SEC Contract Filing

Filing Date: 2020-12-29

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>knwn_ex012.htm
<DESCRIPTION>AMENDMENT 4 DATED DECEMBER 9, 2020 TO SENIOR SECURED CONVERTIBLE REDEEMABLE NOTE DATED AUGUST 14, 2017 BY AND BETWEEN KNOW LABS, INC. AND CLAYTON A. STRUVE
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<font style="font-family: Times New Roman; font-size: 13px">Exhibit
10.2</font></div>
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AMENDMENT NO. 4 TO</font></div>
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SENIOR SECURED CONVERTIBLE REDEEMABLE DEBENTURE</font></div>
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DATED AUGUST 14, 2017</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">THIS
AMENDMENT NO. 4 TO SENIOR SECURED CONVERTIBLE REDEEMABLE DEBENTURE
DATED AUGUST 14, 2017 (this &#x201C;<font style="font-weight: bold">Amendment</font>&#x201D;) is made and entered
into as of December 9, 2020, by and between Clayton A. Struve (the
&#x201C;<font style="font-weight: bold">Holder</font>&#x201D;), and
Know Labs, Inc., a Nevada corporation f/k/a Visualant, Incorporated
(the &#x201C;<font style="font-weight: bold">Company</font>&#x201D;).</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">WHEREAS, the
Company is a party to that certain Senior Secured Convertible
Redeemable Debenture dated August 14, 2017, as amended by Amendment
No. 3 dated as of May 11, 2020 (as so amended, the
&#x201C;<font style="font-weight: bold">Debenture</font>&#x201D;)
payable to Holder (capitalized terms used herein and not otherwise
defined shall have the meanings set forth in the
Debenture);</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">WHEREAS, the
Debenture currently has a Maturity Date of September 30, 2020;
and</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">WHEREAS, the Holder
and the Company wish to amend the Debenture to extend the Maturity
Date;</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">NOW,
THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereby
agree as follows.</font></div>
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<div style="margin-left: 0px; text-indent: 48px"><font style="font-family: Times New Roman; font-size: 13px">1.</font><font id="tab2" style="letter-spacing: 12px; color: black">&#xA0;</font><font style="font-family: Times New Roman; font-size: 13px"><font style="text-decoration: underline">Amendment of Maturity Date</font>. The
Maturity Date of the Debenture is hereby amended to March 31,
2021.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="margin-left: 0px; text-indent: 48px"><font style="font-family: Times New Roman; font-size: 13px">2.</font><font id="tab2" style="letter-spacing: 12px; color: black">&#xA0;</font><font style="font-family: Times New Roman; font-size: 13px"><font style="text-decoration: underline">No Other Changes</font>. Except as
specifically set forth in this Amendment, the terms of the
Debenture remain in full force and effect.</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">IN
WITNESS WHEREOF, the parties hereto have executed this Amendment as
of the date first above written.</font></div>
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