EXHIBIT 10.1
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ADMINISTRATIVE SERVICES AGREEMENT
AMENDMENT NO. 1
This Amendment dated March 5, 2008 to the Administrative Services Agreement (the
"Agreement") originally dated August 1, 2004 by and between iVoice, Inc., a New
Jersey corporation ("iVoice") and iVoice Technology, Inc., a New Jersey
corporation (the "Company").
WHEREAS, the parties have agreed to amend this Agreement.
NOW THEREFORE, in consideration of the foregoing premises and the respective
promises and agreements of the parties set forth herein, the parties hereto
agree as follows:
1. Effective on September 1, 2005, the Services Fee shall be revised to
equal Four Thousand and Two Hundred and Twenty Dollars and Ninety-six
Cents ($4,220.96).
2. The Services Fees as defined in Section 3 of this Agreement and that
are earned, accrued and remain unpaid shall be aggregated and converted
into a Convertible Promissory Note in substantially the form as set
forth in Exhibit A herein.
3. All other terms and conditions of the Agreement shall remain in full
force and effect.
IN WITNESS WHEREOF, the parties have caused this Amendment to be duly executed
as of date written below:
IVOICE, INC. IVOICE TECHNOLOGY, INC.
By: ___________________ By: ___________________
Xxxxxx Xxxxxxx Xxxxxx Xxxxxxx
President and President and
Chief Executive Officer Chief Executive Officer