Exhibit 10.1 March 16, 2006 George Foreman Enterprises, Inc. 100 North Wilkes- Barre Boulevard, 4th Floor Wilkes-Barre, PA 18702 ATTN: Efrem Gerszberg Re: Letter agreement dated November 23, 2005 between Circle Group Holdings, Inc. and George Foreman...Letter Agreement • March 17th, 2006 • Circle Group Holdings Inc • Services-business services, nec
This letter shall confirm our agreement to extend the 90 day time period for Circle Group Holdings, Inc. ("CXN") and George Foreman Enterprises, Inc. ("GFME") to enter into definitive agreements as set forth in paragraph 21 of the above referenced Letter Agreement. CXN and GFME agree that paragraph 21 of the Letter Agreement is hereby modified to provide that the parties shall, on or before Friday, April 28, 2006, enter into a definitive agreement incorporating the terms of the Letter Agreement and such other provisions customary in transactions of this type.
