Second Extension Agreement to Promissory Note between CleanCore Solutions, Inc. and Burlington Capital, LLC (December 17, 2023)
CleanCore Solutions, Inc. and Burlington Capital, LLC have agreed to extend the maturity date of a previously issued promissory note. The new maturity date is April 4, 2024, replacing the prior date of December 17, 2023. All other terms of the original note and the first extension agreement remain unchanged and in effect. This agreement does not cancel or satisfy the note, but simply extends the repayment deadline.
Exhibit 10.5
SECOND EXTENSION AGREEMENT
This Second Extension Agreement is entered into as of the 17th day of December, 2023 by and between CleanCore Solutions, Inc., its successors and assigns, (referred to as “Maker”) and Burlington Capital, LLC (hereinafter referred to as “Burlington”).
WHEREAS, Maker executed a Promissory Note (the “Note”), which was amended by an Extension Agreement effective as of October 17, 2023 (the “First Extension Agreement”). Copies of the Note and First Extension Agreement are attached hereto.
By mutual agreement, the attached Note and First Extension Agreement are hereby modified and extended as follows:
1. The maturity date of the Note, as amended by the First Extension Agreement, shall be extended from December 17, 2023 until April 4, 2024.
2. This Second Extension Agreement does not in any way satisfy or cancel the Note, as amended by the First Extension Agreement. Except as amended hereby, all other terms of the Note and First Extension Agreement still remain in full force and effect.
CLEANCORE SOLUTIONS, INC. | BURLINGTON CAPITAL, LLC | |||
By: | /s/ Matthew Atkinson | By: | /s/ Lisa Roskens | |
Matthew Atkinson | Lisa Roskens, President | |||
Chief Executive Officer | and Chief Executive Officer |