Exhibit 3 AMENDMENT NO. 1 (this "Amendment"), dated as of March 31, 1997, to the Securities Purchase Agreement, dated as of July 19, 1996 (the "Agreement"), between RECOVERY ENGINEERING, INC., a Minnesota corporation (the "Company"), and GS CAPITAL...Securities Purchase Agreement • April 9th, 1997 • Goldman Sachs Group Lp • New York
RECOVERY ENGINEERING, INC. 1993 DIRECTOR STOCK OPTION PLAN DIRECTOR'S NONQUALIFIED STOCK OPTION AGREEMENT ----------------------------------------------Director's Nonqualified Stock Option Agreement • April 9th, 1997 • Goldman Sachs Group Lp
Exhibit 2 AGREEMENT RELATING TO RECOVERY ENGINEERING, INC. OPTIONS ---------------------------------- AGREEMENT, dated as of July 19, 1996, by and between Sanjay Patel (the "Grantee") and The Goldman Sachs Group, L.P. ("Goldman Sachs"). WHEREAS, the...Options Agreement • April 9th, 1997 • Goldman Sachs Group Lp • New York
