EPICEDGE INC
EX-10.35
<DOCUMENT>
<TYPE>EX-10.35
<SEQUENCE>5
<FILENAME>j2460_ex10d35.htm
<DESCRIPTION>EX-10.35
<TEXT>
<html>



<head>



<title>Prepared by MERRILL CORPORATION</title>



</head>



<body>



<div>



<p align="right" style="font-family:'Times New Roman';font-size:12.0pt;font-weight:bold;margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Times New Roman"><font style="font-size:10.0pt;font-weight:normal;">Exhibit

10.35</font></font></b></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;font-weight:bold;margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></b></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;font-weight:bold;margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></b></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;font-weight:bold;margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">AMENDMENT TO PROMISSORY NOTE</font></font></b></p>



<p align="center" style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">This <b><font style="font-weight:bold;">AMENDMENT TO PROMISSORY NOTE </font></b>(the

&#147;Amendment&#148;) is made this 31st day of August 2001, between EpicEdge, Inc., a

Texas corporation (&#147;Maker&#148;), and Carl R. Rose&#160;

(&#147;Payee&#148;).</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<h1 style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">PREAMBLE</font></font></b></h1>



<p align="center" style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;text-indent:.25in;"><b><font size="2" face="Times New Roman"><font style="font-size:10.0pt;font-weight:bold;">WHEREAS</font></font></b><font size="2"><font style="font-size:10.0pt;">, Maker executed a Convertible Promissory

Note on the 11<sup>th</sup> day of November, 2000 whereby it promised to pay to

the order of Payee the sum of $500,000, (the &#147;Original Note&#148;), and</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;text-indent:.25in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;text-indent:.25in;"><b><font size="2" face="Times New Roman"><font style="font-size:10.0pt;font-weight:bold;">WHEREAS</font></font></b><font size="2"><font style="font-size:10.0pt;">, in order to maximize the purposes for which

the Original Note was procured, Maker and Payee have agreed to amend the

payment terms.</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;text-indent:.25in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;text-indent:.25in;"><b><font size="2" face="Times New Roman"><font style="font-size:10.0pt;font-weight:bold;">NOW, THEREFORE</font></font></b><font size="2"><font style="font-size:10.0pt;">, in exchange for ten and

no/100 dollars ($10), the mutual promises contained herein, and other good and

valuable consideration, the receipt and sufficiency of which are hereby

acknowledged, the parties hereto agree to amend the Original Note as follows:</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt .25in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">1.&#160;&#160;&#160;&#160; Section (a) of the

introductory paragraph of the Original Note shall be amended to reflect that

interest shall be paid based on the principal amount plus accrued interest

commencing September 1, 2001;</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt .25in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">2.&#160;&#160;&#160;&#160; Section 1(b) of the

Original Note shall be deleted;</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">3.&#160;&#160;&#160;&#160; Section 3(a) of the

Original Note shall be amended to increase the conversion rate from fifty cents

($.50) to one dollar ($1.00);</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">4.&#160;&#160;&#160;&#160; Section 2 of the Original

Note shall be amended to increase the cure period upon written notice of an

event of default from ten (10) days to thirty (20) days;</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">5.&#160;&#160;&#160;&#160; Section (b) of introductory

paragraph of the Original Note shall be amended to reflect that the principal

shall mature on December 1, 2002. If the company defaults, the Payee has at its

sole discretion the right to either convert the note at $.50 per share, demand

payment or to extend the maturity date until December 1, 2003. If the company

again defaults, the Payee has at its sole discretion the right to either

convert the note at $.25 per share, demand payment or extend the maturity date

until December 1, 2004.</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">6.&#160;&#160;&#160;&#160; All other terms of the

Original Note shall remain unmodified.</font></font></p>



<font size="2" face="Times New Roman"><font style="font-family:'Times New Roman';font-size:10.0pt;">
<!-- SEQ.=1 -->
<br clear="all" style="page-break-before:always;">

</font></font>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;text-indent:.25in;"><b><font size="2" face="Times New Roman"><font style="font-size:10.0pt;font-weight:bold;">IN WITNESS WHEREOF</font></font></b><font size="2"><font style="font-size:10.0pt;">, each of the parties hereto

has executed this Amendment or has caused this Amendment to be executed on its

behalf by a representative duly authorized, all as of the date first above set

forth.</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<table border="0" cellspacing="0" cellpadding="0" width="91%" style="border-collapse:collapse;margin-left:.25in;width:91.0%;">

 <tr>

  <td width="45%" colspan="2" valign="top" style="padding:0in .7pt .7pt .7pt;width:45.1%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman"><font style="font-size:10.0pt;font-weight:bold;">MAKER:</font></font></b></p>

  </td>

  <td width="54%" valign="top" style="padding:0in .7pt .7pt .7pt;width:54.9%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="6%" valign="top" style="padding:0in .7pt .7pt .7pt;width:6.08%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="39%" valign="top" style="padding:0in .7pt .7pt .7pt;width:39.02%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="54%" valign="top" style="padding:0in .7pt .7pt .7pt;width:54.9%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="45%" colspan="2" valign="top" style="padding:0in .7pt .7pt .7pt;width:45.1%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman"><font style="font-size:10.0pt;font-weight:bold;">EPICEDGE,

  INC.</font></font></b></p>

  </td>

  <td width="54%" valign="top" style="padding:0in .7pt .7pt .7pt;width:54.9%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="6%" valign="top" style="padding:0in .7pt .7pt .7pt;width:6.08%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="39%" valign="top" style="padding:0in .7pt .7pt .7pt;width:39.02%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="54%" valign="top" style="padding:0in .7pt .7pt .7pt;width:54.9%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="6%" valign="bottom" style="padding:0in .7pt .7pt .7pt;width:6.08%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">By:</font></font></p>

  </td>

  <td width="39%" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in .7pt .7pt .7pt;width:39.02%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="54%" valign="top" style="padding:0in .7pt .7pt .7pt;width:54.9%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="6%" valign="bottom" style="padding:0in .7pt .7pt .7pt;width:6.08%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">Name:</font></font></p>

  </td>

  <td width="39%" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in .7pt .7pt .7pt;width:39.02%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="54%" valign="top" style="padding:0in .7pt .7pt .7pt;width:54.9%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="6%" valign="bottom" style="padding:0in .7pt .7pt .7pt;width:6.08%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">Title:</font></font></p>

  </td>

  <td width="39%" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in .7pt .7pt .7pt;width:39.02%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="54%" valign="top" style="padding:0in .7pt .7pt .7pt;width:54.9%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="6%" valign="top" style="padding:0in .7pt .7pt .7pt;width:6.08%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="39%" valign="top" style="border:none;padding:0in .7pt .7pt .7pt;width:39.02%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="54%" valign="top" style="padding:0in .7pt .7pt .7pt;width:54.9%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="45%" colspan="2" valign="top" style="padding:0in .7pt .7pt .7pt;width:45.1%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman"><font style="font-size:10.0pt;font-weight:bold;">PAYEE:</font></font></b></p>

  </td>

  <td width="54%" valign="top" style="padding:0in .7pt .7pt .7pt;width:54.9%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="6%" valign="top" style="padding:0in .7pt .7pt .7pt;width:6.08%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="39%" valign="top" style="padding:0in .7pt .7pt .7pt;width:39.02%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="54%" valign="top" style="padding:0in .7pt .7pt .7pt;width:54.9%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="45%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in .7pt .7pt .7pt;width:45.1%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

  <td width="54%" valign="top" style="padding:0in .7pt .7pt .7pt;width:54.9%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

 <tr>

  <td width="45%" colspan="2" valign="top" style="border:none;padding:0in .7pt .7pt .7pt;width:45.1%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman"><font style="font-size:10.0pt;font-weight:bold;">CARL R.

  ROSE</font></font></b></p>

  </td>

  <td width="54%" valign="top" style="padding:0in .7pt .7pt .7pt;width:54.9%;">

  <p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;">&nbsp;</p>

  </td>

 </tr>

</table>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt .25in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



<p style="font-family:'Times New Roman';font-size:12.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">&nbsp;</font></font></p>



</div>



</body>



</html>


</TEXT>
</DOCUMENT>
