Form of Loan Amendment

EX-10.8 10 s115228_ex10-8.htm EXHIBIT 10.8

Exhibit 10.8

Loan Amendment

This agreement made as of this 11^th day of February 2016 by and between _______________ and ________________________ ("_________") and Full Spectrum Inc. (the “Company”).

Whereas the Company is indebted to __________________________ in the principal amount of $50,000 and interest of $6,500 through December 31, 2015 (“Loan”); and

Whereas the Parties wish to amend certain terms respecting the Loan as stated below:

It is hereby agreed:

All principal and interest outstanding under the Loan along with any additional interest accrued from January 1^st, 2016 forward shall be due and owing on April 1, 2017. Additional interest on the principal amount starting January 1^st, 2016 shall accrue at the rate of 10% per annum. The Company, at its election, may pay the outstanding principal and interest prior to April 1, 2017 without penalty with the interest accrued to that date.

______________ waives any penalties or defaults existing as of this date.

All other terms of the Loan shall continue.

		Full Spectrum Inc.