Extension Agreement for Joint Venture Organization and Operation – Digital Power Lending, LLC, QPAGOS, and Innovative Payment Systems, Inc.
Digital Power Lending, LLC, QPAGOS, and Innovative Payment Systems, Inc. have agreed to extend the closing date of their original joint venture agreement to August 17, 2018. All other terms of the original agreement remain unchanged. This extension allows the parties additional time to finalize the joint venture. The agreement was executed on July 16, 2018.
Exhibit 10.1
Extension of Agreement to Organize
and
Operate A Joint Venture
Pursuant to ARTICLE X, TERMINATION, the Parties hereto to that certain Agreement to Organize and Operate a Joint Venture dated June 14, 2018 (“Agreement”), as amended on June 29, 2018, hereby agree to extend the Closing Date of the Agreement up to and including Friday, August 17, 2018.
All other terms of the Agreement remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement as of July 16, 2018.
| Digital Power Lending, LLC | ||
| By:_/s/ William Corbett____________ | ||
| William Corbett, Manager | ||
| QPAGOS | ||
| By:_/s/ Gaston Pereira______________ | ||
| Gaston Pereira, Chief Executive Officer | ||
| Innovative Payment Systems, Inc. | ||
| By:_/s/ Greg Rovner_______________ | ||
| Greg Rovner | ||
