EXHIBIT 10.15
EXTENSION AGREEMENT
Date: December 31, 2001
To JB Oxford Holdings, Inc.:
On behalf of Third Capital Partners, LLC, as the beneficial owner of
$2,000,000 principal amount of the 9% Secured Convertible Note, dated June 8,
1998, issued pursuant to the JB Oxford Holdings, Inc. Secured Convertible Note
Purchase Agreement, as amended, dated June 8, 1998, and having an amended
Maturity Date of December 31, 2001, Third Capital Partners, LLC, hereby extends
the repayment of said Note for a period of twelve additional months, to December
31, 2002. Until the new Maturity Date of December 31, 2002, JB Oxford Holdings,
Inc. is authorized to make interest payments only, and no principal payments
shall be due. All other terms of the Senior Secured Convertible Note Purchase
Agreement shall remain in effect.
DATED this 31st day of December, 2001,
Third Capital Partners, LLC
a Nevada limited liability company
By: /s/ Xxxxxxxxxxx X. Xxxxxxx
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Xxxxxxxxxxx X. Xxxxxxx
Its: Chief Manager
0000 Xxxxxx Xxxxxx Xxxxxxx
Xxx Xxxxx, XX 00000
