EXHIBIT 10.4
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ADMINISTRATIVE SERVICES AGREEMENT
AMENDMENT NO. 1
This Amendment dated June 12, 2008 to the Administrative Services Agreement (the
"Agreement") originally dated March 1, 2007 by and between iVoice, Inc., a New
Jersey corporation ("iVoice") and Xxxxxx Pharmaceuticals, Ltd., a New Jersey
corporation (the "Company").
WHEREAS, the parties have agreed to amend the Agreement.
NOW THEREFORE, in consideration of the foregoing premises and the respective
promises and agreements of the parties set forth herein, the parties hereto
agree as follows:
1. The Fees as defined in Section 3 of this Agreement and that are
earned, accrued and remain unpaid shall be aggregated and converted
into a Secured Convertible Promissory Note in substantially the form
as set forth in Exhibit A herein.
2. The monies owed and converted into the Secured Convertible Promissory
Note shall be secured with all of the assets of the Company pursuant
to the Security Agreement dated the date hereof.
3. All other terms and conditions of the Agreement shall remain in full
force and effect.
IN WITNESS WHEREOF, the parties have caused this Amendment to be duly executed
as of date written below:
IVOICE, INC. XXXXXX PHARMACEUTICALS, LTD.
By: ___________________ By: ___________________
Xxxxxx Xxxxxxx Xxxx Xxxxxx
President and President and
Chief Executive Officer Chief Executive Officer