AMENDMENT TO LOAN AGREEMENT
Exhibit 10.2
AMENDMENT TO LOAN AGREEMENT
This agreement dated November 30, 2004 amends the loan agreement dated August 31, 2004, made by and between Sound Revolution Inc., a Delaware corporation (the "Company"), Xxxxx Xxxxx, Chairman and Chief Financial Officer of the Company (“Green”), and Bacchus Entertainment Ltd. (the “Lender”).
Now therefore, in consideration of the mutual covenants and promises herein contained and other good and valuable consideration, the Company and the Executive hereby agree as follows:
1. | Interest shall accrue quarterly and shall be payable within 45 days after the end of each quarter. |
In witness whereof this Agreement has been executed by or on behalf of the parties hereto, as an instrument under seal as of the date first above written.
Sound Revolution Inc. |
By: /s/ Xxxxxxx Xxxxxxxxx | |
Title: Chief Executive Officer | |
Bacchus Entertainment Ltd. | |
By: /s/ Xxxxx Xxxxx | |
Title: President | |
/s/ Xxxxx Xxxxx | |
Xxxxx Xxxxx |