Exhibit 10.2.1
XXXXXX.XXX, INC.
000 Xxxxxxx Xxxxxx
Xxxxx 000
Xxxxxx Xxxx, Xxx Xxxx 00000
(000) 000-0000
October 5, 1999
Via Fax
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Xx. Xxxxxx Xxxxxx
The International Investment Group
00 Xxxxx Xxxxxx, 00xx xxxxx
Xxx Xxxx, XX 00000
Re: Extension and Waiver
Dear Xxxxxx:
This letter will confirm your agreement, on behalf of the following
entities, to waive, prospectively, until December 5, 1999 an "Event of
Default", if any, (as defined in the respective Debentures) in connection
with the Debentures relating to the common stock of the company being
suspended from an exchange or over-the-counter market:
1. 6% Convertible Subordinated Debenture due September 1, 2003
- Spiga Limited
- International Investment Group Equities Fund N.V.
- New Millennium FSG Ltd.
2. 5.75% Convertible Subordinated Debenture due February 1, 2009
- Casa di Cura Dr. Podorzoli Spa
Please acknowledge your agreement with the above by signing in the space
below, then faxing and mailing the signed copy to me.
Sincerely,
/s/ Xxxxxx X. Xxxxxxxx
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Xxxxxx X. Xxxxxxxx
AGREED AND ACKNOWLEDGED
ON BEHALF OF THE ABOVE
LISTED ENTITIES
/s/ Xxxxxx Xxxxxx
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Xxxxxx Xxxxxx
