EXHIBIT 10.36
CONTRACT
between
Medfield Investment S.A.
Panama City, Panama
as Investor
and
UTG Communications International, Inc.
00 Xxxxxxx Xxxxxx, Xxxxxxxxxx, Xxx Xxxxxx 00000, XXX
as Seller
Referring to the Subscription Agreement dated January 16, 1998, both parties
hereby agree and confirm to extend the terms of this agreement so that the
Investor and the Seller can call the options until July 31, 1999 and that the
Investor can buy the shares until that time.
All other clauses and conditions in the Agreement remain the same.
The Seller The Investor
UTG Communications International, Inc. Medfield Investment S.A.
Date: June 30, 1999 Date: June 30, 1999
Signature: /s/ Xxxx Xxxxx Signature: /s/ X. Xxxxxxxx
