LOAN EXTENSION AGREEMENT by GLOBALWISE INVESTMENTS INC
Company: GLOBALWISE INVESTMENTS INC
SEC CIK: 1081745
SEC Type: EX-10.10
SIC Code: 6770
SIC Industry: BLANK CHECKS
Date Filed: 2012-02-13
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Exhibit 10.10
LOAN EXTENSION AGREEMENT
Account Number 10202200978
This Loan Extension Agreement (hereinafter referred to as “Agreement”) made and entered into this 1st day of April, 2005, by and between Intellinetics Inc. (collectively referred to as “Borrower”), and The Delaware County Bank and Trust Company, 110 Riverbend Avenue, Lewis Center, Ohio 43035 (hereinafter referred to as “Lender”).
WHEREAS, the Borrower executed and delivered to the Lender a certain Promissory Note dated March 24, 2004, for the principal sum of $201,024.00; that Matured on April 1, 2005, and
WHEREAS, the parties hereto desire to modify the original Note to extend the maturity date on said Note:
NOW THEREFORE, for valuable consideration, the receipt of which is hereby acknowledged the parties hereto agree as follows:
1. The maturity date on said Note shall be April 15, 2006.
All other terms and conditions in the original Note shall remain in full force and effect and the parties hereto agree that the only purpose of
