Document:

f8k0808ex10iii_ea3megamedia.htm

     

    
      EXHIBIT A

      MEGA
MEDIA GROUP, INC.

      CONVERSION
NOTICE

       

      Reference
is made to the Convertible Note (the "Note") issued to the undersigned by MEGA
MEDIA GROUP INC. (the "Company"). In accordance with and pursuant to
the Note, the undersigned hereby elects to convert the Conversion Amount (as
defined in the Note) of the Note indicated below into shares of Common Stock par
value $0.001 per share (the "Common Stock") of the Company, as of the date
specified below.

       

      
                Date
of Conversion: 8/6/08

      

       

              Aggregate
Conversion Amount to be converted: $100,863.01

       

      Please
confirm the following information:

       

              Conversion
Price: .0311

       

              Number
of shares of Common Stock to be issued: 3,241,099

       

      Please
issue the Common Stock into which the Note is being converted in the following
name and to the following address:

       

              Issue
to: Jaworek Capital
LLC.

                     75 Maiden Lane,
Suite 904

                     New York, NY,
10038

       

              Facsimile
Number: 212-952-1101

       

              Authorization:
/s/ Michal
Jaworek

       

                  By:
Michal
Jaworek

      
         

      

          Title:
President

       

      
        Dated: 8/6/08

      

       

      Account Number:                                                   

      (if
electronic book entry transfer)

       

      Transaction Code Number:                                  

      (if
electronic book entry transfer)

       

       

      
        
           

        

        
           

          
            
 

        

        
           

        

      

       

       

      
        	DATE 	CLOSING
      PRICE	 	 
	
                 Wednesday,
      July 23, 2008

              	
                 $0.0450

              	 	 
	
                 Thursday, July
      24, 2008

              	
                  $0.0350

              	 	 
	
                 Friday, July
      25, 2008

              	
                 $0.0400

              	 	 
	
                 Monday, July
      28, 2008

              	
                 $0.0350

              	 	 
	
                 Tuesday, July
      29, 2008

              	
                 $0.0400

              	 	 
	
                 Wednesday,
      July 30, 2008

              	
                 $0.0250

              	 	 
	
                 Thursday, July
      31, 2008

              	
                 $0.0400

              	 	 
	
                 Friday, August
      01, 2008

              	
                 $0.0590

              	 	 
	
                 Monday, August
      04, 2008

              	
                 $0.0350

              	 	 
	
                 Tuesday,
      August 05, 2008

              	
                 $0.0350

              	 	 
	10 Day
    Average	
                 $0.0389

              	 	 
	 	 	 	 
	Principal
      Amount	
                 $100,000.00

              	 	 
	Earned
      Interest	
                 $863.01

              	   0.000247 Daily
      Rate	 35 Days
      Interest
	Conversion
      Amount	
                 $100,863.01

              	 	 
	Conversion Price	
                 $0.0311

              	 	 
	Shares Issued
      in Conversion	
                 3,241,099

              	 	 
	 	 	 	 
	Conversion
      Date	
                 Wednesday,
      August 06, 2008f8k0808ex10iv_ea3megamedia.htm

     

    
      EXHIBIT A

      MEGA
MEDIA GROUP, INC.

      CONVERSION
NOTICE

       

      Reference
is made to the Convertible Note (the "Note") issued to the undersigned by MEGA
MEDIA GROUP INC. (the "Company"). In accordance with
and pursuant to the Note, the undersigned hereby elects to convert the
Conversion Amount (as defined in the Note) of the Note indicated below into
shares of Common Stock par value $0.001 per share (the "Common Stock") of the Company, as
of the date specified below.

       

      
                Date
of Conversion: 8/8/08

      

       

              Aggregate
Conversion Amount to be converted: $100,172.60

       

      Please
confirm the following information:

       

              Conversion
Price: .0319

       

              Number
of shares of Common Stock to be issued: 3,138,239

       

      Please
issue the Common Stock into which the Note is being converted in the following
name and to the following address:

       

              Issue
to: Jaworek Capital
LLC.

                     75 Maiden Lane,
Suite 904

                     New York, NY,
10038

       

              Facsimile
Number: 212-952-1101

       

              Authorization:
/s/ Michal
Jaworek

       

                  By:
Michal
Jaworek

      
         

      

          Title:
President

       

      
        Dated: 8/8/08

      

       

      Account Number:                                                   

      (if
electronic book entry transfer)

       

      Transaction Code Number:                                  

      (if
electronic book entry transfer)

       

       

      
        
           

        

        
           

          
            
 

        

        
           

        

      

       

       

      
        	DATE 	CLOSING
      PRICE	 	 
	
                 Monday, July
      14, 2008

              	
                 $0.0500

              	 	 
	
                 Tuesday, July
      15, 2008

              	
                  $0.0500

              	 	 
	
                 Friday, July
      25, 2008

              	
                 $0.0400

              	 	 
	
                 Monday, July
      28, 2008

              	
                 $0.0350

              	 	 
	
                 Tuesday, July
      29, 2008

              	
                 $0.0400

              	 	 
	
                 Wednesday,
      July 30, 2008

              	
                 $0.0250

              	 	 
	
                 Thursday, July
      31, 2008

              	
                 $0.0400

              	 	 
	
                 Friday, August
      01, 2008

              	
                 $0.0590

              	 	 
	
                 Monday, August
      04, 2008

              	
                 $0.0350

              	 	 
	
                 Tuesday,
      August 05, 2008

              	
                 $0.0350

              	 	 
	
                 Wednesday,
      August 06, 2008

              	
                 $0.0500

              	 	 
	
                 Thursday,
      August 07, 2008

              	
                 $0.0400

              	 	 
	10 Day
    Average	
                 $0.0399

              	 	 
	 	 	 	 
	Principal
      Amount	
                 $100,000.00

              	 	 
	Earned
      Interest	
                 $172.60

              	   0.000247 Daily
      Rate	 7 Days
      Interest
	Conversion
      Amount	
                 $100,172.60

              	 	 
	Conversion Price	
                 $0.0319

              	 	 
	Shares Issued
      in Conversion	
                 3,138,239

              	 	 
	 	 	 	 
	Conversion
      Date	
                 Friday, August
      08, 2008ex10_1.htm

  
    Exhibit
10.1

     

    [Letterhead
of NPDC]

    

    

                                        August 11,
2008

    

    The
Gabelli Small Cap Growth Fund

    The
Gabelli Equity Income Fund

    The
Gabelli ABC Fund

    The
Gabelli Convertible and Income Securities Fund Inc.

    

    One
Corporate Center

    Rye, New
York 10580

    

    
      	 
      	
              Re:

            	
              Amendment
      to National Patent Development Corporation

              Warrant
      Certificates

            

    

    

    Ladies
and Gentlemen:

    

    Reference is made to the Warrant
Certificates (the “Warrants”) to purchase, in the
aggregate, 1,423,886 shares of Common Stock (“Shares”) of National Patent
Development Corporation (“NPDC”), dated as of December
3, 2004, issued by NPDC to The Gabelli Small Cap Growth Fund, The Gabelli Equity
Income Fund, The Gabelli ABC Fund, and The Gabelli Convertible and Income
Securities Fund Inc., respectively (collectively, the “Warrantholders”).

    

    By the terms of the Warrants, the
Exercise Price of the Warrants, as defined therein, is $3.57 per Share, and the
Expiration Date of the Warrants, as defined therein, is August 14,
2008.  For good and valuable consideration each of the Warrants is
hereby amended as follows:

    

    1.           The
Expiration Date, as defined in the Warrant, is hereby extended to August 15,
2008, 5:00 p.m. Eastern Time.

    

    2.           The
Exercise Price, as defined in the Warrant, is hereby reduced to $2.50 per
Share.

    

    3.           With
the exception of the foregoing amendments, all other terms of the Warrant remain
in full force and effect.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      National
Patent Development Corporation

      August
11, 2008

      Page
2

    

     

    By
countersigning this letter where indicated below and returning a signed copy to
NPDC, each of the Warrantholders agrees to, and accepts, the terms of this
letter.

     

    
      
        	 	Very
      truly yours,	 
	 	 	 
	 	NATIONAL PATENT DEVELOPMENT
      CORPORATION	 
	 	 	 	 
	
                 

              	
                By:
      

              	/s/ Ira
      J. Sobotko	 
	 	 	Ira
      J. Sobotko	 
	 	 	Vice
      President & Chief Financial Officer	 
	 	 	 	 

      

    

    

    Confirmed
and agreed to this

    11th day
of August, 2008:

    

    
      	GABELLI FUNDS, LLC for:	 
	 	 
	THE GABELLI SMALL CAP GROWTH
      FUND 	 
	 	 	 
	
              By:
      

            	/s/ Agnes
      Mullady	 
	 	Agnes
      Mullady	 
	 	Treasurer	 

    

     

    
      
        
          	THE GABELLI EQUITY INCOME
      FUND	 
	 	 	 
	
                  By:
      

                	/s/
      Agnes Mullady 	 
	 	Agnes
      Mullady	 
	 	Treasurer	 

        

         

        
          
            
              	THE GABELLI ABC
      FUND	 
	 	 	 
	
                      By:
      

                    	/s/
      Agnes Mullady 	 
	 	Agnes
      Mullady	 
	 	Treasurer	 

            

             

            
              
                
                  
                    	THE GABELLI CONVERTIBLE AND
      INCOME SECURITIES FUND INC.
	 	 	 
	
                            By:
      

                          	/s/
      Agnes Mullady 	 
	 	Agnes
      Mullady	 
	 	Treasurer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00146-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00146-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00146-of-00352.parquet"}]]