AMENDMENT NO. 1 to STOCK PURCHASE AGREEMENT
Exhibit 10.2
AMENDMENT NO. 1 to
THIS AMENDMENT NO. 1 to STOCK PURCHASE AGREEMENT made as of May 25, 2007 (the “Agreement”), among SK3 Group, Inc. (formerly CTT International Distributors Inc.), a corporation existing under the laws of Delaware, Reliablecom Inc., a corporation existing under the laws of Delaware, The Phone Card Warehouse, Inc., a corporation existing under the laws of Florida (“TPC”), Xxxxxx Xxxxx and the shareholder of TPC.
Section 3.2(a) of the Agreement is hereby amended to read in its entirety as follows:
(a)
At the election of the Seller or the Purchaser on or after July 31, 2007, if the Closing shall not have occurred by the close of business on such date, provided that the terminating party is not in default of any of its obligations hereunder;
All other terms and conditions of the Agreement remain in full force and effect and this agreement shall be governed by all other terms contained therein.
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IN WITNESS WHEREOF the parties have executed this agreement effective as of June 26, 2007.
SK3 GROUP, INC.
By:
/s/ XXXXX XXXXXXX
Xxxxx Xxxxxxx
President
RELIABLECOM INC.
By:
/s/ XXXXX XXXXXXX
Xxxxx Xxxxxxx
President
THE PHONE CARD WAREHOUSE, INC.
By:
/s/ XXXXXXXX XXXXX
Xxxxxxxx Xxxxx
President
SELLER:
/s/ XXXXXXXX XXXXX
Xxxxxxxx Xxxxx
/s/ PAREDIP XXXXX
Xxxxxx Xxxxx
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