Westergaard Holdings Ltd. 12757 54th Avenue, Surrey, BC V3X 3C1 (604) 970-4992
Exhibit 10.1
Xxxxxxxxxxx Holdings Ltd.
00000 00xx Xxxxxx, Xxxxxx, XX X0X 0X0 (000) 000-0000
December 31, 2015
Xxxxxx X. Xxxxxx
0000 - 000 Xxxxxx
Xxxxx 000
Xxxxxx, XX X0X 0X0
Dear Xx. Xxxxxx:
RE: Xxxxxxxxxxx Holdings Ltd. — Subscription Agreement/Debt Settlement & Addendums
As per your request, Xxxxxxxxxxx Holdings Ltd. hereby extends redemption dates as set out in a Letter Agreement addressed to yourself and dated November 10, 2015 as follows:
|
1.
|
I hereby agree to extend the December 15, 2015 redemption date to May 1, 2016.
|
|
2.
|
I hereby agree to extend the January 15, 2016 redemption date to June 1, 2016.
|
|
3.
|
I hereby agree to extend the February IS, 2016 redemption date to July 1, 2016.
|
I trust the extension of redemption dates as set out above will provide yourself and the company ample time to raise sufficient capital to redeem all of the Series A Convertible Preferred Shares owned by Xxxxxxxxxxx Holdings Ltd. and to provide DSG Global Inc. with working capital as required to move forward.
Yours very truly,
Xxxxxxxxxxx Holdings Ltd.
/s/ Xxxxx Xxxxxxxxxxx
Xxxxx X. Westergaard
xxxxx.xxxxxxxxxxx@xxxxx.xxx
