| 1. | PureDepth,      Inc. a company incorporated under the laws of Delaware and having its      principal place of business at 230 Twin Dolphin Drive, Suite D, Redwood      City, California 94065 together with its subsidiaries PureDepth Limited      and PureDepth Incorporated Limited (together referred to as      “PureDepth”). |
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| 2. | SANYO      Electric Co., Ltd. a company incorporated under the laws of Japan and      having its head office at 5-5, Keihan-Hondori 2-Chome, Moriguchi City,      Osaka 570-8677, Japan (into which SANYO Sales and Marketing Corporation      was merged as of 1 April 2007) and SANYO Electric System Solutions Co.,      Ltd. a company incorporated under the laws of Japan and having its      principal place of business at 180 Omori Anpachi-cho, Anpachi-gun,      503-0195, Gifu, Japan (together referred to as  “Sanyo”). |
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| A. | PureDepth      and Sanyo are parties to an Exclusive Sales and Distribution License dated      15 December 2005 (“Principal Agreement”) as varied by Amendment No. 1      dated on or around 26 April 2008 (“Amendment No. 1”) both agreements      being referred to as the“Agreement”. |
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| B. | The      parties wish to amend the Agreement from 1 June 2009 (“Effective Date”) as      set out below. |
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| 1. | Amendments |
|----|------------|

| 1.1 | From      and including the Effective Date the Agreement is varied in accordance      with this agreement. |
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| 1.2 | Schedule      1 of the Principal Agreement is amended so that the definition of Term is as      follows: |
|-----|----------------------------------------------------------------------------------------------------------|

|   | Clause      2 of Amendment No. 1 is deleted.                                                     |
|--------|--------------------------------------------------------------------------------------------------|
|   |                                                                                             |
| 1.3    | Clause      2.1 of the Principal Agreement is deleted and replaced by the following      clause: |

|   | 2.1 | For      the Term, but subject to clause 2.3 and the payment of the agreed sums by      Sanyo to PureDepth under the terms of this Agreement, PureDepth grants to      Sanyo a non-exclusive right and license under all the Patent Rights,      Copyright and Trade Marks to manufacture to PureDepth‘s standard      specifications and Trade Marks, sell and/or distribute the Products only      within the Market. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.4 | Clause      2 of the Principal Agreement is amended by inserting after clause 2.1 a      new clause 2.1A as follows: |
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|   | 2.1A | Notwithstanding      clause 2.1: |
|--------|------|----------------------------------|

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|   | (a) | PureDepth      grants to Sanyo an exclusive right and license under all the Patent      Rights, Copyright and Trade Marks to sell and distribute the Product in      the Market to[****]; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | PureDepth      will not approach the Specified Customers in relation to potential sales      of the Product to them within the Market during the  Term. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | The      royalty rate applicable to [****] will [****].. |
|--------|-----|----------------------------------------------------------|

|   | (d) | PureDepth      will not grant the right to any other party to sell or distribute product      incorporating the Product to be launched into the Market prior to 31      August 2009. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | PureDepth      will notify Sanyo prior to [****]. |
|--------|-----|---------------------------------------------------|

|   | (f) | PureDepth      acknowledges that Sanyo has a preferred manufacturer position with      PureDepth in as much as PureDepth will encourage New Licensees to utilize      Sanyo’s manufacturing expertise in the MLD technology under the reasonable      conditions of use. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.5 | Clause      5.2 of the Principal Agreement isdeleted. |
|-----|-------------------------------------------------------|

| 1.6 | Clause      6 of the Principal Agreement is amended by inserting a new clause 6.4 as      follows: |
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|   | 6.4 | Sanyo      will notify PureDepth prior to entering into an agreement with a customer      of Sanyo far the supply of the Product or the Sanyo      Product.  Puredepth will ask .for and Sanyo will promptly      provide explanation concerning that agreement insofar as it relates to      Sanyo’s obligations under thisAgreement. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.7 | Schedule      1 of the Principal Agreement is amended by inserting at the end of      Schedule 1 the following: |
|-----|-----------------------------------------------------------------------------------------------------------------|

|   | [****] | [****] | [****] | [****] |
|--------|--------|--------|--------|--------|
| [****] | [****] | [****] | [****] | [****] |
| [****] | [****] | [****] | [****] | [****] |
| [****] | [****] | [****] | [****] | [****] |
| [****] | [****] | [****] | [****] | [****] |
|   |   |   |   |   |

| [****] | [****] |
|--------|--------|
| [****] | [****] |
| [****] | [****] |

----

 

| 2. | General |
|----|---------|

| 2.1 | Except      as expressly varied by this agreement, in all other respects the Agreement      is confirmed.  The variations in this agreement are without      prejudice to rights and obligations accrued prior to the Effective      Date. |
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| 2.2 | Each      party will do all things and execute all documents reasonably required in      order to give effect to the provisions and intent of this      agreement. |
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| 2.3 | This      agreement is executed and interpreted in the English language      only.  No translation of this agreement into any language will      be of any force or effect in the interpretation of this agreement or in a      determination of the intent of any of the parties to this      agreement. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.4 | SANYO      Electric System Solutions Co., Ltd., hereby guarantees the performance and      compliance with the rights and obligations under this agreement on behalf      of SANYO Electric Co., Ltd. |
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| SIGNED:                              |   |                                          |
|--------------------------------------|--------|-----------------------------------------------|
|                                 |   |                                          |
| SIGNED      by PureDepth, Inc.       | )      |                                          |
|                                 | )      | /s/ Andy L. Wood                              |
|                                 |   | Chief      Executive OfficerMay      29, 2009 |
|                                 |   |                                          |
| SIGNED      by SANYO Electric   | )      |                                          |
| System      Solutions Co., Ltd  | )      | /s/ Tsutomu Fujita,DirectorMay      28, 2009  |