ADDENDUM TO LICENSING AGREEMENT
Addendum to the License Agreement between Community Alliance, Inc. and
Frontier Digital Media, LLC, dated November 28, 2005 and the Addendum
to Licensing Agreement dated May 2, 2007.
WHEREAS, Paragraph 5.01 under Paragraph 5 LICENSE FEE, of the License
Agreement, calls for a payment in the amount of $10,000 to be paid at
signing of the Agreement and $2,000 to be paid on or before April 30,
2008 and a final payment in the amount of $7,000 to be paid on or
before April 30, 2009 toward the License Fee, the parties desire to
amend Paragraph 5.01.
The paragraph reads in the Addendum to the Licensing Agreement dated
December 31, 2006 reads:
5. LICENSE FEE.
5.01 For use of the INTELLECTUAL PROPERTY as described in
this Agreement, LICENSEE agrees to pay to LICENSOR a license fee of ten
thousand dollars ($10,000.00), on with an initial payment of Two
Thousand Dollars ($2,000.00) ( the "Initial Payment") to be paid with
the signing of this Agreement, a second payment in the amount of Two
Thousand Dollars ($2,000.00) to be paid on or before April 30, 2008,
and the full balance of Seven Thousand Dollars ($7,000.00) due on or
before April 30, 2009.
Paragraph 5.01 of the License Agreement was amended in the Addendum To
Licensing agreement to read as follows:
5.01 For use of the INTELLECTUAL PROPERTY as described in
this Agreement, LICENSEE agrees to pay to LICENSOR a license fee of ten
thousand dollars ($10,000.00), on with an initial payment of Two
Thousand Dollars ($2,000.00) ( the "Initial Payment") to be paid with
the signing of this Agreement, a second payment in the amount of One
Thousand Dollars ($1,000.00) to be paid on or before January 30, 2009,
and the full balance of Seven Thousand Dollars ($7,000.00) due on or
before December 31, 2009.
This addendum is dated May 7, 2008
By: /s/Xxxx X. Xxx
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Xxxx X. Xxx - President
Frontier Digital Media, LLC
By: /s/Xxxxx Xxxxx
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Xxxxx Xxxxx
