Allonge to Convertible Grid Promissory Note

Contract Categories: Business Finance - Note Agreements
EX-10.3 4 ea139939ex10-3_brainscient.htm ALLONGE TO CONVERTIBLE GRID PROMISSORY NOTE

Exhibit 10.3

 

ALLONGE TO CONVERTIBLE GRID PROMISSORY NOTE

 

Allonge (this “Allonge”) to that certain Convertible Grid Promissory Note (the “Note”) attached hereto as Exhibit 1 and made a part hereof in the principal amount of $125,000 dated April 21, 2020, from Brain Scientific Inc., a Nevada corporation (the “Company”), in favor of Thomas J. Caleca, as Holder (the “Holder”). Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to such terms in the Note.

 

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

 

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

 

Maturity Date” shall mean April 21, 2022.”

 

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

 

Dated as of the 20th day of April, 2021.

 

Company: BRAIN SCIENTIFIC INC.
   
  By: /s/ Boris Goldstein
  Name:  Boris Goldstein
  Title: Chairman
Holder:  
   
  /s/ Thomas J. Caleca
  Name: Thomas J. Caleca