BAY PEAK 1 OPPORTUNITY CORP. March 11, 2011Bay Peak • November 8th, 2011 • KBS International Holdings Inc. • Retail-apparel & accessory stores • New York
This additional warrant side letter agreement (“Side Letter”) is agreed to by and among Bay Peak 1 Opportunity Corp., a Nevada corporation (the “Company”), each of the persons listed on the signature pages hereto as the “Controlling Stockholders,” and the persons and entities listed on the signature pages hereof as “Initial Holders.” The Initial Holders are, or affiliates of, holders of shares of the Company’s Common Stock, par value $0.0001 per share (the “Common Stock”). To induce the Initial Holders, or their affiliates, to participate in a financing of the Common Stock (the “Financing”), the Company and the Controlling Stockholders have agreed to certain terms and conditions for the benefit of the Initial Holders.
