Exhibit 4.29
JOINT DEBTOR AGREEMENT
Effective June 28, 2000
First Amendment January 1, 2001
FIRST AMENDMENT TO JOINT DEBTOR AGREEMENT
THIS FIRST AMENDMENT TO THE JOINT DEBTOR AGREEMENT MADE AS OF JUNE 28,
2000, hereinafter referred to as this "Amendment," is made and entered into as
of January 1, 2001, by and among Color Imaging, Inc. dba Color Image, Inc. a
Delaware corporation as successor to Color Image, Inc. a Georgia corporation,
with its principal offices at 0000 Xxxxxxxxx Xxxxxxxxxx Xxxxxxxxx, Xxxxx 000,
Xxxxxxxx, Xxxxxxx 00000, hereinafter referred to as ("Color"), Kings Brothers,
LLC, a Georgia limited liability company, located at 0000 Xxxxxxxxx Xxxxxxxxxx
Xxxxxxxxx, Xxxxxxxx, Xxxxxxx 00000, hereinafter referred to as ("Kings"), Xxx-
Xxxx Xxxx, Xxx-Xxx Xxxx, Xxx-Xxxx Xxxx and Jui-Xxxx Xxxx (collectively, jointly
and severally, "Wangs").
WITNESSETH
1. WHEREAS, Color, Kings and Wangs are joint debtors with respect to that
certain bond loan to Color and Kings in the original principal amount of
Four Million One Hundred Thousand Dollars ($4,100,000) made by the
Development Authority of Gwinnett County, Georgia (the "Bond Loan");
2. WHEREAS, Color received the benefit of Three Million One Hundred Twenty-
five Thousand Eight Hundred and Seventy-two Dollars ($3,125,872), 76.24% of
the Bond Loan proceeds, referred to herein as the "Color Loan" and Kings
received the benefit of Nine Hundred Seventy-four Thousand One Hundred
Twenty-eight Dollars ($974,128), 23.76% of the Bond Loan proceeds, referred
to herein as the "Kings Loan" of the proceeds of the Bond Loan
(collectively the "Loans"),
NOW, THEREFORE, in consideration of the mutual covenants, their respective
performances and benefits pertaining to the Loans, and other good and valuable
consideration, the parties agree as follows:
AGREEMENT
Responsibility for Bond Loan. The parties agree that Color shall be
responsible for 76.24% and Kings and Wangs 23.76% of the debts liabilities,
obligations and expenses of Color and Kings under the Bond Loan Documents, such
proportions being the proportions in which the proceeds of the Bond Loan were
received by Color and Kings.
IN WITNESS WHEREOF, the parties hereto have affixed their seals on the date
and year first above written.
COLOR IMAGING, INC., KING BROTHERS, LLC,
a Delaware corporation a Georgia limited liability company
/S/ XXXXXXX XXXX /S/ XXXXXXX XXXX
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BY: Xx. Xxx-xxxx Xxxx, President BY: Xxx-xxxx Xxxx, Managing Member
/S/ CHIA-AN XXXXX /S/ CHIA-AN XXXXX
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BY: Chia-an Xxxxx, Assistant Secretary BY: Chia-an Xxxxx, Secretary
/S/ JUI-XXX XXXX /S/ JUI-XXXX XXXX
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BY: Jui-Xxx Xxxx BY: Jui-Xxxx Xxxx
/S/ JUI-KUNG WANG
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BY: Jui-Kung Wang
