AMENDMENT NO. 1 TO STOCK REPURCHASE AGREEMENTStock Repurchase Agreement • July 29th, 2010 • Paneltech International Holdings, Inc. • Converted paper & paperboard prods (no contaners/boxes) • Delaware
This Amendment No. 1 to Stock Repurchase Agreement (this “Amendment”) is made effective as of July 26, 2010 and amends that certain Stock Repurchase Agreement dated as of December 23, 2009 (the “Agreement”) by and between Paneltech International Holdings, Inc. a Delaware corporation (fka Charleston Basics, Inc.) (the “Company”) and Collins Timber Company LLC, an Oregon limited liability company (the “Selling Shareholder”).
