Amendment to Convertible Promissory Note between Cardtrend International Inc. and RBSM LLP dated October 30, 2008

Contract Categories: Business Finance Note Agreements
Summary

Cardtrend International Inc. and RBSM LLP have agreed to amend the maturity period of their Convertible Promissory Note originally dated May 5, 2008. In exchange for a $5,000 fee paid by Cardtrend to RBSM LLP by November 5, 2008, the maturity date of the loan is extended to the twelve-month anniversary of the original loan date. This amendment is effective upon RBSM LLP's receipt of the fee.

EX-10.18 4 exh1018.htm AMENDMENT TO CONVERTIBLE PROMISSORY NOTE TO RBSM LLP DATED OCTOBER 30, 2008 Exhibit 10.18 - Amendment to Convertible Promissory Note to RBSM LLP dated October 30, 2008
Exhibit 10.18

800 5th Avenue # 4100,
Seattle, WA 98104,
Cardtrend International, Inc.                                                                       USA
Tel : +603 79553311
WEB: www.cardtrend.com                                                                                                        Fax : +603 79550033




 







RBSM LLP
1360 Beverly Road,
Suit 103, McLean,
VA 22101-3621,
USA.

Attention: Mr. Peter Stefanou, Partner.

Dear Sirs,
This is to confirm that in consideration of a fee of US$5,000 to be paid to you by us on or before November 5, 2008, we have both agreed, subject to you receiving the said fee in your bank account, that the Maturity period as mentioned in Section 1.1 of the Convertible Promissory Note dated May 5, 2008 (a copy of which attached herewith) is hereby amended to twelve (12) month anniversary of the Loan Date.

Yours faithfully,
Agreed to by:
Cardtrend International Inc.
RBSM LLP
   
   
   
KING K. NG
PETER STEFANOU
King K. Ng
Peter Stefanou
President & CEO
Partner
   
Date: October 30, 2008
Date: October 30, 2008


Copy of Convertible Note dated May 5, 2008 attached.