0001193805-02-000011 Sample Contracts

AMENDMENT NO. 1
Pledge Agreement • October 18th, 2002 • Regency Affiliates Inc • Motor vehicle parts & accessories

This Amendment No. 1, dated as of October 16, 2002, amends the Pledge Agreement (the "Pledge Agreement"), dated as of October 15, 2001, between Statesman Group, Inc., an international business corporation organized under the laws of the Bahamas (the "Pledgor"), and Regency Affiliates, Inc., a Delaware corporation (the "Pledgee").

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RECITALS
Employment Agreement • October 18th, 2002 • Regency Affiliates Inc • Motor vehicle parts & accessories • Florida
PREAMBLE:
Note Purchase Agreement • October 18th, 2002 • Regency Affiliates Inc • Motor vehicle parts & accessories • New York
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