Attached files
file | filename |
---|---|
EXCEL - IDEA: XBRL DOCUMENT - CDTI ADVANCED MATERIALS, INC. | Financial_Report.xls |
EX-23 - EXHIBIT 23 - CDTI ADVANCED MATERIALS, INC. | exhibit23.htm |
EX-32 - EXHIBIT 32 - CDTI ADVANCED MATERIALS, INC. | exhibit32.htm |
EX-21 - EXHIBIT 21 - CDTI ADVANCED MATERIALS, INC. | exhibit21.htm |
EX-3.1 - EXHIBIT 3.1 - CDTI ADVANCED MATERIALS, INC. | exhibit3_1.htm |
EX-31.1 - EXHIBIT 31.1 - CDTI ADVANCED MATERIALS, INC. | exhibit31_1.htm |
EX-31.2 - EXHIBIT 31.2 - CDTI ADVANCED MATERIALS, INC. | exhibit31_2.htm |
EX-10.18 - EXHIBIT 10.18 - CDTI ADVANCED MATERIALS, INC. | exhibit10_18.htm |
EX-10.44 - EXHIBIT 10.44 - CDTI ADVANCED MATERIALS, INC. | exhibit10_44.htm |
10-K - FORM 10-K - CDTI ADVANCED MATERIALS, INC. | cdti10k.htm |
EXHIBIT 10.17
Kanis SA
Dear Dr. Kanis,
The following documents the agreed to changes in terms for the loans from Kanis SA to Clean Diesel Technologies, Inc.
Loan | Principal | Interest Rate | Current Maturity Date | Other Features | Revised Terms |
1 | $1,500,000 | 8% | June 30, 2015 | Payment Premium of $150,000 due at maturity | Maturity Date and Payment Premium Revised to 10/1/2016. |
2 | $3,000,000 | 8% | April 11, 2016 | Convertible into no more than 250,000 shares at $4.00 each. Callable by Lender at July 1, 2015. | Maturity Date Revised to 10/1/2016. Loan is no longer callable by Lender. |
3 | $3,000,000 | 8% | July 27, 2015 | None | Maturity Date Revised to 10/1/2016. |
In consideration of the above changes to the loans from Kanis SA to CDTi, Kanis SA will be granted 80,000 warrants with a strike price of $1.75 and a term of 5 years.
Agreed upon this date: November 11, 2014
Kanis SA
Clean Diesel Technology, Inc.
by: /s/John A. Kanis
by: /s/ David E. Shea
its: Director
its: Chief Financial Officer
1621 Fiske Place, Oxnard, California 93033 ● Tel 1-805-486-4649 ● Fax 1-805-205-1333 ● www.cdti.com