EXHIBIT 4.8
AMENDMENT NO. 1
TO
CONSULTING SERVICES AGREEMENT
THIS FIRST AMENDMENT TO CONSULTING SERVICES AGREEMENT, dated November 25,
2003 (the "First Amendment"), is by and among Daedalus Ventures, Inc. (the
"Consultant"), and Reality Wireless Networks, Inc., a Nevada corporation (the
"Client").
RECITALS
A. The Consultant and the Client entered into a Consulting Services
Agreement dated July 5, 2003, a copy of which is attached hereto as Exhibit A
(the "Agreement"), pursuant to which the Consultant agreed to provide certain
consulting services to the Client.
B. Client and Consultant wish to amend Sections 2 and 6(a) of the
Agreement to extend the duration of the Agreement and provide for additional
consideration in exchange for additional consulting services.
AGREEMENT
NOW, THEREFORE, in consideration of the foregoing, and the mutual
agreements, representations, warranties and covenants contained herein, and for
other good and valuable consideration the receipt of which is hereby
acknowledged, the parties hereto agree as follows:
A. Section 2 of the Agreement shall be deleted in its entirety and shall read
as follows:
2. Consideration.
Client agrees to pay Consultant, as his fee and as consideration for
services provided, Two Million Five Hundred Thousand (2,500,000) shares of
common stock of the Client. By amendment dated November 25, 2003, Client agrees
to pay Consultant an additional 14,000,000 shares of common stock of the
Client."
B. Section 6(a) of the Agreement shall be deleted in its entirety and shall read
as follows:
(a) Term.
This Agreement shall become effective on the date appearing next to the
signatures below and terminate twelve (12) months thereafter. Unless otherwise
agreed upon in writing by Consultant and Client, this Agreement shall not
automatically be renewed beyond its Term."
EXECUTED on the date first set forth above.
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CLIENT:
REALITY WIRELESS NETWORKS, INC.
By : _________________________
▇▇▇▇▇▇ ▇▇▇▇▇▇ - President
CONSULTANT:
DAEDALUS VENTURES, INC.
By:
-------------------------------
Name:
Its:
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