CONFIRMATION AGREEMENTConfirmation Agreement • August 23rd, 2006 • Futuremedia PLC • Services-prepackaged software
THIS CONFIRMATION AGREEMENT (the “Agreement”) is made and entered into effective as of July 31, 2006, in connection with that certain Convertible Note (the “Note”) dated December 19, 2005 in the amount of Two Million Five Hundred Thousand Dollars ($2,500,000) issued by FUTUREMEDIA PLC, a corporation organized and existing under the laws of England and Wales (the “Company” or the “Obligor”) to CORNELL CAPITAL PARTNERS, LP (the “Holder”).
