Exhibit 10.2
VIA FACSIMILE AND FEDERAL EXPRESS (301) 601-3221
December 20, 1999
Xx. Xxxxxx X. Xxxxxx
President & CEO
e-Net, Inc.
00000 Xxxxxxxxxxx Xxxx
Xxxxx 000
Xxxxxxxxxx, XX 00000
Re: Equity Investment by Cincinnati Xxxx Inc. d/b/a Broadwing Inc.
Dear Xxxxxx:
This letter will serve to confirm our agreement of the following with regard to
the Revenue Sharing, Service Development and Joint Marketing Alliance Agreement
dated September 14, 1999 between e-Net, Inc. and IXC Communications, Inc., as
amended by letter agreement between e-Net and Cincinnati Xxxx Inc. d/b/a
Broadwing Inc. (as so amended, the "Agreement").
Upon funding and delivery of the exercise price, the shares of e-Net, Inc.
common stock shall be issued to Broadwing Holdings Inc., a Delaware corporation
that is wholly owned subsidiary of Cincinnati Xxxx Inc., and which has its
principal place of business in Delaware.
Except as modified by this letter, all terms and conditions of the Agreement
remain in effect.
If the above accurately represents your understanding of our agreement, I would
appreciate you signing and returning a copy of this letter to me.
Very Truly Yours,
/s/ Xxxxxxx X. Xxxxxxxxxxx
---------------------------------
Xxxxxxx X. Xxxxxxxxxxx
AGREED:
/s/ Xxxxxx X. Xxxxx
-------------------------
Xxxxxx X. Xxxxx, VP Finance & CFO
Date: 12/17/99
