Amendment No. 4 to Secured Promissory Note between Aditxt, Inc. and Lender (February 2024)
This amendment updates a secured promissory note originally issued by Aditxt, Inc. to a lender. It extends the note's maturity date from February 29, 2024, to March 31, 2024, and adjusts the outstanding amount after a partial repayment. The partial repayment is made by Aditxt, Inc. and is offset against a purchase price under a related assignment agreement. Both parties agree to these changes as of February 26, 2024.
Exhibit 10.2
AMENDMENT NO. 4 TO SECURED PROMISSORY NOTE
This AMENDMENT NO. 4 TO SECURED PROMISSORY NOTE dated as of February 26, 2024, is made with reference to the Secured Promissory Note (the “Note”) in the outstanding amount of $______ dated December 11, 2023 made by ADITXT, INC. (“Borrower”) to ____ or its registered assigns (“Lender”).
Concurrently herewith, Borrower is delivering to Lender a principal payment in the amount of $______, which amount will be netted against the purchase price paid by Lender to Borrower under that certain Assignment Agreement dated as of the date hereof (the “Partial Repayment”).
FOR VALUE RECEIVED, the undersigned agree that upon receipt of the Partial Repayment (a) the current “Maturity Date” of February 29, 2024 is amended to be March 31, 2024, and (b) the amount of the Note is $______.
| By: LENDER | ||
| By: | ||
| Print Name: | ||
| Title: | ||
| ADITXT, INC. | ||
| Signature: | ||
| Print Name: | Amro Albanna | |
| Title: | Chief Executive Officer | |
