ADDENDUM NO. 1 TO THAT ACQUISITION AGREEMENT
BY AND BETWEEN
OASIS INFORMATION SYSTEMS, INC.
AND
WEST HASTINGS PARTNERS
This Amendment No. 1 to that Certain Acquisition Agreement (the
Agreement) by and between Oasis Information Systems Inc. (Oasis") and West
Hastings Partners (Hastings) dated June 5, 2002 is hereby amended this 5th day
of June, 2002.
The Agreement is modified as follows:
1. The parties acknowledge and agree that Xxxxx Xxxxxx and Xxxxxxx Xxxxxx are
due salary of $15,000 each for services provided to Oasis during 2002. This
salary has been satisfied through the issuance of 4,000,000 (pre-split) shares
of Oasis stock contained in certificate 4183. As a condition to the Closing of
the Agreement, the parties hereto agree that these 4,000,000 shares (pre-split)
shall be registered on a Form S-8 Registration Statement, at the sole cost and
expense of Hastings after its acquisition of Oasis, as soon as possible after
the Closing of the Agreement. It is further the parties understanding that
these 4,000,000 shares (pre-split) will be included in a Registration Statement
on Form S-8 that the parties anticipate will be filed soon after Closing.
1. The parties hereto agree to take all necessary and appropriate actions
required to ensure that these Shares are registered as soon as possible under
Form S-8.
1. To the extent that the terms of the Agreement and this Amendment are
inconsistent, this Amendment shall control.
1. The Agreement is incorporated herein by this reference and made a part
of this Amendment.
Signed this 5th day of June, 2002.
OASIS INFORMATION SYSTEMS INC.
By:/s/Xxxxx Xxxxxx
Xxxxx Xxxxxx, President
WEST HASTINGS PARTNERS
By:/s/Xx Xxxxxxxxx
Xx Xxxxxxxxx
