Letter agreement from Ching Liu dated December 18, 2019 to extend the cash payment due on the exchange of shares of restricted stock 2

Contract Categories: Business Finance - Exchange Agreements
EX-10.84 13 solarmax_ex1084.htm EX-10.84 solarmax_ex1084.htm



December 18, 2019


SolarMax Technology, Inc.

3080 12th Street

Riverside, California 92507


Ladies and Gentlemen:


Reference is made to the agreement dated March 27, 2019, pursuant to which I exchanged 1,680,000 shares of common stock, par value $0.001 per share (“Common Stock”), of SolarMax Technology, Inc., a Nevada corporation (the “Company”) represented by a Stock Grant for (i) an option to purchase 1,779,960 shares of Common Stock and (ii) a cash payment of $500,000, which was to have been paid by December 15, 2019. This letter will confirm my prior advice to you that I agree that the date by which the cash payment is to be made to me has been extended to March 31, 2020.


Very truly yours,


Name: Ching Liu