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Exhibit 10.12
AMENDMENT TO CONTRACT FOR PURCHASE AND SALE
This Amendment to Contract For Purchase and Sale ("Amendment") is made and
entered into effective as of July 3, 1997, by and EYE CARE CENTERS OF AMERICA,
INC., a Texas corporation ("Seller") and JDB REAL PROPERTIES, INC., a Texas
corporation ("Purchaser").
WHEREAS, Seller and Purchaser previously entered into that certain
Contract for Purchase and Sale ("Contract"), with an effective date of June 3,
1997, with respect to certain property as more particularly described therein
and on Exhibit "A" attached hereto, and
WHEREAS, Seller and Purchaser have agreed to amend the Contract according
to the terms and conditions set forth herein.
NOW, THEREFORE, for and in consideration of the above recitals, and the
mutual covenants and agreements contained herein, and for other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, Seller and Purchaser hereby amend the Contract as follows:
1. The Purchaser's Inspection Period (defined in Section 7.3 - page 6
of the Contract) has been extended to expire on July 10, 1997.
2. The Closing Date (defined in Section 12.1 - page 10 of the Contract)
shall remain September 1, 1997.
Except as expressly amended by the terms of this Amendment, all of the
terms and conditions of the Contract shall be, remain and continue in full force
and effect as set forth in the Contract.
This Amendment may be executed in one or more counterparts, each of which
shall have the force and effect of an original, and all of which shall
constitute but one document.
EXECUTED to be effective as of the date first written above.
SELLER:
JDB REAL PROPERTIES, INC., a Texas corporation
By:
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Xxxx X. Xxxxxxxxx, President
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PURCHASER:
EYE CARE CENTERS OF AMERICA, INC.,
a Texas corporation
By: /s/ Xxxx Xxxxxxx
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Name: Xxxx Xxxxxxx
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Title: CFO
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Receipt of this Amendment is hereby acknowledged this 3rd day of July, 1997.
CHICAGO TITLE INSURANCE COMPANY
By:
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Title:
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EXHIBIT "A"
LAND DESCRIPTION
An approximately 68,434 net rentable square foot office building located at
000000 Xxxx Xxxxxx, Xxx Xxxxxxx, Xxxxx legally described as Xxx 00, Xxxxx 00,
XXX 00000 Xxx Xxxxxxx, Xxxxx Xxxxxx, Xxxxx