NOTE MODIFICATION AGREEMENT
This Note Modification Agreement (“Agreement”) is made and entered into on _____ September, 2017 by and between Precision Opinion, Inc. (“Precision”) and Xxxxxxx Xxxxxx (“France”).
RECITALS
WHERAS, Precision executed and delivered to France a promissory note dated October 20, 2016 in the principal amount of $800,000.00, a copy of which is attached as Exhibit “A” and incorporated herein by reference (“Promissory Note”); and,
WHEREAS, the Promissory Note provided for a maturity date of October 19, 2017.
NOW, THEREFORE, in consideration of mutual covenants and agreements herein contained, Precision and France agree as follows:
1. | The principal amount as of the date of this Agreement owed on the Promissory Note is $800,000.00. | |
2. | The maturity date of the Promissory Note is modified to provide that the entire principal amount outstanding shall be due and payable in full on December 31, 2019. | |
3. | In all other respects, the Promissory Note remains in full force and effect as originally signed. |
Precision Opinion, Inc. | Xxxxxxx Xxxxxx | |
Xxxxx X. Xxxxxx | Xxxxxxx Xxxxxx | |
President |