SEC Contract Filing

Filing Date: 2025-04-15

Document Content:
<DOCUMENT>
<TYPE>EX-10.54
<SEQUENCE>4
<FILENAME>sune-20241231xex10_54.htm
<DESCRIPTION>EX-10.54
<TEXT>
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 Exhibit 1054
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 <font style="display: inline;">Exhibit 10.54</font>

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 <a name="Document_Index"></a><a name="b._Brennan"></a><a name="c._Sousa"></a><font style="display: inline;font-weight:bold;font-size:11pt;">PLEDGE</font><font style="display: inline;font-weight:bold;font-size:11pt;">&nbsp;</font><font style="display: inline;font-weight:bold;font-size:11pt;">AND</font><font style="display: inline;font-weight:bold;font-size:11pt;">&nbsp;</font><font style="display: inline;font-weight:bold;font-size:11pt;">SECURITY</font><font style="display: inline;font-weight:bold;font-size:11pt;">&nbsp;</font><font style="display: inline;font-weight:bold;font-size:11pt;">AGREEMENT</font>
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 <font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:11pt;">THIS</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:11pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:11pt;">PLEDGE</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:11pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:11pt;">AND</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:11pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:11pt;">SECURITY</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:11pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:11pt;">AGREEMENT</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:11pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">dated</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">as</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">of</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">April 10, 2025</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">(the</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">&#x201C;</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;text-decoration:underline;">Pledge</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;text-decoration:underline;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;text-decoration:underline;">Agreement</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">&#x201D;)</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">is</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">made</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">by</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">SUNATION ENERGY, INC. (f/k/a Pineapple Energy Inc.),</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">a</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">Delaware</font><font style="display: inline;font-family:Times New Roman;font-size:11pt;">&nbsp;</font><font style="display: inli