Promissory Note Extension Agreement between Forex International Trading Corp. and Rasel Ltd.

Contract Categories: Business Finance › Modification Agreements
Summary

Forex International Trading Corp. and Rasel Ltd. have agreed to extend the maturity dates of two promissory notes, originally for $50,000 and $25,000, from their previous due dates to October 30, 2011. Both parties, represented by their CEOs, have signed this agreement to confirm the extension. No other terms of the notes are changed by this agreement.

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EX-4.3 3 ex43.htm EXHIBIT 4.3 ex43.htm
Exhibit  4.3 
 
FOREX INTERNATIONAL TRADING CORP.
1618 N. FAIRAX AVENUE   LOS ANGELES, CALIFORNIA  90046
TEL   ###-###-####   FAX   ###-###-####

 
 
January 22, 2010

VIA Federal Express
Tom Schnapp, CEO
Rasel Ltd.
Liechtensteinstrasse 3/15
Vienna, A-1090 Austria

 
Re:  Forex International Trading Corp.

Dear Tom Schnapp:

By executing this letter, Rasel Ltd. hereby agrees to extend the maturity date of the Promissory Notes in the amount of $50,000 and $25,000 dated October 6, 2009 and October 20, 2009, respectively, to October 30, 2011.
  Forex International Trading Corp.  
       
 
By:
/s/ Moshe Schnapp  
    Name:  Moshe Schnapp  
    Title:    CEO  
       

 


AGREED AND ACKNOWLEDGED:

Rasel Ltd.


By: /s/ Tom Schnapp
Name:  Tom Schnapp
Title:    CEO