Attached files

file filename
8-K - CURRENT REPORT DATED 12-9-11 - Domark International Inc.g5646.txt
EX-10.3 - THIRD AMENDMENT TO PROMISSORY NOTE - Domark International Inc.ex10-3.txt
EX-10.4 - PROMISSORY NOTE - Domark International Inc.ex10-4.txt
EX-10.1 - AMENDMENT TO PROMISSORY NOTE - Domark International Inc.ex10-1.txt

                                                                    Exhibit 10.2

                        2nd AMENDMENT TO PROMISSORY NOTE

     This 2nd Amendment to Promissory Note (the "2nd Amendment") is made
December 9, 2011, by and between Domark lnternational, Inc. (the Company") and
Infinite Funding, Inc. (the "Holder").

     WHEREAS, on June 10, 2011, the Company entered into a Promissory Note (the
"Note"), a copy of which is attached hereto, in the aggregate amount of $75,000,
with a due date of October 15, 2011;

     WHEREAS, on September 28, 2011, the Company and Holder executed an
Amendment to Promissory Note (the "Amendment"), a copy of which is attached
hereto;

     WHEREAS, pursuant to the terms of the Amendment, the Note is due on or
before December 15, 2011;

     WHEREAS, as of the date hereof, the Company has not made payments on the
Note;

     WHEREAS, on December 9, 2011, the Company and Holder agreed to amend
certain provisions of the Note;

     NOW THEREFORE, IT IS HEREBY AGREED AS FOLLOWS:

     1.   EXTENSION OF DUE DATE OF NOTE. The Parties agree that the Due Date of
          the Note shall be extended to April 15, 2012.

     2.   EXTENSION FEE. The Parties agree that a fee in the amount of $20,000
          will be added to the principal balance of the loan in consideration
          for the extension granted herein.

     3.   PRINCIPAL BALANCE. Upon signing of this Amendment, the aggregate
          principal balance due under the June 2011Note shall be $95,000.

     4.   EFFECTIVE DATE. The effective date of this Agreement shall be December
          9, 2011. All other provisions of the Note and of the Amendment remain
          in force.

     IN WITNESS WHEREOF, the Company and the Holder hereby execute this
Agreement as of the date first written above.

DOMARK INTERNATIONAL                          INFINITE FUNDING, INC.


By: /s/ R. Thomas Kidd                        /s/ Alina Yurovskay
    --------------------------------          ----------------------------------
    R. Thomas Kidd                            Alina Yurovskay
    Chairman                                  President

GUARANTOR


By: /s/ R. Thomas Kidd
    --------------------------------
    R. Thomas Kidd
    An Induvidua