Amendment to Loan Agreements between Com2000, Inc. and Victor Tong
Com2000, Inc. and lender Victor Tong have agreed to amend three existing loan agreements totaling $114,100. The amendment extends the maturity date for repayment to January 1, 2023, replacing the previous terms that required repayment by January 1 or within one month of Com2000 going public. All other terms of the original loan agreements remain unchanged. This amendment was signed by both parties on January 28, 2022.
AMENDMENT TO LOAN AGREEMENTS
Parties: The undersigned is Com2000, Inc., the Borrower, and the Lender is Victor Tong.
Loan Agreements to be amended: Dated March 31, June 30, and December 31, 2021 in the amounts of $26,600, $30,000, $57,500, respectively.
The undersigned hereby agreed to extend the maturity dates and term of the loans to:
- Promise to Pay: January 1, 2023.
Replacing:
- Promise to Pay: On the earliest of January 1 or within 1 month from from the date that the Borrower will go public (the SEC declares the Com2000 S-1 registration statement effective).
All other terms of the respective loan agreements shall remain the same.
Agreed: Jan 28, 2022
| Lender | Borrower | ||
| /s/ Victor Tong | /s/ Jacob Lakhany | ||
| Victor Tong | Jacob Lakhany, CEO |
