AMENDMENT TO STIPULATION OF SETTLEMENT AGREEMENT


 


This
Amendment To Settlement Agreement (“Amendment”) as of April 10, 2019 (“Effective Date”),
is entered into by and among Libertas Funding LLC located at 382 Greenwich Ave, Suite 2, Greenwich, CT 06830, and Kinetic
Direct Funders located at 382 Greenwich Ave, Suite 2, Greenwich, CT 06830 (hereinafter “Funders”) and the following
specific Merchants (hereinafter “Merchants”):


 


	 	a.	re:
    Judgement by Confession, Index No. 18814598, for the amount of $1,008,566.74


 


Naveen
Doki


4902
Finchen Cr


Manassas,
VA 20109


 


US
IT Solutions, Inc


3031
Tisch Way


110
Plaza West, Ste 1098

San Jose, CA 95128


 


360
IT Professionals Inc.


5201
Great America Pkw, Ste 256

Santa Clara. CA 95054


 


	 	b.	re:
    Judgement by Confession, Index No. 18814435, for the amount of $579,259.30


 


Naveen
Doki 


4902
Finchen Cr, Manassas, VA 20109


 


The
Maslow Media Group, Inc.

US IT Solutions, Inc.


360
IT Professionals

Alliance Micro, Inc.


all
located at: 22 Baltimore Rd, Rockville, MD 20850


 


	 	c.	re:
    Judgement by Confession, Index No. 18814438, for the amount of $229,320.26


 


Silvija
Valleru


6206
Colchester Rd, Fairfax, VA 22030


 


Alliance
Micro Inc. Vivos IT, LLC


Vivos
Global Services, LLC

Vivos Holdings, LLC


Vivos
Acquisitions, LLC

Maslow Media Group, Inc.


all
located at: 22 Baltimore Rd, Rockville, MD 20850


 




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	 	d.	re:
    Judgement by Confession, Index No. 18814597, for the amount of $229,320.26


 


Naveen
Doki


4902
Finchen Cr, Manassas, VA 20109


 


Alliance
Micro Inc. 

Vivos IT, LLC


Vivos
Global Services, LLC 

Vivos Holdings, LLC


Vivos
Acquisitions, LLC 

Maslow Media Group, Inc.


all
located at: 22 Baltimore Rd, Rockville, MD 20850


 


WHEREAS,
Funders and Merchants previously entered into a Settlement Agreement dated 10/25/2018 (“Settlement Agreement”) regarding
the above Judgments,


 


WHEREAS,
Merchants failed to perform its obligations and breached the Settlement Agreement,


 


WHEREAS,
as a result of the breach, Merchants are now in Default and subject to the Default provisions of the Settlement Agreement,


 


NOW
THEREFORE, in consideration of the mutual covenants contained herein, and for good and valuable consideration, the receipt
and sufficiency of which is hereby acknowledged, the parties to this Amendment (collectively, the “Parties” and each
individually, a “Party”) agree as follows:


 


		1.	This
                                         Amendment shall be only to the said Settlement Agreement and shall supersede and amend
                                         only the specific payments and dates thereof obligated.
	 	 	 
		2.	Parties
                                         agree that, subject to Merchants making all the revised payments below, in the manner
                                         articulated in the Settlement Agreement, Merchants will no longer be in Default, and
                                         Parties will remain bound by the other terms of the Settlement Agreement.



 




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		3.	The
                                         following $625,000 shall be paid by Merchants to Funders, by partial payment as detailed
                                         below (“Amended Future Payment Schedule”), which does not include or reflect
                                         payments already made under the Settlement Agreement:



 


	April 15, 2019	 	$	40,000	 
	May 15, 2019	 	$	40,000	 
	June 15, 2019	 	$	40,000	 
	July 15, 2019	 	$	40,000	 
	August 15, 2019	 	$	40,000	 
	September 15, 2019	 	$	40,000	 
	October 15, 2019	 	$	40,000	 
	November 15, 2019	 	$	40,000	 
	December 15, 2019	 	$	40,000	 
	January 15, 2020	 	$	40,000	 
	February 15, 2020	 	$	40,000	 
	March 15, 2020	 	$	40,000	 
	April 15, 2020	 	$	40,000	 
	May 15, 2020	 	$	40,000	 
	June 15, 2020	 	$	40,000	 
	July 15, 2020	 	$	25,000	 



 


		4.	This
                                         offer is only valid if executed by 5PM EST on 5/17/2019.



 


Dated:
5/16/2019


 


	FOR
    MERCHANTS:	 	FOR
    FUNDERS:
	 	 	 	 	 
	BY:		 	BY:	 
	 	360
    IT Solutions Inc/ US IT Solutions, Inc/ 	 	 	David
    Epstein, Esq.
	 	Alliance
    Micro, Inc./ Vivos IT, LLC/	 	 	THE
    FASKOWITZ LAW FIRM, PLLC
	 	Vivos Global
    Services, LLC/ Vivos Holdings, LLC/ 
 Vivos Acquisitions, LLC/ Maslow Media Group, Inc.	 	 	As
    Attorneys for Funders

    61-43 186 Street, Suite 207

    Fresh Meadows, NY 11365 
	 	 	 	 	(718) 407-2464
	BY:		 	 	 
		Silvija
    Valleru	 	 	 
	 	 	 	 	 
	BY:		 	 	 
	 	Naveen
    Doki	 	 	 


 


Please
note that we are required, under Federal Law, to advise you that we are debt collectors and any 

information we obtain will be
used in attempting to collect this debt


 








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