EXHIBIT 10.20
ADDENDUM
ADDENDUM to the February, 2005 Consulting Agreement, ("Agreement"), and its
subsequent Addendums between JB Toys, LLC and Raven Animation, Inc., two wholly
owned subsidiaries of Raven Moon Entertainment, Inc. and Management Solutions
International, Inc., ("MSI").
The Parties hereto agree to amend the Agreement as follows:
1. The amount of compensation due MSI in SB2 stock for services as
indicated in Paragraph 3.2 of the Agreement shall be amended from
Thirty Five Thousand Dollars ($35,000), to "Sixteen Thousand Dollars
($16,000)";
2. The amount of Options MSI shall have the right to purchase per month
as indicated in Paragraph 3.3 of the Agreement shall be amended from
Thirty Five Thousand Dollars ($35,000) to "Fifty Four Thousand Dollars
($54,000)";
3. The following sub Paragraph shall be added under "Scope of Services:"
1a). MSI's scope of services may be reduced at the discretion of
Raven Moon on a monthly basis in consideration of MSI
exercising its Options as outlined in Paragraph 3.3 of the
Agreement as amended herein.
4. These amendments shall be effective immediately upon the date of the
execution of this Addendum.
This Addendum to the Agreement and its subsequent Addendums, the Agreement
and previous Addendums to the Agreement constitutes the complete
understanding between the Parties.
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Date
For JB Toys and Management Solutions,
Raven Animation, Inc. International, Inc.
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Xxxx XxXxxxxxxxx, CEO Xxxx Xxxx, President
