Amendment and Supplement to Common Stock Investment Agreement between TCO Investment Inc. and Constellation 3D, Inc.

Contract Categories: Business Finance › Warrant Agreements
Summary

TCO Investment Inc. and Constellation 3D, Inc. have amended their previous agreement for the purchase of 25,000 shares of C3D common stock at $10 per share. Under this amendment, the investor will receive five-year warrants to buy an equal number of C3D shares at the original purchase price. The warrants are allocated between Guldborg International and Farpell Inc. This amendment, effective August 18, 2000, replaces any prior agreements between the parties regarding this investment.

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EX-4.32 18 0018.txt EXHIBIT 4.32 AMENDMENT AND SUPPLEMENT TO COMMON STOCK INVESTMENT- TERM SHEET On August 17, 2000, TCO Investment Inc. (hereinafter the "Investor") and Constellation 3D, Inc. (hereinafter "C3D") entered into a Common Stock Investment agreement (the "Common Stock Agreement") by which the Investor purchased 25,000 shares of Common Stock of C3D at $10.00 per share. Investor and C3D wish to amend and supplement the Common Stock Agreement to provide to Investor five (5) year warrants to purchase C3D's Common Stock at an exercise price equal to 100% of the price of the Common Stock at the time of closing. For every one (1) share purchased, the Investor will receive a warrant to purchase one (1) share of Common Stock. The warrants will be issued as follow: Guldborg International 15,000 Erlengut, CH 5600 Lenzburg 1, Switzerland Farpell Inc. 10,000 Misiones 1487 , planta baja Montevideo Uruguay The Common Stock Agreement and this Amendment supersede all other prior or written agreements between the Investor and C3D, and contain the entire understanding of the parties with respect to the matters covered herein and therein. No provision may be amended other than by an instrument in writing signed by C3D and the Investor, and no provision may be waived other than by an instrument in writing signed by the party against whom enforcement is sought. IN WITNESS WHEREOF, the parties have caused this Amendment to be duly executed as of August 18, 2000. Constellation 3D, Inc. TCO INVESTMENT INC. ------------------- /s/Ronen Yaffe /s/ Pablo Berezovsky ----------------------------- -------------------------- By: Ronen Yaffe By: Title: Treasurer Title: By Proxy