AMENDMENT NO. 1 TO MERGER AGREEMENTMerger Agreement • April 3rd, 2007 • Wellsford Real Properties Inc • Real estate investment trusts • New York
This AMENDMENT NO. 1 (this “Amendment No. 1”), dated as of March 30, 2007, to the Merger Agreement, dated as of October 11, 2006 (the “Merger Agreement”), is by and among Reis, Inc., a Delaware corporation (the “Company”), Wellsford Real Properties, Inc., a Maryland corporation (“Parent”), and Reis Services LLC, a Maryland limited liability company and wholly owned subsidiary of Parent (“Merger Sub”). W I T N E S S E T H: WHEREAS, the Company, Parent, and Merger Sub are parties to the Merger Agreement; WHEREAS, the Company, Parent, and Merger Sub desire to amend the Merger Agreement as set forth herein; and WHEREAS, terms used herein but not otherwise defined shall have the respective meanings ascribed thereto in the Merger Agreement. NOW, THEREFORE, in consideration of the mutual agreements herein contained, the parties hereto agree as follows:
