AMENDMENT AGREEMENT
Exhibit 3.2
AMENDMENT AGREEMENT
THIS AMENDMENT AGREEMENT dated for reference January 26, 2018 is made
BETWEEN:
EMERALD HEALTH SCIENCES INC., a corporation incorporated under the laws of British Columbia with an office at 000-000 Xxxxx Xx. Xxxxxxxxx, XX, X0X 0X0
(the “Lender”);
AND:
EMERALD HEALTH PHARMACEUTICALS INC., a corporation incorporated under the laws of Delaware with an office at 0000 Xxxxx Xxxxx Xxxxx, Xxx Xxxxx, Xxxxxxxxxx, 00000
(the “Borrower”);
WHEREAS the Borrower and the Lender entered into a loan agreement (the “Loan Agreement”) dated for reference September 1, 2017 and now wish to amend the Loan Agreement on the terms of this Agreement;
NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the premises and the mutual covenants and agreements hereinafter set out, the parties hereto agree as follows:
| 1. | AMENDMENT |
| 1.1 | Section 3.5 |
Section 3.5 of the Loan Agreement is hereby amended by replacing “$1.00” with “$2.00 or such other amount as the parties agree to in writing”.
| 1.2 | Full Force |
Save and except as amended herein, the Loan Agreement remains in full force and effect in accordance with its original terms and conditions.
| 1.3 | Time |
Time is of the essence of this Agreement.
| 1.4 | Further Assurances |
The parties to this Agreement will do, execute and deliver or will cause to be done, executed and delivered all such further acts, documents and things as may be reasonably required for the purpose of giving effect to this Agreement.
The Lender and the Borrower have executed and delivered this Agreement as of the date set out above.
EMERALD HEALTH SCIENCES INC.
| |
| By: |
/s/ Xxx Xxxxxxx |
| Authorized Signatory | |
| |
By: |
/s/ Xxxx Xxxxxxxxx |
| Authorized Signatory | |
