Amendment 3 dated December 9, 2020 to Senior Secured Convertible Redeemable Note dated February 28, 2018 by and between Know Labs, Inc. and Clayton A. Struve

Contract Categories: Business Finance - Note Agreements
EX-10.4 5 knwn_ex104.htm AMENDMENT 3 DATED DECEMBER 9, 2020 TO SENIOR SECURED CONVERTIBLE REDEEMABLE NOTE DATED FEBRUARY 28, 2018 BY AND BETWEEN KNOW LABS, INC. AND CLAYTON A. STRUVE knwn_ex104
 
Exhibit 10.4
AMENDMENT NO. 3 TO
SENIOR SECURED CONVERTIBLE REDEEMABLE DEBENTURE
DATED FEBRUARY 28, 2018
 
 
THIS AMENDMENT NO. 3 TO SENIOR SECURED CONVERTIBLE REDEEMABLE DEBENTURE DATED FEBRUARY 28, 2018 (this “Amendment”) is made and entered into as of December 9, 2020, by and between Clayton A. Struve (the “Holder”), and Know Labs, Inc., a Nevada corporation f/k/a Visualant, Incorporated (the “Company”).
 
WHEREAS, the Company is a party to that certain Senior Secured Convertible Redeemable Debenture dated February 28, 2018, as amended by Amendment No. 2 dated as of May 11, 2020 (as so amended, the “Debenture”) payable to Holder (capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Debenture);
 
WHEREAS, the Debenture currently has a Maturity Date of September 30, 2020; and
 
WHEREAS, the Holder and the Company wish to amend the Debenture to extend the Maturity Date;
 
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows.
 
1. Amendment of Maturity Date. The Maturity Date of the Debenture is hereby amended to March 31, 2021.
 
2. No Other Changes. Except as specifically set forth in this Amendment, the terms of the Debenture remain in full force and effect.
 
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date first above written.
 
Company:
 
KNOW LABS, INC.
 
/s/ Ronald P. Erickson
 
By: Ronald P. Erickson
Its: Chairman
 
Holder:
 
/s/ Clayton A. Struve
 
Clayton A. Struve