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Exhibit 10.49
Addendum to Amended and Restated Promissory Note dated April
7, 1994 by and between Xxxxx X. Xxxxxxx, as Maker, and Reddi
Brake Supply Company, Inc. (formerly known as Wesco Auto
Parts, Inc.), a California corporation, as Holder (the "Note")
1. This Addendum modifies the Note. It is the intention of the
parties affected by this Addendum that the terms of this instrument shall
govern and take precedence over any provisions contained in the Note that are
inconsistent with the terms of this instrument.
2. The parties agree that the Note shall be and is hereby
modified as follows:
(a) The principal sum is hereby reduced to Two Hundred
Thirty-One Thousand Seven Hundred Ninety-Eight Dollars and Twenty-Four Cents
($231,798.24); and
(b) the entire unpaid principal balance of the Note and
all accrued interest thereon shall be fully due and payable to Holder on July
13, 1996.
Dated: June 28, 1996
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Xxxxx X. Xxxxxxx
Xxxxx Brake Supply Corporation,
a Nevada corporation
By:
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S. Xxxxxx Xxxxx, Chief Financial Officer
