Amendment No. 1 to Equity Agreement between Blink Charging Co. and Michael D. Farkas
This amendment, dated January 4, 2018, is between Blink Charging Co. and Michael D. Farkas. It extends the expiration date of their original Equity Agreement, stating that if the related offering does not close by 5:00 PM EST on February 14, 2018, the agreement will expire. All other terms of the original agreement remain unchanged.
AMENDMENT #1
TO THE EQUITY AGREEMENT
This Amendment No. 1, dated January 4, 2018 (this “Amendment”), is by and between Blink Charging Co., a Nevada corporation (the “Company”) and Michael D. Farkas (“Farkas”) (referred to collectively herein as the “Parties”).
WHEREAS, the Company and Farkas entered into an Equity Agreement (the “Agreement”) dated as of December 6, 2017. All capitalized terms not otherwise defined herein shall have the meanings given such terms in the Agreement.
NOW, THEREFORE, the Company and Farkas agree as follows:
1. Extension of Expiration of this Agreement. The sentence in the Agreement that commences with “If the Offering does not close by 5:00 PM Eastern Standard Time…” shall be amended and replaced in its entirety with the following:
“If the Offering does not close by 5:00 PM Eastern Standard Time on February 14, 2018, this Agreement shall expire.”
ALL OTHER TERMS AND CONDITIONS OF THE AGREEMENT REMAIN IN FULL FORCE AND EFFECT.
Please indicate acceptance and approval of this Amendment by signing below:
BLNK HOLDINGS CO. | MICHAEL D. FARKAS | |
/s/ Michael J. Calise | /s/ Michael D. Farkas | |
Michael J. Calise, Chief Executive Officer |