Exhibit 10.1

 

AMENDMENT TO LETTER AGREEMENT

 

This Amendment to Letter Agreement (this “Amendment”) is entered into as of October 7, 2026, by and among Beneficient Financing, L.L.C. (“Borrower”), Beneficient (“Ben Nevada”), and HH-BDH LLC (“Lender”), and amends that certain letter agreement dated March 10, 2026, by and among Borrower, Ben Nevada, and Lender (the “Letter Agreement”). Capitalized terms used but not defined herein shall have the meanings given in the Letter Agreement.

 

1. Extension of Payment Deadline. The deadline for Borrower to pay Lender the $1,000,000 Cash Payment pursuant to Section 1(a)(ii) of the Letter Agreement is hereby extended to March 31, 2027.

 

2. Effect of Amendment. Except as expressly amended hereby, the Letter Agreement remains unchanged and in full force and effect. Sections 7(b), 7(c), and 7(d) of the Letter Agreement are incorporated herein by reference, mutatis mutandis.

 

[signature page follows]

 

 
 

 

IN WITNESS WHEREOF, the parties have duly executed this Amendment as of the date first written above.

 

  BORROWER:
     
  Beneficient Financing, L.L.C.
     
  By: /s/ David Rost
  Name: David Rost
  Title: Authorized Signatory
     
  BEN NEVADA:
     
  Beneficient
     
  By: /s/ David Rost
  Name: David Rost
  Title: Authorized Signatory
     
  LENDER:
   
  HH-BDH LLC
     
  By: /s/ Mack Hicks
  Name: Mack Hicks
  Title: Authorized Signatory