Extension of LOI
Exhibit 10.21b
Extension of LOI
The Term Sheet effective as of April 25, 2023 and extended as of November 29, 2023, is between Cycurion Inc, a Delaware corporation, (the “Buyer”), with principal offices located at 0000 Xxxx Xxxxx, Xxxxxx Xxxxx, XxXxxx, Xxxxxxxx 00000 on the one hand, and SLG Innovation, Inc., an Illinois corporation (the “Company”) with principal offices located at 000 Xxxxx Xxxxxx Xxxxx, Xxxxx 0000, Xxxxxxx, Xxxxxxxx 00000 and the holders of a majority of the outstanding capital stock of the Company (the “Majority Shareholders”) have agreed to extend the termination date of the Binding term sheet to June 30, 2024. The date set forth in Term Sheet of November 30, 2023 is hereby extended to June 30, 2024.
[signatures on the next page]
IN WITNESS WHEREOF, the Company has caused this Term Sheet extension to be signed in its name by its duly authorized officer effective as of the date first written above.
| SLG INNOVATION, INC. | ||
| | ||
| By: | /s/ Xx Xxxxx | |
| | Xx Xxxxx, Chief Executive Officer | |
| | ||
| /s/ XX XXXXX | ||
| XX XXXXX, shareholder | ||
| | ||
| /s/ XXX XXXX | ||
| XXX XXXX, shareholder | ||
| | ||
| CYCURION, INC. | ||
| | ||
| By: | /s/ Xxxxx XxXxx, III | |
| | Xxxxx XxXxx, XXX, Chief Financial Officer |
2