EXHIBIT 10.26
[PHOENIX GROWTH CAPITAL CORP. LETTERHEAD]
September 27, 1999
Xx. Xxxxx Xxxx
Newgen Results Corporation
00000 Xxxx Xxxxx Xxxxx
Xxxxx 000
Xxx Xxxxx, XX 00000
Dear Xxxxx:
We are pleased to renew and extend our equipment finance commitment. The
commitment renewal is for $644,295. All terms and conditions of the Master
Equipment Lease Agreement remain in effect except the following:
1. Commitment period extended to December 31, 1999.
2. First and last month's rent is due and shall be payable in advance at each
funding.
This letter does not amend Schedules which have already been funded.
If you are in agreement with the aforementioned extension, please have a
person authorized to sign on behalf of your company sign and date this
amendment letter and return it to my attention at Phoenix Growth Capital,
0000 Xxxxxx Xxxx, Xxx Xxxxxx, XX 00000. Upon receipt of the original of this
letter, we shall proceed with your new equipment financing requirements.
PHOENIX LEASING INCORPORATED: NEWGEN RESULTS
CORPORATION:
By: /s/ Xxxxxx X. Xxxxxxxx By: /s/ Xxxxx Xxxx
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Title: VP Title: V.P. Finance & Accounting
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Date: 9/27/99 Date: 9/30/99
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