Contract
Exhibit
10.5
 |
000
Xxxxx Xxxxxxxx Xxxxxx, Xxxxx 000
Xxx
Xxxxxxx, XX 00000
Tel.:
(000) 000-0000 Fax: (000) 000-0000
xxx.xxxxxxxxxxxxxxx.xxx
|
June
8,
2006
Guru
Denim Inc.
0000
Xxx
Xxxxx Xxxxxx
Xxx
Xxxxxxx, XX 00000
ATTN:
Xx.
Xxxxxxx Xxxxxx
Gentlemen:
Reference
is made to the Discount Factoring Agreement of 12/2/2004, as amended. The
contract is further amended as follows:
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Effective
July 1, 2006:
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|||
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Factoring
Commission
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From
.65 to .60%
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EXTENSION
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To
12/2/2007
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All
other
terms and conditions of the above Discount Factoring Agreement remain
unchanged.
Please
indicate your acceptance by signing in the space provided, and returning the
original to me.
The
copy
is for your file.
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Very
truly yours,
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/s/
Xxxxxx Xxxxxxx
XXXXXX
XXXXXXX
|
||
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Senior
Vice President
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READ
AND AGREED:
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GURU
DENIM INC.
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/s/
Xxxxxxx Xxxxxx
XXXXXXX
XXXXXX
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President
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