AMENDMENT NO. 2 TO THE ASSET PURCHASE AGREEMENT DATED OCTOBER 31, 2008The Asset Purchase Agreement • May 7th, 2010 • Ultralife Corp • Miscellaneous electrical machinery, equipment & supplies • New York
This amendment agreement (this “Amendment” or the “Agreement”) is made and entered into by and among Ken Cotton, Shawn O’Connell and Simon Baitler, the Selling Shareholders of U.S. Energy Systems, Inc., a now dissolved California corporation (each a “Selling Shareholder” and collectively, “Selling Shareholders”), Tim Jacobs (“Jacobs”), solely for the purposes of Sections 6 through 14 inclusive, and Ultralife Corporation (“Ultralife” or “Buyer”). Selling Shareholders, Jacobs and Buyer are referred to collectively herein as the “Parties.”
