Agreement
EXHIBIT 10.1
Agreement
Effective Date: February 3rd, 2015
This Agreement is made by and between, Cachet Financial Solutions, Inc., a Delaware corporation (“Company”), and Xxxxxxx Xxxxxx (“Investor”) (collectively “Parties”) as of this 3rd day of February, 2015 (the “Agreement”); and
NOW THEREFORE, for valuable consideration, the adequacy and receipt of which are hereby acknowledged, the parties agree as follows:
· Xxxxxxx Xxxxxx agrees to convert $250,000 of the money loaned to Company under the Letter into equity in the Company in conjunction with Company’s current Series B Convertible Preferred Stock Offering.
This Agreement supersedes and replaces any other agreements relating to the subject matter hereof.
IN WITNESS WHEREOF, each of the Parties has caused this Agreement to be executed as of the Effective Date written above.
Xxxxxxx Xxxxxx |
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By: |
/s/ Xxxxxxx Xxxxxx |
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By: |
/s/ Xxxxxxx X. Xxxx | |
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Xxxxxxx X. Xxxx | |
Print Name: Xxxxxxx Xxxxxx |
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Chief Executive Officer | ||