AMENDMENT TO SHARE PURCHASE AGREEMENT
THIS AGREEMENT made as of the 19th day of September, 0000,
X X X X X X X:
CONDOR GOLD CORP. a corporation incorporated pursuant to the
laws of the Province of Ontario
(hereinafter referred to as the "Company"),
OF THE FIRST PART,
- and -
XXXXX X. XXXXXXXX, an individual residing in the Province of
Ontario
(hereinafter referred to as "Vendor"),
OF THE SECOND PART.
WHEREAS the Company and the Vendor are among the parties to a share purchase
agreement dated as of September 5, 2003 (the "Share Purchase Agreement")
pursuant to which the Vendor has agreed to transfer to the Company shares in the
capital stock of VHS Network Inc. ("VHS");
AND WHEREAS the said Share Purchase Agreement provides, inter alia, that the
consideration to be paid by the Company to the Vendor for the shares transferred
by the Vendor to the Company shall consist of a cash component and an aggregate
of 1,050,000 common shares in the capital stock of the Company (the "Purchased
Shares");
AND WHEREAS the Vendor and the Company have agreed to amend the Share Purchase
Agreement so as to provide that the consideration paid to the Vendor by the
Company shall consist of a cash component and an aggregate of 1,200,000
Purchased Shares;
NOW THEREFORE THIS AGREEMENT WITNESSETH THAT for and in consideration of the
mutual promises and agreements hereinafter contained, the sum of CDN $2.00 now
paid by each party to the other and other good and valuable consideration (the
receipt and sufficiency of which is hereby irrevocably acknowledged), the
parties hereto hereby agree as follows:
1. Share Purchase Agreement is hereby amended such that the consideration
paid by the Company to the Vendor in consideration of the shares of VHS
transferred to the Company by the Vendor shall consist of a cash
component and an aggregate of 1,200,000 Purchased Shares.
2. The balance of the terms of the Share Purchase Agreement shall remain
unchanged.
1
3. This Agreement shall be governed by and construed in accordance with
the laws of the Province of Ontario and the laws of Canada applicable
therein and the parties hereby irrevocably attorn to the jurisdiction
of the courts of the Province of Ontario.
4. This Agreement may be executed by the parties hereto in separate
counterparts or duplicates each of which when so executed and delivered
shall be an original, but all such counterparts or duplicates shall
together constitute one and the same instrument.
5. This Agreement shall be binding upon and shall enure to the benefit of
the parties hereto and their respective heirs, executors,
administrators, successors, assigns and legal representatives. This
Agreement may not be assigned without the prior written consent of the
parties, which consent may be unreasonably withheld.
IN WITNESS WHEREOF the parties have executed this Agreement as of the
date first above written. CONDOR GOLD CORP.
Per: /s/ Xxxx Xxxxxxx
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Xxxx Xxxxxxx
I have authority to bind the corporation
/s/ Xxxxx X. Xxxxxxxx
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Witness Xxxxx X. Xxxxxxxx
