AMENDED AND RESTATED 12% SECURED CONVERTIBLE PROMISSORY NOTE DUE JUNE 1, 2017Convertible Security Agreement • April 19th, 2017 • Function(x) Inc. • Services-computer programming, data processing, etc. • New York
FOR VALUE RECEIVED, Function(x) Inc., a Delaware corporation, (the “Company”) promises to pay to Barry Honig, as Collateral Agent (the “Holder”), pursuant to the terms of that certain senior secured credit agreement by and between Rant, Inc. (“Rant”), and the holders of the Rant 8% senior secured convertible promissory notes (the “Rant Notes”) as the registered successor in interest to Rant pursuant to that certain Surrender Agreement dated as of August 12, 2016 by and between Rant and Collateral Agent (the “Surrender”), the principal sum of $3,284,000 plus shares of Series F Convertible Preferred Stock as calculated in accordance with the terms hereof on June 1, 2017 (the "Maturity Date") or such earlier date as this Note is required or permitted to be repaid as provided hereunder, and to pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note in accordance with the provisions hereof. This Note is subject to the following additional p
EXCHANGE AGREEMENTExchange Agreement • April 19th, 2017 • Function(x) Inc. • Services-computer programming, data processing, etc. • New York
THIS EXCHANGE AGREEMENT (the “Agreement”), dated as of April 18, 2017, is made by and between Function (X), Inc., a Delaware corporation (“Company”), and the holder of the Note (as defined herein) signatory hereto (the “Holder”).
