ACTIS Global Ventures, Inc.. Carlsbad, CA 92008 April 2, 2007
Exhibit
10.34
ACTIS
Global Ventures, Inc..
0000
Xxxxx Xxxxx, Xxxxx 000
Xxxxxxxx,
XX 00000
April
2,
2007
Sujon
Limited
14
Hackwood,
Robertsbridge,
Xxxx Xxxxxx,
XX
00
0XX
Xxxxxx
Xxxxxxx
Re: ACTIS
Global Ventures, Inc.(the
“Company”) -Second Amendment of Note
Ladies
and Gentlemen:
This
letter sets forth the agreement of the parties hereto to amend the due date
of
the promissory note dated October 19, 2006. By execution hereof, for good and
valuable consideration the receipt and sufficiency of which is hereby
acknowledged, the parties hereto agree that:
|
1.
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Upon
the signing of this amendment by Sujon Limited, ACTIS Global Ventures,
Inc. (ACTIS) will make a $25,000 payment to be applied against the
existing principal leaving a balance due of $175,000 plus interest
from
the date of the note, and will issue an additional 1,000,000 restricted
shares of common stock.
|
|
2.
|
The
due date of the promissory note is hereby amended, effective April
2,
2007, to be June 4, 2007.
|
|
3.
|
All
other provisions of the promissory note shall remain in full force
and
effect.
|
The
parties shall do and perform, or cause to be done and performed, all such
further acts and things, and shall execute and deliver all such other
agreements, certificates, instruments and documents, as the other parties hereto
may reasonably request in order to carry out the intent and accomplish the
purposes of this letter agreement, including without limitation the issuance
of
an amended promissory note.
Please
signify your agreement with the foregoing by signing a copy of this letter
where
indicated and returning it to the undersigned.
Sincerely,
ACTIS
Global Ventures, Inc.
/s/
XXX X. XXXXX, XX.
By:
Xxx
X. Xxxxx, Xx.
Title:
Chief Executive Officer
ACCEPTED
AND AGREED:
Sujon
Limited
/s/
X. XXXXX
By:
X.
Xxxxx, Authorized Signatory
