Tennessee Amendment

 

 

This THIRD Amendment to Purchase Agreement (“Third Amendment”) entered into as of April 29, 2009 by and between BLUE EARTH SOLUTIONS TENNESSEE Inc., a Tennessee corporation (“Purchaser”) and THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA,  a New York corporation, successor by merger to Berkshire Life Insurance Company, a Massachusetts corporation (“Seller”)

 

 

WHEREAS, Seller and Purchaser entered into that certain Purchase and Sale Agreement, effectively dated January 8, 2009 (the “Contract”) and extended the Contract pursuant to an Amendment to Purchase Agreement entered into as of February 12, 2009 (the “First Amendment”) and a Second Amendment to Purchase Agreement entered into as of March 25, 2009 (the “Second Amendment”); and

 

WHEREAS, Purchaser and Seller desire to continue with the Contract subject to the changes thereto hereinafter set forth:

 

NOW, THEREFORE,  for and in consideration of the premises hereof and of other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Purchase and Seller do hereby covenant, stipulate and agree as follows:

 

1.	Closing Date: Seller and Purchaser agree and recognize that the Closing date for this transaction shall be on or before May 31, 2009.

 

2.	All other terms and conditions as set forth in the Agreement shall remain in full force and effect.

 

3.	This Third Amendment may be executed in multiple counterparts, each of which shall be deemed an original.

 

4.	The Agreement, as modified herein, is hereby ratified and confirmed by the parties as binding upon each of them and enforceable against them in accordance with its terms and conditions.

 

 

         IN WITNESS WHEREOF, the parties have executed this Amendment to Purchase and Sale Agreement as of the date set forth above.

 

	PURCHASER:
	BLUE EARTH SOLUTIONS TENNESSEE INC., a Tennessee corporation
	By:       /s/James Cohen, Jr.
	Name:  James Cohen, Jr.
	Title:    President
	SELLER:
	THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA, a New York corporation, successor by merger to Berkshire Life Insurance Company, a Massachusetts corporation
	By:       /s/Robert LoCascio
	Name:  Robert LoCascio
	Title:    Senior Director Real Estate Investments