First Amendment to Loan and Security Agreement between Slipstream Communications, LLC and Creative Realities, Inc. and Subsidiaries
This agreement is an amendment to a previous loan and security agreement between Slipstream Communications, LLC and Creative Realities, Inc., including its subsidiaries. Slipstream, as the sole holder of convertible notes totaling $4,202,844, agrees to extend the maturity date of these notes to October 15, 2018. The amendment is acknowledged by both parties and does not alter other terms of the original notes.
Exhibit 10.21
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 |
