AMENDMENT TO SALE & PURCHASE AGREEMENT DATED OCTOBER 4, 2002, MADE BETWEEN AVANI INTERNATIONAL GROUP INC. AND AVANI OXYGEN WATER CORPORATION (called “VENDOR”) AND AVANI O2 WATER SDN. BHD. (called “PURCHASER”).
AMENDMENT TO SALE & PURCHASE AGREEMENT DATED OCTOBER 4, 2002, MADE BETWEEN AVANI INTERNATIONAL GROUP INC. AND AVANI OXYGEN WATER CORPORATION (called “VENDOR”) AND AVANI O2 WATER SDN. BHD. (called “PURCHASER”).
Reference is hereby made to that certain Sale & Purchase Agreement dated October 4, 2002 by and between AVANI INTERNATIONAL GROUP INC. AND AVANI OXYGEN WATER CORPORATION (called “VENDOR”) AND AVANI O2 WATER SDN. BHD. (called “PURCHASER”) (the “Agreement”).
The parties hereto desire to amend, modify, and change the Agreement as follows:
| 1. |
In paragraph 5( c ) of the Agreement, the Purchaser will
receive the production equipment in good working condition with warranty
for the period of six months from the Completion Date; in the event of any
problem except normal wear and tear, Vendor will be responsible for fixing
it. The clause is revised as follows: |
| “5 ( c ) from and after the date of this Sale &
Purchase Agreement , the Vendor will carry on its business within the Building
in the ordinary course, and will cause the Equipment to be properly kept,
repaired, maintained and insured at the Vendor’s cost and expense so
that on the Completion Date, the Purchaser will acquire the Building in
substantially the same condition and state of repair as of the date of this
Sale & Purchase Agreement and the Purchaser will acquire the production
equipment in good working condition for the period of 6 months upon the
Completion Date (the “warranty period”); in the event of any problem
except normal wear and tear within the warranty period, the Vendor will
be fully responsible to fix for the Purchaser.” |
|
| 2. | In paragraph 22 of the Agreement, the prices and sizes of Avani Bottled Water are revised. The amended clause is as follows: “22. PRICES OF AVANI BOTTLED WATER Before the completion of the payment of the last installment, the Purchaser
agrees to buy Avani Bottled Water in the following prices: |
| Size | CIF Port Kelang, Malaysia | ||
| 355ml | US$0.263/Bottle | ||
| 1.5L | US$0.88/Bottle” |
Inclusive of the amendments, modifications, and changes stated herein, the parties do hereby confirm that the Agreement is binding and in full force and effect.
IN WITNESS WHEREOF, the parties have caused this Amendment to be effective as of February 20, 2003.
| Signed, Sealed and Delivered by | |
| AVANI INTERNATIONAL GROUP INC. | |
| in the presence of: | AVANI INTERNATIONAL GROUP INC. |
| /s/ Xxxxxxx Xxx | Per: /s/Xxx Xxxx Xxx |
| Witness | |
| #000-00 Xxxxxxx Xxxx, Xxxxxxxxx, | |
| X.X. X0X 0X0 Xxxxxx | |
| Address | |
| Signed, Sealed and Delivered by | |
| AVANI OXYGEN WATER CORPORATION | |
| in the presence of: | AVANI OXYGEN WATER CORPORATION. |
| _______________________ | Per: /s/ Chin Xxx Xxx |
| Witness | |
| Ground 1st Fl., Bangunan BKA, | |
| Xxx 00, Xxxxx Xxxxxx X0/00, | |
| Xxxxxxx X0, 00000 Xxxx Xxxx, | |
| Xxxxxxxx Xxxxx Xxxxx, Xxxxxxxx | |
| Address | |
| Signed, Sealed and Delivered by | |
| AVANI O2 WATER SDN. BHD. | |
| in the presence of: | AVANI O2 WATER SDN. BHD. |
| _______________________ | Per: ____________________ |
| Witness | |
| _______________________ | |
| Address |
