Allonge to Promissory Note between Brain Scientific Inc. and PROUDLIVING, LLC

Summary

This agreement is an amendment to a $20,000 promissory note originally issued by Brain Scientific Inc. to PROUDLIVING, LLC. The main change is to extend the maturity date of the loan to February 21, 2021. Both parties agree that this amendment becomes a permanent part of the original note. The amendment is effective as of July 1, 2020.

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 1^st 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