Extension Agreement for Joint Venture Organization and Operation – Digital Power Lending, QPAGOS, and Innovative Payment Systems

Contract Categories: Mergers & Acquisitions › Joint Venture Agreements
Summary

Digital Power Lending, QPAGOS, and Innovative Payment Systems have agreed to extend the closing date of their original joint venture agreement from June 14, 2018, to July 16, 2018. All other terms of the original agreement remain unchanged. This extension allows the parties additional time to finalize the joint venture. The agreement was executed on June 29, 2018.

Read More Arrow
EX-10.1 2 ex10_1.htm EXHIBIT 10.1
Exhibit 10.1
 
Extension of Agreement to Organize

and

Operate A Joint Venture

Pursuant to ARTICLE X, TERMINATION, the Parties hereto to that certain Agreement to Organize and Operate a Joint Venture dated June 14, 2018 (“Agreement”), hereby agree to extend the Closing Date of the Agreement up to and including Monday, July 16, 2018.

All other terms of the Agreement remain in full force and effect.

IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement as of June 29, 2018.

 
Digital Power Lending, LLC
  
       
       
 
By:
/s/ William Corbett
  
 
William Corbett, Manager
  
       
       
 
QPAGOS
  
       
       
 
By:
/s/ Gaston Pereira
  
 
Gaston Pereira, Chief Executive Officer
  
       
       
 
Innovative Payment Systems, Inc.
  
       
       
 
By:
/s/ Greg Rovner
  
 
Greg Rovner