Exhibit 4.3.3.1
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| Atlantic Canada Opportunities Agency | Agence de promotion économique du Canada atlantique | |
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MAY 17 2019 | Nova Scotia Office P.O. Box 2284 Station “C” Halifax, N.S. B3J 3C8 | Bureau de Ia Nouvelle·Ecosse Casier postal 2284 Succ. “C” Halifax (N.-É.) B3J 3C8 |
Project No.: 211326
CONTRACT AMENDMENT
Metamaterial Technologies Inc.
1 Research Drive, Suite 215
Dartmouth, Nova Scotia
B2Y 4M9
Attention: Dr. George Palikaras
Dear Dr. Palikaras:
Re: Amendment Approved under the Business Development Program
As per your request, the Atlantic Canada Opportunities Agency (“the Agency”) hereby agrees to the following amendment, effective immediately:
Delete article 2.3 and replace with the following:
2.3 The Recipient shall complete the Project on or before February 28, 2019 (hereinafter referred to as “the Project Completion Date”).
All other terms and conditions of our Agreement accepted by you on March 29, 2018 remain unchanged.
If you have any questions pertaining to our procedures and requirements, please contact Paul Hayes the officer assigned to your project, at (800) 565-1228 or (902) 426-3174 or via e-mail at paul.hayes@canada.ca.
Yours truly,
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Revised Repayment Schedule | Schedule 6 | |
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Client: | | Metamaterial Technologies Inc. | Start Date: | 2020/0I/01 | |
Account Number: | 211326 | End Date: | 2027/12/01 | |
Number of Repayments: | 96 | | | |
Total Repayable: | S3.000.000.00 | | | |
Payment # | Due Date | | Amount Due | Amount Paid to Date | Amount Outstanding |
| | | | | $3,000,000.00 |
| | | | $0.00 | $3,000,000.00 |
1 | 2020/01/01 | | $31,250.00 | | $2,968,750.00 |
2 | 2020/02/01 | | $31,250.00 | | $2,937,500.00 |
3 | 2020/03/01 | | $31,250.00 | | $2,906,250.00 |
4 | 2020/04/01 | | $31,250.00 | | $2,875,000.00 |
5 | 2020/05/01 | | $31,250.00 | | $2,843,750.00 |
6 | 2020/06/01 | | $31,250.00 | | $2,812,500.00 |
7 | 2020/07/01 | | $31,250.00 | | $2,781,250.00 |
8 | 2020/08/01 | | $31,250.00 | | $2,750,000.00 |
9 | 2020/09/01 | | $31,250.00 | | $2,718,750.00 |
10 | 2020/10/01 | | $31,250.00 | | $2,687,500.00 |
11 | 2020/11/01 | | $31,250.00 | | $2,656,250.00 |
12 | 2020/12/01 | | $31,250.00 | | $2,625,000.00 |
13 | 2021/01/01 | | $31,250.00 | | $2,593,750.00 |
14 | 2021/02/01 | | $31,250.00 | | $2,562,500.00 |
15 | 2021/03/01 | | $31,250.00 | | $2,531,250.00 |
16 | 2021/04/01 | | $31,250.00 | | $2,500,000.00 |
17 | 2021/05/01 | | $31,250.00 | | $2,468,750.00 |
18 | 2021/06/01 | | $31,250.00 | | $2,437,500.00 |
19 | 2021/07/01 | | $31,250.00 | | $2,406,250.00 |
20 | 2021/08/01 | | $31,250.00 | | $2,375,000.00 |
21 | 2021/09/01 | | $31,250.00 | | $2,343,750.00 |
22 | 2021/10/01 | | $31,250.00 | | $2,312,500.00 |
23 | 2021/11/01 | | $31,250.00 | | $2,281,250.00 |
24 | 2021/12/01 | | $31,250.00 | | $2,250,000.00 |
25 | 2022/01/01 | | $31,250.00 | | $2,218,750.00 |
26 | 2022/02/01 | | $31,250.00 | | $2,187,500.00 |
27 | 2022/03/01 | | $31,250.00 | | $2,156,250.00 |
28 | 2022/04/01 | | $31,250.00 | | $2,125,000.00 |
29 | 2022/05/01 | | $31,250.00 | | $2,093,750.00 |
30 | 2022/06/01 | | $31,250.00 | | $2,062,500.00 |
31 | 2022/07/01 | | $31,250.00 | | $2,031,250.00 |
32 | 2022/08/01 | | $31,250.00 | | $2,000,000.00 |
33 | 2022/09/01 | | $31,250.00 | | $1,968,750.00 |
34 | 2022/10/01 | | $31,250.00 | | $1,937,500.00 |
35 | 2022/11/01 | | $31,250.00 | | $1,906,250,00 |
36 | 2022/12/01 | | $31,250.00 | | $1,875,000.00 |
37 | 2023/01/01 | | $31,250.00 | | $1,843,750.00 |
38 | 2023/02/01 | | $31,250.00 | | $1,812,500.00 |
39 | 2023/03/01 | | $31,250.00 | | $1,781,250.00 |
40 | 2023/04/01 | | $31,250.00 | | $1,750,000.00 |
41 | 2023/05/01 | | $31,250.00 | | $1,718,750.00 |
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Revised Repayment Schedule | Schedule 6 | |
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42 | 2023/06/01 | | $31,250.00 | | $1,687,500.00 |
43 | 2023/07/01 | | $31,250.00 | | $1,656,250 00 |
44 | 2023/08/01 | | $31,250.00 | | $1,625,000.00 |
45 | 2023/09/01 | | $31,250.00 | | $1,593,750.00 |
46 | 2023/10/01 | | $31,250.00 | | $1,562,500.00 |
47 | 2023/11/01 | | $31,250.00 | | $1,531,250.00 |
48 | 2023/12/01 | | $31,250.00 | | $1,500,000.00 |
49 | 2024/01/01 | | $31,250.00 | | $l,468,750.00 |
50 | 2024/02/01 | | $31,250.00 | | $1,437,500.00 |
51 | 2024/03/01 | | $31,250.00 | | $1,406,250.00 |
52 | 2024/04/01 | | $31,250.00 | | $1,375,000.00 |
53 | 2024/05/01 | | $31,250.00 | | $1,343,750.00 |
54 | 2024/06/01 | | $31,250.00 | | $1,312,500.00 |
55 | 2024/07/01 | | $31,250.00 | | $1,281,250.00 |
56 | 2024/08/01 | | $31,250.00 | | $1,250,000.00 |
57 | 2024/09/01 | | $31,250.00 | | $1,218,750.00 |
58 | 2024/10/01 | | $31,250.00 | | $1,187,500.00 |
59 | 2024/11/01 | | $31,250.00 | | $1,156,250.00 |
60 | 2024/12/01 | | $31,250.00 | | $1,125,000.00 |
61 | 2025/01/01 | | $31,250.00 | | $1,093,750.00 |
62 | 2025/02/01 | | $31,250.00 | | $1,062,500.00 |
63 | 2025/03/01 | | $31,250.00 | | $1,031,250.00 |
64 | 2025/04/01 | | $31,250.00 | | $1,000,000.00 |
65 | 2025/05/01 | | $31,250.00 | | $968,750.00 |
66 | 2025/06/01 | | $31,250.00 | | $937,500.00 |
67 | 2025/07/01 | | $31,250.00 | | $906,250.00 |
68 | 2025/08/01 | | $31,250.00 | | $875,000.00 |
69 | 2025/09/01 | | $31,250.00 | | $843,750.00 |
70 | 2025/10/01 | | $31,250.00 | | $812,500.00 |
71 | 2025/11/01 | | $31,250.00 | | $781,250.00 |
72 | 2025/12/01 | | $31,250.00 | | $750,000.00 |
73 | 2026/01/01 | | $31,250.00 | | $718,750.00 |
74 | 2026/02/01 | | $31,250.00 | | $687,500.00 |
75 | 2026/03/01 | | $31,250.00 | | $656,250.00 |
76 | 2026/04/01 | | $31,250.00 | | $625,000.00 |
77 | 2026/05/01 | | $31,250.00 | | $593,750.00 |
78 | 2026/06/01 | | $31,250.00 | | $562,500.00 |
79 | 2026/07/01 | | $31,250.00 | | $531,250.00 |
80 | 2026/08/01 | | $31,250.00 | | $500,000.00 |
81 | 2026/09/01 | | $31,250.00 | | $468,750.00 |
82 | 2026/10/01 | | $31,250.00 | | $437,500.00 |
83 | 2026/11/01 | | $31,250.00 | | $406,250.00 |
84 | 2026/12/01 | | $31,250.00 | | $375,000.00 |
85 | 2027/01/01 | | $31,250.00 | | $343,750.00 |
86 | 2027/02/01 | | $31,250.00 | | $312,500.00 |
87 | 2027/03/01 | | $31,250.00 | | $281,250.00 |
88 | 2027/04/01 | | $31,250.00 | | $250,000.00 |
89 | 2027/05/01 | | $31,250.00 | | $218,750.00 |
90 | 2027/06/01 | | $31,250.00 | | $187,500.00 |
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Revised Repayment Schedule | Schedule 6 | |
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91 | 2027/07/01 | | $31,250.00 | | $156,250.00 |
92 | 2027/08/01 | | $31,250.00 | | $125,000.00 |
93 | 2027/09/01 | | $31,250.00 | | $93,750.00 |
94 | 2027/10/01 | | $31,250.00 | | $62,500.00 |
95 | 2027/11/01 | | $31,250.00 | | $31,250.00 |
96 | 2027/12/01 | | $31,250.00 | | $0.00 |
