Contract
EXHIBIT 10.2
FIRST
AMENDMENT TO THE LICENCE AND DISTRIBUTION AGREEMENT
BETWEEN
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(1)
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Sona Mobile Inc. (EIN 20
– 0375677) and Sona
Innovations, Inc. (BN 86762 2441), whose registered offices are at
39th
Floor, 000 Xxxx Xxxxxx, Xxx Xxxx, XX 00000 (collectively "Sona Group
")
Tel: +
0 000 000 0000
Fax: +
1 000 000 0000
Email: xxx.xxxxx@xxxxxxxxxx.xxx
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AND
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(2)
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eBet Limited (ABN 59 059
210 774), eBet Gaming
Systems Pty. Ltd. (ABN 50 086 218 832) and eBet Systems Pty. Ltd.
(ACN 088 033 121) whose registered offices are at Xxxx 00, 000-000
Xxxxxxxx Xxxx, Xxxxxxxxx Xxxx, XXX 0000 Xxxxxxxxx (collectively, the
“eBet
Companies”)
Tel: +
00 0 0000 0000
Fax: +
61 2 8817 4770
Email:
xxxxxxx@xxxxxxxxxx.xxx
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The
Parties hereby enter into this First
Amendment
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Signed,
sealed and delivered by Sona Mobile Inc.:
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/s/
XXX XXXXX
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Date:
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August
21, 2008
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Authorised
Signatory
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| Signed, sealed and delivered by Sona Innovations, Inc.: |
/s/
XXXXXXX XXXXXXX
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Date:
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August
21, 2008
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Authorised
Signatory
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Signed,
sealed and delivered by eBet Limited
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/s/
XXXXXXX XXXXXX
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Director
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Date:
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August
22, 2008
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/s/
XXX XXXXX
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Director
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Signed,
sealed and delivered by eBet Gaming Systems Pty. Ltd.
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/s/
XXXXXXX XXXXXX
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Director
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Date:
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August
22, 2008
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/s/
XXX XXXXX
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Director
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Signed,
sealed and delivered by eBet Systems Pty. Ltd.
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/s/
XXXXXXX XXXXXX
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Director
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Date:
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August
22 2008
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/s/
XXX XXXXX
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Director
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A.
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The
Parties desire to enter into this first amendment (“First Amendment”) to
the Licence and Distribution Agreement between Sona Mobile, Inc and Sona
Innovations, Inc. and eBet Limited, eBet Gaming Systems Pty. Ltd. and eBet
Systems Pty. Ltd., dated August 17, 2008 (the “Licence Agreement”) to
allow additional time to complete the Master Services
Agreement.
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B.
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It
was the intent of the Parties to have a completed and executed Master
Services Agreement between eBet Services Pty. Limited (ACN 000 000 000) of
Australia and eBet limited (ACN 000 000 000) and Sona Mobile
Holdings Corp. (EIN 00-0000000) of the USA (the “Master Services
Agreement”) no later than the Closing Date as defined under the Licence
Agreement as on or before 22 August
2008.
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C.
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This
First Amendment sets out the terms and conditions of the agreements
between the Parties.
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NOW
THEREFORE, in consideration of the mutual agreement of the Parties contained in
this Amendment, and for good and other valuable consideration, the receipt and
sufficiency of which is acknowledged, the Parties agree as follows:
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1.
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All
capitalised terms used within this First Amendment shall be as those terms
are defined under the Licence Agreement unless otherwise defined within
this First Amendment.
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2.
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Where
there is a conflict between this First Amendment and the Licence
Agreement, this First Amendment shall govern between the
Parties.
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3.
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The
Parties acknowledge and agree that the Closing Date as defined in Section
1.1 of the License Agreement is hereby defined as; “on or before 25 August
2008.”
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4.
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The
Parties agree that all other clauses, terms, provisions, covenants and
conditions of the Licence Agreement shall remain in full force and effect
and are not otherwise altered by this First
Amendment.
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5.
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This
First Amendment may be executed in counterparts, each of which shall be
deemed to be an original, and all of which together shall be deemed to be
one and the same instrument. Delivery of an executed
counterpart of a signature page of this First Amendment or any document or
instrument delivered in connection herewith by telecopy or electronic
portable document format (delivered by electronic mail) shall be as
effective as delivery of a manually executed counterpart of this First
Amendment or such other document or instrument as applicable. The
electronic copies so signed will constitute originally signed copies of
the same consent requiring no further
execution.
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