Leading the world in emission solutions
EXHIBIT 10.1
Leading the world in emission solutions
March 21, 2014
Xxxxx X.X.
c/o SGA Nominees Limited
000 Xxx Xxxxxxxxxx Xxxx
London NW1 5QT
Dear Xx. Xxxxx:
This letter reflects our agreement regarding the Amended 8% Subordinated Convertible Promissory Note (the “Note”), which is attached to this letter.
As amended on February 16, 2012, the Note provides that maturity of the Note may be accelerated at the Holder’s election to a date not earlier than May 12, 2013.
Xxxxx X.X. xxxxxx acknowledges and confirms that it will not elect to accelerate the maturity of the Note prior to July 1, 2015.
Please sign and return this letter to us indicating your agreement.
We thank you for your continued support of Clean Diesel Technologies, Inc. If you have any questions, or would like to discuss any of the documents, please do not hesitate to contact me.
Sincerely,
CLEAN DIESEL TECHNOLOGIES, INC. By:/s/Xxxxxx X. Xxxxx Xxxxxx X. Xxxxx Chief Financial Officer |
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Agreed and Affirmed:
By:/s/Xxxxx Xxxx
Xxxxx Xxxx for Xxxxx Services LLC
Company Secretary
Xxxxx X.X.
21 March 2014
0000 Xxxxxxxxx Xxxx, Xxxxx 000, Xxxxxxx XX 00000 ● Tel x0-000-000-0000 ● Fax x0-000-000-0000 ● xxx.xxxx.xxx