Amendment to Loan Agreement dated March 31, 2022 by and between the Registrant and Eternal BV

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EX-10.10 4 ea158483ex10-10_climaterock.htm AMENDMENT TO LOAN AGREEMENT DATED MARCH 31, 2022 BY AND BETWEEN THE REGISTRANT AND ETERNAL BV

Exhibit 10.10

 

ADDENDUM TO THE LOAN AGREEMENT

 

To:Eternal BV, The Lender

 

From:ClimateRock, The Borrower

 

Date:31 March 2022

 

This addendum to the Loan Agreement dated October 1, 2021 (hereinafter referred to as the “addendum”), is made as of March 31, 2022, by and between:

 

(1)ClimateRock (the “Borrower”), 50 Sloane Avenue, London, SW3 3DD, The United Kingdom and

 

(2)Eternal BV (the “Lender”), Mariëndaal 8, 6861 WN Oosterbeek, The Netherlands.

 

(the Lender and Borrower individually or collectively referred to as a “Party” and the Parties”, respectively).

 

In consideration of the mutual covenants set forth herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Borrower and the Lender agree to alter ‘Drawdown Period’ defined in SCHEDULE 1 of the said Loan Agreement which should be read as follows:

 

Drawdown Period: 1 October 2021 – 30 April 2022

 

The rest of the provisions of the said Loan Agreement remain effective.

 

/s/ Per Regnarsson   /s/ Charles Ratelband
Signed by Per Regnarsson   Signed by Charles Ratelband for and on behalf of the Lender
Re for and on behalf of the Borrower ClimateRock  

Eternal BV

 

 

Long Form Loan Agreement - Unsecured