Thomas Buccellato Senior Managing Director GE Licensing General Electric Company 901 N. Main Ave Norwalk, CT 06851 USA [*] T: [*]Letter Agreement • April 17th, 2024 • SKYX Platforms Corp. • Electric lighting & wiring equipment
This letter (this “Amendment”) serves to amend the letter agreement with the subject “Repayment Plan Under Trademark License Agreement between SQL Lighting & Fans, LLC and GE Trademark Licensing, Inc.” dated November 28, 2023 (the “Letter Agreement”), between GE Trademark Licensing, Inc. (“GE”), SKYX Platforms Corp. (“SKYX”), and SQL Lighting & Fans, LLC (“SQL”), to reflect additional discussions and mutual agreements reached by the parties. Capitalized terms used but not defined herein shall have the meanings given to them in the Letter Agreement.
SKYX PLATFORMS CORP. CONVERTIBLE PROMISSORY NOTEConvertible Security Agreement • April 17th, 2024 • SKYX Platforms Corp. • Electric lighting & wiring equipment • Florida
FOR VALUE RECEIVED, SKYX PLATFORMS CORP. (the “Company”), a Florida corporation, hereby promises to pay to the order of GE TRADEMARK LICENSING, INC., or its permitted assigns (“Holder”), of this Convertible Promissory Note (the “Note”), in lawful money of the United States, the principal amount of One Million Dollars (USD $1,000,000) (the “Principal Amount”). Capitalized terms used, but not otherwise defined, in this Note have the meanings ascribed to them in the letter agreement, dated as of November 28, 2023 (the “Letter Agreement”), between the Holder and SQL Lighting & Fans, LLC, as amended, modified or supplemented from time to time in accordance with its terms.
