Allonge to Senior Secured Incremental Note—Channel Ventures Group, LLC and Circles MVNE Pte. Ltd.
This document is an allonge (an attachment for transferring a negotiable instrument) to a $1,000,000 Senior Secured Incremental Note originally issued by Pareteum Corporation to Channel Ventures Group, LLC. As of April 25, 2022, Channel Ventures Group, LLC transfers the note to Circles MVNE Pte. Ltd. without any representation, warranty, or recourse, except as specified in a related Note Sale Contract. Pareteum Corporation acknowledges the transfer. The agreement formalizes the transfer of rights under the note between the parties.
Exhibit 10.9
EXHIBIT B-8
ALLONGE
This Allonge is made to that Senior Secured Incremental Note, certificate B-7, dated December 17, 2021 (the “Note”), in the original principal sum of one million dollars ($1,000,000.00) issued by Pareteum Corporation, a Delaware corporation to Channel Ventures Group, LLC, a Delaware limited liability company, pursuant to that certain Joinder Agreement dated December 17, 2021 and subject to the terms of that Securities Purchase Agreement dated as of June 8, 2020, as amended from time to time.
Pay to the order of Circles MVNE Pte. Ltd., WITHOUT REPRESENTATION, WARRANTY OR RECOURSE WHATSOEVER, except as expressly set forth in the Note Sale Contract dated as of April 25, 2022, made and entered into by and between the undersigned, as seller, and Circles MVNE Pte. Ltd., as purchaser and acknowledged and agreed to by Pareteum Corporation, as issuer.
Dated as of April 25, 2022.
| CHANNEL VENTURES GROUP, LLC | ||
| By: | /s/ Markwin Maring | |
| Name: Markwin Maring | ||
| Title: Statutory Director | ||
