Secured Subordinate Convertible Note Sample Contracts

AMENDMENT TO 6% SECURED SUBORDINATE CONVERTIBLE NOTE
Secured Subordinate Convertible Note • March 31st, 2017 • Chanticleer Holdings, Inc. • Retail-eating places

This Amendment (“Amendment”) is made and effective as of March 24, 2017 (“Effective Date”) and amends those certain 6% Secured Subordinate Convertible Notes dated August 2, 2013 in the aggregate principal amount of $3,000,000 (the “Notes”) and Security Agreement of even date therewith (“Security Agreement”) issued by CHANTICLEER HOLDINGS, INC., a Delaware corporation (“Chanticleer”) in favor of the the undersigned individuals (“Holders”).

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