EXHIBIT
10.10


 


 


 


 


 


 


 


 


 


 


 


 


AMENDMENT
#1 TO THE ACQUISITION AND PURCHASE AGREEMENT


DATED
AS OF SEPTEMBER 30, 2016


BY AND BETWEEN


 


TPT GLOBAL TECH,
INC. AND


SAN DIEGO MEDIA
INC. AND ITS SHAREHOLDERS




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AMENDMENT #1
TO THE ACQUISITION AND PURCHASE AGREEMENT


This
AMENDMENT, dated as of December 9, 2016, (the "Amendment #1"), is by and between TPT Global Tech, Inc. ("TPTG"),
a Florida Corporation and the shareholders of San Diego Media Inc. (“Shareholders”) and San Diego Media Inc., a California
Corporation(“SDM”).


 


WHEREAS,
the Board of Directors of TPTG and the Shareholders and the Board of Directors of SDM entered into a Acquisition and Purchase Agreement
dated as of September 30, 2016, (“Agreement”), by and between TPTG, SDM and Shareholders;


WHEREAS,
TPTG, SDM and Shareholders agree to amend Agreement in regards to consideration paid;


 


NOW, THEREFORE, TPTG, SDM and Shareholders agree to amend
Article I, Section


		1.1	of the Agreement to read as follows:



 


ARTICLE I


THE CONSIDERATION


 


SECTION
1.01Consideration for Acquisition. The consideration deliverable at Closing (as
herein defined)
by TPTG to Shareholders
isDRA
FT as
follows: In consideration
for the Purchased
Shares as well as assets, liabilities, intellectual property, and technology of SDM as listed on Exhibit B, collectively,


 


		a)	the Purchaser shall issue 750,0000 shares of Common Stock of TPTG
with the rights and privileges equal to all common stock of TPTG.



  


All other terms and conditions
of the Agreement shall not be modified in this Amendment #1 and shall remain in full force and effect and be considered incorporated
herein as part of Amendment #1.


 




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IN WITNESS WHEREOF, the parties
hereto have caused this Amendment #1 to be duly executed as of the 9th of
December 2016.


 


 


TPT GLOBAL
TECH, INC.


A FLORIDA
CORPORATION


 


By: /s/ Stephen J. Thomas III


Name: Stephen J. Thomas III


Title: President


 


San Diego Media
Inc.


A CALIFORNIA
CORPORATION


 


 


		By:	/s/ Brian Kent

                                                                                Name: Brian Kent

	 	 	Title: CEO & President






 


 


 


San Diego Media Inc. Shareholders:


 


 


		By:	/s/ Brian Kent

                                                                                Name: Brian Kent

	 	 	Ownership: 1,900,000 SDM shares or 32.09%






 





		By:	/s/ Karen Kent

                                                                                Name: Karen Kent

	 	 	Ownership: 1,920,000 SDM shares or 32.43%






 








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		By:	/s/ Pat Grant

                                                                                Name: Pat Grant

	 	 	Ownership: 436,000 SDM shares or 7.36%






 





		By:	/s/ Ron Monark

                                                                                Name: Ron Monark

	 	 	Ownership: 990,000 SDM shares or 16.72%






  


		By:	/s/ Chris Copeland

                                                                                Name: Chris Copeland

	 	 	Ownership: 100,000 SDM shares or 1.69%






 


 


		By:	/s/ Brian Kent for Kathleen Marrow, Mother

                                                                                Name: Kathleen Marrow

	 	 	Ownership: 200,000 SDM shares or 3.38%









 


 


		By:	/s/ Rob Jenks

                                                                                Name: Rob Jenks

	 	 	Ownership: 300,000 SDM shares or 5.07%






 


 


		By:	/s/ Josh Hitt

                                                                                Name: Josh Hitt

	 	 	Ownership: 75,000 SDM shares or 1.27%






 


 


 


 


 


 


 


 


 


 



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DRAFT