EXTENSION OF PROMISSORY NOTE
DATED ON OR ABOUT APRIL 1, 2000
This Extension of Promissory Note Dated On or About April 1, 2000, is made
as of the 23 day of August, 2001, by and between Xxxxxx Xxxx Xxxxxx, Xxxxx Xxx
Xxxxxx and Xxxxxxx Xxxxxxx Xxxxx, in their capacity as trustees of The Better
Blocks Trust created by Deed dated 1 January 1994 ("Lender"), and International
Commercial Television Inc. (formerly known as Xxxxx Dome Exploration Inc.)
("Borrower").
WHEREAS, Borrower executed a Promissory Note on or about April 1, 2000, in
the principal amount of $590,723.27 ("Promissory Note"). The Promissory Note is
due two years from the date of execution; and
WHEREAS, Borrower has requested an extension of the term of the Promissory
Note, and Lender has agreed to that extension on the terms and conditions set
forth in this Extension of Promissory Note Dated On or About April 1, 2000.
NOW, THEREFORE, in consideration of the premises and the mutual agreements
contained herein, the parties hereby agree that the term of the Promissory Note
shall be extended to November 1, 2002.
EXCEPT AS EXPRESSLY SET FORTH HEREIN, ALL OTHER TERMS AND CONDITIONS OF THE
PROMISSORY NOTE DATED ON OR ABOUT APRIL 1, 2000, SHALL REMAIN IN FULL FORCE AND
EFFECT.
LENDER: BORROWER:
------------------------------------- -------------------------------------
Each undersigned in their capacity as INTERNATIONAL COMMERCIAL
a trustee of THE BETTER BLOCKS TRUST TELEVISION INC.
created by Deed 1 January 1994
/s/ Xxxxxx Xxxxxx /s/ Xxxxxx Xxxxxxx
------------------------------------- -------------------------------------
Xxxxxx Xxxxxx, Trustee Xxxxxx Xxxxxxx, President
/s/ Roving Xxx Xxxxxx
-------------------------------------
Xxxxx Xxx Xxxxxx, Trustee
/s/ Xxxxxxx Xxxxxxx Xxxxx
-------------------------------------
Xxxxxxx Xxxxxxx Xxxxx
