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EXHIBIT 10.11
SECOND AMENDMENT TO
AGREEMENT TO PURCHASE SALVAGEABLE PROPERTY
THIS SECOND AMENDMENT TO AGREEMENT TO PURCHASE SALVAGEABLE PROPERTY
("Amendment") is made and entered into effective this 1st day of January, 2000,
by and among THRIFT SHOPS OF SOUTH BROWARD, INC., a Florida corporation, d/b/a/
THE COMMUNITY THRIFT SHOP ("South Broward"), THRIFT SHOPS OF WEST DADE, INC., a
Florida corporation ("West Dade"),THRIFT RETAIL, INC., a Florida corporation
("Retail") and MISSING CHILDREN AWARENESS FOUNDATION, INC., a Florida
not-for-profit corporation ("Charity").
WITNESSETH:
WHEREAS, South Broward, West Dade and Charity are parties to that certain
Agreement to Purchase Salvageable Property dated December 1, 1993, as amended
effective January 1, 1996 ("Agreement"), pursuant to which South Broward and
West Dade Agreed to purchase items of salvageable personal property from
Charities; and
WHEREAS, Retail operates a facility in Orlando ("Retail/Orlando"), and
Retail/Orlando desires to also purchase property from Charity, and Charity
desires to also sell property to Retail/Orlando; and
WHEREAS, the parties have agreed to amend the Agreement as ore fully
provided herein, and to provide for Retail/Orlando to be a purchaser of items of
tangible personal property from Charity.
NOW THEREFORE, in consideration of the agreement and mutual covenants
set for the herein, and for other good and valuable consideration, the receipt
and sufficiency of which is hereby acknowledged, the parties hereto, intending
to be legally bound, hereby agree as follows:
1. Except as otherwise provided herein, all defined terms shall have
the meaning set for the in the Agreement.
2. Wheresovever the term "Purchaser" shall be used in the Agreement,
such terms shall be defined to include all of South Broward, West Dade and
Retail/Orlando. South Broward, West Dade and Retail/Orlando shall be separately
liable for their respective purchases pursuant to the Agreement. South Broward,
West Dade and Retail/ Orlando shall determine the proportion in which they shall
purchase the Property from the Charity. For purposes of the foregoing, the
obligation of Retail shall be limited to Retail/Orlando.
3. In the event of any inconsistencies between this Amendment and the
Agreement, the terms of this Amendment shall control. As hereby amended, the
Agreement is hereby ratified and confirmed.
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IN WITNESS WHEREOF, the parties hereto have executed this Amendment
effective on the date first above-written.
Signed, sealed and delivered THRIFT SHOPS OF SOUTH BROWARD INC., a
in the presence of: Florida corporation, d/b/a THE
COMMUNITY THRIFT SHOP
/s/ Xxxxx Xxxxxxxx /s/ Xxxx Xxxxxxx
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/s/ Xxxx Xxxxx
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THRIFT SHOPS OF WEST DADE, INC.,
a Florida corporation
/s/ Xxxxx Xxxxxxxx /s/ Xxxx Xxxxxxx
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/s/ Xxxx Xxxxx
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THRIFT RETAIL, INC., a Florida
corporation
/s/ Xxxxx Xxxxxxxx /s/ Xxxx Xxxxxxx
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/s/ Xxxx Xxxxx
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MISSING CHILDREN AWARENESS FOUNDATION,
INC., a Florida not-for-profit
corporation
/s/ Xxxx Xxxxxxxxxx /s/ Xxxx Xxxxxx
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/s/ Illegible
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