AMENDMENT TO NOTE CONVERSION AGREEMENT Dated: May 22, 2024Note Conversion Agreement • June 3rd, 2024 • NutriBand Inc. • Orthopedic, prosthetic & surgical appliances & supplies
In this amendment (the “Amendment”), undersigned holder (the “Holder”) and Nutriband Inc. (the “Corporation”), which are collectively referred to herein as the “Parties”, agree to amend the Note Conversion Agreement dated May 14, 2024 (the “Agreement”) between the Parties to provide for the modification of the securities to be issued in the conversion (the ”Conversion) of $300,000 of principal and accrued interest outstanding on that amount as of May 14, 2024, of the Credit Line Promissory Note of the Corporation held by Holder (the “Note”), into (1) 76,230 shares of common stock (“Common Stock”), par value $0.001 per share, of the Corporation (the “Shares”), at a price of $4.00 per Share (“Conversion Price”), which Shares have been issued, and (2) common stock purchase warrants, in the form attached as Exhibit A hereto, (the “Warrants”), exercisable at $6.43 per share and issued in conjunction with the issuance of the Shares at the rate of two Warrants, each to purchase one share of C
