ADDENDUM TO
EXCLUSIVE DISTRIBUTION CONTRACT
Addendum made and entered between the parties to the attached and
incorporated Exclusive Distribution Contract dated May 5, 2000, between
ProSource Software Co. and Kinship Systems, Inc., on this 16th day of October,
2000.
1. The Parties agree and confirm that the attached Agreement shall
remain in full force and effect and shall be modified only as specifically
set-out in this Addendum.
2. No revenue have been generated to date under the Agreement.
3. The prior owner of ProSource, Xx. Xxxxxxx Xxxxxxx and associates,
hereby acknowledges a complete and irrevocable reassignment and conveyance of
the ProSource business technology and software from the undersigned Xxxxxxx
Xxxxxxx to its prior owner Xx. Xxxxxx Xxxxxxx as of the date of this Addendum
without additional consideration. Xx. Xxxxxx Xxxxxxx acknowledges and accepts
such conveyance and holds harmless Xxxxxxx Xxxxxxx and associates from all prior
acts completed by them as owners of ProSource. Xx. Xxxxxxx Xxxxxxx represents he
has full and complete ownership and capacity to convey the foregoing interests
for himself and any associated party.
Done the day and date first above written.
Seller: Buyer:
/s/ Xxxxxxx Xxxxxxx /s/ Xxxxxx Xxxxxxx
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Xxxxxxx Xxxxxxx Xxxxxx Xxxxxxx
KINSHIP SYSTEMS, INC.
By: /s/ Xxxxx Xxxx
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Xxxxx Xxxx
Its President
Kinship2/Addendum