your Stripe Balance, Linked Bank Account or any other account that you have authorized Stripe
 to debit pursuant to any agreement with Stripe.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.** **Your Obligations** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) While
 your Loan has an Outstanding Balance, you will:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Maintain
 or increase the proportion of your business that you conduct on Stripe's payment processing
 platform (measured as of the Origination Date) and conduct your business under the same name
 and in a manner consistent with past practice.

(ii) Prevent
 the diversion of Merchant Receivables to any other processor, and not cause the dollar amount
 of Receivables processed through your Stripe Account to be diverted to another processor.

(iii) In
 any thirty (30) day period, process Receivables with Stripe at no less than fifty percent
 (50%) of the lowest dollar amount of Receivables that you processed in any month in the prior
 twelve (12) months.

(iv) Cooperate
 fully with us to take all actions necessary to meet each obligation in this Agreement and
 to enable us to exercise our rights under this Agreement, including by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Providing
 a full response to us within two business days of receiving a request for information about
 your business (including financial and bank account statements, transaction files, and any
 other information related to your business's payment processing volumes or Merchant
 Receivables) or your compliance with this Agreement;

(2) Promptly
 signing documents that we deem necessary; and

(3) Permitting
 us and our agents, contractors, and designees to enter your premises at any reasonable time
 during the term of this Agreement for the purposes of verifying your compliance with this
 Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) Comply
 with the Stripe Services Agreement and applicable card network rules.

(vi) Maintain
 your Stripe Account in good standing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) While
 your Loan has an Outstanding Balance, you hereby covenant and agree to not, without the prior
 written consent of Bank:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Engage
 in any business activities that are substantially different in nature or character from your
 current business as in existence on the Origination Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Decrease
 or otherwise limit the types or quantities of products and services that you offer as of
 the Origination Date.

(iii) Decrease
 or otherwise limit the number or type of physical and online sales channels used by your
 business as of the Origination Date.

(iv) Take
 any action that would discourage the use of any payment methods facilitated by Stripe's
 payment processing services. However, you may impose certain charges on credit card transactions
 permitted by card network rules.

(v) Allow
 another party to assume or take over the operation or control of your business or business
 location, whether physical or virtual.

(vi) Sell,
 dispose, convey, or otherwise transfer any of your business or assets (other than in the
 ordinary course of business).

(vii) Terminate
 your Stripe Account.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.** **Security Interest** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Collateral.** As security for your obligation to pay the Total Repayment Amount, along with the payment
 and performance of all your other obligations under this Agreement, including (but not limited
 to): (i) reasonable attorney's fees and expenses under Section 9(a), and (ii) any fees
 or expenses related to a bankruptcy or other insolvency proceeding under Section 6(a) (collectively,
 the "Obligations") you hereby grant to Bank and each subsequent owner of any
 portion of the Loan a security interest in the following, whether existing now or in the
 future, and wherever located:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) all
 Merchant Receivables and all accounts and payment intangibles (as those terms are defined
 in the Uniform Commercial Code as in effect in the State of Utah) related thereto;

(ii) your
 Stripe Account and all funds held therein from time to time;

(iii) all
 proceeds of any of the aforementioned items; and

(iv) all
 business assets wherever located.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) **Stripe as Controller of Stripe Account.** As a result of the security interest you grant to Bank,
 as long as any portion of the Total Repayment Amount remains outstanding, your Stripe Account
 will be under the sole control of Stripe. Until a default under this Agreement occurs, Stripe
 allows you and your agents to withdraw funds from the Stripe Account.

(c) **Perfecting Security Interest.** Bank and each subsequent owner of any portion of the Loan hereby irrevocably
 appoints Stripe as its secured party representative with full power and authority on behalf
 of Bank to perfect the security interest in the collateral granted hereunder and to enforce
 Bank's rights and remedies with respect thereto, and Stripe accepts such appointment. Stripe,
 as secured party representative on behalf of Bank and each subsequent owner of any portion
 of the Loan, will have the exclusive rights to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Require
 that any bank or securities intermediary where any collateral is located to acknowledge Bank's
 security interest in and control of the collateral.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Direct
 and provide instructions to such bank or securities intermediary as to the disposition of
 the account collateral to fulfill your obligations under this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) In
 addition, you authorize us to file at any time (and from time to time) any financing statements
 describing the collateral set forth above, along with all amendments to financing statements,
 continuation financing statements, and all other documents and instruments, for the purpose
 of perfecting and maintaining the priority of Bank's security interest in such collateral.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.** **Data Protection and Privacy** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Bank
 will use and care for your data in the manner described in the Celtic Bank Privacy Policy.
 Stripe will use and care for your data in the manner described in the Stripe Privacy Policy
 and Stripe Services Agreement.

(b) If
 you applied for your Loan as a Connected Account through Stripe Connect, you understand and
 agree that Stripe may share your Loan data (including data in connection with repayments,
 delinquencies, and defaults) with your Connect Platform.

(c) Stripe
 may share your business data and certain Personal Data, including the legal name of your
 business, the name of your representative, and your business address with Bank's successors
 and assigns, including investors who may receive the rights to payments of your loan. We
 may share your business data and certain Personal Data with also service providers to secure
 loans.

(d) By
 accepting these terms, you agree that Stripe may regularly send your business's loan
 repayment data and your contact information to the Small Business Financial Exchange (SBFE)
 to improve the accuracy of your business credit history for the benefit of future potential
 creditors of your business. You also agree that Stripe may regularly access your business
 credit history with SBFE. SBFE will use your data in accordance with their Privacy Policy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.** **Termination and Default** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Termination of Agreement**. This Agreement will remain in effect until the entire Total Repayment Amount
 and all other obligations have been repaid in full, unless terminated under the terms of
 this section.

(b) **Events of Default**. We may determine that you are in default of this Agreement if you: (i) breach
 this Agreement (including any representation or covenant herein), (ii) do not repay your
 Minimum Payment Amounts owed when due, (iii) do not repay your Outstanding Balance when due,
 (iv) file for dissolution or bankruptcy; (v) misrepresent a fact in your Loan application,
 or use or maintain a Stripe Account using inaccurate or false information; or (vi) pose an
 unacceptable regulatory, reputational, or financial risk. You will pay any legal fees we
 incur and all other reasonable costs we incur while collecting amounts owed by you under
 this Agreement. Subject to applicable law, you agree that we have the right to set-off or
 recoup any amount you owe under this Agreement or any related claim against or from any amounts
 processed by Stripe under the terms of the Stripe Services Agreement.

(c) **Additional Rights upon Default**. If we determine you are in default of this Agreement, we may (i)
 initiate Repayment Acceleration, (ii) demand immediate repayment of the Outstanding Balance;
 (iii) debit any past due amounts from your Linked Bank Account; and/or (iv) temporarily or
 permanently increase your Repayment Rate. In addition to the foregoing, you agree to provide
 any information necessary to monitor your business activity, including bank statements and screenshots or copies of statements from any other payment
processors you may use for your business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) If
 you do not repay your Outstanding Balance or Minimum Payment Amounts when due, we may enforce
 our rights solely against your business assets, including the security interests described
 in Section 6. Regardless of whether we enforce our rights against your business assets, your
 duty to repay your Loan and our enforcement rights remain unchanged.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.** **Indemnification** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) You
 will, at your own expense, hold harmless, defend, protect, and indemnify us from and against
 all losses, claims, breaches, suits, damages, liabilities, costs, charges, reasonable attorneys'
 fees, judgments, fines, court costs and expenses, amounts paid in settlement, fees or expenses
 related to a bankruptcy or other insolvency proceeding, and all other liabilities of every
 nature, kind, and description regardless of the form of action or legal theory incurred by
 us, related to any action or threatened action, suit, claim, proceeding or regulatory action,
 regardless of merit brought by any third party against us caused or incurred by, resulting
 from, arising out of, or related to your: (i) material breach of any obligation, representation,
 warranty or covenant in this Agreement; (ii) any actual or alleged infringement, violation,
 or misappropriation of a third party's intellectual property or proprietary rights;
 (iii) gross negligence, fraud or intentional misconduct; or (iv) violation of applicable
 law.

(b) To
 the extent any amounts are owed to us pursuant to paragraph (a) of this Section 9, we shall
 have the right to (i) withhold Merchant Receivables, (ii) withdraw funds from your Stripe
 Account or Linked Bank Account, and/or (iii) temporarily or permanently increase your Repayment
 Rate until such amounts are paid in full. The rights listed in this paragraph are not exhaustive
 and we may seek other remedies or means of payment for any amounts owed to us.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.** **Your Stripe Account** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Effect of Stripe Ceasing to Withhold Loan Payments**. In the event that we are unable to withhold
 your Merchant Receivables or otherwise unable to debit your Linked Bank Account to repay
 your Loan, we may assign or transfer the servicing obligations of this Agreement, and our
 rights and remedies under this Agreement, without prior notice to you. If such a transfer
 is made, you agree:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To
 make payments in the Minimum Payment Amount to the designated servicer on the Minimum Payment
 Due Date;

(ii) To
 comply with additional instructions and methods as provided by the new servicer;

(iii) To
 execute any necessary authorization in order for such payments to be made; and

(iv) That
 any new service provider is authorized to make any such debit to your Linked Bank Account,
 provided that such new service provider affords you with a reasonable notification of any
 alternative payment timing and instructions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.** **Representations and Warranties** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Merchant Representations and Warranties**. You represent and warrant that as of the Origination
 Date and until full repayment of the Total Repayment Amount:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) You
 are applying for credit solely for business purposes and not for personal, family or household
 use. Any credit extended under this Agreement, including the Loan Amount, is solely for business
 purposes and not for personal, family or household use. Additionally, your Linked Bank Account
 was not established primarily for personal, family, or household purposes.

(ii) You
 have the power and authority to enter into and perform Merchant's duties and obligations
 under this Agreement. You have any documents required to facilitate the transactions contemplated
 by this Agreement. You have taken all necessary action to authorize their respective execution
 and delivery of, and performance under, this Agreement. You are not a party to any contract
 or aware of any existing situation that would prevent you from entering into or performing
 your obligations under this Agreement.

(iii) The
 individual executing this Agreement is authorized on behalf of Merchant to do so, is at least
 18 years of age, and has the legal capacity and all necessary authority to bind Merchant
 to this Agreement.

(iv) Your
 Merchant Receivables (i) have not been sold as of the Origination Date, and (ii) are not
 subject to any claims, charges, liens, restrictions or security interests where the third
 party holding a security interest in Merchant Receivables is currently exercising its remedies.

(v) You
 possess and are in compliance with all permits, licenses, approvals, consents and any other
 authorizations necessary to conduct your business.

(vi) The
 execution of this Agreement will not conflict with (i) any applicable federal, state, or
 local laws or regulations, (ii) any agreements to which you are a party, and (iii) your articles
 or certificate of incorporation, bylaws, or other organizational documents.

(vii) You
 possess all requisite permits, authorizations and licenses to own, operate and lease your
 properties and to conduct the business in which it is presently engaged.

(viii) You
 have time and will timely file and pay all federal, state, local, and foreign tax returns
 and tax reports. All such returns and reports are and will be true, correct and complete.

(ix) You
 have no material liabilities that would prevent your ability to perform or satisfy your obligations
 under this Agreement and, to the best of your knowledge, know of no material contingent liabilities,
 except current liabilities incurred in the ordinary course of business, that would prevent
 your ability to perform or satisfy your obligations under this Agreement.

(x) Your
 performance under this Agreement does not and will not conflict with other agreements to
 which you are a party or beneficiary. Additionally, your performance under this Agreement
 will not result in (i) any violation or default of other agreements; (ii) any entitlement
 of any person or entity to receipt of notice or right of consent; (iii) a right of termination,
 cancellation, guaranteed rights or acceleration of any obligation or to loss of a benefit;
 or (iv) the creation of any claim on the properties or assets of Merchant.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) There
 is no action, suit, claim, investigation, or legal, administrative, or arbitration proceeding
 pending or currently threatened (whether at law or in equity) or before any Governmental
 Authority against Merchant.

(xii) Merchant
 has not declared bankruptcy within the past seven years and is not currently contemplating
 the filing of a bankruptcy proceeding or closing or materially modifying Merchant's business.
 Merchant is solvent and financially capable of fulfilling its obligations under this Agreement.

(xiii) Merchant
 is validly existing and in good standing under any applicable laws of Merchant's state
 of organization.

(xiv) Merchant
 is in compliance with all statutes, rules, regulations, orders, or restrictions of all applicable
 Governmental Authorities.

(xv) You,
 your Principal Owners, and your employees are not currently and will not become subject to
 a U.S. Office of Foreign Asset Control list, or any law, regulation, or other list of any
 government agency that prohibits or limits us from providing Accounts or Cards to you or
 from otherwise conducting business with you.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.** **Disputes and Governing Law** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Governing Law.** This Agreement, and any claims or controversies arising hereunder, are governed
 by Utah law, without regard to Utah's conflict of law principles.

(b) **Binding Individual Arbitration.** You, Bank, Stripe and any successors or assigns agree to arbitrate
 all disputes, claims and controversies arising out of or relating to statutory or common
 law claims, the breach, termination, enforcement, interpretation or validity of any provision
 of this Agreement (collectively a "Dispute"). Any Dispute will be determined
 by arbitration in Salt Lake City, Utah before a single arbitrator. The arbitration will be
 administered by the American Arbitration Association under its Commercial Arbitration Rules.
 The Expedited Procedures of the American Arbitration Association's Commercial Arbitration
 Rules will apply for cases in which no disclosed claim or counterclaim exceeds $75,000 (exclusive
 of interest, attorneys' fees and arbitration fees and costs). Where no party's
 claim exceeds $25,000 (exclusive of interest, attorneys' fees and arbitration fees
 and costs), and in other cases in which the parties agree, Section E-6 of the Expedited Procedures
 of the American Arbitration Association's Commercial Arbitration Rules will apply.
 The arbitrator will apply the substantive law of the State of Utah, exclusive of its conflict
 or choice of law rules. If the American Arbitration Association is no longer in business,
 or refuses or declines to administer any dispute between the parties brought before it, either
 party may petition the United States District Court for District of Utah to appoint the arbitrator.
 Nothing in this paragraph will preclude the parties from seeking provisional remedies in
 aid of arbitration from a court of appropriate jurisdiction. The parties acknowledge that
 this Agreement evidences a transaction involving interstate commerce. Notwithstanding the
 provisions in this paragraph referencing applicable substantive law, the Federal Arbitration
 Act (9 U.S.C. §§ 1-16) will govern any arbitration conducted pursuant to the terms
 of this Agreement.

(c) **Commencement.** Any party may commence arbitration by providing to the American Arbitration Association
 and the other party to the dispute a written demand for arbitration, setting forth the subject
 of the dispute and the relief requested.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) **Service of Process.** Each party hereby irrevocably and unconditionally consents to service of
 process through personal service at their corporate headquarters, registered address, or
 primary address (for individuals or sole proprietors). Nothing in this Agreement will affect
 the right of any party to serve process in any other manner permitted by Law.

(e) **Class Waiver.** To the fullest extent permitted by Law, each of the parties agrees that any dispute
 arising out of or in connection with this Agreement, whether in arbitration or in court,
 will be conducted only on an individual basis and not in a class, consolidated or representative
 action. If for any reason a claim or dispute proceeds in court rather than through arbitration,
 each party knowingly and irrevocably waives any right to trial by jury in any action, proceeding
 or counterclaim arising out of or relating to this Agreement or any of the transactions contemplated
 between the parties.

(f) **Provision of an Award.** Subject to the limitations of liability identified in this Agreement, the
 appointed arbitrators may award monetary damages and any other remedies allowed by the laws
 of the State of Utah. In making a determination, the arbitrator will not have the authority
 to modify any term or provision of this Agreement. The arbitrator will deliver a reasoned
 written decision with respect to the dispute (the "Award") to each party, who
 will promptly act in accordance with the Award. Any Award (including interim or final remedies)
 may be confirmed in or enforced by a state or federal court located in Salt Lake City, Utah.
 The decision of the arbitrator will be final and binding on the parties, and will not be
 subject to appeal or review.

(g) **Fees.** Each of you and us will advance one-half of the fees and expenses of the arbitrators,
 the costs of the attendance of the arbitration reporter at the arbitration hearing, and the
 costs of the arbitration facility. In any arbitration arising out of or related to this Agreement,
 the arbitrators will award to the prevailing party, if any, the costs and attorneys'
 fees reasonably incurred by the prevailing party in connection with those aspects of its
 claims or defenses on which it prevails, and any opposing awards of costs and legal fees
 awards will be offset.

(h) **Confidentiality.** The parties will maintain the confidential nature of the arbitration proceeding, the
 hearing and the Award, except (i) as may be necessary to prepare for or conduct the arbitration
 hearing on the merits, (ii) in connection with a court application as contemplated above
 for a preliminary remedy, or confirmation of an Award or its enforcement, (iii) our disclosure
 of the Award in confidential settlement negotiations, or (iv) as otherwise required by applicable
 Laws. The parties, witnesses, and arbitrator will treat as confidential and will not disclose
 to any third person (other than witnesses or experts) any documentary or other evidence produced
 in any arbitration hereunder, except as required by Law or except if such evidence was obtained
 from the public domain or was otherwise obtained independently from the arbitration.

(i) **Conflict of Rules.** In the case of a conflict between the provisions of this Section 12(i) and
 the rules governing arbitration identified above, the provisions of this Section 12(i) will
 prevail. If any provision of this Agreement to arbitrate is held invalid or unenforceable,
 it will be so held to the minimum extent required by Law and all the other provisions will
 remain valid and enforceable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13.** **Miscellaneous** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **Modifications; Amendments.** Any changes to these terms will be in writing and agreed to by the affected
 Party.

(b) **Assignment.** You may not assign or transfer your rights or obligations under this Agreement, but our
 rights (collectively or individually) may be assigned by us without restriction.

(c) **Notices.** Except as otherwise stated, notices to us may be sent to us via Stripe Support.

(d) **Severability.** If any provision of this Agreement is deemed invalid or unenforceable under any law,
 rule, or regulation, the remainder of the Agreement will remain in effect.

(e) **Complete Agreement.** This Agreement and the Stripe Services Agreement (as incorporated) represent
 the entire agreement between the Parties pertaining to the Loan.

(f) **Survival.** The obligations in Section 9 (Indemnification), 12 (Disputes and Governing Law), this
 Section 13 (Miscellaneous) will survive any expiration or termination of this Agreement.

(g) **Register.** You hereby appoint Stripe, on your behalf, for the purpose of maintaining a register
 or system in order to record the amount of the Outstanding Balance of the Loan (which will
 set forth the Loan Amount and the Fixed Fee on the Loan) and the name and address of any
 owner of the Loan (including any assignee or transferee, if any, who becomes the subsequent
 owner of any portion of the Loan) (the "**Register** "). The Parties hereto
 agree that the person(s) whose name and address is recorded in the Register as the current
 owner of the Loan is treated as the person entitled to the Outstanding Balance (which is
 comprised of the Loan Amount and the Fixed Fee on the Loan) of the Loan. The Register must
 be updated for any transfer of the right to receive any of the Outstanding Balance (which
 is comprised of the Loan Amount and Fixed Fee on the Loan) of the Loan to be effected.

(h) **No Waiver**. Your breach of any part of this Agreement will not affect our right to (a) enforce
 your promise to pay all amounts owed under this Agreement, or (b) use any remedy legally
 available to us.

(i) **Relationship of the Parties**. This Agreement supplements the Stripe Services Agreement. To the extent
 any terms of this Agreement conflict with the terms of the Stripe Services Agreement, the
 terms of this Agreement will prevail with respect to the Loan. Except as provided in this
 Agreement and with respect to the Loan, all terms and conditions of the Stripe Services Agreement
 remain in full force and effect.

(j) **Confidentiality**.
 This Agreement constitutes our confidential information, and you may not use or disclose
 this information without the Bank's prior written consent. Without limiting your general
 duty with respect to non-disclosure of the information, any non-disclosure obligations in
 the Stripe Services Agreement also apply to the information with respect to you and Stripe.

## Add

**Exhibit 6.27**

**Contracting Agreement**

This **Contracting Agreement** (this **"Agreement"**) is made between **FullPAC, Inc.** (the **"Company"**) and **Trey Trawick** (the **"Contractor"**, **"you"**). This Agreement sets forth the terms and conditions governing your role as an AI Consultant for the Company.

**1. Effective Date**

This contract will commence on April 10, 2026 (the "Effective Date") and shall continue on a month-to-month basis until terminated by either party in accordance with Section 5.

**2. Scope of Services**

&nbsp;&nbsp;&nbsp;&nbsp;a. As AI Consultant, the Contractor will provide the following
(the "Services"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Advise on the Company's overall artificial intelligence
strategy, including adoption priorities, tooling decisions, and integration of emerging technologies such as digital assets and blockchain
infrastructure.

ii. Evaluate and improve internal workflows and operational processes,
identifying opportunities to reduce friction and increase team efficiency through technology.

iii. Design, develop, and deliver custom software tools and standalone
applications intended to support internal teams and enhance organizational productivity.

iv. Contribute to product strategy by providing direction on user
interface and user experience standards, ensuring Company-developed and third-party tools reflect a cohesive, high-quality end-user experience.

v. The Contractor shall exercise independent professional judgment
in determining how best to fulfill the above objectives. Deliverables, priorities, and timelines shall be established collaboratively
with the Company's designated points of contact.

&nbsp;&nbsp;&nbsp;&nbsp;b. Your primary points of contact for any collaborative undertakings
or queries will be Dan Flowers, Chief Technology Officer, and Travis Trawick, Chief Executive Officer.

**3. Compensation**

&nbsp;&nbsp;&nbsp;&nbsp;a. You will receive compensation of $5,000 USD per month for performance
of the Services outlined in Section 2. The Company will issue payment for the initial month on May 1, 2026, with subsequent monthly payments
occurring on the 1st of each following month.

b. You are responsible for your own costs and expenses unless
you receive prior written authorization from the Company that a specific expense will be reimbursed.

c. You are not entitled to any additional benefits such as health
insurance, unemployment, or workers' compensation for services performed under this Agreement.

**4. Hours of Work**

As an independent contractor, you control the hours and methods by which Services are performed. The Company relies on you to put in the necessary number of hours to fulfill the requirements of this Agreement.

**5. Agreement Term**

&nbsp;&nbsp;&nbsp;&nbsp;a. This Agreement shall operate on a month-to-month basis and
will automatically renew at the start of each new month unless terminated or not renewed by either party.

b. The Company may terminate or choose not to renew the Agreement
at any time with at least seven (7) calendar days' written notice to the Contractor.

c. You may terminate or choose not to renew the Agreement by providing
at least fourteen (14) calendar days' written notice to the Company.

d. Either party may terminate this Agreement immediately for cause
if the other party materially breaches any term of the Agreement and fails to cure such breach within ten (10) days of receiving written
notice specifying the nature of the breach.

**6. Independent Contractor Status and Responsibilities**

&nbsp;&nbsp;&nbsp;&nbsp;a. You and the Company agree that the relationship established
under this Agreement shall be that of client and independent contractor. You, or any of your agents or subcontractors, are not to be
considered as employees or agents of the Company. You shall obtain the written consent of the Company prior to using any subcontractor
and shall remain fully liable for their acts and omissions.

b. Prior to any payment for Services, the Contractor must provide
the Company with a completed and signed IRS Form W-9 (Request for Taxpayer Identification Number and Certification).

c. The Company will not withhold any taxes (including, but not
limited to, income, Social Security, and Medicare taxes) from payments made to the Contractor. You are responsible for any and all income
and employment taxes which are required by law to be paid for the Services performed. The Company will report all payments to the Contractor
as required by law, including by issuing an IRS Form 1099-NEC. You agree to hold the Company harmless from any interest, taxes or penalties
assessed against you by any tax authority or governmental agency as a result of your non-payment of any taxes on amounts paid to you
under the terms of this Agreement.

**7. Ownership of Work and Intellectual Property**

&nbsp;&nbsp;&nbsp;&nbsp;a. Work for Hire: All work products in connection with the Services,

considered "works made for hire" and shall be the sole and exclusive property of the Company.

b. Assignment: The Contractor hereby assigns to the Company all
right, title, and interest in and to any intellectual property created or developed by the Contractor within the scope of this Agreement.
The Contractor agrees to execute any additional documents reasonably requested by the Company to confirm the Company's ownership
rights.

**8. Confidentiality and Non-Disclosure**

&nbsp;&nbsp;&nbsp;&nbsp;a. Confidentiality Agreement: The Contractor agrees to execute
a separate Non-Disclosure Agreement ("NDA") prior to providing Services under this Agreement. The NDA shall outline the Contractor's
obligations to maintain the confidentiality of the Company's proprietary information.

b. No Conflicting Obligations: The Contractor represents and warrants
that their performance under this Agreement does not and will not violate any existing agreements with other parties. The Contractor
shall not utilize any confidential or proprietary information of any former employer, client, or third party in the performance of Services
for the Company.

**9. Severability**

&nbsp;&nbsp;&nbsp;&nbsp;a. If any term of this Agreement is held to be invalid, void or
unenforceable, the remainder of the terms herein will remain in full force and effect and will in no way be affected, and the parties
will use their best efforts to find an alternative way to achieve the same result.

**10. Governing Law**

&nbsp;&nbsp;&nbsp;&nbsp;a. This Agreement and the relationship between you and the Company
will be governed by the laws of the Commonwealth of Virginia, without giving effect to any choice or conflict of law provision or rule
whether of the Commonwealth of Virginia or any other jurisdiction.

**11. Dispute Resolution**

&nbsp;&nbsp;&nbsp;&nbsp;a. You and the Company mutually agree that any and all disputes
or claims arising out of this Agreement, including the interpretation and enforcement thereof, shall be submitted to final, binding,
and confidential arbitration, on an individual basis only and not in any collective or class proceeding, in the Commonwealth of Virginia
in accordance with the then prevailing Commercial Arbitration Rules of the American Arbitration Association. The arbitrator's award
shall be binding and may be entered as a judgment in any court of competent jurisdiction. To the extent you have in any manner violated
or threatened to violate the Company's intellectual property rights, the Company may seek injunctive or other appropriate relief
in any court of competent jurisdiction and you consent to jurisdiction and venue in such courts.

**12. Indemnification**

&nbsp;&nbsp;&nbsp;&nbsp;a. You agree to indemnify and hold the Company, its directors,
officers, employees, and affiliates harmless from any claims, damages, liabilities, or expenses arising out of or in connection with
your performance of Services under this Agreement, except to the extent caused by the Company's gross negligence or willful misconduct.

**Acknowledgment and Acceptance**

By signing below, each party acknowledges and fully agrees to the terms and conditions in this Agreement, effective as of the date set forth above:

---

| | |
|:---|:---|
| **FullPAC, Inc.** | **FullPAC, Inc.** |
| By: | */s/ Isaac Dietrich* |
| Name: | Isaac Dietrich |
| Title: | Chief Financial Officer |

---

**Contractor**

---

| |
|:---|
| */s/ Trey Trawick* |
| Trey Trawick |

---

*Address: [Personal address omitted]*

## Add

**Exhibit 6.28**

![](ex6-28_001.jpg)

**INDEPENDENT REFERRAL PARTNER AGREEMENT**

---

| | |
|:---|:---|
| **Company**: | FullPAC, Inc. ("FullPAC" or the "Company") |
| **Referral Partner**: | Elnatan Rudolph ("Referral Partner") |
| **Effective Date**: | January 5, 2026 (the "Effective Date") |
| **Commission**: | **25%** of gross proceeds from all spend by Govtext Legacy Accounts and GOVT Referral Accounts |
|  | **10%** of gross proceeds from all spend by Referral Accounts |
|  | **2%** of gross proceeds from all spend by Associated Referral Accounts |

---

FullPAC is pleased to offer the following terms of engagement for the Referral Partner in this Independent Referral Partner Agreement (this "Agreement").

This Agreement includes and incorporates by reference the Independent Contractor Terms attached hereto as **<u>Schedule A</u>**. This Agreement, together with **<u>Schedule A</u>** (collectively, the "Full Agreement"), constitutes the entire understanding between FullPAC and the Referral Partner. In the event of a conflict between a provision in this Agreement and a provision in **<u>Schedule A</u>**, the terms of this Agreement shall control.

&nbsp;&nbsp;&nbsp;&nbsp;**1.** **Services** 

a) Referral
 Partner will use their extensive training, skills, and experience in the field of constituent outreach to (i) consult with and advise
 the Company on onboarding and managing certain identified existing client accounts, identified on  **<u>Exhibit A</u>** hereto
 ("Govtext Legacy Accounts"), that are expected to use GOVT, Inc. ("GOVT") services following the completion
 of the transaction between GOVT and Govtext, LLC, and (ii) refer potential new, externally-sourced government account clients to
 begin using services offered by GOVT for constituent outreach ("GOVT Referral Accounts")

b) Referral
 Partner will use their extensive training, skills, and experience in the field of political campaigning for the purpose of consulting
 with the Company on its business development efforts and referring new, externally-sourced campaigns ("Referral Accounts")
 into customer relationships with FullPAC or any of its subsidiaries other than GOVT, Inc. (the "Platform") and encouraging
 Referral Accounts to deploy text messages and calls through the Platform. Additionally, Referral Partner will identify additional
 eligible Referral Partners (each an "Associated Referral Partner" and, collectively with respect to each Referral Partner,
 "Associated Referral Partners") to participate in the Referral Partner program and shall be eligible to receive commission
 payments based on sales generated by the Referral Accounts of such Associated Referral Partners (each such Referral Account an "Associated
 Referral Account" and, collectively with respect to each Associated Referral Partner, the "Associated Referral Accounts").

&nbsp;&nbsp;&nbsp;&nbsp;**2.** **Term and Renewal** 

This Agreement will become effective on the Effective Date and will remain in effect until January 1, 2036 (the "Renewal Date"), unless previously terminated in writing by either party (the "Term"). Upon the Renewal Date, this Agreement will automatically renew for an additional two-year term (any such term a "Renewal Term") unless either party provides written notice of its intent not to renew prior to the Renewal Date provided, however, that this Agreement may be terminated by either party for any reason upon thirty (30) days prior written notice without further obligation or liability. Notwithstanding the foregoing, the Company may terminate this Agreement immediately and without prior notice if the Referral Partner refuses to or is unable to perform the services or is in breach of any material provision of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;**3.** **Compensation** 

Referral Partner shall be appointed a reseller of services to Govtext Legacy Accounts during the Term and shall manage the client relationship, invoice Govtext Legacy Accounts, and collect payment. For services provided, the Company shall invoice Referral Partner at the Company's standard client rates less a **25%** discount ("Govtext Legacy Commission"). Referral Partner is authorized to retain any difference in the amount invoiced by the Company to Referral Partner and invoiced by Referral Partner to Govtext Legacy Accounts for the same services, provided that this right shall terminate in the event that Referral Partner elects to terminate this Agreement prior to the Renewal Date.

Referral Partner shall be paid commission during the Term equal to a percentage of proceeds to the Company generated by GOVT Referral Accounts ("GOVT Referral Commission", and together with Govtext Legacy Commission, "GOVT Commission"), which percentage shall be equal to **25%** of the gross proceeds from GOVT Referral Accounts' spend for the duration of the Term.

Referral Partner shall be paid commission during the Term equal to a percentage of proceeds to the Company generated by their Referral Accounts ("Sales Commission"), which percentage shall be equal to **10%** of the gross proceeds from their Referral Accounts' spend for the duration of the Term.

Referral Partner shall also earn a percentage of proceeds to the Company generated from Associated Referral Accounts during the Term ("Associated Referral Commission", together with Sales Commission, "Platform Commission", and together with GOVT Commission, "Commission")), which percentage shall be equal to **2%** of the gross proceeds from their Associated Referral Accounts' spend for the duration of the Term.

Commission terms may be adjusted at the discretion of the Company if a Govtext Legacy Account, GOVT Referral Account, Referral Account or Associated Referral Account requires services at rates lower than those offered by the Company.

Govtext Legacy Commission shall be immediately applied whenever services are provided to Govtext Legacy Clients. Other Commission shall be available for withdrawal by Referral Partner (with the timing and frequency of any withdrawals at Referral Partner's sole discretion) within five (5) business days of the Company's receipt of funds from a GOVT Referral Account, Referral Account or Associated Referral Account.

**SIGNATURES**

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.

---

| | |
|:---|:---|
| **Elnatan Rudolph ("Referral Partner")** | **FullPAC, Inc., (the "Company")** |
| */s/ Elnatan Rudolph* | */s/ Travis Trawick* |
| By: Elnatan Rudolph | By: Travis Trawick |
| Date: _____________________________ | Title: Chief Executive Officer |
| Telephone: [Personal contact information omitted] | Date:_____________________________ |

---

**EXHIBIT A**

*[Govtext Legacy Accounts]*

**Schedule A**

**Independent Contractor Terms**

&nbsp;&nbsp;&nbsp;&nbsp;**1.** **Independent Contractor** 

It is expressly agreed that Referral Partner is acting as an independent contractor in performing services pursuant to this Agreement. Referral Partner and the Company acknowledge that they are not forming an employer and employee relationship. Accordingly, the following shall define and govern their relationship for the term of this Agreement:

● **Limitation of Authority.** Referral Partner is not one of the Company's officers, managers, agents, or employees, and has no authority to commit, act for or on behalf of the Company, or to bind the Company to or under any obligation or liability.

● **No Employee Benefits.** As Referral Partner is not an employee of the Company, Referral Partner agrees that Referral Partner shall not be entitled to receive vacation, sick pay, retirement, profit-sharing, insurance or any other employee benefits from the Company in respect of the Services.

● **Payment of Taxes and Indemnification.** Referral Partner acknowledges that Referral Partner shall be solely responsible for the payment of federal, state and local income taxes, FICA, federal, state and local unemployment insurance contributions, disability insurance premiums and all other payroll and self-employment taxes, and agrees to indemnify the Company for any such contributions for which the Company is held liable by any relevant taxing authorities.

● **Insurance.** It is Referral Partner's responsibility to provide Referral Partner's own worker's compensation, comprehensive liability, errors and omissions, and automobile insurance coverage to the extent required by law.

● **Referral Partner's Methods.** Referral Partner will be free from the control and direction of the Company in connection with the performance of the work. Referral Partner will determine the method, details, and means of performing the Services.

● **Referral Partner's Tools and Place of Work.** Referral Partner will supply all tools, instrumentalities, vehicles, and equipment required to perform the services under this Agreement. Referral Partner has their own place of business separate from the business or work location of Company.

● **Licenses.** Referral Partner will maintain all licenses required by law for the performances of any of the Services to be performed hereunder.

● **Referral Partner's Independently Established Business.** Referral Partner hereby verifies that Referral Partner is customarily engaged in an independently established trade, occupation, or business of the same nature as that involved in the Services. Referral Partner advertises and holds themself out to be in business for the type of services performed under this Agreement for themselves.

● **Investment/Profit and Loss; Expenses.** Referral Partner has made a significant investment in Referral Partner's business other than Referral Partner's personal services. Referral Partner's opportunity for profit or loss depends on their managerial skill. Any expenses incurred by Referral Partner under the terms of this Agreement shall be the sole responsibility of Referral Partner.

● **Rates.** Referral Partner can negotiate their own rates.

● **Other Business.** Referral Partner can contract with other businesses to provide the same or similar services and maintain a clientele without restrictions from the Company.

&nbsp;&nbsp;&nbsp;&nbsp;**2.** **Property Rights, Confidential Information, and Trade Secrets of the Company** 

Referral Partner shall not disclose or use any of the Company's Trade Secrets or Confidential Information, directly or indirectly, either during the Term of this Agreement or at any time thereafter, except as required pursuant to the terms of this Agreement. All Trade Secrets and Confidential Information shall remain the exclusive property of the Company. If this Agreement is terminated, Referral Partner shall promptly deliver to the Company all files, records, documents, and other materials containing any Trade Secrets or Confidential Information. For a period of two (2) years following termination, Referral Partner shall not solicit any of the Company's employees or contractors with whom Referral Partner worked. This section includes standard provisions regarding legally compelled disclosure and notice of protections under the Defend Trade Secrets Act of 2016. All company-related documents, copyrightable works, and other results and proceeds of the Services (collectively, the "Works") shall be owned by, and assigned to, the Company. Referral Partner hereby irrevocably assigns to the Company all right, title, and interest to such Works.

&nbsp;&nbsp;&nbsp;&nbsp;**3.** **Dispute Resolution** 

All claims and disputes arising under or relating to this Agreement are to be settled by binding, confidential arbitration in the Commonwealth of Virginia pursuant to the Commercial Arbitration Rules of the JAMS. The arbitrator's award shall be in writing, provide an explanation for all conclusions, and include an assessment of costs and reasonable attorneys' fees in favor of the prevailing party. Notwithstanding this provision, the Company shall have the right to seek provisional remedies, including injunctive and other equitable relief, from an appropriate court.

&nbsp;&nbsp;&nbsp;&nbsp;**4.** **Confidentiality of Agreement** 

The content of this Agreement and related discussions are confidential. Referral Partner shall have no right to use the trademarks, trade names or service marks of the Company or to refer publicly to this Agreement without the prior written consent of the Company.

&nbsp;&nbsp;&nbsp;&nbsp;**5.** **Non-Exclusive Services** 

Referral Partner's services to the Company are non-exclusive. Referral Partner may provide the same or similar services for any other business, whether in competition with the Company or otherwise, so long as it does not create a conflict of interest with Referral Partner's duties hereunder.

&nbsp;&nbsp;&nbsp;&nbsp;**6.** **Anti-Harassment Policy** 

The Company prohibits unlawful harassment of and by its employees and independent contractors. Referral Partner has a responsibility to report any situation in which they believe unlawful harassment has occurred to the Chief Executive Officer of the Company or a person in a managerial position.

&nbsp;&nbsp;&nbsp;&nbsp;**7.** **Agreement to Defend and Indemnify** 

Referral Partner agrees to defend, indemnify, and hold the Company harmless in the event any third party brings any claims or lawsuits against the Company for Referral Partner's failure or alleged failure to adequately perform any Services, comply with the standard of care, or perform as required by this Agreement or applicable law.

&nbsp;&nbsp;&nbsp;&nbsp;**8.** **Governing Law** 

This Agreement shall be governed by and construed under the laws of the Commonwealth of Virginia.

&nbsp;&nbsp;&nbsp;&nbsp;**9.** **General Provisions** 

**Notices.** All notices shall be in writing and sent via e-mail to the addresses provided in the original agreement.

**Entire Agreement.** This Full Agreement sets forth the entire agreement between the parties and supersedes all prior communications and contracts.

**Successors and Assigns.** The covenants and terms herein shall be binding upon and inure to the benefit of the heirs, executors, administrators, successors, and assigns of the parties.

**Severability.** If one or more provisions is determined to be illegal or unenforceable, the validity of the remaining provisions shall not be affected.

**Survival of Terms.** Sections concerning Independent Contractor status, Confidential Information, Dispute Resolution, Indemnification, Governing Law, and other relevant clauses shall survive the termination of this Agreement.

**Understanding of Contract.** Referral Partner represents and warrants that they have had ample opportunity to read and understand this Agreement and to have it reviewed by independently selected legal counsel.

**Counterparts; Electronic Signatures.** This Agreement may be executed in counterparts and delivered via electronic transmission.

## Form 1-K Filing Summary

### Filer Information

**Issuer CIK:** 0002076148

**Issuer CCC:** XXXXXXXX

**Is filer a shell company?:** No

**Is this filing by a successor company?:** No

### Submission Contact Information

**Is this a LIVE or TEST Filing?:** LIVE

**Period:** 12-31-2025

### Item 1: Issuer Information (Tab 1 Notification)

**Type of Report:** Annual Report

**Fiscal Year End:** 12-31-2025

**Exact Name of Issuer:** FULLPAC, INC.

**CIK:** 0002076148

**Jurisdiction of Incorporation:** NV

**IRS Number:** 39-2886611

**Address:** 1206 LASKIN ROAD, VIRGINIA BEACH, VA 23451

**Issuer Phone Number:** 757-821-2121

**Title of each class of securities issued pursuant to Regulation A:** Common Stock, par value $0.0001 per share

### Item 2: Ongoing Reporting Requirements

**Is the issuer relying on the relief provided by Rule 257(d) for this filing?** No