EXHIBIT 10.3
INDIGO SECURITIES LLC
000 XXXXX XXXXXX, 00XX XXXXX
XXX XXXX, XXX XXXX 00000
AXIOM CAPITAL MANAGEMENT INC.
000 XXXXX XXXXXX
XXX XXXX, XXX XXXX 00000
May 20, 2005
Xx. Xxxxx Xxxxxxxx
Chief Executive Officer
iCurie Labs Holdings, Ltd.
00 Xxxxxxxx Xxxxx
Xxxxxx XX0X 0XX Xxxxxx Xxxxxxx
PLACEMENT AGENT AGREEMENT EXTENSION
Dear Xx. Xxxxxxxx:
As you know, iCurie Labs Holdings, Ltd. (the "Company"), Indigo
Securities, LLC ("Indigo") and Axiom Capital Management Inc. ("Axiom" and,
severally with Indigo, the "Placement Agent") are parities to a Placement Agent
Agreement dated as of March 17, 2005 (the "PAA"). All capitalized terms not
defined herein have the meaning ascribed to them in the PAA.
Pursuant to Section 1.F.(ii) of the PAA, the Equity Offering Period would
terminate on April 30, 2005, unless extended for an additional period by
agreement of the Company and the Placement Agent.
The Company and the Placement Agent hereby agree to extend the Equity
Offering Period through June 15, 2005.
IN WITNESS WHEREOF, the parties have hereto executed this Agreement as of
the 20th day of May 2005.
INDIGO SECURITIES, LLC
By: /s/ Xxxx Xxxxxxxxx
---------------------------------
Xxxx Xxxxxxxxx, Managing Partner
AXIOM CAPITAL MANAGEMENT, INC.
By: /s/ Xxxx Xxxxxxx
---------------------------------
Xxxx Xxxxxxx, Managing Director
ICURIE LABS HOLDINGS, LTD.
By: /s/ Xxxxx Xxxxxxxx
-------------------------------------------
Xx. Xxxxx Xxxxxxxx, Chief Executive Officer
