Addendum to Debt Settlement Agreement Between Cascade Technologies Corp. and Mel Dick Dated August 31, 2009

Contract Categories: Business Finance › Modification Agreements
Summary

Cascade Technologies Corp. and Mel Dick have amended their previous Debt Settlement Agreement dated August 10, 2009. This addendum, effective August 31, 2009, updates the agreement to confirm that Cascade Technologies Corp. owes Mel Dick $43,763.20 as of August 10, 2009, including all accrued interest. Both parties have agreed to this revised settlement amount.

Read More Arrow
EX-10.5 5 ex105.htm AMENDMENT TO DEBT SETTEMENTSETTLEMENT AGREEMENT BETWEEN CASCADE TECHNOLOGIES CORP. AND MEL DICK DATED AUGUST 31, 2009 ex105.htm

Addendum
 
 
This addendum dated as of the 31st day of August, 2009 amends that certain Debt Settlement Agreement entered into August 10, 2009 between Mel Dick and Cascade Technologies Corp (hereinafter referred to as the “Settlement Agreement”) as follows:
 
Paragraph 1 of the Settlement Agreement shall be deleted and replaced in its entirety with the following:
 
1  
The Company confirms and acknowledges its indebtedness to the Creditor in an amount of $43,763.20 as of August 10, 2009, net of accrued interest, which accrued interest shall be included in this settlement amount (the “Indebtedness”).
 
Acknowledged and Agreed as of the date first written above by:
 
CASCADE TECHNOLOGIES CORP.
 
By:/s/ Jacqueline Danforth                                                      
Jacqueline Danforth

AND:
 
/s/ Mel Dick                                                      
MEL DICK