Xxxxxxxx Xxxxxxx
c/o Look Models International, Inc.
Xxxxxxxxxxxxx #0
Xxxxxx 0000,
Xxxxxxx
July 1, 2003
Look Models International, Inc.
Xxxxxxxxxxxxx #0
Xxxxxx 0000,
Xxxxxxx
To Whom It May Concern:
This is to confirm certain agreements I have made.
1. I hereby agree to (1) fund the operating expenses for 2003 and (2) waive my
salary for 2003 and forego amounts owed to me by Look Models until such
time as profitable operations, capital raised from redemption of
outstanding warrants, or future equity transactions provide Look Models the
ability to pay his salary in accordance with my employment agreement.
2. I have listed for sale a real estate investment and commit to utilize the
net proceeds from the sale or refinancing, estimated to be $615,000, to
support 2003 activities as required.
3. I confirm my waiver of provision 6.1(5) of my employment agreement.
/s/ Xxxxxxxx Xxxxxxx
