Attached files

file filename
S-1/A - AMENDED REGISTRATION STATEMENT - US SOLARTECH INCfs1a4_ussolartech.htm
EX-23.2 - CONSENT OF STOWE & DEGON LLC - US SOLARTECH INCfs1a4ex23ii_ussolartech.htm
EX-4.12 - FORM OF CONVERTIBLE SUBORDINATED NOTE. - US SOLARTECH INCfs1a4ex4xii_ussolartech.htm
EX-10.12 - FORM OF SECURITIES PURCHASE AGREEMENT. - US SOLARTECH INCfs1a4ex10xii_ussolartech.htm
EX-4.13 - FORM OF WARRANT - US SOLARTECH INCfs1a4ex4xiii_ussolartech.htm
EX-10.13 - LETTER AGREEMENT - US SOLARTECH INCfs1a4ex10xiii_ussolartech.htm
 
 
Exhibit 10.14
 

August 12, 2009
 
 

Dr. Mohd Aslami
Mr. Steven Phillips
Mr. Charles DeLuca
c/o US SolarTech, Inc.
199 Main Street Suite 706
White Plains, New York 10601


Re: Amendment No.1 to Letter Agreement dated as of June 15, 2009:  Extension of Amount Payable

Dear Sirs:

US SolarTech, Inc. (the “Company”) hereby requests that you memorialize your agreement to amend the letter agreements between each of you and the Company, each dated as of June 15, 2009 (the “Letter Agreement”) by agreeing to amend the Letter Agreement as set forth below:

1.  Section 1(c) of the Letter Agreement shall be amended and restated as follows:

Notwithstanding any provision herein, in the event that the Company is not required to repay, and the Officer is not required to convert, the Receivable pursuant to this Section 1, the Officer agrees to defer any right to receive the Receivable until February 1, 2011.

2. All other terms and conditions of the Letter Agreement shall remain in full force and effect.


If you accept this amendment, please fax your signed acceptance to the Company at (914) 686-4192 and mail the original to the Company.

 

 

 

 

 
Very truly yours,
 
US SOLARTECH, INC.
 
                                                  
By: Steven Phillips
Chief Financial Officer

 
 
AGREED AND ACCEPTED AS OF SEPTEMBER 30, 2009
 

 
_____________________
Mohd Aslami


_____________________
Steven Phillips

 
_____________________
Charles DeLuca