Addendum No. 1 to Purchase Agreement Between Colin J. Davidson, Julie A. Davidson, and Brooke Corporation

Summary

This addendum modifies the Purchase Agreement dated May 23, 2002, between Colin J. Davidson and Julie A. Davidson (the Sellers) and Brooke Corporation (the Buyer). It clarifies that all contingency payments outlined in section 4 of the original agreement will continue to be paid to the Sellers even if Colin J. Davidson's employment, as referenced in the related employment agreement, is terminated. The addendum is dated October 17, 2002, and is signed by all parties.

EX-2.1 3 a2091529zex-2_1.txt EXHIBIT 2.1 PURCHASE AGREEMENT ADDENDUM #1 This addendum is made to and a part of the Purchase Agreement dated May 23, 2002 ("Agreement"), by and between Colin J. Davidson and Julie A. Davidson ("Seller") and Brooke Corporation ("Buyer"). Whereas, the parties desire to clarify certain provisions of the Agreement that are related to contingency payments made by the Buyer to the Seller pursuant to section 4 of the Agreement. Now therefore, in consideration of the mutual promises and conditions set forth in the Agreement, Buyer and Seller, do, by these presents, hereby agree that all contingency payments referenced in section 4 of the Agreement shall continue to be paid to the Seller in the event of termination of Colin J. Davidson's employment pursuant to the employment agreement referenced as Exhibit I to the Agreement. This addendum is dated October 17, 2002. Seller: Colin J. Davidson Buyer: Brooke Corporation /s/ Colin J. Davidson By: /s/ Michael Hess - -------------------------- -------------------------- Michael Hess, President Seller: Julie A. Davidson /s/ Julie A. Davidson - --------------------------