EXHIBIT 10.5
JADE WEST INVESTMENT LIMITED
c/o Trident Trust Company (B.V.I.) Limited
X.X. Xxx 000, Xxxx Xxxx, Xxxxxxx
Xxxxxxx Xxxxxx Xxxxxxx
December 15, 2000
VIA FACSIMILE
XXXxxxxx.xxx Inc.
#0000 - 0000 X. Xxxxxxxx Xx.
Xxxxxxxxx, Xxxxxxx Xxxxxxxx
X0X 0X0
Attention: Xxxxx Xxxxxxxx
Dear Sirs/Mesdames:
RE: SUBSCRIPTION AGREEMENT BETWEEN XXXXXXXX.XXX INC. ("SUMMEDIA") AND JADE WEST
INVESTMENT LIMITED ("JADE WEST") DATED DECEMBER 4, 2000 (THE "SUBSCRIPTION
AGREEMENTS")
We hereby agree to extend the Closing Date (as defined in the Subscription
Agreement) from December 15, 2000 to December 22, 2000. Additionally, we agree
to amend section 1.1 of the Subscription Agreement by changing the date that
notice is to be provided by SUMmedia to Jade West of the bank account the funds
are to be wired to from December 12, 2000 to December 22, 2000.
All the terms and conditions as set out in the Subscription Agreement remain the
same except as specifically amended in this letter.
Our agreement to amend the Subscription Agreement is subject to your confirming
your agreement with the foregoing by signing a copy of this letter and returning
it to us at fax no. 000-000-0000-0000 with a copy faxed to our legal counsel,
Alexander, Holburn, Xxxxxxx & Xxxx at (000) 000-0000, Attention: Xxxx Xxxxxx.
Yours truly,
JADE WEST INVESTMENT LIMITED
Per:
/s/
-------------------------
Acknowledged and agreed to this 15th day of December, 2000 by the authorized
signatory of XXXxxxxx.xxx Inc.
XXXXXXXX.XXX INC.
Per: /s/ XXXXX XXXXXXXX
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Xxxxx Xxxxxxxx
