Exhibit 10.1

 

 

ALLONGE TO PROMISSORY NOTE

 

Allonge (this “Allonge”) to that certain Promissory Note (the “Promissory Note”) attached hereto as Exhibit 1 and made a part hereof in the principal amount of (a) US$500,000.00, dated May 8, 2019, from Bionik Laboratories Corp., as obligor (“Maker”), to Star SCI, as Holder (“Holder”).

 

Maker and Holder agree that the Promissory Note shall be revised as follows:

 

1.                  Clause (ii) of the definition of “Maturity Date” found in Section 1.1 of the Promissory Note shall be amended and replaced to read as follows:

 

“the date of receipt of an aggregate of $9,000,000 in gross proceeds to the Company from the sale of the Company’s securities subsequent to the Issue Date,”

 

Except as expressly reflected herein, the Promissory Note will remain in full force and effect. This Allonge is intended to be attached to and made a permanent part of the Promissory Note.

 

Dated as of the 24 day of September, 2019.

 

Maker: BIONIK LABORATORIES CORP.
     
     
  By: /s/ Eric Dusseux
  Name: Eric Dusseux
  Title: CEO
     
Holder: Star SCI
     
     
  By: /s/ Andre-Jacques Auberton-Herve
  Name: Andre-Jacques Auberton-Herve
  Title: President

 

 

 

 

 

 

 

EXHIBIT 1

 

PROMISSORY NOTE

 

 

 

 

 

 

 

 

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