Contract
EXHIBIT
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This First Addendum (“Addendum”) to
Agreement (the “Agreement”) is made on this …. day of January, 2008 (the “Effective Date”)
between Integra Micro Systems (P) Ltd. (“Developer”), with offices located at #0
00xx
Xx Xxxxx, Xxxxxxx Xxxx, Xxxxxx, Xxxxxxxxx 560 064, Karnataka, INDI,
and Sonasoft Corp., (“Company”), a
corporation with its principal place of business at
6489
Xxxxxx Xxxxxx, Xxxxx 000, Xxx Xxxx, Xxxxxxxxxx 00000-0000
Except as
expressly modified in this First Addendum, the Agreement shall remain in
full force and effect.
The total
estimated effort for all the three phases as 90 person months. With a
rate of US $3,300 per person month, the total project cost comes to
US $297,000. No expenses are assumed in the project cost and will be
added as they occur.
At the
end of each calendar month, the Integra project manager will communicate the
expended effort in person months for the month that has just ended, along with
the cumulative effort, to the designated person at Sonasoft. After this
effort is reviewed and approved by Sonasoft, the Integra business manager will
communicate the cumulative cost (i.e. the Actual Project Cost as envisaged in
the agreement) to the designated business person at Sonasoft.
The
tentative completion date for the three phases is June 30, 2008. This date can
be modified based on mutual agreement between the two parties.
Resources
& Expenses
(a)
Engineering effort in person months: 90
(b) Rate
per person month: US $3,300
(c)
Expenses: Nil
(d)
Budget Total ("Total Project Cost"): US $297,000
(Note: A
person month is taken as 160 person hours of effort)
All cost
figures are based on "Actual Project Cost" instead of “Total Project
Cost”
Page 1of
Sonasoft/Integra Agreement
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Phone:
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Fax:
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IN
WITNESS WHEREOF; this Agreement has been executed on the days and dates set out
below:
DEVELOPER
Integra
Micro Systems (P) Ltd.
By: /s/ Xxxxxx Xxxxx
Jain Date: January
28, 2008
Xxxxxx
Xxxxx Jain
CLIENT
By: /s/ Xxxx
Xxxxxx Date: January
28, 2008
Xxxx
Xxxxxx
Page
2 of Sonasoft/Integra Agreement
