0001193125-08-201076 Sample Contracts

OMNIBUS AMENDMENT AGREEMENT
Omnibus Amendment Agreement • September 25th, 2008 • Action Products International Inc • Games, toys & children's vehicles (no dolls & bicycles)

THIS OMNIBUS AMENDMENT AGREEMENT (this “Amendment”), dated September 22, 2008, hereby amends that SECURITIES PURCHASE AGREEMENT (the “Purchase Agreement”) dated August 25, 2008, by and among ACTION PRODUCTS INTERNATIONAL, INC., a Florida corporation, and SIZER CAPITAL PARTNERS, LP, and that ESCROW AGREEMENT (the “Escrow Agreement”) dated August 25, 2008, by and among ACTION PRODUCTS INTERNATIONAL, INC., a Florida corporation, ACTION HEALTHCARE PRODUCTS, INC., a Florida corporation, NEIL SWARTZ, CRAIG SIZER and TARTER KRINSKY & DROGIN LLP, as Escrow Agent.

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