First Addendum to Promissory Note between Matthew P. Dwyer and Marc Douglas

Summary

This agreement is an addendum to a promissory note originally executed by Matthew P. Dwyer in favor of Marc Douglas for $150,000. The addendum changes the maturity date of the loan to January 24, 2002. All other terms of the original promissory note remain unchanged. Both parties have agreed to this amendment as of December 16, 2002.

EX-10.4 5 doc4.txt FIRST ADDENDUM TO NOTE FIRST ADDENDUM TO PROMISSORY NOTE WHEREAS, the undersigned, MATTHEW P. DWYER (the "Maker"), has executed a promissory note dated November 22, 2002 in the original principal amount of $150,000.00 (the "Note") in favor of MARC DOUGLAS, (the "Holder"); WHEREAS, the Maturity Date under Note was February 24, 2003; WHEREAS, Maker and Holder mutually desire by this First Addendum to Promissory Note to change the Maturity Date to January 24, 2002. NOW, THEREFORE, for good and adequate consideration, the sufficiency of which is hereby acknowledged, the parties agree as follows: 1. The Maturity Date as defined in the Note shall be January 24, 2002. All other terms and conditions of the Note shall remain unchanged and in full force and effect. Executed this 16th day of December, 2002. HOLDER: MAKER: /s/ Marc Douglas /s/ Matthew P. Dwyer - ---------------------- -------------------------- Marc Douglas Matthew P. Dwyer