Amendment No. 6 to Senior Secured Convertible Redeemable Debenture between Know Labs, Inc. and Clayton A. Struve
This amendment, dated November 8, 2021, is between Know Labs, Inc. and Clayton A. Struve. It extends the maturity date of a Senior Secured Convertible Redeemable Debenture originally dated December 12, 2017, from September 30, 2021, to March 31, 2022. All other terms of the original debenture remain unchanged. The amendment is signed by both parties to confirm their agreement to this extension.
EXHIBIT 10.3
AMENDMENT NO. 6 TO
SENIOR SECURED CONVERTIBLE REDEEMABLE DEBENTURE
DATED DECEMBER 12, 2017
This AMENDMENT NO. 6 TO SENIOR SECURED CONVERTIBLE REDEEMABLE DEBENTURE dated DECEMBER 12, 2017 (this “Amendment”) is made and entered into as of November 8, 2021, 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 December 12, 2017, as amended by Amendment No. 5 dated as of April 29, 2021 (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, 2021; 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, 2022.
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.
By: Ronald P. Erickson
By: Ronald P. Erickson
Its: Chairman
Holder:
/s/ Clayton A. Struve |
|
Clayton A. Struve