Document:

EXHIBIT 10.51

                                    ADDENDUM
                                    --------

     This Addendum, dated July 14, 2004, modifies and supplements the term of
the Security Agreement, Subscription Agreement and Collateral Agent Agreement
(collectively, the "Agreements") between Provo International, Inc. (the
"Company") and Alpha Capital Aktiengesellschaft, Stonestreet Limited
Partnership, Congregation Mishkan Sholom Incorporated and Lucrative Investments
(collectively, the "Investors"). This Addendum does not modify, supplement or
amend the Notes, the terms of which remain in full force and effect. In the
event of a conflict between the terms of this Addendum and the terms of the
Agreements, the terms of this Addendum shall control.

                                    RECITALS

     WHEREAS, pursuant to the terms of the Notes, the Company borrowed an
aggregate principal amount of One Million Dollars ($1,000,000) (the "Aggregate
Principal Amount") from the Investors; and

     WHEREAS, pursuant to the terms of the Security Agreement, the Investors
have a priority security interest in substantially all of the assets of the
Company; and

     WHEREAS, the Company desires to sell certain assets and apply the cash
proceeds towards partial repayment of the Notes on a pro rata basis per
Investor, and

     WHEREAS, the Investors have agreed to release their security interest in
the Company's assets pursuant to the terms set forth herein;

     Now, therefore, the parties hereby agree as follows:

1.   Definitions - Unless otherwise specifically defined herein, all capitalized
terms used in this Addendum shall have the same meaning as set forth in the
Agreements.

     a.   Aggregate Principal Amount - shall have the meaning set forth in the
          Recitals to this Addendum, and shall be equal to the sum of the
          Principal Amount I and Principal Amount II;

     b.   Dial Up Assets - shall mean the Company's dial-up Internet customer
          base, presently consisting of approximately 6,800 subscribers;

     c.   Dial Up Asset Purchase Agreement - shall mean the proposed asset
          purchase agreement between the Company and a third party, a draft
          version of which has been provided to Investors;

     d.   DSL Assets - shall mean the Company's Digital Subscriber Line customer
          base, presently consisting of approximately 140 subscribers;

     e.   Expenses - shall mean the expenses, set forth on Schedule 1(h),
          exclusively associated with servicing the Dial-Up Assets and DSL
          Assets during the time period commencing upon signing of a contract
          for sale of said assets, and terminating upon the closing of the sale
          of said assets. The Expenses shall not exceed $370,000 in the
          aggregate;

<PAGE>

     f.   Gross Proceeds - shall mean the gross proceeds of the sale of the
          Dial-Up Assets and the DSL Assets, respectively, before deducting the
          Expenses;

     g.   Investors - shall have the meaning set forth in the Recitals to this
          Addendum;

     h.   Lock-Up Agreement - shall mean the lock-up agreement annexed hereto as
          Exhibit B;

     i.   Net Proceeds - shall be equal to the Gross Proceeds minus the
          Expenses;

     j.   Payment #1 - shall have the meaning set forth in Section 4 below;

     k.   Payment #2 - shall have the meaning set forth in Section 4 below;

     l.   Payment #3 - shall have the meaning set forth in Section 4 below;

     m.   Payment #4 - shall have the meaning set forth in Section 4 below;

     n.   Principal Amount I - shall mean a portion of the Aggregate Principal
          Amount equal to Two Hundred and Fifty Thousand dollars ($250,000);

     o.   Principal Amount II - shall mean a portion of the Aggregate Principal
          Amount equal to Seven Hundred and Fifty Thousand Dollars ($750,000);

     p.   Provo Mexico Stock - shall mean all of the issued and outstanding
          shares of common stock in the Company's subsidiary, Proyecciones y
          Ventas Organizadas, S.A. de C.V.

2.   Representations by the Company - the Company represents and warrants to
each Investor that:

     a.   The Expenses set forth on Schedule 1(h) are directly related to
          servicing the Dial-Up Assets and DSL Assets and have been or will be
          accrued in the ordinary course;

     b.   The Company has agreed to sell One Thousand (1,000) shares of its
          common stock to a third-party for the sum of One Hundred and Fifty
          Dollars ($150.00), which sale shall close simultaneously with the
          execution of this Addendum. By executing this Addendum, the Company
          hereby notifies Investors, pursuant to Section 2.1(d) of the Notes,
          that the Conversion Price is irrevocably adjusted to $.15 per share as
          a result of a share issuance at less than Fair Market Value as set
          forth in Section 2.1(c)(D) of the Notes, subject to further adjustment
          as set forth in the Notes. The parties acknowledge and agree that the
          sale of stock described above and the resulting adjustment to the
          Conversion Price is independent of this Addendum and shall remain in
          effect regardless of whether this Addendum is terminated.

     c.   The Company acknowledges that an interest payment is due under the
          Notes as of June 30, 2004. Provided the Company pays such interest
          payment no later than July 19, 2004, the Company shall not be in
          Default under the terms of the Agreements or the Note. In the event
          such payment is not made on or before July 19, 2004, Investors may
          terminate this Addendum and shall have all rights heretofore
          available, without limitation, pursuant to the Convertible Note and
          Security Agreement.

<PAGE>

3.   Sale of Assets

     a.   Dial-Up Assets -The Company represents that it has identified a
          prospective purchaser for its Dial-Up Assets. Upon execution of this
          Addendum, the Company shall negotiate the sale of its Dial-Up Assets
          as soon as commercially feasible. The sale of the Dial-Up Assets shall
          be on substantially the same terms set forth in the Dial-Up Asset
          Purchase Agreement. The Company shall remit 100% of the Net Proceeds
          of the sale of the Dial-Up Assets to the Investors as set forth in
          Section 4(a) below.

     b.   DSL Assets - The Company represents that it has identified a
          prospective purchaser for its DSL Assets. Upon execution of this
          Addendum, the Company shall negotiate the sale of its DSL Assets as
          soon as commercially feasible. The Company shall remit 100% of the Net
          Proceeds of the sale of the DSL Assets to the Investors as set forth
          in Section 4(b) below.

     c.   Cooperation - If requested by the prospective purchasers, the
          Collateral Agent shall provide UCC-3 termination statements to be held
          in escrow pending filing pursuant to the terms of this Addendum. The
          Investors hereby specifically instruct the Collateral Agent to
          cooperate with the Company, at the Company's expense, in connection
          with the sale of the Dial-Up Assets and DSL Assets and to execute any
          and all documents necessary to effectuate the intent of this Addendum.

     d.   Timeframe for Sale of Assets - The approximate timeframe for the sale
          of the Dial-Up Assets and DSL Assets is set forth on Schedule 2(d). It
          is the Company's intention to proceed according to this timeframe,
          however, there can be no assurance that the timeframes will be met.
          Notwithstanding the foregoing, in the event the Company does not
          execute a purchase and sale agreement within forty five days (45) from
          the date of this addendum, or the Investors' do not receive Payment #1
          within fifty-five (55) days from the date of this Addendum, or the
          Investors do not receive Payment #4 within two hundred and ten (210)
          days from the date of this Addendum, the Investors shall have the
          right anytime thereafter to declare this addendum and related
          documents null and void, therefore having no further force or effect.

4.   Application of Proceeds

     a.   Dial-Up and DSL Assets - the Company shall remit the proceeds of the
          sale of the Dial-Up Assets to the Investors as follows:

<PAGE>

          i.   upon receipt of the initial payment, identified on Schedule 2(d)
               attached hereto as "Payment #1", 50% of the total payment
               received, but in no event less than $77,500;

          ii.  upon receipt of the payment identified on Schedule 2(d) attached
               hereto as "Payment #2", 50% of the total payment received, but in
               no event less that $40,000;

          iii. upon receipt of the payment identified on Schedule 2(d) attached
               hereto as "Payment #3", 65% of the total payment received, but in
               no event less that $203,700; and

          iv.  upon receipt of the final payment, identified on Schedule 2(d)
               attached hereto as "Payment #4", at least 65% of the total
               payment received. Notwithstanding the foregoing, the Company
               shall not retain any amount of proceeds in excess of a total of
               $370,000, equal to the estimated costs identified in Schedule
               1(h), attached hereto.

     b.   All proceeds paid to the Investors shall be applied as follows: first,
          toward outstanding Interest due and owing, second, toward the
          Principal Amount II; and last, toward the Principal Amount I. The Net
          Proceeds shall be applied on a pro rata basis per Investor.

5.   Release of Security Interest - the Collateral Agent shall file UCC-3
     termination statements releasing the Investors' security interests as
     follows:

     a.   Dial-Up Assets - The Collateral Agent shall release to the Company a
          UCC-3 termination statement releasing the Investors' security interest
          in the Dial-Up Assets upon receipt of Payment #4.

     b.   DSL Assets - The Collateral Agent shall release to the Company a UCC-3
          termination statement releasing the Investors' security interest in
          the DSL Assets to the Company immediately upon the payment of the net
          proceeds of the sale of the DSL Assets to the Investors.

     c.   Provo Mexico Stock - The Collateral Agent shall release to the Company
          a UCC-3 termination statement releasing the Investors' security
          interest in the Provo Mexico Stock immediately upon the payment of at
          least $300,000 of the Net Proceeds to the Investors.

     d.   Blanket UCC-3 - the Collateral Agent shall release to the Company a
          "blanket" UCC-3 termination statement releasing the Investors'
          security interest in all of the Company's assets immediately upon
          receipt by the Investors of the Net Proceeds. Thereafter, all
          Principal and Interest remaining under the terms of the Notes, if any,
          shall remain outstanding on an unsecured basis.

<PAGE>

6.   Miscellaneous Provisions

     a.   The Investors waive damages and remedies for defaults under the
          Agreements which have accrued until the date of this Agreement except
          that there is no waiver of an interest payment related default except
          as described in Section 2(c) above. In the event the Company is in
          default under a material term of the Addendum which significantly
          includes a failure to timely make any payment required under the
          Addendum, then the restrictions on the Investors under the Lock-Up
          Agreement shall be null and void and of no force and effect from and
          after 10 days after notification to the Company by an Investor of the
          existence of such default, unless the Company shall have commenced a
          proceeding during such ten day period for declaratory judgment that
          the noticed default has not occurred.

     b.   The Investors agree that the Shares shall be subject to certain
          restrictions on resale, as set forth in the Lock-Up Agreement. The
          Investors shall execute and deliver the Lock-Up Agreement
          simultaneously with this Addendum.

     c.   The parties expressly agree that a default under the terms of this
          Addendum shall constitute a default under the terms of the Agreements,
          the Notes and the Lock-Up Agreement. An Event of Default under the
          Notes shall constitute a default under the terms of this Addendum and
          the Lock-Up Agreement.

     d.   Notice, Governing Law and Venue - Sections 13(a), (c), (d), (e) and
          (f) of the Subscription Agreement are hereby incorporated by reference
          into this Addendum.

     e.   Payment of amounts due Investors under this Addendum, but not Notices,
          may be delivered to Grushko & Mittman, PC with the prior written
          consent of Grushko & Mittman, PC.

     f.   Facsimile signatures to this Addendum shall be deemed originals.

<PAGE>

Provo International, Inc.

/s/ Ventura Martinez del Rio, Sr.
---------------------------------
Ventura Martinez del Rio, Sr.
Chairman of the Board

Alpha Capital Aktiengesellschaft
Name:
Title:

/s/
------------------------------
Stonestreet Limited Partnership
Name:
Title:

/s/
----------------------------------------
Congregation Mishkan Sholom Incorporated
Name:
Title:

/s/
---------------------
Lucrative Investments
Name:
Title:

Acknowledged:

/s/ Barbara Mittman, Esq.
-------------------------
Barbara Mittman, Esq.
Collateral AgentSupplement Letter to the Revolving Credit Facility Agreement

 Exhibit 10.11 
  

			
	 MULTI-FINELINE ELECTRONIX, INC.
 3140 East Coronado Street, Suite A
 Anaheim, California 92806
	  	

  
  
 June 30, 2004 
  
 Norddeutsche Landesbank Girozentrale, Singapore Branch 
 6 Shenton Way #16-00 
 DBS Building Tower 2 
 Singapore 068809 
  
 Attention:  Mr. Simon Seah / Mr. Darren Hong 
  

	RE:	Supplemental Letter to the Revolving Credit Facility Agreement dated November 26, 2003 (the “Agreement”) between Multi-Fineline Electronix, Inc. (the
“Borrower”) and Norddeutsche Landesbank Gironzentrale, Singapore Branch (the “Bank”) 

  
  
 Dear Sirs, 
  
 We refer to the Agreement. Unless the context otherwise requires, terms defined in the Agreement shall have the same meaning
when used in this Supplemental Letter. 
  
 Pursuant to the
Agreement, the Bank extended to the Borrower the Facility. Pursuant to a facsimile transmission dated March 11, 2004, the Bank set forth the terms upon which it would agree to make certain modifications to the Agreement, including, without
limitation, agreeing to waive certain covenants set forth in the Agreement. The purpose of this Supplemental Letter is to memorialize such amendments in a legally binding agreement between the parties. 
  
 Therefore, in consideration of the mutual covenants and agreements set forth
herein, the adequacy and receipt of such consideration is hereby acknowledged by the parties, the parties hereby agree as follows: 
  
 1.    Reduction of Loan.    Clause 2.1 of the Agreement is hereby amended to reduce the maximum
aggregate principal amount of the Facility from Twenty-Five Million U.S. Dollars (US$25,000,000) to Fifteen Million U.S. Dollars (US$15,000,000). 
  
 2.    Margin.    The definition of “Margin” set forth in Clause 1.1
shall be replaced in its entirety with the following: “Margin: one point four percent (1.4%) per annum; provided, however, that “Margin” shall mean, with respect to all amounts outstanding under the Facility on or after
June 30, 2004, one point five percent (1.5%).” 
  
 3.    Deletion of WBL Shareholding Covenant.    Clauses 9.1(j) and 12.1(g) are hereby replaced in their entirety with the following “[Reserved].” 
  
  
  
  
  
  
 Multi-Fineline Electronix, Inc. 1301 North Dynamics Street, Anaheim, California 92806 
 714/996-1248   Ÿ   Fax
714/996-3834   Ÿ   Modem 714/528-9176   Ÿ   http://www.mflex.com 
  

 June 30, 2004 
  Page
 2
 of 3 
  
 In
consideration of the foregoing, the Borrower shall pay, within five (5) days of the date of this letter, a one-time administration fee of Five Thousand U.S. Dollars (U.S.$5,000) to the Bank, by wire transfer, to an
account designated by the Bank. 
  
 The Bank hereby agrees to
amend the Guarantee, with effect from the date of this Supplemental Letter, to provide that the Guarantor’s obligations under the Guarantee at any time shall be equal to the percentage of the Borrower’s outstanding equity securities then
beneficially owned, directly or indirectly, by the Guarantor; provided, however, that at no time will the Guarantor’s obligations under the Guarantee be reduced to below forty percent (40%) of the outstanding balance
of the Facility, even if the Guarantor then beneficially owns less than forty percent (40%) of the Borrower’s outstanding equity securities. 
  

The Bank hereby acknowledges and agrees (and waives any related claims of default) that the Borrower has reincorporated into the state of Delaware and
the Borrower acknowledges and agrees that it has succeeded to all of the obligations of Multi-Fineline Elextronix, Inc., a California corporation, under the terms of the Agreement. 
  
 Other than with respect to the terms and conditions set forth above, this Supplemental Letter does not modify, change or
delete any other term, provision or covenant relating to or contained in the Agreement, and all such provisions shall remain in full force and effect. References to “this Agreement” in the Agreement shall be deemed to be references to the
Agreement as amended and supplemented by this Supplemental Letter. The Agreement and this Supplemental Letter shall be read and construed together and shall be deemed to constitute one of the same instrument. 
  
 This Supplemental Letter may be executed via facsimile signature and in one
or more counterparts, each of which shall be deemed to be an original, but all of which together shall constitute one and the same instrument. 

 June 30, 2004 
  Page
 3
 of 3 
  
 Please
confirm that the foregoing is in accordance with our understanding by signing and returning to us the enclosed duplicate of this letter. 
  
  
 Sincerely yours, 
  
 MULTI-FINELINE ELECTRONIX, INC. 
  
  
 By:    /s/  Philip A. Harding 

	 	

 Philip A. Harding 
 Chief Executive Officer 
  
  
 Agreed to and Accepted 
  
 NORDDEUTSCHE LANDESBANK GIRONZENTRALE, 
 SINGAPORE BRANCH 
  
 By:    /s/  Simon
Seah  /  /s/  Sim Ee San 

	 	

  
  
 Name:  Simon Seah  /  Sim Ee San 

	 	

  
  
 Title:  Assistant General Manager  /  Assistant General Manager 

	 	

  
  
  
  
 Confirmed,
agreed and accepted 
  
 WBL CORPORATION LIMITED 
  
  
 By:    /s/  Kevin Lew 

	 	

  
  
 Name:    Kevin Lew 

	 	

  
  
 Title:    Group General Manager (Finance)

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00069-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00069-of-00352.parquet"}]]