Re: Stock Purchase/Sale AgreementStock Purchase/Sale Agreement • July 20th, 2005 • Arotech Corp • Miscellaneous electrical machinery, equipment & supplies
This will confirm our agreement to your request that we modify the terms of the Agreement to provide that, notwithstanding anything to the contrary in the Agreement or in the Restated Security Agreement dated February 19, 2004 (the “Security Agreement”) between and among Arotech, FAAC, and the Shareholders, payment of the 2004 Earnout Consideration shall be made by Arotech as follows:
