September 13, 1999
Xxxxxx Xxxxxx & Company, Inc. Continental Stock Transfer & Trust Company
000 Xxxxxxxx Xxxxxxxxx 2 Broadway
Great Neck, New York 11021 Xxx Xxxx, Xxx Xxxx 00000
RE: Amendment No. 2 to Warrant Agreement
Gentlemen:
This letter agreement represents Amendment No. 2 to the Warrant Agreement
between Xxxxxx Xxxxxx & Company, Inc. ("Xxxxxx"), Continental Stock Transfer
& Trust Company (the "Warrant Agent"), and Dialysis Corporation of America
(the "Company"), dated April 16, 1996, between and among the parties, and
amended on March 9, 1999 (the "Warrant Agreement"), to further extend the
exercise period of the Warrants to March 31, 2000. This Amendment No. 2
amends Section 2 of the Warrant Agreement as amended on March 9, 1999 by
extending the exercise period of the Warrants to March 31, 2000. Any and
all other provisions of the Warrant Agreement indicating the expiration of
the term being October 16, 1999 are hereby amended to read March 31, 2000.
The Warrants and the Warrant Agreement as previously modified will
otherwise remain the same and in full force and effect in accordance with
their terms.
Very truly yours,
DIALYSIS CORPORATION OF AMERICA
/s/ Xxxxxx X. Xxxxxxxx
By:--------------------------------
XXXXXX X. XXXXXXXX, Chief
Executive Officer
Dated: September 10, 1999
Acknowledged and agreed to:
Xxxxxx Xxxxxx & Company, Inc. Continental Stock Transfer & Trust Company
/s/ Xxxxxx Xxxxxx /s/ Xxxxxxx X. Xxxxxxxxx, Vice President
By:-------------------------------- By:------------------------------------
XXXXXX XXXXXX, CEO Xxxxxxx X. Xxxxxxxxx, Vice President
Dated: September 10, 1999 Dated: September 10, 1999
