Exhibit 10.50


 


AMENDMENT TO INVESTMENT AGREEMENT


 


This Amendment to Investment
Agreement, dated as of May 19, 2020 (this “Amendment”), to that certain Investment Agreement, dated July 11,
2016, as amended (the “Agreement”), is entered into by and between HealthLynked Corp., a Nevada corporation,
with its principal executive offices at 1726 Medical Blvd Suite 101 Naples, FL 34110 (the “Company”), and Iconic
Holdings, LLC, a Delaware limited liability company, with its principal executive offices at 2251 San Diego Ave, #B150, San Diego,
CA 92110 (the “Investor” and together with the Company, the “Parties”). The purpose of this
Agreement is to further amend the terms of the Agreement.


 


WITNESSETH


 


WHEREAS, Section
8(ii) of the Agreement provides that the Agreement shall terminate upon the date which is thirty-six (36) months after the Effective
Date (as such term is defined in the Agreement) (the “Term”);


 


WHEREAS, pursuant
to Section 10.6 of the Agreement, the Agreement may only be amended by a written instrument signed by the Parties; and


 


WHEREAS, the
Parties desire to amend the Agreement to extend the Term of the Agreement.


 


NOW, THEREFORE, in
exchange for good and valuable consideration, the sufficiency of which are hereby acknowledged, and intending to be legally bound
hereby, the Parties hereby agree as follows:


 


1. Amendment.
Section 8 “Termination” of the Agreement is hereby deleted in its entirety and replaced with the following:


 


“This
Agreement shall terminate upon any of the following events:


 


		i.	when the Investor has purchased an aggregate of Three Million
Dollars ($3,000,000) in the Common Stock of the Company pursuant to this Agreement;


 


		ii.	on May 15, 2022; or


  


		iii.	at such time that the Registration Statement is no longer
in effect; or


 


		iv.	at any time at the election of the Company upon 15 days
written notice.


 


Any and all shares, or penalties,
if any, due under this Agreement shall be immediately payable and due upon termination of this Agreement.”


 






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2. Acknowledgement.
The Parties acknowledge that except as provided in this Amendment, all other terms and conditions of the Agreement, as amended,
remain in full force and effect. The Parties reaffirm, ratify and confirm their respective obligations, covenants and agreements
under the Agreement.


 


3. Miscellaneous.


 


(a) This Amendment may
be executed and delivered (including by facsimile, DocuSign, or .pdf transmission) in one or more counterparts, and by the different
parties hereto in separate counterparts, each of which when executed shall be deemed to be an original but all of which taken together
shall constitute one and the same agreement.


 


(b) To the extent that
any provision of the Amendment needs to be waived or amended in order to allow the amendments made herein to be effective, such
provisions are hereby waived and/or amended to the extent necessary to allow for the amendments made herein to be effective.


 


(c) This Amendment and
any and all matters arising directly or indirectly herefrom shall be governed by and construed and enforced in accordance with
the laws of the State of California, without giving effect to the choice or conflict of law principles thereof.


 


[SIGNATURE PAGE FOLLOWS]


 




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IN WITNESS WHEREOF,
the undersigned have executed this Amendment as of the first date written above.


 


	 	HEALTHLYNKED CORP.
	 	 
	 	By:	/s/ George O’Leary
	 	 	Name:	George O’Leary
	 	 	Title:	Chief Financial Officer


 


	 	ICONIC HOLDINGS, LLC
	 	 
	 	By:	/s/ Michael Sobeck
	 	 	Name: Michael Sobeck
	 	 	Title:	Manager


 


 


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