AMENDMENT NO. 4 TO SENIOR SECURED CONVERTIBLE REDEEMABLE DEBENTURE DATED DECEMBER 12, 2017
Exhibit
10.3
AMENDMENT NO. 4 TO
SENIOR SECURED CONVERTIBLE REDEEMABLE DEBENTURE
DATED DECEMBER 12, 2017
THIS
AMENDMENT NO. 4 TO SENIOR SECURED CONVERTIBLE REDEEMABLE DEBENTURE
DATED DECEMBER 12, 2017 (this “Amendment”) is made and entered
into as of December 9, 2020, by and between Xxxxxxx X. Xxxxxx (the
“Holder”), and
Know Labs, Inc., a Nevada corporation f/k/a Visualant, Incorporated
(the “Company”).
WHEREAS, the
Company is a party to that certain Senior Secured Convertible
Redeemable Debenture dated December 12, 2017, as amended by
Amendment No. 3 dated as of May 11, 2020 (as so amended, the
“Debenture”)
payable to Holder (capitalized terms used herein and not otherwise
defined shall have the meanings set forth in the
Debenture);
WHEREAS, the
Debenture currently has a Maturity Date of September 30, 2020;
and
WHEREAS, the Holder
and the Company wish to amend the Debenture to extend the Maturity
Date;
NOW,
THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereby
agree as follows.
1. Amendment of Maturity Date. The
Maturity Date of the Debenture is hereby amended to March 31,
2021.
2. No Other Changes. Except as
specifically set forth in this Amendment, the terms of the
Debenture remain in full force and effect.
IN
WITNESS WHEREOF, the parties hereto have executed this Amendment as
of the date first above written.
Company:
/s/ Xxxxxx X.
Xxxxxxxx
By:
Xxxxxx X. Xxxxxxxx
Its:
Chairman
Holder:
/s/ Xxxxxxx X.
Xxxxxx
Xxxxxxx X.
Xxxxxx
