Greenpro, Inc. 9/F., Kam Chung Commercial Building, 19-21 Hennessy Road Wanchai, Hong Kong

EX-4.5 5 fs12014a1ex4v_greenpro.htm AMENDMENT TO CONVERTIBLE PROMISSORY NOTE Unassociated Document
Exhibit 4.5
 
Greenpro, Inc.
9/F., Kam Chung Commercial Building, 19-21 Hennessy Road
Wanchai, Hong Kong
 
  May 6, 2014
   
 
VIA EMAIL
Loke Che Chan, Gilbert
 
Re:    Amendment to the Greenpro, Inc. Note
 
Dear Mr. Loke:

Greenpro, Inc. (the “Company”) hereby seeks your consent to make certain amendments to the Promissory Note of the Company in the principal amount of $41,250 originally issued on August 12, 2013 (the “Note”) in the name of Loke Che Chan, Gilbert (“Loke”). Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Note.

1.           Amendment to the Note.  This Agreement amends and restates the first paragraph of the Note as follows:

“FOR VALUE RECEIVED, Greenpro, Inc., a Nevada corporation (the “Company”), hereby unconditionally promises to pay to Loke Che Chan, Gilbert (together with its registered assigns, the “Holder”) on August 12, 2014 (the “Maturity Date”) the principal sum of Forty-one Thousand Two Hundred and Fifty UNITED STATES DOLLARS (U.S.$41,250) (the “Principal”), and to pay to the Holder interest on the unpaid principal amount of this Note as provided in Article I hereof. ”

2.           Waiver of Defaults. Loke hereby (i) waives the Defaults as define in Section 5.1 of the Note in connection with the extension of the Maturity Date of the Note, and (ii) to release the Company from the obligations of such Defaults and to waive any claims against the Company in connection with such Defaults or the transactions contemplated hereby.

3.           No Other Changes.  Except as expressly set forth in this Agreement, all other provisions of the Note (as amended) shall remain in full force and effect.

4.           Counterparts.  This Agreement may be executed in counterparts, each of which shall be deemed an original agreement, but all of which together shall constitute one and the same instrument.  Execution and delivery of this Agreement by facsimile transmission (including the delivery of documents in Adobe PDF format) shall constitute execution and delivery of this Agreement for all purposes, with the same force and effect as execution and delivery of an original manually signed copy hereof.
 
 
 

 

5.           Governing Law.  This Agreement and the rights and obligations hereunder of each of the parties hereto shall be governed by, and interpreted and determined in accordance with, the law of the State of Nevada without giving effect to conflicts of laws principles.

6.           Conflicts.  To the extent that any term or provision of this Agreement conflicts with any term or provision of the Note, as amended, the term or provision of this Agreement shall control.
 
 
Very truly yours,
 
Greenpro, Inc.
 
       
 
By:
/s/ Lee Chong Kuang
 
  Name: Lee Chong Kuang  
  Title:
Chief Executive Officer
 
 
TERMS AGREED TO:
 
/s/ Loke Che Chan, Gilbert  
Name: Loke Che Chan, Gilbert