Addendum to patronage contract (guarantee agreement)

Exhibit 10.14

Addendum to patronage contract (guarantee agreement)

of July 16, 2012

between

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Hans Rigendinger, Hartbertstrasse 11, 7000 Chur

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Zypam Ltd. ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇

hereinafter referred to as "guarantors"

and

SunVesta Holding AG, ▇▇▇▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇

hereinafter referred to as "beneficiaries"

The Section 5, respectively § 5.1. of the patronage contract will be adjusted as follows:

5. Expiry date

5.1. This agreement is irredeemable and shall be lifted only on 31 December 2018

Oberrieden, September 22nd 2015

Oberrieden, September 22nd 2015

The guarantors:

SunVesta Holding AG

/s/ Hans Rigendinger

/s/ Hans Rigendinger

Hans Rigendinger

Hans Rigendinger

/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇

/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇

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/s/ Dr. Max Rӧssler

Dr. Max. Rössler

/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇

Zypam Ltd.

represented by ▇▇▇▇▇ ▇▇▇▇▇▇▇