Exhibit 10.1

AMENDMENT NO. 1 TO PROMISSORY NOTE

AMENDMENT NO. 1 TO PROMISSORY NOTE, dated as of March 31, 2010 (this “Amendment”), among (a) CornerWorld Corporation, a Nevada corporation (the “Borrower”) and (b) IU INVESTMENTS, LLC (“Lender”).

WITNESSETH:

WHEREAS, on February 23, 2009, the Borrower and the Lender party thereto entered into the Promissory Note dated as of February 23, 2009 (as it may be amended from time to time, the “Promissory Note”).

WHEREAS, on or about December 1, 2009, the Borrower and the Lender executed a waiver (the “Waiver”) pursuant to which the Lender agreed to waive, during the period from December 1, 2009 through February 28, 2010, their rights and remedies under the Promissory Note.

WHEREAS, the Borrower has requested, and the Lender has agreed, to amend the Promissory Note as set forth below.

NOW, THEREFORE, in consideration of the premises and the agreements hereinafter contained, and for other good and valuable consideration, notwithstanding any provisions of the Promissory Note to the contrary, the parties hereto hereby agree as follows:

Lender and Borrower and borrower agree to remove Schedule A to the Promissory Note and replace it in its entirety with Schedule A as attached hereto. Interest payments and all other terms remainas stated in the original agreement.

/s/ Scott N. Beck

By: Scott N. Beck

CORNERWORLD CORPORATION

Its: Chief Executive Officer

/s/ Doug Levy

By: Doug Levy

IU INVESTMENTS, LLC

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Schedule A to Promissory Note:

Scheduled Payment Date	Amount
April 15, 2009	$145,000
May 15, 2009	$145,000
June 15, 2009	$145,000
July 15, 2009	$145,000
August 15, 2009	$145,000
September 15, 2009	$145,000
October 15, 2009	$145,000
November 15, 2009	$145,000
March 25, 2010	$25,000
April 25, 2010	$50,000
May 25, 2010	$75,000
June 25, 2010	$75,000
July 25, 2010	$75,000
August 25, 2010	$75,000
September 25, 2010	$75,000
October 25, 2010	$75,000
November 25, 2010	$75,000
December 25, 2010	$140,000

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