JOINT DIRECTION TO RELEASE PLEDGED INTERESTS FROM ESCROW
EXHIBIT 10.11
JOINT DIRECTION TO RELEASE PLEDGED INTERESTS FROM ESCROW
July 30, 2010
Xxxx Xxxx Xxxxx, Esq.
Xxxxx & Associates
000 Xxxxx Xx.
Calabasas, CA 91302
Dear Xx. Xxxxx:
Reference is made to that certain Stock Pledge and Escrow Agreement (the “Agreement”) dated April 1, 2010, by and between AMHN, Inc., a Nevada corporation (“AMHN”), Seatac Digital Resources, Inc. (“Seatac”) and Xxxxx & Associates, pursuant to which Xxxxx & Associates is holding in escrow a certain certificate representing shares of stock (the “Pledged Interests”) of AMHN’s subsidiary, America’s Minority Health Network, Inc.
Notwithstanding anything to the contrary in the Agreement, the undersigned, AMHN and Seatac, hereby give this joint written instruction to Xxxxx & Associates to deliver, as soon as practicable, from the escrow established pursuant the Agreement, share certificate number 7 representing 1,000 shares of common stock of America’s Minority Health Network, Inc. Upon delivery of the foregoing, the undersigned hereby release Xxxxx & Associates from any further obligation under the Agreement. The undersigned further agree to indemnify and hold Xxxxx & Associates harmless for any action taken in accordance with this joint written instruction.
Sincerely,
| /s/ Robert Cambridge | ||
| By: |
| |
| Robert Cambridge, Chief Executive Officer |
SEATAC DIGITAL RESOURCES, INC.
| /s/ Xxxxx Xxxx | ||
| By: |
| |
| Xxxxx Xxxx, President | ||
| Acknowledged and Agreed: | ||
AMERICA’S MINORITY HEALTH NETWORK, INC.
| /s/ Xxxxxxxx Xxxxx | ||
| By: |
| |
| Xxxxxxxx Xxxxx, Chief Executive Officer |
