FTAC ZEUS ACQUISITION CORP. - FORM S-1/A - EX-10.7 - AMENDMENT TO PROMISSORY NOTE, DATED JUNE 23, 2021 - July 1, 2021

Attached files

file filename
S-1/A - REGISTRATION STATEMENT - FTAC ZEUS ACQUISITION CORP.fs12021a1_ftaczeusacq.htm
EX-1.1 - FORM OF UNDERWRITING AGREEMENT - FTAC ZEUS ACQUISITION CORP.fs12021a1ex1-1_ftaczeus.htm
EX-3.1(D) - FORM OF AMENDED AND RESTATED CERTIFICATE OF INCORPORATION - FTAC ZEUS ACQUISITION CORP.fs12021a1ex3-1d_ftaczeus.htm
EX-3.2(B) - FORM OF AMENDED AND RESTATED BYLAWS - FTAC ZEUS ACQUISITION CORP.fs12021a1ex3-2b_ftaczeus.htm
EX-4.1 - SPECIMEN UNIT CERTIFICATE - FTAC ZEUS ACQUISITION CORP.fs12021a1ex4-1_ftaczeus.htm
EX-4.2 - SPECIMEN COMMON STOCK CERTIFICATE - FTAC ZEUS ACQUISITION CORP.fs12021a1ex4-2_ftaczeus.htm
EX-4.4 - FORM OF WARRANT AGREEMENT BETWEEN CONTINENTAL STOCK TRANSFER & TRUST COMPANY AND - FTAC ZEUS ACQUISITION CORP.fs12021a1ex4-4_ftaczeus.htm
EX-5.1 - OPINION OF LEDGEWOOD, PC - FTAC ZEUS ACQUISITION CORP.fs12021a1ex5-1_ftaczeus.htm
EX-10.1 - FORM OF INVESTMENT MANAGEMENT TRUST AGREEMENT BETWEEN CONTINENTAL STOCK TRANSFER - FTAC ZEUS ACQUISITION CORP.fs12021a1ex10-1_ftaczeus.htm
EX-10.2 - FORM OF REGISTRATION RIGHTS AGREEMENT AMONG THE REGISTRANT AND SECURITY HOLDERS - FTAC ZEUS ACQUISITION CORP.fs12021a1ex10-2_ftaczeus.htm
EX-10.3(A) - FORM OF PLACEMENT UNIT SUBSCRIPTION AGREEMENT WITH FTAC ZEUS SPONSOR, LLC - FTAC ZEUS ACQUISITION CORP.fs12021a1ex10-3a_ftaczeus.htm
EX-10.4 - FORM OF LETTER AGREEMENT BY AND BETWEEN THE REGISTRANT - FTAC ZEUS ACQUISITION CORP.fs12021a1ex10-4_ftaczeus.htm
EX-10.5 - FORM OF INDEMNITY AGREEMENT - FTAC ZEUS ACQUISITION CORP.fs12021a1ex10-5_ftaczeus.htm
EX-10.8 - FORM OF ADMINISTRATIVE SERVICES AGREEMENT - FTAC ZEUS ACQUISITION CORP.fs12021a1ex10-8_ftaczeus.htm
EX-10.9 - ENGAGEMENT LETTER - FTAC ZEUS ACQUISITION CORP.fs12021a1ex10-9_ftaczeus.htm
EX-14.1 - CODE OF BUSINESS CONDUCT AND ETHICS - FTAC ZEUS ACQUISITION CORP.fs12021a1ex14-1_ftaczeus.htm
EX-23.1 - CONSENT OF WITHUMSMITH+BROWN, PC - FTAC ZEUS ACQUISITION CORP.fs12021a1ex23-1_ftaczeus.htm
EX-99.1 - FORM OF AUDIT COMMITTEE CHARTER - FTAC ZEUS ACQUISITION CORP.fs12021a1ex99-1_ftaczeus.htm
EX-99.2 - FORM OF COMPENSATION COMMITTEE CHARTER - FTAC ZEUS ACQUISITION CORP.fs12021a1ex99-2_ftaczeus.htm

Exhibit 10.7

 

FIRST AMENDMENT TO PROMISSORY NOTE

 

THIS FIRST AMENDMENT TO PROMISSORY NOTE (the “Amendment”) is dated as of the 23rd day of June, 2021 and is made by and between FTAC Zeus Acquisition Corp. (the “Maker”) and FTAC Zeus Sponsor, LLC (the “Payee”).

 

RECITALS

 

A.Maker executed that certain Promissory Note dated February 12, 2021 in the principal sum of up to Three Hundred Thousand dollars ($300,000) (the “Note”).

 

B.The Note is scheduled to mature on June 30, 2021.

 

C.Maker and Payee have agreed to make certain amendments to the Note.

 

D.Unless otherwise set forth herein, all other provisions of the Note shall remain in full force and effect.

 

E.All capitalized terms not defined in this Amendment will have the meanings given to them in the Note.

 

In consideration of these promises, the mutual covenants contained in this Amendment and other good and valuable consideration, the receipt and sufficiency of which are acknowledged, the parties agree as follows:

 

1. Section 1 of the Note is hereby amended and restated in its entirety to read as follows:

 

“Principal. The principal balance of this Note shall be repayable on the earlier of: (a) the date on which Maker consummates its initial public offering (“IPO”) and (b) September 30, 2021 (such earlier date, the “Maturity Date”).”

 

 

[SIGNATURES APPEAR ON FOLLOWING PAGE]

 

 

 

 

IN WITNESS WHEREOF, the parties have caused this Amendment to be duly executed as of the date first above written.

 

  MAKER:
     
  FTAC ZEUS ACQUISITION CORP.
     
  By:  
  Name: Joseph Pooler, Jr.
  Title: Chief Financial Officer
     
   
  PAYEE:
   
  FTAC ZEUS SPONSOR, LLC
     
  By:  
  Name: Ryan Gilbert
  Title: Sole Member

 

 

Signature page to First Amendment to Promissory Note