EX-10.14.11 - Agreement dated February 21, 2001 regarding extension of maturity
February 21, 2001
Xx. Xxxxx X. Xxxx, Managing Member
Encore Capital Management, L.L.C.
00000 Xxxxxxx Xxxxxx Xxxxx, Xxxxx 000
Xxxxxx, Xxxxxxxx 00000
Dear Xx. Xxxx:
Thank you for your willingness to extend the due date for the three million
dollars ($3,000,000.00) principal on Convertible Debentures agreement issued by
Eurotech to JNC Opportunity Fund, Ltd. The following are terms agreeable to
EUROTECH, Ltd. that have been orally agreed upon between us are formally
proposed as amendments to the outstanding Debentures:
That the Convertible Debenture with original due date of February 23,
2001 be extended one year to February 23, 2002.
That other terms and conditions of the Convertible Debenture remain as
agreed in previous agreements and are likewise extended to
February 23, 2002.
Your cooperation is greatly appreciated as it continues to be vital to EUROTECH,
Ltd. success in delivering EKOR.
Sincerely,
/S/ Xxx X. Xxxxxxxxx
-------------------------
Xxx X. Xxxxxxxxx
President, EUROTECH, Ltd.
Agreed and accepted by:
Xxxxx X. Xxxx, Encore Capital Management, L.L.C./ date
