AMENDMENT NO. 2 (TWO) TO CONTENT LICENSE AGREEMENT
Reference is made to the Content License Agreement (the "Agreement")
between Integrative Medicine Communications, Inc. ("IMC") and
xxxxxxxxxxxxxxxx.xxx ("Host") dated as of March 24, 2000 and Amendment No. 1 to
the Agreement dated July 28, 2000. Capitalized terms used and not otherwise
defined herein shall have the meanings given to them in the Agreement.
WHEREAS, the Parties wish to amend the Agreement to redefine the Term,
modify payment terms, and modify the Content being licensed as herein provided.
NOW, THEREFORE, for good and valuable consideration, receipt and
sufficiency of which are hereby acknowledged, the Parties hereby agree to amend
the Agreement as follows:
1. Section 7.1 of the Agreement and Section 3 of Amendment No. 1 to the
Agreement shall be replaced by the following sentence:
This Agreement shall commence upon February 1, 2001 (the "Effective
Date") and shall continue in force for a term (the "Term") of
seventeen months (ending June 30, 2002).
2. Section 2.1 of the Agreement shall be replaced by the following
paragraph:
As consideration for the rights and license granted to Host
hereunder for the Content, Host shall pay IMC $85,000 payable in
consecutive monthly increments of $5,000 each beginning February 1,
2001. If any single payment is not received by the first of the
month it is due, that payment and all remaining monthly payments for
the balance of the Term shall increase to $6,250 each.
3. The third sentence in Section 3 "Provision of Content" of the
Agreement shall be deleted.
4. Section 2.2 of the Agreement under "Payments" shall be deleted.
5. Exhibit A of the Agreement shall be replaced with the attached
Exhibit A - Amendment No. 2 (Two).
6. The Agreement and Amendment No. 1 (One) to the Agreement, as hereby
amended, are hereby ratified and confirmed and shall remain in full
force and effect.
IN WITNESS WHEREOF, each of the Parties has caused a duly authorized
officer or agent to execute this Amendment effective as of the 31st day of
January, 2001.
INTEGRATIVE MEDICINE
COMMUNICATIONS, INC. XXXXXXXXXXXXXXXX.XXX
By: /s/ Xxxxxx Ludorese By: /s/ Xxxxxx Xxxxxxxx
----------------------------- ----------------------------------
Signature of Authorized Officer Signature of Authorized Officer
Xxxxxx Ludorese Xxxxxx Xxxxxxxx
--------------------------------- ----------------------------------
Printed Name Printed Name
President President
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Title Title
EXHIBIT A - AMENDMENT NO. 2 (TWO)
CONTENT
Patient Education (Consumer) Condition, Herb, Supplement, Drug, Depletion, and
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2000 Integrative Medicine Communications on all pages accept the
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