November 26, 2007 Mr. Jack Hunter C/0 Peninsula Group Place des Philosophes 10 Geneva, Switzerland 1205
Exhibit 10.17
November 26, 2007
Xx. Xxxx Xxxxxx
C/0 Peninsula Group
Xxxxx xxx Xxxxxxxxxxx 00
Xxxxxx, Xxxxxxxxxxx 0000
C/0 Peninsula Group
Xxxxx xxx Xxxxxxxxxxx 00
Xxxxxx, Xxxxxxxxxxx 0000
Reference: | Intellectual Property License Agreement dated 30th April, 2007 by and between SureCast Media (“SureCast”) and Espre Solutions Inc. (“Espre”), the “Agreement” |
Dear Xx Xxxxxx:
This will confirm that SureCast and Espre have agreed to the following:
1. | Espre will waive its entitlement to the payment of $450,000 due from SureCast pursuant to paragraph 2.4.1.2 of the Agreement | ||
2. | SureCast will waive its Put Option rights pursuant to paragraph 2.5 of the Agreement |
It is further agreed that SureCast will pay Espre $50,000 for the delivery of two websites, one
Christian focused and the other Hollywood movies focused including demonstrable content for each.
Yours truly, |
||
/s/ Xxxxx Xxxxxxxx |
||
Acknowledged and agreed: | ||
SureCast Media | ||
/s/ Xxxx X. Xxxxxx | ||
Signed | ||
Xxxx X. Xxxxxx | ||
Name | ||
US Rep for SureCast | ||
Title | ||
12/20/07 | ||
Date | ||
Xxxxx Xxxxxxxx |
||
President |
||
0000 Xxxx Xxxxx Xxxxxxx, Xxxxx 0000
Xxxxx, Xxxxx 00000
Xxxxx, Xxxxx 00000