AMENDMENT NO. 1 TO SECURITIES PURCHASE AGREEMENT
This Amendment No. 1 to Securities Purchase Agreement, dated as of
October 22, 2004, shall serve to amend the Securities Purchase Agreement (the
"Agreement"), dated as of June 18, 2004, by and among Stronghold Technologies,
Inc., a Nevada corporation, with its headquarters located at 000 Xxxxx Xxxx,
Xxxxxxx Xxxxx, Xxx Xxxxxx 00000, and each of the Buyers set forth in the
Agreement.
1. The undersigned parties hereby agree to amend Section 4(l) of the
Agreement to provide that the Buyers will fund $350,000 of the subsequent
investment referred to in that section on the date hereof, with the remaining
$650,000 to be funded as provided in the Agreement.
2. All other provisions of the Agreement shall remain in full force
and effect.
[Signature Page Follows]
ACCEPTED AND AGREED:
STRONGHOLD TECHNOLOGIES, INC.
By:
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Xxxxxxxxxxx X. Xxxxx
President and Chief Executive Officer
AJW PARTNERS, LLC
By: SMS Group, LLC
By:
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Xxxxx X. Xxxxxxxx
Manager
AJW OFFSHORE, LTD.
By: First Street Manager II, LLC
By:
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Xxxxx X. Xxxxxxxx
Manager
AJW QUALIFIED PARTNERS, LLC
By: AJW Manager, LLC
By:
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Xxxxx X. Xxxxxxxx
Manager
NEW MILLENNIUM CAPITAL PARTNERS II, LLC
By: First Street Manager II, LLC
By:
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Xxxxx X. Xxxxxxxx
Manager
