EX-10.21
FireFly Robotics, Inc.
SUBORDINATION AGREEMENT
January 19, 2023
FF Opportunities 3 LLC
17 State Street #2100
New York, NY 10004
FF Opportunities 2 LLC
17 State Street #2100
New York, NY 10004
Ladies and Gentlemen:
The undersigned lenders and/or warrant holders (each a “Creditor”, and collectively referred to as “Creditors”) are creditors of FireFly Automatix, Inc., a Delaware corporation (the “Company” or the “Borrower”)) and/or all direct and indirect subsidiaries (each, a “Borrower” and collectively referred to herein as “Borrowers”) and desire that FF Opportunities 4 LLC (the “Senior Lender”) extend and continue to extend such financial accommodations to the Borrowers as Borrowers may request and as the Senior Lender may deem proper, and continue to extend such financial accommodations to the Borrowers. Defined terms not otherwise defined herein shall have the meanings set forth in that certain Securities Purchase Agreement dated January 19, 2023 between the Company and the Senior Lender (the “Purchase Agreement”). For the purpose of inducing Senior Lender to extend credit to
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