Amendment to Loan Agreement between ClimateRock and Eternal BV dated August 5, 2024
ClimateRock and Eternal BV have agreed to amend their original loan agreement dated September 21, 2022. The amendment changes the final repayment date of the loan to March 31, 2025, or an earlier date if ClimateRock completes its initial business combination before then. All other terms of the original loan agreement remain unchanged. This amendment is effective as of August 5, 2024.
Exhibit 10.2
DATED 5 August 2024
AMENDMENT TO LOAN AGREEMENT
Between
(1) ClimateRock ‘The Borrower’
and
(2) Eternal BV ‘The Lender’
THIS AGREEMENT is dated and made on the 5th day of August 2024.
BETWEEN:
| (1) | ClimateRock (the “Borrower”), 5 Bedford Square, London, England, WC1B 3HH, The United Kingdon and |
| (2) | Eternal BV (the “Lender”), Mariëndaal 8, 6861 WN Oosterbeek, The Netherlands. |
NOW IT IS HEREBY AGREED as follows:
BACKGROUND
The Lender and the Borrower have entered into a Loan Agreement on the 21st day of September 2022 and both parties agree to amend that certain Loan Agreement as follows.
The definition of Final Repayment Date is amended to:
| “Final Repayment Date” | means 31 March 2025 or, if earlier, the date of the consummation of the initial business combination of the Company; |
IN WITNESS OF WHICH the parties have signed this agreement the day and year first above written.
| /s/ Per Regnarsson | /s/ Charles Ratelband | |
| Signed by Per Regnarsson Re for and on behalf of the Borrower | Signed by Charles Ratelband for and on behalf of the Lender | |
| ClimateRock | Eternal BV |
