Exhibit 99.3
AMENDMENT NO. 2
TO
CONVERTIBLE DEBENTURE
SecureAlert, Inc. and SecureAlert Monitoring, Inc. (collectively the “Company”) entered into a debenture with the creditors listed below (the “Creditors”) on April 20, 2012 with a maturity date of July 31, 2012 in the principal amount of $2,500,000.00 with a “green shoe” option to raise an additional $500,000.00 (the “Debenture”). The Debenture was subsequently amended on July 31, 2012. The parties to the Debenture now desire to extend the maturity date on the Debenture as follows:
1. Final Maturity Date: The parties hereto acknowledge and agree that the Final Maturity Date of the Debenture shall be extended from August 31, 2012 to October 15, 2012.
2. Terms of Debenture: Except as provided herein the remaining terms of the Debenture, as amended shall be unchanged and fully enforceable by the parties hereto.
IN WITHNESS WHEREOF, this Amendment No. 2 to Convertible Debenture has been duly executed and delivered as of August 30, 2012.
SECUREALERT, INC. | | SECUREALERT MONITORING, INC. |
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By: | /s/ John L. Hastings, III | | By: | /s/ John L. Hastings, III |
| John L. Hastings, III | | | John L. Hastings, III |
| President and CEO | | | President |
(Remainder of Page Intentionally Left Blank)
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Creditor: Laemi Real Estates Inc. Investment Amount: $500,000.00 | | Address: |
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By: | /s/ Hans-Jorg Gatt | | Laemi Real Estates, Inc. |
| Hans-Jorg Gatt, Director | | 15 Neugasse |
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| | | P.O. Box 424 |
| | | LI-9490 |
| | | Principality of Liechtenstein |
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Creditor: Sapinda Holding BV Investment Amount: $500,000.00 | | |
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By: | /s/ Dr. Peter Wiesing | | Sapinda Holding BV |
| Dr. Peter Wiesing, Managing Director | | Attn: Herm Holding BV |
| | | World Trade Center |
| | | Schiphol Boulevard 127, A 3.14 |
| | | The Netherlands |
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Creditor: SAPINDA ASIA Limited Investment Amount: $1,000,000.00 | | |
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By: | /s/ Lars Windhorst | | Sapinda Asia Limited |
| Lars Windhorst, Managing Director | | Rooms 803-4, 8/F |
| | | Hang Seng Bank Building |
| | | 200 Hennessy Road |
| | | Wanchai |
| | | Hong Kong |
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Creditor: George Schmitt | | |
Investment Amount: $500,000.00 | | |
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By: | /s/ George Schmitt | | George Schmitt |
| George Schmitt | | 554 Hamilton Way |
| | | Pleasanton, CA 94566 |
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