Exhibit 3.5
ADDENDUM
To the Consultant Agreement between Xxxx XxXxxxxxxxx and Clubhouse Videos, Inc.
signed April 20, 2003
Paragraph 3 (1)
Both parties agree:
That the Consultant shall not have the right to exercise S-8
options up to an additional $750,000 shares at a 50%
discount of the 10 - day bid average.
Instead both parties agree that in years One, Two and Three
the Consultant shall receive a Draw of an additional
$750,000 in cash or S-8 shares at a 50% discount of the 10
day bid average against a 15% Gross Commission of any sales
or marketing services that generate revenue for the company.
Paragraph 3 (2)
Both parties agree that this clause is deleted.
Paragraph 4
Both parties agree that this paragraph be deleted.
CONSULTANT DATE
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Xxxx XxXxxxxxxxx
COMPANY
Clubhouse Videos, Inc.
By:
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Xxxxx X. Xxxxxx, CEO