Exhibit 10.6.2

AMENDMENT NO. 1 TO
SPECIAL PROJECT ANNEX TO
SUBCONTRACT AGREEMENT
BETWEEN
HEWLETT-PACKARD COMPANY
AND
724 SOLUTIONS CORP.
FOR
NEXT GENERATION GATEWAY

          This Amendment No. 1 (“Amendment 1”) to the Subcontract Agreement
between Hewlett-Packard Company (“HP”) and 724 Solutions Corp. (“724”) for Next
Generation Gateway Project (the “Subcontract Agreement”) is effective September
__, 2002 (“Effective Date”).  Except as otherwise indicated, defined terms in
this Amendment 1 have the same meaning as in the Subcontract AGreement.

Background

A.

HP and 724 entered into the Subcontract Agreement effective January 17, 2002.

 

 

B.

HP and 724 agree to modify the Subcontract Agreement as set forth in this
Amendment 1.

 

 

 

In consideration of the promises and agreements contained in this Amendment 1,
the parties agree as follows:

 

 

 

1.          Additional Definitions.  Add the following definitions to Section
1.0 of the Subcontract Agreement:

 

 

 

“NGG User” means any individual with a unique Wireless Device (determined by a
unique mobile identification number) provisioned by Sprint PCS in the NGG System
Application Software in accordance with this SPA.

 

 

 

“PTT” means push-to-talk.

 

 

 

“PTT Application” means a Sprint PCS-specific Software application that HP will
develop in accordance with a Change Order No. 034 between the parties to support
the PTT Service.

 

 

 

“PTT Service” means a Sprint PCS 3G telecommunication service which allows
Sprint PCS customers with PTT capable Wireless Devices to establish buddy lists
and have calls with and among that customer’s buddy list without dialing a
mobile identification number.

 

“PTT User” means a Sprint PCS customer with a PTT capable unique Wireless Device
(determined by a unique mobile identification number) who is provisioned by
Sprint PCS, using the PTT Application, in the NGG System Application Software in
accordance with the SPA for purposes of accessing the features of the PTT
Service only.

 

 

 

“PTT User License” means a license to use the NGG System Application Software on
a per PTT User basis.

 

 

 

2.          Definition Changes.  Delete the following definitions from Section
1.0 of the Subcontract Agreement and replace them in their entirety as follows:

 

 

 

“Subscriber” means (i) any NGG User and (ii) any PTT User.

 

 

 

“Subscriber Use License” means a license to use the NGG System Application
Software on a per NGG User basis.

 

 

 

3.          Support Definitions.  Delete the definition of “Outage” in Section
1.3.1 of Exhibit E to the Subcontract Agreement and replace it with the
following definition:

 

 

 

 

“Outage” -- A detected failure of the NGG System on a Region-wide basis
(excluding Planned Downtime) that prevents all Sprint PCS customers within such
Region from establishing a connection to the World Wide Web or the PTT Service. 
Destinations other than the World Wide Web or PTT Service may be added to this
definition upon mutual agreement of the parties. Notwithstanding anything to the
contrary, only Outages that are caused by or fall within HP’s area of
responsibility will be subject to the following the calculation of Region
Availability Percentage and liquidated damages.  For each Outage, Region
Availability calculations will begin upon HP’s notification to 724 of such
Outage.

 

 

724 SOLUTIONS CORP.

 

HEWLETT-PACKARD COMPANY

 

 

 

/s/ JOHN J. SIMS

 

/s/ SUZANNE PRINCE

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(signature)

 

(signature)

 

 

 

JOHN J. SIMS, CEO

 

SuzannePrince, Acting GM NSPBU, HP Consulting NA

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(typed name and title)

 

(typed name and title)

 

 

 

6/12/02

 

 

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(date)

 

(date)

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