EXHIBIT 10N
FIRST ADDENDUM TO FEE AGREEMENT
WITH XXXXXXX XXXXXX
XXXXXXX XXXXXX
An Accountancy Corporation
CERTIFIED PUBLIC ACCOUNTANT
00000 Xxxxx Xxxxxxx, Xxxxx 000
Xxxxxx, Xxxxxxxxxx 00000
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(000) 000-0000 Fax: (000) 000-0000
December 11, 1996
XXXX XXXXXXX'X XX, INC.
0 Xxxx Xxxxx, Xxxxx 000
Xxxxxx, Xxxxxxxxxx 00000
RE: First Addendum to Fee Agreement dated April 18, 1995 with
Xxxx Xxxxxxx'x XX, Inc.
Gentlemen:
This letter will serve as the First Addendum to me Fee Agreement with
Xxxx Xxxxxxx'x XX, Inc. ("XXXX") dated April 18, 1995. Based upon the current
amounts due from the Company for professional services rendered to date and upon
projected xxxxxxxx through March 31, 1997 the number of shares of Nona's stock
previously issued for my services is insufficient.
As a result Xxxx agrees as soon as reasonably practicable to register
an additional 25,000 shares of stock in a Form S-8 Registration Statement at its
own expense and deliver such stock to me for sale and application of the net
proceeds against the balance for services rendered to date and projected fees
and costs through March 31, 1997.
If the foregoing is agreeable, please indicate Nona's approval by
dating and signing below and then promptly return an original to me. The second
duplicate original enclosed herewith is for your files.
Sincerely,
/s/ Xxxxxxx Xxxxxx
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Xxxxxxx Xxxxxx
APPROVAL AND ACCEPTANCE
READ AND ACCEPTED THIS 11th day of December, 1996.
XXXX XXXXXXX'X XX, INC.
a Colorado corporation
By: /s/ Xxxx X. Xxxx
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Name: Xxxx X. Xxxx
Title: Chief Executive Officer
