Amendment to Equity Purchase Agreement dated April 12, 2019 between EVO Transportation & Energy Services, Inc. and Billy (Trey) Peck Jr
Amendment I to the
Equity Purchase Agreement
The Equity Purchase Agreement dated June 1, 2018 is amended as follows:
The attached Exhibit G Working Capital Methodology of ($638,094) is revised to ($1,620,022).
IN WITNESS WHEREO F, the Parties have executed this Amendment on this 12th day of April 2019.
|/s/ Billy Lee Peck Jr.||/s/ Damon Cuzick|
|Billy Lee Peck, Jr.., Former President and CEO||President|
|Thunder Ridge Transport, Inc.||EVO Transportation & Energy Services, Inc.|
Working Capital Methodology
|Accounts Receivable Inventory||$||830,835||$||830,835|
|Other Current Assets||150,044||150,044|
|Total Current Assets||$||980,879||$||980,879|
|Total Current Liabilities||2,600,901||2,600,901|
|Total Working Capital||$||(1,620,022||)||$||(1,620,022||)|