Xxxxxxx Xxxxx International Bank Limited
00 Xxxxxxx Xxxxxx
Xxxxxx, XXXX 0XX
March 13, 1997
Fotoball USA, Inc.
Mr. Xxxxx Xxxxxxx
0000 Xxxxxx Xxxx
Xxx Xxxxx, XX 00000
Re: US$3,000,000.00 Facility Agreement
(dated December 20, 1995)
Dear Xx. Xxxxxxx:
We are writing to give notice to Fotoball USA, Inc. (the "Client") of the
following:
The Maturity Date will be extended until December 10, 2001.
This letter is and shall be part of the "Agreement" as defined in the Term
Sheet forming part of the above Facility Agreement. Kindly acknowledge
receipt of this letter by signing and returning the enclosed copy.
Yours faithfully,
For and on behalf of
Xxxxxxx Xxxxx International Bank Limited
/s/ Xxxx Xxxxx
-------------------
I/We acknowledge receipt of your letter.
Signed, Client: /s/ Xxxxx X. Xxxxxxx Date: 3/27/97
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FOTOBALL USA, INC.
Xxxxxxx Xxxxx International Bank Limited is regulated by The Securities
and Futures Authority Limited