SEC Contract Filing

Filing Date: 2019-08-15

Document Content:
<DOCUMENT>
<TYPE>EX-10.15
<SEQUENCE>12
<FILENAME>brac_ex1015.htm
<DESCRIPTION>AMEND 3 TO SOFTWARE DEV AGR
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<P STYLE="margin: 0">Exhibit 10.15</P>

<P STYLE="margin: 0">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt">AMENDEMENT THREE TO SOFTWARE DEVELOPMENT AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 38.25pt; margin-bottom: 0pt; text-align: justify; text-indent: 40pt">This
Amendment Three <B>(&quot;Amendment Three&quot;) </B>to the Software Development Agreement is made as of this 28 day of August,
2013, by and between Pala Interactive Canada, Inc. (formerly RealTime Edge Software Inc.) <B>(&quot;PALA&quot;) </B>and Club Services,
Inc. as successor-in-interest to Centaurus Games, LLC <B>(&quot;CSI&quot;).</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 38.25pt; margin-bottom: 0pt; text-align: justify; text-indent: 40pt">WHEREAS,
the Parties hereto entered into a Software Development Agreement dated as of September 16, 2008 (the <B>&quot;Original Agreement&quot;)
</B>as amended by that certain Amendment One to the Software Development Agreement dated as of September 12, 2011, and that certain
Amendment Two to the Software Development Agreement dated as of March 29, 2012 (collectively, the <B>&quot;Agreement&quot;);</B>
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 38.25pt; margin-bottom: 0pt; text-align: justify; text-indent: 40pt">WHEREAS,
the Parties hereto desire to amend the contents of the &quot;Product&quot; in the Agreement to include certain aspects of a social
casino application, to amend the Agreement to provide for a license by PALA to CSI of the associated social casino. game engine,
and to amend the Agreement to reflect the development and design fees related to the social casino application hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 38.25pt; margin-bottom: 0pt; text-align: justify; text-indent: 40pt">NOW
THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which
is hereby acknowledged, the Parties hereby agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 38.25pt; margin-bottom: 0pt; text-align: justify; text-indent: 40pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.
</FONT><U>Capitalized Terms. </U>Capitalized terms used but not defined herein shall have the meanings set forth in the Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 38.25pt; margin-bottom: 0pt; text-align: justify; text-indent: 40pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 38.25pt; margin-bottom: 0pt; text-align: justify; text-indent: 40pt">2. <U>Social
Casino.</U> Pursuant to Section 2.3 of the Agreement, and subject to the following provisions of this section, the
Parties acknowledge and agree that PALA shall develop a social casino application to add to the Product offering based on
the contents outlined in the newly revised Exhibit 1.4, attached hereto and incorporated herein (the <B>&quot;CSI
Social Casino&quot;). </B>CSI will own exclusively the unique &quot;look and feel&quot; elements of the CSI Social Casino
Product developed by PALA for CSI hereunder (as more particularly outlined in Exhibit A attached hereto). It is understood
and agreed that PALA owns the social casino game engine, being the programmed mathematics and related technology used to
drive social casino games (the <B>&quot;Social Casino Game Engine&quot;)</B> and all intellectual property rights therein, in
addition to the back-end system needed to conduct financial transactions (as referred to in Section 1.4 of the Original
Agreement). During the Term of the Agreement, PALA will license to CSI, on a non-exclusive, non-transferable (subject to
Section 11.7 of the Original Agreement), royalty-free basis, the right to use the Social Casino Game Engine to operate the
CSI Social Casino. Furthermore, and for greater certainty, it is agreed that nothing in the Original Agreement will be deemed
to restrict PALA from developing or operating any social casino products utilizing the Social Casino Game Engine for itself
or any affiliate or any other client, provided it does not incorporate therein any such unique &quot;look and feel&quot;
elements of the CSI Social Casino. PALA shall use commercially reasonable efforts to deliver the CSI Social Casino in the
timeline outlined in Exhibit B, attached hereto and incorporated herein; and CSI acknowledges that its feedback on such
Product development shall be in a timely fashion and that PALA's obligation to meet such timelines is conditional upon
receiving such timely feedback.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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