FIRST AMENDMENT TO ASSET PURCHASE AGREEMENT
Exhibit
10.23
FIRST AMENDMENT TO
ASSET PURCHASE AGREEMENT
ASSET PURCHASE AGREEMENT
This First Amendment to Asset Purchase Agreement dated October 28, 2004 (“First
Amendment”), by and between OP Therapy, Inc., a Michigan Corporation (“Purchaser”), and The Mobile
Medical Group, Inc., a Michigan Corporation (“Seller”). Purchaser and Seller are sometimes referred
to collectively as the “Parties” and individually as a “Party”.
RECITALS:
A. Purchaser and Seller entered into an Asset Purchase Agreement dated October 28, 2004 (“Asset Purchase Agreement”).
B. Section 10.1 of the Asset Purchase Agreement establishes a Termination Date and Closing of December 30, 2004.
C. The parties desire to extend the Termination Date and Closing to December 31, 2004 in this Amendment.
NOW THEREFORE, for and in consideration of the foregoing Recitals, the mutual covenants and
undertakings set forth below and other good and valuable consideration, the receipt and adequacy of
which are acknowledged, the Parties hereby agree as follows:
1. Section 10.1 of the Asset Purchase Agreement is hereby amended to change the December 30, 2004 date to December 31, 2004.
2. This First Amendment may be executed in any number of counterparts, each of which when so executed and delivered shall be an original, but all of which shall together constitute one and the same instrument. Fax signatures hereto shall be deemed as legally effective as a signed original for all purposes.
3. The parties hereto otherwise ratify and confirm the remaining provisions of the Asset Purchase Agreement.
[Remainder of Page Left Intentionally Blank]
IN WITNESS WHEREOF, the undersigned have executed this First Amendment to Asset Purchase
Agreement this
30th day of December, 2004.
OP THERAPY, INC. | ||||
By: | /s/ Xxxxxxxx X. Xxxxxxx | |||
Name: Xxxxxxxx X. Xxxxxxx | ||||
Its: Chairman and CEO | ||||
THE MOBILE MEDICAL GROUP, INC. | ||||
By: | /s/ Xxxxxx Xxxxxxx | |||
Name: | ||||
Its: TREASURER |