Letter Agreement between HealthWarehouse.com, Inc. and Melrose Capital, LLC
Exhibit 3.2
Letter Agreement between XxxxxxXxxxxxxxx.xxx, Inc.
and Melrose Capital, LLC
Reference is made to the following documents: (i) Warrant to purchase 150,000 shares of common stock of XxxxxxXxxxxxxxx.xxx, Inc. dated September 30, 2013 and issued to Melrose Capital Advisors, LLC; (ii) Warrant to purchase 150,000 shares of common stock of XxxxxxXxxxxxxxx.xxx, Inc. dated March 28, 2014 and issued to Melrose Capital Advisors, LLC; and (iii) Warrant to purchase 75,000 shares of common stock of XxxxxxXxxxxxxxx.xxx, Inc. dated April 30, 2014 and issued to Melrose Capital Advisors, LLC.
In consideration of Melrose Capital Advisor, LLC entering into the Loan Extension Agreement dated November 10, 2015 and the Amended and Restated Promissory Note dated November 10, 2015, XxxxxxXxxxxxxxx.xxx, Inc. and Melrose Capital Advisors, LLC. Have agreed to modify the Exercise Price Per Share, as defined in the above referenced Warrants, from $0.35 (thirty-five cents) to $0.12 (twelve cents). All other terms of the above referenced Warrants will remain the same.
Accepted and agreed to on November 11, 2015 by:
XxxxxxXxxxxxxxx.xxx, Inc.
By: /s/ Xxxxx Xxxxxxxxx
Xxxxx Xxxxxxxxx
President & Chief Executive Officer
Melrose Capital Advisors, LLC.
By: /s/ Xxxxxxx Xxxxxx
Xxxxxxx Xxxxxx
Managing Member