2/nd/ Amendment to the Master Agreement for Joint Collaboration dated
November 14, 1997
(hereinafter "Agreement")
between
fonix corporation. Salt Lake City, Utah, U.S.A.
(hereinafter "fonix")
and
Siemens Aktiengesellschaft, Berlin and Munchen, Germany
(hereinafter "Siemens")
Pursuant to paragraph 3.2 of the Agreement, as amended on Feb. 13, 1998,
2,000,000 DM of the 5,000,000 DM which Siemens shall pay to fonix upon execution
of the First Statement of Work shall be allocated to the purchase of fonix
common stock. The Parties hereby agree to prolong the period in which Siemens
may purchase such fonix common stock from one hundred and twenty (120) days from
the date of the Agreement to one hundred and thirty-five (135) days from the
date of the Agreement.
Further the Parties agree, that the ownership of the stock may subsequently to
the purchase be transferred from Siemens Aktiengesellschaft to a Subsidiary in
the U.S. or vice versa.
The other terms and conditions of the Agreement shall remain unchanged.
IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed
by their duly authorized representatives on the dates specified below:
Date: 13 March 1998 Date:
fonix corporation Siemens Aktiengesellschaft
/s/ Xxxxx X. Xxxxxx /s/
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Xxxxx X. Xxxxxx
Executive V.P.
