EX-10.1
from 8-K
3 pages
August 11, 2023 3i, LP 2 Wooster Street, Floor 2 New York, Ny 10013 Re: Modification to Purchase Agreement 1. an Event of Default Occurred Pursuant to Section 4(xxi) of the Note as of May 21, 2023. the Investor Hereby Agrees to Forbear on Issuing an Event of Default Notice and Event of Default Redemption Notice Pursuant to Section 4(b) of the Note Through December 31, 2023 for Such Event of Default. 2. the Investor Hereby Waives the Requirement in Section 2(a) of the Note to Pay Interest on the Note Monthly in Cash Effective for Payments Due August 1, 2023 Through December 31, 2023. 3. the Investor May Continue to Convert the Note at the Alternate Conversion Price. 4. the Investor Hereby Waives the Increase of the Interest Rate to the Default Rate in Section 2(b) of the Note Effective May 21, 2023 Through December 31, 2023, Excluding $3,157.80 Already Converted
12/34/56