AMENDMENT to FIRMINVEST AG COMMITMENT LETTER

EX-10.2 2 dex102.htm AMENDMENT TO FIRMINVEST, AG COMMITMENT LETTER DATED AUGUST 17, 2007 Amendment to Firminvest, AG Commitment Letter dated August 17, 2007

Exhibit 10.2

AMENDMENT to FIRMINVEST AG COMMITMENT LETTER

This Amendment (the “Amendment”), effective as of June 30, 2007 (the “Effective Date”), is attached to and made part of the commitment letter dated May 20, 2007 and accepted on May 21, 2007 (the “Commitment Letter”) between FirmInvest AG (“FirmInvest”) and CardioVascular BioTherapeutics, Inc., a Nevada corporation (“Cardio”) regarding a foreign private placement being conducted under Regulation S of the Securities Act of 1993 to sell 15,000,000 shares of common stock of CardioVascular BioTherapeutics, Inc. at US$1.00 per shares (the “Reg S Offering”).

WHEREAS, Cardio and FirmInvest desire to amend certain terms of the Commitment Letter and enter into this Amendment to reflect the new term agreed upon between the parties.

NOW THEREFORE, in consideration of the mutual covenants contained in this Amendment, for valuable consideration the sufficiency of which is acknowledged, it is hereby agreed and stipulated as follows:

1. The date in the second paragraph of the Commitment Letter shall be revised from June 29, 2007 to September 28, 2007, such that the due date for the balance of the Reg S Offering shall be extended to September 28, 2007.

All other terms in the Commitment Letter shall remain in full force and effect.

IN WITNESS WHEREOF, the parties signing hereto execute this Amendment as of the Effective Date.

 

FirmInvest AG  

CardioVascular BioTherapeutics, Inc.

A Nevada Corporation

By: /s/ Frederic Chanson                                                                By: /s/ Mickael A. Flaa                                                                 
Print Name: F. Chanson                                                                    Print Name: Mickael A. Flaa                                                         
Title: CEO                                                                                         Title: Chief Financial Officer                                                         
Date: August 17, 2007                                                                    Date: August 16, 2007                                                                     

 

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