Exhibit 99.3
SECOND AMENDMENT TO
AGREEMENT OF PURCHASE AND SALE
AND JOINT ESCROW INSTRUCTIONS
THIS SECOND AMENDMENT TO AGREEMENT OF PURCHASE AND SALE AND JOINT
ESCROW INSTRUCTIONS (this "Amendment") is made as of the 8th day of
February, 2000, by and between Inprise Corporation ("Seller") and
ScanlanKemperBard Companies, an Oregon corporation ("Buyer").
RECITALS
A. Buyer and Seller are parties to an Agreement of Purchase and Sale
and Joint Escrow Instructions, dated as of December 30, 1999, as amended by
a First Amendment to Agreement of Purchase and Sale and Joint Escrow
Instructions, dated as of January 27, 2000 ("Original Agreement"), pursuant
to which Seller agreed to sell to Buyer, and Buyer agreed to purchase from
Seller, certain real and personal property located at 000 Xxxxxxxxxx Xxx,
Xxxxxx Xxxxxx, Xxxxxxxxxx, and certain related rights, all as more
particularly described in the Original Agreement (collectively, the
"Property"); and
B. Buyer and Seller desire to amend the Original Agreement as provided
in this Amendment.
NOW, THEREFORE, in consideration of the foregoing and of the mutual
covenants and conditions contained herein, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby
acknowledged. Seller and Buyer agree as follows:
1. Definitions. Capitalized terms that are used but not defined in
this Amendment, shall have the respective definitions given to such terms
in the Original Agreement. As used herein, the term "Agreement" shall mean
the Original Agreement, as amended by this Amendment and any subsequent
amendments.
2. Extension of Contingency Deadline. The first (1st) sentence of
Section 4.1 of the Original Agreement is hereby deleted and, in lieu
thereof, the following shall be inserted: "Except as otherwise provided in
this Agreement, Buyer shall have until 5 p.m. (Pacific Time) on February
11, 2000 ('Contingency Deadline'), to review all materials provided or made
available by Seller to Buyer pursuant to the terms of this Agreement, to
review the state of title to the Property, to negotiate the Seller's Lease
and to perform such other due diligence with respect to the Property as
Buyer determines in its sole discretion to perform."
3. No Other Changes Except as expressly modified or amended by this
Amendment, the Original Agreement shall remain in full force and effect and
be binding upon the parties in accordance with its terms.
4. Counterparts. This Amendment may be executed in two or more
counterparts each of which shall be an original and all of which together
shall constitute one instrument.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as
of the date first above written.
SELLER:
INPRISE CORPORATION, a Delaware
corporation
By /s/ Hobart McK. Birmingham
---------------------------------
Print Name: Hobart McK. Birmingham
Title: Chief Administrative Officer
BUYER:
SCANLANKEMPERBARD COMPANIES,
an Oregon corporation
By /s/ Xxxx X. Xxxxxxx
---------------------------------
Print Name: Xxxx X. Xxxxxxx
Title: Vice President
