Exhibit 10.1
FIRST AMENDMENT
TO
BRIDGE LOAN AGREEMENT
This First Amendment to Bridge Loan Agreement (this “Amendment”) is entered into as of January 19, 2026, by and among Botman Bloembollen B.V., a private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid) incorporated under the laws of the Netherlands (“Botman”), Mr. W.J. Jansen, an individual (“Jansen”), Mr. H.J. Strengers, an individual (“Strengers” and, together with Botman and Jansen, collectively, the “Lenders”), and TULP 24.1, LLC, a Delaware limited liability company (“US Borrower”), and Tulipa Acquisitie Holding B.V. dba Bloomia, a private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid) incorporated under the laws of the Netherlands (“NL Borrower” and, together with US Borrower, collectively, the “Borrowers”).
RECITALS
The Lenders and the Borrowers are parties to that certain Bridge Loan Agreement dated February 22, 2024 with respect to certain loans made by the Lenders in the original aggregate principal amount of USD $12,750,275 (as amended, restated, supplemented, or modified from time to time, the “Agreement”). Unless otherwise defined herein, all initially capitalized terms in this Amendment shall be as defined in the Agreement. The Parties desire to (i) amend the Agreement in accordance with the terms of this Amendment and (ii) subject to the terms and conditions set forth herein, have the Borrowers provide certain releases to the Lenders in relation thereto.
NOW, THEREFORE, the Parties agree as follows:
Notwithstanding anything in this Section 5 or elsewhere in this Agreement to the contrary, subject to the Subordination Agreement, at any time prior to April 15, 2026, the Borrowers shall have the right to prepay the Loans in full at a discount in the aggregate amount of USD $7,330,000 (the “Discounted Prepayment”) without any Interest, indemnity, penalty, or premium due in respect of such Discount Prepayment, provided that (i) as a condition to and effective upon Borrowers making the Discounted Prepayment, the Borrowers release the Lenders from any and all (potential or actual) liability in respect of (a) the Warranties (as defined in the Share Purchase Agreement dated 21 February 2024 between the Borrowers (as Purchaser and US Purchaser), and the Lenders (as the Sellers) (hereinafter the “SPA”) as well as (b) the Indemnities specified in Clause 11.1 of the SPA, in each case to the extent such liabilities (i) remain outstanding as of the date the Borrowers make the Discounted Prepayment, or (ii) arise at any time after the date the Borrowers make the Discounted Prepayment (collectively, the “Released Claims”), and (ii) the Borrowers repay each Loan to the Lenders pro-rata for their relevant Proportion, irrespective of which Borrower has entered into each Loan. Subject to and upon the occurrence of the Discounted Prepayment, (a) the Loans (including, without limitation, any and all accrued Interest) shall be deemed paid in full and all
Exhibit 10.1
other indebtedness of the Borrowers under this Agreement shall be indefeasibly and irrevocably discharged, released, terminated, and satisfied in full, (b) all guaranties supporting this Agreement shall be indefeasibly and irrevocably discharged, released, and terminated in full with no further action on any Party’s part, (c) all pledges and any other security for this Agreement shall be indefeasibly and irrevocably discharged, released, and terminated in full with no further action on any Party’s part, (d) any and all other obligations of each of the Borrowers and Lendway, Inc., together with any of their respective subsidiaries or affiliates, under this Agreement shall be indefeasibly and irrevocably discharged, released, terminated, and satisfied in full, (e) any liability of the Lenders in respect of the Released Claims shall be indefeasibly and irrevocably released and terminated in full, with no further action on any Party’s part, and (f) this Agreement shall be terminated, canceled, and of no further force and effect (with the exception of the release by Borrowers of the Released Claims as set out hereinabove). For clarity, the release of the Released Claims shall only be effective if the Borrowers make the Discounted Prepayment, and shall not be effective if Borrowers remain obligated to pay the Loans in full pursuant to the other provisions of this Section 5 (the “Original Payment Terms”).
[Signature Page Follows]
IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the first date above written.
THE LENDERS:
BOTMAN BLOEMBOLLEN B.V.
By: /s/ Nico Botman
Name: Nico Botman
Title: Owner
/s/ W.F. Jansen
W.F. Jansen
/s/ H.J. Strengers
H.J. Strengers
BORROWERS:
TULP 24.1, LLC
By: /s/ Elizabeth McShane
Name: Elizabeth McShane
Title: Chief Financial Officer
TULIPA ACQUISITIE HOLDING B.V.
By: /s/ Elizabeth McShane
Name: Elizabeth McShane
Title: Chief Financial Officer