Secured Convertible Promissory Note Forbearance Agreement Sample Contracts

SECURED CONVERTIBLE PROMISSORY NOTE FORBEARANCE AGREEMENT
Secured Convertible Promissory Note Forbearance Agreement • February 7th, 2020 • Globe Photos, Inc. • Retail-retail stores, nec • Nevada

THIS SECURED CONVERTIBLE PROMISSORY NOTE FORBEARANCE AGREEMENT (the “Agreement”), dated as of January 29, 2020, is made by and among Globe Photos, Inc.., a Delaware corporation (the “Company”), and Falcon Capital Partners Limited, as the authorized Collateral Agent (“Agent”) for holders (each a “Noteholder” and collectively, the “Noteholders”) of the Company’s Secured Convertible Promissory Notes (each a “Note” and collectively, the “Notes”) pursuant to that certain Collateral Agency Agreement, dated effective as of January 22, 2020, by and among Agent and such Noteholders (the “Collateral Agency Agreement”).