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EXHIBIT 10.1.1
This memorandum will serve to amend and clarify the agreement between Access
Health Alternatives, Inc. (the "Company"), and Xxxxxx Xxxxxxx, dated as of
January 1, 1999 (the "Agreement"), as follows:
1. The Company's 1-for-10 reverse stock split declared March 1999 shall be
given retroactive effect, such that the number of shares of the
Company's common stock to be issued under the Agreement shall be
100,000 post split shares, to be issued as of January 1, 1999; 100,000
post split shares, to be issued on January 1, 2000; and 100,000 post
split shares, to be issued on January 1, 2001, subject to all other
terms and conditions set forth in the agreement; and
2. The shares to be issued under the Agreement on January 1, 2000, and on
January 1, 2001, respectively, shall not be issued in escrow, but,
rather, shall remain authorized, reserved but unissued until the
respective issuance dates.
This memorandum has been approved and accepted by Xxxxxx Xxxxxxx and by the
Company as of October 1, 1999.
ACCESS HEALTH ALTERNATIVES, INC.
//s// Xxxxxx X. Xxxxxx, President
//s// Xxxxxx Xxxxxxx