IMAGEWARE SYSTEMS INC - FORM 10-Q - EX-10.2 - AMENDMENT NO. 6 TO CONVERTIBLE PROMISSORY NOTE - May 11, 2017

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EX-32.1 - CERTIFICATE PURSUANT TO SECTION 18 U.S.C. PURSUANT TO SECTION 906 OF THE SARBANE - IMAGEWARE SYSTEMS INCex32-1.htm
10-Q - QUARTERLY REPORT - IMAGEWARE SYSTEMS INCiwsy10q_03312017.htm
EX-31.2 - CERTIFICATION PURSUANT TO RULE 13A-14(A)/15D-14(A) CERTIFICATIONS SECTION 302 OF - IMAGEWARE SYSTEMS INCex31-2.htm
EX-31.1 - CERTIFICATION PURSUANT TO RULE 13A-14(A)/15D-14(A) CERTIFICATIONS SECTION 302 OF - IMAGEWARE SYSTEMS INCex31-1.htm
EX-10.1 - AMENDMENT NO. 2 TO CONVERTIBLE PROMISSORY NOTE - IMAGEWARE SYSTEMS INCex10-1.htm
 
Exhibit 10.2
 
AMENDMENT NO. 6
TO CONVERTIBLE PROMISSORY NOTE
 
This Amendment No. 6 to Convertible Promissory Note (the “Amendment”) is entered into as of May 10, 2017, by and between ImageWare Systems, Inc., a Delaware corporation (the “Company”), and Neal I. Goldman, or his registered assigns (“Holder”). Unless otherwise specified herein, all capitalized terms set forth in this Amendment shall have the meanings ascribed to them in the Note.
 
RECITALS
 
WHEREAS, On March 27, 2013, the Company issued to Holder a Convertible Promissory Note (the “Note”) in the principal amount of $2.5 million. The Note was amended pursuant to Amendment No. 1 to Convertible Promissory Note, dated March 12, 2014 (“Amendment No. 1”), Amendment No. 2 to Convertible Promissory Note, dated April 23, 2014 (“Amendment No. 2”), Amendment No. 3 to Convertible Promissory Note, dated December 8, 2014 (“Amendment No. 3”), Amendment No. 4 to Convertible Promissory Note, dated March 10, 2016 (“Amendment No. 4”), and Amendment No. 5 to Convertible Promissory Note, dated January 23, 2017 (“Amendment No. 5”) (together, the “Note Amendments”); and
 
WHEREAS, Holder and the Company now desire to amend the Note, as amended by the Note Amendments, to extend the Maturity Date, as defined in the Note
 
AGREEMENT
 
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned parties agree as follows:
 
1.            The Maturity Date, as such term is defined in the Note, as amended, shall be December 31, 2018.
 
2.           The provisions of the Note, as amended in this Amendment, shall remain in full force and effect in accordance with their terms and are hereby ratified and confirmed. In the event of any conflict between the terms and conditions of this Amendment and the terms and conditions set forth in the Note and the Note Amendments, the terms and conditions set forth herein shall control. This Amendment shall be governed by the laws of the State of California without regard to the conflict of laws provisions thereof.
 
IN WITNESS WHEREOF, each of the undersigned has caused this Amendment to be duly executed by its officers, thereunto duly authorized as of the date first above written.
 
 
 
 
 
 
 
 
THE COMPANY:
 
 
 
 
ImageWare Systems, INC.,
 
 
 
 
 
 
 
By:
/s/ Wayne Wetherell
 
Name:
Wayne Wetherell
 
Title:
CFO
 
 
 
 
HOLDER:
 
 
 
 
 
 
 
By:
/s/ Neal Goldman
 
Name:
Neal I. Goldman
 
 
 
 

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