EXHIBIT 10 (e)
AGREEMENT
January 5, 1996
Reference is made to that certain Surviving Stockholders Agreement (the
"Surviving Stockholders Agreement") dated April 12, 1995 by and among Quantic
Industries, Inc. (the "Company"), Xxxxx X. Xxxxxxxxxx ("Xxxxxxxxxx"), Xxxxxxx
X. Xxxxx, Xx., individually and as trustee ("Xxxxx"), Energy Absorption
Systems, Inc. ("Energy"), and certain other parties. The parties hereto
hereby agree that the Surviving Stockholders Agreement is modified as
follows:
1. The date appearing in Section 5(a) of the Surviving Stockholders
Agreement is hereby changed from January 6, 1996 to February 29, 1996.
2. The date appearing in Section 5(b) of the Surviving Stockholders
Agreement is hereby changed from January 6, 1996 to February 29, 1996.
3. The date appearing in Section 6(b) of the Surviving Stockholders
Agreement is hereby changed from January 6, 1996 to February 29, 1996.
4. The date appearing in the first paragraph of Section 7 of the
Surviving Stockholders Agreement is hereby changed from January 6, 1996 to
February 29, 1996.
Agreed to and accepted as of the date first written above.
Quantic Industries, Inc.
By:/s/ Xxxxx X. Xxxxxxxxxx /s/ Xxxxx X. Xxxxxxxxxx
-------------------------------- ----------------------------
Its: Chairman Xxxxx X. Xxxxxxxxxx
--------------------------------
/s/ Xxxxxxx X. Xxxxx, Xx.
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Energy Absorption Systems, Inc. Xxxxxxx X. Xxxxx, Xx.,
individually and as Trustee of
By:/s/ Xxxxxx X. Xxxxxxxx, Xx. Xxxxxxx X. Xxxxx, Xx. 0000
-------------------------------- Trust Agreement dated 1/27/90
Its: Chairman
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