Document:

Exhibit 10.3

    
      

    

     

    
      	 	
              
              
 	
              First
                National Bank

              of
                Colorado

            	 
	 	
              CHANGE
                IN TERMS AGREEMENT

            	 

    

    
       

    

    
      	
              Principal

              $169,960.97

            	
              Loan
                Date

              09-01-2006

            	
              Maturity

              10-01-2006

            	
              Loan
                No

              8596443-101A

            	
              Call
                / Coll

            	
              Account

            	
              Officer

              00332

            	
              Initials

            
	
              References
                in the shaded area are for Lender's use only and do not limit the
                applicability of this document to any particular loan or
                item.

              Any
                item above containing "***" has been omitted due to text length
                limitations.

            

    

    

    
      	
              Borrower:
                

            	
              SUITESPEED,
                INC. 

              2150
                6TH STREET, SUITE D 

              BROOMFIELD,
                CO 80020 

            	
              Lender:
                

            	
              First
                National Bank of Colorado 

              Main
                Office

              3033
                Iris Avenue 

              Boulder,
                CO 80301-9032 

              (303)
                544-7999 

            
	 	 	 	 

    

     

    
      	
              Principal
                Amount:     $169,960.97

            	
              Initial
                Rate:     9.250%

            	
              Date
                of Agreement:     September 1,
                2006

            

    

    

    DESCRIPTION
      OF COLLATERAL.   SECURITY
      AGREEMENT DATED 6/30/2005 COVERING ALL ACCOUNTS RECEIVABLE. 

    

    DESCRIPTION
      OF CHANGE IN TERMS.   30
      DAY
      EXTENSION OF THE EXISTING TERM LOAN.

    

    PROMISE
      TO PAY.   SUITESPEED, INC. ("Borrower") promises to pay to First
      National Bank of Colorado ("Lender"), or order, in lawful money of the United
      States of America, the principal amount of One Hundred Sixty-nine Thousand
      Nine
      Hundred Sixty & 97/100 Dollars ($169,960.97), together with interest on the
      unpaid principal balance from September 1, 2006, until paid in
      full.

    

    PAYMENT.  
      Borrower will pay this loan in one principal payment of $169,960.97 plus
      interest on October 1, 2006. This payment due on October
      1, 2006, will be for all principal and all accrued interest not yet paid. Unless
      otherwise agreed or required by applicable law, payments will be applied first
      to any accrued unpaid interest; then to principal; then to any late charges;
      and
      then to any unpaid collection costs. Interest on this loan is computed on a
      365/360 simple interest basis; that is, by applying the ratio of the annual
      interest rate over a year of 360 days, multiplied
      by the outstanding principal balance, multiplied by the actual number of days
      the principal balance is outstanding. Borrower will pay Lender at Lender's
      address shown above or at such other place as Lender may designate in
      writing.

    

    VARIABLE
      INTEREST RATE.  
      The interest rate on this loan is subject to change from time to time based
      on
      changes in an independent index which is the highest base rate on corporate
      loans posted by at least 75% of the nation's 30 largest banks that The Wall
      Street Journal publishes as the Prime Rate (the "Index"). The Index is not
      necessarily the lowest rate charged by Lender on its loans. If the Index becomes
      unavailable during
      the term of this loan, Lender may designate a substitute index after notifying
      Borrower. Lender will tell Borrower the current Index rate upon
      Borrower's request. The interest rate change will not occur more often than
      each
      day. Borrower understands that Lender may make loans based
      on
      other rates as well. The Index currently is 8.250% per annum.
      The interest rate to be applied to the unpaid principal balance during this
      loan
      will be at a rate of 1.000 percentage point over the Index, rounded to the
      nearest 0.001 percent, resulting in an initial rate of 9.250% per
      annum. NOTICE: Under no circumstances will the interest rate on this loan be
      more than the maximum rate allowed by applicable law.

    

    PREPAYMENT;
      MINIMUM INTEREST CHARGE.  
      In any event, even upon full prepayment of this Agreement, Borrower understands
      that Lender is
      entitled to a minimum
      interest charge of $25.00.
      Other
      than Borrower's obligation to pay any minimum interest charge, Borrower may
      pay
without
      penalty ail or a portion of the amount owed earlier than it is due. Early
      payments will not, unless agreed to by Lender in writing, relieve Borrower
      of
      Borrower's obligation to continue to make payments under the payment schedule.
      Rather, early payments will reduce the principal balance
      due. Borrower agrees not to send Lender payments marked "paid in full", "without
      recourse", or similar language. If Borrower sends such a payment, Lender may
      accept it without losing any of Lender's rights under this Agreement, and
      Borrower will remain obligated to pay any
      further amount owed to Lender. All written communications concerning disputed
      amounts, including any check or other payment instrument that indicates that
      the
      payment constitutes "payment in full" of the amount owed or that is tendered
      with other conditions or limitations
      or as full satisfaction of a disputed amount must be mailed or delivered to:
      First National Bank of Colorado, Main Office, 3033 Iris Avenue,
      Boulder, CO 80301-9032.

    

    LATE
      CHARGE.   If
      a
      payment is 10 days or more late, Borrower will be charged 5.000%
      of the unpaid portion of the regularly scheduled payment
      or $30.00, whichever is greater.

    

    INTEREST
      AFTER DEFAULT.  
      Upon default, including failure to pay upon final maturity, the interest rate
      on
      this loan shall be increased by adding a 5.000 percentage point margin ("Default
      Rate Margin"). The Default Rate Margin shall also apply to each succeeding
      interest rate change that would
      have applied had there been no default. However, in no event will the interest
      rate exceed the maximum interest rate limitations under applicable
      law.

    

    DEFAULT.  
      Each of the following shall constitute an Event of Default under this Agreement:
      

     

    Payment
      Default.  
      Borrower
      fails to make any payment when due under the Indebtedness.

    

    Other
      Defaults.   Borrower
      fails to comply with or to perform any other term, obligation, covenant or
      condition contained in this Agreement or in any of the Related Documents or
      to
      comply with or to perform any term, obligation, covenant or condition contained
      in any other agreement
      between Lender and Borrower.

    

    Default
      in Favor of Third Parties.  
      Borrower defaults under any loan, extension of credit, security agreement,
      purchase or sales agreement, or
      any
      other agreement, in favor of any other creditor or person that may materially
      affect any of Borrower's property or Borrower's ability to
      perform Borrower's obligations under this Agreement or any of the Related
      Documents.

    

    False
      Statements.   Any
      warranty, representation or statement made or furnished to Lender by Borrower
      or
      on Borrower's behalf under this Agreement or the Related Documents is false
      or
      misleading in any material respect, either now or at the time made or furnished
      or becomes false
      or
      misleading at any time thereafter.

    

    Insolvency.  
      The
      dissolution or termination of Borrower's existence as a going business, the
      insolvency of Borrower, the appointment of a receiver
      for any part of Borrower's property, any assignment for the benefit of
      creditors, any type of creditor workout, or the commencement
      of any proceeding under any bankruptcy or insolvency laws by or against
      Borrower.

    

    Creditor
      or Forfeiture Proceedings.  
      Commencement of foreclosure or forfeiture proceedings, whether by judicial
      proceeding, self-help, repossession
      or any other method, by any creditor of Borrower or by any governmental agency
      against any collateral securing the Indebtedness. This includes a garnishment
      of
      any of Borrower's accounts, including deposit accounts, with Lender. However,
      this Event of
      Default shall not apply if there is a good faith dispute by Borrower as to
      the
      validity or reasonableness of the claim which is the basis of the creditor
      or
      forfeiture proceeding and if Borrower gives Lender written notice of the
      creditor or forfeiture proceeding and deposits with Lender monies or a surety
      bond for the creditor or forfeiture proceeding, in an amount determined by
      Lender, in its sole discretion, as being an
      adequate reserve or bond for the dispute.

    

    Events
      Affecting Guarantor.  
      Any of the preceding events occurs with respect to any guarantor, endorser,
      surety, or accommodation party of
      any of
      the Indebtedness or any guarantor, endorser, surety, or accommodation party
      dies
      or becomes incompetent, or revokes or disputes
      the validity of, or liability under, any Guaranty of the Indebtedness evidenced
      by this Note. In the event of a death, Lender, at its option, may, but shall
      not
      be required to, permit the guarantor's estate to assume unconditionally the
      obligations arising under the guaranty in a manner satisfactory to Lender,
      and,
      in doing so, cure any Event of Default.

    

    Change
      In Ownership.   Any
      change in ownership of twenty-five percent (25%) or more of the common stock
      of
      Borrower.

    

    Adverse
      Change.   A
      material adverse change occurs in Borrower's financial condition, or Lender
      believes the prospect of payment or performance
      of the Indebtedness is impaired.

    

    Insecurity.  
      Lender in good faith believes itself insecure.

    

    LENDER'S
      RIGHTS.   Upon
      default, Lender may declare the entire unpaid principal balance under this
      Agreement and all accrued unpaid interest immediately
      due, and then Borrower will pay that amount.

    

    ATTORNEYS'
      FEES; EXPENSES.   Lender
      may hire or pay someone else to help collect this Agreement if Borrower does
      not
      pay. Borrower will pay
      Lender the reasonable costs of such collection. This includes, subject to any
      limits under applicable law, Lender's attorneys' fees and Lender's legal
      expenses, whether or not there is a lawsuit, including without limitation
      attorneys' fees and legal expenses for bankruptcy proceedings
      (including efforts to modify or vacate any automatic stay or injunction), and
      appeals. If not prohibited by applicable law, Borrower also will pay any court
      costs, in addition to all other sums provided by law.

    

    JURY
      WAIVER.   Lender and Borrower hereby waive the right to any jury trial
      in any action, proceeding, or counterclaim brought by either Lender
or
      Borrower against the other.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	 	
              CHANGE
                IN TERMS AGREEMENT

            	 
	
              Loan
                No: 8596443-101A

            	
              (Continued)

            	
              Page
                2

            

    

    

    GOVERNING
      LAW.   This Agreement will be governed by federal law applicable to
      Lender and, to the extent not preempted by federal law, the Jaws of the State
      of
      Colorado without regard to its conflicts of law provisions. This Agreement
      has
      been accepted by Lender in the State of Colorado.

    

    CHOICE
      OF VENUE.   If
      there
      is a lawsuit, Borrower agrees upon Lender's request to submit to the
      jurisdiction of the courts of Boulder County, State
      of
      Colorado.

    

    RIGHT
      OF SETOFF.  
      To the extent permitted by applicable law, Lender reserves a right of setoff
      in
      all Borrower's accounts with Lender (whether checking,
      savings, or some other account). This includes all accounts Borrower holds
      jointly with someone else and all accounts Borrower may open
      in
      the future, However, this does not include any IRA or Keogh accounts, or any
      trust accounts for which setoff would be prohibited by law.
      Borrower authorizes Lender, to the extent permitted by applicable law, to charge
      or setoff all sums owing on the debt against any and all such
      accounts, and, at Lender's option, to administratively freeze all such accounts
      to allow Lender to protect Lender's charge and setoff rights provided in this
      paragraph.

    

    COLLATERAL.  
      Collateral
      securing other loans with Lender may also secure this loan. To the extent
      collateral previously has been given to Lender by any person which may secure
      this Indebtedness, whether directly or indirectly, it is specifically agreed
      that, to the extent prohibited by
      law,
      all such collateral consisting of household goods will not secure this
      Indebtedness. In addition, if any collateral requires the giving of a
right
      of
      rescission under Truth in Lending for this Indebtedness, such collateral also
      will not secure this Indebtedness unless and until all required notices
      of that right have been given.

    

    ARBITRATION.  
      Borrower and Lender agree that all disputes, claims and controversies between
      them whether individual, joint, or class in nature, arising from this Agreement
      or otherwise, including without limitation contract and tort disputes, shall
      be
      arbitrated pursuant to the Rules
      of the American Arbitration Association in effect at the time the claim is
      filed, upon request of either party. No act to take or dispose of any Collateral
      shall constitute a waiver of this arbitration agreement or be prohibited by
      this
      arbitration agreement. This includes, without limitation,
      obtaining injunctive relief or a temporary restraining order; invoking a power
      of sale under any deed of trust or mortgage; obtaining a writ
      of attachment or imposition of a receiver; or exercising any rights relating
      to
      personal property, including taking or disposing of such property with or
      without judicial process pursuant to Article 9 of the Uniform Commercial Code.
      Any disputes, claims, or controversies concerning
      the lawfulness or reasonableness of any act, or exercise of any right,
      concerning any Collateral, including any claim to rescind, reform,
      or otherwise modify any agreement relating to the Collateral, shall also be
      arbitrated, provided however that no arbitrator shall have the right or the
      power to enjoin or restrain any act of any party. Judgment upon any award
      rendered by any arbitrator may be entered in any court having jurisdiction.
      Nothing in this Agreement shall preclude any party from seeking equitable relief
      from a court of competent jurisdiction. The statute
      of limitations, estoppel, waiver, laches, and similar doctrines which would
      otherwise be applicable in an action brought by a party shall be applicable
      in
      any arbitration proceeding, and the commencement of an arbitration proceeding
      shall be deemed the commencement of an action
      for these purposes. The Federal Arbitration Act shall apply to the construction,
      interpretation, and enforcement of this arbitration provision.

    

    CONTINUING
      VALIDITY.   Except
      as
      expressly changed by this Agreement, the terms of the original obligation or
      obligations, including all agreements
      evidenced or securing the obligation(s), remain unchanged and in full force
      and
      effect. Consent by Lender to this Agreement does not waive Lender's right to
      strict performance of the obligation(s) as changed, nor obligate Lender to
      make
      any future change in terms. Nothing in
      this
      Agreement will constitute a satisfaction of the obligation(s). It is the
      intention of Lender to retain as liable parties all makers and endorsers
      of the original obligation(s), including accommodation parties, unless a party
      is expressly released by Lender in writing. Any maker or endorser,
      (including accommodation makers, will not be released by virtue of this
      Agreement. If any person who signed the original obligation does
      not
      sign this Agreement below, then all persons signing below acknowledge that
      this
      Agreement is given conditionally, based on the representation to Lender that
      the
      non-signing party consents to the changes and provisions of this Agreement
      or
      otherwise will not be released by it. This waiver applies not only to any
      initial extension, modification or release, but also to all such subsequent
      actions.

    

    PRIOR
      NOTE.   PROMISSORY
      NOTE 8596443-101A DATED 3/10/2004 IN THE AMOUNT OF $300,000.00.

    

    SUCCESSORS
      AND ASSIGNS.  
      Subject to any limitations stated in this Agreement on transfer of Borrower's
      interest, this Agreement shall be binding
      upon and inure to the benefit of the parties, their successors and assigns.
      If
      ownership of the Collateral becomes vested in a person other
      than Borrower, Lender, without notice to Borrower, may deal with Borrower's
      successors with reference to this Agreement and the indebtedness
      by way of forbearance or extension without releasing Borrower from the
      obligations of this Agreement or liability under the Indebtedness.

    

    MISCELLANEOUS
      PROVISIONS.  
      If any part of this Agreement cannot be enforced, this fact will not affect
      the
      rest of the Agreement. Lender may
      delay
      or forgo enforcing any of its rights or remedies under this Agreement without
      losing them. Borrower and any other person who signs,
      guarantees or endorses this Agreement, to the extent allowed by law, waive
      presentment, demand for payment, and notice of dishonor. Upon any change in
      the
      terms of this Agreement, and unless otherwise expressly stated in writing,
      no
      party who signs this Agreement, whether as
      maker,
      guarantor, accommodation maker or endorser, shall be released from liability.
      All such parties agree that Lender may renew or extend (repeatedly
      and for any length of time) this loan or release any party or guarantor or
      collateral; or impair, fail to realize upon or perfect Lender's security
      interest in the collateral; and take any other action deemed necessary by Lender
      without the consent of or notice to anyone. All such parties
      also agree that Lender may modify this loan without the consent of or notice
      to
      anyone other than the party with whom the modification is made.
      The
      obligations under this Agreement are joint and several.

    

    PRIOR
      TO SIGNING THIS AGREEMENT, BORROWER READ AND UNDERSTOOD ALL THE PROVISIONS
      OF
      THIS AGREEMENT, INCLUDING THE VARIABLE
      INTEREST RATE PROVISIONS. BORROWER AGREES TO THE TERMS OF THE
      AGREEMENT.

    

    CHANGE
      IN TERMS SIGNERS:

    

    

    SUITESPEED,
      INC.

    

    
      	
              By:
                

            	
              /s/
                Michael S. Wasik

            	 
	 	
              MICHAEL
                S. WASIK, President of SUITESPEED, INC.

            	 

    

    

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

    NOTICE
      AND CONSENT TO CHANGE IN TERMS AGREEMENT BY GUARANTOR

     

    
      	
              Principal

              $169,960.97

            	
              Loan
                Date

              09-01-2006

            	
              Maturity

              10-01-2006

            	
              Loan
                No

              8596443-101A

            	
              Call
                / Coll

            	
              Account

            	
              Officer

              00332

            	
              Initials

            
	
              References
                in the shaded area are for Lender's use only and do not limit the
                applicability of this document to any particular loan or
                item.

              Any
                item above containing "***" has been omitted due to text length
                limitations.

            

    

    

    
      	
              Borrower:
                

            	
              SUITESPEED,
                INC. 

              2150
                6TH STREET, SUITE D 

              BROOMFIELD,
                CO 80020 

            	
              Lender:
                

            	
              First
                National Bank of Colorado 

              Main
                Office

              3033
                Iris Avenue 

              Boulder,
                CO 80301-9032 

              (303)
                544-7999 

            
	 	 	 	 

    

    

    GUARANTOR:

    

    MICHAEL
      S. WASIK

    2925
      N
      TORREYS PEAK DRIVE

    SUPERIOR,
      CO 80027

    

    TRG
      INCORPORATED 

    755
      S HWY
      105 #C
      

    PALMER
      LAKE, CO 80133

    

    1. DEFINITIONS.
       In this Notice, these terms have the following meanings:

    

    A. Pronouns.
      The pronouns "I", "me" and "my" refer to all persons or entities signing this
      Notice, individually and together with their heirs, successors
      and assigns. "You" and "your" refer to the Lender, with its participants or
      syndicators, successors and assigns, or any person or company
      that acquires an interest in the Modification or Prior Obligation.

    

    B. Change
      in
      Terms. Change in Terms refers to the Change in Terms Agreement dated 9/1/2006
      and executed by you and the Borrower.

    

    C. Prior
      Obligation. Prior Obligation refers to the Borrower's existing agreement to
      pay
      you money, dated 3/10/2004.

    

    D. Guaranty.
      Guaranty refers to my previous agreement to absolutely and unconditionally
      promise to pay you and guarantee to you the full and prompt payment of the
      Prior
      Obligation.

    

    2. NOTICE
      TO
      GUARANTOR.  I acknowledge that the Borrower has requested a Change in Terms
      to the terms of the Prior Obligation and that you have agreed to modify the
      Prior Obligation, subject to the terms and conditions contained in the Change
      in
      Terms Agreement.

    

    3. CONSENT
      BY GUARANTOR.  I unconditionally consent to the Change in Terms Agreement.
      Except to the extent that the Change in Terms Agreement
      expressly modifies the terms and conditions of the Prior Obligation, I
      acknowledge that the terms and conditions of the Prior Obligation
      and the Guaranty continue in full force and effect.

    

    SIGNATURES.
      I agree to the terms contained in this Notice. I also acknowledge receipt of
      a
      copy of this Notice.

     

    
      	
              GUARANTOR:

            	 
	 	 
	
              /s/
                Michael S. Wasik

            	 
	
              MICHAEL
                S WASIK

            	 
	
              Individually

            	 
	 	 
	
              TRG
                INCORPORATED

            	 
	 	 
	
              /s/
                Michael S. Wasik

            	 
	
              MICHAEL
                WASIK, CEO.

            	 

    

    

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

    
      	 	
              First
                National Bank

              of
                Colorado 

            	
              555
                17th Street, Suite 750 

              Denver,
                CO 80202 

              Tel
                303.308.3860

              www.fnbonline.com
                

            

    

    

    September
      14, 2006

    

    MikeWasik

    RoomLinX
      and/or Suitespeed Inc 

    2150
      6th Street Unit N 

    Broomfield,
      Colorado 80020

    

    RE:    Extension
      of
      existing Loan for RoomLinX and/or Suitespeed Inc #8596443-101 

    

    Dear
      Mike,

    

    This
      letter is to inform you that the 1 year extension of the above referenced note
      has been approved and we are working on the loan documentation currently. We
      anticipate being able to close this extension prior to 9/30/2006.

    

    The
      basic
      terms of the extension include a maturity date of 9/30/2007 with no other
      changes in existing loan payment terms, covenants or interest rate structure.
      If
      you have any questions please feel free to contact me at
      303-308-3865.

    

    Sincerely,

    

    /s/
      Len
      Koch

    Len
      Koch

    Vice
      President

    Manager
      Denver CorporateExhibit 10.4

    
      

    

    THIS
      NOTE
      HAS BEEN ACQUIRED FOR INVESTMENT PURPOSES ONLY AND HAS NOT BEEN REGISTERED
      UNDER
      THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR UNDER ANY
      APPLICABLE STATE SECURITIES LAWS. THIS NOTE MAY NOT BE SOLD OR OTHERWISE
      TRANSFERRED OR PLEDGED, EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT
      UNDER THE SECURITIES ACT OR SUCH APPLICABLE STATE SECURITIES LAWS, OR UPON
      RECEIPT OF AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT THE PROPOSED
      TRANSFER MAY BE EFFECTED WITHOUT REGISTRATION UNDER THE SECURITIES ACT AND
      ANY
      APPLICABLE STATE SECURITIES LAWS.

    .
      

    THIS
      NOTE
      IS SUBJECT TO THE TERMS AND PROVISIONS OF A SECURITIES PURCHASE AGREEMENT,
      AS
      AMENDED FROM TIME TO TIME, AMONG ROOMLINX, INC. AND THE SIGNATORIES THERETO
      AND
      IS ENTITLED TO THE BENEFITS THEREOF.

    

    ROOMLINX,
      INC.

    

    10%
      NOTE

    

    

    Broomfield,
      CO

    July
      14, 2006

    Up
      to $25,000.00

    

    SECTION
      1. General.
      For
      value received, RoomLinX, Inc., a Nevada corporation (the “Payor”),
      hereby promises to pay Peter Bordes or assigns (the “Payee”)
      on the
      earlier of three hundred and sixty-five days from the date hereof or (ii) the
      date on which Payor’s Board of Directors determines that Payor has consummated a
      business combination pursuant to which ultimate control of Payor has changed
      (the “Maturity
      Date”),
      the
      principal amount of One Million Dollars ($1,000,000.00).
      The Payor shall pay interest on the unpaid balance of the principal amount
      of
      this Note at the rate of ten percent (10%) per annum from the date of each
      Borrowing hereof, such interest to be payable as of the Maturity Date. Upon
      the
      occurrence of an Event of Default, the Payee may elect to impose a default
      interest rate of eighteen percent (18%) per annum (the "Default Interest Rate")
      by giving written notice of such election to the Payor, and the Default Interest
      Rate shall continue to be the interest rate on this Note until the Event of
      Default has been remedied or properly waived by the Payee and no other Event
      of
      Default is continuing unremedied or unwaived and provided that the Note has
      not
      been accelerated.

    

    The
      Interest Rate and the Default Interest Rate (as applicable)] shall be computed
      on the basis of a 365-day
      year
      and the actual number of days elapsed and shall be computed on the cumulative
      Borrowings as of the date of each Borrowings.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    The
      principal of, and interest on, this Note shall be payable by wire transfer
      of
      immediately available funds to the account of the Payee or by certified or
      official bank check payable to the Payee, mailed to the Payee at the address
      of
      the Payee as set forth on the records of the Payor or such other address as
      shall be designated in writing by the Payee to the Payor. This Note is being
      issued pursuant to the Securities Purchase Agreement dated as of July 14, 2006
      (the “Purchase
      Agreement”),
      between the Payor and the Payee, as amended from time to time. Capitalized
      terms
      used and not otherwise defined herein have the meanings ascribed thereto in
      the
      Purchase Agreement.

    

    SECTION
      2.  Borrowings.   Borrowings
      shall be
      defined as monies incrementally loaned up to a cumulative maximum of $25,000.00
      by Payee to Payor for payment of invoices for the 3rd
      Quarter
      2005 Review and the 2005 Annual Audit, both performed by Stark Winter Schenkein
      & Co., LLP. Invoices for these services will be delivered by Payor to Payee
      as received and will result in the funding of a Borrowing within Five (5)
      business days. Cumulatively, the Borrowings will be known as the Note. Such
      Borrowings will be evidenced by the completion of the ADDENDUM
      TO ROOMLINX 10 % NOTE DATED JULY 14, 2006, REQUEST FOR BORROWING
as
      per
      Exhibit A and the issuance of monies in accordance with this Note.

    

    SECTION
      3.  Prepayment.
      This
      Note may be prepaid in whole or in part prior to the Maturity Date.

    

    SECTION
      4.  Defaults.
      In case
      of the happening of any Event of Default described in the Purchase Agreement,
      then the indebtedness evidenced by this Note shall become due and payable to
      the
      extent provided in the Purchase Agreement.

    

    SECTION
      5.  Defenses.
      The
      Obligations of the Payor under this Note shall not be subject to reduction,
      limitation, impairment, termination, defense, set-off, counterclaim or
      recoupment for any reason.

    

    SECTION
      6.  Extension
      of Maturity.
      Should
      the principal of or interest on this Note become due and payable on other than
      a
      business day, the Maturity Date thereof shall be extended to the next succeeding
      business day, and, in the case of principal, interest shall be payable thereon
      at the rate per annum herein specified during such extension. A “business
      day”
shall
      mean any day that is not a Saturday, Sunday, or legal holiday in the State
      of
      Colorado.

    

    SECTION
      7.  Waivers.
      The
      Payor hereby waives presentment, demand for payment, notice of dishonor, notice
      of protest and all other notices or demands in connection with the delivery,
      acceptance, performance or default of this Note. No delay by the Payee in
      exercising any power or right hereunder shall operate as a waiver of any power
      or right, nor shall any single or partial exercise of any power or right
      preclude other or further exercise thereof, or the exercise thereof, or the
      exercise of any other power or right hereunder or otherwise; and no waiver
      whatsoever or modification of the terms hereof shall be valid unless set forth
      in writing by the Payee and then only to the extent set forth
      therein.

    

      
        
          
          

        

        
          -2-

          
            

          

        

        
          
          

        

      

    

     

    SECTION
      8.  Amendments.
      No
      provision of this Note may be amended or waived except with the consent of
      the
      Payor and the Payee.

    

    SECTION
      9.  Governing
      Law.
      This
      Note is made and delivered in, and shall be governed by and construed in
      accordance with the laws of, the State of Colorado (without giving effect to
      principles of conflicts of laws of the State of Colorado or any other
      state).

    

    SECTION 10. 
      Notices.
      The
      notice provisions of the Purchase Agreement are expressly incorporated into
      this
      Note.

    

    IN
      WITNESS WHEREOF,
      the
      Payor has caused this Note to be duly executed by its duly authorized officer
      as
      of the date first written above.

    
      
         

        

          
            	 	
                    ROOMLINX,
                      INC.

                  
	 	 	 
	 	 	 
	 	
                    By:

                  	
                    /s/
                      Michael S. Wasik

                  
	 	
                    Name:
                      

                  	
                    Michael
                      S. Wasik

                  
	 	
                    Title:
                      

                  	
                    Chief
                      Executive
                      Officer

                  

          

        

      

    

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

    EXHIBIT
      A

    

    ADDENDUM
      TO ROOMLINX 10 % NOTE DATED JULY __, 2006

    

    REQUEST
      FOR BORROWING

    

    

    Per
      the
      terms of Section 2 of the above referenced Note, ROOMLINX requests the issuance
      of funds for payment of invoices for the 3rd
      Quarter
      2005 Review and the 2005 Annual Audit, both performed by Stark Winter Schenkein
      & Co., LLP. Said invoice(s) are listed below and attached to this Request
      For Borrowing.

    

    Current
      Request For Borrowing:

    

    
      	 	
              Invoice
                #

            	 	
              Invoice
                Date

            	 	
              Amount

            	 
	 	
              WWWW

            	 	
              MM/DD/YY

            	 	
              $
                X,XXX .XX

            	 
	 	
              WWWW

            	 	
              MM/DD/YY

            	 	
              $
                X,XXX .XX

            	 
	 	 	 	 	 	 	 
	 	 	 	
              Total
                This Borrowing

            	 	
              $
                Y,YYY.YY

            	 
	 	 	 	 	 	 	 
	
              Previous
                Borrowings:

            	 	 	 	 	 
	 	 	 	 	 	 	 
	 	
              Borrowing
                #

            	 	
              Invoice
                Date

            	 	
              Amount

            	 
	 	
              1

            	 	
              MM/DD/YY

            	 	
              $
                Y,YYY.YY

            	 
	 	
              2

            	 	
              MM/DD/YY

            	 	
              $
                Y,YYY.YY

            	 
	 	 	 	 	 	 	 
	 	 	 	
              Cumulative
                Borrowings

            	 	
              $
                Z,ZZZ.ZZ

            	 

    

    

    IN
      WITNESS WHEREOF,
      the
      Payor has duly executed the Request For Borrowing and the Payee acknowledges
      said request. This Borrowing will be effective upon the receipt of monies in
      compliance with the Note.

     

    
      
        	
                ROOMLINX,
                  INC.(PAYOR)

              
	 	 
	 	 
	
                By:

              	 
	
                Name:

              	
                Michael
                  Wasik

              
	
                Title:

              	
                Chief
                  Executive Officer

              
	 	 
	 	 
	
                By:

              	
                 

              
	
                Name:

              	
                Peter
                  Bordes

              
	
                (PAYEE)

              	 

      

    

     

     

    -4-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00110-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00110-of-00352.parquet"}]]