Extension to Thirty (30) Day Promissory Note between the Registrant and David Zevetchin

Contract Categories: Business Finance - Note Agreements
EX-10.13 3 gogreen_ex1013.htm EXTENSION TO THIRTY (30) DAY PROMISSORY NOTE

Exhibit 10.13

 

EXTENSION TO THIRTY (30) DAY PROMISSORY NOTE

 

 

Principal Total: $59,483.40

Original Issue Date: April 2, 2024

Date of Extension: September 30, 2024

Extended Date of Maturation: November 30, 2024

 

 

FOR VALUE RECEIVED, the undersigned, Go Green Global Technologies, Corp., (“Borrower”), promises to pay to the order of David Zevetchin or his successors or assigns (“Lender”), on or before the date (the “Maturity Date”) which is ninety (90) days from the date of this extension in the amount of Fifty Nine Thousand Four Hundred and Eighty Three dollars and Forty cents ($59,483.40) plus Ten Percent (10%) Interest per annum, payable in full at the maturation of the note.

 

For consideration of this Note, Lender will receive 200,000 shares of restricted common stock for every thirty (30) days that the Note is outstanding. The Borrower shall issue to the Lender the appropriate amount of pro-rated restricted common stock at such time of payment of the principal amount of the Note, should the Note be repaid before November 30, 2024.

 

The Borrower reserves the right to prepay this Note, in whole or in part, prior to the Due Date with no prepayment penalty.

 

The delay or failure to exercise any right hereunder shall not waive such right. The undersigned hereby waives demand, presentment, protest, notice of dishonor or non-payment, notice of protest, and all delays or lack of diligence in collection hereof and assents to each and every extension or postponement of the time of payment or other indulgence.

 

In the event of default hereunder such that this Note is placed in the hands of an attorney for collection (whether or not suit is filed), or if this Note is collected by suit or legal proceedings or through bankruptcy proceedings, Borrower agrees to pay reasonable attorney’s fees and expenses of collection.

 

This Note shall be governed by, and construed and interpreted in accordance with, the laws of the State of Connecticut. Exclusive jurisdiction relating to this Note shall vest in courts located in the State of Connecticut. Process may be served by a recognized overnight carrier to Borrower: 22 Kenosia Avenue, Unit 9, Danbury, CT 06801.

 

IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Note the date and year first above written.

 

 

***signature page to follow***

 

 

 

 

 

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Go Green Global Technologies Corp.

 

 

/s/ Danny Bishop

 

 

Name: Danny Bishop

 

 

Title: CEO

 

 

Date Signed: 10/24/2024

 

 

 

 

 

Lender

 

 

/s/ David Zevetchin

 

 

Name: David Zevetchin

 

 

Date Signed: 10/22/2024

 

 

 

 

 

 

 

 

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