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EX-99.1 - AMENDMENT TO FORBEARANCE AGREEMENT DATED AS OF JANUARY 19, 2016 BETWEEN MPHASE TECHNOLOGIES, INC. AND JOHN FIFE. - MPHASE TECHNOLOGIES, INC.f8k012716ex99i_mphasetech.htm

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): January 27, 2016

 

mPHASE TECHNOLOGIES, INC.
(Exact Name of Registrant as Specified in Charter)

 

New Jersey   000-24969   22-2287503
(State or Other Jurisdiction of   (Commission File Number)   (IRS Employer
Identification No.)       Incorporation)

 

777 Passaic Avenue, Clifton, New Jersey 07012

(Address of Principal Executive Offices) (ZIP Code)

 

Registrant's telephone number, including area code: (973) 256-3737

  

 

 

 

 

 

Item 1.01 Entry into Material Definitive Agreement

 

On January 27, 2016 mPhase Technologies, Inc. (the “Company”) entered into a second modification to its Forbearance Agreement dated as of February 15, 2015 with John Fife amending its monthly payment schedule set forth in the original Forbearance Agreement.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  mPHASE TECHNOLOGIES
     
  By:    /s/ Martin S. Smiley
    Martin S. Smiley
    Executive Vice President,
    Chief Financial Officer and
    General Counsel


 

Exhibit 99.1: Amendment to Forbearance Agreement dated as of January 19, 2016 between mPhase Technologies, Inc. and John Fife.

 

Date: January 28, 2016

 

 

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