SKY PETROLEUM, INC. Attn: Karim Jobanputra, Chief Executive Officer8% Convertible Promissory Note • January 8th, 2014 • Sky Petroleum, Inc. • Oil & gas field exploration services
This letter documents our agreement to extend the maturity date of the 8% Convertible Promissory Note, due January 8, 2014, in the principal amount of US$150,000 (the “Original Note”), issued pursuant to the Note Purchase Agreement dated January 8, 2013, between Sky Petroleum, Inc. (the “Company”) and Mark Rachovides, to May 8, 2014. Pursuant to this letter agreement, the Company will issue to you an Amended and Restated 8% Convertible Promissory Note, due May 8, 2014, which shall amend, supercede and replace in its entirety that certain 8% Convertible Promissory Note, due January 8, 2014. The Original Note issued to you shall be null and void, and you agree to return the Original Note to the Company for cancellation.
