EXHIBIT 10.8
XXXXXXX X. XXXXXXX
0000 XXXXXX XXX
XXXXXXXXXXX, XX 00000
November 20, 2003
Xxxxxx X. Xxxxx, Xx.
President
Syndicated Food Service International, Inc.
X.X. Xxx 0000
Xxxxx Xxxxx, XX 00000
Dear Xxx:
The purpose of this letter is to confirm the agreement reached between
Xxxx Xxxxx, Sr. and myself this past Saturday regarding the Extension and
Exchange Agreement ("Agreement") entered into by and between my wife, Xxxxx, and
myself and Syndicated Food Service International, Inc. and affiliates (the
"Company").
Based upon and subject to our receipt of $289,000, which Iain has agreed
to provide to the Company, which will in turn make the payment to us, we agreed
to extend the Put Period as defined in the Agreement from November 30, 2003
until March 31, 2004. The $289,000 will be applied against the $233,210
principal payment due on January 1, 2003 pursuant to the $1,266,420 Promissory
Note, plus accrued interest thereon.
As you and I discussed, this extension will in no way change any of the
other terms and conditions of the Agreement. Please confirm the foregoing on
behalf of the Company and affiliates by countersigning in the space provided
below and return a countersigned copy of this letter to me. Upon receipt of you
countersignature, the Agreement will be deemed amended as provided above.
Respectfully,
Xxxxxxx X. Xxxxxxx
CAB/pag
Cc: Xxxx Xxxxx, Sr.
CONFIRMED this ____ day of November, 2003.
----------------------------
Xxxxxx X. Xxxxx, Xx. for Syndicated Food Service
International, Inc., Xxxxxxx Food Service,
Inc. and Syndicated Bloomington I LLC
