Exhibit 10.21
Amendment 1
This amendment is made as of June 6, 2000 to the shareholders agreement of
December 31, 2000 (the "Agreement"), by and between Bernard Wolff ("Bernie") and
Ambient Corporation ("Ambient") respecting Kliks.com Ltd. The Agreement shall
remain unchanged and in full force and effect except for the following:
Section 1.8 shall be amended to read as follows:
Subject to the provisions contained herein, from June 6, 2000 and thereafter,
Ambient shall loan (on terms and conditions contained in the attached loan
agreement, Appendix 1.8) to the Company up to an aggregate amount of $1,000,000
U.S. dollars to meet the financing needs of the Company in accordance with a
budget(s) adopted by the Board of Directors of the Company from time to time.
Ambient shall not be issued any additional shares or securities of any kind for
such payments.
Provided that the aggregate loan amount shall be reduced to $850,000 in the
event that Ambient's auditors so instruct.
A section 4.2 (a) shall be added to the Agreement as follows:
Bernie and Ambient shall be entitled to transfer their respective Proportionate
Shares in whole or in part to any subsidiary of Ambient Corporation without
being subject to the Right of Refusal set forth below.
Whereas the parties have affixed their signatures to this amendment as of the
effective date written above.
Ambient Corporation
\s\ Michael Braunold \s\ Bernie Wolff
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by: Michael Braunold Bernie Wolff
Director
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