EXHIBIT 10.10
NetLive Communications, Inc.
000 Xxxxxxxx
Xxx Xxxx, Xxx Xxxx 00000
June 12, 1997
Mr. Xxxx Xxxxxx
000 Xxxxxxx Xxxxx Xxxx
Xxxxxxxxx, Xxx Xxxx 00000
Re: Settlement Agreement, dated June , 1997, by and among
NetLive Communications Inc. (the "Company"), May Xxxxx
Group, Inc., Xxxx May, Dibo Xxxxx, Xxxxxx Xxx and the
Funds signatory thereto (the "Settlement Agreement")
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Dear Xx. Xxxxxx:
You have agreed to be bound by all of the obligations of the Subscribing
Parties under the Settlement Agreement (including the releases granted by the
Subscribing Parties) in consideration of the Company's agreement that the
provisions of the releases granted by the Company pursuant to Section 4(b)
of the Settlement Agreement shall apply to you to the same extent as such
provisions apply to Subscribing Parties. You have also hereby confirmed that
as of the date of this letter you own no capital stock of the Company.
Please countersign this letter in the space below if this letter
accurately reflects our mutual agreement.
NETLIVE COMMUNICATIONS, INC.
By: /s/ Xxxxxxx Khantouov
--------------------------------
Name: Xxxxxxx Khantouov
Title: Chairman of the Board
Chief Executive Officer
Accepted and Agreed to
as of the date first above written:
/s/ Xxxx Xxxxxx
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Xxxx Xxxxxx
