Digital Ally increases secured note to $2M, extends maturity to Nov 2024 or merger close

KUSTOM ENTERTAINMENT, INC.

Amended note principal raised from $1.425M to up to $2M; interest at 1.58% per month.
Maturity earlier of Nov 1, 2024 or Kustom Entertainment merger with Clover Leaf.
Existing defaults acknowledged; borrower owes $1,204,319.47 as of effective date.
Repayment: 50% of ticket revenue on first 9,000 tickets, then 10% until paid.
Extended $100k payment from Sep 26 to Oct 10, 2024.

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