MEMORANDUM OF AGREEMENT made effective the 27th day of November, 2003.
AMONG:
XXXXXXX INVESTMENTS LTD. a corporation incorporated under the laws of the
Province of Alberta, and having an office at the City of Calgary, Alberta
(herein called the "Purchaser")
- and -
XXXXXXX INTERNATIONAL RESOURCES INC.. a corporation incorporated under the
laws of the State of Nevada, U.S.A., (herein called "Xxxxxxx")
- and -
LOGICAL SEQUENCE INCORPORATED., a corporation incorporated under the laws
of the Province of Ontario, (herein called "Logical")
ADDENDUM AGREEMENT
------------------
WHEREAS the parties hereto entered into a Share Purchase Agreement dated the
30th day of September, 2003 (the "Agreement") a copy of which is attached hereto
for reference; and
WHEREAS the parties hereto wish to amend the Agreement to with respect to the
effective date and closing of the Agreement.
NOW THEREFORE THE PARTIES AGREE AS FOLLOWS:
1. The effective date of the Agreement of September 30th , 2003 is hereby
rescinded.
2. That Logical Sequence Incorporated shall engage Chartered Public
Accountants to audit the financial statements of Logical Sequence
Incorporated for it fiscal year ended March 31, 2003 as soon as
practical.
3. That the revised effective date of the Agreement shall be December 31,
2003 for purposes of consolidation of the financial statements subject
to closing of the agreement.
4. That the closing of the Agreement shall be conditioned upon receipt of
said audited financial statements.
5. That all terms and conditions of the Agreement other than as set forth
above shall remain unchanged and that the purchase and sale transaction
shall be consummated in accordance with the true intention of the
parties.
IN WITNESS WHEREOF the parties hereto have duly executed this Agreement as of
the date first above written.
XXXXXXX INVESTMENTS LTD.
Per: /s/ Xxxxx Xxxxx
----------------------
Xxxxx Xxxxx
Authorized Signing Officer
XXXXXXX INTERNATIONAL RESOURCES INC.
Per: /s/ Xxxxx Xxxxx
----------------------
Xxxxx Xxxxx
Authorized Signing Officer
LOGICAL SEQUENCE INCORPORATED
Per: /s/ Xxxxx X. Xxxxxxx
----------------------
Xxxxx X. Xxxxxxx
Authorized Signing Officer
