Face Up Entertainment Group, Inc. - FORM 8-K - EX-4.4 - FORM OF MODIFICATION AND EXTENSION AGREEMENT DATED JANUARY 14, 2012 - March 9, 2012

Attached files

file filename
EX-4.9 - FORM OF DEMAND PROMISSORY NOTE - Face Up Entertainment Group, Inc.gfgi_ex49.htm
EX-4.8 - THIRD AMENDMENT TO NOTE DATED AUGUST 17, 2011, DATED JANUARY 14, 2012 - Face Up Entertainment Group, Inc.gfgi_ex48.htm
EX-4.10 - DEMAND PROMISSORY NOTE, DATED JANUARY 18, 2012 ISSUED TO BSF II LLC - Face Up Entertainment Group, Inc.gfgi_ex410.htm
EX-4.11 - PROMISSORY NOTE, DATED FEBRUARY 27, 2012, ISSUED TO CORPORATE DEBT CONSULTANTS LLC - Face Up Entertainment Group, Inc.gfgi_ex411.htm
EX-10.14 - LETTER AGREEMENT, DATED FEBRUARY 27, 2012, BETWEEN THE COMPANY AND CORPORATE DEBT CONSULTANTS LLC - Face Up Entertainment Group, Inc.gfgi_ex1014.htm
EX-10.13 - AMENDMENT TO NOTE PURCHASE AGREEMENT, DATED FEBRUARY 27, 2012 BETWEEN THE COMPANY AND CORPORATE DEBT CONSULTANTS LLC - Face Up Entertainment Group, Inc.gfgi_ex1013.htm
8-K - FORM 8-K - Face Up Entertainment Group, Inc.gfgi_8k.htm
EX-4.3 - FORM OF MODIFICATION AND EXTENSION AGREEMENT DATED OCTOBER 22, 2011 - Face Up Entertainment Group, Inc.gfgi_ex43.htm
EX-4.5 - AMENDMENT TO NOTE DATED OCTOBER 31, 2011, DATED DECEMBER 14, 2011 - Face Up Entertainment Group, Inc.gfgi_ex45.htm
EX-4.7 - SECOND AMENDMENT TO NOTE DATED OCTOBER 31, 2011, DATED JANUARY 14, 2012 - Face Up Entertainment Group, Inc.gfgi_ex47.htm
EX-4.6 - SECOND AMENDMENT TO NOTE DATED AUGUST 17, 2011, DATED DECEMBER 14, 2011 - Face Up Entertainment Group, Inc.gfgi_ex46.htm
EX-10.15 - ADDENDUM TO NOTE PURCHASE AGREEMENT, DATED FEBRUARY 27, 2012, BETWEEN THE COMPANY AND CORPORATE DEBT CONSULTANTS LLC - Face Up Entertainment Group, Inc.gfgi_ex1015.htm
EX-10.12 - NOTE PURCHASE AGREEMENT, DATED FEBRUARY 27, 2012 BETWEEN THE COMPANY AND CORPORATE DEBT CONSULTANTS LLC - Face Up Entertainment Group, Inc.gfgi_ex1012.htm
Exhibit 4.4

FORM OF MODIFICATION AND EXTENSION AGREEMENT
 
THIS MODIFICATION AND EXTENSION AGREEMENT ('Agreement') is executed as of the 14th day of January, 2012, by and among ________ (‘Lender’) and Game Face Gaming, Inc., a Florida Corporation ('Company').
 
RECITALS
 
A. Game Face Gaming, Inc as Maker owes the sum of Fifty Thousand Dollars ($50,000)pursuant to that certain Promissory  Note dated February 22, 2011, a copy of which is attached hereto as Exhibit 'A' (hereinafter referred to as the 'Note').
 
B. Maturity Date. Unless this Note has been converted pursuant to the terms of this Note or unless earlier accelerated by the terms of this Note, the principal amount hereof, together with all unpaid accrued interest hereon and all other fees, costs and charges, if any, shall be due and payable on the date which is earlier: (i) eight (8) months from the original date of this Note (the "Maturity Date") or, (ii) upon the closing of any offering including the sale of securities or any debt or convertible offering from which the company shall have raised the gross amount of two million dollars ($2,000,000.00). No payments of principal or interest are required hereunder until the Maturity Date, except as otherwise provided herein.

C. The parties hereto are desirous of entering into this Extension Agreement.
 
AGREEMENT

NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, included but not limited to, the Recitals above, the parties hereto agree as follows:

1. Maturity Date Extension.

a. The Lender and Company agree that the maturity date of the Note ('Maturity' therein), is hereby extended from January 14, 2012 to April 15, 2012.
 
 
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b. The entire loan, principal, and accrued interest will become immediately due upon the closing of any offering including the sale of securities or any debt or convertible offering from which the company shall have raised the gross amount of Six Hundred Thousand Dollars  ($600,000).

2. All other provisions of the original Note remain in effect.


Game Face Gaming, Inc.
 
Name_____________________
 
Felix Elinson
 
Title: CEO
 
 
Agreed and Accepted:
 
By:_______________________
 
 
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Face Up Entertainment Group, Inc. Reports

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