EXHIBIT 4.2
AMENDMENT TO
CONSULTING AGREEMENT WITH
WINDSOR PARTNERS, INC.
DATED AUGUST 1, 2000
FIRST AMENDMENT
This Amendment is to the Agreement (the "Agreement") dated August 1,
2000 entered into by and between XXXXXXX METALS GOLD CORP. (Hereinafter GLFN" or
"CLIENT") and WINDSOR PARTNERS, INC. (Hereinafter "WPI"). This Amendment
modifies certain terms and conditions of the Agreement. Those changes are as
follows:
3.1 ISSUANCE OF SHARES FOR MODIFYING AGREEMENT. As consideration for
WPI entering into this Amendment, CLIENT agrees to cause 450,000 shares
of its common stock, par value $.001 per share, to be issued to Xxxxxxx
Xxxxxx, an affiliate of SPI. When issued, said shares shall be free
trading shares, registered with the U.S. Securities and Exchange
Commission on its Form S-8. The registration and issuance of said
shares shall take place by no later than 15 days following the
execution and delivery of this Amendment, and all costs in connection
therewith shall be borne by CLIENT.
3.2 FEES FOR MERGER/ACQUISITION. In the event that WPI, assists CLIENT
and / or introduces CLIENT (or a CLIENT affiliate) to any third party,
merger partner(s) or joint venture(s) who then enters into a merger,
joint venture or similar agreement with CLIENT or CLIENT's affiliate,
CLIENT hereby agrees to pay WPI advisory fees pursuant to the following
schedule which are based on the aggregate amount of such merger, joint
venture of similar agreement with CLIENT or CLIENT's affiliate.
Advisory fees are deemed earned and shall be due and payable at the
first close of transaction, however, in certain circumstances when
payment of advisory fees at closing is not possible, within 24 hours
after CLIENT has receive the proceeds of such investment. This
provision shall survive this Agreement for a period of one year after
termination or expiration of the Agreement. In other words, the
advisory fee shall be deemed earned and due and payable for any
funding, underwriting, merger, joint venture or similar transaction
which first closes within a year of the termination or expiration of
this Agreement as a result of an introduction as set forth above.
MERGER/ACQUISITION. For a merger/acquisition entered into by
CLIENT as a result of the efforts of, or an introduction by SPI
during the term of this Agreement, CLIENT shall pay WPI, five (5%)
percent of the total value of the transaction. For a
merger/acquisition entered into by CLIENT as a result of the efforts
of WPI and the introduction by CLIENT during the term of this
Agreement, CLIENT shall pay WPI, three (3%) percent of the total
value of the transaction. Such percentage(s) shall be paid to WPI in
the same ratio of cash and / or stock as the transaction.
8. TERM/TERMINATION. The term of Agreement ends in approximately six
(6) months on July 31, 2001.
(Signature Page Follows)
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed, all as of the day and year first above written.
MCHENTY METALS GOLF CORP. ("GLFN")
Print Name: Xxxxxxx X. Xxxxxxx
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Sign Name: /s/ Xxxxxxx X. Xxxxxxx
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Title: President and CEO
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Date: January 30, 2001
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Address: 0000 Xxxxxx Xxxx Xxxxx, X
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Xxxxxxxx, XX 00000
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WINDSOR PARTNERS, INC. ("WPI")
Print Name: Xxxxxxx X. Xxxxxx
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Sign Name: /s/ Xxxxxxx X. Xxxxxx
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Title: President
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Date: January 30, 2001
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Address: 00000 Xxxxx Xxxx, Xxxxx 000
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Xxxxxx Xxxxxx, XX 00000
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