Document:

Exhibit 10.39 - ADDENDUM TO THE SALES AND DISTRIBUTION AGREEMENT

  

 EXHIBIT 10.39
 AMENDMENT # 1 
 TO
 PATENT AND TECHNOLOGY LICENSE AGREEMENT
 BETWEEN 
 SOON HOCK LIM 
 AND 
 GLOBAL MOBILETECH, INC.
 

 

 

 

 This Amendment to that certain Patent and Technology License Agreement dated December 15, 2011, (the “License Agreement”), is made this 23rd day of March, 2012.
 

 

 BETWEEN:
 SOON HOCK LIM (“SHL”) 
 Unit M, Suite 807 Allway Gardens
 Tsuen Wan, NT
 Hong Kong
 

 AND:
 GLOBAL MOBILETECH, INC.
 1312 North Monroe, Suite 750
 Spokane, WA 99201
 USA
 

 

 WHEREAS, the parties wish to amend certain terms of the License Agreement.
 

 THEREFORE, the parties agree as follows:
 

 

 1.    CLAUSE 1
 

 This clause shall be amended to read as follows:
 

 “Territory” shall include China, Thailand, Indonesia, Philippines, Malaysia, Vietnam, India and South Korea.
 

 

 2.   CLAUSE 4
 

 This clause shall be amended to read as follows:
 

 4.1   
 GMT, on its behalf and on behalf of its Affiliate or Sub-Licensee, shall pay SHL the following:
 

 4.1.1 
 A one time license fee in the amount of $1,050,000 payable in the manner described in Schedule A annexed hereto.
 

 

 
 

 4.1.2 
 One percent (1%) of GMT’s gross sales due and payable on or before each anniversary of the Effective Date of this Agreement or a minimum royalty payment of US$100,000 annually, whichever is the higher.
 

 4.1.3 
 All amounts payable by GMT to SHL must be paid in United States funds without deductions for taxes, assessments, fees or charges of any kind.
 

 

 3.    ENTIRE AGREEMENT 
 

 This Amendment, together with the License Agreement, constitutes the final, complete and exclusive statement of the agreement between the parties pertaining to their subject matter and supersedes any and all prior and contemporaneous understandings or agreements of the parties.
 

 4.    MODIFICATION 
 

 This Amendment may be supplemented, amended or modified only by the mutual agreement of the parties. No supplement, modification or amendment of this Amendment shall be binding unless it is in writing and signed by both parties.
 

 5.    INCONSISTENCY 
 

 In the event of any conflict between this Amendment and the License Agreement, the terms of this Amendment shall govern.
 

 

 

 Soon Hock Lim
 Global MobileTech, Inc.
 

 

 

 

 

 By:
 /s/ Soon Hock Lim
 By:
 /s/ Valerie Hoi Fah Looi
 -------------------------
 ----------------------------------
 Valerie Hoi Fah Looi
 Director
 

 
 SCHEDULE B
 

 Payment of License Fee
 

 

 

 The one time license fee of US$1,050,000 shall be paid as follows:
 

 1)
 740,740 shares of restricted common stock of Global MobileTech, Inc. at $0.54 per share or $400,000 in the aggregate shall be issued to SHL within thirty (30) days from December 15, 2011
 

 2)
 1,000,000 shares of restricted common stock of Global MobileTech, Inc. at $0.30 per share or $300,000 in the aggregate shall be issued to SHL upon signing this Amendment Agreement #1. 
 

 3)
 US$200,000 cash payable within thirty (30) days from December 15, 2011 
 

 4)
 US$150,000 cash payable within sixty (60) days from the date of this Amendment Agreement #1.Exhibit 10.40 - ADDENDUM TO THE SALES AND DISTRIBUTION AGREEMENT

  

 EXHIBIT 10.40
 

 AMENDMENT # 2 
 TO
 PATENT AND TECHNOLOGY LICENSE AGREEMENT
 BETWEEN 
 SOON HOCK LIM 
 AND 
 GLOBAL MOBILETECH, INC.
 

 

 

 

 This Agreement to that certain Amendment #1 dated March 23, 2012 (“Amendment #1”) to the Patent and Technology License Agreement dated December 15, 2011 (the “License Agreement”), is made this 1st day of June, 2012.
 

 

 BETWEEN:
 SOON HOCK LIM (“SHL”) 
 Unit M, Suite 807 Allway Gardens
 Tsuen Wan, NT
 Hong Kong
 

 AND:
 GLOBAL MOBILETECH, INC.
 1312 North Monroe, Suite 750
 Spokane, WA 99201
 USA
 

 

 WHEREAS, the parties wish to amend Schedule B (Payment of License Fee) of Amendment No. 1. 
 

 THEREFORE, the parties agree as follows:
 

 

 1.
 SCHEDULE B
 

 GMT shall pay the balance of the purchase consideration amounting to $150,000.00 being the full and final payment to SHL by issuing 500,000 shares of restricted common stock of Global MobileTech, Inc. at $0.30 per share upon signing this Agreement. 
 

 

 2.    ENTIRE AGREEMENT 
 

 This Amendment, together with Amendment #1 and the License Agreement, constitutes the final, complete and exclusive statement of the agreement between the parties pertaining to their subject matter and supersedes any and all prior and contemporaneous understandings or agreements of the parties.
 

 

 

 
 3.    MODIFICATION 
 

 This Agreement may be supplemented, amended or modified only by the mutual agreement of the parties. No supplement, modification or amendment of this Agreement shall be binding unless it is in writing and signed by both parties.
 

 5.    INCONSISTENCY 
 

 In the event of any conflict between this Agreement and the License Agreement, the terms of this Agreement shall govern.
 

 

 

 Soon Hock Lim
 Global MobileTech, Inc.
 

 

 

 

 

 By:
 /s/ Soon Hock Lim
 By:
 /s/ Valerie Hoi Fah Looi
 -------------------------
 --------------------------------
 Valerie Hoi Fah Looi
 Director
 

 

 - 2 -c3event_ex41.htm

EXHIBIT 4.1

 

	
COMMON STOCK

 

	
  

	  	
  

	  	  	
COMMON STOCK

 

	  	  
	  	  	
 

Number

---

 

	
  

	
C3 Event 

Management, Inc.

	
  

	  	  	
 

Shares

***0***

 

	  	  	  
	
INCORPORATED UNDER THE LAWS        

OF THE STATE OF DELAWARE     

	  	
  

	
SEE REVERSE FOR CERTAIN DEFINITIONS AND A STATEMENT AS TO THE POWERS, DESIGNATIONS, PREFERENCES, RESTRICTIONS, AND RIGHTS OF SHARES

	  	  	  	  	  	  
	  	  	  	
  

	  	
  

	  	  	
CUSIP  _________________

 

	
THIS CERTIFIES THAT

	  	
 

SPECIMEN

 

	
  

	  
	  	  	  	  
	  	  	  	
  

	  
	
IS THE RECORD OWNER OF

	  	
 

ZERO

 

	
  

	  

 

FULLY PAID AND NON-ASSESSABLE SHARES OF COMMON SHARES, $0.0001 PAR VALUE OF

 

----------------------C3 Event Management, Inc. ----------------------

 

transferable on the books of the  by the registered holder hereof in person or by duly authorized attorney upon surrender of this certificate properly endorsed. This certificate is not valid unless countersigned by the Transfer Agent and registered by the Registrar.

 

In Witness Whereof the Company has caused this certificate to be signed in facsimile by it authorized officers and its facsimile seal to be affixed.

 

	
Dated

	  	  	  	  	  	
  

	  
	  	  	  	  	  
	

/s/ Charity Helms

	  	  	
C3 Event Management, Inc.

	  	  	
  

	

/s/ Charity Helms

	
Secretary

	  	  	  	  	  	
  

	
President and

	  	  	  	
CORPORATE SEAL

	  	  	
  

	
Chief Executive Officer

	  	  	  	  	  	  	
  

	  

 

	  	
TRANSFER AGENT AND REGISTRAR,

	 
	  	  	 
	  	
VOID

	 
	  	
By

	  	 
	  	  	
AUTHORIZED SIGNATURE

 

	 

 

C3 Event Management, Inc.

 

  

1

  

 

The Company is authorized to issued Common Stock and Preferred Stock. The Board of Directors of the Company has the authority to fix the number of shares and the designations of Preferred Stock and to determine or amend the preferences, privileges, and restrictions granted to or imposed upon any unissued shares of Preferred Stock.

 

The company shall furnish without charge to each stockholder who so requests a statement of the powers, designations, preferences and relative, participating, optional or other special rights of each class of stock of the  or series thereof and the qualifications, limitations or restrictions of such preferences and/or rights so far as the same shall have been fixed, and of the authority of the Board of Directors to designate and fix any preferences, rights and limitations of any wholly unissued series. Such requests shall be made to the Secretary at the principal office of the Company.

 

	
The following abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were written out in full according to applicable laws or regulations:

	  	  	  	  	  	  	  	  	  
	 	 	 	 	 UNIF GIFT MIN ACT –	 	 ______________   	 Custodian	 ______________
	
TEN COM

	 	
as tenants in common

	 	 	 	(Cust)	 	 (Minor)
	  	  	  
	TEN ENT	 	as tenants by entireties	 	under Uniform Gifts to Minors Act___________________	 
	  	  	  	  	  	  	 	(State)	 
	JT TEN	 	as joint tenants with right of	 	UNIF TRF MIN ACT – 	 	  ______________   	Custodian (until age _______ )
	 	 	survivorship and not as	 	 	 	(Cust) 	 
	  	  	
tenants in common

	  	
___________________ under Uniform Transfers

	  	  	  	  	  	  	
(Minor)                  

	  
	  	  	  	  	  	  	
to Minors Act ___________________

	  	  	  	  	  	  	  	
                (State)

	
Additional abbreviations may also be used though not in the above list.

 

For value received,                                                                                                                    hereby sell, assign and transfer unto

PLEASE INSERT SOCIAL SECURITY OR OTHER

    IDENTIFYING NUMBER OF ASSIGNEE

 

	
 

 

	 

 

(PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS OF ASSIGNEE)

 

 

 

	  	
Shares

 

	
of the capital stock represented by the within Certificate, and do hereby irrevocably constitute and appoint

	  

 

	  	
Attorney to

 

transfer the said stock on the books of the within named  with full power of substitution.

 

Dated:                     

 

	  	  	  	  	  
	  	  	
X

	
  

	  
	  	  	  
	  	  	
X

	
  

	  
	  	  	
NOTICE: THE SIGNATURE TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME(S) AS WRITTEN UPON THE FACE OF THE CERTIFICATE, IN EVERY PARTICULAR WITHOUT ALTERATION OR ENLARGEMENT OR ANY CHANGE WHATSOEVER.

 

 

2Unassociated Document

 

PROMISSORY NOTE

 

	

__________ ___, 2012 

	

$________ USD

 

For value received, Universal Tech Corp. (the “Company”) promises to pay $__________ USD to or to the order of ___________ (the “Payee”) on demand, at the ___________________________, together with interest calculated semi-annually not in advance at the rate of sixteen (16%) per cent per annum from the date of advance to the date of payment. The Company has the right to prepay all or any money owing pursuant to this Promissory Note without notice, penalty, or bonus. The Company hereby waives presentment, notice, protest and all other demands and notices in connection with the delivery, acceptance, performance, default or enforcement of this promissory note.

 

Dated: __________ ____ 2012

	  	
Universal Tech Corp

 

Per: ___________________

Authorized Signatory

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