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Infinite Group Inc. – ‘8-K’ for 6/30/22 – ‘EX-10.2’

On:  Thursday, 7/7/22, at 4:34pm ET   ·   For:  6/30/22   ·   Accession #:  1654954-22-9386   ·   File #:  0-21816

Previous ‘8-K’:  ‘8-K’ on 6/22/22 for 6/15/22   ·   Next:  ‘8-K’ on 8/4/22 for 7/29/22   ·   Latest:  ‘8-K’ on 6/23/23 for 6/16/23   ·   7 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 7/07/22  Infinite Group Inc.               8-K:1,2,9   6/30/22   14:146K                                   Blueprint/FA

Current Report   —   Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     23K 
 2: EX-10.1     Modification Agreement to Promissory Note           HTML      9K 
                Originally Dated December 30, 2020 Between the                   
                Company and Donald Reeve Dated June 30, 2022                     
 3: EX-10.2     Modification Agreement to Promissory Note           HTML      9K 
                Originally Dated May 25, 2021 Between the Company                
                and Donald Reeve Dated June 30, 2022                             
 9: R1          Cover                                               HTML     43K 
12: XML         IDEA XML File -- Filing Summary                      XML     13K 
10: XML         XBRL Instance -- imci_8k_htm                         XML     15K 
11: EXCEL       IDEA Workbook of Financial Reports                  XLSX      6K 
 6: EX-101.CAL  XBRL Calculations -- imci-20220630_cal               XML      8K 
 8: EX-101.DEF  XBRL Definitions -- imci-20220630_def                XML     11K 
 5: EX-101.LAB  XBRL Labels -- imci-20220630_lab                     XML     41K 
 7: EX-101.PRE  XBRL Presentations -- imci-20220630_pre              XML     28K 
 4: EX-101.SCH  XBRL Schema -- imci-20220630                         XSD     19K 
13: JSON        XBRL Instance as JSON Data -- MetaLinks               11±    17K 
14: ZIP         XBRL Zipped Folder -- 0001654954-22-009386-xbrl      Zip     12K 


‘EX-10.2’   —   Modification Agreement to Promissory Note Originally Dated May 25, 2021 Between the Company and Donald Reeve Dated June 30, 2022


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 C: 

EXHIBIT 10.2

 

MODIFICATION AGREEMENT #5 TO

 PROMISSORY NOTE

 

This MODIFICATION AGREEMENT is made as of June 30, 2022 between Infinite Group, Inc., a Delaware corporation with offices at 175 Sully’s Trail Suite 202, Pittsford, NY 14534 (“Borrower”) and Donald W. Reeve, an individual residing at 7 Cross Meadow Lane, Pittsford, NY 14534 (“Lender”).

 

WHEREAS, the Borrower has issued to Lender a note in the principal amount of $100,000 dated May 25, 2021, which note has a principal balance of $100,000 and accrued interest of $6,591.78 at 6/30/2022 (the “Reeve Note”) ; and

 

WHEREAS, the parties desire to modify the terms and conditions of the Reeve Note as follows:

 

NOW, THEREFORE, the parties agree as follows:

 

1) The Note is modified to provide that the time at which the entire principal balance and accrued and unpaid interest shall be due and payable is September 1, 2022.

 

2) Except as modified by this Agreement, all of the terms, covenants and conditions of the Notes shall remain the same.

 

In witness whereof, Borrower and Lender have executed this Agreement under the day and year first written above.

 

INFINITE GROUP, INC.

   

/s/ James A. Villa

 

By: James A. Villa, CEO

 

Date: 6/30/2022

 

 

 

Donald W. Reeve

 

 

 

/s/ Donald W. Reeve

 

By: Donald W. Reeve

 

Date: 6/30/2022

 

 


Dates Referenced Herein

This ‘8-K’ Filing    Date    Other Filings
9/1/22None on these Dates
Filed on:7/7/22
For Period end:6/30/22
5/25/21
 List all Filings 


7 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/09/23  Infinite Group Inc.               10-K       12/31/22   69:5.6M                                   Blueprint/FA
11/01/22  Infinite Group Inc.               S-1/A                 85:7.7M                                   Blueprint/FA
10/20/22  Infinite Group Inc.               S-1/A      10/19/22   84:7.6M                                   Blueprint/FA
10/06/22  Infinite Group Inc.               S-1/A                 13:267K                                   Blueprint/FA
 9/20/22  Infinite Group Inc.               S-1/A                 84:7.9M                                   Blueprint/FA
 9/09/22  Infinite Group Inc.               S-1/A                 89:8.5M                                   Blueprint/FA
 8/15/22  Infinite Group Inc.               10-Q        6/30/22   55:3M                                     Blueprint/FA
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Filing Submission 0001654954-22-009386   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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