Exhibit 4.2
AMENDMENT NO. 1
TO
ADVERTISING AGREEMENT
THIS FIRST AMENDMENT TO ADVERTISING AGREEMENT, dated December 9, 2003 (the
"First Amendment"), is by and among Xxxxxxxxxxx International Investments Ltd.,
Inc. ("BIIL"), and Radix Marine, Inc., a Nevada corporation (the "Client").
RECITALS
A. BIIL and the Client entered into an Advertising Agreement dated October
22, 2003, a copy of which is attached hereto as Exhibit A (the "Agreement"),
pursuant to which BIIL agreed to provide certain advertising services to the
Client.
B. Client and BIIL wish to amend Sections 8 and 14 of the Agreement to
extend the duration of the Agreement and provide for additional consideration in
exchange for additional advertising services.
AGREEMENT
NOW, THEREFORE, in consideration of the foregoing, and the mutual
agreements, representations, warranties and covenants contained herein, and for
other good and valuable consideration the receipt of which is hereby
acknowledged, the parties hereto agree as follows:
A. Section 8 of the Agreement shall be deleted in its entirety and shall read as
follows:
"8. Term of Agreement.
This Agreement shall become effective upon execution hereof and shall continue
thereafter and remain in effect for a period of nine (9) months and/or until
such time as such matters are finalized to the satisfaction of both Radix
Marine, Inc. and BIIL. It is expressly acknowledged and agreed by and between
the parties hereto that BIIL shall not be obligated to provide any services
and/or perform any work related to this Agreement until such time that the
agreed upon compensation has been received by BIIL."
B. Section 14 of the Agreement shall be amended to include Section 14(a), which
shall read as follows:
"BIIL shall receive One Million Four Hundred Thousand shares of common stock of
Radix Marine, Inc."
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EXECUTED on the date first set forth above.
CLIENT:
RADIX MARINE, INC.
By: /s/ Xxxxx Xxxxxx
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Xxxxx Xxxxxx - President & CEO
BIIL:
By: /s/ Xxxxxxxx Xxxxx
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Name: Xxxxxxxx Xxxxx
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