Midtown Partners & Co., LLC 4218 West Linebaugh Avenue Tampa, FL 33624 Phone: 813 ###-###-#### f Fax: 813 ###-###-####
EX-10.11 19 ex1011.htm EXHIBIT 10.11 - PLACEMENT AGENT AGREEMENT EXTENSION LETTER ex1011.htm
Exhibit 10.11
| Midtown Partners & Co., LLC 4218 West Linebaugh Avenue Tampa, FL 33624 Phone: 813 ###-###-#### ♦ Fax: 813 ###-###-#### |  |
November 24, 2009
CONFIDENTIAL
Magnolia Solar, Inc.
52-B Cummings Park
Suite 311
Woburn, MA ###-###-####
Attention: Ashok K. Sood, Ph.D, Chief Executive Officer
Yash R. Puri, Executive Vice-President
Re: Amendment to Letter Agreement dated September 22, 2008
Dear Sirs:
Reference is hereby made to a letter agreement by and between Midtown Partners & Co., LLC (“Midtown”) and Magnolia Solar, Inc. (“Magnolia”, collectively the “Parties”) dated September 22, 2008 (the “Agreement”).
The Parties hereby agree to:
1) Extend the Term, as defined in Section 5 of the Agreement, through December 31, 2010.
If the foregoing correctly sets forth our understanding with respect to the proposed amendment to the Agreement, please so confirm by signing and returning one copy of this letter.
| MIDTOWN PARTNERS & CO., LLC | ||||
| By: /s/ Bruce Jordan | Date: November 24, 2009 | |||
| Bruce Jordan, President | | |||
| | | |||
| MAGNOLIA SOLAR, INC. | ||||
| By: /s/ Ashok Sood | Date: November 24, 2009 | |||
| Ashok K. Sood, Ph.D., CEO |
