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ALLONGE TO SUBORDINATED PROMISSORY NOTE
Under date of November 17, 1999, Nutrition For Life International, Inc., a
Texas corporation ("NFLI") made a Subordinated Promissory Note (the "Note") to
Pailla Reddy ("Reddy") in the principal amount of $2,500,000.
NFLI and Reddy agree to amend the Note to provide that the first payment of
principal of $1,000,000, plus interest, which was originally due one year from
the date of the Note shall be due the earlier to occur of (i) the sale of all or
substantially all of the assets or stock of NFLI; or (ii) May 17, 2001.
This Allonge is an amendment to the Note and does not constitute discharge
of the Note.
This Allonge has been executed to be effective November 17, 2000, and is
subject to the consent of General Electric Capital Corporation, NFLI's Senior
Lender.
NUTRITION FOR LIFE INTERNATIONAL, INC.
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Signature
David P. Bertrand
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Print Name
President
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Title
ACCEPTED:
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Pailla Reddy
