Promissory Note Combination #5 Extension Agreement between Intellinetics, Inc. and Alpharion Capital Partners, Inc.
Intellinetics, Inc. and Alpharion Capital Partners, Inc. have agreed to extend the repayment deadline for a $50,000 promissory note originally due on November 16, 2012. This agreement moves the due date to December 16, 2012, giving Intellinetics an additional thirty days to repay the loan. All other terms of the original note remain unchanged.
Exhibit 4.28.1
PROMISSORY NOTE COMBINATION #5 EXTENSION AGREEMENT
This Promissory Note Combination #5 Extension Agreement, hereinafter referred to as “Combination #5 Extension”, entered into this Sixteenth day of November, 2012, by and among Intellinetics, Inc, hereinafter called “Maker” and Alpharion Capital Partners, hereinafter called “Lender”.
WHEREAS, Maker and Lender have entered into a Promissory Note Combination #5 dated September 2, 2012 for the amount of FIFTY THOUSAND and 00/100 DOLLARS ($50,000), hereinafter referred to as “Note Combination #5”. Said Note Combination #5 was originally due on a due date of November 16, 2012.
WHEREAS, Maker and Lender desire to enter into this Combination #5 Extension Agreement in order to extend the due date of the Note Combination #5 for an additional thirty days to December 16, 2012.
NOW, THEREFORE, it is dually agreed by both Maker and Lender to extend the due date of the Note Combination #5 to December 16, 2012.
IN WITNESS WHEREOF, the undersigned Maker and Lender has duly executed this
Combination #5 Extension as of the day and year above first written.
| INTELLINETICS, INC. | |
| By: /s/William J. Santiago | |
| ALPHARION CAPITAL PARTNERS, INC. | |
| By: /s/Rick Hughes |
