THIS CLOSING AGREEMENT ("Agreement") is made this _______________, by and
between PRO-FIT EVENT SERVICES, LLC, a Texas limited liability company, having its principal office located at 2507 Garden Brook Trail, Belton, TX 76513 ("Seller"), and RUNRS, LLC, a Texas limited liability company, of 1085 Marley Road, Mart, TX 76664 ("Buyer"). In accordance with ARTICLE VI of the Asset Purchase Agreement dated May 1, 2023, both parties agree to the terms outlined in this Closing Agreement. CLOSING 6.03 Buyer's Obligations at Closing (a) Payment of Remaining Moneys Owed to Seller: The Buyer agrees to pay all remaining monies owed to the Seller as outlined in the Purchase Agreement, which is $__________________. Such payment shall be made in immediately available funds to an account specified by the Seller, and the Buyer shall provide proof of payment to the Seller at the Closing. Details of Bank Account Bank Name: ____________________________ Account Beneficiary: _____________________ Account Number: _________________________ (b) Assignment of Assets: i. Seller hereby assigns, transfers, and conveys to Buyer all of Seller's right, title, and interest in and to the Assets, free and clear of all liens, charges, and encumbrances, except those expressly assumed by Buyer. ii. Buyer hereby assumes all obligations and liabilities related to the Assets from and after the Closing Date. (c) Execution and Delivery of Other Necessary Documents: The Buyer shall execute and deliver any other documents that are reasonably necessary to finalize this Agreement. This may include but is not limited to, certificates, affidavits, or additional agreements required for the lawful and effective transfer of the Assets from the Seller to the Buyer. (d) Delivery of Evidence of Buyer's Authority: The Buyer shall deliver an executed Resolution, Unanimous Consent, or any other documentation evidencing the Buyer's authority to consummate the transaction contemplated hereby and to perform all of its obligations under this Agreement. Such documentation shall be in a form acceptable to the Seller. 3. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the State of Texas. 4. Entire Agreement: This Agreement constitutes the entire understanding between the parties and supersedes all prior negotiations, understandings, or agreements, whether oral or written. IN WITNESS WHEREOF, the parties hereto have executed this Closing Agreement as of the date first above written. SELLER PRO-FIT EVENT SERVICES, LLC BY: ______________________________ NAME: ___________________________ TITLE: ___________________________