November 14, 2007Letter Agreement • July 9th, 2008 • IXI Mobile, Inc. • Communications services, nec • Delaware
Reference is hereby made to that certain Letter Agreement entered into between us on March 28, 2007 (the "March '07 Loan Agreement") pursuant to which you have agreed to lend IXI Mobile, Inc., a Delaware corporation (the "Company") an aggregate total principal amount of up to $ US$2,000,000 (the "March '07 Loan"). Such loan was guaranteed by IXI Mobile (R&D) Ltd., an Israeli limited liability company and the Company's wholly owned subsidiary (the "Subsidiary").
