May 13, 2012 Mr. Ryan Poelman Evolved Technology, LLC PC Global Investments LLC Lehi, UT 84043 Re: Lot6 Media and Thread Point Holding, LLC Dear Mr. Poelman:Share Exchange Agreement • May 16th, 2012 • WebXU, Inc. • Services-management consulting services • California
The purpose of this letter (this “Letter Agreement”) is to set forth our mutual understanding and agreement with respect to the execution of a Second Amendment of the Share Exchange Agreement dated as of the 14th day of November, 2011, as amended December 11, 2011, between the parties (“Share Exchange Agreement”) as well as the material terms and conditions for the acquisition of Thread Point Holding, LLC (and its subsidiaries) (collectively, “Threadpoint”) by Webxu, Inc. Capitalized terms not defined herein have the meanings set forth in the Share Exchange Agreement. The basic terms of our understanding are as follows:
