Exhibit 10.1
 
AMENDMENT NO. 1
 
TO
 
REGISTRATION RIGHTS AGREEMENT
 
This AMENDMENT NO. 1 to REGISTRATION RIGHTS AGREEMENT (this “Amendment”) is made
as of December 11, 2017, by and between (i) CorMedix Inc., a Delaware
corporation (the “Company”), and (ii) Elliott International, L.P. and Elliott
Associates, L.P. (collectively, “Buyer”).
 
WHEREAS, in connection with the entry into the Purchase Agreement, the Company
and Buyer concurrently entered into that certain Registration Rights Agreement,
dated as of November 9, 2017 (the “Agreement”), pursuant to which the Company
agreed to provide Buyer with certain demand and piggyback registration rights
with regard to the Registrable Securities;
 
WHEREAS, the Company and Buyer wish to amend the definition of “Effectiveness
Deadline” in the Agreement;
 
WHEREAS, pursuant to Section 10(a) of the Agreement, the Agreement may only be
amended by an agreement in writing executed by the Company and the Holders of a
majority of the Registrable Securities issued and outstanding; and
 
WHEREAS, Buyer is the holder of all of the issued and outstanding Registrable
Securities.
 
NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, the Company and Buyer hereby agree as follows:
 
1.
Capitalized terms used herein and not defined shall have the meanings set forth
in the Agreement.
 
2.
As of the date of this Amendment, the defined term “Effectiveness Deadline” set
forth in Section 1 of the Agreement be and hereby is replaced and amended in its
entirety as follows:
 
 
“Effectiveness Deadline” means the date that is ninety (90) calendar days after
the date on which the Company receives a Demand Notice as contemplated by
Section 2 hereof.”
 
 
3.
Except as expressly set forth in this Amendment, the Agreement remains in full
force and effect in accordance with its terms and nothing contained herein shall
be deemed to be a waiver, amendment, modification or other change of any term,
condition or provision of the Agreement. From and after the date hereof, all
references in the Agreement and any other documents to the Agreement shall be
deemed to be references to the Agreement after giving effect to this Amendment.
In the event of any conflict between the terms of this Amendment and any other
terms in the Agreement, the terms of this Amendment shall govern.
 
4.
Section 10 of the Agreement shall apply hereto mutatis mutandis.
 
[Signature Page Follows]
 
 

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by the duly authorized representatives thereof as of the date first set forth
above.
 
 
CORMEDIX INC.
 
By: /s/ Khoso Baluch                                           

 
Name: Khoso Baluch
Title: Chief Executive Officer
 
 
ELLIOTT INTERNATIONAL, L.P.
 
By: Elliott International Capital Advisors Inc.,
as attorney-in-fact
 
By: /s/ Elliot Greenberg                                        

 
Name: Elliot Greenberg

Title: Vice President

 
 
ELLIOTT ASSOCIATES, L.P.
 
By: Elliott Capital Advisors, L.P., General Partner
 
By: Braxton Associates, Inc., General Partner
 
By: /s/ Elliot Greenberg                                        

 
Name: Elliot Greenberg

Title: Vice President
 
 
 
 
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