Letter dated July 7, 2006 regarding extension of the Growth Consultants, LLC Consulting Agreement

Contract Categories: Human Resources - Consulting Agreements
EX-10.4 2 ex10-4.htm EX 10.4
Growth Consultants, LLC
33 North Pine Circle
Belleair, Florida 33756
 
July 7, 2006
 
Ms. Tracy Culver Caswell, General Counsel
Smart Video Technologies, Inc.
3505 Koger Boulevard, Suite 400
Duluth, Georgia 30096
 
Re:
Extension of January 27, 2006 Consulting Agreement Dear Tracy:
 
This letter is to confirm that SmartVideo™ Technologies, Inc. (the "Company") and I have agreed to extend the term of my January 27, 2006 Consulting Agreement through and including September 30, 2006. Furthermore, this letter will confirm that I have agreed to forego the previously agreed upon option grant to me in the third quarter of 2006. All other terms and conditions of the January 27, 2006 Consulting Agreement shall remain in full force and effect until September 30th, 2006, at which time the Agreement will expire or be renewed for an additional quarter.
 
Please call me with any questions. 
 
Sincerely,
 
 
 
N. John Simmons, Jr., President
Growth Consultants, LLC
 
Cc:
Glenn Singer
 David Ross
William Loughman