PAYOFF, AMENDMENT AND SETTLEMENT AGREEMENTPayoff, Amendment and Settlement Agreement • July 7th, 2009 • Medialink Worldwide Inc • Communications services, nec
Contract Type FiledJuly 7th, 2009 Company IndustryThis Payoff, Amendment and Settlement Agreement (the “Agreement”) is made and entered into as of June 30, 2009, by and between Medialink Worldwide Incorporated, a Delaware corporation (the “Company”) and the undersigned holder (the “Holder”) of the Company’s Variable Rate Convertible Debenture, as amended, due June 30, 2010 (the “Debenture”). Capitalized terms used but not defined herein have the same meanings ascribed to them in the Purchase Agreement (defined below), the Amendment (defined below), the Warrants (as defined below), or the Debenture.