First Amendment to September 26, 2007 Superseding Note (Superseding May 11, 2007 Note)ICC Worldwide, Inc. • January 6th, 2009 • Computer & office equipment
This first amendment (“First Amendment”) to the September 26, 2007 Superseding Note (“Note”) is made by and between ICC Worldwide, Inc. (formerly, Torbay Holdings, Inc. and hereinafter referred to as “ICCWW”) and Nutmeg/Mercury LLLP (“Nutmeg/Mercury”). Unless otherwise defined herein, all capitalized terms used herein shall have the same meanings as ascribed to them in the Note.
THE NUTMEG GROUP, L.L.C. Northbrook, Illinois 60062ICC Worldwide, Inc. • January 6th, 2009 • Computer & office equipment • California
This will confirm our agreement that The Nutmeg Group, L.L.C., as agent for and on behalf of Nutmeg MiniFund, LLLP (“Nutmeg”) is simultaneously herewith sending to StockTrans, Inc. Attn: Laura Skorny, 44 W. Lancaster Ave., Ardmore, Pennsylvania 19003 for cancellation certificates representing an aggregate of 19,696,389 shares of common stock (the “Shares”) of ICC Worldwide, Inc. (“ICCWW”) together with signed stock powers transferring the Shares to ICCWW. In consideration for the transfer and cancellation of the Shares, ICCWW is simultaneously herewith issuing to Nutmeg a Promissory Note dated the date hereof in the principal amount of $442,502.75 in the form of Exhibit A attached hereto. The parties further agree as follows:
