50 of the Top 250 law firms use our Products every day
Exhibit
4.3
ADDENUM No. 1 TO THE CONVERTIBLE
PROMISSORY NOTE
The undersigned
parties hereby agreed to amend that certain Convertible Promissory
Note (the “Note”) issued by Home Savers Holding Corp.
as follows:
|
|
Section 3(a) of
the Note is amended and restated as follows:
|
(a) Conversion. Conversion
shall occur automatically upon the Company’s becoming a
Reporting Company (the “Conversion
Event”). Upon the Conversion Event, the entire
unpaid principal balance of this Note plus any unpaid interest will
automatically convert into Common Stock of the Company at a price
equal to the conversion price of $0.50 per
share. However, in the event that principal stock
holders are required to pledge their shares of the Reporting
Company, then the note will not convert until such time that the
pledge is released.
|
|
Section 1.1 of
the Warrant is amended and restated as follows:
|
1.1
General. This Warrant is exercisable at the
option of the holder of record hereof, at any time or from time to
time, up to the Expiration Date for all or any part of the shares
of Common Stock (but not for a frac
|