LICENSE AGREEMENT
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ENTERED INTO IN MONTREAL, this 4th day of February 2000.
BETWEEN: XXXX-XXX.XXX, INC., a Florida corporation duly
constituted under the laws of Florida, having its
heard office or principal place of business at
000-000 X.xxxxxx Xx., Xxxxxxxxx, XX, X0X 0X0
(hereinafter referred to as the "Licensor")
AND: G.T.C. TRANSCONTINENTAL GROUP LTD., a corporation
duly constituted under the laws of Canada, having its
head office or principal place of business at 0 Xxxxx
Xxxxx Xxxxx, Xxxxx 0000, Xxxxxxxx, Xxxxxx, X0X 0X0
(hereinafter referred to as the "Licensee")
SECTION 1
AMENDMENT
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1.1 License Agreement between Licensor and Licensee remains intact
excepting:
a) SECTION 2 sub-section 2.2 "exclusive right to use, market and
sublicense the Software in the Territory" is herein changed by the
Licensor and Licensee to "non-exclusive right to use, market and
sublicense the Software in the Territory."
b) SECTION 2 sub-section 2.3 is herein deleted from the License Agreement.
IN WITNESS WHEREOF the parties have caused this Amendment to the Agreement to be
executed by their respective officers duly authorized, as of the date first
mentioned in this Amendment.
(Licensor) XXXX-XXX.XXX, INC.
Per: /S/ XXXXX XXXXXXX
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Name: Xxxxx Xxxxxxx
Title: President and CEO
(Licensee) G.T.C. TRANSCONTINENTAL GROUP, LTD.
Per: /S/ XXXX-XXXXXXXX XXXXXXXXX
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Name: Xxxx-Xxxxxxxx Xxxxxxxxx
Title President Transcontinental
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