Amendment to Warrant No. 527 between Wytec International, Inc. and Christopher Stuart, Dated January 31, 2024

Contract Categories: Business Finance › Warrant Agreements
Summary

Wytec International, Inc. and Christopher Stuart have agreed to amend Warrant No. 527, originally issued on December 11, 2023, which allowed Stuart to purchase 85,784 shares of Wytec's common stock. The amendment extends the expiration date of the warrant from January 31, 2024, to December 31, 2024. All other terms of the original warrant remain unchanged. This amendment ensures Stuart has additional time to exercise his rights under the warrant.

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EX-4.2 3 wytec_ex0402.htm AMENDMENT TO WARRANT NO. 527, DATED JANUARY 31, 2024

Exhibit 4.2

 

 

AMENDMENT TO WARRANT NO. 527

 

This Amendment to Warrant No. 527 (the “Amendment”) is made as of this 31st day of January 2024 by and between Wytec International, Inc., a Nevada corporation (“Company”), and Christopher Stuart, an individual (“Stuart”), with respect to the following facts:

 

RECITALS

 

A.That certain warrant to purchase 85,784 shares of the Company’s common stock, dated December 11, 2023 (the “Warrant”), is due to expire on January 31, 2024.

 

B.The parties desire to amend the Warrant in order to extend the expiration date of the Warrant to December 31, 2024.

 

C.The terms used in this Amendment will have the meanings ascribed to them in the Agreement unless otherwise defined herein.

 

NOW, THEREFORE, for one dollar and other good and valuable consideration, THE PARTIES HERETO AGREE AS FOLLOWS:

 

1.Amendment.

 

The Warrant will expire at 5:00 P.M., CT on December 31, 2024.

 

2.Effect of Amendment.

 

The Agreement will remain in full force and effect except as specifically modified by this Amendment. In the event of any conflict between the Amendment and the Agreement, the terms of this Amendment will govern.

 

3.Counterparts.

 

This Amendment may be executed simultaneously in any number of counterparts, each of which counterparts will be deemed to be an original and such counterparts will constitute but one and the same instrument.

 

IN WITNESS WHEREOF, this First Amendment is executed as of the date first above written.

 

COMPANY: WYTEC INTERNATIONAL, INC., a Nevada corporation

  
     
     
     
     
By: /s/ William H. Gray      
  William H. Gray, President      
         
         

STUART: CHRISTOPHER STUART, an individual

      
         
         
         
         
 

/s/ Christopher Stuart

      
 

Christopher Stuart