FIRST ADDENDUM TO PROMISSORY NOTE
EXHIBIT
4.3
FIRST
ADDENDUM TO
PROMISSORY
NOTE
This
First Addendum to the Promissory Note dated January 15, 2008 is made as of
this
9th
day of
July, 2008, by and between ICC WORLDWIDE, Inc., a Delaware Corporation (“Maker”)
and THE ADAMAS FUND, LLLP (formerly The Black Diamond Fund, LLLP), a Minnesota
limited liability, limited partnership (“Holder”).
Paragraph
2a(1) is added as follows:
2a(1).
Notwithstanding the above, starting in June, 2008 and continuing through the
remaining months during which only payments of interest are otherwise due,
the
interest due each month shall accrue if unpaid and shall be added to the
principal and any accrued but unpaid interest for purposes of calculating the
amount of interest due each month.
The
parties agree that the interest otherwise due on June 15, 2008, which has not
been paid as Maker and Holder have been considering this Addendum, is not
considered late or unpaid for purposes of Paragraph 6a of the Note.
/s/
Xxxxxxx X Xxxxx
Xxxxxxx
X. Xxxxx
President
and Chief Executive Officer
