EXHIBIT 10.8
AMENDMENT TO LOAN AGREEMENT
THIS AMENDMENT TO LOAN AGREEMENT (the "Amendment) is entered into as
of June 15, 1999, by and among STRATEGICUS PARTNERS, INC., an Oregon
corporation ("Borrower"), and NETVALUE HOLDINGS, INC., a Delaware corporation
("Lender") .
On May 28, 1999, the parties executed and delivered a Loan Agreement
(the "Agreement"). This Amendment modifies certain of the terms and conditions
contained in the Agreement.
NOW THEREFORE, the parties agree as follows:
1. Defined Terms. Unless given a different meaning herein, all capitalized
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terms used in this Amendment shall have the meanings ascribed to them in the
Agreement.
2. Continuing Effectiveness. Except as expressly modified herein, all of the
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terms, conditions, covenants and exhibits set forth in the Agreement remain in
full force and effect among the parties.
3. Guaranty. In lieu of Xxxxx Xxxxxx granting a security interest in the
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Xxxxxx Collateral, Borrower and Lender agree that Xxxxx Xxxxxx may instead
provide a Guaranty of Xxxx Xxxxxx in form and substance acceptable to Lender.
The execution and delivery of the Guaranty of Xxxx Xxxxxx shall be a condition
precedent to disbursement of the loan in the sum of $267,000 to Xxxxx Xxxxxx.
IN WITNESS WHEREOF, the parties have executed this Amendment as of the
date first written above.
BORROWER: LENDER:
STRATEGICUS PARTNERS, INC. NETVALUE HOLDINGS, INC.
00000 XX Xxxxxxxxxx Xxxxxxx, #000 Two Xxxx Xxxxxx Xxxxx, Xxxxx 000
Xxxxxxxxx, XX 00000 Xxxxxxxxxxxx, XX 00000
Fax No.: (000) 000-0000 Fax No.: (000) 000-0000
By:______________________________ By:_____________________________
Title: Xxxxxxx Xxxxx, President Title: Xxxxxx Xxxxx, President
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