Amended Note. The Company shall substitute and amend each of the Notes by exchanging, substituting and merging all such Notes for and into a single new Third Amended and Restated Secured Bridge Note, in the form of Exhibit B attached hereto, in the principal amount equal to $1,406,325.45 less the $550,000 in principal converted pursuant to Section 6.1 above, or $856,325.45 (“A&R Note”). The Company shall issue and deliver the A&R Note to the Investor duly executed by the Company within five (5) Business Days following full execution hereof.
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Sources: Fourth Extension and Amendment Agreement, Fourth Extension and Amendment Agreement (Envision Solar International, Inc.)