SUPPLEMENT NO. 3 TO FOURTH AMENDMENT AND RESTATEMENT OF LOAN AGREEMENT AND PROMISSORY NOTE
SUPPLEMENT NO. 3 TO FOURTH
AMENDMENT AND RESTATEMENT OF
LOAN AGREEMENT AND PROMISSORY NOTE
LOAN AGREEMENT AND PROMISSORY NOTE
THIS SUPPLEMENT No. 3 TO FOURTH
AMENDMENT AND RESTATEMENT OF LOAN AGREEMENT AND PROMISSORY NOTE by and between
BLINK COUTURE, INC., a Delaware corporation (the “Maker”) and REGENT PRIVATE
CAPITAL, LLC, an Oklahoma limited liability company (the “Payee”) entered into
as of October 31, 2010, further supplements and amends that certain Fourth
Amendment and Restatement of Loan Agreement and Promissory Note dated as of
March 15, 2010, as previously supplemented (the “Amendment and Note
Restatement”). Capitalized terms used herein without definition shall have the
meanings ascribed to such terms in the Amendment and Note
Restatement.
For value received, the Maker and Payee
hereby agree, effective as of the date hereof, that the following provisions
shall supplement and become part of the Amendment and Note
Restatement:
1. Additional
Advances. The Parties hereby agree that during the period from
August 1, 2010 through October 31, 2010, the Payee has made additional advances
to the Maker, in the aggregate amount of $16,799, in payment of the Maker’s
operating expenses during that period, so that effective as of October 31, 2010,
the total outstanding principal amount due and payable pursuant to the Note is
$173,301.
2. No
Further Changes; Full Force and Effect. The additional
advances described in Paragraph 1 above reflect all changes to the Amendment and
Note Restatement. All other terms of the Amendment and Note Restatement shall
remain unchanged and in full force and effect, unless and until further
supplemented or amended hereafter.
IN
WITNESS WHEREOF, the Maker has caused this Supplement No. 3 to Fourth Amendment
and Restatement of Loan Agreement and Promissory Note to be duly executed and
delivered as of the day and year first written above.
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BLINK
COUTURE, INC.
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By:
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/s/ ▇▇▇▇▇▇▇▇ Field
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Name:
▇▇▇▇▇▇▇▇ Field
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Title:
President & CEO
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REGENT
PRIVATE CAPITAL, LLC
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By:
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/s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇
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Name: ▇▇▇▇▇▇
▇▇▇▇▇▇▇
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Title:
Managing Director
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