Promissory Note Combination #7 Extension Agreement between Intellinetics, Inc. and Alpharion Capital Partners, Inc.

Summary

This agreement, dated December 16, 2012, is between Intellinetics, Inc. and Alpharion Capital Partners, Inc. It extends the due date of a previous promissory note for $131,500 from December 16, 2012, to January 15, 2013. Both parties agree to the new repayment deadline, giving Intellinetics, Inc. an additional thirty days to fulfill its payment obligation to Alpharion Capital Partners, Inc.

EX-4.37 26 v337963_ex4-37.htm EXHIBIT 4.37

 

Exhibit 4.37

 

 

PROMISSORY NOTE COMBINATION #7 EXTENSION AGREEMENT

 

 

 

This Promissory Note Combination #7 Extension Agreement, hereinafter referred to as “Combination #7 Extension”, entered into this Sixteenth day of December, 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 #7 dated November 16, 2012 for the amount of ONE HUNDRED THIRTY ONE THOUSAND AND FIVE HUNDRED DOLLARS ($131,500), hereinafter referred to as “Note Combination #7”. Said Note Combination #7 was originally due on a due date of December 16, 2012.

 

WHEREAS, Maker and Lender desire to enter into this Combination #7 Extension Agreement in order to extend the due date of the Note Combination # for an additional thirty days to January 15, 2013.

 

NOW, THEREFORE, it is dually agreed by both Maker and Lender to extend the due date of the Note Combination #7 to January 15, 2013.

 

IN WITNESS WHEREOF, the undersigned Maker and Lender has duly executed this

Combination #6 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