PROTEA BIOSCIENCES GROUP, INC. CONVERTIBLE PROMISSORY NOTE ADDENDUM

Contract Categories: Business Finance - Note Agreements
EX-10.2 3 v329926_ex10-2.htm EXHIBIT 10.2

 

PROTEA BIOSCIENCES GROUP, INC.

 

CONVERTIBLE PROMISSORY NOTE ADDENDUM

 

$70,000 Issue Date: November 30, 2012

  

This addendum is to acknowledge the fact that Stanley M. Hostler, by signing below, has agreed to extend the maturity date for the Converible Promissory Note issued by Protea Biosciences Group, Inc., a Delaware corporation (the “Company”), for the sums of $50,000 and $20,000 on September 25, 2012 (Issue Date). Whereas the original maturity was 60 days from the Issue Date, which results in a Maturity Date of November 24, 2012, this addendum extends the Maturity Date by 90 days to February 22, 2013.

 

All other specifics of the original Convertible Promissory Notes remain as stated in the original Note.

 

  Name of Holder: /s/ Stanley M. Hostler
   
  Address:_____________________
   
  ____________________________