Exhibit 10.2
AMENDMENT NO. 1
TO THE
ASSET PURCHASE AGREEMENT
THIS AMENDMENT NO. 1 TO THE ASSET PURCHASE AGREEMENT (the "Amendment")
is made and entered into to be effective as of December 31, 2005, by and between
Xxx Xxxx ("Seller") and World Trophy Outfitters, Inc., a Nevada corporation
("Buyer").
R E C I T A L S
A. The parties entered into an agreement captioned "Asset Purchase
Agreement" (the "Asset Purchase Agreement") on the 19th day of January 2005. All
capitalized terms not otherwise defined herein shall have the same meaning as
set forth in the Asset Purchase Agreement.
B. The parties desire to amend the Asset Purchase Agreement to reflect
an extension of the final payment date.
NOW, THEREFORE, the parties hereto hereby amend the Asset Purchase
Agreement as follows:
1. Section 3 of the Asset Purchase Agreement is hereby amended to read
in its entirety as follows:
3. Payment. On the date hereof, Buyer shall pay to Seller, in cash, the
amount of TEN THOUSAND DOLLARS ($10,000) (the "Initial Payment") on or before
June 30, 2005. Buyer shall pay seller the remaining ONE HUNDRED TWENTY-THREE
THOUSAND DOLLARS ($123,000) on or before January 31, 2007.
2. The Asset Purchase Agreement shall remain in full force and effect
and shall remain unaltered, except to the extent specifically amended herein.
3. This Amendment may be signed in several counterparts, through the
use of multiple signature pages appended to each original, and all such
counterparts shall constitute one and the same instrument. Any counterpart to
which is attached the signatures of all parties shall constitute an original of
this Amendment.
IN WITNESS WHEREOF, each of the parties hereto has caused this
Agreement to be executed on their behalf as of the date first written above.
WORLD TROPHY OUTFITTERS, INC. "SELLER"
By /s/ Xxx Xxxx /s/ Xxx Xxxx
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Xxx Xxxx, President Xxx Xxxx
