Attached files
| file | filename |
|---|---|
| 8-K - Juma Technology Corp. | v204440_8k.htm |
Exhibit
4.1
Vision
Opportunity Master Fund Ltd.
Vision
Capital Advantage Fund L.P.
20 W 55th
St., 5th
Floor
New York,
NY 10019
|
Dated
as of November 29, 2010
|
Anthony M
Servidio, CEO and Chairman
Juma
Technology Corp.
David
Giangano, President
Nectar
Services Corp.
154
Toledo St.
Farmingdale,
NY 11735
|
Re:
|
Juma
Technology Corp. (the “Company”) and
Nectar Services Corp. (“Nectar”) with
Vision Opportunity Master Fund Ltd. and Vision Capital Advantage Fund L.P.
(each, a “Holder”)-Extension
of Maturity Dates under Notes
|
Dear
Anthony:
This
confirms our recent conversations:
Reference
is made to those certain convertible notes described below (collectively, the
“Notes”), which
were issued by the Company and Nectar, as Maker, to the specified entity, as
Holder. Capitalized terms used and not otherwise defined herein shall have the
meanings set forth for such terms in applicable Note.
|
Note
|
Principal
|
Current Holder
|
Issue Date
|
The Current
Maturity Date
|
||||||||
|
Senior
Secured 10% Convertible PromissoryReplacement Note
|
$ | 463,122 |
Vision
Opportunity
Master
Fund, Ltd.
|
11/29/2007
|
11/29/10
|
|||||||
|
Senior
Secured 10% Convertible Promissory Replacement Note
|
$ | 136,878 |
Vision
Capital
Advantage
Fund, LP
|
11/29/2007
|
11/29/10
|
|||||||
|
Senior
Secured 10% Convertible Promissory Note
|
$ | 1,929,674 |
Vision
Opportunity
Master
Fund, Ltd.
|
11/29/2007
|
11/29/10
|
|||||||
|
Senior
Secured 10% Convertible Promissory Note
|
$ | 570,326 |
Vision
Capital
Advantage
Fund, LP
|
11/29/2007
|
11/29/10
|
|||||||
|
Senior
Secured 10% Convertible Promissory Note
|
$ | 1,119,211 |
Vision
Opportunity
Master
Fund, Ltd.
|
3/7/2008
|
11/29/10
|
|||||||
|
Senior
Secured 10% Convertible Promissory Note
|
$ | 330,789 |
Vision
Capital
Advantage
Fund, LP
|
3/7/2008
|
11/29/10
|
|||||||
|
Senior
Secured 10% Convertible Promissory Note
|
$ | 1,119,211 |
Vision
Opportunity
Master
Fund, Ltd.
|
6/20/2008
|
11/29/10
|
|||||||
|
Senior
Secured 10% Convertible Promissory Note
|
$ | 330,789 |
Vision
Capital
Advantage
Fund, LP
|
6/20/2008
|
11/29/10
|
|||||||
|
10%
Convertible Bridge Note
|
$ | 4,542,500 |
Vision
Opportunity
Master
Fund, Ltd.
|
5/21/2009
|
11/29/10
|
|||||||
|
10%
Convertible Bridge Note
|
$ | 1,036,280.53 |
Vision
Capital
Advantage
Fund, LP
|
9/24/2009
|
11/29/10
|
|||||||
|
10%
Convertible Bridge Note
|
$ | 500,000 |
Vision
Opportunity
Master
Fund, Ltd.
|
12/23/2009
|
11/29/10
|
|||||||
|
10%
Convertible Bridge Note
|
$ | 500,000 |
Vision
Opportunity
Master
Fund, Ltd.
|
1/28/2010
|
11/29/10
|
|||||||
|
10%
Convertible Bridge Note
|
$ | 500,000 |
Vision
Opportunity
Master
Fund, Ltd.
|
2/25/2010
|
11/29/10
|
|||||||
|
10%
Convertible Bridge Note
|
$ | 2,000,000 |
Vision
Opportunity
Master
Fund, Ltd.
|
3/31/2010
|
11/29/10
|
|||||||
|
10%
Bridge Note
|
$ | 500,000 |
Vision
Opportunity
Master
Fund, Ltd.
|
6/25/2010
|
11/29/10
|
|||||||
|
10%
Bridge Note
|
$ | 500,000 |
Vision
Opportunity
Master
Fund, Ltd.
|
8/6/2010
|
11/29/10
|
|||||||
|
10%
Bridge Note
|
$ | 500,000 |
Vision
Opportunity
Master
Fund, Ltd.
|
9/29/2010
|
11/29/10
|
|||||||
|
10%
Bridge Note
|
$ | 500,000 |
Vision
Opportunity
Master
Fund, Ltd.
|
11/12/2010
|
11/29/10
|
|||||||
For good
and valuable consideration, the sufficiency and receipt of which is hereby
acknowledged, the Maker and Holder hereby extend the current Maturity Date of
November 29, 2010 set forth in each of the above-referenced Notes. To this end,
the last sentence of the second paragraph on the first page of each Note is
hereby deleted and in lieu thereof the following sentence is hereby
inserted:
“The
outstanding principal balance and all accrued Interest (as defined herein) of
this Note shall be due and payable on the fifth day after demand therefor (the
“Maturity
Date”) or at such earlier time as provided herein.”
[Signatures
are on the following page]
Sincerely,
|
VISION
OPPORTUNITY MASTER FUND, LTD.
|
|
|
By:
|
|
|
Name:
|
|
|
Title:
|
|
|
VISION
CAPITAL ADVANTAGE FUND, L.P.
|
|
|
By:
VCAF GP, LLC, its General Partner
|
|
|
By:
|
|
|
Name:
|
|
|
Title:
|
|
|
Read,
consented and agreed to:
|
|
|
Juma
Technology Corp.
|
|
|
By:
|
|
|
Name
|
|
|
Title:
|
|
|
Nectar
Services Corp.
|
|
|
By:
|
|
|
Name:
|
|
|
Title:
|
|