EXHIBIT 99.2
FIRST AMENDMENT TO STOCK PURCHASE AGREEMENT
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The undersigned acknowledge that that certain Stock Purchase Agreement
("Agreement"), by and between Xxxxx Xxxxxxxx and Novanet Media, Inc., is hereby
amended, at Paragraph 4(b), to delete the name "Brightpoint, N.A." from such
paragraph, and the Agreement is further amended to add the following to the end
of Paragraph 4(b):
Cyberads and its subsidiaries shall execute a document,
reasonably acceptable to Xxxxxxxx, providing for
indemnification by Cyberads and its subsidiaries of Xxxxxxxx
with respect to any and all amounts related to any
indebtedness which Cyberads or its subsidiaries may have to
Brightpoint North America, LP ("Brightpoint"), including, but
not limited to, all costs and expenses associated with
defending that certain action filed by Brightpoint, against
IDS Cellular, Inc. and Xxxxxxxx Xxxxxxxx as personal
guarantor.
Dated this 25th day of September, 2003.
Novanet Media, Inc.
By: /s/ XXXXXXX XXXX
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Xxxxxxx Xxxx, President
/s/ XXXXX XXXXXXXX
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Xxxxx Xxxxxxxx
Cyberads, Inc.
By: /s/ XXXXXX XXXXXXXX
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Xxxxxx Xxxxxxxx, President