AMENDED AND RESTATED PROMISSORY NOTE DUE 2022Convertible Note • February 18th, 2020 • Ipsidy Inc. • Services-prepackaged software • New York
THIS NOTE is issued by Ipsidy Inc., a Delaware corporation, (the “Company”), having its principal place of business at 670 Long Beach Boulevard, Long Beach, New York 11561 (the “Note”).
Re: Ipsidy Inc. (the “Company”) 8% Convertible Note Due 2021 Dated December 2019 (the “Note”)8% Convertible Note • February 18th, 2020 • Ipsidy Inc. • Services-prepackaged software
We refer to (i) that certain Securities Purchase Agreement dated December 13, 2019 between you (the “Holder”) and the Company (the “Agreement”) and (ii) that certain 8% Convertible Note dated December 13, 2019 in the principal amount of $100,000 issued to the Holder by the Company (the “Note”).
SECURITY AGREEMENTSecurity Agreement • February 18th, 2020 • Ipsidy Inc. • Services-prepackaged software • New York
SECURITY AGREEMENT (this “Agreement”), dated as of February 14, 2020 (this “Agreement”) between Ipsidy Inc., a Delaware corporation (the “Company”), FIN Holdings, Inc. (“FIN”) and ID Solutions, Inc. (“IDS”) (FIN and IDS collectively referred to herein as the “Subsidiaries” and the Company and the Subsidiaries collectively referred to herein as the “Group”) and Theodore Stern and Stephen Garchik (in such capacity, the “Collateral Agent”) for the holder(s) of the Notes (as defined below) listed on Schedule A hereto, as it may be updated from time to time (collectively, the “Holders”).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • February 18th, 2020 • Ipsidy Inc. • Services-prepackaged software • New York
This Securities Purchase Agreement (the “Agreement”) is entered into by and between Ipsidy Inc., a Delaware corporation (the “Company”), and the undersigned purchaser or purchasers (the “Purchaser”, and collectively with other purchasers similarly situated, the “Purchasers”) as of the latest date set forth on the signature page hereto.
DUE 2022Convertible Note Agreement • February 18th, 2020 • Ipsidy Inc. • Services-prepackaged software • New York
THIS 15.0% CONVERTIBLE NOTE is one of a series of duly authorized and validly issued 15.0% Convertible Notes of Ipsidy Inc., a Delaware corporation, (the “Company”), having its principal place of business at 670 Long Beach Boulevard, Long Beach, New York 11561, designated as its 15.0% Convertible Note due 2022 (this note, the “Note” and, collectively with the other Notes of such series, the “Notes”).
