SECOND AMENDMENT TO PURCHASE AGREEMENT
Exhibit
10.3
SECOND
AMENDMENT TO PURCHASE AGREEMENT
This
SECOND
AMENDMENT TO PURCHASE AGREEMENT
made as
of this 13th day July, 2007, by and between MOBILEPRO
CORP.,
a
Delaware corporation having a place of business and mailing address of 0000
Xxxxxxxxx Xxxxxxxxx, Xxxxx 000, Xxxxxxxx, Xxxxxxxx 00000 (the “Seller”) and
UNITED
SYSTEMS ACCESS, INC.,
a
Delaware corporation d/b/a U.S.A. Telephone having a place of business and
mailing address of 0 Xxxxxxx Xxxx, Xxxxxxxxx, Xxxxx 00000 (the
“Buyer”).
WITNESSETH
THAT :
WHEREAS,
the
Seller and the Buyer are parties to that certain Purchase Agreement dated
as of
June 29, 2007, as amended by a certain Amendment to Purchase Agreement dated
July 6, 2007 (as so amended, the “Agreement”) which provides for the ISP Closing
to occur on July 13, 2007; and
WHEREAS,
the
Seller and Buyer wish to extend the date for the ISP Closing.
NOW,
THEREFORE,
in
consideration of the mutual covenants contained herein and further good and
valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties hereto hereby agree as follows:
1. The
first
sentence of Section 2.6 of the Agreement is amended to change July 13, 2007
to
July 17, 2007.
2. Capitalized
terms that are not defined in this Second Amendment shall have the meaning
given
to such terms in the Agreement. Except as expressly amended hereby, the
Agreement remains in full force and effect in accordance with its terms.
The
next
page is the signature page.
IN
WITNESS WHEREOF,
the
parties hereto have duly caused this Second Amendment to be executed as of
the
day and year first above written.
WITNESS: | BUYER | |
UNITED SYSTEMS ACCESS, INC. | ||
|
|
|
By: | /s/ L. Xxxxxxx Xxxx | |
|
L. Xxxxxxx Xxxx, Chief Executive Officer |
|
SELLER | ||
MOBILEPRO CORP. | ||
|
|
|
By: | /s/ Xxx X. Xxxxxx | |
|
Xxx X. Xxxxxx, Chairman and CEO |
|
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