Commitment Letter for Capital Infusion between Friedli Corporate Finance and E-centives, Inc.
Friedli Corporate Finance has committed to provide E-centives, Inc. with up to $20 million in funding if needed. This capital is intended to support E-centives' ongoing operations and future business growth, including sales, marketing, and mergers and acquisitions. The letter is addressed to E-centives' CEO and outlines Friedli Corporate Finance's willingness to supply the funds as required.
Exhibit 10.3
Friedli Corporate Finance
September 12, 2002
Mr. Kamran Amjadi
Chief Executive Officer
E-centives, Inc.
6901 Rockledge Drive, Suite 700
Bethesda, MD 20817
RE: E-centives, Inc.
Dear Mr. Amjadi:
Please be advised that my organization, Friedli Corporate Finance, has committed, if required, to provide E-centives with a capital infusion of up to USD $20M for continued operations and future business expansion purposes in both sales and marketing and M&A initiatives.
Please feel free to contact me with any questions or comments related to this matter.
Kind regards,
/s/ Peter Friedli
Peter Friedli
Friedli Corporate Finance, Freigutstrasse 5, 8002 Zurich, Switzerland
Phone: +41 1 283 29 00 Fax: + 41 1 283 29 01
