Xxxxxxx Xxxxx Xxxxxxx Xxxxx
International Bank Unlimited
Ropemaker Place
00 Xxxxxxxxx Xxxxxx
Xxxxxx XX0X0XX
Telephone: 000-000-0000
Direct: 071-867
Telex: 8811047 XXXXXX X
December 20, 1995
Fotoball USA, Inc.
Mr. Xxxxx Xxxxxxx
0000 Xxxxxx Xxxx
Xxx Xxxxx, XX 00000
Re: U.S. $1,000,000.00 Facility Agreement dated (December 8, 1994)
Dear Xx. Xxxxxxx:
We are writing to give notice to Fotoball USA, Inc, (the "Client") of the
following:
1. The amount of the Facility will be increased to the amount of US
$3,000,000.00.
2. The Standby Letter of Credit front end fee will be reduced to (1%) per
annum payable semi-annually.
3. A Revised Risk Disclosure Statement is endorsed which should be signed
and returned to the Bank.
This letter is and shall be part of the "Agreement" as defined in the Terms
Sheet forming part of the above Facility Agreement. Kindly acknowledge
receipt of this letter by signing and returning the enclosed copy, together
with the completed Risk Disclosure Statement.
Yours faithfully,
For and on behalf of
Xxxxxxx Xxxxx Intemational Bank Limited
_______________________
We acknowledge receipt of your letter.
Signed, Client: /s/ Xxxxx Xxxxxxx Date: December 26,1995
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Xxxxxxx Xxxxx International Bank Limited is regulated by The Securities
and Futures Authority Limited
