EX-10.3 4 ex10-3.htm EX-10.3

 

Exhibit 10.3

 

AMENDMENT NO. 2

TO

COMMON STOCK PURCHASE AGREEMENT

BETWEEN

RELIANC GLOBAL GROUP INC.

AND

WHITE LION CAPITAL LLC

 

THIS AMENDMENT NO. 2 TO COMMON STOCK PURCHASE AGREEMENT (this “Amendment”), effective March 12, 2026 (the “Amendment Effective Date”), is by and between Reliance Global Group, Inc. a Florida Corporation (the “Company”), and White Lion Capital, LLC, a Nevada limited liability company (the “Investor”), and amends the Common Stock Purchase Agreement by and between the Company and Investor dated August 26th, 2025, previously amended by Amendment No.1 on November 5th, 2025 (as amended the “Agreement), to extend the Commitment Period by the Investor under the agreement and to increase the Commitment Amount (as defined below). All capitalized terms used but not defined herein shall have the respective meanings ascribed to them in the Agreement.

 

NOW, THEREFORE, in consideration of the premises, the mutual covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

 

1. Amendment to Article I.

 

Article I of the Agreement is hereby amended by amending and restating the definition of “Commitment Period” and “Commitment Amount” in Section 1.1 in its entirety as follows:

 

Commitment Period” shall mean the period commencing on the Execution Date and ending on the earlier of (i) the date on which the Investor shall have purchased an aggregate number of Purchase Notice Shares pursuant to this Agreement equal to the Commitment Amount or (ii) December 31st, 2028.

 

Commitment Amount” shall mean Fifty Million Dollars ($50,000,000)

 

2. Representations and Warranties. Each of the Investor and the Company represents and warrants that it has the authority and legal right to execute, deliver and carry out the terms of this Amendment, that such actions were duly authorized by all necessary entity action and that the officers executing this Amendment on its behalf were similarly authorized and empowered and that this Amendment does not contravene any provisions of its articles of incorporation, bylaws, certificate of formation, limited liability company agreement or other formation documents, or of any contract or agreement to which it is a party or by which any of its properties are bound.

 

3. Miscellaneous.

 

(a) Except as modified by this Amendment, the Agreement continues in full force and effect in accordance with its terms.

 

(b) This Amendment shall be governed by and construed in accordance with the laws of the State of California as set forth in Section 10.1 of the Agreement and the dispute resolution provisions set forth in the Agreement.

 

(c) This Amendment may be executed in any number of counterparts and by electronic transmission (which shall bind the parties hereto), each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement.

 

 

 

 

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed by their respective authorized officer as of the Amendment Effective Date.

 

 
RELIANCE GLOBAL GROUP, INC.
     
  By: /s/ Ezra Beyman
  Name: Ezra Beyman
  Title: CEO
     
  WHITE LION CAPITAL, LLC
     
  By: /s/ Sam Yaffa
  Name: Sam Yaffa
  Title: Managing Partner