AMENDMENT TO ASSET PURCHASE AGREEMENT
THIS AMENDMENT is made as of December 17, 1998 among Frontline
Communications Corporation, a Delaware corporation ("Frontline"); Webspan
Communications, Inc., a New York corporation ("Webspan"); and Webspan's sole
stockholder, Xxxxx Xxxxxxxxxxxx (the "Webspan Stockholder").
WHEREAS, the undersigned are the only parties to that certain Asset
Purchase Agreement dated as of November 24, 1998, among Frontline, Webspan and
the Webspan Stockholder (the "Agreement"); and
WHEREAS, the parties wish to amend the Agreement to extend the outside
closing date and to update the Schedules attached thereto, all as provided
herein.
NOW, THEREFORE, in consideration of the foregoing and the covenants and
agreements herein contained, and intending to be legally bound hereby, the
parties do hereby agree:
1. Closing Date. Sections 2 and 7.1(g) of the Agreement are amended to
provide for December , 1998 as the Closing Date and the date by which the
transactions contemplated by the Agreement shall be consummated,
respectively.
2. Supplemental Schedules. The Schedules to the Agreement are hereby
amended, as set forth in Exhibit A attached hereto.
3. Full Force and Effect. The Agreement, as so amended by this
Amendment, remains in full force and effect.
4. Counterparts. This Amendment may be signed in any number of
counterparts, with each counterpart constituting an original instrument but
all such separate counterparts constituting one and the same agreement.
IN WITNESS WHEREOF, each of the parties hereto, has caused this Agreement
to be executed, by their respective officers thereunto duly authorized, as of
the date first written above.
FRONTLINE COMMUNICATIONS CORPORATION
By: /s/ Xxxxxxx X. Xxxx-Xxxxxxxx
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Xxxxxxx X. Xxxx-Xxxxxxxx, President
WEBSPAN COMMUNICATIONS, INC.
By: /s/ Xxxxx Xxxxxxxxxxxx
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Xxxxx Xxxxxxxxxxxx, President
/s/ Xxxxx Xxxxxxxxxxxx
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XXXXX XXXXXXXXXXXX
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