Demand Letter from EAB Systems (Australia) Ltd to WealthCraft Systems Limited Regarding Contractual Obligations

Contract Categories: Business Finance › Modification Agreements
Summary

EAB Systems (Australia) Ltd has sent a formal letter to WealthCraft Systems Limited and Mr. Kelly J. Tallas, demanding that they fulfill their obligations under an existing contract. The letter requires a response and appropriate action within 7 days, warning that failure to comply may result in EAB Systems reconsidering its position without further notice. The letter is intended to prompt compliance and open communication regarding the contract.

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EX-10.2 3 e604031_ex10-2.txt [LOGO] EAB Systems 8 July 2008 Via Email and Courier WealthCraft Systems Limited Unit A, 9/F On Hing Building, On Hing Terrace, Central, Hong Kong Attention: Mr Kelly J. Tallas Dear Kelly, I refer to our letter of Friday 27 June 2008. We have not heard from you and now demand that WealthCraft Systems Limited and you respond within 7 days to our demand that both WealthCraft Systems Limited and you meet your specific obligations under the contract. If you have any queries in regard to our requirements, please do not hesitate to contact me so I can address any question you may have. Otherwise, please take the appropriate action to address WealthCraft Systems Limited 's and your obligations under the contract. If you have not taken appropriate action within 7 days, we shall consider our position without further reference to you. Regards, Douglas Wong Managing Director ___________________________________ EAB Systems (Australia) Ltd - -------------------------------------------------------------------------------- EAB Systems (Australia) Limited 2401-2 & 9 AIA Tower, 183 Electric Road, North Point, Hong Kong Telephone: (852) 2576 6000 | Fax: (852) 2576 6828