THIS AMENDMENT TO AGREEMENT
Exhibit 99.3
THIS AMENDMENT TO AGREEMENT
Is dated effective this 20th day of March, 2008
BETWEEN
Blink Logic Inc., a Nevada corporation having an office at 0000 Xxxxxxx Xxxxxxx, Xxxxx 000X, Xxxx Xxxxxx, XX, 00000
(Hereinafter, the “Company”)
AND
MKR Group, Inc., a company having an office at 0000 X. Xxxxxx Xxxxxxxxx, Xxxxx X0, Xxx Xxxxxxx, XX, 00000
(Hereinafter, “MKR”)
WHEREAS:
i.
The Company and MKR entered into an Agreement dated the 22nd day of January, 2008 (the “Agreement”)
ii.
The Company and MKR desire to amend the Agreement
THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, Company and MKR agree as follows:
1.
Paragraph 3 is amended to add the following:
In consideration of the investor relations services rendered by MKR to the
Company, the Company will issue a warrant to MKR to purchase 200,000 shares of restricted common stock of the Company at $1.00 per share until March 15, 2012. The warrant will vest as follows:
-
50,000 shares on June 15, 2008
-
50,000 shares on September 15, 2008
-
50,000 shares on December 15, 2008
-
50,000 shares on March 15, 2009
2.
All other terms and conditions of the Agreement shall remain the same.
In Witness Whereof, the Company and MKR have executed this Amendment to Agreement this 20th day of March, 2008
MKR Group, Inc.
/s/ Xxxx X Xxxxxx
/s/ Xxxxx Xxxxxx
____________________
____________________
Per: Xxxx X. Xxxxxx,
Per: Xxxxx Xxxxxx,
EVP, MKR
CEO, Blink Logic