EXHIBIT 2
AGREEMENT
DATED this 9th day of November, 2004
BY AND BETWEEN:
LEGALPLAY ENTERTAINMENT INC. (formerly known as Xxxxx.xxx Inc.) a company
with offices at Xxxxx 000, 000 Xxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxx Xxxxxxxx,
XXXXXX.
(referred to as "LegalPlay")
AND:
UNINET TECHNOLOGIES INC. a company with offices at Xxxxx 000, 0000 Xxxxxxx
Xxxxxx, Xxxxxxxxx, Xxxxxxx Xxxxxxxx, XXXXXX.
(referred to as "Uninet")
WHEREAS:
- Uninet was granted a worldwide 99-year license to use the URL
"xxxxx.xxx" by Ala Corp., which they re-licensed to LegalPlay
Entertainment Inc. ("LegalPlay").
- Ala Corp. arbitrarily terminated the license without just cause and
transferred the URL to Communication Services Inc. ("CSI").
- Uninet and LegalPlay entered an Agreement dated February 3rd 2003 to
commence a joint prosecution against Ala Corp. and CSI.
NOW THEREFORE for valuable consideration given and received and by their mutual
covenants, the parties agree as follows:
1 For prosecuting the action against Ala Corp. Uninet will be entitled
to a 50% ownership in the rights of the xxxxx.xxx URL. For
clarification, Uninet will be entitled to receive 50% of all revenue
received by LegalPlay in using and/or re-licensing the URL to any
third party.
2 In the event LegalPlay is unable to continue to contribute fees to the
proposed legal action to recover the use of the xxxxx.xxx URL,
Xxxxx.xxx hereby agrees to assign NINETY per cent (90%) of their
right, title and interest in and to the use of the URL to Uninet. In
this regard, LegalPlay irrevocably undertakes to allow Uninet to act
for and/or represent LegalPlay in order to continue prosecuting the
joint action against CSI and any other action that Uninet believes
should be taken against Ala Corp. and/or CSI, for which costs Uninet
will be responsible.
3 LegalPlay undertakes to sign all such documentation to pursue the
contemplated action and to give effect to this Agreement.
IN WITNESS WHEREOF the parties have executed and delivered this Agreement as of
the date first written above.
LEGALPLAY ENTERTAINMENT INC. UNINET TECHNOLOGIES INC.
by its authorized signatory: by its authorized signatory:
/s/ Xxxx Xxxxxxx /s/ Xxxxxxx Xxxxxxx
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Xxxx Xxxxxxx, President Xxxxxxx Xxxxxxx, President
