ADDENDUM signed this __ day of May 2013, between
EXHIBIT 10.2
ADDENDUM signed this __ day of May 2013, between
SOCIAL GEEK MEDIA INC., a body duly incorporated as per the laws of Canada, having its head office at 00, xxx Xxx Xxxxxxx, Xx-Xxxxxxx, Xxxxxx, Xxxxxx JOR 1R)
(Hereinafter “SMG”),
and
Xxxxxxx Xxxx, businessman, having a place of business at 00 xxx xxx Xxxxxxx, Xx-Xxxxxxx, Xxxxxx, Xxxxxx X0X 0X0
(Hereinafter “Xxxx”),
And
Technologies Scan Corp, a body duly incorporated as per the laws of Nevada, having a place of business at 000 Xxxxxxx, Xx-Xxxxxx, Xxxxxx, X0X 0X0
(Hereinafter “TENP”).
Whereas on or about May__2013, the Parties entered into a Binding Licence agreement whereby TENP agreed to purchase from SGM a licence for the Proteina21 products for the United States the whole in accordance with the terms of the said Licence Agreement;
Whereas the parties wish to amend the said Licence agreement to give Techno options to acquire rights for both Canada and Europe, the whole in accordance with the following:
THE PARTIES AGREE AS FOLLOW:
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1.
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The preamble is an integral part of the present agreement;
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2.
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The following paragraphs shall be added to the Licence Agrement to form part hereof:
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2.6 Techno shall have an exclusive one (1) year option to acquire the rights for Canada as well as the established client base, the whole as more fully described in Schedule E on terms to be agreed upon by the parties negotiating in good faith;
2.7 Techno shall also have an exclusive two (2) years option to acquire the rights to Europe, the whole as more fully described in Schedule F attached herewith, on terms to be agreed upon by the parties negotiating in good faith;
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3.
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All other terms of the Licence Agreement shall remain unchanged;
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IN WITNESS WHEREOF the parties hereto have set their hand and seal as of the day and year first above written.
SOCIAL MEDIA GEEK INC.
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Per:
XXXXXXX XXXX
____________________________
____________________________
Per:
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