BETWEEN CG MALTA HOLDING LIMITED AND XSIGMA ENTERTAINMENT LTD.
Exhibit 10.2
AMENDMENT TO THE SUBSRIPTION OF SHARES AGREEMENT
BETWEEN
CG MALTA HOLDING LIMITED AND
XSIGMA ENTERTAINMENT LTD.
THE SUBSCRIPTION OF SHARES AGREEMENT entered into by the Parties on the 4th day of April, 2021 is, by mutual agreement of the Parties, hereby amended as of this 4th day of August, 2021. WHEREAS:
2.2 The Parties agree that the Second Shares shall be subscribed by the Subscriber for the total price of thirty-five million United States Dollars ($35,000,000) payable by the Subscriber to the Company upon signing of a second share subscription agreement not later than four (4) months from the date of signing of this Agreement.
IS HEREBY AMENDED TO:
2.2 The Parties agree that the Second Shares shall be subscribed by the Subscriber for the total price of thirty-five million United States Dollars ($35,000,000) payable by the Subscriber to the Company upon signing of a second share subscription agreement to be completed no later than January 1, 2022. This extension is subject to the Subscriber subscribing for ten million United States Dollars ($10,000,000) of the total price no later than August 30, 2021.
All other aspects of the Subscription for Shares Agreement remain unchanged.
IN WITNESS WHEREOF, the Parties hereto have executed this Amendment to the Agreement for Subscription of Shares as of the date hereinbefore set forth.
| /s/Xxxxxxxx Xxxxx | |
| Xxxxxxxx Xxxxx, CEO | |
| f/obo xSigma Entertainment Limited | |
| Subscriber | |
| /s/Xxxxxx Xxxx Xxxxxxxx | |
| Xxxxxx Xxxx Xxxxxxxx | |
| f/obo CG Malta Holding Limited | |
| Company | |
| /s/Xxxxxx Xxxx Xxxxxxxx | |
| Xxxxxx Xxxx Xxxxxxxx Shareholder | |
| By way of Acknowledgment |
