f8k051109ex10i_soact.htm


     

    Exhibit
10.1

     

    


    
      AMENDMENT
TO GIGABLAST PROFESSIONAL SERVICES AGREEMENT

      


      
        This
Amendment (“May 2009 Amendment”) is entered into on the 29th day of
May, 2009 (“Effective Date”) to amend the “Gigablast Professional Services
Agreement” (the “Agreement”) that was made and entered into on January 19, 2009
by and between So Act Network, Inc. (“So Act”) and Gigablast, Inc
(“Gigablast”).

        


        Whereas;
Gigablast hereby agrees to lower the outstanding balance on invoice #10-2008-610
from $34,325.00 to $17,162.50, thereby cutting the charges incurred under that
invoice in half. Gigablast also agrees to change the hourly rate of labor in the
development of the So Act Search Network from $150/hour to $75/hr. In exchange
for these considerations, So Act is hereby granting Gigablast the right to use,
for any purpose that is not in the field of a Social Action Network (as defined
further below), all work or intellectual property that Gigablast developed for
So Act Network under the Gigablast Professional Services Agreement.

        


        DEFINITIONS:

        


        
          	
                  1.  

                	
                  Gigablast
      would be able to provide components of the technology to others who would
      not be considered to be a competitor of So Act
  Network.

                


        

        
          	
                  2.  

                	
                  More
      specifically, to anyone considered to be a competitor of So Act Network
      Gigablast would not provide the “Conversation widget” developed for So Act
      together with the “Initiative widget” developed for So Act whereas such
      competitors have or are building a social network where their users are
      trying to conduct some kind of socially beneficial action in the
      world.

                


        

        
          	
                  3.  

                	
                  Also,
      the Search engine and other modules developed for So Act would not be
      provided to sites who claim to be a social network where users would have
      profiles with missions to conduct some kind of socially beneficial action
      in the world.

                


        

        


        In
witness whereof, the parties hereto have executed this Amendment as of the
Effective Date.

      

       

       

    

     

    
      
        
          
            
              
                
                  	
                          Gigablast,
      Inc.

                        	 
      	
                          So
      Act Network, Inc.

                        
	 
      	 
      	 
      
	
                          By:
      /s/ Matt
      Wells

                        	 
      	
                          By: /s/ Greg
      Halpern

                        
	 	 	 
	
                          Name:   Matt
      Wells

                        	 
      	
                          Name:
      Greg Halpern

                        
	 	 	 
	
                          Title:
      CEO

                        	 
      	
                          Title:
      President

                        


                

              

            

          

        

      

    

     

     

     

     

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