Oiltek, Inc.
Exhibit
10(vii)
0000
Xxxxxxxxxx Xxxxxx, Xxxxx 000
Minneapolis,
MN 55439
September 10, 2008
Mud
Creek, LLC
___________________
___________________
___________________
Attn: ______________
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|
Re:
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Convertible Note dated
November 28, 2006
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Gentlemen:
Reference
is made to the Convertible Note (the “Note”) dated November 28, 2006 between Mud
Creek, LLC (the ”Payee") and Oiltek, Inc.. (the "Company") in the amount of
$5,000. This will confirm our agreement to amend the terms and
conditions of the Note as follows:
1. Article
“2” of the Note is amended to provide the that principal balance of this Note,
together with any unpaid and accrued interest thereon, shall be due and payable
in full on April 1, 2009 (the “Maturity Date”), unless earlier (A) accelerated
in accordance with the terms of the Note or (B) converted in accordance with the
provisions of Article “3” of the Note.
If the foregoing reflects your
understanding of our agreement, please acknowledge by signing
below.
Very truly yours,
By:
/s/ Xxxx
Xxxxxxx_______________
Xxxx Xxxxxxx,
President
Acknowledged
and Agreed
Mud
Creek, LLC
By: /s/
s______________________
Name:
Title:
