Exhibit 10.4
CYBERBANK CORP.
18TH Floor Mirae Bldg., 0000-0 Xxxxxx-xxxx, Xxxxxx-xx, Xxxxx, Xxxxx 137-855
Tel: 00-0000-0000 Fax: 00-0000-0000
PC-Ephone Inc.
0000 Xxxx Xxxxxxxx Xxxxx, Xxxxx 000
Xxx Xxxxx, Xxxxxxxxxx 00000
Attention: Mr. Xxxxx Xxxxxxx / President & CEO
Date : 12 April 2002
Re : Transferring Agreement right
Dear Xx. Xxxxxxx,
We, Cyberbank Corporation, agrees transferring the Distribution Agreement rights
between we and PC-Ephone LTD, a Bermuda Corporation having its head office at
000 Xxxxx Xxxxxx Xxxxxxxx, Xxxxxxx XX00, to PC-Ephone LTD, a Nevada Corporation
having its head office at 5375 Mira Sorrento Place, Suite 290 San Diego, CA
92121, U.S.A.
This agreement letter of transferring rights to PC-Ephone, LTD. Nevada
Corporation is due to the fact that PC-EPhone., LTD, Burmuda Corporation will be
closed and based on the premise that Cyberbank Corporation will set up a new
business relation with a merged entity of PC-EPhone., LTD or its successor.
Thank you.
Best Regards,
/s/ Young Sun Cho
Young Sun Cho
President / CEO
Cyberbank Corporation.