AMENDMENT TO PURCHASE AGREEMENT
AMENDMENT
TO PURCHASE AGREEMENT
This
Amendment to Purchase Agreement entered into as of February 12, 2009 by and
between BLUE EARTH SOLUTIONS TENNESSEE Inc., a Tennessee corporation
("Purchaser") and THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA, A New York
corporation, successor by merger to Berkshire Life Insurance Company, a
Massachusetts corporation ("Seller");
WITNESSETH:
WHEREAS, Seller and Purchaser
entered into that certain Purchase and Sale Agreement, effectively dated January
8, 2009 (the "Contract"); and
WHEREAS, Purchaser and Seller
desire to continue with the Contract subject to the changes thereto hereinafter
set forth;
NOW, THEREFORE, for and in
consideration of the premises hereof and of other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged,
Purchaser and Seller do hereby covenant, stipulate and agree as
follows:
1.
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Closing
Date : Seller and Purchaser agree and recognize that the Closing
date for this transaction shall be on or before March 31,
2009.
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2.
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All
other terms and conditions as set forth in the Agreement shall remain in
full force and effect.
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3.
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This
Amendment may be executed in multiple counterparts, each of which shall be
deemed an original.
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4.
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The
Agreement, as modified herein, is hereby ratified and confirmed by the
parties as binding upon each of them and enforceable against them in
accordance with its terms and
conditions.
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IN
WITNESS WHEREOF, the parties have executed this Amendment to Purchase and Sale
Agreement as of the dates set forth below their respective
signatures.
PURCHASER:
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BLUE
EARTH SOLUTIONS TENNESSEE INC.,
a
Tennessee corporation
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By:
/s/ Xxxxx Xxxxx
Jr.
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Name:
Xxxxx Xxxxx Jr.
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Title:
Vice President
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SELLER:
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THE
GUARDIAN LIFE INSURANCE COMPANY OF AMERICA, a New York corporation,
successor by merger to Berkshire Life Insurance Company, a Massachusetts
corporation
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By:
/s/ Xxxxxx
XxXxxxxx
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Name
Xxxxxx XxXxxxxx
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Title:
Sr. Director
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