Amendment to Stock Purchase Agreement Between Paul Prahl and Epazz, Inc.
This amendment updates the Stock Purchase Agreement between Paul Prahl and Epazz, Inc. It specifies that 85 shares of Intellisys stock will be held by Newtek Small Business Lending as collateral until Epazz, Inc. repays its SBA 7a loan. Once the loan is paid, the stock certificate will be delivered to the seller's lawyer. The amendment is signed by both parties.
Amendment to the Stock Purchase Agreement
Between Paul Prahl and Epazz, Inc. dated September 2, 2010
Section 1.05 Delivery of the Common Stock: Payment of Purchase Price
At Closing Intellisys stock certificate of 85 shares will be held by Newtek Small Business Lending until Newtek Small Business Lending SBA 7a loan is paid by Purchaser. Then the stock certificate will be deliver to Seller’s lawyer office.
Signature/s/ Paul Prahl
Paul Prahl
Signature /s/ Shaun Passley
Shaun Passley, CEO of Epazz, Inc.
