Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT ONFORM 8-K - Helix Wind, Corp. | helix_8k-011210.htm |
Exhibit 10.1
EXTENSION
AMENDMENT
WHEREAS,
Kenneth Morgan, Helix Wind, Inc., a Nevada corporation (“Helix Wind”), Ian
Gardner and Scott Weinbrandt entered into a Settlement Agreement and Mutual
Release ("Agreement") dated December 11, 2009;
WHEREAS,
the last sentence of Paragraph 1.00 of the Agreement provides that “In the event
that Helix Wind fails to deliver payment of the Settlement Payment to the Law
Office of Sean Brew prior to January 15, 2010, then this Agreement shall be null
and void ab initio and
the Lock-Up Agreement attached hereto as Exhibit “1” shall be of no force or
effect”;
WHEREAS,
the parties desire to amend the Agreement to extend the Settlement Payment date
to February 12, 2010;
NOW,
THEREFORE, for good and valuable consideration, the receipt and sufficiency of
which the parties acknowledge, the parties agree that the Agreement shall be
amended to provide that the last sentence of Paragraph 1.00 of the Agreement
shall be deleted and replaced with the following sentence: “In the
event that Helix Wind fails to deliver payment of the Settlement Payment to the
Law Office of Sean Brew prior to February 12, 2010, then this Agreement shall be
null and void ab initio
and the Lock-Up Agreement attached hereto as Exhibit “1” shall be of no force or
effect.”
IN
WITNESS WHEREOF, this Extension Amendment has been executed by each of the
parties effective as of January 12, 2010.
|
/s/
Kenneth
Morgan
Kenneth
Morgan
/s/
Ian
Gardner
Helix
Wind, Inc.
By: Ian
Gardner, CEO
/s/
Ian
Gardner
Ian
Gardner
/s/
Scott
Weinbrandt
Scott
Weinbrandt
|