EX-4.332


   

  Exhibit 4.3.3.2

   

  				
	 
	Atlantic Canada
Opportunities
Agency
	Agence de
promotion économique
du Canada atlantique
	 



   

  			
	JUN 12 2019
	Nova Scotia
Office
P.O.Box 2284
Station "C" 
Halifax,N.S.
B3J 3C8
	Bureau de la 
Nouvelle-Écosse 
Casier postal 2284
Succ. “C”
Halifax (N.-É.)
B3J 3C8



   

  Project No.: 211326

  Amendment #1

   

  Metamaterial Technologies Inc. 

  l Research Drive, Suite 215

  Dartmouth, Nova Scotia

  B2Y 4M9

   

  Attention: Dr. George Palikaras

   

  Dear Dr. Palikaras:

   

  Re: Amendment Approved under the Business Development Program

   

  PLEASE BE ADVISED THAT THIS AMENDMENT CANCELS AND SUPERSEDES THE PREVIOUSLY SENT AMENDMENT LETTER DATED MAY 17, 2019.

   

  As per your request, the Atlantic Canada Opportunities Agency ("the Agency") hereby agrees to the following amendment, effective immediately:

   

  Delete article 2.3 and replace with the following:

  2.3   The Recipient shall complete the Project on or before May 31 , 2019 (hereinafter referred to as "the Project Completion Date").

   

  All other terms and conditions of our Agreement accepted by you on March 29, 2018 remain unchanged.

   

  If you have any questions pertaining to our procedures and requirements, please contact Paul Hayes the officer assigned to your project, at (800) 565-1228 or (902) 426-3174 or via e-mail at paul.hayes@canada.ca.

   

  Yours truly,

   

  Paul Hayes

  Account Manager

   

  			
	 
	Page  
	 1

	 
	 
	 



   

  

   

   

  			
	Revised Repayment Schedule
	Schedule 6
	 



   

  						
	Client:
	 
	Metamaterial Technologies Inc.
	Start Date:
	2020/01/01
	 

	Account Number:
	211326
	End Date: 
	2027/12/01
	 

	Number of  Repayments: 
	96
	 
	 
	 

	Total Repayable:
	$3.000.000.00
	 
	 
	 

	Payment #
	Due Date
	 
	Amount Due
	Amount Paid to Date
	Amount Outstanding

	 
	 
	 
	 
	 
	$3,000,000.00

	 
	 
	 
	 
	$0.00
	$3,000,000.00

	1
	2020/01/01
	 
	$31,250.00
	 
	$2,968,750.00

	2
	2020/02/01
	 
	$31,250.00
	 
	$2,937,500.00

	3
	2020/03/01
	 
	$31,250.00
	 
	$2,906,250.00

	4
	2020/04/01
	 
	$31,250.00
	 
	$2,875,000.00

	5
	2020/05/01
	 
	$31,250.00
	 
	$2,843,750.00

	6
	2020/06/01
	 
	$31,250.00
	 
	$2,812,500.00

	7
	2020/07/01
	 
	$31,250.00
	 
	$2,781,250.00

	8
	2020/08/01
	 
	$31,250.00
	 
	$2,750,000.00

	9
	2020/09/01
	 
	$31,250.00
	 
	$2,718,750.00

	10
	2020/10/01
	 
	$31,250.00
	 
	$2,687,500.00

	11
	2020/11/01
	 
	$31,250.00
	 
	$2,656,250.00

	12
	2020/12/01
	 
	$31,250.00
	 
	$2,625,000.00

	13
	2021/01/01
	 
	$31,250.00
	 
	$2,593,750.00

	14
	2021/02/01
	 
	$31,250.00
	 
	$2,562,500.00

	15
	2021/03/01
	 
	$31,250.00
	 
	$2,531,250.00

	16
	2021/04/01
	 
	$31,250.00
	 
	$2,500,750.00

	17
	2021/05/01
	 
	$31,250.00
	 
	$2,468,500.00

	18
	2021/06/01
	 
	$31,250.00
	 
	$2,437,250.00

	19
	2021/07/01
	 
	$31,250.00
	 
	$2,406,000.00

	20
	2021/08/01
	 
	$31,250.00
	 
	$2,375,000.00

	21
	2021/09/01
	 
	$31,250.00
	 
	$2,343,750.00

	22
	2021/10/01
	 
	$31,250.00
	 
	$2,312,250.00

	23
	2021/11/01
	 
	$31,250.00
	 
	$2,281,250.00

	24
	2021/12/01
	 
	$31,250.00
	 
	$2,250,000.00

	25
	2022/01/01
	 
	$31,250.00
	 
	$2,218,750.00

	26
	2022/02/01
	 
	$31,250.00
	 
	$2,187,500.00

	27
	2022/03/01
	 
	$31,250.00
	 
	$2,156,250.00

	28
	2022/04/01
	 
	$31,250.00
	 
	$2,125,000.00

	29
	2022/05/01
	 
	$31,250.00
	 
	$2,093,750.00

	30
	2022/06/01
	 
	$31,250.00
	 
	$2,062,500.00

	31
	2022/07/01
	 
	$31,250.00
	 
	$2,031,250.00

	32
	2022/08/01
	 
	$31,250.00
	 
	$2,000,000.00

	33
	2022/09/01
	 
	$31,250.00
	 
	$1,968,750.00

	34
	2022/10/01
	 
	$31,250.00
	 
	$1,937,500.00

	35
	2022/11/01
	 
	$31,250.00
	 
	$1,906,250,00

	36
	2022/12/01
	 
	$31,250.00
	 
	$1,875,000.00

	37
	2023/01/01
	 
	$31,250.00
	 
	$1,843,750.00

	38
	2023/02/01
	 
	$31,250.00
	 
	$1,812,500.00

	39
	2023/03/01
	 
	$31,250.00
	 
	$1,781,250.00

	40
	2023/04/01
	 
	$31,250.00
	 
	$1,750,000.00

	41
	2023/05/01
	 
	$31,250.00
	 
	$1,718,750.00



   

   

  

   

   

  			
	Revised Repayment Schedule
	Schedule 6
	 



   

  						
	42
	2023/06/01
	 
	$31,250.00
	 
	$1,687,500.00

	43
	2023/07/01
	 
	$31,250.00
	 
	$1,656,250 00

	44
	2023/08/01
	 
	$31,250.00
	 
	$1,625,000.00

	45
	2023/09/01
	 
	$31,250.00
	 
	$1,593,750.00

	46
	2023/10/01
	 
	$31,250.00
	 
	$1,562,500.00

	47
	2023/11/01
	 
	$31,250.00
	 
	$1,531,250.00

	48
	2023/12/01
	 
	$31,250.00
	 
	$1,500,000.00

	49
	2024/01/01
	 
	$31,250.00
	 
	$l,468,750.00

	50
	2024/02/01
	 
	$31,250.00
	 
	$1,437,500.00

	51
	2024/03/01
	 
	$31,250.00
	 
	$1,406,250.00

	52
	2024/04/01
	 
	$31,250.00
	 
	$1,375,000.00

	53
	2024/05/01
	 
	$31,250.00
	 
	$1,343,750.00

	54
	2024/06/01
	 
	$31,250.00
	 
	$1,312,500.00

	55
	2024/07/01
	 
	$31,250.00
	 
	$1,281,250.00

	56
	2024/08/01
	 
	$31,250.00
	 
	$1,250,000.00

	57
	2024/09/01
	 
	$31,250.00
	 
	$1,218,750.00

	58
	2024/10/01
	 
	$31,250.00
	 
	$1,187,500.00

	59
	2024/11/01
	 
	$31,250.00
	 
	$1,156,250.00

	60
	2024/12/01
	 
	$31,250.00
	 
	$1,125,000.00

	61
	2025/01/01
	 
	$31,250.00
	 
	$1,093,750.00

	62
	2025/02/01
	 
	$31,250.00
	 
	$1,062,500.00

	63
	2025/03/01
	 
	$31,250.00
	 
	$1,031,250.00

	64
	2025/04/01
	 
	$31,250.00
	 
	$1,000,000.00

	65
	2025/05/01
	 
	$31,250.00
	 
	$968,750.00

	66
	2025/06/01
	 
	$31,250.00
	 
	$937,500.00

	67
	2025/07/01
	 
	$31,250.00
	 
	$906,250.00

	68
	2025/08/01
	 
	$31,250.00
	 
	$875,000.00

	69
	2025/09/01
	 
	$31,250.00
	 
	$843,750.00

	70
	2025/10/01
	 
	$31,250.00
	 
	$812,500.00

	71
	2025/11/01
	 
	$31,250.00
	 
	$781,250.00

	72
	2025/12/01
	 
	$31,250.00
	 
	$750,000.00

	73
	2026/01/01
	 
	$31,250.00
	 
	$718,750.00

	74
	2026/02/01
	 
	$31,250.00
	 
	$687,500.00

	75
	2026/03/01
	 
	$31,250.00
	 
	$656,250.00

	76
	2026/04/01
	 
	$31,250.00
	 
	$625,000.00

	77
	2026/05/01
	 
	$31,250.00
	 
	$593,750.00

	78
	2026/06/01
	 
	$31,250.00
	 
	$562,500.00

	79
	2026/07/01
	 
	$31,250.00
	 
	$531,250.00

	80
	2026/08/01
	 
	$31,250.00
	 
	$500,000.00

	81
	2026/09/01
	 
	$31,250.00
	 
	$468,750.00

	82
	2026/10/01
	 
	$31,250.00
	 
	$437,500.00

	83
	2026/11/01
	 
	$31,250.00
	 
	$406,250.00

	84
	2026/12/01
	 
	$31,250.00
	 
	$375,000.00

	85
	2027/01/01
	 
	$31,250.00
	 
	$343,750.00

	86
	2027/02/01
	 
	$31,250.00
	 
	$312,500.00

	87
	2027/03/01
	 
	$31,250.00
	 
	$281,250.00

	88
	2027/04/01
	 
	$31,250.00
	 
	$250,000.00

	89
	2027/05/01
	 
	$31,250.00
	 
	$218,750.00

	90
	2027/06/01
	 
	$31,250.00
	 
	$187,500.00



   

   

  

   

   

  			
	Revised Repayment Schedule
	Schedule 6
	 



   

   

  						
	91
	2027/07/01
	 
	$31,250.00
	 
	$156,250.00

	92
	2027/08/01
	 
	$31,250.00
	 
	$125,000.00

	93
	2027/09/01
	 
	$31,250.00
	 
	$93,750.00

	94
	2027/10/01
	 
	$31,250.00
	 
	$62,500.00

	95
	2027/11/01
	 
	$31,250.00
	 
	$31,250.00

	96
	2027/12/01
	 
	$31,250.00
	 
	$0.00