Second Amendment to Secured Promissory Note between BOS Investments Belize, Inc. and Awaysis Capital, Inc.

Contract Categories: Business Finance Note Agreements
Summary

This agreement is a second amendment to a secured promissory note originally made between BOS Investments Belize, Inc. (the lender) and Awaysis Capital, Inc. (the borrower). The amendment extends the maturity date for repayment of a $3,000,000 loan (originally denominated as $6,000,000 Belize Dollars) to July 31, 2025. All outstanding principal and interest must be paid in full by this new date. All other terms of the original note remain unchanged.

EX-10.1 2 ex10-1.htm EX-10.1

 

Exhibit 10.1

 

SECOND AMENDMENT TO SECURED PROMISSORY NOTE

 

This Second Amendment to Secured Promissory Note dated June 25, 2025 amends a certain Secured Promissory Note dated December 1, 2024 and its subsequent amendment by Amendment to Agreement to Secured Promissory Note 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) Belize Dollars to be paid in US Dollars at the exchange rate of $2BZD to $1USD 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 Maturity Date;

 

NOW, THEREFORE in consideration of the mutual promises contained herein and in the Secured Promissory Note, the Parties agree as follows:

 

1. 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 July 31, 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