EX-10.3
NextTrip, Inc.
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Exhibit 10.3
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SECURITY AGREEMENT
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This **SECURITY AGREEMENT **(this “Agreement”), dated as of July 21, 2026, is by and among NEXTRIP, INC., a Nevada corporation (the “Company”), each other party signatory hereto (the “Guarantors” and each, a “Guarantor”, and together with the Company, the “Grantors”, and each, a “Grantor”) and LIND GLOBAL FUND III LP, a Delaware partnership (the “Secured Party”).
WHEREAS, the Company (a) and the Secured Party have entered into that certain Securities Purchase Agreement dated as of the date hereof (as amended and in effect from time to time, the “SPA”); (b) issued to the Secured Party that certain Senior Secured Convertible Promissory Note dated as of the date hereof (as amended and in effect from time to time, the “Note”); and (c) issued to the Secured Party that certain Common Stock Purchase Warrant pursuant to the terms of the SPA (as amended and in effect from time to time, the “Warrant”); and
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