Allonge #2 to Promissory Note between Brain Scientific Inc. and PROUDLIVING, LLC
Brain Scientific Inc. and PROUDLIVING, LLC have agreed to amend their existing $20,000 promissory note. This amendment, effective February 21, 2021, extends the maturity date of the loan to February 21, 2022. All other terms of the original note remain unchanged. The document is signed by representatives of both parties and is intended to be a permanent part of the original promissory note.
Exhibit 10.2
ALLONGE #2 TO PROMISSORY NOTE
Allonge #2 (this “Allonge”) to that certain Non-Convertible Promissory Note (as amended, 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, 2022.”
This Allonge is intended to be attached to and made a permanent part of the Promissory Note.
Dated: February 24, 2021 but effective as of February 21, 2021.
Company: | BRAIN SCIENTIFIC INC. | |
By: | /s/ Boris Goldstein | |
Name: | Boris Goldstein | |
Title: | Chairman |
Holder: | PROUDLIVING, LLC | |
By: | /s/ | |
Name: | ||
Title: |