EXHIBIT 10.4(A)(1)
EXTENSION AGREEMENT
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30 DAY OF APRIL 2004
THIS WILL CONFIRM OUR UNDERSTANDING AS OF APRIL 30, 2004 THAT THE
FINANCIAL ADVISORY AGREEMENT BETWEEN IPORUSSIA, INC. AND JOINT STOCK COMPANY
BANK ELEKTRONIKA, DATED APRIL 30, 2002, IN ACCORDANCE WITH PARAGRAPH 4 THEREOF,
IS HEREBY RENEWED AND EXTENDED, ON THE SAME TERMS AND CONDITIONS THEREOF, FOR A
PERIOD OF TWENTY-FOUR (24) MONTHS, COMMENCING ON APRIL 30, 2004, AND TERMINATING
APRIL 30, 2006.
THE PARTIES HAVE DULY EXECUTED THIS EXTENSION AGREEMENT AS OF THE DAY
AND YEAR FIRST ABOVE WRITTEN.
IPORUSSIA, INC.
BY: /S/ XXXXXXXX X. XXXXXXXXX
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XXXXXXXX X. XXXXXXXXX
PRESIDENT AND CHIEF EXECUTIVE OFFICER
JOINT STOCK COMPANY BANK ELEKTRONIKA
BY: /S/ XXXXXXXX XXXXXXX
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XXXXXXXX XXXXXXX
CHAIRMAN OF THE BOARD
