NIMSTEC LIMITED
- AND -
X0XX.XXX
AMENDMENT
TO
ASSET AND LICENSE PURCHASE AGREEMENT
AMENDMENT TO ASSET AND LICENSE PURCHASE AGREEMENT
DATE: October 25, 1999
PARTIES:
"The Licensor": NIMSTEC LIMITED, an exempted corporation registration no.
21568 formed under the laws of Bermuda whose principal place of business is
at 00 Xxxxx Xxxxxx, Xxxxx 000, Xxxxxxxx XX XX, Xxxxxxx
"The Licensee": x0Xx.xxx, formerly named 0-Xx.xxx, a corporation
organised under the laws of Nevada.
WHEREAS the Licensor and Licensee entered into an Asset and License Purchase
Agreement dated June 39, 1999 (the "Agreement"); and
**
WHEREAS the Licensee wishes to add this new technology to the scope of its
license as defined in the Agreement;
NOW THEREFORE the Licensor and Licensee hereby agree to amend the Agreement
as follows:
AMENDMENT 1
Under Item 1. Definitions, sub-item 1.1, amend the definition of Products to
include the following additional products.
"Products" all animated or 3-D images photographically or digitally
created for the photographic printing of animated or 3D images - 3D
photographic cameras - 3D photographic printers - 3D photographic apparatus
used with 2-D cameras parallax rotation of image to simulate 3D image -
lenticular print optical material with photographic emulsions (LPF) **
** text omitted & filed separately
Confidential Treatment Requested
Under 17 C.F.R. Section 200.80(b)(4),
200.83 and 240.246-2
Page 2 of 3
AMENDMENT 2
Under Item 7. Payment, sub-item 7.1, amend as indicated here:
7. PAYMENT
7.1 The Licensee shall during the continuance of this Agreement pay to
the Licensor a license fee of five per cent (5%) of the Gross Sales
Value of all Products (or any part thereof) sold or otherwise supplied
for money or money's worth. **
AS WITNESS whereof this Agreement has been duly executed the day and year
first above written:
NimsTec Limited x0Xx.xxx
00 Xxxxx Xxxxxx 4850 River Green Parkway
Suite 120 Duluth Georgia
Xxxxxxxx XX JX Bermuda
By: By:
-------------------------------- --------------------------------
Name: Xx. Xxxxx X. Xxxx Name: Xxxx X. Xxxxxx
Title: Chairman Title: President
Date: Date:
------------------------------ ------------------------------
** text omitted & filed separately
Confidential Treatment Requested
Under 17 C.F.R. Section 200.80(b)(4),
200.83 and 240.246-2
Page 3 of 3
