Amendment to Secured Promissory Note, executed April 22, 2025, between Awaysis Capital, Inc. and BOS Investments Belize, Inc
Exhibit 10.32
AMENDMENT TO AGREEMENT TO SECURED PROMISSORY NOTE
This Amendment to Secured Promissory Note dated December I, 2024 and executed December 26, 2024 is dated December 31, 2024 between BOS Investments Belize, Inc. (“Holder”) and Awaysis Capital, Inc., a Delaware corporation (“Borrower”).
WHEREAS Holder and Borrower have entered into a secured promissory note for the repayment of SIX MILLION AND NO/100 ($6,000,000.00) United States Dollars to be paid in US Dollars at the exchange rate of $2BZD to $IUSD for a total of THREE MILLION AND NO/100 ($3,000,000.00) United States Dollars;
WHEREAS Holder and Borrower have agreed to certain amendments to that Secured Promissory Note contemplated under the agreement, namely an extension of the s;
NOW, THEREFORE in consideration of the mutual promises contained herein and in the Secured Promissory Note, the Parties agree as follows:
I. | The payment terms of the Secured Promissory Note are hereby amended so that all Outstanding Principal and Interest shall be paid in lump sum on or before the Maturity Date of June 1, 2025. | |
2. | All other terms of the Secured Promissory Note remain in full force and effect. |
AGREED TO, SIGNED AND EXECUTED, the undersigned have put into effect this Amendment to Secured Promissory Note as of the effective date written below.
BORROWER | ||
Awaysis Capital, Inc. | ||
By: | /s/ Andrew Trumbach | |
Name: | Andrew Trumbach | |
Title: | Co-CEO | |
HOLDER | ||
BOS Investments Belize, Inc. | ||
By: | /s/ Michael Singh | |
Name: | Michael Singh | |
Title: | President |