FUND.COM INC. New York, New York 10004Letter Agreement • January 26th, 2010 • FUND.COM Inc. • Services-management consulting services • Delaware
Reference is made to the revolving credit loan agreement, dated as of July 27, 2009 (the “Loan Agreement”), among Fund.com Inc. (“Fund.com”) and IP Global Investors Ltd (“IPG”) and Equities Media Acquisition Corp. Inc. (“EMAC” and with IPG, collectively, the “Lenders”). This will confirm that through and including the date hereof, the Lenders have paid in cash to Fund.com the aggregate sum of $2,500,000 which sum is evidenced by a $2,500,000 one year senior secured convertible note of Fund.com issued in August 2009 (the “Note”).
