Supplement to Stock Exchange Agreement Between High Speed Net Solutions, Inc. and William Dunavant

Summary

High Speed Net Solutions, Inc. and William Dunavant entered into an oral agreement on January 15, 1999, to exchange common stock of High Speed Net Solutions, Inc. for common stock of Summus Technologies, Inc. This supplement confirms that the parties have now put their agreement in writing, effective as of the original date, January 15, 1999. The document clarifies the effective date of the written agreement and formalizes the prior oral arrangement between the parties.

EX-10.24 24 ex10-24.txt SUPPLEMENT TO AGREEMENT/HIGH SPEED AND DUNAVANT 1 SUPPLEMENT TO AGREEMENT BY AND BETWEEN HIGH SPEED NET SOLUTIONS, INC. AND WILLIAM DUNAVANT WHEREAS, on or about January 15, 1999, the parties entered into an oral agreement (the "Oral Agreement") for the exchange of common stock of High Speed Net Solutions, Inc. for common stock of Summus Technologies, Inc.; and WHEREAS, the parties have just now memorialized the Oral Agreement in writing by a written agreement (the "Written Agreement") dated and effective August 13, 1999 by and between the parties. NOW THEREFORE, it is agreed as follows: 1. The actual effective date for the Written Agreement shall be January 15, 1999. HIGH SPEED NET SOLUTIONS, INC. /s/ William R. Dunavant By: /s/ Michael M. Cimino - ----------------------------- ----------------------------------------- William R. Dunavant Michael Cimino, Chairman of the Board