Bauman Note Amendment dated October 31, 2020 (Bauman Note Amendment)
AMENDMENT #1 TO THE CONVERTIBLE PROMISSORY NOTE
ISSUED ON SEPTEMBER 14, 2020
THIS AMENDMENT #1 TO THE CONVERTIBLE PROMISSORY NOTE ISSUED ON September 14, 2020 (the “Amendment”) is entered into as of October 31, 2020 (the “Effective Date”), by and between Ethema Health Corporation, a Colorado corporation (the “Company”), and Joshua Bauman (the “Holder”) (collectively the “Parties”).
BACKGROUND
A. The Company and Holder are the parties to that certain convertible promissory
note originally issued by the Company to the Holder on September 14, 2020in the original principal amount of $110,000.00 (the “Note”);
B. The Holder has advanced additional funds to the Company in the principal amount of $25,000.00 on or about October 12, 2020.
B. The Parties desire to amend the Note as set forth expressly below.
NOW THEREFORE, in consideration of the execution and delivery of the Amendment and
other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Parties agree as follows:
1. The Parties agree that the face amount of the Note will increase from $110,000.00 to $137,500.00 and all other terms of the note will remain the same.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date first
above written.
Ethema Healthcare Corporation | Joshua Bauman | |||||||
By: __________________________________ __________________________________ | ||||||||
Name: Shawn Leon | ||||||||
Title: Chief Executive Officer | ||||||||