DEBT REPLACEMENTAGREEMENTDebt Replacement Agreement • June 10th, 2022 • PASSUR Aerospace, Inc. • Search, detection, navagation, guidance, aeronautical sys • New York
This Debt Replacement Agreement (this “Agreement”) is made and entered into as of this 30th day of April 2022, by and between G. S. Beckwith Gilbert, of 35 Vista Drive, Greenwich, CT 06830 (“Lender”), and PASSUR Aerospace, Inc. (formerly MEGADATA CORPORATION), a New York corporation, with a principal place of business at 3452 Lake Lynda Drive, Suite 190, Orlando FL, 32817 (“Borrower” or “PASSUR Aerospace”):
