ADDENDUM TO THE 8% CONVERTIBLE DEBENTURE between ZANETT OPPORTUNITY FUND, LTD. andIntegrated Environmental Technologies, Ltd. • July 18th, 2016 • General industrial machinery & equipment, nec
This Addendum (this “Addendum”) to the 8% Convertible Debenture (as such term is defined below), entered into as of the 7th day of July, 2016 (the “Addendum Effective Date”), is by and between Zanett Opportunity Fund, Ltd. (the “Holder”) and Integrated Environmental Technologies, Ltd. (the “Company”). Capitalized terms used herein, but not otherwise defined herein, shall have the meanings given to such terms in the 8% Convertible Debenture issued as of August 21, 2012 (the “Debenture”).
