EXHIBIT 10 (e)
Letter dated January 7, 1999
Law Offices
KATZ, KARACIC, XXXXXX & XXXXX, P.C.
Suite 3001
000 Xxxxx XxXxxxx Xxxxxx
Xxxxxxx, Xxxxxxxx 00000
(000) 000-0000
Fax (000) 000-0000
January 7, 1999
Xx. Xxxxxx Xxxxxxxxxx, President
Pacific Aero Manufacturing, Inc.
00000 Xxxxxx Xxxxxx
Xxxxxx, Xxxxxxxx 00000
Re: 00000 Xxxxxx Xxxxxx, Xxxxxx, Xxxxxxxx
Our File Number: 15447
Dear Xx. Xxxxxxxxxx:
This letter is to confirm our agreement to amend that certain Commercial
Contract to Buy and Sell Real Estate dated June 1, 1998 by and between Pacific
Aero Manufacturing, Inc. and Stevia Company, Inc. (The "Contract") as follows:
1. The date of closing shall be January 29, 1999, or by mutual agreement
at an earlier date. The hour and place of closing shall be determined by the
mutual agreement of the parties.
2. Section 1 of the Rider to the Contract shall be amended to indicate
that the remaining proportion of the purchase price to be paid at closing will
be $460,000, rather than $450,000.
3. In addition to the $15,000 of xxxxxxx money delivered under the terms
of the Contract, Xxxxx hereby agrees that the xxxxxxx money shall include the
security deposit delivered to the Seller under the terms of that certain Lease
Agreement dated September 1, 1993 by and between the Buyer and Seller.
4. This amendment is contingent upon Xxxxx delivering an executed copy
of this amendment and the increased rent payment as provided in Section 7 of
the Rider to the above-referenced Agreement on or before January 11, 1998.
5. In all other respects, the above-referenced contract shall remain in
full force and effect.
Xx. Xxxxxx Xxxxxxxxxx, President
January 7, 1999
Page 2
If this extension meets with your approval, please so indicate by
executing a copy of this letter and returning it to the undersigned at your
earliest convenience, but in no event later than January 11, 1999.
Sincerely,
XXXX, XXXXXXX, XXXXXX & XXXXX, P.C.
/s/ XXXXXX X. XXXXX /s/
--------------------------------------------
Xxxxxx X. Xxxxx on behalf of Stevia
Company, Inc. and as Receiver
ACCEPTED:
Pacific Aero Manufacturing, Inc.
/s/ XXXXXX XXXXXXXXXX /s/
By: ------------------------------------
Xxxxxx Xxxxxxxxxx, President
E-1
