Document:

Letter Agreement - Christopher W. Wolf

 Exhibit 10.23 
  
 As of June 29, 2005 
  
 Boulder Specialty Brands, Inc. 
 6106 Sunrise Ranch Drive 
 Longmont, Colorado 80503 
  
 Re: Consulting Services 
  
 Gentlemen: 
  
 The undersigned has agreed to serve as a special advisor of Boulder Specialty Brands, Inc.
(the “Company”) and understands that the Company is intending to undertake an initial public offering of the securities of the Company (“IPO”) in contemplation of identifying and completing a Business Combination with one or more
target businesses. 
  
 1. As a special advisor (the
“Advisor”), to the Company, the Advisor agrees to assist the Company in conducting financial, operational and other requested due diligence concerning one or more target businesses identified by the Company (these services are collectively
hereinafter referred to as “Advisory Services”). Such services shall be rendered following the completion of the IPO and through and until the completion of a Business Combination by the Company. The Company may also utilize the
Advisor’s services prior to the completion of the IPO for the purpose of assisting the Company in evaluating and addressing financial reporting or disclosure issues that arise in connection with the IPO. 
  
 2. The Advisory Services will be rendered by the Advisor to the Company at
such times and at such locations as are requested and specified by the Company from time to time. Notwithstanding the foregoing, the Advisor and the Company each acknowledge and agree that the undersigned is not contractually bound to render the
Advisory Services and that, as such, the obligation of the undersigned to render Advisory Services to the Company is subject to the schedule and availability of the Advisor. The Company will endeavor, to the extent possible, to give the Advisor
advance notice of the times and dates during which the Advisor’s services may be required by the Company; conversely, the Advisor will attempt, where reasonably practicable, to give the Company advance notice of any other consulting or
employment commitments that could or will impact the Advisor’s availability to the Company. Nothing in this letter agreement is to be construed to limit or otherwise act to restrain the ability of the Advisor to take full time employment with
another business or to undertake other consulting activities that would effectively make the Advisor’s services unavailable to the Company, it being the understanding of the parties that the Advisor will render Advisory Services to the Company
when and if he is available to do so. 
  
 3. While rendering
Advisory Services to the Company, the Advisor shall be paid a per diem consulting rate of $1,250. Partial day services rendered by the Advisor shall be compensated on a proportional basis to the full per diem rate. In addition, the
Company shall promptly reimburse the Advisor for all out-of-pocket expenses incurred by the Advisor in connection with his rendering of Advisory Services to the Company. The Advisor and the Company agree that the Advisor shall tender invoices to the
Company on a bi-weekly or monthly basis, as the parties may then agree. Payment on all such invoices shall be due from the Company within seven days after receipt. Such invoices shall describe in reasonable detail the Advisory Services rendered by
the Advisor during the period covered by the invoice. 
  
 4. In
order to minimize potential conflicts of interest which may arise from multiple affiliations, the undersigned agrees to present to the Company for its consideration reasonable opportunities to acquire an operating business that he may become aware
of, until the earlier of the consummation by the Company of a Business Combination, the liquidation of the Company or until such time as the undersigned ceases to be a special advisor of the Company, subject to any pre-existing fiduciary obligations
the undersigned may have. 

 5. The Advisor agrees that neither he nor any member of his family will be entitled to receive or accept
a finder’s fee or equivalent compensation in the event the undersigned, any member of the family of the undersigned or any affiliate of the undersigned identifies one or more target businesses with which the Company engages in a Business
Combination. 
  
 6. The Advisor’s biographical information
furnished to the Company and Roth Capital and attached hereto as Exhibit A is true and accurate in all respects, does not omit any material information with respect to the undersigned’s background and contains all of the information required to
be disclosed pursuant to Section 401 of Regulation S-K, promulgated under the Securities Act of 1933, as amended. The undersigned represents and warrants that: 
  

	 	(a)	he is not subject to or a respondent in any legal action for, any injunction, cease-and-desist order or order or stipulation to desist or refrain from any act or practice relating
to the offering of securities in any jurisdiction; 

  

	 	(b)	he has never been convicted of or pleaded guilty to any crime (i) involving any fraud or (ii) relating to any financial transaction or handling of funds of another person, or (iii)
pertaining to any dealings in any securities and he is not currently a defendant in any such criminal proceeding; and 

  

	 	(c)	he has never been suspended or expelled from membership in any securities or commodities exchange or association or had a securities or commodities license or registration denied,
suspended or revoked. 

  
 10. The undersigned has
full right and power, without violating any agreement by which he is bound, to enter into this letter agreement and to serve as special advisor to the Company. 
  

11. As used herein, a “Business Combination” shall mean an acquisition by merger, capital stock exchange, asset or stock acquisition,
reorganization or otherwise, of an operating business in the food and beverage industries selected by the Company. 
  

	
	 Christopher W. Wolf

	 Print Name of Special Advisor

	
	 /s/    CHRISTOPHER W. WOLF

	 Signature

 EXHIBIT A 
  
 Christopher W. Wolf has over 18 years experience as a financial executive and consultant to companies in the marketing, retail, and
technology sectors. From 1996 to 2004, Mr. Wolf was employed in various finance and tax positions with Catalina Marketing Corporation, culminating in his service as chief financial officer from 2002 to 2004. He also served as executive vice
president from 2003 to 2004; senior vice president from 2002 to 2003; vice president –finance and treasurer from 2000 to 2002; executive director of tax, treasury and international finance from 1998 to 2000; senior director of tax and
international finance from 1997 to 1998; and senior director of tax from 1996 to 1997. As chief financial officer, Mr. Wolf had responsibility for strategic planning, development and leadership of the finance function of Catalina, a leader in
behavior-based, targeted-marketing services and programs offered through a variety of distribution channels with revenues of over $450 million. These marketing services include discount coupons, loyalty marketing programs, informative newsletters,
sampling, advertising, in-store instant-win games and other incentives that are delivered directly to shoppers by various methods. Mr. Wolf also had oversight responsibility in his role as chief financial officer for corporate governance, legal
affairs, intellectual property, SEC reporting, investor relations, financial analysis and planning, and both capital and operating budgeting, forecasting and cash management. 
  
 Prior to joining Catalina, Mr. Wolf served for a ten year period as a tax manager and consultant for Arthur Andersen & Co. In addition
to assisting clients in tax planning and compliance matters and representing clients before the Internal Revenue Service and state tax authorities with respect to income, sales, use and other taxes, Mr. Wolf consulted on tax issues with respect to
mergers and acquisitions, initial public offerings, spin-offs, and other taxable and tax-free corporate finance transactions. Mr. Wolf is a certified public accountant. He holds a B.S. degree in accounting from Florida State University and a Master
of Accounting degree from the University of North Carolina.SUNDAY Communications Limited: Exhibit 4.7 - Prepared by TNT Filings Inc.

 

EXHIBIT 4.7

Confidential portions of this document have been omitted 

pursuant to a request for confidential treatment 

AMENDMENT AND RESTATEMENT AGREEMENT 

relating to a FACILITY AGREEMENT 

relating to 

LOAN AND PERFORMANCE BOND FACILITIES 

including 

HK$859,000,000 EQUIPMENT SUPPLY FACILITY 

HK$500,000,000 GENERAL FACILITY 

3G PERFORMANCE BOND FACILITY 

dated 13 May 2004 

for 

MANDARIN COMMUNICATIONS LIMITED 

as Borrower 

SUNDAY COMMUNICATIONS LIMITED 

as Guarantor 

HUAWEI TECH. INVESTMENT CO., LIMITED 

as the Original Lender 

JPMORGAN CHASE BANK, N.A. 

as Agent 

Deacons

5th Floor 

Alexandra House 

16-20 Chater 

Road Central, Hong Kong 

Tel: +852 2825 9211 

Fax: +852 2810 0431 

hongkong@deaconslaw.com 

www.deacons.com.hk

THIS AMENDMENT AND RESTATEMENT AGREEMENT is dated 15
November 2004 and made between: 

  (1) MANDARIN COMMUNICATIONS
  LIMITED as MCL ("MCL"); 

  (2) SUNDAY COMMUNICATIONS LIMITED
  as the guarantor ("SUNDAY"); 

  
  (3) HUAWEI TECH. INVESTMENT CO.,
  LIMITED ("HTIC" and, in its capacity as the
  original lender of the Equipment Supply Facility, the General Facility and the
  Performance Bond Facility (the "Original Lender");
  

  (4) JPMORGAN CHASE BANK, N.A.
  as the agent of the Finance Parties (the "Agent").
  

RECITALS 

  (A) The parties to this Amendment
  and Restatement Agreement are Parties to a facility agreement entered into in
  connection with an Equipment Supply Facility, a General Facility and a
  Performance Bond Facility dated 13 May 2004 (the "Agreement"). 

  (B) The Parties have agreed to
  amend the Agreement as provided in this Amendment and Restatement Agreement.
  

IT IS AGREED AS FOLLOWS: 

SECTION 1 - INTERPRETATION 

1.        
Definitions and Interpretation 

  1.1  Defined terms used in
  the Agreement have the same meaning when used in this Amendment and
  Restatement Agreement (including in the recitals hereto). 

  1.2  In this Amendment and
  Restatement Agreement: 

  
    "Amendment Date" 

    means the date that the Agent has received all of the Conditions Precedent
    and the amendments to the Agreement contained within this Amendment and
    Restatement Agreement come into effect pursuant to Clause 2; 

    "Conditions Precedent"
    

    means the documents and other evidence listed in and appearing to comply
    with the requirements of Schedule 1 to this Amendment and Restatement
    Agreement. 

  

1

** The confidential portion has been omitted 

and filed separately with the Commission 

SECTION 2 - CONDITIONS PRECEDENT 

2.         Conditions Precedent 

  2.1 The amendments to the
  Agreement are subject to the Conditions Precedent having been satisfied in
  full, and until such Conditions Precedent have been so satisfied the terms and
  conditions of the Agreement without the amendments provided for in this
  Amendment and Restatement Agreement shall continue to apply. 

  2.2 The Agent shall notify MCL and the Lenders of
  the Amendment Date promptly upon receiving all of the Conditions Precedent.
  

SECTION 3 - AMENDMENTS 

3.         Amendments 

  3.1 With effect from the Amendment Date, the
  Agreement shall be amended as follows: 

  
  
    Section 1 of the Agreement: 

    
    Certain definitions in Clause 1.1 (Definitions)
    of the Agreement will be amended as follows: 

    (a) The "Business Plan" attached
    as Schedule 7 to the Agreement shall be replaced by the Business Plan
    attached as Schedule 2 to this Amendment and Restatement Agreement. 

    (b) The "Final Maturity Date" for the General
    Facility shall be amended to 12 July 2011. 

    (c) The definition of "Total Equipment Supply
    Facility Commitments" shall be amended to read: 

    "Total Equipment Supply Facility Commitments" means the
    aggregate of the Equipment Supply Facility Commitments being ** at the date
    of this Agreement, and ** at the Amendment Date." 

    (d) There shall be added at the
    end of the definition of "Supply Contract" the words "including the
    Supplemental Agreement to the Supply Contract". 

    (e) New definitions shall be added into Clause
    1.1 (Definitions) of the Agreement as follows: 

    
      (i) "Amendment Date"
      means the date on which this Agreement has been amended and restated
      pursuant to an Amendment and Restatement Agreement dated 15 November 2004,
      which date has been notified to MCL and the Lenders by the Agent. 

      (ii) "Supplemental Agreement to the Supply
      Contract" means the agreement dated 15 November 2004 and entered into
      

    

  

2

** The confidential portion has been omitted 

and filed separately with the Commission

  
    
      between MCL and Huawei or an Affiliate of Huawei as an amendment and
      supplement to the Supply Contract. 

    

  

  
  Section 5 of the Agreement: 

  
  
    (f) Clause 8.2(a), (b) and (c) (Repayment
    of Loan under the General Facility) of the Agreement shall be deleted
    and replaced by the following: 

    "(a) The aggregate principal
    amount of the Loan outstanding under the General Facility at the close of
    business at the end of the Availability Period for the General Facility
    shall be repaid by MCL in full by ten instalments commencing on 12 July 2004
    as follows: 

  

  
  	Repayment
      Instalment	Percentage
      Repayment
	 	 
	**	**

  

  
    (b) MCL may not reborrow any part of the Loan
    under the General Facility which is repaid." 

  

  
  Section 10 of the Agreement: 

  
  
    (g) In Clause 21.1 (Representations)
    of the Agreement, wherever the words "on the Effective Date" appear, there
    shall be added immediately thereafter "and the Amendment Date". 

    (h) The table set out in Clause 23.1 (Financial
    condition (Credit Net)) of the Agreement shall be replaced by the table
    set out in Schedule 3. 

  

  3.2 With effect from the Amendment Date, the
  Agreement shall be amended so that it shall be read and construed in the form
  set out in Schedule 5. 

SECTION 4 - MISCELLANEOUS 

4.         Miscellaneous 

  4.1 For the purpose of the Agreement: 

  
    (a) this Amendment and Restatement Agreement is
    designated as a Finance Document; and 

    (b) the increase in the amount of the Equipment
    Supply Facility shall not constitute New Borrowings Proceeds for the
    purposes of Clause 

  

3 

  
    9.3(a) (Mandatory prepayment from New Borrowings Proceeds) of the
    Agreement. 

  

  4.2 Subject to the express terms
  of this Amendment and Restatement Agreement, nothing herein shall be construed
  as a waiver, variation or amendment to any provision of any Finance Document.
  

  4.3 This Amendment and Restatement
  Agreement may be executed in any number of counterparts, and this has the same
  effect as if the signatures on the counterparts were on a single copy of this
  Amendment and Restatement Agreement. 

  4.4 The provisions of Clause 1.2 (Construction)
  and Clause 40 (Enforcement) of the Agreement shall apply as if set out
  in this Amendment and Restatement Agreement in full except that for the
  purposes of this Amendment and Restatement Agreement only references in those
  Clauses to "this Agreement" shall be replaced by references to "this Amendment
  and Restatement Agreement". 

  4.5 Each of the parties hereto
  shall do all such acts and things reasonably necessary or desirable to give
  effect to the amendments effected or to be effected pursuant to this Amendment
  and Restatement Agreement. 

  4.6 This Amendment and Restatement Agreement is
  governed by Hong Kong law. 

IN WITNESS of which this Amendment and Restatement
Agreement has been entered into on the date stated at the beginning of this
Amendment and Restatement Agreement. 

	 	 	 
	SIGNED by	)	 
	for and on behalf of	)	Mr Bruce Hicks
	MANDARIN COMMUNICATIONS	)	Director
	LIMITED in the presence of:	)	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	SIGNED by	)	 
	for and on behalf of	)	Mr Bruce Hicks
	SUNDAY COMMUNICATIONS	)	Group Managing Director
	LIMITED in the presence of:	)	 

	 	 	 
	 	 	 
	 	 	 
	 	 	 

4 

	SIGNED by	)	 
	 	 	 
	for and on behalf of	)	Madam Ji Ping
	HUAWEI TECH. INVESTMENT
    CO.,	)	Director
	LIMITED in the
    presence of:	)	 
	 	 	 
	 	 	 
	 	 	 
	SIGNED by	)	 
	JPMORGAN CHASE BANK, N.A.	)	Mr Terence Yeung
	as Agent for the Finance
    Parties	)	Attorney
	in the presence of:	)	 

 

 

5 

Schedule 1 

Conditions Precedent 

  1. A copy of a resolution of the
  board of directors or equivalent body of each of MCL and SUNDAY approving the
  terms of, and the transactions contemplated by, the Amendment and Restatement
  Agreement and the Supplemental Agreement to the Supply Contract and
  authorising a specified person or persons to execute the same on its behalf.
  

  2. A copy of any resolution of the
  shareholders of SUNDAY approving the transactions contemplated by this
  Amendment and Restatement Agreement, including the increase in the amount of
  the Equipment Supply Facility and the Supplemental Agreement to the Supply
  Contract required to comply with the Hong Kong Stock Exchange Listing Rules
  or, if a waiver has been obtained in respect of such resolution from the Hong
  Kong Stock Exchange, evidence of such waiver. 

  3. A copy of a resolution of the
  board of directors or equivalent body of the Original Lender approving the
  terms of, and the transactions contemplated by, the Amendment and Restatement
  Agreement and the Supplemental Agreement to the Supply Contract, and
  authorising a specified person or persons to execute the same on its behalf.
  

  4. A copy of a resolution of the
  board of directors or equivalent body of each Credit Net Obligor approving the
  proposed amendments contemplated by this Amendment and Restatement Agreement.
  

  5. A copy of a resolution of the
  board of directors or equivalent body of each Obligor approving the terms of a
  confirmation letter in the form of Schedule 4 (the "Confirmation Letter")
  and authorising a specified person or persons to execute the Confirmation
  Letter on its behalf. 

  6. A specimen of the signature of each person
  authorised by the resolutions referred to in paragraphs 1 and 4 above. 

  7. An original of the Confirmation Letter duly
  executed by each of the parties thereto. 

  8. A certificate of each Obligor (signed by a
  director or the secretary) certifying that:- 

  
    (i) each copy document relating
    to it specified in this Schedule 1 is correct, complete and in full force
    and effect (as at a date no earlier than the date of this Amendment and
    Restatement Agreement); 

    (ii) (in the case of MCL and
    SUNDAY only) borrowing or guaranteeing, as appropriate, the Total
    Commitments would not cause any borrowing, guaranteeing or similar limit
    binding on that Obligor to be exceeded; 

    (iii) that Obligor is solvent on the date of the
    certificate; and 

    (iv) in the case of each Obligor other than MCL,
    to the effect that it is in the best interests of that Obligor. 

  

6 

** The confidential portion has been omitted 

and filed separately with the Commission 

Schedule 2 

** 

 

 

7 

** The confidential portion has been omitted 

and filed separately with the Commission 

Schedule 3 

** 

 

8 

Schedule 4 

Confirmation Letter from Obligors 

JPMorgan Chase Bank, N.A. as Agent and Security Trustee on behalf of the
Finance Parties (the "Agent") 

[Address] 

Huawei Tech. Investment Co., Limited as Original Lender 

[Address] 

Dear Sirs, 

Facility Agreement relating to Loan and Performance Bond Facilities dated 13
May 2004 (the "Agreement") 

We refer to the Agreement. Words, phrases and modes of interpretation used in
this letter have the same meanings as provided for in the Agreement. 

We understand that MCL, SUNDAY, HTIC and the Agent have
entered into an agreement (the "Amendment and Restatement Agreement"), a
copy of which we confirm we have received, to, inter alia, increase the amount
of the Equipment Supply Facility and reschedule repayments of the General
Facility. 

We write to confirm our consent to the amendment of the
Agreement which will occur upon the Conditions Precedent to the Amendment and
Reinstatement Agreement being fulfilled, and that the Security granted by us
pursuant to the Hong Kong General Security Document dated 29 June 2004 entered
into by us in relation to the Agreement, the PRC Security Document, the Share
Charge and the Subordination Deed (the "Security Documents") shall
continue in full force and effect notwithstanding such amendments and the
Security granted pursuant to the Security Documents shall continue to secure all
Secured Obligations of the Obligors, including all Loans made under the
increased Equipment Supply Facility and Loans under the rescheduled General
Facility. 

This letter shall be governed by and construed in accordance with the laws of
Hong Kong. 

Yours faithfully, 

	 	 	 	 
	 	 	 	 
	 	 	 	 
	for and on behalf of	for and on behalf of
	Mandarin Communications Limited	SUNDAY 3G (Hong Kong) Limited

9 

	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	for and on behalf of	for and on behalf of
	SUNDAY 3G Holdings (Hong Kong)	SUNDAY IP Holdings Corporation
	Corporation	 
	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	for and on behalf of	for and on behalf of
	SUNDAY IP Limited	SUNDAY Holdings (Hong Kong)
	 	Corporation
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	for and on behalf of	for and on behalf of
	SUNDAY Holdings (China)
    Corporation	SUNDAY Communications Limited
	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	for and on behalf of	 
	SUNDAY Communications Services	 
	(Shenzhen) Limited	 

10 

Schedule 5 

Amended and Restated Facility Agreement

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00087-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00087-of-00352.parquet"}]]