AudioEye, Inc. Loan Modification Agreement

AudioEye, Inc. has entered into a Fourth Loan Modification Agreement with Western Alliance Bank. This amendment revises the definitions of "Adjusted EBIDA" and "Adjusted EBITDA" to allow for the addition of litigation expenses, up to $5.0 million through December 31, 2026, and $3.0 million through December 31, 2027, provided these expenses are not part of ongoing operations and are acceptable to the bank. Additionally, the agreement modifies the "Permitted Stock Buyback Amount" to a total of $7.0 million for fiscal years 2025-2027, with a $2.0 million annual limit thereafter. The company paid a $5,000 amendment fee.