Addendum to the Loan Agreement dated May 13, 2009 Loan Amount US$600,000
Addendum to the Loan
Agreement dated May 13, 2009
Loan
Amount US$600,000
This Addendum, dated May 13, 2009,
states additional term made between, EFT BioTech Holdings, Inc. (Lender), EFT
Investment Co., LTD, a wholly owned subsidiary of Lender (Subsidiary), and
Excalibur International Marine Corporation. The loan is subject to
the change of new term. The change of loan term explained in this
Addendum is incorporated into and made a part of the original loan agreement and
promissory note thereto.
AUTHORITY AND LOAN
In addition to the terms listed in this
section, the following term is being incorporated and referred to as part of
this section:
-Both
Xxxxxx and Borrower agree that the Loan shall be repaid by November 13, 2009 in
full.
IN WITNESS WHEREOF, this Xxxxxxxx has
been executed by the parties hereto.
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Lender
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Borrower
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/s/ Xxxx Xxx
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/s/ Xxx-Ho Xxxxx
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Xxxx
Xxx
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Xxx-Xx
Xxxxx,
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Executive
Director
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Chairman
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Subsidiary
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/s/ Xxxx Xxx
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Xxxx
Xxx
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Executive
Director
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