March 21, 2000
Xxxxxx Xxxxxx & Company, Inc. Continental Stock Transfer & Trust Company
000 Xxxxxxxx Xxxxxxxxx 2 Broadway
Great Neck, New York 11021 Xxx Xxxx, Xxx Xxxx 00000
RE: Amendment No. 3 to Warrant Agreement
Gentlemen:
This letter agreement represents Amendment No. 3 to the Warrant
Agreement between Xxxxxx Xxxxxx & Company, Inc. ("Xxxxxx"), Continental
Stock Transfer & Trust Company (the "Warrant Agent"), and Dialysis
Corporation of America (the "Company"), dated April 16, 1996, between and
among the parties, and amended on March 9, 1999 and September 10, 1999
(the "Warrant Agreement"), to further extend the exercise period of the
Warrants. This Amendment No. 3 amends Section 2 of the Warrant Agreement
as amended by extending the exercise period of the Warrants to June 30,
2000. Any and all other provisions of the Warrant Agreement indicating
the expiration of the term being October 16, 1999 or March 31, 2000 are
hereby amended to read June 30, 2000.
The Warrants and the Warrant Agreement as previously modified will
otherwise remain the same and in full force and effect in accordance with
their terms.
Very truly yours,
DIALYSIS CORPORATION OF AMERICA
/s/ Xxxxxx X. Xxxxxxxx
By:--------------------------------
XXXXXX X. XXXXXXXX, Chief
Executive Officer
Dated: March 21, 2000
Acknowledged and agreed to:
Xxxxxx Xxxxxx & Company, Inc. Continental Stock Transfer & Trust Company
/s/ Xxxxxx Xxxxxx /s/ Xxxxxxx Xxxxxx
By:--------------------------- By:-------------------------------
XXXXXX XXXXXX, CEO XXXXXXX XXXXXX, President
Dated: March 21, 2000 Dated: March 21, 2000
