ASTOR CAPITAL, INC.
0000 XXXXXXXX XXXX., XXXXX 000
XXXXXXX XXXXX, XX 00000
As of September 22, 2004
Xx. Xxxxxxx Xxxxxx
Chief Executive Officer
Universal Detection Technologies, Inc.
0000 Xxxxxxxx Xxxx.
Xxxxxxx Xxxxx, XX 00000
RE: AMENDMENT TO AGREEMENT FOR INVESTMENT BANKING AND ADVISORY SERVICES
Reference is made to the certain Agreement for Investment Banking and Advisory
Services, between ASTOR CAPITAL, INC. ("Astor") and UNIVERSAL DETECTION
TECHNOLOGY, INC. ("UDTT"), dated June 1, 2003, as amended on April 15, 2004 (the
"Agreement").
In consideration of the mutual covenants and promises contained herein, as well
as, other good and valuable consideration, the receipt and sufficiency of which
is acknowledged, the parties agree that effective September 30, 2004 the
Agreement shall be terminated with no further obligation by either party.
Except as set forth above, all other terms and conditions contained in the
Agreement shall remain in full force and effect unless and until modified in
writing and signed by the parties.
If the aforementioned is accepted and agreed to, please indicate same by
affixing your signature below, and together with ours shall represent the entire
agreement.
Sincerely,
ASTOR CAPITAL, INC.
By: /s/ Xxx Xxxxxxxx
------------------------------------
Its: MANAGING PARTNER
Accepted, Understood & Agreed:
UNIVERSAL DETECTION TECHNOLOGY, INC.
By: /s/ Xxxxxxx Xxxxxx
------------------------------------
Its: CHIEF EXECUTIVE OFFICER
