Promissory Note Amendment
Exhibit
4.2
June 11,
2010
Xxxxxxx
Communications, Inc.
00000
Xxxxxxxxxx Xxxxxx
Xxxxx
Creek, Georgia 30097
Promissory Note
Amendment
Gentlemen:
Xxxxxxx Communications, Inc.,
a Georgia corporation ("Borrower") and Xxxxx X. Xxxxxxx (“Lender”)
have entered into an unsecured Promissory Note, dated October 1, 2009
(“Promissory Note”), as
amended, in the amount of two hundred and fifty thousand dollars ($250,000) with
a maturity date of October 31, 2009, bearing interest at an annual rate of
8.0%.
NOW, THEREFORE, in consideration of the
foregoing recitals, the mutual covenants and agreements set forth herein and
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the Borrower and the Lender hereby agree to amend the
Promissory Note as follows:
The
maturity date of the Promissory Note is hereby extended to September 10,
2010.
By: /s/ Xxxxx X.
Xxxxxxx
Name: Xxxxx X. Xxxxxxx
Accepted
and agreed to this
11th day
of June, 2010.
XXXXXXX
COMMUNICATIONS, INC.
By: /s/
Xxxxx
Xxxxxxxx
Name: Xxxxx Xxxxxxxx
Title:
Treasurer and CFO
Accepted
and agreed to this
11th day
of June, 2010
