EX-10.32
from 10-K
2 pages
Supplemental Agreement Dated as of April 17, 2015 Among Steve Saleen (“Ss”), Saleen Automotive, Inc (“Sai”), Wm Industries Corp. (F/K/a Wm Greentech Automotive,corp.) (Wmic”), and Greentech Automotive, Inc. (“Gta”). Recitals: ● Concurrently Herewith, Gta Is Entering Into a Securities Purchase Agreement (The “Securities Purchase Agreement”) and Related Documents Dated on or About the Date Hereof Pursuant to Which Gta Is Acquiring $500,000 Principal Amount of 10.0% First Lien Convertible Notes (“Notes”). ● as Further Consideration for the Purchase of the Notes and the Mutual Undertakings of the Parties in Connection With the Transactions Contemplated by the Securities Purchase Agreement and Related Documents the Parties Agree as Follows: 1. Ss and Sai (As Successor to W270, Inc.) Agree Section 3.5 of the Assignment and License Agreement Dated May 23, 2013 Between W270, Inc. and Ss, Hereby Is Deleted and of No Further Force or Effect
12/34/56