EXHIBIT 4.2
PRUDENTIAL TOWN & COUNTRY REALTY, INC.
0000 XXXXXXX 000, XXXXX 000
XXXXXXXXXX, XX 00000
PHONE: (000) 000-0000, FAX: (000) 000-0000
THIS FORM HAS IMPORTANT LEGAL CONSEQUENCES AND THE PARTIES SHOULD CONSULT LEGAL
AND TAX OR OTHER COUNSEL BEFORE SIGNING
AGREEMENT TO AMEND/EXTEND CONTRACT
December 24, 1998
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RE: Contract dated May 29, 1998 between
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The North Face, Inc. and/or assigns,
(Buyer) and
Xxxxxx Xxxxxxxxxx
Xxxxx X. Xxxxxx
Xxxxxxx X. Xxxxxxx
Xxxxx X. Xxxxxxxxx
(Seller),
relating to the sale and purchase of the following described real estate in the
County of Garfield, Colorado:
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the Xxxxx Ranch consisting of 36.55 acres and more definitively described on
Exhibit A.1, and A.2, attached hereto, also
Known as No. XXX Xxxxxxx 000 Xxxxxxxxxx XX 00000 (Property)
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Street Address City State Zip
Buyer and Seller hereby agree to amend the aforesaid contract as follows:
1. The date for closing and delivery of deed is changed to Wed. January 06,
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1999.
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2. The date for furnishing commitment for title insurance policy or abstract
of title is changed to n/a, 19n/a .
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3. The date for delivering possession of Property is changed to Wed.
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January 06, 1999.
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4. The date for approval of new loan is changed to n/a, 19n/a.
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5. The date for lender's consent to loan assumption or transfer of Property
is changed to n/a, 19n/a.
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6. Other dates set forth in said contract shall be changed as follows:
Refer to 7. below.
7. Additional amendments: (The language of these additional amendments has
not been approved by the Colorado Real Estate Commission).
Paragraph 3. of the First Amendment to Purchase Agreement shall be amended to
allow the Buyer an additional (31) thirty-one days in which to make its
registration statement effective and its shares freely tradeable. In the
event Buyer's registration statement is not yet effective and its shares not
yet freely tradeable on the dates set forth below:
Monday February 15, 1999;
Monday February 22, 1999;
Monday March 01, 1999; and,
Monday March 08, 1999,
then Buyer agrees to pay additional consideration of $5,000.00 for the delay
of the effectiveness of the registration statement and the passage of each
above date. Any such payments shall be in addition to the Purchase Price and
due and payable on the earlier of the effective date of the registration
statement or March 08, 1999.
All other terms and conditions of said contract shall remain the same.
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SELLER_______________________________________________ DATE 12/24/98
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Xxxxxx Xxxxxxxxxx
SELLER_______________________________________________ DATE 12/27/98
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Xxxxx X. Xxxxxx
SELLER_______________________________________________ DATE 12/27/98
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Xxxxxxx X. Xxxxxxx
SELLER_______________________________________________ DATE 12/27/98
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Xxxxx X. Xxxxxxxxx
The North Face, Inc., and/or assigns,
BUYER________________________________________________ DATE 12/24/98
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By: Xxxx Xxxxxxxx
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