KRONOS ADVANCED TECHNOLOGIES, INC. Belmont, Massachusetts 02478Funding Agreement • February 12th, 2009 • Kronos Advanced Technologies Inc • Industrial & commercial fans & blowers & air purifing equip • New York
Reference is made to the Funding Agreement dated June 19, 2007 (the “Funding Agreement”) among, inter alia, the undersigned (“Kronos”) and AirWorks Funding LLLP (“AirWorks” and the “Agent”), Hilltop Holding Company LP, by assignment from RS Properties I LLC (“Hilltop” and together with AirWorks, the “the Noteholders”), that certain Secured Convertible Promissory Note due June 19, 2010 made by Kronos in favor of AirWorks, that certain Secured Convertible Promissory Note due June 19, 2010 made by Kronos in favor of RS Properties I LLC and subsequently assigned to Hilltop (collectively, the “Notes”), and all of the instruments, agreements and other documents executed and/or delivered in connection therewith or otherwise evidencing, governing, or securing obligations of Kronos to the Noteholders (all of the foregoing, as the same now exist or may hereafter be amended, restated, renewed, extended, substituted, supplemented or otherwise modified, collectively, the “Agreements”).
