LetterAgreement
EX-10.17 6 ex10-17.htm
EXHIBIT 10.17
Letter Agreement
March 29, 2016
Mr. James Davis
c/o 18671 Lake Drive E.
Southwest Tech Center A
Minneapolis, MN 55317
RE: Amendment #1 to Demand Promissory Note
Dear Jim,
This letter confirms our agreement as follows:
James L. Davis hereby agrees to amend the first sentence of section 3 Payments, to read as follows: “The Principal Amount of this Note and any sums owed hereunder, shall be due and payable at the close of business on January 31, 2017.”
If you are in agreement with the foregoing, please indicate as much by signing in the appropriate space below.
CACHET FINANCIAL SOLUTIONS, INC.
By: | /s/ Jeffrey C. Mack | ||
Jeffrey C. Mack, CEO | |||
AGREED AND ACCEPTED | |||
/s/ James L. Davis | |||
James L. Davis |