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Exhibit 10.49
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[LOGO] Aviation
Group, Inc.
September 29, 2000
Mr. Bill Kerby, CEO
Travelbyus.com.ltd.
204-3237 King George Hwy.
South Surrey, B.C. V4P 1B7
Canada
RE: Global Leisure Travel Management Agreement Amendment
Dear Bill,
Per our prior conversations, following is the additional language relating
to tbu's management agreement with Global Leisure Travel, Inc. The following
language be included at the end of Section 5(f):
"... including funding by travelbyus of amounts relating to GLT's working
capital payables, accrued liabilities, and sums presently guaranteed by
travelbyus under the SW Pelham Fund, L.P. note existing at the execution
date of this agreement."
Thank you for your assistance in this matter.
Sincerely,
/s/ Richard Morgan
Richard Morgan
Executive Vice President
AGREED THIS 2 DAY
OCTOBER, 2000.
/s/ William Kerby
William Kerby, CEO
travelbyus.com.ltd.