Amendment to Revolving Loan Agreement between Forex365, Inc. and Lionsridge Capital, LLC

Contract Categories: Business Finance › Modification Agreements
Summary

Forex365, Inc. and Lionsridge Capital, LLC have agreed to amend their existing Revolving Loan Agreement dated January 9, 2009. The amendment changes the repayment terms so that all outstanding loan advances must be repaid in full if there is a change of control at Forex365, Inc. All other terms of the original agreement remain unchanged. Both parties have signed the amendment, which is effective as of June 30, 2009.

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EX-4.4 3 forex6094-4.txt AMENDMENT TO AGREEMENT Exhibit 4.4 Forex365, Inc. f/k/a Solar Group, Inc. 190 Lakeview Way Vero Beach, FL 32963 June 30, 2009 Lionsridge Capital, LLC Attn: Frederic M. Schweiger, Manager 2395 Woodglen Drive Aurora, IL 60502 Reference is hereby made to that certain Revolving Loan Agreement by and between Forex365, Inc. and Lionsridge Capital, LLC dated January 9, 2009. Please kindly acknowledgement your agreement to amend the second sentence of Section 2 Revolving Loan Agreement to read as follows: "All advances outstanding shall be due and payable in full on the occurrence of a change of control of the Borrower." All other provisions of the Revolving Loan Agreement shall remain in full force and effect. Sincerely, Forex365, Inc. /s/ Kevin R. Keating - -------------------- Kevin R. Keating, President Accepted and Agreed to: Lionsridge Capital, LLC /s/ Frederic M. Schweiger - ------------------------- Frederic M. Schweiger, Manager June 30, 2009 - ------------- Date