STERLING
STERLING
NAIIONAL BANK
000 Xxxxxxx Xxxxxx
Xxx Xxxx, XX 00000-00
Phone; 000-0000000
Fax: 000-000-0000
Xxxxxxxx@xxx.xxx
Xxxxx La Xxxxxx
Vice President
November 5, 2015
Xx. Xxxxx XxXxxxxxx Capstone Industries, Inc.
000 Xxx Xxxxx Xxxxxxxxx-Xxxxx 000
Xxxxxxxxx Xxxxx, Xxxxxxx 00000 Dear Xx. XxXxxxxxx
Re: Amendment to Factoring Agreement
This letter will modify and amend the Financing Agreement between us dated August 27, 20 I 0, as follows:
Paragraph 11
For purpose of calculating interest, collections shall be deemed credited to your account
(4) four banking days after receipt thereof by us.
Nothing herein contained shall vary, alter or amend any provisions of said Financing Agreement between us, except as specifically provided herein.
![](https://www.sec.gov/Archives/edgar/data/814926/000093980218000024/image0.jpg)
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