AMENDMENT TO NEXT GROUP HOLDINGS, INC. CONVERTIBLE NOTE REDEMPTION AND LOCK-UP AGREEMENTConvertible Note Redemption Agreement • October 11th, 2017 • Next Group Holdings, Inc. • Wholesale-groceries & related products • New York
THIS AMENDMENT #3 TO THE CONVERTIBLE NOTE REDEMPTION AGREEMENT (“Agreement”) originally entered into as of March 23, 2017 (the “Original Agreement”) is made as of September 18, 2017, (the “Effective Date”) by and between Next Group Holdings, Inc., a Florida corporation (the “Company”) and Quarum Holdings LLC, a New York Limited Liability Company (“Creditor”).
CONVERTIBLE NOTE REDEMPTION AND ADJUSTMENT AGREEMENTConvertible Note Redemption and Adjustment Agreement • October 11th, 2017 • Next Group Holdings, Inc. • Wholesale-groceries & related products • New York
THIS CONVERTIBLE NOTE REDEMPTION AGREEMENT (“Agreement”) is made as of October 9, 2017, (the “Effective Date”) by and between Next Group Holdings, Inc., a Florida corporation (the “Company”) Cerberus Finance Group, Ltd (“Creditor”) and LimeCom, Inc. (“LimeCom”).
NEXT GROUP HOLDINGS INC.Next Group Holdings, Inc. • October 11th, 2017 • Wholesale-groceries & related products
The within is to confirm our understanding and agreement as of October 9, 2017, that LimeCom, Inc. (“LimeCom”) agrees to lend to Next Group Holdings Inc. (“NXGH”) the aggregate sum of $440,000 (Four Hundred and Forty Thousand and 00/xx Dollars) consisting of the sum of $55,000 (Fifty Five Thousand and 00/xx Dollars) per month consisting of ($44,000 and $11,000) for eight (8) consecutive months, which sums will be exclusively used for the repayment of convertible notes to LG Capital Funding LLC (“LG Capital”) and Cerberus Finance Group, Ltd. (“Cerberus”) as set forth in the agreement dated October 9, 2017 by and between NXGH and LG Capital and Cerberus. As you are further aware, LimeCom’s consent was endorsed on each of the separate agreements with LG Capital and Cerberus, and the within is to confirm and ratify each of the consents referred to herein.
CONVERTIBLE NOTE REDEMPTION AND ADJUSTMENT AGREEMENTConvertible Note Redemption and Adjustment Agreement • October 11th, 2017 • Next Group Holdings, Inc. • Wholesale-groceries & related products • New York
THIS CONVERTIBLE NOTE REDEMPTION AGREEMENT (“Agreement”) is made as of October 9, 2017, (the “Effective Date”) by and between Next Group Holdings, Inc., a Florida corporation (the “Company”) LG Capital Funding LLC, a New York Limited Liability Company (“Creditor”) and LimeCom, Inc (“LimeCom”).
