First Amendment to Loan and Security Agreement dated as of August 10, 2017 among Slipstream Communications, LLC, registrant and registrants subsidiaries

EX-10.27 4 fs12018ex10-27_creative.htm FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENT DATED AS OF AUGUST 10, 2017 AMONG SLIPSTREAM COMMUNICATIONS, LLC, REGISTRANT AND REGISTRANT'S SUBSIDIARIES

Exhibit 10.27

 

Slipstream Communications LLC

  

August 10, 2017

 

Rick Mills 

CEO of Creative Realities, Wireless Ronin Technologies Canada, Inc. and Conexus World

13100 Magisterial Drive, Suite 100

Louisville, KY 40223

 

Re.: Convertible Notes

 

Dear Rick,

 

As of January 17, 2017, Slipstream Communications, LLC is the sole owner of convertible note s in the aggregate principal amount of $4,202,844 ("Convertible Notes"). Pursuant to Section 2 of the Convertible Notes, subject to the other terms and conditions of the Convertible Notes, Slipstream hereby elects to extend the maturity of the Convertible Notes to October 15, 2018.

  

Sincerely,

  

/s/ Alec Machiels    
Alec Machiels    
Authorized Signatory    

 

Acknowledged as of the date first written above:

 

/s/ Richard Mills    
Rick Mills