FIRST AMENDMENT TO AGREEMENT FOR THE PURCHASE OF COMMON STOCK
Exhibit 99.2
FIRST AMENDMENT
TO
AGREEMENT FOR THE PURCHASE OF COMMON STOCK
THIS FIRST AMENDMENT dated as of February 13, 2008 (the “Amendment”) to the COMMON STOCK PURCHASE AGREEMENT dated as of December 18, 2007 (the “Agreement”) by and among Xxxxxx Xxxxxxx (“Xxxxxxx”), who is President of Kabe Exploration Inc. (the “Company”), Xxxx Xxxx (“Xxxx”) (Claydon and Xxxx are collectively referred to as the “Sellers”), and Xxxx Xxxxxxx (“Purchaser”)
In consideration of the mutual promises, covenants, and representations contained herein, THE PARTIES HERETO AGREE AS FOLLOWS:
WITNESSETH:
WHEREAS, the Parties entered into the Agreement for the sale of 1,750,000 shares of Kabe Exploration Inc., and the Parties wish to extend the closing date for such transaction,
NOW THEREFORE, in consideration of the mutual promises, covenants and representations contained herein, the parties herewith agree as follows:
1. Paragraph 1.03 of the Agreement is hereby amended by deleting the first sentence in its entirety and replacing it with “It is agreed that the entire balance of the amount due to the Sellers, will be wire transferred to the Escrow Account on or before January 15, 2008, and that the Closing will take place when all of the documents and consideration described in Paragraphs 2.13 and in Paragraph 3.02 have been delivered.
2. Paragraph 3.01 of the Agreement is hereby amended by deleting the second sentence in its entirety.
In witness whereof, this Amendment has been duly executed by the parties hereto as of the date first above written.
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Xxxxxx Xxxxxxx - Seller |
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/s/ Xxxxxx Xxxxxxx |
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Xxxx Xxxx - Seller |
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/s/ Xxxx Xxxx |
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Xxxx Xxxxxxx - Purchaser |
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/s/ Xxxx Xxxxxxx |