Exhibit10.14 WILLIAMSON & RUSNAK ATTORNEYSAT LAW

EX-10.14 15 ex10-14.htm LETTER AGREEMENT BETWEEN CALYPSO WIRELESS, INC. AND DRAGO DAIC ex10-14.htm
Exhibit 10.14
 
WILLIAMSON & RUSNAK
ATTORNEYS AT LAW
 
*JIMMY WILLIAMSON, P.C.
     A PROFESSIONAL CORPORATION
  CYNDI MOSS RUSNAK
 
 
*CERTIFIED PERSONAL INJURY TRIAL LAW
  TEXAS BOARD OF LEGAL SPECIALIZATION
 
  4310 YOAKUM BOULEVARD
HOUSTON, TEXAS 77006-5818
 
www.jimmywilliamson.com
_____________
 
AREA CODE 713
TELEPHONE ###-###-####
FAX ###-###-####
 
April 23, 2008
 
Via Email
David Loev
The Loev Law Firm
6300 West Loop South, Suite 280
Bellaire, Texas 77401
 
Re:    Cause No. 2004-63048 - Drago Daic, et al v. Calypso Wireless, Inc., et al - In the 151st Judicial District Court of Harris County, Texas

Dear Mr. Loev:

This will confirm that we have agreed that the following promissory notes attached to the Settlement Agreement with Calypso Wireless, Inc. will be due upon the following dates:

Exhibit A-1:     $900,000 Promissory Note due on May 15, 2008

Exhibit A-2:     $350,000 Promissory Note due on June 14, 2008

Exhibit A-3:     $1,000,000 Promissory Note due on April 15, 2009

We understand that these due dates are more than the 30 days, 60 days, and one year, from the date the notes were signed and so there will be no confusion, we have agreed to give Calypso extra time provided these notes are paid pursuant to the above schedule.

Please sign this letter to acknowledge our agreement.
     
 
Sincerely,
     
    /s/ Cyndi M. Rusnak
 
Cyndi M. Rusnak
     
AGREED:
   
     
_______________________
 
/s/ Richard Pattin
David Loev
 
Richard Pattin
Attorney for Calypso Wireless, Inc.
 
President of Calypso Wireless, Inc.
     
___________
 
April 22, 2008
Date
 
Date
 
cc:
Brian Zimmerman
Via Facsimile
 
Drago Daic
Via Regular Mail