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EXHIBIT 10.60
ASSIGNMENT OF PURCHASE AGREEMENT
This Assignment is made and entered into this 14th day of August, 1996
by and between Xxxx Properties, Inc. ("Assignor") and XxXxxx, Inc.
("Assignee").
1. By execution hereof, Assignor does hereby assign to Assignee all of
its right, title and interest in and to that certain Purchase
Agreement by and between Assignor and Xxxxxx X. Xxxxxx, Xxxxxx X.
Xxxxxx and Xxxxxx X. Xxxxxx dated June 28, 1996.
2. By execution hereof, Assignee hereby accepts the assignment from
Assignor and agrees to assume any and all obligations of Assignee
under the Purchase Agreement as assigned.
3. This Assignment shall inure to the benefit of and be binding upon the
successors and assigns of the parties hereto.
IN WITNESS WHEREOF, the parties hereto have executed this Assignment
on the date and in the year first above written.
XXXX PROPERTIES, INC.
BY: /s/ XXXX X. XXXXX
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XXXX X. XXXXX, Vice President
XXXXXX, INC.
BY: /s/ XXXXX XXXX
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NAME
Chief Accounting Officer
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TITLE