EX-10.2
from 8-K
6 pages
This Consent (“Consent”), Dated as of February 28, 2017, Is Made by Jgb (Cayman) Waltham Ltd. (“Jgbwl”) and the Jgb (Cayman) Concord Ltd. (“Jgbcl” and Together, the “Holders” and Each a “Holder”) in Favor of Intercloud Systems, Inc., a Delaware Corporation (The “Company”) and the Guarantor’s Executing This Consent (The “Guarantors”). Whereas, Jgbwl Is the Holder of That Certain Third Amended and Restated Senior Secured Convertible Debenture Due May 31, 2019 (The “Debenture”); Whereas, Jgbcl Is the Holder of That Certain Second Amended and Restated Senior Secured Convertible Note Due May 31, 2019 (The “Note”); Whereas, the Company Is Liable to Jgbcl in the Amount of $814,500 Pursuant to Section 4 of That Certain Acknowledgement, Dated as of June 23, 2016, by and Among the Holders, the Company and Vaultlogix, LLC (The “True-Up Payment”);
12/34/56