AMENDMENT TO MEMBERSHIP INTEREST PURCHASE AGREEMENT
Exhibit 10.80
AMENDMENT TO
MEMBERSHIP INTEREST PURCHASE AGREEMENT
This Amendment dated as of September 15, 2022 (“Amendment”) amends the Membership Interest Purchase Agreement (this “Agreement”), dated as of January 7, 2022 (the “Effective Date”), by and among La Xxxx Holdings Corp., a Nevada corporation (the “Buyer”), and Xxxxxx X. Xxxxxxx, (the “Seller”), and La Xxxx XX Properties LLC, a Florida limited liability company located at 000 Xxxxxx Xxxxxxx Xx., Xxx 000, Xxxxxxxx XX 00000 (the “Company,” and together with the Buyer and Seller, the “Parties,” and individually, the “Parties”).”
The Parties hereby agree to amend the Agreement as follows:
1. | Schedule A of the Agreement shall be deleted in its entirety and replaced with the following: |
SCHEDULE A
Buyer: | La Xxxx Holdings Corp. | |
Company: | La Xxxx XX Properties LLC | |
Seller: | Xxxxxx X. Xxxxxxx | |
Percentage of Seller’s Membership Interest in the Company being sold to the Buyer: | 100% | |
Aggregate Purchase Price: | $1,200,00.00 | |
Cash: | $50,000.00 | |
Common Stock (1): | Shares valued at $1,150,000.00 |
(1) | The number of shares issued will be the dollar amount of the Common Stock divided by the final sales price of the Company’s common stock in its underwritten public offering. |
1. Except as otherwise stated herein, the Agreement shall continue in full force and effect.
2. All matters relating to this Amendment shall be governed by and construed in accordance with the internal laws of the State of Florida without giving effect to any choice or conflict of law provision or rule (whether of the State of Florida or any other jurisdiction).
3. This Amendment and the schedules and exhibits to be delivered hereunder constitute the sole and entire agreement of the Parties with respect to the subject matter contained herein, and supersede all prior and contemporaneous understandings and agreements, both written and oral, with respect to such subject matter hereof.
4. This Amendment may be executed in counterparts, each of which shall be deemed an original, but all of which together shall be deemed to be one and the same agreement. A signed copy of this Amendment delivered by facsimile, e-mail, or other means of electronic transmission shall be deemed to have the same legal effect as delivery of an original signed copy of this Amendment.
[SIGNATURES APPEAR ON THE NEXT PAGE.]
IN WITNESS WHEREOF, the Parties hereto have caused this Amendment to be executed as of the date above by their respective representatives thereunto duly authorized.
Buyer: | LA XXXX HOLDINGS CORP. | |
By: | /s/ Xxxxxx Xx Xxxx | |
Name: | Xxxxxx Xx Xxxx | |
Title: | Chief Executive Officer | |
Company: | LA XXXX XX PROPERTIES LLC | |
By: | /s/ Xxxxxx X. Xxxxxxx | |
Name: | Xxxxxx X. Xxxxxxx | |
Title: | Manager / Authorized Representative | |
Seller: | By: | /s/ Xxxxxx X. Xxxxxxx |
Name: | Xxxxxx X. Xxxxxxx | |
Address: | 000 Xxxxxx Xxxxxxx Xx., Xxx 000, Xxxxxxxx XX 00000 |