SEC Contract Filing

Filing Date: 2024-03-15

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ex10-1.htm
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit
10.1</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Execution
Version</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WAIVER
AND AMENDMENT NO. 2 TO FINANCING AGREEMENT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="text-indent: 1in; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This <B>WAIVER
AND AMENDMENT NO. 2 TO FINANCING AGREEMENT</B>, dated </FONT>as of February 5, 2024 (this &ldquo;<U>Amendment and
Waiver</U>&rdquo;), to the Financing Agreement, dated as of March 10, 2023 (as amended, restated, supplemented or otherwise modified
from time to time, the &ldquo;<U>Financing Agreement</U>&rdquo;), by and among Unique Logistics International, Inc., a Nevada
corporation (the &ldquo;<U>Parent</U>&rdquo;) and each other Person that executes a joinder agreement and becomes a
&ldquo;Borrower&rdquo; under the Financing Agreement (as defined below) (together with the Parent, each a
&ldquo;<U>Borrower</U>&rdquo; and collectively, the &ldquo;<U>Borrowers</U>&rdquo;), each subsidiary of the Parent listed as a
&ldquo;<U>Guarantor</U>&rdquo; on the signature pages thereto (together with the Parent and each other Person that executes a
joinder agreement and becomes a &ldquo;Guarantor&rdquo; thereunder, each a &ldquo;<U>Guarantor</U>&rdquo; and collectively, the
&ldquo;<U>Guarantors</U>&rdquo;), the lenders from time to time party thereto (each a &ldquo;<U>Lender</U>&rdquo; and collectively,
the &ldquo;<U>Lenders</U>&rdquo;), CB Agent Services LLC, a Delaware limited liability company (&ldquo;<U>CB Agent</U>&rdquo;), as
origination agent (in such capacity, together with its successors and assigns in such capacity, the &ldquo;<U>Origination
Agent</U>&rdquo;), Alter Domus (US) LLC, a Delaware limited liability company (&ldquo;<U>Alter Domus</U>&rdquo;), as collateral
agent for the Secured Parties (in such capacity, together with its successors and assigns in such capacity, the &ldquo;<U>Collateral
Agent</U>&rdquo;), and Alter Domus, as administrative agent for the Lenders (in such capacity, together with its successors and
assigns in such capacity, the &ldquo;<U>Administrative Agent</U>&rdquo; and together with the Collateral Agent, each an
&ldquo;Agent&rdquo; and collectively, the &ldquo;<U>Agents</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 71.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Loan Parties have requested that the Agents and the Lenders amend certain terms and conditions of, and waive certain Events of Default
under, the Financing Agreement; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 71.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 71.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Agents and the Lenders are willing to amend such terms and conditions of, and waive certain Events of Default under, the Financing
Agreement on the terms and conditions set forth herein.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 71.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 71.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NOW
THEREFORE, in consideration of the premises and other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto hereby agree as follows:</FONT></P>

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