Exhibit 2.3
SeTech, Inc.
000 Xxxxxxxxxx Xxxxx
Xxxxxxxxxxxx, Xxxxxxxxx 00000-0000
000-000-0000
January 29, 1997
Xx. Xxxxxx X. Xxxxxxxxxx
Serco Group, Inc.
00 X. Xxxxxxxxx Xxxx
Xxxxxxxxx, XX 00000
Re: Setech, Inc./Serco, Inc.
This letter agreement shall confirm that in connection with its
sale of the stock of Xxxxxx ATC, Inc. and Xxxxxx ATC International,
Inc. to Serco Group, Inc., Setech, Inc. agrees to pay one-half
(1/2) of the monthly lease payment in connection with the Lease
Agreement dated December 15, 1986, by and between RMA Enterprises
and Xxxxxx ATC, Inc. for the premises commonly known as 000 Xxxx
Xxxx Xxxxxx, Xxxxxxxxxxxx, Xxxxxxxxx, 00000. A true and correct
copy of said Lease Agreement is included in Section 3.16(a) to the
Schedule of the Stock Purchase Agreement between Setech, Inc. and
Serco Group, Inc. executed November 7, 1996. Setech, Inc. shall
continue to pay one-half of the monthly lease payment until such
time as the Lease Agreement has expired or is terminated.
Serco Group, Inc. shall assume responsibility for any and all
communication and/or dealings with the Landlord in connection with
said Lease.
By this letter and pursuant to Section 16 of the Stock Purchase
Agreement dated November 7, 1996, SeTech and Serco Group, Inc.
agree to amend the Agreement, as described above.
Please acknowledge your agreement to the foregoing by signing
this letter in the space provided below.
Sincerely yours,
SETECH, INC.
Xxxxxx X. Xxxxxxxx
Accepted: SERCO GROUP, INC.
By: _________________________
