Addendum to Convertible Promissory Note between Protea Biosciences Group, Inc. and Stanley M. Hostler & Virginia Child
This addendum extends the maturity date of a $68,216 convertible promissory note issued by Protea Biosciences Group, Inc. to Stanley M. Hostler and Virginia Child. The original note, dated September 25, 2012, was set to mature on November 24, 2012. With this addendum, the maturity date is extended by 90 days to February 22, 2013. All other terms of the original note remain unchanged.
PROTEA BIOSCIENCES GROUP, INC.
CONVERTIBLE PROMISSORY NOTE ADDENDUM
| $68,216 | Issue Date: November 30, 2012 |
This addendum is to acknowledge the fact that Stanley M. Hostler and Virginia Child, by signing below, have agreed to extend the maturity date for the Converible Promissory Note issued by Protea Biosciences Group, Inc., a Delaware corporation (the “Company”), for the sum of $68,216 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 | |
| /s/ Virginia Child | |
| Address:_____________________ | |
| ____________________________ |
