Exhibit 4.18
AMENDMENT TO STOCK PURCHASE WARRANTS
------------------------------------
This Amendment to Stock Purchase Warrants (this "Amendment"), dated April
25, 2003, is made by and among Peabodys Coffee, Inc., a Nevada corporation
(d/b/a Black Rhino Coffee) with its headquarters located at 0000 Xxxxxxxx Xxxx,
Xxxxx 0, Xxxxxxx, Xxxxxxxxxx 00000 (the "Company") and AJW Partners, LLC, AJW
Offshore, Ltd. and AJW Qualified Partners, LLC (collectively, the "Investors").
WHEREAS:
The Company has issued to the Investors certain Stock Purchase Warrants
dated December 20, 2002 and January 23, 2003 (collectively, the "Stock Purchase
Warrants"); and
The Company and the Investors desire to amend the Stock Purchase Warrants
as set forth below.
NOW, THEREFORE, the Company and the Investors hereby agree as follows:
1. AMENDMENT OF STOCK PURCHASE WARRANTS. Each of the Stock Purchase Warrants
is hereby amended to delete in its entirety Section 1(b) thereof, entitled
"Mandatory Exercise Rights."
2. NO OTHER PROVISIONS OR DOCUMENTS AFFECTED HEREBY. This Amendment does not
affect any other provisions of the Stock Purchase Warrants or the provisions of
any other document entered into in connection with the transactions set forth
therein.
[Signatures on the Following Page]
IN WITNESS WHEREOF, the parties have caused this Amendment to be duly
executed as of the date first written above.
PEABODYS COFFEE, INC.
--------------------------------------
Xxxx X. Xxxxxxx
President
AJW PARTNERS, LLC
By: SMS Group, LLC
--------------------------------------
Xxxxx X. Xxxxxxxx
Manager
AJW OFFSHORE, LTD.
By: First Street Manager II, LLC
--------------------------------------
Xxxxx X. Xxxxxxxx
Manager
AJW QUALIFIED, LLC
By: AJW Manager, LLC
------------------------------------
Xxxxx X. Xxxxxxxx
Manager
2
