EXHIBIT 10.24
Amendment to Warrant to Purchase Common Stock
Of
XxxxxxxxXxx.xxx, Inc.
This Amendment to Warrant to Purchase Common Stock ("Warrant
Amendment") is entered into as of December 6, 1999 by XxxxxxxxXxx.xxx, Inc.,
a Nevada corporation ("Company"), and Sprint Communications Company L.P.
("Purchaser").
Whereas, the Company and Purchaser have entered into a Warrant to
Purchase Common Stock dated as of November 29, 1999 ("Warrant") and the parties
desire to amend the Warrant.
For $1,000 and other good and valuable consideration, the receipt and
sufficiency of which is acknowledged, it is agreed as follows:
1. Reservation of Shares. Notwithstanding the provisions of Section 8
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of the Warrant, the Company shall not be required to reserve from its
authorized and unissued common stock any shares for availability upon
exercise of the Warrant until the Company has amended its articles of
incorporation to increase the number of authorized shares of common stock.
The Company covenants to call a special meeting of stockholders to be held
during the first calendar quarter ending March 31, 2000, for the purpose of
soliciting stockholder approval of an amendment to the Company's articles of
incorporation to increase the authorized number of shares of common stock.
The Company represents and warrants to Purchaser that its board of directors
has approved such an amendment to its articles of incorporation and the
calling of such a special meeting of stockholders and will recommend to its
stockholders the approval of the amendment of its articles of incorporation.
2. Remaining Provisions Unaffected. Except as specifically changed by
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this Warrant Amendment, the provisions of the Warrant shall be unaffected.
In Witness Whereof, the parties have executed this Warrant Amendment
as of the date first written above.
"Company."
XxxxxxxxXxx.xxx, Inc.
By: /s/ XXXXXXXXXXX X. CARTON
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Its: President and Chief Operating Officer
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"Purchaser."
Sprint Communications Co. L.P.
By: /s/ XXXX XXXXXXXX
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Its: VP - Strategic Development
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