0001393905-12-000141 Sample Contracts

ADDENDUM NO. 1 TO ASSET PURCHASE AGREEMENT BY AND BETWEEN SPINDLE, INC. (formerly COYOTE HILLS GOLF, INC.), SPINDLE MOBILE, INC. AND THE SELLING SHAREHOLDERS
Asset Purchase Agreement • March 30th, 2012 • Spindle, Inc. • Retail-catalog & mail-order houses

THIS ADDENDUM NO. 1 TO THE ASSET PURCHASE AGREEMENT (“Addendum No. 1”) is made and entered into effective this 29th day of March, 2012, by and among SPINDLE, INC., a Nevada Corporation formerly known as Coyote Hills Golf, Inc. (“SPDL”), SPINDLE MOBILE, INC., a Delaware Corporation (“SMI”), MITCH POWERS, a shareholder and officer of Purchaser (“Powers”), STEPHANIE ERICKSON, a shareholder and officer of Purchaser (“Erickson”), and KAMIAR KHATAMI, an individual (“Khatami”) (all of whom are collectively referred to hereinafter as the “Parties”).

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