Westergaard HoldingsLtd. 12757 54th Avenue, Surrey, BC V3X 3C1 ###-###-####
EX-10.1 2 ex10-1.htm ex10-1.htm
Exhibit 10.1
Westergaard Holdings Ltd.
12757 54th Avenue, Surrey, BC V3X 3C1 ###-###-####
December 31, 2015
Robert C. Silzer
DSG Global Inc.
5455 - 152 Street
Suite 214
Surrey, BC V3S 5A5
Dear Mr. Silzer:
RE: Westergaard Holdings Ltd. — Subscription Agreement/Debt Settlement & Addendums
As per your request, Westergaard Holdings Ltd. hereby extends redemption dates as set out in a Letter Agreement addressed to yourself and dated November 10, 2015 as follows:
1. | I hereby agree to extend the December 15, 2015 redemption date to May 1, 2016. |
2. | I hereby agree to extend the January 15, 2016 redemption date to June 1, 2016. |
3. | I hereby agree to extend the February IS, 2016 redemption date to July 1, 2016. |
I trust the extension of redemption dates as set out above will provide yourself and the company ample time to raise sufficient capital to redeem all of the Series A Convertible Preferred Shares owned by Westergaard Holdings Ltd. and to provide DSG Global Inc. with working capital as required to move forward.
Yours very truly,
Westergaard Holdings Ltd.
/s/ Keith Westergaard
Keith B. Westergaard
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