1
Exhibit 10.21
June 28, 1996
Xxxxxxxxx Limited
Xxxxxxx Xxxxx Xxxxxx
Xxxxxx Xxxxx
Xxxxxx 0
Xxxxxxx
Gentlemen:
Reference is hereby made to the Agreement dated July 1, 1995 (the
"Agreement") by and between Aristo International Corporation (the "Company")
and Castellon Limited ("Xxxxxxxxx") and will evidence the intention of the
Company and Xxxxxxxxx to amend the terms thereof as is hereinafter set forth.
The term of the Agreement shall be extended for a period of one (1)
year, from July 1, 1996 to June 30, 1997.
The minimum amount of capital to be raised by Xxxxxxxxx during the
balance of calendar 1996 shall be increased from $750,000 to $1,000,000.
Except as expressly set forth above, the Agreement shall remain and
continue in full force and effect, including the designation of Xx. Xxxxxx
Xxxxxxxx to be the person that will perform the duties of Xxxxxxxxx thereunder,
and the parties hereby ratify and confirm the terms thereof as though set
forth herein in their entirety.
Please indicate your agreement to the above by executing this letter
agreement in the space provided below.
Artisto International Corporation
by /s/ Xxxxxx Xxxxx
---------------------------------
Xxxxxx Xxxxx
President and CEO
Consented and Agreed to by
Xxxxxxxxx Limited
by /s/ Xxxxxx Xxxxxxxx
--------------------------------
Xxxxxx Xxxxxxxx, President
