Amendment to Purchase Agreement between GS Direct, L.L.C. and Griffon Corporation (Section 10 Extension)

Contract Categories: Business Finance › Modification Agreements
Summary

This letter agreement, dated November 12, 2014, is between GS Direct, L.L.C. and Griffon Corporation. It amends their existing Purchase Agreement by extending the period specified in Section 10, which covers rights of first negotiation, investment, and registration rights, from December 31, 2014 to December 31, 2015. Both parties have agreed to this extension by signing the letter.

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EX-10.44 3 exhibit1044.htm EXHIBIT 10.44 Exhibit10.44
Exhibit 10.44
712 Fifth Avenue
New York, New York 10019
(212) 957-5002






November 12, 2014



GS Direct, L.L.C.
c/o Goldman Sachs & Co.
85 Broad Street
New York, NY 10004
Attention: Bradley J. Gross
Re: Purchase Agreement

Dear Sir/Madam:

Reference is made to the Purchase Agreement, dated November 13, 2013, by and between GS Direct, L.L.C. (“GS Direct”) and Griffon Corporation (“Griffon”).

This is to confirm our agreement that Section 10 of the Purchase Agreement (“Right of First Negotiation, Investment Agreement and Registration Rights Agreement”) is hereby amended to extend the period thereunder from December 31, 2014 to December 31, 2015.

Please execute this letter in the space provided below to confirm your agreement with the foregoing.

Sincerely,

Griffon Corporation


/s/ Ronald J. Kramer_________
Ronald J. Kramer
Chief Executive Officer

Acknowledged and Agreed:


G.S. Direct, L.L.C.


/s/ Bradley J. Gross__________
Bradley J. Gross
Vice President