Hygea Holdings Corp. Convertible Note Maturity Extension Agreement with Investor
Contract Categories:
Business Finance
›
Modification Agreements
Summary
This agreement is between Hygea Holdings Corp. and an investor holding a 10% convertible note. The note, originally maturing on October 30, 2011, is extended to mature on March 31, 2012. The note remains convertible at $0.11 per share, and all other terms stay the same. Both parties must sign to confirm their agreement to the new maturity date.
EX-4.9 6 ex49.htm EXHIBIT 4.9 ex49.htm
AGREED AND ACKNOWLEDGED:
EXHIBIT 4.9
HYGEA HOLDINGS CORP.
(f/k/a PIPER ACQUISITION II, INC.)
9100 South Dadeland Blvd., Suite 1500
Miami, Florida 33156
November 16, 2011
_______________________
_______________________
_______________________
Re: Hygea Holdings Corp. (f/k/a Piper Acquisition II Inc.) (the “Company”)
Mr. ___________:
Reference is hereby made to the 10% convertible note (the “Note”) issued by the Company on [insert issuance date] to the undersigned (the “Investor”). The Note is convertible, at any time at a conversion price of $0.11 per share. The Note bears interest at __% per annum and matured on October 30, 2011 (the “Maturity Date”).
By executing this letter, Investor agrees to extend the Maturity Date of the Note to March 31, 2012.
This letter agreement may be executed in one or more counterparts. We hereby request that you execute this letter agreement below acknowledging and agreeing to the terms set forth herein.
Sincerely, | |||
HYGEA HOLDINGS CORP. (f/k/a PIPER ACQUISITION II, INC.) | |||
By: | /s/ | ||
Name: | |||
Title: | |||
AGREED AND ACKNOWLEDGED: