Letter Agreement Amending Payment Date under Stock Purchase Agreement between Nukkleus Inc. and IBIH Limited (June 3, 2016)

Summary

Nukkleus Inc., IBIH Limited, Terra (FX) Offshore Limited, Ludico Investments Limited, and Currency Mountain Holdings LLC have agreed to amend their Stock Purchase Agreement dated May 27, 2016. This letter sets a new deadline, requiring the $825,000 balance of the cash purchase price to be paid to IBIH Limited by June 7, 2016. All parties have acknowledged and agreed to this revised payment date by signing the letter.

EX-10.4 8 nukk_ex104.htm LETTER AGREEMENT BETWEEN NUKKLEUS INC. AND IBIH LIMITED DATED JUNE 3, 2016 Blueprint

Exhibit 10.4

NUKKLEUS INC.

525 Washington Blvd.

Jersey City, New Jersey 07310

June 3, 2016

Markos A. Kashiouris

IBIH Limited

2, Iapetou Street, Agios Athanasios

4101 Limassol

Cyprus

Re: Stock Purchase Agreement (the “Agreement”) dated May 27, 2016 between Nukkleus Inc., IBIH Limited, Terra (FX) Offshore Limited, Ludico Investments Limited, Currency Mountain Holdings LLC and the Other Sellers Party Hereto

Dear Mr. Assentato:

Reference is hereby made to the Agreement. All terms not defined herein shall have the meaning as set forth in the Agreement. It is hereby agreed to by the parties that the Payment Date shall be defined as a date no later than June 7, 2016. Accordingly, all parties agree that the $825,000 balance owed of the Cash Purchase Price will be paid to IBIH Limited no later than June 7, 2016.

We kindly request that you execute this letter below indicating that you agree with the above amendment and statements.

Sincerely,

Nukkleus Inc.

By: /s/ Emil Assentato

Name: Emil Assentato

Title: CEO

AGREED AND ACKNOWLEDGED:

IBIH LIMITED

By: /s/ Markos A. Kashiouris
Name: Markos A. Kashiouris
Title:

Terra FX (Offshore) Limited		Ludico Investments Ltd.

By:/s/ Markos A. Kashiouris		By:/s/ Petros Economides
Name: Markos A. Kashiouris		Name: Petros Economides
Title: Authorized Person		Title: Authorized Person