FIRST AMENDMENT TO PROMISSORY NOTE BETWEEN FLINT TELECOM GROUP, INC. AND CHINA VOICE HOLDING CORP.
Exhibit
4.3
FIRST
AMENDMENT TO
PROMISSORY
NOTE
BETWEEN
FLINT
TELECOM GROUP, INC. AND
CHINA
VOICE HOLDING CORP.
This
FIRST AMENDMENT is to add and modify certain terms and conditions to that
certain Promissory Note (the “Note”) by and between Flint Telecom Group, Inc., a
Nevada Corporation (“Flint”) and China Voice Holding
Corp., a Nevada Corporation (“CHVC”) dated January 29, 2009.
Unless
otherwise indicated, terms used herein that are defined in the Note shall have
the same meanings herein as in the Note.
The
parties hereto agree to add the following language to the end of Section 2(a) of
the Note:
“A
portion equal to one million dollars (USD$1,000,000) of the balance due on the
Note shall be paid by Maker through a payment of seven hundred twenty one
thousand pound sterling (GBP£721,000)
on or before December 31, 2010, regardless of whether the U.S. dollar
strengthens or weakens in relation to the GBP pound sterling during the term of
the Note and whether there is therefore a foreign currency translation gain or
loss for either party.”
Except as
herein modified, all the terms and conditions of the above referenced Note shall
remain in full force and effect. In the event of any conflict between
the Amendment and the Note, the provisions of this Amendment shall
prevail.
The
parties hereby agree that signatures transmitted and received via facsimile or
other electronic means shall be treated for all purposes of this Amendment as
original signatures and shall be deemed valid, binding and enforceable by and
against both parties.
BOTH
PARTIES HERETO REPRESENT THAT THEY HAVE READ THIS AMENDMENT, UNDERSTAND IT,
AGREE TO BE BOUND BY ALL TERMS AND CONDITIONS STATED HEREIN, AND ACKNOWLEDGE
RECEIPT OF A SIGNED, TRUE AND EXACT COPY OF THIS AMENDMENT.
IN WITNESS WHEREOF, the
parties hereto have agreed to amend the terms and conditions of the Amendment on
the day, month and year first written above.
IN
WITNESS WHEREOF, each of the Parties has caused this Amendment to be executed on
its behalf by its duly authorized officers as of the day and year first written
above.
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FLINT
TELECOM GROUP, INC.
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CHINA
VOICE HOLDING CORP.
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/s/ Xxxxxxx Xxxxxx
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/s/ Xxxx Xxxxxxx
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By:
Xxxxxxx Xxxxxx
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By:
Xxxx Xxxxxxx
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Its:
CEO
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Its:
President
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Date:
March 16, 2009
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Date:
March 16,
2009
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