eACCELERATION
0000 XX XXXXXXXX XX., XXXXX 000X, XXXXXXX, XX 00000 PHONE: 000-000-0000
XXX.xXXXXXXXXXXXX.XXX
March 20, 2003
Silverdale Bank (the "Bank") hereby consents to and waives any and all
violations of the restrictions set forth in the agreement dated March 19, 2002
among the Bank, eAcceleration Corp (the "Company") and Xxxxxxx Xxxxxxx with
respect to the payment of an aggregate of $9,983.75 during 2002 by the Company
to Xxxxxxx Xxxxxxx and Xxxxx Xxxxxxx, which amount was applied to reduce the
outstanding amount of the outstanding loan from the Company to the Ballards by
such amount.
SILVERDALE BANK
By: /s/ Xxxxxxx X. Xxxx
---------------------------------------
Name: Xxxxxxx X. Xxxx
Title: Vice President
Accepted and Agreed:
Eacceleration corp
By: /s/ Xxxxxxx Xxxxxxx
-----------------------------------------
Name: Xxxxxxx Xxxxxxx
Title: CEO
/s/ Xxxxxxx Xxxxxxx
--------------------------------------
Xxxxxxx Xxxxxxx
