LETTER AGREEMENTLetter Agreement • December 21st, 2016 • PARETEUM Corp • Services-computer integrated systems design • New York
This Letter Agreement (the “Agreement”) is entered into by and between Pareteum Corporation, (formerly Elephant Talk Communications Corp.), a Delaware corporation (the “Company”) and the undersigned holder of previously issued Company securities. The purpose of this Agreement is to amend the terms of (i) that certain 9% Unsecured Subordinated Convertible Promissory Note (the “Note”), dated December 18, 2015, issued by the Company to the undersigned holder (the “Holder”) of the Note and (ii) that certain Common Stock Warrant (the “Warrant”) issued by the Company on December 18, 2015 to the Holder. Capitalized terms used herein but not otherwise defined shall have the meaning as set forth in the Note and Warrant.
