Exhibit 10.4



 


ADDENDUM


TO 


PRODUCT DEVELOPMENT AGREEMENT


 


THIS ADDENDUM TO
PRODUCT DEVELOPMENT AGREEMENT (the “Addendum”) is made effective as of the June 1, 2014 by and between
Matrico Holdings, Ltd., a company located in Hong Kong (the “Company”) and Lifelogger Technologies Corp., a
Nevada corporation (“Contractor”); collectively referred to as the “Parties”.


 


Recitals:


 


A. The Parties hereto entered into a Product Development Agreement
dated as of January 7, 2014 (the “Product Development Agreement”).


 


B. The Parties desire to amend the Product Development
Agreement as set forth herein.


 


NOW, THEREFORE, in consideration
of the premises and the mutual covenants herein contained, the parties hereto agree as follows:


 


1. Defined Terms.
Unless otherwise indicated, capitalized terms used herein shall have the meanings ascribed to them in the Product Development
Agreement.


 


2. Amendment of
Product Development Agreement. The Parties hereby agree that Schedule 1 to the Product Development Agreement is hereby
amended to read, in its entirety, as set forth in the Amended Schedule 1 attached hereto and incorporated herein as Exhibit
“A”.


 


3. Other Provisions.
Except as otherwise expressly provided in this Addendum, the terms and provisions of the Product Development Agreement remain
in full force and effect.


 


4. Other Actions
Necessary. At the reasonable request of one of the Parties the other party shall execute any other documents or take any
other reasonable actions necessary to effectuate this Addendum.


 


IN WITNESS WHEREOF, the parties have executed
this Addendum to Product Development Agreement as of the day and year first above written.


 


	Matrico
    Holdings, Ltd.:	 	Lifelogger
    Technologies Corp.:
	 	 	 	 	 
	By:	For and on behalf
    of Design Plus Co., Ltd.	 	 	 
	 	 	 	 	 
	By:	/s/
    Freeman Directors Limited, as Director	 	By:
    	/s/
    Stewart Garner
	Name:	Freeman
    Directors Limited, as Director	 	Name:
    	Stewart
    Garner
			 	Title:
    	President


 




    	 



    	 



    



 


EXHIBIT “A”


TO


ADDENDUM TO PRODUCT DEVELOPMENT AGREEMENT


 


AMENDED SCHEDULE 1


 


This Amended Schedule 1 To The Addendum
To Product Development Agreement (“Schedule 1”) dated as of January 7, 2014 is a part of the attached Product Development
Agreement, as amended pursuant to this Addendum to Product Development Agreement (“Development Agreement”) entered
into between Matrico Holdings, Ltd. (the “Company”) and Lifelogger Technologies Corp. (“Contractor”) as
of June 1, 2014. In the event of any conflicts between the provisions of this Schedule 1 and the Development Agreement, the provisions
of this Schedule 1 shall control.


 


	1.	Services and Fees. Contractor shall provide the following Services:



 


	Description of Services	 	Fees	 
	Develop a conceptual design for a prototype wearable video recording device including changes to the conceptual design as requested by the Company. Requested changes include, but are not limited to, inclusion of a hardware stabilization upgraded OMAP processor chips, the addition of a WIFI chip and the addition of a GPS chip.	 	$	200,000	 



 


	2.	Deliverables. In connection with the Services, Contractor shall provide to the Company the
following Deliverables:


 

		(a)	Conceptual Design: A conceptual design for a prototype wearable video recording device capable
of being worn on a person’s head. The device will be capable of continuously recording video utilizing GPS, WIFI, 32GB, Bluetooth,
Battery, with USB cable port. Payment Terms. The Company agrees to pay Contractor the Service Fees in this Schedule on the
following terms:



 


		(b)	$13,000 upon execution of the Addendum, the receipt of which is hereby acknowledged;



 


		(c)	$17,000 upon delivery of PCB Design and 3D design, the receipt and completion of which is hereby
acknowledged



 


		(d)	Remainder of contract will be invoiced monthly.



 


		(e)	Any other amounts that may become due hereunder, including any changes or upgrades requested by
the Company shall be paid in accordance with the provisions of the Development Agreement.



 


IN WITNESS WHEREOF, the Parties hereto
have caused this Amended Schedule 1 to be executed by their duly authorized representatives as of the date set forth above.


 





	Matrico
    Holdings, Ltd.:	 	Lifelogger
    Technologies Corp.:
	 	 	 	 	 
	By:	For and on behalf
    of Design Plus Co., Ltd.	 	 	 
	 	 	 	 	 
	By:	/s/
    Freeman Directors Limited, as Director	 	By:
    	
	Name:	Freeman
    Directors Limited, as Director	 	Name:
    	Stewart
    Garner
			 	Title:
    	President