Amendment to $1.6 Million Promissory Note Between Forward Industries, Inc. and Forward Industries (Asia-Pacific) Corporation

Contract Categories: Business Finance › Note Agreements
Summary

Forward Industries, Inc. and Forward Industries (Asia-Pacific) Corporation have agreed to extend the maturity date of a $1.6 million promissory note. The new maturity date is January 17, 2020. This amendment confirms both parties' consent to the extension, as indicated by their authorized representatives.

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EX-10.3D 4 ford_ex1003d.htm AMENDMENT NO. 4 TO BUYING AGENCY AND SUPPLY AGREEMENT

Exhibit 10.3(d)

 

Forward Industries, Inc.

Attention: Michael Matte, CFO ***@***]

 

Re: Promissory Note

 

Sangita/Michael,

 

I am writing you to confirm our discussions and understanding regarding extending the maturity date of that certain $1.6 million promissory note issued by Forward Industries, Inc. (the “Company”) to Forward Industries (Asia-Pacific) Corporation to January 17, 2020. Please advise if you agree.

 

Sincerely yours,

 

 

/s/ Terence Wise                                                                                              

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

 

 

 

 

 

On Behalf of the Company, we agree:

 

 

By:   /s/ Michael Matte                                                                                    

Michael Matte, Chief Financial Officer of Forward Industries