Exhibit
10.1
SECOND ADDENDUM AND
EXTENSION TO
EXCLUSIVE LICENSE AND
DISTRIBUTION AGREEMENT
This ADDENDUM AND
EXTENSION TO EXCLUSIVE LICENSE AND DISTRIBUTION AGREEMENT (this
“Agreement”) is made effective 1 May 2009 (the
“Effective Date”) by and among and NEXTFITNESS,
INC. , a Nevada corporation whose address is 235 West Sego Lily
Drive, 2nd Floor, Sandy UT 84070 (“ Licensor ”)
and WREN, INC. , a Nevada corporation whose address is 235 W
Sego Lily Dr., Sandy UT 84070 (“ Licensee
”).
A.
Licensor and Licensee
entered into an Exclusive License and Distribution Agreement dated
effective as of March 4, 2009, (the “ License and
Distribution Agreement ”), wherein monthly payments were
deemed to have started on the Effective Date of said Distribution
and License Agreement.
B.
Licensor and Licensee
entered into an Addendum and Extension to Exclusive License and
Distribution Agreement dated effective as of March 31, 2009, (the
“ Addendum ”), wherein Section 1(g)(v) of said
License and Distribution Agreement to Licensor was amended to
provide for a thirty (30) day extension for each payment date on
the payment schedule.
C.
Whereas, the Parties
desire to amend the License and Distribution Agreement to set forth
the additional $300,000 license fee wh
