Funding Commitment Letter between Coventry Enterprises, LLC and Friendable, Inc. dated December 2, 2016
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Summary
Coventry Enterprises, LLC has committed to provide funding to Friendable, Inc. in connection with a Securities Purchase Agreement dated October 7, 2016, as amended, involving Alpha Capital Anstalt. Coventry will fund $88,000 (net $84,000) by December 5, 2016, and $84,000 (net $80,000) by January 4, 2017. This letter serves as a formal commitment of these amounts to the Company.
EX-10.2 3 exhibit_10-2.htm FUNDING COMMITMENT LETTER DATED DECEMBER 2, 2016 SIGNED BY COVENTRY ENTERPRISES, LLC Blueprint
EXHIBIT 10.2
FUNDING COMMITMENT LETTER DATED DECEMBER 2, 2016
Dear Mr. Rositano, please let this letter serve as a commitment letter for Coventry Enterprises, LLC to commit to fund the following amounts into Friendable, Inc. (the “Company”) in connection with a Securities Purchase Agreement dated October 7, 2016, as amended, by and among the Company and Alpha Capital Anstalt.
| Date | Amount | Net Amount |
| On or prior to December 5, 2016 | $88,000 | $84,000 |
| On or prior to January 4, 2017 | $84,000 | $80,000 |
Sincerely,
Coventry Enterprises, LLC
/s/ Jack Bodenstein
By: Jack Bodenstein
Title: Manager
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Company Initials
