Allonge Amending Convertible Grid Promissory Note Between Brain Scientific Inc. and Thomas J. Caleca
This agreement amends a previous Convertible Grid Promissory Note between Brain Scientific Inc. and Thomas J. Caleca. The main change is to extend the maturity date of the original $125,000 note to April 21, 2022. Both parties agree that this amendment becomes a permanent part of the original note. No other terms of the note are changed by this document.
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 | |
