Allonge to Promissory Note

Contract Categories: Business Finance - Note Agreements
EX-10.1 2 ea124651ex10-1_brainscien.htm ALLONGE TO PROMISSORY NOTE

Exhibit 10.1

 

ALLONGE TO PROMISSORY NOTE

 

Allonge (this “Allonge”) to that certain Non-Convertible Promissory Note (the “Promissory Note”) attached hereto as Exhibit 1 and made a part hereof in the principal amount of $20,000 dated February 21, 2020, from Brain Scientific Inc., a Nevada corporation (the “Company”), in favor of PROUDLIVING, LLC, as Holder (the “Holder”).

 

The Company and the Holder agree that the Promissory Note shall be revised as follows:

 

1. The definition of “Maturity Date” in Section 1.1 of the Promissory Note shall be amended and replaced to read as follows:

 

“Maturity Date” shall mean February 21, 2021.”

 

This Allonge is intended to be attached to and made a permanent part of the Promissory Note.

 

Dated July 28, 2020 but effective as of the 1st day of July, 2020.

 

Company: BRAIN SCIENTIFIC INC.
     
  By: /s/ Boris Goldstein
  Name: Boris Goldstein
  Title: Chairman
     
Holder: PROUDLIVING, LLC
     
  By: /s/ Thomas Caleca
  Name:  Thomas Caleca
  Title: Managing Member