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Modification of Stock Purchase Agreement
Modification of Stock Purchase Agreement
This Agreement (hereinafter referred to as the Agreement) is
among The Phoenix Group Corporation, a Delaware corporation
(hereinafter referred to PXGP), and Xx. Xxxxxx X. Xxxxxx, III and
Mr. Xxx Xxxxxxxx, Jr., both residents of the State of Texas
(hereinafter referred to collectively as Sellers), as of May 28,
A.D. 2002 (all entities and persons may be referred to
collectively as the Parties).
Recitals
WHEREAS, the Parties entered into a Stock Purchase Agreement
(hereinafter referred to as the Contract) on or about May 9, A.D.
2002 regarding the sale and purchase of the stock of Homecare
Dimensions, Inc., a Texas Corporation (hereinafter referred to as
Homecare);
WHEREAS, the Parties now intend and desire to modify and
amend the Contract; and,
WHEREAS, the Parties intend that this Agreement comply with
the provisions of paragraph 5.1 of the Contract, and be
considered a part of the Contract.
Covenants
NOW THEREFORE, for and in consideration of the mutual
promises contained in this Agreement, and other good and valuable
consideration, the receipt and sufficiency of which is hereby
acknowledged by the Parties, the Parties agree and contract as
follows:
1. All schedules that are referenced in the Stock Purchase
Agreement that were not attached to the Stock Purchase Agreement
shall be delivered by Sellers to Buyers on or before July 9, A.D.
2002, and such schedules shall be deemed a part of the Stock
Purchase Agreement for all purposes.
2. The last sentence of paragraph number 3.18 left the number
of employees blank, and the number of employees shall be stated
therein as .
3. This Agreement shall be interpreted and construed as a part
of the Contract, specifically including that all of the defined
terms in the Contract shall have the same meaning as in this
Agreement, unless such terms are specifically redefined in this
Agreement.
SIGNED on this the ____ day of May, A.D. 2002.
The Phoenix Group Corporation Xxx Xxxxxxxx, Jr.
____________________________________
______________________________
______
By Xxx Xxxx in his capacity as Chairman Xxx Xxxxxxxx, Jr.,
in his individual and
representative capacity as
director of Homecare
Dimensions, Inc.
Xx. Xxxxxx X. Xxxxxx, III
____________________________________
Xx. Xxxxxx X. Xxxxxx, III, in his individual and
representative capacity as director of Homecare Dimensions, Inc.