EXHIBIT 99.2
AMENDMENT NO. 1 TO CONSULTING AGREEMENT
THIS AMENDMENT NO. 1 TO CONSULTING AGREEMENT (the "Amendment") is made and
entered into effective the date it is signed by the last to sign as set forth
below by and between XXXXX XXXXXXX (the "Consultant") whose principal place of
business is, Houston, Texas and AuGRID Corporation (the "Client") whose
principal office address is 0000 X 00xx Xxxxxx - XX Xxxxx, Xxxxxxxxx, Xxxx
00000
WHEREAS, Client is engaged in the business of high-tech flat panel
devices; and
WHEREAS, Consultant is in the business of providing services for
corporations in order to expand product lines, markets and product distribution
globally with such corporations in need of such services; and
WHEREAS, the Client has retained Consultant to render to the Client
services as may be needed; and
WHEREAS, Consultant has been rendering such consulting and advisory
services to the Client as more fully described in the Consulting Agreement
dated February 6, 2003 entered into by and between the parties hereto (the
"Agreement"), the parties hereby agree as follows:
1. "EXHIBIT B" to the Agreement is hereby amended to read as
follows: "Client shall compensate Consultant for the services
rendered by consultant under this Agreement by shares of
Common Stock of the Client, and the number agreed upon shall
be registered in an S-8 filing. The initial share amount
issued to Consultant is 5,500,000 shares. Additional shares
and or compensation shall negotiated and agreed upon in
writing from time to time."
2. On this date, the parties have agreed to compensate
Consultant for the services rendered with an additional
10,000,000 shares of Common Stock
3. All other terms of the Agreement remain unchanged and are
hereby affirmed and ratified by the parties hereto.
4. This Amendment may be executed simultaneously in two or more
counterparts, each of which shall be deemed an original, but
all of which taken together shall constitute one and the same
instrument. Execution and delivery of this Amendment by
exchange of facsimile copies bearing the facsimile signature
of a party hereto shall constitute a valid and binding
execution and delivery of this Amendment by such party. Such
facsimile copies shall constitute enforceable original
documents.
IN WITNESS WHEREOF, the parties hereto have duly executed and
delivered this Amendment, effective as of this 23rd day of April, 2003.
CLIENT CONSULTANT
AuGRID Corporation
By: /s/ XX XXXXXXX /s/ XXXXX XXXXXXX
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XX Xxxxxxx, PRESIDENT XXXXX XXXXXXX
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