Extension Agreement to Convertible Promissory Notes between Yale Transaction Finders, Inc. and Noteholders

Summary

Yale Transaction Finders, Inc. and the holders of its convertible promissory notes—Ironbound Partners Fund, LLC, Moyo Partners, LLC, and Dakota Group, LLC—have agreed to extend the maturity date of the notes from June 30, 2024, to June 30, 2025. All other terms of the original notes remain unchanged. This agreement is effective as of June 30, 2024, and simply provides more time for repayment or conversion of the notes.

EX-10.1 2 ex10-1.htm

Exhibit 10.1

As of June 30, 2024

The Directors

Yale Transaction Finders, Inc.

Gentlemen,

Reference is made to those certain convertible promissory notes, dated May 16, 2022 (collectively, the “Notes”), each made by Yale Transaction Finders, Inc. (“Company”) in favor of Ironbound Partners Fund, LLC, Moyo Partners, LLC and Dakota Group, LLC.

The parties hereby agree that, effective as of the date hereof, the “Maturity Date” (as defined in the Notes) shall be extended from June 30, 2024 to June 30, 2025.

Except as set forth herein, all terms of the Notes shall remain in full force and effect.

	YALE TRANSACTION FINDERS, INC.

	By:	/s/ Jonathan J. Ledecky
	Name:	Jonathan J. Ledecky
	Title:	President

Accepted and Agreed:

IRONBOUND PARTNERS FUND, LLC

By:	/s/ Jonathan J. Ledecky
Name:	Jonathan J. Ledecky
Title:	Managing Member

MOYO PARTNERS, LLC

By:	/s/Arnold P. Kling
Name:	Arnold P. Kling
Title:	Managing Member

DAKOTA GROUP, LLC

By:	/s/ Stanley Buchthal
Name:	Stanley Buchthal
Title:	President