Exhibit 10.50
AMENDMENT NO. 1
to
ASSET PURCHASE AGREEMENT
DATED AS OF
JUNE 18, 2001
BY AND BETWEEN
IMPRES TECHNOLOGY SOLUTIONS, INC.
AND
WAREFORCE INCORPORATED
Effective as of June 19, 2001, the Asset Purchase Agreement dated as of June 18,
2001 by and between IMPRES Technology Solutions, Inc. and Wareforce Incorporated
is hereby amended as follows:
Strike Section (1)(g)(ii) which reads as follows:
"Seller has several service contracts commonly known as DPSS, DCFS and CATS,
which are paid monthly. Seller will continue these contracts through June 30,
2001 and assign these contracts to Buyer as of July 1, 2001, and"
and replace it with: "Seller has several service contracts commonly known as
DPSS, DCFS and CATS, which are paid monthly. Seller will continue these
contracts through June 30, 2001 and assign these contracts to Buyer or Buyer's
designee(s) as of July 1, 2001; specifically Seller and Buyer both agree that
the DCFS / CATS contract shall be directly assigned by Seller to Xxxxxxx Xx, an
individual, upon the approval of Los Angeles County, and".
Agreed and accepted this 19th day of June, 2001.
WAREFORCE INCORPORATED IMPRES TECHNOLOGY SOLUTIONS, INC.
/s/ Xxx Xxxxxxxx /s/ Xxxxxxx Xx
---------------------------- --------------------------------
Xxx Xxxxxxxx Xxxxxxx Xx
General Counsel President