Amendment to Letter Agreement Regarding Pursuit of Acquisition Opportunities between First Aviation Services Inc. and First Equity Development Inc.

Contract Categories: Business Finance › Modification Agreements
Summary

First Aviation Services Inc. and First Equity Development Inc. have agreed to extend their existing agreement, originally effective February 1, 2002, which concerns the pursuit of acquisition opportunities. The extension, approved by the independent members of First Aviation's Board of Directors, is now on a month-to-month basis starting February 1, 2004. This means the agreement will continue unless either party decides to end it, allowing both companies to keep working together on potential acquisitions.

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EX-10.33 4 a4876674ex1033.txt EXHIBIT 10.33 Exhibit 10.33 ADDITIONAL RIDER TO FIRST AVIATION 10-K Exhibit 10.33 DESCRIPTION OF AMENDMENT TO LETTER REGARDING PURSUIT OF ACQUISITION OPPORTUNITIES Effective February 1, 2004, the independent members of the Board of Directors of First Aviation Services Inc. (the "Company"), approved extending on a month-to-month basis the Letter, effective February 1, 2002, by and between First Equity Development Inc. and its affiliates and the Company regarding the pursuit of acquisition opportunities.