Exhibit 6.5
July 12, 1999
Officers and Directors
Motioncast Television Corporation of America
Dear Officers and Directors:
This letter is our clarification and confirmation to you regarding your right of
termination of the "Securities Transfer Agent & Registrar Agreement" between
Xxxxxx Xxxxx Transfer and yourselves, Motioncast Television Corporation of
America, entered into on November 1, 1998.
Please be advised that you the issuer have the right to terminate this agreement
at any time upon your providing us written termination notice, properly
delivered thirty (30) days prior to such termination taking effect and full
payment of any and all monies owed and due.
The fees charged to you pursuant to our Fee Schedule dated January 1, 1999 will
not increase more than 15% prior to January 1, 2001. Any revision made to the
Fee Schedule or any of its charges to Motioncast will be given in writing at
least thirty (30) days prior to the effective date of such changes.
We thank you for your business.
So signed and agreed to this 12th day of July 1999
By /s/ Xxxx X. Xxxxxx
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Xxxx X. Xxxxxx, President
Xxxxxx Xxxxx Transfer
