EXHIBIT 2.2
AMENDMENT TO AGREEMENT
___OF PURCHASE AND SALE__
The undersigned hereby agree that that certain Agreement of Purchase and
Sale ("Purchase Agreement") dated as of November 17, 1997 between Foresite
Capital Facilities Corporation ("Foresite") and Xxxxxx Economic Development
Authority ("HEDA") is hereby amended as follows:
1. Section 2.3 of the Purchase Agreement is hereby amended to provide that
within five (5) business days from the date hereof, the Demand Note (as defined
in the Purchase Agreement) shall be replaced with a new promissory note in such
increased amount as shall be necessary to cover HEDA's direct, actual,
out-of-pocket costs, not to exceed Two Hundred Fifty Thousand and 00/100 Dollars
($250,000), should the "Closing" not take place under the Purchase Agreement and
HEDA thereupon is entitled to draw on the Demand Note in accordance with the
terms of the Purchase Agreement.
2. The outside date for the Closing under the Purchase Agreement shall be
extended to the later of (i) January 30, 1998, or (ii) the date all necessary
consents and approvals are secured and in place and HEDA has delivered all items
required under the terms of the Purchase Agreement.
As modified herein, the provisions of the Purchase Agreement remains in
full force and effect.
IN WITNESS WHEREOF, the undersigned have caused this Amendment to be
executed in their names by their respective duly authorized representatives.
FORESITE CAPITAL FACILITIES CORNELL CORRECTIONS, INC.
CORPORATION
By: /s/ XXXXXX XXXXXXX By: /s/ XXXXXX X. XXXXX
Name: Xxxxxx Xxxxxxx Name: Xxxxxx X. Xxxxx
Title:President Title:Senior Vice President, CFO
XXXXXX ECONOMIC DEVELOPMENT
AUTHORITY
CORPORATION
By: /s/ XXXXX XXXXXXXX
Name: Xxxxx XxXxxxxx
Title:Chairman
