LOCK-UP LETTER AGREEMENTLetter Agreement • January 13th, 2017 • Activecare, Inc. • Communications equipment, nec
December 21, 2016Activecare, Inc. • January 13th, 2017 • Communications equipment, nec
Re: Agreement to Convert – Promissory NoteActivecare, Inc. • January 13th, 2017 • Communications equipment, nec • Utah
You are being sent this letter as you are currently the holder of a promissory note dated March 24, 2016 (the "Note") issued by ActiveCare, Inc. (the "Company") pursuant to which you are owed remaining principal of $250,000.00 ("Principal Amount"), along with accrued interest of $15,616.44 through September 30, 2016 (the "Interest Amount"). The Principal Amount and Interest Amount, collectively, the "Note Obligation").
Re: Agreement to Convert – Promissory NoteActivecare, Inc. • January 13th, 2017 • Communications equipment, nec
You are being sent this letter as you are currently the holder of a promissory note dated March 24, 2016 (the "Note") issued by ActiveCare, Inc. (the "Company") pursuant to which you are owed remaining principal of $64,260.69 ("Principal Amount"), along with accrued interest of $37,552.59 through September 30, 2016 (the "Interest Amount"). The Principal Amount and Interest Amount, collectively, the "Note Obligation").
December 21, 2016Activecare, Inc. • January 13th, 2017 • Communications equipment, nec
December 21, 2016Activecare, Inc. • January 13th, 2017 • Communications equipment, nec
Re: Agreement to Convert – Account PayableActivecare, Inc. • January 13th, 2017 • Communications equipment, nec
As you may be aware, the Company is currently in the process of pursuing a public offering of its securities to raise up to $17,500,000 and list its securities onto the NASDAQ (the "Offering"). The Company has filed a registration statement on Form S-1 related to the Offering which is being led by Joseph Gunnar & Co (the "Underwriter"). The Company believes that attaining and maintaining the listing of our Common Stock on NASDAQ is in the best interests of our Company and its stockholders, because if listed on NASDAQ, the Company believes that the liquidity in the trading of its Common Stock could be significantly enhanced, which could result in an increase in the trading price and may encourage investor interest and improve the marketability of our Common Stock to a broader range of investors. The Company is therefore contacting you and other holders of debt and preferred stock, to request holders to convert their holdings into Common Stock.
December 21, 2016Activecare, Inc. • January 13th, 2017 • Communications equipment, nec
Re: Agreement to Convert – DebenturesLetter Agreement • January 13th, 2017 • Activecare, Inc. • Communications equipment, nec
Reference is made to that certain Securities Exchange Agreement, dated February 19, 2016 (the "Securities Exchange Agreement"), entered into by and among ActiveCare Inc. (the "Company") and the holders of the Company's Series F Convertible Preferred Stock (the "Series F Holders"); and those certain Convertible Debentures dated February 19, 2016 (each a "Debenture" and, together, the "Debentures") and Common Stock Purchase Warrants issued in connection therewith (the "Series F Warrants" and, together with the Securities Exchange Agreement and Debentures, the "Exchange Documents"). You are being sent this letter as you are currently the holder of a Debenture issued by the Company pursuant to which you are owed remaining principal of $______ ("Principal Amount"), along with accrued interest of $____ through October 31, 2016 (the "Interest Amount" and, together with the Principal Amount, the "Debenture Obligation"). As an incentive to the requested conversion as set forth below, the Compan
