EXHIBIT 10.2
AMULET HOLDINGS
LIMITED
August 30, 2004
Re: Seaside Registration rights agreement
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To: The Directors at Galaxy Minerals, Inc.
000 Xxxx Xxx. Xxxxx 000
Xxxx Xxxxx XX. 00000 XXX
Gentlemen,
We hereby undertake and confirm that subject to the successful liquidation of
Seaside equities, Amulet agrees to provide $100,000 to Galaxy Minerals to be
used specifically for the completion of the "Seaside Registration Rights
agreement", attached hereto for purposes of record.
Amulet agrees to provide such monies as soon as practically possible. It is
further agreed that Amulet will undertake to pay such penalties as referred in
the attached agreement specifically 2(c) & 2(d).
Your faithfully,
/s/ Xxxxx Xxxxxxxxx 30th August 2004
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Xxxxx Xxxxxxxxx
Director and Authorized Signatory