EX-10 2 exh1037.txt MLS AMEND #1 Your Internet Utility Company TM 1127 Broadway Plaza, Suite 10 Tacoma, WA 98402 253.284.2000 Phone 253.284.2035 Fax Insynq.com AMENDMENT #1 TO MASTER LICENSE AGREEMENT The Insynq Master License Agreement effective October 4, 2004 by and between Insynq, Inc. ("Insynq") and Aptus Corp. ("Aptus") is hereby amended as set forth below. WHEREAS, the parties wishes to amend and add certain terms and conditions of the Agreement; and NOWTHERFORE IT IS AGREED, 1. Introduction. Is hereby amended as follows: "....and InsynQ, Inc. ("InsynQ"), a Delaware corporation, having its principal place of business at 1127 Broadway Plaza Suite 200, Tacoma, WA 98402. SHALL READ "...and Insynq, Inc. ("Insynq"), a Nevada corporation, having its principal place of business at 1127 Broadway Plaza, Suite 202, Tacoma, WA 98402. 2. Recitals. The following section is hereby added as "E" of the Agreement: E. WHEREAS, Insynq wishes, as part of the compensation under this Agreement, to purchase licenses of MyBooks Professional for resale or rental. 3. Compensation. The following section is hereby added as Section 4.1.4 of the Agreement: Insynq shall additionally receive 1,500 licenses at a discounted rate of $400.00 per license. 4. Term. The term of this Amendment shall be coterminous with the Agreement. 5. Signature. This Amendment may be signed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute on and the instrument. Accepted by: Insynq, Inc. Aptus Corp. /s/ John P. Gorst /s/ Joanie C. Mann ---------------------------------- ----------------------------- Authorized Signature Authorized Signature John P. Gorst Joanie C. Mann ---------------------------------- ----------------------------- Name Name CEO Executive Vice Pres. ---------------------------------- ----------------------------- Title Title 10/20/04 10/20/04 ---------------------------------- ----------------------------- Date Date