Attached files
file | filename |
---|---|
S-1/A - AMENDED REGISTRATION STATEMENT - US SOLARTECH INC | fs1a4_ussolartech.htm |
EX-23.2 - CONSENT OF STOWE & DEGON LLC - US SOLARTECH INC | fs1a4ex23ii_ussolartech.htm |
EX-4.12 - FORM OF CONVERTIBLE SUBORDINATED NOTE. - US SOLARTECH INC | fs1a4ex4xii_ussolartech.htm |
EX-10.12 - FORM OF SECURITIES PURCHASE AGREEMENT. - US SOLARTECH INC | fs1a4ex10xii_ussolartech.htm |
EX-4.13 - FORM OF WARRANT - US SOLARTECH INC | fs1a4ex4xiii_ussolartech.htm |
EX-10.13 - LETTER AGREEMENT - US SOLARTECH INC | fs1a4ex10xiii_ussolartech.htm |
Exhibit
10.14
August
12, 2009
Dr. Mohd
Aslami
Mr.
Steven Phillips
Mr.
Charles DeLuca
c/o US
SolarTech, Inc.
199 Main
Street Suite 706
White
Plains, New York 10601
Re:
Amendment No.1 to Letter Agreement dated as of June 15,
2009: Extension of Amount Payable
Dear
Sirs:
US
SolarTech, Inc. (the “Company”) hereby requests that
you memorialize your agreement to amend the letter agreements between each of
you and the Company, each dated as of June 15, 2009 (the “Letter Agreement”) by agreeing
to amend the Letter Agreement as set forth below:
1. Section
1(c) of the Letter Agreement shall be amended and restated as
follows:
Notwithstanding
any provision herein, in the event that the Company is not required to repay,
and the Officer is not required to convert, the Receivable pursuant to this
Section 1, the
Officer agrees to defer any right to receive the Receivable until February 1,
2011.
2. All other terms and conditions of
the Letter Agreement shall remain in full force and effect.
If you
accept this amendment, please fax your signed acceptance to the Company at (914)
686-4192 and mail the original to the Company.
Very
truly yours,
US
SOLARTECH, INC.
By:
Steven Phillips
Chief
Financial Officer
AGREED
AND ACCEPTED AS OF SEPTEMBER 30, 2009
_____________________
Mohd
Aslami
_____________________
Steven
Phillips
_____________________
Charles
DeLuca