ATRINSIC, INC. 65 Atlantic Avenue Boston, Massachusetts 02110 December 9, 2015

EX-10.2 6 exhibit10-2.htm exhibit10-2.htm
 
 


EXHIBIT 10.2
ATRINSIC, INC.
 
65 Atlantic Avenue
Boston, Massachusetts 02110


December 9, 2015
Hudson Bay Master Fund Ltd.
777 Third Avenue, 30th Floor
New York, NY 10017
Attn.: Mr. Yoav Roth

Re: 3rd Amendment to First Amended and Restated Security Agreement

Dear Mr. Roth:

Reference is made to the incremental $25,000.00 loan from Hudson Bay Master Fund Ltd. to Atrinsic, Inc. being funded today which will be evidenced by a Convertible Promissory Note of even date herewith.  We hereby confirm that “Notes” as defined in the First Amended and Restated Security Agreement dated December 18, 2014, as amended, shall be further amended to include all of the notes described on Exhibit A hereto.

Except as modified hereby, the First Amended and Restated Security Agreement dated December 18, 2014 shall remain in full force and effect.

Sincerely,


/s/ Edward Gildea_______________________
Edward Gildea,
President

Agreed to and Accepted:

Hudson Bay Master Fund Ltd.

By:/s/ Yoau Roth____________________
Yoau Roth, Authorized Signatory


 
 
EXHIBIT 10.2, 1

 


 
Exhibit A

Notes Covered by First Amended and Restated Security Agreement
by and among
Atrinsic, Inc., Iroquois Master Fund LTD and Hudson Bay Master Fund LTD


Note Date
 
Holder
 
Note Amount
         
2/11/2014
 
Hudson Bay Master Fund LTD
 
$87,500.00
2/11/2014
 
Iroquois Master Fund LTD
 
$87,500.00
8/15/2014
 
Hudson Bay Master Fund LTD
 
$45,000.00
8/15/2014
 
Iroquois Master Fund LTD
 
$45,000.00
12/18/2014
 
Hudson Bay Master Fund LTD
 
$75,000.00
12/18/2014
 
Iroquois Master Fund LTD
 
$75,000.00
5/15/2015
 
Hudson Bay Master Fund LTD
 
$50,000.00
5/15/2015
 
Iroquois Master Fund LTD
 
$50,000.00
9/3/2015
 
Hudson Bay Master Fund LTD
 
$25,000.00
9/3/2015
 
Iroquois Master Fund LTD
 
$25,000.00
10/__/2015
 
Hudson Bay Master Fund LTD
 
$25,000.00
10/__/2015
 
Iroquois Master Fund LTD
 
$25,000.00
12/_/2015
 
Hudson Bay Master Fund
LTD
 
$25,000.00
12/_/2015
 
Iroquois Master Fund
LTD
 
 
$25,000.00
 
 


 
 
EXHIBIT 10.2, 2