ADDENDUM #1 TO SEPTEMBER 28, 2000 AGREEMENT
This Addendum #1, ("Addendum #1) is made effective as of October 31, 2000 and
shall constitute written agreement amending the September 28, 2000 Stock
Purchase Agreement ("9/28/00 SPA") by and between Origin Investment Group, Inc.,
a Maryland corporation, with its principal place offices at 0000 00xx Xxxxxx,
Xxxxx Xxxxx, Xxxxx Xxxxxx, Xxxxxxxxxx, 00000 (formerly 000 Xxxxx Xxxxxxxx
Xxxxxx, Xxxxx 0000, Xxxxxxx, Xxxxxxxx, 00000 ("Buyer"), Xx. Xxxx X. Xxxxx and
Xxx. Xxxxx X. Xxxxx as Trustees to the Xxxxx Family Trust dated 7/12/00,
residents of the State of California, City of Long Beach (The Xxxxx Family
Trust, and Xx. Xxxx X. Xxxxx and Xxx. Xxxxx X. Xxxxx acting in the capacity as
Trustees to the Xxxxx Family Trust, collectively referred to herein as
"Sellers"). This Addendum #1 amends the 9/28/00 as follows:
1. Buyer and Sellers agree to extend the due date of Sellers obligation to
produce the Disclosure Letter as defined on Page 2 of the 9/28/00 SPA to the
close of business on November 2, 2000;
2. Buyer and Sellers agree to amend Section 9.1(e) of the 9/28/00 SPA to read as
follows:
9.1 (e) by either Buyer or Sellers if the Closing has not occurred
(other than through the failure of any party seeking to
terminate this Agreement to comply fully with its obligations
under this Agreement) on or before November 15, 2000, or such
later date as the parties may agree upon.
IN WITNESS WHEREOF, the parties have executed and delivered this Agreement as of
the date first written above.
Buyer: Sellers:
/s/ Xxxx X. Xxxxx /s/ Xxxx X. Xxxxx
By: __________________________ _____________________________
Xxxx Xxxxx, Chairman and President Xx. Xxxx X. Xxxxx
Trustee to Xxxxx Family Trust
/s/ Xxxxx X. Xxxxx
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Xxx. Xxxxx X. Xxxxx
Trustee to Xxxxx Family Trust
