Convertible Note Extension Agreement between Domain Media Corp. and Chris Kern
Domain Media Corp. and Chris Kern have agreed to extend the maturity date of a $302,000 convertible note originally due on July 10, 2016, by one year, making it due on or before July 10, 2017. All other terms and conditions of the original note remain unchanged. This agreement does not modify or waive any other provisions of the original convertible note.
CONVERTIBLE NOTE EXTENSION AGREEMENT
Pursuant to that certain Convertible Note dated as of July 10, 2013, by and between Domain Media, LLC, a wholly owned subsidiary of Domain Media Corp., (the “Company” or “Borrower”) and Chris Kern and/or his affiliates and assigns (the “Holder” or “Lender”), and having a three (3) year term being due and payable as of July 10, 2016, the parties hereto agree to extend the maturity due date of the Convertible Note for one (1) year to be due and payable on or before July 10, 2017. As of July 10, 2016, the current approximate balance of the Convertible Note is $302,000.
All of the terms and conditions of the Convertible Note shall remain in full force and effect, and this Extension Agreement does not waive, amend or alter any other terms or conditions therein.
Agreed & Accepted:
Company: Domain Media Corp.
Holder: Chris Kern
/s/ Chris Kern
/s/ Chris Kern
Authorized Signature
Mr. Chris Kern
Print Name: Chris Kern
Date: July 10, 2016
Title: President & Director
Date: July 10, 2016
