FIRST AMENDMENT TO ASSET PURCHASE AGREEMENT
THIS FIRST AMENDMENT, dated as of the __ day of August, 2004, is hereby
made to the Asset Purchase Agreement (the "Asset Purchase Agreement") made the
21st day of June, 2004, by and between Global Axcess Corp., a Nevada corporation
("Buyer"), Family Heritage Estate Portfolio, Inc., a Pennsylvania corporation
("FHEP" or "Seller"), Xxxxxxx X. Xxxxxxxx ("Xxxxxxxx"), Xxxxx X. Xxxxxx
("Xxxxxx") and Xxxxx Xxxxxxx ("Xxxxxxx"). Buyer and FHEP are sometimes referred
to individually as "party" and collectively as "parties."
BACKGROUND
FHEP and Buyer have agreed to amend certain termination provisions in the
Asset Purchase Agreement referring to August 31, 2004.
NOW, THEREFORE, in consideration of the mutual covenants contained herein
and therein, and intending to be legally bound hereby, the parties hereto
covenant and agree as follows:
1. The last proviso of Section 3.1 of the Asset Purchase Agreement is
hereby amended to replace the date "August 31, 2004" with the date "September
30, 2004."
2. Subsection 8.1(a) of the Asset Purchase Agreement is hereby amended to
replace the date "August 31, 2004" with the date "September 30, 2004."
3. Subsection 8.1(b) of the Asset Purchase Agreement is hereby amended to
replace the date "August 31, 2004" with the date "September 30, 2004."
IN WITNESS WHEREOF, the parties hereto have executed this First Amendment
to the Asset Purchase Agreement the day and year first above written.
FAMILY HERITAGE ESTATE PORTFOLIO, INC.
By: INGLEWOOD ASSOCIATES, INC.
By: ________________________________
Name: Xxxx X. Xxxxxx
Title: President
GLOBAL AXCESS CORP.
By: ________________________________
Name: Xxxxxxx X. Xxxxx
Title: Chief Executive Officer
