Exhibit 99.4
AMENDMENT TO THE INVESTMENT AGREEMENT
This Amendment to the Investment Agreement is made as of the 27th day of
September 2007.
BETWEEN
GLOBAL WATAIRE, A NEVADA CORPORATION (THE "COMPANY")
AND
DUTCHESS PRIVATE EQUITIES FUND, LTD. (THE "INVESTOR")
WHEREAS, THE COMPANY AND THE INVESTOR DESIRE TO AMEND THE INVESTMENT AGREEMENT
DATED AUGUST 24, 2007.
WHEREAS, THE COMPANY AND THE INVESTOR DESIRE TO AMEND THE INVESTMENT AGREEMENT
TO REMOVE LANGUAGE REGARDING THE COMPANY'S RIGHT TO WITHDRAW THAT PORTION OF THE
PUT THAT IS BELOW THE MINIMUM ACCEPTABLE PRICE, AS DEFINED WITHIN THE INVESTMENT
AGREEMENT.
NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL COVENANTS CONTAINED IN THIS
AMENDMENT TO THE INVESTMENT AGREEMENT, AND FOR OTHER GOOD AND VALUABLE
CONSIDERATION (THE RECEIPT AND ADEQUACY OF WHICH ARE HEREBY ACKNOWLEDGED, THE
COMPANY AND THE INVESTOR AGREE AS FOLLOWS:
1) SECTION 2(C) COMPANY'S RIGHT OF WITHDRAWAL SHALL BE REMOVED.
2) ALL TERMS WITHIN SECTION 2 OF THE INVESTMENT AGREEMENT SHALL BE
ADJUSTED TO REFLECT THE APPROPRIATE REFERENCE SECTION.
3) ALL OTHER TERMS OF THE INVESTMENT AGREEMENT SHALL REMAIN IN FULL FORCE
AND EFFECT.
GLOBAL WATAIRE INC.
BY: /S/ XXXXXX XXXXXXX,
--------------------------
XXXXXX XXXXXXX, C.E.O.
DUTCHESS PRIVATE
EQUITIES FUND, LTD.
BY: /S/ XXXXXXX XXXXXXXX
--------------------------
TITLE: DIRECTOR
