THIS AMENDMENT AGREEMENT (this “ Agreement ”), dated as of July 2, 2009 is
entered into by and between Blink Logic Inc., a Nevada corporation (the “ Company ”) and Dean Delis (the “
Holder ”). Capitalized items not defined in this Agreement shall have the meaning defined in the Note.
WHEREAS , DataJungle Software Inc. issued a 10% Convertible Note dated August 6, 2007
for $150,000 (the “ Note ”) to the Holder;
WHEREAS , DataJungle Software changed its name to Blink Logic Inc. effective November 2,
WHEREAS , the Company has requested that the Holder agree to certain amendments to the
Note, and the Holder has agreed to such request, subject to the terms and conditions of this Agreement.
NOW, THEREFORE , in consideration of the terms and conditions contained in this
Agreement, and other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Company and the Holder, intending to be legally bound hereby, agree as follows:
Extension of Maturity Date . The Maturity Date of the Note shall be extended until October 31,
2010. All references to the Maturity Date in the Note shall be amended to reflect such new Maturity Date.
Adjustment to Conversion Price .
(a) Section 3.2(a) of the Note shall be deleted in its entirety and replaced with the
“The conversion price in effect on any conversion date shall be equal to the
lesser of (a) $0.145, subject to adjustment herein and (b) 85% of the lowest volume
weighted average price during the 20 trading days immediately prior to the
applicable conversion date (the “ Conversion Price ”). Notwithstanding anything
to the contrary herein, this Note shall not be convertible into more than, in the
aggregate, 164,836 shares of Common Stock until the shareholders of the
Company have approved an amendment to the Company’s articles of
incorporation increasing the number of authorized shares of Common stock from
42,857,143 to 500,000,0