EXHIBIT 2.6
SUBSEQUENT EXTENSION AGREEMENT
This Subsequent Extension Agreement (this "Agreement"), dated as of May
25, 2004, is entered into by and among DIRT Motorsports, Inc., a New York
corporation ("DIRT"), Xxxxx Xxxxxxxx ("Xxxxxxxx"), Boundless Motor Sports
Racing, Inc., a Colorado corporation ("Boundless"), and Boundless Racing, Inc.,
a Texas corporation ("BRI").
W I T N E S S E T H:
WHEREAS, the parties hereto desire to amend certain agreements among the
parties to the extent provided below;
NOW, THEREFORE, in consideration of the premises and other good and
valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties hereto hereby agree as follows:
A. REFERENCE. Reference is hereby made to the following agreements
(collectively, the "Agreements"):
1. Stock Purchase Agreement, dated as of August 13, 2003, as amended
(the "Stock Purchase Agreement"), by and among DIRT, Xxxxxxxx, Boundless and BRI
(assignee of Boundless Track Operations, Inc., a Nevada corporation (f/k/a
Boundless Motor Sports Racing, Inc. ("BTOI")).
2. Contract of Sale, dated as of August 13, 2003, as amended, by and
among Xxxxxxxx, Boundless and BRI (assignee of BTOI), as amended (the "Contract
of Sale").
B. CHANGE TO STOCK PURCHASE AGREEMENT. The Stock Purchase Agreement is
amended as follows:
1. The "June 15, 2004" dates set forth in subparts (d) and (e) of
Section 12.1 of the Stock Purchase Agreement are hereby changed to "August 21,
2004".
C. CHANGE TO CONTRACT OF SALE. The Contract of Sale is amended as
follows:
1. The "June 15, 2004" dates set forth in Section 7.1 of the
Contract of Sale is hereby changed to "August 21, 2004".
D. MISCELLANEOUS.
1. This Agreement may be executed in two or more counterparts, each
of which shall be deemed an original, but all of which together shall constitute
one and the same instrument.
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IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the
date first above written.
DIRT MOTORSPORTS, INC.
By: /s/ Xxxxx Xxxxxxxx
Xxxxx Xxxxxxxx, President
/s/ Xxxxx Xxxxxxxx
Xxxxx Xxxxxxxx
BOUNDLESS MOTOR SPORTS RACING, INC.
By: /s/ Xxxx X. Xxxxxx
Xxxx X. Xxxxxx, Chief
Executive Officer
BOUNDLESS RACING, INC.
By: /s/ Xxxx X. Xxxxxx
Xxxx X. Xxxxxx, Chief
Executive Officer
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