June__ , 2018 Via Electronic Mail Cleanspark, Inc.
June__ , 2018
Via Electronic Mail
0000 Xxxxx Xxxxx Xxxxx, Xx. 0 Xxx Xxxxx, Xxxxxxxxxx 00000
Attention: Xxxxxxx Xxxxxxxx, President
Re: Extension of Termination Date
Dear Xx. Xxxxxxxx:
Reference is made to that certain Asset Purchase Agreement by and between Cleanspark, Inc. (“Cleanspark”) and Pioneer Custom Electric Products Corp. (“Pioneer”), dated as of May 2, 2018 (the “Purchase Agreement”). All capitalized terms used and not otherwise defined herein shall have the meaning set forth in the Purchase Agreement.
By execution hereof, Cleanspark hereby agrees to extend the Termination Date as set forth in Section 8.1(d) of the Purchase Agreement from June 30, 2018 until October 15, 2018 (the “Extension”). During the Extension, all other terms and conditions of the Purchase Agreement shall remain in full force and effect.
Sections 9.4 – 9.14 of the Purchase Agreement shall apply to this Agreement mutatis mutandis.
If you are in agreement with the foregoing, please so indicate by your countersignature
below.
Very truly yours,
PIONEER CUSTOM ELECTRIC PRODUCTS CORP.
By:_______________________
| Name: Xxxxxx Xxxxxxx |
Title: President
| 1 |
Xxxxxx and Accepted as of
this 28 day of June , 2018
By: /s/ Xxxxxxx Xxxxxxxx
Name: Xxxxxxx Xxxxxxxx
Title: President
| 2 |
