EXHIBIT 4.9
Chequemate International Inc August 8, 2000
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▇▇▇▇▇▇ ▇▇▇ ▇▇▇, ▇▇. 90292
Attn: ▇. ▇▇▇▇▇▇▇ ▇▇▇▇ CEO
cc. ▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇▇
This letter is to confirm our phone conversation today between ▇▇▇▇ ▇▇▇▇▇▇▇ and
myself. We have agreed on the following in order to close the purchase of the
United Business Services ("UBS") assets by Chequemate ("C-3D"). The parties
agreed to the following amendments.
i. The remaining purchase price of the assets is $940,000.
ii. Chequemate will immediately deliver to the UBS a certificate
for 200,000 restricted shares and immediately file a
registration statement (S-3) with respect to those shares.
Chequemate will complete this registration no later than 45
days after receipt of shares.
iii. In addition, Chequemate will immediately deliver 440,000
restricted C-3D shares (144 stock). The holding period for
these shares will begin on the date of April 14, 2000
Chequemate will also deliver to UBS a letter from C-3D's
Securities attorney opinion letter to on or before April 14,
2001 for the removal of the 144 restrictions.
b. Chequemate at its option may repurchase any of the 144 stock from UBS at a
rate of $l.50 per share up and until April 14, 2001.
Signed: Signed:
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President United Business Services CEO Chequemate International Inc
