E-Z- EM Inc. iPark Building, Suite LL-26 1111 Marcus Avenue Lake Success, NY 11042 June 18, 2005 Kalaty Properties, Corp. 443 Park Avenue South New York, NY 10016 Attention: Farshad Kalaty Fax: 212-689-2705 Copy to: Zaccaria & Sasson 175 East Shore...
Exhibit 10.15
E-Z- EM Inc.
iPark Building, Suite LL-26
0000 Xxxxxx Xxxxxx
Xxxx Xxxxxxx, XX 00000
June 18, 2005
Kalaty Properties, Corp.
000 Xxxx Xxxxxx Xxxxx
Xxx Xxxx, XX 00000
Attention: Xxxxxxx Xxxxxx
Fax: 000-000-0000
Copy to:
Xxxxxxxx & Xxxxxx
000 Xxxx Xxxxx Xxxx
Xxxxx Xxxx, XX 00000
Attention: Xxxxxxx Xxxxxxxx
Fax: 000-000-0000
BY FACSIMILE
BY REGISTERED MAIL, RETURN RECEIPT
RE: Agreement for Purchase and Sale of 000 Xxxx Xxxxxx, Xxxxxxxx, Xxx Xxxx
Gentlemen:
We refer to the Agreement for Purchase and Sale of 000 Xxxx Xxxxxx, Xxxxxxxx, Xxx Xxxx (the “Property”), dated as of May 19, 2005 (the “Agreement”) between E-Z-Em Inc. (the “Seller”) and Kalaty Properties Corp. (the “Buyer”). All terms used herein and not defined shall have the meaning set forth in the Agreement.
Seller hereby agrees to extend the Diligence Period, as defined in the Agreement, to end on the earlier of (i) the waiving or the satisfaction of the environmental contingency set forth in Section 3.1(a) of the Agreement by notice to Seller or (ii) 5:00 p.m. Eastern Standard Time on July 22, 2005, TIME BEING OF THE ESSENCE.
Very truly yours,
E-Z-EM INC.
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Name: |
Xxxxxx X. Xxxxxx |
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Title: |
Senior Vice President, Chief Financial Officer |
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