JAG Media Holdings, Inc. 6865 S.W. 18th STREET, SUITE B13 BOCA RATON, FL 33433
Exhibit 10.2
JAG Media Holdings, Inc.
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April 20, 2007
Cornell Capital Partners, LP
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-and-
Cryptometrics, Inc.
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Re:
Agreement dated as of January 24, 2007 Among JAG Media Holdings,
Inc. (“JAG Media”),
Cornell Capital Partners, L.P. (“Cornell Capital”), Cryptometrics, Inc., ▇▇▇▇▇▇ ▇▇▇▇▇
and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, as amended (“Cornell Agreement”)
Gentlemen:
This will confirm our understanding that the automatic termination date of April 20, 2007, set
forth in the last sentence of paragraph 1 of the Cornell Agreement, is hereby changed to May
11, 2007.
Except as otherwise set forth in this agreement, the Cornell Agreement shall remain
unchanged and in full force and effect.
If the foregoing accurately reflects your understanding of our agreement regarding the above
matter, please indicate your agreement and acceptance by signing in the appropriate space
below and returning a fully executed and dated copy of this
agreement to the undersigned.
[SIGNATURES APPEAR ON FOLLOWING PAGE]
Cornell
Capital Partners, LP
April 20, 2007
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April 20, 2007
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Sincerely yours,
JAG Media Holdings, Inc.
JAG Media Holdings, Inc.
By: |
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ | |||
| Title: Chairman & CEO | ||||
| Date: April 20, 2007 |
| AGREED AND ACCEPTED: | The undersigned parties are | |||||
| Cornell Capital Partners, LP | signing | |||||
| this agreement only with respect to | ||||||
| By: Yorkville Advisors, LLC | the obligations in Paragraph 5 of | |||||
| Its: General Partner | the Cornell Agreement | |||||
| /s/ ▇▇▇▇▇▇ ▇▇▇▇▇ | ||||||
By:
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/s/ ▇▇▇▇ ▇▇▇▇▇▇ | ▇▇▇▇▇▇ ▇▇▇▇▇ | ||||
| ▇▇▇▇ ▇▇▇▇▇▇, Portfolio Manager | Date: April 20, 2007 | |||||
| Date: April 20, 2007 | ||||||
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| ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ | ||||||
| Date: April 20, 2007 | ||||||
| Cryptometrics, Inc. |
By: |
/s/ ▇▇▇▇▇▇ ▇▇▇▇▇ | |||||
| Name: ▇▇▇▇▇▇ ▇▇▇▇▇ | ||||||
| Title: Co-CEO | ||||||
| Date: April 20, 2007 |
