EX-10.3
INNOVATE Corp.
AMENDMENT OF AMENDED AND RESTATED SENIOR SECURED PROMISSORY NOTE
This Amendment of Amended and Restated Senior Secured Promissory Note (this “Amendment”), dated effective as of July 31, 2026 (the “Effective Date”), is entered into by and between R2 Technologies, Inc., a Delaware corporation (the “Company”), and Lancer Capital LLC (“Investor”). Capitalized terms used herein, but not otherwise defined herein, shall have the meaning assigned to them in the Note (as defined below).
RECITALS
WHEREAS, the Company and Investor are parties to that certain Amended and Restated Senior Secured Promissory Note, dated as of August 4, 2025 (the “Note”); and
WHEREAS, the Company and the undersigned Investors desire to amend the Note to extend the Maturity Date as provided herein.
AGREEMENT
NOW, THEREFORE, in consideration of the foregoing and for other valuable consideration the receipt of which is hereby acknowledged, the Company and Investor hereby agree as follows:
1. Maturity Date. Section 1(c)(i) of the Note is hereby amended to read “December 31, 2026.”
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