Common use of Amendment; Resignation Clause in Contracts

Amendment; Resignation. This Agreement may be altered or amended only ---------------------- with the written consent of the Company, Golden Sand, the Golden Sand Shareholders, Xxxxxxxxxx and the Escrow Agent. The Escrow Agent may resign as Escrow Agent at any time upon ten (10) days' prior written notice to the parties. In the case of the Escrow Agent's resignation, its only duty shall be to hold and dispose of the Escrow Funds in accordance with the original provisions of this Agreement until a successor Escrow Agent shall be appointed and written notice of the name and address of such successor Escrow Agent shall be given to the Escrow Agent by the Company, whereupon the Escrow Agent's only duty shall be to pay over to the successor Escrow Agent the Escrow Funds.

Amendment; Resignation. This Agreement may be altered or amended ---------------------- only ---------------------- with the written consent of the Company, Golden Sand, the Golden Sand Shareholders, Xxxxxxxxxx Underwriter and the Escrow Agent. The Escrow Agent may resign as Escrow Agent at any time upon ten (10) business days' prior written notice to the partiesCompany and the Underwriter. In the case of the Escrow Agent's resignation, its only duty shall be to hold and dispose of the Escrow Funds Fund in accordance with the original provisions of this Agreement until a successor Escrow Agent shall be appointed and written notice of the name and address of such successor Escrow Agent shall be given to the Escrow Agent by the Company, whereupon the Escrow Agent's only duty shall be to pay over to the successor Escrow Agent the Escrow FundsFund, less any portion thereof previously paid out in accordance with this Agreement.

Amendment; Resignation. This Agreement may not be altered or amended only ---------------------- with the written consent of unless it be in writing and signed by the Company, Golden Sand, the Golden Sand Shareholders, Xxxxxxxxxx Placement Agent and the Escrow Agent. The Escrow Agent may resign as the Escrow Agent at any time upon ten five (105) business days' prior written notice to the partiesCompany and the Placement Agent. In the case of the Escrow Agent's resignation, its only duty shall be to hold and dispose of the Escrow Funds Fund in accordance with the original provisions of this Agreement until a successor Escrow Agent shall be appointed and written notice of the name and address of such successor Escrow Agent shall be given to the Escrow Agent by the Company, whereupon the Escrow Agent's only duty shall be to pay over to the successor Escrow Agent the Escrow FundsFund, less any portion thereof previously paid out in accordance with this Agreement.

Amendment; Resignation. This Agreement may be altered or amended only ---------------------- with the written consent of the Company, Golden Sand, the Golden Sand Shareholders, Xxxxxxxxxx Purchasers and the Escrow Agent. The Escrow Agent may resign as Escrow Agent at any time upon ten (10) days' prior days written notice to the partiesCompany and the Purchasers. In the case of the Escrow Agent's resignation, its only duty shall be to hold and dispose of the Escrow Funds in accordance with the original provisions of this Agreement until a successor Escrow Agent shall be appointed and written notice of the name and address of such successor Escrow Agent shall be given to the Escrow Agent by the CompanyCompany and Purchasers, whereupon the Escrow Agent's only duty shall be to pay over to the successor Escrow Agent the Escrow Funds.

Amendment; Resignation. This Agreement may be altered or amended only ---------------------- with the written consent of the Company, Golden Sand, the Golden Sand Shareholders, Xxxxxxxxxx Scheuerman and the Escrow AgentXxxxx. The Xxx Escrow Agent may resign as Escrow Agent at any time upon ten (10) days' prior written notice to the parties. In the case of the Escrow Agent's resignation, its only duty shall be to hold and dispose of the Escrow Funds in accordance with the original provisions of this Agreement until a successor Escrow Agent shall be appointed and written notice of the name and address of such successor Escrow Agent shall be given to the Escrow Agent by the Company, whereupon the Escrow Agent's only duty shall be to pay over to the successor Escrow Agent the Escrow Funds.

Amendment; Resignation. This Agreement may be altered or amended only ---------------------- with the written consent of the Company, Golden Sand, the Golden Sand Shareholders, Xxxxxxxxxx Managing Dealer and the Escrow Agent. The Escrow Agent may resign as Escrow Agent at any time upon ten (10) 10 days' prior written notice to the partiesCompany and the Managing Dealer. In the case of the Escrow Agent's resignation, its only duty shall be to hold and dispose of the funds in the Escrow Funds Account in accordance with the original provisions of this Agreement until a successor Escrow Agent shall be appointed and written notice of the name and address of such successor Escrow Agent shall be given to the Escrow Agent by the CompanyCompany and the Managing Dealer, whereupon the Escrow Agent's only duty shall be to pay over to the successor Escrow Agent the funds in the Escrow FundsAccount, less any portion thereof previously paid out in accordance with this Agreement.