Amendment No. 1 to Promissory Note dated January 18, 2018 - Forward Industries (Asia-Pacific)

Contract Categories: Business Finance - Note Agreements
EX-4.2 2 exhibit4-2.htm Exhibit 4.2

Exhibit 4.2


January 14, 2019



                                Re: Forward Industries, Inc.


Ladies and Gentlemen,


                I am writing to you and confirming that, subject to the approval of the Board of Directors of Forward Industries, Inc., I hereby agree to extend the maturity date of my $1.6 million promissory note issued by the Company to Forward Industries (Asia-Pacific) Corporation from January 18, 2019 to April 18, 2019.   If you are agreeable, please sign below.



    Sincerely yours,




By: /s/ Terence Wise

      Terence Wise, Principal of Forward Industries (Asia-Pacific) Corporation





Accepted by:



By: /s/ Michael Matte

       Michael Matte, Chief Financial Officer of Forward Industries, Inc.