EXHIBIT 10.15
 
June 8, 2016
 
Paul Mobley
 
Re:           NOBLE ROMAN’S, INC., an Indiana corporation
Dear Paul:
You have made one or more loans (the “Loans”) to the foregoing entity and/or its
affiliates (the “Borrower”).
Super G Funding, LLC (“Super G”) plans to lend funds (the “Super G Financing”)
to the Borrower and requires your consent on this letter below.
By your signature below, you agree:
(1)           that the Loans are subordinated to the Super G Financing. So long
as the Borrower is not in default under the Super G Financing, the Borrower may
make periodic interest payments (but no payments of principal) to you on the
Loans. If the Borrower is in default under the Super G Financing, the Borrower
may not make any payment to you on the Loans, and you cannot take any action to
collect the Loans. If you do receive payments in violation of this Section (1),
you must forward them to Super G.
(2)           that the Loans are not secured by any security interest in
property of the Borrower. If the Loans become secured, that security interest is
subordinate to the security interest the Borrower has given to Super G.
(3)           that, so long as the Super G Financing is outstanding, you will
not make demand for payment on the Loans.
(4)           to extend the maturity date of the Loans to June 10, 2018.
(5)           that this letter binds you and your assigns and successors and is
enforceable in a bankruptcy proceeding involving Borrower.
Please sign a copy of this letter below and return it to me. Thank you.
NOBLE ROMAN’S, INC.
 
By:_______________________
Name: Paul Mobley
Title: Executive Chairman & CFO
 
CONSENTED AND AGREED TO BY LENDER:
 
__________________________
Name: Paul Mobley
Address: Indianapolis, Indiana