PROMISSORY NOTE AMENDMENT AGREEMENTNote Amendment Agreement • May 31st, 2006 • Global Matrechs, Inc. • Patent owners & lessors
THIS AGREEMENT made as of this 24th day of May, 2006, among Global Matrechs, Inc. a Delaware corporation (the “Issuer”), MacNab LLC, a Cayman Islands limited liability company, and Southridge Partners LP, a Delaware limited partnership (MacNab LLC and Southridge Partners LP hereinafter the “Holders”). Each capitalized term used but not defined herein shall have the meaning assigned in the Notes (as defined below). The terms and conditions of the Notes, except as modified by this Amendment, remain in full force and effect.
