WAFERGEN, INC. AMENDMENT TO NOTE AND WARRANT PURCHASE AGREEMENT
WAFERGEN,
INC.
AMENDMENT
TO NOTE AND WARRANT PURCHASE AGREEMENT
THIS
AMENDMENT (the “Amendment”),
is
made as of February 28, 2007 by and between WaferGen,
Inc.,
a
Delaware corporation (the “Company”),
and
▇▇▇▇▇▇ ▇▇▇▇▇▇ (the “Purchaser”),
to
the Note and Warrant Purchase Agreement (the “Purchase
Agreement”)
dated
as of January 30, 2007 by and between the Company and the Purchaser. Capitalized
terms not otherwise defined herein shall have the meanings assigned to such
terms in the Purchase Agreement.
RECITALS
WHEREAS,
the Purchase Agreement provides for the issuance and sale of certain notes
and
warrants by the Company to the Purchaser; and
WHEREAS,
the parties now wish to amend the Purchase Agreement to increase the aggregate
principal amount that may borrowed by the Company under the Agreement from
$300,000 to $400,000.
NOW,
THEREFORE, in consideration of the foregoing and the mutual covenants contained
herein, the parties hereby agree as follows:
1. AMENDMENT.
Section 1.1
of the Purchase Agreement is hereby amended and restated in its entirety
to read
as follows:
“1.1 The
Loan. Subject
to the terms of this Agreement, the Purchaser agrees to purchase from the
Company and the Company agrees to sell and issue to the Purchaser the promissory
notes, the aggregate principal amount of which should not be in excess of
four
hundred thousand dollars (US$400,000) (the “Loan
Amount” or
the
“Loan”),
in
the form attached hereto as Exhibit A (each,
a
“Note”
and
collectively, the “Notes”).”
2. FULL
FORCE AND EFFECT. Except
as
expressly modified by this Amendment, all terms, conditions and provisions
of
the Agreement shall remain in full force and effect. In the event of any
inconsistency or conflict between the Agreement and this Amendment, the terms,
conditions and provisions of this Amendment shall govern and
control.
3. COUNTERPARTS.This
Amendment may be executed in two or more counterparts, each of which shall
be
deemed an original, but all of which together shall constitute one and the
same
instrument. A facsimile, telecopy or other reproduction of this Amendment
may be
executed by any party hereto and delivered by such party by facsimile or
other
electronic transmission, and such execution and delivery shall be considered
valid, binding and effective for all purposes.
4. ENTIRE
AGREEMENT. Each
Note
and this Amendment constitute the entire agreement among each party hereto
with
respect to the subject matter hereof and supersedes all prior or contemporaneous
representations, discussions, proposals, negotiations, conditions and
agreements, whether oral or written, and all communications between the parties
relating to the subject matter of each Note and this Amendment.
5. GOVERNING
LAW.
This
Amendment shall be governed by and construed in accordance with the law
of the
State of California, without giving effect to the conflicts or choice of
law
provisions thereof.
[Signature
pages follow]
IN
WITNESS WHEREOF, the
parties have executed this AMENDMENT
TO NOTE AND WARRANT PURCHASE AGREEMENT as
of the
date first written above.
|
COMPANY:
WAFERGEN,
INC.
By:
/s/ ▇▇▇▇▇
▇▇▇▇
Print
Name: ▇▇▇▇▇ ▇▇▇▇
Title:
CFO
Address:
▇▇▇▇▇
▇▇▇▇▇▇▇ ▇▇▇▇., ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Telephone:
Facsimile:
________________________________
E-mail:
PURCHASER:
▇▇▇▇▇▇
▇▇▇▇▇▇
/s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Address:
________________________________
Telephone:_______________________________
Facsimile:________________________________
E-mail:__________________________________
|
[Signature
Page for Amendment to Note and Warrant Purchase Agreement]