EXHIBIT 10.1
AMENDMENT TO
SOFTWARE LICENSE AGREEMENT
AGREEMENT, made as of September 16, 2003 by and between 3720161 Canada
Corporation, a Canadian corporation, d/b/a Mobilair Integration ("Mobilair");
and Medical Licensing International Corp., a Delaware corporation ("MLSI").
WHEREAS, the parties have entered into a Software License Agreement (the
"License Agreement") dated the date hereof, which provides, among other things,
for the issuance of 12,900,000 shares of MLSI restricted common stock to
Mobilair; and
WHEREAS, Mobilair has advised MLSI, that in consideration of money owed
by it to Dominion Investments Ltd. ("Dominion") for financial and legal services
rendered, that 3,870,000 of the 12,900,000 MLSI shares are to be issued in the
name of Dominion and sent directly to Dominion upon issuance.
NOW IT IS HEREBY AGREED AS FOLLOWS
1. REMUNERATION. Section 5 of the License Agreement is hereby amended to
read as follows:
"5. REMUNERATION
5.1 As a consideration to the granting of the exclusive
rights pursuant to Section 2 hereunder, the Licensee
agrees to allot and issue to Mobilair and its assignees,
the following restricted shares of common stock of its
capital stock (the "Licensee Restricted Shares").
5.1.1 as of the date of this Agreement, Licensee shall issue
to Mobiliar an aggregate of 9,030,000 Licensee
Restricted Shares;
5.1.2 as of the date of this Agreement and as further
consideration for the license, Licensee shall issue an
aggregate of 1,000,000 Licensee Restricted Shares to the
Mobilair Employees listed on Schedule 5.1.2 hereto;
5.1.3 as of the date of this Agreement and as further
consideration for the license, Licensee shall issue
3,870,000 Licensee Restricted Shares to Dominion
Investments Ltd."
2. NO OTHER CHANGES. All other terms and provisions of the License
Agreement shall continue with full force and effect.
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IN WITNESS WHEREOF, the parties have signed this Amendment as of the
16th day of September 2003.
3720161 CANADA CORPORATION
By: /s/ Xxxxxx Xxxxxxxx
Name: Xxxxxx Xxxxxxxx
Title: President
MEDICAL LICENSING INTERNATIONAL CORP.
By: /s/ Xxxxxx Xxxxxxxx
Name: Xxxxxx Xxxxxxxx
Title: President
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