SENIOR SECURED CONVERTIBLE NOTE AMENDMENTSenior Secured Convertible Note Amendment • March 17th, 2023 • Trio Petroleum Corp. • Crude petroleum & natural gas
THIS SENIOR SECURED CONVERTIBLE NOTE AMENDMENT (this “Agreement”), dated as of March 15, 2023, is entered by and among Trio Petroleum Corp., a Delaware corporation (the “Company”), and the parties identified as “Investors” on the signature pages hereto (collectively with the Company, the “Parties”).
March 15, 2023Purchase and Sale Agreement • March 17th, 2023 • Trio Petroleum Corp. • Crude petroleum & natural gas
Reference is made to that certain Purchase and Sale Agreement entered into by and between Trio Petroleum LLC (“Seller”) and Trio Petroleum Corp (“Buyer”), dated as of September 14, 2021, as amended as amended to date (the “PSA”). Capitalized terms used but not otherwise defined in this letter have the respective meanings ascribed to them in the PSA. The Seller and Buyer hereby agree that the “Third Installment Date” shall be extended to May 1, 2023. Except as expressly modified herein, the PSA is confirmed and will continue to be and remain in full force and effect in accordance with its terms. Any existing or future reference to the PSA and any document or instrument delivered in connection with the PSA will be deemed to be a reference to the PSA as modified by this letter.
10% ORIGINAL ISSUE DISCOUNT SENIOR NOTE AMENDMENT10% Original Issue Discount Senior Note Amendment • March 17th, 2023 • Trio Petroleum Corp. • Crude petroleum & natural gas
THIS 10% ORIGINAL ISSUE DISCOUNT SENIOR NOTE AMENDMENT (this “Agreement”), dated as of March 15, 2023, is entered by and among Trio Petroleum Corp., a Delaware corporation (the “Company”), and the parties identified as “Investors” on the signature pages hereto (collectively with the Company, the “Parties”).
