Amendment No. 1 to Convertible Note between Colonial Commercial Corp and Rita Folger

Contract Categories: Business Finance › Note Agreements
Summary

This amendment extends the maturity date of a Convertible Note originally dated July 29, 2004, between Colonial Commercial Corp and Rita Folger. The new maturity date is January 1, 2009, instead of June 1, 2008. All other terms of the original note remain unchanged and are confirmed by both parties.

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EX-10.13C 2 ex10_13c.htm EXHIBIT 10.13C ex10_13c.htm
 
EXHIBIT 10.13(c)
 
Amendment No. 1 to that certain Convertible Note dated as of July 29, 2004 (“Note”).

For good and valuable consideration, the parties to the Note agree and confirm to amend the Note to extend the First Maturity Date from June 1, 2008 to January 1, 2009.

Except as set forth above, the Note is hereby ratified and confirmed in all respects.


Dated: March 27, 2008
 
Colonial Commercial Corp/
 
By:        /s/ William Pagano                                                                           
Name:   William Pagano,
Title:     Chief Executive Officer and Director
 
Confirmed:
 
By:        /s/ Rita Folger
Name:   Rita Folger