This Amendment (this "Amendment") to the Agreement and Plan of Merger
(the "Agreement"), is made and entered into as of April 18, 2000, by and among
SILVER KING RESOURCES, INC., a Delaware corporation ("Acquiror"), SILVER KING
ACQUISITION, INC., a Delaware corporation and wholly owned subsidiary of
Acquiror ("Newco"), ENEXI INC., a Delaware corporation ("eNexi"), and Dr. Xxxxx
XxXxx Xxxxxx and Xxxxx Xxxxx, the principal stockholders of eNexi (collectively,
the "Principal Stockholders").
RECITALS
A. WHEREAS on March 21, 2000, the Parties hereto entered into the Agreement
under which Newco shall merge with and into eNexi; and
B. WHEREAS the parties have agreed to extend the deadline for the closing
date of the Merger from April 30, 2000 to June 15, 2000.
AGREEMENTS
NOW THEREFORE, in consideration of the mutual covenants and agreements
contained herein and other valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties hereby agree to amend the
Agreement as follows.
1. Closing Date. Subclause (b) at the end of Section 2.1 of the Agreement
is hereby amended to read as follows: "at such other time, date and place as the
parties may agree, but in no event shall such date be later than June 15, 2000."
2. Counterparts. This Amendment may be executed in one or more
counterparts, each of which, when so executed and delivered, will be an original
instrument, and such counterparts together will constitute a single agreement.
3. Amendments. Except as modified by this Amendment, all other terms and
provisions of the Agreement shall remain in full force and effect.
4. Governing Law. This Amendment shall be governed by and construed in
accordance with the laws of the State of Delaware, without regard to the laws
that might otherwise govern under principles of conflicts of laws applicable
thereto.
IN WITNESS WHEREOF, each of the undersigned has signed or has caused this
Agreement to be signed by their respective officers hereunto duly authorized,
all as of the date first written above.
SILVER KING RESOURCES, INC.,
a Delaware Corporation
By: /s/ Xxxx Xxxxx
--------------
Name: Xxxx Xxxxx
Title: President
SILVER KING ACQUISITION, INC.,
a Delaware Corporation
By: /s/ Xxxx Xxxxx
--------------
Name: Xxxx Xxxxx
Title: President
ENEXI INC., a Delaware Corporation
By: /s/ Xxxxx XxXxx Xxxxxx
----------------------
Name: Xxxxx XxXxx Xxxxxx
Title: President
/s/ Xxxxx XxXxx Xxxxxx
----------------------
Xxxxx XxXxx Xxxxxx
/s/ Xxxxx Xxxxx
---------------
Xxxxx Xxxxx
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