EXHIBIT 10.2
GridAI Technologies Corp.
FIRST AMENDMENT TO SECURITY AGREEMENT
This FIRST AMENDMENT TO SECURITY AGREEMENT (the “Amendment”) is dated effective as of September 4, 2026 (the “Amendment Effective Date”), by and between Grid AI Technologies Corp., a Delaware corporation (the “Secured Party”) and Pronghorn Resources, LLC, a Delaware limited liability company (“Debtor” and, together with the Secured Party, the “Parties”).
RECITALS
WHEREAS, the Secured Party and Debtor entered into that certain Security Agreement, dated July 17, 2026 (such Security Agreement, together with all amendments, modifications, substitutions, or replacements thereof, collectively referred to as the “Security Agreement”), pursuant to which the Secured Party granted a security interest in its assets to secure the obligations of the Secured Party in respect of that certain Secured Convertible Note in the principal amount of $2,000,000 (the “Original Note”);
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