Extension of Convertible Promissory Note between BioLife4D Corporation and 2 JWB GP LLC

Contract Categories: Business Finance Note Agreements
Summary

BioLife4D Corporation and 2 JWB GP LLC have agreed to extend the maturity date of a $100,000 loan, originally set out in a Convertible Promissory Note dated January 28, 2019. Under the terms of the note, BioLife4D has exercised its right to extend the repayment deadline to January 31, 2024. This extension is formalized by the company's CEO, Steven Morris, and does not alter other terms of the original loan agreement.

EX-10.23 27 ex10-23.htm

 

Exhibit 10.23

 

EXTENSION

 

Pursuant to that certain Convertible Promissory Note, dated January 28, 2019 (the “Note”), by BioLife4D Corporation (“Borrower”) in favor of 2 JWB GP LLC (“Lender”), Lender has loaned to Borrower the sum of $100,000.00. Pursuant to the Note, Borrower has the right to extend the Maturity Date (as defined in the Note) until January 31, 2024. Accordingly, Borrower hereby extends the Maturity Date of the Note until January 31, 2024.

 

Dated: January 12, 2022

 

BIOLIFE4D CORPORATION

 

BY:  /s/ Steven Morris  
  Steven Morris, CEO