Contract

EXHIBIT 4.5.6 – AGREEMENT TO CONVERT CONVERTIBLE SUBORDINATED NOTE TO SHARES OF THE COMPANY’S COMMON STOCK ▇▇▇▇▇ ▇▇▇▇▇

 

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December 23, 2003

 

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President/CEO

Advant-e Corporation

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This letter is to inform you of our request to convert $50,000 of the Convertible Subordinated Note dated July 9, 2002 that I hold into common stock of Advant-e Corporation.

 

Based on the conversion price of $1.10 per share, I am expecting to be issued 45,455 shares of Advant-e Common Stock as per the Note Purchase Agreement dated July 9, 2002.

 

As of January 5, 2004 when the note is due, there will be $1,361 of accrued interest that I would like paid in cash.

 

I will forward to you the original Convertible Subordinated Note as per the terms of the Note Purchase Agreement.

 

Sincerely,

 

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