EX-10.2
ABUNDIA GLOBAL IMPACT GROUP, INC.
Execution Version
SECURITY AGREEMENT
This SECURITY AGREEMENT, dated as of August 15, 2026 (this “Agreement”), is by and between Abundia Global Impact Group, Inc., a Delaware corporation (the “Company” or the “Debtor”), and Bower Family Holdings, LLC, (“BFH,” and the “Secured Party”) and the holder of the Company’s Secured Note due August 15, 2028 following its date of issuance, in the original aggregate principal amount of up to $10 million (the “Note”).
W I T N E S S E T H:
WHEREAS, pursuant to the Purchase Agreement (as defined in the Note), the Secured Party has agreed to extend the loan to the Company evidenced by the Note;
WHEREAS, in order to induce the Secured Party to extend the loan evidenced by the Note under the Purchase Agreement, the Debtor has agreed to execute and deliver to the Secured Party this Agreement and to grant the Secured Party a security interest in certain property of the Debtor to secure the prompt payment, performance and discharge in full of all of the Company’s obligations under the Note.
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