EX1A-6 MAT CTRCT 10 f1a2017a3ex6-8_pogotec.htm AMENDED AND RESTATED PROMISSORY NOTE WITH RONALD BLUM DATED JANUARY 31, 2018

Exhibit 6.8

 

AMENDED & RESTATED POGOTEC, INC.
PROMISSORY NOTE

 

$145,000.00Roanoke, VA
 January 31, 2018

 

PogoTec, Inc., a Delaware corporation (“Company”) hereby promises to pay to the order of Ronald D. Blum (“Lender”), his successors and assigns, in lawful money of the United States of America, ONE HUNDRED FORTY-FIVE THOUSAND DOLLARS ($145,000.00), together with accrued and unpaid interest thereon, at the rate set forth below, on demand on March 31, 2018 (the “Maturity Date”). This Note may be prepaid in whole or in part at any time, without premium or penalty. This Note is subject to the following additional terms and conditions:

 

1.   Payment. The amounts due hereunder shall be paid in cash.

 

2.   Security. This Note is unsecured. The payment obligations under this Note shall not be subordinated to obligations to any creditor without the written consent of Lender.

 

3.   Demand; Expenses. Company hereby waives presentment, demand, notice of dishonor, protest, notice of protest and all other demands, protests, and notices in connection with the execution, delivery, performance, collection, and enforcement of this Note. Company shall pay all costs of collection when incurred, including reasonable attorneys’ fees and expenses.

 

4.   Governing Law. This Note is being delivered in, is intended to be performed in, shall be construed and interpreted in accordance with, and be governed by the internal laws of, the Commonwealth of Virginia, without regard to principles of conflict of laws.

 

5.   Amendment. This Note may only be amended, modified or terminated by an agreement in writing signed by the party to be charged. This Amended and Restated Promissory Note replaces the following Promissory Notes in their entirety: October 6, 2017, for $202,500 (which included notes from September 5, 2017, for $125,000, September 13, 2017, for $37,500, November 3, 2017, for $145,000.00).

 

PogoTec, Inc.
 a Delaware corporation
  
 /s/ Diane J. Munn
 Diane J. Munn
 Chief Financial Officer