TRUSTCASHTrustcash Holdings, Inc. • July 3rd, 2008 • Services-business services, nec
Company FiledJuly 3rd, 2008 IndustryAttention: Ed Kwong, President This letter will serve to acknowledge our understanding that the Outside Closing Date as described in the Agreement cannot be met. Rather than terminate the Agreement I propose we continue our efforts to meet the due diligence requirements. In addition, if and when a suitable financing proposal is accepted we can at that time redefine the Outside Closing Date to correspond with a Merger. Accepting that the above accurately details your understanding of our agreement in this regard could you please execute this letter where indicated and return same at your earliest convenience. Yours truly,