AGREEMENT
Agreement dated December 8, 1998, between Compact Disc Packaging
Corp. ("CDP") and Xxxxx Xxxxxx.
WHEREAS, CDP delivered to Xxxxx Xxxxxx a Promissory Note dated
January 1, 1998 in the amount of one hundred seven thousand five hundred
dollars ($107,500) payable in a lump sum payment of principal plus accrued
interest on January 1, 1999 (the "Note"); and
WHEREAS, it is the desire of the parties hereto to change the date
upon which payment shall be due.
NOW THEREFORE, in consideration of the premises and the mutual
covenants and the terms and conditions set forth in this Agreement, the
parties hereto agree as follows:
1. Capitalized terms herein shall have the meaning ascribed to them
in the Note.
2. Payment of principal plus accrued interest on the Note shall be
due and payable not later than thirty (30) days after the effective date of
the initial public offering of International Smart Sourcing, Inc.
3. This Amendment may be executed in any number of counterparts, each
of which shall be an original, but all of which together shall constitute one
and the same instrument.
IN WITNESS WHEREOF, the undersigned have caused this Amendment to be
duly executed and delivered on the date first above written.
Compact Disc Packaging Corp.
By: /s/ Xxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx, President
/s/ Xxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx
