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EXHIBIT 10.10
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AMENDMENT AGREEMENT
BY AND BETWEEN
XXXX PLASTICRAFTERS GmbH
(represented by Xxxxxx X. Xxxxx)
G & R GRUNDVERWALTUNG GmbH,
(represented by Xxxxxx X. Xxxxx)
PLASTICRAFTERS LIMITED PARTNERSHIP,
(represented by its general partner Textec Plastics
Inc.
which in turn is represented by Xxxxxx X. Xxxxx)
XXXX PLASTICRAFTERS UK, LTD.,
(represented by Xxxxxx X. Xxxxx)
XX. XXXXX XXXXXX XXXXXXX,
XX. XXXXXXX XXXXXXX,
XXX. XXXXXXXX XXXXXXX, BORN XXXXXX,
(represented by Xxxxx Xxxxxx Xxxxxxx and Xxxxxxx Xxxxxxx)
XXXXXXX-KUNSTSTOFFE BETEILIGUNGS GmbH
(represented by Xxxxxx X. Xxxxx)
XXXXXXX-KUNSTSTOFFE GmbH & CO.,
(represented by Xxxxxxx-Kunststoffe Beteiligungs GmbH
which in turn is represented by Xxxxxx X. Xxxxx)
"PB" XXXXXXX GmbH
(represented by Xxxxxx X. Xxxxx)
"PB" XXXXXXX GmBH & CO. HANDELSGESELLSCHAFT,
(represented by "PB" Xxxxxxx GmbH
which in turn is represented by Xxxxxx X. Xxxxx)
XXXXXXX CORPORATION,
(represented by Xxxxx Xxxxxx Xxxxxxx and Xxxxxxx Xxxxxxx)
XXXXXXX PROPERTY ASSOCIATES L.P.
(represented by AMH Management Inc.
which in turn is represented by Xxxxx Xxxxxx Xxxxxxx and Xxxxxxx Xxxxxxx)
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and
XXXXXXX PLASTIC LTD.
(represented by Xxxxx Xxxxxx Xxxxxxx and Xxxxxxx Xxxxxxx)
WHEREAS, the Parties have on 7th August 1997 entered into the COMBINED SHARE AND
ASSET PURCHASE AGREEMENT, Deed Rolls No. 1734/1997 of Notary Xx. Xxxxxxx
Xxxxxxxxxx, Dusseldorf (the "Agreement").
WHEREAS, the Parties now by mutual agreement wish to amend the Agreement by
entering into this amendment agreement (the "Amendment").
NOW; THEREFORE, the Parties agree as follows:
1. Defined terms used in this Amendment shall have the same meaning as in
the Agreement.
2. The Parties have in Art. B Section 2.4 of the Agreement provided that
"The effectiveness of the transfer of the HK-KG-Interests and
the HK-Shares is subject to the payment of the Closing
Purchase Price and as far as the HK-KG Interests are concerned
subject also to the recording of the transfer to Buyer D1 in
the Commercial Register."
3. The Parties hereby amend Art. B Section 2.4 of the Agreement and hereby
agree that the condition of the recording of the transfer of the
HK-KG-Interests to the Buyer D1 in the Commercial Register shall be
waived with immediate effect. Accordingly,
the effectiveness of the transfer of the HK-KG-Interests to
Buyer
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D1 shall not be subject to the recording of the transfer of
the HK-KG-Interests to the Buyer D1 in the Commercial
Register.
4. The remainder of the Agreement shall not be affected by this Amendment.
New York, this ..... day of September 1997
/s/ Xxxxxx X. Xxxxx
-------------------------------------------
(Xxxxxx X. Xxxxx)
Paderborn, this 23 day of September 1997
/s/ Xxxxx Xxxxxx Xxxxxxx
-------------------------------------------
(Xxxxx Xxxxxx Xxxxxxx)
Paderborn, this 23 day of September 1997
/s/ Xxxxxxx Xxxxxxx
-------------------------------------------
(Xxxxxxx Xxxxxxx)
