OPTION AMENDING AGREEMENT
THIS AGREEMENT dated for reference September 14, 2001
BETWEEN:
MARKATECH INDUSTRIES CORPORATION, a body duly incorporated
under the laws of the Province of British Columbia, Canada
and having an office at 000 Xxxx 00xx Xxxxxx, Xxxxxxxxx,
X.X., X0X 0X0 ("Markatech").
OF THE FIRST PART
AND:
SEDONA SOFTWARE SOLUTIONS INC., a body corporate, duly
incorporated under the laws of the State of Nevada and
having an office at 000 - 0000 Xxxxxx Xxxxxx, Xxxxxxxxx,
X.X., X0X 0X0 ("Sedona").
OF THE SECOND PART
WHEREAS:
A. Markatech is the developer and owner of a
100% interest in the Autonet Parking Ticket Violation
Management System ("Autonet").
B. Markatech has agreed to grant to Sedona the
right, privilege and option to conduct a due diligence
review of Autonet.
C. Markatech has agreed to grant to Sedona a
time extension of the right, privilege and option to conduct
a due diligence review of Autonet
NOW THEREFORE in consideration of ten dollars ($10.00) and
other good and valuable consideration (the receipt and
sufficiency of which are hereby acknowledged), the parties
have agreed that the Option Agreement dated April 30, 2000
is hereby amended as follows:
The following date is deleted:
Para. 3.2, line2, delete: "October 1, 2001".
The following date is added:
Para 3.2, line2 add: "January 1, 2002".
ENTIRE AGREEMENT:
This Agreement together with the Option
Agreement dated April 30, 2000, constitutes the entire
agreement to date between the parties hereto and supersedes
every previous agreement, communication, expectation,
negotiation, representation or understanding, whether oral
or written, express or implied, statutory or otherwise,
between the parties with respect to the subject matter of
this Agreement.
IN WITNESS WHEREOF this Agreement has been executed as of
the day and year first above written
MARKATECH INDUSTRIES CORPORATION
/s/ Xxx Xxxxx
per _______________________________
Xxx Xxxxx, director
SEDONA SOFTWARE SOLUTIONS INC.
/s/ X. X. Xxxxxx
Per _______________________________
X.X. Xxxxxx, director
