AMENDMENT NO. 1 TO REGISTRATION RIGHTS AGREEMENT
Exhibit 10.19
THIS AMENDMENT to the Registration Rights Agreement dated as of January 12, 2007 by and among
Kreido Biofuels, Inc., a Nevada corporation (the “Company”), and the parties set forth on the
signature pages and Exhibit A thereto “(Purchasers”) is made and entered into effective as of June
14, 2007 by the Company and the Majority Holders.
WHEREAS, the Company and the Majority Holders desire to amend the Registration Rights Agreement to
extend the date on which liquidated damages accrue under Section 3(e)(ii)(A) of said Agreement.
NOW, THEREFORE, in consideration of the mutual covenants herein-contained and for other good and
valuable consideration the receipt and sufficiency is hereby acknowledged, the parties hereto
hereby agree as follows:
1. Amended Certain Definitions. Section 1. Certain Definitions, of the Agreement is
hereby amended as follows: The definition of “Registration Default Date” is hereby deleted and is
replaced and superseded with the following:
“Registration Default Date” means the date that is 90 days after the Registration
Filing Date; provided, however, that if the Registration Statement is subject to
review by the Commission, then such date shall be the date that is 135 days following the
Registration Filing Date.
2. Registration. Section 3(e)(ii)(A) is hereby amended by deleting “5%” and inserting
in its place “6%”.
3. Miscellaneous
(a) Capitalized terms used but not defined in this Amendment shall have the
meanings ascribed to them in the Agreement.
(b) This Amendment may be signed in multiple counterparts, each of which shall be
deemed an original and together one and the same instrument. Facsimile and electronic signatures
shall be binding and effective in all respects.
(c) Except as otherwise provided herein, the original Agreement shall continue in full force
and effect as amended hereby.
(d) This Amendment shall be effective upon attachment hereto of executed signature pages of
Holders constituting the Majority Holders and of the Company.
IN WITNESS WHEREOF, this Amendment to Registration Rights Agreement is made and entered into
in Camarillo California.
KREIDO BIOFUELS, INC. a Nevada corporation |
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Xxxx Xxxxxxx, President and Chief Executive Officer |
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HOLDER: |
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Name (please print) |
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Signature |
