Attached files

file filename
10-K - Rocky Mountain High Brands, Inc.rmhb10k.htm
EX-32.1 - Rocky Mountain High Brands, Inc.ex32_1.htm
EX-31.2 - Rocky Mountain High Brands, Inc.ex31_2.htm
EX-31.1 - Rocky Mountain High Brands, Inc.ex31_1.htm
EX-10.48 - Rocky Mountain High Brands, Inc.ex10_48.htm
EX-10.46 - Rocky Mountain High Brands, Inc.ex10_46.htm
EX-10.45 - Rocky Mountain High Brands, Inc.ex10_45.htm
EX-10.44 - Rocky Mountain High Brands, Inc.ex10_44.htm
EX-10.43 - Rocky Mountain High Brands, Inc.ex10_43.htm
EX-10.42 - Rocky Mountain High Brands, Inc.ex10_42.htm
EX-10.41 - Rocky Mountain High Brands, Inc.ex10_41.htm
EX-10.40 - Rocky Mountain High Brands, Inc.ex10_40.htm
EX-10.39 - Rocky Mountain High Brands, Inc.ex10_39.htm
EX-10.38 - Rocky Mountain High Brands, Inc.ex10_38.htm
EX-10.37 - Rocky Mountain High Brands, Inc.ex10_37.htm
EX-10.36 - Rocky Mountain High Brands, Inc.ex10_36.htm
EX-10.35 - Rocky Mountain High Brands, Inc.ex10_35.htm
EX-10.34 - Rocky Mountain High Brands, Inc.ex10_34.htm
EX-10.33 - Rocky Mountain High Brands, Inc.ex10_33.htm

AMENDMENT TO SECURED PROMISSORY NOTES

 

This Amendment to those certain Secured Promissory Notes listed below (this "Amendment") is effective as of as of November 27, 2019, and is entered into by and between Rocky Mountain High Brands, Inc., a Nevada corporation (hereinafter called the "Company"), and GHS Investments, LLC, a Nevada limited liability company (the "Holder").

 

WITNESSETH:

 

WHEREAS, the Company has issued the Holder the following Secured Convertible Promissory Notes (collectively, the "Notes"):

 

Issue Date Original Face Amount Due Date
July 24, 2018 $157,500 Apr 24, 2019
August 13, 2018 $157,500 May 13, 2019
August 30, 2018 $105,000 May 30, 2019
November 2, 2017 $250,000 November 2, 2018
September 14, 2018 $131,500 Jun 14, 2019
September 28, 2018 $55,000 Jun 28, 2019
October 12, 2018 $52,500 Jul 12,2019

 

; and

 

On May 6, 2019 the Due Dates on the Notes were extended as follows:

 

Issue Date Original Face Amount Extended Due Date
July 24, 2018 $157,500 December 1, 2019
August 13, 2018 $157,500 January I, 2020
August 30, 2018 $105,000 February 1, 2020
November 2, 2017 $250,000 February 1, 2020
September 14, 2018 $131,500 March 1, 2020
September 28, 2018 $55,000 March 1, 2020
October 12, 2018 $52,500 April 1, 2020

 

 

WHEREAS , the Parties desire to amend Maturity Date of the above referenced Secured Promissory Note in the original face amount of $157,500, original issue date of July 24, 2018 and extended due date of December 1, 2019 ("Extended Note"), and only that Note;

NOW, THEREFORE, in consideration of the foregoing and of the promises, agreements, representations, warranties, and covenants herein contained, the Company and the Holder hereby agree as follows:

1.                  The Maturity Date of the Extended Note is hereby extended to July 24, 2020. Additionally, Article I of the Extended Note, Conversion Rights, at l.1(b), the Conversion Price shall be amended to be $0.03 per share.

  
 

2.                  As additional consideration for the above extension, the Company shall execute and deliver to Holder contemporaneously herewith a Secured Promissory Note in the amount of $31,000, payable on or before September 1, 2020.

 

3.                  All other terms and conditions under the Notes not otherwise amended, modified or affected by this Amendment or the May 6, 2019 Amendment shall continue to be in effect and bind the Company and the Holder. Furthermore, all other terms contained in the May 6, 2019 Amendment, including but not limited to the amendment of Conversion Price, the Notes or this Amendment, may only be modified with prior written agreement from both the Holder and the Company.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed effective as of November 27, 2019.

 

GHS Investments, LLC

 

 

By: /s/ Mark Grober

Mark Grober, Member

 

 

Rocky Mountain High Brands, Inc.

 

By: /s/ Michael R. Welch

Michael R. Welch, President & CEO

 

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