Allonge to Senior Secured Convertible Promissory Note between Adamas One Corp. and Target Capital 3 LLC
Adamas One Corp., a Nevada corporation, and Target Capital 3 LLC, an Arizona limited liability company, have agreed to modify the maturity date of a $2,100,000 Senior Secured Convertible Promissory Note originally signed in June 2021. The new maturity date is set for April 15, 2022, at 5:00 p.m. New York City time. All other terms of the original note remain unchanged. This amendment is governed by Arizona law and is permanently attached to the original note.
Exhibit 10.9(o)
ALLONGE TO SENIOR SECURED
CONVERTIBLE PROMISSORY NOTE
This ALLONGE to those certain Senior Secured Convertible Promissory Notes signed on June 1, 2021 and on June 3, 2021, in the total principal amount of Two Million One Hundred Thousand Dollars and Zero Cents ($2,100,000.00) (“Note”) from ADAMAS ONE CORP., a Nevada corporation (“Company”) to Target Capital 3 LLC, an Arizona limited liability company (“Investor”), is dated as of March 30, 2022.
The Note has been modified by the Extension Agreement by and among the Company and the Investor dated March 30, 2022.
The only change of the terms of the Note are that the Maturity Date of the Note shall be to 5:00 p.m. New York City, New York, Time on April 15, 2022.
This Allonge shall be governed by the internal laws of the State of Arizona without reference to principles of conflicts of laws.
This Allonge is intended to be attached to and made a permanent part of the Note.
IN WITNESS WHEREOF, this Allonge has been executed under seal by a duly authorized representative of the Company.
| COMPANY: | ||
| ADAMAS ONE CORP., a Nevada corporation | ||
| By: | /s/ John Grdina | |
| Name: | John Grdina | |
| Title: | Chief Executive Officer | |
