Generation Zero Group, Inc. - FORM 10-K - EX-10.26 - REVISION OF PAYMENT TERMS OF PROMISSORY NOTE WITH JEFFREY SISK - January 25, 2013

Attached files

file filename
10-K - Generation Zero Group, Inc.genzero10k123110.htm
EX-21 - SUBSIDIARIES - Generation Zero Group, Inc.ex21.htm
EX-31.1 - OFFICER CERTIFICATION - Generation Zero Group, Inc.ex31-1.htm
EX-10.30 - CONVERTIBLE PROMISSORY NOTE ? JOHN STRICKLAND AND KIMBERLY ANN GRIFFITH (AUGUST 15, 2012) - Generation Zero Group, Inc.ex10-30.htm
EX-10.28 - ASSIGNMENT OF MEMBERSHIP INTERESTS AGREEMENT WITH JEFFREY SISK (DECEMBER 31, 2011) - Generation Zero Group, Inc.ex10-28.htm
EX-10.16 - AMENDMENTS TO PROMISSORY NOTE $250,000 WITH GERALD MODESITT DATED APRIL 16, 2012 AND JUNE 15, 2012 - Generation Zero Group, Inc.ex10-16.htm
EX-10.31 - FIRST ADDENDUM TO FORBEARANCE AND NOTE AMENDMENT AGREEMENT - Generation Zero Group, Inc.ex10-31.htm
EX-10.27 - EMPLOYMENT AGREEMENT COMPENSATION WAIVER WITH JEFFREY SISK (EFFECTIVE APRIL 16, 2011) - Generation Zero Group, Inc.ex10-27.htm
EX-10.29 - PLEDGE AGREEMENT WITH JEFFREY SISK (DECEMBER 31, 2011) - Generation Zero Group, Inc.ex10-29.htm
EX-32.1 - OFFICER CERTIFICATION - Generation Zero Group, Inc.ex32-1.htm
EX-10.18 - AMENDMENTS TO PROMISSORY NOTE $50,000 WITH EQUITY TRUST COMPANY CUSTODIAN FBO LARRY GANTZ IRA 110591 DATED APRIL 16, 2012 AND JUNE 15, 2012 - Generation Zero Group, Inc.ex10-18.htm
Exhibit 10.26
 
 
 
 
Revision of Payment terms of Seller Promissory Note dated February 1, 2011:

Payment terms of the Promissory Note dated February 1, 2011 between MedicalWork, LLC, a Georgia limited liability company and Generation Zero Group, Inc., a Nevada Corporation (together the Borrowers) and Jeffrey E. Sisk, an individual resident of the state of Florida (the Holder) have been mutually amended to represent the following, effective February 1, 2011:

Principal payments will represent 100% of the net cash flow after payment of required payments under Jeffrey Sisk’s employment agreement, applied on a cash basis first to Principal until the Note is paid in full, and the balance, if any, as payment against the accrued Interest until paid in full.






/s/ Jeffrey E. Sisk                                             
Jeffrey E. Sisk
199 Daisy Street
Homosassa, FL 34446


 

/s/ Matthew D. Krieg                                          
Matthew D. Krieg, CEO
Generation Zero Group, Inc.



 
 
 

 
 
 
 
 

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