AGREEMENT

THIS AGREEMENT is dated the 4th day of February, 2009,

B E T W E E N :

LIVE CURRENT MEDIA INC. , formerly known as Communicate.com Inc., a corporation incorporated under the laws of Nevada, USA

(the “ Company ”)

JONATHAN EHRLICH of Vancouver, British Columbia

(the “ Executive ”)

WHEREAS the Company and the Executive (collectively, “the parties” ) entered into an agreement (the “Employment Agreement” ) dated as of September 8, 2007 pursuant to which the Company has been employing the Executive as therein provided;

AND WHEREAS the parties wish to amend the Employment Agreement as set forth herein;

NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the premises and the terms and conditions contained herein, the parties covenant and agree with each other that the Employment Agreement be amended effective as of January 31, 2009 (the “Effective Date” ) as follows:

1.            Sections 2, 3, 5, 6 and 7  of the Employment Agreement and the definitions of “Benefits”, “Board”, “Business Day”, “Change of Control of the Company”, “Disability”, “Effective Date”, “Employment Period”, “Salary”, “Special Bonus”, “Just Cause and “Termination without Cause or Terminated without Cause” set out in Section 1 of the Employment Agreement, be deleted.

2.            (a)           As of the Effective Date, the Executive shall resign as the President, Chief Operating Officer and employee of the Company and its subsidiaries.

(b)           Upon the Executive’s resignation as set forth in subsection 2(a) above, the Company will compensate the Executive as follows:

(i)           A severance allowance representing twelve (12) months base salary in the total gross amount of $275,000 and other benefits in the total gross amount of $23,000, less any amounts as are required by law to be withheld and deducted at source which shall be remitted by the Company to the requisite governmental authority or agency (the “ Statutory Deductions” ).  The severance allowance will be paid over a period of twelve (12) months in semi-monthly instalments on each of the Company’s regular paydays and shall be subject to the Company’s normal payroll practices;

(ii)           additional benefits in the total gross amount of $52,000 paid in semi-monthly instalments over a period of twelve (12) months;

(iii)          an accrued special bonus in the amount of $250,000 paid in equal monthly instalments over a period of twelve (12) months, less any amounts as are required by law to be withheld and deducted at source which shall be remitted by the Company to the requisite governmental authority or agency (the “ Statutory Deductions” ).  The net monthly payments shall be converted to equity and paid as restricted shares of the Company’s common stock at the closing price of the stock on the 15 ^th day of each month (“Conversion Price”).  If the 15 ^th day falls on a weekend or holiday, the Conversion Price will be the stock’s closing price on the last trading day before the 15 ^th day of the month;

(iv)          the Company will pay for and administer Executive’s MSP and Sun Life benefits, except for long term disability and life insurance, until the earlier of (a) twelve (12) months from the Effective Date; or (b) the date upon which Executive becomes employed by a new employer or becomes involved in a new venture in a full time capacity; and

(v)           if Executive relocates to Toronto, Ontario prior to September 30, 2009, the Company shall reimburse the reasonable relocation expenses incurred by Executive up to a maximum of $25,000 upo