Notice of Conversion of Convertible Promissory Note by Ben and Carol Howden with Electromedical Technologies, Inc.

Contract Categories: Business Finance Note Agreements
Summary

Ben and Carol Howden have chosen to convert their $25,000 Convertible Promissory Note, plus $2,947.75 in accrued interest, into 39,363 shares of restricted common stock of Electromedical Technologies, Inc. at a rate of $0.71 per share. The conversion is in accordance with the terms of the original note, and no fees will be charged except for any applicable transfer taxes. The agreement is acknowledged by the company's CEO, Matthew Wolfson.

EX-10.29 37 tm2024129d1_ex10-29.htm EXHIBIT 10.29

 

Exhibit 10.29

 

 

NOTICE OF CONVERSION The undersigned hereby elects to convert their May 3, 2018 Convertible Promissory Note entered into with Electromedical Technologies, Inc., a Delaware corporation (the "Issuer"), in the principal amount of $25 ,000 of principal plus accrued interest of $2,947.75 totaling $27,947.75 into 39,363 shares of the Issuer's restricted Common Stock at the rate of$0. 71 per share according to the terms of the Note. No fee will be charged to the Holder for any conversion, except for transfer taxes, if any. BEN HOWDEN Date: October 24, 2019 CAROL HOWDEN Date: October 24, 2019 AGREED TO BY: ELECTROMEDICAL TECHNOLOGIES, INC. By: Matthew Wolfson, CEO