SUPPLEMENT TO FOURTH AMENDMENT AND RESTATEMENT OF LOAN AGREEMENT AND PROMISSORY NOTE
Exhibit
10.11
SUPPLEMENT TO FOURTH
AMENDMENT AND RESTATEMENT OF LOAN
AGREEMENT AND PROMISSORY
NOTE
THIS SUPPLEMENT 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 April 30,
2010, supplements and amends that certain Fourth Amendment and Restatement of
Loan Agreement and Promissory Note dated as of March 15, 2010 (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
February 1, 2010 through April 30, 2010, the Payee has made additional advances
to the Maker, in the aggregate amount of $17,179, in payment of the Maker’s
operating expenses during that period, so that effective as of April 30, 2010,
the total outstanding principal amount due and payable pursuant to the Note is
$141,125.
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 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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