EXHIBIT 4.19
AMENDMENT NO. 4
TO
DEBENTURE
ISSUANCE DATE November 20,2003
CONVERTIBLE DEBENTURE DUE June 30,2005 (as amended)
AMOUNT Up to $ 2,500,000.00 (as amended)
This Amendment No. 4 to Debenture, dated March 2, 2005, is made by and
between AccuPoll Holding Corp., a Nevada corporation ("AHI"), Xxxxxx Xxxxxx
("Vadura"), AccuPoll, Inc., a Delaware corporation ("API," and, together with
Vadura and AHI, the "Company"), and Xxxxxxxxxx Investments, Ltd. (the "Holder").
Extension of Maturity Date:
The Maturity Date of the Debenture is hereby extended to June 30, 2005.
Extension Fee:
The Company hereby acknowledges and agrees that the current principal and
interest balance of the note, as of March 1, 2005, is $1,057,279.99. The Company
hereby agrees to pay the sum of $105,728 in consideration of the extension set
forth above. Such amount will be added to the balance of the Debenture as of the
date hereof.
Consent and Acknowledgement:
The Company, and each of them, hereby consent to, and acknowledge full force and
effectiveness of this Amendment No. 4 to the Debenture. The Parties
acknowledge that the holder hereof verbally agreed to waive any default as a
result of the lapse of the maturity date hereof on December 3 1, 2004, and to
negotiate an appropriate extension.
IN WITNESS WHEREOF, the Company has duly executed this Amendment No. 4
to Debenture as of March 1, 2005.
ACCUPOLL HOLDING CORP. Xxxxxxxxxx Investments, Ltd.
ACCUPOLL, INC.
By /s/ Xxxxxx Xxxxxx By:
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Xxxxxx Xxxxxx Name:
Chairman and CEO Title:
Acknowledgement and Consent:
XXXXXX XXXXXX
/s/ XXXXXX XXXXXX
---------------------------------
Xxxxxx Xxxxxx, an individual
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