ADDENDUM TO BRIDGE LOAN AGREEMENT DATED MARCH 31, 2008 BETWEEN SINGLE TOUCH SYSTEMS INC. (FKA HOSTING SITE NETWORK, INC.) AND SINGLE TOUCH INTERACTIVE, INC.
EXHIBIT
10.2
ADDENDUM
TO BRIDGE LOAN AGREEMENT DATED MARCH 31, 2008 BETWEEN SINGLE TOUCH SYSTEMS
INC.
(FKA HOSTING SITE NETWORK, INC.) AND SINGLE TOUCH INTERACTIVE,
INC.
This
Addendum is made and entered into as of the 29th
day of
May 2008. Unless otherwise defined herein, capitalized terms used in this
Addendum shall have the meaning given to them as in the Bridge Loan
Agreement.
NOW,
THEREFORE, in consideration of the respective covenants contained herein and
intending to be legally bound hereby, the Parties hereto agree as
follows:
1. The
first
WHEREAS clause of the Bridge Loan Agreement is amended to read as
follows:
“WHEREAS,
Lender and Borrower have agreed upon certain of the terms and conditions of
a
merger (the “Merger”) and related transactions (collectively, the
“Transactions”) which is expected to be completed and closed upon no later than
June 30, 2008 (the “Completion Date”);”
2. All
other
terms of the Bridge Loan Agreement shall continue with full force and
effect.
3. This
Addendum may be executed in any number of counterparts, each of which shall
be
deemed to be an original, but all of which taken together shall constitute
one
and the same agreement.
IN
WITNESS WHEREOF, this Addendum has been executed by the Parties as of the date
first above written:
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SINGLE
TOUCH INTERACTIVE, INC.
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By:
/s/
Xxxxxxx Xxxxxxxx
Name: Xxxxxxx
Xxxxxxxx
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Title: Chief
Executive Officer
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SINGLE
TOUCH SYSTEMS INC.
(FKA
HOSTING SITE NETWORK, INC.).
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By:
/s/
Xxxxx Xxxxxx
Name: Xxxxx
Xxxxxx
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Title: President
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