Agreement to Amend the Marketing
and Network Services Agreement
This agreement is to amend the Marketing and Network Services Agreement between
Xxxxxxxx.Xxx Inc. ("Innofone") and ePhone Telecom Inc. ("EPhone").
WHEREAS Innofone and ePhone have entered into a Marketing and Network Service
Agreement dated January 8, 2001 (the "Agreement").
AND WHEREAS at clause 9 of the Agreement, Innofone is required to repay the set
up fee to ePhone within 90 days from January 19, 2001 and should it not be
repaid, ePhone has the right to convert its fee into shares within 90 days from
January 19, 2001 (the "Time Period"):
AND WHEREAS Innofone and ePhone have determined that it is mutually advantageous
to extend the "Time Period".
NOW AND THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the payment
of $10.00 Canadian funds and other good and valuable consideration (the receipt
and efficiency of which is hereby acknowledged) by ePhone to Innofone, the
parties hereby agree as follows:
* the Agreement is hereby amended to allow Innofone to repay the set-up
fee to ePhone within 270 days from January 19, 2001; and
* the parties agree that in all other respects the Agreement shall remain
in full force and effect and is capable of being enforced by either
party.
AGREED at Toronto this 28th day of March, 2001.
Xxxxxxxx.xxx Inc. ePHONE Telecom, Inc.
/s/ Xxxxx Xxxx /s/ Xxxxxx Xxxxx
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Xxxxx Xxxx Xxxxxx Xxxxx
President & CEO Chairman and CEO
