SEC Contract Filing

Filing Date: 2018-03-29

Document Content:
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<TYPE>EX-10.2
<SEQUENCE>2
<FILENAME>f102.htm
<DESCRIPTION>SIDE LETTER AGREEMENT, THE CELLULAR CONNECTION LTD., DATED JANUARY 8, 2018
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<TITLE>Converted by EDGARwiz</TITLE>
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<META NAME="date" CONTENT="03/22/2018">
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<P style="margin:0px" align=justify>January 8, 2018</P>
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<P style="margin:0px" align=justify>The Cellular Connection Ltd. (TCCL)</P>
<P style="margin:0px" align=justify>PO Box 562</P>
<P style="margin:0px" align=justify>Richmond Hill Ont. Canada</P>
<P style="margin:0px" align=justify>L4B 4R6</P>
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<P style="margin:0px" align=justify>Re: Side Letter Agreement regarding the Promissory Notes by and between Two Hands Corporation (hereinafter the &quot;Company&quot;) and you</P>
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<P style="margin:0px" align=justify>Dear Sirs:</P>
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<P style="margin:0px" align=justify>This Side Letter Agreement (&quot;Agreement&quot;) entered into on the date of this letter, by and between the Company and you will serve to amend and add certain terms to the Promissory Notes issued by Two Hands Corporation (the &quot;Note&quot;). Between June 19, 2014 and December 31, 2017; </P>
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<P style="margin:0px" align=justify>The balances at December 31, 2017 are $7,530 and $7,400 </P>
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<P style="margin:0px" align=justify>Totalling ($14,930). Capitalized terms used herein which are not otherwise defined shall have the same meaning as those given to them in the Note. </P>
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<P style="margin:0px" align=justify>For good and valuable consideration, both parties agree that the Note will be amended as follows:</P>
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<P style="margin:0px" align=justify>CONVERTIBLE SECURED PROMISSORY NOTE</P>
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<P style="margin:0px" align=justify>ISSUE AMOUNT &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. &nbsp;$14,930</P>
<P style="margin:0px" align=justify>FACE AMOUNT &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. &nbsp;<A NAME="_Hlk507073337"></A>$17,916</P>
<P style="margin:0px" align=justify>INTEREST RATE &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20% per year</P>
<P style="margin:0px" align=justify>ISSUANCE DATE &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;January 8, 2018</P>
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<P style="margin:0px" align=justify>FOR VALUE RECEIVED, Two Hands Corporation, a Delaware corporation (the &quot;Company&quot;), hereby promises to pay The Cellular Connection, Ltd, (the &quot;Holder&quot;) the Face Amount, subject to further adjustment as described below, in such amounts, at such times and on such terms and conditions as are specified herein (this &quot;Note&quot;).</P>
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<P style="margin:0px" align=justify>Article 1. &nbsp;Advancement and Fees</P>
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<P style="margin:0px" align=justify>The Company agrees to pay The Holder the sum of Seventeen Thousand Nine Hundred and Sixteen Dollars ($17,916) upon the issuance of this Note for advancements made by the Holder.</P>
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<P style="margin:0px" align=justify>Article 2. &nbsp;Maturity</P>
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<P style="margin:0px" align=justify>The Face Amount of this Note is payable December 31, 2018 (the &quot;Maturity Date&quot;).</P>
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<P style="margin:0px" align=justify>Notwithstanding any provision to the contrary in this Note, the Company may pay in full to the Holder the Face Amount, or any balance remaining thereof, in readily available funds at any time and from time to time without penalty(&quot;Prepayment&quot;).</P>
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<P style="margin:0px" align=justify>Article 3. &nbsp;Interest</P>
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<P style="margin:0px" align=justify>The outstanding Face Amount of the Note shall increase by 20% on January 1, 2019. The outstanding Face Amount of the Note shall increase by another 20% on January 1, 2020 and again on each one year anniversary of until the Note has been paid in full.</P>
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<P style="margin:0px" align=justify>Article 4. &nbsp;Collateral</P>
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