0001553350-17-000764 Sample Contracts

Re: Agreement to Convert Promissory Note
Duos Technologies Group, Inc. • June 15th, 2017 • Services-prepackaged software • Florida

You are being sent this letter as you are currently the holder of a promissory note dated _____, _____ (the “Note”), issued by Duos Technologies Group, Inc., a Florida corporation (the “Company”), pursuant to which you are owed remaining principal and accrued interest in the amount of ______ through June 30, 2017 (the “Note Obligation”).

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Re: Agreement to Convert Deferred Compensation
Duos Technologies Group, Inc. • June 15th, 2017 • Services-prepackaged software

You are being sent this letter as you are currently owed deferred compensation under your employment agreement with Duos Technologies Group, Inc., a Florida corporation (the “Company”), in the amount of $700,543 through June 30, 2017 (the “Debt Obligation”).

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