Addendum to Channel Distribution Agreement between simplyME Distribution and Zonzia, LLC (June 30, 2015)
This addendum to the Channel Distribution Agreement is between simplyME Distribution and Zonzia, LLC. It adds a new channel, "Zonzia Kidz," to the existing distribution arrangement. Zonzia, LLC must pay a $5,000 channel hold fee upon acceptance, and monthly payments of $5,000 will begin on November 1, 2015. The new channel is scheduled to launch on January 1, 2016. Both parties have agreed to these terms as indicated by their signatures.
Exhibit 10.1
June 30, 2015
Zonzia, LLC
Attn.: Mr. Myles Pressey III
112 West 34th Street, Suite 1555
NeW York, NY 10120
Re: Addendum to Channel Distribution Agreement
This letter herein serves as an addendum to the Channel Distribution Agreement between simplyME Distribution and Zonzia, LLC.
Pursuant to the executed Channel Distribution Agreement, in addition to the distribution already acquired, simplyME hereby is adding one additional channel upon your request, to be named "Zonzia Kidz. Please be sure to remit the channel hold payment of $5,000 upon acceptance of this since we will immediately activate the name across the various cable, OTT and app-based platforms immediately.
It is further understood that the monthly payments of $5,000 will start November 1st, 2015 with a launch of the channel to occur January 1st, 2016.
| Sincerely, | Agreed & Accepted |
| /s/ Krystol Cameron | /s/ Myles Pressey III |
| Krystol Cameron | |
| Managing Owner |
