EXHIBIT 2.2
FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT
THIS FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT (this "Amendment"), is
made and entered into this 12th day of October, 2004, to be effective as of July
20, 2004, by and between BPK RESOURCES, INC. a Nevada corporation (the
"Company"), and BP PREFERRED ACQUISITION, LLC, a Delaware limited liability
company (the "BP Acquisition"), for the purpose of amending the Purchase and
Sale Agreement (the "Agreement") dated July 20, 2004, by and between the Company
and BP Acquisition. Capitalized terms used and not otherwise defined herein
shall have the meanings ascribed to such terms in the Merger Agreement.
Recitals
WHEREAS, the parties hereto desire to amend the Agreement to reflect the
intent of the parties thereto by including an additional asset of the Company to
be sold to BP Acquisition pursuant to the Agreement.
NOW, THEREFORE, in consideration of the foregoing premises and
representations, warranties, covenants and agreements contained herein, and for
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, and intending to be legally bound hereby, the parties
hereto hereby agree as follows:
1 Section 1.1(a) of the Agreement is hereby amended to include an
additional subsection (viii) which shall provided in its entirety as follows:
"(viii) One hundred percent (100%) of the Company's ownership
interest in that certain promissory note in the principal amount of
$224,000 issued by CSR-Hackberry Partners, LP and payable to the Company
(the "Hackberry Note"); and"
2. Section 2.2(a)(ii) of the Agreement is hereby amended to include an
additional subsection (I) which shall provided in its entirety as follows:
"(I) The Hackberry Note duly endorsed for transfer; and"
3. Except as expressly provided herein, the Agreement shall remain in full
force and effect.
4. This Amendment may be executed in counterpart, each of which shall be
deemed to be an original and both of which together shall constitute one and the
same agreement.
5. This Amendment shall be governed by and construed in accordance with
the laws of the Commonwealth of Pennsylvania, without regard to the laws that
might otherwise govern under applicable principles of conflicts of laws thereof.
IN WITNESS WHEREOF, the Company and BP Acquisition have caused this
Amendment to be signed by their respective officers hereunto duly authorized,
all as of the date first written above.
BPK RESOURCES, INC.
By: /s/ Xxxxxxxxxxx X. Xxxxxxxx
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Name: Xxxxxxxxxxx X. Xxxxxxxx
Title: CEO
BP PREFERRED ACQUISITION, LLC
By: FEQ Gas, LLC, its Manager
By: FEQ Investments, Inc., its Manager
By: /s/ Xxxxxx X. Xxxxxxxx
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Name: Xxxxxx X. Xxxxxxxx
Title: President
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