Exhibit 4.2
STATMON TECHNOLOGIES CORP.
AMENDMENT TO NOTE PURCHASE AND SHAREHOLDER RIGHTS AGREEMENT
This Amendment to the Note Purchase and Shareholder Rights Agreement dated
November 3rd, 2000 (the "Amendment") is entered into this 23rd day of August,
2001 by and among (i) Statmon Technologies Corp., a Delaware Corporation, with
its main office at 000 Xxxxx Xxxxxx Xxxxx, Xxxxx 000, Xxx Xxxxxxx, XX 00000 (the
"COMPANY"), (ii) Xxxx Xxxx (the "Purchaser") and this Agreement shall be
effective as of the date of execution hereof by the above named parties.
AGREEMENT
A. In connection with the moneys the Purchaser has advanced to date,
Purchaser has arranged for an additional $10,000, currently in hand, to be
advanced to the Company. Such advancement made to aid the Company in its
initial and ongoing sales specific operating costs. The Parties have
agreed that the additional $10,000 advanced be on the same the terms and
conditions described in the Note Purchase and Shareholder Rights Agreement
dated November 3rd, 2000; including 10,000 shares and
B. the Company has executed the attached Promissory Note (Exhibit
B)("Promissory Note"). The parties agree that the Promissory Note
principal amount be increased by $10,000 and that interest accrues as of
May 26th, 2001.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the
date first set forth above.
"THE COMPANY"
STATMON TECHNOLOGIES CORP.,
a Delaware corporation
By: /s/ Xxxxxxxx X. Xxxxxx
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Xxxxxxxx X. Xxxxxx, President
"THE PURCHASER"
/s/ Xxxx Xxxx
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Xxxx Xxxx
