MUTUAL TERMINATION AND RELEASE AGREEMENT, DATED AUGUST 13, 2026, BETWEEN THE COMPANY AND OLD GLORY
Digital Asset Acquisition Corp.
MUTUAL TERMINATION AND RELEASE AGREEMENT
This MUTUAL TERMINATION AND RELEASE AGREEMENT (the “Agreement”), dated as of August 13, 2026 (the “Effective Date”), is entered into by and among Old Glory Holding Company, a Delaware corporation, registered as a Bank Holding Company under the Bank Holding Company Act of 1956 (“Old Glory”) and Digital Asset Acquisition Corp, a Cayman Islands exempted company (“DAAQ”) (collectively, the “Parties”).
RECITALS
WHEREAS, on January 13, 2026, the Parties entered into a Business Combination Agreement (the “Business Combination Agreement”), pursuant to which, among other things, DAAQ was to domesticate as a Texas corporation and thereafter, Old Glory would merge with and into DAAQ;
WHEREAS, pursuant to Section 8.1(a) of the Business Combination Agreement, the Business Combination Agreement may be terminated at any time prior to the Closing by mutual written consent of DAAQ and Old Glory;
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