CLIENT SERVICES AGREEMENT- AMENDMENT
CLIENT SERVICES AGREEMENT- AMENDMENT
THIS AMENDMENT is entered into this 19th day of August, 2013 between Xxxxxx-1, LLC (“Xxxxxx”) and Transfer Enterprises, Inc (“Transfer Enterprises”).
WHEREAS, Section 6(b) of the Client Services Agreement dated May 10, 2013 between Xxxxxx-1 and Transfer Enterprises provides for the possibility that Transfer Enterprises shall compensate Xxxxxx-1 in stock for Xxxxxx-1’s services;
Xxxxxx-1 and Transfer Enterprises hereby agree that Xxxxxx-1 shall not be compensated by any shares of stock in Transfer Enterprises;
Xxxxxx-1 shall be compensated in cash as described in Section 6(a) of the Client Services Agreement.
All other provisions of the existing Client Services Agreement shall remain in effect.
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WHEREFORE, the parties have executed this agreement as of the date first mentioned above.
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XXXXXX-1, LLC
By: /s/Xxxx Xxxxxxx
Xxxx Xxxxxxx, Managing Member
By: ____/s/ Xxxxx Gruenbaum__________
Xxxxx Xxxxxxxxx, President