AMENDMENT NO. 4 TO 10% CONVERTIBLE REDEEMABLE NOTE DATED SEPTEMBER 30, 2016
Exhibit
10.1
AMENDMENT NO. 4 TO
10% CONVERTIBLE REDEEMABLE NOTE
DATED SEPTEMBER 30, 2016
THIS
AMENDMENT NO. 4 TO 10% REDEEMABLE NOTE DATED SEPTEMBER 30, 2016
(this “Amendment”) is made and entered
into as of December 9, 2020, by and between Xxxxxxx X. Xxxxxx (the
“Holder”) and
Know Labs, Inc., a Nevada corporation f/k/a Visualant, Incorporated
(the “Company”).
WHEREAS, the
Company is a party to that certain 10% Convertible Redeemable Note
dated September 30, 2016, as amended by Amendment No. 3 dated as of
May 11, 2020 (as so amended, the “Note”) payable to Holder
(capitalized terms used herein and not otherwise defined shall have
the meanings set forth in the Note);
WHEREAS, the Note
currently has a Maturity Date of September 30, 2020;
and
WHEREAS, the Holder
and the Company wish to amend the Note to extend the Maturity
Date;
NOW,
THEREFORE, in consideration of the mutual covenants, agreements,
representations, and warranties contained herein, and for other
good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties hereby agree as
follows.
1. Amendment of Maturity Date. The
Maturity Date of the Note is hereby amended to March 31,
2021.
2. No Other Changes. Except as
specifically set forth in this Amendment, the terms of the Note
remain in full force and effect.
IN
WITNESS WHEREOF, the parties hereto have executed this Amendment as
of the date first above written.
/s/ Xxxxxx X.
Xxxxxxxx
By:
Xxxxxx X. Xxxxxxxx
Its:
Chairman
Holder:
/s/ Xxxxxxx X.
Xxxxxx
Xxxxxxx X.
Xxxxxx
