Form of Addendum extending the maturity date to May 12, 2022 for a Convertible 10% Promissory Note issued on May 12, 2017, used in connection with the sale of a convertible promissory note in an amount up to $150,000
Notice of Extended Maturity Date
The Convertible Promissory Note between XsunX, Inc. (the “Borrower”) and (the “Lender”), executed and effective on May 12, 2017 (the “Note”) had an initial Maturity Date of May 12, 2018.
The Lender and Borrower hereby agree to extend the Maturity Date, and the Note Amount shall be payable upon demand, but in no event later than sixty (60) months from the Effective Date (the “Extended Maturity Date”).
All other terms and conditions of the Note remain unchanged.
Agreed and Accepted:
Chief Executive Officer
By Date 7/17/18