Exhibit 10.35
September 23, 2002
Xx. Xxxxx Xxxx
Apt 0000
000 X. Xxxxxxxx Xxxxx
Xxxxxxx, XX 00000
Dear Xx. Xxxx:
This letter shall serve as documentation of our recent discussions in which you
have agreed to extend the maturity date the following convertible and
non-convertible notes for an additional twenty four months from their revised
maturity dates as documented per our June 27, 2001 agreement. As discussed, the
conversion feature (Section 3 of the note agreements) remains unchanged by this
extension agreement.
Date of Convertible Note Amount Revised Maturity
------------------------ ------ ----------------
October 26, 1999 $200,000 October 26, 2004
November 22, 1999 $100,000 November 22, 2004
February 18,2000 $75,000 February 18, 2005
Date of Note Amount Revised Maturity
------------ ------ ----------------
November 17, 2000 $200,000 November 17, 2004
If you are in agreement with above information, please sign below and return an
original to my attention.
Sincerely,
/s/ Xxxxxxx X. Xxxxx /s/ Xx. Xxxxx Xxxx
Xxxxxxx X. Xxxxx Agreed, Xx. Xxxxx Xxxx
Chief Financial Officer
