Exhibit 99.2 SALE AND PURCHASE AGREEMENT DATED FEBRUARY 5, 1998 BETWEEN THE UNDERSIGNED: 1. Mr. Jean-Francois Queru, a French citizen residing at 10, rue des Primeveres, 43390 Petit Mars; 2. Mr. Arnaud Queru a French citizen residing at 10, rue des...Sale and Purchase Agreement • February 20th, 1998 • Friede Goldman International Inc • Oil & gas field machinery & equipment
Exhibit 99.3 AMENDMENT NO. 1 TO THE AGREEMENTThe Agreement • February 20th, 1998 • Friede Goldman International Inc • Oil & gas field machinery & equipment
The parties hereto agree, by way of amendment to the Sale and Purchase Agreement signed today, that one third of the purchase price for the shares of Achere, attributable to the undersigned, Jean-Michel Gandreuil, acting both in his own capacity and in his capacity as gerant of the societe civile D.J.C.M. (i.e., an amount equivalent to FRF 2,067,965.50, to be considered as a partial set off against the total purchase price received by Jean-Michel Gandreuil on the date hereof pursuant to the Sale and Purchase Agreement) will be paid by Jean-Michel Gandreuil or a nominee no later than the close of business on February 6, 1998, to purchase the monetary value equivalent in Friede Goldman International, Inc. common stock (the "Stock"); it being specified that the value of the Stock shall be the quoted value for the Stock as at the close of trading on February 4, 1998.
