EXHIBIT 10.18
ADDENDUM
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TO
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VIRTUAL REALTY NETWORK, INC.
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SERIES A PREFERRED STOCK
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PURCHASE AGREEMENT
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Dated May 19, 1995
THIS ADDENDUM to the Series A Preferred Stock Purchase Agreement, dated May 19,
1995, is hereby entered into by Virtual Realty Network, Inc. and American Growth
Fund I, ("American Growth") a California Limited Partnership, by American Growth
Capital Corporation, Managing General Partner, with offices at 00000 Xxxxxxx
Xxxxxx, Xxx. 0, Xxxxxxxx Xxxxxx, Xxxxxxxxxx 00000, and the parties hereto agree
as follows:
1. American Growth desires to purchase 250,000 Series A Preferred Stock.
American Growth has received a copy of the Purchase Agreement, the Rights
Agreement (Exhibit E) and the Co-Sale and Right of First Refusal Agreement
(Exhibit F), including all of the Exhibits A-J thereto. American Growth has
read, understands and agrees to be bound by and purchase the Series A Preferred
Stock under the terms and conditions of those agreements, including those
exceptions to the Agreement (Exhibit C, attached thereto).
2. Virtual Realty agrees to sell 250,000 Shares under the terms and
conditions stated in the Series A Preferred Stock Purchase Agreement, dated May
19, 1995, to American Growth, which shall be evidenced by one share certificate
in that amount.
3. It is understood that all terms and conditions for the original
investment dated March 21, 1995, and the Amendment, dated March 31, 1995, remain
in place and are not superseded by this additional investment.
IN WITNESS THEREOF, the parties have executed this Addendum to the Series A
Preferred Agreement Purchase Agreement, dated May 19, 1995, this 14th day of
June, 1995.
VIRTUAL REALTY NETWORK, INC. AMERICAN GROWTH FUND I,
0000 XxxXxxxxx Xxxx., Xxx. 000 a California limited partnership
Xxxxxxx Xxxxx, XX 00000 By: American Growth Capital
Corp., Managing General Partner
By: /s/ Xxxxxxx X. Xxxxxx By: /s/ Xxxxx Xxxxxx
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XXXXXXX X. XXXXXX, Pres. XXXXX XXXXXX, President
